To everyone in crypto currency, the bear market is one market where fuds and panic triumph and reign which greatly affects the prices of crypto currency tokens, and yes some projects do not recover from the bear burdens.
But do you know that the bear market is a blessing in disguise for every investors that is prepared and has been waiting for the dump ? So many tokens are going to touch lower lows, and if you are prepared, you can key into this tokens and more than double your money when the bull run is here. The dump is your friend, and is a blessing if you are always ready and prepared for it.
Make sure to look into quality tokens and projects, and ofcourse dyor
yes of course. most of the big investors when the season is bearish like this say its a big discount we should take it at a cheaper price to double our future profits when winter is over.
but what needs to be remembered is that it is not wrong to buy coins or altcoins when the prices are big discounts when they are bearish. this will lead to losses without gains. because if we choose the wrong altcoin that doesn't have a good future and doesn't have a good reputation, when they are bullish they will waste more.
choosing quality coins is necessary, but we must keep DYOR
Market Cryptocurrencies like a coin that has the same two sides, sometimes it goes up and down in a short time, even in 1 hour there can be significant changes let alone new coins, and when the bear market occurs then like the domino effect that influences each other, as long as we are patient waiting then we can get profit.
But OP's concern is likely the cycle of the market. Where over time, there will be always a bear market and a bull market.
After a bull market, there's a bear market expected and on a bull market, there's also a bear market after.
OP's just telling basically it's good to find good projects or cheap coins or shop some coins that lost some value and possibly that in the future, it will go up higher.
actually in a bearish situation like this, almost all good projects are cheaper than the previous price, that's for sure you can choose a good project from the top 10 coinmarketcap.
but what I'm worried about is good projects falling apart when the bull comes.
I mean when investing in a good project that looks like it will have a very high future value when the bulls come, there is an accident that makes it difficult for the coin to go higher.