We normally get a lot of questions asking about what makes a bear market and what to do when you are in a bear market. In this video, we will address this topic for our viewers.
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The broad definition of a bear market is a sustained period where prices fall -- usually months or years. The term is most commonly used in reference to the stock market, but other asset classes can have bear markets as well, such as cryptocurrency and real estate.
Now there isn't a formal qualification that defines a bear market, and there are several different definitions depending on who you ask.
One commonly accepted definition of a bear market for stocks is a 20% (or more) drop in stock prices. However, we have our own definition of it.
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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
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