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?
This is why knowledge is very much needed in the crypto world, if you invest without the right knowledge, then what you should do becomes something that is detrimental, in the crypto world there are two steps you have to do, first analyze the market, second you must be able to see if the condition of the coin is is going up or down.
We must be able to analyze this condition properly, when the condition of the coin goes down, the right step is to buy, and vice versa, if the coin goes up, what we have to do is release or sell.
That's why it's important to know here, waiting for market recovery is something that must be predictable, otherwise the investment we make doesn't mean anything, it is very likely that we will get a loss.