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.
Since that we are in the stage of bear market season, accumulating coins in different exchange is one of the best methods for this matter.
Therefore, putting eggs in different baskets is best for this thing. At least with this we have a lot reserve for the future savings. So, I don't agree that bear market is a waste of time instead this is a good opportunity to everyone, despite that we had our own choice and understanding for this things.