Post
Topic
Board Bitcoin Discussion
Re: Bitcoin: Bull/Bear Market Which Do you Prefer?
by
Minhxx
on 17/07/2023, 01:35:47 UTC
If you aren't blind sided by hype, euphoria, etc. by the end of the bull run, bear runs can be great. A well-timed short can be extremely. profitable, not to mention the chance to accumulate as you said.

Personally, I prefer when number go up (bull run). I don't like the idea of shorting as it feels like a betrayal to the asset, especially if it's BTC. While accumulating is great, a bull run is needed to make it worth it. Usually the accumulation is a grind, more than an enjoyment.
The market will develop better when there are ups and downs. Eliminate panicking investors or scalping speculators. We should accumulate when the market is down and moving sideways for a long time