Fortunes are Born in Bear Markets

in #hive-1679222 years ago

Hello Everyone,

With the crypto market still in the bear zone and under the 1trillion market capitalization, the believe of many has been tested with many revaluating their decisions and some making the most of this opportunity.

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Bear market aren't necessarily bad if you look at it in a long term perspective. As an investor, market slumps are actually the best time for accumulating and buying. You should actually hope for it as they to be high favorable in the future.

Looking at those who made a fortune from the last bull run, they got in when the prices was at it's lowest. it was noticed that most of them invested during the 2020 pandemic when there was massive sell off due to the panic and uncertainty in the market as at the time.

It has been discovered that bear season or a market depression often times produces the next set of millionaires. It's normal market observation that during the bear majority of people act on emotions rather than applying logic.

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While the fortunes gets to be seen during the bull season, they were actually cultivated or born in the bear season when price is around it's lowest. Bull seasons are just revealers that's where fortune are realized.

With BTC around $20k+, Eth at $1,100+ and several others appearing quite low as compared to their ATH, it shows getting your favorite coins this season appears to be the smart decision. Personally going in on Hive, PolyCub, Leo, Matic and some shitcoins.

Past events are the best predictor of future events. While some coin still appear cheap, it's best to load them before the greens fully returns.

Thanks for Reading

Posted Using LeoFinance Beta

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