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Author Topic: How would you measure your success in Crypto currency  (Read 1416 times)
TopT3ns
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July 24, 2023, 11:13:46 PM
 #101

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.
A few years ago, many tokens were successful because there was a bull run, many people had a lot of money, and it was easy to profit from cryptocurrency, whereas now a bull run seems difficult to happen, and investors are more selective in choosing projects; they must have developments that are useful for many people or mutually beneficial for both parties to get success while being offered.

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July 25, 2023, 05:19:23 AM
 #102

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.
That is one of the most notable reasons why Bitcoin is so popular, a lot of people use Bitcoin as an escape route from traditional financial institutions because they don't want to use them as they don't have any trust in them, but sometimes, there are hurdles in their way just like you mentioned that the government has made cryptocurrencies illegal but you are still using it as your escape from fiat and institutions that are manipulating and controlling.

Bitcoin is definitely the most trusted cryptocurrency in the whole industry when it comes to storing the savings that you have from your real-life job or anything, there might be some trusted altcoins out there as well but you can't risk putting your life savings in an altcoins as anything can happen.
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July 25, 2023, 05:26:25 AM
 #103

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.
That is one of the most notable reasons why Bitcoin is so popular, a lot of people use Bitcoin as an escape route from traditional financial institutions because they don't want to use them as they don't have any trust in them, but sometimes, there are hurdles in their way just like you mentioned that the government has made cryptocurrencies illegal but you are still using it as your escape from fiat and institutions that are manipulating and controlling.

Bitcoin is definitely the most trusted cryptocurrency in the whole industry when it comes to storing the savings that you have from your real-life job or anything, there might be some trusted altcoins out there as well but you can't risk putting your life savings in an altcoins as anything can happen.
To a certain extent, you have a legitimate point. Sure, Bitcoin is the frontrunner; its the OG; your grandma's heard of it. Without a shadow of a doubt, it is the most well-known digital currency. But that would be like claiming there is no other reliable soft drink save Coca-Cola.

C'mon! Cryptocurrency is a vast and diverse field. Bitcoin isnt the only option. There is a wide variety of cryptocurrencies, each with its own set of benefits, underlying technology, and savvy development teams. Ethereum, Cardano, Polkadot, and dozens more are just a few examples. There are some altcoins that are not as risky as others. Some of them could turn out to be golden geese if you do your homework. Cryptography is not a lose-all competition, my friend.

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July 25, 2023, 09:52:32 AM
 #104

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.
We are not heading towards AI, we are inside the AI period, which means that if the bull run happens right now then AI would have been the biggest thing, but all the AI projects right now getting failure because we are not in a bull market right now. When the bitcoin passes its current ATH and be better then we are going to ask what is famous right now? That's going to be the case and that's going to help people out.

It is not going to be easy but we are going to end up with a solution that would be important. This is why I have some changes in mind to AI, and that needs to be something that automates things that makes peoples life easier. So whatever AI automation is famous at that time, could be the important one.

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July 25, 2023, 10:52:36 AM
 #105

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.
That is one of the most notable reasons why Bitcoin is so popular, a lot of people use Bitcoin as an escape route from traditional financial institutions because they don't want to use them as they don't have any trust in them, but sometimes, there are hurdles in their way just like you mentioned that the government has made cryptocurrencies illegal but you are still using it as your escape from fiat and institutions that are manipulating and controlling.

Bitcoin is definitely the most trusted cryptocurrency in the whole industry when it comes to storing the savings that you have from your real-life job or anything, there might be some trusted altcoins out there as well but you can't risk putting your life savings in an altcoins as anything can happen.
If it happens in the world that everyone starts measuring value in bitcoins, it will definitely change the lives of many people, especially those who have invested in bitcoin even now. But as long as absolutely everything is subordinated to the dollar everywhere, someone will lose money and become disappointed in cryptocurrencies. As long as the dollar exists, cryptocurrencies are just speculation, which is without regulation.
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July 26, 2023, 09:04:24 AM
 #106

I agree with you. Cryptocurrency has changed my life as well. And I didn't even realize that there was a possibility to get a little money from giveaways or contests. At the moment I participate in Fairspin web3quest and there it is very easy to get a part of the prize fund by doing easy quests. I never thought it was possible
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July 26, 2023, 06:30:41 PM
 #107

That is one of the most notable reasons why Bitcoin is so popular, a lot of people use Bitcoin as an escape route from traditional financial institutions because they don't want to use them as they don't have any trust in them, but sometimes, there are hurdles in their way just like you mentioned that the government has made cryptocurrencies illegal but you are still using it as your escape from fiat and institutions that are manipulating and controlling.

Bitcoin is definitely the most trusted cryptocurrency in the whole industry when it comes to storing the savings that you have from your real-life job or anything, there might be some trusted altcoins out there as well but you can't risk putting your life savings in an altcoins as anything can happen.
If it happens in the world that everyone starts measuring value in bitcoins, it will definitely change the lives of many people, especially those who have invested in bitcoin even now. But as long as absolutely everything is subordinated to the dollar everywhere, someone will lose money and become disappointed in cryptocurrencies. As long as the dollar exists, cryptocurrencies are just speculation, which is without regulation.
That's going to "eventually" happen if you ask me. I know that it will probably not happen anytime soon but looking at the situation at hand right now I feel like we are talking about a situation where it could be based on trajectory we are on right now. Think about it, if we are doing such a good work in the past 10 years and grew this much, then it means we still have time to grow as well.

If we grow the same way (not in price but in popularity) for the next 10 years that means we are going to have hundreds of millions of people, maybe close to a billion people who are interested in bitcoin. Sure the % profit we make may not go as much, but at least we will have enough people that think in bitcoin terms when calculating something.

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July 26, 2023, 06:53:47 PM
 #108

Many people in my society say, that you are wasting your time in crypto, and my reply to them is only. Look at the bank balance I have now. Before crypto, I didn't have that many resources but from the day I start investing in crypto, It completely presented me with a different life with having all my needs obtainable.

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July 26, 2023, 08:28:58 PM
 #109

A lot depends how much money you earned on cryptocurrency. But to earn much it is necessary to know the technology and understand how cryptocurrency works.
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July 27, 2023, 03:05:14 AM
 #110

Many year ago my some cryptocurrency token successful.When bull run start from crypto market.I hold some good token than huge pump start.This crypto currency huge successful in my life.This time my life fully changes.You believe crypto currency change your life.Best coin hold when market down than market up huge surprise.

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July 27, 2023, 06:12:45 AM
 #111

People who don't have any idea about crypto currency understand that investment means stock market, gold, land etc. people usually invest their money in all these other than cryptocurrency. But beyond these there is ample room for investment. Investing in crypto market is one of them. Nowadays people are now more interested in investing in raging currencies. Many people withdraw their money from the bank and invest that money in Bitcoin.  
Apart from Bitcoin, there are other important coins that people are currently investing in, but right now people are relying on Bitcoin the most and investing in Bitcoin for the long term. I think investing in bitcoin is better than investing in gold or stock market. Because if you buy bitcoin with the same amount of money you buy gold and wait for a long time, then it is possible to earn several times more profit from bitcoin than from gold.

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July 27, 2023, 07:43:01 PM
 #112

Many people in my society say, that you are wasting your time in crypto, and my reply to them is only. Look at the bank balance I have now. Before crypto, I didn't have that many resources but from the day I start investing in crypto, It completely presented me with a different life with having all my needs obtainable.
It is always the same story, if we listened to the majority of the people and what they think about everything that is new then we could have never emerged out of the caves in which our ancestors lived, if we want to make any progress in life then some sort of risks needs to be taken, and while this means that our chances of failure increase as we are doing something out of the norm, it is also true that if we happen to be right then our success will be many times bigger than what we could have obtained otherwise.
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July 27, 2023, 07:45:47 PM
 #113

Many people in my society say, that you are wasting your time in crypto, and my reply to them is only. Look at the bank balance I have now. Before crypto, I didn't have that many resources but from the day I start investing in crypto, It completely presented me with a different life with having all my needs obtainable.
It is always the same story, if we listened to the majority of the people and what they think about everything that is new then we could have never emerged out of the caves in which our ancestors lived, if we want to make any progress in life then some sort of risks needs to be taken, and while this means that our chances of failure increase as we are doing something out of the norm, it is also true that if we happen to be right then our success will be many times bigger than what we could have obtained otherwise.

Absolutely right, as I have seen many of the people of these types that are always in search of taunting other people, even if they are at a successful place, but the conclusion is that we should not listen to others that much, that we may be take tension due to which , we can lose our successful percentage.

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July 27, 2023, 09:44:19 PM
 #114

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 have made me overcome a lot of critics. All credits to the development of bitcoin truly. Now, I can say I've made a lot from this technology.

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July 27, 2023, 10:43:08 PM
 #115

I look at the dev activity of a project. Are they building? Are they innovating? Is the project alive?

Cryptos like Decred are constantly building and have monthly dev reports.
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July 27, 2023, 11:38:25 PM
 #116

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 decent money in this sector. Share your success as well thankyou Cheesy
We have recorded more success than failure in some cryptocurrency industries,  and many of those who blanketly call cryptocurrencies like bitcoin a scam are all doing so because of the ignorance of the truth and facts of the subject of bitcoin and cryptography which Satoshi introduced a couple of years ago.

With all the late development and invention in the industry,  one is certain that in the coming years, we are going to witness more positive development that will change a lot of things around our human existence, and a good example is the web3 metaverse development that has transformed the way human works and interact with the virtual environment all through the help of advanced technology and development that is aided by cryptocurrency and the blockchain technologies.

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July 28, 2023, 01:48:00 AM
 #117

Crypto surely has made in the news and is a matter of discussion for most gatherings. Spread about it's knowledge was quicker than the internet. But it has failed to integrate to our lives and economy to the extent everyone believed it would. One of the main reason why it's a household topic of debate but not of use is it's association with scams and another reason would be the highly volatile and speculative prices. Scams had always been a thing and it has became easier with crypto. And as everyone and every company jumps into crypto creating different hypes, the crypto is considered more like a gambling platform than looking at its utility.

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July 28, 2023, 03:49:00 AM
 #118

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. 

Well if you listen to them and believed all the negative thoughts about crypto, then for your you have missed a lot of things. But good for those who maintain their believed in crypto just like the rest of us, as it is a game changer. And for sure, majority has made a lot of money already thru their trading and investing.

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 has evolved a lot, specially I think the golden years of bitcoin or crypto was that 2017 all time high. Because for me that is the year wherein we really see a lot of projects booming and then people started to realized what crypto can bring. And so there is ICO->IEO and others and now P2E, Web3 and Metaverse. So it will continue to grow specially that we are approaching the bull run next year.

 
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July 28, 2023, 07:56:58 AM
 #119

Interesting question. Though I would not find myself in a position where crypto tells me how successful I am or whether I am not, let us give this a try. I think crypto success should be measured in terms of gains over a period of time. The type of gain. For example, how did we end up earning that much profit? Whether it was through extensive trading, ups and downs, a lot of losses, and then recoveries, etc. Or whether it was simply by HOLDING your Bitcoin in cold storage. I am more interested in the second one. If you are a true holder and you have gained more than enough in the course of let's say 4 years or something then I think it's enough success to be called. Imagine, you did nothing but chose the right time to buy the crypto and just kept them safe in your hardware wallet. In the first case scenario, it's common to trade these days, it is purely based on skills, and has a short success rate.
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July 28, 2023, 07:59:34 AM
 #120


Of course, I made money from cryptocurrencies, but first of all, I think I gained an identity because the world is no longer the old world for me... I am eternally grateful to God for meeting Satoshi and his idea of Bitcoin.

Bitcoin is the revolutionary movement for the new technological growth for financial freedom and that is the most important of satoshi creation of bitcoin. This is the main goal but the other side of it is beginning to take front burner of it which is investment aspect and financial benefit. Making money from crypto investment is good though because it has also given financial freedom and increased access to wealth especially for the youth but at the same time, we have to remember the main achievement like you have mentioned.
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