Post
Topic
Board Trading Discussion
Re: Your favorite season to trade cryptocurrency?
by
Gallar
on 01/06/2023, 13:51:41 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. 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?
Actually, these two seasons are definitely needed in trading on the crypto market. So it is certain that all traders in the crypto market must use this technique. Namely by buying crypto when the price is cheap (bearish season) and selling when the price of the purchased crypto is rising (bull season). So actually most likely almost everyone applies the same strategy, when trading in the crypto market. Because actually if it is simplified, trading on the crypto market is not too complicated. Simple as trading on anything else. Buy at a low price, and sell at a higher price. So if you ask, when is the peak season when trading in crypto, it is certain that most are almost the same, because the goal is definitely the same, namely to make a profit.