Altcoins that are released in the bear market have a high chance of bringing good returns than those that have already surged high in a bull market, this is what a friend told me this morning, do you think this is true? He used Vulcan forged as an example
In my opinion I don't think this is true, it depends on the coin, altcoins that is being released in bear market definitely have a low chance of producing multiple x returns, if the marketing and utilities are top notch it is likely bear market will not affect it that much, on the other hand altcoins that have soared high during bull season will definitely retrace those in profit will definitely take out profits or sell everything, the best option is to watch and wait for reversal to bull, bear market is very tactical in trade most especially if you are a newbie