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Author Topic: How would you measure your success in Crypto currency  (Read 1416 times)
bakasabo
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July 28, 2023, 08:03:25 AM
 #121

I find it hard to measure my success in cryptocurrency, because I am still holding most of the cryptocurrency I've bought. Until I've sold them and converted to fiat, they are still unclosed trading deals for me. As usually, I have some positions where currently I am on a loss, and some where I am in nice profit. Since cryptocurrency is not my main source of income, and I happen to have crypto from bounties, airdrops and etc, meaning I have invested only time, but got crypto that has a value, I can say that I am successful with crypto.

 
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July 29, 2023, 06:41:52 PM
 #122

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.
Unfortunately not enough people realize that bitcoin would beat any of them on the long run. I could invest into bitcoin today, and with the same exact amount I would let anyone to invest in anything else, and I bet that 99.99% of the time I would make more money.

This is of course talking about assets, things you can invest into as anyone, because if we are talking about business, then we are talking about actually making money and growing, not only you would make more profit but your business would worth more as well if you decide to sell one day. Those things matter and I believe that many people miss those parts. So in the end, if you do not own a business, you should simply just end up investing into bitcoin.

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July 29, 2023, 08:41:38 PM
 #123

I find it hard to measure my success in cryptocurrency, because I am still holding most of the cryptocurrency I've bought. Until I've sold them and converted to fiat, they are still unclosed trading deals for me. As usually, I have some positions where currently I am on a loss, and some where I am in nice profit. Since cryptocurrency is not my main source of income, and I happen to have crypto from bounties, airdrops and etc, meaning I have invested only time, but got crypto that has a value, I can say that I am successful with crypto.

Crypto won't work the way we want and we should always expect developments and improvements all the time as the technology continuously innovates. We should only learn how to adopt the changes and deal with it for us to be able to grab more opportunities that crypto could offer because if we will only stick to the traditional crypto methods, we will not grow as crypto users.
The innovations and developments aren'y negative things that we should fear off but rather opportunities that we have to learn and embrace. We should never get tired of learning as crypto has a lot to offer us only if we will be eager to enjoy all the opportunities that it could offer.
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August 04, 2023, 01:34:31 PM
 #124

No Scams in Cryptocurrencies It is not but certainly there are scams. But it has changed most of the lives of those who put their trust in Cryptocurrencies.  That is, those who were interested in cryptocurrencies have made good progress.  But I think everyone's success may vary. I would personally say cryptocurrency and bitcoin have changed a lot of my life.  I have made a lot of money investing in cryptocurrencies.  So far cryptocurrency is my main source of income and I earn from bounties, airdrops and etc.So I have a lot of success in cryptocurrency.
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August 15, 2023, 03:06:26 AM
 #125

in investing in crypto certainly requires a hard struggle and not everyone is successful in crypto because there are losses and there are profits, but in my opinion the success of people investing in crypto is very difficult to measure but what is certain in my opinion is of the characteristics of a successful person in crypto are those who benefit from their investment in crypto.

may we all benefit from investing in crypto and be successful.

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September 04, 2023, 11:12:28 PM
 #126

Cryptocurrency already brings revolution in the world which also effect our life. Agreed that, this technology is bigger and ahead than our thoughts. Thats why people planning to makes money from it which seems normal to me. I don't know about to define Succesful measurement cause people always expect more than they have. this is why measurement has issue during measuring success. For me, crypto gave me a lots opportunities and helped me to earn but I'm still survive to consider myself successful.

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September 05, 2023, 12:52:19 PM
 #127

Cryptocurrency already brings revolution in the world which also effect our life. Agreed that, this technology is bigger and ahead than our thoughts. Thats why people planning to makes money from it which seems normal to me.
It's common for people to know that crypto is more than just another currency because it's also an investment. And a person's success on it is being determined on how much profit they get from trading, holding and selling it.

I don't know about to define Succesful measurement cause people always expect more than they have. this is why measurement has issue during measuring success. For me, crypto gave me a lots opportunities and helped me to earn but I'm still survive to consider myself successful.
Definition of it might varies per person but the common denominator is about how much we make from it. That's usually a no brainer thing to measure how successful a person is with his stay on this market.

Other than that, maybe about the contribution that he's given to specific projects that he's supporting.

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September 05, 2023, 01:13:31 PM
 #128

Actually what I have to say in this theory is that Bitcoin as digital currency have it's way of success, if you invest in Bitcoin without been conscious or curious of the investment their is every tendency that you make some profit and success in cryptocurrency investment and especially when you invest in a coin that have a good reputation and good development, secondly if cryptocurrency is of the bullish season any other coins follows the same line of the bullish to make success, so therefore i will encourage people to invest with their spare money and the investment to enter into long run so that they will make a very big profit.


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September 05, 2023, 01:59:44 PM
 #129

share your success as well thankyou Cheesy
If by success you mean fulfilment, I can boldly say I've done very well for myself in that regard vis-a-vis Bitcoin and cryptos in general. However, if by success you mean razzmatazz and all that glamour; then I will say no. I'm one of the few who came into this industry empty handedly. No cash to invest, nothing whatsoever but my curiosity. That curiosity gave rise to series of researches that landed me in this forum. My first Bitcoin was earned here, and never bought. From then, I got into series of little investments here and there. The biggest win for me with Bitcoin is the variety of investments which it has thrown up for me in the crypto space. To say I can even do those investments and monitor them from anywhere I am, is the icing on the cake.

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September 05, 2023, 02:25:35 PM
 #130

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
You have almost same experience like me .I was really upset before knowing about crypto market .I had few knowledge on forex ,stocks and commodities but didn’t know about this crypto market .One of my friend told me about this world and that's how i came to know that .After starting to get knowledge from here i started to earn on different ways you know like ICO,IEO,Defi,Nft and many more .I also do trade on this market still think it is so risky need to take more tome to seek knowledge and become professional .However there are many more update coming on this crypto world still thinking we are lucky to get this technology first .I hope we can earn much and more on the upcoming days .

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September 09, 2023, 06:50:15 PM
 #131

Cryptocurrency already brings revolution in the world which also effect our life. Agreed that, this technology is bigger and ahead than our thoughts. Thats why people planning to makes money from it which seems normal to me. I don't know about to define Succesful measurement cause people always expect more than they have. this is why measurement has issue during measuring success. For me, crypto gave me a lots opportunities and helped me to earn but I'm still survive to consider myself successful.
I don't really think that it requires rocket science for someone to determine and evaluate their success in cryptocurrencies from when they started their journey until now. A person who enters a financial market with their capital must have records of their trades, how much they are investing, how much they've gained over every trade, and how much they have lost if they have lost any trades, and these stats and records will allow them to determine their success.

If a person has a net profit in plus and has gained at least something with their trading, they are successful, and the level of your success depends on how much you've gained so far based on your capital and how many trades you've made so far. However, if you are in profit, you are successful in trading.

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September 11, 2023, 07:29:36 PM
 #132

I think Measure Process of successful is depend on a individual, his thoughts, his investment and as well as his returned profit. I invested and received so many altcoins, some are in good condition and most of those are dead. Here the most important thing is roi. People Don't care about web3, meta, defi or ai. Technology is bring us opportunity but people only want to have profit. For me, my target isn’t fulfilled yet. Maybe next year, we'll see some green signs in Market

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September 12, 2023, 03:28:51 PM
 #133

I think Measure Process of successful is depend on a individual, his thoughts, his investment and as well as his returned profit. I invested and received so many altcoins, some are in good condition and most of those are dead. Here the most important thing is roi. People Don't care about web3, meta, defi or ai. Technology is bring us opportunity but people only want to have profit. For me, my target isn’t fulfilled yet. Maybe next year, we'll see some green signs in Market
Yes everyone is hoping that crypto market will be better next year. But I have invested in some coins and after few days of investment I see a lot of loss. So I am waiting to sell them in next year. After investing we have to wait if we  If we can't wait then we will never be able to make a profit by investing in any coin. But if bitcoin price can reach 40k$ within this year then all altcoin market will be very good.

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September 12, 2023, 04:45:04 PM
 #134

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. 
In cryptocurrency investment many people have their own mindset and understanding concerning cryptocurrency, but I believe that cryptocurrency is all about trust and understanding before you can invest in cryptocurrency, so those people who are tagging cryptocurrency and especially bitcoin as a scam, I will say they are myopic of what cryptocurrency is all about, this is one of the reasons while some countries government dislike cryptocurrency because they thought that cryptocurrency will be a measure of embezzlement of funds until when some countries understand the features of cryptocurrency and they began to implement a law of regulating bitcoin.


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Kamasylvia
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September 12, 2023, 05:16:56 PM
 #135

The definition of success is cryptos do the work for you , after countless times picking right coins to invest , You finally gain enough and stable return and your invesment will be growing slowly day by day maybe year per year .

And you will face situation when its slowly become your steady and passive income and you will be sitting mindlessly while your portofolio is up to the charts . Of course there is also the point where the price is slowly regressing but its your choice , you ready to take the risk for bigger opportunity !
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October 03, 2023, 05:51:00 PM
 #136

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 think for the most part people will talk about there personal gains because most people aren't involved in any different crypto projects.  I can say one of my major successes with crypto though is not in how much I made but who along the way I have met due to crypto.  I have made some great irl friends that I might have otherwise not have known.  Time and relationships to me is much more important than money so even if I "crap out" it will not be a loss Smiley

In crypto trading, you build a good relationship. That's great, but of course, everyone has their own definition of success. For some people, it's money; for others, it's relationship or friendship; for others, it's knowledge. So we can't judge anyone based on their success. Because behind the success there are always personal reasons, and there is a question: why does this success matter to them the most? Nothing is gain or lose until they think about it, but whenever people face a huge scam or loss, they definitely feel bad and can't even say they are successful or happy about it. So different people experience things differently, even though the path we traveled was the same. So I believe people speak according to their own experience, so there is no need to correct them; everyone's opinion matters.

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October 03, 2023, 07:01:27 PM
 #137

In my personal opinion, the measure of success in cryptocurrency is how much one has been able to earn from it and how much knowledge has been gained about crypto. Because at the end of the day everyone wants to see only the profit. But the measure of success for those who are new here is how much knowledge they have gained about crypto.

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DabsPoorVersion
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October 04, 2023, 10:44:41 AM
 #138

In my personal opinion, the measure of success in cryptocurrency is how much one has been able to earn from it and how much knowledge has been gained about crypto. Because at the end of the day everyone wants to see only the profit. But the measure of success for those who are new here is how much knowledge they have gained about crypto.
I agree that it is not all about the money. Many people might think that the true success will always depend on how much money you make, but the thing is, without proper knowledge, you will not be able to gain any amount of money. Knowledge is the fruit of every success in crypto space.

Aside from being knowledgeable, success in crypto can measure on how wide its use and how many people was able to adopt it. The more it is being accepted in more places around the world, the more success it gains.

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October 07, 2023, 12:51:23 AM
 #139

I have invested in some coins and after few days of investment I see a lot of loss. So I am waiting to sell them in next year. if bitcoin price can reach 40k$ within this year then all altcoin market will be very good
crypto change the perspective of this world, people keep involving with it as it offers a significant earn opportunity to people but in smart way, as op said. So need to analysis before step taking any action on buying cryptocurrencies as you have a lots of choices here. I like to involve new projects which have potentiality to go ahead but established cryptocurrencies are safe enough to go with as successful investment. And yeah btc contribution is major matter in this sector as others crypto follows btc movement.

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October 07, 2023, 01:34:19 AM
 #140

Individually our success in crypto depends on when we enter the crypto space, the crypto we invested in, bitcoin or altcoin, and the amount we were able to risk toward our investment.

So far so good, my crypto journey has been an interesting one. I wouldn't lie but say that crypto has changed the financial aspect of my life. I am gradually moving into the financial freedom it promises us if we are to invest in bitcoin. Thanks to crypto I don't look like what I passed through years back. I can now invest wisely with the amount I can afford to lose

 
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