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Author Topic: How you gauge your success in crypto space?  (Read 4663 times)

Offline TomPluz

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How you gauge your success in crypto space?
« on: August 15, 2024, 05:31:07 AM »
I am sure that all of us got our own personal and different ways and means to gauge success...and determining how to get there can vary from one person to another. Now, in our involvement with cryptocurrency, am certain that there are some factors that we need to see to happen to us before we can say that we achieve some level of success. What are those things?

1. Do you see yourself earning money from your cryptocurrency investment...and what level would you say that you already arrived...should it be five or six figures?

2. Would you rather be able to own some car or your own house with the returns your getting from your crypto investment and then say that you are definitely successful here?

In other words, what are the goals that you want to see materialize before your eyes so that you can proudly say that you are really successful here? Or maybe you are just here to supplement your meager income and is not really interested to get "rich" in the first place?




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How you gauge your success in crypto space?
« on: August 15, 2024, 05:31:07 AM »

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Offline Lucius

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Re: How you gauge your success in crypto space?
« Reply #1 on: August 15, 2024, 03:04:37 PM »
~snip~
1. Do you see yourself earning money from your cryptocurrency investment...and what level would you say that you already arrived...should it be five or six figures?


Considering that I started about ten years ago, I can say that some of my investments were more than successful, and some others were not. I don't want to specify the numbers, but if I invested in BTC when it could be bought for a few hundred $, then it is easy to calculate how much such an investment paid off.

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2. Would you rather be able to own some car or your own house with the returns your getting from your crypto investment and then say that you are definitely successful here?
In other words, what are the goals that you want to see materialize before your eyes so that you can proudly say that you are really successful here? Or maybe you are just here to supplement your meager income and is not really interested to get "rich" in the first place?

Everyone has a goal that they set for themselves in life, and some things like a house or a car are probably something that most people consider ordinary. I'm not a big materialist who thinks that you have to prove yourself or others by spending money on various expensive things, but I think that it is a great success to own something that enables you to be financially independent, and it is also a great hedge against inflation.
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Re: How you gauge your success in crypto space?
« Reply #1 on: August 15, 2024, 03:04:37 PM »

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Re: How you gauge your success in crypto space?
« Reply #2 on: August 15, 2024, 03:09:29 PM »
I think everyone's goals here are at least to get to live a financially free and stable lifestyle from the proceeds of their profits, but of course it makes sense that some of these people want to go even further than that and get rich, and live a wealthy lifestyle. But anyone who goes that route better have an alternative source of income lined up - it is unsustainable to make money off of 'number go up' unless you are a day trader.
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Re: How you gauge your success in crypto space?
« Reply #3 on: August 15, 2024, 08:50:24 PM »
2. Would you rather be able to own some car or your own house with the returns your getting from your crypto investment and then say that you are definitely successful here?
There are some specific needs that you have in your life, and you know that to really achieve those things, you need to have some level of financial independence and confidence. If you are able to achieve any of these things with the help of cryptocurrency, then you can tag yourself as someone who has been successful in cryptocurrency because success does not have one definition and to many people it means different things.
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Re: How you gauge your success in crypto space?
« Reply #4 on: August 15, 2024, 09:42:50 PM »

If I see myself not dumping the coins I have in bear market I guess I can say I am already not afraid of what will happen next. Its a little sucess but there are lots of crypto investors can't hold hold back but sell their stash when the market is falling.

Having a diamond hands is a lot harder to do than dumping the holdings.

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Re: How you gauge your success in crypto space?
« Reply #5 on: August 15, 2024, 10:31:12 PM »
1. Do you see yourself earning money from your cryptocurrency investment...and what level would you say that you already arrived...should it be five or six figures?

As I earn some money in crypto, I can say that it is more than an investment to. It is money and investment.

Just this week I received BTC from 4 different people (2 in BTT and 2 here, in the mixtum campaign and jokermix review). They are all small values, but when you add  $50 + $35 + $60 week after week, month after month and year after year that becomes a lot of money. And bitcoin prices goes up, so a past $50 may become $300 in just a few years.

Crypto changed my life. I am far mor relaxed now than before 2017, because I have sold some crypto to diversify in different investments and to buy things that I needed. I still have most of it too, but I am financially a lot healthier.
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Offline robelneo

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Re: How you gauge your success in crypto space?
« Reply #6 on: August 17, 2024, 08:23:44 PM »


In other words, what are the goals that you want to see materialize before your eyes so that you can proudly say that you are really successful here? Or maybe you are just here to supplement your meager income and is not really interested to get "rich" in the first place?

I have reached the point where I earn a lot from Cryptocurrency back when it was the easiest way to profit seven years ago and I consider myself to be successful having experienced and continue to experience the technology brought by Cryptocurrency, of course it ads that besides your income you are able to make profit from discussing and investing in this technology, its a great feeling to experience that.
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Re: How you gauge your success in crypto space?
« Reply #6 on: August 17, 2024, 08:23:44 PM »


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Re: How you gauge your success in crypto space?
« Reply #7 on: August 18, 2024, 01:52:58 AM »


In other words, what are the goals that you want to see materialize before your eyes so that you can proudly say that you are really successful here? Or maybe you are just here to supplement your meager income and is not really interested to get "rich" in the first place?

I have reached the point where I earn a lot from Cryptocurrency back when it was the easiest way to profit seven years ago and I consider myself to be successful having experienced and continue to experience the technology brought by Cryptocurrency, of course it ads that besides your income you are able to make profit from discussing and investing in this technology, its a great feeling to experience that.
The early adopters really have enjoyed this exciting technology. Though it is exciting but it is also a journey of adversity. Having experienced this industry and its changes for so many years should give some joy.

Being able to discuss and being paid for passionate discussion is another level of excitement and experience of discussion.
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Re: How you gauge your success in crypto space?
« Reply #8 on: August 18, 2024, 02:57:08 AM »
1. Do you see yourself earning money from your cryptocurrency investment...and what level would you say that you already arrived...should it be five or six figures?
not only do i see myself earning from crypto but i have already experienced it the first time i saw how my money got doubled just by holding, it was an extremely
exciting and happy occasion of course i am aiming for maximum profit but considering my investment i will be happy with six figures
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2. Would you rather be able to own some car or your own house with the returns your getting from your crypto investment and then say that you are definitely successful here?
again that is the goal but if i can just support myself and my family throughout our daily lives i would be happy with that then

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Re: How you gauge your success in crypto space?
« Reply #9 on: August 18, 2024, 05:13:37 AM »
No one will tell you what cryptocurrencies they have or the details of what they will do with them, but you must balance between investment, profits and age. If you are 20 years old, you can invest and accumulate Bitcoin and start your retirement at 40. If you are 40 or 50 years old, you will definitely think of Bitcoin as an investment for 10 years and enjoy it for the rest of your life. The matter will be completely different if you do not have a job or have obligations and projects.
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Re: How you gauge your success in crypto space?
« Reply #11 on: August 18, 2024, 12:27:05 PM »
Earning passive income from crypto is probably one of the things I wanted the most. If I can earn enough from passive income for my daily needs, then I'd be more than happy. But I won't be surprised if I change my target when that happens, to something bigger such as buying a house in a capital city in my country. Human greed is endless, but I'd try to control my wants before it destroy my financial status.

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Re: How you gauge your success in crypto space?
« Reply #12 on: August 18, 2024, 01:16:16 PM »
I have been in this crypto currency for a long time and I am making money from here and running some kind of family. I am very proud that I am running my family with income from crypto currency.  I have received a lot from here.  And many people like me have taken life to a great level with this crypto currency world everything from house car to bank balance is possible by working in this crypto currency.

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Re: How you gauge your success in crypto space?
« Reply #13 on: August 18, 2024, 01:16:29 PM »
I believe that crypto space is very important space for me. Because it is sure that many people were stable there life for crypto invest. I also work in this site, so I think crypto market is the best valuable way in this moment. I also surprised when I invest in Bitcoin, it was give me a double benefit from cryptocurrency market. I believe that any person can try this investment site for best benefit. So I think crypto space is the best way for me.
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Re: How you gauge your success in crypto space?
« Reply #14 on: August 18, 2024, 01:33:33 PM »

1. Do you see yourself earning money from your cryptocurrency investment...and what level would you say that you already arrived...should it be five or six figures?

I remember the time when bitcoin was priced at around 6-8 million, at that time I tried to buy bitcoin so that I could save it for the future and not think about future losses.. but I had thought about it first because I was sure that bitcoin would provide many benefits for everyone in the future and even make all transactions easier.

 

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