Post
Topic
Board Speculation
Re: Bull or Bear season for crypto?
by
Silberman
on 09/10/2019, 15:51:43 UTC
those terms have different meanings to different people so while some people may think we are in a bear market like you others may believe we are in a bull market and this is a trap and there are other people like me that believe this is neither a bear or a bull market, the truth is that only time will tell us what is the current state of the market, but obviously at that point it will be too late to take any action that could benefit us.
All I know is that every coin have their own bear and bull season, it could get to a point where the season will coincide as a result of a factor that will give way for that, but naturally, all coins are independent of one another and if they are fully functioning very well, they should have a time where they will be favored and vice versa, according to how active they are in the market.

snip
While it is true that coins can move independently from each other the truth is that all coins are correlated and move in similar ways during the same periods of time, the exception to this is when there is a very high hype for a particular coin and this makes it to move up when the rest of the coins are static, another way in which this happens is if there is an extremely negative news about a coin and this moves the price down, but if you look at the charts you will see that most coins still move in a similar way.