Like everthing else, crypto traders come in different shapes and forms. Which category do you fall into? Let’s have a look. Credits: @hotsauceislethal.
* This is an open list, feel free to add your entry, but no spamming please*
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1 The Bear
Characteristic:
Waits for the market to crash and rakes up as many cheap coins as they could. Sometimes they might even sell their own coins to facilitate the process. -
2 The Bull
Characteristic:
Stack up as much as possible while the market is surging. Pays whatever the market offers without second thoughts. -
Characteristic:
Actively hunting for coins that are trending or under major pump to make a quick return upon the hyperbolic growth. Taking quick profits when the market is high by scalping. -
Characteristic:
Sets multiple buy orders WAY below the current prices in case that there is a flash crash on the market. -
Characteristic:
"HOLD ON TO YOUR DEAR LIFE!!!"
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Characteristic:
Panic sells their coins at the slightest sign of price drops and most often than not lead to dumping everything they own at once out of FUD -
Characteristic:
Only buy when the market is surging. Always under a pervasive apprehension that other people might be enjoying rewarding experiences from which they are excluded
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Characteristic:
Stacking up diverse types of trending coins and hoping that some of them will eventually "moon" one day. -
Characteristic:
Only target coins that are trending and always inclined to go all-in on their cryptocurrency of choice. Upon purchasing, they would subsequently start their shilling quest and influencing everyone into buying the same coin they just bought -
Characteristic:
Tend to trade consistently between fiat and cryptocurrency to generate a profit. Never hold onto a large amount of cryptocurrency in their portfolio at once
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Characteristic:
Only holds Bitcoin in their portfolio on the grounds that it is unmistakably the leader of the crypto kingdom. Mocks and snickers at alt-coin holders.
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