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Topic: I am so incredibly bored of bitcoin - page 2. (Read 3659 times)

hero member
Activity: 672
Merit: 500
August 26, 2014, 04:04:33 PM
#14
Holding onto and not spending any money is not fun. You need to buy things with it and get the fun you desire.
legendary
Activity: 2268
Merit: 1278
August 26, 2014, 03:49:19 PM
#13
It's working. They want you to get bored and sell your coins. There are only so many out there.
Well jokes on them, the longer the price stays low the more coins I will have when it does rise.

That said, it is boring so I came up with a game to pass the time. Sell a tiny amount of coin at whatever current market rate is (say a few bucks, adjust to taste). Set a buy order lower for the same fiat amount. If the price dips, you make a teeny tiny amount of money. If it goes up, it's a small early withdrawal and my net value has increased. Then repeat. It will mean nothing at all in the long run, but it keeps me entertained as I wait.
member
Activity: 97
Merit: 10
August 26, 2014, 03:43:33 PM
#12
I predict that real fun will start few months before the next halving. It means that you still have, like, 2 years, so better embrace a new hobby;)
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
August 26, 2014, 03:42:06 PM
#11
Have you tried spending bitcoin? That is fun.
hero member
Activity: 784
Merit: 1000
August 26, 2014, 03:40:44 PM
#10
It's working. They want you to get bored and sell your coins. There are only so many out there.
sr. member
Activity: 350
Merit: 253
August 26, 2014, 03:35:47 PM
#9
A year ago, we were all expecting big things. Now, we're all awaiting an ETF... so people have another method to buy bitcoin... because bitcoin.

Don't expect much to happen for a long time. If you you're expecting to make money, you're going to be disappointed.
hero member
Activity: 924
Merit: 1000
August 26, 2014, 03:00:19 PM
#8
OP, you're doing it right for a new guy. Buy low and hold. Dollar cost average and hold.

Caveat: Make sure you understand the technology and don't invest money you can afford to lose.

Three great ways to lose money in this game:

-daytrading (watch the market for a year first)
-altcoins (most are pump & dump with whales waiting to take your coin)
-emotional panic selling (many of the troll accounts are the same people, think about it)
hero member
Activity: 1526
Merit: 597
August 26, 2014, 02:56:15 PM
#7
I started trading ... fun new hobby Smiley

Sell 517, buy 510?
legendary
Activity: 1652
Merit: 1265
August 26, 2014, 02:50:49 PM
#6
I started trading ... fun new hobby Smiley
legendary
Activity: 961
Merit: 1000
August 26, 2014, 02:44:16 PM
#5
I dont find it boring at all!

There are so many differing opinions and so many aspects / use cases that it boggles the mind. I find on here you need to separate the wheat from the chaff though.
hero member
Activity: 1526
Merit: 597
August 26, 2014, 02:43:19 PM
#4
My train ticket is bought. My crypto knowledge is solid enough. My coins are secured.

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 1176
Merit: 1000
August 26, 2014, 02:38:57 PM
#2
I was thinking that the bitcoin price action is becoming dull too. A few months of this boredom to legitimise the currency at this price and it can leave it behind in the next bubble.
legendary
Activity: 1473
Merit: 1086
August 26, 2014, 02:34:18 PM
#1
I am so bored of bitcoin.

When i started reading about bitcoin in august/september 2013 i was so hyped up over this new and revolutionary tech. I was reading forums and reddits from morning till evening. I invested in mining gear and made my first slow steps in the crypto revolution. The bubble was just awesome, i was staring the whole day on my priceticker app on my smartphone. It went up, and down, and up and crashed. And up again. Fucking adrenaline !

But now, i think i am sick. I have the crypto fatigue. It's just not exciting anymore.

Wow, there is a new PoS ?? It's called DPoS !! Meh, whatever. It's still PoS.
Wow, there is a new altcoin ?? It has feature XYZ !! Meh, whatever. I saw the same feature in 10 different coins.
Wow, there is a new asset blockchain ?? Meh, it's the fifth now ?
Wow, there is a new mining algorithm !! Check it out - forever asic resistent !! Meh, seriously ?? Another algo? Just die.


Everything was fresh and i saw opportunities everywhere. Now it's just gray and boring.

I managed to pile a few bitcoins when i thought it reached the bottom (most of my buys happened in the 350-450$ range) and now i continue to buy ~200$ of bitcoins every month when the price dips a little. I had 10 gpu's and it was exciting as fuck to mine and manage and babysit my rigs. Now, i sold most of them. With the rest i am mining monero - what else ? The rigs are running, nothing to babysit anymore.

Reading forums is just plain and simple boring. Nothing happens. There are almost zero really interesting/intellectual threads. Just a few trolls crying over 15$ price swings. Wow, the adrenaline !!!
Nothing groundbreaking will happen in the near future. We all are waiting for the ETF. And of course bitcoin will increase in value. It is just an inevitable fact. We are all early adopters. But it won't happen because a logarithmic trend line screams for the start of a new bubble. It will happen through adoption and the money flow caused by the ETF. Stop being unrealistic with your expectations.

There is nothing left to do.

My train ticket is bought. My crypto knowledge is solid enough. My coins are secured.


Now, i can only wait.

But it's so incredibly boring.
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