Topic: Your successes over the past 5 years - page 4. (Read 706 times)

Upon checking this Month is my 5th year with cryptomarket and It was a meaningful 5 years of experience which I can say a total success already for me. There are losses yes but I focus more on my winnings because I was able to buy the things that I dreamed for, and was able to travel locally. Cryptocurrency gives more meaning to my life over the past 5 years, and I’m forever grateful with this. Now, I’m looking forward for a more rewarding years which I believe is about to happen again.

Instant profit really? Cool but I think that must be trading or if not then gambling as investing takes time to bear profits. Actually you aren't alone with that. I too experience it. It happens because we got greedy and we want to earn more but the result will always be a loss.

I hope you now learn to be contented on what did you make and you now withdraw it and spend it so that you will never get tempted again to gamble for more. But, you must be lying when you say that you aren't regretting anything because some of your sentence clearly states that you have a regret. Well, we all do have that because we don't know what BTC cant do in the past but now it's clear to us that BTC is only a volatile crypto.

I’ve had it all, losses and winnings that made me more experienced in trading. And with those past 5 years, my experiences in trading also created a better version of me not only in the side of crypto, but in all aspects in life. Though I won’t say my balance has increased a lot because there are fair share of losses too, but I think my accumulated experiences in crypto trading are worth more than any profits in trading.

Of course, the more successful a person is in developing his abilities, the better way he will get opportunities. The market is constantly evolving, and traders are also getting smarter, the way they operate in the market is not always the same, some do it around different time zones, while others do the opposite.

But about your question on the OP, I don't have a long story, but I got something meaningful in the market since 2017 and now. It's not much, but I'm able to get enough of what I want, and I'm grateful for it.

In the field of cryptocurrencies, self-development means more earnings. And plus, the more recent the information that you have found and captured, the more money it is. It is on your example that I feel that you are also discovering yourself.

I have done many things. I have switched two R&D's by this time. I learned more things about bitcoin, bitcoin mining, various stuff on this forum and learned how I can make more money with freelance work and with that I kick started pencil artwork services. I earned more than enough money with the time and also adopted more skills in the long run. This gave me greater opportunities to earn and also increased my artwork stakes in various fields.

These years also included the covid phases so during that period I gained more exposure on crypto, increased my alt mining and few other types of crypto investments which later turned into scams. Got into signature campaigns and earning decent money with it, really thanks to this forum.

For the past 5 years I have struggled to keep increasing my bitcoin investments. Some of the bitcoins I got I'm holding for the long term until now. But there are some that I sell for my needs. The balance has increased even more than 5 years ago because of the extraordinary increase. Long term investing in bitcoin is very profitable.

Besides that, I also trade altcoins when the market gives bullish signs and the price of Bitcoin is stable. Besides that, my income is also obtained from signature campaigns and I still hold it for the long term.

I have get experience in last five years in these years the market behave differently and I think that a person should know that market does not persist low for long term but instead it gives us a chance to enhance our knowledge and do better work in future .

I get much money in cryptocurrency but I participated in some projects and does not get anything in result because lots of projects become fack they do not allow income to its participants. Previous year was harsh and I get little bit income in Previous year because market was not well.

Have lost quite a lot during 2018-2019 era where the price was crashed really hard to ground that no one would expect on that day including me when I was new at that day. But, in bright side I take that incident as experience so I can fully prepare when such thing happens again in the future.

For me it's not about increasing my deposit, but how well do I rotate my money between trading expanses and my daily needs. Until today I learn a lot about this topic with my own money and how do I make it.

In the past few years, I can say that I have taken lots of risks and it went all well for me so far. I invested in hyped coins despite their issues and made a good profit from them and when I sold them during their pump, I bought potential coins like Bitcoin, Etheteum, and BNB and made a good profit from them again. I cashed out the profit and reinvested during the bearish season. That has been my crypto routine which I think is an effective personal strategy for me.

For the past 5 years with crypto, I already experienced a lot from making a profit in an instant and lose at the same time.
It has a been a great journey without any regrets because Bitcoin and cryptocurrency, changed my life for the better. I can say that my first two years was the best moment because that is the time of bull market but then after that, the market started to corrects and many panicked already, that's the time I missed the opportunity to sell at profit. A significant affect with crypto to me is that, I'm more confident now to deal with the market and I'm not afraid anymore to take the risk.

I agree with this point. Every investment may return us some profit or experience. But, there would be no point on harvesting only experiences out of subsequent attempts because if you are suitable for investing then you can get profits by making use of the experiences, you got from your prior investment attempts. But, there are unique opportunity with bitcoin investment to avoid bitter experiences as there are methods available to to see only profits.

I mean, those who opted bitcoin with long term goals, must have got chances to increase their deposits (still they got experiences but not from losses). Bitcoin is a deflationary asset and your investment will grow for 5x to 10x for every four years. Choose bitcoin investments with proper plans and avoid frustrating experiences.

You did the right thing, yes you left the altcoins and you still hold the bitcoins in your wallet. Don't think too much that you don't have altcoins, because actually holding bitcoin is better than altcoins. I'm not trying to say that holding altcoins is bad, but holding bitcoins is way better.
To be honest, I also only have a few altcoins and I did that in a relatively short period of time (looking for profits in a short time), but I hold bitcoins which are fairly decent for me, and I'm very grateful for that.

unfortunately, I haven't known crypto that long. I haven't collected too many altcoins in these 2 years. but I have enough Bitcoin which keeps increasing. I am lucky to see and feel how the crypto market dynamics are moving. this is an extraordinary opportunity for us to continue to invest and build a future.
unfortunately, I had to give up some altcoins in the middle of last year for my needs. however, I can not hold everything continuously. maybe that's God's way to ease my burden when I'm in trouble and I happen to have crypto assets that I can rely on.

I haven't been able to achieve success like other people who can make a lot of money from crypto. But it's true, I've achieved some of the goals I wanted and I'm pursuing other targets. My account balance increases and decreases in line with the increasing needs of life, but I always try to work hard to meet the needs of my life and that of my family.

And I'm not as good as people who can increase their account balance drastically but I can only try little by little to increase my account balance so that later I can make big profits like other people. I know it will take time and luckily, I can collect more in these moments.

So starting from 2018? I had managed to make more money then before in my whole life in start of 2018. Could be way more if i just holded my btc and eth but anyway...

I didn't see how hard would the crash in 2018 was going to be and hodled most of the coins to the ground. I was quite happy that i managed to buy lots of stuff i needed in the bullrun so i wasn't regretting anything even if everything would crash and burn. I could have saved a lot of money just by keeping it in usdt, but i started investing, which seemed weird totally waste of time in the bear run.

Somewhere in 2019 i bought nfts with rest of the money i got left. It wasn't much but that would end up making me a lot of money. It was a gamble, i know they would be bigger then ico frenzy ever was, but i didn't know what of they would be worth anything.

I had found out my friends were into altcoins too and we changed some ideas and i benefit a lot from their weird new instinct on what to invest.

I didn't worry that i hadn't any money left. I had risen from $200 before and i could do it again because i trusted in myself. And i wasn't wrong. Next bull run took me nearly back to the ath again. But i was spending a lot too. Partying and my expensive hotel lifestyle made sure that i wouldn't have much left at the end. And end of the bull got me by surprise AGAIN. I was waiting for some fundemental events to happen but they didn't matter when the market crashed. I once again lost money. And now i'll make it back again. At least this time i've been sober now and can actually save money.

Those were the day's man when we used to pick anything that we think will be hyped by its own market. And then it has come to reach that point but we never sold because we're too greedy and think that there's more to it until it's already forgotten and the value has dropped and we're no longer onto that point that we're in profit because something bad has already happened to it and most likely abandoned. Those were the expensive lessons that we've learned from being one.

I tried hard to be a trader and thought of becoming a day trader. I was convinced that if others can do it, so do I. But reality strucked me that it's not really an easy thing.

Whether I've got free or tight schedule, it's not that easy for me to be at best with it. I still trade but just as you, I didn't trade anymore that I did before because I indulged into losses thinking that they're all gonna be a learning lesson someday.

And that's the lesson that I've come to realize that it's not for everybody and I should be good being a casual trader and more of an investor.

Five years may not be enough to say I gained a lot of profits, as I have been working on this for over 5 years now. But it’s not just success that I am after of, but rather the best experiences that have taught me to be a successful trader and to always learn everyday as it will make me more of a good trader. However, with all those 5 years trading, I also experienced a lot of failures and losses that almost made me decide to just quit from trading and just focus on investing, but I just realized that failures are normal, and that losing is expected, the reason why I keep on moving forward by learning on my mistakes every now and then.

I would be  hella depressed if I lose everything, lol.

I would not call it "success" since there is no conclusion yet here in my end, but so far so good and my profits were "more than what I expected". Back in 2017-2018, I do have a lot of losses when I attempted to trade though and I just call it quits there since it ain't just worth it for my time plus my money.

One notable part of the "so far so good" for me was that when Bitcoin reached 64k just couple of years ago.