Difference between Holter and Trader

1 16
Avatar for Jame5
Written by
2 years ago

Surely you have read or heard a lot about these two terms in the crypto market and you may have even echoed either of the two terms, believing that they are very different or that they are the same. The truth is that they are not so different, nor are they the same.

Let's start by defining the one that, from my point of view, is the most usual or famous in this world, the Trader. Its translation is associated with trading, so we understand that the Trader is a crypto operator who studies well the behavior of the cryptocurrency market to buy at the lowest resistance point of the moment, and then sell at a predefined point of rise, For example, if in September the Bitcoin reached 6,800 US dollars per bitcoin, the Trader will seek to sell when approaching that peak, he can define the point to start selling the 60,000.00 USD, and thus obtain a profit from said sale.

You can also sell at not so high peaks just in order to recover an extra profit on top of your investment.

The Holder is a possessor. He buys cryptocurrencies at any price and keeps them in his portfolio for a long time, setting points for sale so high that they exceed the historical maximum price of said cryptoactive, so a brutal drop in cryptocurrencies will not affect him psychologically because his The goal is to always expect the price of your investment to multiply many times over. It could be said that it is a long-term Trader because in the end this source of investment has a profit objective similar to that of the Trader but to capitalize even more and in the future. Increase the value of your assets in the future by being patient and for which the Holder usually has other sources of wealth that support him.

So what are you, or what would you like to be? He comments.

Followme on Twitter, Instagram & Facebook please.

@JimmyJQB

https://accounts.binance.com/es-LA/register?ref=IG9TELI4

2
$ 0.00
Sponsors of Jame5
empty
empty
empty

Comments

Your explanation is great, I'm really a holder, and I love it because with my time so short, being a trader is very difficult, besides I don't know how to read the market...

$ 0.00
2 years ago