What type of investor are you?

[Olotu20]

Crypto currency is always considered as a volatile asset by many people, especially Bitcoin and so when ever Bitcoin is mentioned many people get skeptical about investing in Bitcoin.Because to them Bitcoin is not worth taking the risk going by it volatile nature and this fear is also exhibited by those who has been able to summon up courage to invest in Bitcoin, and this is seen when ever there is a change in the market in terms of a change in the price of Bitcoin. When ever there is a change in the market investors also react to it there are investors who quickly sell off their assets due to fear of lose, while there are also a group of investors who continue to accumulate despite the dip that Bitcoin may be experiencing.

This led me to asking this very critical question what type of a investor are you, do you always panic and sell off your assets in reacting to a Market change or are you a Fair whether investor or you believe in the long term property of Bitcoin. I want to say that when ever someone wants to invest in Bitcoin the very question that should be asked first is an I going into Bitcoin out of convictions or is just going into Bitcoin for a quick opportunity of making money due to a change in price by going into the market and leaving when the price of Bitcoin appreciates.

[Hatchy]

It would depend on the kind of mindset your have financially. Most people before they come into the crypto market might have had experience in one or two places, where they had to deal with losses. I believe these set of people would be very good in holding their coins even when the market seems to be very volatile and uncertain.. some new investors are drawing into BTC investment because of the profits they heard others made from it. They don't have any experience with risking before and they would be the set of people to cry once they begin to see the market go against them. It's not always as simple as we imagine..there will be times when you may want to give up and try something else, but if you have a good investment plan and the right mindset, the market volatility would not affect your actions..

[EL MOHA]

This led me to asking this very critical question what type of a investor are you, do you always panic and sell off your assets in reacting to a Market change or are you a Fair whether investor or you believe in the long term property of Bitcoin. I want to say that when ever someone wants to invest in Bitcoin the very question that should be asked first is an I going into Bitcoin out of convictions or is just going into Bitcoin for a quick opportunity of making money due to a change in price by going into the market and leaving when the price of Bitcoin appreciates.

Regardless of the type of investor that you’re, once you’re a short term investor or a panic investor who sells off whenever the market is dumping then you have high probability or chance of losing than actually gaining any profit. For me bitcoin is actually a longer term investment asset and once an investor isn’t up for such investment hurdle then he should actually not go for bitcoin or for any cryptocurrency at all.

You must have a strong conviction for bitcoin because coming for quick opportunity simply just means you’re in same position with those looking to get rich quick with bitcoin and at the end of the day they end up losing because it is really tricky and risky to beat bitcoin volatility in a short period of time only a longer time holding actually makes the risk minimal

[Hypnotizer]

Crypto currency is always considered as a volatile asset by many people, especially Bitcoin and so when ever Bitcoin is mentioned many people get skeptical about investing in Bitcoin.Because to them Bitcoin is not worth taking the risk going by it volatile nature and this fear is also exhibited by those who has been able to summon up courage to invest in Bitcoin, and this is seen when ever there is a change in the market in terms of a change in the price of Bitcoin. When ever there is a change in the market investors also react to it there are investors who quickly sell off their assets due to fear of lose, while there are also a group of investors who continue to accumulate despite the dip that Bitcoin may be experiencing.

“Weak hands” that’s what they’re called, as an investor you have to grow some level of trust for what you’re investing into especially when it has to do with volatile assets like Bitcoin because the market is very uncertain and so you need to believe in it capabilities..that will help you avoid FUD during market swings or dips.

Buying the dip is a very good opportunity for accumulating in bitcoin investment especially if you have some unused discretionary funds as an investor, when you look at the market you’ll see big whales buying during this kinda time.

This led me to asking this very critical question what type of a investor are you, do you always panic and sell off your assets in reacting to a Market change or are you a Fair whether investor or you believe in the long term property of Bitcoin. I want to say that when ever someone wants to invest in Bitcoin the very question that should be asked first is an I going into Bitcoin out of convictions or is just going into Bitcoin for a quick opportunity of making money due to a change in price by going into the market and leaving when the price of Bitcoin appreciates.

A good investor…panic selling don’t cover losses it lead to losses if you only knew. Reacting to any market correction isn’t good for a long term investment, have that mindset to Hodl no matter what till you archived your target goal.

As a new investor especially in bitcoin investment, it is really good to develop that mindset to Hodl no matter what, it will really help in archiving your long term goals.. That’s if you trust Bitcoin investment o

[ZeroVinsonN]

No investment is without risk and bitcoin is not excluded from this assessment, bitcoin is a volatile asset and before you even decide to invest in it you should have already known about this volatility, it's called having a basic knowledge of what bitcoin is about, so once you start investing you should have already steeled your resolve to weather out whatever changes happen to the market, if the price appreciates them good for you because you are making profit, if it DIPs then you shouldn't panic and sell, in fact you just got an opportunity to buy at an even lower price and this opportunity should be taken advantage off to the fullest.

[Gost ms]

I have complete faith in Bitcoin and I am not worried about its volatility and I am not afraid of its decline. However, one thing I have noticed is that I am not able to manage my finances properly due to which I fail to continue investing consistently. However, I have not had to sell the amount of money I have invested so far. Because I am very prudent in managing my investments. I do not invest in weeks or months when we do not find discretionary income, I never invest with the amount of money that I think is necessary. I have almost all aspects under control but I overspend which sometimes leads to not finding discretionary income.

[Ishicryptic]

Anybody can choose the type of investor that they want to be either a short term or long term investment, for altcoins you can choose to be a short term investor because you don't know when it can crash but for Bitcoin it is better for long term investment. Bitcoin as an investment as gone through different stages and survived so it is more trusted than most assets to give profit on the long term and that is why DCA strategy is recommended for long term investors. There is no investment that is risk free but Bitcoin has shown that it can survive after dip and that is why it's adoption is increasing, you should buy with amount that you are comfortable to loose.

[ejikeme24]

Anybody can choose the type of investor that they want to be either a short term or long term investment, for altcoins you can choose to be a short term investor because you don't know when it can crash but for Bitcoin it is better for long term investment. Bitcoin as an investment as gone through different stages and survived so it is more trusted than most assets to give profit on the long term and that is why DCA strategy is recommended for long term investors. There is no investment that is risk free but Bitcoin has shown that it can survive after dip and that is why it's adoption is increasing, you should buy with amount that you are comfortable to loose.

You're right altcoins is not Worth holding for Long term investment just like you said about crash because most of them might be hype for some couple of months and after that they get dumped you that is going with the intention of holding for Long term might not know it has been dumped already then you will just keep waiting and waiting for the price to surge but it won't. That is why we are advised to invest in Bitcoin because it doesn't get hype like those altcoins rather the demand and supply is what determines the movement of Bitcoin there's no manipulation.

[Livingleged]

I want to say that when ever someone wants to invest in Bitcoin the very question that should be asked first is an I going into Bitcoin out of convictions or is just going into Bitcoin for a quick opportunity of making money due to a change in price by going into the market and leaving when the price of Bitcoin appreciates.

It all depends on how you handle finances together with emotions no doubt everybody that is going into bitcoin will definitely have a mindset of making profit from the investment but it all depends on how you go about it and your reaction towards price fluctuations just like now that the price is dipping if you are the type that panic and sell you will be losing. Thats why it is said that one should treat bitcoin and a process of long term investment Wch any sudden price fall should not trigger your emotions and want to sell out if fear.
The question of what type of investor are you should be easily answered buy you judging buy how you react towards price action. whether you're a the type that easily get emotional and panic too much Wch results to panic sell and losing or you’re the type that hold strong and wait patiently for the notice to bull again. The best approach to help handle this is just adopting the DCA strategy and you save you’re self all the stress of the price action emotion.

[Showlove01]

Crypto currency is always considered as a volatile asset by many people, especially Bitcoin and so when ever Bitcoin is mentioned many people get skeptical about investing in Bitcoin.Because to them Bitcoin is not worth taking the risk going by it volatile nature and this fear is also exhibited by those who has been able to summon up courage to invest in Bitcoin, and this is seen when ever there is a change in the market in terms of a change in the price of Bitcoin. When ever there is a change in the market investors also react to it there are investors who quickly sell off their assets due to fear of lose, while there are also a group of investors who continue to accumulate despite the dip that Bitcoin may be experiencing.

This led me to asking this very critical question what type of a investor are you, do you always panic and sell off your assets in reacting to a Market change or are you a Fair whether investor or you believe in the long term property of Bitcoin. I want to say that when ever someone wants to invest in Bitcoin the very question that should be asked first is an I going into Bitcoin out of convictions or is just going into Bitcoin for a quick opportunity of making money due to a change in price by going into the market and leaving when the price of Bitcoin appreciates.

Everyone has their own motive and target why they are investing in Bitcoin there are people who are into Bitcoin for quick profit and there are also people who are investing to hold for long term and those who are into Bitcoin for quick profit sometimes doesn't invest with their discretionary income and that is why you see them Pani and sell because of market variation. And i think you have even answered your questions when you said there are people that invest for quick profit and also out of conviction. With Bitcoin record now, I can tell you for free that people are moved to invest in Bitcoin but some doesn't have the capacity and some are afraid they can hold onto long term.

[fredericktaylor]

This led me to asking this very critical question what type of a investor are you, do you always panic and sell off your assets in reacting to a Market change or are you a Fair whether investor or you believe in the long term property of Bitcoin. I want to say that when ever someone wants to invest in Bitcoin the very question that should be asked first is an I going into Bitcoin out of convictions or is just going into Bitcoin for a quick opportunity of making money due to a change in price by going into the market and leaving when the price of Bitcoin appreciates.

It is true that the price of Bitcoin fluctuates rapidly, Bitcoin cannot make anyone rich quickly, the price of Bitcoin increases gradually. It is not possible to say for confirm when the price of Bitcoin will increase or decrease. When we invest right knowingly and understanding the volatility of Bitcoin and confidently waiting for better times without getting frustrated during market volatility, we can achieve success in the future.

I am not afraid to invest in Bitcoin, because Bitcoin is a long-term investment, it is not possible to achieve success by investing for a short period of time. The price of Bitcoin increases gradually, so I buy small amounts of Bitcoin continuously with a long-term plan and discretionary money, as a result of which the investment risk is reduced and I can gradually collect a large amount of Bitcoin without taking additional financial pressure. I basically do not get disappointed during market volatility, I use that time to buy Bitcoin with confidence and hold it patiently. When we acquire the right knowledge about Bitcoin, buy Bitcoin with a long-term plan and hold it with confidence during volatility, we will be able to enjoy its benefits in the future.

[Versatile_choice]

“Weak hands” that’s what they’re called, as an investor you have to grow some level of trust for what you’re investing into especially when it has to do with volatile assets like Bitcoin because the market is very uncertain and so you need to believe in it capabilities..that will help you avoid FUD during market swings or dips.

Yeah, in some cases those that sell thier holdings within a short time might be considered as "weak hands" that's if they are selling when they have not reach their Investment goal. But as for those Investors who have reach thier investment goal and have chosen to sell especially when they figure out that they are in profit be it short term or not will not be considered as"weak hands" or weak investors because they are selling when they are supposed to.  As a matter of fact everyone must not invest for long term even though we are ask to invest for Long term yet some Investors would want to decide for themselves and surely we have every right to decide either to hold for long term or the short term and no one is going to query you for that because it's your one personal decision.

[Pablo-wood]

Why should I invest in Bitcoin if I have the mindset to sell if price fluctuates. Bitcoin is meant to be volatile so if I must invest then my mind is already made up to hold. Most investors who panic are either those with little knowledge about how bitcoin movement has always been or those who invented with a money meant to solve immediate needs and it ends up going against their calculations so they sell out of FUD to avoid incurring further losses. An experienced investor knows the rudiments of the market and won't allow its sentiments get to them.

[Btcdeybodi]

Crypto currency is always considered as a volatile asset by many people, especially Bitcoin and so when ever Bitcoin is mentioned many people get skeptical about investing in Bitcoin.Because to them Bitcoin is not worth taking the risk going by it volatile nature and this fear is also exhibited by those who has been able to summon up courage to invest in Bitcoin, and this is seen when ever there is a change in the market in terms of a change in the price of Bitcoin. When ever there is a change in the market investors also react to it there are investors who quickly sell off their assets due to fear of lose, while there are also a group of investors who continue to accumulate despite the dip that Bitcoin may be experiencing.

First of all, cryptocurrency are volatile but bitcoin is less volatile compared to the rest of them so why will anyone be scared to invest in an asset that even when it DIPs, there are high chances it will recover back either within a short period or a long period but other cryptocurrency might dump and never recover again. There is nothing skeptical about investing in bitcoin, just be a long term hodler and you won't need to worry about market volatility. Investors who sell off their assets when there is a DIP are just short term traders, they ain't real investors.

This led me to asking this very critical question what type of a investor are you, do you always panic and sell off your assets in reacting to a Market change or are you a Fair whether investor or you believe in the long term property of Bitcoin. I want to say that when ever someone wants to invest in Bitcoin the very question that should be asked first is an I going into Bitcoin out of convictions or is just going into Bitcoin for a quick opportunity of making money due to a change in price by going into the market and leaving when the price of Bitcoin appreciates.

Most people invest in bitcoin for two purpose, either to make profits in the short term or the long term but having it in mind that bitcoin is an asset that its profits is more likely to be achieved in the long term so it is needless for anyone to have a short term target but since there are people that will always want to outsmart the market when their in an increase in the price, they will always be caught up in times when a DIP begins to occur when they expected an uptrend to make short term profits.

[Mpamaegbu]

This led me to asking this very critical question what type of a investor are you, do you always panic and sell off your assets in reacting to a Market change or are you a Fair whether investor or you believe in the long term property of Bitcoin.

Anybodi wey understand Bitcoin cycle supposed to dey play am like a "fair weather" investor as u tag am, honestly. D main reason for investing in anything na to make money. I nor see any reason wey go make an Investor get am clear sey Bitcoin wan dump and im nor go sell to rebuy later. Dat wan nor show smartness na, at all at all. You sell and rebuy cheap, na im dey make persin make money for dis industry. So, shame nor dey there for anybodi wey dey do am. In fact, anybodi wey dey package like dat sabi wetin im dey do.

[Merit.s]

We all have our different reasons for joining the cryptospace. I joined because I see bitcoin as a future changer for me if I can only buy and hodli for long term. This means that I am a long-term hodler and my aim is to continue accumulating bitcoin irrespective of the market condition.

Some came into this space for quick profits which is the reason why they will always panic and sell.

[Olatundespo]

Depending on the type of investment, you will make progress or lose your wealth through losses. Some want to focus on short-term trading and some are attracted to long-term investments. Among these two categories, new investors have a trading mindset. They are the ones who over time understand the market situation and gain experience and focus on long term Bitcoin investments.

I initially started trading with the expectation of high profits but that method was the cause of losses for me. Through market analysis I decided to invest in Bitcoin and I accumulate Bitcoin in the DCA method. This method has created a sense of fair for me, especially considering the financial situation and in terms of reducing additional risk because I do DCA through discretionary income. This method is buying Bitcoin regardless of its price because in the market volatility you should stay steady and accumulate Bitcoin every week.

[Mhizlove]

I will say that bitcoin isn't for everyone to do or not everyone has the mindset to invest on bitcoin, reasons because some people are not okay or comfortable when the price goes up even a slight drop can make them to panic while for others they see it as a long term
Plan and they don't panic,they rather stay calm no matter how the market looks like.

So I will say that before you put your money, you have to get this mindset if you can be strong no matter how the market changes, have the belief and don't forget to plan on long term or you are just hoping for a quick profits. This kind of mindset will determine if you can handle Market changes.

[SmartCharpa]

Crypto currency is always considered as a volatile asset by many people, especially Bitcoin and so when ever Bitcoin is mentioned many people get skeptical about investing in Bitcoin.Because to them Bitcoin is not worth taking the risk going by it volatile nature and this fear is also exhibited by those who has been able to summon up courage to invest in Bitcoin, and this is seen when ever there is a change in the market in terms of a change in the price of Bitcoin. When ever there is a change in the market investors also react to it there are investors who quickly sell off their assets due to fear of lose, while there are also a group of investors who continue to accumulate despite the dip that Bitcoin may be experiencing.

This led me to asking this very critical question what type of a investor are you, do you always panic and sell off your assets in reacting to a Market change or are you a Fair whether investor or you believe in the long term property of Bitcoin. I want to say that when ever someone wants to invest in Bitcoin the very question that should be asked first is an I going into Bitcoin out of convictions or is just going into Bitcoin for a quick opportunity of making money due to a change in price by going into the market and leaving when the price of Bitcoin appreciates.

As an investor why I go panic because say the market no operate the way I expected? From the beginning, I already know how the bitcoin work, so how would I sell my holdings? Unless these people no get interest to hold for a long time. If those people wey been dey hold for a decade now, of them no exercise patience, you think say they will be able to become successful today? Bitcoin investment no be something wey u go just dey make mouth say you dey hold, but you get the mind they see the market they fall anyhow?

If you no get the mind to hold when the market they fall anyhow, it’s not advisable for anyone to invest, because the way market they take fall many people will be very disappointed, and the way anything get advantage na so dem get disadvantage too, as the price they go up and we dey happy, na so the market will fall one day, if your aim is to get in for a quick profit, you will lose a lot of money.

[Wiwo]

The thing3be say, bitcoin investment na the kind investment where individuals have the right to make their own research and to understand the market and how best he can approach the market, alot of bitcoin investors make the mistake of failing to take profits when they have the chance to I mean when market is selling at high price, they believe that the market will keep going up way all the way.

Not minding to take into consideration the possibility of market dump which will definitely come along the way, so the main advantage of bitcoin investment remains with those investors that have understanding of the bitcoin market cycle.