What type of investor are you?

Thought I'd post this colourful list of possible investor types. It's been written for share trading so you need to adapt it for Bitcoin investing. But it's just a bit of fun really.
This list has been quoted from "The Naked Trader - 2nd Edition by Robbie Burns" book ISBN 978-1-9056-4151-2, so I take no credit for his work.

Mr Day Trader
Thinks he's going to make a mint from being a day trader. Anyway it sounds cool doesn't it? Imagine at parties! "What do you do?" "I'm a day trader!" Wicked! Day traders were common in the markets in 1998-1999 and many gave up their jobs to day trade.
Day trading means buying shares and holding them for not very long, taking lots of small profits. Trouble is most people lose at day trading and that's a fact. It takes an awful lot of effort and it's very stressful too. With commissions and spreads it's very hard to make enough each day to live off. Mr DT may easily get into denial and thinks he's making money when he's not.

Mr Chart Guy
Has decided his charts are the True Answer and will only trade shares from looking at a chart.
He examines things like Fibonacci ratios and Bollinger Bands. He also looks at things like moving averages and MACD divergencies and like to draw pretty lines all over the charts to prove something is a buy or sell.
Now don't get me wrong - there is the odd person out there who does manage to make money from charts alone, but I think they are few and far between. My view is those going for just charts are missing out on the whole picture.

Mr Safe And Steady
He'll only buy something he considers safe. So companies like utilities ("people always need power") or Tesco ("people always need to eat"). He probably does OK in the long run, and he may end up making more money than leaving it in the building society. The thing is he won't lose very much. But then again you do need to take some risk to make money.

Mr System Addict
Now here's the chap that just loves to buy trading systems. He'll be clicking on all the ads that offer to turn £2,000 into £75,000. He can't think of anything better than plugging in his amazing system that tells him when to buy or sell a share.
He just can't believe it when his system signalled a buy and yet the share went down! What is wrong with the share?! The system says it was going up! Especially as it was all meant to be so easy. The people that sold him the system said so. And they know what they are talking about don't they? I'm afraid the truth is you have to do a bit of work to make money in the markets.

Mrs Long-Term Investor
Notice the Mrs here - more woman than not are longer-term investors because they don't take as many gambles as the men.
Mrs LTI doesn't buy that often and is quite cautious. But she will do her research and will probably hold for long enough to make good profits. And you know what? Mrs LTI should do well. Her problem may be eventually holding on for too long and she needs to learn to take profits sometimes.

Mr Medium-Term Investor
Buys and holds shares for anything between 3 months and 2 years. Does some careful research. Stick to stop losses. Takes profits when it's sensible to do so. Keeps an eye on his shares bit doesn't necessarily wet-nurse them all day. Prefers smaller companies (with growth prospects) to the FTSE 100 ones.

Mr Analyser
Take the first four letters of his name and you know what I mean. This trader tries way too hard and analyses everything way too much. So much so that he'll end up not buying shares that could go up quite a lot because he has over-analysed and got too worried.

Mr Accountant
Loves poring over every detail of a company's accounts and takes great joy in PEG ratios and acid tests and all that. Thing is, he's misses the point of the market which largely ignores all that. If you look at all the ratios and the small things, you'd never buy a single share. Missed loads of good opportunities.

Mr Short
Mr Short thinks the market is always too high and everything is too expensive, so he rather bet on shares to go down. He shorts all the time rather than buying and enjoys being a bit of a maverick. One thing he's forgotten: over time shares go up more than they go down. So he's asking for trouble. Bull markets last way longer than bear ones and he is likely to make big losses during a long-term bull market. Shorting is fine in the right circumstances but not all the time.

Mr Quick In And Out
As well as fairly obviously being useless in bed, Mr Quick In And Out may have trouble making much money in the markets. This character looks for something that's going up, and hopes to hop on board and get out quick if it starts to go down. But the problem is he is trying to find shares that have dropped a lot that are on their way up - and he could end up holding some real shockers. For every one or two small successes, he is going to have the odd awful stinker that will bring his whole portfolio down.

Mr Bottom Picker
Yes, I know what you're thinking, that title sounds a bit gruesome. But if you're into such things, then good for you, not really my cup of tea to be honest but I have an open mind.
Mr BP just loves shares that have suddenly plummeted, preferably on a profits warning. He'll get up in the morning and the first thing he'll do is scan the list of worst performing shares and get stuck in. The reasoning is: "it's oversold."
He'll buy in an then start to worry a bit when it doesn't immediately start going up. It dips a little more the next day, but , "hey, it was nearly double the price the day before yesterday so it'll go back up and I'll make loads-a-money". Except it often doesn't, and what was meant as a short-term trade becomes a "long-term investment".

Mr Scaredy Cat
This type of trader sells the moment the market starts to go down a bit. they are scared of the slightest drop in the market. They sell everything the moment the market goes down and buy it all back again when it goes back up.
Trouble is, once all the costs of commission and spreads are taken into account, profits are never going to be huge, although losses won't be that big either.

Mr Bulletin Board
Mr BB spends his life on the bulletin boards - you wonder how he gets the time to do anything else. He reckons himself as a bit of a guru. He's everywhere telling people what he's bought. The buy is usually backed up with a pretty chart. He boasts about how well he's doing.
The funny thing is, if one of his buys tanks amazingly it's forgotten about. If he buys something that goes up, he will continue to remind the other people of the bulletin boards. The winners remembered, the losers forgotten.
Whatever you do don't follow Mr BB's tips. Do your own research!

Mr Penny Share
Loves his low-priced shares! Prefers to buy shares under 20p because they could double, treble or become ten baggers. More likely they will go bust than double!

Mr Footsie Player
Doesn't bother much with shares and prefers to play the indices. usually reckons to have found some kind of super system which tells him when to buy and sell. Will be on the bulletin boards making predicitons, most of which are wrong but somehow he persuades himself he is always right. Most people lose playing indices. If Mr Footsie Player tells you he's winning, take the boasts with a pinch of salt.