Almost everyone in the forum loves the bull market than the bear market though it has not scientifically proven but people love the bull market more than the bear market, and upon known this, there are some people who are interested in the bear market because they are using the bear to accumulate and store their wallets with enough bitcoins so I decided to know the opinion of the forum users. Among the two which of them do you prefer, is it the bull market or the Bear Market? And why?
Some are investing for the bull market and once the bull market comes they offload the wallet. While.some are perpetual in the holding both in the bull and the bear. So where do you belong? Is the bull market is more important than the bear market? And if I may ask, which one is the best?
Do you think it matters at all? Whatever our preferences could be we do not get to pick the state of the market and at best the only think we can do is to adapt to the current circumstances that we are confronting.
However from the point of view of the profits you can make a bull market is better than a bear market, assuming you are not using leverage, at most you can double your money with a bear market when you go short, however during a bull market if you have a long position you can earn way more than that as technically the upside on the price of bitcoin is unlimited.