Is there actually a bull market?

It's not a bad thing to be skeptical about whether a bull market is coming in crypto right now. Because nowadays, if we look at all of our portfolios, such questions are not uncommon. Moreover, such questions are not unusual in the current market conditions. Especially those who are new are creating fear in the minds of the current situation. A lot of people are saying right now that there really is no such thing as a bull market. Many people think it is actually a scam nowadays. Crypto though is not a potential field but it becomes existential most of the time. And in these volatile markets many inexperienced and greedy traders lose their money and get chased away from these markets and many say that they are not actually a bull market but rather a bull trap.

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Like we saw yesterday and the day before the sudden situation in the market and the big crash that we saw in Bitcoin with a huge chunk out of the market. For example, the CEO of the Bitgate crypto exchange says that yesterday's sudden drop in the price of Bitcoin led to a liquidation of about 10 billion dollars. So think about how people have been driven out of the crypto market by this. When we suddenly see a large drop or rise in the price of Bitcoin, remember that this is when there is a large amount of dollar liquidation. And when such events happen, many investors get out of the market. Because at that moment their dollar becomes zero.

The most important thing is that when this happens in the market, remember that the big whales want you to drive me out of the market. Or to create such a fearful environment in the market so as to create panic in the minds of those weak minded investors like us. As a result, we panic and think that there is no such thing as a bull market. And let us fear sell the coins we have at a loss. Then when suddenly a fake pump is given again, a greed works in us and we fall into that greed and start buying the coins at a higher price. That's what big whales want. In fact, these markets will annoy you and me so much that we get bored and exit the market.

We have to remember that no matter how bad the situation is in the market we have to be patient and we have to remember that the bull market will start at the end of a certain period and this time is very close. So no matter what happens in the market, don't panic if you are a spot trader. Wait for some time and avoid future trades with it. If you can keep yourself safe and be patient then you will see that the offseason is going to start at the end of its own time.