Learning Notes | Bull and Bear Markets
① A bull market generally refers to a period when prices rise over an extended period and sentiment is relatively optimistic, while a bear market is a period of prolonged declines and subdued sentiment.
② It usually takes looking back to confirm that the market has shifted from one phase to another; it is difficult to tell while you are in the midst of it.
③ When the market is hot, don’t rush to use leverage. When it is quiet, don’t increase your position just to make back losses.
$BTC 74714.01 (-0.35%)
① A bull market generally refers to a period when prices rise over an extended period and sentiment is relatively optimistic, while a bear market is a period of prolonged declines and subdued sentiment.
② It usually takes looking back to confirm that the market has shifted from one phase to another; it is difficult to tell while you are in the midst of it.
③ When the market is hot, don’t rush to use leverage. When it is quiet, don’t increase your position just to make back losses.
$BTC 74714.01 (-0.35%)
