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Topic: Downfall still possible? - page 8. (Read 1811 times)

sr. member
Activity: 1722
Merit: 261
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October 21, 2022, 02:22:03 PM
#64
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..
member
Activity: 546
Merit: 78
October 21, 2022, 01:20:34 PM
#63
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.
According to the way the situation is going, the coming year can prove to be the worst. Congress is going to give another $50 billion in aid to Ukraine, and Russia will not be silent on this Of course, there will be a reaction that will prove worse for the global situation. The West is currently going through the worst kind of crisis which does not seem to be resolved quickly, In that case, you are right.
sr. member
Activity: 2352
Merit: 245
October 20, 2022, 02:09:31 PM
#62
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.
Many previously believed that when the global economy would fall and inflation would grow rapidly, then people, fleeing from inflation, would invest in cryptocurrencies. States are now experiencing a major crisis, and inflation is simply going through the roof. But, unfortunately, so far we do not see an increase in demand for cryptocurrency and an improvement in the situation in this market. The further forecast for GDP growth continues to deteriorate, people are getting poorer and losing purchasing power. Therefore, it seems that prices in the cryptocurrency market will also continue to fall.
hero member
Activity: 1344
Merit: 565
October 20, 2022, 01:22:34 PM
#61
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.
This is the general market trend now, all cryptocurrencies are bleeding and have lost about -80% or more from their last ATH price so most likely the market might still fall some more but if you really want to invest now, I would most likely invest in Bitcoin, Ethereum, and BNB as I believe these would be or can survive any low the market might go but I might want to still monitor the market trend before investing especially in other Alts.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
October 19, 2022, 04:39:35 PM
#60
Some very good coins out there have lost 95% of their value already is it possible to see more down fall?

Luna has been a case study when referencing altcoins that resulted in bad investments for some investors. It was a good coin for its investors before its massive fall. Despite that, I only encourage individuals with true enthusiasm for crypto to invest in Bitcoin. Lots of altcoins don't seem to survive the test of time. Looking at when you created this post till today, lots of altcoins have dropped investor funds nearly to nothing.
member
Activity: 83
Merit: 11
July 03, 2022, 06:05:28 PM
#59
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.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
July 03, 2022, 05:37:55 PM
#58
I guess it doesn't matter if an altcoin already down 95% it could definitely go down even further if the down trend still going. The current circumstance of the market trend is still unclear, so basically even if you want to accumulate for your investment
you should just choose the great quality project.
Instead I think some of the NFTs project could hardly regain its value if bullish hasn't yet to come because they are heavily dependent in the bullish trend.
sr. member
Activity: 1610
Merit: 264
July 03, 2022, 04:41:53 PM
#57
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What can we say? It is just those coins that take advantage of the bullish market and I am not sure why would people really want to hold these coins thinking that the 10x or 20x are even something worth holding for and after that, they would go -tive during the bearish season.
I imagine that many projects already died at this time and people are still holding into them.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
July 03, 2022, 04:36:32 PM
#56
This is how bearish market happening. We cannot deny that mostly our portfolio assets dropped very drastically more than -70%
We cannot do many things if we are holders, just hold our coins. If we are traders, just continue our trading activties by utilizing the up and down market every time. But, we don't need to panic because panic will only make you lost.
Nothing to panic, just be calm because I believe that the market will be on cycle and rise up again heading to bullish later.
legendary
Activity: 3010
Merit: 1280
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July 03, 2022, 04:07:35 PM
#55
If you see Metahero has fallen more than 95% of the ATH that has been obtained by the token, but Metahero is listing during a bull market so the price continues to increase so the price may fall deeper if Bitcoin continues to decline, but I'm still optimistic this token can still survive even though the bear market continues because the trading volume on Pancake swaps is still relatively high in the last 24 hours.

I think Metahero will continue to dump.  One of the possibilities is the unsustainable reward system.  Just like what happened in Axie, they produced too much SLP and now they don't know how to get a fund to support the ever-increasing supply of SLP.  Aside from that lots of investors just had enough so they moved away from the project resulting in more dumping of the token price.   I think the same thing will happen to any NFT or altcoin that has an unsustainable reward system.  Worst, the current bear market won't help but rather adds up to the load that will continue to dump the price of the project token.  Many will survive but the question is whether this dump altcoin will recover its previous value
member
Activity: 142
Merit: 48
July 03, 2022, 02:48:46 PM
#54
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.

Of course they can. They might even lose 99% of their value. If bitcoin continues to fall now, then altcoins will rush after it, only even harder, but it might be a good time for ivnesting. As you know, new or relatively new projects don't have enough support, so they can fall, roughly speaking, almost indefinitely. But that does not mean that they will not grow back, especially if the projects have not yet unlocked potential and strong support from various funds or large venture capitalists.

Yes, agreed and moreover, when BTC falls 3 - 5%, most altcoins drop much more. We will likely see another btc dip sometime in July.
staff
Activity: 2436
Merit: 2347
July 03, 2022, 08:48:42 AM
#53
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.

Of course they can. They might even lose 99% of their value. If bitcoin continues to fall now, then altcoins will rush after it, only even harder, but it might be a good time for ivnesting. As you know, new or relatively new projects don't have enough support, so they can fall, roughly speaking, almost indefinitely. But that does not mean that they will not grow back, especially if the projects have not yet unlocked potential and strong support from various funds or large venture capitalists.
hero member
Activity: 2114
Merit: 619
July 02, 2022, 03:48:38 PM
#52
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.
Yes it is still possible, if i compare the current situation with the last bear run i feel that the alts can still bleed alot from this point as many of them had actually gone 100x initially so now in the bear run they will definitely get screwed a lot. But this will just act as a launchpad for the next bull run as once again they will try to go to 200% during the next bull run for sure.
member
Activity: 546
Merit: 78
July 02, 2022, 02:01:14 PM
#51
If you look at the BTC chart, it looks like it could fall even further. I think it fell to $15000, When the price fell back to $17500, the hope was that it was the bottom, But From there the price goes up and it has receded a little before 22,000 and it is coming down slowly again, it seems that it will go down further. If we look at today's chart, there is a very slow movement. So, we can see a good movement tomorrow, because this is the silence before the storm.
full member
Activity: 1512
Merit: 115
July 02, 2022, 01:41:16 PM
#50
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.
Maybe we would see more downward price drop or maybe not. During the last bear market season, Bitcoins price dropped about -85% but the price is currently around -74% and if the market were to continue to drop to around the same level as the last bear market, BTC price could be around $10k which I am thinking might not happen. However, buying now wouldn't hurt much I would say.
legendary
Activity: 1288
Merit: 1081
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July 02, 2022, 01:00:15 PM
#49
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.
Some altcoins and shitcoins are know for giving massive profits when the market is green. They can do x10, x20 as the case may be. But one notable thing is that during the bear, they also make -20 and more. A season like this shakes many projects off the market and only few lucky ones and the ones that has good road map and usability survive the blood bathe.
Meanwhile, the King hasn't gotten any strong support, so there is possible downfall, you never can tell. So, invest only what you can afford to lose or keep for a very long time.
legendary
Activity: 3752
Merit: 1415
July 02, 2022, 10:04:32 AM
#48
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.
legendary
Activity: 1792
Merit: 1296
Crypto Casino and Sportsbook
July 01, 2022, 03:13:37 PM
#47
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.
These very good coins are not so good if it have already lost 95% of their value. Will there be a further fall? Why not? Prerequisites for a change in the bearish trend are not expected in the near future, so these good coins may lose all 99% (or 100% and died). A falling market has always been merciless for the altcoins and this is a bad time to hold it. Even if the trend changes, it will take a long time to restore the previous levels of altcoins, if at all.
full member
Activity: 882
Merit: 100
July 01, 2022, 02:26:31 PM
#46
Now, if there is a further decline, the number of investors in cryptocurrency will decrease a lot.Investors are losing money day by day. People now have very little confidence in cryptocurrency.The market is dumping day after day, the top 10 coins are falling now.If the market is dumped in this way, people will lose their basic money and become poor.It will reduce the confidence of investors like us.There are very few investors do not think about all this fall.Currently most people are reluctant to buy coins.So I think there is no possibility of falling.I hope we will see the bull market soon.
sr. member
Activity: 1587
Merit: 271
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July 01, 2022, 01:15:49 PM
#45
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.

If the coin price increases it is possible, then a drop is very likely. These two things are inseparable. The current market conditions are falling, especially with the price of Bitcoin which has fallen to 2/3 the price of ATH. If the price of Bitcoin goes red, alt will not stand still, of course it will go along with Bitcoin. Maybe this condition will improve soon. But my prediction will take one to two years.
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