Keys to be successful in Bitcoin

[Mr Kavod]

Bitcoin will be the best for you when you later emerge. But a lot of people take it for granted and they are carried away by what they should do and how they should go about it .
Kindly see the following keys to be successful in the area of Bitcoin :
1: make sure you are focused: if your attention is not on one position you will deviate and for you not to deviate you must be focused . To be focused means the area in which you are beholding is not left without fixing it .
2: consistency : every one who want to be successful in the Bitcoin space must be consistent, men and women that are consistent they don’t struggle to meet the demands of the community
3: Skillful : everything you do requires skillful and educated very well even in the aspect of theory in order to be able to give a rationale behind what you are doing in Bitcoin .
4: don’t Jealous a person success : a lot of people have a wrong motive about those who are doing well in Bitcoin their by condemning such individual which is a bad attitude . Everyone as the day is going your  luck will shine

You can kindly comment your view below ⬇️ to add your own key to be successful in Bitcoin .

[Kelvinid]

More than knowledge and skills, patience and consistency are also essential to achieve one's success. A lot wanted to enter bitcoin investment and aggressively buy bitcoin and hold. But when the market suddenly crash and make an effect to bitcoin price, these investors start to hesitate if they will continue to invest or not, and eventually decide to leave the market at a loss.

Consistency is mostly never realized, that's the sad reality. If only they can be patient with bitcoin's high volatility, then they can also assure consistency on what they have started at first.

[Hypnotizer]

The keys to becoming Successful in Bitcoin investment wouldn’t be complete if Discipline and Proper Risk Management aren’t part of it.

Discipline is very crucial for success in every field of investment or business not only in Bitcoin investment, and without discipline it will be really difficult to be consistent in the investment. Bitcoin investment requires discipline that will keep you grounded no matter the time, whether in the bull or bear market and also Discipline help you stick with your long term plans which will eventually lead you to achieve your goals.


Risk management on the other hand will help structure how you’ll go about with you investment and with proper risk management you wouldn’t fall for panic selling or invest more than you can afford to lose. Risk management is a very important aspect for success in Bitcoin investment.

[ZAINmalik75]

What should one consider being successful in Bitcoin? It's a relative thing, in my opinion. One might have the goal to accumulate a specific amount within a specific period, and then have a profit target that their investment should reach. However, it depends on every individual whether they are going to have a specific target timeframe to reach their goal, be it accumulating the funds or reaching the target for profits, because most people might not be able to invest money into Bitcoin consistently because of a shortage of funds, not everyone earn a lot of money.

I personally believe that those who can invest money in Bitcoin every month are actually fortunate or we could say blessed, because the majority don't have the opportunity to do that because of having a limited income which doesn't give you enough room to save money that you can invest somewhere since almost the whole income goes towards the monthly expenses, and you might even have some necessary things left that you have to postpone because of being low on budget. So, it's challenging, and those who get to do it consistently are lucky, I would say.

[Pauldesaints]

Before one embark on any investment,such person must have studied and get acquainted with all relevant information as regards to the investment he or she want to take.so in Bitcoin, before investing it  you must understand how it works and everything about it,how it behaves sometimes such as it's high volitality and rest so that you will be able the cope during these period to avoid fear or panic sales.you must also understand that Bitcoins are long time investment if you must make it don't rush to sell no matter the turnaround of events.

[rodskee]

Consistency is mostly never realized, that's the sad reality. If only they can be patient with bitcoin's high volatility, then they can also assure consistency on what they have started at first.

those who can’t be consistent most likely came from hearsays that bitcoin can make you a millionaire in a snap and when they don’t see that they end up throwing a tantrum and thinking they were fooled or scammed

[AprilioMP]

Bitcoin will be the best for you when you later emerge. But a lot of people take it for granted and they are carried away by what they should do and how they should go about it .
Kindly see the following keys to be successful in the area of Bitcoin :
1: make sure you are focused: if your attention is not on one position you will deviate and for you not to deviate you must be focused . To be focused means the area in which you are beholding is not left without fixing it .
2: consistency : every one who want to be successful in the Bitcoin space must be consistent, men and women that are consistent they don’t struggle to meet the demands of the community
3: Skillful : everything you do requires skillful and educated very well even in the aspect of theory in order to be able to give a rationale behind what you are doing in Bitcoin .
4: don’t Jealous a person success : a lot of people have a wrong motive about those who are doing well in Bitcoin their by condemning such individual which is a bad attitude . Everyone as the day is going your  luck will shine

You can kindly comment your view below ⬇️ to add your own key to be successful in Bitcoin .

You don't have to wait for success first, but it's better to do it together.
These 1, 2, 3, and 4 points apply to anyone who wants to achieve success. We need to have knowledge about Bitcoin. Then, once we know, the next step is to buy and hold. Knowledge about Bitcoin includes how to choose a wallet and keep your assets safe.

As for trading, that's not my area of expertise, so I can't add anything here because trading involves high risks, which requires extra knowledge. The profits and losses in trading are very close.

[Itz-prisigold]

One of the things that people often overlook about Bitcoin is patience and emotional control, we all know that Bitcoin always rewards people that are patient and this long term and ignore all the noise surrounding Bitcoin. Risk Management is another very important part of cryptocurrency investing. Only invest money that you are comfortable losing; do not place all of your financial future on one investment, because the crypto-markets will fluctuate; it is still a developing and volatile market. While I believe bitcoin has immense potential for growth;  like all markets, it does go straight up, down, left or right;  therefore,  we have to be prepared for the ebbs and flows of the market.

In addition to understanding the fundamentals of price and technology; I would recommend that people learn about self-custody and security.  As much as one needs to understand how to use a wallet, how to manage their private keys, and other basic security measures,  so too should they understand how to protect themselves from loss due to error.

Lastly, as with many things in life,  learning is an ongoing process in the world of cryptocurrencies. The way that bitcoin develops, regulations change,  and new ideas comes up all the time,  means that investors must always remain curious, and open-minded to the possibility of new developments in the space.

[Mame89]

Bitcoin will be the best for you when you later emerge. But a lot of people take it for granted and they are carried away by what they should do and how they should go about it .
Kindly see the following keys to be successful in the area of Bitcoin :
1: make sure you are focused: if your attention is not on one position you will deviate and for you not to deviate you must be focused . To be focused means the area in which you are beholding is not left without fixing it .
2: consistency : every one who want to be successful in the Bitcoin space must be consistent, men and women that are consistent they don’t struggle to meet the demands of the community
3: Skillful : everything you do requires skillful and educated very well even in the aspect of theory in order to be able to give a rationale behind what you are doing in Bitcoin .
4: don’t Jealous a person success : a lot of people have a wrong motive about those who are doing well in Bitcoin their by condemning such individual which is a bad attitude . Everyone as the day is going your  luck will shine

You can kindly comment your view below ⬇️ to add your own key to be successful in Bitcoin .

You don't have to wait for success first, but it's better to do it together.
These 1, 2, 3, and 4 points apply to anyone who wants to achieve success. We need to have knowledge about Bitcoin. Then, once we know, the next step is to buy and hold. Knowledge about Bitcoin includes how to choose a wallet and keep your assets safe.

As for trading, that's not my area of expertise, so I can't add anything here because trading involves high risks, which requires extra knowledge. The profits and losses in trading are very close.

That's right. The key to success in Bitcoin investing is never delaying buying Bitcoin consistently and you don't need to wait until you're rich to invest in Bitcoin. Investing in Bitcoin requires consistent commitment to your goals.

The four aspects outlined by the OP are certainly good, but to implement them effectively you must be able to study Bitcoin in depth. Essentially, honing your knowledge of Bitcoin and maintaining wallet security is vital for Bitcoin investment especially for long-term investments. So, the key to success in Bitcoin beyond what the OP has discussed is knowledge which is a crucial factor in Bitcoin investment, so you can be more confident and confident in implementing these aspects.

[YOSHIE]

You can kindly comment your view below ⬇️ to add your own key to be successful in Bitcoin .

If you want to be successful in the world of Bitcoin, especially if you don't talk about empty talk, such as consistency, skill, focus and so on, you have capital and long-term investment in Bitcoin, at least once the halving phenomenon occurs, it is better and will work, do it if you don't believe it.

For what nonsense you mention, whether you are a trading expert or a miner, if you are not part of it stop the nonsense, capital, futures investing in Bitcoin you will be successful, many have done that.

Read the story of Didi Taihuttu's success in Bitcoin.
• Didi Taihuttu: The Man Who Bet Everything on Bitcoin and Won

[Ishicryptic]

We all have different strategies on how to become successful in Bitcoin investment for many years, if your strategy works for you then you should stick to it, what matters is that you are consistent. It takes money to buy Bitcoin so a major key for me is that I should have source of income and have discretionary fund where I get money to buy Bitcoin consistently, secondly I should know how to protect my wallet security. If you can get it right in these two aspects you will go very far and achieve your aim of long term investment. Money and security are essential, understand financial management so you will always make provision for buying and be security conscious not to lose your wallet security.

[Rengga Jati]

I'm still not successful in Bitcoin.
But, I'm still trying to be successful by implementing the following based on various sources and also previous personal experiences:

1. Learn, learn, learn
Whatever, never jump into Bitcoin without any knowledge, deeper, broader, wider, much better

2. Do whatever you master on it
Trading, Investing, scalping, staking, mining, or other, ensure that we master it and are able to do it, never FOMO on what you are not comfortable with doing

3. Do it diligently, wisely, smartly, consistently, and with high discipline
Ah, this, will develop as time goes by, but, strong mentality will strengthen the ways to be much better every time.

#remember, there's no easy or instant ways to be successful

[Zlantann]

3: Skillful : everything you do requires skillful and educated very well even in the aspect of theory in order to be able to give a rationale behind what you are doing in Bitcoin .

Buying and hodling Bitcoin doesn't need much special skills. Maybe traders will have to understand many aspects of that area. If you know about wallets and security, you are on track to a successful investment journey.

4: don’t Jealous a person success : a lot of people have a wrong motive about those who are doing well in Bitcoin their by condemning such individual which is a bad attitude . Everyone as the day is going your  luck will shine

This point look very funny. Why would you have to compare yourself with someone else? Everyone would invest in Bitcoin based on their financial base and plans. Envying or jealousing someone because of his success is foolishness.

[SeriouslyGiveaway]

1: make sure you are focused: if your attention is not on one position you will deviate and for you not to deviate you must be focused . To be focused means the area in which you are beholding is not left without fixing it .

Stay focused on what you're doing is very good and important for success. With Bitcoin, let's focus on investment, and don't derail yourself from investment while before and during your investment, you must organize your finance well enough so that you won't use all money to invest in Bitcoin, and later have to sell your bitcoin for cash to use regularly or in emergency.

2: consistency : every one who want to be successful in the Bitcoin space must be consistent, men and women that are consistent they don’t struggle to meet the demands of the community

Be consistently with how you accumulate bitcoin and if you're disciplined with accumulation, you will build up your Bitcoin portfolio bigger and bigger with time. It's also an unofficial motivation to hold your bitcoin a long time, and holding longer time means better profit.

3: Skillful : everything you do requires skillful and educated very well even in the aspect of theory in order to be able to give a rationale behind what you are doing in Bitcoin .

Fundamentally skillful with what is best Bitcoin wallet, how to use a wallet, creation, verify, backup, recovery. You will be able to store your bitcoins well and safe enough for a long time. Investment will be only profitable if you can secure your bitcoin in non custodial wallets and don't lose it by mistake or security hole.

[nemesis_incarnate]

I'm still not successful in Bitcoin.
But, I'm still trying to be successful by implementing the following based on various sources and also previous personal experiences:

1. Learn, learn, learn
Whatever, never jump into Bitcoin without any knowledge, deeper, broader, wider, much better

2. Do whatever you master on it
Trading, Investing, scalping, staking, mining, or other, ensure that we master it and are able to do it, never FOMO on what you are not comfortable with doing

3. Do it diligently, wisely, smartly, consistently, and with high discipline
Ah, this, will develop as time goes by, but, strong mentality will strengthen the ways to be much better every time.

#remember, there's no easy or instant ways to be successful

i wouldn't put staking for BTCs as an option to be involved in.. Where you would do such a thing without risks?

[GeorgeJohn]

Bitcoin will be the best for you when you later emerge. But a lot of people take it for granted and they are carried away by what they should do and how they should go about it.

At first you should know that bitcoin is a currency, and what you think that bitcoin will give you an instant riches, it's not how bitcoin works...

1: make sure you are focused: if your attention is not on one position you will deviate and for you not to deviate you must be focused . To be focused means the area in which you are beholding is not left without fixing it .

I will encourage you not to give bitcoin all your attention..secondly as a newbie, bitcoin shouldn't be your major investment plan, consider bitcoin as your side hustle....

2: consistency : every one who want to be successful in the Bitcoin space must be consistent, men and women that are consistent they don’t struggle to meet the demands of the community

Been consistent in bitcoin investment as similar as given bitcoin a 100% attention, bitcoin doesn't need your consistency during when you invest...you can be accumulating your bitcoin based on the capital available with you, but it doesn't mean that without consistent in bitcoin you will not be successful..it's traders that needs to be consistent so they will not miss out profit.

3: Skillful : everything you do requires skillful and educated very well even in the aspect of theory in order to be able to give a rationale behind what you are doing in Bitcoin .

What you need is information to be successful, an education is a pathways for any business to be successful, so you need education and also suppose to know the key's to scale true in any investment process you venture into.

[nemesis_incarnate]

This point look very funny. Why would you have to compare yourself with someone else? Everyone would invest in Bitcoin based on their financial base and plans. Envying or jealousing someone because of his success is foolishness.

Because it's the human nature for some that is taking over them

But I agree with.. each person has his own road to walk regarding investments in BTC or crypto overall.

[Dunamisx]

1: make sure you are focused: if your attention is not on one position you will deviate and for you not to deviate you must be focused . To be focused means the area in which you are beholding is not left without fixing it .

I don't like the situation whereby people got deviated after been introduced to bitcoin in cryptocurrency, later to discover that they are going for altcoins, because of lack of information or how they have been deceived by they hypes in altcoins, some would also take decisions in selling off their assets and Bitcoin to buy alts, all these happens as a result of misinformation.

[Rockson1]

Basic knowledge first and you start your investment, having the basic knowledge does not stop you learning further, Bitcoin is al about continuity, the learning does not stop, for someone that finds Bitcoin worthy of his investment, such persons should be ready to learn new things always, we should understand that Bitcoin being an innovation has much in it.
Patience is one of the key of becoming very successful in Bitcoin investment, as an investor especially those that has set their plans for a long-term, patience to achieve your aim is what you need, good planing which involves investing with your discretionary income which makes you not to go beyond what you can afford, having an emergency funds helps too as it will help an investor not to withdraw from his hodling, with these few listed here, an investor can keep it going.

[qurbanshah02]

Basic knowledge first and you start your investment, having the basic knowledge does not stop you learning further, Bitcoin is al about continuity, the learning does not stop, for someone that finds Bitcoin worthy of his investment, such persons should be ready to learn new things always, we should understand that Bitcoin being an innovation has much in it.
Patience is one of the key of becoming very successful in Bitcoin investment, as an investor especially those that has set their plans for a long-term, patience to achieve your aim is what you need, good planing which involves investing with your discretionary income which makes you not to go beyond what you can afford, having an emergency funds helps too as it will help an investor not to withdraw from his hodling, with these few listed here, an investor can keep it going.

In fact, the more we know about Bitcoin, the more we are able to invest in it, so we should learn even after investing because it will benefit us a lot. Reading Bitcoin is not that it is difficult, but it is better to understand it by making it difficult. Because sometimes there are such points in Bitcoin in which it becomes quite difficult to understand and as Bitcoin had become quite difficult in the past, we should never be unable to understand it. This is something that is kept in Bitcoin for a long time and to understand Bitcoin on a large scale, we will benefit from it at small points. This clearly shows that there are benefits for us from every side of Bitcoin that we should get from it. Similarly, we should keep understanding Bitcoin so that we get the opportunity to invest more.