What are the types of traders?
There are several types of traders in digital currencies, including:
Day Traders: They buy and sell digital currencies on the same day, and rely on technical and technical analyzes to make their decisions.
Short-term Traders: Hold cryptocurrencies for a short period of time, ranging from days to weeks, and seek to make a quick profit from market fluctuations.
Long-term Traders: They view investing in digital currencies as an opportunity to obtain a long-term return on investment, and hold their portfolio for periods ranging from several months to years.
Automated Traders: They use software and automated systems to execute trades based on a specific set of rules and criteria, without
Direct human intervention.
Institutional Traders: These include large financial companies and investment funds that trade digital currencies in large volumes.
Traders' strategies depend on their investment objectives, the risks they can tolerate, the amount of time they are willing to invest, and their trading skills and experience.
To them I add parasitic traders, who are like a leech that tries to attach itself to anything that contains food and begins absorbing it without any trouble or effort.
