I think people could possibly get "tried" of trading bitcoin and that's why I'm such a huge advocate for making bitcoin a great alternative currency to actual fiat dollars. Using bitcoin as a currency gives it a whole lot of utility, and therefore giving it more of an appeal to be traded as time goes on. I think it's important to use bitcoin in transaction as often as possible, giving it true utility that will be traded for many many years to come.
In my opinion, holding could give more gains than Bitcoin. I am not oppose to Bitcoin trading but Bitcoin trading can be dangerous for a new person in market. For Bitcoin trading, technicap analysis should be very strong then some one can earn by this currency but Bitcoin is famous and best cryptocurrency and everyone should invest in this. Bitcoin in more beneficial than investment in dollars. Dollar is a currency that can't give multiple times gain but in comparison ,Bitcoin is that currency through which a person can be millionaire from the road. 
Topic: Will people ever get tired of trading bitcoin? - page 3. (Read 1385 times)
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No fud! just reasoning like an economists. Using their mathematical science. You can contribute or share you insights on Pareto principles; Pareto optimal and Pareto superior trades.
Thanks.
No fud! just reasoning like an economists. Using their mathematical science. You can contribute or share you insights on Pareto principles; Pareto optimal and Pareto superior trades.
Thanks.
I think people will get bored of trading if they don't study trading more deeply because as far as I know, the loser pays the winner. Traders will learn how to control their own emotions and psychology. Not everyone can become a trader because they have learned these two things, but everyone can become an investor. at least as long as there is money
what do you think?
I think people could possibly get "tried" of trading bitcoin and that's why I'm such a huge advocate for making bitcoin a great alternative currency to actual fiat dollars. Using bitcoin as a currency gives it a whole lot of utility, and therefore giving it more of an appeal to be traded as time goes on. I think it's important to use bitcoin in transaction as often as possible, giving it true utility that will be traded for many many years to come.
No, I don't think anyone will ever get tired of trading bitcoin it's akin to people who are trading in stocks, the companies from a hundred years ago are long gone but the Wallstreet is still as money hungry as it is so it will be unlikely that they're going to be tired of trading. Also, isn't trading the reason why the market is constantly moving and making it more volatile? So why would people stop trading if that's what's making bitcoin rise in prices, I don't see any future that trading will stop, unless there's an extinction level event or cataclysm happening, trading is and will always be a part of the human civilization. Wouldn't bitcoin plateau in price or dump really fast if everyone just stops trading?However, based on my own experience, I don't think I'll ever get tired with trading, but only on the condition if I see the market remains profitable to trade because that will motivate me to trade more.
They are four kinds of trading according to Pareto; An immortalized name in the economics mathematical science.
1. A win win trade; one that the both parties win, hence the number of people into such trade keeps booming
2. Trade in which a party gains, but no one loses, and again welfare will definitely go up; more users and investors
3. Trade in which no one gains, but someone loses
4. Trade in which some party win and some loses, and increases the amount of profits of those who won.
People are wise, they'll go for one and two, but will trade on it until a point where people can't trade without getting worsen off. But, in 3 and 4, where I placed bitcoin, especially 4. The trade cannot be profitable if people don't lose for others to win. Yet it has some qualities of the results of number 1, finite supply. When the supply of bitcoin ends. Wouldn't people look for other things that'll serve them, other than bitcoin?
People's interest can change in the market. Which is what balances the market. Difference in utilities.
No fud! just reasoning like an economists. Using their mathematical science. You can contribute or share you insights on Pareto principles; Pareto optimal and Pareto superior trades.
Thanks.
1. A win win trade; one that the both parties win, hence the number of people into such trade keeps booming
2. Trade in which a party gains, but no one loses, and again welfare will definitely go up; more users and investors
3. Trade in which no one gains, but someone loses
4. Trade in which some party win and some loses, and increases the amount of profits of those who won.
People are wise, they'll go for one and two, but will trade on it until a point where people can't trade without getting worsen off. But, in 3 and 4, where I placed bitcoin, especially 4. The trade cannot be profitable if people don't lose for others to win. Yet it has some qualities of the results of number 1, finite supply. When the supply of bitcoin ends. Wouldn't people look for other things that'll serve them, other than bitcoin?
People's interest can change in the market. Which is what balances the market. Difference in utilities.
No fud! just reasoning like an economists. Using their mathematical science. You can contribute or share you insights on Pareto principles; Pareto optimal and Pareto superior trades.
Thanks.
I think people will get bored of trading if they don't study trading more deeply because as far as I know, the loser pays the winner. Traders will learn how to control their own emotions and psychology. Not everyone can become a trader because they have learned these two things, but everyone can become an investor. at least as long as there is money
what do you think?
I think bitcoin will be a highly fluctuating commodity. because the price can drop by more than 50% in one year, especially when facing a bear season.
but people will always trade, I mean people will continue to enter and trade there because they might hear the news that someone is rich from bitcoin, that's what makes bitcoin will always be traded, and also someone once said that if economic conditions are stable then money can't created, meaning here there must be movement, whether up or down.
The volatility of Bitcoin already exist and traders will focus on the fluctuation to make profits.This is whenever price of Bitcoin remains stable for some period, it affects traders. but people will always trade, I mean people will continue to enter and trade there because they might hear the news that someone is rich from bitcoin, that's what makes bitcoin will always be traded, and also someone once said that if economic conditions are stable then money can't created, meaning here there must be movement, whether up or down.
However, there are classes of traders, those who have enough equity to trade and those who manage the little capital to trade. Based on the two senerio, no matter the price of Bitcoin at any given time. Bitcoin will always be traded, even with some cents traders will get good profit.
People's interest can change in the market. Which is what balances the market. Difference in utilities.
No fud! just reasoning like an economists. Using their mathematical science. You can contribute or share you insights on Pareto principles; Pareto optimal and Pareto superior trades.
Why do people think that it is boring? I mean in order to ask if you could get tired of it, you must think that it is boring, I think it is one of the most exciting things ever and I do not think that it would be all that much of a difference in the end. I believe that we are going to end up with something that would be a bit more like fun thing to do for people.No fud! just reasoning like an economists. Using their mathematical science. You can contribute or share you insights on Pareto principles; Pareto optimal and Pareto superior trades.
People will trade more and more, because it's fun, did we get tired of trading in the stock market? We did not, it existed and will exist for times to come, I think crypto is like that too, and people should be happy about that, I think that's an important thing. I get that not everyone may think the same way, but majority of the people think of it like it is a fun thing. When the topic of discussion (in this case trading bitcoin) is this much fun, then it means that people will not get tired of it and that is why it is not going to be tiring anyone and people will not stop doing it at all.
No, they wont. It's the same with every trade. As long as people continue to make money selling stuff, there will be sellers.
As long as people continue to make money trading, there will be traders. You can't expect someone to drop a profitable trade and bitcoin trading is going to continue being profitable, unless they ban exchanges all around the world, or people find the next bitcoin, but both of these scenarios are extremely unlikely to happen.
Yes, that's true, the conclusion is that as long as there is still profit in trading, even if it's not Bitcoin, you definitely won't get bored, because boredom occurs because there is no profit to be made. As long as people continue to make money trading, there will be traders. You can't expect someone to drop a profitable trade and bitcoin trading is going to continue being profitable, unless they ban exchanges all around the world, or people find the next bitcoin, but both of these scenarios are extremely unlikely to happen.
~snip~become traders.
~snip~As for how tired a trader can get from trading, we are all human and of course, after a long time doing one thing we will feel tired, I think that’s why traders tend to switch to medium or long-term trading over time.
I agree with you, even though I'm not a good trader, being a day trader is really too stressful and tiring. For example, in recent days, although the market has been trending up, short-term intraday fluctuations have created too much pressure for people who have to sit continuously in front of computer screens. Over the past two weeks, I have taken advantage of the market's uptrend to increase capital, I made some significant profits but I was very tired. I also plan to switch to medium-term trading, and hold instead of day trading, which is really too stressful and tiring.
No, they wont. It's the same with every trade. As long as people continue to make money selling stuff, there will be sellers.
As long as people continue to make money trading, there will be traders. You can't expect someone to drop a profitable trade and bitcoin trading is going to continue being profitable, unless they ban exchanges all around the world, or people find the next bitcoin, but both of these scenarios are extremely unlikely to happen.
As long as people continue to make money trading, there will be traders. You can't expect someone to drop a profitable trade and bitcoin trading is going to continue being profitable, unless they ban exchanges all around the world, or people find the next bitcoin, but both of these scenarios are extremely unlikely to happen.
The logic as you stated is correct, something that can make money certainly won't make you bored, BTC trading can make a profit. so there is no reason to feel bored or bored in trading. This is the same as when people work, in fact most of them love their work. This can be concluded as long as activities that can benefit them will continue to be carried out so that they remain there without feeling bored in the slightest.
Moreover, now BTC has become a special attraction among all circles, even making it a long-term investment. . Only those who lack knowledge and always lose will feel bored of trading.
Moreover, now BTC has become a special attraction among all circles, even making it a long-term investment. . Only those who lack knowledge and always lose will feel bored of trading.
Your opinion is one sided though I respect that. But you should have said that trading bitcoin doesn't earn you profit, you may also lost during the process even if you are too expert in it. Trading bitcoin can give you all the profit you anticipate but it can also give you break down when you make loss and it's very traumatizing for beginners to understand that in the first stage of their trading journey but with time, they get to understand the philosophy of trading bitcoin.
Not saying trading is not a great thing but it's better to hold and deal with the short term crash and enjoy huge profit in the long run than run after the green market that can take away everything from you within short period of time and in between that space, you might lose more than you gain. In fact, I believe only expert make money from trading in bear market but it's very easy thing to make in bull run for everyone.
In trading, those who can trade with trading knowledge are the real traders. A new trader naturally does not know much in the beginning. So when he trades with less knowledge he is more likely to lose. But in case of Bitcoin it is completely different especially for long term traders. A long-term trader will not lose even if he doesn't know how to invest in Bitcoin. There is no risk. Moreover, all types of altcoins have no foundation. In the long run, their existence may be in crisis. So in terms of risk mitigation Bitcoin is definitely better.
If those who are new to trading start trading with a large amount of money then their money will be at risk. After gaining good experience in trading for new trading, if you start trading with a large amount of money then there is no chance of losing money. Sometimes there will be profit and sometimes there will be loss. You can become a successful trader if you accept them and trade. But if you invest in Bitcoin, there will be no risk of losing money here for a long time. That's why I always invest in Bitcoin.If you are a beginner who still has little knowledge and experience but chooses to invest large capital in your initial trading then I can 100% guarantee that you will run out of capital and go bankrupt. Bitcoin trading is not easy if you don't have good knowledge and experience, you will only slowly bury yourself in bankruptcy, it is better to use small capital first when starting Bitcoin trading, then increase your capital slowly according to progress that you make, remember that you have to be smart when trading.
From what I have seen in the markets over the years, I can confirm that no one can make a profit in their early days as a trader. Most people need to spend money and time to exchange for experience, skills...before wanting to make money with trading. Therefore, using a small amount of capital to start trading is a must that anyone must follow if they do not want to lose big and have to leave the market in the early days. Trading is complex and not as easy as investing and holding for the long term, so we need to be aware of what we are facing if we choose to become traders.
Because most of newbies do rough mistake on early days of doing trades. They don't know how to became more careful on the funds they are handling and also they are not taking any precautionary measures on their trades since they don't know or recognize the risk of trading bitcoins in the market.
They realize later on how risky the condition of bitcoin if they lose that's why we always heard that they lose and learn from their mistake since committing that is kinda not avoidable for newbies since they always think its always easy to earn on bitcoin since that's what their friend told to them. If they don't learn and do some adjustment maybe they will be in that situation but if they try to learn then also step up to became more better trader then for sure that they became more wise on decision making on each scenarios they want to consider before trading bitcoin again.
From what I have seen in the markets over the years, I can confirm that no one can make a profit in their early days as a trader. Most people need to spend money and time to exchange for experience, skills...before wanting to make money with trading. Therefore, using a small amount of capital to start trading is a must that anyone must follow if they do not want to lose big and have to leave the market in the early days. Trading is complex and not as easy as investing and holding for the long term, so we need to be aware of what we are facing if we choose to become traders.
What can we say about beginners in trading, if even experienced traders are subject to large losses. But an experienced trader can handle losses more comfortably, since he will already use risk management and most likely will not lose all his funds in a few transactions. As for how tired a trader can get from trading, we are all human and of course, after a long time doing one thing we will feel tired, I think that’s why traders tend to switch to medium or long-term trading over time. In trading, those who can trade with trading knowledge are the real traders. A new trader naturally does not know much in the beginning. So when he trades with less knowledge he is more likely to lose. But in case of Bitcoin it is completely different especially for long term traders. A long-term trader will not lose even if he doesn't know how to invest in Bitcoin. There is no risk. Moreover, all types of altcoins have no foundation. In the long run, their existence may be in crisis. So in terms of risk mitigation Bitcoin is definitely better.
If those who are new to trading start trading with a large amount of money then their money will be at risk. After gaining good experience in trading for new trading, if you start trading with a large amount of money then there is no chance of losing money. Sometimes there will be profit and sometimes there will be loss. You can become a successful trader if you accept them and trade. But if you invest in Bitcoin, there will be no risk of losing money here for a long time. That's why I always invest in Bitcoin.If you are a beginner who still has little knowledge and experience but chooses to invest large capital in your initial trading then I can 100% guarantee that you will run out of capital and go bankrupt. Bitcoin trading is not easy if you don't have good knowledge and experience, you will only slowly bury yourself in bankruptcy, it is better to use small capital first when starting Bitcoin trading, then increase your capital slowly according to progress that you make, remember that you have to be smart when trading.
From what I have seen in the markets over the years, I can confirm that no one can make a profit in their early days as a trader. Most people need to spend money and time to exchange for experience, skills...before wanting to make money with trading. Therefore, using a small amount of capital to start trading is a must that anyone must follow if they do not want to lose big and have to leave the market in the early days. Trading is complex and not as easy as investing and holding for the long term, so we need to be aware of what we are facing if we choose to become traders.
In trading, those who can trade with trading knowledge are the real traders. A new trader naturally does not know much in the beginning. So when he trades with less knowledge he is more likely to lose. But in case of Bitcoin it is completely different especially for long term traders. A long-term trader will not lose even if he doesn't know how to invest in Bitcoin. There is no risk. Moreover, all types of altcoins have no foundation. In the long run, their existence may be in crisis. So in terms of risk mitigation Bitcoin is definitely better.
If those who are new to trading start trading with a large amount of money then their money will be at risk. After gaining good experience in trading for new trading, if you start trading with a large amount of money then there is no chance of losing money. Sometimes there will be profit and sometimes there will be loss. You can become a successful trader if you accept them and trade. But if you invest in Bitcoin, there will be no risk of losing money here for a long time. That's why I always invest in Bitcoin.If you are a beginner who still has little knowledge and experience but chooses to invest large capital in your initial trading then I can 100% guarantee that you will run out of capital and go bankrupt. Bitcoin trading is not easy if you don't have good knowledge and experience, you will only slowly bury yourself in bankruptcy, it is better to use small capital first when starting Bitcoin trading, then increase your capital slowly according to progress that you make, remember that you have to be smart when trading.
That's right, then most people are also saying here that those who have been in this community for a long time, if you are new investors, you should only focus on Bitcoin or stick to it while you don't know anything about it, which is where you learn it first while you still know it.
Even though it's in your wallet balance, at least the only thing that happens to your bitcoin balance is that there are changes in value because of the volatility that it has, and it depends on what's happening in the market as well, as far as I know.
First of all, thank you for this economic knowledge. This is actually my first time hearing of Pareto and it's knowledge added.
Secondly, answering your question, I was going to say people would never get tired of trading Bitcoin, but it's a future event and there may be a probability. But, let's not forget now about how revolutionary Bitcoin is. Even if people become tired of it, it would be because there's an innovation, and that new system of money would be due to the impact of Bitcoin.
And thirdly concerning the four kinds of trading, like most people and yourself, OP, already said, bitcoin falls under the 4th, no doubt. But, don't you think this all comes down to patience? In the crypto world, one thing is for sure, you can't continue to lose, unless you continue to trade without knowledge though, you can't continue to lose. So, this all comes down to being patient and smart.
Secondly, answering your question, I was going to say people would never get tired of trading Bitcoin, but it's a future event and there may be a probability. But, let's not forget now about how revolutionary Bitcoin is. Even if people become tired of it, it would be because there's an innovation, and that new system of money would be due to the impact of Bitcoin.
And thirdly concerning the four kinds of trading, like most people and yourself, OP, already said, bitcoin falls under the 4th, no doubt. But, don't you think this all comes down to patience? In the crypto world, one thing is for sure, you can't continue to lose, unless you continue to trade without knowledge though, you can't continue to lose. So, this all comes down to being patient and smart.
They are four kinds of trading according to Pareto; An immortalized name in the economics mathematical science.
3. Trade in which no one gains, but someone loses
3. Trade in which no one gains, but someone loses
This is a common thing to happen. Many who drown in the trading pool are not not smart but are careless in making trading decisions because of emotional factors and revenge.
I like BTC and it has great potential to invest. Personally, for future hopes and speculation, I don't really care because my mathematical calculation is that BTC will rise slowly and will jump high in 2024, whether it is above the previous year or below the last few that are stuck.
I think people could possibly get "tried" of trading bitcoin and that's why I'm such a huge advocate for making bitcoin a great alternative currency to actual fiat dollars. Using bitcoin as a currency gives it a whole lot of utility, and therefore giving it more of an appeal to be traded as time goes on. I think it's important to use bitcoin in transaction as often as possible, giving it true utility that will be traded for many many years to come.
No, I don't think anyone will ever get tired of trading bitcoin it's akin to people who are trading in stocks, the companies from a hundred years ago are long gone but the Wallstreet is still as money hungry as it is so it will be unlikely that they're going to be tired of trading. Also, isn't trading the reason why the market is constantly moving and making it more volatile? So why would people stop trading if that's what's making bitcoin rise in prices, I don't see any future that trading will stop, unless there's an extinction level event or cataclysm happening, trading is and will always be a part of the human civilization. Wouldn't bitcoin plateau in price or dump really fast if everyone just stops trading?
I think bitcoin will be a highly fluctuating commodity. because the price can drop by more than 50% in one year, especially when facing a bear season.
but people will always trade, I mean people will continue to enter and trade there because they might hear the news that someone is rich from bitcoin, that's what makes bitcoin will always be traded, and also someone once said that if economic conditions are stable then money can't created, meaning here there must be movement, whether up or down.
but people will always trade, I mean people will continue to enter and trade there because they might hear the news that someone is rich from bitcoin, that's what makes bitcoin will always be traded, and also someone once said that if economic conditions are stable then money can't created, meaning here there must be movement, whether up or down.
There are four kinds of trading according to Pareto; An immortalized name in economics and mathematical science.
He is a great economist making such good and valuable rules for trading. Trading is not for everyone, this is a very common phrase, and people often think about the actual persons to whom trading refers. I am not sure about this actual reality but the thing is that most people do wait and want a quick profit they have no patience to wait. Most traders are very patient and have such guts if they lose they do not mind it and take another step and gain profits but some people if they face loss leave all the things. I don't think that trading will end whenever human alive there will be trading. In trading, those who can trade with trading knowledge are the real traders. A new trader naturally does not know much in the beginning. So when he trades with less knowledge he is more likely to lose. But in case of Bitcoin it is completely different especially for long term traders. A long-term trader will not lose even if he doesn't know how to invest in Bitcoin. There is no risk. Moreover, all types of altcoins have no foundation. In the long run, their existence may be in crisis. So in terms of risk mitigation Bitcoin is definitely better.
If those who are new to trading start trading with a large amount of money then their money will be at risk. After gaining good experience in trading for new trading, if you start trading with a large amount of money then there is no chance of losing money. Sometimes there will be profit and sometimes there will be loss. You can become a successful trader if you accept them and trade. But if you invest in Bitcoin, there will be no risk of losing money here for a long time. That's why I always invest in Bitcoin.If you are a beginner who still has little knowledge and experience but chooses to invest large capital in your initial trading then I can 100% guarantee that you will run out of capital and go bankrupt. Bitcoin trading is not easy if you don't have good knowledge and experience, you will only slowly bury yourself in bankruptcy, it is better to use small capital first when starting Bitcoin trading, then increase your capital slowly according to progress that you make, remember that you have to be smart when trading.
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