Is there a 3rd type of person in Crypto? (between Investor & Daytrader)steemCreated with Sketch.

in #steemit8 years ago

I'm always hearing that there's only 2 types of people involved in crypto, the Investor and the Day Trader.

I'm wondering if it is possible to be in the middle?

For example, I almost NEVER sell all of a certain coin, I usually just "shave" a little bit off the tops of coins that are doing well and re-invest that BTC into other altcoins I have faith in.

Does that make me a Day Trader, even though most of my coins are untouched? I'm just gradually diversifying a little bit.

I'm curious what some of you think, because I'm sure I'm not the only one who seems to be between 2 worlds!

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Agreed, i daytrade a little, lend a little, hold a little. I aim to hold a little of all coins on polo.

How exactly does the lending work?

On polo there is a option to lend. Mover your coin from exchange to lending, set the interest % and how long lend. Put your offer up, dont set it % to high as your competing with other lenders. Thats it polo take 15% of your interest in return for offering the service.

I do the same i believe ripple steem siacoin and vox litecoin and stratis all have potential

What do you think about the fact that XRP is leaning more towards banking institutions, etc? A lot of people hate on Ripple because of this. I'm also curious your favorite aspects of both Vox and Stratis!

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