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A beginner’s understanding to the Cryptocurrency Bull and Bear market

If you are an investor who is looking to get started with the financial markets then this article is for you. The Bull and Bear terms are some of the basic ideologies one needs to understand before starting off their investment journey. This article will help you understand what exactly are Bull and Bear markets and what should you as an investor do in such markets.

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A beginner’s understanding to the Cryptocurrency Bull and Bear market

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  1. A beginner’s understanding to the Cryptocurrency Bull and Bear market

  2. If you are an investor who is looking to get started with the financial markets then this article is for you. The Bull and Bear terms are some of the basic ideologies one needs to understand before starting off their investment journey. This article will help you understand what exactly are Bull and Bear markets and what should you as an investor do in such markets. If you satisfied with some of the ideas presented in this article and are now wondering of the Best place to buy Ethereum in Canada or the best place to buy any cryptocurrency in Canada then we would be helping you getting started towards the end of the article.

  3. What is a Bull Market?A bull market can be defined as the kind of market where we witness heavy buying of any particular assets(cryptocurrencies, stocks)  and that directly inflates the price of the asset(increased demand lower supply). Bull markets are where majority of investors tend to make their bread and butter and a healthy bull market is associated with prosperity. We tend to consistently witness good amount of gains in a bull market with minor consolidations.

  4. What is a Bear Market?Much opposite to that of a bull market, a bear market is where we witness heavy selling in any particular asset. This heavy selling is usually caused because of any sort of negative news in the market which makes investors fearful. This fear results in panic selling and because of the volume of the stock market everyone selling together ends up tumbling the stock prices.

  5. Biggest example of a bear market is the one we witnessed during the emergence of COVID 19. Investors were fearful and did not know what the disease is and what would be it’s repercussions because of which they started withdrawing money from the markets to secure themselves and that resulted in a very strong bear market.

  6. What should Investors do in either of the markets?If you are someone who can time the market perfectly and understands the technicalities and fundamentals of trading in cryptocurrencies then you can swing trade(buy on lows, sell on highs) and make a good income out of it. However, if you are someone who is a long term investor and is looking to generate a good amount of wealth by parking your funds for a while then a bear market is the perfect time to buy good cryptocurrencies and make a strong portfolio for yourself. There is a very famous saying,”Buy when others are fearful and sell when others are greedy”. If you are a long term investor then you have nothing to worry about, these minor ups and downs are a part and parcel of the journey.

  7. Currently, alternate coins like Litecoin , Ethereum , Bitcoin Cash are available at very attractive prices and if you are someone who is wondering “how to buy litecoin Canada” then all you need to do is visit the Netcoins website, create an account and make your first investment today.SOURCE CREDIT: https://netcoins.tumblr.com/post/659733636052025344/a-beginners-understanding-to-the-cryptocurrency

  8. THANK YOU FOR WATCHING

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