It is what happened.

Every bear market, too many projects that are failing and that's because of the devaluation and they're being left by most investors. The reason for it is that they don't see the value anymore for those projects, most of them are new.

Bear market being useful is all about being an investor and you accumulate at this time because everything is cheaper than before. Until you see the bulls again or until the price of these projects bump up and you're lucky that you've chosen good projects.

I don't think about anything for luna anymore, and in my opinion, it is one of the cryptocurrencies that should be avoided in the crypto money industry right now. Because instead of covering their faults with this new coin, they officially cursed their investors. There are people who deposited thousands of dollars and their money evaporated overnight. From now on, I would definitely not recommend investing. Because once trust has been broken, I don't believe they can be the same as before.

If you have the guts, then HOLD can be done, but if not then of course you will not stand it,
remember about the LUNA incident, what about their holders who have bought at $1 or even $50?,
yes they are frustrated and some are really dead, hopefully we can learn how HOLD works

Before you decide to go away from crypto space simply because we are in a bear market I want you to know that some amazing stuffs was built in the last bear market, our so called Ethereum killers

1. Hedera  2. Solana. 3. Algorand.  4. Avalanche.

These projects came in the bear market, if you walk away now till next btc halving you will be missing a lot of future opportunities.
Now is the time to be accumulating L1 blockchains like HBAR, CELO and CNDL. Even with POS, Ethereum will not be able to compete with these newer chains on fees and scalability. Eventually people will abandon Ethereum. L2 blockchains can not compete with scalable L1 chains because they will inevitable have higher fees due to settlement on Ethereum and settlement delays of up to 1 week on withdrawals.

Still, the crypto market is dumped, have you filled your bags? Often we worried when the market becomes down for any reason. But we don't think that as an opportunity to accumulate in low. Whales do that and make a big profit whereas small traders like us lose money. I have accumulated a few top coins though it is down from the buy price. But still, I am holding and moved to Ledger for long holding. What about you? Have you filled your bags? Or just watching and waiting for more dips?

The projects that were money grabs from the start, like SOL, Luna, and Shiba will fail. Projects that are building new technical standards and have business usecases, like XLM, XRP and ICP, will prosper coming out of this bear market. That said, there will always be a new batch of meme coins popping up, you can't stop it.

The original purpose of cryptoCURRENCY was to be form of a decentralized, anonymous, borderless, unstoppable CURRENCY. Unfortunately, due to rapid appreciation of the value of Bitcoin it attracted unsavory characters who have turned into a trillion dollar speculative investment industry. Most "investors" are a lot more interested in a pump and dump scheme to "get that Lambo" rather than support something that has potential real world utility, like Helium (wireless coverage), Nano (fast feeless payments) or Monero (anonymity).
With the market crashing and a lot of speculators getting burned, is it possible that we will see a cleansing of the industry with people being a lot more selective into what they are investing in?
Do you think we will in the next 3 years
1. See thousands of me/shitcoins collapse bringing attention/money to hundred or so most innovating currencies.
2. Almost the entire industry will collapse, leaving only a dozen or so largest cryptos standing.
3. Memecoins/shitcoins are here to stay.

And do you think crypto will ever be thought of as a currency at any point, or are we stuck with this "asset" mentality?

I am confused that there are meme coins whose prices are sky rocketing but I dont see any real value these meme coins are providing

XRP has made a lot of developments since last year but the price movement is not significant, I don't think we will reap much profit even if we keep this coin for a long time, although the risks that will be faced in the future for XRP coin holders are also likely to be small, I think it's not Wort It.
ADA is a great option, I agree to this.

What do you think about the SOL coin, they said they would join opensea so that currently the exchange on the Solana network is very crowded and withdrawals have been suspended on any exchange.
does this bode well for this coin or is it the other way around?

While the market is on a downward trend, Bitcoin the giant of the crypto market has seen a drastic drop, and other altcoins followed the same trend, will we be able to recover, another coin like Luna did a total crash which is so bad for investors. In this scenario, can we still trust a high and unpredictable volatile I investment such as altcoin in this bear season?

When you thought it's the lowest, but things can get worse than before, that was indeed what happened with Luna. At least V2 has brought back a bit of hope for Luna, but can't really tell whether it can bring back luna to its colorful days or not.

Just as you said, most alts has the same risks of being "dead" or something, no matter how good they are. If it's time, it's time.
I mean, it's already a huge risk buying the dip, but if only you can afford to lose your money, then go ahead, if you can't, then just wait for a better market condition to buy.

Hello,
2022 is the time to buy or sell? If it is time to buy, then which coins or tokens?


Thank you.

The possibility of crypto (LUNA/UST) losing even more shares in the market?

Yesterday, Justin Sun tweeted "TRON 4.0 is coming? He wants to compare with ETH 2.0
What do you think?

This week for Bitcoin

With a strong bullish engulfing candle on the 4H chart, Bitcoin has effectively broken out of the symmetrical triangle. It has also moved over the MA 100, indicating that it will continue to rise.
In my opinion, a retest of the 30K zone is needed to close the gap before going on to the 34K zone, where the MA100 is now located on the 1D chart.
It's too soon to foresee the result of this current week, yet in view of the ongoing move, this will be the principal green week, since we have continually tried the lows to get greater liquidity on the lookout, so a bullish move is logical.
In addition, the MFI (Money Flow Indicator) on the LTF (Lower Time Frames) has turned positive, indicating that money is coming back into the market.

This week for ETH

Ethereum then again is as yet battling to close over the balanced triangle, dissimilar to Bitcoin which has previously broken.
On the 4H chart, we can observe a clear breaking point, as well as a climb above the MA 100, which was previously used as support by the bulls.
The next major hurdle that the ETH bulls must overcome is around 2230$. Trade ETH with mexc.com
We see a clear bullish volume increase in the last few days, the MFI has also turned bullish, suggesting that money is entering back in the market. If the bulls defend the 1900 zone, we could see a push towards the 2230$, on the 1D chart the MA100 is currently sitting at 2719$.

I did some research on it, by the stats Elrond should be one of the top competitors, but $ wise it been on decline for ages now.
What do i miss? Why is Elrond rather unpopular?
Did the $ go to Solana?
 

I think MATIC is really a good long-term investment, it might reach $20 but since we are on the verge of the bear market it would take time. One of the best to hold is MATIC which I also hold it and do locked staking which I get profited.  Much better to do DCA when investing to avoid getting lost and this should lessen your loss in the future.