The Difference Between Bear Market and Bull Market? best way to explain

When the economy is strong, people spend more money on consumer goods like cars and houses. When the economy is weak, people spend less money on these things.so how to better explain bear market and bull market? During a bear market, companies cut back on spending and lay off workers. During a bull market, companies hire more employees. Simply mean A bear market is when the stock market goes down. A bull market is when the stock markets go up but in this blog post, will trying to break it down for better understanding of all investors world wild. Especially during recession, crypto world gets hit with cold winter, a lot of fuds in the market

When the economy is good, people invest their money in stocks. When the economy is bad, people don’t invest as much. Meaning A bear market is when the stock or crypto market goes down. A bull market is when the stock markets go up.

What Is a Bull Market?

A bull market or what many call a bull run, is defined as a period of time where a good majority of investors are buying, demand outweighs supply, market confidence is at a CRAZY high, and prices
are rising consistently. If you are in the Crypto market and you see prices quickly trending upwards, this could be a sign that the majority of investors are becoming optimistic or “bullish” about the price increasing further and may mean that you’re looking at the start of a bull market or the “Bull Run”.
Investors who believe that prices will increase over time are known as “The Bulls”. Great time to build wealth, this is called smart money move. when all cryptocurrency investors chasing green candle

What Is a Bear Market?

Bear markets are defined as a period of time where the crypto supply is greater than demand, confidence is low, and prices are falling. Cynical investors who believe prices will continue to fall are, therefore, referred to as “The Bears. “This is the good time for all investor to deploy their funds in the market in order to have better position, meaning during bear market all asset that was very high during bull run drop down 60 to 80 percent off the price during bear market. but always dollar cost averaging in the market.

Quick Bullet Points About Crypto Bear and Bull Markets

• Buy low and sell high
• Buy the dips
• Average bear market length (289 days or 9.6 months)
• Average bull market length (973 days or 2.7 years)
• Bitcoin drops average of 30% in bear market
• Altcoins drop and average of 80%-90% in bear market
• Wealth is built buying at the end of bear market
• A crypto market cycle is approximately 4 years
• Year #1 is the start of the BEAR Market (see example below)

If you are serious about creating wealth with Cryptocurrency you CANNOT start investing in without knowing how the cryptocurrency market works in order to change your financial position. also 2022 this is the greatest time in human history to change family curse, by investing with good project but always do research before fomo in.