10 types of crypto investors
Every ICO needs to know the different types of crypto investors in order to understand how the market works. After launching 40 ICOs, Tokenget has created a light hearted image of the different types of crypto investors that might brighten the last bearish days.
The rich ICO guys are sometimes new money boys and the only way you can recognize them is by seeing their profile picture where they have Vitalik or Changpeng Zhao (CEO of Binance) frowning next to them. Only this picture increases their LinkedIn connection requests from 2 to 200 per day. Those people like to return the favor and they like to invest in other ICOs.
Participating in airdrops is their day job. They possess coins in Top 100 worst currencies on Coinmarketcap, which have generated something that totals around 120 green heads. Usually those guys have a gazillion fake facebook profiles and their newsfeed is full of ICO explainer videos.
- Early adopters
“Well, I started mining in 2010” Those guys used to spend 30 Bitcoins in games or to buy weed from Silkroad. They want to stress that they also bought Ether at $19 and if you ask them, this is their greatest achievement in life. They say that just 100 people and the Bulgarian government own 40% of all the circulating Bitcoins. Well, this guy is one of them.
- Lambo fans
Terms used: Moon, Lambo, +1000%. If you have told them about Bitcoin in early 2017 they would have probably have said, “Oh, that’s definitely a bubble, have you heard about the Tulip Mania?”. Now they use 10:1 leverage to ensure maximum profit.
Mysterious groups from Korea or Japan that have access to huge networks that might invest. Syndicates usually claim that they invest in quality ICOs, so rich corporate guys are trying to get subscribed to syndicates in a hope to get an email saying: “OK boys, you can buy those tokens with 80% discount”. Sometimes those guys are called the Pump & Dump brigade.
Little ad: Tokenget’s platform actually has quite a good tool for syndicates, that have helped numerous ICOs to attract private investors.
- Telegram signal guys
Participate in at least 10 telegram groups and even pay to get access and use strange terms and Italian mathematicians or something to define how the cryptocurrencies prices are going to be. Every day at least half of the participants are claiming that they have found the bottom. A lot of them are actually buying at every dip there is.
Big guns that get 1000 emails from desperate ICOs. The VCs tend to visit a number of crypto events where they meet ICOs that are eager to get investment from them. Three months earlier ICOs were like “VCs are something from the past”. VCs are very open to invest in ICOs, but when it comes to pitch, your emails are sent somewhere in void. I’m looking at you Tim Draper, when are you going to check my desperate emails!
- The sucker
Bought Bitcoin at $18,000 after finally watching a Youtube video how to create a wallet or how to register at Coinbase. Usually, their friends have advised them to invest whatever they are ready to lose, so they have sold almost all their possessions and the least favorite pet.
- The day trader
Works as software engineer for 3 hours per day, the next 16 hours of the time is spent selling and buying crypto coins. You would recognize those guys by the dark circles under their eyes.
Those guys are buying, because some other dude in their office told them that IOTA would go crazy. They don’t know what blockchain is or how Bitcoin works. Those spend a lot of time in Facebook groups and hope to see a big “Partnership” announcement that would make them a millionaire. Sometimes the price looks good, but by the time they figure how hardware wallets work, the Bitcoin price drops by $300.
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