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

[AmoreJaz]

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.

first and foremost, what are their goals for this project? do they have enough funds to keep the ball rolling in terms of development? or are they waiting for crowdsourcing activities to finance this project? if they believe their platform is valuable in this market and they can get clients to use their platform, then they can push thru this project. as part of the team, you should feel how this project will perform given the seemingly bearish season. it means, there's waiting time for the team before they can see if this project will move forward. but don't rely from crowdsourcing activities to fund this project.

[MaterialMouse69]

Personally, I would suggest waiting for the trend to change.

Yeah there's always timing in trading that's why a lot of people let the bear market pass before trading or investing. Some of the projects takes year before launching their project, because they know if they launch at bear market, it will be probably a flop. People loves to invest and trade in a good condition of the market so always know when and how you will launch your project the way people would invest. In just days or months you can see the new ways of promoting your projects which could give a good background to your project.

[shinratensei_]

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.

Glad to see you.

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 bear market will be decreasing the interest to invest in the new project. That being said if bear market will be driving the demand to go down. People are keeping their money. That means if launching the project in the bearish market will give negative impact to your project but as long as your project backed by some big parties and i think that it will not have a problem launching your project during the bearish market. I suggest you learn from some projects that launched during the bearish trend a few years ago like sandbox.

[$crypto$]

Depending on the bearish situation whether your project will be able to survive or get support from investors in this difficult situation, so however the team is the most important in this role to develop it so that when doing marketing there are far more interested people when the market is bearish.

People are always skeptical of bearish so it's difficult to do initial funding so they think it will only make a loss and I can't believe this project will be successful if the team can't do good action when developing the project.

[justdimin]

Depending on the bearish situation whether your project will be able to survive or get support from investors in this difficult situation, so however the team is the most important in this role to develop it so that when doing marketing there are far more interested people when the market is bearish.

People are always skeptical of bearish so it's difficult to do initial funding so they think it will only make a loss and I can't believe this project will be successful if the team can't do good action when developing the project.

I think its even better to create a project these days. Because, you may not get any decent funding right now, but if you build a project that is nice and keep it growing, even if it is a small growth, that means you are doing such a great job that people are buying it even when we are in a bear market. It means that we are going to see it grow even bigger when the bull market comes.

You think all these avax, ada, matic, sol and similar high level coins were created in 2021 when they peaked right away? Of course not, they were already there and grew during bear period and they grew a lot bigger when the bull run started and they peaked at the top.

[ichsan ardi]

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...

I think yes, because during a bear market, the average person sells panic and it will affect the project, it's different from people who think that during a bear market, they can buy at a cheaper price. This is my view of two different sides.

[ololajulo]

I believe projects from bear markets may not have been the best, but a large percentage have performed well in the long run. It is likely that they will raise low funds, but they usually make provisions that help developers and give them more time. Some new projects use stable coins instead of their own coin, which I believe will offer users a more comfortable experience with a less risky reward.

[milewilda]

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...

We cant really deny that launching projects on a bear market is never been that looking good or ideal considering that most of investors are really that in doubt or in fear on whats currently
happening within the market which means that if you are really that launching up project then its up to you whether you would be pushing through on this bear market but well if
we do speak on projects which are really that having potential or real use case then it would really be still able to get up some attention on the public
which it could neither be supported or not but likely it would really be able to get some attention if its really that good.

[mirakal]

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.

Yes, those projects are currently not yet making any noises but let's see if it can withstand the current season because bear season is the time where the coins and projects will be heavily tested and mostly will be filtered out especially the ones that doesn't have any utility or is not that appealing to the investors. But if ever those coins will survive the season, then there will be a fruitful season up next when the bull starts, just like Axie.

[Rengga Jati]

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...

Is this yours?
https://coinmarketcap.com/dexscan/bsc/0x8092b65de1f063ca2cf02b611ec74ec82c2f3261/
A successful project will need more elements to be successful, not only because of bul or bear market. But exactly, in bear market, the challenge is much higher and you must be more careful and struggle in this bear market. As well as you can make your projects to be well-known and your team can make more engagement, especially listed on big exchanges, making great progress, and doing more promotions, you may be successful. But exactly, the challenges during bear market is higher.

[goaldigger]

Bear market is not a good idea to introduce a new project, because many investors will not take a risk to invest on new projects since they are more focused to accumulate good coins at a cheaper price. Though you can introduce this already but its better not to list it yet during the bear market. Stay focus on improving the project first before getting listed, usually new tokens are dumping the moment they release it to the public without any good plans or roadmap.

[Jackl87]

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...

On one hand i would say, that if your project is really good with a real use case and so on, then i think it would do fine even in a bear market, but to be honest i am not to sure if that really is true. I think the crypto market is still 90% based around hype alone. During a bull market even the biggest shit projects are pumping while in a bear market even good projects can have a really hard time to survive.
So i think it would definitely make sense for you are and your partners to postpone the launch of your project a bit. At least until the heavy dumping is over and the market seems to be at least a little more stable. I wanted to take part in a public sale of a project today and they also postponed it because of the overall market conditions.

[Captain Corporate]

As someone who has been part of a project before, and also founded a few, and worked for so many, I could say that it is just way too damn hard. First of all it is hard because it requires tens of thousands of dollars at least, EVERYONE wants some money from you, hell the people who could find funding for you requires you to pay for them first, so you pay money to get money... that's just stupid but go search for VC firms and you will see that I am right, spoke with many VC people here and they were all the same, they wanted money before they found us money. Secondly, during the bear market there aren't that many people investing into new things, and the only thing that makes a new project go up is attention, you have to be an original idea but that's not enough, you also need to be wanted, grabbing some attention and that is only good with something unique and useful at the same time, which is rare in the market. YOU may like your own project and think people should too, but more often than not devs are the only ones who are in love with the idea, not the community.

[Wiwo]

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...

From my experience in altcoin project, it is bad for them to get listed in bear market because of the level of impact rhe bear market have on altcoins , take today market situation as example we saw were Bitcoin shaded off a.good percentage of its price thereby losing close to 3k loses per 1 Bitcoin units.

- quite a good number of altcoin projects have postponed their public launch due to market conditions at the time.

[o48o]

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...

Well i've invested on the projects that started during the bear run because they had a good idea behind them. And from the investor point of view you can get the tokens dirt cheap if the project survives and devs keep building. Because they might have their project ready to roll out for a next bull run. Assuming team doesn't start with a finished product. And from the token price point of view, people who have hodled your token trough the bear market are part of strong community with strong hands. You need those.

[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...

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.

first and foremost, what are their goals for this project? do they have enough funds to keep the ball rolling in terms of development? or are they waiting for crowdsourcing activities to finance this project? if they believe their platform is valuable in this market and they can get clients to use their platform, then they can push thru this project. as part of the team, you should feel how this project will perform given the seemingly bearish season. it means, there's waiting time for the team before they can see if this project will move forward. but don't rely from crowdsourcing activities to fund 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.

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.

Glad to see you.

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 bear market will be decreasing the interest to invest in the new project. That being said if bear market will be driving the demand to go down. People are keeping their money. That means if launching the project in the bearish market will give negative impact to your project but as long as your project backed by some big parties and i think that it will not have a problem launching your project during the bearish market. I suggest you learn from some projects that launched during the bearish trend a few years ago like sandbox.

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/ .

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...

We cant really deny that launching projects on a bear market is never been that looking good or ideal considering that most of investors are really that in doubt or in fear on whats currently
happening within the market which means that if you are really that launching up project then its up to you whether you would be pushing through on this bear market but well if
we do speak on projects which are really that having potential or real use case then it would really be still able to get up some attention on the public
which it could neither be supported or not but likely it would really be able to get some attention if its really that good.

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.

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...

Is this yours?
https://coinmarketcap.com/dexscan/bsc/0x8092b65de1f063ca2cf02b611ec74ec82c2f3261/
A successful project will need more elements to be successful, not only because of bull or bear market. But exactly, in bear market, the challenge is much higher and you must be more careful and struggle in this bear market. As well as you can make your projects to be well-known and your team can make more engagement, especially listed on big exchanges, making great progress, and doing more promotions, you may be successful. But exactly, the challenges during bear market is higher.

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.

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...

Well i've invested on the projects that started during the bear run because they had a good idea behind them. And from the investor point of view you can get the tokens dirt cheap if the project survives and devs keep building. Because they might have their project ready to roll out for a next bull run. Assuming team doesn't start with a finished product. And from the token price point of view, people who have hodled your token trough the bear market are part of strong community with strong hands. You need those.

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/

[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.

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.

Yes that's the spirit.

Keep grinding because it will not be an easy thing to do especially if you have many competitors that are almost the same as your project is. As much as possible, try to be unique, and have something in your project that doesn't have with other ones. Starting on Twitter is a good choice since there are many users out there whose involved into crypto (though I myself isn't using Twitter at all ). You might try Facebook Paid Advertisements as well if you have some money to pay. At least that increase your exposure to your target market.

Good luck with your project.

[Farma]

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...

as far as i know, during a bear market, a lot of people hold their assets. some people try to take advantage of the moment that occurs, such as buying coins at a low price or trying to go short. So, when trying to launch a new project, chances are that not too many investors will come in, because there is a lot of FUD going on, given the fact that market conditions are down. in addition, launched coins can have very low prices. most likely the price can make the launch of a new project fail. this is my view. mostly I also see that new projects will be launched when the market has started to recover or go up.

[MAAManda]

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.

If you believe in the core values ​​of your project, you should focus more on the important things like community and utility, leave out things that have to do with market capitalization, if it's about the core values ​​of the project, then any kind of market doesn't affect its development. Now that the market is getting more bearish, you have more time for development.

[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.

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?

It is a good thing if you prepare and launch the project during the bull run but of course, it could slow down your projects when projects launch at the same time, most projects will avoid launching at the same time as some of the small projects to avoid getting overpowered by the bigger project, I mean investors don't really have all the money in the world so if they are going to invest at the same time they are going to invest to projects that have a big hype on the community since it has a higher chance of getting a good profit.

You have a point of having a chance of standing out but the community is just so small at a bear market, so in my opinion, comparing the possible profit that could earn on Bullrun vs bear is enormous in my opinion. I personally know developers that launch projects that didn't go well on the bear market standing out and delivering what you promise is not an easy job so standing out is not enough if there were only a few investors that are going to invest. When the project fails or didn't get that attention it's always difficult to recover even when the bull run is back.