🔍 Today's key takeaway: bull and bear markets
In stock markets, a decline of more than 20% from a peak is often considered the start of a bear market. There is no universally accepted definition in crypto markets.
When markets are hot, don't rush to use leverage. When they're quiet, don't increase your position just to recoup your losses.
Understanding the rules helps you make more informed decisions; it's not about trying to predict whether prices will rise or fall.
Many people use the price movements of $BTC to describe the current phase of the entire crypto market. Currently: 74345.47.
#BTC
In stock markets, a decline of more than 20% from a peak is often considered the start of a bear market. There is no universally accepted definition in crypto markets.
When markets are hot, don't rush to use leverage. When they're quiet, don't increase your position just to recoup your losses.
Understanding the rules helps you make more informed decisions; it's not about trying to predict whether prices will rise or fall.
Many people use the price movements of $BTC to describe the current phase of the entire crypto market. Currently: 74345.47.
#BTC
