A Bitcoin investor can vary in terms of background, motivations, and investment strategies and they usually fall under these range ;

1. Early Adopters: Individuals who recognized Bitcoin's potential early on and acquired Bitcoin when it had a relatively low value. Many early adopters are technology enthusiasts who were intrigued by the concept of a decentralized digital currency.

2. Speculators: Some investors are attracted to Bitcoin's price volatility and potential for high returns. They actively trade Bitcoin, trying to profit from short-term price movements. Speculators aim to buy low and sell high, taking advantage of market fluctuations.

3. Long-term Investors: These investors have a belief in the long-term value and potential of Bitcoin. They tend to hold Bitcoin as a long-term investment, often motivated by the idea that its limited supply and growing adoption may drive up its value over time.

4. Institutional Investors: As Bitcoin has gained prominence and regulatory clarity has improved, various institutional investors such as hedge funds, asset management firms, and even publicly traded companies have started exploring investments in Bitcoin. Their motivations can range from diversification of their portfolios to hedging against inflation and economic uncertainties.

5. Individuals in Regions with Economic Instability: In countries experiencing political or economic instability, some people turn to Bitcoin as a way to protect their wealth from potential devaluation of their national currency, capital controls, or restrictions placed on traditional banking systems.

It's important to note that these categories can overlap, and individual investors may have different combinations of motivations and strategies. Each investor's approach to Bitcoin can differ based on their risk tolerance, investment goals, and understanding of the cryptocurrency market.