Topic: What altcoins have dropped at least 10x in this bear market and will easily 10x - page 3. (Read 865 times)

Your perspective to invest in well established currencies like Bitcoin and Ethereum is a good approach. They are considered less risk, as they are pioneering currencies, and have demonstrated resilience overtime. Gained recognition and trust of investors with their consistent outstanding performance. While venturing in altcoins can be speculative and high risk approach. However, there are good projects, such as Solana, Chain Link, ADA and Dot those are potentially worth consideration for long term investment.

I reason with you, because I'll rather put my money on crypto coins that have guarantee, like bitcoin and ethereum, I'm sure that however the market swings,  that they'll still remain relevant, and I'm going to make profit on them. Altcoins are good because of their high returns on a short term, but you never know when the one that you bought into will disappear. Except for a few top altcoins like ethereum, buying into most of the others are like gambling to me, they can pump10x now, and while you're waiting for it to increase a little before selling, next thing is the coin has become worthless.

Certainly, the price of ICP token has dropped more than 90% during the bearish market that began in early 2022 and continued for almost 2 years.. Functioning as a utility token often referred  the internet of block chain. The developers acquire this token to purchase computational power. It can also be used to stake and earn staking reward. Its current price is only $4.41 which is very attractive for long term investors aiming for substantial profit in forthcoming bullish market.

https://internetcomputer.org/how-it-works#:~:text=The%20ICP%20token%20is%20used,offerings%20of%20the%20native%20DAOs.

ICP is another project that has dropped more than 10x since its ATH. Though they are doing a very good work with their decentralized storage solution but i don't think it will be possible for them to revisit their last ATH as that price was manipulated by FTX and was a unrealistic marketcap. Right now its price is moving sideways and from here i can expect more than 10x actually only because of their development and roadmap. They don't have too many competitors in the market right now so i am really bullish on ICP.

There are large number of coins those have lost their value to the extent of more than 90% during the prolonged bear phase began from early 2022 and continued for extended period of more than two years. However, crypto market is now showing signs of improvement, thanks to institutional support.. Solana serves as a good having made remarkable recovery from its price plummeting below $10 to currently trading above $30.It is possible that coins like DOT, ATOM, and ADA could also make substantial  recovery in the days to come as their use cases are strong and supported by dynamic and professional teams.

I may say that we are in the middle of bullrun and slide out of bearish season because of little increment in the market, so basically I believe that altcoins is not something you will trust fully because some of the altcoins doesn't have a potential like other altcoins and when purchasing you don't have to conclude in your mind that this particular altcoins will give you more than 10x when you invest in it, sometimes what pushed increment of altcoins is bitcoin, because whenever Bitcoin is progressing or having potential in the market it get accelerated too been altcoins.

So you investing in altcoins doesn't guarantee you that you make a very big profit in altcoins even the altcoins you invested, because I know quite well that not all altcoins have the power of dominance, but they get value gradually depends on the project, some of the altcoins have its way of moving forward.

But if I should encourage us in altcoins investment we have to invest in altcoins that have a potential not altcoins that doesn't have anything to ride on, sometimes it's a long term investment that makes some people to lose their funds in altcoins investment because some of the investment bearish season may meet them and I believe that short term investment is the best someone can do in cryptocurrency investment and especially in altcoins, no altcoins is trusted or have a similar potential with bitcoin.

Your Post History shows how you are shilling for  other altcoins https://bitcointalksearch.org/user/thetoadstoole-169355  and why ask us here when you already knew which coins will make you rish?  you have done that in BitcoinCash last time and seeing Solana to be lowered x10 so why not buy SOL then?
I'm not sure what is the main objective of this post but I think there is something wrong if not in your account but atleast to the main plan of your posting this after 2 years of inactive .
will not give any advise because for me, this is the wrong way of seeking investment and profit in crypto market , because as you expect bigger the larger ways to lose also may come to you.

This scares me so much, people are looking for "will easily 10x" stuff and that is very very scary. If you are looking for something that will easily 10x, don't you think that the whole world would look for that as well, are you aware how much money that is? I mean someone who put up 100 dollars and gets 1000 back may sound innocent, but at the same time someone may put up 10 million and get 100 million back, imagine the amount and the size of that. I do not think that people are aware of how giant x10 is, that is huge, that is doubling your money for 3 years and then some change, that is really a huge amount.

I think people need to stop trying to make 10x and instead try to make a decent return. I think making a decent return and doing that for years without any hiccup would be a much better and realistic approach. I do not know anything that "will easily 10x", because there isn't anything that is known right now, maybe something would do that, but nobody knows it beforehand, we just assume or guess or predict and yet %99 of us will be wrong about it.

Its indisputable that Bitcoin has consistently showcased resilience, especially when we compare its recovery rate post-significant drops to that of most altcoins. Its as if Bitcoin is the proven standard-bearer, whereas many altcoins cant even find their footing after a fall. And its disheartening, truly, to witness so many altcoins with potential get swallowed up in the bear market, becoming obsolete due to their inability to reclaim lost value. How many times have we seen investors flee, moving their stakes elsewhere? Too many to count, really.

Now, for your point on investment strategies, it hits home. Investing merely based on past dips, hoping for a proportionate rise, is naively optimistic. In our business, we havent integrated crypto payments because of stifling governmental laws, though we can store them. Their volatility is a significant reason. This space is a minefield, and without a discerning eye, losses can mount. Its paramount to focus on tokens attracting genuine traction, rather than ones with transient hype.

That's right, only a few altcoins follow the bitcoin pattern and constantly rise, fall and recover. Most of the altcoins are designed for a short period of time, if we are talking about the investment period. Bitcoin can be bought once and wait for 10 years until it grows a lot, in the altcoin sector I would not risk holding any coins for more than 5 years without fixing part of the profit, if there will be any at all. Many altcoins die much sooner than 5 years.

I totally agree with this, and this is the reason why they are altcoins and aren't anywhere near Bitcoin when it comes to price recovery Bitcoin can drop significantly for sure but it has the ability to rise back unlike many altcoins that can't gain substantially value after dropping heavily after a bull run. There are a lot of such tokens and coins that die off during a bear market because they can't recover their price after dropping significantly since their investors migrate to other cryptocurrencies.

That's why, it's not really good to make investments based on the fact that a cryptocurrency has fallen a certain percentage and it will gain the same or more value during the bull run because if it fails, you will lose all your money, so it's better to invest in coins that are attracting more investors in recent times.

I also agree with your opinion, although it is quite general on the issue of investment objects. I see things moving away from the problem that perhaps it just needs to be simpler in the portfolio to have the research more refined. Many different products in the crypto space have achieved their own success and provided benefits to users, but it is clear that we still have a long way to go before everything is perfect. And the story of the old altcoin returning to ATH is also one of the lessons that I have applied. In general, it is only when I go into practical experience that I think it will be clearer how to realize its potential. As a slightly objective individual, I like the wave of altcoins, but in reality, it is quite short-lived and sometimes mixed with emotions. To reach the profit target, as I mentioned, be ready for everything.

Most likely, top coins in every exchanges or in this industry in general are the ones which would make it once bullmarket take place as we saw from previous ones. But if it is with generativity, then all tokens has a tendency to be up, it is just not all cryptos are still having the same volume of investors which might yield to lack of demand. Perhaps with memetokens which are currently in hype. Its market price is way too low than its ATH but its market prices are still ‘active enough’ to see changes whenever major coins are experiencing pumps as well. Increase might not be in an instant or may not be higher than x10 but as long as it still have the potential for increase then it would still be a good buy during bearish market situations.

Then you are just lucky in BitcoinCash that you manage to earn  x10 but this is a rare occasion to find one again , yeah Solana fall that low also but we cannot predict as how you did in BCH.
but if you can manage the pain when time comes of wrong turning then invest on it.
but remember that Luck will not always on our side so still best to invest without that high expectation.
if the team continues to work diligently then how come that they will grow higher like what OP asking?
Maybe it wil dumped x10 but will it be x10 easier?I don't think so mate.

IMO, it's hard to say that any altcoin can repeat that performance in this market because we all understand that a lot of altcoins only appear in the short term and they do not maintain their existence in this market long enough over several cycles to regain ATH.
As was the case with XRP last season, it did not meet expectations, but the point is that investing is risky and as some members have mentioned, there is no guarantee that the bullrun will take place in 2025. So I can only express that if you have to research and build a clear strategy with a specific coin, you need to evaluate the criteria to see if they are worth keeping in the short or long term.

I think it's possible if the team continues to work diligently and passionately on the network. Otherwise, without innovation or with subpar performance, network congestion can still occur, making it unlikely to achieve an all-time high during the most recent uptrend season

if I choose ADA, because the price of ADA is currently $0.24 and the ATH price of ADA is $3, so the decline in the price of ADA is more than 10x and I am sure that when the bullrun occurs, the price of ADA will definitely increase very high and increase at least 15x from the current price or it could even reach $5, that's why I chose ADA and believe that ADA has a good potential to be hold in the long term.

You could invest in those coins but it's not a good idea to put most of your money in it maybe a little bit is enough because if they really gonna make it until bull runs, they will multiply their price by a hundred folds I guess but when they're not, you only loss little amount of money which is not bad because you can get it back from bitcoins if you bought when the price was low just like the situation of it today in the crypto market, the price still good to buy bitcoins. But when it comes to altcoins, it's all up to you but don't get carried away because a lot of investors already regret when they invest lots of money in those random altcoins.

honestly how can a coin drop 10x, but if its a coin that has lost its value significantly from its most recent all time high, even bitcoin and ethereum is still far from all time high, so they too can be suitable investment for you.
the fact that these coin such promising coin and also the most trusted, its no brainer to invest.
when it comes to other coins liek solana which also having rumour about it gonna be dumped by the ftx, i don't really sure about its future, better choose the other one since the market are full of promising coins anyway.
not to mention the emerging new altcoin supported by various investment labs and venture capital that usually guaranteed to succeed first listing though doesn't necessarily means it will retain its value
after the listing but at least you could take advantage of it.

I think many altcoins experience the same thing. Even worse, some really won't come back and will probably become ashes or dead coins. However, if it is related to top coins which indeed have potential in the next bullish era, this bearish era is a moment to increase their accumulation and prepare them for the bullish era. However, this is a little tricky because not all top coins can experience such a significant increase. As during the bullish era last season, not all top coins were able to reach the previous ATH target, let alone exceed it. So, we also have to be careful in choosing coins for later investment, especially to prepare for the bullish era.