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Topic: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY - page 2. (Read 617 times)

legendary
Activity: 2576
Merit: 1252
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As far as I know, there is are no statistical data provided to show how many people have become successful or failed within their cryptocurrency engagement journey for there are people who just tends to keep those information in a private matter and even surveys to provide assessing people about the result of their engagement might not be accurate or can be stated to be reliable since many can state false information rather than facts. But as far as I am concerned, many have surely and secretly already become successful and are still continuing their crypto journey while other who fail maybe already stopped or paused for a while waiting to be back again in the market.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
We actually needs an online surveys for traders for us to be able to find the exact data on how successful or not traders are, but in my opinion in a leverage traders most newbie who first time to enter tradings 95% of them failed since its too risky on few survives more easy if we only hold our coins and wait for price increase rather that day trading.    
Most traders/people want to be anonymous for safety reasons, so I don't think someone will do that research as it will be pointless for sure. I'm afraid I have to disagree with 95% newbies trader will be failed at the start because some people are smart enough to learn some basics knowledge of trading. Sometimes they watch some tips on Youtube or read many tips/techniques in forums like Bitcointalk and Reddit before they start. Only fool people will start trading without having a proper knowledge of trading.
The only ones that could give that kind of information and at the same time protect the identity of the traders are exchanges, but they are never going to do it, but why? Because if they actually shared the amount of people that earn money on their platforms they will lose their user base, after all in the case of gambling people know they are going to lose but they still do it because they want to get some fun, but trading is boring and if people know their chances of winning are so low they would not bother to trade on the first place.
legendary
Activity: 2716
Merit: 1855
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There has been no survey on the success of the trade so far. You should view and compare statistics on various exchanges which cover at least Profit and Loss of most traders. Even on social media, only a handful of people were willing to say the losses at that time. The rest are people who have recently made profits, and shared their past losses.
People who share about their losses while trading are rare, only a few people and others just share the profits they get.
people are not really open about how much profit and loss they are experiencing, because some people don't want to be publicly visible about the advantages and disadvantages.
there are many people who are successful in cryptocurrency. But even more people are failing at cryptocurrency.
hero member
Activity: 2926
Merit: 640
There has been no survey on the success of the trade so far. You should view and compare statistics on various exchanges which cover at least Profit and Loss of most traders.
I'm not seeing any exchanges are providing such a date on how many traders are making profits or losses (We are only getting which coin is gaining the most in last 24 hours and which one is losing the most in same time period).

Even on social media, only a handful of people were willing to say the losses at that time. The rest are people who have recently made profits, and shared their past losses.
I'm sure social media data and experiences cannot be counted as a real one for any statistical analysis. Moreover people tend to share their sad story more frequently compared to their success in trading. Even if you notice on this forum people more frequently sharing about their losses and only very rarely sharing about their success story in crypto trading.
hero member
Activity: 1778
Merit: 709
[Nope]No hype delivers more than hope
There has been no survey on the success of the trade so far. You should view and compare statistics on various exchanges which cover at least Profit and Loss of most traders. Even on social media, only a handful of people were willing to say the losses at that time. The rest are people who have recently made profits, and shared their past losses.
sr. member
Activity: 2660
Merit: 339
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
How it will be possible?

Do you have any statistics of how many people are doing in stock markets in your region/office/school/street?

Cryptocurrency market is a global one and this forum is having only some percentage of people from that. So, we cannot have any kind of statistics regarding how many people are trading successfully in cryptocurrency markets.

Just think about it, there are hundreds of different exchanges and no one could control all of them and also same people definitely trading on more than one exchange. Then, how it will be possible to get such a statistics about success or failure of traders in cryptocurrency trading.
full member
Activity: 2086
Merit: 193
Finding statistics for that could prove impossible.
If you're defining "success" as having many Bitcoins in a wallet, then it could be hard to find out if those coins are still being held by the owner because they could simply be just locked out already from their wallet.
Maybe wallet with the most Bitcoin could still be possible.

That numbers can’t be solve, some people here wont even tell how much they are earning every month for their own security, but if you look at how successful the crypto project is, you can tell that many are earning well enough through crypto market. Have a survey instead, create a poll with a lot of good choices and let’s find out the result based on the vote of every curious users here.
Some institutions are working studying the percentage of successful traders and investors in Stock market but I didn't see anyone trying to solve the math in cryptomarke, maybe in the near future some project will focus on this matter and give us the details that we are looking for. If I become successful in trading in cryptomarket, I'd be more proud and use my experience to help others achieve their goals through cryptocurrency, its fine to share ideas sometimes.
member
Activity: 518
Merit: 33
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?

There's nothing like what you're looking for since no one is recording the number of scams, rugs, successful projects and the traders that buy and sell their coins or tokens.

But as for the trading I'd say in this current bull market you have to try really hard to lose any money and what it means is now you could throw a dart randomly on a board that is filled with coins/tokens names and buy them accordingly and still make a good money doing that.

In a bear market things are way different and that's when you can really test out your ability to trade and whether it's something you can do as a full/part time job and really depend on it as any source of income, so don't get overexcited because you made good money in this market and ever think you can do the same in the bear market because you're going to be really disappointed and lose a lot of money.
sr. member
Activity: 2016
Merit: 283
I cannot tell the percentage but if you're realy use to trade you will see how much of ppl really succeed when it comes trading everyday. And for sure they are not just a simple trader in my opinion wherein a professional and knowledgeable also that is why they succeed in my opinion. Actually even if you're not a professional but if you already knew how the market works or to read the candles sticks in trading, you will become successful as well.  Because i believe that not all successful trader are professional what i mean there are some successful as well because of their experience about trading.
full member
Activity: 756
Merit: 108
Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you
I think, that people, who create projects and successfully list them on  exchanges are definitely successful in the cryptocurrency market. But the number of successful traders is about 5-10%, i think. In the long term, almost all traders lose their funds.
copper member
Activity: 2268
Merit: 539
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Hello guys,
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
Thank you

Why do you need to know about the stats?
The thing that should worry you is whether you are making profit or loss.
I can’t say about the other but for me i am making great profits.
And all these profit credits goes to ELON MUSK.
As he gave a call on Dogecoin, and luckily I purchased around 2500 USD Doge in cheap price.
Now i am enjoying my huge profit.
Hope you are cleared now OP.
legendary
Activity: 3122
Merit: 1140

crypto users are often concern about privacy so not even an email will be revealed in public and more cause to keep behind the shadows are the assets they have on their wallets.

No one would be dumb on showing off themselves into the public that  they've been holding soo much coins or money into their wallet thats why its impossible to have precise or exact percentage in regards to this manner.

Why would bother that much? thing here is that there are really people whom do make lots of money on this market and of course it would correspond also into those people who lost up that much.
If there are gainers then expect that there would be losers.
full member
Activity: 2128
Merit: 180
Finding statistics for that could prove impossible.
If you're defining "success" as having many Bitcoins in a wallet, then it could be hard to find out if those coins are still being held by the owner because they could simply be just locked out already from their wallet.
Maybe wallet with the most Bitcoin could still be possible.

That numbers can’t be solve, some people here wont even tell how much they are earning every month for their own security, but if you look at how successful the crypto project is, you can tell that many are earning well enough through crypto market. Have a survey instead, create a poll with a lot of good choices and let’s find out the result based on the vote of every curious users here.
sr. member
Activity: 1988
Merit: 275
I would say 60% for succeed and 40% for failed on crypto currency thats my personal opinion. Many bitcoin holder or other currency those 60 percent know how to trade and have knowledge in trading crypto currencies but those 40 are those beginners and lossers. But it takes time to be successful in this field you must know all the techniques and strat before investing or trading .

I don't think we can give such percentage here because the question of the OP is too hard to come up with numbers. Why do you think it is 60%, not 50 or 70 or 80? We have no basis in the percentage assumption. Also, most traders lost some, win some. So how can you really tell if the user succeeded? Just because of his holdings? So this one is very subjective. No one can give you a concrete answer on this one.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
We can never find such information, honestly. And that fact that they wanted to keep anonymous, they don't bother to proclaim themselves that they succeed but mostly we just see is all about claiming they were scammed. So if ever we got some data, I'm not sure if people were going to believe that.

But my assumption is that,
People who come before the Bullrun are most likely all of them are in profit but for those who are just in here while in the middle of the bullish season, I'm not sure.
member
Activity: 432
Merit: 10
Bitfresh - iGaming with 90s UI
I would say 60% for succeed and 40% for failed on crypto currency thats my personal opinion. Many bitcoin holder or other currency those 60 percent know how to trade and have knowledge in trading crypto currencies but those 40 are those beginners and lossers. But it takes time to be successful in this field you must know all the techniques and strat before investing or trading .
legendary
Activity: 2338
Merit: 1084
zknodes.org
never seen statistics about how many people who are successful in cryptocurrency or those who fail.

People who get into cryptocurrency have experienced failure or success at cryptocurrency, so making statistics about how much will be difficult.

But for 2020-2021, if we can take advantage of the DEFI moment or trade, of course we will get bigger income than in previous years. it's been an excellent cryptocurrency year. Provides many advantages for some people who remain consistent and take advantage of every opportunity in cryptocurrency.
legendary
Activity: 3178
Merit: 1054

crypto users are often concern about privacy so not even an email will be revealed in public and more cause to keep behind the shadows are the assets they have on their wallets. there could be users who will reveal their data but they are just going to be few.

in the 2017 bullrun, there are thousands of people who gained so much money, the more successful they could be in crypto if they have profited more in this current bullrun.
hero member
Activity: 2114
Merit: 603
Considering crypto is very unstable, the number of people coming and staying in the crypto space is also not fixed. The ratio might be very difficult to achieve since we don't have fixed customers in here. Moreover, you need to define the success in cryptocurrency to get more lucid idea for the purpose of filtering. Whether by succeed you mean have got millions or billions after investing thousand? Or whether they have been trading handsome money on daily basis to get back millions?

Im pretty sure we can not measure the success in terms of these things. You win sometimes and you loose sometimes. At the end only thing matter in cryptocurrency world is to have more money than what you invested.

If that's the success then I am the one who succeeded in the current scenario.  Cheesy
sr. member
Activity: 1610
Merit: 264
Finding statistics for that could prove impossible.
If you're defining "success" as having many Bitcoins in a wallet, then it could be hard to find out if those coins are still being held by the owner because they could simply be just locked out already from their wallet.
Maybe wallet with the most Bitcoin could still be possible.
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