4 types of investors in Cryptocurrencies that you should know
The types of investors in cryptocurrencies are characterized according to their behavior
The good thing is that crypto offers different investment alternatives depending on your profile, but it is essential to constantly want to learn and be informed, in this way you will be able to make your savings profitable.
We must know ourselves and what type of investor we are, and that is determined by the character of each individual. There is no better investor than another, each person assumes the risks in their own way depending on their tolerance, patience, personality and experience.
It is about looking for a type of investment with which you feel more comfortable and that suits you.
There are cryptocurrency investors with different personalities; the patient, conservative, moderate, those who want quick short-term gains, those who bet big, willing to lose everything to win twice as much. Not everything is usually perfect, sometimes you have to be lucky, but by educating yourself well in this world, you will surely get good results.
Invest long-term as a holder
Holder is a person who invests in cryptocurrencies in the long term, someone who buys cryptos like: BTC, BNB, ETHER, among others and keeps them for a long time.
You don't necessarily have to be a millionaire or have some kind of experience to be a holder, in fact many new people start with this option, there are even those who buy coins and forget them for many years.
The most common risk with this type of investment is that over time cryptocurrencies tend to suffer large drops in value, affecting our savings from them and our fear and panic begins that in the future we will lose all the investment.
It is advisable not to be influenced by the comments of other people and not lose control of the situation, we must be patient, remember that it is a long-term investment and as the price goes down, it also goes up.
Being a holder is something that can help you generate a lot of money if you have a lot of patience.
Let's look at this example: at the end of 2017 bitcoin had an approximate value of $20,000, people began to speculate that it would suffer a fall and it was not like that at all, by 2018 the price was falling, by 2019 it began to recover, in the 2020 exceeds its historical maximum of $35,000 and in 2021 it surprises us, reaching up to $60,000. This demonstrates the advantages of the holder.
Trend hunter: always alert
In the financial market it is said that trends are your best friend and they are partly right. Being a trend hunter is predicting the reference changes that occur in a certain sector, in this case in cryptocurrencies.
For this , you have to carefully observe the changes in the market, and be constant in following a trend, until you achieve the desired objective.
One of the trends that will give a lot to talk about during 2022 is that of the metaverse of the Meta company previously called "Facebook". Many brands and companies such as Nike, Pepsi, Gucci and many more are betting on this project and that usually bodes well.
It is a project that we must follow closely in order to assess its risks, advantages and disadvantages for the world of cryptocurrencies.
NFTs are also a new trend that has a lot of potential and even big companies, artists, sports leagues are getting into them. This is a good reason to be on the lookout for this boom, as money could be made from these trends if all goes as expected.
Crazy about trading: learn without measure
To be a profitable trade, many factors are required that will help you better understand this investment method, although something complex is not impossible to learn and requires a lot of training, prepare to train yourself in it.
Trading is considered a profession and we must learn the rules of the game and be a disciplined investor.
Being persistent is one of the factors that we have to consider when trading. We will always run into many obstacles along the way, there will be losses, falls, failures, ups and downs, and only perseverance will keep us firm in this if we want to be a good trader.
This investment method can be the most profitable of all in the short and medium term, but it is not easy and you have to be constantly learning if you use the right guidance and tools.
You have to have a lot of passion for trading and the financial market, always be aware of them, since price fluctuations are determined from there.
Work hard and dedicate hours to study, analysis, charts, readings, market preparation, screens, learn a lot from your own experience and find a strategy that works for you and makes you feel good.
Panic seller: control emotions
Many times in the world of crypto we see investors who, out of panic to lose their capital saved in bitcoin, tend to sell hastily, we are aware that when falls of up to 40% are observed, it is normal to have that fear.
Large investors or whales in cases like these see a huge advantage and tend to continue accumulating more coins, and the drop in price is a good indication to buy cheap and then sell higher.
If we are long-term investors we should not worry about this, cryptocurrencies are here to stay and it is something that will not disappear overnight.
We live in constant evolution and that also includes the economy. More and more people, companies and institutions are adopting cryptocurrencies and see it more attractive and lucrative to bet on bitcoin than with gold itself.
This makes cryptocurrencies dominate finance in the future and therefore we should not fear constant fluctuations in their price.
Although we know that we could use it in our favor, if we do not get desperate and sell when the time is right, having some profit thanks to our confidence in crypto.