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Author Topic: What kind type of market player you are?  (Read 793 times)
macson (OP)
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July 22, 2021, 06:43:08 PM
Last edit: June 06, 2023, 07:27:02 PM by macson
 #1

Robert kiyosaki said on his youtube channel (The Rich Dad Channel)

"this is real financial education, what they don't teach you in school...so there's three kinds of people in the world when it comes to money, there's an investor, a trader, and a speculator"


- INVESTOR = an investor puts capital to use for long-term profit.
- TRADER = a trader seeks to make short-term profits by buying and selling over and over again.
- SPECULATOR = a speculator just gambles and hopes that other parties will dare to pay higher his/her tokens or coins later.

i'm an investor, not very trading savvy, just buy Bitcoin and some Altcoins for long-term.  How about you friend?




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July 22, 2021, 07:18:04 PM
 #2

Robert kiyosaki said on his youtube channel (The Rich Dad Channel)

"this is real financial education, what they don't teach you in school...so there's three kinds of people in the world when it comes to money, there's an investor, a trader, and a speculator"


- INVESTOR = an investor puts capital to use for long-term profit.
- TRADER = a trader seeks to make short-term profits by buying and selling over and over again.
- SPECULATOR = a speculator just gambles and hopes that other parties will dare to pay higher his/her tokens or coins later.

i'm an investor, not very trading savvy, just buy Bitcoin and some Altcoins for long-term.  How about you friend?




Normally a person who enters the market enters as a trader/ speculato with hot blood and high hopes thinking that he can defeat the market. Such a person makes huge profits in the bull run and thinks that he is imminent and there is no better trader than him but then there is a bear run in which he loses almost everything he earned during the bull run and decides to become an Investor or a long term Investor, then comes the bull run again and the same cycle gets repeated again. I think 70% of people here would agree that once in their life they have been this kind of a person.
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July 22, 2021, 07:55:38 PM
 #3

Classifying into 3 types, I think you missed how investors can become traders and can become speculators. When these points are intertwined with each other. Classifying and separating will do nothing. In cryptocurrency, you have to be all that is needed. because one field is not enough. Need to be anyone and you'll have a more rewarding level of mastery.

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July 22, 2021, 09:33:40 PM
 #4

I’d categorize myself as an investor as well. Trading isn't really my thing. I know people can make decent money out of it, might be even more profitable and guaranteed than long-term investment, and the return is faster, but I assume one has to spend a large amount of time on it to actually make something out of it, whereas investment only requires to analyze the situation once (before making an investment), accurately distribute your funds among the best candidates, and then just wait patiently.
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July 22, 2021, 09:41:47 PM
 #5

I'm not only an investor but also a bit of a trader. I usually make long-term investments but sometimes I prefer short-term ones also. And I make the short-term investments with altcoins rather than Bitcoin. Because I don't think that Bitcoin is very ideal for that.

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July 22, 2021, 10:15:32 PM
 #6



i'm an investor, not very trading savvy, just buy Bitcoin and some Altcoins for long-term.  How about you friend?


The investor, trader and speculator are same IMO. Before you become investor you must speculate price direction which could be a reason to invest. Also, when you buy and hodl, you are also investing. Although for a trader, it should be faster turn over rather than a hodl who intends to hodl for long but I consider both and the three as both doing same thing. Therefore, I practice them but  investing is substitute for trading.

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July 22, 2021, 10:28:32 PM
 #7


- INVESTOR = an investor puts capital to use for long-term profit.
- TRADER = a trader seeks to make short-term profits by buying and selling over and over again.


Im both investor and trader.I do love to see short term profits and do save out those profits for long term ones which would really be giving out that advantage even though this do really
require lots of work and time and of course money but it would really be worth of if you do really know on what you are doing.It doesnt matter whether which one of those things
as long you do earn profits then that what matter the most and since people does have different situations or status in life in terms of money and time then decisions
will vary into each person.
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July 22, 2021, 10:53:34 PM
 #8

I am more an investor. A lil bit of trader and sometimes an speculator. When I believe in a project, I hold it for years and accumulating more and more while if I see a general trend which is good to trade, I somehow earn from it within months. I love seeing my small profits and cashing out it but still future purposes is far more important. Dividing your portfolio is a must.
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July 22, 2021, 10:56:48 PM
 #9

I think speculator is the entry level position everyone starts in. As they gain knowledge and experience to level up. They branch off into becoming an investor or trader, if not a hybrid of both.

These descriptions don't fully apply to cryptocurrency finance, FOREX or precious metals. Even stock trading conforms less to these descriptions than they once did. Due to market price trends being defined more by QE than by basic market mechanics. When QE is responsible for upwards 90% of price trends, everyone in a sense, becomes a speculator. Gamestop and doge pumps coupled with the randomness of price trend timing on Elon Musk social media posts illustrate this to a degree.

Speculation is probably a broader term than most realize. Even precious metals and commodities are not free of it.
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July 22, 2021, 11:16:16 PM
 #10

I am more on an investor but I think everyone starts with the term as a speculator before you can call them like investors or traders. Everyone starts with the very low level if they don't have a vast experience and knowledge yet. And then you can see most of them turn to traders but most of them turn to investors or holder for a long term plan.

I believe that speculator is the first level then investors is the second trader is the third due its complexity of how to gain profit in my opinion.

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July 23, 2021, 06:25:51 AM
 #11

I am more of a mix of investor and speculator because I gamble a percentage of my capital by putting them in risky and new coins hoping that they will yield some sort of money. So far, it's doing good speculating because I made a decent money out of it vut I don't want that wins get over my head and risk an all in.

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July 23, 2021, 03:12:06 PM
 #12

I am more on an investor but I think everyone starts with the term as a speculator before you can call them like investors or traders. Everyone starts with the very low level if they don't have a vast experience and knowledge yet. And then you can see most of them turn to traders but most of them turn to investors or holder for a long term plan.

I believe that speculator is the first level then investors is the second trader is the third due its complexity of how to gain profit in my opinion.

In fact, I can't even tell where my current position is, long-term investors are not very sufficient with current funds, as a trader of course knowledge in analyzing price movements and mastery of TA are still minimal, and as a gambler it's not a good habit for now. Moreover, the pandemic has made me to save more than before in order to survive in conditions that are enough to rob the management of the economy.

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July 23, 2021, 03:18:49 PM
 #13

I prefer to be an investor for conditions like now and take advantage of Bitcoin corrections at any price. no matter what percentage drop I will take it. and it has been proven that until now I will choose this path as a way to support the long term and take profits in the future.

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July 23, 2021, 03:38:58 PM
 #14

Robert kiyosaki said on his youtube channel (The Rich Dad Channel)

"this is real financial education, what they don't teach you in school...so there's three kinds of people in the world when it comes to money, there's an investor, a trader, and a speculator"


- INVESTOR = an investor puts capital to use for long-term profit.
- TRADER = a trader seeks to make short-term profits by buying and selling over and over again.
- SPECULATOR = a speculator just gambles and hopes that other parties will dare to pay higher his/her tokens or coins later.

i'm an investor, not very trading savvy, just buy Bitcoin and some Altcoins for long-term.  How about you friend?





I think that three types you mentioned is just one because a trader is also an investor(short term investor) and also a speculator. Trader always speculate the price movement of a coin based on the graph and price indicator in the market while making a buy and sell. Investors are classified into two: Long term and short term investor.

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July 23, 2021, 04:00:57 PM
 #15

I would say that I am investor for the last couple of years. I started as trader/speculator as many other newbies, but luckily I realized that I was terrible at that so instead focused on the long term, which worked like a charm for now,so no point changing the approach.

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July 23, 2021, 04:04:14 PM
 #16

Robert kiyosaki said on his youtube channel (The Rich Dad Channel)

"this is real financial education, what they don't teach you in school...so there's three kinds of people in the world when it comes to money, there's an investor, a trader, and a speculator"


- INVESTOR = an investor puts capital to use for long-term profit.
- TRADER = a trader seeks to make short-term profits by buying and selling over and over again.
- SPECULATOR = a speculator just gambles and hopes that other parties will dare to pay higher his/her tokens or coins later.

i'm an investor, not very trading savvy, just buy Bitcoin and some Altcoins for long-term.  How about you friend?




So, what do you call those who profit from price prediction without taking big risk (or gambling)? I think typical trading on regular exchanges mostly involves price predictions.... Traders buy and set a price target they hope a coin will hit in the future to sell and make profit. That is predicting/betting on price. Taking big betting risk would be considered gambling. I actually prefer investing and the typical price prediction
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July 23, 2021, 04:30:21 PM
 #17

I am a person who likes to invest and hold long term, sometimes I also have a short-term trading business but very rarely I enter that type of business. because in my opinion I feel slow but sure.

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July 23, 2021, 04:46:49 PM
 #18

I am the 2nd type you listed, because I like to take risks, I usually buy low and sell high, but of course I win a lot, as a trader you should have your target limit, not too greedy and not afraid. when the market is heavily bearish.

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July 23, 2021, 07:24:11 PM
 #19

Robert kiyosaki said on his youtube channel (The Rich Dad Channel)

"this is real financial education, what they don't teach you in school...so there's three kinds of people in the world when it comes to money, there's an investor, a trader, and a speculator"


- INVESTOR = an investor puts capital to use for long-term profit.
- TRADER = a trader seeks to make short-term profits by buying and selling over and over again.
- SPECULATOR = a speculator just gambles and hopes that other parties will dare to pay higher his/her tokens or coins later.

i'm an investor, not very trading savvy, just buy Bitcoin and some Altcoins for long-term.  How about you friend?





As per what you mentioned above, I am a trader. I have invested in few coins. I have split my investment into all these five coins. I move from one to other. But obviously traders do wait for market to correct itself. A part of amount is kept idle without investing in any of the coins. This part of amount will be used to average and get out of lose. Those who trade really knows what I meant here.

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goaldigger
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July 23, 2021, 07:54:08 PM
 #20

I do invest and trade most of the time because I can’t afford to miss some opportunities here in the market especially if there’s a hype on some project so I have to trade with it and be active to make some profit.

Being investor for long term is quiet boring seriously but holding a good coins is always a good decision. Whatever you are doing right now as long as you are consistent on making money that’s a good strategy, just be consistent.

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