Re: Bear markets are a time for building, development and research

In my opinion when the market drops we should focus on bitcoin, top projects, projects that already have products and utilities.
Meme projects are just tools for hype, and this usually only happens during the bull season, a bear market is not a good place for it to thrive. Because we can't tell when the sale ends so buying the meme now is like gambling. the price of this token does not fluctuate too much because its trading volume is small and is of interest to many people.

Meme projects are there because it is easier to work on them via social media. Like when you create a legit project, the marketing of it requires a lot of work, and you never know which one will really work. But when we are talking about a project that is based on crypto, then it would not be really working well for us and the money would be gone.

This is why they create meme projects which they could use for a long time and would not have any problems at all. I know that it's not going to be easy, and there will be trouble regarding this issue, but memecoins are marketable and that is why they do it, it's so easy to just go out there and get yourself heard with it.

I don't know meme crypto that solely exist thanks to marketing and social media's hype is a good thing. It sounds like an empty fart, pardon me. It just... so wrong again crypto that usually have the strong focus on feature, innovation and use case.

You shouldn't buy projects because of the amount of hype surrounding them. You should invest in projects with real world utility and usecases, like HBAR and CNDL. What utility does your babyshibaelon have?

Yeah, but perhaps his point is, if you can make out of this meme coins and then profit, why not? You just have to be very careful to get out early and exit at the top, in short timing everything and maximized your profits. I think there's nothing wrong with that, but you should know what you are doing.

Maybe something will born out of this bear market that in the beginning, no one is looking into it because it's either we are not aware, or the project itself doesn't have the correct marketing. But slowly and then when bull run comes in, maybe this project will bear the fruits of their labor when it break barrier and listed on top 10-20, like ADA and others.