The Crypto Market Rollercoaster: Bulls vs Bears

I've been in this crypto game long enough to tell you that understanding the difference between bull and bear markets isn't just academic - it's survival. Let me break down what these beasts really mean in the trenches of crypto trading.

When Bulls Take Charge

Bull markets? They're intoxicating. I've watched prices rocket upward while everyone around me transformed into overnight investment geniuses. The atmosphere becomes electric:

• Everyone's confidence skyrockets (often beyond reason)
• Charts only seem to move up
• Your friend's cousin's dog walker is suddenly giving you crypto tips
• That FOMO feeling hits hard - nobody wants to miss the rocket

Remember 2017? I watched Bitcoin explode from $1,000 to nearly $20,000. Regular people became millionaires overnight. Then 2021 hit and BTC smashed past $60,000 after some billionaire car guy decided to dump company funds into it. The euphoria was unreal.

When Bears Maul Your Portfolio

Then come the bears. God, I hate bears. They tear apart everything the bulls built:

• The mood shifts to pure doom
• Your portfolio bleeds daily
• Those same "experts" now pretend they predicted the crash
• Fear drives panic selling (I've been guilty myself)

The 2018 crash was brutal - watching BTC plummet from $20k to $3k while regulators circled like sharks. 2022 was another nightmare when Bitcoin crashed from $69k to under $20k after that algorithmic stablecoin disaster. I lost sleep for weeks.

The Hard Truth

Here's what the glossy crypto influencers won't tell you: these cycles are vicious and unpredictable. What looks like "the bottom" can always go lower. I've been burned trying to catch falling knives too many times.

Bull markets make you feel like a genius, bear markets reveal who actually is one. The smart money quietly accumulates during blood in the streets, not when everyone's celebrating.

Don't let anyone fool you - nobody rings a bell at market tops or bottoms. By the time mainstream media identifies the trend, smart money has already positioned themselves.

Play the cycles, don't let them play you. And remember - the exchange that seems invincible today could be tomorrow's headline scandal.