Post
Topic
Board Altcoin Discussion
Re: What goes up must come down
by
DU18
on 21/04/2021, 16:09:36 UTC
Definitely investors will always have their target price to take profits and this do continue to happen in the cause of the market because different investors invested in different time and will seek to take profits at different times hence the constant correction in the market.
Yes, and it is a very natural thing to happen because basically everyone wants to make a profit in various ways and one of them is through cryptocurrency investment, so as ordinary traders we also have to be able to take advantage of this too in order to get a profit.
Investo and trader are two very different things even though they have the same goal, namely getting profit, in my opinion investors have a greater risk of getting bigger losses and profits than ordinary traders like us, because investors usually focus on a project (asset) fundamental in nature, whereas traders tend to pay more attention to market sentiment and conditions and of course traders tend to make transactions with a short-term perspective, in contrast to investors who take plans for a longer period of time. and usually traders only transact in altcoins that already have a market so there is very little chance of investing in a scam altcoin, while investors invest in tokens or coins that don't have a definite market so they only rely on project roadmaps and the possibility of fraud is very large.