I know a bear market is a great opportunity to bag lot of altcoin. But how could you gain from your investment if always price full? Can't invest anymore because my capital is already invested in the market.
Can you guys tell me, when is the bull market?
Do not worry, this situation is peculiar with crypto and think you should relax your mind because after the bear market, i am optimistic that the bull market will spring a surprise to everyone. Remember what happened in 2017 November /December, nobody expected that bull market that brought exponential adoption, interest and support plus great awareness of crypto.
Now, some of the factors that bring obout bull market are commonly notable even on other commodities include:
1.Limited supply, fluctuating demand. The demand for most cryptocurrency, meanwhile, is based on its popularity and trust among the members of the crypto community. The continuous rise in popularity of crypto coupled with the limited supply means people expect the price to go up. But sometimes, there’s a decrease in demand, causing prices to plummet.
2.Media attention. Cryptocurrency news has a huge influence on the prices of cryptocurrencies. Positive news drives prices up, while negative publicity fosters fear and causes investors to let go of their coins.
3.Crypto community. The community has huge impact on cryptocurrency prices moves. The sharing of knowledge about crypto between users, developers, and the entire crypto ecosystem, has help in no small means in directing the price movement positive or negative.
4.Technological innovations. New technological advances have a major impact on prices. For instance, any kind of integration with a well-known payment system will surely catch the attention of investors and earn their trust.