Are you a speculator (aka day trader) or an investor in this crypto world of ours...

Are you a speculator (aka day trader) or an investor in this crypto world of ours? Do you call out speculators as a real backer or you understand opportunity and let them be (and act as one ocasionally)?

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As a. SKY early backer I really don't feel that day traders are doing any good to the project, they just increase the volatility of the market and that of the project in particular

true fren, but they can also increase the volume quite a lot, acting like a snowball that rolls down the hill, bringing in more players from the market.. dont you think?

Yeah, until they dump hard, first quarter was quite stormy for SKY cause of them, devs working hard for the coin to go up. I stand by real, long term backers!

Prefer to consider myself an investor, rather a day trader. But I act sometimes like a day trader, especially when the market is volatile and things are going there. Otherwise, I prefer to invest long term.

speculators are drawn to SKY since its a 3rd gen coin and performing extremely well... they just coexist with real backers, that s how its got to be

Don't be a degenerate gambler, so invest to projects you believe in if you deem the current price to be right, then if the price go down just buy more.

Dunno how to try to time the selling tho, maybe sell 50% at the bull run.

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what you are saying is that speculators have a very well defined job to make the market work for SKY?

why is it that nobody complains when they are selling shares like crazy? maybe because you got loads of liquidity? if it gets listed then it s gonna trade bois, it s that simple. remember when SKY pumped to 40 bucks and your bags went 70x if you bought pre-ICO? did you get rich? the pump didnt happen cause of the "real backers", rest assured

Crypto speculators get a bad reputation. But but role do they play after all?
I consider them somehow as a necessary evil which tries to get out as much money as possible from the market. Which is not bad, we need this type of people as well. Look at alts.

But what crypto needs, SKY especially, is investors, traders interested in promoting the underlying technology, values and promises of the technology.

>not buying in 2012
>not being a long term holder
>not being a degenerate speculator with a dozen or so bitcoin just for fun

you ll have speculators wherever there s a good coin, that was the point. only difference between good and bad alts is that the good ones dont bleed to death after the speculators leave

OP Are you a speculator? (Up 1450%), or are you an investor? (Down 85%) OP YOU ARE NEITHER,YOU'RE A FGT

he gets paid just for breathing fren, you re out of his league

I literally give zero fucks about crypto and just want to make money off them.

>> a speculator

that's the point but what's your game?

Limit shitcoin involvment, buy when the market is sideways after a crash, sell when Jow Forums starts talking about quitting their jobs.

I think you have to make a difference between speculators and manipulators. Speculators are necessary for an efficient market to exist, manipulators are cheap scammers.

nice going if you re a speculator. as I was saying, even you re a necessary evil this does not mean you can just talk publicly about your endeavors

Well both are toxic for a coin and it's community though

I don't believe speculator and day traders are similar concepts, not even speculator and trader. How I would put it is gambler is to trader as speculator is to investor. There are differences and speculators may be more likely to play things to the short side, but funds usually allocate some capital to shorting as well (generally allocate more to the long side), but one can be a buy&hold speculator. Assets that are impossible to short tend to bubble up. In the end, it's not like we're here trying to generate a profit from using the protocols ourselves (in most cases). Service providers don't hold for long enough (leaving asides reserves) to cause an increase in price. It's the speculators bros.

With all that said, I make something like 1-6 trades a month on crypto. Last couple of weeks were a bit boring for me.