Besides the new cryptocurrencies, from my perspective, I'd look more at cryptocurrencies that hold utility, keep developing and have a serious community.
Fundamentally, this should be the prior importance. Utility, development, and community, these three hold the major factor in a success of a project.
To those who think and look at the bear market in a pessimist way, it may be a waste of time because they are too blind to see the opportunity hidden in those price crashes. They tend to put their energy on whining rather than looking for the possible benefits of discounted sales. So yeah I agree with the title, depending on how a person approach the bear market, it can be a waste of time or a season of opportunity.
So many, people see this negative as in the first place they don't understand how the crypto market works. But I'm not going to blame them either as there are 3 kinds of people around
But from what I see, many people belong to the negative mindset. I could still remember many people saying Bitcoin is a scam. And no way they will see crypto in a positive view...