Are you a Trader or an Investor ?

In the crypto world we have two distinct personalities, One is the Trader while the other is the Investor. Some of Us join the crypto world playing the trader game and expecting the Investor's gain.

It doesn't work that way.

Let's dive deep!

Some years back Bitcoin was worth less than a dollar, today it is worth over 60k dollars. If you had bought yourself this singular investment and had waited patiently then you should be over 60k richer yea that's the Investor's mindset. It takes time which maybe days, weeks, months and running into years to grow. The investor buys a coin with great prospects and waits like the patiently till it hits his target range.

Who is then a Trader, he is not interested in longterm prospects of the coin. Just target the deep fall, buy it and sell when everywhere turns rosy. Yea we make more money as traders than as investors but you just have to choose your wars and the optimal strategy for best returns.

Don't buy a coin today and expect a thousand times increase in a singular day. There is no magic in the crypto world!