I have been checking various crypto exchanges and I find that most of them are suitable for traders having a large amount of crypto. Very few are suitable for workers who receive crypto payment. What percentage of crypto holders are mainly traders?
Are most crypto holders traders?
- Thread starter neku
- Start date
I don't think that this is the case in reality, because these are completely different categories of people who have different attitudes towards cryptocurrency. In my opinion, those who trade do not keep cryptocurrency for profit, because they can earn much more and faster from trading
The people that hold crypto the most are obviously traders. They trade as a daily business and hold large amounts of crypto for that purpose in case any trade comes in at anytime.
I would not agree with you. Holders hold crypto until price don't go up in bull. Sometimes they hold same crypto for several years.
Traders trade every day. They don't hold it long term. In first chance when they see some profit, they sell crypto.
That's true. But it is the traders that really keep the system going because they're are the ones that buy the crypto frequently. They seem to be the ones that determine market price.
