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

[nara1892]

Project managers may need to create a strategy that is appropriate for bear market conditions. These strategies can include a number of things, such as cutting costs, collaborating more, reducing risk, providing flexibility, and so on. If, with good planning, the project can be structured to grow and profit even in a bear market, it may be a good idea to start a new project. However, it is still a higher risk than in a bull market.

Not all new projects dump during the bear season, some survived during the bearish market and dump during the bullish. Innovation of crypto projects during the bear market is actually a terrible idea because there's more risks to be nailed higher chances of funds losses. However I totally concord with the fact that new strategies needs to be implemented in the market inother to control the risks involved. I'm definitely studying every single day inother to gain lengthy experience in the market and how it operates entirely.

Indeed in this case not all but most will be like that. The current condition for a new project is clearly a bigger risk than an old project, even though it's good from a management point of view, but when trying to keep pushing with the current timing, it's clear that this will be a very big risk, I think, because in conditions like now, with the storms constantly crashing the only risk is that the first two of us are carried away by the storm and the second we can survive but the conditions are bad. I think this needs to be thought through carefully.

[lalabotax]

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...

Indeed, it will have more obstacles if launching any project during the bearish market. because most of new projects are not able to survive much in the bear market. But, there are also some certain projects that can be hype enough and able to rise up very highly even during the bearish, but unfortunately, they cannot maintain and survive longer in the market, and will be dropped after touching the top price. Tis is challenging. but as long as your team is very serious and professional to bring your project up again, no matter it is bear or bull market.

[Ziskinberg]

Not really on the winning side OP but I know investors are choosy enough when picking projects to invest with.

What I can see during the bear season is that you can't really make a good price on your coins, the demand is low and the price is low. Unlike when starting during the bull season when you can actually set the price high already. But of course, this will also matter on the potentiality of your project OP. You can never do this if the demand is low, this would never happen if you can't attract investors to choose your project because if they have a reason to pick your project, then we can say that success is not impossible.

[Unbunplease]

The launch of a new project during the season is quite possible, if the project is based on an innovative idea. altseason is too short to have time to raise enough money, and to make a listing on good exchanges. That is why most successful projects are launched during bear season.

[TribalBob]

the launch of the project can actually be anytime depending on optimal development if it is in a bear market, but if he can survive until the bullrun and get big profits, it is a successful project

[raidarksword]

Bear market surely have a hard time gather supporters and investors because many of it are afraid of investing on new projects but still depends on what project is all about, partnerships and backers of the project. Still it's l worth it to make a progress of the development of the project that is focus on the long run and use case of it.

[RainbowKun]

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/

I would love to, but about your web page...
Most of the links don't work so i am not getting a full picture on what are you trying to accomplish. The whitepaper link in your homepage doesn't work either, which most definitely should be available for before minting would be an option. I don't have a clue what benefits i would have by being a preliminary member or what kind of adoption you are aiming at.

Just assuming that would want to jump on a bandwagon and mint anything without knowing what i am getting into is sadly a red flag for me. I'll get back to you after i get change to read the whitepaper.

@o48o ,Thank you very much for your attention and support to FireDAO, and also thank you for your valuable suggestions.

We have been preparing for FireDAO for almost a year now, and the white paper has not yet been finalized, and the roadmap is still being determined. Therefore, our official website content is not complete yet.

In the next week, we will focus on optimizing the content of our official website and uploading the white paper to it. We look forward to receiving your feedback after reading it.

Once again, thank you. FireDAO needs more valuable suggestions. We hope to build a strong community during this difficult time in the bear market.

It is a known fact that during the bull run that is when almost all the projects flood into the crypto-currency market in order to make profits and the boost the project.
It is also another known fact that after the bull run, all the projects that flooded the crypto-currency market begin to die off. Especially the ones that are not genuine and do not have a very intelligent and smart team behind it.

It will be a test of resistance and residence if you launch your project during the bear market.
This is because if your project can survive the bear market that means it is a good project and the bull market will boost their Project.
The implication of this is that no other bear market will affect your project since it was created during a bear market.

@KingsDen, my dear old friend, we meet again! I'm back~

I am very happy to see your valuable suggestions. FireDAO is a project initiated by me and my team. After careful preparation, we chose to launch it during this bear market. However, we firmly believe that the bear market is the best period for construction because there are fewer bubbles here and everyone is looking for gems in the bear market. I believe that FireDAO will be the most brilliant gem.

I also hope you continue to give us suggestions. FireDAO will not let you down.

[WillyAp]

Well if you can make it in bear market you are good.
Best bases are to have a community which is ready to commit.
Out of cero, not having planned will certainly not go very far.

[abel1337]

I believe that bear market is a building season for projects. For sure projects that has a little to no funds will struggle at the bear market but those projects who has funds and only intended for the project building will take the advantage of making potential investors see their growing project and there will be no rush in developing, The result will be quality for sure. I've seen project that build in the silence last bear market and took advantage of the bull market with a working product which users enjoyed. Let's take axie infinity as an example, We all know that they made a significant advantage in play to earn hype last bull market and it's because they have a working product that had they have been developing since the last bear market. Today they are still building and hoping that they could get a second chance in the market popularity.

[fzkto]

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...

Indeed, it will have more obstacles if launching any project during the bearish market. because most of new projects are not able to survive much in the bear market. But, there are also some certain projects that can be hype enough and able to rise up very highly even during the bearish, but unfortunately, they cannot maintain and survive longer in the market, and will be dropped after touching the top price. Tis is challenging. but as long as your team is very serious and professional to bring your project up again, no matter it is bear or bull market.

Almost all Binance IDO projects perform well after even a few bearish cycles. It all depends on who owns the project and what kind of partners they have. Usually it is the little-known projects that become the most successful after a bear market. The most recent example is Aptos.

[fvb]

If the project has the potential, then it will shoot anyway. And if it is an ordinary clone of something already created, then it is much more difficult. It takes time to create a project and it can be beneficial while the project is developing.

[bitgolden]

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 the whole point is to shill, then even during bear market the shilling will not be a good one because they would not care about it at all and people would just simply ignore it. Why would we care about something when we all know that it is not going to be so simple and it is going to end up with a trouble in the long run?

I am not saying it will be the best case or anything like that of course you could be terrible during the bull run as well and there is no guarantee, but at least you would have a better chance. No idea about all this fire or whatever thing, it is just shill but you won't get any attention with that type of low level shilling here, not during bear market at least.

[passwordnow]

2018 proved that it was never a good idea to launch a project during the bear market if you've got no long term goals for what you're working on. I've seen projects die off easily from there and then lost track because they're not committed to what they're working on. But, I also saw a few projects that introduced themselves on that bear market and didn't stop from there and managed to reach the bull run and then, that was the time that they found success. By looking at the two situations, you can think of it and have an idea of whether you'll have what it takes to pursue the project or just stop.

[crzy]

If the project has the potential, then it will shoot anyway. And if it is an ordinary clone of something already created, then it is much more difficult. It takes time to create a project and it can be beneficial while the project is developing.

This will depend on the project and their implementation, bear market can also be a good opportunity and there are some projects who launched their project during bear market, you might not see the mass adoption right away but as I can see now, they are slowly building a good reputation and the project is really doing well despite of the bear market, if you are an investor you have to anlyze if the project is worth the risk.

[Farma]

2018 proved that it was never a good idea to launch a project during the bear market if you've got no long term goals for what you're working on. I've seen projects die off easily from there and then lost track because they're not committed to what they're working on. But, I also saw a few projects that introduced themselves on that bear market and didn't stop from there and managed to reach the bull run and then, that was the time that they found success. By looking at the two situations, you can think of it and have an idea of whether you'll have what it takes to pursue the project or just stop.

Well, in fact, there are so many ICO projects that failed in 2018, whether they are still selling, those that are just running, or even those that have been on the market for a long time. However, at that time, all asset prices fell, and people tended to prefer holding their digital assets or adding to popular assets like bitcoin. However, if it's just introducing the project, and attracting potential users, it's still a good idea. IMO, in bad market conditions, and the prospective project to be developed can overcome this problem, then that can be a good signal to sell after a bear market occurs. however, selling in a bear market is still a bad idea.

[yazher]

I think if they have a unique approach to promoting their project, why not?

There are lots of people out there waiting to invest in the right project and if they really have a legit one, they might get huge numbers of investors in the first phase of their launch. Just like the NFT games a few years ago, they don't really need to sacrifice some time to promote their project, they just let the players do the work but unfortunately, those games turned out to be scams or just some pump-and-dump crypto games. Too bad for them, if they were just real and legit, they could have grown it until today but they choose the bad side of the story.

[FireDAO CY]

2018 proved that it was never a good idea to launch a project during the bear market if you've got no long term goals for what you're working on. I've seen projects die off easily from there and then lost track because they're not committed to what they're working on. But, I also saw a few projects that introduced themselves on that bear market and didn't stop from there and managed to reach the bull run and then, that was the time that they found success. By looking at the two situations, you can think of it and have an idea of whether you'll have what it takes to pursue the project or just stop.

Well, in fact, there are so many ICO projects that failed in 2018, whether they are still selling, those that are just running, or even those that have been on the market for a long time. However, at that time, all asset prices fell, and people tended to prefer holding their digital assets or adding to popular assets like bitcoin. However, if it's just introducing the project, and attracting potential users, it's still a good idea. IMO, in bad market conditions, and the prospective project to be developed can overcome this problem, then that can be a good signal to sell after a bear market occurs. however, selling in a bear market is still a bad idea.

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 think if they have a unique approach to promoting their project, why not?

There are lots of people out there waiting to invest in the right project and if they really have a legit one, they might get huge numbers of investors in the first phase of their launch. Just like the NFT games a few years ago, they don't really need to sacrifice some time to promote their project, they just let the players do the work but unfortunately, those games turned out to be scams or just some pump-and-dump crypto games. Too bad for them, if they were just real and legit, they could have grown it until today but they choose the bad side of the story.

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.

[cute nmp]

Don't think it is a good idea to launch a project during the bear market.Most atimes the project won't be able to secured enough funding because most people are afraid to make an investment during this type of period,better to wait till the market becomes more stable before launching a new project for the progress of both sides.

[topman21]

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 market is going through a very bad situation since 2022. As far as I know new projects have been successful but most have turned out to be scams. And there are other projects that have tried hard but so far haven't taken off well. But the market is slowly getting better, you can go ahead with your project. No bad or good timing is required for project success. If you have far-reaching efforts and good future plans, you can definitely make your project a success.

[lobo13hf]

if the project main funding coming from crowdfunding then get ready not to achieve your target but if it's airdrop based, it will become famous just like aptos only if the project it self also have quality.
bearish is good time for freebies and usually developers could get some free marketing from the airdrops, but if it's about gathering money from the masses forget it, it will fail.