Buying cryptocurrency at a low price during the bear market will make so much sense once the bull run starts.
If you don’t know what a Bull Run means, it’s when the price of crypto assets keeps going up in an upward momentum over a period without a significant drop in price.
These period is where a lot of people are excited they bought crypto, because of the gains they are making on their portfolio.
However, there are many investors who were very excited in the bull run that they didn’t take profits.
That’s why it’s important to know when the bull run starts so you know the right moment to take out profits.
Here are 3 tips on how to know the bull run is coming:
1) Social Media Hype:
One of the indicators that the bull run is about to start is that there will be a huge shift in the market sentiment of crypto traders and investors on social media.
It will be obvious from the increase in the posts, memes and comments published about how some coin prices is to go up in price, because a lot of times they are just building excitement.
2) Crypto Predictions: News publications about certain coins that is predicted to perform very well will become very popular, and most times investors use the information as a signal to know which crypto to buy without doing much research about the coin.
3) Altcoins Pump: When the prices of altcoins especially small cap and mid cap coins begin to record significant gains that is also an indicator that the bull run has started.