Market players

Altcoin has a variety of market players. The actors make up the drama of altcoin trading. Without any of these groups modern altcoin trading as we understand it could not exist.

These players can be roughly categorized in several groups.

• Miners
• Newbs
• Traders
• Investors
• Whales

If you plan on trading altcoins you have to keep each of these different actors in mind. They do not act exactly the same in all cases but there are general patterns their behavior follows.