Post
Topic
Board Altcoin Discussion
Re: Recovery Mode activated
by
TheUltraElite
on 06/09/2021, 06:49:18 UTC
After a massive bear run that shake the market in May this year which could be similar to the 2017 market crash. have you been able to recover your loss?
Loss would be incurred if you sold at the bottom instead of buying or bought at the high. I havent sold any coins at such points and so I dont have anything to recover. My sell orders are currently at higher than current prices, waiting to be filled when the bull trend starts again.

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we can not rule out another downfall.
Downfall may occur true, but the chances of breaking out are more. Since the last few weeks now, the price is trying to inch away to 51k USD but is facing a selling pressure at that range and dropping back down to 49-48k USD. But we can be proven wrong in case some bagholder decides to dump it all right now.

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for me, i have only recovered 30- 40 % of my loss.
Focus more on buying and selling at the proper level than trying to recover a loss. This is easier said than done, but good luck.