Almost everyome 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?
Since the goal of investing is to generate a profit, I think any investor will be delighted to see their assets appreciating in value. I am also aware that no investor will be glad to see their assets depreciating, but I am also aware that news investors who are prepared to invest would like to see Bitcoin depreciating to allow them to get more of it, in order increase their profit chances. Personally, I prefer bull markets better than bear ones. Because this is the only thing that will give me peace of mind, I will watch as the value of my Bitcoin investment rises.
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?
Everybody has a profit objective, therefore as a result, we anticipate seeing a range of responses in the cryptocurrency market. Many people sell their Bitcoin because they've hit their profit target, so I assume those who hold for extended periods of time to experience various bull runs and bear markets haven't hit their profit target. Alternatively, some people may simply enjoy using Bitcoin for transactions, in which case they don't mind either a bull run or a bear market and simply store their value for future use.