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Economy => Trading Discussion => Topic started by: chrahamyah on May 04, 2021, 09:32:56 PM



Title: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: chrahamyah on May 04, 2021, 09:32:56 PM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: boyptc on May 04, 2021, 09:44:21 PM
I haven't seen any statistics about that. But for the projects that are becoming successful, you define what's success to you and they also have their own definition of success.

And for individuals, IMHO and own stats, I think we're more that have sold at profit and even those who have sold lower, they're still in profit upon selling.

There's no exact number or percentage about it.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: agustina2 on May 04, 2021, 09:55:27 PM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?

There is no source of that. For what purpose?

If you are looking for a percentage of those who succeed just to have a view of what will you do next, then you should change that idea.

And what's success means to you? Able to bag thousands? millions?


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Lanatsa on May 04, 2021, 09:56:06 PM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you
There's no specific number because if you do try to look the entire crypto market in terms of marketcap or liquidity then you can tell that lots had make out some involvement.

and on the question on how many did succeed in terms of percentage? No one knows. Its not possible to know neither someone is losing or making money.

So I wont be bothering myself on finding the numbers because you would just basically be stressing out yourself on this matter.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: AmoreJaz on May 04, 2021, 10:01:32 PM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you
There's no specific number because if you do try to look the entire crypto market in terms of marketcap or liquidity then you can tell that lots had make out some involvement.

and on the question on how many did succeed in terms of percentage? No one knows. Its not possible to know neither someone is losing or making money.

So I wont be bothering myself on finding the numbers because you would just basically be stressing out yourself on this matter.

exactly! those figures are hard to come up with. just remember that  almost all crypto users around the world are anonymous, so how can you get stats on that? also, most crypto users at one point lost in trading. how can you derive some stats from that kind of situation?
and regards with the number of people, still a tedious job to do. most blockchain projects that are anonymous dont disclose how many are truly working on their project. so this as well, is hard to get the real numbers.
i guess, the OP can just forget those, unless he wants to go crazy finding those numbers...


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: boty on May 04, 2021, 11:08:35 PM
there is certain statistic or market report about people that  success in cryptocurrency .but so far i know , not more than 10% from total investor or traders. this market will be killing fields for beginner with minimum preparation when start trading. i know most of them thinking this market could make them be rich person only in a night , but they dont thing if could be poor man in a night too. its have high risk for unskill traders and very dangerous for their money.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Lanatsa on May 04, 2021, 11:57:16 PM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you
There's no specific number because if you do try to look the entire crypto market in terms of marketcap or liquidity then you can tell that lots had make out some involvement.

and on the question on how many did succeed in terms of percentage? No one knows. Its not possible to know neither someone is losing or making money.

So I wont be bothering myself on finding the numbers because you would just basically be stressing out yourself on this matter.

exactly! those figures are hard to come up with. just remember that  almost all crypto users around the world are anonymous, so how can you get stats on that? also, most crypto users at one point lost in trading. how can you derive some stats from that kind of situation?
and regards with the number of people, still a tedious job to do. most blockchain projects that are anonymous dont disclose how many are truly working on their project. so this as well, is hard to get the real numbers.
i guess, the OP can just forget those, unless he wants to go crazy finding those numbers...
This is what im saying on which its a bit pointless on trying to research about these numbers because it wouldn't really be that precise due to continuous adoption and recognition..

and with all the project and coins that we do have in the market then it is really hard to find off if you are really aiming to know the statistics.

Lastly, this is really indeed a tedious task or very big work to be done.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Sinjokubhi on May 05, 2021, 01:02:18 AM
I haven't seen any statistics about that. But for the projects that are becoming successful, you define what's success to you and they also have their own definition of success.

And for individuals, IMHO and own stats, I think we're more that have sold at profit and even those who have sold lower, they're still in profit upon selling.

There's no exact number or percentage about it.


I think so too, no number of percentages can be stated with certainty about this. It is about how you manage and carry out any form of trade or investment. When it comes to percentage gain or loss, everyone can feel it by their own hard work and failure. But how certain the percentage is cannot be defined well, because the percentage of each profit and loss will vary. Unless you count it from the initial capital with the profit you get, maybe it can be defined. However, before you try it for yourself, you will not know what the percentage gain and loss will be.

Success and failure can happen at any time. Success is earned by your own hard work, and failure is earned by your own fault. The one who increases the percentage of that is you. So try it first, without having to think about the percentage first. Make sure you already have the skills to trade or invest, at least you have the basic skills to do it. Thinking about a percentage of it is a waste of time, and will leave you hesitating. If you are told of a large percentage of profit, you may very well take the initiative to make a trade, but it is not about the percentage of success. The percentage of success is just a measure, which makes it go up or down is the way you do it. Think in advance of the percentage of failure you will experience if you start trading right away, you should be prepared to lose the money you have traded. Because if you fail, all your money can be lost (forfeited). If all you think about is success, I am sure you will be very disappointed if what you find is failure.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: crwth on May 05, 2021, 01:46:03 AM
It would be hard to get statistics on that particular aspect because I think no one wants to show their failures and doesn't want to publicize the data that they have gathered on their failure. How would you even determine the success of a project? Is it the amount of HODLers? Or the market cap that it has? Many factors could choose that, and I believe not every project is willing to show that.

What you could do is determine the top 100 coins right now and see why they are on top. Determine if there's something that they have done differently. From there, you could decide what you want to get on those data.

The top 100 coins are the real winners here.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: TheUltraElite on May 05, 2021, 05:57:43 AM
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies,
Success or failure is not numerically projected. It is subjective idea that someone can say. Now if you talk about profit, then yes many people make profits from the market and you have a background of stock market trading and know the basics of trading you will also be able to make profit or lose.

You cannot objectively say that this person is a loser or this person is a winner, profits are also fleeting meaning they will change over time.

Quote
also the people who are working on their own coin project( not a scam project)?
Firstly, most altcoin projects have been either scams or failures citing different reasons. You must have heard of startups in real life and how much the hardship is for an entrepreneur. Some people tried to replicate that into crypto and came up with the ICO concept. Very few like than 1% of them became successful. Would not recommend the same to you.

Background knowledge is what should decide on what you should do. If you are looking to make some side earnings, holding bitcoin for the long term after buying at low price is the good option. If you are willing to give more time then day trading might be an option. If you are in to with a vision and giving full time, you can begin your startup. Not financial advice though. :P


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: udidrone on May 05, 2021, 06:40:49 AM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you
If you only want to know i think not anyone will easily to show stranger what condition of their trading activity. But if you want to make a research, just make google form for 100 people so they can fill it anonymously. And then your research will be percentage condition of 100 random traders. Me personally wouldn't share my condition because i am much loses or maybe other people wouldn't want to share if they success because afraid to get something bad to them.
In case you want to learn from people who success, i think there are some people who share their trading activities in here.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Wexnident on May 05, 2021, 07:28:05 AM
The general number for those who profit no matter the amount, or just people you can deem as "successful" in their crypto voyage? Well, exchanges would have the numbers for that, just that it's a question of whether they would give you the info (not the amount of profit, but rather a general number of traders who actually profit).

As for looking for coin projects, I suggest that you DYOR, really. Most altcoin projects that would visit you would be scams and the like, it'd just be a pain in the ass to filter it so might as well just look for one yourself.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: death69 on May 05, 2021, 09:21:14 AM
It is hard to tell. I only know that 95% of traders losing their money but there is no specific information for cryptocurrency market. However, in this uptrend, everyone can become a successful trader and the only thing you need to know is to buy. This is the same as what happened in 2017 where people gained most in 2017/early 2018 and then suddenly lost all of their money later.

Well, try to manage your money well in this world because there are too many potential projects and I do not ensure that it will last forever. Eventually, when the trend ends, you have to jump out of the ship in order to secure your profit and avoid any further loss


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Kittygalore on May 05, 2021, 09:25:14 AM
Hard to pinpoint the exact number but I am sure that there are more failed traders rather than successful ones. I don't have any statistics back up my claim but I just assume because I have seen more people share the misery of failing trading compared to successful ones.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: shield132 on May 05, 2021, 11:42:34 AM
In crypto trading (and in trading, overall), there are "krills" (it's my termine) and "whales". Whales are the ones who control the situation. You know what happens when whale is hungry and wants to eat (profit)? It eats up to 40 million krill per day. Krills multiply and multiply every day, they come and then they are in the stomach of whales, they rarely escape and when escape, that's because of their "luck" but final destination is whales' stomach.

So, highest percentage of people lose because they don't follow whales (If someone follows, that happens because of FOMO and then they fail). There isn't exact statistics and you'll never have an public access on that but you can see how great rewards does Binance offers to liquidity providers (that means a lot of people lose on futures trading).

Finally, there are two factors: 1. Very small percentage of people (whales) control the market, so more than 90% fails
2. People want rewards instantly, they aren't long-term holders (upto 4 years from the investment time, 4 years - because of halving).


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: rosebrand on May 05, 2021, 01:56:03 PM
Well there is no statistics stating the amount of people who succeeded or failed in cryptocurrency, if actually you really want to see testimonies of people who succeeded you can always check on Twitter most people do post how much there get from investing most people do post their lost as well but for me I think there is really no need for that, then talking about successful project you can always make researches, there are many projects which became very successful after launching their bounties here, so you can always make your researches if you come across any project because it will really help u a lot instead of checking for statistics.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: boyptc on May 05, 2021, 02:28:25 PM
I haven't seen any statistics about that. But for the projects that are becoming successful, you define what's success to you and they also have their own definition of success.

And for individuals, IMHO and own stats, I think we're more that have sold at profit and even those who have sold lower, they're still in profit upon selling.

There's no exact number or percentage about it.


I think so too, no number of percentages can be stated with certainty about this. It is about how you manage and carry out any form of trade or investment. When it comes to percentage gain or loss, everyone can feel it by their own hard work and failure. But how certain the percentage is cannot be defined well, because the percentage of each profit and loss will vary. Unless you count it from the initial capital with the profit you get, maybe it can be defined. However, before you try it for yourself, you will not know what the percentage gain and loss will be.

Success and failure can happen at any time. Success is earned by your own hard work, and failure is earned by your own fault. The one who increases the percentage of that is you. So try it first, without having to think about the percentage first. Make sure you already have the skills to trade or invest, at least you have the basic skills to do it. Thinking about a percentage of it is a waste of time, and will leave you hesitating. If you are told of a large percentage of profit, you may very well take the initiative to make a trade, but it is not about the percentage of success. The percentage of success is just a measure, which makes it go up or down is the way you do it. Think in advance of the percentage of failure you will experience if you start trading right away, you should be prepared to lose the money you have traded. Because if you fail, all your money can be lost (forfeited). If all you think about is success, I am sure you will be very disappointed if what you find is failure.
Failure is also part of success.

Most of us, investors/holders or traders. We've experienced hardship and bloody moments with our portfolios and that can be said as a failure if we've felt that it's not going to keep up with the market.

But as we learn, we've realized that this market can go into fruition in the future but this bull run isn't expected because it did more than our expectation.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Lucius on May 05, 2021, 02:31:03 PM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you

Given that cryptocurrencies are relatively new (just over 10 years since BTC appeared), and that the market is very volatile - I have no doubt at all that the percentage of those who have succeeded (or will succeed) is greater than 10%. There are several reasons, but I will list only some that are most often an obstacle to success.

  • Trading is not for everyone, often people only realize it when they lose a significant amount of money - the crypto market is a real minefield for beginners.
  • Cryptocurrencies are far more difficult to handle and store than fiat - one wrong step and everything goes to waste, mostly without the ability to correct the mistake.
  • Human negligence and forgetfulness often leads to them completely forgetting or losing their backup or their login information - there are as many examples as you want, especially at a time when the price of cryptocurrencies is rising.
  • Dreams are one thing, reality is quite another - becoming rich overnight often leads in a completely different direction - 99% of crypto projects are scam - it is a real art to find 1% of those who really make sense and honest people behind them.

2 months ago we had a thread on this topic posted by @Charles-Tim - there is one nice infographic that gives the answer to your question.

Data suggesting more than 95% traders are losing (https://bitcointalk.org/index.php?topic=5321502.0)


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: SquallLeonhart on May 05, 2021, 03:43:31 PM
In crypto trading (and in trading, overall), there are "krills" (it's my termine) and "whales". Whales are the ones who control the situation. You know what happens when whale is hungry and wants to eat (profit)? It eats up to 40 million krill per day. Krills multiply and multiply every day, they come and then they are in the stomach of whales, they rarely escape and when escape, that's because of their "luck" but final destination is whales' stomach.

So, highest percentage of people lose because they don't follow whales (If someone follows, that happens because of FOMO and then they fail). There isn't exact statistics and you'll never have an public access on that but you can see how great rewards does Binance offers to liquidity providers (that means a lot of people lose on futures trading).
I do not believe that all whales make a profit and I do not believe that all "krills" end up losing neither. I have seen plenty of people personally that ended up turning small amount of money into a lot of money. A close friend of mine turned 16k into 2.4 million dollars just from end of January to middle of march, that is like 1.5 to 2 months. Is it common? Of course it is not, but making profit is common, when bitcoin goes up everyone profits, when other tokens go up everyone profits, there is really nothing that stops you from profiting when it all goes up, that is when whales do make a profit and that is when "krills" make a profit as well, we all profit during that period.

During the drop whales do have the advantage of not selling and even buying more, while krills usually panic and sell, but even whales end up in a loss for a while until the price goes back up.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: SaveOurSea on May 05, 2021, 05:31:44 PM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you
It is difficult to analyze things like that if there is no real data, maybe the government can provide such things,
some countries have now taxed crypto users, and of course this makes the government have the data of all users, if in my opinion it answers this question.
Maybe there are many people who are successful when they buy in the spot market, but there is a different story if many are playing in the futures market


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: johnwest on May 05, 2021, 05:45:41 PM
When people will stop asking these types of stupid questions. No one knows how much anyone is holding or anyone is trading, therefore no one can tell how many % of people succeded in crypto. People might tell their own story but you cant access the authenticity of it. Anonymity gives the freedom to the user to hold crypto without disclosing them.

If the person who is invested in crypto is patient then he is either succeeded already or will in the future.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: bekti3 on May 05, 2021, 05:48:47 PM
It is therefore relative and almost experienced by all investors when they are not really researching on a particular project. depending on how he analyzes it and also makes a reference as a reference for investing.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: carlisle1 on May 05, 2021, 05:53:39 PM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you
There's no specific number because if you do try to look the entire crypto market in terms of marketcap or liquidity then you can tell that lots had make out some involvement.

and on the question on how many did succeed in terms of percentage? No one knows. Its not possible to know neither someone is losing or making money.

So I wont be bothering myself on finding the numbers because you would just basically be stressing out yourself on this matter.

exactly! those figures are hard to come up with. just remember that  almost all crypto users around the world are anonymous, so how can you get stats on that? also, most crypto users at one point lost in trading. how can you derive some stats from that kind of situation?
and regards with the number of people, still a tedious job to do. most blockchain projects that are anonymous dont disclose how many are truly working on their project. so this as well, is hard to get the real numbers.
i guess, the OP can just forget those, unless he wants to go crazy finding those numbers...
This is what im saying on which its a bit pointless on trying to research about these numbers because it wouldn't really be that precise due to continuous adoption and recognition..

and with all the project and coins that we do have in the market then it is really hard to find off if you are really aiming to know the statistics.

Lastly, this is really indeed a tedious task or very big work to be done.

Collecting those numbers just to project the percentage is really a tough task, so far there's no available information about this.

There are lots of factors given that there are lots of available projects around this industry, you have to focus and spend lots of time to get something
decent with this topic.



Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: South Park on May 05, 2021, 06:53:26 PM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you
When it comes to trading it is widely known that less than 10% of traders become profitable, this may seem as a number that is too low but we must remember that a great deal of the people in the market are afraid of taking hard choices and that is all what trading is about, for example do you think you would have been able to buy bitcoin when it crashed on March of 2020? On hindsight it is very easy to say that you would do it as now you know the price grew immensely, but at the time you did not knew it and most people would have taken the opposite decision and instead sell their coins.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Ryker1 on May 05, 2021, 08:40:46 PM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you
Well, this is just speculation --but most probably, people who become successful in cryptocurrencies are roughly around 50% of its users. Where 10% are the Whales or the people who have bulky assets in cryptocurrency that have the voting rights which place the crypto would go, 15% are the miners who have been there since day one. 5% for small investors who risks they small capitals and still able to get to the bus before taking off 10% for the traders who were able to keep themselves alive during the bear market and another 10 % for the people who participates signature or bounty campaigns were able to earn enough assets during the early stage. These are just speculations, but this is definitely one of the best speculations I have based on the community we have. I observe it and this is my result.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Insanerman on May 05, 2021, 08:46:17 PM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you

If you can find a valid current statistics then I salute you. But as of now, I still haven't read nor found any statistical data nor researches that focuses on the number of successful traders and I'm afraid that even conducting one, it might result to 0%. Why? If you would ask a trader how often do he win compared to what he lose, he would rater tell you his month-worked income than telling you how much he loss in the process.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Fatunad on May 05, 2021, 08:54:21 PM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you

If you can find a valid current statistics then I salute you. But as of now, I still haven't read nor found any statistical data nor researches that focuses on the number of successful traders and I'm afraid that even conducting one, it might result to 0%. Why? If you would ask a trader how often do he win compared to what he lose, he would rater tell you his month-worked income than telling you how much he loss in the process.
Most likely would be the case on where most people whom do invest or trade will likely to deny on how much they had lost but rather focusing on mentioning on how much he had able to profit out.
Talking about how many people in percentage manner that do able to succeed in crypto then no one can tell because majority of them would tend to be private or anonymous and this what makes the
situation even more harder if someone do really tend or eager to find out those numbers or statistics.This would really be a tough job or even lets say its close to impossible.
If we do consider on how big this market is and on how you do find out those numbers if majority is on anonymity then better not to mind it off.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: goinmerry on May 05, 2021, 09:12:09 PM
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?

That kind of statistics can nowhere be found because it's hard to track those as it needs data from all exchanges on which are some are decentralized. There are people succeeding and losing and that's the reality. I don't know what kind of benefits or advantages you will get if you saw the stats you are looking for.

Just do your best to it's fullest in order to gain profits in crypto over time.



Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: goaldigger on May 05, 2021, 09:53:57 PM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you
We can actually do the survey here and ask traders if they are successful already or not. Maybe 3 out of 10 traders here are successful and that’s the reality of trading since not all will succeed and very few trader will survive on this challenge. There are survey before that long term investors are more successful compare to a trader, which I also believe is true because of so many reasons. You can make a poll now, and let’s see the result.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Nanda Dewi277 on May 05, 2021, 11:51:52 PM
We may not able to determine because there may be no certain or specific research about these. Moreover, many people that are involved in cryptos are also anonymous and they don't tell each other about their investment. And bout success, what kind of success are they? Everybody's success may be different from others. So, what kind of success definition it is?
I personally don't pay attention to how the percentage of people succeed o crypto, but how many more people, institutions, and companies are involved and entering the crypto.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Ridwan Fauzi on May 06, 2021, 01:13:06 AM
I guess there is no single platform even anyone who will collect the data. But, we can measure that most people who get profit and succed to stay and get a lot of profit from crypto currency is a user who try hard to learn how trading and investing work. For those who just gamble their money for trading/investing in crypto currency will just stay for a while and they will leave it when they loss a huge money.

Trading or investing aren't easy as many people think. There are a lot of strategy that should be learned before someone start to trade/invest. Also, they must have a lot of experiences first to keep comfortable although their position is in a lose situation. If you have intention to start trading then you need to learn from some expert trader, at least it will give you a good positive for your decision. Comparing to looking for a data that show the people who succed as fail when they have crypto currency.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: ice18 on May 06, 2021, 04:52:57 AM
We actually needs an online surveys for traders for us to be able to find the exact data on how successful or not traders are, but in my opinion in a leverage traders most newbie who first time to enter tradings 95% of them failed since its too risky on few survives more easy if we only hold our coins and wait for price increase rather that day trading.     


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Kong Hey Pakboy on May 06, 2021, 06:14:15 AM
We actually needs an online surveys for traders for us to be able to find the exact data on how successful or not traders are, but in my opinion in a leverage traders most newbie who first time to enter tradings 95% of them failed since its too risky on few survives more easy if we only hold our coins and wait for price increase rather that day trading.     
Not everyone is going to participate in those surveys to be honest, you might get around 20 or less percentage of traders to do that and you also have to analyze the data to cearly distinguish who failed and who succeeded in trading. To me though, I feel like with a lot of newbies getting into trading, I think that there are more people failing rather than the opposite.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Sled on May 06, 2021, 08:36:43 AM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you
I'm also looking any surveys that could give such information but unfortunately, I've found nothing. And if ever there is, I don't know how reliable it was knowing that we keep ourselves being anonymous to the public.

But anyway, I don't it is necessary to have those information, the exact numbers. Seeing Bitcoin still exists in the market for more than a decade, that was enough to prove that it was not scam, and many people we're succeed in kind of investment. You don't need to ask for it, or maybe one of your friend can justify it for you. 


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: pooya87 on May 06, 2021, 09:13:54 AM
You could maybe ask an exchange owner to release such statistics although they may refuse because the real unadulterated results may be bad for their business since newbies may see the disaster others are in specially in altcoin trading and stop losing their money in trading which would result in drop in that exchange's volume and revenue.
But in any case the exchange is the only one that can correctly answer this question because they have access to history of all their users and they can write a small and simple code that analyzes their database and releases the final results (net loss versus net profit one average for all users) and do that all in a way that privacy of nobody is invaded.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: rodskee on May 06, 2021, 10:34:59 AM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you
Crypto investing is a very risky type of investment and also the most silent and secretive so basing on that i don't think that there are some sort of Data and statistics to record those.
But i know that all That who lose their early investment are already gone from here or some does not been active for now because of the nightmare they had in being greed to expect easy money here.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: ultrloa on May 06, 2021, 11:46:45 AM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you
There's no specific number because if you do try to look the entire crypto market in terms of marketcap or liquidity then you can tell that lots had make out some involvement.

and on the question on how many did succeed in terms of percentage? No one knows. Its not possible to know neither someone is losing or making money.

So I wont be bothering myself on finding the numbers because you would just basically be stressing out yourself on this matter.

exactly! those figures are hard to come up with. just remember that  almost all crypto users around the world are anonymous, so how can you get stats on that? also, most crypto users at one point lost in trading. how can you derive some stats from that kind of situation?
and regards with the number of people, still a tedious job to do. most blockchain projects that are anonymous dont disclose how many are truly working on their project. so this as well, is hard to get the real numbers.
i guess, the OP can just forget those, unless he wants to go crazy finding those numbers...
This is what im saying on which its a bit pointless on trying to research about these numbers because it wouldn't really be that precise due to continuous adoption and recognition..

and with all the project and coins that we do have in the market then it is really hard to find off if you are really aiming to know the statistics.

Lastly, this is really indeed a tedious task or very big work to be done.

Collecting those numbers just to project the percentage is really a tough task, so far there's no available information about this.

There are lots of factors given that there are lots of available projects around this industry, you have to focus and spend lots of time to get something
decent with this topic.



Although we cannot get an accurate data about this but OP can run a poll in related with this discussion since I think this is the proper way to gather those information since if he find or seek it on articles well maybe he cannot found that anywhere. I'm also curious about how big the numbers so let see if we can figure out those info here.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: FanEagle on May 06, 2021, 04:16:06 PM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you
I don’t think there is any accurate data on this, even when it comes to stocks and forex trading, you don’t really have accurate data, and I think that’s because there are so many platforms out there for trading and everyone doesn’t trade on the same platform, and every platform has different data when it comes to this.

According to blogs, around 70%, 80% to 90% of traders lose their money. I once researched on this and found an article where eToro disclosed that up to 80% of traders lose their money up to 36%. So that’s just it, cryptocurrency trading wouldn’t be any different.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Dadan on May 06, 2021, 06:04:17 PM
We actually needs an online surveys for traders for us to be able to find the exact data on how successful or not traders are, but in my opinion in a leverage traders most newbie who first time to enter tradings 95% of them failed since its too risky on few survives more easy if we only hold our coins and wait for price increase rather that day trading.    
Most traders/people want to be anonymous for safety reasons, so I don't think someone will do that research as it will be pointless for sure. I'm afraid I have to disagree with 95% newbies trader will be failed at the start because some people are smart enough to learn some basics knowledge of trading. Sometimes they watch some tips on Youtube or read many tips/techniques in forums like Bitcointalk and Reddit before they start. Only fool people will start trading without having a proper knowledge of trading.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: LUCKMCFLY on May 07, 2021, 01:20:03 AM
We actually needs an online surveys for traders for us to be able to find the exact data on how successful or not traders are, but in my opinion in a leverage traders most newbie who first time to enter tradings 95% of them failed since its too risky on few survives more easy if we only hold our coins and wait for price increase rather that day trading.    
Most traders/people want to be anonymous for safety reasons, so I don't think someone will do that research as it will be pointless for sure. I'm afraid I have to disagree with 95% newbies trader will be failed at the start because some people are smart enough to learn some basics knowledge of trading. Sometimes they watch some tips on Youtube or read many tips/techniques in forums like Bitcointalk and Reddit before they start. Only fool people will start trading without having a proper knowledge of trading.

The only way a person can be successful in the cryptocurrency market without having knowledge is by investing in Bitcoin, but like Hodler, because the truth in trading must have a lot of knowledge, if he gambles in the trade he is likely to you win, but chances are that at any moment your luck will run out and you will fail.

For trading it is always good to have knowledge of the market movement, both the technical and fundamental analysis and establish the best strategic plan so that in trading there is always a positive balance including losses that are very normal in trading, but this is a question of maturity in the market.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: isaac_clarke22 on May 07, 2021, 03:41:33 AM
Finding statistics for that could prove impossible.
If you're defining "success" as having many Bitcoins in a wallet, then it could be hard to find out if those coins are still being held by the owner because they could simply be just locked out already from their wallet.
Maybe wallet with the most Bitcoin could still be possible.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: so98nn on May 07, 2021, 03:56:02 AM
Considering crypto is very unstable, the number of people coming and staying in the crypto space is also not fixed. The ratio might be very difficult to achieve since we don't have fixed customers in here. Moreover, you need to define the success in cryptocurrency to get more lucid idea for the purpose of filtering. Whether by succeed you mean have got millions or billions after investing thousand? Or whether they have been trading handsome money on daily basis to get back millions?

Im pretty sure we can not measure the success in terms of these things. You win sometimes and you loose sometimes. At the end only thing matter in cryptocurrency world is to have more money than what you invested.

If that's the success then I am the one who succeeded in the current scenario.  :D


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: electronicash on May 07, 2021, 04:25:27 AM

crypto users are often concern about privacy so not even an email will be revealed in public and more cause to keep behind the shadows are the assets they have on their wallets. there could be users who will reveal their data but they are just going to be few.

in the 2017 bullrun, there are thousands of people who gained so much money, the more successful they could be in crypto if they have profited more in this current bullrun.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: AakZaki on May 07, 2021, 06:16:08 PM
never seen statistics about how many people who are successful in cryptocurrency or those who fail.

People who get into cryptocurrency have experienced failure or success at cryptocurrency, so making statistics about how much will be difficult.

But for 2020-2021, if we can take advantage of the DEFI moment or trade, of course we will get bigger income than in previous years. it's been an excellent cryptocurrency year. Provides many advantages for some people who remain consistent and take advantage of every opportunity in cryptocurrency.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: cyriljundos on May 07, 2021, 10:46:25 PM
I would say 60% for succeed and 40% for failed on crypto currency thats my personal opinion. Many bitcoin holder or other currency those 60 percent know how to trade and have knowledge in trading crypto currencies but those 40 are those beginners and lossers. But it takes time to be successful in this field you must know all the techniques and strat before investing or trading .


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Distinctin on May 07, 2021, 11:20:17 PM
We can never find such information, honestly. And that fact that they wanted to keep anonymous, they don't bother to proclaim themselves that they succeed but mostly we just see is all about claiming they were scammed. So if ever we got some data, I'm not sure if people were going to believe that.

But my assumption is that,
People who come before the Bullrun are most likely all of them are in profit but for those who are just in here while in the middle of the bullish season, I'm not sure.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: tippytoes on May 07, 2021, 11:24:59 PM
I would say 60% for succeed and 40% for failed on crypto currency thats my personal opinion. Many bitcoin holder or other currency those 60 percent know how to trade and have knowledge in trading crypto currencies but those 40 are those beginners and lossers. But it takes time to be successful in this field you must know all the techniques and strat before investing or trading .

I don't think we can give such percentage here because the question of the OP is too hard to come up with numbers. Why do you think it is 60%, not 50 or 70 or 80? We have no basis in the percentage assumption. Also, most traders lost some, win some. So how can you really tell if the user succeeded? Just because of his holdings? So this one is very subjective. No one can give you a concrete answer on this one.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: crzy on May 07, 2021, 11:33:16 PM
Finding statistics for that could prove impossible.
If you're defining "success" as having many Bitcoins in a wallet, then it could be hard to find out if those coins are still being held by the owner because they could simply be just locked out already from their wallet.
Maybe wallet with the most Bitcoin could still be possible.

That numbers can’t be solve, some people here wont even tell how much they are earning every month for their own security, but if you look at how successful the crypto project is, you can tell that many are earning well enough through crypto market. Have a survey instead, create a poll with a lot of good choices and let’s find out the result based on the vote of every curious users here.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: dunfida on May 07, 2021, 11:34:25 PM

crypto users are often concern about privacy so not even an email will be revealed in public and more cause to keep behind the shadows are the assets they have on their wallets.

No one would be dumb on showing off themselves into the public that  they've been holding soo much coins or money into their wallet thats why its impossible to have precise or exact percentage in regards to this manner.

Why would bother that much? thing here is that there are really people whom do make lots of money on this market and of course it would correspond also into those people who lost up that much.
If there are gainers then expect that there would be losers.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Nrcewker on May 08, 2021, 01:41:46 AM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you

Why do you need to know about the stats?
The thing that should worry you is whether you are making profit or loss.
I can’t say about the other but for me i am making great profits.
And all these profit credits goes to ELON MUSK.
As he gave a call on Dogecoin, and luckily I purchased around 2500 USD Doge in cheap price.
Now i am enjoying my huge profit.
Hope you are cleared now OP.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Dilerium90 on May 08, 2021, 03:25:31 AM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you
I think, that people, who create projects and successfully list them on  exchanges are definitely successful in the cryptocurrency market. But the number of successful traders is about 5-10%, i think. In the long term, almost all traders lose their funds.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Ararbermas on May 08, 2021, 08:01:02 AM
I cannot tell the percentage but if you're realy use to trade you will see how much of ppl really succeed when it comes trading everyday. And for sure they are not just a simple trader in my opinion wherein a professional and knowledgeable also that is why they succeed in my opinion. Actually even if you're not a professional but if you already knew how the market works or to read the candles sticks in trading, you will become successful as well.  Because i believe that not all successful trader are professional what i mean there are some successful as well because of their experience about trading.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: XZERO1 on May 08, 2021, 10:22:06 AM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?

There's nothing like what you're looking for since no one is recording the number of scams, rugs, successful projects and the traders that buy and sell their coins or tokens.

But as for the trading I'd say in this current bull market you have to try really hard to lose any money and what it means is now you could throw a dart randomly on a board that is filled with coins/tokens names and buy them accordingly and still make a good money doing that.

In a bear market things are way different and that's when you can really test out your ability to trade and whether it's something you can do as a full/part time job and really depend on it as any source of income, so don't get overexcited because you made good money in this market and ever think you can do the same in the bear market because you're going to be really disappointed and lose a lot of money.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Johnyz on May 08, 2021, 11:23:10 AM
Finding statistics for that could prove impossible.
If you're defining "success" as having many Bitcoins in a wallet, then it could be hard to find out if those coins are still being held by the owner because they could simply be just locked out already from their wallet.
Maybe wallet with the most Bitcoin could still be possible.

That numbers can’t be solve, some people here wont even tell how much they are earning every month for their own security, but if you look at how successful the crypto project is, you can tell that many are earning well enough through crypto market. Have a survey instead, create a poll with a lot of good choices and let’s find out the result based on the vote of every curious users here.
Some institutions are working studying the percentage of successful traders and investors in Stock market but I didn't see anyone trying to solve the math in cryptomarke, maybe in the near future some project will focus on this matter and give us the details that we are looking for. If I become successful in trading in cryptomarket, I'd be more proud and use my experience to help others achieve their goals through cryptocurrency, its fine to share ideas sometimes.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: TheGreatPython on May 08, 2021, 11:52:13 AM
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
How it will be possible?

Do you have any statistics of how many people are doing in stock markets in your region/office/school/street?

Cryptocurrency market is a global one and this forum is having only some percentage of people from that. So, we cannot have any kind of statistics regarding how many people are trading successfully in cryptocurrency markets.

Just think about it, there are hundreds of different exchanges and no one could control all of them and also same people definitely trading on more than one exchange. Then, how it will be possible to get such a statistics about success or failure of traders in cryptocurrency trading.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: noorman0 on May 08, 2021, 11:53:35 AM
There has been no survey on the success of the trade so far. You should view and compare statistics on various exchanges which cover at least Profit and Loss of most traders. Even on social media, only a handful of people were willing to say the losses at that time. The rest are people who have recently made profits, and shared their past losses.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: darewaller on May 08, 2021, 12:22:14 PM
There has been no survey on the success of the trade so far. You should view and compare statistics on various exchanges which cover at least Profit and Loss of most traders.
I'm not seeing any exchanges are providing such a date on how many traders are making profits or losses (We are only getting which coin is gaining the most in last 24 hours and which one is losing the most in same time period).

Even on social media, only a handful of people were willing to say the losses at that time. The rest are people who have recently made profits, and shared their past losses.
I'm sure social media data and experiences cannot be counted as a real one for any statistical analysis. Moreover people tend to share their sad story more frequently compared to their success in trading. Even if you notice on this forum people more frequently sharing about their losses and only very rarely sharing about their success story in crypto trading.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: taufik123 on May 09, 2021, 04:13:49 PM
There has been no survey on the success of the trade so far. You should view and compare statistics on various exchanges which cover at least Profit and Loss of most traders. Even on social media, only a handful of people were willing to say the losses at that time. The rest are people who have recently made profits, and shared their past losses.
People who share about their losses while trading are rare, only a few people and others just share the profits they get.
people are not really open about how much profit and loss they are experiencing, because some people don't want to be publicly visible about the advantages and disadvantages.
there are many people who are successful in cryptocurrency. But even more people are failing at cryptocurrency.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: South Park on May 09, 2021, 04:17:09 PM
We actually needs an online surveys for traders for us to be able to find the exact data on how successful or not traders are, but in my opinion in a leverage traders most newbie who first time to enter tradings 95% of them failed since its too risky on few survives more easy if we only hold our coins and wait for price increase rather that day trading.    
Most traders/people want to be anonymous for safety reasons, so I don't think someone will do that research as it will be pointless for sure. I'm afraid I have to disagree with 95% newbies trader will be failed at the start because some people are smart enough to learn some basics knowledge of trading. Sometimes they watch some tips on Youtube or read many tips/techniques in forums like Bitcointalk and Reddit before they start. Only fool people will start trading without having a proper knowledge of trading.
The only ones that could give that kind of information and at the same time protect the identity of the traders are exchanges, but they are never going to do it, but why? Because if they actually shared the amount of people that earn money on their platforms they will lose their user base, after all in the case of gambling people know they are going to lose but they still do it because they want to get some fun, but trading is boring and if people know their chances of winning are so low they would not bother to trade on the first place.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Yatsan on May 09, 2021, 05:00:35 PM
As far as I know, there is are no statistical data provided to show how many people have become successful or failed within their cryptocurrency engagement journey for there are people who just tends to keep those information in a private matter and even surveys to provide assessing people about the result of their engagement might not be accurate or can be stated to be reliable since many can state false information rather than facts. But as far as I am concerned, many have surely and secretly already become successful and are still continuing their crypto journey while other who fail maybe already stopped or paused for a while waiting to be back again in the market.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: beerlover on May 10, 2021, 09:17:06 PM
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
You are looking for something completely different data from each other and these are not at all connected in terms of technical things of trading but only exchanges might give you one part of your required information. In quick thinking, I guess people who are trading bitcoin with long-term targets might be succeeded by this day but we cannot have exact numbers for this but I'm sure in percentage it will be more than 99% for sure.

Moreover, what you are looking for by having number of people who are all working on their own coin project; I believe this got nothing to do with exchanges nor crypto trading.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: wahyu wida on May 11, 2021, 03:45:12 AM
I think it is difficult to predict the percentage of people who are already rich from cryptocurrency, because they do not disclose their wealth officially, especially for individuals, of course they will be afraid of state taxes. but what is clear in the market, there is a transfer of wealth in it


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Renampun on May 11, 2021, 08:54:11 AM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you
I did not find statistics like you asked for anywhere...

those who trade in crypto cannot be in real data. but what I am sure that those who lose in crypto are of course a lot as well as those who profit. because cryptocurrencies are not yet taxpayers, knowing the crypto assets of other people's ownership is impossible.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Gheka on May 11, 2021, 06:16:38 PM
I think it is difficult to predict the percentage of people who are already rich from cryptocurrency, because they do not disclose their wealth officially, especially for individuals, of course they will be afraid of state taxes. but what is clear in the market, there is a transfer of wealth in it
Indeed, crypto wallets are exhibiting a great anonymity of identity and do not make a holder's account publicly available unless they voluntarily, this is also the most special feature that people like about crypto as they don't care about income tax and for this question, we can't make an accurate judgment on percentage success here. Each trend will change this percentage and each year the assets will move in many different directions but the preliminary judgment is probably the average success rate, not too high and not too low, here I look at the expressions and complaints in some discussion groups.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: boyptc on May 11, 2021, 07:38:14 PM
I think it is difficult to predict the percentage of people who are already rich from cryptocurrency, because they do not disclose their wealth officially, especially for individuals, of course they will be afraid of state taxes. but what is clear in the market, there is a transfer of wealth in it
In these times, if there are people who are still open to the public about their crypto profits.

This is the time that they should be careful of themselves, it's hard to know who are those people that are watching you and probably have some jealousy in their hearts and can't attain the success that you're getting with cryptocurrencies.

Just a reminder that you should maintain your low profile.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: gabbie2010 on May 11, 2021, 08:36:43 PM
I think it is difficult to predict the percentage of people who are already rich from cryptocurrency, because they do not disclose their wealth officially, especially for individuals, of course they will be afraid of state taxes. but what is clear in the market, there is a transfer of wealth in it
In these times, if there are people who are still open to the public about their crypto profits.

This is the time that they should be careful of themselves, it's hard to know who are those people that are watching you and probably have some jealousy in their hearts and can't attain the success that you're getting with cryptocurrencies.

Just a reminder that you should maintain your low profile.
The anonymous feature of using cryptocurrencies makes it difficult to obtain the estimated statistical data percentage of losers as well as gainers as well as successful investors unlike forex trading were it is estimated that 95% of the traders are losers, in crypto nobody will disclose what they have earn or profit made however its obvious that there are a lot of people who are earning decent profits this is based on the growing numbers of registered traders in various crypto exchanges and various fom of cryptos investment.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: LUCKMCFLY on May 12, 2021, 03:34:49 AM
I think it is difficult to predict the percentage of people who are already rich from cryptocurrency, because they do not disclose their wealth officially, especially for individuals, of course they will be afraid of state taxes. but what is clear in the market, there is a transfer of wealth in it
In these times, if there are people who are still open to the public about their crypto profits.

This is the time that they should be careful of themselves, it's hard to know who are those people that are watching you and probably have some jealousy in their hearts and can't attain the success that you're getting with cryptocurrencies.

Just a reminder that you should maintain your low profile.
The anonymous feature of using cryptocurrencies makes it difficult to obtain the estimated statistical data percentage of losers as well as gainers as well as successful investors unlike forex trading were it is estimated that 95% of the traders are losers, in crypto nobody will disclose what they have earn or profit made however its obvious that there are a lot of people who are earning decent profits this is based on the growing numbers of registered traders in various crypto exchanges and various fom of cryptos investment.

I think the same, it is already proven that 95% of traders lose, and that is that most of the traders sometimes do not trust their plans or strategies, in addition there is a large percentage that are guided by crypto signals, so Generally the success rate of the signal groups is not very high.

There is also a percentage that I do not know exactly how much it is that remains anonymous and are more successful, as well as the opposite, I think that in that 5% that remains they may be included.

It is understood that whales obtain more gains than losses, many believe that whales do not lose but they also have strong losses, what happens is that in the end the balance is mostly positive.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: boyptc on May 12, 2021, 08:31:56 PM
I think it is difficult to predict the percentage of people who are already rich from cryptocurrency, because they do not disclose their wealth officially, especially for individuals, of course they will be afraid of state taxes. but what is clear in the market, there is a transfer of wealth in it
In these times, if there are people who are still open to the public about their crypto profits.

This is the time that they should be careful of themselves, it's hard to know who are those people that are watching you and probably have some jealousy in their hearts and can't attain the success that you're getting with cryptocurrencies.

Just a reminder that you should maintain your low profile.
The anonymous feature of using cryptocurrencies makes it difficult to obtain the estimated statistical data percentage of losers as well as gainers as well as successful investors unlike forex trading were it is estimated that 95% of the traders are losers, in crypto nobody will disclose what they have earn or profit made however its obvious that there are a lot of people who are earning decent profits this is based on the growing numbers of registered traders in various crypto exchanges and various fom of cryptos investment.
No.

There are people who are happy to show how much they've gained through trading or investing in cryptocurrencies. It's about pride that they get in and they're looking to be a genius guy if they're showing it to the public with the use of social media.

But most of those that are experienced, they don't want to show any amount or even tell anyone that they're in crypto.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Shasha80 on May 12, 2021, 09:13:08 PM
As far as I know, there is are no statistical data provided to show how many people have become successful or failed within their cryptocurrency engagement journey for there are people who just tends to keep those information in a private matter and even surveys to provide assessing people about the result of their engagement might not be accurate or can be stated to be reliable since many can state false information rather than facts. But as far as I am concerned, many have surely and secretly already become successful and are still continuing their crypto journey while other who fail maybe already stopped or paused for a while waiting to be back again in the market.

It is very difficult to show accurate statistics on what percentage of people succeed or fail in cryptocurrency. Since most people trade anonymously,
it's very difficult to know the statistics. For me, people who want to be successful in crypto are people who can be patient with the long-term
holding of their coins. And do not rush to sell if experience a profit. But this only applies to high volume popular coins, but if we are trading on shitcoins,
we must sell them immediately.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: seramania on May 13, 2021, 02:18:10 PM
it is difficult to know what percentage of people you are referring to. because what we know is that right now we can't see data accurately, because in cryptocurrency everything is anonymous and untraceable. so I think it's hard to count how many


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Kelvinid on May 13, 2021, 02:45:45 PM
I hope that OP is already satisfied above replies...That is the reality in crypto trading and because these people remain anonymous, he'll no way to gather reliable data but just purely talks.

Anyway,
I'm going to believe that many were still profiting from trading especially during this time. I know traders now are more knowledgeable this time that could help to uplift their chances. But the question is if they can manage to keep on track when the market turns back to bearish, I was thinking of big changes to happen, and possibly, many of these traders will stop and leave crypto.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: JooBra on May 13, 2021, 06:06:27 PM
it is difficult to know what percentage of people you are referring to. because what we know is that right now we can't see data accurately, because in cryptocurrency everything is anonymous and untraceable. so I think it's hard to count how many
From personal experience emotion is what make me lose money. I was trading with big amount for me and keep losing. Now with small amount that I don't care about I keep earning so for now I'm sticking with that. 


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: fancy2973 on May 13, 2021, 06:10:41 PM
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you

You won't find any statistics on that as hardly anyone would be willing to disclose exact numbers anyway. Big players have probably been more successful as they have a longer breath when their are dips in the market. In total crypto produced a lot of winners I think as during an upswing it doesn't equal a zero sum game. If it crashes like now, new losers are born as we speak.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: South Park on May 13, 2021, 06:15:50 PM
As far as I know, there is are no statistical data provided to show how many people have become successful or failed within their cryptocurrency engagement journey for there are people who just tends to keep those information in a private matter and even surveys to provide assessing people about the result of their engagement might not be accurate or can be stated to be reliable since many can state false information rather than facts. But as far as I am concerned, many have surely and secretly already become successful and are still continuing their crypto journey while other who fail maybe already stopped or paused for a while waiting to be back again in the market.
We have some estimations and we have data which comes from the fiat markets and as you may guess the data is not very favorable, many people enter the markets without really knowing what they are doing and when faced with the huge volatility of this market they lose a significant amount of money from which it is impossible to recover and then they take reckless risks and lose their remaining capital, it is not a nice picture but it is the reality of most markets.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: thesmallgod on May 13, 2021, 09:11:23 PM
You cannot get such statistics anywhere not from the exchange platform even on centralized platform such as Binance. If you are a student I will advise you to design an experiment for that. Probably you will need to select some random set of people that will trade with a given amount of money for a period of time after which you will evaluate their loss or gain


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: wayaneka on May 14, 2021, 03:19:52 AM
About 80% of trader failed and loss their money in margin trading, but i dont know how many % of trader who loss from spot trading, could be lower than 80% but i think higher than 50%. People who loss on cryptocurrency market, usually newbie trader that does not use money management and dont have any skill yet to learn about fundamental of crypto. Too be greedy and not patient  also become the most factor for newbie trader loss alot money. Only trader who keep learn from the mistake and has experienced many years that possible make profit by consistent.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: fancy2973 on May 15, 2021, 10:41:54 PM
About 80% of trader failed and loss their money in margin trading, but i dont know how many % of trader who loss from spot trading, could be lower than 80% but i think higher than 50%. People who loss on cryptocurrency market, usually newbie trader that does not use money management and dont have any skill yet to learn about fundamental of crypto. Too be greedy and not patient  also become the most factor for newbie trader loss alot money. Only trader who keep learn from the mistake and has experienced many years that possible make profit by consistent.

In other words you would say that every trader who educates him or herself will make profit no matter what? What about the zero sum game when the market doesn't go up all day long? Some have to lose and some have to win.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: Ziskinberg on May 15, 2021, 11:46:07 PM
Upon reading the above replies, almost everyone is saying no such data to see. And that could be true as many of these traders keep themselves not to tell about their life and their experience. So even we can find data that tells like this, it finds not reliable. Maybe ask one of your friends (if have) if they were getting profit from crypto trading and I think that information is enough to say what really happening inside and to analyze if we have to try or not, or just stay as an investor forever.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: South Park on May 17, 2021, 04:54:21 PM
You cannot get such statistics anywhere not from the exchange platform even on centralized platform such as Binance. If you are a student I will advise you to design an experiment for that. Probably you will need to select some random set of people that will trade with a given amount of money for a period of time after which you will evaluate their loss or gain
This is not a good strategy either, if you give money to random people so they can trade the markets then everyone is going to lose as they are not going to have the necessary skills to trade the markets, after all there are many traders that despite having invested hundreds of hours on studying the markets they are still not profitable, what makes you think that a random person is going to have better results? While imperfect we have some numbers and as we know those numbers are terrible.


Title: Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY
Post by: karungbitcoin on May 18, 2021, 02:54:54 AM
I don't find any data about it. In my country a lot of new people come in to crypto market and also many trader and investor on stock market moved to Cryptocurrency because many others trader was make a lot of money from crypto and Bitcoin become trending. The volume of crypto trading increase rapidly in my country. Off cource there are some people already make huge profit and others can be still loss, this is depend on their strategy and risk management.