What type of investor are you?

[Creeper0]

I am willing to add my name to the list of investors who are not affected by the market. That is, committed to long-term investment. My investment journey is not very long now, I am still in the initial journey of investment. However, my confidence in Bitcoin and knowledge of Bitcoin encourage me to be a long-term holder.

Most investors start investing with a long-term plan, but the unstable situation of the market and the unexpected decline are enough to create panic in the minds of those investors. Many sell their investments under the influence of that fear and there are some investors who enjoy that time. I want to be on the list of those people and try to be.

[Jubilee58]

Bitcoin is a cryptocurrency that rewards long term investors and as we all know Bitcoin is not a ponzi scheme that promises quick and high return in a short period of time.

As for me, am in for Long term bitcoin investment. We can see right now that Bitcoin is showing a bearish trend making some investors to panic, more especially those who don't understand the bitcoin market very well, and at thesame time we are also hearing the news how institutional investors like Micheal Saylor has also bought bitcoin worth of billions of dollars, which means the investors who understands the bitcoin market are taking advantage of the bear market to accumulate more Bitcoin instead of selling.

[Hypnotizer]

“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.

The definition of “weak hand” is entirely different from that of investors who sell when they’ve archived their goals even though it is short term, Weak Hands are the ones who can’t Hodl their coins during dips or corrections and they mostly panic sell leading them to losses.

Investors selling off their coins whenever they like isn’t an act of being weak but if the selling has to do with the market swings or correction (Panic-selling) then they’re definitely weak hands.

[Fiatless]

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.

Last year almost every Nigerian was into crypto. We saw different kinds of tokens which include those that were mined through Telegram. The reason why many people were interested was because the price of Bitcoin and others were rising. Weak hands are moved by the price movement. They get involved during the bull run and avoid the industry when the bear market sets in. They are not aware that the best time to buy Bitcoin is when the price is dropping.

Panic and selling off prematurely lead to losses. I strongly believe in the long-term potential of Bitcoin.

[Callido]

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.

Mature minds know they don't get pushed into what they are not convinced yet to partake in, investing in Bitcoin out of conviction is something childish to do. Nobody tells us to put our hands inside fire, and we do, who gets the burn?

Investing in Bitcoin should be done at one's own will, study the market, and get introduced by starting gradually, learn how to protect and secure, and where to store the coins. There is no gain in panicking if there is a clear understanding of the market behavior.

[Felicity_Tide]

~snip

 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.

What I quoted above is what actually differentiates institutional investors from your normal investors. Only a very few regular investors, understands the game of these institutions, and that is to Invest in an asset for a very long term. Majority of these big institutions are never partaking in short term investments/pani sell because they clearly understand that moments like that are most times never profitable enough. Take a look at Strategy for example, they've been buying for more than 5 years now _{(if I still remember correctly)}, and so far, they haven't made attempts to even sell during moments of panic. These institutions clearly have a blueprint and steps for their investment, which is mostly a long term plan, and regular individuals who are smart enough should as well do the same I guess.