Separating Fact from Fiction in Bullish and Bearish Trends
As everyone knows that the crypto market runs on a certain cycle which even a child understands that this cycle lasts for 4 years. Both bear and bull phases are involved during the same cycle. That is to say, if there is a 2-year bear trend to begin with, then the last 2 years include a bull run.
This is a fact and now you look at the past graph history of BTC and you will believe how BTC moves in 4 years. Same thing happened in the last cycle when #BTC hit 4K then back to 69K in bull run.
Which clearly shows that the crypto market runs on a certain cycle. But now the question is, nevertheless, the crypto market itself tells how to buy and how to sell. Despite this, investors are not able to get rich?
Or I raise another question who are the people who buy at a particular time and sell at that particular time. Meaning, who are the people who choose the bear and the bull time? Somewhere this crypto market is not a centralized base?
These are some questions I am unable to answer. However, I will add my answers while giving my opinion based on my research and knowledge.
Remember, when the market is bearish, most people do not buy and think that now is not the time to buy or wait a little longer for the price to come down.
Or some investors are spoiled by news and false rumors. I have a friend who has lost millions in the crypto market so far. Although he makes a buy at the right time in the bearish zone.
The Clockwork of Crypto's 4-Year
Now what is the reason that he has made loss after loss and in 7-8 years till now he has lost money instead of making money.
He himself says that I buy a coin after doing research and I believe that the coin will go up. What's more, he also buys coins but when I see videos on news or #YouTube, I lose faith in those coins.
As soon as I sell that coin, that coin starts running. In doing so, he has so far caused a loss. The point of telling this story is that after doing your research, don't go for rumors, fake news and fake videos, but stick to your strategy.
Is the second answer that the market is really centralized, run by a certain group? No it doesn't and I understand that after passing the long bear market, the bull run begins where individuals up to whales start buying and that's where the bull and bear selection comes in.
What are your answers in this regard? Do you think this market is really decentralized and what is the reason for the specific bull and bear timing? Will be glad to see your answers in the comment section.
I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.
NOTE: IMAGES ARE EDITED IN CANVA.
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