Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: fitload on August 02, 2018, 04:34:30 PM
-
The crypto world has many things in common with traditional financial stock exchanges. There are similar terms, rules, and principles.
“Bearish” and “Bullish,” are terms used within any type of financial markets that involves trade, whether be it the traditional stock markets, or cryptocurrency markets.
The terms bear and bull are used to describe general actions and attitudes, or sentiment, either of an individual or the market. The characterizations were designated because of the respective animals’ methods of attack.
Bull is associated with the rise in stock market, the reason being, that when a bull attacks, it places its head down and points its horns to the target then it pierces the target and pushes its head up using massively strong neck muscles and tossing the victim UP in the air.
While a bear always pounces on its victim or prey. Raising its hands and pressing hard down against the ground.
That is to say when stocks are up 20% from a low, we’re in a bull market. And when stocks are down 20% from a high, we’re in a bear market.
When there are positive changes in the cryptocurrency rates, investors have a good feeling about the market, it becomes easy to go bullish and watch the crypto keeps growing.
“Bears” are often referred to as buyers, traders and other people who strive to buy crypto at low rates or believe that crypto market is heading down.
Read More: https://news.bitzamp.com/did-you-know-why-the-stock-market-is-referred-to-as-bear-and-bull-markets/ (https://news.bitzamp.com/did-you-know-why-the-stock-market-is-referred-to-as-bear-and-bull-markets/)
-
Wow I did not know that, very interesting... and it makes a lot of sense. +Karma for the informative article. Thank you.
-
I knew it. I studied the technical analysis and the wave analysis of Elliott. really bulls and bears this best comparison with mood of the market. The stock market and the market of cryptocurrency are identical. The distinction Lish is that the market of cryptocurrencies younger and with a smaller financial volume that gives the chance to large players to manipulate
-
Yes, It is a fascinating theory and explains well the principle of financial analysis relating to animal characteristics.
-
Thank you for the information.Many people think one way or another knew who the bears and bulls.There are whales and hamsters.About them in detail long time to write, but they either stimulate the market to increase or drop.
-
There're other animals as well, chicken and pig to refer individual who are either fearful of market or high risk taker.
-
Oh, is that right? I just know the history of why bull markets and bear markets are used in crypto trading. Btw, thank you for this very informative post. And you deserve positive karma from @altcoingamer.