Post
Topic
Board Altcoin Discussion
Re: Bear markets are a time for building, development and research
by
Mahanton
on 31/08/2022, 22:51:12 UTC
I saw a thread suggesting that new coins will bring big profit. This is true, however, these new projects that might bring big profit are harder to find during a bear market. This is not anymore a market where you can buy the most stupid coin similar to memecoins and profit 100x. This time we need to do more research on the project, what it does, the tokenomics, how much coins or tokens are issued and how much are emitted daily, weekly or monthly and the development team, if they are good and if they have enough funds to develop the project all throughout the bear market.

Also, it is important that you should not be wasteful with the money, bitcoins or stablecoins you have left for investing. The market might be bad for months, years or longer. Be cautious and do the research. Invest in good development teams.

it is certain that we will do research before making a decision to invest in altcoins, especially in the latest altcoins/projects because without doing research first, you will lose the assets you have. because many altcoins are not able to compete in the market so that they lose price and then disappear in circulation. then choose an altcoin that has a clear growth and product and a professional team.
Research should be default or something normal that people who do tend to invest should really done this stuff before making out further action because doing no research will eventually lead up
into bad decisions which would resulted into losses which we dont really like for it to happen.Bear markets is indeed part of a market or a certain condition which do inevitably cant
really be avoided and instead on freaking out then it would be wise that you should really be doing actions basing on the probabilities of making profits instead.
You would really able to utilize this dumping market on your advantage.