New Contest | The Tech Quiz - Season 24

in hive-109435 •  7 months ago 



Hello steemians how are you all doing today I hope all is well and you all are having a nice and wonderful day, as for me I'm perfectly fine and in good health as well


Today in my entry I will be taking part in the tech quiz contest organize here in the Steem4bloggers community by @malikusman1



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What is Bull market? Please Explain.

Crypto bull run simply refers to the particular period of intense rising in the price of crypto assets and it is widely noted that during a bull run assets usually experience increase in price as it is usually fueled by some certain factors like increased in investors, technological advancement and viral news


What Is Bearish Market? Please Explain.

This which is just like the crypto bull market run but in an opposite way is also a period of time which at some point might last for about 1-3 months where the market confidence is very low and the level of suply out weighs the level of demand


This is actually the worse part in the crypto market or should I say every traders or investors doom as when a person invest in a particular stocks he or she is expecting the price to rise, but as a result of bearish market run consistent loss takes place.



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How We Can Avoid Risk And Can Make Profit In Both Markets?

For sure despite the price movements we can still avoid risk and still gain from both market movements but in this case for an investor this is a no go territory as there's no hope for them especially when they come in contact with the bearish market


Meanwhile this benefits a foreign exchange trader more as they can easily trade either in favor of the bull market or in favor of the bearish market which is always denoted as the up and down otherwise known as buy or sell


So in this case as a trader the only way we can benefit from both market are either when the market falls we go for sell and automatically we get our profit and same is applicable with when the price rises we eventually click buy and also automatically we also get our profit


And through that we can definitely gain thoughroughly from both markets and thus make huge profit from it


This will be the end of my entry and I will like to invite
@jeph001
@felix12
@suboohi
@artist1111


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