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Author Topic: Downfall still possible?  (Read 1767 times)
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June 30, 2022, 10:35:02 PM
 #21

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.
It was indeed to have a downfall experience as this is a part of the crypto market cycle. Everything has been declining and dumping more, and only the projects that have a fundamental will stay while shitcoins believe to dump worse or may die. I'm afraid about this Metahero, I've never heard it honesty. I suggest you OP take a look at its performance and the capacity of the projects in order for you to assess if this really has a fortune or not. To remind you that it was too risky investing in shitcoins.



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June 30, 2022, 11:30:50 PM
 #22

Hodling during bear is not advisable and also it depends on what you hold.
Then what do you mean selling is the best option?
Let's imagine people buying now and then later they will sell them?

Quote
If you are patient enough then holding coins like Bitcoin, ETH then you can be sure of recovery with profit maybe not so quick but eventually. The sad thing is that majority of them will drop and won't rise again. The chart currently is very scary. Be vigilant and watch how things unfold.
Holding is somewhat hard if you don't have the faith of doing this and do not have the trust in your investment. People become impatient as they are afraid of losing their money. As to even say you have Bitcoin, holding them is impossible if you are too emotional while seeing the price chart. That is why I won't suggest checking our portfolio daily as it sometimes disappoints us only.

R


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June 30, 2022, 11:33:36 PM
 #23

The current state of the market is indeed getting worse and the situation is indeed very worrying, so the price drop in the coin may drop to the lowest point and this will happen so of course, then for now never try to invest because the risks are very large and the losses we experience will definitely be painful then never force to buy any coin if you do not want to feel it.

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June 30, 2022, 11:48:37 PM
 #24

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.
Don't panic, mate. Do you know how much the Bitcoin price has been dropped from the previous ATH?
The market is in the bearish season right now. So, we are not expecting for rising price to pump. The market may change, the up and downmarket is now very fluctuating and normal. But in some few days later, there may was also another dropped price again. For, the bearish is still ongoing.

Btw, as long as you are holding good coins, not shit coins, you may be calmer, because we know that not all altcoins may survive during this market situation. Many are collapsed and being shit coins. But for somecertain coins, they may be able torise up again in the next bullsih season. And if you are a long term holder, just be calma dn don't panic witht is situation. Holding them tight is better right now.

R


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July 01, 2022, 02:17:18 AM
 #25

It's not a new thing to happen like this, almost every crypto market shock occurs there are coins that become victims. I am looking more towards natural selection going on in the crypto world, we will see in the end only coins that have strong and effective fundamentals will be popular and successful
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July 01, 2022, 03:06:30 AM
 #26

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.


There are a lot of altcoins out there and only a few can survive the rest are shitcoins. As long as the market is bearish, the altcoin's fall continues and many are dead. the market correction is likely to continue and bitcoin may fall even further. so my advice you should be careful when investing in altcoins, consider first using your knowledge before deciding to invest

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lobo13hf
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July 01, 2022, 06:33:15 AM
 #27

Nothing impossible in the crypto. If sometime the project was worth a few millions USD on its marketcap and im sure that if it can go even lower like only hundreds of thosands USD. This is crypto even a project like luna which was worth multi billions USD can worth zero value right now.
So, is there something wrong with it? if you are feeling worry with it and you shall stay away from the crypto. If there's no volatility and people can't make money from there.



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Godwinpaul
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July 01, 2022, 06:43:27 AM
 #28

It would be impossible to predict the outcome of the market in the next few months, even those who are great technical analysts of the market, tends to run in to trouble sometimes because of the incoherent outcome that the market could give. The issue of the bear market is still active and the possibility of continuing downfall can be expected.
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July 01, 2022, 06:59:47 AM
 #29

It will be fluctuating around and can fall even more, as all guys before me said "it's bear market and in crypto everything is possible". Keep in mind that all the things  you gather now and survive the bear market, will rise again  Roll Eyes
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July 01, 2022, 07:19:51 AM
 #30

Goldman’s Sachs analysts pegged the probability of a recession within the next year at 30%, up from their previous forecast of 15%. Over the next two years, the analysts say there’s a roughly 50% chance of recession.
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July 01, 2022, 07:27:32 AM
 #31

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.
I see the bear market continues at this time, I think the bear market has not found the desired point, this continuation is still a mystery, to the deepest point.

This allows ordinary investors and traders to go deeper to determine which coins they want to invest in in the future.


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July 01, 2022, 07:35:58 AM
 #32

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.
I see the bear market continues at this time, I think the bear market has not found the desired point, this continuation is still a mystery, to the deepest point.

This allows ordinary investors and traders to go deeper to determine which coins they want to invest in in the future.
to go back down I think there is still a possibility, or for example this is the last point it is also possible to happen, no one knows for sure, we can only prepare if it really happens, what steps to take. Many things determine the trend, of course the price formation from selling and buying which is influenced by many factors, for example news that can affect the psychology of investors.

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July 01, 2022, 07:40:00 AM
 #33

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.

In this market there are no promises. I'll advise you stay away to avoid getting burnt. The present situation could be the beginning of more downfall or the end, no one knows. So to be on the safe path, don't invest anything you cannot afford to loose and try staying away from altcoin with low market capitalisation.
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July 01, 2022, 07:44:39 AM
 #34

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.
I see the bear market continues at this time, I think the bear market has not found the desired point, this continuation is still a mystery, to the deepest point.

This allows ordinary investors and traders to go deeper to determine which coins they want to invest in in the future.
It seems that the bear market will continue for some time and make us patient again to wait for the bullish season,
most importantly don't panic and make this a moment to buy coins,
just keep abreast of the movements and developments of the crypto market

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July 01, 2022, 08:01:27 AM
 #35

Expect more fall.
I don't see the reason yet for a pump to happen. There's just no big event that is happening in both Bitcoin and Altcoins yet. I guess I am lucky my portfolio is not down by 95%. I have two NFT coins that are not affected much by the big bears that are happening. Although, it was dumped way before this bear market happen, so that might be the reason why it won't move much anymore.
I cannot even suggest anything to my friends anymore. Holding their altcoins, was their only choice.

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July 01, 2022, 08:29:56 AM
 #36

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.
Judging from the current bitcoin price movement, which is having a little difficulty rising past the $30k level, it indicates that there is a possibility that this fall will continue for the next few months maybe even until the end of the year, especially if we look at the history of bitcoin price movements from year to year. usually when entering the month of December bitcoin will experience a price correction because it is caused by large selling pressure from investors, so I think in the current situation it is better to refrain from buying large amounts of coin because there is still a possibility that the fall will continue .

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July 01, 2022, 10:40:08 AM
 #37

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.
As we are in a bearish cycle, I think there could be more projects that are going to suffer. Just look at the last bear market in 2018, I think around the ball park number as well, Ethereum as a example went down hard, below $100, so imagine the rest of the altcoin. Some are dead already, others survived but they have been replace by new projects. So yeah, downfall is possible, even bitcoin has been predicted to go at least as $13k. So expect the worst to come this year or next year.

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Questat
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July 01, 2022, 12:02:02 PM
 #38

Expect more fall.
I don't see the reason yet for a pump to happen. There's just no big event that is happening in both Bitcoin and Altcoins yet. I guess I am lucky my portfolio is not down by 95%.
That was obviously our market view. We have to prepare for the possible downfall rather than being too exaggerated about it as to whatever we do, we can't make a change the situation.

I know that we don't want this to happen, yet we find this a great opportunity to start our journey in crypto. It can't be appreciated right away, not all do especially at this time as we can't make a profit immediately. However, if we clearly understand the situation and are able to adapt to the nature of the market, definitely it would change.

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July 01, 2022, 01:49:14 PM
 #39

By looking at what has happened to the market at the moment I think there is still little chance of another fall.  I haven't seen any good trend in cryptocurrencies.  Right now everything is still a blur.  But I believe if they are indeed a good coin I will also try to invest in those coins or tokens.  Because I believe right now is the lowest point in the decline in the price of cryptocurrencies.

the right timing to buy is really unpredictable and to wait is crucial because you could buy when the price has not yet stopped falling, so it's better to wait at this time. But if you are willing to invest in this kind of scenario, then you don't have to wait for another fall since it might or might not happen. The sure thing is you will gonna need to hold whatever coins you buying even though it hits its record-breaking downfall and always remembers that don't push too hard, just invest only what you can afford to lose.

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July 01, 2022, 02:47:24 PM
 #40

Downfall still possible? the answer is YES it can still happen, because inflation is everywhere,
this is what makes everything go down, including cryptocurrencies,
what makes it worse is that cryptocurrencies have turned to a bear market, so this will make the downfall effect much worse,
and we can see it now.

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