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Topic: Cryptocurrency Huge Down from ATHs. what will happen the next ? - page 2. (Read 784 times)

hero member
Activity: 2660
Merit: 651
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Litecoin has very low growth compared to all out coins in the market . I have seen this for a long time . So I'm not motivated to invest in Litecoin but I occasionally buy Litecoin for a while to pay someone or to transfer my funds from one exchange to another because Litecoin transfers always have low gas fees.
Although Charlie have spoil the reputation of litecoin the year he make a public announcement about selling his hold but understand this, a coin not making a huge pump in price doesn't mean it is not good for an investment, and what is important is the altcoin's longevity. The last time Litecoin appear to be making steady price growth which is better than an overbought altcoin that will pump and dump hard.
legendary
Activity: 3164
Merit: 1175
Isn't it obvious that since we are in a bear market, all cryptocurrencies will see a sharp decline? Even worse things have happened previously. Perhaps the difference this time is that the decline happened more quickly than we anticipated. A few months ago, we were still anticipating a new ATH, but what actually occurred was that the crypto market was moving closer to the bear market era.

We had worse situations in the past, so I think this bear market is far from over, it's possible to see another decline. Like always we are waiting for halving, which is coming in less than 2 years and until then I don't expect any big breakthrough from these levels.

Snip
Yes I also agree that by last previous performance Lite Coin build a stage for a potential future. If we look at their chart, Litecoin has tried to stabilize their positions above fifty to between 60/65 in this bearish market as well. But I couldn't agree with that most of the top 10 coin will gone in 10years ,  In my opinion In my opinion no one can say that what will happen to the next 10 years. But it's true that Lite coin is good for short and long in both term

Litecoin is good, fast, and cheap to move around! I can't say I expect some miracle and incredible price rise, but Litecoin made some nice records in the past and there's a chance for some new ones in the future!
member
Activity: 546
Merit: 10
Isn't it obvious that since we are in a bear market, all cryptocurrencies will see a sharp decline? Even worse things have happened previously. Perhaps the difference this time is that the decline happened more quickly than we anticipated. A few months ago, we were still anticipating a new ATH, but what actually occurred was that the crypto market was moving closer to the bear market era.
legendary
Activity: 3178
Merit: 1128
Litecoin has very low growth compared to all out coins in the market . I have seen this for a long time . So I'm not motivated to invest in Litecoin but I occasionally buy Litecoin for a while to pay someone or to transfer my funds from one exchange to another because Litecoin transfers always have low gas fees.
I agree, people do not give Litecoin enough credit but in reality that is a much better coin with a lot better results in the long run. I would guess that in 10 years time most of the coins in the top 10-20 will be gone and Litecoin would still be around. Of course it is not as big as btc, eth, bnb right now but I have always put LTC as my fourth biggest coin of all time.

There last few years and the drops have made it go down the rankings, but I believe that it is not important to be high, it is important to stay high and many coins that people look at these days will not have anything going on in the near future whereas litecoin will still be around. I take a coin staying in top 30 for 10 years over any coin that stays there for 5 years and then drops.
legendary
Activity: 3038
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
#LTC -89.7%

 Grin

Altcoins managed to make a lot of people have money but they also managed to make a lot of people lose a lot of money, I'll give an example of litecoin:

LTC had its ATH at 413$ and the current price is at 62$, I ask:

does anyone really believe that one day the price of litecoin will go back to 413$?

being honest I do not believe that litecoin as well as many altcoins will reach ATH again, when it is said that investing in altcoins is something dangerous people need to listen, imagine who bought at 413$ and today sees 62$, this is a big loss
hero member
Activity: 1498
Merit: 502
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All the coins are really goes in reduction even quick mind cannot make guaranteed profit from minimum price. I think that there was precursor experienced mates who know much about the market volatility and those can overcome their losing levels. There is always sudden alteration and no one has such thing in mind so in this matter huge loss ensue.
full member
Activity: 1050
Merit: 140
Well, the usual suggestion we're having when the market is down. It's all about buying at the lowest and taking it as the opportunity that we might not see ever again...
All the coins indicated by OP can bring a very large profit in the long term, and given the current state of the market, it is necessary to start shopping already. Even if the decline continues, there will definitely be corrections that will allow you to sell and buy with a further decline.
Are you sure all of them? Maybe you missed look something. What about shiba inu and maybe xrp? Although xrp is much safer than shib since it wasn't really a meme coin, more if they win their case. The market seems going on the positive direction already so indeed it is necessary to shop our favorite coins now because this can be the last time to see them at this price point even though the best time for buying is already over.

It was last time when the price are still lower than what we have now. Correction is when the price falls by a certain percentage so it is not a good time to sell but it can be a good time to add more coins in our bags.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
#Bitcoin -65.8%
#Ethereum -74.9%
#BNB -67.8%
#Cardano -85.4%
#XRP -90.9%
#Solana -89.8%
#Polkadot -87.9%
#Dogecoin -92.6%
#WBTC -66.6%
#Tron -72.8%
#ShibaInu -91%
#Avax -89.6%
#FTX -70.4%
#CRO -87.7%
#LTC -89.7%
#Chain -24.9%
#Polygon -85.9%

Information posted my Watcher.Guru https://twitter.com/WatcherGuru/status/1536369486152060930?t=iEd5355q_Gl1MR8uNB-xKA&s=19

Cryptocurrency is now in a big crashing. And whole crypto marketcap now under $1Trillion. What will the next? and How long do you think it will take for the market to recover?
The next thing that can happen is the crypto market will bounce and will start to increase and I hope it will happen this month or next. We do not know how long the market will recover but we can wait for a while and prepare by buying any potential coins, especially buying bitcoin at a price now or before. Bitcoin will make a new ATH in the next bull market and the altcoin will follow behind bitcoin so we will go back to make a big profit like before. But before we see that moment, there will be many speculations from other people and you should be careful.
legendary
Activity: 2268
Merit: 1655
To the Moon
Well, the usual suggestion we're having when the market is down. It's all about buying at the lowest and taking it as the opportunity that we might not see ever again...

All the coins indicated by OP can bring a very large profit in the long term, and given the current state of the market, it is necessary to start shopping already. Even if the decline continues, there will definitely be corrections that will allow you to sell and buy with a further decline.
copper member
Activity: 2226
Merit: 536
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People who think we will be even more down are overreacting to a small drop. I get that we were already a bit down but that is how it usually happens, we go down big, then we go down a small amount and then we start to recover and that is where we are right now. I am sure that we are going to be over 20k in no time and even reach 23k quite soon as well in the next 7 days.

However, people see drops and they start to overreact to what we have, and that is a bit of a problem for me, I do not think that we should be considering the situation as easy or should be considering it as difficult, we should be simply considering it as high potential for the future.
That’s the basic nature of Bitcoins to be honest.
But people here are giving panic attacks to be honest by these eye catching phrase.
I mean it’s normal if the price of Bitcoins or other alts falls down. This doesn’t mean that Bitcoins are extinct from the world.
When there is a price drop, always be prepared for price pump also. This is the part of trading only. Ups and downs.
hero member
Activity: 2842
Merit: 578
Not just in crypto...everything is down worldwide. Even the economic status of other countries is getting worse every day and others are still not able to recover economically so cryptocurrency is also affected.
Those countries that are still not yet recovered with their economy are really facing the worst from this financial and world crisis. Inflation is getting higher and each country can't skip it.

For those with a positive outlook on crypto, this big down is a great opportunity to accumulate more bitcoins and other potential coins knowing that the market will not stay in a bear market although we never really know when the bull market.
Well, the usual suggestion we're having when the market is down. It's all about buying at the lowest and taking it as the opportunity that we might not see ever again.

Or if we're going to see it again, it will take time until we come back to this situation that we're having. Cheaper prices for the best cryptos in the market and some still don't like it.
hero member
Activity: 1694
Merit: 516

Despite that we all are hoping for a market recovery as soon as possible, I’m afraid that there’s no exact timetable for us to see that. Even the “BER” months won’t guarantee or promise us about the recover, as most of us are having a mindset about bull runs in the Q4 of every year. However, that is not always the case.


Right now is not the time to worry about ATH in my opinion. We are in a completely different world in 2022 than we were in back in 2021. Times have changed with the Russia Ukraine war, global economic downturn and rising inflation rates. Also many people don’t speak about it, but we are still fighting with covid. The virus keeps mutating and the vaccines are not effective anymore in stopping the spread. I keep hearing about people who are 4th vaccinated and still get infected with the new variants. That is why the Bitcoin and other crypto prices can't be at their ATH again with all that uncertainty in the world. What is happening next are we seeing right now, the bitcoin price is moving around the 20k USD barrier. It rises up a few weeks only to bounce back down again. Long term we will see another bull market and hopefully new ATH in the next year, but right now I think prices will remain pretty much constant with a high volatility in the market.
legendary
Activity: 2884
Merit: 1117
Leading Crypto Sports Betting & Casino Platform
People who think we will be even more down are overreacting to a small drop. I get that we were already a bit down but that is how it usually happens, we go down big, then we go down a small amount and then we start to recover and that is where we are right now. I am sure that we are going to be over 20k in no time and even reach 23k quite soon as well in the next 7 days.

However, people see drops and they start to overreact to what we have, and that is a bit of a problem for me, I do not think that we should be considering the situation as easy or should be considering it as difficult, we should be simply considering it as high potential for the future.
member
Activity: 1041
Merit: 25
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Not just in crypto...everything is down worldwide. Even the economic status of other countries is getting worse every day and others are still not able to recover economically so cryptocurrency is also affected. For those with a positive outlook on crypto, this big down is a great opportunity to accumulate more bitcoins and other potential coins knowing that the market will not stay in a bear market although we never really know when the bull market.
member
Activity: 546
Merit: 10
That is fairly straightforward whether we experience a recovery depends on whether individuals will hold onto their money and build greater wealth, or if they will panic sell. However, after observing the current market sentiment, we can make out part of it a couple more ups are somewhat providing us with a view of a potential comeback. We do not give up and lose hope, but rather, we maintain our optimism. We have dealt with this scenario before, therefore we can do it again with ease.
copper member
Activity: 770
Merit: 1
If you say huge down but i think all time down has not yet come.Next things will be all to me low. Crypto has been challenging assets for our society. It has given huge returns but now crypto has become a very controversial assets when everybody don't have any solution or criteria to help people who has invest in this projects. Any prediction about crypto making is just a joke very difficult to predict.
sr. member
Activity: 1638
Merit: 255
Its true that the market is at very cheap in worth and is declining more faster, the values of tokens are not everlasting they varied rapidly and no one can make a decision about the price in future. Today the price will be elevated but may be next time it become more minor. So everyone should make decision watchfully of selling a particular coin at such a lesser value of crypto industry. Almost all the coins become more decline as compared to their original values. But this will not be forever and will recover back very soon.
When talking about top coins such as Bitcoin, BNB, Ethereum, and other top coins, maybe we still have a fairly high belief that they will have an increase in the future, especially in the bull era. However, for tokens like you talked about, especially new tokens that will either survive or not, it will be a bigger risk if you want to hold. It could be that we will be very lucky because we keep the tokens until they are bullish so we meet a fairly high price spike. But on the other hand, the token price could be getting smaller, the volume getting lower, and eventually becoming dead coins. This will actually have a bad effect. That's why we need to watch out for when we want to invest, first understand our target, to determine what kind of coins or tokens are the most suitable.
There's no other way on which these prices would be going but only up or down and since we are currently on a dumping state or bearish market then it would be no surprise that recovery or change of trend will

really be happening on upcoming months or years to come but its totally unpredictable and this what makes things hard to predict on and the main challenge whenever you do touch up on this market.

We are down on huge percentage from ATH, yes its true but doesnt mean that it is already over.Despite on panicking then it would be wise on seeing these situations as an opportunity
rather than on being a threat or danger.

For people who are experienced and have good knowledge of the crypto world, consider it natural for cryptocurrencies to experience a deep decline
in bear market situations. What is happening now has happened before, so we don't really need to panic seeing the current situation. As you said
we don't have to worry about the crypto price dropping far enough from the ATH price, and should be able to look at it from the positive side.
Where this decline provides an opportunity for us to buy potential coins at low prices, because usually the potential coins can always recover
even though it has decreased quite deeply. In fact, I am very optimistic that some coins will reach new ATH when the bull market comes.
That is the importance of studying the crypto world properly from a trusted source, so that we understand how the crypto market works.
So we will not make the wrong decision when a bear market occurs like now, where all coins have experienced a very deep decline.
hero member
Activity: 2856
Merit: 655
Its true that the market is at very cheap in worth and is declining more faster, the values of tokens are not everlasting they varied rapidly and no one can make a decision about the price in future. Today the price will be elevated but may be next time it become more minor. So everyone should make decision watchfully of selling a particular coin at such a lesser value of crypto industry. Almost all the coins become more decline as compared to their original values. But this will not be forever and will recover back very soon.
When talking about top coins such as Bitcoin, BNB, Ethereum, and other top coins, maybe we still have a fairly high belief that they will have an increase in the future, especially in the bull era. However, for tokens like you talked about, especially new tokens that will either survive or not, it will be a bigger risk if you want to hold. It could be that we will be very lucky because we keep the tokens until they are bullish so we meet a fairly high price spike. But on the other hand, the token price could be getting smaller, the volume getting lower, and eventually becoming dead coins. This will actually have a bad effect. That's why we need to watch out for when we want to invest, first understand our target, to determine what kind of coins or tokens are the most suitable.
There's no other way on which these prices would be going but only up or down and since we are currently on a dumping state or bearish market then it would be no surprise that recovery or change of trend will

really be happening on upcoming months or years to come but its totally unpredictable and this what makes things hard to predict on and the main challenge whenever you do touch up on this market.

We are down on huge percentage from ATH, yes its true but doesnt mean that it is already over.Despite on panicking then it would be wise on seeing these situations as an opportunity
rather than on being a threat or danger.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
Its true that the market is at very cheap in worth and is declining more faster, the values of tokens are not everlasting they varied rapidly and no one can make a decision about the price in future. Today the price will be elevated but may be next time it become more minor. So everyone should make decision watchfully of selling a particular coin at such a lesser value of crypto industry. Almost all the coins become more decline as compared to their original values. But this will not be forever and will recover back very soon.
When talking about top coins such as Bitcoin, BNB, Ethereum, and other top coins, maybe we still have a fairly high belief that they will have an increase in the future, especially in the bull era. However, for tokens like you talked about, especially new tokens that will either survive or not, it will be a bigger risk if you want to hold. It could be that we will be very lucky because we keep the tokens until they are bullish so we meet a fairly high price spike. But on the other hand, the token price could be getting smaller, the volume getting lower, and eventually becoming dead coins. This will actually have a bad effect. That's why we need to watch out for when we want to invest, first understand our target, to determine what kind of coins or tokens are the most suitable.
hero member
Activity: 2548
Merit: 533
"CoinPoker.com"
Its true that the market is at very cheap in worth and is declining more faster, the values of tokens are not everlasting they varied rapidly and no one can make a decision about the price in future. Today the price will be elevated but may be next time it become more minor. So everyone should make decision watchfully of selling a particular coin at such a lesser value of crypto industry. Almost all the coins become more decline as compared to their original values. But this will not be forever and will recover back very soon.
Market price do really depends on the community demand which is also been affected with market sentiments which is also a factor that could really make out some effects which make price is
so unpredictable.We cant just able to see a market to have one path to take which is going up and there is indeed a time where it would really be going down.
This is why traders should really be versatile on whatever decisions they would be making basing up on the market condition.If we do go deep down from the ATH
then it would be an opportunity for us to go deep.
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