Hello i just want to ask if i you guys also notice when the bitcoin rise there are also a lot of new projects come out and if bitcoin fall there are only few projects build, is it because some projects developer notice that most of the successful projects are build in bull market and most of the projects build on bear market are failed? Or they don't care about bull and bear market and they build thier project because the time is already been set?
Not all projects that were built in the bear market failed, as there are many projects that managed to survive and adapt, but we can say that there is a large category of new projects that will not be able to withstand the harsh winter time in the crypto market, so they prefer to launch their projects during the rise in the price of Bitcoin and during the recovery of the market and during the bull market due to many factors, including that the currency of their new project after its promotion will receive interest from investors who are looking for opportunities to achieve good profits during the bull market because the investor’s psychology and his willingness to buy cryptocurrencies differ at these times.