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Author Topic: Can crypto go lower than 95%  (Read 768 times)
Cuda911 (OP)
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May 29, 2022, 03:20:46 PM
 #1

Most the favourite projects I have in mind to buy have already lose 80% to 90% of their value, if you are in my shoe would you start buying? I did try to buy piece by piece like 20$ to 30$ range but I still don't know if I am doing the right thing... I have these projects in mind

1. Theta
2. Sad to
3. Lukso
4. Mina Protocol
5. Layer zero
6. 0x
7. Woo Network

But looking for good entry per dollar

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May 29, 2022, 03:57:25 PM
 #2

Most the favourite projects I have in mind to buy have already lose 80% to 90% of their value, if you are in my shoe would you start buying? I did try to buy piece by piece like 20$ to 30$ range but I still don't know if I am doing the right thing... I have these projects in mind
If I have the money to spend some juicy negatives from the assets I do like then I'll throw a dime in it. To be honest, we can't tell how far it can go deeper but it's certain that we may back up again, this drop was more likely to punish the paper hands or shook them off from the market.
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May 29, 2022, 04:31:05 PM
 #3

I think this will happen to new projects, they can lose 90% or even 100%, but very low declines will not happen to coins that have strong fundamentals such as coins that are in the top 10 CMC such as BTC, ETH, BNB , DOT, SOL, and ADA, they are more likely to stay in times of 30-40% decline.

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May 29, 2022, 04:42:40 PM
 #4

It’s possible.

We have example of Luna. It went down 99% of its liquidation and went almost zero in terms of pricing. So there is no way one can guarantee that crypto will be firm at its position above 80% or so. As you have stated your projects went down to 80% window then obviously they can loose value even further and become zero.

The only way to secure your funds is to convert them to stable coin. However that also has timeline which we have already lost. I mean you can save up 20% loss but not more than that at this point. It’s better to wait for the crypto to go bullish and then think about next strategy.
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May 29, 2022, 04:52:22 PM
 #5


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May 29, 2022, 05:09:29 PM
 #6

Most the favourite projects I have in mind to buy have already lose 80% to 90% of their value, if you are in my shoe would you start buying? I did try to buy piece by piece like 20$ to 30$ range but I still don't know if I am doing the right thing... I have these projects in mind

1. Theta
2. Sad to
3. Lukso
4. Mina Protocol
5. Layer zero
6. 0x
7. Woo Network

But looking for good entry per dollar

I think the coin you recommend has a very high risk, don't let you get stuck with the coin, I think a coin that has decreased 80-90% is a critical coin, why not try investing in a coin that already has strong fundamentals like Binance, ethereum, solana, and polygon (MATIC) don't they have good prospects and have a great opportunity to be able to benefit you in the future,

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May 29, 2022, 07:39:33 PM
 #7

...
if you are in my shoe would you start buying?
...

There is usually a long horizontal period before the bull market. In this long horizontal period, accumulation is observed in the graphs. It may be a good option to wait for such a period before the bull market... Apart from that, I think Bitcoin and Ethereum can be bought gradually at any time and at any price. I see every big market crash as a buying opportunity. I wish you good luck.

Darbeciler emperyalistlerin işbirlikçileridir...
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May 29, 2022, 08:24:31 PM
 #8

When our portfolio gets a very significant price drop because the overall market conditions are experiencing a decline, maybe this is better for you to do because you can get the token price at a relatively low rate so that when market conditions improve you can cover losses a little which has been accepted during a price decline on the condition that some of these token projects remain active and continue to run as they should. It is different if some of these projects cannot develop during bear market conditions, so that the price will not experience a high increase when the market returns to the bull market.

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May 29, 2022, 08:36:29 PM
 #9

Most the favourite projects I have in mind to buy have already lose 80% to 90% of their value, if you are in my shoe would you start buying? I did try to buy piece by piece like 20$ to 30$ range but I still don't know if I am doing the right thing... I have these projects in mind

1. Theta
2. Sad to
3. Lukso
4. Mina Protocol
5. Layer zero
6. 0x
7. Woo Network

But looking for good entry per dollar
When you have learned from the mistakes of entering with the highest entry and losing almost more than 75% then all you need to do is take a break and evaluate the trades and buys that have been made. Correction until you find the answer to the reason why the minus can be so big. Instead, take a bigger risk by listing projects that obviously didn't do very well during a bull market. So stop expecting to spend more of your money on altcoins, because you will only see a decrease after a decrease in the balance in the portfolio.

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May 29, 2022, 08:44:16 PM
 #10

when you think that crypto project is down, and cannot go lower, it goes lower
it is a crypto thing

you should always re-evaluate your positions, do your own research, and base your decision on your research, bearing in mind that investing in crypto is highly risky, and could make all your investments worthless, so never invest anything what you cannot afford to lose
altcoins are sometimes closer to gambling than investment
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May 29, 2022, 09:11:24 PM
 #11

I wonder why the top coins is not on your list?
If you do look at the best coins in the market, investing small amount of money regularly is really advisable. I don’t trust your list of coins/tokens, for me its too risky for you. If you have the experience in this market already, don’t forget to analyze first before investing this can prevent you from losing big money.
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May 29, 2022, 10:02:36 PM
 #12

80 or 90% loss of value for altcoins is an average result. The best result is a 95-98% loss in value from ATH or a return to the ICO price that was available to venture investors. That's exactly the point of a bearish trend for smart investors, they start buying during just such periods and this is just one of those times.

But I would like to point out that not every loss of value means a profitable investment. Also pay attention to the unlock table, whether there were unlocks in large funds, it all affects whether there will be a price increase in the future or not. Also pay attention to the development of the project, if everything goes as indicated in the roadmap, the loss of value does not mean the death of the project.

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May 30, 2022, 04:10:41 AM
 #13

Yes cryptos especially alts can go down 90% and you think it’s a good buy and they go down another 90%. So basically a 99% loss and most don’t recover.

Usually what happens is the trading volume decreases and it starts to get delisted and then eventually it becomes useless and forgotten. Many alts head this way.

So just because it seems cheap doesn’t mean anything.

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May 30, 2022, 09:43:07 AM
 #14

In an Alt season on some of the alts you can see numbers like +200%, 300% per day.. sometimes even higher and when the alt season is over, those fake pumped coins will start dumping like crazy. Numbers like 95% are possible, but you should always check the development of the coins. Sometimes (or most of the time) they turn to be a scam and then your investment is just gone.

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May 30, 2022, 10:57:28 AM
 #15

Most the favourite projects I have in mind to buy have already lose 80% to 90% of their value, if you are in my shoe would you start buying? I did try to buy piece by piece like 20$ to 30$ range but I still don't know if I am doing the right thing... I have these projects in mind

Those projects you have are actually not that bad and I can say that they are coins with great community as well. And since that's what you got, I think you are doing things right. Just keep on buying little by little continously increasing your holdings because that is wise on this current market situation. It doesn't matter the percent loss of it's value now because we all know the market will soon be okay. We just don't know when but I'm certain bullish days will come. And by that day, you'll be proud of yourself that you've done the right thing.
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May 30, 2022, 04:19:11 PM
 #16

Most the favourite projects I have in mind to buy have already lose 80% to 90% of their value, if you are in my shoe would you start buying?
I saw that too and that was also happening in my investment as well. I hope that the market will recover to at least 60% from the ATH.
I have been buying when it was dipping but in my opinion if the most effective way for now to scalping the market.

I did try to buy piece by piece like 20$ to 30$ range but I still don't know if I am doing the right thing... I have these projects in mind
If you didn't even know what you have bought and that means if you are actually betting on it, right?
1. Theta
2. Sad to
3. Lukso
4. Mina Protocol
5. Layer zero
6. 0x
7. Woo Network

But looking for good entry per dollar

Those look good but the condition of market make them so difficult to recover back again at the top.

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May 30, 2022, 04:25:44 PM
 #17

Most the favourite projects I have in mind to buy have already lose 80% to 90% of their value, if you are in my shoe would you start buying? I did try to buy piece by piece like 20$ to 30$ range but I still don't know if I am doing the right thing... I have these projects in mind

Those projects you have are actually not that bad and I can say that they are coins with great community as well. And since that's what you got, I think you are doing things right. Just keep on buying little by little continously increasing your holdings because that is wise on this current market situation. It doesn't matter the percent loss of it's value now because we all know the market will soon be okay. We just don't know when but I'm certain bullish days will come. And by that day, you'll be proud of yourself that you've done the right thing.
Relying on trust alone is not enough, in the altcoin market, it can be a scam in the blink of an eye when you distract yourself. In altcoins, it will only earn you more less if you choose the wrong one. Trust must also be accompanied by the progress of the project itself. Wouldn't it be safer to shift focus to Bitcoin and leave the big risk on altcoins that will end up somewhere?

Or try to give a choice of altcoins that will continue to be used as a transaction tool and the network is actively used.

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May 30, 2022, 04:28:07 PM
 #18

Most the favourite projects I have in mind to buy have already lose 80% to 90% of their value, if you are in my shoe would you start buying? I did try to buy piece by piece like 20$ to 30$ range but I still don't know if I am doing the right thing... I have these projects in mind
If you look at past bear markets or "crypto winters" you can see that some projects lost 99% and more and never recovered again. Best is to wait a while until the prices stabilize and form a "bottom" in the chart for a couple of months before jumping in and throwing "good money" into the market. Until then stick with the big coins mainly BTC, ETH, BNB. I doubt that the downtrend is already over, I expect another -50% in BTC in the next months, which can mean up to another -90% for some Alts, but this is just guessing and not investing advice Smiley
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May 30, 2022, 09:42:03 PM
 #19

Most the favourite projects I have in mind to buy have already lose 80% to 90% of their value, if you are in my shoe would you start buying? I did try to buy piece by piece like 20$ to 30$ range but I still don't know if I am doing the right thing... I have these projects in mind

1. Theta
2. Sad to
3. Lukso
4. Mina Protocol
5. Layer zero
6. 0x
7. Woo Network

But looking for good entry per dollar

For most alts there is a ton of downward risk at this point still.  I would steer clear of buying new projects right now.  They might get permanently buried in price.  Happens every bear market be careful and good luck if you do move forward with those coins/tokens.

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May 30, 2022, 09:48:14 PM
 #20

Most the favourite projects I have in mind to buy have already lose 80% to 90% of their value, if you are in my shoe would you start buying? I did try to buy piece by piece like 20$ to 30$ range but I still don't know if I am doing the right thing... I have these projects in mind

1. Theta
2. Sad to
3. Lukso
4. Mina Protocol
5. Layer zero
6. 0x
7. Woo Network

But looking for good entry per dollar

For most alts there is a ton of downward risk at this point still.  I would steer clear of buying new projects right now.  They might get permanently buried in price.  Happens every bear market be careful and good luck if you do move forward with those coins/tokens.

The OP's list for me is not a very strong one. So I don't think they have chance to survive in this volatile market.
Maybe, I can go with ETH, BNB, SOL, MATIC, AVAX and other top alts.
Even if we say, you will invest small, at least you have the chance that you can still get your money later on.
With not so familiar projects, the chance of losing all is very high.
Also, don't forget to include BTC in your portfolio, even if you have small amount of satoshis, you know it may have the chance to be valuable in the future.
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