More like asking if people will ever get tired of making money! I think the answer is NO. People will always keep trading btc even not everyone who is involved in btc is a trader.
Btc is a easiest asset to trade or invest on and make money at the comfort of your home with needing any paper work. No other assets gives such ease.
Btc is a revolutionary digital currency that was created to change the narrative of traditional aged financial institution and it hasn't disappoint so far. It may not be a direct alternative as regards to usage but it gives a sense of control and freedom to many people and many more to come.
Topic: Will people ever get tired of trading bitcoin? - page 4. (Read 1385 times)
I think trading Bitcoin is just for a certain amount of it's users because most of the holders or daily users , don't want to trade and risk their Bitcoin but on the same time , we have the so called "players" where they don't really care what current they are using for trading as long as they make money so to answer your question quickly: No , people will never get tired of trading Bitcoin , especially when it has big swings in price.
For me, trading bitcoin comes with winning and losing at some point. And as long you still see opportunities to earn, then you will never get tired of trading. However, different thing applies if your losses have already outnumbered your winning trades, if it happens consistently, I guess you have to think of it a thousand times if you can still afford to lose more or just settle in bitcoin long term hodling.Trading bitcoin is not really hard for the experienced traders since they can still find ways to make profits even if the market do not looks good, but for newbies in trading, it gives them a lot of pressure as to how to win their trades despite of its unpredictable market. That creates more challenge in them to prove to theirselves that they can really trade, but if they end up seeing negative outcome frequently, that will really make them feel tired of trading and just accept the fact that they can't be good traders just like other experienced traders.
Since one of the goals of investing is to make a profit, investment instruments that offer this opportunity will always be popular and accessible. Therefore, I don't think there's a chance of getting bored with Bitcoin investing. Many factors, such as the price fluctuations and cycles in Bitcoin, make it possible for people to invest or buy and sell Bitcoin.
Bitcoin always offers trading opportunities in any market condition, whether it's stagnant or active. An investor who knows this is not likely to think about giving it up. There may be some who do, but I think the majority are like I said.
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.
There is no guarantee that if you have knowledge then using of larger amount will not give you any loss but the percentage of loss remains the same therefore don't invest larger amount ever in a single coins and trading. There are lots of people who trade with larger amount in a desire to have larger profit but their wish remains wish because it is not a good strategy.
Investment and trading are very different from each other therefore if you invest larger amount of money in Bitcoin then it make a sense but for trading if use larger sum then it will be faulty decision. Bitcoin investment gives you opportunity to not be in hurry of selling your asset because time will comes when the price will recover back to its upward value.
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.
It's like a necessity, because humans have to make money, so whatever happens as long as they can make money then they have to do it, different if they can't make any more money or are losing money, then they will leave and that's still the reason, not because they're bored.Quote
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.
Yes, it cannot be denied that currently the popularity of Bitcoin is increasing and what has happened in the past makes many people believe that the price of Bitcoin will always recover in the future.So even if we are stuck in trading, with patience it is likely that we will be able to gain profits even if it takes a long time.
Personally I only suggest that if for trading it is better to choose Bitcoin.
Traders will never get tired especially because they are making money out of it. And BTC price is also increasing. Reasons why they will stop trading is if they wanted to get out of the exchange due to regulation and wanna keep self custody of their coins. But generally, those who makes money out of trading, will keep trading even in the exchange that isn't very well known.
Traders will not waste more time if they can still continue to make money through the trades they have carried out so far, because their dedication is to continue seeking profits from their work for as long as possible. Except as you said, namely when they want to stop and save their assets in their own personal wallets, but as long as they can still achieve the profits they are targeting, I don't think any trader wants to stop doing that. Especially if the profits can be quite large every month.Quote
Newbies today are aware of the pattern of BTC cycle though and most advice they read online is to hold which is way simpler. Those adventurous enough are the ones going to day trade.
Everyone who is happy with knowing the BTC cycle pattern will continue to move and act to make each of their knowledge the basic foundation for doing what they like, and this is not limited to beginners who continue to learn and execute it every day for profit. So it is a pretty good job for anyone, including beginners who are studying trading. 
Traders will never get tired especially because they are making money out of it. And BTC price is also increasing. Reasons why they will stop trading is if they wanted to get out of the exchange due to regulation and wanna keep self custody of their coins. But generally, those who makes money out of trading, will keep trading even in the exchange that isn't very well known.
Newbies today are aware of the pattern of BTC cycle though and most advice they read online is to hold which is way simpler. Those adventurous enough are the ones going to day trade.
Cryptocurrency trading have been main job and there are never have tired keep consistency and spent time for trading due profitable are waiting for, traders who have make money and earned much profit with trading never want to stop their habit from trading in cryptocurrency. Some people got frustrated with trading due lack mentality and first experienced have loss more with cryptocurrency trading will make them easily tired then stop for trading. Newbies today are aware of the pattern of BTC cycle though and most advice they read online is to hold which is way simpler. Those adventurous enough are the ones going to day trade.
Bitcoin is the best income way for trader as short or long term, if you get tired its the same when you got tired with working and won't to earn payment salary, its not problem if you have much money or other passive income but bitcoin trading I think have easily way to earn profit than try with other working kinds or investment.
Trading bitcoin is not really hard for the experienced traders since they can still find ways to make profits even if the market do not looks good, but for newbies in trading, it gives them a lot of pressure as to how to win their trades despite of its unpredictable market. That creates more challenge in them to prove to theirselves that they can really trade, but if they end up seeing negative outcome frequently, that will really make them feel tired of trading and just accept the fact that they can't be good traders just like other experienced traders.
You maybe right to some extent but I will say despite that experience is an important factor in becoming a successful trader, it's not the only thing that matters and it's not always possible for experienced traders to make a profit no matter what the market is doing. Even the most experienced traders can make mistakes and there is always the chance that a trade could go wrong. Although, experienced traders have an advantage over new traders, as they have likely developed strategies and risk management techniques that can help them minimize their losses and maximize their gains. What new traders need is to have a good understanding of the psychology of trading and the ability to control emotions like fear and greed, maintain disciplined and patient and develop a solid strategy that they can stick to.
Traders will never get tired especially because they are making money out of it. And BTC price is also increasing. Reasons why they will stop trading is if they wanted to get out of the exchange due to regulation and wanna keep self custody of their coins. But generally, those who makes money out of trading, will keep trading even in the exchange that isn't very well known.
Newbies today are aware of the pattern of BTC cycle though and most advice they read online is to hold which is way simpler. Those adventurous enough are the ones going to day trade.
Trading bitcoin is not really hard for the experienced traders since they can still find ways to make profits even if the market do not looks good, but for newbies in trading, it gives them a lot of pressure as to how to win their trades despite of its unpredictable market. That creates more challenge in them to prove to theirselves that they can really trade, but if they end up seeing negative outcome frequently, that will really make them feel tired of trading and just accept the fact that they can't be good traders just like other experienced traders.
You maybe right to some extent but I will say despite that experience is an important factor in becoming a successful trader, it's not the only thing that matters and it's not always possible for experienced traders to make a profit no matter what the market is doing. Even the most experienced traders can make mistakes and there is always the chance that a trade could go wrong. Although, experienced traders have an advantage over new traders, as they have likely developed strategies and risk management techniques that can help them minimize their losses and maximize their gains. What new traders need is to have a good understanding of the psychology of trading and the ability to control emotions like fear and greed, maintain disciplined and patient and develop a solid strategy that they can stick to.
Maybe I'm in the win-win trade, because in doing trading here in cryptocurrency, while you're doing it, we actually learn something as time goes by. It's impossible that you don't get a lesson from the trading activity you're doing, honestly.
Whether the result of what we are doing is good or not, we still have a gain to get even if we say that we lost in trading in terms of losses that are assets that you have on an exchange platform. So it's still a win-win because you will do more to improve the next time you do trading in the crypto business again.
Whether the result of what we are doing is good or not, we still have a gain to get even if we say that we lost in trading in terms of losses that are assets that you have on an exchange platform. So it's still a win-win because you will do more to improve the next time you do trading in the crypto business again.
I think trading Bitcoin is just for a certain amount of it's users because most of the holders or daily users , don't want to trade and risk their Bitcoin but on the same time , we have the so called "players" where they don't really care what current they are using for trading as long as they make money so to answer your question quickly: No , people will never get tired of trading Bitcoin , especially when it has big swings in price.
For me, trading bitcoin comes with winning and losing at some point. And as long you still see opportunities to earn, then you will never get tired of trading. However, different thing applies if your losses have already outnumbered your winning trades, if it happens consistently, I guess you have to think of it a thousand times if you can still afford to lose more or just settle in bitcoin long term hodling.Trading bitcoin is not really hard for the experienced traders since they can still find ways to make profits even if the market do not looks good, but for newbies in trading, it gives them a lot of pressure as to how to win their trades despite of its unpredictable market. That creates more challenge in them to prove to theirselves that they can really trade, but if they end up seeing negative outcome frequently, that will really make them feel tired of trading and just accept the fact that they can't be good traders just like other experienced traders.
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.
It is true that interest of people changes on this market but if it's about Bitcoin, they will only lose their interest when they're done with it and no longer holds it.
But even with those folks that have already sold all of their Bitcoins, majority of them still have the interest to accumulate again.
So whether it's about trading Bitcoin or holding Bitcoin, the interest remains once they have already experienced how this market works on.
It is possible that people can change interest even to BTC. I remember there are several OP's before and some users who comment that they convert their BTC to alts and some tokens. One of the reason is because they see BTC is stagnant. Maybe some of them still come back once those cryptos are not profitable anymore and they see that BTC is back on track again.But even with those folks that have already sold all of their Bitcoins, majority of them still have the interest to accumulate again.
So whether it's about trading Bitcoin or holding Bitcoin, the interest remains once they have already experienced how this market works on.
It's normal for a trader to change cryptos from time to time because they took advantage of the price change per coin but investors can HODL a certain crypto for a certain period of time. For me, I will never get tired of BTC because if I do then it's the same as saying I'm tired of earning money anymore.
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.
Why will they, people aren't going to be tired of trading bitcoin or using it since they were the ones that first needed something new aside the traditional fiat currency, we also need to realize that bitcoin is not that bad to cope with it's utilization in the financial economy, as long as bitcoin remains a digital currency, maintain it's currency value and continue to increase in adoption rate, people will always trade bitcoin even more than they do to fiat in exchange for one coin to another.
What do you mean by saying that as long as Bitcoin remains a digital currency? Of course, it will, do you expect Bitcoin to become a physical currency in the future? Because if you do, you are wrong in thinking that way because it's impossible. There won't be any difference between Bitcoin and traditional fiat currencies if it is made physical, and no one can do that in the first place because Bitcoin is completely decentralized. There isn't a governing party that can make such decisions.When we talk about people getting tired of trading Bitcoin, there is only one thing that comes to my mind, it is that people never get tired of doing anything as long as they are earning good money, and we all know that Bitcoin cannot become stable and it will always be a volatile asset and its volatility makes people earn money.
When the supply of bitcoin ends. Wouldn't people look for other things that'll serve them, other than bitcoin?
Those who have money they have lot and are always looking for means to spend/secure it. Prominent people and companies bought BTC when it was like $60k. I'm pretty sure people will buy BTC even when no new BTC are going to get minted, ie, even when it'll be lot more expensive compared to now,
Google says last btc is to be mined in 2140, if no changes take place by then, protocol itself will become so secure that it'll be wise to keep one's money in BTC.
It is true that interest of people changes on this market but if it's about Bitcoin, they will only lose their interest when they're done with it and no longer holds it.
But even with those folks that have already sold all of their Bitcoins, majority of them still have the interest to accumulate again.
So whether it's about trading Bitcoin or holding Bitcoin, the interest remains once they have already experienced how this market works on.
Currently we are discussing trading, there are many strategies that we can use, it can be long or day, the only one of all strategies is wanting to make a profit, the main goal is profit so everyone who trades will do this continuously even though they have made a profit.But even with those folks that have already sold all of their Bitcoins, majority of them still have the interest to accumulate again.
So whether it's about trading Bitcoin or holding Bitcoin, the interest remains once they have already experienced how this market works on.
Trading or investing still has the same goal, if that goal is achieved (profit) then I'm sure no one will get bored or want to stop for the reason of being tired.
Realistically so.
But if we have already made a plan and made a lot of money from this market just like what I have seen in the past. There have been folks that were already okay to stop and call it a complete and finish plan and they had got out here because they've made so much.
While the most of us here, there is no exit plan right?
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.
In my opinion, if there are still profits to be made why would I get bored of trading.Basically, as long as there is a profit coming in, I will definitely do it.
before you could really be able to make yourself that be able to handle out such thing. Its not for everyone but it doesnt mean that you would really be that stopping on testing or trying it out. You wont really be able to know unless you would really be able to experience for yourself. Getting tired of trading with Bitcoin? Dont call yourself a trader if you do have that kind of boredom on dealing up with things, the only time
that i do get bored or tired is on the moment on which the market is really that making some sideways movement on which this is the only time i do consider that it is really just that too tiring on making up trades
yet the price is really that consolidating.
Its up to someones choice on how they would really be gonna handling themselves towards the market. You cant really just that make some easy deal up with things just because you are really that expecting that much.
You wont really be that making that kind of success if you are really that always in a haste.
So long as it keeps making them money, there's no such thing as them getting tired of trading. Gambling for a fact isn't even a money-making venture and we see people gambling for days on end just for the sake of it, what more could it be if you're guaranteed to some degree that you're going to make money out of the venture you're in? That's just it basically. Trading is ingrained in the industry and into the people who built this cryptocurrency world from the ground up that removing the concept from crypto would equate to you pulling the lifeblood out of this enterprise.
Trading's going to stay here for better or for worse, and so are the people who trade crypto. That's just the way it is.
Trading's going to stay here for better or for worse, and so are the people who trade crypto. That's just the way it is.
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.
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.
In my opinion, if there are still profits to be made why would I get bored of trading.Basically, as long as there is a profit coming in, I will definitely do it.
i dont think everyone will get tired of trading but i know that some will
bitcoin is not a get rich quick scheme and it takes hard work and it might also take a toll on someone especially if they have made wrong decisions simultaneously not all work that gives you profit is enjoyable to you some jobs are good paying jobs but really bad for someone’s mental health
bitcoin will not be forgotten just because people got tired of it but know that not everyone is built for this type of environment
bitcoin is not a get rich quick scheme and it takes hard work and it might also take a toll on someone especially if they have made wrong decisions simultaneously not all work that gives you profit is enjoyable to you some jobs are good paying jobs but really bad for someone’s mental health
bitcoin will not be forgotten just because people got tired of it but know that not everyone is built for this type of environment
There are two types of people one who become successful due to bitcoin trading and other who did not get any advantage from it due to their own mistakes. So when people are getting profit from bitcoin then they will never get tired of bitcoin investment because people never desire to leave the path which is full of advantages.
People who never attain good outcomes from bitcoin are those who neither leave the path nor they continue bitcoin trading. If someone is interested in some field then he will never get rid of it but there are numerous individuals who have no knowledge of timing at which bitcoin should be buy or sell therefore they find that bitcoin is not good and the reason behind their fault thoughts is the lacking of knowledge.
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