No offense to existing investors who are currently faced with a downturn of events concerning their investments but the bearish markets has proven to be sufficient for new investors or newcomers in the crypto world.
While the bearish markets sees stock prices going down, bullish market is the direct opposite of the bear market as it see market stock going up.
While this period enables new investors to farm earnings from the drop in price of stock market, it brings about panic for old investors whose stocks have dropped beyond normal stick market.
Several news in the stock market is ladened with information concerning the bearish market taking lead at the moment. The bearish market is all about the fall in stock market prices that could arise for several reasons such as pandemic, recession, global issues, government decrees and so on
In Bear markets, Bear investors grab the opportunity of a 20% drop in stock markets to buy investments and earn passive incomes from this action.
So much so, we see many awareness to grab the golden opportunity to invest in bear markets, such that new crypto miners take hold of this moment and hopefully expect a rice in stock purchase.
The bearish markets has been going on for a while now, because this downturn in market security can be prolonged over a period of time, could be months or even years.
In view of these, my crypto journey actually started as a result of a bearish market. Then there was a drop in the value of etherum and most of us grabbed the opportunity to invest by getting it in lower prices and saving it up to resell when the stock in price rose.
Apparently, Stablecoin are sometimes and somewhat affected by bearish markets not sufficiently backed by hard assets. However, the hive backed dollar (HBD) has proven to be a sufficient Stable coin even in the world of crypto meltdown.
Thank you Hivers, for reading my blog ❤️