{"id":43781,"date":"2023-08-21T14:15:02","date_gmt":"2023-08-21T12:15:02","guid":{"rendered":"https:\/\/financer.com\/hu\/?post_type=wiki&#038;p=43781"},"modified":"2024-05-15T18:37:45","modified_gmt":"2024-05-15T16:37:45","slug":"medvepiac","status":"publish","type":"wiki","link":"https:\/\/financer.com\/hu\/penzugyi-wiki\/medvepiac\/","title":{"rendered":"Medvepiac jelent\u00e9se"},"content":{"rendered":"\n<p>A medvepiac (bear market) gyakran haszn\u00e1lt fogalom a <a href=\"https:\/\/financer.com\/hu\/befektetesek\/\" data-type=\"URL\" data-id=\"https:\/\/financer.com\/hu\/befektetesek\/\" target=\"_blank\" rel=\"noreferrer noopener\">befektet\u0151k<\/a> k\u00f6r\u00e9ben. Ha nem tudod, hogy mit jelent ez a fogalom, akkor j\u00f3 helyen j\u00e1rsz, mivel ebben a cikkben elmagyar\u00e1zzuk sz\u00e1modra!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"Mi_az_a_medvepiac\">Mi az a medvepiac?<\/h2>\n\n\n\n<p>Medvepiacnak nevezik azt a piacot, amelyre az <strong>\u00e1rfolyamcs\u00f6kken\u00e9s<\/strong> a jellemz\u0151. Az amerikai <a href=\"https:\/\/financer.com\/hu\/befektetesek\/reszveny\/\" data-type=\"URL\" data-id=\"https:\/\/financer.com\/hu\/befektetesek\/reszveny\/\" target=\"_blank\" rel=\"noreferrer noopener\">r\u00e9szv\u00e9nypiacon<\/a> technikailag akkor besz\u00e9l\u00fcnk medvepiacr\u00f3l, amikor az \u00e1rfolyamok <strong>legal\u00e1bb 20%-ot esnek.<\/strong><\/p>\n\n\n\n<p>Ez vonatkozik \u00e1ltal\u00e1ban a t\u00f6bbi eszk\u00f6zoszt\u00e1lyra is, viszont vannak esetek, amikor a medvepiacot egy\u00e9b vizsg\u00e1latokkal kor\u00e1bban is meg lehet \u00e1llap\u00edtani.<\/p>\n\n\n\n<ul>\n<li>Medvepiac sor\u00e1n cs\u00f6kken az \u00e1rfolyam, mivel az eszk\u00f6z\u00f6kre vonatkoz\u00f3an <strong>cs\u00f6kken a kereslet \u00e9s n\u00f6vekszik a k\u00edn\u00e1lat,<\/strong> teh\u00e1t t\u00f6bben adnak el, mint amennyien befektetnek.<\/li>\n\n\n\n<li>A k\u00e9t csoport nagys\u00e1g\u00e1t\u00f3l f\u00fcgg az \u00e1rcs\u00f6kken\u00e9s gyorsas\u00e1ga \u00e9s a medvepiac intenzit\u00e1sa is.<\/li>\n<\/ul>\n\n\n\n<p><strong>A medvepiac ellent\u00e9te a bikapiac,<\/strong> amely az \u00e1rfolyamok huzamos n\u00f6veked\u00e9s\u00e9t jelenti.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large shortcode-no\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/medvepiac-1-1024x576.jpg\" alt=\"\" class=\"wp-image-43787\" srcset=\"https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/medvepiac-1-1024x576.jpg 1024w, https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/medvepiac-1-300x169.jpg 300w, https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/medvepiac-1-768x432.jpg 768w, https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/medvepiac-1-1536x864.jpg 1536w, https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/medvepiac-1.jpg 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Forr\u00e1s: <a href=\"https:\/\/unsplash.com\/\" data-type=\"URL\" data-id=\"https:\/\/unsplash.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Unsplash<\/a><\/figcaption><\/figure>\n\n\n<div class=\"fn_block block_fn_msg_box boxed\"><div class=\"fn_block__icon\"><\/div><h3 id=\"Mirt_nevezik_medve_piacnak\">Mi\u00e9rt nevezik \u201emedve\u201d piacnak?<\/h3>Rengeteg p\u00e9nz\u00fcgyi kifejez\u00e9s van, amelynek nem egy\u00e9rtelm\u0171 az eredete: a medvepiac szint\u00e9n ezek k\u00f6z\u00e9 tartozik.\nA legt\u00f6bb ember \u00fagy v\u00e9li, hogy a medve \u00e9s bika kifejez\u00e9sek a k\u00e9t \u00e1llat <strong>t\u00e1mad\u00e1si m\u00f3dj\u00e1b\u00f3l<\/strong> erednek, ugyanis <strong>a medve lefel\u00e9 halad az \u00e1ldozat\u00e1n,<\/strong> a bika pedig felfel\u00e9 t\u00f6r a szarv\u00e1val, amikor t\u00e1mad. Ezek k\u00f6thet\u0151ek \u00f6ssze a piac mozg\u00e1s\u00e1val, amikor medve- \u00e9s bikapiacr\u00f3l besz\u00e9l\u00fcnk.<\/div>\n\n\n<h2 class=\"wp-block-heading\" id=\"Hogyan_alakul_ki_a_medvepiac\">Hogyan alakul ki a medvepiac?<\/h2>\n\n\n\n<p><strong>A medvepiacot kiz\u00e1r\u00f3lag a piacon befektet\u0151 szem\u00e9lyek befoly\u00e1solj\u00e1k.<\/strong> Minden piac a <a href=\"https:\/\/financer.com\/hu\/penzugyi-wiki\/piac-kereslet-es-kinalat\/\" data-type=\"URL\" data-id=\"https:\/\/financer.com\/hu\/penzugyi-wiki\/piac-kereslet-es-kinalat\/\" target=\"_blank\" rel=\"noreferrer noopener\">kereslet \u00e9s k\u00edn\u00e1lat<\/a> kapcsolat\u00e1ra alapszik: amikor n\u0151 a kereslet, akkor n\u0151 az \u00e1rfolyam, amikor pedig kevesen fektetnek be, akkor cs\u00f6kken a term\u00e9kek \u00e1ra.<\/p>\n\n\n\n<ul>\n<li>Medvepiac eset\u00e9n az \u00e1rak cs\u00f6kken\u00e9se ak\u00e1r t\u00f6bb \u00e9ven kereszt\u00fcl is eltarthat.<\/li>\n\n\n\n<li>Ez <strong>gyakran egybeesik a gazdas\u00e1gi recesszi\u00f3val, <\/strong>a legt\u00f6bb esetben pedig el\u0151revet\u00edti azt.<\/li>\n<\/ul>\n\n\n\n<p>A medvepiac kialakul\u00e1s\u00e1nak a folyamat\u00e1t t\u00f6bb f\u00e1zisra lehet bontani \u2013 a k\u00fcl\u00f6nb\u00f6z\u0151 f\u00e1zisok mellett ak\u00e1r <strong>el\u00e9g sok id\u0151 is eltelhet, <\/strong>mivel ez az \u00e1llapot egy\u00e9rtelm\u0171en nem egyik pillanatr\u00f3l a m\u00e1sikra alakul ki.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"A_medvepiac_fzisai\">A medvepiac f\u00e1zisai<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large shortcode-no\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/medvepiac-2-1024x576.jpg\" alt=\"\" class=\"wp-image-43788\" srcset=\"https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/medvepiac-2-1024x576.jpg 1024w, https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/medvepiac-2-300x169.jpg 300w, https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/medvepiac-2-768x432.jpg 768w, https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/medvepiac-2-1536x864.jpg 1536w, https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/medvepiac-2.jpg 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Forr\u00e1s: <a rel=\"noreferrer noopener\" href=\"https:\/\/unsplash.com\/\" data-type=\"URL\" data-id=\"https:\/\/unsplash.com\/\" target=\"_blank\">Unsplash<\/a><\/figcaption><\/figure>\n\n\n<div class=\"howto_desc\">A medvepiac kialakul\u00e1sa l\u00e9nyeg\u00e9ben<strong> 4 f\u00e1zisban<\/strong> foglalhat\u00f3 \u00f6ssze, amelyek a k\u00f6vetkez\u0151k:<\/div><div class=\"single-article__steps\"> <style>\n .single-article__steps-items .single-article__steps-content{\n background:#FFFFFF;\n padding:30px;\n margin:0 0 30px 0;\n border-radius:10px;\n box-shadow:0 0 10px 0 rgba(0,0,0,0.14);\n width:calc(100% - 5px);\n}\n .single-article__steps-items .single-article__steps-counter{\n padding:5px 20px;\n border-radius:3px;\n background-color:#F5E7D8;\n display:inline-block;\n top:15px;\n left:-30px;\n position:relative;\n font-size:16px;\n font-weight:600;\n}\n\/* .single-article__steps-items::before{\n content:\"\";\n position:absolute;\n top:20px;\n left:0;\n height:calc(100% + 40px);\n border-left:2px dashed #e0e0e1;\n}*\/\n .single-article__conclusion-tag{\n padding:5px 20px;\n border-radius:3px;\n color:#000000;\n background-color:#F5E7D8;\n display:inline-block;\n top:15px;\n left:-30px;\n position:relative;\n font-size:16px;\n font-weight:600;\n}\n .single-article__conclusion-item{\n background:#FFFFFF;\n padding:30px;\n margin:0 0 30px 0;\n border-radius:10px;\n box-shadow:0 0 10px 0 rgba(0,0,0,0.14);\n}\n <\/style>\n <div class=\"single-article__steps-items\"><div class=\"single-article__steps-counter\" id=\"step_1\">1. l\u00e9p\u00e9s<\/div><div class=\"single-article__steps-content\"><h3 id=\"A-pozitiv-trend-vege\">A pozit\u00edv trend v\u00e9ge<\/h3>A medvepiac els\u0151 f\u00e1zis\u00e1nak az a st\u00e1dium nevezhet\u0151, amikor <strong>a befektet\u0151k hangulata megv\u00e1ltozik,<\/strong> \u00e9s egyre nagyobb r\u00e9sz\u00fck kezdi el eladni a befektet\u00e9seit, illetve lez\u00e1rni a poz\u00edci\u00f3it.<\/div><div class=\"single-article__steps-counter\" id=\"step_2\">2. l\u00e9p\u00e9s<\/div><div class=\"single-article__steps-content\"><h3 id=\"Az-arcsokkenes-kezdete\">Az \u00e1rcs\u00f6kken\u00e9s kezdete<\/h3>A m\u00e1sodik f\u00e1zisban <strong>a befektet\u00e9sek \u00e9rt\u00e9ke jelent\u0151sen cs\u00f6kkenni kezd,<\/strong> illetve a befektet\u0151k k\u00f6r\u00e9ben is egyre negat\u00edvabb hangulat uralkodik.\nJellemz\u0151en a m\u00e1sodik f\u00e1zisban t\u00f6rt\u00e9nik meg az, hogy a befektet\u0151k m\u00e1r vesztes\u00e9g mellett is ink\u00e1bb eladj\u00e1k a term\u00e9keiket.<\/div><div class=\"single-article__steps-counter\" id=\"step_3\">3. l\u00e9p\u00e9s<\/div><div class=\"single-article__steps-content\"><h3 id=\"Belepes-ismet-a-piacra\">Bel\u00e9p\u00e9s ism\u00e9t a piacra<\/h3>A harmadik f\u00e1zisban m\u00e1r a befektet\u0151k egy r\u00e9sze j\u00f3 \u00f6tletnek tartja az egyes r\u00e9szv\u00e9nyekbe\/term\u00e9kekbe val\u00f3 befektet\u00e9st, hiszen az \u00e1r eleget cs\u00f6kkent ahhoz, hogy<strong> meg\u00e9rje bizonyos poz\u00edci\u00f3kat megnyitni a piacon.<\/strong>\nAz \u00e1r ebben a f\u00e1zisban csak \u00e1tmeneti szinten n\u00f6vekedhet, mivel nem el\u00e9g nagy m\u00e9g az \u00e9rdekl\u0151d\u00e9s a kit\u00f6r\u00e9shez.<\/div><\/div> <div class=\"single-article__conclusion\">\n <div class=\"single-article__conclusion-tag alt\" id=\"step_4\">4. l\u00e9p\u00e9s<\/div><div class=\"single-article__conclusion-item\"><div class=\"single-article__conclusion-content\"><h3 id=\"A-medvepiac-vege\">A medvepiac v\u00e9ge<\/h3>A medvepiac utols\u00f3 f\u00e1zis\u00e1ban az \u00e1rak tov\u00e1bb cs\u00f6kkenhetnek, de m\u00e1r sokkal kisebb m\u00e9rt\u00e9kben. Amikor el\u00e9g befektet\u0151 l\u00e9p vissza a piacra, <strong>az \u00e1rak emelkedni kezdenek,<\/strong> \u00e9s a medvepiacot ak\u00e1r a bikapiac is felv\u00e1lthatja.<\/div><\/div> <\/div>\n <\/div>\n\n\n<h2 class=\"wp-block-heading\" id=\"Tzsdepiaci_sszeomlsok_s_medve_piacok_a_mltban\">T\u0151zsdepiaci \u00f6sszeoml\u00e1sok \u00e9s medve piacok a m\u00faltban<\/h2>\n\n\n\n<p>A k\u00f6vetkez\u0151 t\u00e1bl\u00e1zatban \u00f6sszefoglaltunk p\u00e1r olyan fontos kr\u00edzist, amelyek a t\u0151zsdepiac nagy r\u00e9sz\u00e9re, vagy ak\u00e1r az eg\u00e9sz vil\u00e1ggazdas\u00e1gra hat\u00e1st gyakoroltak:<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-fn-tables shortcode-no\"><table class=\"has-fixed-layout\"><thead><tr><th>Esem\u00e9ny<\/th><th>D\u00e1tum<\/th><th>Le\u00edr\u00e1s<\/th><\/tr><\/thead><tbody><tr><td><strong>Fekete h\u00e9tf\u0151<\/strong><\/td><td>1987. okt\u00f3ber 19.<\/td><td>Az egyik legh\u00edresebb r\u00e9szv\u00e9nypiaci \u00f6sszeoml\u00e1s a vil\u00e1gon. Akkoriban a legnagyobb egy napos \u00e1res\u00e9s rekordj\u00e1t d\u00f6nt\u00f6tte meg az amerikai piacon.<\/td><\/tr><tr><td><strong>1990-es recesszi\u00f3<\/strong><\/td><td>1990. j\u00falius<\/td><td>A Dow Jones \u00e1tlag 18%-ot esett 3 h\u00f3nap alatt, miut\u00e1n Irak hadm\u0171veletet ind\u00edtott Kuvait ellen.<\/td><\/tr><tr><td><strong>Dot-com bubor\u00e9k<\/strong><\/td><td>2000. m\u00e1rcius 10.<\/td><td>A technol\u00f3gi\u00e1val kapcsolatos befektet\u00e9sek bubor\u00e9ka \u00f3ri\u00e1sit robbant.<\/td><\/tr><tr><td><strong>2008-as vil\u00e1gv\u00e1ls\u00e1g<\/strong><\/td><td>2007. okt\u00f3ber 11.<\/td><td>A t\u00f6rt\u00e9nelem egyik legnagyobb &#8211; t\u00f6bb, mint 1 \u00e9ven \u00e1t tart\u00f3 v\u00e1ls\u00e1ga. A t\u0151zsdepiac 50% feletti cs\u00f6kken\u00e9st szenvedett.<\/td><\/tr><tr><td><strong>K\u00ednai t\u0151zsde\u00f6sszeoml\u00e1s<\/strong><\/td><td>2015. j\u00fanius 12.<\/td><td>F\u00e9l \u00e9ven \u00e1t tart\u00f3 visszaes\u00e9s a k\u00ednai r\u00e9szv\u00e9nypiacon, ami a nemzetk\u00f6zi gazdas\u00e1gra is hat\u00e1st gyakorolt.<\/td><\/tr><tr><td><strong>2018-as kriptovaluta v\u00e1ls\u00e1g<\/strong><\/td><td>2018. szeptember 20.<\/td><td>A kriptovaluta piac hatalmas zuhan\u00e1snak indult: a <a href=\"https:\/\/financer.com\/hu\/kriptovaluta\/bitcoin\/\" data-type=\"URL\" data-id=\"https:\/\/financer.com\/hu\/kriptovaluta\/bitcoin\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin<\/a> \u00e1ra r\u00f6vid id\u0151 alatt kevesebb, mint a fel\u00e9re cs\u00f6kkent.<\/td><\/tr><tr><td><strong>2020-as \u00f6sszeoml\u00e1s<\/strong><\/td><td>2020. febru\u00e1r 24.<\/td><td>A j\u00e1rv\u00e1nyhelyzet miatt kialakult p\u00e9nz\u00fcgyi v\u00e1ls\u00e1g, amely sor\u00e1n az S&amp;P Index 1 h\u00f3nap alatt 34%-os cs\u00f6kken\u00e9st szenvedett.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">Forr\u00e1s: <a href=\"https:\/\/en.wikipedia.org\/wiki\/List_of_stock_market_crashes_and_bear_markets\" data-type=\"URL\" data-id=\"https:\/\/en.wikipedia.org\/wiki\/List_of_stock_market_crashes_and_bear_markets\" target=\"_blank\" rel=\"noreferrer noopener\">Wikip\u00e9dia<\/a><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"Befektets_a_medvepiacon\">Befektet\u00e9s a medvepiacon<\/h2>\n\n\n\n<p>Att\u00f3l m\u00e9g, hogy a medvepiacon cs\u00f6kkennek az \u00e1rak, nem jelenti azt, hogy nem tartogat j\u00f3 lehet\u0151s\u00e9geket a befektet\u0151k sz\u00e1m\u00e1ra: <strong>a medvepiacot ugyanannyira az el\u0151ny\u00f6dre tudod ford\u00edtani, mint a bikapiacot, <\/strong>azaz az \u00e1rak n\u00f6veked\u00e9s\u00e9t.<\/p>\n\n\n\n<p>Sz\u00e1mos strat\u00e9gia l\u00e9tezik, melyeket egy medvepiac eset\u00e9n \u00e9rdemes kihaszn\u00e1lni. \u00cdme p\u00e1r m\u00f3dszer:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"i1_Termkek_shortolsa\">1. Term\u00e9kek shortol\u00e1sa<\/h3>\n\n\n\n<p>A term\u00e9kek shortol\u00e1sa az els\u0151 sz\u00e1m\u00fa taktika akkor, amikor a piacon cs\u00f6kken\u00e9snek indulnak az \u00e1rak.<\/p>\n\n\n\n<p><a href=\"https:\/\/financer.com\/hu\/befektetesek\/cfd\/\" data-type=\"URL\" data-id=\"https:\/\/financer.com\/hu\/befektetesek\/cfd\/\" target=\"_blank\" rel=\"noreferrer noopener\">CFD keresked\u00e9s<\/a> sor\u00e1n lehet\u0151s\u00e9ged van arra fogadni, teh\u00e1t abba fektetni, hogy egy adott term\u00e9k \u00e1ra cs\u00f6kkenni fog \u2013 ez azt jelenti, hogyha p\u00e9ld\u00e1ul egy r\u00e9szv\u00e9ny \u00e1ra 20%-ot cs\u00f6kken, akkor<strong> neked ebb\u0151l 20%-os profitod fog sz\u00e1rmazni.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"i2_gazatok_vltsa\">2. \u00c1gazatok v\u00e1lt\u00e1sa<\/h3>\n\n\n\n<p>Medvepiac sor\u00e1n vannak olyan ipar\u00e1gak, amelyek jobban teljes\u00edtenek a piac nagy r\u00e9sz\u00e9n\u00e9l. Az egyik ilyen \u00e1gazat p\u00e9ld\u00e1ul az <strong>eg\u00e9szs\u00e9g\u00fcgy <\/strong>\u2013 nem sz\u00e1m\u00edt, hogy mi t\u00f6rt\u00e9nik a vil\u00e1gon, az eg\u00e9szs\u00e9g\u00fcgyi term\u00e9kekre \u00e9s szolg\u00e1ltat\u00e1sokra mindig sz\u00fcks\u00e9g van.<\/p>\n\n\n\n<p>Ezt a logik\u00e1t k\u00f6vetve \u00e9rdemes lehet egy medvepiac sor\u00e1n a kor\u00e1bbi befektet\u00e9seinket eladni, \u00e9s <strong>\u00faj befektet\u00e9sekre v\u00e1ltani.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"i3_Biztonsgos_eszkzk\">3. Biztons\u00e1gos eszk\u00f6z\u00f6k<\/h3>\n\n\n\n<p>Az \u00e1rak cs\u00f6kken\u00e9sekor, illetve a bizonytalan piaci helyzet sor\u00e1n<strong> n\u00f6vekszik a kereslet a biztons\u00e1gos befektet\u00e9si eszk\u00f6z\u00f6kre.<\/strong> A medve piacon befektet\u0151k \u00e1ltal\u00e1ban <a href=\"https:\/\/financer.com\/hu\/penzugyi-wiki\/arany-befektetes\/\" data-type=\"URL\" data-id=\"https:\/\/financer.com\/hu\/penzugyi-wiki\/arany-befektetes\/\" target=\"_blank\" rel=\"noreferrer noopener\">aranyba<\/a>, illetve <a href=\"https:\/\/financer.com\/hu\/penzugyi-wiki\/etf\/\" data-type=\"URL\" data-id=\"https:\/\/financer.com\/hu\/penzugyi-wiki\/etf\/\" target=\"_blank\" rel=\"noreferrer noopener\">ETF<\/a>-ekbe fektetnek, gyakran pedig a kock\u00e1zatos eszk\u00f6zeiket cser\u00e9lik le ezekre a term\u00e9kekre.<\/p>\n\n\n\n<p>Megfigyelhet\u0151, hogy p\u00e9ld\u00e1ul a <strong>2008-as vil\u00e1gv\u00e1ls\u00e1g<\/strong> sor\u00e1n az arany mennyivel jobban teljes\u00edtett az egyik legn\u00e9pszer\u0171bb t\u0151zsdepiaci befektet\u00e9s, a <a href=\"https:\/\/financer.com\/hu\/befektetesek\/microsoft-reszveny-vasarlas\/\" data-type=\"URL\" data-id=\"https:\/\/financer.com\/hu\/befektetesek\/microsoft-reszveny-vasarlas\/\" target=\"_blank\" rel=\"noreferrer noopener\">Microsoft r\u00e9szv\u00e9nyhez<\/a> k\u00e9pest:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large shortcode-no\"><img decoding=\"async\" width=\"1024\" height=\"394\" src=\"https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/arany-valsag-1024x394.png\" alt=\"\" class=\"wp-image-43784\" srcset=\"https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/arany-valsag-1024x394.png 1024w, https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/arany-valsag-300x115.png 300w, https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/arany-valsag-768x295.png 768w, https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/arany-valsag-1536x591.png 1536w, https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/arany-valsag-2048x788.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><a href=\"https:\/\/www.tradingview.com\/chart\/\" data-type=\"URL\" data-id=\"https:\/\/www.tradingview.com\/chart\/\" target=\"_blank\" rel=\"noreferrer noopener\">Az arany \u00e1rfolyama 2007 &#8211; 2009 k\u00f6z\u00f6tt<\/a><\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large shortcode-no\"><img decoding=\"async\" width=\"1024\" height=\"394\" src=\"https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/microsoft-valsag-1024x394.png\" alt=\"\" class=\"wp-image-43785\" srcset=\"https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/microsoft-valsag-1024x394.png 1024w, https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/microsoft-valsag-300x115.png 300w, https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/microsoft-valsag-768x295.png 768w, https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/microsoft-valsag-1536x591.png 1536w, https:\/\/financer.com\/app\/uploads\/sites\/22\/2023\/08\/microsoft-valsag-2048x788.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><a href=\"https:\/\/www.tradingview.com\/chart\/\" data-type=\"URL\" data-id=\"https:\/\/www.tradingview.com\/chart\/\" target=\"_blank\" rel=\"noreferrer noopener\">A Microsoft r\u00e9szv\u00e9ny \u00e1rfolyama 2007 &#8211; 2009 k\u00f6z\u00f6tt<\/a><\/figcaption><\/figure>\n\n\n<div class=\"fn_block block_fn_msg_box key-takeaways\"><div class=\"fn_block__icon\"><\/div><h3 id=\"sszefoglal\">\u00d6sszefoglal\u00f3<\/h3>A medvepiac egy elker\u00fclhetetlen jelens\u00e9g, ami bizonyos id\u0151k\u00f6z\u00f6nk\u00e9nt megjelenik mind a r\u00e9szv\u00e9ny-, mind az egy\u00e9b piacokon.\nEgy \u00fcgyes befektet\u0151 a medvepiacot az el\u0151ny\u00e9re tudja ford\u00edtani, amelyben sokat seg\u00edt a CFD keresked\u00e9s \u00e9s a term\u00e9kek shortol\u00e1s\u00e1nak a lehet\u0151s\u00e9ge.<\/div>","protected":false},"author":80,"featured_media":43789,"comment_status":"open","ping_status":"closed","template":"","meta":{"disable_branded_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ep_exclude_from_search":false,"footnotes":""},"categories":[1206],"_links":{"self":[{"href":"https:\/\/financer.com\/hu\/wp-json\/wp\/v2\/wiki\/43781"}],"collection":[{"href":"https:\/\/financer.com\/hu\/wp-json\/wp\/v2\/wiki"}],"about":[{"href":"https:\/\/financer.com\/hu\/wp-json\/wp\/v2\/types\/wiki"}],"author":[{"embeddable":true,"href":"https:\/\/financer.com\/hu\/wp-json\/wp\/v2\/users\/80"}],"replies":[{"embeddable":true,"href":"https:\/\/financer.com\/hu\/wp-json\/wp\/v2\/comments?post=43781"}],"version-history":[{"count":25,"href":"https:\/\/financer.com\/hu\/wp-json\/wp\/v2\/wiki\/43781\/revisions"}],"predecessor-version":[{"id":78240,"href":"https:\/\/financer.com\/hu\/wp-json\/wp\/v2\/wiki\/43781\/revisions\/78240"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financer.com\/hu\/wp-json\/wp\/v2\/media\/43789"}],"wp:attachment":[{"href":"https:\/\/financer.com\/hu\/wp-json\/wp\/v2\/media?parent=43781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financer.com\/hu\/wp-json\/wp\/v2\/categories?post=43781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}