Post
Topic
Board Speculation (Altcoins)
Re: Can you invest in ICO in bear market?
by
poncik
on 31/08/2018, 23:16:06 UTC
The hardest time to invest is in a bear market. You end up purchasing little amount of tokens for more ETH or BTC. But it's also a good time for projects to collect good sums of money during their crowdfunding, as ETH or BTC goes up, so does the value of the funds raised.

The question now is, will you invest in ICOs, or stick with investing in market dips (buy low, hodl and wait to go up and sell), or simply trade in bear markets?

The bear market is giving great opportunities. But you shuld be very careful about making a decision between making an investment in an ICO or an altcoin.

If I had had some money to make investment right now, I would choose a strong coin like ethereum.