CEO of Binance, Changpeng Zhao has twitted people to invest in cryptocurrency during the bull market since the price will be lower for investments.
A bull market is the condition of a financial market in which prices are rising or are expected to rise. So, strong outcomes are expected from any investment. Bull markets take place while the economy is strengthening. The term “bull market” used to refer to the stock market trading cryptocurrency, bonds, real estate, currencies and commodities. Prices of securities rise and fall during the bull market giving an investor opportunity to invest more. Bull market usually last for few montns or year.
There isn’t any definite way of knowing the bull market. However, this could be characterized by an situation when the stock prices are rising 20% a second then followed by a steep decline of 20% in another second.
The investors might follow bull market trajectories while investment to get high profitable return.
If you only invest during the bull market, you will …
— CZ 🔶 Binance (@cz_binance) June 14, 2022
