1) whimpy low coiner
2) sufficiently aggressive low coiner
3) an overly aggressive low coiner
A lot of investors today who are number 2 started off overly aggressive and bought into the different altcoins that promised to be the next Bitcoin. Likely, they entered the market during a bull run when crypto was at the top of everyone's lips like in late 2017 and dives right into the ICO bubble which was growing larger everyday.
After getting burnt a couple of times and losing some money, maybe gaining some more, but over the next couple of months they moved towards more stable coins like Bitcoin and aggressively went into it, moving most bb their profits from other investments into it.
The first guy usually stays the same."The first guy usually stays the same."
Interesting point. I consider the whimpy low coiner to have potential, since he has already acted.
We have such a common problem with the no coiner who fails to act, and so maybe there are different kinds of no coiners too.. but a low coiner has gotten further than any no coiner who has failed to act. We know that another term for no coiner is pre coiner, yet there are still some who might be teetering upon having interest in bitcoin and others who don't really invest into anything until everyone they know and their dog is doing it, and then they join.. yes those ones are maybe the laggards.
yeah you are right and thanks for the clarity of different low coiners, but recently I think I'm among the category of the second one, but at first I was among the category of the third one ,
overly aggressive low coiner , because at that time I involved my self in a of scheme, like trading and involving myself with alot of shitcoins thinking they would make me rich quick and earn me some goot profit, but at the end they did the opposite, got me reckt and I got to learn the hard way. But ever since have been gaining more knowledge about how Bitcoin investment or holdings works . I now find myself being among the
sufficiently aggressive with the help of sir @JJG and some other users in this forum I'm now able to Accumulate bitcoin and same time manage my financial situation.
I think this post now add clarity to how I felt mid last year. I was indeed number 2 and I'm glad I was as it made me cover up some gaps by combining both the DCA method and buying the dips. As someone who did not start building my bitcoin asset early, it was not a good feeling realizing that we were a year to bitcoin halving, and ETF approval where it was expected that Bitcoin will make a new all time high yet I did not have a good bitcoin portfolio. This was what motivated me to suspending a lot of activities costing me money and channeling those funds to Bitcoin. I achieved my target anyways but not as much as I would have achieved if I started investing way back in the bear season.