During a bear market, almost every new project is going to fail immediately.
The funds required for the startup to begin will not be there, investors will not fill the presales, and scams will rule.
What could have a small chance to succeed, now has zero.
It takes backing from big exchanges and connections with investors for a project to succeed.
Having said that, I never stopped looking and will keep investing during the bear market appropriately.
But for anyone that considers leaving, know that this market will reward those that stayed. It is the time to educate yourselves.
I've seen even silly spammers changing their ways and realizing there is a lot more everyone can offer by changing their ways.
For now, it is the time we count losses, but also we strengthen and rise to the challenges we face.
Besides the new cryptocurrencies, from my perspective, I'd look more at cryptocurrencies that hold utility, keep developing and have a serious community.
Can't able to get what you're trying to say? Yes most projects will fail in the bear market but not many of them will be ready to launch their project if its legitimate when the condition is not favourable for them so we can assume that any projects will come at these time has higher chances to be a scam one.
About the existing project its the best time to get because we can get them for cheaper so then we can sell for higher price later.