amonymous (OP)
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November 09, 2019, 06:44:01 AM |
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Firstly thanks to all for reading my topic.
Who has had more success in this crypto market? 1. Traders 2. Investors You you have any skills? From which you have made enough profit or How much amount you loss?? Welcome to share your skills.
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el kaka22
Legendary
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www.Crypto.Games: Multiple coins, multiple games
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November 09, 2019, 07:07:32 AM |
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I have a skill of keeping my nerves down without getting greedy. I am able to hold my bitcoins and few other altcoins even at the peak times of late 2017 and altcoin's peak time of early 2018. I was a trader before entering into crypto space and after analyzing the potential of bitcoins, I have turned as a investor and I just keep my bitcoins earned since 2013.
I must agree there could be lots of traders in crypto space must have been successful due to their skill set whereas I am happy with my holding as an investor. Compared to gamblers, I believe both traders and investors must be doing better job in this crypto space.
No special skill is needed for anyone to become rich in crypto space. Just keep investing into few highly reputed coins and keep them for years to find yourself as millionaire in 5 to 10 years. To save/keep all your cryptos intact, you must have another income stream for living. For example, participate in signature campaign and save all your rewards, that's all. Your earning may be from $30 to $60 per week but after 4/5 years it may look like $3000 to $6000 per week. Yes, 100x growth is likely to happen within next 5 years.
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TanakabZX
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November 09, 2019, 07:11:56 AM |
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Firstly thanks to all for reading my topic.
Who has had more success in this crypto market? 1. Traders 2. Investors You you have any skills? From which you have made enough profit or How much amount you loss?? Welcome to share your skills.
I made my first big buck in Feb 2017, at that time bitcoin was still very cheap and i invested just 500$, i was able to triple that in just few months and i never thought that a better bigger bullrun is around the corner, i did blame myself for removing the profit too quickly and at the same time no one saw it coming, glad i was still able to make something out of it though, its only of the reason i still stick around with crypto today as a big altcoin investor, even after bear market shrinked the hell out of every altcoins i am still holding tight
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TravelMug
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November 09, 2019, 07:13:28 AM |
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Firstly thanks to all for reading my topic.
Who has had more success in this crypto market? 1. Traders 2. Investors You you have any skills? From which you have made enough profit or How much amount you loss?? Welcome to share your skills.
We can't really tell which one has more success though, just consider it 50/50. Been trading here, but I still consider myself a newbie, lost a lot of money early in my journey in early 2017 but towards the end of, made significant amount as well. But I'm not telling numbers though, . And I'm sure no traders or investors are going to be comfortable sharing their success/loss in this crypto sphere.
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watergold
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November 09, 2019, 07:16:42 AM |
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Investors and Traders are equally profitable, some are successful or not, Investors have a long future to hold, we know that there are risks to investors, so we have to be able to do what is best for you. Traders, daily or fixed length traders must have good skills in trading analysis techniques and reading price charts must be able to because it can indicate where the direction will be good. For profit or loss it is relative in each of its users.
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DBronze98
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November 09, 2019, 07:17:31 AM |
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The majority of investors are winning on this crypto market. They are major investors in top alts and bitcoins from 2014 and 2015. Most of them hold and believe in a brighter future. By now they must be much richer than traders. You should know that signals and knowledge about TA or PA are not always true, so traders have little profit compared to what they lose when they start trading.
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Edraket31
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November 09, 2019, 07:20:54 AM |
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Despite the fact that those who earned by holding Bitcoin has become millionaires instantly, but for now I can say that those who are doing day trade or has become experts in trading are the ones earning a lot.
Day trading is really a good thing, good chance to earn money instantly but still it takes a lot of effort,failure and investment, before we become experts, and once we become expert we can do money everyday.
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Furryball
Member
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Merit: 19
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November 09, 2019, 07:25:10 AM |
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I am not very good in trading so my experience are all flawed, but i just start investing in crypto and i don't have any good news to share for now, i belief that now that market price of all altcoins are so low like they will never recover is the best time to start investing so i am just taking my chances
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ajeef
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November 09, 2019, 07:27:33 AM |
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Firstly thanks to all for reading my topic.
Who has had more success in this crypto market? 1. Traders 2. Investors You you have any skills? From which you have made enough profit or How much amount you loss?? Welcome to share your skills.
I think my choice will fall to investors due to a sure profits because the crypto market is growing in 5 years interval. So, if the investors are invested 5 years ago they must be a rich person right now due to growth of cryptocurrency price is so crazy. While the traders are aiming for quick profits and sometimes cannot predict a huge bull run and sometimes also got trapped in a price crashed. Except he's a really good trader or a whale sho can control market price. I'm sure they are same success as the investors if the capital is high and can control the market.
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tenakha
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November 09, 2019, 07:37:34 AM |
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Firstly thanks to all for reading my topic.
Who has had more success in this crypto market? 1. Traders 2. Investors
Anyone who expects to make a profit here is an investor. The investment is not only money, but also the time spent by bounty hunters, also it is the energy consumed by miners. I think there are some impropriety. You have any skills? From which you have made enough profit or How much amount you loss?? Welcome to share your skills.
I do not have a special talent, but I am essentially engaged in trade. And try to add money to my portfolio with bounty. If you ask for this year, BTC itself was enough. This year the price increased by almost 4x.
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Wysi
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November 09, 2019, 07:45:07 AM |
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Firstly thanks to all for reading my topic.
Who has had more success in this crypto market? 1. Traders 2. Investors You you have any skills? From which you have made enough profit or How much amount you loss?? Welcome to share your skills.
In my opinion early investors had more success in the market compared to later entries because those who has invested before mid 2017 have enjoyed a great share of profit where those who have at the end of 2017 and the year 2018 are doomed as they are yet to reach the break even mark for their investment. Traders as usual it depends on their skills which makes them successful or not but I feel early investors gained more than traders.
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Christinebeauty
Copper Member
Jr. Member
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Activity: 420
Merit: 2
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November 09, 2019, 08:08:47 AM |
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No special skill is needed for anyone to become rich in crypto space. Just keep investing into few highly reputed coins and keep them for years to find yourself as millionaire in 5 to 10 years. To save/keep all your cryptos intact, you must have another income stream for living. For example, participate in signature campaign and save all your rewards, that's all. Your earning may be from $30 to $60 per week but after 4/5 years it may look like $3000 to $6000 per week. Yes, 100x growth is likely to happen within next 5 years.
I have really learnt a lot from your advice. You nailed it by advising us to have extra stream of income aside crypto. I've been doing that and it is really helping me. I'm not tempted to do panic selling because I've no intentions of selling any time soon since I've extra sources of income
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Novatech8
Member
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Activity: 700
Merit: 27
Sovryn - Brings DeFi to Bitcoin
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November 09, 2019, 08:20:40 AM |
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The first time i entered into crypto invest i made few wrong choices like trying out trading without actually learning the strategy first, i even blindly went into crypto mining instead of investing the money on bitcoin, till date i have no good news to share about crypto but i do make few hundred bucks from airdrops
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Wintersoldier
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November 09, 2019, 08:23:48 AM |
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I'll answer the first question, the entity that benefited the most in cryptocurrenciy space are the investors. Though we can consider traders as investors as well, as they accumulate more volume of crypto. Investors are those who risk their assets, in return, bigger risk results into bigger income.
For the second questions, I am in e-commerece where I sell prepaid loads for cryptocurrency such as bitcoin and ethereum. Its all fully long distance that it doesn't require that much time for each transactions.
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jootn2kx
Full Member
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Merit: 101
Estimated.Pro - Crypto Signals. Free.
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November 09, 2019, 08:32:39 AM |
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Firstly thanks to all for reading my topic.
Who has had more success in this crypto market? 1. Traders 2. Investors You you have any skills? From which you have made enough profit or How much amount you loss?? Welcome to share your skills.
I don't expect anyone will be able to give a definitive answer to that. Both investors and traders make a profit in their own way, and can't really be compared in the same way two traders or two investors could be compared to one another. Sure, an investor can make a few thousand $ by holding a coin for a year. However, a capable trader will make the same amount, only in portions, instead of hodling.
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Herbert2020
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Merit: 1137
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November 09, 2019, 08:34:43 AM |
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Who has had more success in this crypto market? 1. Traders 2. Investors
it mainly depends on the person and how much experience they have in riding the market's ups and downs and when it comes to altcoins the knowledge of how to deal with manipulation pump and dumps. but an altcoin trader has a huge advantage over an altcoin investors because an investor entails a long term holding of that altcoin and since altcoins have always performed poorly in long term they will always be in a loss while a trader who is only getting involved with altcoins for a short period of time has a much higher chance of making profit and getting out before it is too late.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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Beparanf
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November 09, 2019, 08:45:08 AM |
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Despite the fact that those who earned by holding Bitcoin has become millionaires instantly, but for now I can say that those who are doing day trade or has become experts in trading are the ones earning a lot.
Day trading is really a good thing, good chance to earn money instantly but still it takes a lot of effort,failure and investment, before we become experts, and once we become expert we can do money everyday.
I prefer day trading too as sometimes I was able to earn more than my salary. The way to earn in day trading is not to be greedy, to take chance of that alt increase and considers the news why those alt increases or decline in price. It may take our time but it's good a try especially if were able to trade. If prefer to invest only then make sure that alt have a working product or better hodl bitcoin if fine with waiting for another pump.
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inanilujimi
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November 09, 2019, 08:47:31 AM |
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investors and traders are equally good in this market because of these factors that make this market come alive. irrespective which is good between the two depends on the expertise of each, I personally prefer trading because it is faster to get results even though not as much as investors.
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samuraijin
Sr. Member
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Merit: 261
Vave.com - Crypto Casino
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November 09, 2019, 09:08:57 AM |
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Firstly thanks to all for reading my topic.
Who has had more success in this crypto market? 1. Traders 2. Investors You you have any skills? From which you have made enough profit or How much amount you loss?? Welcome to share your skills.
traders can be investors and investors can also become traders, so in my opinion they have the same benefits and risks, so to say which is more successful is not there, I have never experienced a large profit in the crypto market, but if asked for losses big, I've lost around thousands of dollars because of necessity, in fact we will never lose being a trader it's just a necessity that forces us to sell losses, the point is don't we ever enter the crypto market without experience and moreover we are just an unemployed person who doesn't have a permanent job
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DaMut
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November 09, 2019, 09:35:25 AM |
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Firstly thanks to all for reading my topic.
Who has had more success in this crypto market? 1. Traders 2. Investors You you have any skills? From which you have made enough profit or How much amount you loss?? Welcome to share your skills.
In the early time, Investors were more successful. because they were holding their cryptocurrency while traders were making a lot of trades and getting a small profit from the uptrend while investors were multiplying their investment. But right now they are changing their position, Traders are more successful because they have a chance to get profit while investors are likely to lose their investment because of heavy market. I made a profit from my investment right now, not much but it is steady. I do not do the trade that much right now because I prefer to hold it for my future. The market is very unpredictable and it is very likely for me to lose my capital instead of gaining something from this market.
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