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Author Topic: Can crypto go lower than 95%  (Read 782 times)
milewilda
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June 02, 2022, 09:33:17 PM
 #41

Hard to recommend right now, all altcoins are down 80% so this could be a buying opportunity at an all-time low but there's also a chance it will never bounce back. As we all know not all projects will bounce back after the bear market is over. It's up to you to decide because you're the one holding them.
Risk management is crucial on the times where most coins dropped 80% which i do basically believe in low cap coins or non established projects which its impossible for top ranking coins to drop that hard.
IF ever you could really made out some decisions on buying this low on a particular type of coin or project then it would really vary on you since not all would really be that optimistic from time to time.
Dropped 95%? Yes it could because anything could happen into this market but majority of the coins do drop this low is something that nears to be abandoned by the community
but placing yourself on the bottom isnt also a bad idea as long you do have the money to put into.

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June 02, 2022, 09:38:59 PM
 #42

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

But looking for good entry per dollar
Understand this OP, we are in the season where every crypto in the market is not saved from a downtrend and that includes the stablecoins either. However, the 80-90% downtrend of the altcoin you want to invest in shouldn't draw you back from your plan because this season is the perfect entry time but you just need to do adequate research about the altcoin you wanted to invest in because some altcoin will never survive this correction market.

If the altcoin introduces some new concept that somehow solves the crypto-related issue, has good historical data, Marketcap, and is well supported by the crypto community it is good to invest in it.

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June 02, 2022, 09:46:05 PM
 #43

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

All this coins for me are really a big risk and if you invest in them it should be an amount that you can honestly afford to lose.
The only good coins in this bad run is bitcoin and eth but mostly bitcoin survived this huge loss on the market. Hopefully we start seeing it go up soon
goaldigger
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June 02, 2022, 09:56:15 PM
 #44

Hard to recommend right now, all altcoins are down 80% so this could be a buying opportunity at an all-time low but there's also a chance it will never bounce back. As we all know not all projects will bounce back after the bear market is over. It's up to you to decide because you're the one holding them.
Analyze every project that you see with a good potential to rise again and decide either to buy already or wait for a more cheaper price. This bear market is already on a long period and we might see this to continue, we should already know what to do. I don’t like the list of OP, for me its not ok to invest on those project for long term holding, it is still good to go for the top coins, there’s a big chance for them to rise again and that is a good profit opportunity for you.

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June 02, 2022, 10:34:40 PM
 #45

the bearish market gonna acts as a natural selection, these projects you mentioned could be losing majority of its value and have a chance of rebouncing back but lets be real here, they also have the chance of just vanishing into thin air if they aren't that famous of an altcoins.
The reason it's always recommended to just stick with the high market capitalization altcoins in the middle of bearish market is because they are already famous that the chance of them just vanishing into thin air being eliminated by the bearish market is slim, if it's relatively new coin that has lost majority of its value, there is always a chance of getting delisted, etc

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June 02, 2022, 11:56:19 PM
 #46

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

But looking for good entry per dollar
Understand this OP, we are in the season where every crypto in the market is not saved from a downtrend and that includes the stablecoins either. However, the 80-90% downtrend of the altcoin you want to invest in shouldn't draw you back from your plan because this season is the perfect entry time but you just need to do adequate research about the altcoin you wanted to invest in because some altcoin will never survive this correction market.

If the altcoin introduces some new concept that somehow solves the crypto-related issue, has good historical data, Marketcap, and is well supported by the crypto community it is good to invest in it.
Risk investing on altcoin have 80-90% downtrend because not all altcoin when drop drastically can reach higher price again, maybe you got experience with Luna coin after 80-90% downtrend have delist on end journey before moving to new version. How ever top coinmarketcap position standing I don't believe with 80-90% downtrend will have new moment can back to higher price again, I afraid when investing with 80-90% downtrend coin because I think wait several days later before become scam coin.

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CryptoYar
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June 03, 2022, 01:13:27 AM
 #47

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 don't know what is "Sad to" and "Lukso" never heard about these tokens. I advise you to only invest in strong projects in this bear market.

Here's my list:
Btc (on top)
Eth (accumulating as much as I can)
Bnb
Ftx
Daomaker
DOT
Kadena
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June 03, 2022, 03:11:57 AM
 #48

the bearish market gonna acts as a natural selection, these projects you mentioned could be losing majority of its value and have a chance of rebouncing back but lets be real here, they also have the chance of just vanishing into thin air if they aren't that famous of an altcoins.
The reason it's always recommended to just stick with the high market capitalization altcoins in the middle of bearish market is because they are already famous that the chance of them just vanishing into thin air being eliminated by the bearish market is slim, if it's relatively new coin that has lost majority of its value, there is always a chance of getting delisted, etc

That is why it is always recommended to do research and analysis first before investing in crypto. At least so that we don't invest in the wrong
coins, because the reality is that the risk of investing in crypto is very high. Even as you said, quite a lot of coins that we found were finally delisted
from exchanges, because they no longer had enthusiasts. Therefore we really have to be careful in choosing coins for investment, related to coins
that end up being scams are now more and more popping up. So to be safer, we really just focus on investing in top coins, which are clearly listed
on popular exchanges and are also in high demand. So if the price drops very low, we don't need to worry too much, because if the market is bullish,
then the top coins will always recover again. Then my advice if we really want to try investing in shitcoins or new coins, there's nothing wrong with
using the stop-loss feature, so we can avoid big losses if the coins suddenly drop drastically.

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June 03, 2022, 03:20:20 AM
 #49

Terra Luna went 99% down and when people thought it can’t go down anymore and bought in, it went down another 99%. If a project is on the verge of death, it can go down a lot. Sometimes you just can’t buy the dip because there isn’t any. It goes down and down… I believe most alts have the same potential of going to zero as terraluna. Most ICO era alts are not around anymore so be careful with your investments.

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June 03, 2022, 09:18:39 AM
 #50

Terra Luna went 99% down and when people thought it can’t go down anymore and bought in, it went down another 99%. If a project is on the verge of death, it can go down a lot. Sometimes you just can’t buy the dip because there isn’t any. It goes down and down
Everything is possible in crypto, Luna has proven high ATH rate and drastic drop in charts at CMC, so investors should be careful choosing coins and should learn from investing in Luna because all altcoins other than BTC then altcoins can fall drastically like Luna.

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June 03, 2022, 10:29:37 AM
 #51

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
Why these sets of coin? are you really planning to Buy those listed? or asking for what we will advise you?

maybe Theta is the only one that I know can be promising but of course it is your choice still mate .

but try investing also in coins that safest in which the top 10 listed coin in market cap.

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June 03, 2022, 10:40:59 AM
 #52

If I am in the position you will never be in the slightest to buy coins on a project that is not as potential as you have mentioned it, especially with the current state of the market we are very risky to choose a new project and losing 90% of our assets will definitely happen, then just look for other projects that are more potential for the future because the choice of good and potentially current projects is very much that we can invest in.
That not everyone owns coins based on research but many novice traders invest in Fomo coins for instant profits, but in the end they have been stuck in high-loss risk investments, maybe in the future they should be careful before investing and ignore projects that lure instant profits.

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June 03, 2022, 12:09:46 PM
 #53

Currently, there are very many coins that have lost their value even 90% more and their value has almost become zero, if you are already in the project then it is better to just hold on until the value increases again and let's just say that the coin you are holding is gone, because selling at a time of decline to 90% of course it is a very big loss, then stay afloat even though later we can't make sure the coin can increase again and never panic because of the circumstances like this we have often felt.

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Mame89
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June 03, 2022, 12:35:59 PM
 #54

If I am in the position you will never be in the slightest to buy coins on a project that is not as potential as you have mentioned it, especially with the current state of the market we are very risky to choose a new project and losing 90% of our assets will definitely happen, then just look for other projects that are more potential for the future because the choice of good and potentially current projects is very much that we can invest in.
which of course, like ETH, BNB, BTC in my opinion are more efficient, bears come to attack altcoins, mostly lowering prices, which can reach 65% and below. the focus towards this coin is already potential at some point in the future, there is no need to doubt the movement of the coin. let's just watch in terms of the decline in a few months in cryptorank analysis

R


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June 03, 2022, 02:36:06 PM
 #55

Terra Luna went 99% down and when people thought it can’t go down anymore and bought in, it went down another 99%. If a project is on the verge of death, it can go down a lot. Sometimes you just can’t buy the dip because there isn’t any. It goes down and down… I believe most alts have the same potential of going to zero as terraluna. Most ICO era alts are not around anymore so be careful with your investments.
When you thought it's the lowest, but things can get worse than before, that was indeed what happened with Luna. At least V2 has brought back a bit of hope for Luna, but can't really tell whether it can bring back luna to its colorful days or not.

Just as you said, most alts has the same risks of being "dead" or something, no matter how good they are. If it's time, it's time.
I mean, it's already a huge risk buying the dip, but if only you can afford to lose your money, then go ahead, if you can't, then just wait for a better market condition to buy.
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June 03, 2022, 03:28:07 PM
 #56

Terra Luna went 99% down and when people thought it can’t go down anymore and bought in, it went down another 99%. If a project is on the verge of death, it can go down a lot. Sometimes you just can’t buy the dip because there isn’t any. It goes down and down… I believe most alts have the same potential of going to zero as terraluna. Most ICO era alts are not around anymore so be careful with your investments.
When you thought it's the lowest, but things can get worse than before, that was indeed what happened with Luna. At least V2 has brought back a bit of hope for Luna, but can't really tell whether it can bring back luna to its colorful days or not.

Just as you said, most alts has the same risks of being "dead" or something, no matter how good they are. If it's time, it's time.
I mean, it's already a huge risk buying the dip, but if only you can afford to lose your money, then go ahead, if you can't, then just wait for a better market condition to buy.
I don't understand why anyone would buy a proven scam though, regardless of the price. Especially when there are so many bluechip cryptos out there with world changing technology and adoption, like XRP (which is partnered with hundred of banks) and ICP (which is building a new internet on the blockchain).
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June 03, 2022, 04:23:07 PM
 #57

90 percent of drop is too much and im not sure if it's a good thing already but drop like this won't make people rush to buy but they will be rushing to know the reason of the drop. Anyway I know some of the coins that you have listed like theta, mina and 0x. You can still try investing on those coins and hope that they recover and pumped once the market returns to normal but for the rest on your list, I will stay away from them or if you know them personally, you can try investing smaller amounts on them, just in case they didn't go well.
Depends on the coin we are talking about. Just to give an example, Bitcoin reached 68k at the top, which means if it drops 90% that would be 10% left and that is around 7k dollars. Would you buy bitcoin at 7k? I can tell you that you "can't" buy bitcoin at 7k, why not? Because people would buy it in bulk, especially those nations and hedge funds and companies that invest into bitcoin would spend billions upon billions to make it go up and accumulate a lot until it gets there.

This is the proof that we are not going to see those prices again. However, assuming we ever did, you should be buying with all you got because that price will recover pretty quickly and it will go up again.

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June 03, 2022, 06:01:34 PM
 #58

Terra Luna went 99% down and when people thought it can’t go down anymore and bought in, it went down another 99%. If a project is on the verge of death, it can go down a lot. Sometimes you just can’t buy the dip because there isn’t any. It goes down and down
Everything is possible in crypto, Luna has proven high ATH rate and drastic drop in charts at CMC, so investors should be careful choosing coins and should learn from investing in Luna because all altcoins other than BTC then altcoins can fall drastically like Luna.
Nothing impossible from cryptocurrency become richest person and become poor on short time, actually we only see with how many investor suddenly get much profit with low fund investing and get much profit later. But keep remember with how many investor losing all money after investing on Luna coin with higher price above $100 before dropping under $0.000012. Here we can take lesson never become long term and loyal with some coin for holding, keep sell when reach profit and use stop loss for take care if price really drop like Luna.

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June 03, 2022, 06:03:19 PM
 #59

We never know what happened, lower to -95% haha sounds funny but it has happened to top projects,
YES! that is LUNA!, we are in the world of crypto currency, which we know right now is very cruel,
PUMP and DUMP happen, high volatility makes everyone frustrated,

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June 03, 2022, 06:40:31 PM
 #60

We never know what happened, lower to -95% haha sounds funny but it has happened to top projects,
YES! that is LUNA!, we are in the world of crypto currency, which we know right now is very cruel,
PUMP and DUMP happen, high volatility makes everyone frustrated,

But for this volatile nature you can also make a profit from this market. The Luna incident has once again taught crypto investors how important it is to close profitable trades at the right time. Since the market is open, even if you make a wrong decision, you have to bear the responsibility for that mistake. So a lot of crypto investors have lost their money due to the irresponsible activities of the Luna team which is witnessing a very sad incident in the crypto world. So far, the crypto market has had an impact that began with the collapse of Luna. When this happens to a top coin, of course, trust issues are created among investors.

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