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.
Bear market brings a lot of great opportunities but not everyone sees its worth, as most of the newbies prefer bear market as something that create panic selling and losses on their investments. However, i believe that both bear and bull market will be susceptible to losses if you manage your investments the wrong way, but if you know how to take advantage and ride with the current bear or bull market, you will always be a gainer, than a loser because you see it the wrong way.