Many people don't understand the big difference between bull and bear markets. Simply put:
What does a bear market look like?
At first, prices shoot up, but then they start to decline.
Initially, there are bad news everywhere; prices might rise for a while, but the bad news just can't be stopped.
Price fluctuations are significant, especially for altcoins, which can lose more than 95% of their value in one or two years, leaving only a few strong ones standing. Now, most altcoins have dropped by 90%, and they might drop further. However, the ones that survive will definitely thrive in the next bull market.
Looking at candlestick charts, if there are more red candles (drops), prices will either go down or remain stagnant.
Retail investors have it tough; most are suffering significant losses.
And what about a bull market?
Prices might suddenly drop a bit, but they quickly stabilize and start to rise slowly.
Initially, there’s continuous bad news, but occasionally, there’s good news, indicating a change is coming.
Most cryptocurrencies tend to rise.
The market gets lively, enthusiasm increases, with more green candles (rises), and prices keep going up. It's rare to lose money, and retail investors find it easier to make a profit.
Knowing these differences allows you to navigate the market smoothly, minimizing losses in bear markets and maximizing gains in bull markets.
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