Post
Topic
Board Bitcoin Discussion
Re: Bitcoin: Bull/Bear Market Which Do you Prefer?
by
TheGhostMan
on 20/07/2023, 23:00:14 UTC
`~snip~~

When people invest in Bitcoin they always expect bull market for their profit. Percentage wise almost most people go for bitcoin bull market which will give them huge profit. But there are people who prefer bear markets to buy and hold bitcoins in their wallets looking for bear markets. I always like bull market because then the market is always moving in a good position which will give me good profit. Many times it is seen that when the price of Bitcoin is in a good position, there is no possibility of risk and no shortage of money. But I also think it's a good idea to invest in Bitcoin when the Bitcoin market is in a bear market. Investing in bitcoins from the bear market and waiting until the bull market will give me a great profit. But most people prefer bull market over bear market and they always research when bull market will happen.

          Both the bull market and the bear market are fundamental, and at different times, people tend to show a preference for one or the other. Why do I say "at a certain time"? To explain it simply and concisely...

When a person seeks to increase his investment and has no interest in long-term investments, what he least wants at that moment is for the market to enter a bearish phase, since this could mean losses in his investment. At that point, that person would prefer a bull market. On the other hand, some investors eagerly wait for a bear market to buy at lower prices and then patiently wait for the bull market to improve their investment.

Both markets are important and indispensable at certain times and it is up to you how to know how to take advantage of these moments and see opportunities where others do not.