ASK LEO: BEARISH MARKET;DOES IT HAVE ANY MERIT OVER THE BULLISH MARKET??
Currently! The bearish market is the one trending right now. It has became more popular among many people,most especially among those who just started investing in the cryptocurrency. It's because of the bearish market that some people even found themselves investing in the cryptocurrency. They took the bearish market as an advantage for them to invest. As bad as people think bearish market is,on the other hand it serves as an opportunity to bring in new investors. Definitely,it's not possible to lure people to invest during the bullish market. While the best time to persuade people to invest in crypto currency market is when the market is bearish.
What is "bearish market"?
Bearish market is the fall in value in cryptocurrency market. It's when the value of in cryptocurrency market is heading towards downside.
Bear market is also when the cryptocurrency value is dropping beyond 20% of it usual height price. Bear market is what most people are always scared of when they have already invested,the agitation from them when they have already invested during the bear market is the bear market to hits the bullish market so that they can take the advantage of the bullish and trade. Bullish market is the opposite of bearish market.
Advantage of bearish market over the bullish market.
Even at that, bearish market has it own advantages,it paves way to bring in more and new investors for invest in cryptocurrency. Also gives room for some people invest in cryptocurrency. It's not common seeing new investors when they the cryptocurrency price is already bullish.
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You need to stake more BEER (24 staked BEER allows you to call BEER one time per day)
You are right, bearish trend is the right time to attract and gain new investors. A pain in the neck for the existing investors.
The bearish market is actually a good one because you are able to farm more earning for the harvest time
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