BULLISH MARKETS AND BEARISH MARKETS, WHAT DO THEY MEAN?

We mentioned this yesterday:

“There are pullbacks in every market, and this is no exception. Soon we’ll see an upward slide with BTC and bullish momentum.”

So let’s talk about Bullish and Bearish momentums. The short definition is that when the market is BEARISH that means that the markets are experiencing declines or downward moves. When the market is BULLISH it’s because there’s an upward trend in the market, prices are going up!

How do we know what to do outside of getting the necessary information about cryptocurency? We get Wisdom from above!

James 1:5 (NIV) If any of you lacks wisdom, you should ask God, who gives generously to all without finding fault, and it will be given to you.

God has wisdom for you and for me! But we also need knowledge. So, remember that we BUY when its LOW and we SELL when it’s HIGH. If there’s a bearish momentum in the market where prices are low and going lower, that means it’s a good time for us to buy cryptocurrency. If the market is bullish, then the prices are high and going higher, the prices are on the rise for a sustained period of time - then, it’s time for us to sell.

We would have purchased cryptocurrency when it was at a lower price, and we would sell because the price went up - that’s how it works. (Of course a bear market won’t turn out good for you if you need money immediately and want to sell, because sometimes you could be selling it at a lower price than you bought it, or a lower price than you ever thought you would sell for). It’s the same thing for the bull market. If you want to buy crypto but the market is bullish, the price may be higher than you were planning on paying for it.

So let’s go back to the statement at the beginning of this post - that there are pullbacks in every market. That’s what’s happening right now with cryptocurrency. There is a pull back in the crypto market, there is bearish momentum. But soon and very soon, we will see an upward slide with bullish momentum. Just hold on, and purchase now if you’re led to. I’m led to!😊🤑

Copyright ©2022 Sherma Jacqueline Felix. BLACK ADVANTAGE Publishing™. The author shall neither be liable nor responsible for any loss or damage allegedly arising from any information or suggestion in this post.