Topic: Will people ever get tired of trading bitcoin? - page 6. (Read 1385 times)

These people that probably get tired from trading Bitcoin might have experienced;

- continuous losing streak resulting in a big loss
- unable to determined the best strategies they can used in a certain trend even trading now for a long period
- lack of seriousness to achieve a good trading stats
- can't afford to ride with a trend due to lack of funds
- financial problem and struggle
- doing several tasks at the same time and can't focus on trading anymore
- being too emotional and can't manage it properly
- just simply give up

Obviously, for these traders to always be active at trading, they should at least have a reason why they are eager to continue and always like being encourage to trade. That was seeing their portfolio having a good run and growing in profit over time regardless.of the trend.

What is clear is that there will be no feeling of boredom, and I consider Bitcoin the same as the real work that I have done so far because Bitcoin can make money and just like I have worked for years there will be no feeling of boredom. Because it can make money or big profits, and for me money is the main need for me and everyone. And if I'm bored, I can enjoy Bitcoin profits for vacations or whatever makes me happy.
And what is clear is that even large companies will think the same, because Bitcoin can make money or profits through trading or investment.

Every moment of Bitcoin trading is exciting so people will never get tired of Bitcoin trading. If there was any sense of boring in bitcoin trading then maybe people would be tired or bored of trading but there is no chance of being boring here because the market is changing here every moment. The market can move to any position in a matter of minutes. Due to the regular volatility in the market, people are doing so much trading with Bitcoin. Trading is done in such a way where some one loses money by trading and some one gains money by trading one gains and one loses, this is how the trading process works. People usually give a lot of importance to money and in trading there is a possibility of money gain and money loss at every moment mainly because of this reason people will never get tired of trading Bitcoin.

It is true that there is no such thing as boredom when it comes to seeking profits or making a profit, because usually most people get bored easily because there is no profit that they can get from the work they do. Trading is an absolute thing that is very commonly mentioned by many people because it can not only be done in the crypto space, but can also be done in our own living environment in a more real way. So the term trading actually has a broader meaning now.

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.

In reality, Bitcoin investment can be managed with a relatively low time commitment. In fact, I believe most people only allocate a small portion of their time to monitor the Bitcoin market. This means there's still a substantial amount of time available to explore other opportunities or engage in other productive pursuits.

For those who are employed, they can continue their work, and for those interested in learning about a business, this can certainly be pursued simultaneously with Bitcoin investment or trading.

The returns one garners depend on the trader's experience. The more experience they accumulate, the better they become at maximizing each trading opportunity.

For me, waiting for the Bitcoin market to turn bullish is not a dull endeavor because there are other activities that can divert my emotions from Bitcoin. Over time, at least within the span of a few years, Bitcoin has the potential to provide more substantial profits.

Many of the world's biggest companies have already expressed positive thoughts about Bitcoin, and there are more world-renowned companies that will soon be positive about Bitcoin. Bitcoin is not like other coins in the market where people will get tired of trading. Trading in bitcoin is very interesting so people feel comfortable to train here but people never get tired of trading here. People are now planning to do big things with Bitcoin. Many people are using bitcoins to sell or buy their houses, and in some cases, some people are using bitcoins to buy cars, while others are using bitcoins to buy small products, which means that the use of bitcoins has increased a lot at the moment. The popularity of Bitcoin will increase even more in the future so I am sure people will never get tired of trading in Bitcoin.

Yes I agree with what you said, because basically everyone has their own boredom, by trading bitcoin of course this will bring boredom because this bitcoin trading takes a long time unlike general trading that is in our daily lives, trading bitcoin by waiting for a good moment of course you need to wait even for a long time, in my personal opinion this will feel bored if we only focus on bitcoin trading.

For people who are successful in trading bitcoin, of course, they have made a profit. But not apart from a long time because of waiting for the right time to trade bitcoin, only certain people can focus on trading bitcoin because indeed the results that will be obtained are very profitable. even so try to do other things or other short-term trades that way the boredom of trading bitcoin may not exist because we have other trades besides bitcoin.

Mutualistic symbiosis 100% agree

Commensalism symbiosis

Why trade? Wouldn't it be better to just gamble with a clearer direction?

Parasitism symbiosis

In this case it is quite difficult if it has to be mutually beneficial where the context is digital asset trading. Just because the fluctuation is high means there is a higher risk too. Bitcoin is a revolutionary option that can mediate when investing in it for the long term. So if in trading there is no profit and nothing is lost, in general it means that it is very unethical that they took no risks in the first place, because in any case it is considered a waste. The aim of trading is to increase the value of income, return capital intact and be able to manage profits to continue running.

My take on this is that we should let the people of that time to worry about bitcoin, for now we should worry what we can see and speculate on what reaches our lifetime. I wouldn't really like to compare it to dollar though, stocks are more the similarity of bitcoin in terms of trust and value, Apple stocks goes down but we all know that it's going to eventually bounce back, that's the same thing for bitcoin too and the only thing that I believe is the similarity of bitcoin to US is the influence albeit at a smaller scale and its currency use case.
OP would've never made this thread if he'd known that this is the simplest of answer, my take on this question would be to ask the same thing with stock traders, would they ever get tired of trading stocks because they have a century of history already and look at them now, the only difference would be that bitcoin is limited in supply while shares of stocks can be created out of thin air.

Will people ever get tired of trading bitcoin? the answer would be No. It is simply because they can make money out of it.

and now the big company like Tesla Microstrategy or even BlackRock start recognize the Bitcoin so big no people will tired of it. In fact the Bitcoin trading become more frequent.

No man ever get tired or bored of a place that embodied money. There is this spirit money has, so long people go there and make more money from it, the same people will go and they will still come and with time, more people will troop into it because a soldier leave, another comes the barrack remain the same the way it is, there is no change in it.

Look at Warren Buffet and his billions, man is retire but he is not, by that he may be physically empty without strength but he has a team that does the chase for him, he had a team that continue to hunt for money just to complete his aim despite all the billions he has gathered all this year.

Trading is not boring, also is bitcoin. Just last week, there false rumour of Blackrock having it's ETF approved and then bitcoin shoot up, lots of market lonher lost money and shorters made money but today, it's the reverse and that's how everyone makes money from every opportunity because it is non ending activity.

If people cannot be tired of making business then i don't expect them to say they are tired of trading bitcoin, let's look at it from this angle that bitcoin is not a difficult digital currency to understand how to make use of it in the financial economy, there are other forms of trading more hard and difficult than bitcoin and yet people are doing well in maintaining these same businesses together with their risk involved, all that bitcoin requires is the Knowledge from the people in understanding how the network operates and trade bitcoin as accordingly knowing the mindset of them bearing risk despite.

In a perfect world only the two types of trade 1 & 2 would exist, unfortunately we are not living in a perfect world. In reality things look much different, which is why the majority of trading is more in type 3 & 4 categories. If people would only trade when they really want to and always get the fair price then there wouldn't be any winners and losers, everything would be just fair. It's other factors that force people to trade after unfavourable situations and is going to create a profit for some people. The whole concept of making a profit from trading is what lead to the big boom in financial services in the last 30 years. I don't think that people will ever get tired of trading Bitcoin. The price even today around the 28,000 USD is so high that people will remain interest in Bitcoin and other crypto currencies. As long as people can make big profits by trading Bitcoins there will be a large number of investors. And even if some investors would stop trading, then the price wouldn't fall back down to 1 USD. I am sure that once the price of Bitcoin would drop below 10,000 USD there would be a huge number of investors joining the market again.

Bitcoin trading is interesting enough so I don't think people will ever get tired of Bitcoin trading. Bitcoin trading is constantly adding new members, so even if one member quits trading in Bitcoin, another member will continue to trade in Bitcoin. When a member gains some money by trading in Bitcoin, he feels that he should trade with more money, but when he loses some money by trading at the wrong time, he feels that he should not trade anymore. But after a while he will be interested in trading again. People who trade without understanding about trading are usually the most disappointed in trading. We must trade wisely so that we never get disappointed by trading.

Yes of course it will be very boring, anyone would not want if they continue to experience losses in trading because obviously besides being boring they will also feel the loss of money in large quantities. And that's trading, losses and profits will always be the final result that answers the beginning of your trading, but if losses always dominate then I think there is something wrong with you, whether it's from your investment planning or maybe some other factors that could possibly affect such as your lack of knowledge in terms of investment, then if that's true you should be more active in learning. That's right and also under those conditions it's very possible for them to lose interest in their investment and also maybe they will quit. Honestly I don't know if they have failed or not, but maybe it's not a suitable profession for their character and personal self. So I will not completely blame them but maybe they are not suitable for this kind of profession.

If basically they can still get some benefits there even though it's not consistent in my opinion it just needs balance and also better management. It's okay because it's a process to get to the real success, I understand it's difficult but that doesn't mean you can't do it. You have to think positively that one day it will be better.

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.

When they work at work, they also earn money, but they are still tired of work, so it is difficult to say that making a profit is how anyone can remove fatigue from any activity. In trading, in addition to the opportunity to earn money, you can also lose money and every trader has unprofitable trades, I think that there is not a single raider who is able to trade only with profit. And any losses will tire you even more, so before you decide in which niche you want to earn money, make sure that you will like this activity. Bitcoin has enormous potential, the only question is whether you can take advantage of it.

It is very clear and also quite direct to what you are saying because as long as there is buying and selling in the market for Bitcoin, most traders will never get bored with it. And on the one hand, every trader also has quite reasonable goals so it is very natural that traders will never get bored of continuing to trade on Bitcoin when they already know more about Bitcoin and also often make profits from Bitcoin. So Bitcoin trading will continue to exist as long as there are many markets open and still facilitating cryptocurrency as well as Bitcoin traders.

In theory, what you say is correct, but in practice it is not 100% accurate because the last person who bought Bitcoin for 25k will wait until Bitcoin rises, but what if Bitcoin does not rise or the price falls instead?

You assume that Bitcoin will rise forever, and this is not true, because there will come a day when the price reaches a full limit and it is not possible to increase above it, perhaps 100 K or a million dollars, no one knows, but there must come a day when the price of Bitcoin stops at a certain limit.