Post
Topic
Board Altcoin Discussion
Re: WHAT TYPE OF CRYPTO INVESTOR ARE YOU?
by
mezzaluna
on 17/10/2020, 17:01:17 UTC
There are different types of investors with varying priorities goals, habits, and tolerance of risk. Read this thread to know the type of crypto investor you are.

1. Newbie: In any industry you must first be a newbie before you become a pro. To get started with crypto you need a little capital to start. This group include those with a little or no knowledge about the crypto industry but eager to seek to diversify their investments into new high risk assets that offer a good return

2. Crypto Enthusiast: Like a newbie, the crypto enthusiast joined the market not long ago and still doesnt have enough knowledge about the crypto industry although he has built a diversified portfolio which he checks their performance everyday.

3. Hodler: They are people who will rather hold any crypto no matter the ups and down they believe one day it will get to their desired price

4. Early Adopter: The early adopter are people who got into bitcoin when it was less than $100 about some few years ago. At that time everyone thought bitcoin was a scam but they took the courage to buy some because they believed in the technology.

5. Professional Trader: These guys have seen crypto trading as a part time or full time job. They dont have concern with holding cryptos for a long time. Their main and only goal is short term profits.

What type of investor are you? Im definitely an HODLER

I guess even though I read about things within the forum, I fall on the Crypto Enthusiast because even though I have knowledge regarding some things within the Industry, its still hard for me to pursue the next step (to become a HODLER) because of the lack of capital. Its still good for me to earn weekly since I can really use that money. Bounties are still a good idea since they tend to blow up their prices at the end of the campaign which can bring you a big salary but I guess Im still an enthusiast.