Everix Edge has a France-facing website that serves as a conduit between new crypto investors and experts on stratégies d’investissement to facilitate the former’s research and learning needs. In many cases, crypto investors buy alternative money like Bitcoins (BTC) yet get affected by all the news, hype and regulatory actions regarding the volatile BTC market. That is why having knowledge of relevant investment strategies is important, especially when it comes to investing in crypto money as volatile as bitcoin.
Fortunately for digital money investors in France, French authorities regulate the trade of digital assets, as well as the marketing and promotional campaigns in order to protect cryptocurrency investors.
Still, the first step to make when seeking information about investment strategies is to determine your type as an investor. This is important especially when it comes to putting your money in bitcoin, as several factors like protocols and location can come into play. Protocols in cryptocurrency by the way, are the basic sets of rules that establish the blockchain, which is the distribution database that facilitates the trade and exchange of cryptocurrencies across the Internet.
Two Types of Cryptocurrency Investor
Fundamentally, there are two types of cryptocurrency investors, namely: The Trader and The Holder.
Regardless of the type to which you belong, always bear in mind that the prices of the altcoins listed in the digital market tend to be affected by significant price changes of bitcoin. You can find lists of the most widely accepted alternative coins at Cryptocurrency Exchange sites that facilitate exchanges between traders and buyers.
The Trader
A cryptocurrency investor is a trader if he usually buys digital money when the current price is low and sells them over a short period of time, but only when the related price goes up in order to gain even small profits. Traders make use of the cryptocurrency’s volatile and fast-paced market. Although doing so requires strength of mind in understanding the current conditions. That way, they can use relevant information in making the right trading decisions and in overcoming the challenges of crypto trading
psychology.
The Holder
A cryptocurrency holder uses a strategy that requires patience and strong faith in the cycle of the digital market, which always involves upward and downward trends. Holding is a low-risk strategy of keeping one’s cryptocurrency investment intact, up to a time when market conditions exhibit optimum profitability.
This crypto investing strategy usually works for those who do not have the time to keep track of all the changes and events taking place that could influence price changes in the digital assets market. Moreover, they can afford to hold their crypto money for longer periods because they have no urgent need for the money they invested in the cryptocurrency,