What Opinions Should People Follow During a Bear Market?

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Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

The ongoing bearish pressure continues to affect all cryptocurrency markets. Such a trend often leads to panic, FUD, miscommunication, and various opinions. Those who have weathered storms like these before will often provide more valuable insights, news, and updates.

For those who were not in crypto during the 2017 bear market, the current market trend may seem rather daunting. Prices continue to go up ever so slightly before being pushed down rather violently. There is no stable price floor for any crypto asset today, and investors tend to get twitchy when easy profits remain elusive for several months. However, this industry can turn around on a dime, even if no one knows for sure if and when that will happen.

Uneasy price momentum also tends to spark a decent amount of FUD and opinions. There is nothing wrong with having an opinion on the current market conditions, yet one shouldn't necessarily make comments without understanding the bigger picture. A lot of new people entered the cryptocurrency space in the past year or two, and they may not have seen a bear market like this one before. It is scary, but at the same time, one cannot ignore everything else that goes on besides the price momentum. 

Fuse Network CEO Mark Smargon explains:

"We're at around 200M people globally in terms of adoption. Recently we've seen retail plays like Starbucks, Gucci, Nike, and others entering the space. The next big cycle will be real-world adoption-led. So focus on real-world adoption during the bear market in order to be successful long term."

It is that vision that remains prevalent among all