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Topic: Is launching a new project during bear market a good idea?? 🤔 - page 2. (Read 633 times)

member
Activity: 2044
Merit: 16
Bear market surely have a hard time gather supporters and investors because many of it are afraid of investing on new projects but still depends on what project is all about, partnerships and backers of the project. Still it's l worth it to make a progress of the development of the project that is focus on the long run and use case of it.
sr. member
Activity: 1330
Merit: 257
DGbet.fun - Crypto Sportsbook
the launch of the project can actually be anytime depending on optimal development if it is in a bear market, but if he can survive until the bullrun and get big profits, it is a successful project
legendary
Activity: 1806
Merit: 1161
The launch of a new project during the season is quite possible, if the project is based on an innovative idea. altseason is too short to have time to raise enough money, and to make a listing on good exchanges. That is why most successful projects are launched during bear season.
hero member
Activity: 3010
Merit: 666
Not really on the winning side OP but I know investors are choosy enough when picking projects to invest with.

What I can see during the bear season is that you can't really make a good price on your coins, the demand is low and the price is low. Unlike when starting during the bull season when you can actually set the price high already. But of course, this will also matter on the potentiality of your project OP. You can never do this if the demand is low, this would never happen if you can't attract investors to choose your project because if they have a reason to pick your project, then we can say that success is not impossible.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
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...
Indeed, it will have more obstacles if launching any project during the bearish market. because most of new projects are not able to survive much in the bear market. But, there are also some certain projects that can be hype enough and able to rise up very highly even during the bearish, but unfortunately, they cannot maintain and survive longer in the market, and will be dropped after touching the top price. Tis is challenging. but as long as your team is very serious and professional to bring your project up again, no matter it is bear or bull market.
hero member
Activity: 1666
Merit: 701
Project managers may need to create a strategy that is appropriate for bear market conditions. These strategies can include a number of things, such as cutting costs, collaborating more, reducing risk, providing flexibility, and so on. If, with good planning, the project can be structured to grow and profit even in a bear market, it may be a good idea to start a new project. However, it is still a higher risk than in a bull market.
Not all new projects dump during the bear season, some survived during the bearish market and dump during the bullish. Innovation of crypto projects during the bear market is actually a terrible idea because there's more risks to be nailed higher chances of funds losses. However I totally concord with the fact that new strategies needs to be implemented in the market inother to control the risks involved. I'm definitely studying every single day inother to gain lengthy experience in the market and how it operates entirely.
Indeed in this case not all but most will be like that. The current condition for a new project is clearly a bigger risk than an old project, even though it's good from a management point of view, but when trying to keep pushing with the current timing, it's clear that this will be a very big risk, I think, because in conditions like now, with the storms constantly crashing the only risk is that the first two of us are carried away by the storm and the second we can survive but the conditions are bad. I think this needs to be thought through carefully.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
I do like to hear more from experience investor like you. Perhaps you can have a look on our project on our Twitter, or read more information from here https://bitcointalksearch.org/topic/annfiredao-social-daodidweb3-identitysbtssupereconomy-5441307 . Would like to hear more about your do's & don'ts.
This is our official website to mint our first product PID. https://app.firedao.co/
I would love to, but about your web page...
Most of the links don't work so i am not getting a full picture on what are you trying to accomplish. The whitepaper link in your homepage doesn't work either, which most definitely should be available for before minting would be an option. I don't have a clue what benefits i would have by being a preliminary member or what kind of adoption you are aiming at.

Just assuming that would want to jump on a bandwagon and mint anything without knowing what i am getting into is sadly a red flag for me. I'll get back to you after i get change to read the whitepaper.
There is one clickable link called firepassport but the other two is not yet available. It says coming soon. You need to click on the firepassport one and you will be redirected to another page which contains a lot of features and information.

I think there is also information on the bitcointalk link that he gave there above. You can just go on there directly. We must of course read the details about the project if what they are used for and not just mint the NFT straight away because you can only lose your money this way and you may not get anything in return in the future because this project may not be useful and they can not attract more people to invest on their project.
legendary
Activity: 2464
Merit: 1102
Yes and no. It will depend on how the investors will react.

Be aware that they will try to save as much money as they can during the bear market and pour it all at the right time when the bear is deep. This is where new projects could take advantage of market fluctuations. But if you cannot present a high-quality project to them, then you might as well just work it out during a bull. That's when investors could probably sell their coins and take the profits. High chance they will use the rewards for another investment with an opportunity to end up as good as the first one.
This is why I think it is a no for sure. I am not saying that it is a good thing or a bad thing, but I am pretty sure that we are talking about a situation that is harder than the bull market and that is a fact. If you are in the bull market then even the stupidest things could make some money and get a huge funding, but when we are talking about the bear market even the best things could have hard time getting some funding.

When you know this as a fact, it means that launching during a bear market is not a good idea at all. The "good idea" part is the real question, it is not a good idea, wait for it to be a bull market and make the project as polished as it could be and you can make more profit during bull market.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
Definitely not. It is like washing your car during a heavy rain. What's more likely to be an outcome is that your project will be pulled down by the bearish trend, ending up with losses or failure of the project itself. We've seen this from the past. During bearish market, most of the projects or failing and the reason I guess is doubt and hesitation on investors' end which triggers a domino effect; Market price behavior, to interest of investors, to outcome of the project. But again, this is not to generalize. There are just some hood projects which manages to succeed despite of the market price action or trend line. But for sure, those are rare instances.
legendary
Activity: 1288
Merit: 1081
Goodnight, o_e_l_e_o 🌹
It is a known fact that during the bull run that is when almost all the projects flood into the crypto-currency market in order to make profits and the boost the project.
It is also another known fact that after the bull run, all the projects that flooded the crypto-currency market begin to die off. Especially the ones that are not genuine and do not have a very intelligent and smart team behind it.

It will be a test of resistance and residence if you launch your project during the bear market.
This is because if your project can survive the bear market that means it is a good project and the bull market will boost their Project.
The implication of this is that no other bear market will affect your project since it was created during a bear market.
legendary
Activity: 3038
Merit: 1166
Leading Crypto Sports Betting & Casino Platform
I do like to hear more from experience investor like you. Perhaps you can have a look on our project on our Twitter, or read more information from here https://bitcointalksearch.org/topic/annfiredao-social-daodidweb3-identitysbtssupereconomy-5441307 . Would like to hear more about your do's & don'ts.
This is our official website to mint our first product PID. https://app.firedao.co/
I would love to, but about your web page...
Most of the links don't work so i am not getting a full picture on what are you trying to accomplish. The whitepaper link in your homepage doesn't work either, which most definitely should be available for before minting would be an option. I don't have a clue what benefits i would have by being a preliminary member or what kind of adoption you are aiming at.

Just assuming that would want to jump on a bandwagon and mint anything without knowing what i am getting into is sadly a red flag for me. I'll get back to you after i get change to read the whitepaper.
full member
Activity: 532
Merit: 100
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...
yes, it seems to push the progress of the project during a bearish market is a bit more difficult when compared to a normal market, or in other words that every investor is reluctant to join in a new project considering the assets they have are still stuck in their exchange.
newbie
Activity: 21
Merit: 5
No its very bad timing for new project to enter on bear market season because many people are in hold position because they are afraid about the dumping stage happening in the market.

And pushing to launch a project in this situation might cause failure because provably there are low number of investors will support the project because majority are afraid to release some funds because either they are stuck and their balance is on exchange or maybe rather they don't also see this time as perfect time to invest since its risky for them.
It could be one reason but not all investors have that kind of mindset and just hold during the bear season because many of them are looking for a gem, particularly in new projects. However, it couldn't assure also that they will pick FireDAO in this case, unless they saw the potentiality of this project. It is very important for their team to make this project visible to the community as early as possible in order to assess it. Might not instantly get a bunch of investors but if they are useful to the community, not impossible for them to gain interest and more investors to come when the bull season comes.
Perhaps you can have a look on our project to see whether is it a gem or not. This is our Twitter, https://twitter.com/FireDAOlab and here is our first DID product, FID https://app.firedao.co/MintPassport. And you can find more information from here https://bitcointalksearch.org/topic/annfiredao-social-daodidweb3-identitysbtssupereconomy-5441307 . Would like to listen to your feedback.

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...

Tough time don't last, only tough people do, that is what define any coin that survive Bear market. One of the reasons why teams prefer to launch projects during bull runs is that it is so simple to raise money from investors, whereas in a bear market, it is challenging to raise $100k from investors, even when you have a good representation of projects to show investors. However, this has the drawback that these projects often fail because investors want to sell and take their profits, which causes them to fail quickly. Those that appreciate the initiative, however, will stick onto their coins during a bear market and won't sell until another bull run.
Thanks for your words and this do encourage me and team alot. I believe investors will never stop looking for good project and when bull is back, we have confident that we will attract more attentions as we already built a solid foundation and ready to shine.
This is our Twitter, https://twitter.com/FireDAOlab and here is our first DID product, FID https://app.firedao.co/MintPassport. And you can find more information from here https://bitcointalksearch.org/topic/annfiredao-social-daodidweb3-identitysbtssupereconomy-5441307 .

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...

   -   If the flow of your plans for the project is going well, I don't think the current bearishness of the market is an obstacle. As long as the team and the roadmap of your Firedao are transparent, you will be able to do it little by little, the result will be good.

But you must first establish your community that will come in and support the project you have, why don't you try to have a giveaway or airdrops called, because many communities here in cryptocurrency are looking for that, this is just my suggestion again.
Thanks for your suggestion. Yea Airdrop is part of our plan and it's on the way. You may follow on our Twitter for more information, https://twitter.com/FireDAOlab. Here is our first DID product, FID https://app.firedao.co/MintPassport. You also can find more information about FireDAO from here https://bitcointalksearch.org/topic/annfiredao-social-daodidweb3-identitysbtssupereconomy-5441307 . It would be awesome if you can give me some feedback about this project.
sr. member
Activity: 770
Merit: 445
In bear market, some people are always losing confidence in bitcoin, if people can lose confidence in bitcoin, why will they invest in altcoin? so if you launch any altcoin in bear market, people won’t invest which at the end the project might die. The best time to launch a project is during the bull run when everyone is pumping money into the market. And that’s why you will discover lots of new projects during the bull run, project owners should always use bear market opportunity to build there project and they can launch it during the bull run.
full member
Activity: 1092
Merit: 105
Sugars.zone | DatingFi - Earn for Posting
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.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
Yes and no. It will depend on how the investors will react.

Be aware that they will try to save as much money as they can during the bear market and pour it all at the right time when the bear is deep. This is where new projects could take advantage of market fluctuations. But if you cannot present a high-quality project to them, then you might as well just work it out during a bull. That's when investors could probably sell their coins and take the profits. High chance they will use the rewards for another investment with an opportunity to end up as good as the first one.
hero member
Activity: 1148
Merit: 518
Project managers may need to create a strategy that is appropriate for bear market conditions. These strategies can include a number of things, such as cutting costs, collaborating more, reducing risk, providing flexibility, and so on. If, with good planning, the project can be structured to grow and profit even in a bear market, it may be a good idea to start a new project. However, it is still a higher risk than in a bull market.
Not all new projects dump during the bear season, some survived during the bearish market and dump during the bullish. Innovation of crypto projects during the bear market is actually a terrible idea because there's more risks to be nailed higher chances of funds losses. However I totally concord with the fact that new strategies needs to be implemented in the market inother to control the risks involved. I'm definitely studying every single day inother to gain lengthy experience in the market and how it operates entirely.
jr. member
Activity: 57
Merit: 1
Project managers may need to create a strategy that is appropriate for bear market conditions. These strategies can include a number of things, such as cutting costs, collaborating more, reducing risk, providing flexibility, and so on. If, with good planning, the project can be structured to grow and profit even in a bear market, it may be a good idea to start a new project. However, it is still a higher risk than in a bull market.
full member
Activity: 546
Merit: 148
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...

Tough time don't last, only tough people do, that is what define any coin that survive Bear market. One of the reasons why teams prefer to launch projects during bull runs is that it is so simple to raise money from investors, whereas in a bear market, it is challenging to raise $100k from investors, even when you have a good representation of projects to show investors. However, this has the drawback that these projects often fail because investors want to sell and take their profits, which causes them to fail quickly. Those that appreciate the initiative, however, will stick onto their coins during a bear market and won't sell until another bull run.
full member
Activity: 1036
Merit: 100
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...
with market conditions that are experiencing bearish, we can be sure that the project will experience setbacks, this is caused by a lack of investors participating in it. Isn't it when the project is launched they want many investors to contribute with it? But if the market conditions are bearish how will investors do it while their estimated assets are decreasing. because of this I think launching a project during a bearish market will greatly affect the progress of the project.
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