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Topic: Is launching a new project during bear market a good idea?? 🤔 - page 4. (Read 658 times)

full member
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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...

I think yes, because during a bear market, the average person sells panic and it will affect the project, it's different from people who think that during a bear market, they can buy at a cheaper price. This is my view of two different sides.
hero member
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Depending on the bearish situation whether your project will be able to survive or get support from investors in this difficult situation, so however the team is the most important in this role to develop it so that when doing marketing there are far more interested people when the market is bearish.

People are always skeptical of bearish so it's difficult to do initial funding so they think it will only make a loss and I can't believe this project will be successful if the team can't do good action when developing the project.
I think its even better to create a project these days. Because, you may not get any decent funding right now, but if you build a project that is nice and keep it growing, even if it is a small growth, that means you are doing such a great job that people are buying it even when we are in a bear market. It means that we are going to see it grow even bigger when the bull market comes.

You think all these avax, ada, matic, sol and similar high level coins were created in 2021 when they peaked right away? Of course not, they were already there and grew during bear period and they grew a lot bigger when the bull run started and they peaked at the top.
legendary
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Depending on the bearish situation whether your project will be able to survive or get support from investors in this difficult situation, so however the team is the most important in this role to develop it so that when doing marketing there are far more interested people when the market is bearish.

People are always skeptical of bearish so it's difficult to do initial funding so they think it will only make a loss and I can't believe this project will be successful if the team can't do good action when developing the project.
legendary
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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.
Glad to see you.
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...
The bear market will be decreasing the interest to invest in the new project. That being said if bear market will be driving the demand to go down. People are keeping their money. That means if launching the project in the bearish market will give negative impact to your project but as long as your project backed by some big parties and i think that it will not have a problem launching your project during the bearish market. I suggest you learn from some projects that launched during the bearish trend a few years ago like sandbox.
jr. member
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Personally, I would suggest waiting for the trend to change.

Yeah there's always timing in trading that's why a lot of people let the bear market pass before trading or investing. Some of the projects takes year before launching their project, because they know if they launch at bear market, it will be probably a flop. People loves to invest and trade in a good condition of the market so always know when and how you will launch your project the way people would invest. In just days or months you can see the new ways of promoting your projects which could give a good background to your project.
legendary
Activity: 3122
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Leading Crypto Sports Betting & Casino Platform
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...

The fact that you have doubts about launching it in a bear market, may just be a hunch inside you. Investors are moving out of crypto to wait for the right time again to come back. This time however it seem like the market had bottomed. If this is what you also believed maybe it's not so much of a bad idea anymore since investors are also looking for GEMS.


first and foremost, what are their goals for this project? do they have enough funds to keep the ball rolling in terms of development? or are they waiting for crowdsourcing activities to finance this project? if they believe their platform is valuable in this market and they can get clients to use their platform, then they can push thru this project. as part of the team, you should feel how this project will perform given the seemingly bearish season. it means, there's waiting time for the team before they can see if this project will move forward. but don't rely from crowdsourcing activities to fund this project.
hero member
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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...

The fact that you have doubts about launching it in a bear market, may just be a hunch inside you. Investors are moving out of crypto to wait for the right time again to come back. This time however it seem like the market had bottomed. If this is what you also believed maybe it's not so much of a bad idea anymore since investors are also looking for GEMS.
hero member
Activity: 2926
Merit: 567
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 your project is really that good and investors trust your team that your platform can bring something to the industry, then the market condition has no bearing on your project, the most important is how you build your community and how dedicated the developers are in creating a good platform for the industry.
Even if the market is good but your project is considered a shitcoin, it will not go a long way, investors will find a way to invest in projects that they think have potential that they found in the bear market.
So go for it if you believe that your project can earn the trust of the community.
sr. member
Activity: 2436
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Might not be a good idea if you are just thinking about hyping it and earning a profit easily. But even if you are launching your project during the bull season it doesn't guarantee success as well because it only lies on the potentiality of the project, not because of the bull season. Because even if it was launched during the bear season but investors see the good concept of the project and could really be trusted, they never hesitate to put money into your project. But if not, never expect such a "success" thing as this is likely impossible to happen.
hero member
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I think it's okay to launch your project when the market is bearish because after that launch, you must still have a lot of preparation before it can really work properly. This bearish market condition allows you to convince investors of your project but depends on your readiness to face a bearish market. And when the market has started to change direction and your project can still run well, investors will see it as an opportunity, which can convince them that your project can survive for the long term and not be affected by a bearish market. Projects that cannot survive a bear market will soon disappear and be replaced by new ones that do. So as long as you can prove to investors that you and all your team are still working hard to develop the project for the better in the future, investors will certainly believe and will invest in your project.
sr. member
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GOD is TRUE
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...

In crypto currency, every time is a good time to launch your project; either the market is bullish or the market is bearish; every time is a good time to launch a new project. What you have to do is ensure that you are ready and in good shape to launch your project. The following questions would help if you have an answer

1. Does your project have a product to sell? is it achievable?
2. Is your marketing top notch? good enough to proceed to launch?
3. Is your product unique enough to bring investors closer to your project?
4. What is your marketing strategy? Do you have a viable roadmap and you tick the milestones appropriately? Do you have social media presence?
5. Do you have investors in your group? or you have shillers and bots added to your community?
6. Do you engage in vcs or ama events to share your ideas and hear from your investors?

Having an answers to these questions will help you make the right decision; also remember that Everytime is the right time to launch. Put in all your efforts and i wish you the best of luck.
hero member
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In my opinion, now is not a good time to start a new project. The market is very uncertain, many people run away from crypto or keep their capital mainly in stablecoins and leading projects that are likely to bring profit in the long term. In addition, we have recently seen a lot of regulatory activity in relation to the cryptocurrency market, which also raises uncertainty among potential investors. Personally, I would suggest waiting for the trend to change.
legendary
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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 will be a bit difficult because during the bear season, people limit investment in new projects. But if you are serious about your project and have enough money and resources to develop it, then you can start. And if you can maintain and grow it until the bull season arrives, you will have an advantage over projects that just started during the bull season. The core is still the quality of the project, the project has a long-term vision, and even if it goes through a few more bear seasons, it's not a problem. Look at the top projects, they are still going strong even in this bear season as they take their projects seriously.
hero member
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I think in this case it depends on the management of the project, even though it is definitely a problem, but when the project management is done correctly, I don't think it will be a problem.

But on the other hand, for the project that you are doing, I still can't say much because I don't even know about your project and have to research it first so I can find out whether it will be possible or not later.
The bear market is still a problem that cannot be minimized in any way, I think, especially for new projects.
newbie
Activity: 21
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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...

When a bear market happens, people will tend to accumulate top projects like bitcoin, eth... and avoid investing in new projects because new projects will be riskier. Personally, I would not invest in new projects at this time, even popular ones invested by large funds, let alone crowdfunding projects. In my opinion, it is not advisable to launch a new project in the bear season because it will face a lot of difficulties, while if it is launched in the bullish season, everything will be smoother and easier.
Pretty much agree with what you say. Maybe we should focus on building community first before launching the project. My team has start to post on Twitter https://twitter.com/FireDAOlab, hopefully we can create more awareness about the project.

In general, if we are talking about just launching it, many projects have since risen in price since the bear market, and they have started during the bear market since 2017. IIRC, that's Axie Infinity, and they had boomed with their project when it became mainstream. It's just that it can't be sustained, and I had a hard time having an entry with the new players to play it. It needed to be more sustainable.

When you have done your project, you will find a sustainable way. That's what you need to be successful.
Long term sustainability is definitely very important for the market. But I think the market now changes super fast and it's so unpredictable especially in blockchain. Well my team and I will do our best to survive over the bear market. We believe a good project will shine anyway, just the matter of time.

Launching a new project when the market is in a bear market I don't think is a good idea. Maybe I would say as a crazy idea. If indeed the developers really believe in their project and it is the latest breakthrough in the world of cryptocurrency then it doesn't matter because you can take advantage of your bear market to build a solid foundation for your project so that when the market will experience an increase in trading transaction volume,  your project is no longer a "new project" which of course it will be something positive to get a lot of investors. This means for new projects not to burn too much money and be too ambitious if they want to launch the project in the current cryptocurrency environment. Start by strengthening the fundamentals of your project and I believe it is the best choice you can make.
This is exactly how my team think about it. Building a strong fundamental during the bear so that when the timing is correct, our project will be seen. We have started our moves by sharing the idea and info of the project on Twitter. https://twitter.com/FireDAOlab Looking forward for more people can reach our project and give more opinions to us.

Don't really follow the development of new projects that appear but a few years ago when the ICO was in a high trend many projects that had completed their ICO stages preferred to wait to enter the exchange until the Bitcoin price entered a bullish period, this was done to avoid massive selling but whatever the conditions are bullish or bearish a project that has potential will always be able to survive and continue to exist in the crypto world for quite a long time because it has clear development as well as clear use cases.
Thanks for the advice. Afterall Bitcoin still plays a massive role to lead the market. We will work hard to be one of the project that will exist for a long time.

~
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 depends on your motives.

If you really wanted to bring a good project to the investors, it doesn't matter whether it will be a bull market or a bear market. Yes projects are going up and doing well in the bull run, but most of the projects after the bull market are either going down in popularity, the developers suddenly leave the project with no developments whatsoever or just turning out to be a scam project.

Bear market is for the developers who want to deliver projects to the investors. It's their time to develop, upgrade and make the project better. I've seen projects that are emerging in the bear market, but the problem is most of them aren't successful. Even those projects that have been created in the bull market doesn't guarantee them a success as well so I guess it doesn't matter whether you launch your project during the bull or the bear market.
Thanks for the precious opinions given. Quite agree with what you've mentioned, there's always project that failed during the bull market and also project that success during the bear market. My team will keep grinding and deliver the best out of our project. We've start to share and deliver the ideas about our project on Twitter https://twitter.com/FireDAOlab. Will continue work from here.

but now I'm wondering is bear market will affect the progress of a new project...

If it's about project progress, neither bear market nor bull market should affect it. But if your motive is to get market capitalization for your project, of course the bear market will have impacts. The reason is because people are holding their coins/tokens which are at a loss. they have little or no money left to invest.
Of course we wish to get market capitalization to expand our project better and faster, but we also believe our project's core value that the market will eventually see it. And of course, a little wish that the bull will be back ASAP.
hero member
Activity: 1694
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but now I'm wondering is bear market will affect the progress of a new project...

If it's about project progress, neither bear market nor bull market should affect it. But if your motive is to get market capitalization for your project, of course the bear market will have impacts. The reason is because people are holding their coins/tokens which are at a loss. they have little or no money left to invest.
legendary
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~
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 depends on your motives.

If you really wanted to bring a good project to the investors, it doesn't matter whether it will be a bull market or a bear market. Yes projects are going up and doing well in the bull run, but most of the projects after the bull market are either going down in popularity, the developers suddenly leave the project with no developments whatsoever or just turning out to be a scam project.

Bear market is for the developers who want to deliver projects to the investors. It's their time to develop, upgrade and make the project better. I've seen projects that are emerging in the bear market, but the problem is most of them aren't successful. Even those projects that have been created in the bull market doesn't guarantee them a success as well so I guess it doesn't matter whether you launch your project during the bull or the bear market.
legendary
Activity: 2814
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Leading Crypto Sports Betting & Casino Platform
Don't really follow the development of new projects that appear but a few years ago when the ICO was in a high trend many projects that had completed their ICO stages preferred to wait to enter the exchange until the Bitcoin price entered a bullish period, this was done to avoid massive selling but whatever the conditions are bullish or bearish a project that has potential will always be able to survive and continue to exist in the crypto world for quite a long time because it has clear development as well as clear use cases.
sr. member
Activity: 1610
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Launching a new project when the market is in a bear market I don't think is a good idea.  Maybe I would say as a crazy idea.  If indeed the developers really believe in their project and it is the latest breakthrough in the world of cryptocurrency then it doesn't matter because you can take advantage of your bear market to build a solid foundation for your project so that when the market will experience an increase in trading transaction volume,  your project is no longer a "new project" which of course it will be something positive to get a lot of investors.  This means for new projects not to burn too much money and be too ambitious if they want to launch the project in the current cryptocurrency environment.  Start by strengthening the fundamentals of your project and I believe it is the best choice you can make.
copper member
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In general, if we are talking about just launching it, many projects have since risen in price since the bear market, and they have started during the bear market since 2017. IIRC, that's Axie Infinity, and they had boomed with their project when it became mainstream. It's just that it can't be sustained, and I had a hard time having an entry with the new players to play it. It needed to be more sustainable.

When you have done your project, you will find a sustainable way. That's what you need to be successful.
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