What type of trader are You

[ZAINmalik75]

Hi everyone, based on my experience trading, I've found that there are two types of crypto traders. The first type (No.1) sticks with the market through thick and thin, while the second type (No.2) takes breaks when the market seems to lack direction.

I might be among the second type of trader, possibly because I'm still trying to find my footing in the market. In unpredictable times like these, I find myself looking for other opportunities to earn.

 I've mentioned before that I take breaks and explore passive income opportunities, with staking being my top choice. I'd still appreciate more suggestions on how to navigate the space and discover more interesting opportunities. Please share if you know of any.

I will also call myself a second type of trader because there is nothing wrong in taking a break and letting the high volatility situation to pass. This way as a newbie we can save our money those who stick to the thin and thick of the market are experienced traders and they know how to make some opportunities available to them in a profitable way.

I also seek passive ways to make money and staking is not on my list I prefer other ways like holdings, investing in private sales, and joining paid airdrops which also benefit me with other bonuses like more allocation in private sales and early rewards, etc.

[taufik123]

-snip-
I also seek passive ways to make money and staking is not on my list I prefer other ways like holdings, investing in private sales, and joining paid airdrops which also benefit me with other bonuses like more allocation in private sales and early rewards, etc.

Paid airdrops?
so you pay to get some potential airdrops to work on and for bonuses like allocations isn't it like a private sale for some new projects, so you get more allocations specifically before the project is released to the public.

I also participated in several private sales, but there were more losses and projects that did not succeed in achieving the Hard cap target or projects that were not able to grow. It is better trade regularly to make more definite profits.

[_act_]

-snip-
I also seek passive ways to make money and staking is not on my list I prefer other ways like holdings, investing in private sales, and joining paid airdrops which also benefit me with other bonuses like more allocation in private sales and early rewards, etc.

Paid airdrops?
so you pay to get some potential airdrops to work on and for bonuses like allocations isn't it like a private sale for some new projects, so you get more allocations specifically before the project is released to the public.

I also participated in several private sales, but there were more losses and projects that did not succeed in achieving the Hard cap target or projects that were not able to grow. It is better trade regularly to make more definite profits.

Private sales are not airdrops. Airdrops supposed to be free. If it is getting to people should pay, that is a red flag already that you should know that the project is a scam. I have seen paid airgapped before and they are all scam. The most common one recently which is not directly an airdrop is Tapswap. I guess criminals are behind that project.

[Gurujebs]

Hi everyone, based on my experience trading, I've found that there are two types of crypto traders. The first type (No.1) sticks with the market through thick and thin, while the second type (No.2) takes breaks when the market seems to lack direction.

I might be among the second type of trader, possibly because I'm still trying to find my footing in the market. In unpredictable times like these, I find myself looking for other opportunities to earn.

 I've mentioned before that I take breaks and explore passive income opportunities, with staking being my top choice. I'd still appreciate more suggestions on how to navigate the space and discover more interesting opportunities. Please share if you know of any.

Majority of traders that I know works with the trend and doesn't really trade during the bear market. You see this large volume of trade you are seeing right now, if bear market should step in right now, most of them will vanish, like the volume will reduce drastically by 3 times the original volume we are seeing, this tells you that many people don't trade.

Such time should be for buying and staking but the duration shouldn't be that long because I do observe that such period do have high API to encourage staking so people don't sell but some locking mechanism comes with a condition which may prevent you from selling later in the future when the price start to rice again.

[jeraldskie11]

I thought what the OP means about the "type of trader" is that Day trader, scalper, swing trader, or etc. Well, I believe that I'm a second type of trader and I believe that most traders are second type. The trend is our friend, if we can't see a clear direction of the price we should avoid to trade because it will only give you low probability trades. Professional traders are mostly earning in trending markets. However, no matter what type of trader we are, the most important here is the profit, if we are profitable with it go with it.

[JISAN]

I thought what the OP means about the "type of trader" is that Day trader, scalper, swing trader, or etc. Well, I believe that I'm a second type of trader and I believe that most traders are second type. The trend is our friend, if we can't see a clear direction of the price we should avoid to trade because it will only give you low probability trades. Professional traders are mostly earning in trending markets. However, no matter what type of trader we are, the most important here is the profit, if we are profitable with it go with it.

No matter what type of trader you are, your main objective will be to profit. Type refers to your strategy. The better your strategy, the less likely you are to lose. Day trading is a very difficult task and there is a lot of risk involved due to which you cannot profit from it very easily. A good way to safely income or profit from crypto is by holding. So I want to be a good and patient holder rather than any type of trader. That alone can bring a better future. Apart from profit it will also protect us from inflation

[kulkhan]

I thought what the OP means about the "type of trader" is that Day trader, scalper, swing trader, or etc. Well, I believe that I'm a second type of trader and I believe that most traders are second type. The trend is our friend, if we can't see a clear direction of the price we should avoid to trade because it will only give you low probability trades. Professional traders are mostly earning in trending markets. However, no matter what type of trader we are, the most important here is the profit, if we are profitable with it go with it.

Yes i also think OP mean that. We know there are many kinds of trade available for trading. Some people like Day trade, Some people like scalpe and Swing trade even we saw many people like future trade. But Scalping is my favourite.
I am scalper i do this trade for short time. But some times it were long trade. When Market go my Against then i have to wait for long time. But normally i close my trade within 10 to 15 minutes. And i am profitable from thia kinds of trade.

[sampoerna]

-snip-
joining paid airdrops which also benefit me with other bonuses like more allocation in private sales and early rewards, etc.

Paid airdrops?
so you pay to get some potential airdrops to work on and for bonuses like allocations isn't it like a private sale for some new projects, so you get more allocations specifically before the project is released to the public.

I'm also a bit confused by his statement about "paid airdrops". Is it true that there are paid airdrops, or is it just a deposit to get rewards? Or is it possible that the airdrop actually pays us and gives rewards?

I don't know, but if it's really an airdrop and I have to spend money to join, then I will choose to leave and not do it.

If it's a private sale, maybe I will follow it, but of course, we will be much more careful and selective when choosing the project, because the risk is indeed very high for various new projects.

[Vx1]

Since crypto trading is not my main job, then in crypto trading I am quite relaxed. I usually trade long term, but it also depends on the situation and market conditions. If the market is busy, of course I trade short term, buy and sell in a fast tempo. Conversely, if the market is quiet, long-term trading will be the solution.

[Rruchi man]

Hi everyone, based on my experience trading, I've found that there are two types of crypto traders. The first type (No.1) sticks with the market through thick and thin, while the second type (No.2) takes breaks when the market seems to lack direction.

The first type of trader according to you that sticks with the market through thick and thin may not be actively trading in the markets while the market experience something that seems like a lack of direction. There's a certain confidence that comes when you have consistently monitored the market for a very long time, this is why some traders still monitor the market even though they do not actively place trades. During the periods when the market is experiencing a lack of direction, if you decide to give the market a break and do not look at the charts for a couple of days, whenever you come back and revisit it they will take a longer time trying to trace the market to predict its new movements.

[MUGNIA]

Hi everyone, based on my experience trading, I've found that there are two types of crypto traders. The first type (No.1) sticks with the market through thick and thin, while the second type (No.2) takes breaks when the market seems to lack direction.

I can say that I am the first and second option, because I sometimes get excited about trading if the coin I have goes up and waits for it to go down again,
I often do the 2nd option if I am bored with crypto and in this position I will not open my exchange and personal wallet at all until my mood returns

[legend45]

Hi everyone, based on my experience trading, I've found that there are two types of crypto traders. The first type (No.1) sticks with the market through thick and thin, while the second type (No.2) takes breaks when the market seems to lack direction.

I can say that I am the first and second option, because I sometimes get excited about trading if the coin I have goes up and waits for it to go down again,
I often do the 2nd option if I am bored with crypto and in this position I will not open my exchange and personal wallet at all until my mood returns

When the market improves and prices are more stable or rising, we have the spirit to trade. but when the market is correcting and we are stuck unable to sell our coins, we should just wait and not open the exchange. I also do the same thing as you, because when the correction occurs I want to buy potential coins while I don't have capital, I just watch and do other activities such as joining airdrops and bounties to get rewards.

[taufik123]

Private sales are not airdrops. Airdrops supposed to be free. If it is getting to people should pay, that is a red flag already that you should know that the project is a scam. I have seen paid airgapped before and they are all scam. The most common one recently which is not directly an airdrop is Tapswap. I guess criminals are behind that project.

Yes Syaa also thinks so, Airdrop is not a prvate sale, the two are very different. Airdrops can be done for free and private sales require capital to buy at a predetermined price.

Not only Tapswap but many game platforms that imitate like Notcoin which end up just scams and cheats.
Look at how Hamster Combat, there is no clarity and the best is DOGS which will now be listed on Tier 1 exchanges such as Binance, Bybit, OKX etc.

[Hatchy]

 I've mentioned before that I take breaks and explore passive income opportunities, with staking being my top choice. I'd still appreciate more suggestions on how to navigate the space and discover more interesting opportunities. Please share if you know of any.

What ever trader you are or what market you trade on, to be profitable you just apply some trading psychology and plans. Every successful trader understand this so well that they chose not to trade the market when it's not giving a clear trend. The market gives and can take back all it gave to you in one day. So you have to be smart to to loss it all. This is done by averaging the total amount you want to make in a day, or a week or even a !month and once your target is met, you simply exist the market no matter how good your next trade might look like. Once the market begins to look so real and you've made so much profit, expect to hit a loss. That's how it works. When it becomes too good to be true then it isn't. So you apply your risk management strategy to your wins and let the market play out.

[Crypto Library]

To be honest I am was an short-term trader in the beginning it's because of some tempting social influencer youtube videos. Later when I made start my trading I mean short term trading I loose and Loose and bearing the loss till now.

And after getting some experience in this crypto world I go for the long-term trading like holding the bitcoin with the DCA strategy so for now you can assume me as a long-term trader. And I felt safe to be long-term trader on bitcoin with the DCA method.