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Author Topic: Can crypto go lower than 95%  (Read 778 times)
suzanne5223
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June 03, 2022, 10:08:07 PM
 #61

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.
Everything in life has its own risk involved and that includes just drinking ordinary because if you're not careful with it may lead to the couch but the carefulness i mentioned is what most crypto investors don't have.
Trust me, Luna's downtrend is something people ought to have foreseen, and thats those that carefully go through the project concept, not the hype and the amount of Bitcoin accumulated by them to back the shitcoin.
If you're afraid to accumulate coins because it 80-90% dump in the price you'll miss the right opportunity you have and what you need to do is to grow your knowledge in selecting the right investment.

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June 03, 2022, 10:53:22 PM
 #62

The whole crypto market can drop a lot just as what you're thinking. But I don't think this time is going to be painful, a lot of changes were made and fundamentals.

But based on your choice, I think that you need to upgrade your choices and choose better projects than of those you've got. I'll buy as I see the market experiencing bearish moves and it's an opportunity that I shouldn't miss.

And the choices that I'll make, I'll make sure that I've doing it correctly based on my own standards.
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June 04, 2022, 09:52:06 AM
 #63

The whole crypto market can drop a lot just as what you're thinking. But I don't think this time is going to be painful, a lot of changes were made and fundamentals.

But based on your choice, I think that you need to upgrade your choices and choose better projects than of those you've got. I'll buy as I see the market experiencing bearish moves and it's an opportunity that I shouldn't miss.

And the choices that I'll make, I'll make sure that I've doing it correctly based on my own standards.

our standards will keep us making money if we are willing to keep them on hold because for sure we are buying a competent and trust worthy coins like top currencies.

It can go more than %95 in a few days, the total value of the specific coin depends on trading volume aka demand. Btw, it is not fully confirmed bear market cycle, wait for further drop and invest later. There are potentially better altcoins compared your investment choice coins,IMHO. Check top 100 CMC coins and invest at least half of overall capital.
wait I will remind you that he is asking about dumping to 95% in which Am not sure will come , imagine Bitcoin to fall down below 5k again? nope this wont happen for sure though it is not bitcoin specifically that he is asking .









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June 10, 2022, 08:08:53 AM
 #64

This is something that can happen and without a doubt you need to be careful, however what percentage of your capital do you want to invest in those coins? Because if it is a small percentage, like 5% or less then maybe it is worth it to roll the dice and hope for a few of those coins to go up in value, however if you are thinking on investing the majority or all your capital then this is a move I would never recommend, due to the high risk that you will be taking.
We have to allocate max 10% for the altcoin list above because most of the altcoin list above I don't know, but if the list above is only ETH and BNB then I will allocate 70% for investment in both because there is no doubt for me to invest higher on both coins.
It seems we have the same train of thought, I can understand that people want to take greater risks as this means the opportunity of a greater reward, but in that case such risk needs to be taken with the utmost care, if we invest too much money in some of those coins which have high potential but also a high risk we may select all the wrong coins and lose the capital we invested, so with this in mind it is necessary to limit the amount of money we invest in those altcoins just in case we were unable to select the coins that will do well during this bear market.

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June 10, 2022, 09:39:24 AM
 #65

It seems we have the same train of thought, I can understand that people want to take greater risks as this means the opportunity of a greater reward, but in that case such risk needs to be taken with the utmost care, if we invest too much money in some of those coins which have high potential but also a high risk we may select all the wrong coins and lose the capital we invested, so with this in mind it is necessary to limit the amount of money we invest in those altcoins just in case we were unable to select the coins that will do well during this bear market.

I honestly cannot understand all of this reference to 'too much money' or 'taking greater risks'.

I know this is a contentious idea but this kind of crypto ínvestment is not really investment but gambling,,, Bitcoin and ETH yes are investments, but anything else that is so unsure has to be treated like a pure gamble.

So what do we do when we gamble? First, assume that all the money we put in is gone. Second, only put in what you can afford to lose.

Do like this and there is no more 'too much money' problem Smiley

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June 10, 2022, 10:30:21 AM
 #66

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
You know what is the problem here? that is most of your coins or the project you supported are Shitcoins and still expecting a Hype?
it is that you will only win once in a  blue moon , why not support currency that has bright future than those shitcoins on your list?
if you will not change this attitude then expect more on losing than gaining.
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,
LUNA is a scam project and that is what really tend to happen from the beginning and this is why losers keep on growing because of their support to nonsense projects.

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June 10, 2022, 01:16:49 PM
 #67

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
You know what is the problem here? that is most of your coins or the project you supported are Shitcoins and still expecting a Hype?
it is that you will only win once in a  blue moon , why not support currency that has bright future than those shitcoins on your list?
if you will not change this attitude then expect more on losing than gaining.
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,
LUNA is a scam project and that is what really tend to happen from the beginning and this is why losers keep on growing because of their support to nonsense projects.
I'm not going to stop people from planning the investments they hope for, it's just that we're just making comparisons and that can be a plan choice to correct again. many people correct about coins that they can make sure they are because there may be an impact of hype season or whatever and are ready to take risks. Of course, I'm sure they will buy top rank coins BTC, ETH, BNB because it's clear in the future, and just have to be patient waiting for the bull season to come.

R


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Balmain
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June 10, 2022, 02:35:02 PM
 #68

You follow a better path by making piecemeal purchases. There are many altcoins that have lost 90% of their value right now, and there is still no reason for them to lose value. In fact, the important thing here is to be able to predict the bottom level of bitcoin, these levels are definitely not the bottom. If it falls below 20 thousand dollars, I can say that the bottom prices, then altcoins will decrease by this much. In the meantime, there will be a rise again and if the bitcoin comes to 40-50 thousand dollars, then you may regret it, so you can continue to buy piecemeal.

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June 10, 2022, 07:23:33 PM
 #69

it has happened mate!, many altcoins have fallen more than -90%,
of course this makes altcoin holders frustrated, myself included,
I'm really sad about this bear market, because this is the worst in my opinion,

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June 11, 2022, 08:59:13 AM
 #70

it has happened mate!, many altcoins have fallen more than -90%,
of course this makes altcoin holders frustrated, myself included,
I'm really sad about this bear market, because this is the worst in my opinion,

It is true that the bear market that occurred in 2022 made some altcoins fall by 95%. But we must be patient and think positively to face
the current bear market. I think if we have good enough knowledge about the crypto world, and also experienced in the crypto world.
There should be no need to be frustrated and panic at seeing the drastic decline in altcoins prices, on the contrary we should be able to look
at it from the positive side. Because the bear market that is happening now is the right moment to collect coins that we consider potential,
so when the market recovers, and the price of the coins we buy increases in price, then we can make a profit. After all, the bear market
that happened this year was not the worst. So the possibility of the market to recover is quite large, the most important thing is that we must
choose the right coins for investment, because the wrong choice of coins is definitely a very big risk for us to lose money.

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June 11, 2022, 10:13:08 AM
 #71

it has happened mate!, many altcoins have fallen more than -90%,
of course this makes altcoin holders frustrated, myself included,
I'm really sad about this bear market, because this is the worst in my opinion,
I have never even been sad about the current market conditions and if you feel sad about the current market conditions, please tell me what has made you sad now because for me the bear market this year is still less extreme when compared to the bear market in 2018 saw all the altcoins drop almost 100% more than their peak price.

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June 14, 2022, 04:51:47 AM
 #72

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
Everything is possible in crypto, sometimes i think that crypto also depend on our luck and sometimes i feel like we need more knowledge to determine the right project to invest. Ive been in crypto since 2016 and i am ingage with a different situation like investing a project that i think will pump in the next 3 years from the day that i purchase but it end up lossing because most of the project on year 2017-2017 (bull season) fall on year 2019 to 2020 (bear season)because it is abandoned by the developer so i am unlucky with my holdings all i can say now is keep going i know there are a lot of new projects that will soon pump we only loss if we surrendered and leave crypto but if we keep trying soon we will recieved profit.


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wheelz1200
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June 14, 2022, 05:12:40 AM
 #73

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

No hard no.  Don't catch falling knives.  You want to buy when everything levels off for months, not now when things are dropping like crazy.  This might only he the start.  I feel like this bear will be even worse than years past. 

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kapalmabur
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June 14, 2022, 01:54:49 PM
 #74

it has happened mate!, many altcoins have fallen more than -90%,
of course this makes altcoin holders frustrated, myself included,
I'm really sad about this bear market, because this is the worst in my opinion,
I have never even been sad about the current market conditions and if you feel sad about the current market conditions, please tell me what has made you sad now because for me the bear market this year is still less extreme when compared to the bear market in 2018 saw all the altcoins drop almost 100% more than their peak price.
Basically, everyone cannot be generalized and has their own emotions when looking at current market conditions,
indeed when compared to current conditions with conditions in 2018 it is clear that 2018 conditions are more severe,
apart from that it's better not to be sad and use this opportunity to buy some potential coins
Cuda911 (OP)
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August 11, 2022, 09:46:55 AM
 #75

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
I am glad I just went ahead and follow my mind, today all these coins and tokens are doing so well, few have doubled my investment already, lukso and mina protocol for example, they are not nonsense projects I suggest you look into them.

sumant
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August 11, 2022, 10:10:49 AM
 #76

If you look at luna which was at good price gone to zero then become useless so you can say any crypto can not only go 95% down even they can go to zero. Any project lost usecase in this society will never pick up in price. Sometimes project start with good purpose but team members couldn't executed plans.
ItsCrafty
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August 12, 2022, 07:42:50 AM
 #77

Bro no one can predict the exact bottom and top of any coin. A good trader always trade level to level.
For this you must have a strong grip on technical analysis to find out the support and resistance points of the coin with the help of indicators and by manually study the chart of candle stick pattern.
Market bus down and it's very high chances that now coins will Recover.  May be some coin dump more than 95% because of bad News but not at all.

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X-ray
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August 12, 2022, 10:36:41 AM
 #78

it has happened mate!, many altcoins have fallen more than -90%,
of course this makes altcoin holders frustrated, myself included,
I'm really sad about this bear market, because this is the worst in my opinion,
Even some have been fallen to the -99% or even -100%. Altcoins can also be a scam anytime and people can't sell their token and exchange it with the stable token. The bear market was a must to ensure if market is healthy rather than always going up but it can go down in a few days like luna. I think you can see luna as a good example for you to know that if sometime crypto can down from the top to the bottom anytime. It doesn't matter how good market but any surprise can happen in the crypto.
People must also think about this as well.

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Ayers
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August 12, 2022, 01:35:22 PM
 #79

selling now also becomes meaningless when the value of coins has dropped by more than 90%, the best way is to keep holding and stop pouring money into these coins
there is no guarantee that they will recover when the bear market is over, there are many coins that will die and be forgotten

you should focus on bitcoin and ethereum instead of other altcoins to minimize risk
try to wait for a bull market and those coins if they recover then sell them immediately, don't expect to profit from them anymore

ScamViruS
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August 12, 2022, 09:03:37 PM
 #80

If you look at luna which was at good price gone to zero then become useless so you can say any crypto can not only go 95% down even they can go to zero. Any project lost usecase in this society will never pick up in price. Sometimes project start with good purpose but team members couldn't executed plans.

Many projects in the crypto market went to zero and among them there were top coins before. But coins with such a huge market cap like luna have not gone to zero. The Luna incident is a great example for crypto investors to deal with any situation. If you keep an eye on social media you can see how crypto investors are promoting every crypto project they see as huge and influencing small crypto investors. So every investor must be careful not to get influenced by anyone's hype.

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