What Separates Successful Bitcoin Investors from Everyone Else?

[Franklyn-wood]

Investment success does not come by following any specific rule, but the success of those who have succeeded is a path that people follow. For example: A Brazilian guy loves Coca-Cola or similar drinks and used to drink regularly. Suddenly one day he saw that he had accumulated many cans. He sold those wastage cans/bottles and bought Bitcoin with that money, he kept doing this for a long time and eventually accumulated 1 BTC, which he still holds today.

So when you start, it looks small or not anything big to say but when it continues for years in the long run, it becomes whale. So in terms of investing success in Bitcoin, you have to start by planning according to your ability, but of course, it must be long-term with discipline and the investment money should be such that if it is lost, there will be no problem or as an option that is not included in life management. In most cases, it has been seen that those who have succeeded in investing have been successful because of habits and positive mindset.

Discipline is a strong aspect that can help regulate one discission in the investments of Bitcoin. A lot of negative speculation will come up and people will want to discourage base of there take of personal believe or experience.
In same note it is important to know that there is no amount too small to invest in Bitcoin coin, as some things it only the rich than can invest in Bitcoin.

[New Judgement]

To achieve this goal, we basically need to be consistent, disciplined, patient and wise. Patience is enough to be successful in investing with just a few dollars.

That's a whole lots of patience you are going to have there, if you are only investing a few dollars in bitcoin in today’s market reality. Patience is good, but it doesn’t do the magic alone, to be successful in bitcoin investment today, you will need to invest more than just a few dollars as you said above. To get one bitcoin now you need more than just a few dollars. You need plenty of dollars to succeed in bitcoin investment these days. While we need to have patience as an essential quality for a bitcoin investor, our portfolio size will also determine how far stretch our patience need to go.

[Bluebird1357]

Discipline is a strong aspect that can help regulate one discission in the investments of Bitcoin. A lot of negative speculation will come up and people will want to discourage base of there take of personal believe or experience.
In same note it is important to know that there is no amount too small to invest in Bitcoin coin, as some things it only the rich than can invest in Bitcoin.

Yes, don't need to be rich to invest in Bitcoin. Most people who want to invest in Bitcoin for the first time have various misconceptions in their minds and delay investing by listening to what others say. Consequently, discipline is a very important thing for investors, especially for new small investors.

You can't invest in Bitcoin only if you are rich, and it is also not right to think that people with low incomes cannot invest in Bitcoin, but to start investing in Bitcoin, you need proper knowledge about it (here knowledge does not mean obtaining a big degree), discipline and confidence.

what is needed for BTC investment is, in short, discretionary income, that is the money that is left after meeting the necessary needs of daily life. Investing in Bitcoin with that money is the safest strategy.

[cxtreenal]

Investment success does not come by following any specific rule, but the success of those who have succeeded is a path that people follow. For example: A Brazilian guy loves Coca-Cola or similar drinks and used to drink regularly. Suddenly one day he saw that he had accumulated many cans. He sold those wastage cans/bottles and bought Bitcoin with that money, he kept doing this for a long time and eventually accumulated 1 BTC, which he still holds today.

So when you start, it looks small or not anything big to say but when it continues for years in the long run, it becomes whale. So in terms of investing success in Bitcoin, you have to start by planning according to your ability, but of course, it must be long-term with discipline and the investment money should be such that if it is lost, there will be no problem or as an option that is not included in life management. In most cases, it has been seen that those who have succeeded in investing have been successful because of habits and positive mindset.

Discipline is a strong aspect that can help regulate one discission in the investments of Bitcoin. A lot of negative speculation will come up and people will want to discourage base of there take of personal believe or experience.
In same note it is important to know that there is no amount too small to invest in Bitcoin coin, as some things it only the rich than can invest in Bitcoin.

Even if you invest in Bitcoin, you are a valuable investor. The rich may be ahead of the poor because they have more capital, but in reality, the winners are those who accumulate Bitcoin for the long term. In that context it is not impossible for a poor investor to be ahead of a rich investor because it is not difficult to surpass a rich investor through perseverance and discipline.
Not only in Bitcoin investment, there will be many enticers who will discourage you. When the price of Bitcoin falls, a group of enticers will criticize Bitcoin and say that it will go to zero. Again when the price of Bitcoin increases they say that it will fall very soon. They will tempt you to withdraw your holdings they only criticize but Bitcoin reacts positively and the price increases. Those investors are successful who have successfully completed each cycle through the DCA method.

[Davidloki]

My definition of a successful investor is an investor that have achieved his goal of buying the amount of bitcoin he thought of buying. If the investor sets a goal for $10k value of bitcoin and bought them, he is successful. Being successful in bitcoin investment for me doesn't mean taking profit. This is because for an investor to reach his buying goal, he is certainly going to be in profit if he does not touch the bitcoin for a while. 

The challenge why other investor do not succeed because they did not reach their accumulation goal. Probably stopped halfway or withdrew some of the bitcoins for other needs.

To achieve the buying goal, the investor must not be rich. A middle-class citizen is more likely to become successful in bitcoin investment than a wealthy man. The difference between the two is the character developed when they started the investment. Commonly known as discipline and tolerance.

[Itz-prisigold]

My definition of a successful investor is an investor that have achieved his goal of buying the amount of bitcoin he thought of buying. If the investor sets a goal for $10k value of bitcoin and bought them, he is successful. Being successful in bitcoin investment for me doesn't mean taking profit. This is because for an investor to reach his buying goal, he is certainly going to be in profit if he does not touch the bitcoin for a while. 

The challenge why other investor do not succeed because they did not reach their accumulation goal. Probably stopped halfway or withdrew some of the bitcoins for other needs.

I want you to know that just because an investor was able to achieve his or her accumulation goal and hold for long term doesn't automatically mean that success is guaranteed. Sure if Bitcoin preforms very well, then your holdings can worth more than what you actually paid for.

And not all investor's failed because they were not to able to reach their accumulation goal. Most investor stop accumulating Bitcoin half way because their financial circumstances changed, unexpected expenses and so on. And I don't think withdrawing some of your Bitcoin means failure. If you actually sell part your Bitcoin to achieve another financial goal, then I think that is a successful investment decision.

To achieve the buying goal, the investor must not be rich. A middle-class citizen is more likely to become successful in bitcoin investment than a wealthy man. The difference between the two is the character developed when they started the investment. Commonly known as discipline and tolerance.

I don't believe that being a middle class citizen doesn't make that person more likely to succeed in Bitcoin accumulation than a wealthy man. Things that actually matters more in Bitcoin investment is discipline, risk management, financial situation, and your investment strategy. This things are more important than being a middle class or wealthy.

[JimaGod]

Discipline is a strong aspect that can help regulate one discission in the investments of Bitcoin. A lot of negative speculation will come up and people will want to discourage base of there take of personal believe or experience.
In same note it is important to know that there is no amount too small to invest in Bitcoin coin, as some things it only the rich than can invest in Bitcoin.

Oh yes we don't need to be extremely rich to start our own crypto journey. We can start investment in the crypto market with any amount because we should be trading with the capital that we can afford to lose and not the other way round. When talking about discipline,nitd very imperative in this current market because I wonder what we would've done without having following disciplinary measures in the market.

I know the market doesn't always give us what we plan and explore for but it doesn't mean we should relaxed and not pressure ourselves to make it to the top in the market. It's the main objective for everyone who's acquainted with the crypto market and also Bitcoin investors.

[Obari]

They become excited when prices rise and become sacred during market corrections. One thing I know that sets a good investors from others is through their conviction built through knowledge and understanding what they own, which gives them confidence and calmness when the market isn't favorable. They don't buy Bitcoin simply because it's trending or because someone on social media said it's the future. When u understand what you are putting your money into, you are far less likely  to react in a negative way because of temporary price swings.
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‎A good investor also develops their mindset by knowing that wealth can't be built overnight, that it requires a long process and effort. Instead of chasing market swings they focus on consistent accumulation regardless of the trends in which the market is facing and remain patient and disciplined while holding through different cyclesand keeping a longterm perspective when others lose confidence..
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There are people that don't really know anything about bitcoin except buying continuously and these set of people for don decide never to sell even after 10 years and as a result they don't get to touch their investment not because they know the actual reason but simply because they have decided not to touch it and which you still classify these set of investors as successful investors?

Anyone who  claims to be a holder and then panics when there's a dip is just a trader because a core holder doesn't bother or pay attention to market conditions

[fredericktaylor]

That's a whole lots of patience you are going to have there, if you are only investing a few dollars in bitcoin in today’s market reality. Patience is good, but it doesn’t do the magic alone, to be successful in bitcoin investment today, you will need to invest more than just a few dollars as you said above. To get one bitcoin now you need more than just a few dollars. You need plenty of dollars to succeed in bitcoin investment these days. While we need to have patience as an essential quality for a bitcoin investor, our portfolio size will also determine how far stretch our patience need to go.

It is very important for an investor to use discretionary money to buy Bitcoin, as well as to maintain a long-term plan and consistency. It is very important to invest within your means, invest the amount of money that you do not put excessive pressure on yourself, and wait patiently for good times in the future, which can gradually lead you to success. discretionary money and patience are very important for managing investments for a long time. If you want to be successful, you must consistently manage your investments for the long term and hold Bitcoin with patience, which will allow you to achieve success in the future.

[Bright0515]

What distinguishes or separates successful investors from everyone else is just a keyword and that's patience because the difference between what one person is able to achieve and another person all depends on how Patient they can be because this is what the market rewards. Having knowledge about the Bitcoin market is one thing and having patience to invest is another, a lot of people sell their coins at some point in their Bitcoin investment simply because they find it difficult to keep ok waiting for their Investment to keep on growing.

Not everyone can focus on a long term goal because market psychology or discipline is not something that a lot of people take out their time to actually learn, this is the reason why such investors end up getting controlled by their emotions which makes them end lose the chance of making profit in the long run.

[Out of mind]

In a long run, the only thing that stands is consistency. When you feel like and don't feel like doing it but you still do it. Over time you can quickly distinguish between a successful Bitcoin investor over everyone else. And that today is getting hard to come by except for this forum. Whereby we have a lot of successful once here. Rain come, sun shine, they are consistent with their DCA and nothing else. Consistency is the ultimate 🥏. Let's keep riding it.

I don’t align with the idea of just doing it no matter how you feel; an investor's mind and decision can be made based on his financial level, and if he is thinking about expenses and other things before investing, that’s not a wrong thing to do, and in such a situation we can both agree that there are things which are more important than just buying and investing money in Bitcoin. Patience to hold what has already been accumulated should be as solid as anything unless the targeted time is reached; selling due to market conditions should not be an option.

Every person mindset, decisions and plans dey depend on their financial situation. Many people dey invest based on their financial situation, while many others dey avoid investing. Those wey get good management fit invest for long time. Those wey no get good financial situation dey spend money on their necessary tasks, as a result, e dey take dem long time to make a long-term investment decision and plan. Yes, of course, many times e dey happen say this money dey spent on some more important tasks than buying Bitcoin, for which the necessary tasks dey done first instead of investing there. However, we must accept these things say investment no dey successful only if person get an investment mindset, but to invest, you need enough money, which not everybody get. However, those wey be big investors with good financial situation dey invest for long time and patiently keep their Bitcoins away with the aim of being successful.

[Promocodeudo]

Discipline is a strong aspect that can help regulate one discission in the investments of Bitcoin. A lot of negative speculation will come up and people will want to discourage base of there take of personal believe or experience.
In same note it is important to know that there is no amount too small to invest in Bitcoin coin, as some things it only the rich than can invest in Bitcoin.

Yea discipline is needed in Bitcoin investment, if one is not disciplined while they accumulate Bitcoin, the might be triggered by market forces to make illed decisions, although you have explained that in your own way, good financial management is also the qualities that must be found in a successful Bitcoin investor, understand how to invest without putting oneself into pressure that might cause us to sell, successful investors knows their limit, they understand that Bitcoin investment not the kind of investment that one has to approach improperly by investing what they can not afford, all this are being understood by successful Bitcoin investors which makes it easy for them to journey through easily.

[EstherBtc]

Also, i will add that knowledge plays a role in the success of most bitcoin investors. Because, when you are armed with knowledge you build discipline.

Then another reason for their success is patience. Success investors of bitcoin are patience and they do not 'panic sell'.

[icebar]

My definition of a successful investor is an investor that have achieved his goal of buying the amount of bitcoin he thought of buying. If the investor sets a goal for $10k value of bitcoin and bought them, he is successful. Being successful in bitcoin investment for me doesn't mean taking profit. This is because for an investor to reach his buying goal, he is certainly going to be in profit if he does not touch the bitcoin for a while. 

In my opinion, a successful Bitcoin investor is one who is able to hold Bitcoin for a long time without any emotional stress. There are many investors who consider it a long-term investment, but before reaching a certain point, they get frustrated and stop their savings. That is why I believe that if someone can achieve the mindset of holding it for a certain period of time and the ability to hold it for a long time, then he will be considered successful in Bitcoin investment. There are many investors who invest in Bitcoin but fail due to their inability to control their emotions. There are many investors who deviate from their goals when they see a big change in the price of Bitcoin, which results in their losses. The definition of success may be different for different persons.

[Bitcoin-Forever]

A successful bitcoin investor don't just invest for doing sake, he has the mind of investing in order to make more profit and also prevent his assets from being taken by other smart investors, a profitable investor will also notice about the market performance and also understand the various season to when they should buy or sell without mixing it for each other.

Every step taken are being deliberately considered before the action is fully implemented.

[Xackie]

Also, i will add that knowledge plays a role in the success of most bitcoin investors. Because, when you are armed with knowledge you build discipline.

Then another reason for their success is patience. Success investors of bitcoin are patience and they do not 'panic sell'.

Investors who doesn't want to understand and learn about Bitcoin will find it hard, especially when they are in a situation where they need to make the right choice. Knowledge will make investors, know about risk management, Bitcoin cycle, security, and how to maintain patience and discipline. Someone who doesn't understand anything about Bitcoin, will panic when they see dip. Hadn't been they've understand something tangible about Bitcoin, they will know what the price fluctuations means. Knowledge, good mentality, conviction, consistency and discipline give you advantage.

[Umulala-alala]

Any one who wants to invest in bitcoin should know some certain things about the investment he/she want to go into and there is no way every body investing in bitcoin can achieve the same success, basically something one needed to know is the volatility of bitcoin in this situation you should also be able to know that you can either be successful or not, bitcoin is still a risky investment just like every other investment but should give it a chance by having a long time plan with it, just do it as if you are not investing by using what you can afford to lose to invest and wait and see what the outcome will become in the future, what ever you see just take like that that's how BTC investment is.

[Versatile_choice]

A successful bitcoin investor don't just invest for doing sake, he has the mind of investing in order to make more profit and also prevent his assets from being taken by other smart investors, a profitable investor will also notice about the market performance and also understand the various season to when they should buy or sell without mixing it for each other.

Every step taken are being deliberately considered before the action is fully implemented.

I believe anyone who is into bitcoin Investment is investing with the mindset of making profit and not just for investing sake. I doubt if there's anyone who is Investing with the mindset of just investing but we are all doing that to make profit as profit is the major reason why we chose to invest in bitcoin even though there's no guarantee. And of course, anyone who want to be successful in his or her bitcoin Investment will take all safety precautions to ensure that nothing happens to their Investment.

[Webutxo]

It is very important for an investor to use discretionary money to buy Bitcoin, as well as to maintain a long-term plan and consistency. It is very important to invest within your means, invest the amount of money that you do not put excessive pressure on yourself, and wait patiently for good times in the future, which can gradually lead you to success. discretionary money and patience are very important for managing investments for a long time. If you want to be successful, you must consistently manage your investments for the long term and hold Bitcoin with patience, which will allow you to achieve success in the future.

This discretionary income you guys always emphasize on, I hope you know that to can have a discretionary income and make Bitcoin investment and still sell that part of Bitcoin you have right. Life is unpredictable and you don't really know what might happen. Sometimes you don't expect that the worst is going to happen, they end up happening anyways and you have to leave it because you never expected it. Some people did all these processes and sold their Bitcoin later.

I think one of the unspoken things about Bitcoin investment are the challenges that comes after the investment. Some people make all this arrange only to be hit by one sickness. They have to look for other means and ways to get money, even their investment are not enough to cure them, they have to borrow money from other place before they are able to fix their life together.

[Franklyn-wood]

‎I have come to realize that not everyone that invested in Bitcoin will achieve the same results or succeed with it. It's not even about how intelligent or knowledgeable you are, or how much you used to invest in Bitcoin. I think it depends on mindset, discipline, and the ability to stick to a well defined plan despite market volatility. Successful investors are those ones that make up their mind that no matter what, they won't touch their Bitcoin because their full focus is on the long term gains unlike  people who are driven by their own emotions during price fluctuations.
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I will like to point out something. When you speak of success through Bitcoin, we should not forget that to be successful in Bitcoin is not by hodlings without selling. You have to take profits at some point.

I do think we over do the idea of holding and thus many new investors get confused about it because they feel like when they take profits they become a bad investor.

 If you have a well defined plan, you have to follow it. It's as simple as telling yourself that once you attain a certain amount of profits from your initial capital, you will not hesitate to sell high and wait to buy low.

Yes you are right to every level there should be limit set which helps in self control and accountability to show that there is growth in the business.
Being a successful in Bitcoin is determined by ones ability to stand fame even when there are reasons to to quite, still remains a shakeable and confident in Bitcoin the process.
Self control know when to invest and when to wait and watch the market play on for proper examination, improving personal security consciousness.