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Author Topic: Bitcoin: Bull/Bear Market Which Do you Prefer?  (Read 804 times)
posi
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July 17, 2023, 05:52:32 AM
 #41

Almost everyome in the forum loves the bull market than the bear market though it has not scientifically proven but people love the bull market more than the bear market, and upon known this, there are some people who are interested in the bear market because they are using the bear to accumulate and store their wallets with enough bitcoins so I decided to know the opinion of the forum users. Among the two which of them do you prefer, is it the bull market or the Bear Market? And why?
Some are investing for the bull market  and once the bull market comes they offload the wallet. While.some are perpetual in the holding both in the bull and the bear. So where do you belong? Is the bull market is more important than the bear market? And if I may ask, which one is the best?


I don't know if anyone else is like me, but I prefer bear markets to bull markets. I mean, both markets are equally important because we cannot make a profit if there is only a bear market without a bull market. But I like the bear market to last a bit longer because I will have more time to accumulate the potential coins of my choice. I don't need a long bull market, just having it run for a month or two is enough for us to take profits. Like now, many people are expecting bitcoin to go up to $35k, $45k, but I hope bitcoin to stay below $25k to accumulate.

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July 17, 2023, 06:29:05 AM
Merited by fillippone (1)
 #42

in the crypto world of course there is always a bear market and a bull market, and with a bear market and a bull market of course it will provide benefits for those who need it, for example if we have sold btc when the btc price is high then surely after selling btc at high prices usually want a market bear because they want to buy btc again from a low price.
but for people who have bought btc at a low price, they will definitely want a bull market because they have bought btc during a bear market.

in this case I want a bull market, namely so that I can get big profits.

but if there is a price decrease it's also not a problem because I will buy more btc from a low price.

so i really enjoy my investment in btc.

R


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July 17, 2023, 06:40:01 AM
 #43

Its not a matter of personal taste here, whether you're a bull or a bear. Strategy is key. Market bulls? Like massive rock concerts, they feature blaring music, flashing lights, and an enthusiastic crowd. Everybody enjoys watching their money increase, right? Every celebration, though, must come to an end. Many people misunderstand it because of that very point. They follow the herd, are impressed by the bull, and then fail to realise that the trend could quickly reverse.

Conversely, during a bad market, investors may experience "mental dissonance." No one enjoys seeing their investment portfolio lose money, but when prices drop, it might be a good time to buy. Only a seasoned investor would realise this. They have adopted a "buy and hold" strategy. You must take on the role of the chessmaster, not a pawn. Which is preferable? Neither. The ability to adjust to changing circumstances and make sound decisions is crucial. Now you're talking, buddy.

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July 17, 2023, 06:54:37 AM
 #44

Almost everyone in the forum loves the bull market than the bear market though it has not scientifically proven but people love the bull market more than the bear market, and upon known this, there are some people who are interested in the bear market because they are using the bear to accumulate and store their wallets with enough bitcoins so I decided to know the opinion of the forum users. Among the two which of them do you prefer, is it the bull market or the Bear Market? And why?
Some are investing for the bull market  and once the bull market comes they offload the wallet. While.some are perpetual in the holding both in the bull and the bear. So where do you belong? Is the bull market is more important than the bear market? And if I may ask, which one is the best?
I do not know what good in knowing the preference of other people toward Bullish and Bearish Cycle. But here is my answer: which i prefer Bull Market because in Bull market i can make money no doubt i can also make money in Bearish market too by shorting the tokens and coins. But i am more of a religious person and i intend to follow correct path.

Many will criticize me for bringing religion into this but you might convince your mind that it's not a thing but To be Honest it is reality from which we can not turn away.

So, I avoid to perform future trades because they include interest in it and interest is Haram in Islam so i avoid to perform Future Trade. So only knowing option to me left is spot trading and i can only benefit from bull market by doing spot trading or just by holding my assets. So instead of doing spot trading i am doing holding only.

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July 17, 2023, 07:10:45 AM
 #45

Among the two which of them do you prefer, is it the bull market or the Bear Market? And why?
Both.
I mean there are opportunities in both the bear and the bull market. During the bear market, you have the opportunity to buy different cryptocurrencies at a discounted price. On the other hand, during the bull run, you also have the opportunity to sell your coins at a huge profit. I mean why choose between the 2 of them. It all comes to opportunities because that's what investing is. You grab opportunities in order for the investor to have huge profits.

Some are investing for the bull market  and once the bull market comes they offload the wallet.
Investing, and waiting for the bull market to happen is the most popular strategy that medium to long term holders are doing. They invest during the bear market, hold that coin for years, then offload it, and sell during the bull run. One of the easiest strategy to do, but definitely not the easiest one to implement because there are investors who are greedy enough to the point where if their target price was reached, they will feel that it might go even higher thus, waiting for price to go even higher, but there are times where the opposite happens causing them to feel disappointed.

some are perpetual in the holding both in the bull and the bear. So where do you belong? Is the bull market is more important than the bear market? And if I may ask, which one is the best?
Both are important to me.
Like I said, it all comes to opportunities, and there's always an opportunity in both of them.

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July 17, 2023, 07:21:15 AM
 #46

Almost everyone in the forum loves the bull market than the bear market though it has not scientifically proven but people love the bull market more than the bear market, and upon known this, there are some people who are interested in the bear market because they are using the bear to accumulate and store their wallets with enough bitcoins so I decided to know the opinion of the forum users. Among the two which of them do you prefer, is it the bull market or the Bear Market? And why?
Some are investing for the bull market  and once the bull market comes they offload the wallet. While.some are perpetual in the holding both in the bull and the bear. So where do you belong? Is the bull market is more important than the bear market? And if I may ask, which one is the best?


Of course, we all wanted the Bullrun because that is where the profit is made that is the time that we sell our holding and probably going to risk more. But for sure both bear and bull markets are both part of the market but we didn't really all have money to invest in the market so the bear market is still important at some point, To be honest, I would like the bear market at this moment because I just don't think that I do hold a big amount of bitcoin at this time, so I wanted to accumulate more bitcoin as soon as possible but the market price is already pumping we even see the market price of Bitcoin reach 31k$ last time, it's a still a bear market but compared to 15k$ dump If I did buy on that price I could potentially make even more profits compared if I buy at this moment around 30k$.

Both Bull and Bear market are part of the cycle, what is important is position your self, on bear market continue to buy more bitcoin and on Bullrun you could sell them for profits.

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July 17, 2023, 07:35:08 AM
 #47

Almost everyone in the forum loves the bull market than the bear market though it has not scientifically proven but people love the bull market more than the bear market, and upon known this, there are some people who are interested in the bear market because they are using the bear to accumulate and store their wallets with enough bitcoins so I decided to know the opinion of the forum users. Among the two which of them do you prefer, is it the bull market or the Bear Market? And why?
Some are investing for the bull market  and once the bull market comes they offload the wallet. While.some are perpetual in the holding both in the bull and the bear. So where do you belong? Is the bull market is more important than the bear market? And if I may ask, which one is the best?


Both are equally important, and we can't decide how long the bear market will last and how long the bull market will last, so I prefer neither one over the other, for me, both are the same. I just knew that to survive in the marketplace, I needed to adapt to everything, no matter how harsh it was. What I need to do is I will buy and accumulate when the bear season comes, and will try to sell when the bull season comes. I don't care too much about how long the bear market lasts because I know it can't last forever.

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July 17, 2023, 08:19:01 AM
 #48

This is a very silly question to be honest op. Who wouldn't prefer a bull market over bear market? There are pros to a bear market for sure, but they pale in comparison to the pros associated with a bull market.

Personally, I have earned sizeable profits thanks to bull markets now and then when compared to bear markets.

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July 17, 2023, 08:22:30 AM
 #49

Almost everyone in the forum loves the bull market than the bear market though it has not scientifically proven but people love the bull market more than the bear market, and upon known this, there are some people who are interested in the bear market because they are using the bear to accumulate and store their wallets with enough bitcoins so I decided to know the opinion of the forum users. Among the two which of them do you prefer, is it the bull market or the Bear Market? And why?

I love both the bear market and the bull market, they have their opportunities as bull market makes you profits as all bitcoins pump during this period which altcoins also follows and if you has invested in Bitcoin and some lucky tokens that pump with the market, you'll make so much profits. Bull market are for benefiting from the investment you made when the market was bleeding and many individual decided to be selling their Bitcoin instead of holding.

Bear market isn't always friendly to investors as a lot of project lose value but this also give investors that were smart to hold cash during this period an opportunity to buy Bitcoin and an opportunity to dollars cost average as we can buy more quantity of Bitcoin as price falls.



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bakasabo
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July 17, 2023, 08:30:39 AM
 #50

This is a very silly question to be honest op. Who wouldn't prefer a bull market over bear market? There are pros to a bear market for sure, but they pale in comparison to the pros associated with a bull market.

Personally, I have earned sizeable profits thanks to bull markets now and then when compared to bear markets.

Both bull and bear markets allow to earn, so it depends from the tactics persons uses. I think you prefer bull because you have to do less to get profit. Basically you do nothing and get profit. Your portfolio grow by itself. With bear, you will have to do some manipulations to earn.

I agree that most will prefer bull market, but the reason would be persons mental condition. People love to see green market, instead of red, people love to see increasing numbers.

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July 17, 2023, 08:50:01 AM
 #51

Almost everyone in the forum loves the bull market than the bear market though it has not scientifically proven but people love the bull market more than the bear market, and upon known this, there are some people who are interested in the bear market because they are using the bear to accumulate and store their wallets with enough bitcoins so I decided to know the opinion of the forum users. Among the two which of them do you prefer, is it the bull market or the Bear Market? And why?
Some are investing for the bull market  and once the bull market comes they offload the wallet. While.some are perpetual in the holding both in the bull and the bear. So where do you belong? Is the bull market is more important than the bear market? And if I may ask, which one is the best?



I actually can't choose. Int he bear market I'm buying as much BTC as I can, it's just a good sale for me. In the bull run, I'm still DCAing, but it feels kinda bad to buy it at higher prices. But seeing your investments going up is nice.
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July 17, 2023, 09:13:08 AM
 #52

Bear markets are good example of a dry season where you are to keep planting some seeds and a Bull market is like a rainy season where you ut to relax and start seeing your seeds growing, it's not a time to hustle, it's a time to start reaping, it's crazy how some people will start buying Bitcoin at 70,000$ in near future, something they should have done when it was 19,000$, anyway, the lack of knowledge is why this is happening and honestly its good for people like us because someone have to buy from us anyways.

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July 17, 2023, 09:18:04 AM
 #53

I actually can't choose. Int he bear market I'm buying as much BTC as I can, it's just a good sale for me. In the bull run, I'm still DCAing, but it feels kinda bad to buy it at higher prices. But seeing your investments going up is nice.

It won't be bad for you and for others as long as the price still has the potential to increase even higher than what you bought in DCA. Because you can see how other people have done very well and wisely to find such a good profit after buying DCA. You don't need to worry about buying Bitcoin because now there are so many references that you can read and learn about investment and trading matters which include Bitcoin along with other cryptocurrencies. So you just need time to understand and practice it into your own life.
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July 17, 2023, 09:30:22 AM
 #54

Of course, people prefer bull runs to bear markets because, at that time, they can get the most profit by selling their Bitcoin at the highest price. But people should also like a bear market because it is a time for them to buy more Bitcoin than before and hold it for a while.

The people who don't like bear markets usually buy Bitcoin at a high price and the market immediately goes into such a deep downturn that they can't do anything but hold on to the Bitcoin. But some people immediately sell their Bitcoin even though they have lost because they want to buy it cheaply.

I like both the bull market and the bear market because after successfully selling at the highest price, I usually leave the market immediately and wait until the correction or decline is lower than before. Some people have not sold Bitcoin at the highest price and it is because the price that Bitcoin has reached has not reached its target price so these people choose to keep holding Bitcoin. Each person must have their own target so they will do something based on market conditions.



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July 17, 2023, 10:11:26 AM
 #55

If you understand this crypto market very well, value-wise and cycle wise you will see both the Bull market and Bear market as an opportunity,  everything with crypto and Bitcoin is time wise, keep accumulating throughout the bear market and keep taking profits throughout the Bull market, this is all I can say about this question.

Both sides are beneficial if you know what you are doing, and most importantly everyone just needs to have a lot of patience because Crypto investment takes time to yield, this space is not a invest and get rich quick place, if that's what you seek look into high yield investment platforms, there are many out there or just head to online casinos.

The patience part, years and years of holding, this is what suffocates many along the journey, they at one point get tired, they want quick action, it has happened many times and some failed to learn their lessons and I believe it will happen again.

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July 17, 2023, 10:32:39 AM
 #56

I have been hearing of Bitcoin when I'm final year in high institution and a friend introduce me about Bitcoin during the Bull Run and I was previlage to view his portfolio in spot wallet in Binance Exchange, while educating me on difference types of coin's that he made profits, as a newbie, I don't know what is called Bear market, only thing I normally had from him Coin is pump and make profits, therefore I prefer Bull Run than Bear market, because of fast in pump of coin, while Bear market is the current situation that makes many coin turn zero in value in the wallet, many people are experiencing today.

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July 17, 2023, 11:06:55 AM
 #57

Almost everyone in the forum loves the bull market than the bear market though it has not scientifically proven but people love the bull market more than the bear market, and upon known this, there are some people who are interested in the bear market because they are using the bear to accumulate and store their wallets with enough bitcoins so I decided to know the opinion of the forum users. Among the two which of them do you prefer, is it the bull market or the Bear Market? And why?
Some are investing for the bull market  and once the bull market comes they offload the wallet. While.some are perpetual in the holding both in the bull and the bear. So where do you belong? Is the bull market is more important than the bear market? And if I may ask, which one is the best?
Both seasons are very important and they have their own significance. The bear season is an investment period for acquiring and storing Bitcoin and sometimes an investor might be get worried, unsettled and have some doubt about his/her investment based on the price movement. Whether the market price of Bitcoin would make a downward movement or shoots up and when it falls, the person panics. All these uncertainty sometimes drives weak hands crazy. But I would say the bull is the best season since it's the period to cash on your investment and you get filled with glee for a good returns.
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July 17, 2023, 11:43:14 AM
 #58

The bear time of bitcoin means nothing to me, it adds no value than to reduce the purchasing power of my BTC. Not that I don't know how to trade bitcoin on future and spot, I decided to stop trading for months to focus on my job, it can be earning me more when I trade it but not with the little time I have. The only option is to be buying it to hold for many months and years to know what it can offer me.

Mine is personal, but to many too, I say that bulls time will be more helpful. The reason being that when bitcoin is falling, no holder can gain and those who think they can trade futures may lose their money. It is little people who gain from future trading. But the bull time will make everyone smile for holding as alternative to risky future trading.
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July 17, 2023, 11:41:51 PM
 #59

Bullish market? Bearish market?... Both are good, depending on the perspective from which you look at it. In a bear market you can accumulate your bitcoins until you have a considerable amount and from there prepare for an upward movement, if we are already in the situation of the latter, it would also be excellent news since it is known that the assets stored in the wallets they will be able to increase their value... so for an investor, specifically for those who trade, both circumstances are necessary, since with this they can play with the volatility of the currency and obtain favorable results as time goes by.
If I analyze these rises and falls of bitcoin for an investor who only buys regardless of the scenario in which this asset is only to save it and withdraw it in a while, I think that upward movements would benefit him more, although I do not see this strategy as very accurate anymore that the possibility of avoiding losses is not being evaluated... in short, for me both situations are beneficial.
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July 17, 2023, 11:51:05 PM
 #60

The bear market is the time for us to accumulate and buy at a high discount, the bull market is the time for us to take profits. So both are the same and have different tasks. I like both the bear market and the bull market because I love the crypto market, I have never been afraid of the bear season like many others, I even get excited every time bitcoin drops in price. I don't know how long the bear market will last but I will keep accumulating bitcoin and some altcoins until the bull market comes, I will sell them.

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