Topic: Will people ever get tired of trading bitcoin? - page 7. (Read 1385 times)

Yeah that's the point, if people keep on losing while they are trading then of course they could end up getting tired of trading, maybe they won't but there is a possibility of them losing interest on something that they are not making profit from as well.

However, if they are making a profit from trading then there is really no reason for them to get tired of it and I am assuming that they will end up with some sort of excitement about it every single day, after all they are making a profit from it so why would they end up getting tired of making a lot of money? So, the result of this question depends on how much money these people are making from it and how much they are not making from it, depending on that they could or maybe won't get tired.

Yes at a certain moment someone will experience boredom, as I said before, it is quite disappointing if you are a trader who has a lot of experience and a lot of time spent but does not save the money from your trading results, so you don't have money that can fulfill you when you are bored trading, thus forcing you to constantly not be able to get away from bitcoin, at least two weeks or a whole month.

I don't think that with a stagnant situation running to shitcoin, isn't it the same, because shitcoin also moves following the movement of bitcoin, people who run to shitcoin are just desperate people, and even that is much more risky. It is better in such a position to open other businesses, such as working or opening your own business to get income, if you really don't have money saved for your boredom due to a stagnant market.

Perhaps campaign signatures are the best solution for people here.

It's really possible to get bored on things that are repetitive which makes you look like a robot and have no life. But if it's your source of money where it puts food in your table, for sure you'll have no choice but to keep trading. But as you said, Bitcoin's behavior are too stable, causes for trader to have a hard time in getting profits, so they would be have no choice but to settle in investment. Some would try the alternative coins or sht coins but due to their behavior is unlikely to Bitcoin, they would just prefer to invest, or some would find jobs and build their own business. Despite the volatility of Bitcoin or the crypto, it's still hard to find profitable way to enter and exit, so people would find other alternatives money sources since in the crypto industry, it's also draining as well for your mental and emotional heatlh.

If you look at the human character, there must be such a thing as a saturation point, even all natural polarization of nature must be called saturation, at a certain time, surely people will feel bored with what Ida does continuously with a long time, especially with the movement of the Bitcoin market which moves stagnantly, it will have a saturation impact on trade. A person can come out because he is bored with the trade carried out by him is not profitable continuously and prefers to invest in the long -term investment than to do it with a short period of time.

Here we also need to look open to everyone, and of course there are some people who were very active in trading Bitcoin, even very fanatical about Bitcoin, then stopped because of boredom and live life without being related to Bitcoin

Even though Bitcoin has increased and high buying and selling activities in the market.

Of all four options, point 4 seems to me the most true and plausible. This is exactly what is called a zero-sum game. Money can't appear out of thin air, therefore, if 1st trader made a profit, then the 2nd trader must certainly make losses. It can't be otherwise.


This happens when trading anything, be it securities or a bag of wheat.

At the peaks of the price, newcomers, driven by greed, buy for the first time when they see the growth of the bitcoin, thinking that this is their last opportunity to buy it.

If only this stability was not expressed in the value 0.

People can never get tired of trading bitcoin for so many reasons which at least i expect an average bitcoiner to understand some without anyone telling, bitcoin volatile cryptocurrency, this does not need more explanation on that, bitcoin increases in value and have a limited supply, bitcoin is for everyone and no body is exempted to have the least amount of bitcoin base on their capacity, there will always be a ready and available market for bitcoin as long as there's buying and selling.

I don't know what people who buy bitcoin see it as, but speaking for myself, I look at the units of satoshi that I get as that is constant, and if its for hodling then why should i care about how much i'm gonna sell it for in the future. I only care about what the dolllar value I have can afford, in terms of satoshi, but once bought, I don't look at the dollar value anymore but the unit bought which doesn't change.

Your narrative is subject to the motives behind trading bitcoin, I reckon.

If people still benefit from trading Bitcoin, in the sense that they can still make a profit, they will use trading. But if not, they might invest and hold it for a certain period.

And as long as we can still use Bitcoin trading to our advantage, we don't need to consider it. We need to focus on collecting every profit we can get. Also, we aim to collect more Bitcoins before we run out of time.

And there is no need to think if people are bored of trading Bitcoin. They may experience continuous losses caused by not wanting to learn more about trading.

I was not talking about the usage of Bitcoin rather I was talking about trading it for profit. Bitcoin is an online transaction system that allows to be transacted without any middleman. And if you think it like that, turn Bitcoin is the best choice for a currency.  But the trading stuff is related to bitcoins volatile nature and price. Mass adoption of Bitcoin for transaction could lead to Bitcoin being stable. There will be volatility, but that could decrease to a point where it could be considered a day-to-day use currency.

Other methods are fast and reliable but the main point of Bitcoin is decentralization. Which other methods can't deliver. People trade Bitcoin in order to gain profit. If they were to use Bitcoin as a traditional payment method or transaction method then they won't trade. Instead they will accumulate Bitcoin or buy Bitcoin and use it as it is. So the main point of Bitcoin trading stopping or people getting tired of it could be the reason that it won't be able to deliver as much profit as it is delivering now.

I think any trading without lose but just steady way of making gains is no more trading.  Trade is either you lose or gain this is how trading is, people have always have the mindset trading is way they can get profits and get rich. Outside cryptocurrency trading has always be a thing of gain and lose , their is no trade with this two results.

Many beginners comes into the cryptocurrency trading that thinking that they will only make profit from trading and what happens at the end is the opposite of it.

You're right. As long as people can take profits from trading Bitcoin, they have no reason to feel tired. People only feel tired and stop when they no longer get money from trading Bitcoin. Toward the bullrun season, I assume people will be more often to trade Bitcoin. It is because Bitcoin price tends to be easier to predict because it mostly increases gradually. It will be different when the bullrun season is over, people may stop temporarily because the price will tend to drop constantly.

Yes, the high volatility of Bitcoin make the price easily increasing or decreasing. People doesn't need to wait for a long time to take profits, they can trade Bitcoin and earn money in a short time. However, it requires good knowledge to know trading Bitcoin properly. If we trade Bitcoin carelessly, we may not get the profits but to lose money. The volatility doesn't only to increase the price, it also makes the price to drop quickly. 

If people continue to trade Bitcoin, it indicates they never feel tired. Normally, people will stop immediately when they feel tired.

Everything has an end, and maybe Bitcoin will experience this. Maybe people will get tired of trading Bitcoin because no one is adopting it anymore, maybe. But the question is when will this happen? no one knows and no one can answer this. So instead of wondering when people will get tired of trading Bitcoin, it's better to take advantage of what is available now.

People get tired of something when they don’t understand how such things work or lack knowledge. So in trading, most people who get tired of trading are those who don’t learn it and start trading, so they keep losing without getting any profit, and that is why they easily give up thinking they will get money from it, which is due to their ignorance. So on everything we do, once we are knowledgeable about it, we will confidently do what we are supposed to do and we will enjoy it no doubt. But in a situation where we don’t have knowledge about what we want to do, how can we be able to get money from it, especially bitcoin trading? Someone must be knowledgeable about it. You can’t just see someone do something and decide to start the same thing and fail. So in everything we need to understand, especially when it comes to finances.

Bitcoin trading will probably never decrease and there is even a possibility that it will continue to grow as new users and new investors continue to appear in Bitcoin every year. Because the halving will not cause the number of Bitcoin trades to decrease, in fact it could further encourage many people to continue owning Bitcoin and trading it as each person wishes. So trading will continue to occur and the good effect will be an increase in prices which could still be possible after the halving occurs next year.

He dissected it numerically, but everything can be experienced by one trader. You lose, you win, or you take the split and take the rest.
If one trader wins, that means someone on the other side of the world is losing. But it's a moving market so there's a chance that loser can get it back by means of doing the same thing as the winner did to him.
Trading Bitcoin though is a lot riskier, and it takes heavy toll when it moves because of the hard turns that it make in its own market. I do believe that we saw that just recently and many losers came out after that fake news about the Bitcoin ETF.
Will there be a chance to win it back? There is but it may take time, that's another problem when it comes to trading Bitcoin, it can consume time especially if you are the loser and most of the time impatience is winning than patience.

As long as there's money to be made, people will not get tired of trading bitcoin, or any cryptocurrency for that matter. "Why would you get tired of making money anyway?" is what they will be asking you when you tell them that stuff lol.

Bitcoin's too beneficial to drop even in place of some other asset out there that you can trade. There's the benefit that compared to other assets or stores of value, with bitcoin the results are often quick-acting. You don't have to wait for a whole while just to see and reap the benefits that you sowed. Furthermore, due to its volatile nature you're basically earning a lot of stuff from investing in bitcoin, let alone trading it. These reasons alone are good enough for anyone to just keep trading bitcoin regardless of whether they are tired or not. 

If we know for ourselves that we can get a profit from it and that it helps our lives and supports our family, I think even if we get tired of it, there is no reason to stop it. Why should I stop if this is becoming an instrument for me to live and be able to provide everything I need?

There are many reasons why other traders can't just leave it because of the decentralization that really exists here, and it's actually an opportunity. Also, if you have a deep understanding of trading, you won't be bored in the end, even if we say that sometimes we feel tired.

Indeed block reward has no correlation with it, but the circulating amount of bitcoin remains the point of view. What happens if the circulating amount of bitcoin users surpasses by far the circulating amount of bitcoin. The more people seek to get bitcoin, the higher the price increases. With it's finite supply; the end of halving. Those who sold in loss, did so for others to win. Meaning that it'll get to a point where they'll be an equilibrium. A good number of the population would decline if the scarcity of bitcoin keeps increasing. It'll then balance as a coin used by traders and for peer to peer transactions. Used only by those who own it. That it may be hard to get it via fiat. As most people would only prefer to pay for a product or services with bitcoin. Fiat still goes into bitcoin today, when the supply of bitcoin hits its benchmark. Buying bitcoin with fiat may lessen, as the top hodlers may not be releasing bitcoin to the market. A few thousands of investors can hold a huge percentage of the overall bitcoin in circulation, and decide not to sell. Which added bitcoins, helps the price of bitcoin to pump after halving. A good number of bitcoin has been added to the circulating bitcoin. Therefore, yielding fresh profits. Seeing halving as a catalyst to bull run. When that stops what could be catapulting the price of bitcoin like halving those. And bitcoin can't be predicted. It's not a product people kick when it falls. Most people still fear to buy bitcoin even when the price is very low. While others derive joy in investing during the bear run. These are the both parties in bitcoin. So, if the whole bitcoin gets mined, most people will buy and others wouldn't. Those that depended on halving, what else could be a hope to profit in bitcoin? Lots of factors influence the market, which includes; investors, miners, traders etc. These people will always collaborate to help bitcoin grow. It's certain a change comes in different ways. When that stops, all bitcoin has been halved,  they'll be a change in the market. As one thing isn't in existence; halving. That change is what can determine the future of bitcoin.

l don't think people will ever get tired of trading bitcoin. Bitcoin will continue to go up or down, and people will continue to buy and sell it at both times and make profit as the case may be. The only time that volatility of bitcoin can change is after the last halving, in which will make the price of bitcoin more stable and probably reduce the number of trading in bitcoin, but that is not a guarantee and as well will take a very long time.

I think the end of block rewards has no correlation with the principle you stated.  This all depends on the seller and buyer.  Bitcoin supply in circulation will continue to circulate even though the block reward stops.  People will sell them in profit or in a loss depending on their situation. 

The 3 and 4 are the scenario when people are selling at a loss and as I stated has nothing to do with the block reward.


People will always look for profitable venture whether Bitcoin supply through block rewards stop or not.