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Author Topic: How would you measure your success in Crypto currency  (Read 1372 times)
DeathAngel
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July 11, 2023, 07:37:21 PM
 #21

I’ve done really well in cryptocurrency but a lot of that success is just luck that I was early & had the conviction to invest enough to take life changing money. What I would say to anybody new in the game though is that you are always only one coin or investment away from really making it. Don’t be afraid to take a few calculated stabs in the dark because you can make big money in alts.

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July 11, 2023, 11:16:35 PM
 #22



I personally feel it has changed most of us in our life, In terms of technology and development we every one know the way we are heading towards web3, metaverse, defi are remarkable. All credits to development of bitcoin Smiley I am earning this from as well, I never thought I would make much descent money in this sector. share your success as well thankyou Cheesy

It was easier five to seven years ago when Cryptocurrency was just making a breakthrough in the real world, you can participate in a bounty and the reward is almost equal to one year of your salary, that was when I have a great ride in the olden days where so many legit projects are launching their platform, but now there are so many scam projects and some of them looked legit until the developers run with your money, nowadays it's hard to see what projects will have potential and what projects are a scam, you need to have a good knowledge and an insight on how a project will turn out.

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July 12, 2023, 12:37:00 AM
 #23

If success is only measured by the value of holding crypto, there are many successful people with years of Hodling missions with only a few small collections of decent crypto. The cut-off is that at least they hit their target time.

But actually there are many things that can be measured in a person's success, in other words they can aggressively achieve wealth faster because they have a high spirit of exploration and challenge in altcoin projects. In this case, success is not only about high yield, but also high experience.
I personally may be too old to do it all so I'm a bit skeptical everywhere and only have the first way.

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July 12, 2023, 04:42:30 AM
 #24

The best measure of success in cryptocurrency is financial gain. How much have you earned by investing in cryptocurrency, and are you still investing in crypto or not? Sometimes it comes down to an individual's luck when talking about profit earning, etc.  The more you earn, the more successful your investment is.
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July 12, 2023, 07:02:36 AM
 #25

The best measure of success in cryptocurrency is financial gain. How much have you earned by investing in cryptocurrency, and are you still investing in crypto or not? Sometimes it comes down to an individual's luck when talking about profit earning, etc.  The more you earn, the more successful your investment is.
Obviously that's for sure because those who are here are looking for financial benefits whether to make ends meet or whatever it is,
but it must also be understood that getting profit requires a process,
there is no instant way to get success it takes sacrifice.

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July 12, 2023, 08:28:20 AM
 #26

I find cryptocurrency criticism, particularly Bitcoin criticism, one-dimensional and shortsighted. Naysayers frequently overlook the revolution and focus on the volatility. They seem to have financial innovation tunnel vision. I mean, isnt it amazing that we have a totally decentralized, peer-to-peer currency for the first time? Never before!

I agree that Bitcoin is a platform for investing. Bitcoin has opened up new investment venues for people who were too focused on traditional ones. Adding a secret spice to a classic meal unleashes a whole new flavor profile!

Bitcoin will be adopted despite certain governments' hesitation. Folks, this train wont stop. In a decade, it has affected major industries including finance and technology. Bitcoin is needed for Web3, metaverse, and defi.

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July 12, 2023, 09:25:17 AM
 #27

If people are saying reaching $1 Million, $10 Million etc is a success in cryptocurrency, it's wrong because that's success in your financial, not in cryptocurrency.

Someone is success in cryptocurrency when he know what he buy and the reason behind it. People who're still buy a centralized shitcoins is still not success in cryptocurrency, but if people who're only buy decentralized and have a real use case, they're already success in cryptocurrency.

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July 12, 2023, 10:24:58 AM
 #28

Many said its absolutely a scam, pathetic and more. but crypto currency has favored to those who trusted on it, In terms of cross border payment, p2p and vice versa the domination of crypto is keep on increasing. In terms of investment people knew only Crude, stocks, bonds, stock market, gold etc...but this platform made a way ahead to make money harder and smarter, I know most of the government's are not favoring this but in upcoming years you will see the green signal for crypto as well. 

I personally feel it has changed most of us in our life, In terms of technology and development we every one know the way we are heading towards web3, metaverse, defi are remarkable. All credits to development of bitcoin Smiley I am earning this from as well, I never thought I would make much descent money in this sector. share your success as well thankyou Cheesy
I'm tired of this scam thing over and over again , but indeed that I changed a lot from my bitcoin learning and understanding  and yes this changed my world and living , I had some good financial aid from my bitcoin investments and yes till now and I believe for many years this will sustain my living .









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July 12, 2023, 10:33:03 AM
 #29

If you managed to do things right, you only get benefits in the crypto industry but of course, it took me some serious time in order to get my first income and some fruits in my investment. Because in this industry, it requires more knowledge than the others because you are not only working on how to multiply your investment, but you also needed to prevent yourself from getting scammed by avoiding shady projects and cryptocurrencies that will gonna ruin your dream to earn big. everything you do in your investment needs some patience and perseverance which will be the reason to become successful and earn a decent amount of money.

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July 12, 2023, 10:35:11 AM
 #30


I'm tired of this scam thing over and over again , but indeed that I changed a lot from my bitcoin learning and understanding  and yes this changed my world and living , I had some good financial aid from my bitcoin investments and yes till now and I believe for many years this will sustain my living .

There is only one way to avoid scams - to have any experience and to check all the information. You have to check everything before investing. Scammers always use new tactiks to attract users money. But usually they offer things and products that are so attractive that common projects can not offer. That is why people continue to invest in scams.
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July 12, 2023, 10:54:09 AM
 #31


I personally feel it has changed most of us in our life, In terms of technology and development we every one know the way we are heading towards web3, metaverse, defi are remarkable. All credits to development of bitcoin Smiley I am earning this from as well, I never thought I would make much descent money in this sector. share your success as well thankyou Cheesy
Crypto is a tool to change one's life. Many people because rich, that was undeniable but many people also lost their money. For me, earning a profit in crypto is already a big success because this is the sign that I really understand how the market works and am able to adapt to the changing situation of the market. With this new and great technology, we could say that this will help to solve our problems financially. Indeed, the number of investors and traders are quite growing fast because they believe that it was a great venue to earn a profit even having a day job.

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July 12, 2023, 11:21:20 AM
 #32

The knowledge about it.

If I didn't bump into my friend and introduced me to cryptocurrencies then I might not be here. Worst, I may still be asking what Bitcoin, Ethereum or XRP is because I am still innocent about it.
If I didn't pursue to have more knowledge about it then I may still just be working 9 hours a day and drinking with my buddies whenever payday comes, just the same cycle over and over again.
There's a difference now because I have knowledge about cryptocurrencies. There's always something new, something to research about, and something that will enter the hype.
I think that success cannot be actually measured.
But in terms of money, I did make a good amount during the ICO hype and then of course with Bitcoin too.

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July 12, 2023, 11:29:01 AM
 #33


I personally feel it has changed most of us in our life, In terms of technology and development we every one know the way we are heading towards web3, metaverse, defi are remarkable. All credits to development of bitcoin Smiley I am earning this from as well, I never thought I would make much descent money in this sector. share your success as well thankyou Cheesy
Crypto is a tool to change one's life. Many people because rich, that was undeniable but many people also lost their money.
Changes can occur both in the direction of thickening your wallet in your pocket, and thinning. Here, how lucky with the choice of this tool.

For me, earning a profit in crypto is already a big success because this is the sign that I really understand how the market works and am able to adapt to the changing situation of the market.
Success, right? Maybe it's all about luck and chance? With cryptocurrencies, the tactics are very simple: buy and do not sell until the price rises. The main thing is not to buy scam shitcoins.

With this new and great technology, we could say that this will help to solve our problems financially.
Technology is not created to solve your financial problems. For example, bitcoin was created for completely different purposes (digital money) than, as it is now used (investment tool).

Indeed, the number of investors and traders are quite growing fast because they believe that it was a great venue to earn a profit even having a day job.
It would be better if the number of users and new places for use grew.

Investors and traders are only inflating the bubble.

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July 12, 2023, 12:03:53 PM
 #34

There are two kinds of people who have made a profit or suffered a lot of loss. Those who trade with more greed or get enticed by seeing others’ results, most of the guys book loss. On the other hand, those who trade patiently by analyzing the chart and market sentiment, make money from this market. But there are always exceptions. I have also made a lot of money from the crypto market, but I still won’t say that I am successful. I have also faced a lot of loss due to excessive greed, so I always advise sell it whenever you are in good profit.

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July 12, 2023, 12:39:39 PM
 #35

I personally feel it has changed most of us in our life, In terms of technology and development we every one know the way we are heading towards web3, metaverse, defi are remarkable. All credits to development of bitcoin Smiley I am earning this from as well, I never thought I would make much descent money in this sector. share your success as well thankyou Cheesy

It would be wrong to say I haven't benefitted from the cryptocurency market but I haven't gotten the level of wealth I want to acquire that made me to get involved in the industry. I'm not impatient so I'll be waiting for my turn, I have done my investment rightly this time and I won't be missing out on the next bull market like I did in previous bull market.
There's so much opportunities in the industry as some projects has turned people into millionaire in a very short period of time. I want to see myself achieving similar success by making millions from my investment before I can say I have become successful in the industry. For now I'm just making few dollars but as I said, I have patience.
I'm not ready to follow others in investing in shitcoins or NFT then start hoping to get lucky, I want to plan myself to the millionaire network by investing in cryptocurency that I'll have to hold for some years so when the wealth comes I'll have experience to manage it very well so I won't lose them because of lack of experience.

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July 12, 2023, 12:57:06 PM
 #36

Many said its absolutely a scam, pathetic and more. but crypto currency has favored to those who trusted on it, In terms of cross border payment, p2p and vice versa the domination of crypto is keep on increasing. In terms of investment people knew only Crude, stocks, bonds, stock market, gold etc...but this platform made a way ahead to make money harder and smarter, I know most of the government's are not favoring this but in upcoming years you will see the green signal for crypto as well. 

I personally feel it has changed most of us in our life, In terms of technology and development we every one know the way we are heading towards web3, metaverse, defi are remarkable. All credits to development of bitcoin Smiley I am earning this from as well, I never thought I would make much descent money in this sector. share your success as well thankyou Cheesy

To be quite honest i would measure the success that i had with my crypto investments simply by the profit that i made or will make in the future with it. Given this approach my current success with cryptos is still non existant to be honest because so far i have not cashed out any of my crypto investments given to the fact that we are still in a bear market obviously. I think at the moment the value of my crypto holdings is pretty much at the same level as the value of the FIAT that i invested into crypto within the last years so i am still fine at the moment and of course i hope that once we go into a bull market again in the future i will have some profits too.
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July 12, 2023, 01:29:41 PM
 #37

Quote
Re: How would you measure your success in Crypto currency
The word success is very broad, and it also depends on the person.
It's a very subjective thing, and different people have different reasons for them to be called successful.

Some can just have 100 Bitcoins, and call themselves successful already. Some can just have reach their dream goal of having a hundred million dollars, and call themselves successful already. Some can call themselves successful if they manage to give their family a house and lot plus a car.

In cryptocurrency, TBH I can't measure my success into it because I'm very far away still from reaching my goal. What is my goal? Just simple. Holding a single Bitcoin in my wallet. I know it's hard (at least for me), but I believe that I can reach that one in the near future. Right now, I guess my measure of success is at around 20% only. I'm still far away from my goal like I said.
I would guess having more than you used to have should have been the only thing that matters, isn't it? I am not saying that's the only thing that matters, all I am saying that it is the biggest thing. Lets say today I have 1 bitcoin, and next year at the same day I have 2 bitcoins, isn't that success?

I feel like that's success enough and shouldn't really be different in any case. I know that it is going to be a bit of a trouble when we are talking about it that way, but that doesn't mean that we are not going to end up with a trouble. All in all I believe that we are going to make a profit one way or another, and that means we are going to make a profit so it should be a success, profit=success should stay as the indicator of success.

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July 12, 2023, 03:07:08 PM
 #38

It will all depends on your perspective on cryptocurrency if you can considered it as a success. Crypto for me has a success interms of adoptation but personally I don't think I get the success that I want. I have a financial goal in crypto and I still haven't achieved that goal even I experienced few bull runs. I made wrong decisions that's why I struggled on achieving my goal. This upcomming bull market, I will try my best to achieve the crypto success that I am considering.
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July 12, 2023, 03:13:25 PM
 #39

Those people who are saying that it's absolutely a scam are those who have experience with negative aspects and have been victimized with those people who make it their goal to let other people suffer with their hard earned money.

It's definitely life changing if you are early on it but the opportunity to earn from  it doesn't stop there. There's a bunch of markets that crypto has opened up so it's best to maximize it if you know how to.

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July 12, 2023, 04:31:36 PM
 #40

Many said its absolutely a scam, pathetic and more. but crypto currency has favored to those who trusted on it, In terms of cross border payment, p2p and vice versa the domination of crypto is keep on increasing. In terms of investment people knew only Crude, stocks, bonds, stock market, gold etc...but this platform made a way ahead to make money harder and smarter, I know most of the government's are not favoring this but in upcoming years you will see the green signal for crypto as well. 

I personally feel it has changed most of us in our life, In terms of technology and development we every one know the way we are heading towards web3, metaverse, defi are remarkable. All credits to development of bitcoin Smiley I am earning this from as well, I never thought I would make much descent money in this sector. share your success as well thankyou Cheesy
I do not deny that there are indeed many scam cryptocurrency, which steals the money of the customers, but in the behind there must also be sweet fruit if we really understand how to benefit from cryptocurrency itself, as far as I know cryptocurrency gives a lot of benefits I got even though in the early years it was very difficult because understanding it was quite complicated, but I could feel I could be successful today with the amount of income from cryptocurrency that supported my life to this day. I think this is the point of success that I can mention from this crypto industry, where I don't have to spend energy from my muscles to survive.

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