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    Author Topic: Bitcoin is always a Bull for Some Group and Bear to Others.  (Read 190 times)
    Agbe (OP)
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    August 27, 2023, 09:42:26 PM
     #1

    My View for the bitcoin Market or Price on Bull and Bear for the investors
    The Bear Market
    I have been thinking of this since. Those who have been in the bitcoin investment from the beginning or from 2013 to date that have seen the highest (ATH) bull market will take this as bear market and also those who joined the league in the early 2022 will also take this market as a bear one because as of then bitcoin price was reading $41k to $42k and that was my early stage in the journey so I am also at the category of seen this market as the bear market. They are also happy for this bear market because they are using it to accumulate more bitcoin to their portfolio. So they too are not affect much in the bear market, because most of them sold parts of their bitcoin in the bull market in the year 2021. So they are using this period to buy more and hodle for the next bill market again.

    The Bull Market
    Those who bought bitcoin last year when bitcoin was $15k,$16k,$17k,$18k and $19k sees this Bear Market as a Bull Market. Because they invested in bitcoin when the price was far below to the present price. And I don't think they are also joining the first set of people or investors to cry for the bear market. As for me they are not in market but for bull market until when the market go below their capital, then they have also joined the bear market as for now they are in bull.

    Conclusion
    The two bitcoin markets or prices favor everyone because those who join early have benefited before and now they are gathering again. And those who join in the middle of last year, are also enjoying the benefits now. And those who join this year have small negative impact but not much but probably they are also still at the positive side. Those who invested in the bear are now happy while those who invested in the bull are not oka now but since they could not do otherwise, they are gathering more to their portfolios
    What do you say about this?

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