I don't think all the cryptocurrencies in the bear market are bad. On the contrary, I think there are more cryptocurrencies in the bear market that are worth buying because their prices in the bear market are always very cheap!
It is useful for 50 percentage of users because previous investors are already loose the hope in crypto investment. So confidence level is reduced in this scenario and all the coins are bleeding so bear market is never affect anymore in this month. Some coins are completely down in the market so that kind of crypto currency is useless in current market.