There are three kinds of people in the Bitcoin world

[Caldear]

There are three kinds of people in the Bitcoin world, idealists, opportunists and faithists.

• Idealist
  Many early Bitcoin participants were mostly idealists, and they hoped to get a lot of benefits through Bitcoin. But many idealists have not persisted until now. After holding the currency for a period of time, they have not seen more benefits in the currency circle. They chose to withdraw due to their own greed.
• opportunist
  They prefer the volatility of Bitcoin prices and find opportunities to buy Bitcoin at low prices by analyzing market price fluctuations. When they see a opportunity in the market, they want to realize the freedom of wealth quickly
• Faithist
  They stick to their beliefs, believe in Bitcoin, and as long as they buy Bitcoin, they are willing to bear its risk. When the price of Bitcoin falls, they will not panic the market and choose to sell, but think it is a good opportunity to buy at a low price.

I think there are more Bitcoin opportunists in the forum. What is your opinion on this? Which one do you think you are?

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[cryptomaniac_xxx]

I don't know what category will fall but we have what we call,

Bitcoin Maximalist - bitcoin enthusiast who believes that we should only have one crypto and that is BTC. Those are hardcore believers and according to them, all other crypto like altcoins are but inferior.

[Bttzed03]

There are three kinds of people in the Bitcoin world, idealists, opportunists and faithists.

Based on the definition of each people, you just changed the names for investors (short), traders/speculators, hodlers. Mind you that these groups doesn't exist only in bitcoin but also on altcoins and other financial markets.

Bitcoin Maximalist

I prefer to call them purists.

[mk4]

Most people aren't binary, whereas just because someone is a hardcore Bitcoiner doesn't automatically mean that he/she will just automatically shun out and ignore other non-Bitcoin projects. And I see myself to be in this category; a Bitcoin mostlymalist!

[20kevin20]

Bitcoin Maximalist - bitcoin enthusiast who believes that we should only have one crypto and that is BTC. Those are hardcore believers and according to them, all other crypto like altcoins are but inferior.

Wasn't the "maximalist" defined as those who don't want any kind of change in the Bitcoin network and who think Bitcoin is only good as long as Satoshi's fundamental ideas remain completely unchanged? I've seen those kind of people referred to as "maximalists" around here back when SegWit was hyped up while they were against it

[NeuroticFish]

• Idealist
• Faithist

I somehow think that idealist and faithist are rather similar concepts.

Bitcoin Maximalist

I prefer to call them purists.

Not all bitcoin maximalists are purists. Some are maximalists simply because they don't find the altcoins appealing for them (and frankly, most altcoins' price evolution was disappointing).


All in all, OP classification is incomplete; there are many ways to see/classify the people vs bitcoin.

I think there are more Bitcoin opportunists in the forum. What is your opinion on this?

There were many waves of people coming here only to earn some easy money. Are they bitcoin opportunists? No, because most of them are not even bitcoiners.

Which one do you think you are?

I could say that I'm kind of "a bit of everything" (although not literally). I am not a purist, but I dislike most of the altcoins; I am not maximalist, but not too far from that; I do believe in Bitcoin future and I HODL some; and I'm an opportunist too, since I don't say no for a quick buck.

[YOSHIE]

Which one do you think you are?

I don't know if those three elements fall into my category or not.

However, I've looked and people involved in Bitcoin say something more interesting.
Maybe you need to look again: Four types of people you’ll meet at the bitcoin market, this one looks more accurate.

[davis196]

I differentiate only two categories of Bitcoin users:

1.People who believe that Bitcoin and blockchain technology is the future and after X amount of years,Bitcoin will dominate the world of finance.You can call them Bitcoin maximalists.

2.People who view Bitcoin as a way to make "easy" money(by trading or HODLing),so they are into the BTC community only for the money and nothing else.
They don't care about blockchain technology,hashrate,Segwit,Taproot,sidechain projects like Lightning Network or cryptography.
They only care about the BTC price,making money and that's it.
I don't know how to call them.Maybe "greedy traders" is a good name.

[Obito]

There's another kind of personality in bitcoin world and that is a combination of the three that you've listed, meaning that that person is smart and practical in terms of his/her investment. That person believes in the potential of the market but is also smart enough to get those opportunity whenever it presents.

[nelson4lov]

Most people aren't binary, whereas just because someone is a hardcore Bitcoiner doesn't automatically mean that he/she will just automatically shun out and ignore other non-Bitcoin projects. And I see myself to be in this category; a Bitcoin mostlymalist!

It just depends or the individual whether they're only big on Bitcoin, big on both altcoins and bitcoin (with Bitcoin being the primary asset choice) or they might have same level of interest across all crypto projects. For instance, I'm big on bitcoin and a few high cap altcoins (won't mention name) and you're on mostly bitcoin with some interest in other projects. Another person might just don't like bitcoin but is totally in on altcoin projects.

This is because as humans, we're all different and there's enough more categories than OP or other community members have commented about.

[bitterguy28]

• Faithist
  They stick to their beliefs, believe in Bitcoin, and as long as they buy Bitcoin, they are willing to bear its risk. When the price of Bitcoin falls, they will not panic the market and choose to sell, but think it is a good opportunity to buy at a low price.

I think there are more Bitcoin opportunists in the forum. What is your opinion on this? Which one do you think you are?

Then this must be me?

Now i know what to call myself in crypto Faithlist .

But ic an considerably called this as HOLDER instead because the willingness to remain in investing even the market is falling is showing how i can hold for long term basis.

[SFR10]

After holding the currency for a period of time, they have not seen more benefits in the currency circle. They chose to withdraw due to their own greed.

Then they belong to the "opportunist" category instead.

I think there are more Bitcoin opportunists in the forum. What is your opinion on this?

Opportunists, "yes" but I wouldn't attach BTCitcoin to them.

Which one do you think you are?

From the categories that you've named, I'd identify myself as an idealist ^{[when it comes to its benefits, most users aren't under enough pressure to see or feel everything and as a result, they tend to take it for granted]}.

[marilynmanson21]

maybe I belong to the idealist and opportunist group you mentioned
where sometimes my greed comes out of my instincts, wants to get big profits by buying cheap and selling at high prices (housewife principle)
Now for the Faithist group, it's far from me where I easily panic when I see the market starting to move down

[glendall]

I belong to the opportunist type where I always buy coins at low prices and sell when the price goes up, for example in a percentage of 75% of my purchase value, and I am grateful that I have felt financial freedom from trading results.

[marine4u]

I think there are more Bitcoin opportunists in the forum. What is your opinion on this? Which one do you think you are?

In my opinion, the classification of people is not the same as the classification of objects, it does not carry meaning by consistency. I mean, people are very intelligent, they can combine the qualities, characteristics, reason, timing to create harmony, similarity,... personally I am still looking for a harmony. between idealism and opportunism. Actively and creatively changing between characteristics and personality is a key to success.
I'm not a conservative in my life, work and investing.

[AicecreaME]

There are three kinds of people in the Bitcoin world, idealists, opportunists and faithists.

• Idealist
  Many early Bitcoin participants were mostly idealists, and they hoped to get a lot of benefits through Bitcoin. But many idealists have not persisted until now. After holding the currency for a period of time, they have not seen more benefits in the currency circle. They chose to withdraw due to their own greed.
• opportunist
  They prefer the volatility of Bitcoin prices and find opportunities to buy Bitcoin at low prices by analyzing market price fluctuations. When they see a opportunity in the market, they want to realize the freedom of wealth quickly
• Faithist
  They stick to their beliefs, believe in Bitcoin, and as long as they buy Bitcoin, they are willing to bear its risk. When the price of Bitcoin falls, they will not panic the market and choose to sell, but think it is a good opportunity to buy at a low price.

I think there are more Bitcoin opportunists in the forum. What is your opinion on this? Which one do you think you are?

Actually, there are official terms used for the different kinds of people there are in the cryptocurrency community. In fact, it is used in different platforms as well whereas investments and trading are a thing. Short-term investor, long-term investor, trader, speculator, and scalper; these are commonly the groups of people residing in an investment platform. They have different goals like what you stated. Some are in it for the long term, some are in it for the short term and they just do whatever they want to do with their funds. They would either, hold or trade depending on their needs. There is also a combination of two or more personalities. I guess it's more of the mixed personality side because there are certain circumstances we have and want to do different techniques to make our money grow.

[Dave1]

So might as well add:

(a) perma-bull - always have bullish outlook of the bitcoin market
(b) perma-bear - always negative on the direction of the bitcoin market

as far as opportunist goes, it applies to all, everyone always look to buy cheap bitcoins.

I think faithish or idealist is the same.

[Reid]

I think I am on the mix of Faithist and Opportunist. Actually, as you defined it they are almost the same.
Faithist will also try to take the opportunity to buy more when the price is in the range of their target.
The only difference is the former one will keep it while the latter will sell it.

I have nothing against any beliefs or whatever they are called, if we are all the same then we may never find a volatile market anymore. I guess that proves we are still free.

[Renampun]

...

from what you said, it looks like I'm at number 3...

I am currently a BTC holder, I have not traded in the last few months and still believe that the price of BTC will increase. Besides that, being a holder makes me more relaxed in carrying out my other activities such as taking care of children.

[haidil]

technically a genuine idealist in fact they will still be here because if we look at the idealist sense itself is a person who acts based on unique empirical experience, thoughts, and high ideals to achieve maximum results. from here they should have understood that from previous experience and seeing from year to year bitcoin has always increased quite well and it is impossible to leave bitcoin that easily if they are a true idealist.
other than that I prefer to classify people who are opportunist as rationalists. because basically everyone also wants the same thing and is looking for opportunities to buy bitcoin at a low price and sell at a higher price.

[CoolerSid]

Opportunist the best choice of the three in nature. It is the skill of situational awareness that gives an advantage in the cryptocurrency market.

[MrcMrc]

What about those that think and take bitcoin as a get-rich-quick scheme this set of people never border to take the time to study and understand bitcoin and its fundamentals all they care about is making quick bulk.

Am a kind of an idealist in class because I already understand the nitty-gritty and risk involved in Bitcoin and this helps build my capacity to hold no matter the market conditions.

[Fesatmas]

• Idealist
  Many early Bitcoin participants were mostly idealists, and they hoped to get a lot of benefits through Bitcoin. But many idealists have not persisted until now. After holding the currency for a period of time, they have not seen more benefits in the currency circle. They chose to withdraw due to their own greed.

We can't make the 3 categories represent us who only rely on fixed principles, sometimes idealism will become an obstacle to luck, but to be disciplined as an idealist you need to collect sources and not be influenced by assumptions that come to mind logically. it's all about the rules.

[maju69]

In this world? Have you done various research so that you are able to draw fairly simple conclusions with only 3 groups. Maybe you forgot a lot of elements that must be added. How someone who is more practical can be categorized into one of the types you have written.

[DOH!]

I am a pragmatist, not fond of thrills or art.  It is just fiction.  We have to identify profit maximization, capitalize it and place it at better opportunity.  Perhaps, I am a realist with opportunism.  Lol, in a match, whichever side has a better chance, they win.  Taking even the smallest chance, that's how I try to keep my stacks intact for the advantage.

[mk4]

Opportunist the best choice of the three in nature. It is the skill of situational awareness that gives an advantage in the cryptocurrency market.

If you're going with OP's definition of "Opportunist", then no. The description was basically a trader, whereas as we all know, only a minuscule number of traders actually end up making money in the end.

[epis11]

Why do you call it opportunist?  to me this word is not appropriate to a person who wants to buy at low prices and holding for a long term best word the describe is "wise" yeah since buying and patiently waiting for the btc price to drop is not easy you need patience thats a wise investor do wait for the right time to buy.  

[ILuckyGuyI]

I'm an opportunist rather than the other ones. I usually look for the opportunities to buy or sell. When I see the dip, I don't want to miss the chance of accumulating more. And when I reach my price goal, I sell some of my profits.

[Shasha80]

If I have to choose between the three types mentioned by the OP, I feel Faithist is the closest I have done so far. Because after learning a lot about
Bitcoin, I started to believe Bitcoin has a bright future, so I always buy more Bitcoin if the price goes down like it is now. And never panic and worry
when Bitcoin price falls, because I believe the price of Bitcoin will always recover again, why sell Bitcoin at a low price.

[BIT-BENDER]

I don't think I would call the those who buys and hold bitcoin what you called them in your third kind of people, I think those who buys alt-coins or those who are into airdrops or Ponzi schemes are those that research by fate, not those who hold bitcoin. There are two kind of people that I think of in bitcoin.
+ The bitcoin excited
+. The bitcoin money excited.
The later are the investors, the traders and more that are in bitcoin for long or short term investment, while the former are those that are excited about bitcoin generally.

[Oceat]

Is it wrong to say faithist is just like opportunitist since once a faithist saw a chance to buy during dip they will going to buy or it really just belong to opportunitist?

I can't say I'm a Bitcoin maximalist since I also support/invest the other crypto currency rather than Bitcoin itself. So I would say I belong to the hybrid part that has something from each of these three.

[DarkIT]

There are three kinds of people in the Bitcoin world, idealists, opportunists and faithists.

• Idealist
  Many early Bitcoin participants were mostly idealists, and they hoped to get a lot of benefits through Bitcoin. But many idealists have not persisted until now. After holding the currency for a period of time, they have not seen more benefits in the currency circle. They chose to withdraw due to their own greed.
• opportunist
  They prefer the volatility of Bitcoin prices and find opportunities to buy Bitcoin at low prices by analyzing market price fluctuations. When they see a opportunity in the market, they want to realize the freedom of wealth quickly
• Faithist
  They stick to their beliefs, believe in Bitcoin, and as long as they buy Bitcoin, they are willing to bear its risk. When the price of Bitcoin falls, they will not panic the market and choose to sell, but think it is a good opportunity to buy at a low price.

I think there are more Bitcoin opportunists in the forum. What is your opinion on this? Which one do you think you are?

It's common in all the trading platform.Which includes the stock market also.Because the mentioned was a ideology of the people.So it will be the same in all investments platform.Holding plays a vital role in the investment.But how much time period is important one.If you hold for the longest period,you may be the loser.

[teosanru]

There are three kinds of people in the Bitcoin world, idealists, opportunists and faithists.

• Idealist
  Many early Bitcoin participants were mostly idealists, and they hoped to get a lot of benefits through Bitcoin. But many idealists have not persisted until now. After holding the currency for a period of time, they have not seen more benefits in the currency circle. They chose to withdraw due to their own greed.
• opportunist
  They prefer the volatility of Bitcoin prices and find opportunities to buy Bitcoin at low prices by analyzing market price fluctuations. When they see a opportunity in the market, they want to realize the freedom of wealth quickly
• Faithist
  They stick to their beliefs, believe in Bitcoin, and as long as they buy Bitcoin, they are willing to bear its risk. When the price of Bitcoin falls, they will not panic the market and choose to sell, but think it is a good opportunity to buy at a low price.

I think there are more Bitcoin opportunists in the forum. What is your opinion on this? Which one do you think you are?

There are not only more bitcoin opportunists on the forum but more opportunists in the world too. In every type of market and sector, you will find such sort of people and I don't really blame them for behaving in such a manner in fact they are just acting in their best interests. Many people think opportunists are evil but actually, it's the only way to survive against the big whales of the market who too behave in such a manner only. Faithist, on the other hand, suffer but sometimes earn too, for example, a faithist who believes in bitcoin or some utility coin will surely strive but a faithist who believes Shiba Inu is the coin of the future is actually digging his own grave. Blind faith is always a bad thing.

[milewilda]

There are three kinds of people in the Bitcoin world, idealists, opportunists and faithists.

• Idealist
  Many early Bitcoin participants were mostly idealists, and they hoped to get a lot of benefits through Bitcoin. But many idealists have not persisted until now. After holding the currency for a period of time, they have not seen more benefits in the currency circle. They chose to withdraw due to their own greed.
• opportunist
  They prefer the volatility of Bitcoin prices and find opportunities to buy Bitcoin at low prices by analyzing market price fluctuations. When they see a opportunity in the market, they want to realize the freedom of wealth quickly
• Faithist
  They stick to their beliefs, believe in Bitcoin, and as long as they buy Bitcoin, they are willing to bear its risk. When the price of Bitcoin falls, they will not panic the market and choose to sell, but think it is a good opportunity to buy at a low price.

I think there are more Bitcoin opportunists in the forum. What is your opinion on this? Which one do you think you are?

Opportunist i would say most of the time and for sure majority of people here are really doing the same thing.It wouldnt matter neither which one you  are into those 3 kinds because there would be always one motive.
which is to make money or which to make profit out of our investment and no matter which one you do believe and perceive on then outcome will really be still random because market is way too unpredictable.
Im an opportunist since i do really buy and sell bitcoin actively or even holding which is particularly showing of the characteristic of a Faithist.Honestly, you can really combine these 3 towards your goal in bitcoin.
This might not really be that much important to discuss on because people do share up with the common goal which is to make money.

[dothebeats]

I can be considered as a faithist. I've been with bitcoin for almost 7 years and saw its ups and downs, and bought some of it regardless of the price. Almost lost a good amount of money during the 2018 crash, but still held on and made some substantial gains just by believing on what bitcoin can still achieve. Up until now I still hold some bitcoins for my self and trying to buy whenever my budget permits. It has become a routine for me to buy every month with whatever extra money I have and just hold on it again.

[pinggoki]

A lot of us won't fall into one of these categories but a conglomeration of both. For example a good friend of mine is a purist and believes that when bitcoin dies this industry will die as well along with it. Although his case is quite unprovable at this moment we can safely assume that he is correct, but at the same time he is also an optimist who sees every dump as an opportunity to buy more and hold, yet every now and then when the need calls for it he withdraws his bitcoins for personal consumption. This goes to show that not only is the real world a delicious shade of grey and not black and white as some people would like to assume it is, but this goes for the cryptocurrency world as well.

I can be considered as a faithist. I've been with bitcoin for almost 7 years and saw its ups and downs, and bought some of it regardless of the price. Almost lost a good amount of money during the 2018 crash, but still held on and made some substantial gains just by believing on what bitcoin can still achieve. Up until now I still hold some bitcoins for my self and trying to buy whenever my budget permits. It has become a routine for me to buy every month with whatever extra money I have and just hold on it again.

A majority of us who have been here for more than 3 years can be considered faithists since it takes a lot of patience and mental fortitude for you to not fall prey from the  FUD and the hate that bitcoin receives for breakfast. Not to mention the fact that the price is volatile so we can't really say for sure when we will receive a good jump and when we will receive a price dump. Still, up to this day bitcoin had rewarded its most loyal believers quite dearly, which is why the faithists are the ones who usually win big when it comes to bitcoin.

[boyptc]

There should be some other kinds and I don't know where I'm going to be categorized.

What if someone possess all of those qualities? But maybe as a faithist, when the market goes with the drop, I'm no longer that guy before that panics whenever I see it.

[Ryker1]

Well, you can really combine those three mentioned by the OP if you want, --there is nothing wrong if you will sell your bitcoin once you see that there is already a profit and cash out some of them. The opportunist will perhaps commonly be here because they can able wait for the right time of buying bitcoin and the right time selling bitcoin for profit. But I do not easily get panic at all, I know how to hold much longer time and aim for a better profit that could potentially sell when there is an opportunity. No matter what it is, at least we are very oriented well here.

[verita1]

I have practiced the three types of people you describe based on my bitcoin preference.
My choice is holding bitcoin for a long time. Although I own some altcoins, I need bitcoin in my portfolio because I want to know its future as an idealist.

The entire crypto market needs bitcoin based on the experience that we have lived through, despite its volatility, it is the most supported digital asset in the world.
Bitcoin since its inception has changed history and the most prominent statesmen follow its course stealthily.

[Hypnosis00]

There should be some other kinds and I don't know where I'm going to be categorized.

What if someone possess all of those qualities? But maybe as a faithist, when the market goes with the drop, I'm no longer that guy before that panics whenever I see it.

Agree with that, everyone has the reason why they come here and it was their choice, but I think that we are all considered as an opportunist.In fact, we have thought that Bitcoin seems to be our opportunity to have a better living and that is why people are coming. But the question about faith and being an idealist is not what I see. Yeah, many just lost their faith once the market declines and turn their mindset into negative.

[Boov]

There should be some other kinds and I don't know where I'm going to be categorized.

What if someone possess all of those qualities? But maybe as a faithist, when the market goes with the drop, I'm no longer that guy before that panics whenever I see it.

Agree with that, everyone has the reason why they come here and it was their choice, but I think that we are all considered as an opportunist.In fact, we have thought that Bitcoin seems to be our opportunity to have a better living and that is why people are coming. But the question about faith and being an idealist is not what I see. Yeah, many just lost their faith once the market declines and turn their mindset into negative.

Losing faith against what other said is not idealistic, because only based on whay you hear and see. Not really a mindset that came from your own perspectives, knowledge and skills in trading. Same with my first time of crypto, my aggressiveness put me into regrets by those days that spending btc just to have fiat cash without knowing btc will come to this point that it became so expensive. Most probably, I do have an attitude of those three kinds of people in btc world.

[gabbie2010]

There are three kinds of people in the Bitcoin world, idealists, opportunists and faithists.

• Idealist
  Many early Bitcoin participants were mostly idealists, and they hoped to get a lot of benefits through Bitcoin. But many idealists have not persisted until now. After holding the currency for a period of time, they have not seen more benefits in the currency circle. They chose to withdraw due to their own greed.
• opportunist
  They prefer the volatility of Bitcoin prices and find opportunities to buy Bitcoin at low prices by analyzing market price fluctuations. When they see a opportunity in the market, they want to realize the freedom of wealth quickly
• Faithist
  They stick to their beliefs, believe in Bitcoin, and as long as they buy Bitcoin, they are willing to bear its risk. When the price of Bitcoin falls, they will not panic the market and choose to sell, but think it is a good opportunity to buy at a low price.

I think there are more Bitcoin opportunists in the forum. What is your opinion on this? Which one do you think you are?

I Joined the bitcoin train late thus I am not an early participant how I wish I to become an Idealist unfortunately it isn't possible now, I think I fitted into No 2, I am always involved in buying low and selling high using my TA ability and price action with the aid of candlestick patterns to guide me on taking trading decisions appropriately with the aim of earning some quick profits although losses are incurred once in a while.
I am not a partaker of Faithist I don't want to take or bear any risk of course I don't have the financial means or capability to always buy and hodl irrespective of the market conditions. I give credit to those categories of people.

[TravelMug]

For me it's either you are a purist or maximalist or not.

There's no in between definition like the OP describe. Might as well fit the definition of a trader for the opportunist. There could be some who might try their hands on some altcoins, but I do believe that majority here is a holder and just accumulate bitcoin, making them a maximalist per se. Buy, hold, trade seems to be a the very tenant of a bitcoin enthusiast, hence maximalism.

[osasshem]

There are three kinds of people in the Bitcoin world, idealists, opportunists and faithists.

• Idealist
  Many early Bitcoin participants were mostly idealists, and they hoped to get a lot of benefits through Bitcoin. But many idealists have not persisted until now. After holding the currency for a period of time, they have not seen more benefits in the currency circle. They chose to withdraw due to their own greed.
• opportunist
  They prefer the volatility of Bitcoin prices and find opportunities to buy Bitcoin at low prices by analyzing market price fluctuations. When they see a opportunity in the market, they want to realize the freedom of wealth quickly
• Faithist
  They stick to their beliefs, believe in Bitcoin, and as long as they buy Bitcoin, they are willing to bear its risk. When the price of Bitcoin falls, they will not panic the market and choose to sell, but think it is a good opportunity to buy at a low price.

I think there are more Bitcoin opportunists in the forum. What is your opinion on this? Which one do you think you are?

The idealist who hope to get benefits from holding Bitcoin who after a while could not continue to manage the the losses, rather to sell out not to be in the zero level, is or was more like not having known the depths of bitcoin cycle.
The opportunist takes advantage of every slight move in the market, as the purpose of being in the market is to buy and sell with the intension of making profits. And
the Faithist, these are the core believers of Bitcoin which are not moved by the nature of the market and are not bordered by FOMO or FUD. With these kind of people, the certainty of the market to retrace back is inevitable.
In all of these, I might not be fully complete in each, I take causion in my actions, in holding and buying.

[Roy Asher]

Generally speaking, those who enter the crypto market early and choose to invest in Bitcoin, especially those who can hold on to it, are believers. I think believers and opportunists are a bit similar. These groups will choose to believe in Bitcoin. Everyone The methods and ideas are different. Although the starting point is different, but the same thing is wanted, they are all Bitcoin lovers.

[ropyu1978]

there are three types of people in bitcoin, the first is an idealistic person, he is always looking for new ways to take advantage of every opportunity that comes, the second is a weak hand, he has no stand, whenever there is a negative post about bitcoin, he always gets scared , that to three people who have faith, he has the mental steel of steel he doesn't care what people say about bitcoin, he stays to the point..

[boyptc]

There should be some other kinds and I don't know where I'm going to be categorized.

What if someone possess all of those qualities? But maybe as a faithist, when the market goes with the drop, I'm no longer that guy before that panics whenever I see it.

Agree with that, everyone has the reason why they come here and it was their choice, but I think that we are all considered as an opportunist.In fact, we have thought that Bitcoin seems to be our opportunity to have a better living and that is why people are coming. But the question about faith and being an idealist is not what I see. Yeah, many just lost their faith once the market declines and turn their mindset into negative.

Maybe.

I don't know how to classify myself but when the market really drops, I am not panicking anymore unlike a few years ago. I used to panic but good thing that I've experienced that for the lesson that it has brought me today.

[TelolettOm]

An individual may not only have one category included.
For example, I am in the opportunist in which I am utilizing every volatility of Bitcoin to get the profits. This may be risky but if I am a trader or a daytrader, it is no matter. because volatility sometimes becomes the way to get a chance for profits.
And at once, if I am also a long-term investor or hodler where I do believe also in Bitcoin, making it as one of the long-term assets because I am sure that the price rate will go u[p in certain price as I target.

So, based on this situation, the category may not be strict to one person with one category. 

[Rajamuda]

there are three types of people in bitcoin, the first is an idealistic person, he is always looking for new ways to take advantage of every opportunity that comes, the second is a weak hand, he has no stand, whenever there is a negative post about bitcoin, he always gets scared , that to three people who have faith, he has the mental steel of steel he doesn't care what people say about bitcoin, he stays to the point..

it seems that idealists are like newbies who really need to discuss many things related to bitcoin more deeply. but because the longer they are in the bitcoin sphere, it is possible that they can be more confident and consistent in what they do with bitcoin. idealistic types can turn into the faithist's type at certain times over time.

[the rise]

I prefer people who create opportunities, in the world of cryptocurrency our goal is profit, such as making a profit from trading, investing, mining, staking. The person who creates the opportunity will easily benefit and it will be easy to do your best here.

[Dhoe]

there are 3 types of people in bitcoin, maybe most of them are people who are always looking for opportunities to make profits, there are also people who always pile up their bitcoins, then they sell their bitcoins after the price goes up high, maybe the third one is the weak hand, if there is negative news about bitcoin, he immediately sold all the bitcoins he had..

[hazenyc]

Generally speaking, those who enter the crypto market early and choose to invest in Bitcoin, especially those who can hold on to it, are believers. I think believers and opportunists are a bit similar. These groups will choose to believe in Bitcoin. Everyone The methods and ideas are different. Although the starting point is different, but the same thing is wanted, they are all Bitcoin lovers.

But who can hold onto it? It is usually the people who are already rich anyway. That is why I believe that most of the millionaires / billionaires that were made due to crypto already have been rich beforehand. If you bought early and you haven't been rich, it is almost impossible to hold onto your BTC all the way up to let's say $30k or even much higher. If you got a lot in the bank anyway, you are way more resistant to the emotional stress dumps would cause to an average human being with a smaller bank account.

[Blowon]

I like idealistic people, in addition to taking advantage of it alone, it will gain knowledge, so the opportunity to make a successful project in the future, I am an idealistic person, and love that.

[Twinkledoe]

there are 3 types of people in bitcoin, maybe most of them are people who are always looking for opportunities to make profits, there are also people who always pile up their bitcoins, then they sell their bitcoins after the price goes up high, maybe the third one is the weak hand, if there is negative news about bitcoin, he immediately sold all the bitcoins he had..

The common thing for almost all types of people here is that we are all after for the possible gain of our investments. And what route we need? That's what we deviate from each other. We all have the same goals but the journey that we will take may be different. So whatever category you fall into, just make sure that you are doing your best to gain from this market. Whatever route it is, it is your own strategy how you will take advantage of the market.

[dansus021]

I think the first one is called early bird but yeah some people will have their own character,

but for me itself i would rather to choose cryptocurrency maximalist  so go all in to crypto

[michellee]

I think I am in all of those lists because, as an Idealist, I already take the benefit through bitcoin but I still hold my bitcoin and do not withdraw all of the bitcoin I have because I am also Faithist who believes that bitcoin will increase so high in the future. And when I see the price is down, I will buy more bitcoin and hold it, which makes me the Opportunist who wants to use the opportunity to buy more bitcoin.

[chanler]

Yes there are several kinds of people here and I also often meet yes. For people who are just experimenting and want to get results immediately, this is not the place. I mean it takes time and patience to be able to achieve it, that's why many people try and finally give up. Crypto prices that are currently unstable make people who just join have to be more patient and spend more effort. Where if we can go through it well surely it will bear fruit. That's what I also hope, I choose to wait until the crypto is completely recovered and stable although I will wait longer. I know it's a consequence and I've made up my mind that whatever happens, face it. We can only hope and see that the crypto market will recover quickly and give good results.

[Cling18]

I can't classify if I'm at least in one of those groups but to analyze it, people have almost one goal and that is to earn a good profit. Most of us will take the opportunity to earn by any means especially in the crypto world which offers lots of opportunities. We all have different views and levels of trust for Bitcoin and we can't blame others for giving up too early because Bitcoin investment is most likely a waiting game and good profit comes to those who wait.

[DooMAD]

I prefer to think I'm not that easy to pigeon-hole, but admittedly the 'Faithist' one does sound like me, heh.  The market does whatever it does, but that's mostly a sideshow for me.  The concept is always the bigger attraction.

[Caldear]

• Idealist
• Faithist

I somehow think that idealist and faithist are rather similar concepts.

There is a difference between an idealist and a faithist.
Idealists want to benefit from Bitcoin. When the price fluctuates or falls, they are susceptible to market sentiment and sell Bitcoin. But faithist always firmly believe in the interests of Bitcoin. They will not be affected by market fluctuations. Even if the price drops, they will choose to continue holding, believing that long-term holding will result in high profits.

[mrongos]

There should be some other kinds and I don't know where I'm going to be categorized.

What if someone possess all of those qualities? But maybe as a faithist, when the market goes with the drop, I'm no longer that guy before that panics whenever I see it.

it's true as you said, people who have played in bitcoin for a long time, and already know about bitcoin, I'm sure whatever happens they will never panic, because they have experience and have gone through many obstacles, different from people who are new to playing at bitcoin, every time there is a negative post about bitcoin, they immediately panic, and immediately sell the bitcoin they have..

[buwaytress]

Well, that rules me out of being an idealist if I'm not an early adopter. Doesn't sounds like I'm an opportunist either, since I don't trade, and really I just earn what I can, spend what I must, and then save whatever's left. And spend that whenever the need arises.

That makes me a faithist. I don't exactly buy either, but since I do try to earn as much as possible in Bitcoin, and none of the market movements either direction really flutters my heart, I guess that's most accurate.

Think there're more faithists on the forum than anything else really. Idealists have moved on and opportunists ain't got no time for forum chatting.

[tinajames]

I would come under the ‘opportunist’ category. Most of my trade strategies are focused on short term gains by making use of the high fluctuations in the crypto market.

[bosede1]

I must say the categories are well scrutinized and explained but I will love to add that there is nothing bad in been an opportunist or the majority of the people been in this category. If the price is low it is only advisable you buy and when the price increases you sell or decide to keep holding.

[Ararbermas]

Which one do you think you are?

probably i'm one of those faithist because i always follow what i believe only when it comes buying and holding bitcoin.. But i'm proud despite of being like that because so far nothing bad happened when every time market were struggling. And i believe also that being believer of bitcoin such how it really works is a big advantage and you can prevent losses always unlike those idealist.

[dataispower]

I must say the categories are well scrutinized and explained but I will love to add that there is nothing bad in been an opportunist or the majority of the people been in this category. If the price is low it is only advisable you buy and when the price increases you sell or decide to keep holding.

The OP is narrowing it down the perspective of all people been the sole HODLers of the gem for a long time to be able to hold others responsible to agititate for a common vision which is vested up Bitcoin beign the supreme cryptocurrency. I actually fall under the category he classed as "opportuniist", there is nothing bad in being one in my opinion. You are actually going for a goal which is to make profit whichever way it goes. It is for your personal gains. You've have earned on the shot time isn't it?

[Evgenklm]

What about hamsters?) after all, this is also one of the types of people in the crypto world in its own way... and the one who, at least once, has made a profit from bitcoin will forever remain an adherent of bitcoin, in general, it is difficult to classify and label people...how many people have so many opinions about this.

[cotton ball]

different depths, different fish, different fields, other grasshoppers, as well as people who play bitcoin, their ways are different but the goal is the same, both seek profit in investing bitcoin, there are types who are never afraid of any challenges, whatever happens to them will never be afraid, they still invest in bitcoin even though the state prohibits accepting bitcoin, there are also types of people who easily trust others, every time there is a negative post about bitcoin, he will waver and release their bitcoin..

[adzino]

There are three kinds of people in the Bitcoin world, idealists, opportunists and faithists.

• Idealist
  Many early Bitcoin participants were mostly idealists, and they hoped to get a lot of benefits through Bitcoin. But many idealists have not persisted until now. After holding the currency for a period of time, they have not seen more benefits in the currency circle. They chose to withdraw due to their own greed.
• opportunist
  They prefer the volatility of Bitcoin prices and find opportunities to buy Bitcoin at low prices by analyzing market price fluctuations. When they see a opportunity in the market, they want to realize the freedom of wealth quickly
• Faithist
  They stick to their beliefs, believe in Bitcoin, and as long as they buy Bitcoin, they are willing to bear its risk. When the price of Bitcoin falls, they will not panic the market and choose to sell, but think it is a good opportunity to buy at a low price.

I think there are more Bitcoin opportunists in the forum. What is your opinion on this? Which one do you think you are?

They all sound like the same. I mean in the end, they all are opportunist. Why do you think the "idealist" decided to withdraw? It's because they found an opportunity. Why do you think the "faithist" decided to buy more when the price was low, because they found an opportunity to buy at cheap. The end goal of all three here is the same. To make profit and get rich. This what the market has become now.

[Ayiranorea]

Very few early adopters have profited good out of the holdings. Opportunists were the one to profit good out of the bitcoin investment. These are group of people who are much into the learning process and has the mind to take risk. Holding bitcoin is good and the long term profiting is the focus of the faithist.

Opportunists also prioritise investing on new projects. Real-time usage of bitcoin and other cryptocurrencies happen in large scale through the second category of people.

[Amejoaquim]

I think i'm the third one because i have a lot of Faith on bitcoin, so no matter how drop the price it is i will do not panic because in the end of the day i believe the price of btc will rise again. Btw, i think being idealist is looks like they just interest in bitcoin or any currency who really has a real product or services, so if they see trash coin like meme coin they don't want to buy it even though they can get a lot of profit from that.

[Hamphser]

There are three kinds of people in the Bitcoin world, idealists, opportunists and faithists.

• Idealist
  Many early Bitcoin participants were mostly idealists, and they hoped to get a lot of benefits through Bitcoin. But many idealists have not persisted until now. After holding the currency for a period of time, they have not seen more benefits in the currency circle. They chose to withdraw due to their own greed.
• opportunist
  They prefer the volatility of Bitcoin prices and find opportunities to buy Bitcoin at low prices by analyzing market price fluctuations. When they see a opportunity in the market, they want to realize the freedom of wealth quickly
• Faithist
  They stick to their beliefs, believe in Bitcoin, and as long as they buy Bitcoin, they are willing to bear its risk. When the price of Bitcoin falls, they will not panic the market and choose to sell, but think it is a good opportunity to buy at a low price.

I think there are more Bitcoin opportunists in the forum. What is your opinion on this? Which one do you think you are?

They all sound like the same. I mean in the end, they all are opportunist. Why do you think the "idealist" decided to withdraw? It's because they found an opportunity. Why do you think the "faithist" decided to buy more when the price was low, because they found an opportunity to buy at cheap. The end goal of all three here is the same. To make profit and get rich. This what the market has become now.

Agree on what you had said that they commonly share on the same goal this is why these 3 type of people are just really the same which the target is to make profits.

They might be having some difference in behavior but the goal is common this is why it isnt really that much of a concern whether which one type of you are in.

Every decision would be situational.You might be Idealist and then theres thing change then become Faithist or Opportunist or something like that.

[Yatsan]

Lots of kinds of people arise in this vast world of cryptocurrency having different perspectives and stands with regards to what they believe on different situations that the cryptocurrency world is facing through specially centralizing their attentions with Bitcoin that is the leading cryptocurrency of all times. It is indeed what the OP stated mostly of those people can be simply categorized among those three types, Idealist, Opportunist and Faithist on which you have just to see it for yourself into which category you are fitted with.

[Nathrixxx]

I belong to the faithist category, believing that one day things can turn around, so we invest, take the risk and believe in adequate return in due time, but either of the category one is, it's always good to study the rythm strategy, it's either you trade or invest in crypto, we all desire to arrived at same goal which is to make profit.

[tanjiran]

--

I think there are more Bitcoin opportunists in the forum. What is your opinion on this? Which one do you think you are?

Becoming an opprtunist requires technical and fundamental market analysis skills, as well as experience. it is not easy for some people, including me, and I seem to be more inclined towards the faithist group. I plan to consistently implement the DCA strategy, trying to buy crypto assets consistently for long term investments. with DCA, very helpful for people like me who are not very good at analyzing the market.
well, whatever it is, as long as we understand the risks, study carefully the strategies that suit our abilities, there will always be opportunities for profit.

[stomachgrowls]

--

I think there are more Bitcoin opportunists in the forum. What is your opinion on this? Which one do you think you are?

Becoming an opprtunist requires technical and fundamental market analysis skills, as well as experience. it is not easy for some people, including me, and I seem to be more inclined towards the faithist group. I plan to consistently implement the DCA strategy, trying to buy crypto assets consistently for long term investments. with DCA, very helpful for people like me who are not very good at analyzing the market.
well, whatever it is, as long as we understand the risks, study carefully the strategies that suit our abilities, there will always be opportunities for profit.

Not easy even for me but honestly idealist and faithest would  turn out  to be that opportunist when they are already applying the analysis and fundamental that they had gathered.

Overall, it is really just the same because just like had been mentioned or  told by most people here that we do aim on the same goal which it to make money.No matter what kind you do include yourself on
then it all talks about money and profits.They do just matter or differ on timeframe or on how long it  would really be able  to materialize your profits.

[DarkDays]

Most people aren't binary, whereas just because someone is a hardcore Bitcoiner doesn't automatically mean that he/she will just automatically shun out and ignore other non-Bitcoin projects. And I see myself to be in this category; a Bitcoin mostlymalist!

To me the 3 categories don't fully cover the types of people we get in crypto, and I agree that even as a Bitcoin maximalist one should not shy away from alts

because potential is there and it would be a shame to have such a narrow field of vision when opportunities are more widespread than initially thought.

Also, you can't call yourself a crypto enthusiast if all you do is BTC and ignore the rest!

[Shenzou]

There are three kinds of people in the Bitcoin world, idealists, opportunists and faithists.

• Idealist
  Many early Bitcoin participants were mostly idealists, and they hoped to get a lot of benefits through Bitcoin. But many idealists have not persisted until now. After holding the currency for a period of time, they have not seen more benefits in the currency circle. They chose to withdraw due to their own greed.
• opportunist
  They prefer the volatility of Bitcoin prices and find opportunities to buy Bitcoin at low prices by analyzing market price fluctuations. When they see a opportunity in the market, they want to realize the freedom of wealth quickly
• Faithist
  They stick to their beliefs, believe in Bitcoin, and as long as they buy Bitcoin, they are willing to bear its risk. When the price of Bitcoin falls, they will not panic the market and choose to sell, but think it is a good opportunity to buy at a low price.

I think there are more Bitcoin opportunists in the forum. What is your opinion on this? Which one do you think you are?

I think that at one point or another we have been all of these three kind of people, but maybe you are forgetting about the traders who don't care about the bitcoin as an idea they only see it as a volatile asset and a way to make profit, and as soon as they see the prices falling they start selling.

[taufik123]

I think that at one point or another we have been all of these three kind of people, but maybe you are forgetting about the traders who don't care about the bitcoin as an idea they only see it as a volatile asset and a way to make profit, and as soon as they see the prices falling they start selling.

Currently most investors consider bitcoin as a very profitable asset with price fluctuations that can provide profits.

But not everyone panics when the price starts to drop and sells it. People who panic when the price of bitcoin drops are those who are still beginners and have not yet formed a strong psychology. if it continues to go down do analysis and buy deep will give you a bigger profit. those who panic are just wasting money for nothing.

[BuNga_cute]

I think that at one point or another we have been all of these three kind of people, but maybe you are forgetting about the traders who don't care about the bitcoin as an idea they only see it as a volatile asset and a way to make profit, and as soon as they see the prices falling they start selling.

Currently most investors consider bitcoin as a very profitable asset with price fluctuations that can provide profits.

But not everyone panics when the price starts to drop and sells it. People who panic when the price of bitcoin drops are those who are still beginners and have not yet formed a strong psychology. if it continues to go down do analysis and buy deep will give you a bigger profit. those who panic are just wasting money for nothing.

Indeed, the reality is like that where only experienced and knowledgeable investors are able to get big profits from Bitcoin. Because indeed knowledge
and experience are important factors that can prevent us from panicking at the volatile Bitcoin price. If we panic and sell Bitcoin before the selling
target is reached, it's just a waste of money, because the big profit we want will not be achieved. Why are so many successful investors suggesting
that beginners should learn a lot about Bitcoin first, before deciding to invest in Bitcoin, that's because so as not to panic seeing the price of Bitcoin
which sometimes drops suddenly.

[rodskee]

There are three kinds of people in the Bitcoin world, idealists, opportunists and faithists.

• Idealist
  Many early Bitcoin participants were mostly idealists, and they hoped to get a lot of benefits through Bitcoin. But many idealists have not persisted until now. After holding the currency for a period of time, they have not seen more benefits in the currency circle. They chose to withdraw due to their own greed.

never call greed those people who once keep the bitcoin on hold, how can they be greedy when they keep it for years?

this is not greed but practicality as they have seen the profit they wanted and get it down.

• opportunist
  They prefer the volatility of Bitcoin prices and find opportunities to buy Bitcoin at low prices by analyzing market price fluctuations. When they see a opportunity in the market, they want to realize the freedom of wealth quickly

lol, these people called RISK TAKER , because they are risking their money without any assurance . not opportunist .

• Faithist
  They stick to their beliefs, believe in Bitcoin, and as long as they buy Bitcoin, they are willing to bear its risk. When the price of Bitcoin falls, they will not panic the market and choose to sell, but think it is a good opportunity to buy at a low price.

I think there are more Bitcoin opportunists in the forum. What is your opinion on this? Which one do you think you are?

you are just creating your own words because this has been called up for years now, and they are what we called "HODLERS"

[XUNing]

I am more inclined to opportunists and believers.
When the market pullback is really active and the price is rising through market analysis, I will choose short-term trading. Through short-term small transactions, thereby reducing risks and obtaining greater profits.
I will also invest part of the funds in promising projects by analyzing various indicators of the crypto market, and then no matter how the price changes, I will choose to continue holding at the right time and obtain long-term profits. Although this requires a lot of time and money, it does bring advantages in the end.

[Wong Gendheng]

There are three kinds of people in the Bitcoin world, idealists, opportunists and faithists.

• Idealist
  Many early Bitcoin participants were mostly idealists, and they hoped to get a lot of benefits through Bitcoin. But many idealists have not persisted until now. After holding the currency for a period of time, they have not seen more benefits in the currency circle. They chose to withdraw due to their own greed.
• opportunist
  They prefer the volatility of Bitcoin prices and find opportunities to buy Bitcoin at low prices by analyzing market price fluctuations. When they see a opportunity in the market, they want to realize the freedom of wealth quickly
• Faithist
  They stick to their beliefs, believe in Bitcoin, and as long as they buy Bitcoin, they are willing to bear its risk. When the price of Bitcoin falls, they will not panic the market and choose to sell, but think it is a good opportunity to buy at a low price.

I think there are more Bitcoin opportunists in the forum. What is your opinion on this? Which one do you think you are?

I think that at one point or another we have been all of these three kind of people, but maybe you are forgetting about the traders who don't care about the bitcoin as an idea they only see it as a volatile asset and a way to make profit, and as soon as they see the prices falling they start selling.

This type immediately panics and sells everything even though it loses, he never patiently waits for the best moment to sell bitcoin, this is of course what makes the market like a roller coaster because they are always speculating on the price.

[nightxglow]

I differentiate only two categories of Bitcoin users:

1.People who believe that Bitcoin and blockchain technology is the future and after X amount of years,Bitcoin will dominate the world of finance.You can call them Bitcoin maximalists.

2.People who view Bitcoin as a way to make "easy" money(by trading or HODLing),so they are into the BTC community only for the money and nothing else.
They don't care about blockchain technology,hashrate,Segwit,Taproot,sidechain projects like Lightning Network or cryptography.
They only care about the BTC price,making money and that's it.
I don't know how to call them.Maybe "greedy traders" is a good name.

I agree, rather than those three types, I prefer these two lol. I guess this is really the perfect way to describe the way people behave in this. Not trying to be proud of it, but I once is that greedy trader lol. I just found bitcoin, and thought that it is such an easy money, making as many amount of money I can and then when the price fell around 2018? i left it. But now, I learned my lesson, and doesn't think that way anymore. I learn more value in bitcoin rather than easy money, in the blockchain technology, and others. I try to learn and learn more now, not thinking about the money and profit anymore.

[LogitechMouse]

I will add another one in the list.

FUD-dist = these are the people who don't have any objective in the Bitcoin world but to spread some negative news, FUDS and other bad things in the internet. We've seen many users here too that are sharing only the negative things about Bitcoin because they don't like it.

Overall, the 3 kinds of people are relatively applicable towards us investors but there are still some who prefer to be a negative one like what I said .

[rosebrand]

I think I fall in the category of the opportunitist, ever since I knew about bitcoin my sole aim was always to buy low and sell high, tho i still believe that bitcoin someday will be bigger than the way it is that's why am still keeping a portion of it for the long term, everybody's aim is to make profits so many people will fall under this category, well there are other categories as well not just this three, there are some people who does the opposite, buy at the top and sell at the bottom.

[sapnu]

There are three kinds of people in the Bitcoin world, idealists, opportunists and faithists.

• Idealist
  Many early Bitcoin participants were mostly idealists, and they hoped to get a lot of benefits through Bitcoin. But many idealists have not persisted until now. After holding the currency for a period of time, they have not seen more benefits in the currency circle. They chose to withdraw due to their own greed.
• opportunist
  They prefer the volatility of Bitcoin prices and find opportunities to buy Bitcoin at low prices by analyzing market price fluctuations. When they see a opportunity in the market, they want to realize the freedom of wealth quickly
• Faithist
  They stick to their beliefs, believe in Bitcoin, and as long as they buy Bitcoin, they are willing to bear its risk. When the price of Bitcoin falls, they will not panic the market and choose to sell, but think it is a good opportunity to buy at a low price.

I think there are more Bitcoin opportunists in the forum. What is your opinion on this? Which one do you think you are?

Considering the massive growth of people investing on bitcoin, for sure there are more than three types of people in the bitcoin world. If I were to identify myself on the types you've mentioned, I would consider myself as to having the three of it. Not because I am trying to lift up myself but because have the mindset of the three is necessary in achieving success in your investment. If you are going to consider yourself as only one of those, there's a chance that as you end up leaving behind the others, you won't be able to make the most of your bitcoin investment. You are free to choose what you do but you shouldn't limit yourself on what else you can do to further enhance your performance.

[terrorJR]

Currently most investors consider bitcoin as a very profitable asset with price fluctuations that can provide profits.

But not everyone panics when the price starts to drop and sells it. People who panic when the price of bitcoin drops are those who are still beginners and have not yet formed a strong psychology. if it continues to go down do analysis and buy deep will give you a bigger profit. those who panic are just wasting money for nothing.

essentially the experience that sets it all apart.
because if I look from your point of view it refers to the experience of everyone who has been here.
and this is very concrete when a lot of people who did panic sell a few weeks ago due to fud and slanted news that happened of course mostly are beginners and people who follow the existing hype.
it's good to follow the information and the flow of what is happening in the market both in bullish and bearish but for mental, experience and hodl are the things that make the difference. because the average experienced person in which there are those who have felt the same way in 2017 they will be calm and remain confident in their btc hodling so they don't have to worry about the market happening

[taufik123]

Indeed, the reality is like that where only experienced and knowledgeable investors are able to get big profits from Bitcoin. Because indeed knowledge
and experience are important factors that can prevent us from panicking at the volatile Bitcoin price. If we panic and sell Bitcoin before the selling
target is reached, it's just a waste of money, because the big profit we want will not be achieved. Why are so many successful investors suggesting
that beginners should learn a lot about Bitcoin first, before deciding to invest in Bitcoin, that's because so as not to panic seeing the price of Bitcoin
which sometimes drops suddenly.

Those who panic also have several reasons. one of them is because the capital they have has run out and can no longer do buybacks. This is why it is important to carry out capital management so as not to get caught in an unwanted situation.
people who panic about using their money not wisely, trade by risking all their money in one place.
Do good management to overcome panic and learn basic trading to know market movements properly.

[Oasisman]

~snip~

Those who panic also have several reasons. one of them is because the capital they have has run out and can no longer do buybacks. This is why it is important to carry out capital management so as not to get caught in an unwanted situation.
people who panic about using their money not wisely, trade by risking all their money in one place.
Do good management to overcome panic and learn basic trading to know market movements properly.

Weak hands who panics during the dip doesn't necessarily need to have complex analysis or some capital management.
What they need is to understand what they have invested for.
They need to understand Bitcoin and it's volatile nature.
If the price decline, you'll gonna be fine as long you're not selling below your buying range.
Panic sellers are usually those who wants to make quick buck and take advantage of Bitcoin's volatility, so most probably they don't have good trading strategies.