What's a Bull Market?
When you hear “we’re in a bull market” the translation is that investors are feeling good, prices are trending up, and the energy is optimistic.
OK, fam. A lot of us are new here, because, let’s be honest - nobody really knew a thing about crypto until recently. Not even the crypto bros. Soooo … let’s talk about this whole bull market thing.
What. The Fock. Is. It?
You’ve probably heard people mentioning it all over television, Instagram and TikTok lately, but what does it actually mean?
Here’s my hot take. …
Think of the market like a roller coaster: some days it’s giving sky-high thrills, other days it’s a stomach-drop freefall. Those ups and downs are what people are talking about when they talk about bulls and bears.
💹 Bull Market = Good Vibes Only
A bull market is when prices are on the rise, investors are hyped, and everyone’s buying in. It’s optimism, growth, and that “we’re going to the moon 🚀” energy. That’s where we are right now. On the crypto scene, things are looking up, and Bitcoin, Ethereum and cryptos like XRP are vibing.
🐻 Bear Market = The Struggle Bus
On the flip side, a bear market is when prices keep dipping, confidence tanks, and people start panic-selling. It’s all gloom, doom, and “hold on tight” vibes. It is not a good vibe. At all.
So when you hear “we’re in a bull market” the translation is that investors are feeling good, prices are trending up, and the energy is optimistic.
But - warning - just like any roller coaster, remember: what goes up can come down! And, it usually does dip a bit before it goes back up. Just like the Raging Bull roller coaster at Six Flags in Illinois!