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Author Topic: How will fundamental projects survive a bear market?  (Read 42 times)

AishwaryaDas

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How will fundamental projects survive a bear market?
« on: November 24, 2021, 03:23:15 AM »
Hey guys, I don’t want to breed fud here, but as everyone knows, markets have their own trends (not only cryptocurrencies) and sooner or later, the bear will replace the bull.
So, my question for discussion is this.
As we all remember from 2018, many fundamental projects with technologically strong ambitions simply did not survive it.
Over the past 2 years, a lot of cool blockchains have appeared with their ecosystems, such as Dot, Near, Solana, Matic, AVAX etc.
do you think their technological potential will be able to survive the next trend? How strongly people value technology over speculation in 2021

CryptoboyRamesh

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  • Re: How will fundamental projects survive a bear market?
    « Reply #1 on: November 24, 2021, 08:00:23 AM »
    projects that can survive are those that are not here for short-term gains only. if the dev team has strong foundation to begin with, with enough financial resources to back up their developments, they can't easily be abandoned. also, you need to check their partnerships with other companies, if several partners are on board, would be hard for the project to just let their project die as there are other companies that are relying on their deliverables.
    with platforms that you mentioned, they have quite good following because you are seeing progress with their developments. and like SOL for example, some projects are now starting to utilise their services, and their chain is now even included in the options in some exchanges.

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