Is launching a new project during bear market a good idea?? 🤔

[FireDAO CY]

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...

[OcTradism]

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 don't know about your project as well as I have yet researched about it.

In general, bear market is toughest time as investors have their net-loss and their mentality can be very weak, sensitive and stressful. With such negative conditions, they are less likely or nearly impossible to think of investing more. Maybe many of them no longer have capital to use for investment in new projects. With those people, you can not attract them to join your new project.

Bear market is for builders and we have some lessons that a good team can build up good projects in bear market that will gain great success in a next bull market. A most classic lesson from 2020 bull run is Axie Infinity.

[Silberman]

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...

Without a doubt a bear market can reduce the support the community could bring to your project, however if you are really convinced that your project is unique and it has something to offer beyond hype then the bear market is not such a big problem, as eventually the community will find about your project and support it, over the years there have been many examples of good projects which were released during a bear market and they still did well, and by the time the bull market came the project finally skyrocketed.

[Asuspawer09]

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...

Probably not, A lot of investor doesn't invest at these times since the market is down only a few investors have the courage to continue to invest because they probably not going to earn a big amount of profit since the market have very small movements Unless you have the funds to sustain your investment most of the time it will be a loss when investing on top cryptocurrency. Imagine putting funds into a really risky project that has a very small chance of success, most likely the community will be small at a bear market because the market lose a lot of volume and funds, and most of the investors will probably take a break since its the best thing to do after all.

I know some developers that start their own NFT projects and it is not a good start for them because when they start launching their project the market suddenly goes down and that really affects their project affecting investors, Most of the time projects will still earn profit or should I say the developers but most of the project doesn't continue and deliver, so I will avoid projects, especially in a bear market. Everything will skyrocket when the on bull run and that's the best time since investors invest a lot at that time.

[FireDAO CY]

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 don't know about your project as well as I have yet researched about it.

In general, bear market is toughest time as investors have their net-loss and their mentality can be very weak, sensitive and stressful. With such negative conditions, they are less likely or nearly impossible to think of investing more. Maybe many of them no longer have capital to use for investment in new projects. With those people, you can not attract them to join your new project.

Bear market is for builders and we have some lessons that a good team can build up good projects in bear market that will gain great success in a next bull market. A most classic lesson from 2020 bull run is Axie Infinity.

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??

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...

Without a doubt a bear market can reduce the support the community could bring to your project, however if you are really convinced that your project is unique and it has something to offer beyond hype then the bear market is not such a big problem, as eventually the community will find about your project and support it, over the years there have been many examples of good projects which were released during a bear market and they still did well, and by the time the bull market came the project finally skyrocketed.

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?

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...

Probably not, A lot of investor doesn't invest at these times since the market is down only a few investors have the courage to continue to invest because they probably not going to earn a big amount of profit since the market have very small movements Unless you have the funds to sustain your investment most of the time it will be a loss when investing on top cryptocurrency. Imagine putting funds into a really risky project that has a very small chance of success, most likely the community will be small at a bear market because the market lose a lot of volume and funds, and most of the investors will probably take a break since its the best thing to do after all.

I know some developers that start their own NFT projects and it is not a good start for them because when they start launching their project the market suddenly goes down and that really affects their project affecting investors, Most of the time projects will still earn profit or should I say the developers but most of the project doesn't continue and deliver, so I will avoid projects, especially in a bear market. Everything will skyrocket when the on bull run and that's the best time since investors invest a lot at that time.

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?

[fuguebtc]

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.

[crwth]

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.

[Godday]

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.

[Strongkored]

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.

[LogitechMouse]

~
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.

[MAAManda]

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.

[FireDAO CY]

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.

[Jody.Drummer]

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.

[Tony116]

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.

[dwminer1]

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.

[youdacapt]

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.

[maydna]

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.

[Hypnosis00]

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.

[aioc]

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.

[bittraffic]

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.