The Tech Quiz - Season 28

Greetings from my side friends! I am sure everything will good on your side. I am not doing too bad. I will definitely talk about the bull run since it is this theme of contest. I am grateful to the Steem For Bloggers community for organizing this technical contest. I am also grateful that you organized this competition and gave me the chance to inform my fellow Steemit friends and respected brother @malikusman1. In this post titled,

The Tech Quiz - Season 28

Now move to contest's

What is bull run?

Bull run is very famous platform in this digital age. In the financial markets, a bull run come when the price of assets in stocks, rise sharply in few period of time. This growing trend is a form of the general optimism and confidence among investors regard continuation of economic growth and profitability. Bull runs are characterized by high asset valuations and increasing buying activity among investors who are driven by an optimistic outlook on the market. Bull markets can be driven by a number of things, such as robust economic data, rising business profits, new technology, or advantageous governmental regulations.

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But they can also be accompanied by speculative activity and heightened market volatility. Comprehending the stages and indications of a bull run is imperative for investors seeking to optimize profits and proficiently handle hazards.

Tell us some benefits of bull run.

Bull run has many advantages, I mentioned some below:

• It first advantage is that bull run increased wealth. When the values of investors' portfolios rise, the value of total wealth rises.
• The second advantage of this is consumer confidence. Consumers feel more financially secure. And rising markets frequently increase consumer confidence and spending.
• Another benefits of bull run is corporate of growth. In business gain from higher stock prices since they can more easily raise funds for new projects and growth.

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• Economic Growth is one more benefit of bull run. By increasing investment and spending, a positive feedback loop can be promote economic growth.
• Bull run provide the facility of Job Creation. Growing businesses frequently add staff, which can reduce the unemployment rate.
• Retirement fund is also important factor of retirement funds, like 401(k)s and IRAs, grow faster and give retirees more security over their money.
• Public Revenue leads to bull run very famous.

Share 3 coins that can perform well in this bull run and also tell us the reason ?

Three coins which can perform well in bull run are followings with reasons.

1. Bitcoin(BTC)
   Reason: This is the boss of crypto coins. Due to its continued popularity, Bitcoin is still the most extensively used cryptocurrency. It has the advantages of being the first, including major institutional investment and known as digital gold. Bitcoin frequently leads the way during bull markets because of its dominance and investor trust.
   
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2. Ethereum (ETH):
   Reason: This is second popular coin in cryprocurrency. Ethereum coin is the very famous platform for making smart contracts and decentralized applications. It increase scalability, security and energy efficiency. This is the goal of the continuing changes, which also include the switch to Ethereum 2.0. These improvements can make more profitable and price rises.
3. Cardano (ADA)
   Reason: This coin is also well known in cryptocurrency. Cardano is used for placing a high value on scalability and research driven development.This coin is now make smart contracts.

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This is due to the Alonzo update, it is the competitor of Ethereum in the dApp. Potential growth and investment interest have increased due to it.