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Topic: Can personality trait or ones DNA sequence determine ones success in Bitcoin? (Read 275 times)

legendary
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Does one being an introvert or extrovert or being a student of arts or student of science determine if one can be successful with Bitcoin or any cryptocurrency endeavour ?
In my opinion, what is someone's interest will very likely influence him to like Bitcoin or not, for example, technology lovers will definitely like Bitcoin very much because they see it as a revolutionary technology to provide something different in the changing times. Those who also like investing will have the opportunity to get to know Bitcoin and eventually like it and invest when they can learn how to invest well it is very likely that they will eventually become successful, so it's not about DNA, but usually introverts will be more likely to get to know Bitcoin because more time is spent looking for information.
hero member
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My question is this, does personality trait or gene sequence or any inherited disorder contribute to determine whether one can become financially successful with Bitcoin or cryptocurrency in general?

Does one being an introvert or extrovert or being a student of arts or student of science determine if one can be successful with Bitcoin or any cryptocurrency endeavour ?
Isn't it just skill in general? Plus a bit (or a lot) of luck. I mean I don't expect everyone to suddenly have a eureka moment that banks were shit when they first read Bitcoins whitepaper (or anything related to it) nor do I expect them to know about it already/immediately. Even if you actually did know or understand it now, and would've also done the same in the past, matter of fact is you weren't part of the community then, so luck is involved in terms of early involvement.

As for success in terms of shorting, that's a skill. Its just dumb to put it all on "talent" or "genetics". Basically killed all the effort a person did. I'd say there's some level of a headstart based on your DNA though, but the entire result is the reliant on it.
hero member
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My question is this, does personality trait or gene sequence or any inherited disorder contribute to determine whether one can become financially successful with Bitcoin or cryptocurrency in general?
Every aspects of someone's life are related to biological and environmental factors. It's a mix of both variables. If you have favourable genetics plus a favourable environment (that is, where you live, the relationships and the stimulus you have received along your life), it's very likely you will be successful not only on your investments, but also on your professional and social fields.

Does one being an introvert or extrovert or being a student of arts or student of science determine if one can be successful with Bitcoin or any cryptocurrency endeavour ?
I don't think so. Being introvert or extrovert doesn't mean the individual has any mental or emotional prejudices which could prevent him from being a successful Bitcoin investor. And being a student of human sciences or natural sciences mean the individual is intellectually able, so there aren't any prejudices on this case as well.
sr. member
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To be a successful investor in Bitcoin, one doesn't need much do or have in, in his body system that can define how successful one would be with bitcoin. As far as I can tell, having a trait or not will not affect someone's ability to succeed with bitcoin.

A person's level of success with bitcoin can only be determined by the actions they take to invest in it, their ability for knowing when to invest and take profits, and the amount they can afford to lose easily. It's also important to keep in mind that success with bitcoin takes time and patience.

The most crucial qualities for everyone to possess are time and patience, which will define one's success with Bitcoin.
hero member
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You are right that success isn't inherited but the mindset is always different. If one grew up with rich parents, the principles which such parents lived by, can be passed down in principles and genes to the child, so I believe.
If such child's parents were crypto investors and the child had idea it could make the child more successful than one who learned all the way out of curiosity and had experienced alot of failure at first.
Michael J. Saylor is known for his heavy investments in bitcoin, but I'm not entirely sure that his children will follow in their father's footsteps to become bitcoin investors as well. I can't justify everything in every way because one's financial life is not always the same even if the father is a big investor in one or two well-known assets.

The son of a bitcoin investor is not necessarily interested in bitcoin. You should know this, I am not a child born in a rich family, my parents have complicated financial problems and both of them are not businessmen but just educated people. My interest in bitcoin is very unlikely for them to inherit because they basically never knew what bitcoin was but some of the things they taught me regardless of whether it was genetics and such have made me quite persistent for something. Yes, I was a hard worker, that's one thing I can say about my parents. If you have children, I think you will know if your child will be interested and successful with bitcoin later, not now but in the future.
hero member
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My question is this, does personality trait or gene sequence or any inherited disorder contribute to determine whether one can become financially successful with Bitcoin or cryptocurrency in general?

Does one being an introvert or extrovert or being a student of arts or student of science determine if one can be successful with Bitcoin or any cryptocurrency endeavour ?

Extroverts can be successful at creating and growing crypto companies(because they are energetic and have great social skills), while the introverts can be successful at cryptocurrency trading(because they are patient and are good analysts). I'm just joking. I don't know what determines the financial success of any individual in the world. If you ask me, success is all about hard work and learning from your mistakes.
If doesn't matter if you are an introvert or extrovert. Genetic inheritance plays an important role in life. Tall men with good looks(good genetics) tend to be more successful in life in comparison to the short and ugly men. Grin
legendary
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No, I do not think that your DNA has anything to do with your attraction to Bitcoin. I should rather think that personality traits that are a learned trait, has something to do with it. The risk takers will be more inclined to invest in technology that has a higher risk potential, but that has nothing to do with your DNA.

There are personality traits that are learned by parents to their children, like parents driving their children to be diciplined and hard workers and also to be risk takers. (Read the Book : Rich Dad Poor Dad)
sr. member
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Personality traits or biological inheritances should have nothing to do with the success or failure of a person in any particular thing whether it is about an investment or something else. It is all about one's mindset and how hard-working and dedicated one is toward something and how one carries themselves and conducts the course of action that is required for success.

Someone who loves something or loves doing something will surely do it and they will also get success in that if they are loyal to what they are doing. And if they do something but only because others are doing it but they are not in the favor of it in general, failure might be what they will get from it.
legendary
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My question is this, does personality trait or gene sequence or any inherited disorder contribute to determine whether one can become financially successful with Bitcoin or cryptocurrency in general?

Does one being an introvert or extrovert or being a student of arts or student of science determine if one can be successful with Bitcoin or any cryptocurrency endeavour ?

It can contribute there are Many factors like the environment, upbringing, educational attainment of course genes and personality will also contribute, all the traits I mentioned have something to do with the motivation to succeed, motivation and drive is powerful these are the force that will push you to learn patiently what Bitcoin is to control your urges to sell, buy and hold.

Motivation comes from your surroundings or environment, from your upbringing genes also have a factor parents who are investors in stock markets are likely to have children who are business and investor minded what I'm trying to say is everybody can succeed as long as there is a motivation to learn and implement his plan, regardless where this motivation comes from.
hero member
Activity: 1344
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My question is this, does personality trait or gene sequence or any inherited disorder contribute to determine whether one can become financially successful with Bitcoin or cryptocurrency in general?

Does one being an introvert or extrovert or being a student of arts or student of science determine if one can be successful with Bitcoin or any cryptocurrency endeavour ?

Why is DNA has to do with you becoming successful in life in general? not just in bitcoin or crypto? One factor is that you should look ahead or you have a goal in life to get to have a lot of money or at least be a self made millionaire. So by having that in mind, I think you will be successful in any form of your investments, be it in forex or stocks or BTC. You could be from Africa or Asia and still be very doing well and rich because of your investment.

It's a interesting theory but it doesn't hold any weight though, in my opinion.
full member
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My question is this, does personality trait or gene sequence or any inherited disorder contribute to determine whether one can become financially successful with Bitcoin or cryptocurrency in general?
Someone born from a financially successful father and mother background may tend to have opportunities and easy paths to achieve success because they are financially supported by their family, but success is not inherited.

But regarding your question, to me it really depends on who they are and how they treat bitcoin. Someone who is financially successful with bitcoin is not completely influenced by their genes, but is influenced by their interest in and knowledge of bitcoin. I admit that there are many smart people in this world, but I don't think all of them will be successful with bitcoin because they are not interested in bitcoin.
You are right that success isn't inherited but the mindset is always different. If one grew up with rich parents, the principles which such parents lived by, can be passed down in principles and genes to the child, so I believe.
If such child's parents were crypto investors and the child had idea it could make the child more successful than one who learned all the way out of curiosity and had experienced alot of failure at first.

Someone might also have an interest in crypto and have brain problems or diseases or ailments like dimentia,  amnesia, other post traumatic stress disorder that comes at a season and stops them functioning for a time.
hero member
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My question is this, does personality trait or gene sequence or any inherited disorder contribute to determine whether one can become financially successful with Bitcoin or cryptocurrency in general?
Someone born from a financially successful father and mother background may tend to have opportunities and easy paths to achieve success because they are financially supported by their family, but success is not inherited.

But regarding your question, to me it really depends on who they are and how they treat bitcoin. Someone who is financially successful with bitcoin is not completely influenced by their genes, but is influenced by their interest in and knowledge of bitcoin. I admit that there are many smart people in this world, but I don't think all of them will be successful with bitcoin because they are not interested in bitcoin.
legendary
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I believe personality and traits can affect one's success.  I don't know about genes but obviously, some hereditary disability might affect a person's venture on Bitcoin investment.  Like when a person inherited a disability where his maturity is stuck at 5 years old or lower.  This means that the person is incapable of deciding for himself and may not understand the situation regarding Bitcoin investment.

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Does one being an introvert or extrovert or being a student of arts or student of science determine if one can be successful with Bitcoin or any cryptocurrency endeavour ?

As far as I know, what matters in Bitcoin or any cryptocurrency endeavor is having knowledge about the subject.  It does not matter whether a person is an introvert or extrovert, or what kind of course they are taking, as long as they have interest and knowledge about cryptocurrency then they can possibly be successful in their cryptocurrency endeavor.


legendary
Activity: 3122
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In my own opinion being successful in Bitcoin trading is not in any way associated with personality traits or gene. Any person can be successful in Bitcoin irrespective of his or her personality traits. In most cases I see Bitcoin trading as a thing of luck if you are lucky enough you make something out of it because Bitcoin market fluctuate so no one can tell....

i am also on this opinion. i don't think there's some kind of DNA sequence or trait that will tell your fate with bitcoin or crypto in general. so long you are diligent and patient in this market. in time, you will gain those strategies and tricks that will be helpful to your crypto journey. without patience, you won't achieve anything in any chosen field. so whether in crypto or in any field, a person always need dedication to attain success. and such success is not an overnight task, it would be years and years of hard work before anyone can truly experience the real success.
member
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In my own opinion being successful in Bitcoin trading is not in any way associated with personality traits or gene. Any person can be successful in Bitcoin irrespective of his or her personality traits. In most cases I see Bitcoin trading as a thing of luck if you are lucky enough you make something out of it because Bitcoin market fluctuate so no one can tell....
legendary
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It has an indirect relationship I guess. I do believe that it is in one's genes regrding analytical and decision-making skills which are needed in order to be successful in any kind of investment. But to rely on it won't be advisable. As we all know, there's no certainty with any technical analysis; it will just be a guide but won't determine accuracy on how will the market price move, especially in this blockchain wherein crypto's market prices move in a random manner. With regards on decision making as a factor to succeed, it has something to do with how an investor will take actions whether to invest at a certain price point or wait for a more visible trend line.
legendary
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While genes seem to play a role in one's inclinations, capabilities, and traits, the environment and upbringing are crucial as well. It's also often hard to circle out the determining factors because in real life everything is intertwined.
Of course, if someone has an inherited disorder that significantly impairs one's intellect, it can be hard to grasp what Bitcoin is and how to use it (just as it would be hard for such a person to grasp many things that most people are capable of learning). Addiction is another thing that seems to have a genetic predisposition, and trading can be a very bad idea in that case. So there are things that can make it worse for a person than average people have it, but I don't think there are things that can truly help one out that are determined genetically or by personality traits.
hero member
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My question is this, does personality trait or gene sequence or any inherited disorder contribute to determine whether one can become financially successful with Bitcoin or cryptocurrency in general?

Does one being an introvert or extrovert or being a student of arts or student of science determine if one can be successful with Bitcoin or any cryptocurrency endeavour ?

First, I want to say that Bitcoin can happen to anybody both introvert, extrovert, student of arts or science, in the sense that anyone can luckily get a little or full knowledge about Bitcoin, but the possibility of the individual taking up the information they've got and making good use of it depends on their physical ability, mental ability, financial capabilities, health state, etc. But I will only talk about physical and mental ability.

Physical ability/health state: There are a lot of different sicknesses and diseases, and if it's an inheritance, it depends on what disease it is, but as the person keeps growing and getting older, that's how serious the diseases continue to manifest in them, and in such a state, it can be disabling to someone who is already into Bitcoin before beginning to experience those serious symptoms that can absolutely make a mess of their health state and physical state, e.g., bling, def, dumb, and other kinds of sickness and disabilities that affect the physical state of a human being. Those can deter someone's success in every aspect of their life, either with Bitcoin investment or other kinds of income-generating businesses.


Mental ability: Normally, the level of productive thought, reasoning, actions we take, choices we make, decisions we make, etc. all come from how mentally fit the person is. Once one is not mentally OK, they can't make any reasonable decisions, and the person cannot perform so well in some aspect of life, just as @Despairo have mentioned the case of OCPD. And when one has those kinds of traits, either inherited or developed, there is the possibility that it can still affect their level of success in Bitcoin investment and every other kind of investment.
hero member
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I guess it could be about someone looking for more information about Bitcoin to use Bitcoin or Cryptocurrency properly. Many people join crypto because of the invitation of others who say that crypto can provide wealth quickly. But that's not really the case.

People need to understand crypto so they can make a profit. And if they are interested in trading or investing, they must learn more to understand it. Many people do not realize this.

They can benefit from crypto to be financially free but it depends on how hard the effort is to get it.
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I don't think so, a persons DNA contains information from all his ancestors. Bitcoin is recent, said person is the first one to be having the experience so there's no way their DNA can determine success in relation to a cryptocurrency.
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