How do you feel about market recovery

[justdimin]

You stated it well. One of the cons of this correction is the emergence of some scam coins. As we all know that the bear market period is a period of cleansing of the market whereby the projects that are scammy and doesn't have based will have to die off.

The cleansing has lasted for long and some few scam projects which didn't die off completely have been watered this correction and also project owners who have been working on projects may see this correction as the right period to join the market.

Well cleansing took this long because we have been in a big big bull market where some scam projects were at millions of dollars and they did increase like crazy, some of them weren't even "scam" but just a hype that they wanted to ride and make some money, like shiba and similar stuff that derived from doge.

Just because Doge got some attention (that it shouldn't get) they created some similar meme projects and these were not scam, but they were made to make owners richer that's for sure. This is why I believe that we shouldn't really care about anything regarding this issue, we should be focusing on making a bit more money in the long run for sure with solid projects instead.

I agree that it has been a while since the market has changed, and I think it's definitely going to be something that we should be careful about. It is not that much of a big deal now that we are on the bull run, and it has been looking good. But when the next bull run comes, I really hope that people would end up seeing something that is a lot better.

This is basically what we need to be look out for, do not put your money into things that you wouldn't want them on bear market. I keep them at good things, and even if I ever invest into something that is shady looking, I end up holding it at max 1 week, there is really nothing that would be good at bear run that would be bad at bull run.

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[CapGelatik]

I don't think it's too late to buy any crypto in this recovery period, you don't have to buy bitcoins, we can even buy other cryptos that have the potential to be profitable in the long term, so there's no need to rush to buy them this year, after all, everyone will buy lots of cryptos anytime

It's true that it's not too late to invest, but if you don't choose bitcoin then I think that's your biggest mistake. Can you tell me which altcoin has long term potential? Honestly, other than ETH, I don't see any altcoins worth investing in for the long term. If you think now is not the right time to invest, then when? The best time to invest is 2022, but if anyone missed out, 2023 could be the last year for us to accumulate before the bulls return.

Yes Bitcoin has always been an investment choice that no doubt is profitable,
apart from Ethereum i think a coin like BNB is worth investing for long term,
The most important thing is to do research before investing.

[Yamifoud]

Honestly, I don't feel that we are in the recovery period, I'm not yet convinced with the current market performance. I'd look at the past bear season and it never ended that fast like 1 year. I don't say this is a bull trap but I really expecting a dump after this, it is something we need to be more careful buying today. But if this will continue to move high like reaching $30k for Bitcoin, maybe that was the time would change my mind. But for now, I still consider this as usual market changes, the volatile nature of the market.

That is okay, we do not have to convince everyone to join right away on the first day. If we convince enough people everyday, we will keep going up, and if you are not one of those today, you could be when it reaches 25k, or could be one at 30k. We will need more people to keep on buying to go up, and that means it's going to be a bit of a trouble when the times comes.

Hence it's going to be an issue if we get all the people who want to buy today, because they would buy it now, and it would be over, then we will go back down. I will buy today, you will buy tomorrow, and the other person will buy the next day and it could go up this way much better and stronger.

We convince people to buy Bitcoin but we can't force them either. I know the potentiality of Bitcoin but investing them at the wrong time will make you lose as well, especially if you are impatient. Maybe it was not the issue if we buy today but what is important is that we are also cautious with our actions as the market trend keeps on changing and we are not sure if the price increase will continue and give you a profit from buying today.
Buying is not only a factor that could increase the price but also it matters if these investors are willing to hold. What will happen if they dump their coins when seeing the decline?

[n0ne]

I don't think it's too late to buy any crypto in this recovery period, you don't have to buy bitcoins, we can even buy other cryptos that have the potential to be profitable in the long term, so there's no need to rush to buy them this year, after all, everyone will buy lots of cryptos anytime

It's true that it's not too late to invest, but if you don't choose bitcoin then I think that's your biggest mistake. Can you tell me which altcoin has long term potential? Honestly, other than ETH, I don't see any altcoins worth investing in for the long term. If you think now is not the right time to invest, then when? The best time to invest is 2022, but if anyone missed out, 2023 could be the last year for us to accumulate before the bulls return.

Yes Bitcoin has always been an investment choice that no doubt is profitable,
apart from Ethereum i think a coin like BNB is worth investing for long term,
The most important thing is to do research before investing.

Doing the analysis before investing is a must, by the time it is also a must to know the risks of the market. Just think of the market crash out of the much expected platforms in the Cryptospace. It happens when the managing part fails. So, cryptocurrency market moves were highly unpredictable and we keeping ourselves prepared for the worse scenario will help us keep our portfolio undisturbed in all market situations.

BNB is good for long term among the altcoins list due to the exchange backing as well as different plans executed in keeping the market progressive for BNB. At times it is clearly known that the market of BNB is manipulated when rest of the market is in the bearish trend.

[kapalmabur]

I don't think it's too late to buy any crypto in this recovery period, you don't have to buy bitcoins, we can even buy other cryptos that have the potential to be profitable in the long term, so there's no need to rush to buy them this year, after all, everyone will buy lots of cryptos anytime

It's true that it's not too late to invest, but if you don't choose bitcoin then I think that's your biggest mistake. Can you tell me which altcoin has long term potential? Honestly, other than ETH, I don't see any altcoins worth investing in for the long term. If you think now is not the right time to invest, then when? The best time to invest is 2022, but if anyone missed out, 2023 could be the last year for us to accumulate before the bulls return.

Yes Bitcoin has always been an investment choice that no doubt is profitable,
apart from Ethereum i think a coin like BNB is worth investing for long term,
The most important thing is to do research before investing.

Doing the analysis before investing is a must, by the time it is also a must to know the risks of the market. Just think of the market crash out of the much expected platforms in the Cryptospace. It happens when the managing part fails. So, cryptocurrency market moves were highly unpredictable and we keeping ourselves prepared for the worse scenario will help us keep our portfolio undisturbed in all market situations.

BNB is good for long term among the altcoins list due to the exchange backing as well as different plans executed in keeping the market progressive for BNB. At times it is clearly known that the market of BNB is manipulated when rest of the market is in the bearish trend.

At least by doing analysis and research we know the decisions we will make in the future,
besides that by doing so it can minimize the risk which is important for traders and investors,
for the long term BNB is an unquestionable choice.

[Pierre 2]

I am both bullish and bearish at the same time for current market outlook. I believe markets can easily recover itself through Bitcoin's strong demand stabilizing everything. I feel like last moves happening this month are very healthy and shows how secure Bitcoin investment can be. Although I can't exactly say same for altcoins. Altcoins are not going bad, yet, we need to wait for possible to hit 30000 line with Bitcoin to mitigate risk with altcoin investment.

[TheGreatPython]

I am both bullish and bearish at the same time for current market outlook. I believe markets can easily recover itself through Bitcoin's strong demand stabilizing everything. I feel like last moves happening this month are very healthy and shows how secure Bitcoin investment can be. Although I can't exactly say same for altcoins. Altcoins are not going bad, yet, we need to wait for possible to hit 30000 line with Bitcoin to mitigate risk with altcoin investment.

I think he is asking if what do we feel about the market and not if what do we think can happen with the market. The only obvious answer for this would be to feel great of course because man that was recovery and it means the price is going upwards and then people can now sell for a profit. Not only by this month but it's already proven long time ago that Bitcoin is a safe investment due to its amazing characteristics.

I am only wondering on why there are still people who seem to can't understand it because they still keep on worrying when we are in a bad times like this but I don't really call this a bad time. The other side of the cycle is only happening. BTC and altcoins move as one so you shouldn't doubt them.

[fmz89]

For sure i’m not very confident this movement, keep 50:50 cash/alt, next time if btc down again its time to buy, meaning yoloing, to soon for investment, macroeconomic still not in full effect, and there is still lot of time to wait till fed full pivot, which is near halving and perfect for starting bull run

[fzkto]

For sure i’m not very confident this movement, keep 50:50 cash/alt, next time if btc down again its time to buy, meaning yoloing, to soon for investment, macroeconomic still not in full effect, and there is still lot of time to wait till fed full pivot, which is near halving and perfect for starting bull run

I also think this growth is a bit too easy. More like a dead cat bounce. Or maybe you could call it a correction of such a prolonged decline. But right now investors are not rushing into the cryptocurrency market to buy cheap coins, so I don't understand this growth.

[Inspiron14]

For sure i’m not very confident this movement, keep 50:50 cash/alt, next time if btc down again its time to buy, meaning yoloing, to soon for investment, macroeconomic still not in full effect, and there is still lot of time to wait till fed full pivot, which is near halving and perfect for starting bull run

Yes despite that the market movement is starting to go up but I don't think it will last long,
to be honest I don't really expect bullish to happen in the near future,
we'd better see what the next development will be like.

[fzkto]

For sure i’m not very confident this movement, keep 50:50 cash/alt, next time if btc down again its time to buy, meaning yoloing, to soon for investment, macroeconomic still not in full effect, and there is still lot of time to wait till fed full pivot, which is near halving and perfect for starting bull run

Yes despite that the market movement is starting to go up but I don't think it will last long,
to be honest I don't really expect bullish to happen in the near future,
we'd better see what the next development will be like.

Logically, the next cycle should be bullish. But I agree with you that it is very difficult to determine which phase of the market we are in right now. Few altcoins were able to show good growth, that's because most of these coins are concentrated in one hands. About bitcoin it's not clear to me either, the 23k level is not very important, so the price can go anywhere.

[kamvreto]

For sure i’m not very confident this movement, keep 50:50 cash/alt, next time if btc down again its time to buy, meaning yoloing, to soon for investment, macroeconomic still not in full effect, and there is still lot of time to wait till fed full pivot, which is near halving and perfect for starting bull run

Yes despite that the market movement is starting to go up but I don't think it will last long,
to be honest I don't really expect bullish to happen in the near future,
we'd better see what the next development will be like.

Logically, the next cycle should be bullish. But I agree with you that it is very difficult to determine which phase of the market we are in right now. Few altcoins were able to show good growth, that's because most of these coins are concentrated in one hands. About bitcoin it's not clear to me either, the 23k level is not very important, so the price can go anywhere.

if the next cycle has to be bullish, of course it has to start from bitcoin. If bitcoin is a bullish altcoin recovery will not occur, but if the bitcoin price stabilizes in the $20k price area it will be an opportunity for altcoins to be able to recover in price, and also BTC dominance decreases so that a lot of money goes into altcoins.
Some altcoins are showing a quite good recovery, but this depends on how Bitcoin moves, if bitcoin has to be forced down again to a price level below $20k, then the tips are getting ready to enter another bearish market.

[Xampeuu]

For sure i’m not very confident this movement, keep 50:50 cash/alt, next time if btc down again its time to buy, meaning yoloing, to soon for investment, macroeconomic still not in full effect, and there is still lot of time to wait till fed full pivot, which is near halving and perfect for starting bull run

Yes despite that the market movement is starting to go up but I don't think it will last long,
to be honest I don't really expect bullish to happen in the near future,
we'd better see what the next development will be like.

Logically, the next cycle should be bullish. But I agree with you that it is very difficult to determine which phase of the market we are in right now. Few altcoins were able to show good growth, that's because most of these coins are concentrated in one hands. About bitcoin it's not clear to me either, the 23k level is not very important, so the price can go anywhere.

if the next cycle has to be bullish, of course it has to start from bitcoin. If bitcoin is a bullish altcoin recovery will not occur, but if the bitcoin price stabilizes in the $20k price area it will be an opportunity for altcoins to be able to recover in price, and also BTC dominance decreases so that a lot of money goes into altcoins.
Some altcoins are showing a quite good recovery, but this depends on how Bitcoin moves, if bitcoin has to be forced down again to a price level below $20k, then the tips are getting ready to enter another bearish market.

as is the case at this time where bitcoin touched the price of $ 22k, and we see that many altcoins have also increased, indeed the dominance of bitcoin is still the mother of altcoins, so bitcoin can be used as a benchmark for trading and investing by choosing potential altcoins, but for me keep choosing altcoins that are top on coinmarketcap. rarely invest in new altcoins even if they jump the increase is fantastic, but also carries a high risk too, except when placing a little capital just looking for luck

[kapalmabur]

For sure i’m not very confident this movement, keep 50:50 cash/alt, next time if btc down again its time to buy, meaning yoloing, to soon for investment, macroeconomic still not in full effect, and there is still lot of time to wait till fed full pivot, which is near halving and perfect for starting bull run

Yes despite that the market movement is starting to go up but I don't think it will last long,
to be honest I don't really expect bullish to happen in the near future,
we'd better see what the next development will be like.

Logically, the next cycle should be bullish. But I agree with you that it is very difficult to determine which phase of the market we are in right now. Few altcoins were able to show good growth, that's because most of these coins are concentrated in one hands. About bitcoin it's not clear to me either, the 23k level is not very important, so the price can go anywhere.

if the next cycle has to be bullish, of course it has to start from bitcoin. If bitcoin is a bullish altcoin recovery will not occur, but if the bitcoin price stabilizes in the $20k price area it will be an opportunity for altcoins to be able to recover in price, and also BTC dominance decreases so that a lot of money goes into altcoins.
Some altcoins are showing a quite good recovery, but this depends on how Bitcoin moves, if bitcoin has to be forced down again to a price level below $20k, then the tips are getting ready to enter another bearish market.

as is the case at this time where bitcoin touched the price of $ 22k, and we see that many altcoins have also increased, indeed the dominance of bitcoin is still the mother of altcoins, so bitcoin can be used as a benchmark for trading and investing by choosing potential altcoins, but for me keep choosing altcoins that are top on coinmarketcap. rarely invest in new altcoins even if they jump the increase is fantastic, but also carries a high risk too, except when placing a little capital just looking for luck

Yes Bitcoin still has a strong influence on altcoins and that's why I'm not surprised that Bitcoin is called the king of crypto,
but don't focus on Bitcoin only and better monitor the overall market movement,
The top altcoins are still an ideal choice for investment.

[kamvreto]

~snip~rarely invest in new altcoins even if they jump the increase is fantastic, but also carries a high risk too, except when placing a little capital just looking for luck

looking for luck or waiting for a new altcoin pumping boom, it is indeed very tempting when it meets expectations and enters the project early. Or if you take part in the public sale you will get a special price. But it's rare for a project to actually reach its current presale price when Bitcoin goes into a bearish mode. Placing a little capital or participating in several presales might be an option for those who want to try it with high risk.

~snip~but don't focus on Bitcoin only and better monitor the overall market movement,
The top altcoins are still an ideal choice for investment.

If you don't want to focus only on bitcoin, then decide which altcoin you will choose. But even a top altcoin will not be a guarantee that the investment will last, because we have to learn from some altcoins that have crashed despite being at the top of CMC's rankings. Do your research and do it at your own risk.

[dark1234]

at the moment the market seems to be giving hope for a quick recovery...
but we still have to be careful not to get too emotional and obsessed with big profits from the current movement
because fundamentally the price can turn negative
for sure, keep watching and take opportunities according to what we believe from some potential altcoins

[fzkto]

For sure i’m not very confident this movement, keep 50:50 cash/alt, next time if btc down again its time to buy, meaning yoloing, to soon for investment, macroeconomic still not in full effect, and there is still lot of time to wait till fed full pivot, which is near halving and perfect for starting bull run

Yes despite that the market movement is starting to go up but I don't think it will last long,
to be honest I don't really expect bullish to happen in the near future,
we'd better see what the next development will be like.

Logically, the next cycle should be bullish. But I agree with you that it is very difficult to determine which phase of the market we are in right now. Few altcoins were able to show good growth, that's because most of these coins are concentrated in one hands. About bitcoin it's not clear to me either, the 23k level is not very important, so the price can go anywhere.

if the next cycle has to be bullish, of course it has to start from bitcoin. If bitcoin is a bullish altcoin recovery will not occur, but if the bitcoin price stabilizes in the $20k price area it will be an opportunity for altcoins to be able to recover in price, and also BTC dominance decreases so that a lot of money goes into altcoins.
Some altcoins are showing a quite good recovery, but this depends on how Bitcoin moves, if bitcoin has to be forced down again to a price level below $20k, then the tips are getting ready to enter another bearish market.

Now a small number of coins have grown, as opposed to the others, which have not grown. Even the most important altcoin, ETH, lost value recently. Therefore, the dominance of BTC is not moving yet. I don't know if we are on the verge of a bull market or not, but it all looks like manipulation to me.

[kamvreto]

Now a small number of coins have grown, as opposed to the others, which have not grown. Even the most important altcoin, ETH, lost value recently. Therefore, the dominance of BTC is not moving yet. I don't know if we are on the verge of a bull market or not, but it all looks like manipulation to me.

Bitcoin's dominance is around 42.3% and ETH's 18.4% and it's been a strong dominance and is on the rise for now. Bitcoin is still stable in the $22k-$23k price area.
Is this the threshold of a bull market? we'll see when it's on Montly Closed. If Bitcoin changes direction and we are bearish, get ready to hold on, especially altcoins.
Manipulation will continue to occur in the crypto market so that will also affect it.

[CapGelatik]

For sure i’m not very confident this movement, keep 50:50 cash/alt, next time if btc down again its time to buy, meaning yoloing, to soon for investment, macroeconomic still not in full effect, and there is still lot of time to wait till fed full pivot, which is near halving and perfect for starting bull run

Yes despite that the market movement is starting to go up but I don't think it will last long,
to be honest I don't really expect bullish to happen in the near future,
we'd better see what the next development will be like.

Logically, the next cycle should be bullish. But I agree with you that it is very difficult to determine which phase of the market we are in right now. Few altcoins were able to show good growth, that's because most of these coins are concentrated in one hands. About bitcoin it's not clear to me either, the 23k level is not very important, so the price can go anywhere.

if the next cycle has to be bullish, of course it has to start from bitcoin. If bitcoin is a bullish altcoin recovery will not occur, but if the bitcoin price stabilizes in the $20k price area it will be an opportunity for altcoins to be able to recover in price, and also BTC dominance decreases so that a lot of money goes into altcoins.
Some altcoins are showing a quite good recovery, but this depends on how Bitcoin moves, if bitcoin has to be forced down again to a price level below $20k, then the tips are getting ready to enter another bearish market.

Now a small number of coins have grown, as opposed to the others, which have not grown. Even the most important altcoin, ETH, lost value recently. Therefore, the dominance of BTC is not moving yet. I don't know if we are on the verge of a bull market or not, but it all looks like manipulation to me.

yes indeed I think it's too early to say that the bull market has returned, and it's also very difficult to say this is manipulation,
because the Bitcoin price is still holding above $ 20k that's why many experts say bullish, but the current world situation too it's still not good,
and it might crash the market again, so be careful when trading or investing.

[Pamadar]

For sure i’m not very confident this movement, keep 50:50 cash/alt, next time if btc down again its time to buy, meaning yoloing, to soon for investment, macroeconomic still not in full effect, and there is still lot of time to wait till fed full pivot, which is near halving and perfect for starting bull run

Yes despite that the market movement is starting to go up but I don't think it will last long,
to be honest I don't really expect bullish to happen in the near future,
we'd better see what the next development will be like.

Logically, the next cycle should be bullish. But I agree with you that it is very difficult to determine which phase of the market we are in right now. Few altcoins were able to show good growth, that's because most of these coins are concentrated in one hands. About bitcoin it's not clear to me either, the 23k level is not very important, so the price can go anywhere.

if the next cycle has to be bullish, of course it has to start from bitcoin. If bitcoin is a bullish altcoin recovery will not occur, but if the bitcoin price stabilizes in the $20k price area it will be an opportunity for altcoins to be able to recover in price, and also BTC dominance decreases so that a lot of money goes into altcoins.
Some altcoins are showing a quite good recovery, but this depends on how Bitcoin moves, if bitcoin has to be forced down again to a price level below $20k, then the tips are getting ready to enter another bearish market.

Now a small number of coins have grown, as opposed to the others, which have not grown. Even the most important altcoin, ETH, lost value recently. Therefore, the dominance of BTC is not moving yet. I don't know if we are on the verge of a bull market or not, but it all looks like manipulation to me.

yes indeed I think it's too early to say that the bull market has returned, and it's also very difficult to say this is manipulation,
because the Bitcoin price is still holding above $ 20k that's why many experts say bullish, but the current world situation too it's still not good,
and it might crash the market again, so be careful when trading or investing.

We need to be careful as there's still a big chance that the market will experienced another fall, what we need to do is to have a good preparation, an alternative in case the market expereince another downfall.

It's needed to have a good plan either to keep accumulating or to short if you fully understand the risk that
you are going to take.

It's more on how willing you are to step to inside whatever the next market movement will offer you.