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Rockstar3 (OP)
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August 12, 2022, 01:31:39 PM
 #1

I bought many tokens, the price is now much lower than the money I bought it with. Is there a possibility that the market will rise in the future?

 Welcome and recommend me please
jackg
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August 12, 2022, 01:36:51 PM
 #2

What did you hyg them for and what hve they dropped against?

Did you buy ICOs and have they fallen against btc and eth? If those two were true then I think there's a chance you've made a loss more permenantly and it's probably worth looking at what you did wrong to try not to repeat the same mistake.

If you didn't buy an ico and just bought a coin that was hyped then you might be better off holding some of the coins (and transferring the majority back into btc) as we might see similar runs again but price might drop a lot too between now and then.

If you bought coins you thought would do well but didn't, this is the one that's going to be harder to assess. If they've still got an active team and they look to be doing things and coming up with new ideas then you might be better off holding the coins. If not then you'll be better off selling them - especially if they're low volume and low volatility.
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August 12, 2022, 01:38:29 PM
 #3

It would be better if you can mention the altcoins you invested on, so we can give you a better advice about it.

Hope you only invested what you can afford to lose?

I have more confidence in bitcoin because many altcoins can give good return for those that buy at low price, but the altcoins did not reach all-time-high in 2021/2022, but the later might be your case as you invested when the price of the coin is huge, but now low during bear market.

If you want a coin that can reduce in price and increase and reach all-time-high, you should have gone for bitcoin.

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August 12, 2022, 02:23:57 PM
 #4

The whole market is down including bitcoin, so I don't think you should panic, I don't really believe in altcoins you should have invested in bitcon to be on a safer side, hope the money you invested you won't be needing it for now because nobody knows when the market will bounce back. Also hope you can afford to lose the money you invested because anything can happen to the coins you invested in.

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August 12, 2022, 03:00:51 PM
 #5

I bought many tokens, the price is now much lower than the money I bought it with. Is there a possibility that the market will rise in the future?
Of course, it will but still depends on lot of matter, the main reason is its bearish season so what you need to do is to wait, until the price is greater than the time you bought it, simple.

But the main question, haven't you come up that question before buying those tokens? Buying tokens that are not in the top 30 in CMC is considered useless to me and should be taken serious risk if taken for consideration.

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August 12, 2022, 05:26:22 PM
 #6

I bought many tokens, the price is now much lower than the money I bought it with. Is there a possibility that the market will rise in the future?
99% of those altcoins won't ever come back to the old all time high and sooner you realize that, the better. I was in a similar situation back in 2018 when I had bunch of altcoins that dropped much compared to the price it was when I initially bought them. After some thinking I've decided to sell all of them with a loss and it proved to be an excellent decision because if I waited for a new bull market, I would lose way more. Its not easy to sell with the loss, but more often than not it is a right decision.


Buying tokens that are not in the top 30 in CMC is considered useless to me and should be taken serious risk if taken for consideration.
There are bunch of risky and useless shitcoins in top 30 so its not like it is a much lower risk.

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August 12, 2022, 05:28:38 PM
 #7

I bought many tokens, the price is now much lower than the money I bought it with. Is there a possibility that the market will rise in the future?

 Welcome and recommend me please
You bought at the wrong time friend, probably at the all time high so yes it's sure that the value will decrease by now, you lost nothing until you sell those tokens though so do not sell and hold for a while.

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August 12, 2022, 06:18:06 PM
 #8

I bought many tokens, the price is now much lower than the money I bought it with. Is there a possibility that the market will rise in the future?

 Welcome and recommend me please

There's more possibilities that things might go right as expected in the later future but just know this incase of nexttime, as a newbie to cryptocurrency you're not expected to go extra miles investing on NFT, why don't you invest on the real coin (bitcoin) first, by thereafter when you would have grown a thicker skin on investments then you can risk token investment, but just know that the chances for the said invested token you did to rise is under probability,  and should incase it works to your favour luckily then never repeat such but rather invest on bitcoin.
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August 12, 2022, 06:20:17 PM
 #9

I bought many tokens, the price is now much lower than the money I bought it with. Is there a possibility that the market will rise in the future?

 Welcome and recommend me please
Before answering your question I have to know which tokens or coins you have bought.  Because there will be different  answer for each one if you invest in bitcoin or top alt coins then I think you will definitely recover with the market .  On the other hand, there are many alt coins whose supply is increasing day by day and also they haven't any burning system or the burning system is not working at all.  In this case Even if the market recovers , there are many questions about their recovery.

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August 12, 2022, 06:48:35 PM
 #10

I bought many tokens, the price is now much lower than the money I bought it with. Is there a possibility that the market will rise in the future?
The crypto market is on the downside atm, after the peak of late last year. This results in majority of coins losing most of their value, and forms part of a cycle of ups and downs.

Not all coins gain their value after dropping as 90% (and this is a conservative percent) of them are shitcoins which were built on hype. So, there's a 90% chance that the token you own would not regain its lost value.
Always do you own research, before making any investment decision

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August 12, 2022, 08:46:53 PM
Merited by The Sceptical Chymist (2)
 #11

I bought many tokens, the price is now much lower than the money I bought it with. Is there a possibility that the market will rise in the future?

 Welcome and recommend me please

It all depends on the tokens you bought. If they are shitcoins or ICO, it might not return to what it was when the bear market continues. But if it is well known altcoins that you bought, don't bother so much, before the ending of September, btc will get to $30k and your tokens will return to live. Disclaimer - DYOR.

If you are buying any coin apart from bitcoin and some popular altcoins, make sure you enter the market at a good time and do not stay for long without getting out of the markets. Most of the altcoins aren't reliable, you don't need to sleep on them for long.

R


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Gozie51
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August 12, 2022, 08:48:28 PM
 #12

The sad truth is that it is not all altcoins that are good for investment, some are only shit enough to only get pumped from telegram collaboration of the inner community members, team and developers and they pump it, hype it for you to buy and that is all you hear about them. Some of the coins you have bought will not be able to recover again even if the price of bitcoin increase. Hold on to bitcoin when you think of investment.

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August 12, 2022, 08:52:53 PM
 #13

I bought many tokens, the price is now much lower than the money I bought it with. Is there a possibility that the market will rise in the future?

Cryptocurrency fluctuates a lot. If you are new to this world then do not panic and remember only one thing that every investment decision leads to positive and negative consequences. So, make your decision after proper research. Altcoin investing is not easy business, and you need to be prepared to accept losses. The altcoin market can be notoriously volatile, and unless you are an expert in market analysis or you are betting on the right token or coin at the right time, there is a very good chance that your investment will fail. But if you are willing to put in the work, then it is possible to generate substantial profits, especially if you catch a rising token before it climbs too high.

Now, tell us which tokens you bought so that we can tell you if there is a chance for them to recover or not.

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August 12, 2022, 09:28:03 PM
 #14


 But if you are willing to put in the work, then it is possible to generate substantial profits, especially if you catch a rising token before it climbs too high.

If the work to be put in was to be expatiated on to, in the heat of the moment, so as to impart the first recount of a bitcoin investment, I would very much indulge. I have had this incident at the onset when I bought some bitcoin, but due to limited knowledge then, as the value dropped, I exchanged their coins for Fiat.
Now I know better, however, was it wise? 

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August 12, 2022, 10:06:35 PM
 #15

The market is now very down, bitcoin itself is going down day by day, but if you can be patient enough there is definitely a bounce back, it might take months or even a year but it must definitely bounce back. Beside you can mention the altcoin you bought so we can give you advice on what to do.
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August 12, 2022, 10:56:02 PM
 #16

Is there a possibility for the token price to rise in the future? Yes and no because everything depends on the use case, the concept, potential, uniqueness of the token, the problem it solves, and the dev team experience.
Most of the tokens you see in the market that is flourishing are through the token use case and the uniqueness they presented in the market. If a project team finds a problem and solves it in a unique way the crypto community and investors will support their movement.

You should be careful next when you choose your investment and always do the needed research.

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August 12, 2022, 11:45:19 PM
 #17

Dead tokens never make a comeback. Scammers keep creating more of new tokens to get interest of the potential investors, because it's impossible to keep hyping up an old token when people can look at its history and see that it's a failure.

Let this be a lesson that the only safe coin is Bitcoin - it's not going to disappear, it's not going to get replaced by a new coin, and if it will crash to the ground, the whole crypto market will follow, so there's no point in taking extra risks with other coins.
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August 12, 2022, 11:55:32 PM
 #18

I bought many tokens, the price is now much lower than the money I bought it with. Is there a possibility that the market will rise in the future?

 Welcome and recommend me please

If you are looking for an advice, it is essential that you provide all the details necessary for your help. Since you mentioned that you bought "many tokens", please indicate next time which tokens you purchased so that people would have an idea about its information and data.

Due to the lack of complete information, it is somehow difficult to speculate which token may be applicable to your given case. But for your reassurance, cryptocurrencies are highly volatile in price. Either its price increases or decreases depending on the circumstances. Since you mentioned that the price is much lower than the money you bought with it, try having a price threshold of the maximum amount you are willing to lose.

R


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jcojci
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August 12, 2022, 11:58:08 PM
 #19

I bought many tokens, the price is now much lower than the money I bought it with. Is there a possibility that the market will rise in the future?

 Welcome and recommend me please
Depend on the coins.

If you can share some coin names here, maybe you will see many opinions so that can be your consideration to hope that coin can still increase or just sell and not buy anymore. But if the coins you bought have a chance to increase, such as ETH, BNB, SOL, etc., you should hold the coins because someday, the price can increase.
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August 13, 2022, 05:34:59 AM
 #20

I bought many tokens, the price is now much lower than the money I bought it with. Is there a possibility that the market will rise in the future?

 Welcome and recommend me please
If this coin is in top 100 cmc then this is not alarming at all this is normal in bear market wait for the cycle but if you are talking about shitcoin holdings with no active devs and no updates at all you have to worry about it, you may cut your losses or still hold and trust.   

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