How exactly do you define the bull and bear markets people talk about so often? Don’t worry, your class rep is here to explain:
You can usually only confirm that the market has shifted from one phase to another by looking back. It’s hard to tell while you’re in the thick of it.
Market sentiment can also magnify price swings: when prices rise, more people pile in; when they fall, panic selling increases, making prices fluctuate even more.
I didn’t understand this back then, and the money I lost could’ve paid for several hot pot meals.
$BTC 82530.01 (+1.01%)
#BTC
NFA, DYOR.
You can usually only confirm that the market has shifted from one phase to another by looking back. It’s hard to tell while you’re in the thick of it.
Market sentiment can also magnify price swings: when prices rise, more people pile in; when they fall, panic selling increases, making prices fluctuate even more.
I didn’t understand this back then, and the money I lost could’ve paid for several hot pot meals.
$BTC 82530.01 (+1.01%)
#BTC
NFA, DYOR.