The "Bull" and "Bear" Markets ตลาดกระทิงและตลาดหมี

by Suthep Chaviwan

Cryptocurrency Investors talk about "Bull Market", and "Bear Market" for years, especially in the present times, but nobody seems to agree on a definition or where the term came from.

Some of them understand that the terms "bear" and "bull" are thought to derive from how each animal attacks its opponents. A bull will thrust its horns up into the air, while a bear will swipe down. Someone then related metaphorically these actions to the movement of a market. The "Bull" and "Bear" Markets ตลาดกระทิงและตลาดหมี which is the headline of this story.

In brief, a bull market is a market that is on the rise and where the economy is sound; while a bear market exists in an economy that is receding, where most stocks are declining in value and be more dangerous to invest.

However, if you are crypto enthusiasts and also conduct the DYOR (Do your Own research) before making your investment. It's is hinted that the DYOR must be a part of your crypto knowledge before you put money into this digital business. Not only relying on your crypto consultants, from the crypto savvy, and crypto influencers.

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From extensive research, we realize that the actual origins of these expressions, the "Bull" and "Bear" Markets are unclear, but one reason could be the attack of that bull by bringing their horns upward, while bears attack by swiping their paws downward, and these actions were then related metaphorically to the movement of a market. 

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According to Anatoly Liberman, a linguist at the University of Minnesota, the use of "bull" and "bear" to refer to financial optimists and pessimists, respectively, originated in Britain in the early 18th century. 

Anyhow, we know that the two words, the bull market, and bear market, are widely used in 2020 after the spread of the COVID-19 pandemic,

The bearish market may last a longer period, up to six months or more and analysts often say that a bull market is defined by a 20% rise from a market index's most recent lowest point; a bear market, a 20% decline from its latest high. 

In the world of cryptocurrencies; the trade and investment of these digital assets, we will certainly continue to see the Bull vs. Bear, the FUD (Fear, uncertainty, Doubt) as well as the word FOMO (Fear of Missing Out).

The Bull and bear market will continue to fight each other, with no limited age for them and they will not have retiring ages. Suthep Chaviwan/Feb. 27. 22

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Risky warnings for crypto investors:

If you are looking to invest in crypto. No matter you are a beginner or veteran.  You should make the DYOR for the update info as the crypto prices frequently fluctuate, making them a high-risk investment. Stock prices also fluctuate depending on the supply and demand of the stock. If a stock drops to zero, you can lose all the money you've invested.

Give up the idea of an overnight becoming a millionaire. 

By Suthep Chaviwan/March 7, 22.

Often we will come across news articles and YouTube about cryptocurrency narrating that the digital business will make you become a millionaire overnight. You must not miss this opportunity but hurry to jump on this bandwagon. 

Such inspirational encouragement, mostly from crypto influencers, from inexperienced financiers making those crypto newbies, put all of their available budgets for investment with the hope to be a million or gaining permanent monthly passive income, but they lose all. 

There's nothing wrong with dreaming big, but you need to make a plan for cryptocurrency investment.  Give up on the idea of overnight success. This doesn't mean that you can't have success in a short amount of time, but you must have a plan and know what you're trying to accomplish to work towards it. 

Without a plan, success doesn't happen!.

It takes time and effort for any business to grow, especially when you're just starting. There's no magic formula for success — it takes time, planning, research, and work to make it happen. 

Do your research — don't jump in because of waves of speculation or because of FOMO (fear of missing out)

Don't put in more than what you're willing to lose. 

Remember that all good things take time, develop skills that add value to your life and the lives of others.

Getting rich in cryptocurrency and becoming a millionaire overnight, can take place, but not for everybody. 

On top of this, some negatives and disadvantages of investing in cryptocurrency that you must know and ponder.  It is an extremely volatile investment. 

Cryptocurrencies haven't proven themselves as a long-term investment—yet. Crypto has serious scalability issues. 

Crypto newbies are vulnerable to security risks. You will not reach your goal in just a couple of months.

 In conclusion, if you are involved with the crypto business, be patient with yourself, and give up the idea of overnight becoming a millionaire. 

Please also remember that all good things can always take time — so be patient with yourself!

 Suthep Chaviwan/March 7, 22.