Post
Topic
Board Speculation (Altcoins)
Re: Is Bearish market the right time to buy coins?
by
bitkanu
on 11/05/2023, 23:29:26 UTC
Op you are right, bearish market is always give People an opportunity but i want some correction. There are many coins, pump two time even more than that. But you should never invest with any unknown coins without study or analysis. Cause most of two time, three time pumped coin disappear during bearish market. So if you buy those during bearish market, you may face great loss. If you wanna make the best use of bearish market, make sure one more time before what you are buying
i agreed, accumulating good coin with good analysis backing it up in bearish market, make sense, but accumulating some random coin with really low market capitalization and even dying trading volume even worse a meme coin that's not really that famous before seems like foolishness, im not gonna be surprised if they instead lose their investment.