Having only started investing in Crypto 9 weeks ago early November I consider myself a beginner with a lot to learn.
Glad to see you join in crypto community.
I have heard of Bear & Bull Market and my understanding is we are currently in a bear market but what I want to know is there anyway we will know how long this will last for?
None know how long this bearish trend will happen but im sure that once bitcoin find its bottom and there will be another jump and it seems like market will be going to the green candle asap.
What is a normal period of time to be in either market are we talking weeks or months?
Both. Anything in crypto is truly unpredictable.
I am currently invested in 7 different coins and I want to hold them all for at least a year adding to each one when I feel the price is low but how can I tell that?
Do your own research for this.
When I started 9 weeks ago Ethererum was at £3,500 and my mate who introduced me to this crypto world told me to wait until it dropped to £3,200 to start investing. I waited longer then that and started at £3,000 but since then it has just kept falling and I have kept buying. Do we know how low Ethererum can go? Is falling below £2,000 realistic? I dont know, but with my mate telling me to start buying at £3,000 it makes me feel that these current prices are great and I will keep buying.
that's just a common thing. It's always realistic to see ethereum possible to reach such rate but not for this time. I do agree if the current rate is good to buy.
I would just like to be able to look at the market and have a better understanding of everything.
It's good to see that and you can get more knowledge by reading various article about crypto trade.