Downfall still possible? - page 10. | Bitcointalksearch.org

Rengga Jati

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Quote from: CryptoATM on June 30, 2022, 04:57:06 AM

Some very good coins out there have lost 95% of their value already is it possible to see more down fall? I'm throwing this to those that are present in last bear market, marketcap and volume is over millions of dollars and price is 95% down? Shocked

:I downfall still possible? For example Metahero.

Don't panic, mate. Do you know how much the Bitcoin price has been dropped from the previous ATH?
The market is in the bearish season right now. So, we are not expecting for rising price to pump. The market may change, the up and downmarket is now very fluctuating and normal. But in some few days later, there may was also another dropped price again. For, the bearish is still ongoing.

Btw, as long as you are holding good coins, not shit coins, you may be calmer, because we know that not all altcoins may survive during this market situation. Many are collapsed and being shit coins. But for somecertain coins, they may be able torise up again in the next bullsih season. And if you are a long term holder, just be calma dn don't panic witht is situation. Holding them tight is better right now.

Wildwest

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The current state of the market is indeed getting worse and the situation is indeed very worrying, so the price drop in the coin may drop to the lowest point and this will happen so of course, then for now never try to invest because the risks are very large and the losses we experience will definitely be painful then never force to buy any coin if you do not want to feel it.

Hypnosis00

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Quote from: bitcrystal on June 30, 2022, 06:20:05 PM

Hodling during bear is not advisable and also it depends on what you hold.

Then what do you mean selling is the best option?
Let's imagine people buying now and then later they will sell them?

Quote

If you are patient enough then holding coins like Bitcoin, ETH then you can be sure of recovery with profit maybe not so quick but eventually. The sad thing is that majority of them will drop and won't rise again. The chart currently is very scary. Be vigilant and watch how things unfold.

Holding is somewhat hard if you don't have the faith of doing this and do not have the trust in your investment. People become impatient as they are afraid of losing their money. As to even say you have Bitcoin, holding them is impossible if you are too emotional while seeing the price chart. That is why I won't suggest checking our portfolio daily as it sometimes disappoints us only.

Yamifoud

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Quote from: CryptoATM on June 30, 2022, 04:57:06 AM

Some very good coins out there have lost 95% of their value already is it possible to see more down fall? I'm throwing this to those that are present in last bear market, marketcap and volume is over millions of dollars and price is 95% down? Shocked

:I downfall still possible? For example Metahero.

It was indeed to have a downfall experience as this is a part of the crypto market cycle. Everything has been declining and dumping more, and only the projects that have a fundamental will stay while shitcoins believe to dump worse or may die. I'm afraid about this Metahero, I've never heard it honesty. I suggest you OP take a look at its performance and the capacity of the projects in order for you to assess if this really has a fortune or not. To remind you that it was too risky investing in shitcoins.

bitcrystal

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As long as its still bear, then all alts will suffer more. Hodling during bear is not advisable and also it depends on what you hold. If you are patient enough then holding coins like Bitcoin, ETH then you can be sure of recovery with profit maybe not so quick but eventually. The sad thing is that majority of them will drop and won't rise again. The chart currently is very scary. Be vigilant and watch how things unfold.

el kaka22

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There are a lot of shitcoins out there that could lose not only %95 but they could lose 99.9% of their value like Luna. It would be unlucky to hit something like that, I would guess that only 1-5% of the market will go to zero, most of them will either go down a lot or go down a little during bear market, but not to zero.

But, there is a possibility of a few of them going down like that. Considering there are tens of thousands of projects just on CMC and at least that much not listed on CMC that means if you see like a thousand tokens go down to zero, that's still under 10% easily. Those could go down, but if you are lucky then you will be holding one that didn't go to zero at all.

Jackl87

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Quote from: CryptoATM on June 30, 2022, 04:57:06 AM

Some very good coins out there have lost 95% of their value already is it possible to see more down fall? I'm throwing this to those that are present in last bear market, marketcap and volume is over millions of dollars and price is 95% down? Shocked

:I downfall still possible? For example Metahero.

I don't think that anyone can give you a clear answer on that because all we can do is just guessing. I personally think that there is definitely another downfall possible maybe even way more than that. I also think it is possible that we have not even seen half of the bear market that is still coming, but of course that is also just my personal feeling. The last few days have been pretty bloody already again. Bitcoin is below 19000 USD at the moment and Ethereum is just barely above 1000 $ per coin.
For me it is kinda unexpected that Bitcoin is losing just as much as most of the bigger altcoins. In bear markets in the past Bitcoin was more stable in such situations.

Hold-n-play

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Unfortunately nobody can tell you for sure. This is crypto and some big news may suddenly change the market over a few days although most likely we will hit another floor in July.

crzy

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Quote from: CryptoATM on June 30, 2022, 04:57:06 AM

Some very good coins out there have lost 95% of their value already is it possible to see more down fall? I'm throwing this to those that are present in last bear market, marketcap and volume is over millions of dollars and price is 95% down? Shocked

:I downfall still possible? For example Metahero.

The market is still unstable, Bitcoin is still correcting so I think another downfall are really possible to happen especially with the altcoins. It’s important right now to invest only on good coins so you can know that they can still have the chance to recover, it can be more safe as well. I do invest on top coins as of the moment, hoping that they can survive on this bear market because if they do, more profit will come to those who also bought at a cheaper price.

serjent05

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Quote from: CryptoATM on June 30, 2022, 04:57:06 AM

Some very good coins out there have lost 95% of their value already is it possible to see more down fall? I'm throwing this to those that are present in last bear market, marketcap and volume is over millions of dollars and price is 95% down? Shocked

:I downfall still possible? For example Metahero.

It is still possible for any project to lose value in this bear market especially if the project doesn't give any utility. For example, your Metahero continues to have a price fall, from -96% it is now almost -97%. Due to the market sentiment and poor tokenomics the result is really devastating in this bear market.

hyudien

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There is always a potential for it to fall, the price of Bitcoin becomes the reference for any altcoin. So instead of looking at the potential of an altcoin that has now lost 95% of its high price, it can go deeper and will give you a lot of options. but again when you choose an altcoin for a long period of time in this bear market, there is no guarantee that you will be able to go back and pass the high price.

GbitG

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We all know that it's a bear cycle where most of alts goes down too much from its ATH and the main factor through Wich all market goes down is Bitcoin. We know that alts depend on Bitcoin moment . So according to some crypto enthusiast that if Bitcoin didn't get support around 18k to 20k then it will get support around 12k so keep eye on market and ready for any kind of situation if downfall goes on.

posi

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If bitcoin continues to fall then we will see the rest of the coins fall further and they may not recover the same. The current situation is still very unstable, and we must be prepared to deal with anything bad that may come our way.

At this time I won't be choosing P2E or NFT projects, but I will instead choose the top coins. As a result, I believe that a lot of coins will disappear or will never recover after the bear market ends, so be careful in your choice.

kapalmabur

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Quote from: CryptoATM on June 30, 2022, 04:57:06 AM

Some very good coins out there have lost 95% of their value already is it possible to see more down fall? I'm throwing this to those that are present in last bear market, marketcap and volume is over millions of dollars and price is 95% down? Shocked

:I downfall still possible? For example Metahero.

The effects of bear season are DUMP and DUMP, we can't avoid it, no matter how good a project it is, you can't avoid it,
but calm down, if the project has good fundamentals it will definitely recover, you mention Metahero, yes, this token is good,
I saw social media they are always updating, and it's good to reassure investors and holders that they are not Be quiet in this bear season.

Teraboy

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Anything can go to the bottom if bitcoin was making it happen. No one from the crypto space can't prevent bitcoin to give a very big impact to the whole of cryptocurrency market. In my opinion it doesn't matter what kind of token or coin. All of crypto tied to the bitcoin.
down trend is always possible to come again. That's why anyone in the crypto should have prepared themselves for this situation. Im sure that bitcoin will be going even deeper soon.

Queenboss

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The market has experienced a substantial decrease, generally. This is visible in the million of dollars that left the coin market cap recently. The market is yet to regain the loss and there's still a likelihood of more reductions in the near future. I personally prefer avoiding investing in altcoin this period due to the shocks we've had in Luna and hold my crypto in stable coin.

usekevin

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With the current market,you are speaking about the Luna.Most of my co traders had lost huge amount of money in the LUNA.Because they had made their huge amount of investment in the LUNA.So it may be the reason for the same loss.LUNA was considered as the good potential coin,when the price of such coin reduced 99% was made huge traders down.

TheUltraElite

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Quote from: CryptoATM on June 30, 2022, 04:57:06 AM

Some very good coins out there have lost 95% of their value already is it possible to see more down fall? I'm throwing this to those that are present in last bear market, marketcap and volume is over millions of dollars and price is 95% down? Shocked

:I downfall still possible?

With the price of bitcoin going back to 19k and sliding even below, downfall is definitely possible - but this is a price and not a project's downfall.

Specifically giving statement is not possible because every project is unique and prices dont necessarily indicate the current development status of any project. For altcoins, if you have faith in a coin, do invest in it at the low price, but the faith in important.

For bitcoin I am expecting further crash and therefore my suggestion is to put a hold on the buying for sometime and observe the market for further movements. Day trading should be stopped by any newbie at this point.

5W-KILO

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Quote from: MR.SIR on June 30, 2022, 08:23:07 AM

it could happen, the current market situation is really very bad. bitcoin price has been getting weaker in recent times and has fallen -5% in the last 24 hours. regarding metahero maybe it will approach its lowest ATH price again like in july 2021. I have a bad feeling that metahero will touch the price of $0.005 this year

How is that a bad feeling? Metahero is a good project and the lesser price you can buy the token the better, 0.005$?? That's a dreamer's price, as for those saying Metahero is not like BNB and ETH well you are right, it was like when PYR was trading at 2$ years ago and went up to 40$ each, Bigger coins dont hold the key to massive gains and moreover, no risk no reward, OP DCA on Metahero if you believe in the project.

MR.SIR

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it could happen, the current market situation is really very bad. bitcoin price has been getting weaker in recent times and has fallen -5% in the last 24 hours. regarding metahero maybe it will approach its lowest ATH price again like in july 2021. I have a bad feeling that metahero will touch the price of $0.005 this year

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