After reading most of the comments and replies, guess people are willing to invest in gem. But as always, it's never easy to look for a gem and we will never know it's a gem till it shines in the market.

Beside it's hyped by Elon Musk, I don't see any value that brought by Doge coin. We did see the price shoot high from the past, but it doesnt mean it will last forever as I don't see any fundamental proof from it. Maybe there is but at the moment, it's not brought to surface.

High risk high return, or high lost. Invest smartly and be responsible with your decision.

I found out in the blockchain world, many people are losing patience when they start to invest in a project. Their understanding about "long term" is no longer years but weeks.

Some project need time to build and shape. What do you think?

There are so many new projects launching everyday and some of them can be good and some of them can be a scam as well. How can we identify it well? Perhaps we should have more discussion about it so we all can learn from everyone's experience.

It's good just keep it both way at the moment. It's impossible to keep the bank away and only focus on crypto currency as crypto still very volatile. There's still alot to do but definitely it's keeping more people interested in decentralized world.

Step has to be taken. It's definitely a historical movement but we need time to monitor and improve as well to be in the better position.

People are just being very sentimental to the traditional banking system as for now but it's all depend on how the government takes the action. But all the tokens are hyping now, but is it the bull is back?? How long can it last?

I think it's good to work both way. I believe it's impossible to be 100% decentralized, but at least now we have extra option.Bank system that already existed for centuries and it collapsed in front of the world is definitely very concerning. Crypto definitely will gain advantage from here and we can see more people are considering crypto now.I did read alot of comments about what I mentioned but it doesn't mean everyone of them are doing that. Such a huge bank collapsed definitely will gain concern and people will rethink again is the system still perfect to keep our money in it? I'm here to seek for more deeper discussion, but ya, thanks for your comment anyway.

Recently bank like Credit Suisse and Silicon Valley bank are collapsing. People are switching their money to bitcoin. Is it the sign that more people are no longer trusting the bank and are moving toward to decentralized world?

I cant believe there's the day that we will see it collapse after existed for centuries. Crazy era and it's the chance for us to grow further.

Great advice. Stable coin is always a must to hold but we definitely need some big potential coin that have greater growth in future to look into. Layer 2 like Arbitrum is quite popular recently. Our project FireDAO is built on it. What do you guys think?

LFG. People are withdrawing money from bank and move it to decentralized wallet. This is a big incident in history and big leap of movement for blockchain to move further forward.

Thanks for your honest reply. Create an interesting project is never easy. Even the concept is good, it's not guarantee a success if the team is not managing well or marketing is not interesting enough to attract the eyes of crowd. But working as a team, trust and persistency is very important to break all the obstacle.

I think the timing might not right but as long as it brings real value to the community, ppl will see it and if it can survive through the bear as well, it is definitely a gem. FireDAO is one of the ambitious project that working hard to survive through the bear market and is building the community. Hopefully we can shine bright in future.

I believe there are alot of great ideas and concept but just some ppl misuse it for their own benefits. Throughout the year ppl learn from the pain and gained experience. I believe the decentralize community as grown alot by knowing how to identify a legit project . FireDAO is one of the team that work hard to provide true value and hopefully the community understand and see it.

Staking is good. When the bull is back you can have extra profit and average down the losses. But how do you identify if the coin or project is still legit?
Perhaps can share with me which coin you're looking at? Alot of efforts need to be done to understand the market and projects as there are so many projects that need to filter to identify whether the project is a scam or not. High risk high return, that's why it's worth to take.
Perhaps can have a look at FireDAO as our project is targeting the for long term and to create the biggest community in the decentralized world.

Follow the trend, follow the shark.

Greadt advice, always look for the lead coins for long term investment.

We all know that AI is the most popular theme now in the market, but which project is related to AI? Can suggest??

Can you name a few projects for me to look into? The project that I'm involving now is a DAO project that consists of DID & SBT. Here you can have a look and read more information about it https://bitcointalk.org/index.php?topic=5441307.0. The project core value is definitely the thing that we're very confident about.

Good thing about buying coin is you can easily sell it whenever you want, even it's during the bear market, there are always liquidity. But for NFT, when it's bear, you're hardly find any buyer to buy your NFT if the one you're holding is failing. After all we need to understand what's the product that we are buying. Trend definitely is the thing but we need to know how to identify a good one. That's why we're here to discuss with each other.

Good idea. Top 20 on CMC definitely have stronger fundamental. Maybe will pick a few and look into it. Keep some good coin and ready for the next bull. No idea how long the bear will stay. Have to be more cautious as some say the bigger bear is yet to come.

Guess these are the coins that have better fundamental and history. What about new project? I think allocate some small fund for some higher risk project should be okay as long as we understand the risk to it.

Thanks for your kind sharing. I heard some of these but never really study much about it. Will read more about it and hopefully these are the gems that will shine bright in future.

In my previous topic, what I'm wondering about is launching project during the bear market a good idea. Currently the market is so bearish that most of the investors are not taking much action. But we always have to be sensitive to the market to prepare for the next bull.

So, what kind of project will be more benefited in the next bull??

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://bitcointalk.org/index.php?topic=5441307.0 . Would like to listen to your feedback.

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://bitcointalk.org/index.php?topic=5441307.0 .

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://bitcointalk.org/index.php?topic=5441307.0 . It would be awesome if you can give me some feedback about this project.

The point you brought up is is on point as capital is always one of the most important element when starting up a new project. Fortunately we've a great team that work very efficiently and maintaining the quality of the project at the same time without wasting any extra budgets. Since we're just at the beginning stage, so we will just keep pushing through the market. We've made our first move by sharing the info about our project in Twitter, https://twitter.com/FireDAOlab. Hopefully everything starts well from there.

We do wish and also believe that someday someone will see the value of our project and will approach to us. Thanks for the suggestion as we can see that Sandbox is definitely one of the project that broke the barrier and able to sustain for years and perform so well during the bull market. But our starting point might be different. We've just launched our own DID, which we called it FID. Feel free to have a look on our website, https://app.firedao.co/ .

Perhaps I just have to be focus on my own. We've shared alot of information about our project in Twitter https://twitter.com/FireDAOlab, and are welcoming everyone to read about it. Feel free to feedback to us as well so that we can listen to the market and improve from there.

No, it's not. Since the first day we built our community, there are alot of fakers out there used our project's name for their selfish act. So far we've just launched our own DID, which we called it FID. (check it out on our website https://app.firedao.co/) Our token will be launched in future, but not so soon yet. You can read more information from here too https://bitcointalk.org/index.php?topic=5441307.0
High risk high return, we will just keep our best to break through the bear.

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://bitcointalk.org/index.php?topic=5441307.0 . 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/

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.

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.

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.

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.

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.

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.

Indeed, bear market is for builder. Our team didn't expect anything much during such period but we did put alot of efforts on building our project. Thanks for your kind word as I also foreseen that alot of solid project that did well during bull market took years to build before they go success.

But what I'm curious the most is during bear market like now, most investors will just do nothing and wait till the next bull??

Being confidence and patience is the key I guess. We do believe our project has our own uniqueness. But we will only find out if the project will skyrocketed or not when the bull is back. I believe you're very experienced in the market and perhaps you can suggest what can we do during bear market? What usually investors are seeking during bear market?

Thanks for your comments. I have a question then. If we only prep and launch the project during the bull, don't you think it will be a bit slow as thousands of projects will be launched at that time as well? I do agree the community shrinked alot compare to during the bull market, but in bear market when there are not much projects going on, the chance of standing out will be higher. Or in another way, when the bull is back, people will have more confident on the project that already built for a period. Don't you think so?

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...

FireDAO is definitely the project that will revolutionize the world in 2023. It's an ambitious project that aim to build a super economy on Arbitrum chain. It consists of 3 kinds of tokens, 2 type of DID & 7 types of SBTs, sould-bound tokens. Its very first DID product, PID, has launched and do check out the official website.
https://firedao.co/

Welcome to discuss with me about this project.