Can crypto go lower than 95% - page 3.

Mame89

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Quote from: rodskee on June 10, 2022, 06:30:21 AM

Quote from: Cuda911 on May 29, 2022, 11:20:46 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

You know what is the problem here? that is most of your coins or the project you supported are Shitcoins and still expecting a Hype?
it is that you will only win once in a blue moon , why not support currency that has bright future than those shitcoins on your list?
if you will not change this attitude then expect more on losing than gaining.

Quote from: kesmex on June 03, 2022, 02:03:19 PM

We never know what happened, lower to -95% haha sounds funny but it has happened to top projects,
YES! that is LUNA!, we are in the world of crypto currency, which we know right now is very cruel,
PUMP and DUMP happen, high volatility makes everyone frustrated,

LUNA is a scam project and that is what really tend to happen from the beginning and this is why losers keep on growing because of their support to nonsense projects.

I'm not going to stop people from planning the investments they hope for, it's just that we're just making comparisons and that can be a plan choice to correct again. many people correct about coins that they can make sure they are because there may be an impact of hype season or whatever and are ready to take risks. Of course, I'm sure they will buy top rank coins BTC, ETH, BNB because it's clear in the future, and just have to be patient waiting for the bull season to come.

rodskee

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Quote from: Cuda911 on May 29, 2022, 11:20:46 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

You know what is the problem here? that is most of your coins or the project you supported are Shitcoins and still expecting a Hype?
it is that you will only win once in a blue moon , why not support currency that has bright future than those shitcoins on your list?
if you will not change this attitude then expect more on losing than gaining.

Quote from: kesmex on June 03, 2022, 02:03:19 PM

We never know what happened, lower to -95% haha sounds funny but it has happened to top projects,
YES! that is LUNA!, we are in the world of crypto currency, which we know right now is very cruel,
PUMP and DUMP happen, high volatility makes everyone frustrated,

LUNA is a scam project and that is what really tend to happen from the beginning and this is why losers keep on growing because of their support to nonsense projects.

leea-1334

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Quote from: South Park on June 10, 2022, 04:08:53 AM

It seems we have the same train of thought, I can understand that people want to take greater risks as this means the opportunity of a greater reward, but in that case such risk needs to be taken with the utmost care, if we invest too much money in some of those coins which have high potential but also a high risk we may select all the wrong coins and lose the capital we invested, so with this in mind it is necessary to limit the amount of money we invest in those altcoins just in case we were unable to select the coins that will do well during this bear market.

I honestly cannot understand all of this reference to 'too much money' or 'taking greater risks'.

I know this is a contentious idea but this kind of crypto ínvestment is not really investment but gambling,,, Bitcoin and ETH yes are investments, but anything else that is so unsure has to be treated like a pure gamble.

So what do we do when we gamble? First, assume that all the money we put in is gone. Second, only put in what you can afford to lose.

Do like this and there is no more 'too much money' problem

South Park

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Quote from: Bonenx14 on June 02, 2022, 05:50:40 AM

Quote from: South Park on June 02, 2022, 03:19:20 AM

This is something that can happen and without a doubt you need to be careful, however what percentage of your capital do you want to invest in those coins? Because if it is a small percentage, like 5% or less then maybe it is worth it to roll the dice and hope for a few of those coins to go up in value, however if you are thinking on investing the majority or all your capital then this is a move I would never recommend, due to the high risk that you will be taking.

We have to allocate max 10% for the altcoin list above because most of the altcoin list above I don't know, but if the list above is only ETH and BNB then I will allocate 70% for investment in both because there is no doubt for me to invest higher on both coins.

It seems we have the same train of thought, I can understand that people want to take greater risks as this means the opportunity of a greater reward, but in that case such risk needs to be taken with the utmost care, if we invest too much money in some of those coins which have high potential but also a high risk we may select all the wrong coins and lose the capital we invested, so with this in mind it is necessary to limit the amount of money we invest in those altcoins just in case we were unable to select the coins that will do well during this bear market.

Reatim

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Quote from: jossiel on June 03, 2022, 06:53:22 PM

The whole crypto market can drop a lot just as what you're thinking. But I don't think this time is going to be painful, a lot of changes were made and fundamentals.

But based on your choice, I think that you need to upgrade your choices and choose better projects than of those you've got. I'll buy as I see the market experiencing bearish moves and it's an opportunity that I shouldn't miss.

And the choices that I'll make, I'll make sure that I've doing it correctly based on my own standards.

our standards will keep us making money if we are willing to keep them on hold because for sure we are buying a competent and trust worthy coins like top currencies.

Quote from: ?? on ??

It can go more than %95 in a few days, the total value of the specific coin depends on trading volume aka demand. Btw, it is not fully confirmed bear market cycle, wait for further drop and invest later. There are potentially better altcoins compared your investment choice coins,IMHO. Check top 100 CMC coins and invest at least half of overall capital.

wait I will remind you that he is asking about dumping to 95% in which Am not sure will come , imagine Bitcoin to fall down below 5k again? nope this wont happen for sure though it is not bitcoin specifically that he is asking .

jossiel

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The whole crypto market can drop a lot just as what you're thinking. But I don't think this time is going to be painful, a lot of changes were made and fundamentals.

But based on your choice, I think that you need to upgrade your choices and choose better projects than of those you've got. I'll buy as I see the market experiencing bearish moves and it's an opportunity that I shouldn't miss.

And the choices that I'll make, I'll make sure that I've doing it correctly based on my own standards.

suzanne5223

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Quote from: m_nief on June 02, 2022, 07:56:19 PM

Quote from: suzanne5223 on June 02, 2022, 05:38:59 PM

Quote from: Cuda911 on May 29, 2022, 11:20:46 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

But looking for good entry per dollar

Understand this OP, we are in the season where every crypto in the market is not saved from a downtrend and that includes the stablecoins either. However, the 80-90% downtrend of the altcoin you want to invest in shouldn't draw you back from your plan because this season is the perfect entry time but you just need to do adequate research about the altcoin you wanted to invest in because some altcoin will never survive this correction market.

If the altcoin introduces some new concept that somehow solves the crypto-related issue, has good historical data, Marketcap, and is well supported by the crypto community it is good to invest in it.

Risk investing on altcoin have 80-90% downtrend because not all altcoin when drop drastically can reach higher price again, maybe you got experience with Luna coin after 80-90% downtrend have delist on end journey before moving to new version. How ever top coinmarketcap position standing I don't believe with 80-90% downtrend will have new moment can back to higher price again, I afraid when investing with 80-90% downtrend coin because I think wait several days later before become scam coin.

Everything in life has its own risk involved and that includes just drinking ordinary because if you're not careful with it may lead to the couch but the carefulness i mentioned is what most crypto investors don't have.
Trust me, Luna's downtrend is something people ought to have foreseen, and thats those that carefully go through the project concept, not the hype and the amount of Bitcoin accumulated by them to back the shitcoin.
If you're afraid to accumulate coins because it 80-90% dump in the price you'll miss the right opportunity you have and what you need to do is to grow your knowledge in selecting the right investment.

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Quote from: kesmex on June 03, 2022, 02:03:19 PM

We never know what happened, lower to -95% haha sounds funny but it has happened to top projects,
YES! that is LUNA!, we are in the world of crypto currency, which we know right now is very cruel,
PUMP and DUMP happen, high volatility makes everyone frustrated,

But for this volatile nature you can also make a profit from this market. The Luna incident has once again taught crypto investors how important it is to close profitable trades at the right time. Since the market is open, even if you make a wrong decision, you have to bear the responsibility for that mistake. So a lot of crypto investors have lost their money due to the irresponsible activities of the Luna team which is witnessing a very sad incident in the crypto world. So far, the crypto market has had an impact that began with the collapse of Luna. When this happens to a top coin, of course, trust issues are created among investors.

kesmex

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We never know what happened, lower to -95% haha sounds funny but it has happened to top projects,
YES! that is LUNA!, we are in the world of crypto currency, which we know right now is very cruel,
PUMP and DUMP happen, high volatility makes everyone frustrated,

m_nief

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Quote from: Bonenx14 on June 03, 2022, 05:18:39 AM

Quote from: mindrust on June 02, 2022, 11:20:20 PM

Terra Luna went 99% down and when people thought it can’t go down anymore and bought in, it went down another 99%. If a project is on the verge of death, it can go down a lot. Sometimes you just can’t buy the dip because there isn’t any. It goes down and down

Everything is possible in crypto, Luna has proven high ATH rate and drastic drop in charts at CMC, so investors should be careful choosing coins and should learn from investing in Luna because all altcoins other than BTC then altcoins can fall drastically like Luna.

Nothing impossible from cryptocurrency become richest person and become poor on short time, actually we only see with how many investor suddenly get much profit with low fund investing and get much profit later. But keep remember with how many investor losing all money after investing on Luna coin with higher price above $100 before dropping under $0.000012. Here we can take lesson never become long term and loyal with some coin for holding, keep sell when reach profit and use stop loss for take care if price really drop like Luna.

sana54210

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Quote from: jaberwock on June 02, 2022, 11:54:29 AM

90 percent of drop is too much and im not sure if it's a good thing already but drop like this won't make people rush to buy but they will be rushing to know the reason of the drop. Anyway I know some of the coins that you have listed like theta, mina and 0x. You can still try investing on those coins and hope that they recover and pumped once the market returns to normal but for the rest on your list, I will stay away from them or if you know them personally, you can try investing smaller amounts on them, just in case they didn't go well.

Depends on the coin we are talking about. Just to give an example, Bitcoin reached 68k at the top, which means if it drops 90% that would be 10% left and that is around 7k dollars. Would you buy bitcoin at 7k? I can tell you that you "can't" buy bitcoin at 7k, why not? Because people would buy it in bulk, especially those nations and hedge funds and companies that invest into bitcoin would spend billions upon billions to make it go up and accumulate a lot until it gets there.

This is the proof that we are not going to see those prices again. However, assuming we ever did, you should be buying with all you got because that price will recover pretty quickly and it will go up again.

RussianEnglishTranslation

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Quote from: LouVandetta on June 03, 2022, 10:36:06 AM

Quote from: mindrust on June 02, 2022, 11:20:20 PM

Terra Luna went 99% down and when people thought it can’t go down anymore and bought in, it went down another 99%. If a project is on the verge of death, it can go down a lot. Sometimes you just can’t buy the dip because there isn’t any. It goes down and down… I believe most alts have the same potential of going to zero as terraluna. Most ICO era alts are not around anymore so be careful with your investments.

When you thought it's the lowest, but things can get worse than before, that was indeed what happened with Luna. At least V2 has brought back a bit of hope for Luna, but can't really tell whether it can bring back luna to its colorful days or not.

Just as you said, most alts has the same risks of being "dead" or something, no matter how good they are. If it's time, it's time.
I mean, it's already a huge risk buying the dip, but if only you can afford to lose your money, then go ahead, if you can't, then just wait for a better market condition to buy.

I don't understand why anyone would buy a proven scam though, regardless of the price. Especially when there are so many bluechip cryptos out there with world changing technology and adoption, like XRP (which is partnered with hundred of banks) and ICP (which is building a new internet on the blockchain).

LouVandetta

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Quote from: mindrust on June 02, 2022, 11:20:20 PM

Terra Luna went 99% down and when people thought it can’t go down anymore and bought in, it went down another 99%. If a project is on the verge of death, it can go down a lot. Sometimes you just can’t buy the dip because there isn’t any. It goes down and down… I believe most alts have the same potential of going to zero as terraluna. Most ICO era alts are not around anymore so be careful with your investments.

When you thought it's the lowest, but things can get worse than before, that was indeed what happened with Luna. At least V2 has brought back a bit of hope for Luna, but can't really tell whether it can bring back luna to its colorful days or not.

Just as you said, most alts has the same risks of being "dead" or something, no matter how good they are. If it's time, it's time.
I mean, it's already a huge risk buying the dip, but if only you can afford to lose your money, then go ahead, if you can't, then just wait for a better market condition to buy.

Mame89

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Quote from: ringgo96 on June 03, 2022, 02:49:45 AM

If I am in the position you will never be in the slightest to buy coins on a project that is not as potential as you have mentioned it, especially with the current state of the market we are very risky to choose a new project and losing 90% of our assets will definitely happen, then just look for other projects that are more potential for the future because the choice of good and potentially current projects is very much that we can invest in.

which of course, like ETH, BNB, BTC in my opinion are more efficient, bears come to attack altcoins, mostly lowering prices, which can reach 65% and below. the focus towards this coin is already potential at some point in the future, there is no need to doubt the movement of the coin. let's just watch in terms of the decline in a few months in cryptorank analysis

Wildwest

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Currently, there are very many coins that have lost their value even 90% more and their value has almost become zero, if you are already in the project then it is better to just hold on until the value increases again and let's just say that the coin you are holding is gone, because selling at a time of decline to 90% of course it is a very big loss, then stay afloat even though later we can't make sure the coin can increase again and never panic because of the circumstances like this we have often felt.

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Quote from: ringgo96 on June 03, 2022, 02:49:45 AM

If I am in the position you will never be in the slightest to buy coins on a project that is not as potential as you have mentioned it, especially with the current state of the market we are very risky to choose a new project and losing 90% of our assets will definitely happen, then just look for other projects that are more potential for the future because the choice of good and potentially current projects is very much that we can invest in.

That not everyone owns coins based on research but many novice traders invest in Fomo coins for instant profits, but in the end they have been stuck in high-loss risk investments, maybe in the future they should be careful before investing and ignore projects that lure instant profits.

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Quote from: Cuda911 on May 29, 2022, 11:20:46 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

Why these sets of coin? are you really planning to Buy those listed? or asking for what we will advise you?

maybe Theta is the only one that I know can be promising but of course it is your choice still mate .

but try investing also in coins that safest in which the top 10 listed coin in market cap.

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If I am in the position you will never be in the slightest to buy coins on a project that is not as potential as you have mentioned it, especially with the current state of the market we are very risky to choose a new project and losing 90% of our assets will definitely happen, then just look for other projects that are more potential for the future because the choice of good and potentially current projects is very much that we can invest in.

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Quote from: mindrust on June 02, 2022, 11:20:20 PM

Terra Luna went 99% down and when people thought it can’t go down anymore and bought in, it went down another 99%. If a project is on the verge of death, it can go down a lot. Sometimes you just can’t buy the dip because there isn’t any. It goes down and down

Everything is possible in crypto, Luna has proven high ATH rate and drastic drop in charts at CMC, so investors should be careful choosing coins and should learn from investing in Luna because all altcoins other than BTC then altcoins can fall drastically like Luna.

mindrust

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Terra Luna went 99% down and when people thought it can’t go down anymore and bought in, it went down another 99%. If a project is on the verge of death, it can go down a lot. Sometimes you just can’t buy the dip because there isn’t any. It goes down and down… I believe most alts have the same potential of going to zero as terraluna. Most ICO era alts are not around anymore so be careful with your investments.

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