Market is recovering, what steps are you taking?

[BigBos]

as long as you have faith in this market it is good decsion.crypto currency was not short purpose , it will give bigger profits potency after several years. when we taking risk , at this point we will get our return.

The point is that there must be patience in carrying out every job in the crypto space, because without patience, people tend to panic when there is a decline in cryptocurrency prices in the market, because the market does not always increase, there is also a time to go down even though after that there will be a recovery again.

yes, we all understand that patience will be the key to that, and we are sure that the market will actually recover, but what are you prepared for it and how long you are patient for it is a question for yourself. however, I am still preparing assets, whether prices are recovering or being dumped, I focus on collecting assets, especially coins such as eth and BnB. however, when the price has recovered and starts to rise to a new ATH, at this point I might sell little by little to take profit.

[Devifajarina]

Over the past weeks the market was dipping everyday that if you bought the week before, you was already at lost by the next week. This frustrating market cause may Investors to stop buying and waiting for the buttom. I just opened my binance app and noticed market is recovering, and I just wanted them know what the community at large is doing but I'll see the individual response just to pass time while we wait for full market recovery.

what are the decisions you're making now, will you wait for this new market development not to be a trap before investing again or you'll risked it and buy more coins?

If the current market conditions are not normal, the most appropriate step is to wait, we cannot force investment in such a situation, it is even very dangerous if we continue to force investment.

I prefer to wait for the full market recovery, but we will continue to analyze the next investment decision, if there is an opportunity, the market conditions are normal, then we will take the opportunity to invest.

If we do not want to experience the worst risk from the investment, it is necessary to prepare a strategy in advance if the current market conditions are not good.

[bamb]

Cryptocurrency for me is not recovering yet and the journey to recovery may still be very far ahead!  Many investors and Cryptocurrency traders bought at the top thinking the market was just entering bullish market season, but it obviously that is not the case for Cryptocurrency market. I am very cautious of what might happen next so,  I am all in bitcoin!

[livingfree]

I prefer to take the risk than to be left behind in the step.,,, time can't go back so I believe the market has started to go bullish and it's time to buy because risk has become a part of crypto.

Risk won't definitely be gone with crypto.

It's associated with it and that's going to stay forever and to those investors that still don't have a decision if they're going to buy right now or not.

Don't just create decisions that you'll regret soon. Crypto is going to stay here and if you don't invest and don't have a long term plan, it's a must to think before buying.

It is certainly going to stay forever and we should be honest and admit that the risk reward ratio in crypto is what many people gets excited and involved. The large majority of market participants doesn't fully understand the tech nor do they put in several hours per day to stay up to date all the time. They love to play around, put their portfolio together and hope to get a bit lucky here and there if possible. The hardcore guys who really try to be on top of the game most of the time are probably also doing this for a living.

Yes.

It's true that the ratio of the risk and reward makes it more interesting and understandable. Especially for those people that are already in investments and understands the technology.

They won't doubt about it and will only be needing a couple of time to invest.

[Lily Garver]

I have gone through these three stages:
1. When I first entered the market, I was very happy to buy coins and make a little money.
2. Very confident, I was born a genius for speculating coins, and then I lost everything and I slowly became depressed.
3. The heart is still like water, the clouds are calm, and I continue to buy coins when I work, but I won't sell them this time.

[Fredomago]

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Yes.

It's true that the ratio of the risk and reward makes it more interesting and understandable. Especially for those people that are already in investments and understands the technology.

They won't doubt about it and will only be needing a couple of time to invest.

Experienced gives them that confidence to continue doing this business, they are more aware of the market movements and they are aware of certain risk that they need to face.

With all that, they are still willing to move forward and see their fate if this will bring them decent amount of benefits.

Keep in mind that losses are part of this business and with that you'll learned how to use all your resources in a much better rate of success.

[cheezcarls]

Over the past weeks the market was dipping everyday that if you bought the week before, you was already at lost by the next week. This frustrating market cause may Investors to stop buying and waiting for the buttom. I just opened my binance app and noticed market is recovering, and I just wanted them know what the community at large is doing but I'll see the individual response just to pass time while we wait for full market recovery.

what are the decisions you're making now, will you wait for this new market development not to be a trap before investing again or you'll risked it and buy more coins?

First of all, don’t be too greedy. If you’ve already made profit during the market recovery, it’s better to take profit and be happy about it. I’ve learned my lesson the hard way when I am too greedy with all of my holdings until that crash due to China’s crackdown and Elon Musk’s bearish statements regarding “environmental concerns” of Bitcoin mining.

Remember that cryptocurrencies are considered as high risk due to it’s volatility. This is why from now on, I would rather take profit and be happy than just being greedy, and buy back when it dipped at my targeted buying price.

[Pandji02]

Market is on recovery again. Now i'm just doing nothing and holding my coins. Glad i took opportunity to buy BTC and ETH while they was on pretty low point.

[TribalBob]

Over the past weeks the market was dipping everyday that if you bought the week before, you was already at lost by the next week. This frustrating market cause may Investors to stop buying and waiting for the buttom. I just opened my binance app and noticed market is recovering, and I just wanted them know what the community at large is doing but I'll see the individual response just to pass time while we wait for full market recovery.

what are the decisions you're making now, will you wait for this new market development not to be a trap before investing again or you'll risked it and buy more coins?

I don't have free money in my pocket so I just wait until the market is good and sell all my old assets that are stuck in the exchange, and I don't want to be greedy, and if I have the opportunity I will buy again when it has dropped to my target buy price.

[livingfree]

Yes.

It's true that the ratio of the risk and reward makes it more interesting and understandable. Especially for those people that are already in investments and understands the technology.

They won't doubt about it and will only be needing a couple of time to invest.

Experienced gives them that confidence to continue doing this business, they are more aware of the market movements and they are aware of certain risk that they need to face.

With all that, they are still willing to move forward and see their fate if this will bring them decent amount of benefits.

Keep in mind that losses are part of this business and with that you'll learned how to use all your resources in a much better rate of success.

Well, if you have enough experience.

You don't panic and you only watch the market where it's going to be so that you can have your decision and plan to be executed at the right time.

I'll rephrase that for you, loss is a part of trading and investments.

[ZAINmalik75]

Yeh I know according to some senior crypto enthusiast that market will pump above to 45k and after that market has too much chances to dump to 35k . so I am ready for this dump if it come. And if it doesn't dump I will start work on Technical Analysis because when market become stable Technical Analysis start work correctly and help me to earn some pasive income

[avarnet]

If I prefer to wait and see new developments in the crypto market to come so that it can make me more focused and thorough in choosing coins that have the potential for me to invest in order to be profitable in the future, I also don't want to bother and take big risks in investing and prefer to be vigilant and careful and make a decision

[Plinteng]

I dare not make the decision to buy. Because I made the decision to buy several times when the market recovered, but not long after I made that decision, the market went bad again. From that experience, the attitude to be careful is very important. but if the market situation in the next week is still in the green, maybe I will change my mind and maybe invest 20% in the top coin of my choice.

[perla]

I think at first it was a bull trap but now it looks like it's really recovering, I didn't managed to load my bag right now and I think it would be too late now if I tried to load it. I was just curious about what are the other user's steps about this market recovery. I would like to know if its still safe to enter the market or to load some coins?

[Dump3er]

I think at first it was a bull trap but now it looks like it's really recovering, I didn't managed to load my bag right now and I think it would be too late now if I tried to load it. I was just curious about what are the other user's steps about this market recovery. I would like to know if its still safe to enter the market or to load some coins?

It never really looked like a bull trap to me. I am not an expert for technical analysis, not at all, but we have seen these situations before. It was unlikely to dump further as the range and type of investors is much wider and more heterogenous. There are all kinds of people and institutions involved now who all would consider a 50% drop a buying opportunity. when the investor group was more of the same kind, there were less outsiders to jump in and support the price again. I don't think Bitcoin will ever drop below the $30k range again.

[Sweetbtc]

i am looking for new coins which give me Maximum profit Thundercake still in fair launch partnered by thoreum has reflections earning cake and thoreum also thoreum stacking pool for thundercake and get the reflections Oven thundercake.

[CryptoLogo]

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I don't think you need to wait until 30k, for now if you have a large balance you can buy bitcoins. I think the price increase in the future will be higher than the previous increase, hopefully what I say will come true

In any case, it will not be superfluous to watch how bitcoin passes resistance levels. All the same, buying it at a price of 30k will be much more profitable than at 40k.
Personally, I fear that when returning to 30k, bitcoin will fall even lower, to 25k levels. I think what we are seeing now is a bull trap.

[Hypnosis00]

The current moment I think is still a bull market, where everything looks green and only Eth looks very excited this week. In this state I'm not waiting and not buying, just still holding on. I fully believe this will last until the end of next year.

All eyes on ETH as it's more profitable that bitcoin now.

People are speculating more for ETH to reach $4k than people thinking that bitcoin will reach $50k anytime soon.
This is a bull market, the movement is very positive for both altcoins and bitcoin, and we only see this when the market is already in bull run.
Probably more success ahead, so keep holding and trust crypto.

[letyouearn]

Now it's the best time to enter the market I bet. Altcoin season is coming and we will likely see some good rally in September. Just keep calm and accumulate strong projects.

[tanjiran]

until now I'm just holding with a smile looking at the eth chart. I am neither a trader nor an investor, just a small trader who raises capital from bounty hunting. I collect eth little by little from the bounty rewards, so I don't have much to do while patiently waiting. rather than taking the risk of joining a new project, I prefer coins with great potential and strong fundamentals like ETH.
the market is still in good energy, but things can change so quickly without any predictions, so take the safe route.