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Author Topic: Downfall still possible?  (Read 1767 times)
tjtonmoy
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July 01, 2022, 03:30:22 PM
 #41

The bear market helps clean the market from poor and scam projects. You need to focus on projects which have made their impact on the market and still standing strong. The bear market and crypto winter will be over. So get some good crypto in your bag and sleep.
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July 01, 2022, 03:37:30 PM
 #42

Yes, it's possible and it already happened before. Nonresistance coins could even lose their value during a bearish market. We must only invest with strong potential coins that could resist the bearish season. We could expect worse or better because the movement of the market is very unpredictable.
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July 01, 2022, 03:39:48 PM
 #43

I'm sure as long as there are no attacks, or any fatal problems from internal projects, even if the project is down very far, it's okay. It's like how projects deal with bear market cycles, they will give very big discounts to buy. But if there was an issue that would result in a huge loss of a project like what happened at Terra LUNA, it's possible that they really did sink.

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July 01, 2022, 05:53:46 PM
 #44

Yes, it's possible and it already happened before. Nonresistance coins could even lose their value during a bearish market. We must only invest with strong potential coins that could resist the bearish season. We could expect worse or better because the movement of the market is very unpredictable.
The turbulent bearish season is quite confusing for many people, so it will be very difficult to find the strongest point to make a price reversal. So when making a purchase entry, you must be right by installing the portfolio share option, don't do it all.

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July 01, 2022, 06:15:49 PM
 #45

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.

If the coin price increases it is possible, then a drop is very likely. These two things are inseparable. The current market conditions are falling, especially with the price of Bitcoin which has fallen to 2/3 the price of ATH. If the price of Bitcoin goes red, alt will not stand still, of course it will go along with Bitcoin. Maybe this condition will improve soon. But my prediction will take one to two years.
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July 01, 2022, 07:26:31 PM
 #46

Now, if there is a further decline, the number of investors in cryptocurrency will decrease a lot.Investors are losing money day by day. People now have very little confidence in cryptocurrency.The market is dumping day after day, the top 10 coins are falling now.If the market is dumped in this way, people will lose their basic money and become poor.It will reduce the confidence of investors like us.There are very few investors do not think about all this fall.Currently most people are reluctant to buy coins.So I think there is no possibility of falling.I hope we will see the bull market soon.

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July 01, 2022, 08:13:37 PM
 #47

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.
These very good coins are not so good if it have already lost 95% of their value. Will there be a further fall? Why not? Prerequisites for a change in the bearish trend are not expected in the near future, so these good coins may lose all 99% (or 100% and died). A falling market has always been merciless for the altcoins and this is a bad time to hold it. Even if the trend changes, it will take a long time to restore the previous levels of altcoins, if at all.

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July 02, 2022, 03:04:32 PM
 #48

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.

Easily.  Most of these coins will literally stop trading and go to zero.  They were literally made to just make profits for people and aren't needed in the market.  People will just move on.  Big drops still incoming.

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July 02, 2022, 06:00:15 PM
 #49

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.

Easily.  Most of these coins will literally stop trading and go to zero.  They were literally made to just make profits for people and aren't needed in the market.  People will just move on.  Big drops still incoming.
Some altcoins and shitcoins are know for giving massive profits when the market is green. They can do x10, x20 as the case may be. But one notable thing is that during the bear, they also make -20 and more. A season like this shakes many projects off the market and only few lucky ones and the ones that has good road map and usability survive the blood bathe.
Meanwhile, the King hasn't gotten any strong support, so there is possible downfall, you never can tell. So, invest only what you can afford to lose or keep for a very long time.

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July 02, 2022, 06:41:16 PM
 #50

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.
Maybe we would see more downward price drop or maybe not. During the last bear market season, Bitcoins price dropped about -85% but the price is currently around -74% and if the market were to continue to drop to around the same level as the last bear market, BTC price could be around $10k which I am thinking might not happen. However, buying now wouldn't hurt much I would say.
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July 02, 2022, 07:01:14 PM
 #51

If you look at the BTC chart, it looks like it could fall even further. I think it fell to $15000, When the price fell back to $17500, the hope was that it was the bottom, But From there the price goes up and it has receded a little before 22,000 and it is coming down slowly again, it seems that it will go down further. If we look at today's chart, there is a very slow movement. So, we can see a good movement tomorrow, because this is the silence before the storm.
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July 02, 2022, 08:48:38 PM
 #52

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.
Yes it is still possible, if i compare the current situation with the last bear run i feel that the alts can still bleed alot from this point as many of them had actually gone 100x initially so now in the bear run they will definitely get screwed a lot. But this will just act as a launchpad for the next bull run as once again they will try to go to 200% during the next bull run for sure.
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July 03, 2022, 01:48:42 PM
 #53

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.

Of course they can. They might even lose 99% of their value. If bitcoin continues to fall now, then altcoins will rush after it, only even harder, but it might be a good time for ivnesting. As you know, new or relatively new projects don't have enough support, so they can fall, roughly speaking, almost indefinitely. But that does not mean that they will not grow back, especially if the projects have not yet unlocked potential and strong support from various funds or large venture capitalists.

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July 03, 2022, 07:48:46 PM
 #54

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.

Of course they can. They might even lose 99% of their value. If bitcoin continues to fall now, then altcoins will rush after it, only even harder, but it might be a good time for ivnesting. As you know, new or relatively new projects don't have enough support, so they can fall, roughly speaking, almost indefinitely. But that does not mean that they will not grow back, especially if the projects have not yet unlocked potential and strong support from various funds or large venture capitalists.

Yes, agreed and moreover, when BTC falls 3 - 5%, most altcoins drop much more. We will likely see another btc dip sometime in July.
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July 03, 2022, 09:07:35 PM
 #55

If you see Metahero has fallen more than 95% of the ATH that has been obtained by the token, but Metahero is listing during a bull market so the price continues to increase so the price may fall deeper if Bitcoin continues to decline, but I'm still optimistic this token can still survive even though the bear market continues because the trading volume on Pancake swaps is still relatively high in the last 24 hours.

I think Metahero will continue to dump.  One of the possibilities is the unsustainable reward system.  Just like what happened in Axie, they produced too much SLP and now they don't know how to get a fund to support the ever-increasing supply of SLP.  Aside from that lots of investors just had enough so they moved away from the project resulting in more dumping of the token price.   I think the same thing will happen to any NFT or altcoin that has an unsustainable reward system.  Worst, the current bear market won't help but rather adds up to the load that will continue to dump the price of the project token.  Many will survive but the question is whether this dump altcoin will recover its previous value

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July 03, 2022, 09:36:32 PM
 #56

This is how bearish market happening. We cannot deny that mostly our portfolio assets dropped very drastically more than -70%
We cannot do many things if we are holders, just hold our coins. If we are traders, just continue our trading activties by utilizing the up and down market every time. But, we don't need to panic because panic will only make you lost.
Nothing to panic, just be calm because I believe that the market will be on cycle and rise up again heading to bullish later.

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July 03, 2022, 09:41:53 PM
 #57

~
What can we say? It is just those coins that take advantage of the bullish market and I am not sure why would people really want to hold these coins thinking that the 10x or 20x are even something worth holding for and after that, they would go -tive during the bearish season.
I imagine that many projects already died at this time and people are still holding into them.
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July 03, 2022, 10:37:55 PM
 #58

I guess it doesn't matter if an altcoin already down 95% it could definitely go down even further if the down trend still going. The current circumstance of the market trend is still unclear, so basically even if you want to accumulate for your investment
you should just choose the great quality project.
Instead I think some of the NFTs project could hardly regain its value if bullish hasn't yet to come because they are heavily dependent in the bullish trend.

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July 03, 2022, 11:05:28 PM
 #59

When the Bitcoin market fell, altcoins experienced a very deep fall, which was very natural, because actually Altcoins always follow Bitcoin developments, so some of the altcoin assets that we hold will get a very large decline in value, so if we get something like that then the thing we to do is continue to monitor developments that occur in the token project whether the team and developers are still optimistic and continue to improve the quality of their products so that when the token rate is below we can buy it back to add to our portfolio.
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October 19, 2022, 09:39:35 PM
 #60

Some very good coins out there have lost 95% of their value already is it possible to see more down fall?

Luna has been a case study when referencing altcoins that resulted in bad investments for some investors. It was a good coin for its investors before its massive fall. Despite that, I only encourage individuals with true enthusiasm for crypto to invest in Bitcoin. Lots of altcoins don't seem to survive the test of time. Looking at when you created this post till today, lots of altcoins have dropped investor funds nearly to nothing.

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