BULLS vs BEARS: A Rivalry In The Cryptoverse..

"Well if you think there will never be another bear market, that is wonderful. In Washington, they say do not worry we will never have another bear market, we have things under control. I know that they are either liars or fools cos I know we have always had bear markets and we'll always do, but I do know bull markets are the dominant forces.-Jim Rodgers

Of course, a lot of duels exist in the cryptosphere, from Bitcoin vs Bitcoin Cash to Bitcoin vs Ethereum, to which I have also heard of Bitcoin vs Litecoin. But the most probably and much more logically and understandable to say, is that there has always been one rivalry, one which has always brought the whole world excitement, and sometimes more frequently than not panics is that of The BULLS and The BEARS.

It is worth taking note, that many do not regard this as a stiff competition or rivalry per say when the former is dominant. Whenever, the bull gains control, certainly, the market turns bullish, and the arrows go greenish. It is quite admirable then, isn't it..?..

But as soon as the reverse is the case, and the bear gains a slight upper hand or advantage I should say, the most loyal of investors, start considering their stance, a lot of participants in the block chain, fear for the worst, and most of them result to converting to stable coins or purchasing bargains

What Exactly Is A Bear Market And What is a Bull Market.?

According to earlier synopsis and explanations, A Bull market is actually a market that is on the rise and which is by all comparable standards, economically sound, whereas in the opposite, A Bear market is a market that is receding, where most stocks are declining in value.

• Origin

The perceived origin or more concisely, reason for the usage of the terms is thought to be from the way in which each animal attacks its opponents. That is, a Bull will thrust its horns up into the air, while a Bear will swipe down. These behavioural patterns, were then likened to the movement of a market. If the Bull thrust it's horns up, then it's similar to when the arrows go up, and prices increase, and likewise when the Bear swipes down to gain a hold of its rival, the market plummets.

The Rivalry

One of the key fundamentals, of this rivalry is the fact that, no matter, how long the reign of one might seem, the other soon takes over, and basically, that is the true nature of cryptocurrencies. Tellingly, over the course of the year, this two rivals have made each other a mainstay in the cryptoverse, refusing to totally be jettisoned.

The average bull market has lasted for a full nine years, generating an average gain of 480 percent, staggering right..?.

You don’t need to necessarily take a side in every battle, but you do need to understand the differences in bull and bear markets to have long-term investing success. Everyone looks like a genius when bull markets are raging, but successfully navigating bear markets is how great investors separate themselves from the rest.

Conclusion

Bull markets are usually far more durable and robust, but the smartest financial plan is to be keenly aware that the next Bear market is surely destined to come. Exactly, it's destiny.

To give you a little historical context: The bull versus bear battle has been decisively won by the bulls. From 1926 to 2022, there have been nine bull markets and eight bear markets. While there’s no tendency whatsoever to have that assurance history will repeat itself, bull markets have tended to run for much longer than bear markets, and their gains have – so far – outweighed the losses endured during bear markets.

Currently, as at the time of writing, Bitcoin Cash is down by 14.06% I'm the last 24 hours, 22.44% in the last 7 days, and 31.88% in the last 30 days.

What defines a staunch and shrewd investor, is the exhibition of patience, and eraser of all forms of FUD. The market has clearly plummeted even Bitcoin and Ethereum have too.

The conclusion of the whole matter therefore is that, no matter how fierce the battle, and rivalry between bulls and bears may look, there is only one the whole people are cheering, and want a landmark victory for, and your guess is right the BULLS. Victory on the way!!

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2nd Image: Investopedia. com

3rd Image: pixabay Images by geralt

4th Image: A screenshot from Android Bitcoin.com application.

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