2 𝐒𝐞𝐚𝐬𝐨𝐧𝐬 𝐓𝐨 𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝 𝐓𝐨 𝐀𝐯𝐨𝐢𝐝 𝐋𝐨𝐬𝐢𝐧𝐠 𝐌𝐨𝐧𝐞𝐲 𝐖𝐡𝐞𝐧 𝐈𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠 𝐈𝐧 𝐂𝐫𝐲𝐩𝐭𝐨𝐜𝐮𝐫𝐫𝐞𝐧𝐜𝐢𝐞𝐬 𝐚𝐬 𝐚 𝐁𝐞𝐠𝐢𝐧𝐧𝐞𝐫
1.Bull Season
2.Bear Season
Before you continue..
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Imagine a bull 🐂
charging ahead with
strength and enthusiasm.
That's the spirit of a bull market in crypto!
During the bull market, crypto prices do
go up in value generally and investors
are hopeful. This positive sentiment
often attracts more buyers, leading
to further crypto price increase.
Now, let's talk about the bear 🐻 season.
This is a hard time for investors whereby,
hopes are down and prices do decline.
This leads to a more cautious and,
negative market sentiment where,
investors might sell their holdings,
and driving the market down.
In crypto investing,
patience is what you need
to avoid losses in both seasons.
Most times, the bull season follows
the halving event which makes
Bitcoin more rare since it
gets reduced in supply
and demand rises.
Note: Bitcoin halving event is expected to
happen next year and you should prepare
ahead for it. I had a great time watching
the market mooning in the last bull run!
"Every investment comes with potential
risks to lose money (Crypto inclusive),
you only need to state your entry and
exit plan and stick to it as an investor
to secure your profits. Don't forget to
buy the bear and sell the bull!"
- Michael
Which of these two seasons did you join Crypto? Share it with me in the comment.
PS: kindly share this post to help others.
𝑭𝒊𝒓𝒔𝒕 𝒕𝒊𝒎𝒆 𝒔𝒆𝒆𝒊𝒏𝒈 𝒎𝒚 𝒄𝒐𝒏𝒕𝒆𝒏𝒕? 𝑻𝒉𝒆𝒏 𝑭𝑶𝑳𝑳𝑶𝑾 𝒎𝒆.
© Michael Akerele (#AwesomeMike)
