Different kinds of Crypto Investors

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Avatar for KennieKing
2 years ago

Its the world of crypto and there are lots of us with different emotions attached to the industry, just like we have newbies, we also have the experts and the gurus in the game, but it has never been established that anyone could predict the movement of any crypto token, we can only speculate, sometimes not even right or on point.

Most crypto investors comes into the game with a major mindset which is to make profit, not minding or looking out for what the said project is offering to the world, which we call the use case, we just want to make the profit and that's the utmost priority.

As favor would have it, crypto investment and use case is building up and spreading, and luckily no one can stop it, not even the government can stop it unless they want to bring down the internet, and of course that's not possible, so we are here to stay big time, its just a matter of time that the government and more individuals would accept it as mode of payment and incorporate it into the world of finance.

Now lets look into Different Kinds of Crypto Investors as we have them today;

  • The Wanna Be: These kinds of people as we have them are like followers and always want to do what other people are doing, they don't mind what the risk is involved or the outcome if they eventually get into it, they just want to get with the flow, maybe to move with where life is going, and the thing is they are mostly lucky with it.

  • The Greedy: These kinds of people see other people making it in the industry, and they just want to get along too, sometimes they know the risk involved but they do not care, they just want to make the same money other big investors are making, so many they lose, because whatever it is that is fueled with greediness always ends up in futile, well some make a way with it.

  • The Fear Of Missing Out (FOMO) guys: These kinds of people are the get rich quick scheme guys, they always have a separate funds meant to fuel their FOMO, they only buy coins when its pumping, they don't make an attempt to buy when its lying low stagnant, when there is hype around a coin and its making waves, that's when they make an attempt to buy, i was a culprit too on this. Most often these guys loose in the game in the process of trying to catch up and make quick bucks, this is often not advisable because most people have lost than making profit.

  • The Early Birds: These set of people are like the early birds that catches the early worms, if the token invested on is a legit one and not some kind of scam coins nor a rugpull, they make a good profits, because mostly is like buying a presale, which they bought at lower price, compared to the listing price.

  • The FUD guys: These set of people are put Fear Uncertainty and Doubt in other investors, solely to either let people withdraw their money from a coin or rugpull a project. The big investors also do stuff like this so as to let people withdraw their money, let the price fall drastically so they can buy at a cheaper price, most times they also encourage people to buy same token so that people can buy and from there they make their profit, these are bad omen in the industry.

  • The Traders: These kinds of people comes into the industry to trade crypto, they involve in either daily, weekly or monthly trading, this comes with great risk, and they are mostly called the risk takers, some who are not so greedy makes their money while those who are Oliver twist lost part of their money and if not all their money in the trading.

  • The Hodlers: These kinds of people only buy or invest in crypto for the main aim of holding it for few months or years, we call them the diamond hands because its not easy holding up money somewhere and not touching it amidst some personal or domestic crisis. Most investors are always advice towards this, for there is not always a lost in the capital invested.

The crypto industry is so wide that we have many sections we can invest on, from normal trading to investing on NFT and so on, nevertheless we should learn to make our research before investing any token, be it hyped or non hyped ones.

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2 years ago

Comments

Good I don't know earlier now I knew it

$ 0.01
2 years ago

good to know that you now know, so where do you fall

$ 0.00
2 years ago

Welcome back, Kennie!!! Can you add, "the chills"? 😁

$ 0.01
2 years ago

thanks a lot sister, i really appreciate your reaching out always

$ 0.00
2 years ago

How about me, hmmmm what kind of type am I really? I have to remember who I really am here, thank you bro

$ 0.01
2 years ago

of course one way or the other we always fall to one of the categories mentioned.. thanks for reaching out brother

$ 0.00
2 years ago

I don't know which type am I 🤣. Because I experienced all of those lol.

$ 0.01
2 years ago

seriously i couldn't imagined when i first started, i lost a lot to those twitter hype, but I've learnt my lesson to always do my research before anything

$ 0.00
2 years ago

I agree with you on the classes of crypto investors and I fall into 2-3 categories but I am definitely improving my skills on a daily basis.

$ 0.01
2 years ago

i have learnt that the best way to deal with all that is to be cool and stay calm before delving, there will always be bull and bear, we just have to know when to enter and when to exit

$ 0.00
2 years ago