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Author Topic: There are three kinds of people in the Bitcoin world  (Read 756 times)
mrongos
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July 27, 2021, 10:11:27 AM
 #61

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..

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July 27, 2021, 10:35:20 AM
 #62

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.

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July 27, 2021, 11:40:01 AM
 #63

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.
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July 27, 2021, 12:03:20 PM
 #64

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.

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July 27, 2021, 12:37:49 PM
 #65

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.
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July 27, 2021, 12:47:26 PM
 #66

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?
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July 27, 2021, 12:59:43 PM
 #67

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.
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July 27, 2021, 01:17:41 PM
 #68

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..
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July 27, 2021, 08:34:24 PM
 #69

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.

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July 27, 2021, 09:31:55 PM
 #70

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.

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July 27, 2021, 10:40:12 PM
 #71

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.
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July 27, 2021, 10:54:35 PM
 #72

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.

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July 27, 2021, 10:55:17 PM
 #73

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.

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August 10, 2021, 02:33:30 PM
 #74

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.
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August 10, 2021, 09:34:38 PM
 #75

--

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.

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August 10, 2021, 09:47:37 PM
 #76

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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.

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August 10, 2021, 09:51:59 PM
 #77

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!
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August 10, 2021, 10:15:54 PM
 #78

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.
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August 10, 2021, 11:02:41 PM
 #79

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.
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August 10, 2021, 11:38:36 PM
 #80

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.

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