Topic: Will people ever get tired of trading bitcoin? - page 2. (Read 1385 times)

Not only new people alone that have challenges while trading, there are some mistakes that even professionals will make and it will affect them, but starters and people that are already there need to be very careful when trading in general, and before you can start you need to understand every position that the candle stick is taking and even reading does candle stick you have to be very careful because you might misunderstand some of the directions. you can say that Bitcoin is the best investment we know it is beneficial but you can not say that it is the best. and some people invest in dollars and also gold and others and they are also making money out of it. and investment deals with the understanding of people. that will show how far they will go in their investment.


Hold we know how beneficial it is i was looking at the previous record of Bitcoin price and people who were holding would have made a lot of money but am sure it was not that easy for them because they had to even you reduce and stop most of the thing they were doing just because they want to keep there investment safe. because no matter the bear the market keeps better and better and that is why you will notice that those who have invested in Bitcoin and have gotten profit will always not want to stop because they already know the benefit of investing in it. if am holding I don't think I will worry too much about the price because I know that when the price is high I will sell at a good price and that is the main reason I invested.

If we choose to hold on for a long period of time of course we have to have good planning before starting, because if we don't have a plan before starting then it will be very difficult for us to persist for a long period of time and our habits will experience difficulties if we don't have a plan good investment.

When we make an investment, it is very important that we do not use the funds for other needs because if we do not prepare the funds first to invest, of course we will have very difficulties when carrying out investments and we need these funds so that we cannot complete the investment that we have started.

Holding for a long time is a situation that is easy to do, but you must also be prepared with the funds that will be used. because if the funds used can be provided as long as possible and are not changed from the investment that has been made, of course it is just a matter of time to receive an increase in time.I agree that if you want to invest for the long term, you have to use funds that are not mixed with your needs so that you don't waste your mind sorting them out.Long-term investment is an investment that is very safe to do; just wait until the time can be determined.​

    Bitcoin the largest cryptocurrency by value is not controlled, whereas a measure of bitcoin's value compared to the wider market sees it as the most valuable cryptocurrency and in turn makes bitcoin go wild as per market demands and also as a cryptocurrency that will take time for many others to overcome. Let us first notice that Bitcoin remains the prime cryptocurrency market mover, however, with its dominance, there is so much yet very little that can be considered.
   As long as Bitcoin is still trading in the market with millions of market cap and it’s running everyday Bitcoin is not going anywhere. People can not get tired of what brings them money, now that the economy and inflation rate are so high, trading has become some many side hustle to most people. Some even went further to quit their job and decided to go all in to bitcoin. There is no “next Bitcoin” because Bitcoin was the first cryptocurrency and it will always be the first cryptocurrency. However, there are new and different cryptocurrencies with new and different features, because they are based on brand new technology.
   

Trading is exciting and I don't think anybody would want to be tired of what makes them happy or what keeps them financially free.Ever since bitcoin existence and people started trading bitcoin.Although there have been several trading mishap that occurred but people will not get tired of trading it.
  You can make a lot of money from trading bitcoin irrespective of whether market price rise or fall.
Bitcoin is a risky investment,and people that trade bitcoin are said to supposed to be in a very strong financial position so they can afford to lose any money they invest in it.
 

Actually, every fluctuation that happens in Bitcoin actually gives a profit, and for other traders, it is a loss. It also depends on the level of volatility, and at the same time, it also depends on the knowledge that an individual trader has.

That's why knowledge is more important than ignorance in trading. It's as hard as we just depend on luck or guesses that have no basis.


If our prediction to make a crypto that we trade is correct, what if we make a mistake in our prediction or analysis here? Of course, it could give us a lesson in the end, right?

3. And those who lose and gain with nothing tangible to show for it.

This is more of personality. Whether u achieve or not depends on the character.

  Well, honestly speaking, if I have a deep understanding of Bitcoin and I know that it helps my life and my family, There is also no reason for me to stop believing in Bitcoin.

  Let's assume that it's tiring to make this career in Bitcoin or cryptocurrency. It's not easy, to be honest, but that's okay; it's part of our growth in this industry. There is still a chance for us to rest; after all, we are the ones who own our time.

Btc or other alcoints function the same as a zero-sum game, the result is often equal to someone else's loss.. This is a scenario where Pareto's 4th type of trade holds. And yes, with finite supply being one of Bitcoin's key attributes, it does share certain aspects of a scenario resulting from Pareto's 1st type of trade.

The future interest in Bitcoin and its alternatives certainly hinges on abundant factors including its limited supply, market demand and regulatory environment. It may be later or sometime when the btc supply decreases, but this really depends on factors such as trust, security, and ease of use of the alternative..Your viewpoint employs a well-reasoned economic perspective, tying in the Pareto principles beautifully. What is clear is that this crypto is most sensitive to negative news issues, meaning its price becomes uncertain due to this influence

Trading becomes more enjoyable when we get closer to predict the market in a better way and keep on booking profits. Cryptocurrency traders won't get tired much, because they know well, if we weren't able to make profit out of the marginal fluctuation lets hold it. We can surely enjoy the profit, so rather than getting tired some used to get disappointments going for the wrong selection of shitcoin when they are doing good with the leading cryptocurrencies. This sometimes eats the profit and make traders worried, which is their bad luck.

At least we know that Bitcoin isn’t a Ponzi scheme, so it isn’t as if someone has to lose some money for the rest to get their profits. So in number 4, someone people losing is because they do not hodl long enough before doing the trade, because if they did, they wouldn’t be in a loss. Bitcoin is like a product that can increase its value based on scarcity and demand, not based on some people who lose or trade foolishly. Like I said, scarcity and demand are the factors!

No one ever settles for less and the struggle is to earn, earn more and keep earning and always getting ready for what tomorrow had considering the economic factors.
Bitcoin is a readiness invented program that is to stand against the economical unfitted situation whereas the government intensionally wants to frustrate the masses.

So who ever that throws its shields off after the crisis then it is unhealthy and unsure to meet with the next stage of the tournament.
As long Bitcoin would keep to its potentials and in advances, people in the global realms would always multiplically keep embracing the Bitcoin because it is the shield and apparatus to hover and conquering of the economic projections of the government that tends to make lives uneasy.

Traders have all the reason to get tired and quit from trading if trading has not been beneficial for them, that is when all they got are often losses and have never been experience gaining significant profits at some point. However, I should say that's not the best option after all. Trading is really hard and we're all aware of that, but if you know how to manage the risks and is patient enough to deal with the market's unpredictable changes, then you will never end up getting tired and quit trading.

People have different mindset when it comes to trading. And if you have a positive mindset on it despite of your struggles when trading, I believe you will come to overcome all of them in time. Just give trading a lot of time for you to be able to understand how it really works and how it can give us a brighter future ahead.

The problem with this is that we take it for granted that trading will be very easy and profitable in a short period of time.
Beginners, especially those who are new to crypto, have a very simple mindset and think that trading can be done because they only have to guess buying or selling which is precisely what causes them to feel cheated even though their concept of trading is wrong because what they do is gambling not trading without any research and doing analysis techniques but directly trading because they only rely on instincts.
This is what makes it difficult for us to develop because what we do is not accompanied by knowledge that we should know first.
So instead of doing something like that it is better to be on a safer path where we only save (invest) properly so that losses can be minimized.

People would always prefer to stay in areas where they can consistently make money, which is one of the reasons why trading is so difficult to quit since those who have previously made money are continuously doing so and are also bringing in new players. This is in between, in my opinion, and the purchasers should be our first concern. The supplier can then follow suit, as it will provide a challenge to the company if supply exceeds demand.  And from the look of things it does not look like people are leaving trading anytime soon. And the way bitcoin is going it is gaining more grounds just that they are trying to make it centralized by all means. And that is what exchanges do having access to peoples privacy. And in conclusion traders are increasing everyday.

I guess if traders know what trading can do to their lives, then they will be never get tired no matter how hard it is to win trades in the market. Instead, they will continue to improve their skills and strategies in trading so that there will be positive improvements in their trading career. And trading profits does not happen instantly, it needs hardwork and persistency in the trading market, and quitting would never be an option.

However, for those who are starting trading and  trading losses have become annoying, there are high chances that they will get tired from trading. But it also depends on their trading mindset. Some needs to see losing often because that will motivate them more to do more good in trading.

Yeah, that is the incentive behind it, both parties are going to make money, i.e. the exchanges themselves and then the traders, so it's mutually exclusive. And so in bitcoin market wherein it is very volatile, traders are going to take advantage of it to squeeze and make money, whether what kind of trader you are.

And this is why old and traditional fart like WB doesn't like bitcoin, it's very unpredictable and they know that it's hard to control unlike traditional stocks. But for traders here, it's the other way around. But it's not for everyone though, maybe some tried and think that it will take a lot of time for them. And so majority of us chooses to be just a HODLer. Buying and accumulating and looking for the long term.

It depends on your interest and risk management.
if in the end you are able to accept the risk with trading which of course is greater in terms of risk then indeed continue because you are ready for all the possibilities that occur but if indeed you are not ready for such things then it is better not to try with trading and better be in investment by holding for a certain period of time.Trading can be done by anyone but not everyone can profit in trading which makes this a big doubt especially for new people.
But that is where the learning lies because if indeed we do not feel trading and do not feel the loss in trading then we will never consider that trading is difficult to do but if we have felt then surely the situation will be different and we will choose a safer path which is long-term investment.

It is quite true that holding in the long term will provide a greater Roi someday and also we have seen stronger price movements from year to year so holding is one of the keys to achieving greater profits in the years to come. Invest with money that is not used for other purposes because it will not burden your mind when prices fall and long-term planning will run smoothly if you are not burdened with thoughts.

Well, for a trader, of course they can go through many phases on their journey, whether it's making a loss or making a profit, because traders always monitor the charts in order to be able to run well in the trades they carry out. Yes of course traders will take a smaller percentage of the increase because they buy and sell every day and they can do it in several purchases and sales. But for traders they will definitely experience a loss if they sell in a situation of worry such as fear of prices falling further and that is definitely on their minds.

Due to the fact it's money the idea behind the technology is unique, vast, and different from any other monetary system. So, saying people can't get tired of money. We always need money for our everyday life. Closely looking at the trend, many people ain't in the stock market like it was during the last decades. In the days of Warren Buffets. Gen Z is not interested in buying stocks compared to the previous generations. You'll notice that when new technologies appear in the market. People can move on depending on the interest we get in the technology. Nobody knows what's next. The market is open and large, many people have a lot money in Bitcoin. They are patiently waiting for a technology that'll substitute bitcoin, to invest money.