Post
Topic
Board Altcoin Discussion
Re: Is launching a new project during bear market a good idea?? 🤔
by
bittraffic
on 09/03/2023, 14:57:24 UTC
FireDAO is a social DAO project based on PID and FID soul-bound accounts, and it's initiated and established by the RainbowCity Foundation. I'm one of the project team member and would like to gather more ideas from everyone in Bitcointalk forum.

I've seen alot of projects did so well during the bull market, but now I'm wondering is bear market will affect the progress of a new project...

The fact that you have doubts about launching it in a bear market, may just be a hunch inside you. Investors are moving out of crypto to wait for the right time again to come back. This time however it seem like the market had bottomed. If this is what you also believed maybe it's not so much of a bad idea anymore since investors are also looking for GEMS.