Downfall still possible? - page 7. | Bitcointalksearch.org

RealMalatesta

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Quote from: Kemarit on October 25, 2022, 11:24:15 PM

Quote from: Luffygroove on October 25, 2022, 06:38:19 PM

Now, it's not just about the basics; it's also about how the developer teams will strategize their way through the winter. In response to your inquiry, this line of reasoning leads me to believe that there is, indeed, the potential for a further decline. At the moment, the majority of tokens and coins, including bitcoin, are moving in a somewhat stagnant manner, with little to no meaningful movement. People are currently waiting for the next movement to occur before they can forward with their plans.

I'm not really sure what you meant, I mean they should developed, the strategy part is with the CEO or any other management team behind the project. And I think that's one downfall of any project because everything was rolled into one for the developer, they become the programmer, the marketing arm and every, that's why the project failed in the beginner.

And as investors, we should prepare for the worst specially in this bear market.

There is definitely some problem with teams who try to do everything themselves. If you are looking for a good project, it needs to have 1 thing that is clear, which is funding. If they have proper funding way before they start, and then they end up hiring people, and not just one person, I mean people as in group of people for each position they need, then they will become better. Having 3-4 developers, 2-3 designers and then 5 people for all else (marketing and community and social media etc) means that they are actually working on it.

However, most projects are one man operations, or 2-3 people at most, all of which try to build it from their skillset and be partners together, instead of hiring people who would be actually capable of doing something.

JoyMarsha

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There is this breath of air crypto is experiencing now. Don't know whether it will last or not. Bitcoin is about to shoot herself above $20k. If bitcoin succeeds to break the resistance of $20k, then expect an upwards movement in altcoin price. If it doesn't, expect more downgrade of the altcoin price till next year. All altcoin depends on bitcoin for survivors. None survives when the price of bitcoin is down

Wakate

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Quote from: CryptoATM on June 30, 2022, 03:57:06 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 really know the next move of Bitcoin but I think many of those projects that had lost a great percent of their value may not be able to move well again because many traders would have sold their holdings and move to other coins. The crypto make is moving and revolving not on a single project but different ones that are emanating from various angles of the crypto market. We need to keep buying and relax because the dip will not remain like that for long. Price is going up gradually and we just relax and keep holding for a better tomorrow.

Finestream

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Quote from: blockman on October 25, 2022, 06:56:17 PM

Quote from: Luffygroove on October 25, 2022, 06:38:19 PM

At the moment, the majority of tokens and coins, including bitcoin, are moving in a somewhat stagnant manner, with little to no meaningful movement. People are currently waiting for the next movement to occur before they can forward with their plans.

And there's the most recent news again for bitcoin because it goes to $20k again. But I know that it won't be long that it'll start to get back again to $19k eventually.
This shows that there's some reasons for this pump and eventually when those prepared sell orders have been filled, we're going to see a pullback from the support of it.
And that's very likely to happen so, many are already happy with these slight increase but it's going to be temporary and will definitely come after with a decline.

I think this is not new to us as bitcoin always create a price decline or move sideways every time it hits a new peak price. So weak hands will probably panicking again and start selling their coins to avoid future losses. However, for strong hands this is even an opportunity to think so that they can start buying again for long term hodling. The good thing about bitcoin is, no matter how deep its price falls, it will always recover again and surge high once again.

Oilacris

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Quote from: Vaculin on October 26, 2022, 02:59:38 PM

Quote from: wheelz1200 on July 02, 2022, 10:04:32 AM

Quote from: CryptoATM on June 30, 2022, 03:57:06 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.

Easily. Most of these coins will literally stop trading and go to zero. They were literally made to just make profits for people and aren't needed in the market. People will just move on. Big drops still incoming.

I guess no matter how good a coin is, it’s downfall will always be possible. Just like the Terra Luna scenario. Who would expect that this well developed coin will only end up being dead and undervalued, so everything is at risk and is very uncertain in this crypto market. Even in bitcoin too, it’s future is still uncertain but we know with proven achievements and from the trace of its history, bitcoin’s performance is exceptional and will never fail us in the end.

For Bitcoin then it would be somewhat on exception yet we could really see its potential plus it wont be sitting on top of the overall market if it was a shit project that we are talking into.

For some altcoins then it would be really just good as alternative which is literally speaking and an option for someone to take whether they would really be taking up some risk

on putting up investment or not.Downfall is always been possible and we cant call it a market on the first place if these trends doesnt exist.
Nothing is assured which same as you said even on Bitcoin doesnt guarantee but we arent blind on not to see on which one does have the potential.

Vaculin

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Winding down.

Quote from: wheelz1200 on July 02, 2022, 10:04:32 AM

Quote from: CryptoATM on June 30, 2022, 03:57:06 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.

Easily. Most of these coins will literally stop trading and go to zero. They were literally made to just make profits for people and aren't needed in the market. People will just move on. Big drops still incoming.

I guess no matter how good a coin is, it’s downfall will always be possible. Just like the Terra Luna scenario. Who would expect that this well developed coin will only end up being dead and undervalued, so everything is at risk and is very uncertain in this crypto market. Even in bitcoin too, it’s future is still uncertain but we know with proven achievements and from the trace of its history, bitcoin’s performance is exceptional and will never fail us in the end.

sulendra12

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Quote from: CryptoATM on June 30, 2022, 03:57:06 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.

Most of the coins that were going down for 95% are just some shit coins from shitty teams that doesn't care with the projects at all and currently you can see that in almost everywhere in this both forum and coinmarektcap and it's not a secret anymore.

The only thing that is still going strong is the one that in top 10 of coinmarketcap because that is what people cares about to make money.

kamvreto

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MAaaN...!! CUT THAT STUPID SHIT

Quote from: zasad@ on October 26, 2022, 02:01:13 PM

So far, it has not been a mistake to buy ecosystem projects whose price has fallen below 75-80%. This will not be the best price to buy, but over a period of 3-5 years you will get a good profit. And if you try to guess the price in the short term, then in the long run you will receive losses.

Ecosystem projects are intended for the long term because the project will continue to develop and it will take time to continue to perfect it. It is not easy to build an ecosystem that is good and useful for everyone. 3-5 years may still be a relatively fast time. Long-term investment in a good project will certainly provide a commensurate return.

zasad@

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So far, it has not been a mistake to buy ecosystem projects whose price has fallen below 75-80%. This will not be the best price to buy, but over a period of 3-5 years you will get a good profit. And if you try to guess the price in the short term, then in the long run you will receive losses.

iv4n

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Quote from: Luffygroove on October 25, 2022, 06:38:19 PM

It's a good time to clean house. It's almost as though the rules of the jungle are being followed here. Whoever is tough enough to stay standing is the winner. Now, it's not just about the basics; it's also about how the developer teams will strategize their way through the winter. In response to your inquiry, this line of reasoning leads me to believe that there is, indeed, the potential for a further decline. At the moment, the majority of tokens and coins, including bitcoin, are moving in a somewhat stagnant manner, with little to no meaningful movement. People are currently waiting for the next movement to occur before they can forward with their plans.

I agree with you now is the best time to clear the market of garbage projects.Now, if the market remains at the same values, then in this case, after the winter, we will not count many projects, which is for the best.

Well, some projects will definitely disappear from the radar, but at the same time, many new ones are coming! So the crypto market will never be clean, there will always be scam projects, pump & dump schemes, and all other projects created only for one purpose and that is to make a quick profit for the creators!

Let's not forget that this "moving in a stagnant manner" is still very good for most of the coins, this price now is a lot better than the one from 5 (and more) years ago at the same time. Even with the further downfall (which will happen in my opinion as well) of 10-20% of the current price (we are speaking about some top coins) is still a great bottom for something that is coming in a few years!

yazher

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Quote from: strunberg on October 21, 2022, 05:26:07 PM

maybe they forget about investing purpose in crypto market, i see alot people still hope instan profit by buying some coins and prefee to forget about pains thay maybe happen in market. Buy on high and sell in low still happen to beginer investor , they didnt patience to face current condition. Alot shitcoins finally found in this bearish trend, they could not recovery price even market going better.

What they need to do when they invest in this kind of scenario in the crypto market is to prevent themselves from getting involve in investing in some random new coins because this is not recommended at all. They may see the price is rising at a surprising rate, but this is only temporary. Rather the right thing to do is to consider buying some top coins when their price is affordable and hold them for long.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: strunberg on October 22, 2022, 05:18:52 PM

they know how to earn profits by make beginers investors affraid about their investment. Regularly share about fud which is very effective to make them sell coins cheaply. If we have experience like whales, i am believe eventhough in bearish marker we will make money. Alot good projects in low price meanwhile they still developt their projects well.

You mean to say that many underdogs are present in the market which are going to be big in the future. This is a gross mistake when it comes to crypto currency. The reason behind this comes from experience, which has shown that crypto projects unlike mainstream projects can never be a continuously profiting one unless it actually solves a problem.

Most altcoins do not and they are all created for that one hit wonder to fool investors and make the owners rich. Hence don't go into this delusion but remain practical, stay away from such coins or you will face the long duration of frustration when the asset keeps spiralling down.

Kemarit

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Quote from: Luffygroove on October 25, 2022, 06:38:19 PM

It's a good time to clean house. It's almost as though the rules of the jungle are being followed here. Whoever is tough enough to stay standing is the winner.

Survival of the fittest isn't it?

Quote from: Luffygroove on October 25, 2022, 06:38:19 PM

Now, it's not just about the basics; it's also about how the developer teams will strategize their way through the winter. In response to your inquiry, this line of reasoning leads me to believe that there is, indeed, the potential for a further decline. At the moment, the majority of tokens and coins, including bitcoin, are moving in a somewhat stagnant manner, with little to no meaningful movement. People are currently waiting for the next movement to occur before they can forward with their plans.

I'm not really sure what you meant, I mean they should developed, the strategy part is with the CEO or any other management team behind the project. And I think that's one downfall of any project because everything was rolled into one for the developer, they become the programmer, the marketing arm and every, that's why the project failed in the beginner.

And as investors, we should prepare for the worst specially in this bear market.

blockman

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Quote from: Luffygroove on October 25, 2022, 06:38:19 PM

At the moment, the majority of tokens and coins, including bitcoin, are moving in a somewhat stagnant manner, with little to no meaningful movement. People are currently waiting for the next movement to occur before they can forward with their plans.

And there's the most recent news again for bitcoin because it goes to $20k again. But I know that it won't be long that it'll start to get back again to $19k eventually.
This shows that there's some reasons for this pump and eventually when those prepared sell orders have been filled, we're going to see a pullback from the support of it.
And that's very likely to happen so, many are already happy with these slight increase but it's going to be temporary and will definitely come after with a decline.

Luffygroove

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It's a good time to clean house. It's almost as though the rules of the jungle are being followed here. Whoever is tough enough to stay standing is the winner. Now, it's not just about the basics; it's also about how the developer teams will strategize their way through the winter. In response to your inquiry, this line of reasoning leads me to believe that there is, indeed, the potential for a further decline. At the moment, the majority of tokens and coins, including bitcoin, are moving in a somewhat stagnant manner, with little to no meaningful movement. People are currently waiting for the next movement to occur before they can forward with their plans.

strunberg

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Quote from: Xal0lex on October 22, 2022, 04:46:52 PM

Quote from: JeffBrad12 on October 21, 2022, 05:43:26 PM

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.

they know how to earn profits by make beginers investors affraid about their investment. Regularly share about fud which is very effective to make them sell coins cheaply. If we have experience like whales, i am believe eventhough in bearish marker we will make money. Alot good projects in low price meanwhile they still developt their projects well.

Xal0lex

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Quote from: JeffBrad12 on October 21, 2022, 05:43:26 PM

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.

JeffBrad12

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Quote from: samuraijin on October 21, 2022, 02:22:03 PM

Quote from: ?? on ??

Nothing is impossible, Looking at the market and global conditions So it seems that further decline may come and if this happens, surely the rest of the coins will also fall, so all eyes are now on the next Fed meeting to see what happens.

Btcoin goes dip again for the several times without even recover to the 20k sub, I meant we are the worst situation right now where everything become stable or even going down without any bottom. The fed was also triggering another dump for stock market and crypto.
This gonna be avery difficult year for crypto. The next year maybe even more difficult for us. Prepare yourself.

The decline we are feeling at the moment. not how much and not so bad, other Bitcoin/Cryptos are still in stability at each of their respective prices, the impact of the crisis that we are feeling right now is also affected in all Crypto trades, Whether this is good news or bad seeing the decline in crypto prices throughout By the way, this decline can't be blamed on anyone, because I realize that you also know the current conditions in the world where the crisis has begun, even the impact of Crypto growth has been affected by all Crypto currencies being chaotic, we won't know in the coming year whether it will become more severe or vice versa, at least we can remind each other to the community or other Crypto users, to continue to prepare ourselves stronger in facing the ongoing crisis..

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.

strunberg

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Quote from: Xal0lex on October 21, 2022, 04:16:47 PM

Quote from: GowithMi_GMAT on July 03, 2022, 06:05:28 PM

When the Bitcoin market fell, altcoins experienced a very deep fall, which was very natural, because actually Altcoins always follow Bitcoin developments, so some of the altcoin assets that we hold will get a very large decline in value, so if we get something like that then the thing we to do is continue to monitor developments that occur in the token project whether the team and developers are still optimistic and continue to improve the quality of their products so that when the token rate is below we can buy it back to add to our portfolio.

It's a reasonable decision. Only most people do the opposite for some reason: they sell when the price falls lower and lower. Heavenly conditions for coin buyers who buy back all this panic sale. Although you can't ignore the fact that not all coins need to be bought back even if they've lost 99% of their value, because during a bear market many coins never rise again, but simply go to the dustbin of history. The same goes for most NFT pictures, which appear on the market with enviable regularity.

maybe they forget about investing purpose in crypto market, i see alot people still hope instan profit by buying some coins and prefee to forget about pains thay maybe happen in market. Buy on high and sell in low still happen to beginer investor , they didnt patience to face current condition. Alot shitcoins finally found in this bearish trend, they could not recovery price even market going better.

Xal0lex

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Quote from: GowithMi_GMAT on July 03, 2022, 06:05:28 PM

When the Bitcoin market fell, altcoins experienced a very deep fall, which was very natural, because actually Altcoins always follow Bitcoin developments, so some of the altcoin assets that we hold will get a very large decline in value, so if we get something like that then the thing we to do is continue to monitor developments that occur in the token project whether the team and developers are still optimistic and continue to improve the quality of their products so that when the token rate is below we can buy it back to add to our portfolio.

It's a reasonable decision. Only most people do the opposite for some reason: they sell when the price falls lower and lower. Heavenly conditions for coin buyers who buy back all this panic sale. Although you can't ignore the fact that not all coins need to be bought back even if they've lost 99% of their value, because during a bear market many coins never rise again, but simply go to the dustbin of history. The same goes for most NFT pictures, which appear on the market with enviable regularity.

Topic: Downfall still possible? - page 7. (Read 1811 times)