Post
Topic
Board Altcoin Discussion
Re: Is launching a new project during bear market a good idea?? 🤔
by
JayTrain
on 10/03/2023, 18:42:00 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...

It's definitely a valid concern that bear markets can have a negative impact on new projects, as investor sentiment and funding can dry up during those times. However, it's also important to remember that a bear market can be a good time for projects to focus on building and improving their fundamentals, which can lead to long-term success once the market turns around. Ultimately, it will depend on the specific project and how well it can adapt and navigate the ups and downs of the market.