Understanding the Bullrun and Altseason (beginner version)
- Bullrun đ : it's when the crypto market rises significantly for several months. The prices of Bitcoin and other cryptos increase, and many investors become optimistic.
đ Imagine a big party where everyone wants to get in, so the price of the ticket (the cryptos) goes up.
- Altseason đ : after Bitcoin has risen well, investors look for other opportunities. They turn to altcoins (all cryptos other than Bitcoin).
đ Result: many altcoins explode in price, sometimes even faster than Bitcoin.
đĄ it may seem exciting, but be careful, prices can also drop very quickly. Always invest wisely and do not put in more than you are willing to lose.
