Can crypto go lower than 95% - page 2.

Lanatsa

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Quote from: CuriousGeorge on August 13, 2022, 11:39:02 AM

Quote from: Ararbermas on August 13, 2022, 02:09:07 AM

I'm wondering what came to the OP's mind to choose those token what he have mentioned above because it's clearly not popular in the market and seems new?

They were popular enough in the crypto communities. I think that you must check them all on binance. They were actively traded by so many people. I can't even believe if you didn't know about theta or 0x network. Woo token was also very popular as it's owned by woo exchange site as well.
I think that you need to get some source to get more informations about that.

Not all people been aware on whats the popularity condition of a certain coin because if we do look up and consider on how many coins in the market then we wont really learn everything or being aware on the situation.

If we do speak about lower than 95% then it is really that common and cant really be ignored that coins or projects could really go below as low as this but eventually to those projects who do have actual potential

will eventually had the high chance or odds on making some recovery or would able to sustain this market because demand would be always the main factor on why a certain project could able to survive
these bear markets or declining market.Purchasing coins will really be depending on your preference and analysis and we do really differ on each other when it comes to this.

Dollar_Hunter

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very rarely, as far as I know altcoins or cryptocurrencies can drop to -95% or even -99% because the project has negative news,
for example like Terra Luna, LUNA dropped -99% because of the founder's mistake, and it does have an impact on the price,

CuriousGeorge

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Quote from: Ararbermas on August 13, 2022, 02:09:07 AM

I'm wondering what came to the OP's mind to choose those token what he have mentioned above because it's clearly not popular in the market and seems new?

They were popular enough in the crypto communities. I think that you must check them all on binance. They were actively traded by so many people. I can't even believe if you didn't know about theta or 0x network. Woo token was also very popular as it's owned by woo exchange site as well.
I think that you need to get some source to get more informations about that.

tbterryboy

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Quote from: sumant on August 11, 2022, 05:10:49 AM

If you look at luna which was at good price gone to zero then become useless so you can say any crypto can not only go 95% down even they can go to zero. Any project lost usecase in this society will never pick up in price. Sometimes project start with good purpose but team members couldn't executed plans.

When you say any, it includes bitcoin but I don't think bitcoin can drop that much and even if there are so many new altcoin and tokens right now, the use case of btc are still there and it was still being considered the most. When you look on online shops or even in the offline ones, btc is the main coin that they are supporting and I rarely see they accept other coins. I think this is because btc is the first so it was also more popular than the rest.

There's actually projects without use cases, take meme coins for example but it's still possible for their values to rise. It's important to follow the coin you are investing so that you will know if the teams are still dedicated to improve it, if not then you can quit early before it collapse.

Ararbermas

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I'm wondering what came to the OP's mind to choose those token what he have mentioned above because it's clearly not popular in the market and seems new? I hope he didn't have any of that coin because surely in the future there will be no good return in it.. It always too good to be true and when it comes investing we should know which is more promising not just short term for long term as well..

bitterguy28

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Quote from: Cuda911 on May 29, 2022, 10:20:46 AM

Most the favourite projects I have in mind to buy have already lose 80% to 90% of their value, if you are in my shoe would you start buying? I did try to buy piece by piece like 20$ to 30$ range but I still don't know if I am doing the right thing... I have these projects in mind

1. Theta
2. Sad to
3. Lukso
4. Mina Protocol
5. Layer zero
6. 0x
7. Woo Network

But looking for good entry per dollar

Know what? this is only meanings one thing and that is all your chosen projects are BS one and none are legit thats why all of them experienced 90% dumping.

now you learn the lesson then best you need to invest in currency or project that had potential or those coins that is in good position meaning in ranking currency.

romero121

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Those mentioned by OP have got good potential and wide market. For time being there is no growth and has fallen down drastically. Making it an opportunity to invest small amount seems to be better choice. Prioritising top altcoins is always good, but these are also potential coins that can move to the top order. Few are within the top 100 which makes it a valueable one.

ScamViruS

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Quote from: sumant on August 11, 2022, 05:10:49 AM

If you look at luna which was at good price gone to zero then become useless so you can say any crypto can not only go 95% down even they can go to zero. Any project lost usecase in this society will never pick up in price. Sometimes project start with good purpose but team members couldn't executed plans.

Many projects in the crypto market went to zero and among them there were top coins before. But coins with such a huge market cap like luna have not gone to zero. The Luna incident is a great example for crypto investors to deal with any situation. If you keep an eye on social media you can see how crypto investors are promoting every crypto project they see as huge and influencing small crypto investors. So every investor must be careful not to get influenced by anyone's hype.

Ayers

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selling now also becomes meaningless when the value of coins has dropped by more than 90%, the best way is to keep holding and stop pouring money into these coins
there is no guarantee that they will recover when the bear market is over, there are many coins that will die and be forgotten

you should focus on bitcoin and ethereum instead of other altcoins to minimize risk
try to wait for a bull market and those coins if they recover then sell them immediately, don't expect to profit from them anymore

X-ray

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Quote from: Kopetunto on June 10, 2022, 02:23:33 PM

it has happened mate!, many altcoins have fallen more than -90%,
of course this makes altcoin holders frustrated, myself included,
I'm really sad about this bear market, because this is the worst in my opinion,

Even some have been fallen to the -99% or even -100%. Altcoins can also be a scam anytime and people can't sell their token and exchange it with the stable token. The bear market was a must to ensure if market is healthy rather than always going up but it can go down in a few days like luna. I think you can see luna as a good example for you to know that if sometime crypto can down from the top to the bottom anytime. It doesn't matter how good market but any surprise can happen in the crypto.
People must also think about this as well.

ItsCrafty

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Bro no one can predict the exact bottom and top of any coin. A good trader always trade level to level.
For this you must have a strong grip on technical analysis to find out the support and resistance points of the coin with the help of indicators and by manually study the chart of candle stick pattern.
Market bus down and it's very high chances that now coins will Recover. May be some coin dump more than 95% because of bad News but not at all.

sumant

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If you look at luna which was at good price gone to zero then become useless so you can say any crypto can not only go 95% down even they can go to zero. Any project lost usecase in this society will never pick up in price. Sometimes project start with good purpose but team members couldn't executed plans.

Cuda911

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Quote from: Joca97 on June 02, 2022, 04:46:05 PM

Quote from: Cuda911 on May 29, 2022, 10:20:46 AM

Most the favourite projects I have in mind to buy have already lose 80% to 90% of their value, if you are in my shoe would you start buying? I did try to buy piece by piece like 20$ to 30$ range but I still don't know if I am doing the right thing... I have these projects in mind

1. Theta
2. Sad to
3. Lukso
4. Mina Protocol
5. Layer zero
6. 0x
7. Woo Network

But looking for good entry per dollar

All this coins for me are really a big risk and if you invest in them it should be an amount that you can honestly afford to lose.
The only good coins in this bad run is bitcoin and eth but mostly bitcoin survived this huge loss on the market. Hopefully we start seeing it go up soon

I am glad I just went ahead and follow my mind, today all these coins and tokens are doing so well, few have doubled my investment already, lukso and mina protocol for example, they are not nonsense projects I suggest you look into them.

kapalmabur

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Quote from: wmaurik on June 11, 2022, 05:13:08 AM

Quote from: Kopetunto on June 10, 2022, 02:23:33 PM

it has happened mate!, many altcoins have fallen more than -90%,
of course this makes altcoin holders frustrated, myself included,
I'm really sad about this bear market, because this is the worst in my opinion,

I have never even been sad about the current market conditions and if you feel sad about the current market conditions, please tell me what has made you sad now because for me the bear market this year is still less extreme when compared to the bear market in 2018 saw all the altcoins drop almost 100% more than their peak price.

Basically, everyone cannot be generalized and has their own emotions when looking at current market conditions,
indeed when compared to current conditions with conditions in 2018 it is clear that 2018 conditions are more severe,
apart from that it's better not to be sad and use this opportunity to buy some potential coins

wheelz1200

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Quote from: Cuda911 on May 29, 2022, 10:20:46 AM

Most the favourite projects I have in mind to buy have already lose 80% to 90% of their value, if you are in my shoe would you start buying? I did try to buy piece by piece like 20$ to 30$ range but I still don't know if I am doing the right thing... I have these projects in mind

1. Theta
2. Sad to
3. Lukso
4. Mina Protocol
5. Layer zero
6. 0x
7. Woo Network

But looking for good entry per dollar

No hard no. Don't catch falling knives. You want to buy when everything levels off for months, not now when things are dropping like crazy. This might only he the start. I feel like this bear will be even worse than years past.

MiF

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Quote from: Cuda911 on May 29, 2022, 10:20:46 AM

Most the favourite projects I have in mind to buy have already lose 80% to 90% of their value, if you are in my shoe would you start buying? I did try to buy piece by piece like 20$ to 30$ range but I still don't know if I am doing the right thing... I have these projects in mind

1. Theta
2. Sad to
3. Lukso
4. Mina Protocol
5. Layer zero
6. 0x
7. Woo Network

But looking for good entry per dollar

Everything is possible in crypto, sometimes i think that crypto also depend on our luck and sometimes i feel like we need more knowledge to determine the right project to invest. Ive been in crypto since 2016 and i am ingage with a different situation like investing a project that i think will pump in the next 3 years from the day that i purchase but it end up lossing because most of the project on year 2017-2017 (bull season) fall on year 2019 to 2020 (bear season)because it is abandoned by the developer so i am unlucky with my holdings all i can say now is keep going i know there are a lot of new projects that will soon pump we only loss if we surrendered and leave crypto but if we keep trying soon we will recieved profit.

wmaurik

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Quote from: Kopetunto on June 10, 2022, 02:23:33 PM

it has happened mate!, many altcoins have fallen more than -90%,
of course this makes altcoin holders frustrated, myself included,
I'm really sad about this bear market, because this is the worst in my opinion,

I have never even been sad about the current market conditions and if you feel sad about the current market conditions, please tell me what has made you sad now because for me the bear market this year is still less extreme when compared to the bear market in 2018 saw all the altcoins drop almost 100% more than their peak price.

BuNga_cute

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Quote from: Kopetunto on June 10, 2022, 02:23:33 PM

it has happened mate!, many altcoins have fallen more than -90%,
of course this makes altcoin holders frustrated, myself included,
I'm really sad about this bear market, because this is the worst in my opinion,

It is true that the bear market that occurred in 2022 made some altcoins fall by 95%. But we must be patient and think positively to face
the current bear market. I think if we have good enough knowledge about the crypto world, and also experienced in the crypto world.
There should be no need to be frustrated and panic at seeing the drastic decline in altcoins prices, on the contrary we should be able to look
at it from the positive side. Because the bear market that is happening now is the right moment to collect coins that we consider potential,
so when the market recovers, and the price of the coins we buy increases in price, then we can make a profit. After all, the bear market
that happened this year was not the worst. So the possibility of the market to recover is quite large, the most important thing is that we must
choose the right coins for investment, because the wrong choice of coins is definitely a very big risk for us to lose money.

Kopetunto

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it has happened mate!, many altcoins have fallen more than -90%,
of course this makes altcoin holders frustrated, myself included,
I'm really sad about this bear market, because this is the worst in my opinion,

Balmain

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You follow a better path by making piecemeal purchases. There are many altcoins that have lost 90% of their value right now, and there is still no reason for them to lose value. In fact, the important thing here is to be able to predict the bottom level of bitcoin, these levels are definitely not the bottom. If it falls below 20 thousand dollars, I can say that the bottom prices, then altcoins will decrease by this much. In the meantime, there will be a rise again and if the bitcoin comes to 40-50 thousand dollars, then you may regret it, so you can continue to buy piecemeal.

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