Hello everyone. How are you doing, and how is life treating you? I hope you are all well and having a good time with your loved ones. In this post, I'm going to talk about some strange things about some popular and good cryptocurrencies that will never reach their all-time high unless something good happens. This is a confusing and difficult time for any investor to select the best coin for the long term. Choosing a coin is not difficult, but selecting the best one that can provide you with a profit is much more difficult.

CRYPTOCURRENCIES LOSING MORE THAN 90% OF THEIR VALUE

The markets experience ups and downs, which is normal for altcoins. We have a bear market every year, and that is the time to invest. When the bull market begins, it is time to book profits. It's similar to harvesting, which you do during specific seasons to help plants grow faster, and then you only get the fruits. The same thing happens with cryptocurrency, and you feel better when the market is all red. Accumulate your favourite and best coins at that time and sell when the market appears to be green. However, never choose any coin that appears to pump because they are all scam schemes that will never make you money.

Some cryptocurrencies have nearly lost more than 90% of their value. I don't want to point out figures against such coins, and I am never in favour of disparaging any company or technology, but what I discovered and studied, I will share with you. These coins that have fallen more than 90% are extremely vulnerable to collapse at any time, and their teams have already dumped the majority of their holdings and cashed out. They are simply displaying a small pump to give the impression that the coin is still alive and has the potential to pump very soon. There are fake manipulations that they want to play with your money, and people with less knowledge become trapped by their strategy.

Some coins that have fallen more than 90% are

• Ripple (XRP), which I have never seen any good points from and have seen it fall and fall all the time. It has almost lost 90% of its value. It will be very difficult for this coin to reach its all-time high because it will need to go 20X up, which is not possible for a coin that has dumped its entire life. The rest are DYOR!

• ZEC is another coin that has fallen more than 90%, and it will require the same recovery as Ripple. They are now counted as shitcoins and have no chance of reaching all-time highs. Some people are holding the coin that they purchased from the range when it was at its all-time high. It is preferable for them to exit the coin and begin investing in other good coins with the potential to 20X.

• TRX is yet another scam coin that will never reach its peak. This is a centralised coin, and the owner must sell all of his or her holdings. This coin's value will not rise significantly. This is somehow related to steem, which is a dubious coin.

• ADA is also on this list of stocks that have lost more than 90% of their value. But, to be honest, it has the potential for a comeback due to the good technology backing it. However, for the time being, this coin has also died.

BIG DADDY BTC WILL DECIDE ON THESE COINS

Anyway, we know that these coins are dependent on BTC, and if BTC continues to fall, these coins will fall further, and if no new money enters the space, these all-time highs will be a long way off. However, if BTC makes a comeback and the trend changes, these coins may recover some of their value. However, it is a long way from reaching its ATHs, and only you can reduce your loss. According to cryptocurrency research, nearly 80% of altcoins will fail and their companies will be destroyed due to fraud and inadequate backup. This is how you must select a coin that will last until the next bull cycle.

This market is a great resource for finding good coins to invest in that have the potential to go more than 20X and provide you with massive profits, as I have discussed in previous posts. You should read the post to find the best coin to invest in for long-term profit in 2022. Many predictions are being made on Twitter, with everyone presenting their coins as having the ability to move 5X. They are all deceiving you because they are enslaved to that coin and want to get out of it by enslaving you. They're using a beautiful chart pattern to entice you and make you want to buy something.

This is an attempt on my part to raise your awareness of cryptocurrency and encourage you to invest your money wisely. I hope this post was informative for you and that you enjoyed it as well. If you find the post useful, please reblog it so that it reaches as many people as possible and that they can benefit the most. Also, remember to upvote, which will help me financially and grow my account. Please feel free to ask any questions you have about the topic, and I will do my best to answer them.

• NOTE: PICTURES ARE TAKEN FROM CANVA AND EDITED IN CANVA.

DISCLAIMER

Please keep in mind that I am not a financial advisor. Never, ever take anything I say as financial advice. Conduct your own research. Before making any investment decisions, consult with a professional investment advisor! My posts are strictly for entertainment purposes!!

Thank You!
Best Wishes.

Posted Using LeoFinance ^Beta

Posted Using LeoFinance ^Beta