Back on Track
The mood of the crypto market shifted from “a new bear market started” to “long live the bull market” in a matter of weeks.
The mood of the crypto market shifted from “a new bear market started” to “long live the bull market” in a matter of weeks.
An interesting chart to look at is ETH vs BTC. We see the last four years of the ETH vs BTC chart. We see that during crypto booms, ETH outperforms BTC .
Assigning a “label” to event helps everyone categorize things. It has been weeks now that traders struggle to answer the question, are we in a bear market?
The market was overheated, and newcomers learnt that those who survived this sharp price drop carefully managed their risk, maybe with a stop loss in place.
Where should I buy cryptocurrencies? Hacks, scams, downtimes used to be an issue but prominent players have now gained a solid reputation for offering safe and easy options.