Hello steemians,
Today we will be looking into the things that differentiate an investor from an speculator and how each of them contribute to the community in which they put their money in.
Disclaimer:Everything said here is my personal opinion, not financial advised, before investing on anything you should do your own research before.
Source: pixabay.com
Speculator
1- A speculator does not care about the long-term gains
If there is something that identifies a speculator from an investor is the fact that they are only there to earn money and FAST. This means that they are just there because they think it is gonna rise in the short-term, after that they will just dump their coins.
2- A speculator does not care about the technology, the project nor the community behind the crypto they put their money in
Due to the fact that they are only going to hodl the coin for 1 or 2 weeks at most they just don't even care whether the important facts such as the technology, the team or the community.
Example:
Consider a speculator buying Steem:
1-He/She would not interact with the community or read their opinions.
2-He/She would not power up
3-He/She would not even learn about Proof of Brain and the Graphene Technology
4-After a week he would dump the coins and walk away without even knowing what he put money in.
3- For a speculator the asset he/she buys doesn't need to have value
If you remember the tulip bubble you know what I am talking, it just needs a bunch of retards (pardon my language) in order to give it tremendous value (price rise) until it pops with nothing to back it.
Source: pixabay.com
4- Greed
If there is one thing that most speculators have in common is their greed (not all of them of course).
Investor
1- Extensive research before buying
An investor will study the project, the technology, the team and the community before buying.
2- Long-term value
For an investor it shouldn't matter whether the price of the coin is 1$ or 2$ from one day to another because the technology hasn't changed because it dropped 50% or had a 400% increase, the community, the team, the project's vision and the technology behind it are the same no matter how hard it dips or how high it flies.
An investor knows it and takes it into advantage by buying at the lowest points not being afraid because he/she believes in the technology and by not panic-selling, this guys are capable of hodling for several years before selling giving them huge profits.
3- Community support and feedback
An investor wants the project to develop and improve so you will frequently identify them by the one who is constantly giving feedback for improvement.
4- Once an investor founds a crypto that fits into his/her ideas he/she won't let the project down
This type of investors are so valuable for a project to continue rising, they will be there forever supporting, you can compare them with the friends that will help throughout your entire life.
Which one I am?
I consider myself as an investor, that is why I chose the coins I invest in carefully, Steem has been so far my best investment choice.
Which type are you?
Feel free to let me know down below in the comments which type are you, a speculator or an investor, and your opinions about the thoughts expressed in this post.
