Post
Topic
Board Trading Discussion
Re: Your favorite season to trade cryptocurrency?
by
tbct_mt2
on 25/05/2023, 10:55:02 UTC
Cryptocurrency is risky, and while we are aware of the basic requirements that must be in place in order to profit significantly, not all of us are aware of an appropriate season to trade. Most professional traders prefer the bear season, which, in my opinion, is the best period to conduct critical study on crypto projects, uncover ethical road maps, and invest in them for a possible solid future.
Because of bigger risk in bear market, it is not a more favorite season than with bull market. In bull market, you hardly see project collapses like Luna, FTX. In bear market, any project can fall like that and even professional traders can not know what will happen with a project.

Quote
The bull season is most likely harvest time; we reap what we sow in the market. Which season is better for trading, the bull or the bear?
Bull season is better as it has less risk of collapses when new capital flows in and helps price to rise more. With newbies, it is easier to get profit with trading in bull market with a condition that they don't pick scam projects. If they pick top projects, they will not lose in bull market.