myth/fact - good project is one that grows during a bear market

bitkanu

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Quote from: Avri Susanto on January 22, 2022, 05:21:29 AM

A good project is one that grows during a bear market. what do you think is this fact or just a coincidence?

Sometimes it can be the fact and in another time it can also be only coincidence.

The fact that if the growth of project during the bear market must be triggering by something like good news, rumour, listing and many more. I can't sure if the project will able to be pumped without any good thing come to the project. You must also remember that if sometime it can be used by people to secure their money and this will create coincidence. Both are possible to happen.

Quote from: Avri Susanto on January 22, 2022, 05:21:29 AM

Then I wonder if this is a coincidence or a fact. If it's a fact, maybe in the future I will pay attention to projects like this in the future.

The growth of those projects are not just coincidence. They have real utility usecases and they are not only offering garbage promise to the their investors. That's why they can growth a lot during the bullish trend. I thought that this is just a common knowledge in crypto. You must also see how big their ecosystem. that being said that they have big base of users. More users = more demand = more price. That's why the price of those projects are growing a lot.

GEMIN_M4

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I believe in holding coins through bear market than in bull market, strong projects shows real potential in bear market by withstanding the pressure, this was how I knew how good projects like Vulcan forged, Cartesi and CIFI was, they came when the market was in total mess and they manage to do so well

Bttzed03

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I think you should choose a better title because it could mislead some readers. They might think it's all about price. Since you've already laid out some examples, maybe you can change grow into endure/survive the bear market. Anyway, projects who continue to build features will most likely have continued community support and will remain on the watch list of traders/investors. If you have some sort of technical background, you can visit their github to check if their repo is also active.

bittraffic

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The bear market usually brings every altcoin down. There's one like ADA did perform well but eventually drops still. This bear market is very unsure actaully, I'm still doubting whether it could go down up to the next few months or it could turn into a bear trap.

Looking at the altcoins now, you can consider this just myth because all altcoins are dropping, the only green we see are the stablecoins.

MidNite36

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I was here in the last bear market and I know how things went at the time

1. Just because a project raised money successful in bear market doesn't mean it will progress after, many projects raised fund successfully in bear market but still they perform worse

2. Bear market is bear market every coins and tokens will be affected, even the king itself (BTC) can't shake the bears off, so don't be fooled if you are holding a coin in bear market that still have good value it will drop sooner or later

julerz12

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Coincedence. We all know how easily a token's market value can be manipulated.
Even though the entire market is blood red, all it takes is a bunch of whales supporting the project and pumping it to make it look like entire project is fighting agaisnt all odds. We can't be sure which project would survive and even thrive in bear season, we can only hope they would still commit to their promises and follow their planned roadmaps.

noorman0

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[Nope]No hype delivers more than hope

It is a myth.
There are several reasons why that happens. One example, they take advantage of a bearish moment to announce upgrades, launch events, list on the exchange to get attention. Most new projects still have enthusiastic supporters before or recently being listed on the exchanges.

Altcoins are boring at times even though developers are constantly trying hard to make improvements. On average their fundamental factor that has an impact on the price is the performance of their own team, there is no outside effect.

Avri Susanto

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A good project is one that grows during a bear market. what do you think is this fact or just a coincidence?

some time ago I observed several projects, one of which was DOT, Solana, Uniswap, Polygon, and many more. I see that there are some similarities between the projects. their averages are released after the 2017 market crash or when the market is in a bear trend. those projects can survive and thrive when the market is not good enough for new projects. and when the market enters a bull trend, projects that develop during a bear market experience a very large increase. for example solana which goes up more than 100x.

Then I wonder if this is a coincidence or a fact. If it's a fact, maybe in the future I will pay attention to projects like this in the future.

Topic: myth/fact - good project is one that grows during a bear market (Read 70 times)