Post
Topic
Board Altcoin Discussion
Re: Can some AltCoins pump during bear markets ?
by
24Kt
on 21/05/2022, 22:44:40 UTC
For those who lived during the past bear market ( 2018 /2019 ):

Can AltCoins go against the larger trend and actually pump nicely during a bear market ?
The chance is very small.
So far, I didn't find this that is pumped during the bear market moreover can survive at the top price. Except that the pump is influenced by the FOMO. So, it will be probably. However, if this is so, it means that you must be careful in this project because commonly the pump will be only a few moments. The least is that the price will dump and keep dumping until becoming shitcoin. Yes, that is the common fact happened to some new projects during the bearish market era.

Patient investors are waiting for the bear market to sell their tokens.
Honestly, I can't think about this, how can patient investors be waiting for the bear market to sell? COmmonly, in a bear market, they will hold the coins and wait for the bull market to sell right? because bull market will be commonly identical with pump price, right?

Once this kind of coin is pumped, expect that it will go downhill fast with no recovery on the horizon. Also, you can see the trading volume of the coin being pumped. Because if it is only small, it means, a group or the team is manipulating it in the market to deceive some traders that they are having high percentage of change in the market. But if you look at the volume, it is only small. So you should not be tempted of investing on that type of coin. Because you will find our real quick that they are for short term gains.