ASK LEO: DOES YOUR INVESTMENT DURING THE BEAR MARKET WILL DETERMINE YOUR WEALTH IN THE BULL MARKET?

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As it is usually said that "you are bound to reap what you sow". But in cryptocurrency investment is a little bit dodgy base on the fact that, you might not even get to reap what you sow. It depends your approach towards the coin you invested in. And while investing it's important to note that information plays a vital role when it comes to cryptocurrency investment. You don't invest in a coin you never made findings about or whatsoever. There are things that are to be considered before investing in cryptocurrency. Like knowing the authenticity of the coin, its value, past testimonies by investors. When gathering your information,you don't just focus on a section to generalize your information towards a particular coin. Vast information background is needed.


Before I forget what I was saying about my first statement in the first paragraph "you will reap what you sow". Truly might not really work in the cryptocurrency investment. Not all investment in cryptocurrency yields positive outcome though it depends on the coin. In the past years,a lot of Investors have reaped what they sow positively on Bitcoin while some investors made huge loss on lunacoin. It's not their fault,I mean those who invested in Luna coin,it might be just that they invested because of FOMO. A lot people missed out on Bitcoin when it was in $1,000,$4,000 till Bitcoin hits its all time high of $69,000. But then,it doesn't augur well to judge the prospect of a coin with another coin. I think that was the case with Luna Investors.


Does your Investment in bear market determines your wealth during the bull market?

There are many factors that are attached with this,you might invest during the bear market on a coin and the coin will become dead coin. You didn't reap what you sow there you know. While at the same time,you might invest on a coin during the bear market and suddenly the cryptocurrency rate rebounds on the coin you invested your money. It's 2 ways round like 2 sides of a coin.


Thanks for stopping by to view my blog. Please do have a wonderful day ahead.@peterale cares🤭

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4 comments
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I need to learn more about bear and bull market, I'm still studying on it. Wish to understand well someday!

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There are many posts on it with different use of languages that can suit your understanding. You can just go through some and I guess you will come across what you are really looking for.

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