Bull market Crypto newcomers have a lot of confusing terms to master, but “bull market” is one you should get to know sooner rather than later
A bull market is a period of sustained growth and optimism toward financial markets, where asset prices start climbing. This, in turn, leads to more investor confidence and the belief that growth will last for an extended period. During a bull market in crypto, prices see aggressive gains
An excellent example of a bull market is the period in 2017 when Bitcoin was sitting at about $1,000 but then exploded to reach all-time highs of $20,000 at the time
While bull markets present an opportune time to make profits, they also pose a risk, sometimes creating a bubble that can eventually burst and crash prices. (The roaring bull run in 2017 infamously led to a three-year crypto winter bear market.)
Therefore, it would be best to approach crypto investment with the utmost prudence and be prepared for potential volatility
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