Can bear season help us as an individual.
Hello, fellow hive friends,
The bear season is not a new thing for those of us who are into investments with the aid of #crypto.
The bearish and bullish ideology has advantages in the profit-making of investment and disadvantages in the same profit-making but it all depends on the angle and sensitivity of an individual mindset towards investment.
For instance, acquiring a coin token such as
#leo #SPS #GLX #cent #sport etc, at the time of our market price falling and being at the negative point such as (0.1, 0.2, 0.3, or even 1.5) depending on the token value bleeding levels.
Now if you eventually sell the same token at a time when the price has risen from the initial price, that's the bullish time then you stand a chance of making a profit because you are selling the token double from want you bought and that's were the concept of the advantage comes in.
Now the disadvantages of bullish ideology are buying a token at a higher price tag and selling the same token at a lower price tag because of the sudden outbreak of the bleeding bear.
Having a sound mindset towards investment matters a lot because if you messed up you lose your profit and even the capital geared towards the establishment of the project.
Though am still a newbie in hive blockchain I have witnessed the joy and bleeding parts of #crypto it over the past two months and I must say that bear season and the bear market is the best time to accumulate more tokens and wait for the bull season to knock at your door of investment.
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I do see people finding a place to invest their funds but the fear of crypto and Bitcoin wouldn't know to do what
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Happy new year once again.
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