The Bear Market is for Building

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The downturn of the market's fate has been at the centre of many crypto conversations. However, despite the horrible situation surrounding the market, investors' confidence has been largely unshaken.

A research by Bitstamp showed that the amount of trust that the general public places on Cryptocurrencies have been relatively stable, with all things considered. The research was based on data derived from a number of crypto investors spread out across the world.

The findings showed that while trust in cryptocurrencies had technically reduced when you compare it to the state of the market, it is inconsequential. The report was generated through data collated between q1 and q2 of this year.

What we find is that the crypto trust percentage varies from one country to another. Interestingly, in the USA for example, the trust percentage even rose.

According to Bitstamp, the study is based on a survey conducted by an independent research firm and involves 28,000 retail and institutional investors in 23 countries. It is a small sample size but the inferences make for good reading.

For what it is worth, the overall trust in crypto trust has in fact reduced. But as I mentioned earlier, when you compare it to how long and gruelling the bear market has been, it points at a relatively healthy and stable market.

The Builders don't care

The main takeaway from the state of the market and the research is that builders are licking their lips at these low prices. The chads are unfazed by numbers going up or down because the target is sustainability.

The volatility of the crypto market is a distraction from all the important projects that are working in the background. For builders, it is never about where the numbers go, it is about creating a sustainable product that can withstand the market.

At the end of the day, numbers will always go up and down, that's just part of the game. However, to last, you need to build a project that is immune to variations in the market.

So, what better time to build than in a bear market when the market is often at its lowest?

From an investor's point of view, the bear market is the best time to put your money where your mouth is. Do enough research, find the right asset and you could be setting yourself up for a really bright future.

Posted Using LeoFinance Beta

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5 comments
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I find that it takes vision to move contrary to those who follow the crowd and sell when they should be buying. I'm glad to be part of the cohort with the eyes to see.

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…the bear market is the best time to put your money where your mouth is.

The bear is indeed the best time to put your 💰 up. I liken it to loading up on cheaper supplies/materials and building when the real estate market is down…proper positioning

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true, in fact, holders are not selling crypto in general

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