Post
Topic
Board Altcoin Discussion
Re: Is launching a new project during bear market a good idea?? 🤔
by
Wiwo
on 09/03/2023, 23:21:40 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...
From my experience in altcoin project, it is bad for them to get listed in bear market because of the level of impact rhe bear market have on altcoins , take today market situation as example we saw were Bitcoin shaded off a.good percentage of its price thereby losing close to 3k loses per 1 Bitcoin units.

- quite a good number of altcoin projects have postponed their public launch due to market conditions at the time.