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.
You cannot expect for the market to be good to you if you don’t see it’s real value and that what are more valuables are the big opportunities we start to see at the bear market. Although a lot have been fearing when bearish season attacks the market because there will be possible losses and less opportunities to become profitable, but that’s not the right way how our mindset should be. Instead, let’s get rid of losses if possible and always take advantage whatever opportunities this bearish market brings.