How would you measure your success in Crypto currency

[Nrcewker]

Yes, Bitcoins have literally helped make international transactions easier and more convenient. I made lots of profits from cryptocurrency, but I won’t consider it a success. Bitcoins have a lot of advantages, and due to Bitcoins, we have invented new technologies like NFTs and Defis. Earlier, people were forced to invest in stocks, bonds, and NIFTYs. But along with these investments, they are also surrounded by rules and taxes. But in the case of bitcoin investment, these parameters can be completely avoided. So yes, I can say crypto investment has somehow been successful for me.

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[Silberman]

Yes, Bitcoins have literally helped make international transactions easier and more convenient. I made lots of profits from cryptocurrency, but I won’t consider it a success. Bitcoins have a lot of advantages, and due to Bitcoins, we have invented new technologies like NFTs and Defis. Earlier, people were forced to invest in stocks, bonds, and NIFTYs. But along with these investments, they are also surrounded by rules and taxes. But in the case of bitcoin investment, these parameters can be completely avoided. So yes, I can say crypto investment has somehow been successful for me.

You need to be careful because even if once your money is in this market it cannot be easily taxed by the authorities of your country, once you leave this market and sell some of your coins for fiat and they touch your bank account, the first thing that a bank will do is to report that amount to the government and then they will come knocking your door asking to hear an explanation about the source of those funds and then they will ask for what it is legally theirs.

[Adreman23]

The success of a cryptocurrency is often measured by its ability to generate substantial fiat profits. However, in my view, the true success of a cryptocurrency lies in its widespread adoption as a viable form of currency, enabling people to use it for various transactions, including the purchase of goods and services.

[raidarksword]

Crypto have been my life saver hence I am unemployed and only taking of my family, even without a job I can still provide for the family due to crypto and I am truly thankful for that because despite all the hardships and obstacles in my crypto journey I still be able to cope up with. Still doing airdrops, bounties and doing testnet campaigns and hoping to make a jackpot towards it. Truly I can tell the I have success and failures in crypto but continues to move forward on my journey.

[nicolas222]

Cryptocurrencies are not a scam they are a valid alternative (finally!!!) to the only financial way proposed by the various governments to overpower the banks, the elimination of intermediaries, a way to keep one's savings safe, my success with cryptocurrencies? a monthly savings plan

[Questat]

Crypto have been my life saver hence I am unemployed and only taking of my family, even without a job I can still provide for the family due to crypto and I am truly thankful for that because despite all the hardships and obstacles in my crypto journey I still be able to cope up with. Still doing airdrops, bounties and doing testnet campaigns and hoping to make a jackpot towards it. Truly I can tell the I have success and failures in crypto but continues to move forward on my journey.

I won't stop you from participating in airdrops or keep on hunting bounties but rather spend your time learning about trading. Because it was hard to look for hope in airdrops where almost 100% are scams and useless tokens. I will tell you that you can never find success from that but you can find it from trading. Yes, many had failed from doing this but who knows if you can make things right and you are good at this. Because from this, you can actually find hope, and was not impossible to succeed.

[Bitcoin_people]

I highly recommend the cryptocurrency bitcoin for financial success that has changed my life. I fully understand that Bitcoin has changed the needs of my life. In the country where I live, Bitcoin is issued by government experts and is considered an illegal currency. But most of the banks in my country are not trusted to keep money many times it is going bankrupt. So I don't deposit my savings in banks but convert them into cryptocurrency bitcoins. But many a times people lose their money by investing their money in wrong coin and wrong location.

[tygeade]

Crypto have been my life saver hence I am unemployed and only taking of my family, even without a job I can still provide for the family due to crypto and I am truly thankful for that because despite all the hardships and obstacles in my crypto journey I still be able to cope up with. Still doing airdrops, bounties and doing testnet campaigns and hoping to make a jackpot towards it. Truly I can tell the I have success and failures in crypto but continues to move forward on my journey.

I won't stop you from participating in airdrops or keep on hunting bounties but rather spend your time learning about trading. Because it was hard to look for hope in airdrops where almost 100% are scams and useless tokens. I will tell you that you can never find success from that but you can find it from trading. Yes, many had failed from doing this but who knows if you can make things right and you are good at this. Because from this, you can actually find hope, and was not impossible to succeed.

I believe whenever people have a temporary money in their pocket they can live for a while, I think they should look for a way to learn a skill that can make it a permanent situation. Learning how to design, code, or do whatever, marketing is the most important skill of them all, if you learn marketing very well then you can sell anything and make money from affiliate income of it.

So if that person made money from airdrops, that's temporary and they are not going to make that all the time, it would be much better if they learn how to do a better job with leering better skills and then use those skills to find jobs in the crypto market. I have done that, and I am quite happy with the situation without a doubt.

[|MINER|]

~snip~

The meaning of success in cryptocurrency may be different for each person, but for me, success requires three things, one is patience, two is time and number three is hard work. I think that if all the people in the cryptocurrency world have these three things in them then they will definitely be successful. Because if we see that most people are unsuccessful or failure in cryptocurrency because of breaking these three things, such as not being patient, not being able to control their emotions, then not giving time to learn something new, and having this mentality in the mind that crypto can actually get rich easily without doing anything.

[Cryptozaika]

I think that measure success in cryptocurrency you can only by calculation the money you have earned on cryptocurrency. Also it is necessary to take in the account the money you have lost on cryptocurrency.

[Ziskinberg]

Crypto have been my life saver hence I am unemployed and only taking of my family, even without a job I can still provide for the family due to crypto and I am truly thankful for that because despite all the hardships and obstacles in my crypto journey I still be able to cope up with. Still doing airdrops, bounties and doing testnet campaigns and hoping to make a jackpot towards it. Truly I can tell the I have success and failures in crypto but continues to move forward on my journey.

I won't stop you from participating in airdrops or keep on hunting bounties but rather spend your time learning about trading. Because it was hard to look for hope in airdrops where almost 100% are scams and useless tokens. I will tell you that you can never find success from that but you can find it from trading. Yes, many had failed from doing this but who knows if you can make things right and you are good at this. Because from this, you can actually find hope, and was not impossible to succeed.

I believe whenever people have a temporary money in their pocket they can live for a while, I think they should look for a way to learn a skill that can make it a permanent situation. Learning how to design, code, or do whatever, marketing is the most important skill of them all, if you learn marketing very well then you can sell anything and make money from affiliate income of it.

So if that person made money from airdrops, that's temporary and they are not going to make that all the time, it would be much better if they learn how to do a better job with leering better skills and then use those skills to find jobs in the crypto market. I have done that, and I am quite happy with the situation without a doubt.

Having passive sources of income is much better than just having temporary ones. We have to invest in learning and developing our skills as these would be our great assets to improve our finances -like doing trades and any services to offered here can give us assurance to earn more money rather than relying on airdrops and bounties that only give us worthless tokens.  And I can only say I was successful once I get the full benefits from it - sustainable profit and learnings.

[babygun]

Crypto have been my life saver hence I am unemployed and only taking of my family, even without a job I can still provide for the family due to crypto and I am truly thankful for that because despite all the hardships and obstacles in my crypto journey I still be able to cope up with. Still doing airdrops, bounties and doing testnet campaigns and hoping to make a jackpot towards it. Truly I can tell the I have success and failures in crypto but continues to move forward on my journey.

I won't stop you from participating in airdrops or keep on hunting bounties but rather spend your time learning about trading. Because it was hard to look for hope in airdrops where almost 100% are scams and useless tokens. I will tell you that you can never find success from that but you can find it from trading. Yes, many had failed from doing this but who knows if you can make things right and you are good at this. Because from this, you can actually find hope, and was not impossible to succeed.

I agree with this 100%. I think most people that are new to cryptocurrency (and this forum) will start of with doing bounties and participating in airdrops as they think it is easy and quick money. But as you mention, 99% of all bounties and airdrops are just a total waste of time, they either turn scam or if they pay out, the tokens are not listed on a decent exchange and thus just useless.

[Xal0lex]

Bitcoins have a lot of advantages, and due to Bitcoins, we have invented new technologies like NFTs and Defis.

This is hardly a credit to bitcoin. We owe these types of tokens to Ethereum, not the bitcoin. NFTs on the bitcoin blockchain only came out this year, when NFTs on the ETH blockchain came out back in 2017 and thanks to the hype, NFTs became known around the world. DeFi too was popularized on the Ethereum blockchain in 2020. If you think back, all the significant hypes and new types of tokens appeared first on the Eth blockchain and then on the rest of the chains.

[Vivageneviv]

It's been a roller-coaster of some sort lol, my early days in the crypto space was very disappointing, I lost a lot of funds to scam projects, to hackers and to badly calculated trades. But I've made a few changes and it's been really productive in recent times. Indepth research has helped me when I'm investing, and trading on reliable exchanges like Binance and Bitget has exposed me to efficient products like Grid trading, Flexible Savings, Copy trading and so on especially on the later exchange.

[jacafbiz]

Success in Crypto is the number of people it has changed their financial life, some people are sitting currently on life changing money, money they never dreamed of in their life thanks to Crypto they can say they are financially independent. Being financially free is the best thing that can happen to anyone in life, to not think of where the next food will come from and have more than enough is a great feat

[Silberman]

Success in Crypto is the number of people it has changed their financial life, some people are sitting currently on life changing money, money they never dreamed of in their life thanks to Crypto they can say they are financially independent. Being financially free is the best thing that can happen to anyone in life, to not think of where the next food will come from and have more than enough is a great feat

Not having to worry about your income and to be free to do what you like the most is one of the best things that can happen to a person, however not everyone can handle that kind of freedom, without a structure many people feel lost and begin to engage on high risk behaviors which eventually will cause them to reevaluate their behavior, however a great deal of those people will only make this realization too late once they have committed a mistake from which there is no turning back.

[tengui]

it's not that they don't like or don't know about bitcoin but they choose investments that are much safer than bitcoin.many investments are safer than bitcoin eg gold and land. it doesn't matter what the form of investment is because the investment goal of all humans is the same namely profit.

[isaac_clarke22]

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 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

Yeah, but even though we're heading towards those trends especially Web3.0, there are still kinda "slumps" into it. We've been around ICOs back in 2017 and innovation were still coming through then we got NFTs, but the trend just died down after couple of years. Right now we're heading towards AI where it might impact a lot not just in crypto but to the whole market itself.

Good thing I am not easily brought down by trends. Trends aren't equally meaning as worth it. I've seen a lot of NFTs being mentioned to be the future, but I wonder where are they now though after they went radio silent for so long.

[Cryptozaika]

You success in the cryptocurrency depends too much how much money you earn on cryptocurrency. It is much more simple to earn money during the rise of the market then during the fall of the market. During the fall of the market everything is so unstable and unclear that many people lose money on cryptocurrency.

[Jocuserious]

You can go back a few years where there are a lot of success tokens and investments from those tokens have made huge profits. Actually crypto market is not stable so we get disappointed in fail market. Moreover, there are very few people who have not successfully profited from crypto and most investors have become rich from it.