Topic: What kind of investor are you? - page 12. (Read 21960 times)
invest in the long term, or hold as long as possible. This will reduce the risk of loss and the main thing is that one advantage to heaped when coins reach high prices can simply enjoy the results. the longer the hold will certainly make the coins will be more expensive.
day trader, I usually make around 10 trades per day. The key is patience and wait for the dips.
Its not just with day trading that patience is required, it is necessary from the very point you pour your money into crypto market. Whether you are long term investor, day trader or short term investor, patience is necessary for one to earn profit and stay safe from falling into loss. One must have patience and never buy when the market is in hype and experiencing all time highs. Always wait for the right time and buy in dips. Same applies for selling. Always hold with patience till you are in profit and never sell your holdings of coins in loss.
I am a holder but only around 35% of my portfolion is in Eth and the rest are assets from the choices you mentioned. Most of the time, I just tell myself ”Ugh, here comes the emotional people again” when those screams appear in this forum. Face palm!
Investments for me is a hobby, an alternative way to heva money, so I do not like risk. That`s why I do not think that I am a professional one.
I am a day trader, I buy in the evening and sell it in next morning it mainly makes me a profit of 0.4%. It depend on the money i have invested, if i invest more money than i get more profit. But this is risky because your some of money is huge anything can happen. But in short time period you get a short profit but risk is less you just have to focus on the rate for few hours.
Personally, I prefer hold. You understand that with such a strategy there are fewer risks. But also sometimes I experiment in the short term
Actually I started with The day trader, I took much of my time to check CMC and several exchanges, and I trade many coins in a day.
Later I choosed to be THE HOLDER when I realized most of the coin I've traded has pump in the market, so now I'm holding Many altcoin.
Later I choosed to be THE HOLDER when I realized most of the coin I've traded has pump in the market, so now I'm holding Many altcoin.
I'm a holder, because I don't know how to make profit trading. I only sell my coins when I need fiat for my expenses.
I am the FOMO, constantly looking and researching for ICO that has a very cheap price and has a huge probability to become successful. I am enjoying the process and its even became my daily routine so I feel excited everyday.
The broke and HODLer kind. Broke because I ended up converting all my fiat into cryptocurrencies and now I'm down by a lot due to the drop since early Jan. HODLer because I'm so down the shit hole that I can't bother selling now.
Perhaps in the near future I won't regret having converted all my fiat into cryptocurrencies
That’s the scenario with most of the people in the world. Many people invested in crypto market when the market was experiencing hype and making new all time highs. Perhaps in the near future I won't regret having converted all my fiat into cryptocurrencies
Many investors poured their money in when the market was high and now as the corrections period has hit and the market has crashed even more than half, there is no choice for those investors other than to hold their coins rather than selling is loss. So many traders who didn’t wish to be holders have become so without choice.
I'm more of the Satoshi - although I don't hold an account here (which is why I decided I really should have one.) Running 2 masternodes right now, have a crypto-expanse that runs deep. I would have said I was closer to a Hodler but I cash out via Bitcoin, don't hold any. I live on Crypto! I've also been in the cryptosphere since 2013. Met some really interesting people!
Before when the time bitcoin price rises like there is no limit, i am a hodler i held my bitcoins for 2 years and i sold it when the price reached 20k now, the bitcoin price corrected and hard to climb back, i am now a day to day trader i always check the price of bitcoin every 6 hours a day and always check the news if the there something good news to bitcoin and alts that can be a trigger for the price to rise.
I'm more of a hodler. I buy coins and keep them for a long time. Although I sometimes choose interesting ICO for myself and invest in them. The last ones were-Utrust and Live stars.
I'm more of a NOOB, but is gradually developing into the Holder, and the last time do not know who - perhaps the observer who loses a lot and sad.
I do the long term holding plus the Freebie. I must confess many of the coins I have at my disposal are those I got from bounties and freelancing. When I get them like that, l let go of some and keep the remaining expecting any possibility of a pump in the price. Anyways I am actually looking forward to cross over to some other areas like the ones mentioned. Cos I believe there is always a chance to move higher.
I'm the Hodler, but honestly, sometimes I feel like a Noob, desperately reading news, whitepapers, reviews and prognosis. And a little bit of the Day Trader. And a Freebie. Such a crazy combination
So what kind of an investor are you?
The Day Trader: Every free moment you are checking exchanges and cmc. You barely research the coin you are trading, you only care about the short term trading history. Binance is your go to exchange. You make several trades throughout the day. You are a constant ball of raging stress.
The Day Trader: Every free moment you are checking exchanges and cmc. You barely research the coin you are trading, you only care about the short term trading history. Binance is your go to exchange. You make several trades throughout the day. You are a constant ball of raging stress.
Day trader but my exchange is okex and bitfinex, yes I always check cmc lol. I barely check coins too because all I want is dollar, I dont hold coins.
I don't think that I could really qualify myself as to what type of investor I am simply because I am an investor who is not afraid to lose. I love diversity and I challenge myself to always try new things albeit risky because this type of opportunity doesn't always come on a regular basis. So when I see a legit opportunity to grow my portfolio I make it to a point to throw some fiat from my bag and see what the future holds. I also love trading on a daily basis simply because I am not greedy to be contented with just even 5% gain at least I'm doing it regularly. Investing should not be stressful, it should be motivating enough for you to keep on trying no matter what.
Well!!, I'll go in for the holder type of investor, and looking at the current results of the pool, I think i have most members of this forum with me. Anyways I say I am holder because as you described in your intro, barely will I go and sell my coins for a cheap price. In other words, HODLERS type of investors strongly believe the rulership and existence of alts and bitcoin or crypto as a whole someday so they find it difficult selling off their coins for cheap because of some panic news. Also because of trust in BITCOIN, a hodler will at least leave his assets in wither BTC/ETH. Some other alts that are also worth holding are kept for future benefits. Another fascinating thing is that I always buy whenever market turns red, so what is happening recently is very good for HODLERS though the day traders will make the most out of this current pump and dump market. So in view of this and my belief in crypto, I feel proud to be a HODLER
So what kind of an investor are you?
The Noob: Just started out. Heard about crypto from a family member, colleague or friend. Had to get help getting an account on an exchange (probably started out with coinbase) and how to set up a wallet. Was really scared so put in a couple hundred dollars. Desperately reading articles and watching youtube videos to wrap you head around it all.
The Satoshi: Been in crypto for years. You are probably mining and running a masternode. Have a hero or legendary account in bitcointalk (real, not bought). You think Ripple is the evil Dark Lord of the Sith. And I'm guessing...you have a btc shirt that you are wearing right now?
The FOMO: Jumped in after you saw a news report talking about the crazy rise of crypto. Started investing based off of youtube pumpers or shillers. Joined a pump and dump group. Loves ICOs. Constantly looking for coins that are under a dollar. Has severe panic attacks when coinmarketcap is in the red.
The HODLER: You have 50% of your portfolio in either btc or eth. Your other assets include a privacy coin, a "3rd generation blockchain coin" (iota, nano, etc.), a new smart contract coin, an exchange coin (bnb, kucoin, coss, etc.) and...am I missing any other ones? You hop on the roflcopter when people come to bitcointalk and scream, "OH NOEESSSS! The market is down!)
The Day Trader: Every free moment you are checking exchanges and cmc. You barely research the coin you are trading, you only care about the short term trading history. Binance is your go to exchange. You make several trades throughout the day. You are a constant ball of raging stress.
The Freebie: You have 5 bitcointalk accounts running signature campaigns. You have a twitter bot. You constantly input the word "airdrop" into search engines. You joined crowdholding. You have so many random coins you lost track of them all.
I am a HODLER as well as day trader. I have split my investments in parts for day trading as well as long term investments. I have invested 70% of my total amount in coins such as BTC, NEO, XRP and ETH for holding long term and 30% amount I have invested in coins such as TRX, XVG, ADA and IOTA for short term traders to gain from their volatility. Therefore, I earn through day trades as well as by holding for long term. The Noob: Just started out. Heard about crypto from a family member, colleague or friend. Had to get help getting an account on an exchange (probably started out with coinbase) and how to set up a wallet. Was really scared so put in a couple hundred dollars. Desperately reading articles and watching youtube videos to wrap you head around it all.
The Satoshi: Been in crypto for years. You are probably mining and running a masternode. Have a hero or legendary account in bitcointalk (real, not bought). You think Ripple is the evil Dark Lord of the Sith. And I'm guessing...you have a btc shirt that you are wearing right now?
The FOMO: Jumped in after you saw a news report talking about the crazy rise of crypto. Started investing based off of youtube pumpers or shillers. Joined a pump and dump group. Loves ICOs. Constantly looking for coins that are under a dollar. Has severe panic attacks when coinmarketcap is in the red.
The HODLER: You have 50% of your portfolio in either btc or eth. Your other assets include a privacy coin, a "3rd generation blockchain coin" (iota, nano, etc.), a new smart contract coin, an exchange coin (bnb, kucoin, coss, etc.) and...am I missing any other ones? You hop on the roflcopter when people come to bitcointalk and scream, "OH NOEESSSS! The market is down!)
The Day Trader: Every free moment you are checking exchanges and cmc. You barely research the coin you are trading, you only care about the short term trading history. Binance is your go to exchange. You make several trades throughout the day. You are a constant ball of raging stress.
The Freebie: You have 5 bitcointalk accounts running signature campaigns. You have a twitter bot. You constantly input the word "airdrop" into search engines. You joined crowdholding. You have so many random coins you lost track of them all.
I likes to invest for a long time investment and so it will gain for in my future so I can make it long term and many altcoins has a good developing state for the last years so we are ready make a investment too quickly.
So what kind of an investor are you?
The Noob: Just started out. Heard about crypto from a family member, colleague or friend. Had to get help getting an account on an exchange (probably started out with coinbase) and how to set up a wallet. Was really scared so put in a couple hundred dollars. Desperately reading articles and watching youtube videos to wrap you head around it all.
The Satoshi: Been in crypto for years. You are probably mining and running a masternode. Have a hero or legendary account in bitcointalk (real, not bought). You think Ripple is the evil Dark Lord of the Sith. And I'm guessing...you have a btc shirt that you are wearing right now?
The FOMO: Jumped in after you saw a news report talking about the crazy rise of crypto. Started investing based off of youtube pumpers or shillers. Joined a pump and dump group. Loves ICOs. Constantly looking for coins that are under a dollar. Has severe panic attacks when coinmarketcap is in the red.
The HODLER: You have 50% of your portfolio in either btc or eth. Your other assets include a privacy coin, a "3rd generation blockchain coin" (iota, nano, etc.), a new smart contract coin, an exchange coin (bnb, kucoin, coss, etc.) and...am I missing any other ones? You hop on the roflcopter when people come to bitcointalk and scream, "OH NOEESSSS! The market is down!)
The Day Trader: Every free moment you are checking exchanges and cmc. You barely research the coin you are trading, you only care about the short term trading history. Binance is your go to exchange. You make several trades throughout the day. You are a constant ball of raging stress.
The Freebie: You have 5 bitcointalk accounts running signature campaigns. You have a twitter bot. You constantly input the word "airdrop" into search engines. You joined crowdholding. You have so many random coins you lost track of them all.
I am a HODLER as well as day trader. I have split my investments in parts for day trading as well as long term investments. I have invested 70% of my total amount in coins such as BTC, NEO, XRP and ETH for holding long term and 30% amount I have invested in coins such as TRX, XVG, ADA and IOTA for short term traders to gain from their volatility. Therefore, I earn through day trades as well as by holding for long term. The Noob: Just started out. Heard about crypto from a family member, colleague or friend. Had to get help getting an account on an exchange (probably started out with coinbase) and how to set up a wallet. Was really scared so put in a couple hundred dollars. Desperately reading articles and watching youtube videos to wrap you head around it all.
The Satoshi: Been in crypto for years. You are probably mining and running a masternode. Have a hero or legendary account in bitcointalk (real, not bought). You think Ripple is the evil Dark Lord of the Sith. And I'm guessing...you have a btc shirt that you are wearing right now?
The FOMO: Jumped in after you saw a news report talking about the crazy rise of crypto. Started investing based off of youtube pumpers or shillers. Joined a pump and dump group. Loves ICOs. Constantly looking for coins that are under a dollar. Has severe panic attacks when coinmarketcap is in the red.
The HODLER: You have 50% of your portfolio in either btc or eth. Your other assets include a privacy coin, a "3rd generation blockchain coin" (iota, nano, etc.), a new smart contract coin, an exchange coin (bnb, kucoin, coss, etc.) and...am I missing any other ones? You hop on the roflcopter when people come to bitcointalk and scream, "OH NOEESSSS! The market is down!)
The Day Trader: Every free moment you are checking exchanges and cmc. You barely research the coin you are trading, you only care about the short term trading history. Binance is your go to exchange. You make several trades throughout the day. You are a constant ball of raging stress.
The Freebie: You have 5 bitcointalk accounts running signature campaigns. You have a twitter bot. You constantly input the word "airdrop" into search engines. You joined crowdholding. You have so many random coins you lost track of them all.
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