Hello dear ones, today we will talk about the types of traders in the cryptocurrency market, and you can determine which type you belong to. First, traders in the crypto market fall into two main categories: investors and speculators. Investors are divided into three types: long-term investors, medium-term investors, and short-term investors. Each of these categories has a detailed explanation and different strategies, which I will summarize quickly. Long-term investors simply invest a sum of money in one or two currencies that they expect to rise in the long term, and as they say, they 'sleep on their currencies' for a relatively long period, like a year or a little less or more. Medium-term investors do the same thing but for a shorter period, such as six months or less, and sometimes they change the amounts, either adding or reducing, while increasing diversification. Short-term investors do not exceed their investment period of three months; they are the ones looking for fast-moving currencies and diversifying their portfolios, continuously monitoring and changing their positions and amounts, and sometimes the currencies throughout that period. As for the second category, which is speculators, there are several types, and I will discuss them in detail in a future post. Don't forget to follow $INIT and $MUBARAK ; this is not an invitation to trade, but an invitation to reflect.
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