Bitbunny Quiz July 22nd Answer, 'Permabull'! Meaning 'Eternal Bull' Summarized in 1 Minute
It's time to harvest Bitbunny coins again today. If you were searching for the answer to today's July 22nd quiz, you've come to the right place.
Here's the answer right away.
July 22nd Bitbunny Today's Quiz
Q. A word formed by combining 'Permanent' and 'bull' (a bull market), it refers to an optimistic person who is always positive about the direction of the market.
A. The answer is...
Permabull
is!
Hold on! What does 'Permabull' mean?
Solve the quiz and gain some general knowledge! 'Permabull' is a term frequently used in investment markets such as stocks or coins.
- Etymology: Literally, it's a compound word of 'Permanent' + 'Bull'. In financial markets, 'Bull' symbolizes a 'bull market (uptrend)', likening it to a bull's horns pushing upwards.
- Meaning: It refers to an 'eternal optimist' who always believes that the market will continue to trend upward in the long term, regardless of market conditions.
- Antonym: Conversely, an 'eternal pessimist' who always believes the market will decline is called a **'Permabear'**. This is because a 'Bear' symbolizes a 'bear market (downtrend)' in the way it swings its paws downwards.
How to Participate
- Launch the Bitbunny app.
- Click on the 'Today's Quiz' banner on the home screen.
- Enter the answer 'Permabull' and tap 'Get Coins'.
We hope you succeed in solving the quiz and harvesting coins today. We'll be back tomorrow with fast and accurate answers.
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