Downfall still possible?

[Finestream]

At the moment, the majority of tokens and coins, including bitcoin, are moving in a somewhat stagnant manner, with little to no meaningful movement. People are currently waiting for the next movement to occur before they can forward with their plans.

And there's the most recent news again for bitcoin because it goes to $20k again. But I know that it won't be long that it'll start to get back again to $19k eventually.
This shows that there's some reasons for this pump and eventually when those prepared sell orders have been filled, we're going to see a pullback from the support of it.
And that's very likely to happen so, many are already happy with these slight increase but it's going to be temporary and will definitely come after with a decline.

I think this is not new to us as bitcoin always create a price decline or move sideways every time it hits a new peak price. So weak hands will probably panicking again and start selling their coins to avoid future losses. However, for strong hands this is even an opportunity to think so that they can start buying again for long term hodling. The good thing about bitcoin is, no matter how deep its price falls, it will always recover again and surge high once again.

[1714767273]

1714767273

[Wakate]

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?  :I downfall still possible? For example Metahero.

I don't really know the next move of Bitcoin but I think many of those projects that had lost a great percent of their value may not be able to move well again because many traders would have sold their holdings and move to other coins. The crypto make is moving and revolving not on a single project but different ones that are emanating from various angles of the crypto market. We need to keep buying and relax because the dip will not remain like that for long. Price is going up gradually and we just relax and keep holding for a better tomorrow.

[JoyMarsha]

There is this breath of air crypto is experiencing now. Don't know whether it will last or not. Bitcoin is about to shoot herself above $20k. If bitcoin succeeds to break the resistance of $20k, then expect an upwards movement in altcoin price. If it doesn't, expect more downgrade of the altcoin price till next year. All altcoin depends on bitcoin for survivors. None survives when the price of bitcoin is down

[RealMalatesta]

Now, it's not just about the basics; it's also about how the developer teams will strategize their way through the winter. In response to your inquiry, this line of reasoning leads me to believe that there is, indeed, the potential for a further decline. At the moment, the majority of tokens and coins, including bitcoin, are moving in a somewhat stagnant manner, with little to no meaningful movement. People are currently waiting for the next movement to occur before they can forward with their plans.

I'm not really sure what you meant, I mean they should developed, the strategy part is with the CEO or any other management team behind the project. And I think that's one downfall of any project because everything was rolled into one for the developer, they become the programmer, the marketing arm and every, that's why the project failed in the beginner.

And as investors, we should prepare for the worst specially in this bear market.

There is definitely some problem with teams who try to do everything themselves. If you are looking for a good project, it needs to have 1 thing that is clear, which is funding. If they have proper funding way before they start, and then they end up hiring people, and not just one person, I mean people as in group of people for each position they need, then they will become better. Having 3-4 developers, 2-3 designers and then 5 people for all else (marketing and community and social media etc) means that they are actually working on it.

However, most projects are one man operations, or 2-3 people at most, all of which try to build it from their skillset and be partners together, instead of hiring people who would be actually capable of doing something.

[Viscore]

Yeah but people must aware despite the fact that if bitcoin is still doing sideway and downfall can come anytime just like when bitcoin was dropping below 19k. People must not feel scared for that but newbies will be continue to panic sell their tokens.
It can be seen from how many coins got negative result once bitcoin was only dropping around 1 percents which doesn't even make sense to see that.

Because many people don't understand how the market works. The big players never buy at the top of the market or during the ATH, but instead lock in profits. Newcomers do the opposite. Big players always buy during panic sales and actively use a hoarding strategy. Beginners do the opposite, they maximize their selling during sell-offs and buy nothing. This psychology works in all financial markets.

That’s probably the main reason why people leave suddenly from the market with a heavy heart due to big losses. Since they don’t understand the market well, then they also mistakenly invest in projects that are never reputable at all and have never proven their significance over a period of time. While good projects continue to surge high and create good prices, these weak projects will always bound to fall. Although some good projects have chances to fall in the future too, but most likely it’s the unreliable and weak projects that do not survive for long.

[cheezcarls]

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?  :I downfall still possible? For example Metahero.

Unfortunately it's possible for any altcoin like what you have mentioned. There are no guarantees or astronomical guaranteed returns for any cryptocurrency (except stablecoins unless de-pegged like Terra Luna's UST) that are subject to market volatility. It can go up or down anytime without warning, because it is unpredictable.

Even if you are so good in technical analysis, reading charts, predictions or so, the only master is the market itself and has the final say in the end.

[TheGreatPython]

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?  :I downfall still possible? For example Metahero.

Unfortunately it's possible for any altcoin like what you have mentioned. There are no guarantees or astronomical guaranteed returns for any cryptocurrency (except stablecoins unless de-pegged like Terra Luna's UST) that are subject to market volatility. It can go up or down anytime without warning, because it is unpredictable.

Even if you are so good in technical analysis, reading charts, predictions or so, the only master is the market itself and has the final say in the end.

I think what he was saying is too volatile. 95% or more drop for a very good coin is impossible. There are cryptos who dropped like that but they aren't consider as a very good coin, rather they are a shitcoin or a pump and dump coin. Very good coins like btc and eth can give us a guaranteed return as long as we hodl them for a long time.

We can stake stable coins to earn stable rewards but I think the reward that you will get for a long time of staking is only small. This is why many have questioned it and are making fun out of it. Analysing and reading charts are not enough but you also need to watch the news more often or watch the update of the coin you are following so that you will be aware if it's collapsing or not.

[Reatim]

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?  :I downfall still possible? For example Metahero.

your example shows that you are believers of shitcoins .


best  to take this advantage , buy while the market is cheap and try to accumulate as much as you can so in time of growth all you hjave to do is harvest your profit.

Downfall may happen but never focus on that because there might be some good things to come specially now that year is in near end.

[Pamadar]

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?  :I downfall still possible? For example Metahero.

Unfortunately it's possible for any altcoin like what you have mentioned. There are no guarantees or astronomical guaranteed returns for any cryptocurrency (except stablecoins unless de-pegged like Terra Luna's UST) that are subject to market volatility. It can go up or down anytime without warning, because it is unpredictable.

Even if you are so good in technical analysis, reading charts, predictions or so, the only master is the market itself and has the final say in the end.

Good point, the market decides the direction he wanted to proceed, even you understand well how the charts works
but there are influences that affect the market movement that you can't read from the chart.

More on your own adjustments and how will you take your chances in each project
that you'll going to support. Make a good use of your personal experienced and keeps
your eagerness to learn more for better predictions of the possible market run.

[MainIbem]

The market is unpredictable so more downfall is possible and I advised you to make your proper analysis before investing of buying at dip. Don't be surprised we could face more dip anytime soon, the market just gain a little momentum few day again and this could likely be a bear trap.
There are some good projects that has a solid team that could sustained the market without losing any parentage.

[livingfree]

The market is unpredictable so more downfall is possible and I advised you to make your proper analysis before investing of buying at dip. Don't be surprised we could face more dip anytime soon, the market just gain a little momentum few day again and this could likely be a bear trap.
There are some good projects that has a solid team that could sustained the market without losing any parentage.

If you've been closely in the market for the past several years, you'll always have it on your mind that the market can have that downfall at most times.

No matter how good your analysis are, they're always going to be unpredictable and the coins that you're holding, if they're random then see to it that you'll see them unexpectedly move out of your sight.

[Captain Corporate]

I highly doubt it, it doesn't look like it would be that much of a possibility. I am not saying that there won't be any drop at all, there could be some drop but it wouldn't be like a "downfall" levels of it. In the very distant future when we break over the ATH price then we are going to end up with some sort of downfall again, but up until that moment we are going to be small downs and big ups until we break over the ATH and reach to a great price. This will take a while, its not going to be tomorrow but if you could wait for it to happen then you shall be rewarded for your patience and you will make a big profit.

[livingfree]

The market is unpredictable so more downfall is possible and I advised you to make your proper analysis before investing of buying at dip. Don't be surprised we could face more dip anytime soon, the market just gain a little momentum few day again and this could likely be a bear trap.
There are some good projects that has a solid team that could sustained the market without losing any parentage.

If you've been closely in the market for the past several years, you'll always have it on your mind that the market can have that downfall at most times.

No matter how good your analysis are, they're always going to be unpredictable and the coins that you're holding, if they're random then see to it that you'll see them unexpectedly move out of your sight.

Honestly, analytics in cryptocurrencies doesn't work when the coins are just pumped and dumped, manipulated by underground forces. Best during this bear season to lie down and just focus on bitcoin, other coins are not worth the investment and analysis will not work for you. Don't be naive anymore.

It still does work if you're going to take a look at its background. That will give you an idea that it's just a pump and dump token and is barely going to be alive again.

As for that strategy to get into bitcoin, we've been telling that to the many and how many are listening? They are having that thought of riding the pump of the next altcoin that might grow as the others in the past.

And that's why they're willing to bet on it because that's their thinking and they don't look at the opportunity that bitcoin is setting.

[MainIbem]

If you've been closely in the market for the past several years, you'll always have it on your mind that the market can have that downfall at most times.

This made me remembered 2017/18 bear market were many projects sink down and never succeed again, most at times whenever I tried picturing what happened it made have to apply extra carefulness because anything is possible in crypto market. Just take a look at today what is going over the last few days we have seen lots of coin gaining lot of percentage in the market and I believe if care is not taken it might like be a bear traps.

[livingfree]

If you've been closely in the market for the past several years, you'll always have it on your mind that the market can have that downfall at most times.

This made me remembered 2017/18 bear market were many projects sink down and never succeed again, most at times whenever I tried picturing what happened it made have to apply extra carefulness because anything is possible in crypto market.

That year won't be forgotten. It's like the gold rush during that time because of the ICOs and then there's the sudden crash that many have said it's the bubble that has bursted for the crypto market.

Lessons have been learned since that although there have been other years in the past that the same thing has happened. Although that was a remarkable year and many knew about it even the no coiner folks.

Just take a look at today what is going over the last few days we have seen lots of coin gaining lot of percentage in the market and I believe if care is not taken it might like be a bear traps.

Just always think of it that it's possible there's the trap for everybody.

[dbc23]

Unfortunately nobody can tell you for sure. This is crypto and some big news may suddenly change the market over a few days although most likely we will hit another floor in July.

Yeah even now in November it is hard telling if we will still have more dips this month despite price surging for new highs. News can change the direction of the market and cause a rapid sharp turn in price movements. Bitcoin in July had best crypto month for 2022 the month ended with a 17% surge closing at $23,000 despite been a very volatile month. November is looking bullish with new short highs but it can reverse by the middle of the month.

[Pamadar]

Unfortunately nobody can tell you for sure. This is crypto and some big news may suddenly change the market over a few days although most likely we will hit another floor in July.

Yeah even now in November it is hard telling if we will still have more dips this month despite price surging for new highs. News can change the direction of the market and cause a rapid sharp turn in price movements. Bitcoin in July had best crypto month for 2022 the month ended with a 17% surge closing at $23,000 despite been a very volatile month. November is looking bullish with new short highs but it can reverse by the middle of the month.

The possibilities are still there as we can't really tell whether this good market run can be sustained,

or it's just another artificial pump to allure investors to throw their money inside the market and, afterwards, we will see another massive dump and pull the market again. It's tough to call that the bear is already on its way to leave and the bull is starting to enter. Anything can still happen. It's needed to be ready for whatever the direction will proceed.

[kurniawan05]

I hope there will be no more downfalls, the market has started to improve and there is also a lot of good news about the blockchain world, one of which is news about solana and google.

[Reatim]

The market is unpredictable so more downfall is possible and I advised you to make your proper analysis before investing of buying at dip. Don't be surprised we could face more dip anytime soon, the market just gain a little momentum few day again and this could likely be a bear trap.
There are some good projects that has a solid team that could sustained the market without losing any parentage.

If you've been closely in the market for the past several years, you'll always have it on your mind that the market can have that downfall at most times.

No matter how good your analysis are, they're always going to be unpredictable and the coins that you're holding, if they're random then see to it that you'll see them unexpectedly move out of your sight.

Honestly, analytics in cryptocurrencies doesn't work when the coins are just pumped and dumped, manipulated by underground forces. Best during this bear season to lie down and just focus on bitcoin, other coins are not worth the investment and analysis will not work for you. Don't be naive anymore.

as Long as you can handle the dump , or i mean you can manage to keep holding , then yes Bitcoin is the perfect one in this kind of market as we are looking to what the act of Dogecoin recently , it is an obvious or best example of how Pump and Dump works in this market.

so best to set aside BS coin and only rely in the functional one.

Ethereum and Ripple is much better option together with Binance coin.

I hope there will be no more downfalls, the market has started to improve and there is also a lot of good news about the blockchain world, one of which is news about solana and google.

here is the answer mate and I think opposite from your wishes .

https://coinmarketcap.com/

[bitgolden]

as Long as you can handle the dump , or i mean you can manage to keep holding , then yes Bitcoin is the perfect one in this kind of market as we are looking to what the act of Dogecoin recently , it is an obvious or best example of how Pump and Dump works in this market.

I do agree that it’s against his wishes, there is a "down" right now in the market. However, it’s still quite fine, I mean its above 16k which is all we can ask for, I am actually fine up until it’s over 16k, if it goes under 15k thats where I will be a bit upset, but I have a medicine for that.

I would buy some more, even get a loan if I have to, and buy some more at under 15k, and that will make me happier because I would be doing great DCA at that point. For the past year or so, my DCA is so amazing that I nearly reached 10k profits already, which means it is going to be amazing when the price increase, I am going to be quite rich, well not rich to many people but rich compared to my current life.