Post
Topic
Board Bitcoin Discussion
Re: Bitcoin: Bull/Bear Market Which Do you Prefer?
by
Cryptomultiplier
on 26/07/2023, 16:12:43 UTC
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?

For some like me who prefer to HODL, it doesn't really matter whether it is bear or bull season, we just keep storing BTC. I do intend to become a good trader someday soonest because I have to put the little knowledge I have into practice. I know in summary that I can profit in the bullish season if I sell because that is when there is growth.
Both have their pecks depending on whatever strategy you intend to use to trade.

An avid trader would have been conversant with these market seasons, else there would only be losses recorded.
What many traders or potential traders who want to take advantage of these market seasons do, is to follow signals on telegram, twitter, Instagram or any other website where the primary aim is to give updates and explain the charts and graphs of market movement and trends which lead to bull and bearish seasons.