Topic: Can personality trait or ones DNA sequence determine ones success in Bitcoin? (Read 272 times)

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.

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.

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.

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.

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.

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.

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.

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)

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.

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.

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.

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.

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.

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.


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.

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.

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....

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.

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.

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.

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.

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.

I believe not, but it's still depends on the environment of a child or individual to determine what they like to do and could still learn and have skills in certain things. For example, a NBA player of course they might have children they might influence them give them the tall genes which is suitable for being a basketball player. But if the kid don't find themselves playing basketball then it's not for them. Some talent aren't not determined by your parents because were all unique.

Oh my gosh, have you realized that DNA also influences a person's level of intelligence? DNA not only affects a person's physical traits but also their cognitive abilities and intellectual capacity. It is highly unlikely for someone with limited intelligence to excel in data analysis solely based on optimism. Even individuals with average intelligence require intelligence training to adapt to the business models in the crypto world.

We all start from scratch when we are born, but the pace of individual development, skills, and intelligence differs greatly. All of these factors are influenced by DNA.

IMO, DNA plays a significant role in a person's success in the crypto world.

I think there are many reasons why people become successful investing in BTC
causes include:

1: by chance,
as we all know btc used to be cheap and there were people who just bought btc and kept it in their wallets and that person didn't remember that he had btc because he was busy working and so on.
but after 10 years btc name is famous and finally
he realized that he also has bitcoins and eventually he became rich.

2: because they can see the future potential (smart),
as we know the supply of bitcoins is only 21000000, smart people will definitely see that bitcoin will be potentially expensive and good for the future so surely he will buy btc using the money he and is also ready to accept the risk if he experiences a loss,
in essence he is investing with idle money. and because he is a smart person and can see opportunities and potential for the future about btc he finally invested in btc for the long term, and finally he got rich because the price of btc went up.

of course there is much more about the reasons why successful people invest in btc.

so in my opinion it has nothing to do with DNA because the cause of successful investing in btc is due to hard struggle and smart brain.

best personality traits
patience. calm controlled emotions. non reactive
logical, math minded.
planning, analysing decisions

physical traits
a high enough IQ to realise the decisions you make have consequences

birth defects and other biological factors can lead to the success or failure of those traits

Every halving cycle, bitcoin has never disappointed either in terms of value or adoption rates. So basically the thing that determines success is time to gain awareness and consistency.
A well-known fact is that the average bitcoin OG has reaped their success because they were 10 years earlier in getting 2 of the above. But people rarely realize that the generation of 20 years and over considers today as the initial phase where they wanna go back at least to today to start something with bitcoin, invest, business, or whatever.

In my opinion, people who are successful in investing in BTC cannot be measured by DNA, because in my opinion, people who become successful in investing in BTC are because they have extensive knowledge about BTC, and also have perseverance, are smart and smart.
plus money to buy btc.

so in terms of investing in btc to be successful it takes a lot of struggle and effort.
So it has nothing to do with DNA.

Well, here, you certainly underestimate people with a similar disease. As an example, have you seen the American movie with Jack Nicholson, "As Good as It Gets"? The hero of this film also suffered from this disease and did not save himself for a second, but was extremely careful.
But seriously, of course, the pedantry of a person in finance will certainly be a good quality. He is restrained in his emotions, which means he will not commit rash acts that can adversely affect his business and investments.

If you only talk about financial successful, then yes there's a disorder can help it, it's called Obsessive Compulsive Personality Disorder (OCPD) where one of symptom is extreme frugal life. They will be careful with their money and what they've spend, they make sure they only buy the most cheapest product even the product is bad. But the bad side of this disorder is, they will not care to spend money for health and other thing that can help their life.


I wouldn't call financial success is already success, it's need a combination of financial, health, family, social, and happy to say someone is really successful.

There are common traits for successful people with investment or trading but I don't think being introvert or extrovert will be important and decide that you will be a successful investor or trader.

Successful traders and investors have some common personal traits like: knowledgeable, ready to learn more, have good patience to wait for good chance to invest or trade, being disciplined enough to apply what they learned, gained from experienced to get good entries and avoid repeating same mistakes like their past ones.

Personal traits can come from genes but people can get it from learning and practicing too.

It does kind of come back to the entire nature versus nurture discussion. How much of your personality and the way you are in life is based on genetics versus the way you were raised. Obviously if you have the genetic tendencies to be more aggressive you will probably be more aggressive in your investing and possibly more successful with trading cryptocurrencies. However that is a tenuous link at best. Whitby an interesting bit of research to see whether or not people who are more "scientific and math based" would do better with crypto versus regular currency trading.

I don't know if anybody has ever looked into it.

The other problem would be as with many things with doing research like this, it's going to be a small group and tough to get reliable data from people.

-Dave

Unless luck plays a role (which always does), if we count that one out, personality traits help for sure. If you’re impulsive you’re going to take some very good investment opportunities but sometimes you’ll take some very awful ones as well. Now if we think about it, personality is given but can also be somewhat controlled if there’s will and exercise. But generally, it plays a pretty big role in determining success simply because different personalities will lead to different mindsets. By controlling your personality and not letting it control you, you’re gonna have a better outcome.

Let’s say you are arrogant and impulsive. You won’t make the best choices unlike someone who thoroughly thinks about an investment. You might sell Bitcoin at lows due to fear and impulsiveness, while there’s somebody out there who controls just that one personality trait and decides it’s not a good time to sell.

Intelligence is very helpful, obviously. You can’t be dumb and be as good at investing as somebody who’s very intelligent and has been doing this for decades, who’s been born in a family of magnates and investors and who’s had a very good financial education from the start. As the offspring of a family who’s been wealthy for many generations, chances are you’ll be just as successful as them once you grow up. Now I don’t know if an arts student vs a science student will matter, the only thing many of them are missing is courage and will. I reached the conclusion that most of these guys who hate Bitcoin either have a plan that seems under attack by the idea of decentralization (eg banks) or they just fear the unknown so they sit only on known territory instead.

DNA is a different beast and I think with enough studies and research a link could be found. Otherwise, why are the Jews known to be very good businessmen worldwide?

This is my opinion. Take it as you will.

my answer to all your questions is no,
because success is not from genes or what you say, success will be obtained from perseverance and enthusiasm from yourself to be successful and have one goal, namely success

A personality trait does not in any way determine how successful one can be at a particular thing or what can lead to one's failure. It only contributes to how one perceives and views things differently from others or has a similar meaning and explanation to something from others.

When it comes to being successful in investing in Bitcoin or any other currency, I believe the only role personality traits have to play is to determine how the actor (perceiver) understands the currency. What happens after that has nothing to do with perception. If you actually find it difficult to understand what Bitcoin is all about, that might be as a result of not showing full interest in the currency, or it could also be as a result of some kind of mental disorder, as you have suggested above. But for someone with this kind of issue who is persistent on investing in the currency, all that's required of him or her is to have someone who will actually take his or her time to either explain more for them or help them invest their desired funds into Bitcoin, and have a clearly defined target on which he or she will like to take profit and try to hold onto that decision.

There are things for which I believe it is actually not possible for them to be generically transferred to the other person, and one of those things is poverty or wealth, so the level of one's success can't be linked to the genetic traits theory.

I do not think so. when it comes to finding financial success in Bitcoin or cryptocurrency, it is not about personality traits or inherited factors, but about knowledge, skills and experience. In the end, it is a combination of factors.


Whether you are an introvert or extrovert, both personality types can bring unique strengths to the table. Introverts might excel in research, analysis, and risk management, while extroverts might thrive in networking, marketing, and building connections. Also, a scientific background may provide a solid foundation for understanding technical aspects, while an artistic background can foster creativity in marketing.

 I think it's more or less the same qualities as succeeding with any form of financial investment, OP. I don't think it's materially biological, or a matter of DNA, but rather a part of your culture, character and personality.

The people who are likely to make a profit with Bitcoin are those who are willing to take risks, learn new things, and probably those who have an education/culture related to the basic economic system (I mean, at least the basics, inflation, supply and demand, the limits of the conventional monetary system etc.). Interest in cryptography and open source softwares could be a reason someone join the Bitcoin boat too.

Some people jump into Bitcoin out of financial desperation, some for decentralisation, some to avoid their corrupt national fiat currency, there are plenty of reasons. Either way, place of birth, and parents can predefine this, but I don't think it comes down to DNA or gene sequence alone.

The thought of everyone having a stake in Bitcoin has made people that love it so much do things like host lectures or organize videos or talkshows just to bring in more believers.
I have wondered, unlike mathematics as a subject in schools that most persons claim to detest, there are those who detest Bitcoin or crypto or the whole decentralized thought.
There are also those who I know love everything crypto, have tried investing in it or traded and have failed woefully, have tried to understand it, but can't just grasp the concept.

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 ?