Stably Blog

Understanding Whales, Bulls & Bears

What is up with all the animal terms?


Whales

A whale is any individual or company who has enough money and power to directly influence the price of a cryptocurrency or stock, usually in a negative way. Think of a whale and their large mass. They can make huge splashes and the same concept can be applied to crypto/financial markets.

Bulls

A bull is any individual or institution that has a positive outlook on any given cryptocurrency, stock, or market in general. They believe the price of a crypto/stock will rise and tend to buy in, which helps to drive the price up even more. The reason these people are referred to as bulls is due to the nature of how bulls attack, usually in an upward swiping motion.

Bears

A bear is any individual or institution that has a negative outlook on a given cryptocurrency, stock, or market in general. They believe the price of a crypto/stock will drop and tend to sell, which makes the price drop even lower. The reason these people are referred to as bears is due to the nature of how bears attack, usually in a downward swiping motion.

Conclusion

These terms are used on a daily basis in the trading world. Now that you have gone over their meaning, you can confidently talk about the “bear market”, the “bull run” and “whale manipulation”.

----

Sign up for our newsletter to receive recent news & updates, and follow us on social media:

Website | Twitter | Linkedin | Facebook | Telegram

Contact:

Legal: legal@stably.io

Press: marketing@stably.io

Exchanges or Market Makers: exchanges@stably.io

Partnerships: info@stably.io

Investors: Kory Hoang, CEO — kory@stably.io

41 views

Subscribe to the Staby Newsletter for all the latest updates!

Bottom.png

Copyright © 2019-2020 Stably Corporation. All Rights Reserved 

Social Icon-04-stably.png
Social Icon-03-stably.png
Social Icon-02-stably.png
Social Icon-01-stably.png
Social Icon-05-stably.png
Social Icon-06-stably.png

Like being first? Subscribe to the Stably Newsletter!

Company

About

Partners


Careers

Blog

Contact

All asset custody, funds processing, convertible virtual currency administration, trustee and fiduciary services are provided by Prime Trust, a Nevada chartered financial institution and licensed trust company. Digital assets are held in secure cold storage and USD funds are held in FDIC-insured bank accounts by Prime Trust. Stably is not a licensed financial institution and Stably does not manage nor take custody of client funds. Prime Trust neither endorses nor guarantees any of the information, recommendations, optional programs, products, or services advertised, offered by, or made available through the external website ("Products and Services") and disclaims any liability for any failure of the Products and Services.