Post
Topic
Board Altcoin Discussion
Re: WHAT TYPE OF CRYPTO INVESTOR ARE YOU?
by
InwardContour
on 21/08/2020, 13:00:04 UTC
If i have the capital to invests in crypto, i will become a hodler, no need to analyze the market, patience is only needed, but i would rather learn to trade than become a true hodler, who knows how long cryptocurrency will last.

There is every need to analyze the market, point of correction here. If you be a successful crypto investor or trader, you need to learn how to analyze the market. A, good entry matters a lot, also knowing when to exit matter. For instance while a friend was calling AERGO scam (of course its a decent project) because he lost about 700$ trading it, I decided to do a top-down analysis on the charts, then with some FA and bought in, I realized about 60%+ from that trade and it was cool. Investing long term doesn't necessarily mean you just market buy without seeking for a good entry.