Hold VGF ⭐

What is the Golden cross pattern?

Golden cross pattern
A golden cross is a chart pattern technical analysis. When this pattern occurs, it means that a security's short-term moving average is reaching above a long-term moving average or resistance level. It indicates that the bulls are gaining the upper hand in the market.

Is it a good idea to buy a coin during a bear market?🤔

🪙Purchasing a coin during a bear market might be a sensible option if done with diligence. Prices are decreasing in a bear market, and investor sentiment is unfavourable. However, this provides an opportunity to purchase at a lesser price. Before making a decision, it is critical to perform extensive research and analysis. Examine the fundamentals of the coin, including its technology, use cases, and potential for mass adoption. Examine the project team's credibility and track record. Consider the overall market movements and emotions as well. While investing during a bear market can result in possible returns when the coin's value improves, it is critical to diversify your assets and only risk what you can afford to lose.#investing #tips