Presumably, when starting a cryptocurrency investment, the best time to start investing in cryptocurrency is when the market value is dip or when the market value is in the bear market zone. So in lieu of this, those who are fresh in the cryptocurrency Investment journey are known or regarded as newbies or better still newcomers. It is just like someone who is new to a video game, the person will first be an amateur, a starter, a beginner who is understudying new adventure or new things. So as time pass by, such person will be getting himself familiar with do and don't of the game. The same thing applies to when a newcomer is investing in cryptocurrency for the first time.
What is bear market and who's a new investor?
As it can be simply put, bear market can also be refers to as dip market, whereby stocked price value go dip by 20% or beyond 20% from it usual all time high. Of course, nobody likes bear market but it's seemingly good for the new investors or the newbies. Who are the newbies in cryptocurrency Investment? They are people who are still babies, newcomers,newbies, beginners, starters etc in cryptocurrency Investment. Bear market and newcomers have some kind of correlation. During bear market is when you will always find newcomers who wanted to take the advantages of the bear or dip market. Just like my who I assisted to by a coin, ethereum to be precised. She has been pestering me to inform her when the cryptocurrency price goes dipper so that she can buy some. And just today, ethereum dropped dip to 500k in Nigerian currency from 1.6M.
Why are the two concepts correlated?
Both the bear market and new investors are predictingly working hand in hand because it is during the bear market that you see a lot of newcomers coming in to invest in cryptocurrency. And to be on a safer side it's this bear market period the best time to introduce cryptocurrency Investment to people. That's why it's during the market dip that you will a lot of people trooping in to invest,then wait for cryptocurrency price rebounds so that they can cash out big. Hardly you can find a newcomer wanting to invest in crypto currency when it is in bullish zone.
