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Topic: Downfall still possible? - page 6. (Read 1767 times)

sr. member
Activity: 1722
Merit: 252
November 13, 2022, 08:52:48 AM
Market still has the opportunity to downfall, many analysts believe that manipulation in many exchanges will open again so that it makes panic investors, and after happening with FTX in recent days many investors are withdrawing in top exchanges such as kucoin, binance and so on.
hero member
Activity: 602
Merit: 749
November 10, 2022, 01:43:55 AM
many predict that Bitcoin will drop in the price of $10k to $15k because the bitcoin price has already broken from its strong support of $17.7k,
so we have to be careful there might be another dump in the next few days,
moreover the current situation is also very hot between CZ and FTX and such a large SOL Unstake case will also lead to a deeper dump market, so be careful.

That'll be crazy seeing Bitcoin below $15k, CZ didn't pick the right time to destroy FTX, he should have waited until the market can resist any heat their confrontation brings. What is getting affected is the market and not the just the FTX exchange or their token FTT. Many speculators thought Binance will step in and assist FTX by buying the exchange but it seems CZ doesn't want to help the exchange and want use it as a lesson for whoever want to come after the Binance exchange.  The market is likely to fall more. We have just had a direct impact of the downfall of FTX on the market.
Now when other coins that are associated with the exchange starts to dump, we'll likely see the market reacting with more dump. I won't be quick to try buying the dip because nobody knows how low the market will go now that support has been broken
sr. member
Activity: 1372
Merit: 252
November 09, 2022, 03:41:11 PM
many predict that Bitcoin will drop in the price of $10k to $15k because the bitcoin price has already broken from its strong support of $17.7k,
so we have to be careful there might be another dump in the next few days,
moreover the current situation is also very hot between CZ and FTX and such a large SOL Unstake case will also lead to a deeper dump market, so be careful.
legendary
Activity: 3094
Merit: 1127
November 09, 2022, 03:11:36 PM
as Long as you can handle the dump , or i mean you can manage to keep holding , then yes Bitcoin is the perfect one in this kind of market as we are looking to what the act of Dogecoin recently , it is an obvious or best example of how Pump and Dump works in this market.
I do agree that it’s against his wishes, there is a "down" right now in the market. However, it’s still quite fine, I mean its above 16k which is all we can ask for, I am actually fine up until it’s over 16k, if it goes under 15k thats where I will be a bit upset, but I have a medicine for that.

I would buy some more, even get a loan if I have to, and buy some more at under 15k, and that will make me happier because I would be doing great DCA at that point. For the past year or so, my DCA is so amazing that I nearly reached 10k profits already, which means it is going to be amazing when the price increase, I am going to be quite rich, well not rich to many people but rich compared to my current life.
Even we are fine with it or not but still there's nothing we can do yet we cant really able to stop on whats happening specially now on the market is really going down hard.
We cant determine on  where it would be stopping and pretty sure that everyone is on panic now and that what makes the situations even more worst.This price isnt something that we are
hoping for but theer are lots of sayings and rumors about seeing this numbers but people cant really just believe but here we are now which we had dip down so much.
Lucky for those who had made out some short orders which making some good profits for that and its not bad to accumulate cheaper bitcoins as of this moment.
legendary
Activity: 2772
Merit: 1128
Leading Crypto Sports Betting & Casino Platform
November 09, 2022, 02:34:10 PM
as Long as you can handle the dump , or i mean you can manage to keep holding , then yes Bitcoin is the perfect one in this kind of market as we are looking to what the act of Dogecoin recently , it is an obvious or best example of how Pump and Dump works in this market.
I do agree that it’s against his wishes, there is a "down" right now in the market. However, it’s still quite fine, I mean its above 16k which is all we can ask for, I am actually fine up until it’s over 16k, if it goes under 15k thats where I will be a bit upset, but I have a medicine for that.

I would buy some more, even get a loan if I have to, and buy some more at under 15k, and that will make me happier because I would be doing great DCA at that point. For the past year or so, my DCA is so amazing that I nearly reached 10k profits already, which means it is going to be amazing when the price increase, I am going to be quite rich, well not rich to many people but rich compared to my current life.
sr. member
Activity: 2772
Merit: 357
Eloncoin.org - Mars, here we come!
November 08, 2022, 02:05:26 AM
#99
The market is unpredictable so more downfall is possible and I advised you to make your proper analysis before investing of buying at dip. Don't be surprised we could face more dip anytime soon, the market just gain a little momentum few day again and this could likely be a bear trap.
There are some good projects that has a solid team that could sustained the market without losing any parentage.
If you've been closely in the market for the past several years, you'll always have it on your mind that the market can have that downfall at most times.

No matter how good your analysis are, they're always going to be unpredictable and the coins that you're holding, if they're random then see to it that you'll see them unexpectedly move out of your sight.

Honestly, analytics in cryptocurrencies doesn't work when the coins are just pumped and dumped, manipulated by underground forces. Best during this bear season to lie down and just focus on bitcoin, other coins are not worth the investment and analysis will not work for you. Don't be naive anymore.
as Long as you can handle the dump , or i mean you can manage to keep holding , then yes Bitcoin is the perfect one in this kind of market as we are looking to what the act of Dogecoin recently , it is an obvious or best example of how Pump and Dump works in this market.

so best to set aside BS coin and only rely in the functional one.

Ethereum and Ripple is much better option together with Binance coin.

I hope there will be no more downfalls, the market has started to improve and there is also a lot of good news about the blockchain world, one of which is news about solana and google.

here is the answer mate and I think opposite from your wishes .

https://coinmarketcap.com/
member
Activity: 1708
Merit: 13
KUWA.ai
November 07, 2022, 12:41:53 PM
#98

I hope there will be no more downfalls, the market has started to improve and there is also a lot of good news about the blockchain world, one of which is news about solana and google.
legendary
Activity: 2982
Merit: 1028
November 05, 2022, 12:04:15 PM
#97
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.
Yeah even now in November it is hard telling if we will still have more dips this month despite price surging for new highs. News can change the direction of the market and cause a rapid sharp turn in price movements. Bitcoin in July had best crypto month for 2022 the month ended with a 17% surge closing at $23,000 despite been a very volatile month. November is looking bullish with new short highs but it can reverse by the middle of the month.


The possibilities are still there as we can't really tell whether this good market run can be sustained,

or it's just another artificial pump to allure investors to throw their money inside the market and, afterwards, we will see another massive dump and pull the market again. It's tough to call that the bear is already on its way to leave and the bull is starting to enter. Anything can still happen. It's needed to be ready for whatever the direction will proceed.
sr. member
Activity: 1036
Merit: 311
November 05, 2022, 10:41:38 AM
#96
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.
Yeah even now in November it is hard telling if we will still have more dips this month despite price surging for new highs. News can change the direction of the market and cause a rapid sharp turn in price movements. Bitcoin in July had best crypto month for 2022 the month ended with a 17% surge closing at $23,000 despite been a very volatile month. November is looking bullish with new short highs but it can reverse by the middle of the month.
hero member
Activity: 2772
Merit: 576
November 05, 2022, 04:12:49 AM
#95
If you've been closely in the market for the past several years, you'll always have it on your mind that the market can have that downfall at most times.

This made me remembered 2017/18 bear market were many projects sink down and never succeed again, most at times whenever I tried picturing what happened it made have to apply extra carefulness because anything is possible in crypto market.
That year won't be forgotten. It's like the gold rush during that time because of the ICOs and then there's the sudden crash that many have said it's the bubble that has bursted for the crypto market.

Lessons have been learned since that although there have been other years in the past that the same thing has happened. Although that was a remarkable year and many knew about it even the no coiner folks.

Just take a look at today what is going over the last few days we have seen lots of coin gaining lot of percentage in the market and I believe if care is not taken it might like be a bear traps.
Just always think of it that it's possible there's the trap for everybody.
sr. member
Activity: 1316
Merit: 379
#SWGT PRE-SALE IS LIVE
November 05, 2022, 03:04:38 AM
#94
If you've been closely in the market for the past several years, you'll always have it on your mind that the market can have that downfall at most times.

This made me remembered 2017/18 bear market were many projects sink down and never succeed again, most at times whenever I tried picturing what happened it made have to apply extra carefulness because anything is possible in crypto market. Just take a look at today what is going over the last few days we have seen lots of coin gaining lot of percentage in the market and I believe if care is not taken it might like be a bear traps.
hero member
Activity: 2772
Merit: 576
November 04, 2022, 06:46:42 PM
#93
The market is unpredictable so more downfall is possible and I advised you to make your proper analysis before investing of buying at dip. Don't be surprised we could face more dip anytime soon, the market just gain a little momentum few day again and this could likely be a bear trap.
There are some good projects that has a solid team that could sustained the market without losing any parentage.
If you've been closely in the market for the past several years, you'll always have it on your mind that the market can have that downfall at most times.

No matter how good your analysis are, they're always going to be unpredictable and the coins that you're holding, if they're random then see to it that you'll see them unexpectedly move out of your sight.

Honestly, analytics in cryptocurrencies doesn't work when the coins are just pumped and dumped, manipulated by underground forces. Best during this bear season to lie down and just focus on bitcoin, other coins are not worth the investment and analysis will not work for you. Don't be naive anymore.
It still does work if you're going to take a look at its background. That will give you an idea that it's just a pump and dump token and is barely going to be alive again.

As for that strategy to get into bitcoin, we've been telling that to the many and how many are listening? They are having that thought of riding the pump of the next altcoin that might grow as the others in the past.

And that's why they're willing to bet on it because that's their thinking and they don't look at the opportunity that bitcoin is setting.
hero member
Activity: 1946
Merit: 575
November 04, 2022, 05:24:21 PM
#92
I highly doubt it, it doesn't look like it would be that much of a possibility. I am not saying that there won't be any drop at all, there could be some drop but it wouldn't be like a "downfall" levels of it. In the very distant future when we break over the ATH price then we are going to end up with some sort of downfall again, but up until that moment we are going to be small downs and big ups until we break over the ATH and reach to a great price. This will take a while, its not going to be tomorrow but if you could wait for it to happen then you shall be rewarded for your patience and you will make a big profit.
hero member
Activity: 2772
Merit: 576
November 04, 2022, 05:05:26 PM
#91
The market is unpredictable so more downfall is possible and I advised you to make your proper analysis before investing of buying at dip. Don't be surprised we could face more dip anytime soon, the market just gain a little momentum few day again and this could likely be a bear trap.
There are some good projects that has a solid team that could sustained the market without losing any parentage.
If you've been closely in the market for the past several years, you'll always have it on your mind that the market can have that downfall at most times.

No matter how good your analysis are, they're always going to be unpredictable and the coins that you're holding, if they're random then see to it that you'll see them unexpectedly move out of your sight.
sr. member
Activity: 1316
Merit: 379
#SWGT PRE-SALE IS LIVE
November 04, 2022, 02:05:20 PM
#90
The market is unpredictable so more downfall is possible and I advised you to make your proper analysis before investing of buying at dip. Don't be surprised we could face more dip anytime soon, the market just gain a little momentum few day again and this could likely be a bear trap.
There are some good projects that has a solid team that could sustained the market without losing any parentage.
legendary
Activity: 2982
Merit: 1028
November 02, 2022, 07:51:58 AM
#89
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.

Unfortunately it's possible for any altcoin like what you have mentioned. There are no guarantees or astronomical guaranteed returns for any cryptocurrency (except stablecoins unless de-pegged like Terra Luna's UST) that are subject to market volatility. It can go up or down anytime without warning, because it is unpredictable.

Even if you are so good in technical analysis, reading charts, predictions or so, the only master is the market itself and has the final say in the end.

Good point, the market decides the direction he wanted to proceed, even you understand well how the charts works
but there are influences that affect the market movement that you can't read from the chart.

More on your own adjustments and how will you take your chances in each project
that you'll going to support. Make a good use of your personal experienced and keeps
your eagerness to learn more for better predictions of the possible market run.
sr. member
Activity: 2772
Merit: 357
Eloncoin.org - Mars, here we come!
November 02, 2022, 06:20:24 AM
#88
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.
your example shows that you are believers of shitcoins .


best  to take this advantage , buy while the market is cheap and try to accumulate as much as you can so in time of growth all you hjave to do is harvest your profit.

Downfall may happen but never focus on that because there might be some good things to come specially now that year is in near end.
sr. member
Activity: 2450
Merit: 329
November 02, 2022, 02:20:10 AM
#87
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.
Unfortunately it's possible for any altcoin like what you have mentioned. There are no guarantees or astronomical guaranteed returns for any cryptocurrency (except stablecoins unless de-pegged like Terra Luna's UST) that are subject to market volatility. It can go up or down anytime without warning, because it is unpredictable.

Even if you are so good in technical analysis, reading charts, predictions or so, the only master is the market itself and has the final say in the end.
I think what he was saying is too volatile. 95% or more drop for a very good coin is impossible. There are cryptos who dropped like that but they aren't consider as a very good coin, rather they are a shitcoin or a pump and dump coin. Very good coins like btc and eth can give us a guaranteed return as long as we hodl them for a long time.

We can stake stable coins to earn stable rewards but I think the reward that you will get for a long time of staking is only small. This is why many have questioned it and are making fun out of it. Analysing and reading charts are not enough but you also need to watch the news more often or watch the update of the coin you are following so that you will be aware if it's collapsing or not.
hero member
Activity: 2254
Merit: 658
Revolutionized copy gaming platform
October 28, 2022, 05:48:33 PM
#86
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.

Unfortunately it's possible for any altcoin like what you have mentioned. There are no guarantees or astronomical guaranteed returns for any cryptocurrency (except stablecoins unless de-pegged like Terra Luna's UST) that are subject to market volatility. It can go up or down anytime without warning, because it is unpredictable.

Even if you are so good in technical analysis, reading charts, predictions or so, the only master is the market itself and has the final say in the end.
hero member
Activity: 3024
Merit: 647
October 28, 2022, 05:40:59 PM
#85
Yeah but people must aware despite the fact that if bitcoin is still doing sideway and downfall can come anytime just like when bitcoin was dropping below 19k. People must not feel scared for that but newbies will be continue to panic sell their tokens.
It can be seen from how many coins got negative result once bitcoin was only dropping around 1 percents which doesn't even make sense to see that.

Because many people don't understand how the market works. The big players never buy at the top of the market or during the ATH, but instead lock in profits. Newcomers do the opposite. Big players always buy during panic sales and actively use a hoarding strategy. Beginners do the opposite, they maximize their selling during sell-offs and buy nothing. This psychology works in all financial markets.
That’s probably the main reason why people leave suddenly from the market with a heavy heart due to big losses. Since they don’t understand the market well, then they also mistakenly invest in projects that are never reputable at all and have never proven their significance over a period of time. While good projects continue to surge high and create good prices, these weak projects will always bound to fall. Although some good projects have chances to fall in the future too, but most likely it’s the unreliable and weak projects that do not survive for long.
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