Post
Topic
Board Altcoin Discussion
Topic OP
Bear markets are a time for building, development and research
by
bbc.reporter
on 30/05/2022, 04:18:19 UTC
I saw a thread suggesting that new coins will bring big profit. This is true, however, these new projects that might bring big profit are harder to find during a bear market. This is not anymore a market where you can buy the most stupid coin similar to memecoins and profit 100x. This time we need to do more research on the project what it does, the tokenomics how much coins or tokens are issued and how much are emitted daily, weekly or monthly and the development team if they are good and if they have enough funds to develop the project all throughout the bear market.

Also, it is important that you should not be wasteful with the money, bitcoins or stablecoins you have left for investing. The market might be bad for months, years or longer. Be cautious and do the research. Invest in good development teams.