Almost everyone in the forum loves the bull market than the bear market though it has not scientifically proven but people love the bull market more than the bear market, and upon known this, there are some people who are interested in the bear market because they are using the bear to accumulate and store their wallets with enough bitcoins so I decided to know the opinion of the forum users. Among the two which of them do you prefer, is it the bull market or the Bear Market? And why?
Some are investing for the bull market and once the bull market comes they offload the wallet. While.some are perpetual in the holding both in the bull and the bear. So where do you belong? Is the bull market is more important than the bear market? And if I may ask, which one is the best?
So, before continuing, maybe those here already understand, but I'll try to explain as much as I can regarding what the OP asked.
Well, some investors prefer the bull market because there is market excitement offered by the bull market and it is in line with their short-term trading strategy where the bull market is very easy to detect, namely there is an increase in hype in the market and there is speculative behavior that leads to price bubbles and increased volatility in the market.
For Bear markets most of them prioritize long-term holdings and are less concerned with short-term price fluctuations. it's because they believe in the fundamental value of Bitcoin and its future growth potential and will reap the rewards.
So, if you ask which one is good, it depends on your plan, play short term or long term because preference between bull market and bear market in Bitcoin depends on individual investment goals. I think that's pretty clear.