What is a Bull Run in the Crypto Market? đđ
If you're new to the crypto market and Binance, youâve probably heard the term Bull Run. But what does it mean? đ€
A Bull Run occurs when the market is on an upward trend, with prices consistently rising. Itâs a period of optimism where investors believe in the continuous growth of asset values. đ
Who are the âbullsâ?
Bulls are investors who believe in the appreciation of crypto assets and strategically buy, helping to push the market upwards. They are key players in a Bull Run! đ
And the whales?
Whales are large investors or entities holding significant amounts of cryptocurrency. Their actions, whether buying or selling in large quantities, can heavily influence the market. đ
Tips for new Binance members:
1ïžâŁ Donât follow the hype without research. Use the bull market as an opportunity to learn about crypto. đ
2ïžâŁ Create a strategy and manage your investments. Never invest more than you can afford to lose. âïž
3ïžâŁ Keep an eye on whale movements, as they can signal major market changes. đ
Welcome to Binance and the exciting world of crypto! Enjoy the journey wisely. đĄ