Dear Friends, How are you all? Hope you all are well. I am also fine by the grace of Allah. Today I am here to share with you guys about topic The Tech Quiz - Season 28. This contest is organized in Steem4Bloggers.I am so excited to participate in the contest . First of all i thanks to @malikusman1 for this beautiful contest. Let's start without wasting our time.
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From the stock market to the cryptocurrency market, there are certain critical periods and during these critical periods the market undergoes certain ups and downs.Generally if we think about the cryptocurrency market, we see the market change every four years starting from when it was created. Then we can naturally identify it as a bull run.Then we see a good movement of every cryptocurrency coin in the market.Then we can easily understand that bull run has started in the market. so FOMO is created for every coin in people.
What is bull run?
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By bull run we generally understand, when a period in the market begins, the price of certain assets in the financial market is increasing.
We can say, a bull run is a special period in the financial market, when the price of certain assets increases. The rapid increase in prices can be attributed to several important factors including volatility, human demand and market valuation.
When the bull run comes in the crypto market, the value of the crypto asset continues to increase while crossing the crypto market cycle. It is a market or platform when investors show great interest in a particular asset to invest, resulting in increased demand for that asset.
So, when we look at the market, every four years when a crypto BTC halving comes, we can easily understand that there is a possibility of a bull run in the market. At that time, the amount of crypto assets increases at a massive rate.
Tell us some benefits of bull run.
Below I have mentioned some of the benefits.
One of its main advantages is that during a bull run, the amount of assets increasess at a large rate. When the value of an investor portfolio increases, the value of that investor's total assets increasess at a greater rate.
Investors who want to reap huge profits from bull markets should buy early before the currency rises. When their asset value has peaked, they should be sold early.
Another major advantage during a bull run is that, by earning higher profits, investors can more easily raise funds to increase investment in new projects.
Another benefit of the bull run is increased economic development. By increasing investment and spending, growth can be further promoted in all areas of the economy.
Share 3 coins that can perform well in this bull run and also tell us the reason ?
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Through fundamental and technical analysis I can easily understand that Bitcoin, Ethereum, Shiba Inu can perform well during bull run.
Bitcoin: It is called the king of cryptocurrency. At present, its demand is increasing at a great rate all over the world.The world's largest asset manager BlackRock said Bitcoin is international Asset.Meanwhile, since the approval of the Bitcoin ETF, its status as a bull run will work well.
Ethereum: Ethereum is known as the second currency in the cryptocurrences world.New cryptocurrencies are being created using the Etherium blockchain, which is growings in popularity in all over the world.It is being improved in Ethereum 2.0 , Its price will gradually increaseing in bull run.Team of this coin is very strong.
Shiba inu: It is a meme coin.This has been the strongest performance in the history of meme coins.The team members of this coin are very hardworking and strong.During the bull run, the value of this coin will increase massively.
Here I want to invite @nooruleman, @tripsy and @firyfaiz to participate in this contest.
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