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?
I think you can trade in both bear and bull markets because trading opportunities come in every season, but most day trading opportunities come in bear market. This is because whenever the market is bearish, people tend to invest in smaller coins instead of investing in Bitcoin, which often pumps up the prices of the coins. I personally find the bear market suitable for day trading.
When it comes to investment, the best time for investment is bear market where you buy tokens at low price and sell them in bull market at good profit.
Risks are always there in this market but a good strategy and the best choices can reduce the risks considerably.