Learn From The Bear Market And Reap From The Bull Market

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When I tell anyone about crypto, the first thing I make mention of is the bear market and bull market as I found that to be very vital through the journey down the line. The best part about buying and selling is buying at a low rate and selling at a higher price to maximize profits. Who would be in any business that doesn't guarantee profit. There's no exaggeration about just what the knowledge about the market situation of crypto can do for anyone. I think I haven't had a personal mentor to coach me about how all the sceneries work but being just here in the community is playing out well because I have to watch and learn for myself. At one point in my life I was angry that I didn't have money to invest in crypto but right now, I'm glad because I would have lost a huge sum as I see clearly now that I'd would have gambled my way.

So far my crypto journey has been slow but the knowledge gained can't be ever replaced and speaking on learning, that's what anyone can do for themselves as they are willing to grow bigger.
There's no doubt whatsoever the joy that crypto guarantees as it is ever increasing even while decreasing. What would have been the true benefit of crypto without its volatility because that's the advantage that we have at hand as that takes us one place ahead as the market dips.

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Benefit Of The Bear Market

Definitely, I'd neither be the first or the last to talk about the bear market as this is the time to make hay while the sun shine and actually make the best out of it. The thought about crypto falling in prices used to be a big headache as I couldn't fathom why the price was crashing when I dived into the cryptoverse newly. You know for a fact that when you truly don't understand a concept, you tend to go the direction that best signifies the best way however, it isn't.

The bear market is not a time to be sad but one to get prepared for but how do you prepare for what you don't know. DYOR is very important but most times you end up not doing it except you're well into cryptocurrency.

One man's food is another's poison.
As one is clamoring for bear market, another is clamoring for bull market. The bear market and the bull market are both important for growth and both come in handy as anyone can prepare adequately.
Presently, the bear market is at its finest as it still gives opportunity to make swift dive and get a lot of one's favourite tokens and wait on the bull market.
Seriously, you can't tell when any of the market situation takes effect except when it is being seen in the price.

Reward Of The Bull Market

Without the bear market there's no bull market for sure as there wouldn't be a call to celebrate. Just imagine buying BTC at its current price $19k and selling at $60k and I mean it, because basically that's what we talking about, making profit.
I read somewhere that what's the benefit of investing in crypto when you can't take profit. The best action is to buy low and always sell high. For everyone, they have a plan by which they follow.

Making the best out of the opportunity that crypto brings is surely a big deal finally that the bull market reveals. There are so many that are just waiting for just a glimpse of the bull market even myself as it would just gladden the heart. Anyways as we wait to reap, let us down and learn from the bear market.

Thanks for visiting my blog, till next time.

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