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.

[programmer3666]

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 as a process of long term investment Wch any sudden price fall should not trigger your emotions and want to sell out of 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 next bull market 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.

I consider myself more like a serial investor. I like to invest in any legitimate opportunity that can bring good or steady profit. It is not just about one type of investment for me, I am open to different options as long as they make sense. I also enjoy investing in ideas, even small ones, especially from people close to me. Most times, it is my friends. I see it as a way of supporting them and also creating another small source of income for myself. At least from those little investments, I know something can always come in and at the same time, it motivates people around me to keep pushing their ideas as well.

[Joy_learns_crypto]

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.

Conviction is your person believe and it is not childish but good, not having your own conviction is like putting your hands in fire because someone else told you to do so.
I concede to you that before you invest in bitcoin you need to do it at your own will and the learning you should embark on should be done by you.

[Byebyebtc]

Volatility is part of any investment assets, the real problem isn't about the volatility,.it is rather how you react to the volatility,

And from what I have come to understand, most people are emotional when it come to volatility because of 2 reason

1, short term profits mind set
2, investing with money that isn't discretionary income
Investing with discretionary income isn't only about risk management, its also about emotional stability, the money didn't really cost you much, so you don't mind loosing it (no emotion Money).
Short term profits investors get emotional when they see losses, but if it's a long term investments he or she will care less about it

So make sure you work on these 2

[Shadiq]

I am one of those investors who cannot enjoy both bear markets and bull markets. Although bull markets are not scary for investors, this time attracts investors to make mistakes. Many have fallen into that trap and lost their investment funds due to the greed for small profits. I am not one of those people. Rather, I am happy to keep the DCA running and see my wealth increase.

I am most active in bear markets. Basically, I enjoy bear markets more. It encourages me to jump into more investments rather than scare me. While many people start selling out of fear, I continue to take advantage of bear markets by looking at the target.

[L E G E N D A R Y]

Conviction is your person believe and it is not childish but good, not having your own conviction is like putting your hands in fire because someone else told you to do so.
I concede to you that before you invest in bitcoin you need to do it at your own will and the learning you should embark on should be done by you.

Funny enough, I see a lot of people investing or buying bitcoin and when I ask them what their investment goals are, from their response I figure out that they don’t even have any clear goals at all, and that they’re only investing because someone else is doing so or they heard from somewhere about how profitable bitcoin investment and they delve even without doing their due diligence. This is very pathetic because anything can happen at any point in time.

[SPIDERMAN008]

I am one of those investors who cannot enjoy both bear markets and bull markets. Although bull markets are not scary for investors, this time attracts investors to make mistakes. Many have fallen into that trap and lost their investment funds due to the greed for small profits. I am not one of those people. Rather, I am happy to keep the DCA running and see my wealth increase.

I am most active in bear markets. Basically, I enjoy bear markets more. It encourages me to jump into more investments rather than scare me. While many people start selling out of fear, I continue to take advantage of bear markets by looking at the target.

In the bear market, there is an opportunity to accumulate Bitcoin. There is an opportunity to buy more Bitcoin at a lower price. At this time, Bitcoin can be bought aggressively from discretionary income. Many people wait to buy at the dip. But in this case, time is wasted and opportunities are lost. Like you, I also give high priority to doing DCA as the most perfect way. DCA reduces the financial and mental stress of the investor. Now middle class people prefer to invest in DCA method. And this is increasing day by day.

[OsaiEmma]

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.

I'll say I'm a hodler. I think it basically boils down to what your end goal is. If you are investing in Bitcoin to make fast profits, then you'll panic sell, but if you see Bitcoin as a retirement plan, then you'll keep on hodling for long certainly.

So I think the question is, what vision do you have as a bitcoin investor, are you in for quick gains or long term ones. Cause Bitcoin is more profitable long term than short. Short term investment have so many complications, risk factor, and stress, you might fall into loss, and that's why people panic sell because they don't want to loose their capital or returns.

[Yablee0]

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.

You are right, every body is in title of his or her personal decisions in life, nobody  should be forced in taking any decisions against his wish , moreover it's more better making your own decision yourself so you can be accountable for your actions in future.

Normally, Bitcoin is more profitable on a long run than shot terms but some desperate folks will not see that or wouldn't want to wait till the due day, all they are interested in is having a big bag in a short term which is likely gambling, but it's fine, experience is the greatest teacher in life maybe when they  have learned the hard way (lost a huge sum) they will understand better why it's always advice going for the long term plan than the short term.

[Cityhunter34]

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.

We should always remember the fact that Bitcoin investment it's a personal decision because I don't know why most people are still getting it twisted by trying to make a decision for another person. However, as long as Bitcoin investment is concerned there's no how everybody would have the same target, it's absolutely not possible at all because is all about what you are looking for nothing more than that so there's nothing to worry about as long as you are keeping it smoothly with what you can afford to lose because that is the main goal about Bitcoin investment.

[Crypto_Timothy]

This led me to asking this very critical question what type of a investor are you

For me, I do feel like the main thing is your mindset even before you invest, if you are just entering Bitcoin to make quick money because that is how it was sold to you, you will most likely panic especially when things go wrong or even when things just shake a little, all just because your mind is not comfortable with the market but then if you actually believe in it for the long term, you might be more patient when the market drops or misbehaves.

This is basically why before you invest in any thing you actually have to make research and be confident in it because investment in itself comes with uncertainty but then because you believe in it, you decided to invest. I would just say commit otherwise don't invest in the first place and keep your money while still making research.

[POPOLUV]

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.

During that last year when Nigerian was into crypto i really gather so much experience and which i was able to come across so many tokens that people was seriously mining through telegram, to be honest with you that was my experience knowing anything related to cryptocurrency because i was seriously mining different coins at a time till one day a friend of mine advised me to channel my efforts of mining into investing in Bitcoin and is from their i develop the interest of investing in Bitcoin and joining in the forum because I'm already exposed in some of  crypto world and some of the  things was not strange anymore to me. So since then i have been making use long term investment with the help of DCA strategy which permits me to be buying gradually by gradually.

[LOVER BOY 422]

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.

I'm an investor that buy at anytime with the little money I have which is my descretionary income without regret in as much as Bitcoin investment is concerned I buy at anytime, instead of selling I buy to grow more in future because Bitcoin investment belongs to the future.

[Mpamaegbu]

I'm an investor that buy at anytime with the little money I have which is my descretionary income without regret...

Nothing dey wrong wit wetin u dey do. Na DCA we dey call am but I know sey e dey dey betta to do DCA wit a knowledge of TA (Technical Analysis) so dat we go get am clearer. I dey DCA too but I dey like do am from support area so dat d confidence sey price nor go too fall from wen I buy go dey there. Even if price break dat support, I go expect am to hit anoda support before I go rush enta again. Na from higher time frame too betta pass to do am from.

[Dareo]

-snip-
Normally, Bitcoin is more profitable on a long run than shot terms but some desperate folks will not see that or wouldn't want to wait till the due day, all they are interested in is having a big bag in a short term which is likely gambling, but it's fine, experience is the greatest teacher in life maybe when they  have learned the hard way (lost a huge sum) they will understand better why it's always advice going for the long term plan than the short term.

Well everyone who is looking for profit in the short term is not just greedy sometimes their situation is such that they want quick returns. So they look for opportunities in the short term despite knowing the risk. But yes the reality is the market does not spare anyone. If you are not patient most of the time people enter at the wrong time and exit at the wrong time. So in my opinion short term or long term whatever it is you need to have a clear plan first. Otherwise the decision becomes one of emotion rather than your own.