Hello everyone on this platform, I hope you are having a productive day. Today I want to talk about two terms that are frequently used in the financial world, and even when it comes to cryptocurrencies it is still in permanent use, but, there are those who even having some months in this crypto world don't know its meaning.
Particularly I continue growing and learning day by day, and that is something that pleases me, daily I can know something new, you also, the only fact of reading some publications in this platform is a wonderful way of obtaining condensed and updated knowledge (generally) of all the cryptographic happening.
It is well known the use of words like whales, dolphins, oca, and other animals to refer to the different users that according to their voting power (to talk about this platform) we can say that they generate a big or small benefit when voting. But this terminology can also be seen in any other area of the cryptos world, for example in exchange houses to refer to those users who handle large volumes of capital.
However, that is not specifically what I want to talk about, in this opportunity I want to mention two words that are usually used, and have opposite connotations, these are BULL" and "BEAR"...
Let's start talking about BULL...
Nowadays there is a lot of interest around the Bitcoin, the mother currency, and many people are talking about a "Bull run* coming up... yes, as you read it, it is not that literally bulls will come out to run through the streets as if it were a bullfighting festival, NO, but if you make a very interesting analogy in relation to the strength of that animal.
When that phrase is mentioned, it means that the market is in a bullish moment, very good to obtain dividends, and that those who invest will have great opportunities to win, it is expected that the price will rise even more. Of course, at this moment I am referring to the crypto environment, however it is applicable in any area of finance, which enjoys those particular characteristics of generating good dividends.
I explained? I hope so, it's really easy to understand. Now, the other thing I mentioned was BEAR, well, in this case it's the opposite of the previous thing. We can make the analogy by saying that the bears after eating sit or lie down in their caves to winter, a process that can last months, where they will lose a great part of their body weight.
The same thing happens when a market is in BEAR period, it means that it will be at rest or down, and that the best thing is to withdraw the capital, to avoid losses...
I wanted to share these two words that are frequently used, and knowing them can make life and our development easier in this crypto environment, doesn't you think?.
Thank you very much for reading me, any doubt or suggestion I will gladly read it in the comments.
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