Quote from: yazher on Today at 02:30:25 PM

Quote from: MainIbem on June 22, 2023, 07:25:43 PM

Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.

A trap or not when investing requires proper knowledge so that you won't miss any opportunity because it could be a sign of a further increase in the price in the upcoming days. in the crypto market, nothing is certain but you could minimize the risk if you know more about the movement of the price and you will have some idea of where to start because of your past investment experience. That's why before anything else especially when it comes to your first investment, learn everything necessary from the basics and preventive measures against scam projects and hackers in order to save your time and prevent yourself from getting fooled into investing in a pump and dump coin.

Looking at when the topic was started, I would say that it is a different period we are in right now. I feel like the current situation is not a trap, we are at 37k+ and we are going strong, I think we may even finish the month at near 40k, that's not really that far away, something like maybe 5% or so? That should be enough to get closer to it at least.

This is why I believe that we need to be careful about it, we can't really make it work all that easily if we are not aware of how we are doing, if we keep thinking there could be something wrong and constantly fear then we would never be able to make a profit. We are doing fine, and it's not a trap, and we just need to keep on investing and holding until it's even higher.