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Understanding crypto bag holders and their mindset

The freedom to stick to what makes the most sense financially sprouted various classes of investors, each distinguished by their intent behind crypto investments.

For the first time in centuries, banknotes have found real competitors in this era. When Bitcoin was first unveiled in 2009, Fiat's ecosystem faced the test of not only confirming its value in day-to-day transactions, but also maintaining the project investment ecosystem it helped create.

Over the years, the data encryption ecosystem has deeply attracted people from a variety of industries, based on their distinctive financing needs, while making up for the huge gaps left by Fiat's automotive ecosystem. If most people in the world are hesitant to try to decipher the true potential of cryptocurrencies, the first bitcoin multimillionaires turned investors' attention to the budding ecosystem.

Insisting on the most surprising financial rights promotes a wide range of investors, each of which varies because of the intentions behind their login password projects. According to the overall approach adopted by investors, the values of the owner of the login password bag can be divided into four categories: Maxanists, idlers, followers and investors.

A gigantic.

From the day Bitcoin was used as a loan coin on the dark network to demonstrate its leading position in cross-border ecommerce, many investors carried a true P2P currency system for the first time. Then came the service pledge to insist on using Bitcoin and see it run over the entity line of autocratic monarchy and put power in the hands of ordinary people again.

This omni-directional application of Bitcoin, and its firm belief that Bitcoin is the only real substitute for economic development required by law, has promoted the technical term Bitcoin. Bitcoin magnists have time and again suggested that community members accumulate property during a bear market. They often propose to buy DIP--, a process that involves encrypting project investment data in a depressed market. Over the past decade, this proposal has been certified.

But giant realism is not tied to bitcoin. It is also evolving in other login password ecosystems. Investor account and password enthusiasts have for years focused on the growth of their preferred blockchain and cryptocurrency, and his belief is similar to the famous saying of Bitcoin. ETH, Dogecoin (Doge), Akita (Shiba Inu) and XRP (XRP) are one of the few leading cryptocurrencies that have won loyal bigwigs over the years, and they once again promote the energy of separate tokens.

HODLers

Hodler is the kind of data encryption investor who believes in long-term investments. Instead of worrying about notoriously volatile markets, such investors are committed to accumulating cryptocurrency dynamic passwords over time.

Hodler can find it in all the login password ecosystems and is called very tense in it. For a new bitcoin gamer, the desire behind pampering is to accumulate at least one bitcoin over time. After a lot of diminishing cycle time and the resulting scarcity of resources, the Bitcoin holder looks forward to a future in which his project investment will lead to incredible returns under currency conditions in the past.

Fully considering that investors can accumulate a large bag of tokens with lower capital, it seems easier for other cryptocurrencies to achieve this ideal. Some millennials and Generation Z are more likely to buy thousands of emoticons, hoping to win awards during the bull market.

FOMOER

Fomoers is a subset of investors who are the last to make a major error in the transaction. FOMO is the abbreviation of "fear of missing an opportunity", which contains the anxiety of price fluctuations.

Investors usually react negatively to each market situation. When the price of a cryptocurrency rises, such investors buy a large number of tokens and expect prices to continue to rise. However, this approach does not always produce fruitful results. Therefore, they usually end up buying the top and selling the bottom.

To solve this kind of way of thinking, we must generally study the sales market scientifically, while putting aside the noise of misreporting. In addition, well-known truth entrepreneurs often do not recommend the use of FOMO and ask the general public to pay more attention to the scene.

businessman

This is a very straightforward investor who focuses on day-to-day prices to explore profit opportunities. Traders pay close attention to hot spots, a new situation development and regulatory regulations to take into account the response of the sales market.

No matter whether the price is up or down, traders are prepared to take advantage of market changes to make profits based on rising or bearish trades. The need for trading liquidity dynamic passwords requires traders to store a large amount of property in the login password trading center. But the defeat of FTX in 2022 is a reminder that self-escrow is the best way to store cryptocurrencies.

In real life, each different login password holder understands the real development strategy, and they can make a lot of money buying and selling cryptocurrencies. Take a look at how Cointelegraph Markets ProVIP achieves 120x returns with the support of cutting-edge artificial intelligence algorithms and trading opportunity news reporting indicators.

by wjb news
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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