What Is A Bullrun? – Show Me The Money!

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I know what my fellow grammarians are thinking: “Bullrun?? What is a bullrun? Don’t you mean ‘bull run'”? Yes, you are correct. However, bullrun is growing in popularity, and it’s fun. Feel free to chide me in the comments.

Obviously, we’re not discussing Spain’s Running Of The Bulls. It’s the mental picture that counts. When bulls run, we get a full-blown stampede of hooves and horns carried by thousands of pounds of solid raging muscle.

All that madness running in one direction, together, with a common cause; get away from this place to where we feel safe or get tired. In crypto, you have a herd of investors throwing money on a certain Coin as its value is just starting to rise. Where does this lead?

Breakdown Of A Bullrun

According to Uphold’s Cryptionary, Bull Market – A term used to refer to a market where the prevailing trend is rising prices, encouraging buying. Bullish is used to describe speculators and analysts who have an outlook that assumes raising prices are likely to occur in the near future. The opposite of bullish is bearish.

It is possible for one coin to be in a bull run while the rest of the coinage is down low. Often much of the market moves together.

Serious investors are wary of trends. They have a fairly good sense of when a particular coin is going to shoot up in value. Based on their watchfulness, a certain group of savvy investors will notice when it’s time to take a chance. Especially, if it happens to be a large group of people who invest in tandem.

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MyCoin Raises Its Head

YourCoin and MyCoin are personal inventions just for the sake of this article. If there really is a MyCoin or Yourcoin out there, I have no knowledge of it. Don’t blame any foolish investment moves on me.

MyCoin has been out for several years. It has slowly been working its way up in value. It’s in the news; the developers have been moving and shaking. One day, people log on to their crypto sites and see that MyCoin has shot up in value by ten percent while they were sleeping.

This could happen for any number of reasons. Other investors have bought into it and are using it for trades, a major group has decided to shake the market, a huge corporation announced their support of the coin, etc.

Investors Notice

A new investor may drum his nails for a few seconds in thought. The savvy investor knows what it means when a popular coin raises its head. He jumps on his exchange and does some fast and furious trading.

YourCoin hasn’t been doing much lately, so he transfers its value into MyCoin, plus he throws a pile of USD or EURO or whatever from his bank account into his MyCoin wallet. Smiling, he awaits the surge.

Across the globe, other investors are waking up to the same news. As each one buys in the value slowly goes up; its popularity – for whatever reason – is causing some people to hold onto what they have, further increasing scarcity.

The scarcer the coin, the higher its value, as long as it is usable. If no one is accepting the coin, its scarcity is irrelevant. If everyone wants it, you can trade with care.

Think of $100 bills. They’re worth a lot, right? However, if you need gas and the attendant refuses to accept such a large bill, it is suddenly worthless in this context. Depending on how badly you need gas, you’re off to the bank to trade that $100 bill for five $20 bills. You return to the gas station, and the attendant happily accepts your payment.

Image result for bull run + royalty freeMyCoin Peaks

Or has it peaked? Investors don’t want to be stuck holding 1,000 MyCoins if it suddenly plummets. On the other hand, they don’t want to sell prematurely if MyCoin decides to keep crawling upward. Then again, what if it just happens to stay high?

The bulls have reached the safety of a new pasture, but the leaders are still moving around in circles, stamping their hooves. Should they keep running, but slower? Is danger lurking behind those rocks? Is the grass greener on the other side?

The other bulls watch intently. Is the run over? Should they relax or stay on high alert? Should they stay close or wander off several yards for a better view. The grass looks tasty, but is it okay to eat now?

Leaders, Followers, And Lurkers

Some leaders will go this way and other leaders will go that way. Which leaders have the most followers? If Bob sells out and Susan buys more this could level out the market for a bit.

If Bob sells and Susan holds, the liquidity and value of the coin will change. Depending on who follows who and what the fringe investors do, the coin’s value is in limbo. Buy, sell, or hold?

I’ve said before, buy low and sell high. But what if the coin is just sitting there? Not like its value is perfectly stable, but it isn’t moving much up or down. Are the leaders shaking? Do the followers wander off? Has the fringe moved on to something else?

A few leaders relax and start grazing. One decides to walk slowly with his head high in watchfulness. The other one trots off nervously. The rest of the herd divides its loyalty and soon the pasture is full of bulls that are here and there in little groups, but all within sight of each other.

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What happens now? If the leaders are divided most of the followers will hold. What about those lurking on the fringes of the market? Is it up to them to whether the next coin raises its head?

If you’ve ever watched a herd of cattle, you’ll occasionally see a cow or two running around in excitement while the rest of the herd watches placidly. They can tell whether or not it’s an urgency or if Bessy saw a snake.

When the leader starts running, things are different. Is he just making his rounds? Is he chasing a loose threat away? Or is he indicating it’s time for a mad panic?

Wise investors know what to look out for. Is that spike a fluke? Is that dip a fatality? Keep a little here, keep a little there. Watch the leaders.

Who are the leaders? Well, who are you following? Some leaders say, “Move over here with me,”. Others just walk around and are followed by their disciples.

If you don’t know who the leaders are it’s time to look around. The more time you devote to investing, the more names you’ll hear. You’ll figure it out. The good news is if you don’t like your leader, you can always switch or become a leader, yourself.

From SOABC:

The importance of learning how to make your own trade plans is very important. Like watching the coin prematurely before you can make the trade. You know when you’re going in and when you’re going out before the trade even runs. Bull runs can also last like three months, too.

Image result for running with money + royalty freeBottom Line

Have I answered the question, “What is a bullrun?”? Have I lost you? This is a website for beginners. For more technical details, I would need to make a Part 2. Want one? If this is good enough we’ll move on to the bears, next time.

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24 Thoughts to “What Is A Bullrun? – Show Me The Money!”

  1. Greg

    Interesting article. As I am definitely not savvy in the investment world, I have a financial guy doing the leg work for me, and he’s been doing a fine job over the years. That said, I really enjoyed learning a little of a bullrun. I would like to read your Part 2 when you publish it.
    Thank you

    1. Thank you for reading and commenting, Greg! I’m glad you enjoyed the article.

  2. Michel

    I also thought that this post was to do with the running of the bulls in Spain. However it is nothing even related. 

    Learned some new tems today though ‘bullish’ and ‘bull market’ and what they mean. You have made trading a lot more interesting by explaining it in this way and I love your comparisons, however I will definitely stay a follower in this game. 

    1. Cattington

      Hello Michel! Thank you for the kind words. 🙂

  3. DJ Mc

    I thought that I never heard of mycoin before with all the crypto currences going around at the moment I thought for a bit that it was real. Do you think other cryptos will go up in value like bitcoin. thank you for the information about the bullrun and I am looking forward to reading more.

    1. Cattington

      Hello DJ! There is always the possibility of other cryptocurrencies making it big, but I find it somewhat doubtful. Bitcoin was the first and it broke a lot of barriers. Plus, it remains the most popular and well-known. Thank you for your comment. 🙂

  4. Paul

    Hi Cattington,

    Indeed, after reading the title of your article I immediately thought of the Spain’s Running Of The Bulls. Then I realized you are discussing a very important topic. As a beginner who is interested in learning about crypto market your articles means a lot to me.

    Thanks for the insights on bullish and bearish.The examples you gave using your newly invented coins are very useful in my understanding. Also, I used to wonder how and when the price of a coin goes up and goes down. I got the answer for that question as well.

    Buy low and sell high is the mantra I am going to follow. In case if the price remains the same or the prices goes down I will hold.

    Thanks for the article I enjoyed it. I must say I found your post highly uplifting and educational.

    1. Cattington

      Thank you very much for reading and commenting, Paul. I’m glad you found the article useful. Best wishes!

  5. Rose

    Thanks for this post on the cryptocurrency for beginners, I have been a crypto dealer for about 5-6 years now and am making huge progress on a daily basis when I started I thought crypto ain’t gonna favour me because it was very low after I invested all my hard-earned money on it, but later on it was high even above what imagined thanks for this great post 

    1. Cattington

      Thank you for reading and commenting, Rose. I’m glad you are having a great time with crypto!

  6. Joy gateru

    Wow!! Great article, at first when I saw the bullrun, my mind went back to my country where there are a lot of games relating to the bulls, mostly the bull fight, I never knew about bullrun before, it’s good to learn more about bulls, I will check out the next season, and that means I have to subscribe to your newsfeed to learn more about this and other related articles, thank you for sharing such a wonderful article.

    1. Cattington

      Thank you very much, Joy! I’m glad you liked the article. 🙂

  7. yoge

    Hi dude,

    Thanks for this amazing post! Really helpful and informative! .I learned peace of knowledge about cryptocurrency, The article gives a best information of investment in a proper way and The topic about the Bullrun concept is nice and I enjoyed reading this article I can’t wait for the second part of this! and keep creating more articles for the viewer’s use,your friend yoge.

    1. Cattington

      Thank you for the kind words, Yoge! Best wishes to you.

  8. Douglas

    Should we all just run for the fences and hide behind them is the question.  Trading money has never been something that I was willing to try on my own.  Reading this article makes buying and selling sound to be a little bit simpler bet yet super complicated.  Do you have a good recommendation to start out buying bitcoins which is what you are pointing to.  I am not sure if this is a great idea or not as the stock market and any other part of trading makes no sense and that’s why I always have had someone else take care of my funds.  Looks like you could teach some beginners how to get into this without paying a third party.  I hope to see the second part of this and find out some more info and learn more.  Thank you 

    Douglas

    1. Cattington

      Thank you, Douglas, for reading and commenting. The main thing for anyone to keep in mind is that you never invest more than you can afford to lose. 🙂

  9. Parveen

    Yes, I got your answer about Bullrun and you also cleared many things like trading. Buy , sell or hold if people starting holding coins their price will start increasing. Price only decrease if the supply increases mean if more and more people start selling then price start going down. Mycoin is new for me. I will buy some for future shake.
    Thank you
    Parveen

    1. Cattington

      Hello Parveen! Please keep in mind, Mycoin was mentioned as not being a real coin. Thank you for reading and commenting.

  10. Feji ben

    This is a very nice article you have go here I think it would really push our concentration to crypto currency as most people still don’t believe that crypto currency can make a head way.about my coin it a very slight stable crypto currency that I think is worth investing in as it has be moving in the shadows.thanks alot for the article

    1. Cattington

      Thank you for your comment, Feji.

  11. Paul

    Hi Mate, I have been interested in the stock market for several years but have never really indulged. Although I have a small understanding I have never moved forward for lack of knowledge and expertise. Your Bullrun post made it very simple and probably reaffirmed with me the little that I do know.

    Having said that I do look forward to your next post.

    Thanks

     Paul

    1. Cattington

      Thank you, Paul, for the kind words!

  12. Anusuya

    I had a fuzzy idea about the bull run. 

    This article made me understand a little more.

    I manage my own money and had a poor experience with paid financial advisors.

    I particularly like the leaders’ move and the followers dance surrounding the leaders. It is quite interesting.

    I look forward to part 2 of this article.

    1. Cattington

      Thank you, Anusuya! I appreciate your comment. 🙂

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