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Bear market/Bull market are just some fancy words you should not make your decisions solely based on those.

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by COINS NEWS 173 Views

As in every intense Crypto-price situation the big question is whether are we still in a bill market? Or is it now a bear market? Many listen do some influencers that should tell them what's up right now. But even if they say it, the truth is that no one can ever know that. As there is no real definition to those words. It's all up to your perspective.

For example a bear market for the stock market is already a 20% drop. For us that would likely seem like just a small correction happening. But some would say that's also the same in Crypto. So it's clear that no one can say what is currently until its actually over.

So making your financial decisions solely based on some assumptions is not ideal. In general you should not decide to buy/sell according to current sprice movements, especially in Crypto that usually results in loss.

submitted by /u/partymsl
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