Topic: Bitcoin soon will become a boring investment? - page 4. (Read 1060 times)

actually not only those who have not patience but those people that has no money to invest also,Like others here that talks shits everyday but the truth is for spamming only and to make their post counts complete while the reality?these people has no even a single cent invested in this market,all they have is bounty tokens that automatically sold after being listed in exchange.
Let them be because the one who can wait is the one who will profit,this is one strategy here in crypto specially in Bitcoin.

The sole purpose for bringing freedom, but unfortunately most see it as investment and with huge volatilities many people who knows how things works are enjoying this system. Until there are people who are believing that not just for investment but also for catering transactions time will come that it will be more busy, both investment side and payment side.

Now many bitcoins are used as paying for goods and services and even online stores have implemented this system to encourage bitcoin as a currency that can be relied on for the community. accustomed to this I'm sure with the revolution that you say it will happen more and more known bitcoin then payment in whatever it will be greatly appreciated by anyone.

In my opinion, there are many things we could get from Bitcoins that wouldn't bore us compared to traditional investments like gold and real estate. Bitcoin was created as a currency and it should not really be seen as a solely investment material. It was created so people could use it to pay for goods and services. And that is the good thing once everybody has it, then businesses will demand payment should also be in cryptocurrencies if not bitcoins. This will revolutionize the markets themselves.

Oh, thanks for noticing.
Here's the actual link : https://m.benzinga.com/article/14561157


Every crypto article are most likely to have different results as they have different amount of respondents, but we can't also deny that this survey is close to the actual number of people who owns Bitcoin. It was also stated in the article that there are actually more or less 50% of the population from EU, Australia and North America who are well aware of Bitcoin but didn't own one. So yeah, from that information alone we can really say that we're still far from major adaption.


I don't know but I can't find any reason for someone to lie and say no If they were asked about Bitcoin in their possession except the concern about security. As long as the survey team won't ask how much Bitcoin do they have on their wallet approximately, then that wouldn't raise any suspicion on the respondents end.

If you do not know the risks that you are taking, do not invest in cryptocurrencies, it is not the ideal investment for beginners and it is dangerous to rely on them because their prices will fluctuate constantly.
Do not imitate others, as this investment may be excellent for many of them, but it may not be good for you, you must determine which investments succeed with you and strive to achieve them.
Bitcoin can be good or bad investment

Even though bitcoin can become a boring invesment, i dont think that people will abandon bitcoin. As you can observe, bitcoin is the domanating coin for more than ten years, and its also the first cryptocurrencies to be created that is adopted widely. Thus, bitcoin will always be first considered when somebody want to invest in an online asset

Gold is also a boring investment which is less volatile than any other types of invesment. However, gold has gained a lot of trust and reputation over thousands of year existing on this plannet. Not only that, people has already created many new types to mutiply your invesment such as leverage. This type of invesment goes along with bigger risk. Well, the more risk we have, the more reward we can earn.

In conlusion, I want to say that no matter how the crypto market change, bitcoin will always have a place in people's mind

Bitcoin is not yet fully adopted anywhere and many countries didn't accept or not yet legalize t,so how it could be a common and boring investment? Bitcoin is the best crypto investment with higher value ,with more adoption in the future and with a a great usage. Look,this time that unemployment continue to increase ,bitcoin and other crypto investment is another source of income to survive daily needs.

There are still about 2.5 million coins to be mined, while daily only 900 are mined. Plus all the future halving. The time when miners will run out of coins wont be soon. I would not worry about that much.

What worries me is fact that bitcoin is now not a encrypted, trasparent and cheap way to transfer funds, but becomes more like a source of investment. It is like buying a mobile phone and use post to communicate, while keeping a phone sealed.

I think it is all about mindset and your goal towards the investment, if you are long term investor who are willing to wait a lot of years just to make profit then it is really boring because you are just waiting the right time to sell it but for those traders, investing in bitcoin is not boring because they doing it actively where they have a short term goal in order to make profit. I do crypto trading and I am a short term trader, I do not get bored because I making money through the swings of the bitcoin using short term time frame.

The price movements are also the reason why people will not be bored at all.

It is true that the price is staying for a while not but a lot of people predict that it will move again so that is worth waiting for. If you will be bored by that, I guess trading and investing is not for you. We need to be patient in fact, people should not be bored by cryptocurrencies at all since they move really quickly, you might turn your eyes away from them one thing you know, you are having a profit.

With no more coins to mine and miners working for fees while investors staking for profit, bitcoin is sure to get more boring. The developers can bring in some twist but there would be no drastic change in it's nature. The only way we can make the bitcoin use vibrant is to implement lightning like speed and transaction fees so that merchants could use it as a transaction coin increasing it's utility.

If a lot of people are joining the bitcoin market then the price will always keep on rising and this is good for the future of bitcoin. The only problem in this scenario would be a mass sell-off in case of a market crash or when there is economic unrest in a country. Talking about bitcoin as a boring investment then I am absolutely sure that it isn't boring as compared to real estate trading or purchasing and holding gold for life. There are a lot of market fluctuations which are many times like rollercoaster ride and pretty fun to watch and in a bear market, it becomes annoying to see the price fall on a daily basis.

If they bored of holding bitcoin, they could sell it with the price now, so they don't feel like that
But maybe they need to do another thing, so their mind is not thinking about bitcoin, and they don't have to watch the price moves like today. We need to find what we like, and if you are a trader, doing trading will help you kill the bored, and you will have a chance to make a profit. They can not enjoy the process so that they feel bored.

Only people whi are very short involved in Bitcoin and don't have much experience can think that Bitcoin is boring investment. Maybe currently volatility isn't so visible but some patience is needed too.
And Bitcoin is not only about price, it's about possibilities and kind of freedom it gives you so.It's very complex.
Don't see Bitcoin only as a easy money, see a bit larger picture.

Maybe they are too now bored of holding their bitcoin and I think it is the main reason why they are now saying the the bitcoin is a boring investment. I'm a trader so I actively buying and selling bitcoin and for me it is never be boring because I love what I keep doing.

I trust the process also and I have patience to wait and enter to the right moment for me to make profit in the market. You will really be bored if you do not trust the process because it only indicates that you do not like what you are doing.

Use it any way you want, since part of the appeal of Bitcoin is the freedom it offers you.  But the point is, if you're looking solely at profitability and not the wider benefits being conferred to you, then you're missing out on all the stuff that keeps most of us engaged and interested.  

Are you familiar with the phrase "money is power"?  This is considered by many to be one of the most prominent technological breakthroughs in history, having the potential to revolutionise financial independence for millions of people worldwide.  The very existence of Bitcoin is a challenge to the conventional notion that everyone has to rely on the banking monopolies that effectively run our entire world.  There are some people out there with vested interests who would much prefer it if this didn't exist.  Because it's not only a threat to their business model, but also the way in which we've just blindly done things for centuries.  This is a dramatic shift in power from them to you and there isn't really a way for them to prevent it if people decide this is what they want.  So here we are in the formative stages of a revolution and you think it's getting boring?  Look at the bigger picture.

Then again, it doesn't surprise me that people generally aren't appreciative of what they have.  Few of us are excited by the fact that we have electricity, plumbing and a roof over our heads until we suddenly don't have it anymore and realise what we lost.  If you take things for granted, it's only natural you will get bored easily.

Only people who don't have the patient will think that bitcoin is a boring investment. They can not wait for more to see the bitcoin price will start the rally. If they are learned about bitcoin, they will know that bitcoin needs time to rally, even if the time is one night, that still need time. If bitcoin price starts to rally, the price will be able to break the high price, and I think that will happen in a short time. Everything needs process and time, so if you can enjoy the process, you will not think about anything, and you will have the patience to wait for the time.

Gold is not common. Bitcoin is not boring either, the trading and manipulations make it never boring I guess.

In my opinion Bitcoin will never be a boring investment as long as it is still profitable, because gold alone is very common and everyone
know it. Don't make gold a boring investment, and anyway Bitcoin is not a common investment. Because there are still many people who
don't know Bitcoin yet, haven't even heard of it. So from that Bitcoin still needs a lot of promotion and education, so that it is growing
and known to more people.