Pages:
Author

Topic: How would you measure your success in Crypto currency - page 2. (Read 1369 times)

member
Activity: 308
Merit: 10
#SWGT PRE-SALE IS LIVE
Everything has pros and cons and people who are against crypto may not know about crypto, they are consumed by false information circulating in society regarding crypto. In my area there was news circulating that crypto was an online gambling site and anyone who was on it would be arrested because gambling in my country is illegal. For me, crypto is a renewable investment tool and crypto is a form of technological development.
member
Activity: 517
Merit: 12
Sugars.zone | DatingFi - Earn for Posting
Most people that is calling cryptocurrency as a scam, they are lacking behind and also lack information that makes them see crypto market as scam and also not being interesting of going for knowledge, which most of them has invested in without having patent to hold for long and being get lost, think cryptocurrency is a getting rich quick platform, but it's not work like that, get rich is sure when you follow a right track and is beyond measures to a success destination and most key to that is being patient to hold, and also entry point to buy is most important for profit return in crypto business.
hero member
Activity: 1400
Merit: 655
Bitcoin is achievement
Success in cryptocurrency is adoption by institutions and by majority of people. But ofcourse we're still far from this possibility. So if we would base at the present, I think we are in good progress given that more people and countries are considering this technology's usage. With regards to my success in this industry, I'd say I'm still far from that feeling of satisfaction. For me, being successful to anything is the same as meeting a point wherein you will be satisfied but not contented ofcourse. And if it is individual's success in this industry, then it would also be tied with profit. And with regards to profit, many for sure have suffered from loss due to unpredictable price movements and wrong decisions but be sure to learn atleast and to look forward with what's next for cryptocurrencies.
making a success in cryptocurrency is a something of personal and I understand that for you to make in the success in cryptocurrency is basically on the kind of investment you do in in cryptocurrency so the success is being determined based on the profit you make for any cryptocurrency, let us not contradict cryptocurrency investment and the success because there is every possibility that you might invest in cryptocurrency and you get a negative during the investment why sometimes too you will invest in cryptocurrency and you also receive a positivity instead of negativity so it depends and that is why we said cryptocurrency is unpredictable
full member
Activity: 921
Merit: 100
#SWGT PRE-SALE IS LIVE
I personally measure the level of success in cryptocurrencies by looking at the coins that are invested in that have high fundamentals and totality in the crypto market so that the coins can survive and compete at least in the top 10 CMC and of course have a high exchange which can give us the opportunity to big profit.
sr. member
Activity: 1582
Merit: 281
Eloncoin.org - Mars, here we come!
I know this topic is one that questions financial success, but I still want to go a little outside of the box... Cryptocurrencies and Bitcoin in particular have changed many things in my life. My perspective on the world has changed. My perspective on money and its history has changed. Cryptocurrencies have changed and improved me for the better. Of course, I made money from cryptocurrencies, but first of all, I think I gained an identity because the world is no longer the old world for me... I am eternally grateful to God for meeting Satoshi and his idea of Bitcoin.

Similarly for me, Bitcoin and the idea of cryptocurrency has widen my mind. There was a need to take out the middleman, hence Bitcoin was created. This lead to asking why there was a need and digging further, I learnt how we are all being watched and controlled by the government even through the banks. Aside this, I’ve a lot of things internationally because of Bitcoin. It’s not necessarily about how much we’ve made, the knowledge is worth celebrating too.
sr. member
Activity: 854
Merit: 262
Eloncoin.org - Mars, here we come!
success in crypto currency is a big coin dev , owner big market or a very large exchanger marketcapt. for example ETH dev is definitely successful and wealthy. the founder and owner of the binance exchanger is definitely wealthy.
if  not a dev, not an exchanger owner, the measure of success will have different benchmarks and standards.
I've not heard any success in cryptocurrency for now because I have not reached my pace.
There is somewhere I intend to reach before I can proudly way to myself that I am successful as a cryptocurrency investor and traders.
There are people that had been in the market for a very long time and they can always brag to themselves that they have actually made reasonable profits from cryptocurrency. I am hoping to reach that level.
member
Activity: 265
Merit: 34
Tontogether | Save Smart & Win Big
I personally feel it has changed most of us in our life, In terms of technology and development we every one know the way we are heading towards web3, metaverse, defi are remarkable. All credits to development of bitcoin Smiley I am earning this from as well, I never thought I would make much descent money in this sector. share your success as well thankyou Cheesy

and sometimes this sector also requires extreme caution because there are many fraudsters who take advantage of evoria from this space. If we are not clever and are quickly tempted by investments whose pattern is the lure of getting rich quickly, we will definitely regret it in the end.

That's right, sir. Many rooms are capable of returning good returns as long as we take a little time to review before going in and buying it.
member
Activity: 66
Merit: 5
Eloncoin.org - Mars, here we come!
I don't know what you consider success but I don't see success from any other person's perspective. my success comes when I'm being enough to dream big and it's coming through from where I expect it, I consider success as doing something that no one else has done.

Although all this might boil down to one thing having financial freedom but if this is term how many altcoin I have accumulated I don't see myself as successful because this coins are volatile and can reverse and make you broke in hours.
hero member
Activity: 770
Merit: 505
Eloncoin.org - Mars, here we come!
success in crypto currency is a big coin dev , owner big market or a very large exchanger marketcapt. for example ETH dev is definitely successful and wealthy. the founder and owner of the binance exchanger is definitely wealthy.
if  not a dev, not an exchanger owner, the measure of success will have different benchmarks and standards.
full member
Activity: 2478
Merit: 210
Eloncoin.org - Mars, here we come!
Being a successful investors is not about the amount of coins you have in your portfolio,  what makes one to be a successful investor is what has one been able to achieve with all the coins in your portfolio. 

I would like to put emphasis on this statement right here

I always see a lot of people saying even boasting that they have acquired a lot of different coins and they feel that those altcoins are gonna be successful and even be as massive as bitcoin and while I do believe that diversifying your portfolio is a good move, over-diversification might lead to even more destruction

Even if you just have bitcoin as long as you have bought low and sold high, you can make profit and see success from your investment
full member
Activity: 1554
Merit: 101
how I measure success is, getting income above the average monthly costs or monthly income in my area, so if I can produce at least x2 of the monthly costs/monthly income here that is already a start to success.
sr. member
Activity: 1358
Merit: 326
Eloncoin.org - Mars, here we come!
People who make complains like this most of them rush into crypto just to make money very fast in crypto,  they didn't make research to know about the coin they invested.  When people go into crypto blindly it is either they went into the wrong investment that led them to be scammed.  If people take their time to understand the investment they are going in their won't be much complains about scam and investing into the wrong coin.

It is necessary to investigate first because if we leave the project without knowing about it then we will regret in future when we see the success of people who invest in those projects. All projects are not scam and every project is not trustworthy therefore keep in mind that first know about the project to avoid regret in coming days.

Those who are expert can easily know about project so they can easily know that which project is scame and which is trustworthy because they read all the details according to projects and take a review of the whitepaper so they usually take an accurate decision.
full member
Activity: 560
Merit: 161
There are two major ways one use to measure his success in cryptocurrency and the number one is the quantity of coins you have in your wallet and the second is your physical achievement. Like if you have 500 BTC in your portfolio then you know that you a successful investor in the ecosystem and also where you lives and what your wear will complement the remaining part of your cryptocurrency wealth tot the society.

There are sometimes you might not who you are but those who are close to you will know and tell you. And lastly help others as bitcoin helpz you.
Being a successful investors is not about the amount of coins you have in your portfolio,  what makes one to be a successful investor is what has one been able to achieve with all the coins in your portfolio.  It is not the amount of coin one has in the portfolio,  an investor that has only bitcoin and the investors is able to hodl to make profit is a successful investors. A successful investor is one who is able to buy valuable Coin and not shitcoins.
hero member
Activity: 2660
Merit: 509
Leading Crypto Sports Betting & Casino Platform
I personally feel it has changed most of us in our life, In terms of technology and development we every one know the way we are heading towards web3, metaverse, defi are remarkable. All credits to development of bitcoin Smiley I am earning this from as well, I never thought I would make much descent money in this sector. share your success as well thankyou Cheesy

I agree with web3 but I disagree with Metaverse. I mean metaverse development is still in the early stages and there is no significant adoption by people. Many metaverse-based crypto projects have failed on the market. I think that's because they were too early in developing the idea of a metaverse and didn't see current technological developments.
metaverse lacking behind because so many project so far doesn't really imlpement metaverse, so many game based project just rereleasing crappy mobile game rebranded with NFT integration and call it metaverse while really it isnt.
moreover, what truly defines metaverse anyway im still kinda confused, even meta (formerly facebook) are gaining difficulties making metaverse popular the VR they produced despite has been giving significant improvement toward the devices overall still seemed to be something experimental even there are not many people fancy it making it super niche market for meta thats also the reason why their stock plummeted.
i guess you are right that we are still in development and really early stage of metaverse because overall these metaverse just doesn't really live up to the expectation.
even decentraland and sandbox isn't really that popular.
sr. member
Activity: 1302
Merit: 324
#SWGT PRE-SALE IS LIVE
I personally feel it has changed most of us in our life, In terms of technology and development we every one know the way we are heading towards web3, metaverse, defi are remarkable. All credits to development of bitcoin Smiley I am earning this from as well, I never thought I would make much descent money in this sector. share your success as well thankyou Cheesy

I agree with web3 but I disagree with Metaverse. I mean metaverse development is still in the early stages and there is no significant adoption by people. Many metaverse-based crypto projects have failed on the market. I think that's because they were too early in developing the idea of a metaverse and didn't see current technological developments.
hero member
Activity: 2002
Merit: 775
Leading Crypto Sports Betting & Casino Platform
I measure my success in crypto universe by the fact it's helping me financially since I started adopting it as investment and as a side hustle. I can't say I'm the magnate of cryptocurrencies, who completely changed his life, but I'm thankful it's helping me to keep some money for the future, besides allowing me to pay part of my daily expenses. I consider this a success already, although I still hope to continue improving within time.

And if I can help someone else through sharing my personal experience, I would say them to get away from uncertain and high risk altcoins, and to focus their money in Bitcoin currency. Moreover, don't expect to get rich on this industry overnight. Progress takes years to be achieved, so you have to take into consideration you will stay on this area for several years until solidifying consistent returns, unless you are already a wealthy person who has a lot of money to invest since the very beginning, what unfortunatelly, isn't the case of most of us.

Take advantage of every earnings opportunities you may find in this market. If you earn in altcoins, exchange into BTC, and hold most coins you can thinking on future increasements in price.
hero member
Activity: 700
Merit: 577
Eloncoin.org - Mars, here we come!
There are two major ways one use to measure his success in cryptocurrency and the number one is the quantity of coins you have in your wallet and the second is your physical achievement. Like if you have 500 BTC in your portfolio then you know that you a successful investor in the ecosystem and also where you lives and what your wear will complement the remaining part of your cryptocurrency wealth tot the society.

There are sometimes you might not who you are but those who are close to you will know and tell you. And lastly help others as bitcoin helpz you.
member
Activity: 378
Merit: 76
Eloncoin.org - Mars, here we come!
I can boldly say that my success in Bitcoin can be measured by how much money this decentralized digital currency has been able to help save my long term investment when the value of my local fiat currency fell drastically due to governments unfavorable policies. Whereby resulting to funds which were initially saved in local fiat, after a long while to lose it's global market value due to inflation and high prices of goods as the price of dollar increases to local fiat, whereas those who might have had their funds saved in dollars, it remains static, while those who save in Bitcoin, it's value increases due to it's volatile nature.
My success in the market is lengthy, I've been so much grateful for the proper knowledge received from the market, not holding down from taking bold steps to continue investing in projects. The volatility of the market is necessary, everyone have an idea of the market as long as the person in question is a trader. The market doesn't follow the commands issued out by top whales, rather it moved according to the present condition of the market. Crypto have played two major roles in my life. I've watched and observed the market, it becomes favorable as long you're not desperate and always wait for the market to come to you and not you going to the market.
hero member
Activity: 896
Merit: 653
I can boldly say that my success in Bitcoin can be measured by how much money this decentralized digital currency has been able to help save my long term investment when the value of my local fiat currency fell drastically due to governments unfavorable policies. Whereby resulting to funds which were initially saved in local fiat, after a long while to lose it's global market value due to inflation and high prices of goods as the price of dollar increases to local fiat, whereas those who might have had their funds saved in dollars, it remains static, while those who save in Bitcoin, it's value increases due to it's volatile nature.
sr. member
Activity: 1750
Merit: 280
Smart World Global Token
There are several ways I measure my success in crypto. The first of it and for almost all would be the financial success. All of our real life prices are on fiat currency so it's not a surprise for people to measure the success in % of profit made on fiat investment. That's what brings most people to crypto.
But there are other learning associated with crypto that makes me realize understanding things such as economics and technology are success.
Setting up solo or pool mining to a new currency was a measure of success for me in the past but now it's more like finding and using a L1 or L2 network to take early bird profit for staking alts and stables is giving me sense of success.
Pages:
Jump to: