Which sort of investor are you?

[Don Pedro Dinero]

As a prominent trader or investor <...>

Those two words in the same sentence sound almost contradictory to me. But not entirely, because you can be an investor, usually long-term and after a thorough analysis of the asset you are buying, and at the same time have a part of your portfolio for shorter-term trading. In my case I am much more of the former than the latter, and the more time passes the more I realise that the best thing to do is not to touch investments.

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[pusaka]

Not always in a profitable position at all times in trading. Today or within 7 days of trading, people can get profits that make them feel like they are great traders. There are times when people experience losses that exceed the amount of profit they have experienced.
Because there are many types of trading, you want to focus on what trading you are going to do. Don't forget that in doing so, people have to work to be successful according to their level.

There is no free lunch. This sentence is to show that everything requires hard work. You wouldn't give money for free to someone else if there was nothing to give it to you.

Things like this should be the basis for traders, that we will not always benefit from trading, and we will not always feel the loss of experience. Hard work and always developing knowledge is one of the keys.
We will never be able to make a profit if we are not willing to learn everything related to this, we cannot always rely on luck. And as far as I know, there are no people who are successful because they just stand still, in everything, be it business, investment, trade and so on.
Experience will also be very helpful, so never underestimate experience, be it a bad experience of getting a loss, or a good experience.

[Oshosondy]

For me, as a trade, you need to surpass all the trials along the road because it's difficult to trade. All successful traders right now have a lot of experienced, ups and downs.

That is true. But some traders just have no option anymore than to quit after several losses. Trading is not as easy as some people think it is. They will trade and lose more, continue to trade and continue to lose more. Most traders just quite while only few are the ones that are later making money. If someone is not greedy, they will be winning more than losing.

As a prominent trader or investor <...>

Those two words in the same sentence sound almost contradictory to me. But not entirely, because you can be an investor, usually long-term and after a thorough analysis of the asset you are buying, and at the same time have a part of your portfolio for shorter-term trading. In my case I am much more of the former than the latter, and the more time passes the more I realise that the best thing to do is not to touch investments.

Did you meant that investment or holding is better? If you go for the right coins like bitcoin, ether, litecoin and some other good ones that are not shitcoins, yes holding is better than trading. Trading is just seen as a fast way of making money, but the most result is the fast way of losing money.

[el kaka22]

It is clear that we are talking about a situation that would help us on the long run, it is going to be helpful for everyone. It is going to be a situation where it would take a big load off people to know what is perfect for them. Just because some other person made some money with some other method, doesn't mean that you should do that neither, you should avoid that as much as you can, and just find your own method if you can. This would give you a good amount of chance to make some money.

If you keep focusing on what others do, then you will not find what you are good at but if you keep testing many stuff until you find what you like, that would be quite good for you because eventually you will find a way to make money.

[alastantiger]

As a prominent trader or investor, I guess the first thing to do, is to check your internal self-esteem, and also no your mind-fitness when trading, and your trader’s equilibrium, the most  important is “What type of investment are you good at” Most people think traders are also fortunate all the moment”
Come think of it is trading fortunate?

I second what lakai01 has said, I too don't quite understand your question. But here is my answer regarding the type of investor I am. I started investing in 2020. Initially, I began investing in altcoins because I thought I had missed out on Bitcoin. However, when a rugpull occurred in one of those altcoins, I refocused my attention on Bitcoin. I began with the dollar-cost averaging strategy and invested monthly. During market dips, I doubled my investments. I don't put all of my energies into investing. That is the kind of investor I am. I still work hard on building my career and honing my skillset so that I can make more money to continue investing monthly, as I have always done.

[yhiaali3]

I do not think it is necessary for every trader to be of a certain type. It is enough for him to do what suits him and choose the strategy that he deems appropriate to his personality.

Trading is not only related to technical expertise or the ability to analyze, but I see it is largely related to the trader’s personality, his style of dealing with the problems he encounters, his way of thinking, and also his emotions. All of these personal characteristics contribute greatly to building a trader, so the type of traders differs according to their personalities.

[WatChe]

I second what lakai01 has said, I too don't quite understand your question. But here is my answer regarding the type of investor I am. I started investing in 2020. Initially, I began investing in altcoins because I thought I had missed out on Bitcoin. However, when a rugpull occurred in one of those altcoins, I refocused my attention on Bitcoin. I began with the dollar-cost averaging strategy and invested monthly. During market dips, I doubled my investments. I don't put all of my energies into investing. That is the kind of investor I am. I still work hard on building my career and honing my skillset so that I can make more money to continue investing monthly, as I have always done.

With time my interest is only limited to Bitcoin despite the fact there are many alt coins with attractive features and cheap prices. You have done right move of accumulating Bitcoin in DCA manner. Most of us don't have huge capital to invest in Bitcoin, for such people DCA is best strategy. Also those who are new to Bitcoin should not invest all money at one price. First one must understand the market and then decide how you will gather Bitcoin.
Between I am also an investor who follow DCA.   

[Altryist]

With time my interest is only limited to Bitcoin despite the fact there are many alt coins with attractive features and cheap prices. You have done right move of accumulating Bitcoin in DCA manner. Most of us don't have huge capital to invest in Bitcoin, for such people DCA is best strategy. Also those who are new to Bitcoin should not invest all money at one price. First one must understand the market and then decide how you will gather Bitcoin.
Between I am also an investor who follow DCA.   

Whether to limit yourself only to Bitcoin or not is an individual choice for everyone, with proper handling of altcoins, they will also bring good profits, and no less than Bitcoin, only in the case of altcoins, you should definitely remember that they need to be sold. Unlike Bitcoin, which can be hold for many years, doing the same with altcoins can be very dangerous. I would definitely not risk hold altcoins for several cycles.

[kojektea]

you are wrong, because in my opinion understanding the market is very important for trading and investors, how will people be successful if they buy and sell carelessly maybe they will get bad results unless they are lucky, but if they use their understanding of the market has hopes of making a profit, because the analysis he carries out, even in the DCA technique, also requires application of when is the right time to buy

[OGsmall]

As a trader, you are to no the type of trader that you stand for! Most times people flunk to respond to this question.
Well, op from the glance of things numerous people today in the trader’s world do not research themself before hopping into the trading world and, I guess this is very mistaken by the public.

As a prominent trader or investor, I guess the first thing to do, is to check your internal self-esteem, and also no your mind-fitness when trading, and your trader’s equilibrium, the most  important is “What type of investment are you good at” Most people think traders are also fortunate all the moment”
Come think of it is trading fortunate?

To me that is not correct Trading is all about your proficiency and apprehending and how you control your frights and tolerance, and I think your tough labor amounts to something a lot too.

Bitcoin investment and betting na fall two various things Dey no com are-cross to each other’s self. Well, most people wey no to get prominent understanding of bitcoin go com turn thing up side down, just as u don talk the risk wey full gambling no be for here, while for bitcoin na just all about acquisition and  possibilities and much better knowledge, sorry to say ohh if opportunities come say make I choose betting over bitcoin, e go be like say war go Dey be that oh.

[Natsuu]

Well in the trading game, it's not just about luck. You've got to know yourself like your risk tolerance, how you handle stress and what kind of investments suit you. No one-size-fits-all here. Trading isn't a constant stroke of luck because it's more about being savvy and understanding the game. Wmotions of course can mess things up so keeping a grip on them is important. It's not a lottery because should work on skill and knowledge rather than just crossing your fingers

[Myleschetty]

Well, op from the glance of things numerous people today in the trader’s world do not research themself before hopping into the trading world and, I guess this is very mistaken by the public.

Some traders didn't research the market before hopping into? Then they are gamblers not traders because there's no way genuine cryptocurrency traders will want to trade in the market and ignore the fundamental characteristic of crypto trading which is doing some research about the market and the possible next trend it will showcase.

[Litzki1990]

The topics you discussed are very common topics of discussion in trading and investing. Most of its related posts usually discuss this type of thing. As an investor or a Tedders he must be patient enough as well as have all the ability to take risks. We already know that if a trader or investor is not risk-taking, patient, as well as responsible, he cannot invest or trade properly and this is definitely necessary for an investor and a trader. Since we have a long experience of trading and investing, if we did not know these things beforehand, we might not have reached this stage by investing or trading. But yes there are some investors or some traders who don't understand their purpose they don't understand what they are trading for and what they are investing for. Those who are such investors or such traders must be aware of their investment or business and know in advance about the fundamentals of business or investment to be successful in investing and trading.

[Lakai01]

[...]
During market dips, I doubled my investments. I don't put all of my energies into investing. That is the kind of investor I am. I still work hard on building my career and honing my skillset so that I can make more money to continue investing monthly, as I have always done.

Although your approach is absolutely understandable (I mean doubling the investment in times of "good" prices), this is no longer a classic DCA. DCA is actually aimed at making the same bet in every market phase (e.g. regardless of whether it is a bull run or a bear market, you always bet 100$ in the weekly/monthly/... purchase). You have already incorporated elements from classic trading here by evaluating when a market sentiment is "good" and when it is "bad" in order to increase purchases.

Of course, there is absolutely nothing wrong with that (and I do the same  ).

[jaberwock]

I do not think it is necessary for every trader to be of a certain type. It is enough for him to do what suits him and choose the strategy that he deems appropriate to his personality.

Trading is not only related to technical expertise or the ability to analyze, but I see it is largely related to the trader’s personality, his style of dealing with the problems he encounters, his way of thinking, and also his emotions. All of these personal characteristics contribute greatly to building a trader, so the type of traders differs according to their personalities.

It's not necessary or in a way that they will choose it but it can only come naturally depending on our characteristics but for the most, it can still change the more experience they gain. Strategy can be different, I mean there are strategies that are based on our personality and then there is also based on the general market.

It's important for us to know that and follow them, if we want to be successful here. No matter what, emotions in trading will always be a hindrance, so all must avoid it. No matter what type you are but as long as you are benefiting, just go on following it but to grow is also better and always there waiting for you once you are ready.

[Asiska02]

As a prominent trader or investor, I guess the first thing to do, is to check your internal self-esteem, and also no your mind-fitness when trading, and your trader’s equilibrium, the most  important is “What type of investment are you good at” Most people think traders are also fortunate all the moment”
Come think of it is trading fortunate?

You just talked about proficiency and also asked if a trader can be fortunate through trading. The two in my opinion work together and I think if you’re not proficient in what you do, you can be fortunate at it. Being fortunate does not come all the time and one can still fail at some points even though they’re already proficient in a certain skill. Trading requires building yourself in a manner that only you can master and would work for you anytime you employ that method.

To me that is not correct Trading is all about your proficiency and apprehending and how you control your frights and tolerance, and I think your tough labor amounts to something a lot too.

Nothing good comes easy and so is trading. You have to put in that effort and do all you can in order to become better in that aspect. If it was that easy, we will see a lot of traders than bitcoin holders, since no one will want to wait patiently for years in order to get profit from their investment.

[Romeotom]

There is no easy way to make money in this world so committing yourself to anything takes risk, patience and money. To get profit from everything investing or trading in crypto market you need to be crypto experts. Patience in investing and making profits can take you to the sky of profits. I kept holding 1 token for more than 1 year just to get profit. But there are many tokens that have given huge profits in just a few days.

[livingfree]

It is just an impression of people that watches the traders because they're always talking about money and IMHO, that's normal when people look at that part.

If you think that people shouldn't be impressed with what they see with traders and that's incorrect. You cannot change that to the people because it's all what everyone is going to think about when you all talk about money.

That impression won't be removed to the people as the market is existing and there's always the investors sense that they're going to see throughout the market motion.

[wtsimis]

This is a completely wrong idea that success in business is beyond mere luck.  Rather, the success of a business depends on self-awareness, discipline and risk management skills.  A successful trader must assess their self-esteem, emotional resilience and overall psychological thinking before entering into a business.  Trading is not a guaranteed streak of luck but a skill driven endeavor where your knowledge skills and ability to manage emotions prevail.  Businesses can thrive by investing in strategies that continually look for opportunities and learn.

[lombok]

Trading is difficult, decisions must be taken immediately and if you miss them the ending will be different. It's really like war, merciless and fast. From most of my trading records, there are still many losses compared to profits.

From this, I prefer investing in Bitcoin by long-term holding.