6 Types of Crypto Investors

[Heatman]

I think the holders will make much more profits than others because it is very difficult to predict Bitcoin's price, instead hold it and wait for the right time to take profits.

You can actually try telling that to someone who was holding Bitcoin when it was at the price of 65000 dollars per Bitcoin. The person is now in a very serious loss because there is no timeframe on when Bitcoin is going to come back to that same amount of money or even go past it.

 

[Good-Person]

You can actually try telling that to someone who was holding Bitcoin when it was at the price of 65000 dollars per Bitcoin. The person is now in a very serious loss because there is no timeframe on when Bitcoin is going to come back to that same amount of money or even go past it.

I already knew that investing in bitcoin at that time was a serious mistake and investing a huge amount of money could lead to losses. It was a temporary trend and the trend fade away quite quickly for all kinds of cryptocurrency investors. With the current economical problems and instability, the chances are that the value of bitcoin will not gain momentum any sooner.

 

[Heatman]

I already knew that investing in bitcoin at that time was a serious mistake and investing a huge amount of money could lead to losses. It was a temporary trend and the trend fade away quite quickly for all kinds of cryptocurrency investors. With the current economical problems and instability, the chances are that the value of bitcoin will not gain momentum any sooner.

The problem is that a lot of people were investing in cryptocurrency because they see other people doing it without having the knowledge of how they are supposed to operate in the crypto market. This is the reason why majority of them invested at the wrong time which saw most of their investment being in serious loss right now because of how the market have been for a very long time.