Bitcoin Forum

Economy => Economics => Topic started by: Accardo on October 16, 2023, 11:43:37 PM



Title: Will people ever get tired of trading bitcoin?
Post by: Accardo on October 16, 2023, 11:43:37 PM
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.





Title: Re: Will people ever get tired of trading bitcoin?
Post by: slapper on October 17, 2023, 12:53:27 AM
These trading rules were developed by the economics genius Pareto, and they remain just as applicable today as they did then. Now when we're talking about bitcoin, it's an absolutely intriguing topic. Bitcoin is a game-changer, a disruptor, and it's here to dominate

The best trades are those that benefit both parties equally and in which no one loses, correct? Everyone adores and desires them. However, as you correctly pointed out, bitcoin belongs in category 4. The game is a zero-sum one. Someone has to lose in order for someone to gain. But this is when things start to get interesting. Bitcoin's strongest suit is its limited quantity. Its uniqueness and importance come from this.

When the quantity of bitcoin runs out, will people start looking for substitutes? Most likely. But keep in mind that Bitcoin has become the benchmark for cryptocurrencies. It is comparable to the dollar in the digital age. People have faith in it and trust it. Additionally, value exists as long as there is confidence. As you correctly stated, the market finds its equilibrium. While people's preferences fluctuate and utilities differ, bitcoin is one thing that never changes. The future is here, and it's a good on


Title: Re: Will people ever get tired of trading bitcoin?
Post by: EarnOnVictor on October 17, 2023, 07:30:41 AM
I believe Pareto is dragging this too much, there are and there will ever be three sets of traders in the market;

1. Those who lose their money.
2. Those who gain.
3. And those who lose and gain with nothing tangible to show for it.

In either of these, you lose to the market/market makers and gain from the market/market makers.

Now about the context, these combinations have existed in the traditional market for so long and it has not died till today, so the Bitcoin market can't be any different. It will continue to flourish as there will always be losers and winners in the market at different time and trading conditions.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Yamane_Keto on October 17, 2023, 08:02:39 AM
If we take gold as a model, as it is the most stable asset, we find that there is active trading in this market. However, the movement is limited and profits are only achieved by using leverage or waiting for several months. However, we find that more people are speculating in this asset.
Bitcoin is still far from its true value, which we can simply know if Bitcoin stabilized around it for 8 years, which has not happened. Therefore, the price will remain highly volatile, which means profits for some and losses for others, with profits for all in a certain period until we reach a period in which the price of Bitcoin is so high that Weekly trading will be able to move the price by 1% in the best of cases and we will reach a state similar to gold. Until that condition occurs, speculation will continue, and after it occurs, it will continue.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: armanda90 on October 17, 2023, 08:33:27 AM
Depend on result or achievement from trading about tired or not some people in trading bitcoin, actually if consistent earn profit exactly with short term trading they will excited and never get tired with trading because have been their passive income. I don't sure with trader in loss position and always get lower price after investing in bitcoin, have waiting one month until one year but not have good result seems they will tired and frustrated with trading bitcoin. Not all loss trader will face tired depend on mentality, if some one have experienced with other investment kinds and ever got loss position they will not tired or frustrated when trading in bitcoin although their position not earn profitable yet.

I have both position now, loss and earn profit with bitcoin trading but have been my passion never got tired with trading bitcoin forever to be my passive income.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Alpha Marine on October 17, 2023, 09:08:47 AM
In my opinion, as long as Bitcoin price will always continue to fluctuate, then it will always be traded. It doesn't have to be as volatile as it is today.
Take gold, for example, its price still fluctuates and people have been trading it forever.
The only way Bitcoin stops being tradable is if the price remains static at a point.
A limited supply of Bitcoin increases the scarcity thereby driving up the price. With the price going up, some would want it and therefore buy it because they'll speculate that they can buy it and sell it for a profit just as it is today. Same way the price will drop when people start selling and people would buy it to sell at higher prices.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Ben Barubal on October 17, 2023, 09:42:10 AM
     In the reality that is happening today, the number 4 is the one we often encounter and experience. To be honest, nobody in this industry hasn't encountered number four. Did anyone avoid that?

     That means, until now and even in the future, we will continue to experience this, but we will make a profit because we can make a profit here whether we buy or sell in the trading activity.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: DeathAngel on October 17, 2023, 09:59:10 AM
I classify trading as short term frame buying & selling, hoping for profits or playing around with risky leverage. People could get tired of the above because it’s a recipe for disaster & likely to incur losses.
However, what people will not get tired of is buying & holding bitcoin long term because it’s close to a guarantee to make big profits. Nobody gets tired of watching their purchasing power grow, taking control of their own wealth, not relying on third parties. It’s enlightening to own bitcoin & say a big F U to the government.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Bananington on October 17, 2023, 12:26:00 PM
Pareto was a fine economic mathematician and although his ideal about trading is logical and applicable with the results of his teachings, it doesn't stop the fact that Bitcoin was built on the ideology of demand and supply.
In the case where people stop trading BTC because they have enough, BTC will remain as mining continues and new blocks are formed.
BTC is money so if no trading, the coins is yours in the long run and the compounding effect of the coins left untouched could amount to millions once liquidated.
I will pick options one and four in your composition of  Pareto principles because it has been what is most common in the gambling and betting world for me and I recognize this trade in which both parties win and that of which the winner gets more and the loser loses all .
People will never get tired of trading BTC because it is what it is today by the principle of supply and demand among P2p.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: BitcoinTurk on October 17, 2023, 02:44:46 PM
When the supply of bitcoin ends. Wouldn't people look for other things that'll serve them, other than bitcoin?

It wouldn't be right to answer no to this question because transactions are not carried out only with spot balances in financial markets. In addition to spot transactions, it is possible to trade in financial markets with futures, contracts and similar types of trading styles. In other words, in such transactions since the contract is actually purchased it is possible to trade more than the current or maximum supply of the traded financial product which we can see in gold. In other words, it isn't necessary for the Bitcoin supply to reach the maximum level or for there to be enough supply in the market for people to get bored of Bitcoin trading.

In summary, I wanted to explain that financial markets are not limited to spot transactions only and therefore a person can trade any amount he/she wishes. In other words, the fact that the supply in circulation has decreased or that any financial product has reached its maximum supply doesn't mean that people will prefer this financial instrument less or will get bored of trading it.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Negotiation on October 17, 2023, 03:12:38 PM
It will depend on the individual's own desire behind being tired of trading bitcoins. If he likes to trade short term then he will and for long term it takes a long time to wait many people don't have that much patience then they can get tired. But long term trading is more profitable as they hope that its value will increase making them profit. If demand for bitcoin increases the interplay of supply and demand may increase its value if you are interested in trading and investing you cannot avoid looking at cryptocurrency trading. Cryptocurrencies such as bitcoin ethereum litecoin have attracted investors with substantial profit potential and a whole new way of thinking about how it works.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Franctoshi on October 17, 2023, 03:34:49 PM
The title of the thread is just like asking if people will ever get tired of earning money, which is No.

They are four kinds of trading according to Pareto; An immortalized name in the economics mathematical science.
Everyone would want to be in No1 and 2 market.

Two things will happen in the traditional market, either you win or lose, which is the category that Bitcoin falls into, When you are buying someone is selling to you and when you are selling someone is buying from you, so it is either that you profit or you lose kind of game and It now balls down to you playing to be on the winning side.

If the system were set to be number 1 and 2 everyone would flood into the market and do the same thing the system could crash and may no longer exist as of today, But what keeps the system interesting and going is because of No 3 and 4 the traditional market pattern that gave birth to the Bitcoin -crypto market.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: KingsDen on October 17, 2023, 04:01:33 PM
Will people ever get tired of trading bitcoin?

Yes, people will get tired of trading bitcoin only if bitcoin stops giving profits;
For bitcoin to stop giving profits means that it will become non volatile;
For bitcoin to become non volatile means it will become a stable coin;
For bitcoin to become a stable coin means it has lost its value;
This simply means that people will no longer see bitcoin as an investment asset;
Maybe Altcoins will take over;
But will this even happen someday? I do not think so...


Title: Re: Will people ever get tired of trading bitcoin?
Post by: yhiaali3 on October 17, 2023, 04:14:54 PM
Yes, it is true, in Bitcoin trading one must lose in order for the other to win, but it is still interesting for everyone and everyone runs after it simply because they expect it to rise more and more in the future.

At every Bitcoin peak, you always find someone buying, and this is really surprising. The reason, as I mentioned before, is that Bitcoin is still in its infancy and people have a strong belief that Bitcoin will achieve very large numbers in the future, so they will continue to buy even at the peak.

If people lose faith in this theory and become convinced that Bitcoin will not continue to rise forever, then volatility could decrease and we will see relative stability in the price of Bitcoin.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Crypt0Gore on October 17, 2023, 04:24:19 PM
Ok, I expect those who lose money when trading to find it tiring and they can easily quit, if you are a professional trader and you are making a lot of money will you quit? I have friend who are into forex trading and when I introduced them to crypto trading they later told me why they quit forex trading for crypto trading, they are getting better positive results from crypto trading than forex, so OP it's about the result you are getting as Bitcoin trader.

The truth is some will win and lose will lose, but if you don't quit you will get your own ways around trading, Bitcoin is always here to stay and the value will always be better in future, if you can get serious with trading you will later get along very well.

I had no time for trading when I get to know bitcoin, my mind was focused on acquiring some Bitcoin but later after investing so much on Bitcoin I started learning about Trading, I am not a pro yet but I at least have better result than when I am gambling on any casino, now Trading is my second best source of income.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: raumonds on October 17, 2023, 05:15:29 PM
I get your point, Pareto's got some solid economic principles. But markets are this ever-evolving beast, and the beauty of it is the dynamism. Bitcoin, like any asset, faces shifts in demand and utility, just like fashion trends. It might have some Pareto qualities, but it's not a guaranteed constant. When the Bitcoin supply exhausts, people might diversify, but who knows what new financial instruments will arise? Markets are full of surprises.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Accardo on October 17, 2023, 05:28:48 PM
These trading rules were developed by the economics genius Pareto, and they remain just as applicable today as they did then. Now when we're talking about bitcoin, it's an absolutely intriguing topic. Bitcoin is a game-changer, a disruptor, and it's here to dominate

The best trades are those that benefit both parties equally and in which no one loses, correct? Everyone adores and desires them. However, as you correctly pointed out, bitcoin belongs in category 4. The game is a zero-sum one. Someone has to lose in order for someone to gain. But this is when things start to get interesting. Bitcoin's strongest suit is its limited quantity. Its uniqueness and importance come from this.

When the quantity of bitcoin runs out, will people start looking for substitutes? Most likely. But keep in mind that Bitcoin has become the benchmark for cryptocurrencies. It is comparable to the dollar in the digital age. People have faith in it and trust it. Additionally, value exists as long as there is confidence. As you correctly stated, the market finds its equilibrium. While people's preferences fluctuate and utilities differ, bitcoin is one thing that never changes. The future is here, and it's a good on

To dominate the monetary system? for how long would that be? It'll surely get to equilibrium, to balance the market.  People will never get tired of using money. If a person is working on a business that requires E gold as the payment method. The person will hurry to know how he'll be able to trade e Gold. Despite e Gold being overshadowed by bitcoin as a payment method. The stay of bitcoin as a commodity with the most utility; money. The market will always move, maybe more difficult. Due to its finite nature. Many wouldn't want to lose for others to win. They'll fall back to the main purpose of bitcoin; as a payment method. Saving some bitcoin on their wallet. Regardless of the decision of people on bitcoin. They're lots of lost bitcoins. With no means of accessing them. Thereby putting a balance in between buyers and sellers. Now I understand why Satoshi tagged lost bitcoins as the helper of the market. Depending on what would make the buyer happy. A new coin or tech, if any, can overshadow the ideas of Satoshi, like his did to Adam back's Hashcash. The situation of bitcoin in such a market, may not be completely reduced. Rather, the news and methods of bitcoin marketing, will also fetch profitable outputs in future. Able to maintain the market. It all depends on the number of people that'll keep using bitcoin when that happens. For instance, de-valuating dollar to an extent people switches to something tangible. Maybe a different country's currency. Yet it wouldn't take away the usage of dollar. Because it's money. People must trade with money. And bitcoin has been serving the purpose of money non stop for over 11 years. It's indeed the future. There are many other generations that'll watch the performance of bitcoin in the financial market, which we may not predict today.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Juse14 on October 17, 2023, 06:42:51 PM
When it comes to trading, as long as it can provide profits, someone will never get bored of playing it. Those who quickly get bored in bitcoin trading, because they don't know and don't understand how bitcoin works, are unable to make a profit in bitcoin trading and think that this is something difficult.

To be able to make a profit in bitcoin certainly requires a long process because we are required to have a good understanding so that we can know how bitcoin itself works. And when trading, we are also required to be extra patient and remain consistent. Because the process sometimes makes us tired and bored.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: DVlog on October 17, 2023, 07:04:01 PM
People's interest can change in the market. Which is what balances the market. Difference in utilities.

Then why is people's interest in bitcoin not changing? This market is manipulative, the government doesn't want it, the price is too much volatile, Adoption isn't increasing at a fast pace and there is so much negative news related to bitcoin that still people want to trade it. This dramatic market and forever evolving nature make this territory more appealing than gold and other commodities which show very stable movement. Bitcoin market creates its own unique behavior in the global market.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Zaguru12 on October 17, 2023, 07:19:54 PM
Then why is people's interest in bitcoin not changing? This market is manipulative, the government doesn't want it, the price is too much volatile, Adoption isn't increasing at a fast pace and there is so much negative news related to bitcoin that still people want to trade it. This dramatic market and forever evolving nature make this territory more appealing than gold and other commodities which show very stable movement. Bitcoin market creates its own unique behavior in the global market.

I disagree with some of your points, bitcoin market is not manipulative yes people will actually think that it is manipulative because of some events that surrounds it, but it is not manipulative, because manipulation is when people sit around and make decisions to influence the market, example is fiat which the government can either print more or reduce the printing number to control it. But with bitcoin there is no such central authority to manipulate it, many top bodies have tried it but to no avail.

The volatility of bitcoin also is just base on the fact that bitcoin is still at an early stage if you notice the volatility of bitcoin in the past years compare to this year you will notice a significant reduction in the volatility rate, this shows that as bitcoin grows more it’s volatility will reduce.

Also bitcoin adoption is on rapid growth, and even the mere number of people that registered on the forum although it can be use to justify it properly will show you how it is growing. The number of countries also relaxing their laws to accommodate bitcoin shows it’s adoption growth


Title: Re: Will people ever get tired of trading bitcoin?
Post by: DVlog on October 17, 2023, 07:41:01 PM
Then why is people's interest in bitcoin not changing? This market is manipulative, the government doesn't want it, the price is too much volatile, Adoption isn't increasing at a fast pace and there is so much negative news related to bitcoin that still people want to trade it. This dramatic market and forever evolving nature make this territory more appealing than gold and other commodities which show very stable movement. Bitcoin market creates its own unique behavior in the global market.

I disagree with some of your points, bitcoin market is not manipulative yes people will actually think that it is manipulative because of some events that surrounds it, but it is not manipulative, because manipulation is when people sit around and make decisions to influence the market, example is fiat which the government can either print more or reduce the printing number to control it. But with bitcoin there is no such central authority to manipulate it, many top bodies have tried it but to no avail.

The volatility of bitcoin also is just base on the fact that bitcoin is still at an early stage if you notice the volatility of bitcoin in the past years compare to this year you will notice a significant reduction in the volatility rate, this shows that as bitcoin grows more it’s volatility will reduce.

Also bitcoin adoption is on rapid growth, and even the mere number of people that registered on the forum although it can be use to justify it properly will show you how it is growing. The number of countries also relaxing their laws to accommodate bitcoin shows it’s adoption growth

You don't need to have central authority to manipulate a market. Manipulation comes from two things: artificial market demands and use of influence. In the bitcoin market whales hold enough bitcoin to move the market few thousand dollars up or down. This scenario has already been observed after fake ETF approval news. Otherwise how market will pump 4000 dollars within few minutes and return to the same level after the truth has been revealed. This was manipulation and whale used the news to manipulate the market. This can not be done in the forex market. A currency loses its value but it goes down steadly and people have enough time to react but in bitcoin market you will not be able to react in time if you are not extremly lucky.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: eightdots on October 17, 2023, 07:53:38 PM
People's interest can change in the market. Which is what balances the market. Difference in utilities.

Then why is people's interest in bitcoin not changing? This market is manipulative, the government doesn't want it, the price is too much volatile, Adoption isn't increasing at a fast pace and there is so much negative news related to bitcoin that still people want to trade it. This dramatic market and forever evolving nature make this territory more appealing than gold and other commodities which show very stable movement. Bitcoin market creates its own unique behavior in the global market.

People's interest in Bitcoin is so intense that I don't think this effect will go away. Despite many obstacles, Bitcoin is still talked about, traded and believed in. As such, we cannot talk about a decline in interest in Bitcoin.

Over time, the actions of those who don't want Bitcoin are causing confidence in Bitcoin to grow even more. Because their arguments for disliking Bitcoin are not well-founded. We all know that the day will come when Bitcoin will be truly appreciated by everyone. That's why Bitcoin trading and the convenience it brings will never end.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: DVlog on October 17, 2023, 08:22:22 PM
People's interest can change in the market. Which is what balances the market. Difference in utilities.

Then why is people's interest in bitcoin not changing? This market is manipulative, the government doesn't want it, the price is too much volatile, Adoption isn't increasing at a fast pace and there is so much negative news related to bitcoin that still people want to trade it. This dramatic market and forever evolving nature make this territory more appealing than gold and other commodities which show very stable movement. Bitcoin market creates its own unique behavior in the global market.

People's interest in Bitcoin is so intense that I don't think this effect will go away. Despite many obstacles, Bitcoin is still talked about, traded and believed in. As such, we cannot talk about a decline in interest in Bitcoin.

Over time, the actions of those who don't want Bitcoin are causing confidence in Bitcoin to grow even more. Because their arguments for disliking Bitcoin are not well-founded. We all know that the day will come when Bitcoin will be truly appreciated by everyone. That's why Bitcoin trading and the convenience it brings will never end.

I don't think there will be a time when bitcoin will be appreciated by everyone. Some people will be shocked to hear that even gold has a community that doesn't like it. I can see you are overconfident about bitcoin and I know why. You are only looking at the price and thinking this will continue forever. People like bitcoins deflationary nature but they also forget that this makes bitcoin challenging to accept as a currency. People don't want to use their bitcoins to pay for services because they know their price will increase after sometimes.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Zaguru12 on October 17, 2023, 08:38:19 PM
You don't need to have central authority to manipulate a market. Manipulation comes from two things: artificial market demands and use of influence. In the bitcoin market whales hold enough bitcoin to move the market few thousand dollars up or down. This scenario has already been observed after fake ETF approval news. Otherwise how market will pump 4000 dollars within few minutes and return to the same level after the truth has been revealed. This was manipulation and whale used the news to manipulate the market. This can not be done in the forex market. A currency loses its value but it goes down steadly and people have enough time to react but in bitcoin market you will not be able to react in time if you are not extremly lucky.

I don’t agree with you that bitcoin has a market whale that can influence or manipulate the bitcoin price to their desired price, the highest holder of bitcoin known is the binance exchange and even them cannot cause manipulation but rather a short term panic, something that even an exchange hack or collapse can cause. The example you presented about the fake ETF news was no where near any manipulation but a media error by cointelegraph which caused a FOMO and when the true news broke out it they fear of losing crippled in and the market redressed. This is the kind of stuffs that affect the price, not a whale moving his funds or setting the price at a price they want. If it is this possible then Sam the CEO of FTX would have gotten his way of setting the price at $20k, because he also has a lot of bitcoin, but just like every whale not enough to control the market because the bitcoin is so decentralized that it can’t be possible


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Twentyonepaylots on October 17, 2023, 08:41:46 PM
People's interest can change in the market. Which is what balances the market. Difference in utilities.

Then why is people's interest in bitcoin not changing? This market is manipulative, the government doesn't want it, the price is too much volatile, Adoption isn't increasing at a fast pace and there is so much negative news related to bitcoin that still people want to trade it. This dramatic market and forever evolving nature make this territory more appealing than gold and other commodities which show very stable movement. Bitcoin market creates its own unique behavior in the global market.

People's interest in Bitcoin is so intense that I don't think this effect will go away. Despite many obstacles, Bitcoin is still talked about, traded and believed in. As such, we cannot talk about a decline in interest in Bitcoin.
Bitcoin being involved in a lot of controversy and rumor and still number one of the board is why people won't let their hands of bitcoin. Imagine being called bubble a hundred times by billionaires, economists, people with influence etc. and standing still up til now with a price of $28k.

Over time, the actions of those who don't want Bitcoin are causing confidence in Bitcoin to grow even more. Because their arguments for disliking Bitcoin are not well-founded. We all know that the day will come when Bitcoin will be truly appreciated by everyone. That's why Bitcoin trading and the convenience it brings will never end.
Yeah it is like a reverse effect of bitcoin when people call it a bubble or trash. I don't think people will lose interest in bitcoin as long as they see a price action and not a stagnant price for it so they can trade and making constant profit. But holding bitcoin would affect its price, pretty sure this is also why we are not seeing that much price volatility in the past few months.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Kelvinid on October 17, 2023, 09:41:26 PM
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


They don't work in reality. No way we could just win all the time from trading but also suffer losses (no matter what we do). If that is true, all traders are already rich but unfortunately, many are suffering losses and even quit.

These 2 things made innocent people think that trading is the answer to their ambitious dream (rich). But their bad experience helps them as well to realize that they were wrong. We have to keep in mind that trading is too risky, some people make a profit while some also lose.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: AmoreJaz on October 17, 2023, 09:48:37 PM

They don't work in reality. No way we could just win all the time from trading but also suffer losses (no matter what we do). If that is true, all traders are already rich but unfortunately, many are suffering losses and even quit.

These 2 things made innocent people think that trading is the answer to their ambitious dream (rich). But their bad experience helps them as well to realize that they were wrong. We have to keep in mind that trading is too risky, some people make a profit while some also lose.

let us put it this way, trading is not for all people. it depends on how passionate you are in this aspect. and even some of these traders can easily lose their interest once they are suffering losses after losses. so you do really have to dedicate your time and mental facet on this one to be successful on this activity.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Accardo on October 17, 2023, 11:43:46 PM

They don't work in reality. No way we could just win all the time from trading but also suffer losses (no matter what we do). If that is true, all traders are already rich but unfortunately, many are suffering losses and even quit.

These 2 things made innocent people think that trading is the answer to their ambitious dream (rich). But their bad experience helps them as well to realize that they were wrong. We have to keep in mind that trading is too risky, some people make a profit while some also lose.

let us put it this way, trading is not for all people. it depends on how passionate you are in this aspect. and even some of these traders can easily lose their interest once they are suffering losses after losses. so you do really have to dedicate your time and mental facet on this one to be successful on this activity.

Sure a win win market doesn't stay for long due to a finite supply. The product or commodity gets to a point where, it'll no longer be profitable. And continuing with such business can cause losses. I've seen such business, where people all gained. A group of people can stake money to purchase a product, then trade the commodity until they're satisfied. If they get the joy from the commodity, they're winning. Only thing is that such business suffer short term survival in the market. Hence, saying that a win win trade doesn't exist, isn't right. It could be you've not noticed such a trade. Most investors at one point finds a product that serve such market value. Where everyone wins. Take a business model for instance, where a type of wood is needed in the market. And few amount of people bought these trees and supply it. With the rate of sales and turn over, these investors will go extreme looking for such woods. To be able to meet up with demand. Thereby increasing the price of such wood. But to a point, where both parties get satisfied, the seller and buyer stops trading the wood. Because both parties will no longer benefit from trading the wood. As though, it has gotten to a stage where finding the wood is so difficult that it'll always cost them to loss before getting it. Hence, a halt on trading such wood will be the best alternative. That's what the number 1 is about. They can't trade it forever, that's why the market won't continue making them more wealth. Until a point where it all balances. People keep trading a product until they're tired of the utility. Which can be as a result of finite supply. Even in such trades like no 4 where people suffer loss, they're those who get reasonable profits from similar trades. Looking at it from a practical aspect, the use of or the existence of such types of trades, isn't a questionable one. They exist and is applicable in the real world.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: icalical on October 18, 2023, 12:13:35 AM
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.


I think these definitions of trading is more suitable for a more traditional trading, like a commodity trading or trading related to a more traditional stuff, when one of the party is end user, or if they resell the goods have a fixed price, they are not speculating it. While most of the people who trade Bitcoin relies on the speculation. Thus for the question 'Will people ever get tired of trading Bitcoin?', I think they will when the Bitcoin price is very stable, and it's either too difficult or too long to wait for the price to go up, it's no more profitable to speculate on Bitcoin.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: poodle63 on October 18, 2023, 12:42:06 AM
You don't need to have central authority to manipulate a market. Manipulation comes from two things: artificial market demands and use of influence. In the bitcoin market whales hold enough bitcoin to move the market few thousand dollars up or down. This scenario has already been observed after fake ETF approval news. Otherwise how market will pump 4000 dollars within few minutes and return to the same level after the truth has been revealed. This was manipulation and whale used the news to manipulate the market. This can not be done in the forex market. A currency loses its value but it goes down steadly and people have enough time to react but in bitcoin market you will not be able to react in time if you are not extremly lucky.

I don’t agree with you that bitcoin has a market whale that can influence or manipulate the bitcoin price to their desired price, the highest holder of bitcoin known is the binance exchange and even them cannot cause manipulation but rather a short term panic, something that even an exchange hack or collapse can cause. The example you presented about the fake ETF news was no where near any manipulation but a media error by cointelegraph which caused a FOMO and when the true news broke out it they fear of losing crippled in and the market redressed. This is the kind of stuffs that affect the price, not a whale moving his funds or setting the price at a price they want. If it is this possible then Sam the CEO of FTX would have gotten his way of setting the price at $20k, because he also has a lot of bitcoin, but just like every whale not enough to control the market because the bitcoin is so decentralized that it can’t be possible
thats true also baffles me when people are talking manipulation when it comes to bitcoin its market capitalization is reaching 500 billions and its trading volume is also not some measly amount either.
if there's whales that could manipulate the price of bitcoin solely depending on their market manipulation which is using their capital then they ain't whales they are billionaire, because the money needed would be tremendous and I don't even sure ordinary billionaire could pull it off even with all their assets liquidated solely for manipulating the bitcoin market.
this kind of thing is always baseless, i'd believe if we are talking crypto with low market capitalization but bitcoin definitely not one of them.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: slapper on October 18, 2023, 01:10:10 AM
These trading rules were developed by the economics genius Pareto, and they remain just as applicable today as they did then. Now when we're talking about bitcoin, it's an absolutely intriguing topic. Bitcoin is a game-changer, a disruptor, and it's here to dominate

The best trades are those that benefit both parties equally and in which no one loses, correct? Everyone adores and desires them. However, as you correctly pointed out, bitcoin belongs in category 4. The game is a zero-sum one. Someone has to lose in order for someone to gain. But this is when things start to get interesting. Bitcoin's strongest suit is its limited quantity. Its uniqueness and importance come from this.

When the quantity of bitcoin runs out, will people start looking for substitutes? Most likely. But keep in mind that Bitcoin has become the benchmark for cryptocurrencies. It is comparable to the dollar in the digital age. People have faith in it and trust it. Additionally, value exists as long as there is confidence. As you correctly stated, the market finds its equilibrium. While people's preferences fluctuate and utilities differ, bitcoin is one thing that never changes. The future is here, and it's a good on

To dominate the monetary system? for how long would that be? It'll surely get to equilibrium, to balance the market.  People will never get tired of using money. If a person is working on a business that requires E gold as the payment method. The person will hurry to know how he'll be able to trade e Gold. Despite e Gold being overshadowed by bitcoin as a payment method. The stay of bitcoin as a commodity with the most utility; money. The market will always move, maybe more difficult. Due to its finite nature. Many wouldn't want to lose for others to win. They'll fall back to the main purpose of bitcoin; as a payment method. Saving some bitcoin on their wallet. Regardless of the decision of people on bitcoin. They're lots of lost bitcoins. With no means of accessing them. Thereby putting a balance in between buyers and sellers. Now I understand why Satoshi tagged lost bitcoins as the helper of the market. Depending on what would make the buyer happy. A new coin or tech, if any, can overshadow the ideas of Satoshi, like his did to Adam back's Hashcash. The situation of bitcoin in such a market, may not be completely reduced. Rather, the news and methods of bitcoin marketing, will also fetch profitable outputs in future. Able to maintain the market. It all depends on the number of people that'll keep using bitcoin when that happens. For instance, de-valuating dollar to an extent people switches to something tangible. Maybe a different country's currency. Yet it wouldn't take away the usage of dollar. Because it's money. People must trade with money. And bitcoin has been serving the purpose of money non stop for over 11 years. It's indeed the future. There are many other generations that'll watch the performance of bitcoin in the financial market, which we may not predict today.
As the saying goes, "money talks." And Bitcoin? Bitcoin is economy's future. Over 11 years, it's served its role, proven its usefulness, and shown its potential. Now, I've always said, always believed, that Bitcoin is the way forward. The future is here, and it's the future!

E Gold? Certainly had its time. But Bitcoin? The Bitcoin took over. It ruled. It became gold standard. Bitcoin stays the same as the market evolves. It's limited, valuable, and permanent. People see that. They know the value of keeping their Bitcoins, even if some are lost. All about supply and demand. Simple economics

Despite new crypto, tech, and ideas, Bitcoin has proven itself. It's endured. Generations will see its strength, influence, and dominance. Like the dollar, it will survive despite adversities. Why? It's money. People always need money.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: shinratensei_ on October 18, 2023, 01:15:53 AM

They don't work in reality. No way we could just win all the time from trading but also suffer losses (no matter what we do). If that is true, all traders are already rich but unfortunately, many are suffering losses and even quit.

These 2 things made innocent people think that trading is the answer to their ambitious dream (rich). But their bad experience helps them as well to realize that they were wrong. We have to keep in mind that trading is too risky, some people make a profit while some also lose.

let us put it this way, trading is not for all people. it depends on how passionate you are in this aspect. and even some of these traders can easily lose their interest once they are suffering losses after losses. so you do really have to dedicate your time and mental facet on this one to be successful on this activity.
trading is all about taking advantage of current situation and also predicting future, If someone is having all the aptitude required with trading that is cold headed, thinking based on logic and so on they will profit same with investing, just imagine if you were the ones that go against the fear back then when bitcoin was heavily in bearish, right now you already make profit off the recovery of bitcoin, thats what is called level headed decision not just some random decision out of feeling that most of the time gonna be wrong.
thats what needed for a trader to make profit, its not constantly winning while also losing, but knowing how to make profit at the end of the day.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: bayu7adi on October 18, 2023, 08:41:49 AM
However, there's a peculiar aspect to Bitcoin trading when its price seems to keep rising continuously. Anyone could potentially reap benefits from trading activities, as not everyone acquires BTC solely for profit but rather employs it as a bank-independent means of exchange. Such a function might hold more significance than the gains from trading, so even if there's a loss in value against the USD, a person is fortunate when using Bitcoin as a medium of exchange, which constitutes another parameter for why someone buys BTC.

As long as BTC users remain diverse in their utilization of Bitcoin, this means that point number 4 doesn't entirely apply. This is what leads me to believe that the 50:50 trading opportunity in Bitcoin doesn't fully hold as long as BTC serves a purpose beyond generating profit.

I'll only be perplexed when Bitcoin can no longer function as a bank-independent means of exchange. What fundamental purpose will justify people buying BTC in the future? Will it become a goal for collectors?


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Pejoh Asu on October 18, 2023, 01:30:15 PM
For those who have experienced profits from trading bitcoin and made it their main job, of course they won't get tired, I have a friend who trades bitcoin and altcoins, he seems to enjoy his work and has a lot of free time because trading on spot exchanges is of course very easy and you can set profit targets what you want to get.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Cryptomultiplier on October 18, 2023, 04:05:44 PM
For those pro and merchant traders that have made a career out of trading BTC, it will be difficult to get tired, unless the new tactics for them involves HODLing up to duration before continuation.
For what a name and reputation stands for however, it would be so difficult for a top BTC trader to just get tired and relinquish any recognition so far earned.

A gambler losses and still has hope of winning so they come back, I don't see why anyone who has encountered a few losses at the onset of or while trading BTC should get discouraged and just quit. It would be true to say such a one never loved trading or don't fancy making money this way, even though it is evidently so, that BTC is the future of money.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: DVlog on October 18, 2023, 04:28:06 PM
For those who have experienced profits from trading bitcoin and made it their main job, of course they won't get tired, I have a friend who trades bitcoin and altcoins, he seems to enjoy his work and has a lot of free time because trading on spot exchanges is of course very easy and you can set profit targets what you want to get.

Trading crypto can be enjoyable as long as the trader makes profits through his trade. This is not always the case because it is also time consuming and unhealthy to sit on a chair for the whole day and wait for the opportunity to make the next move. However, trading crypto is super risky and you can lose all of your profits in one shot which can be really painful for a trader.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: summonerrk on October 18, 2023, 04:33:56 PM
For those who have experienced profits from trading bitcoin and made it their main job, of course they won't get tired, I have a friend who trades bitcoin and altcoins, he seems to enjoy his work and has a lot of free time because trading on spot exchanges is of course very easy and you can set profit targets what you want to get.

I think that will never get tired guys who have been in cryptocurrencies for a long time are people who came in 2016, for example. these guys saw the dawn and collapse of ICO, they also saw how bounty hunter could earn $ 20,000 and in signature campaigns. In general, these are real enthusiasts of the crypto industry. Only those who wanted to get a net benefit from it, but at the same time failed, can leave the world of cryptocurrencies and forget about bitcoin. But BTC its not only about money, its a great Ideology.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: bbigtart on October 18, 2023, 04:35:08 PM
let us put it this way, trading is not for all people. it depends on how passionate you are in this aspect. and even some of these traders can easily lose their interest once they are suffering losses after losses. so you do really have to dedicate your time and mental facet on this one to be successful on this activity.

Yes that's right. Trading is impossible for everyone if they don't understand how it works properly and correctly. The anatomy is like this if ordinary people ride bicycles, but successful people ride planes. Just riding a bicycle requires knowledge, even though it's not much and it's difficult. Moreover, riding a plane requires much more knowledge than riding a bicycle. science must mature. Everything is in balance, small risks produce small rewards, big risks produce large rewards.

Learn a lot first, understand the risks, then decide whether you want to trade or not. Many people are tempted to get rich instantly but instead there are those who suddenly become poor. It is true that trading can generate profits, but it also carries high risks. Change your mindset to get rich suddenly, because getting rich suddenly won't last long. Consistent profits are much more important than trading one day and making $1000 the next day having to sell the house title.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Accardo on October 18, 2023, 10:33:01 PM

To dominate the monetary system? for how long would that be? It'll surely get to equilibrium, to balance the market.  People will never get tired of using money. If a person is working on a business that requires E gold as the payment method. The person will hurry to know how he'll be able to trade e Gold. Despite e Gold being overshadowed by bitcoin as a payment method. The stay of bitcoin as a commodity with the most utility; money. The market will always move, maybe more difficult. Due to its finite nature. Many wouldn't want to lose for others to win. They'll fall back to the main purpose of bitcoin; as a payment method. Saving some bitcoin on their wallet. Regardless of the decision of people on bitcoin. They're lots of lost bitcoins. With no means of accessing them. Thereby putting a balance in between buyers and sellers. Now I understand why Satoshi tagged lost bitcoins as the helper of the market. Depending on what would make the buyer happy. A new coin or tech, if any, can overshadow the ideas of Satoshi, like his did to Adam back's Hashcash. The situation of bitcoin in such a market, may not be completely reduced. Rather, the news and methods of bitcoin marketing, will also fetch profitable outputs in future. Able to maintain the market. It all depends on the number of people that'll keep using bitcoin when that happens. For instance, de-valuating dollar to an extent people switches to something tangible. Maybe a different country's currency. Yet it wouldn't take away the usage of dollar. Because it's money. People must trade with money. And bitcoin has been serving the purpose of money non stop for over 11 years. It's indeed the future. There are many other generations that'll watch the performance of bitcoin in the financial market, which we may not predict today.
As the saying goes, "money talks." And Bitcoin? Bitcoin is economy's future. Over 11 years, it's served its role, proven its usefulness, and shown its potential. Now, I've always said, always believed, that Bitcoin is the way forward. The future is here, and it's the future!

E Gold? Certainly had its time. But Bitcoin? The Bitcoin took over. It ruled. It became gold standard. Bitcoin stays the same as the market evolves. It's limited, valuable, and permanent. People see that. They know the value of keeping their Bitcoins, even if some are lost. All about supply and demand. Simple economics

Despite new crypto, tech, and ideas, Bitcoin has proven itself. It's endured. Generations will see its strength, influence, and dominance. Like the dollar, it will survive despite adversities. Why? It's money. People always need money.

From my perspective, the future you are talking about depends on people's understanding of how bitcoin works. They'll get to the time when the world understands the importance of a decentralized monetary system. It'll be difficult for people to easily adapt to bitcoin at a young age. Most of the products breaking the market with sales. Are very old. But, bitcoin still sells more than them within a few years. Such a technology can't be understood easily by the people. As bitcoin may not be utility to them. I mean no reason to use bitcoin. That's why everyone has, somehow, somewhere, heard about bitcoin. But can't answer few easy questions on bitcoin. So, the growth of bitcoin depends on the number of people who understands the ways of bitcoin. Because with the developments within the decade bitcoin has been in existence. It defines or shows how deformed people are about bitcoin. Convincing or allowing them think about it and its benefits could be a good choice. But, the question is, will they ever come back to learn bitcoin? or is it mainly determined by the effort of others to teach the world on the importance of bitcoin. Because if a person uses dollar, paypal, or bitcoin they'll definite have folks that trades, with them, such currencies. Hence if a person doesn't have any business that requires bitcoin for payment. He may be hearing about bitcoin but won't learn it or use it. With the good and bad publicity referring to bitcoin as a ponzi, scam etc. Bitcoin still stands and progress, regardless. Due to its quality and provision to the society. When they begin to see the disadvantages of operating with centralized monetary system like banks. They can begin to venture into bitcoin for what it is. Money. So, bitcoin has to rally or compete with the government. It has dominated the cryptocurrency market, first. It's strong enough to stand for the world, without failing. Thereby placing it in competition with most used currencies, like USD, Euro etc. Bitcoin is gradually dominating the later. With its bull run season, more people will look into bitcoin.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Ultegra134 on October 18, 2023, 11:00:00 PM
Vilfredo Pareto was a great economist, and I personally studied and conducted research on the Pareto Principle for a university assignment. Anyway, back to the topic: although Bitcoin supply is limited, all coins will be mined in more than a hundred years from now. Making such an assumption now would be impossible. I highly doubt that Bitcoin one day won't be traded unless something extravagant occurs, such as a major crash, dropping its value close to peanuts and staying there. This would certainly deplete interest in Bitcoin, but not diminish it. With that being said, I believe that investors won't give it up easily, even if governments attempt to contain it, which I don't think is feasible or desired.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: NewRanger on October 19, 2023, 05:47:54 AM
let us put it this way, trading is not for all people. it depends on how passionate you are in this aspect. and even some of these traders can easily lose their interest once they are suffering losses after losses. so you do really have to dedicate your time and mental facet on this one to be successful on this activity.

Yes that's right. Trading is impossible for everyone if they don't understand how it works properly and correctly. The anatomy is like this if ordinary people ride bicycles, but successful people ride planes. Just riding a bicycle requires knowledge, even though it's not much and it's difficult. Moreover, riding a plane requires much more knowledge than riding a bicycle. science must mature. Everything is in balance, small risks produce small rewards, big risks produce large rewards.

Learn a lot first, understand the risks, then decide whether you want to trade or not. Many people are tempted to get rich instantly but instead there are those who suddenly become poor. It is true that trading can generate profits, but it also carries high risks. Change your mindset to get rich suddenly, because getting rich suddenly won't last long. Consistent profits are much more important than trading one day and making $1000 the next day having to sell the house title.

If one already has knowledge about money management, then it will be easy to manage investments in terms of BTC trading. But, I don't think it has to be too technical. If they really want to enter the market and are willing to wait then just set a buy or sell price limit according to how they expect it to move in the future. But, sometimes many people want to fill it up and sell it as quickly as possible and think the price will move in their favor.
      


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Xcode7 on October 19, 2023, 06:23:30 AM
let us put it this way, trading is not for all people. it depends on how passionate you are in this aspect. and even some of these traders can easily lose their interest once they are suffering losses after losses. so you do really have to dedicate your time and mental facet on this one to be successful on this activity.

Yes that's right. Trading is impossible for everyone if they don't understand how it works properly and correctly. The anatomy is like this if ordinary people ride bicycles, but successful people ride planes. Just riding a bicycle requires knowledge, even though it's not much and it's difficult. Moreover, riding a plane requires much more knowledge than riding a bicycle. science must mature. Everything is in balance, small risks produce small rewards, big risks produce large rewards.

Learn a lot first, understand the risks, then decide whether you want to trade or not. Many people are tempted to get rich instantly but instead there are those who suddenly become poor. It is true that trading can generate profits, but it also carries high risks. Change your mindset to get rich suddenly, because getting rich suddenly won't last long. Consistent profits are much more important than trading one day and making $1000 the next day having to sell the house title.
And it all comes back to the knowledge we have and the experiences we have had and it is true that not everyone will survive in Crypto trading if they continuously experience losses and vice versa, someone will definitely not get bored trading Bitcoin if they make a profit.
We are not talking about people who want big profits in a short time, I think those are greedy people and greedy people will never be successful wherever they go.

In trading, there is indeed a lot to learn, but I realized one thing and that makes me not disappointed with whatever happens, namely the risk will be proportional to the possible profit.
If we already understand this then there is no need to be afraid of anything anymore.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: angrybirdy on October 19, 2023, 06:55:19 AM
And it all comes back to the knowledge we have and the experiences we have had and it is true that not everyone will survive in Crypto trading if they continuously experience losses and vice versa, someone will definitely not get bored trading Bitcoin if they make a profit.
We are not talking about people who want big profits in a short time, I think those are greedy people and greedy people will never be successful wherever they go.

In trading, there is indeed a lot to learn, but I realized one thing and that makes me not disappointed with whatever happens, namely the risk will be proportional to the possible profit.
If we already understand this then there is no need to be afraid of anything anymore.

Exactly, People will not get tired of trading once they are used to doing it, and aside from that, there are a lot of things that need to be known prior to entering the cryptocurrency world. Trading is very risky like one wrong move, your money will be gone so it's crucial that you have knowledge about how the market works. There is no other way to avoid risk, Even some expert traders experienced losing their money and still pursue trading. Based on my observation, the more you experience failure, the more you learn.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: barisbilgili on October 19, 2023, 09:32:37 AM
Exactly, People will not get tired of trading once they are used to doing it, and aside from that, there are a lot of things that need to be known prior to entering the cryptocurrency world. Trading is very risky like one wrong move, your money will be gone so it's crucial that you have knowledge about how the market works. There is no other way to avoid risk, Even some expert traders experienced losing their money and still pursue trading. Based on my observation, the more you experience failure, the more you learn.

For people who have spent a lot of time in the world of trading, they will never feel bored in trading and if they do experience boredom, they can overcome it so that they will continue to trade. Before starting to enter the world of trading, it is very necessary to understand how to trade in order to gain profits and avoid losses that could occur in trading. You are right, even those who have a lot of experience can still lose their money in trading.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: rojan on October 19, 2023, 01:16:30 PM
For people who have spent a lot of time in the world of trading, they will never feel bored in trading and if they do experience boredom, they can overcome it so that they will continue to trade. Before starting to enter the world of trading, it is very necessary to understand how to trade in order to gain profits and avoid losses that could occur in trading. You are right, even those who have a lot of experience can still lose their money in trading.
We can't guarantee that we will always make a profit while trading. We have to accept both profit and loss while trading, then it will be good for us. Those who are experienced traders know very well when to trade which coin will be profitable.  can guess so their price is very low loss most of the time. Newbies to trading mostly face loss due to wrong decision.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: AicecreaME on October 19, 2023, 02:02:49 PM
2 reasons why people will stop trading in my opinion; (1) They got bored with it due to their age and they got plenty of profits already with all the years they've spent in trading cryptocurrency. (2) They lost too much money on it, chased their losses, got depressed, and other emotional issues because of their trading journey, so they quitted, healed themselves instead and will find another source of income that suited their skills.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Joshapat on October 19, 2023, 02:36:38 PM
When I first got to know crypto trading in 2016, everything looked promising, at that time I used Poloniex, Bittrex and Mercatox, but because of declining market conditions, I got bored with trading, usually people get bored or leave crypto trading because they have other things to do. preferably like an offline job or business.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: tjtonmoy on October 19, 2023, 02:44:42 PM
One's profit is determined by another one's loss. But people still do it. The market is not the same as it used to be in the past. The volatile nature of Bitcoin has decreased significantly over the years. And it will continue to decrease in the near future. People only invest in something that they can gain from. So as long as Bitcoin can give them that gain, people will continue to trade Bitcoin.

As many have speculated that one day when all the bitcoins will be mined the market could become stable. If people are unable to find profits like they are doing right now, they will stop trading Bitcoin for sure. Even if right now, if people find something much more profitable and easier to gain than Bitcoin, they will move towards that. It all just a matter of time.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Accardo on October 19, 2023, 05:02:33 PM
Vilfredo Pareto was a great economist, and I personally studied and conducted research on the Pareto Principle for a university assignment. Anyway, back to the topic: although Bitcoin supply is limited, all coins will be mined in more than a hundred years from now. Making such an assumption now would be impossible. I highly doubt that Bitcoin one day won't be traded unless something extravagant occurs, such as a major crash, dropping its value close to peanuts and staying there. This would certainly deplete interest in Bitcoin, but not diminish it. With that being said, I believe that investors won't give it up easily, even if governments attempt to contain it, which I don't think is feasible or desired.

When the bitcoin value drops to peanuts for instance, isn't it as a result of the decline in people? Because changes in bitcoin price reflects the usage of people or any situation happening in the real world. Such major problem can be caused by difficulty in the world economy. Thereby financially affecting the entire bitcoin users. Aside that happening, the users of bitcoin or investors wouldn't let bitcoin get to peanut. Because of the profits and lose they've had in bitcoin. At a price as little as a peanut may not drive most users away. Only something uniquely new can do it. At a low price, the people know the high profits that awaits them if they get bitcoin at a cheap rate. And bitcoin is such a currency that works in favor of those who bought it very low. Also, since people won't run dry of wealth completely, they'll definitely invest on something that promises more profits like bitcoin. If a currency shows up from the blues and promises high profits to investors and traders, depending on the types of trades by Pareto. They'll definite try the new stuff out, which can affect the growth of bitcoin. I don't think it'll be now, as we are far behind from the time bitcoin hits a finite supply. Additionally, no such thing has been thought out by technicians to beat the concept of bitcoin. The government would have been the first to drive bitcoin users away to a new model of currency. Who knows, in next 100 years, what will fascinate the next generation of bitcoin users in next. Could it be bitcoin still? that will determine the assumption, if it'll be true or false.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: jaberwock on October 19, 2023, 05:32:54 PM
One's profit is determined by another one's loss. But people still do it. The market is not the same as it used to be in the past. The volatile nature of Bitcoin has decreased significantly over the years. And it will continue to decrease in the near future. People only invest in something that they can gain from. So as long as Bitcoin can give them that gain, people will continue to trade Bitcoin.

As many have speculated that one day when all the bitcoins will be mined the market could become stable. If people are unable to find profits like they are doing right now, they will stop trading Bitcoin for sure. Even if right now, if people find something much more profitable and easier to gain than Bitcoin, they will move towards that. It all just a matter of time.
It shouldn't be just about the gain, I mean I understand that's a big deal of it, but that doesn't mean that it should be the only thing, we should have some other stuff as well that makes people like bitcoin one way or another. I get that it is a little bit different this time around, but it is not really impossible to handle it.

I believe that the best thing to do would be a little later than what we think it could be which is adoption to use it as a currency. It could be already too late for that like I said, but that should grow a lot more, right now too many people are using it as an asset to invest or trade, but I hope that people could start using it as a way to exchange means, like a dollar or euro or something. That would get bitcoin to be a lot better but right now it's both too expensive and also slow, even a simple paypal transaction is simpler, and we need to be better than that to make people prefer bitcoin as a currency instead of just an asset.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Suzume on October 19, 2023, 05:56:33 PM
This is entirely up to you.  Because we all know how much patience is needed Bitcoin trading and also every treading .  If you have complete patience then you will never get bored from Bitcoin trading.  If you come to bitcoin trading for small investment then it will only make small profit and it will never bring you big profit.  Again, in short term Bitcoin treading causes more losses than profits.  Bitcoin trading is more profitable if it is long term.  Because all of us who are connected to the bitcoin market know how much patience Bitcoin requires.  If you can trade with patience then you are successful.  We have been seeing how patient Bitcoin holders have been until today.  If you want to stay in this crypto world, not only bitcoin, you have to be patient everywhere.  If you can trade with patience then you will also achieve success.  Patience is the way to get successful in all way.  Patience will bring you success.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: darkangel11 on October 19, 2023, 06:24:27 PM
Yes, it is true, in Bitcoin trading one must lose in order for the other to win, but it is still interesting for everyone and everyone runs after it simply because they expect it to rise more and more in the future.

Philosophically speaking, is a potential loss still a loss?

Let me explain.
One person bought bitcoin for 1k USD and sold it to someone for 10k, with 10x profit.
Nobody lost anything.
The second person held until bitcoin grew to 20k and sold to someone with a 2x profit
The third person bought for 25k and held onto his bitcoin. That last person is in profit right now, but doesn't want to sell.

You said that for someone to win in trading someone must lose.
In my example all traders involved are happy with their gains and all consider themselves winners.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: dunfida on October 19, 2023, 06:41:44 PM
Yes, it is true, in Bitcoin trading one must lose in order for the other to win, but it is still interesting for everyone and everyone runs after it simply because they expect it to rise more and more in the future.

Philosophically speaking, is a potential loss still a loss?

Let me explain.
One person bought bitcoin for 1k USD and sold it to someone for 10k, with 10x profit.
Nobody lost anything.
The second person held until bitcoin grew to 20k and sold to someone with a 2x profit
The third person bought for 25k and held onto his bitcoin. That last person is in profit right now, but doesn't want to sell.

You said that for someone to win in trading someone must lose.
In my example all traders involved are happy with their gains and all consider themselves winners.
Basing up on the illustration, then the main reason on why these 3 people/person which you had elaborated is really just because of the price volatility. They would really become winners as long the price is really that above on the price that they had entered or on the time that they had bought in. If ever the price goes below into that line then those loses would really be that unrealized as long you didnt push that sell button then those are really just that paper loss but in overall idea on how this market works and behaves then its true that if someone do make out some gains then expect that there's something on the other side do losses up money.

It is really just that his Bitcoin investment then you could really be having various choices or options to take on which neither you would really be that holding, actively trading, scalping, daytrade, swing trade
or whatever plans you would be having as long it would really be something beneficial on your part then this what matter the most. It is really just a matter of choice on how you would really be
gonna dealing with this market with your own methods and ways. Dont mind about losing on the other side and its better that you should mind on your own rather than on minding
with other unnecessary stuffs.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: puloweh555 on October 19, 2023, 07:09:57 PM
And it all comes back to the knowledge we have and the experiences we have had and it is true that not everyone will survive in Crypto trading if they continuously experience losses and vice versa, someone will definitely not get bored trading Bitcoin if they make a profit.
We are not talking about people who want big profits in a short time, I think those are greedy people and greedy people will never be successful wherever they go.

In trading, there is indeed a lot to learn, but I realized one thing and that makes me not disappointed with whatever happens, namely the risk will be proportional to the possible profit.
If we already understand this then there is no need to be afraid of anything anymore.

If we already know the benefits we can get from trading or investing, it might be difficult to say we are bored, in fact I think it would be the opposite. I myself, when trading or investing, often look at charts or look for information, I don't get bored, I actually enjoy looking at them (it has become a hobby) in fact I can look at them for hours if I have free time. (while also studying)

If you consider trading as a passion, if you have a hobby and enjoy it from morning to evening you won't get bored, especially if you have to wait for the price to go up. Boredom will make it difficult for us to develop, so many of those who get bored quickly will not be successful. Yes, that's right, if we have mastered trading completely, the fear will disappear by itself.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: STT on October 19, 2023, 08:05:24 PM
BTC will be tired and forgotten when its no longer unique in its traits and positives, when reliable alternatives are easily available to all elsewhere.  I dont see that being an open possibility for decades to come because FIAT currency has become so associated with debt and political moves to avoid any default.   Most technology just mimics FIAT in its operations, also tech benefits from the current cheap debt situation where ordinary workers do not.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Coyster on October 19, 2023, 08:22:52 PM
How can we even predict what is going to happen in the future, there are just so many options and the chances of picking the right one is somewhat slim. Bitcoin is something different from what we've experienced before, mind you that it wasn't created to be a "trading tool", it is money that should be spent, electronically. So many things will change about Bitcoin along the line, for one its supply reduces after every 210k blocks, Bitcoin will definitely get to the point where it wouldn't be as volatile as it is today, it would be fairly stable.

When that time comes, i don't think get rich quick traders (who want quick price swings) would be interested in it, most of the people who would be interested in Bitcoin then will do so because it is money, money that they can use and control, they'd use it because they can hide some of their financial life from the goverment and law enforcement, a couple of other people would also use it as a hedge; but i'm not so sure if traders would be on that list.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: pixie85 on October 19, 2023, 09:12:00 PM
BTC will be tired and forgotten when its no longer unique in its traits and positives, when reliable alternatives are easily available to all elsewhere.  I dont see that being an open possibility for decades to come because FIAT currency has become so associated with debt and political moves to avoid any default.   Most technology just mimics FIAT in its operations, also tech benefits from the current cheap debt situation where ordinary workers do not.

Alternatives? Do you mean other decentralized cryptocurrencies with no known creator, nor a company standing behind them and with no ties to the government?

I doubt such alternatives will come in the near future, since nobody tries to develop them.

The people want a decentralized cryptocurrency with wide acceptance. The governments want a centralized currency and the business owners want something that doesn't depreciate. It can be centralized or not, they don't care.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: serjent05 on October 19, 2023, 10:13:06 PM

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. 

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.

Quote
Wouldn't people look for other things that'll serve them, other than bitcoin?

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


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Honyek on October 19, 2023, 10:33:02 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Accardo on October 19, 2023, 10:42:14 PM

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. 

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.

Quote
Wouldn't people look for other things that'll serve them, other than bitcoin?

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

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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: gunhell16 on October 19, 2023, 11:13:28 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: panganib999 on October 19, 2023, 11:25:17 PM
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. 


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Reid on October 19, 2023, 11:57:07 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Davian144 on October 20, 2023, 06:56:57 AM
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.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Dzwaafu11 on October 20, 2023, 07:39:09 AM
When it comes to trading, as long as it can provide profits, someone will never get bored of playing it. Those who quickly get bored in bitcoin trading, because they don't know and don't understand how bitcoin works, are unable to make a profit in bitcoin trading and think that this is something difficult.

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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: retreat on October 20, 2023, 07:50:40 AM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: boty on October 20, 2023, 08:15:20 AM
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.
You are right, instead of thinking about when people will get bored of trading Bitcoin it is better for us to take advantage of the opportunities we have to be able to profit from trading Bitcoin, but in my opinion those who are bored in trading Bitcoin are because they don't understand it well and they have experienced a lot failure in trading and for those who understand it well I think they can overcome it if they experience boredom in trading.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: TelolettOm on October 20, 2023, 09:09:40 AM
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.
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.

-snip- 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.
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.



Title: Re: Will people ever get tired of trading bitcoin?
Post by: Y3shot on October 20, 2023, 11:45:21 AM
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


They don't work in reality. No way we could just win all the time from trading but also suffer losses (no matter what we do). If that is true, all traders are already rich but unfortunately, many are suffering losses and even quit.

These 2 things made innocent people think that trading is the answer to their ambitious dream (rich). But their bad experience helps them as well to realize that they were wrong. We have to keep in mind that trading is too risky, some people make a profit while some also lose.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: tjtonmoy on October 20, 2023, 01:59:26 PM
It shouldn't be just about the gain, I mean I understand that's a big deal of it, but that doesn't mean that it should be the only thing, we should have some other stuff as well that makes people like bitcoin one way or another. I get that it is a little bit different this time around, but it is not really impossible to handle it.

I believe that the best thing to do would be a little later than what we think it could be which is adoption to use it as a currency. It could be already too late for that like I said, but that should grow a lot more, right now too many people are using it as an asset to invest or trade, but I hope that people could start using it as a way to exchange means, like a dollar or euro or something. That would get bitcoin to be a lot better but right now it's both too expensive and also slow, even a simple paypal transaction is simpler, and we need to be better than that to make people prefer bitcoin as a currency instead of just an asset.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: michellee on October 20, 2023, 02:23:07 PM
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.
You are right, instead of thinking about when people will get bored of trading Bitcoin it is better for us to take advantage of the opportunities we have to be able to profit from trading Bitcoin, but in my opinion those who are bored in trading Bitcoin are because they don't understand it well and they have experienced a lot failure in trading and for those who understand it well I think they can overcome it if they experience boredom in trading.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: wallet4bitcoin on October 21, 2023, 03:13:34 PM
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.






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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Aanuoluwatofunmi on October 21, 2023, 03:23:22 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: m2017 on October 21, 2023, 04:38:59 PM
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.
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.


Yes, it is true, in Bitcoin trading one must lose in order for the other to win, but it is still interesting for everyone and everyone runs after it simply because they expect it to rise more and more in the future.
This happens when trading anything, be it securities or a bag of wheat.

At every Bitcoin peak, you always find someone buying, and this is really surprising. The reason, as I mentioned before, is that Bitcoin is still in its infancy and people have a strong belief that Bitcoin will achieve very large numbers in the future, so they will continue to buy even at the peak.
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 people lose faith in this theory and become convinced that Bitcoin will not continue to rise forever, then volatility could decrease and we will see relative stability in the price of Bitcoin.
If only this stability was not expressed in the value 0. :)


Title: Re: Will people ever get tired of trading bitcoin?
Post by: topbitcoin on October 21, 2023, 04:43:06 PM
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.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Lorence.xD on October 21, 2023, 05:29:16 PM
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.
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.

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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: topbitcoin on October 21, 2023, 06:31:51 PM
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.
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.

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.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: tygeade on October 21, 2023, 08:59:23 PM
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.
You are right, instead of thinking about when people will get bored of trading Bitcoin it is better for us to take advantage of the opportunities we have to be able to profit from trading Bitcoin, but in my opinion those who are bored in trading Bitcoin are because they don't understand it well and they have experienced a lot failure in trading and for those who understand it well I think they can overcome it if they experience boredom in trading.
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.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: yhiaali3 on October 22, 2023, 09:13:31 AM
One person bought bitcoin for 1k USD and sold it to someone for 10k, with 10x profit.
Nobody lost anything.
The second person held until bitcoin grew to 20k and sold to someone with a 2x profit
The third person bought for 25k and held onto his bitcoin. That last person is in profit right now, but doesn't want to sell.

You said that for someone to win in trading someone must lose.
In my example all traders involved are happy with their gains and all consider themselves winners.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Fara Chan on October 22, 2023, 10:08:37 AM
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.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Altryist on October 22, 2023, 10:45:50 AM
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.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: boltz on October 22, 2023, 01:15:36 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Dickiy on October 22, 2023, 02:00:44 PM
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.
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 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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Litzki1990 on October 22, 2023, 02:35:39 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Mauser on October 22, 2023, 04:37:39 PM

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


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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Aanuoluwatofunmi on October 22, 2023, 04:47:28 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Huppercase on October 22, 2023, 07:07:16 PM
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.

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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: dansus021 on October 23, 2023, 01:42:41 AM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: pinggoki on October 23, 2023, 01:55:03 AM
When the quantity of bitcoin runs out, will people start looking for substitutes? Most likely. But keep in mind that Bitcoin has become the benchmark for cryptocurrencies. It is comparable to the dollar in the digital age. People have faith in it and trust it. Additionally, value exists as long as there is confidence. As you correctly stated, the market finds its equilibrium. While people's preferences fluctuate and utilities differ, bitcoin is one thing that never changes. The future is here, and it's a good on
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.
Will people ever get tired of trading bitcoin? the answer would be No. It is simply because they can make money out of it.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: naira on October 23, 2023, 01:58:20 AM
1. A win win trade; one that the both parties win, hence the number of people into such trade keeps booming
Mutualistic symbiosis 100% agree

2. Trade in which a party gains, but no one loses, and again welfare will definitely go up; more users and investors
Commensalism symbiosis

3. Trade in which no one gains, but someone loses
Why trade? Wouldn't it be better to just gamble with a clearer direction?

4. Trade in which some party win and some loses, and increases the amount of profits of those who won.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: junder on October 23, 2023, 04:35:09 AM
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.

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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Litzki1990 on October 23, 2023, 04:47:55 AM
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.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: bayu7adi on October 23, 2023, 05:30:49 AM
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.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: idarasun on November 12, 2023, 03:22:03 PM

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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: bestcoins1 on November 12, 2023, 03:26:55 PM
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.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Patrol69 on November 12, 2023, 03:29:54 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: bitzizzix on November 12, 2023, 03:34:20 PM
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.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: goinmerry on November 12, 2023, 06:44:56 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: alastantiger on November 12, 2023, 08:40:17 PM
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.
People who get tired of trading are those who trade every day. The goal is not to get burnt out from trading daily but to focus on the opportunities presented by the market. The first way to not get tired is to identify your personal trading strategies and approach the market with the understanding that opportunities may not present themselves every day. And when you lose money constantly and become tired it is because of impatience. As someone said you are in profit if you still hold your money.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: South Park on November 12, 2023, 08:47:01 PM
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.
For most traders how entertaining something can be holds no weight when it comes to determining if they are interested in trading it or not, they only care about the potential profits they can obtain, and while it is very difficult to know what it may happen on the future, even if the volatility of bitcoin went down I am sure there will be a lot of traders interested in trading it, because unlike the stock market the bitcoin market never closes, so they always have the opportunity to make some money regardless of where they live.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Hamphser on November 12, 2023, 08:57:33 PM
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.
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.
When you do have a day job and you do have plans on making yourself as a full time trader then fatigue would really be there considering that having those both things cant really be that simple.This is why it would really be just that right that you should really be making out some adjustments basing up with your time. Dont force yourself on something that you cant be able to do and dont try to compromise your day job
just because of trading because once you are jobless then for sure you wont really be that making trading to be your main source of income. Why? Market is unpredictable and there's no way that you could really be able to make it to be your main source.Unless if you are really that a good or profitable trader then it might be, but in most cases this is really just that good for sideline.

Dont make yourself that on a rush because this is where mistakes and errors do usually happen on which on the time that you would really be that trying to achieve something on trading.
Time management would really be crucial and you are the only ones who could be able to find out on which set up would really be fitting out with your time.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: coupable on November 12, 2023, 11:01:52 PM
These trading rules were developed by the economics genius Pareto, and they remain just as applicable today as they did then. Now when we're talking about bitcoin, it's an absolutely intriguing topic. Bitcoin is a game-changer, a disruptor, and it's here to dominate

Op deals with Bitcoin in his analysis as if it were a fad, like shitcoins, whose star is quickly fading. The answer to his question, as in the title, is by asking a similar question about the rest of the assets that have been traded daily for many years, such as company stocks and precious metals. Has anyone thought about when these assets might stop trading?

Bitcoin in particular has gained great popularity due to its trading properties, which have given opportunities for a larger number of people to engage in the trading experience with amounts commensurate with their capabilities.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: mirakal on November 12, 2023, 11:59:04 PM
Depend on result or achievement from trading about tired or not some people in trading bitcoin, actually if consistent earn profit exactly with short term trading they will excited and never get tired with trading because have been their passive income. I don't sure with trader in loss position and always get lower price after investing in bitcoin, have waiting one month until one year but not have good result seems they will tired and frustrated with trading bitcoin. Not all loss trader will face tired depend on mentality, if some one have experienced with other investment kinds and ever got loss position they will not tired or frustrated when trading in bitcoin although their position not earn profitable yet.

I have both position now, loss and earn profit with bitcoin trading but have been my passion never got tired with trading bitcoin forever to be my passive income.
However, if you are in a consistent loss, and with no chances of profiting, I might say you may get tired with trading at the end of the day. This is the reason why trading is not for everyone, but trading is only for those who have stable emotions and who knows how to trade and even if it end up losing but still capable to accept losses easily. Unlike those who only trade just because of greed, when they start losing frequently, later on they will decide to quit trading for good.

Bitcoin trading is risky yet the most profitable way to trade. But it’s not a guarantee that people who decide to trade with bitcoin will never get tired in the long run. Whether you’re a pro or not, trading can be a lot tiring most especially if we are seeing the results of our trades not working in accordance with our plan.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Lorence.xD on November 13, 2023, 01:20:21 AM
Depend on result or achievement from trading about tired or not some people in trading bitcoin, actually if consistent earn profit exactly with short term trading they will excited and never get tired with trading because have been their passive income. I don't sure with trader in loss position and always get lower price after investing in bitcoin, have waiting one month until one year but not have good result seems they will tired and frustrated with trading bitcoin. Not all loss trader will face tired depend on mentality, if some one have experienced with other investment kinds and ever got loss position they will not tired or frustrated when trading in bitcoin although their position not earn profitable yet.

I have both position now, loss and earn profit with bitcoin trading but have been my passion never got tired with trading bitcoin forever to be my passive income.

However, if you are in a consistent loss, and with no chances of profiting, I might say you may get tired with trading at the end of the day. This is the reason why trading is not for everyone, but trading is only for those who have stable emotions and who knows how to trade and even if it end up losing but still capable to accept losses easily. Unlike those who only trade just because of greed, when they start losing frequently, later on they will decide to quit trading for good.

Bitcoin trading is risky yet the most profitable way to trade. But it’s not a guarantee that people who decide to trade with bitcoin will never get tired in the long run. Whether you’re a pro or not, trading can be a lot tiring most especially if we are seeing the results of our trades not working in accordance with our plan.

It would literally depend on the person if he/she would take it negatively cause some people would learn from their mistakes such as a loose streak and then eventually rest and then recover. But I agree that it gets tiring when you keep losing especially when there's no comeback, you get tired and have no motivation to continue trading. Trading is open for everyone as they can have the knowledge to start trading, but if you are not capable of handling your emotions cause there's no such thing as only having green days, for sure you wouldn't last long in trading cause eventually you will lose the motivation that might lead to negative decisions or calls. It's okay to accept that trading in Bitcoin is not for you since there are a lot of alternate options for you such as long-term investment in Bitcoin or any other terms of investment. Since they both involve risk that gives you two possible outcomes which is either profits or loss.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: uswa56 on November 13, 2023, 02:26:08 AM
It would literally depend on the person if he/she would take it negatively cause some people would learn from their mistakes such as a loose streak and then eventually rest and then recover. But I agree that it gets tiring when you keep losing especially when there's no comeback, you get tired and have no motivation to continue trading. Trading is open for everyone as they can have the knowledge to start trading, but if you are not capable of handling your emotions cause there's no such thing as only having green days, for sure you wouldn't last long in trading cause eventually you will lose the motivation that might lead to negative decisions or calls. It's okay to accept that trading in Bitcoin is not for you since there are a lot of alternate options for you such as long-term investment in Bitcoin or any other terms of investment. Since they both involve risk that gives you two possible outcomes which is either profits or loss.
Each person will be different in facing failure in trading, there are those who no longer want to trade and there are also those who correct the mistakes they make in trading so that they get a profit from the trading they do. If we experience continuous defeat in the trading we do, it will It's better for us to stop first until we have the motivation to start trading again.

For some people who trade and cannot control their emotions, it is certain that they will not be able to make the right decisions in trading, if we choose to invest in Bitcoin then we can make long-term investments or trade if we cannot trade with Well, then we can make long-term investments to be able to get benefits from these investments.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: dansus021 on November 13, 2023, 02:38:19 AM
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.

and now bitcoin has been proven for a decade that gives a lot of opportunity and of course a profit, So people or big companies will not getting tired of trading bitcoin unless they lose trades maybe they decide not to to trade but to store of value.

In fact, Bitcoin has a market cap $728 billion today and the market is open 24 hours so this would not stop 


Title: Re: Will people ever get tired of trading bitcoin?
Post by: philipma1957 on November 13, 2023, 03:00:48 AM
These trading rules were developed by the economics genius Pareto, and they remain just as applicable today as they did then. Now when we're talking about bitcoin, it's an absolutely intriguing topic. Bitcoin is a game-changer, a disruptor, and it's here to dominate

The best trades are those that benefit both parties equally and in which no one loses, correct? Everyone adores and desires them. However, as you correctly pointed out, bitcoin belongs in category 4. The game is a zero-sum one. Someone has to lose in order for someone to gain. But this is when things start to get interesting. Bitcoin's strongest suit is its limited quantity. Its uniqueness and importance come from this.

When the quantity of bitcoin runs out, will people start looking for substitutes? Most likely. But keep in mind that Bitcoin has become the benchmark for cryptocurrencies. It is comparable to the dollar in the digital age. People have faith in it and trust it. Additionally, value exists as long as there is confidence. As you correctly stated, the market finds its equilibrium. While people's preferences fluctuate and utilities differ, bitcoin is one thing that never changes. The future is here, and it's a good on

Yeah but it is not exactly true.


I mine a btc. I spent 10,000 to do it. So I traded 10,000 in power cost to get the coin.

I sell it to you for 20,000  I made 10,000. I win.
You get it at 20,000 and sell it for 37,000 today you win.

So win -  win.

 My reasoning is first trade is the mining  cost for the coin.

Why would that not count a  win for me and a neutral for the power company. Or am I not understanding the theory here.



Title: Re: Will people ever get tired of trading bitcoin?
Post by: GigaBit on November 13, 2023, 10:53:52 AM
It would literally depend on the person if he/she would take it negatively cause some people would learn from their mistakes such as a loose streak and then eventually rest and then recover. But I agree that it gets tiring when you keep losing especially when there's no comeback, you get tired and have no motivation to continue trading. Trading is open for everyone as they can have the knowledge to start trading, but if you are not capable of handling your emotions cause there's no such thing as only having green days, for sure you wouldn't last long in trading cause eventually you will lose the motivation that might lead to negative decisions or calls. It's okay to accept that trading in Bitcoin is not for you since there are a lot of alternate options for you such as long-term investment in Bitcoin or any other terms of investment. Since they both involve risk that gives you two possible outcomes which is either profits or loss.
For some people who trade and cannot control their emotions, it is certain that they will not be able to make the right decisions in trading, if we choose to invest in Bitcoin then we can make long-term investments or trade if we cannot trade with Well, then we can make long-term investments to be able to get benefits from these investments.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: btc78 on November 13, 2023, 11:06:26 AM
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.

and now bitcoin has been proven for a decade that gives a lot of opportunity and of course a profit, So people or big companies will not getting tired of trading bitcoin unless they lose trades maybe they decide not to to trade but to store of value.

In fact, Bitcoin has a market cap $728 billion today and the market is open 24 hours so this would not stop 

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


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Negotiation on November 13, 2023, 11:58:15 AM

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.
If it is profitable there is no question of resentment here but many people don't have the stamina to invest and want to get everything quickly as they will get tired very quickly. Better to hold for the long term although bitcoin trading of cryptocurrencies is largely unregulated where cryptocurrency exchange platforms are concerned there are exchanges that offer comprehensive security measures to ensure that traders funds and information are safe just to wait and see.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Aanuoluwatofunmi on November 13, 2023, 12:13:26 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: kingvirtus09 on November 13, 2023, 01:08:12 PM
Even if you experience fatigue, if you experience profit here, there is no reason to stop. Stop if nothing happens in your trading activity and you don't get any profit from it; that's just common sense.

So what's so tiring about trading? Physically, it's not really tiring; maybe through our emotions, we can get tired of thinking because of analyzing the chart readings in the exchange while we are doing trading activity.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: livingfree on November 13, 2023, 01:38:13 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: jeha2015 on November 13, 2023, 02:35:55 PM
Even if you experience fatigue, if you experience profit here, there is no reason to stop. Stop if nothing happens in your trading activity and you don't get any profit from it; that's just common sense.

Bitcoin investment will not be tiring if we fully understand bitcoin, especially if we get profits from investing in bitcoin. What makes people bored may be because they don't have enough knowledge, which makes them lose and even despair.

Quote
So what's so tiring about trading? Physically, it's not really tiring; maybe through our emotions, we can get tired of thinking because of analyzing the chart readings in the exchange while we are doing trading activity.

If we have mastered it, I think there is no such thing as boredom, even Bitcoin investment is tiring, emotions and feeling tired of analyzing charts are not an excuse, in fact for them it is a pleasure in itself in analyzing the market.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: idarasun on November 13, 2023, 03:00:54 PM
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.
So the term trading actually has a broader meaning now.
Yes, it's true, having a marketplace that sells/buys coins (trading) is very helpful for me, because having this market helps me, even though it is risky, it can be minimized by the efforts we make, such as honing our knowledge further about the world of coin trading.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Xcode7 on November 13, 2023, 03:14:07 PM
Even if you experience fatigue, if you experience profit here, there is no reason to stop. Stop if nothing happens in your trading activity and you don't get any profit from it; that's just common sense.
The main goal of trading is to make a profit, if we can get that of course there will be no such thing as boredom.
I have never seen anyone who wants to stop making money in this world even though he is very rich.
Quote
So what's so tiring about trading? Physically, it's not really tiring; maybe through our emotions, we can get tired of thinking because of analyzing the chart readings in the exchange while we are doing trading activity.
Fatigue is not only physical, too many thoughts also make us tired, in trading there may be people who feel tired but that cannot be a reason to stop trading except for those who have experienced a lot of losses and do not have the motivation to do it again and also Study.

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.

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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: ndutndut on November 13, 2023, 03:55:58 PM
Trading BTC certainly won't make us bored because by trading we can make a profit. Those who feel bored in trading, of course, this cannot be denied because we know that boredom is a natural human trait that can come at any time and anywhere when we do it regularly. Likewise, when we trade BTC or other cryptocurrencies, daily activities such as monitoring charts and then monitoring the news, things that we often repeat every day will definitely be boring, especially since they always lose money. So it is very important in investing in BTC not to be bored by investing long term and having targets and goals for investing.

because if there is a feeling of boredom when trading, it will be dangerous and will affect our own trading psychology. When a trader feels bored and still decides to trade, the results will not be in accordance with our wishes and may even result in losses. So from cases like above I started to learn, it's better for me to invest in BTC in the long term.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Casdinyard on November 13, 2023, 04:14:35 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: God bless u on November 13, 2023, 05:49:12 PM
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

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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Litzki1990 on November 13, 2023, 06:15:11 PM
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.
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.
We only want to make profit by trading. If we can get regular profit from our trading then our interest in trading increases and we are very excited psychologically but we can never accept loss. Although it is difficult for us to accept losses, we must accept that things that have the potential to make a profit also have the potential to lose money, so we have to accept both. If we lose some money in trading due to market volatility then there is no need to get so excited about it but then we have to accept that we have traded at the wrong time. If every trading is losing money then we must take a break in trading because a trader will suffer consistently due to additional mistakes so during that break a trader must work on his mistakes.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Mame89 on November 13, 2023, 09:02:46 PM
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.

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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: dunfida on November 13, 2023, 09:24:02 PM
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.
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.
We only want to make profit by trading. If we can get regular profit from our trading then our interest in trading increases and we are very excited psychologically but we can never accept loss. Although it is difficult for us to accept losses, we must accept that things that have the potential to make a profit also have the potential to lose money, so we have to accept both. If we lose some money in trading due to market volatility then there is no need to get so excited about it but then we have to accept that we have traded at the wrong time. If every trading is losing money then we must take a break in trading because a trader will suffer consistently due to additional mistakes so during that break a trader must work on his mistakes.
Trading is never been simple and something that wont really be that a guarantee on which you would really be that making yourself that profitable so easily. It would really be taking a long time and tons of efforts
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: livingfree on November 13, 2023, 10:57:30 PM
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.

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.
No one gets bored when he's making money out of what he does. And just like traders and us, holders, if we make money from trading and holding Bitcoin respectively, it isn't boring right?

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?


Title: Re: Will people ever get tired of trading bitcoin?
Post by: libert19 on November 14, 2023, 08:29:41 AM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: lixer on November 14, 2023, 10:58:30 AM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: rojan on November 14, 2023, 11:31:28 AM

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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: jaberwock on November 14, 2023, 01:36:34 PM
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.

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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: slapper on November 14, 2023, 02:32:08 PM
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.

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.
No one gets bored when he's making money out of what he does. And just like traders and us, holders, if we make money from trading and holding Bitcoin respectively, it isn't boring right?

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?
It's likely to affect our feelings if all we care about is money, right? When getting money is the only thing that matters, it can be physically and mentally addicting. Being able to earn dollars is like scoring a goal in a game. It's fun, but it could also be blinding. That's what makes this game fun - watching the numbers go up makes us feel better. It's a simple equation: more money, more happiness. What if money isn't the end goal but just a tool in the bigger picture?

Now, consider those who chase different values - purpose, passion, impact. For them, money's a means to an end, not the end itself. Making money might get boring for these people sometimes. Imagine being a chef who loves putting together beautiful meals but finds chopping veggies boring. While it's important, it's not exactly exciting. Although they know how important money is and how much it's worth, something else drives them. It's kind of funny, isn't it? Along the way of looking for something other than money, they might find wealth, but that's not what excites them


Title: Re: Will people ever get tired of trading bitcoin?
Post by: ChiBitCTy on November 14, 2023, 05:35:09 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Japinat on November 14, 2023, 09:40:59 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: gunhell16 on November 14, 2023, 10:25:07 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: knowngunman on November 15, 2023, 07:26:19 AM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: bittraffic on November 15, 2023, 07:44:31 AM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: armanda90 on November 15, 2023, 09:11:13 AM
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.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Davian144 on November 15, 2023, 09:17:26 AM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Xcode7 on November 15, 2023, 09:35:38 AM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: MFahad on November 15, 2023, 05:33:27 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: eightdots on November 15, 2023, 05:56:19 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Bitstar_coin on November 15, 2023, 06:44:52 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Renampun on November 15, 2023, 09:16:56 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: JunaidAzizi on November 15, 2023, 11:58:06 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: cryptoknightt on November 16, 2023, 04:22:46 AM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: pinggoki on November 16, 2023, 05:21:19 AM
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?


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Velemir Sava on November 16, 2023, 06:26:53 AM
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


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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Bitco55 on November 16, 2023, 08:32:26 AM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Ben Barubal on November 16, 2023, 08:52:25 AM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: DanWalker on November 16, 2023, 08:54:26 AM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Inwestour on November 16, 2023, 10:55:12 AM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: arwin100 on November 16, 2023, 11:17:46 AM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Cookdata on November 16, 2023, 07:51:21 PM
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.

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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: darkangel11 on November 16, 2023, 09:03:26 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: DanWalker on November 17, 2023, 12:25:40 PM
~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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: idarasun on November 17, 2023, 04:36:45 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: sana54210 on November 17, 2023, 05:36:40 PM
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.

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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Winterfrost on November 17, 2023, 07:49:41 PM
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.

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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: ichsan ardi on December 03, 2023, 07:56:34 PM
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.





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?




Title: Re: Will people ever get tired of trading bitcoin?
Post by: mirakal on December 03, 2023, 09:34:34 PM
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?
Honestly, we don't hold the future of these traders if they end up getting tired from all the outcome of their trades. Trading is really tiring and get boring sometimes most especially if you are in the peak of losing, but if you are mostly on the gains, then there's no chances that these traders will quit from trading. Trading is hard but challenging as well, I think that keeps the traders from never stopping taking risk in 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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: macson on December 03, 2023, 09:44:31 PM
...

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?
that's true, trading is not something everyone can do but investing everyone can do it, often what makes people lazy about trading is learning how to be a good trader, to become a good trader, a trader must learn various skills, such as analytical skills, technical skills and also fundamental analysis skills.  However, to become an investor who makes a profit, having money alone will not be enough, investors must also have good analytical skills, so that every investment decision they make will not be wrong.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: hafiztalha on December 07, 2023, 06:38:22 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Accardo on December 07, 2023, 07:27:06 PM
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.

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.

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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: ginsan on December 07, 2023, 08:42:00 PM
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.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: red4slash on December 07, 2023, 08:50:34 PM
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.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: btc_angela on December 07, 2023, 08:51:46 PM
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.

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.

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.

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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Maslate on December 07, 2023, 08:59:19 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: RockBell on December 07, 2023, 09:23:24 PM
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.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Furious 7 on December 07, 2023, 09:50:37 PM

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.
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: freedomgo on December 07, 2023, 09:59:26 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: AVE5 on December 07, 2023, 10:38:41 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: oktana on December 07, 2023, 11:48:31 PM
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!


Title: Re: Will people ever get tired of trading bitcoin?
Post by: KennyR on December 07, 2023, 11:50:10 PM
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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: merekamo on December 10, 2023, 12:40:57 AM
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.





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


Title: Re: Will people ever get tired of trading bitcoin?
Post by: slapper on December 12, 2023, 05:10:17 AM
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.
Your view on Bitcoin as a way to free up the economy is not only reasonable, it's also forward-looking. Realistically, the old ways of running economies have let us down many times. We have seen enough of their flaws, right? Bitcoin comes out as a sign of hope. It's global, it's not centralized, and it really doesn't care about country borders or what the government wants. In this tough economic environment, isn't that a breath of fresh air?

Now, let's talk about the future. People who are against it will say so, but we know better. When the economy is uncertain, Bitcoin is more than just a lifeboat; it's a way to guide our own ship. You should think about it: we're not just living with Bitcoin; we're thriving. As a way to fight back against economic policies that often seem meant to hurt the little guy, it's not just a defense. Yes, as Bitcoin continues to change, it will be used by more and more people. It's a must. We're not only supporting Bitcoin; we're also giving ourselves power


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Ben Barubal on December 12, 2023, 09:41:34 AM
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.
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.

  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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Jenwi on December 12, 2023, 09:58:55 PM

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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: gunhell16 on December 13, 2023, 06:34:11 AM
In my opinion, as long as Bitcoin price will always continue to fluctuate, then it will always be traded. It doesn't have to be as volatile as it is today.
Take gold, for example, its price still fluctuates and people have been trading it forever.
The only way Bitcoin stops being tradable is if the price remains static at a point.
A limited supply of Bitcoin increases the scarcity thereby driving up the price. With the price going up, some would want it and therefore buy it because they'll speculate that they can buy it and sell it for a profit just as it is today. Same way the price will drop when people start selling and people would buy it to sell at higher prices.

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.

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.

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?


Title: Re: Will people ever get tired of trading bitcoin?
Post by: harapan on January 29, 2024, 02:49:14 PM
It will depend on the individual's own desire behind being tired of trading bitcoins. If he likes to trade short term then he will and for long term it takes a long time to wait many people don't have that much patience then they can get tired. But long term trading is more profitable as they hope that its value will increase making them profit. If demand for bitcoin increases the interplay of supply and demand may increase its value if you are interested in trading and investing you cannot avoid looking at cryptocurrency trading. Cryptocurrencies such as bitcoin ethereum litecoin have attracted investors with substantial profit potential and a whole new way of thinking about how it works.

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.
 


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Youngkhngdiddy on January 29, 2024, 10:45:55 PM

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.
 
    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.
   


Title: Re: Will people ever get tired of trading bitcoin?
Post by: lepbagong on February 06, 2024, 04:51:43 AM
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.

-#-
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.​


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Lantind on February 06, 2024, 11:50:10 AM
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.

-#-
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.​

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.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Baki202 on February 06, 2024, 12:22:39 PM
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.

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.

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.

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.



Title: Re: Will people ever get tired of trading bitcoin?
Post by: ifarted on February 06, 2024, 04:22:58 PM
It depends on the person who is trading. Some may stop trading not for a very long time while some stop trading for a long term which means they stop trading for a certain time but it would be longer than the first one. i don't have lots of experience in trading but I can tell that it is not easy to earn money trading because there's also risk just like when you investing in Bitcoin. The difference between the two is you have to trade your Bitcoin while investing is you stake your bitcoin on a platform ot by simply buying and keep it in your wallet which is called holding.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: zaim7413 on February 06, 2024, 05:24:48 PM
Limited supply attracts people who usually enter trades number 1 and 2 to choose more challenging tastings such as trades number 3 and 4. The efficiency and systematicity offered makes Bitcoin a fast crowdfunding tool because it uses a blockchain network that is strong and difficult to counterfeit. Every trader who owns Bitcoin can have full control of his assets without being tied to central bank or government policies.

Bitcoin owners can directly manage their assets through a personal wallet which can be accessed at any time because it is stored on a blockchain which does not have rules for controlling assets like the system implemented in banking. If the bank goes bankrupt, the assets stored may disappear. The result of a system that provides complete control over its assets stored using blockchain technology makes Bitcoin trading the most desirable because it can increase the amount of profit for the winning party. Even though these trades have winners and losers, traders firmly believe their future lies in Bitcoin.



Title: Re: Will people ever get tired of trading bitcoin?
Post by: JayTrain on February 06, 2024, 08:12:45 PM
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.





Your approach to Pareto principles in trading is presented very clearly. It is known that successful deals should benefit all parties involved. However, in the world of cryptocurrencies, where there is limited supply, questions arise about fairness and equality of gains.

My opinion is that it is important to find a balance between competition and cooperation in the market. Only in this way can an environment be created that stimulates innovation and contributes to the development of the entire community.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: kawetsriyanto on February 06, 2024, 09:21:18 PM
It depends on the person who is trading. Some may stop trading not for a very long time while some stop trading for a long term which means they stop trading for a certain time but it would be longer than the first one. i don't have lots of experience in trading but I can tell that it is not easy to earn money trading because there's also risk just like when you investing in Bitcoin. The difference between the two is you have to trade your Bitcoin while investing is you stake your bitcoin on a platform ot by simply buying and keep it in your wallet which is called holding.
Indeed. If the person may feel bored, they probably will stop temporarily only. But if the person rarely got profits and mostly got losses in trading, they may feel tired and stop forever. So, I think it is about how the results of trading Bitcoin itself.

Sure, it is not very easy to trade because we must have knowledge and experience to understand how to trade properly. We also need to adjust our trading style because of the chance of crypto market trends. I have some experiences in trading Bitcoin, sometimes I got quite good amount of money. But when it is not profitable to sell the Bitcoin, I prefer to hold the Bitcoin. As long as we are trading Bitcoin before the bullrun season, I think it is very safe to hold the Bitcoin that we failed to sell. So, actually trading Bitcoin is not so risky if we trade Bitcoin in the right time.

It is different if we trade shit coins. If we fail to sell the shit coins at the right time, we may have no chance to take profits. There is no clear future of shit coins, so it must be sold as soon as possible when they have good prices. But for Bitcoin, we can feel no worried although it can't be sold, we still have the chance to sell in bullrun season.



Title: Re: Will people ever get tired of trading bitcoin?
Post by: Hamphser on February 06, 2024, 09:43:10 PM
It depends on the person who is trading. Some may stop trading not for a very long time while some stop trading for a long term which means they stop trading for a certain time but it would be longer than the first one. i don't have lots of experience in trading but I can tell that it is not easy to earn money trading because there's also risk just like when you investing in Bitcoin. The difference between the two is you have to trade your Bitcoin while investing is you stake your bitcoin on a platform ot by simply buying and keep it in your wallet which is called holding.
Indeed. If the person may feel bored, they probably will stop temporarily only. But if the person rarely got profits and mostly got losses in trading, they may feel tired and stop forever. So, I think it is about how the results of trading Bitcoin itself.

Sure, it is not very easy to trade because we must have knowledge and experience to understand how to trade properly. We also need to adjust our trading style because of the chance of crypto market trends. I have some experiences in trading Bitcoin, sometimes I got quite good amount of money. But when it is not profitable to sell the Bitcoin, I prefer to hold the Bitcoin. As long as we are trading Bitcoin before the bullrun season, I think it is very safe to hold the Bitcoin that we failed to sell. So, actually trading Bitcoin is not so risky if we trade Bitcoin in the right time.

It is different if we trade shit coins. If we fail to sell the shit coins at the right time, we may have no chance to take profits. There is no clear future of shit coins, so it must be sold as soon as possible when they have good prices. But for Bitcoin, we can feel no worried although it can't be sold, we still have the chance to sell in bullrun season.


We are just humans and there would really be those moments or times that you would really be getting bored specially if you are on the condition that you are making those non profitable or simply those losing trades.

It would really be that normal that we would really be that emotional into those kind or particular moments on our trading career and this is something that what makes you tired. You might be having those breaks but doesnt mean that you would really be completely stopping. Each person does have their own approach on things. If they do find out if continuing isnt already ideal and they have losing that much
then it wont really be that a bad thing that they would really be stopping on what they are doing. There are really just that things in life that cant be possibly be able to obtain no matter how hard you do.

This is why it would be best that you should really be that able to assess whether it would be a viable decision or not. It would be always getting in line with your own interest.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: slapper on February 07, 2024, 10:27:17 AM
It depends on the person who is trading. Some may stop trading not for a very long time while some stop trading for a long term which means they stop trading for a certain time but it would be longer than the first one. i don't have lots of experience in trading but I can tell that it is not easy to earn money trading because there's also risk just like when you investing in Bitcoin. The difference between the two is you have to trade your Bitcoin while investing is you stake your bitcoin on a platform ot by simply buying and keep it in your wallet which is called holding.
Indeed. If the person may feel bored, they probably will stop temporarily only. But if the person rarely got profits and mostly got losses in trading, they may feel tired and stop forever. So, I think it is about how the results of trading Bitcoin itself.

Sure, it is not very easy to trade because we must have knowledge and experience to understand how to trade properly. We also need to adjust our trading style because of the chance of crypto market trends. I have some experiences in trading Bitcoin, sometimes I got quite good amount of money. But when it is not profitable to sell the Bitcoin, I prefer to hold the Bitcoin. As long as we are trading Bitcoin before the bullrun season, I think it is very safe to hold the Bitcoin that we failed to sell. So, actually trading Bitcoin is not so risky if we trade Bitcoin in the right time.

It is different if we trade shit coins. If we fail to sell the shit coins at the right time, we may have no chance to take profits. There is no clear future of shit coins, so it must be sold as soon as possible when they have good prices. But for Bitcoin, we can feel no worried although it can't be sold, we still have the chance to sell in bullrun season.


Understanding the market's undercurrents matters more than trading when. The 'bullrun season' isn't a safety net; it's a phenomenon driven by several causes, not a tide to bank on. Bitcoin is robust, but timing alone is skating on thin ice.

Dismissing altcoins as shit coins shows a lack of market diversification knowledge. Though volatile, their payoff potential is bigger. Strategic portfolio management, not immediate discarding.

Trading Bitcoin (or any cryptocurrency) requires analytical skills, emotional control, and strategic insight. Actively dealing with the market's complexity is more than just'safe holds' and waiting for the bull run. Doing this turns danger into opportunity.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Fatunad on February 07, 2024, 05:37:39 PM
It depends on the person who is trading. Some may stop trading not for a very long time while some stop trading for a long term which means they stop trading for a certain time but it would be longer than the first one. i don't have lots of experience in trading but I can tell that it is not easy to earn money trading because there's also risk just like when you investing in Bitcoin. The difference between the two is you have to trade your Bitcoin while investing is you stake your bitcoin on a platform ot by simply buying and keep it in your wallet which is called holding.
Indeed. If the person may feel bored, they probably will stop temporarily only. But if the person rarely got profits and mostly got losses in trading, they may feel tired and stop forever. So, I think it is about how the results of trading Bitcoin itself.

Sure, it is not very easy to trade because we must have knowledge and experience to understand how to trade properly. We also need to adjust our trading style because of the chance of crypto market trends. I have some experiences in trading Bitcoin, sometimes I got quite good amount of money. But when it is not profitable to sell the Bitcoin, I prefer to hold the Bitcoin. As long as we are trading Bitcoin before the bullrun season, I think it is very safe to hold the Bitcoin that we failed to sell. So, actually trading Bitcoin is not so risky if we trade Bitcoin in the right time.

It is different if we trade shit coins. If we fail to sell the shit coins at the right time, we may have no chance to take profits. There is no clear future of shit coins, so it must be sold as soon as possible when they have good prices. But for Bitcoin, we can feel no worried although it can't be sold, we still have the chance to sell in bullrun season.


Understanding the market's undercurrents matters more than trading when. The 'bullrun season' isn't a safety net; it's a phenomenon driven by several causes, not a tide to bank on. Bitcoin is robust, but timing alone is skating on thin ice.

Dismissing altcoins as shit coins shows a lack of market diversification knowledge. Though volatile, their payoff potential is bigger. Strategic portfolio management, not immediate discarding.

Trading Bitcoin (or any cryptocurrency) requires analytical skills, emotional control, and strategic insight. Actively dealing with the market's complexity is more than just'safe holds' and waiting for the bull run. Doing this turns danger into opportunity.
We do know that there are different types of investors or traders on which there are ones who do really hold off for long term and there are ones who are really making that active approach on which it would really be just that normal that actions been made would really be reflecting out on someones personal goal and approach towards trading. If someone do really have that kind of unfortunate condition towards trading
then they wont really be that making themselves that able to sustain for too long but rather they would be completely on stopping. We do know that not all who do get engaged with trading doesnt
really end up well on which it would be just that normal that you would really be basing up with your own choice.

Getting tired? its not tiring but rather it is really that something thrilling and challenging on which on the time that you would really be finding yourself
having those kind of struggles in trading but still could be able to handle yourself well then i dont see any issues for you to stop completely
but rather it would be best to proceed on.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Oneandpure on February 07, 2024, 07:04:23 PM
During trading keep earn much profitable I don't sure some one will tired and leaves trading such as have been their main income, but difference cases with some one loss more in trading due lack knowledge and can't controlling their emotion immediately will leave trading and get tired without earn profit yet.
Personally trading is not easy for every one, many aspect have to understood if want to be success in trading and not get tired or bored when the moment not get profitable yet. Indeed mentality and controlling emotion is most important aspect need some one with higher level of patience if want to be success in trading. I sure more than 50% of trader have leave trading after losing opportunity to earn much profitable and lack knowledge make them difficult to be success in trading.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: uchegod-21 on February 07, 2024, 10:30:30 PM
Re: Will people ever get tired of trading bitcoin?
People will get tired of trading bitcoin if one or more of the points below eventually happens.
  • When they keep losing in the trade
  • When bitcoin is no more volatile
  • When they have other better means of earning
  • When there are more regulations against traders 
When on the long run, I lose more than I win. I will get tired of trading.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: lepbagong on February 13, 2024, 08:25:20 AM
There are many aspects that must be seen first, such as whether he has put Bitcoin into his daily life so far. There are many aspects that can be done, according to the title, "Will people ever get tired of trading Bitcoin?".Of course, in trading Bitcoin, the main basis is because you want to be able to provide profits from what you do when trading with Bitcoin.as long as he trades and continues to not provide the desired profit but instead continues to provide losses.then it is certain that he will leave bitcoin to no longer trade, but if it is profitable, then he will remain loyal to continue trading, but it could also be that he gets a job with a greater income than trading bitcoin; it is certain that he will also leave.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: sekalitas on February 20, 2024, 10:43:03 AM
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.

I believe some individuals might lose interest in trading Bitcoin if it experiences sustained periods of low profitability. This is particularly true for those who entered the market due to fear of missing out (FOMO), without fully understanding the inherent volatility of cryptocurrencies and expecting overnight riches. Additionally, the high-risk nature of Bitcoin requires significant effort in analysis and prediction, which can be mentally draining for some investors, especially if they fear sudden losses without proper research and planning.

However, I don't foresee Bitcoin losing its overall appeal anytime soon. While there may not be a single technology currently offering similar potential for profit, the underlying blockchain technology and its applications hold immense promise for the future. Ultimately, the staying power of Bitcoin will depend on its ability to adapt and evolve alongside the ever-changing financial landscape.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Uruhara on February 20, 2024, 02:02:01 PM
In bitcoin, there is actually not always a party who suffers losses just to make one party benefit. Like if one day BTC will be widely used as a legal alternative means of payment in more countries. So at that time people who need BTC will look for sellers. And the seller will sell at a fairly profitable price and the buyer will be happy because he succeeded in buying bitcoin and now he can transact or make payments with bitcoin. Even now, in the digital world, many people buy BTC, regardless of the current market price. Because they buy and use it to pay anonymously for something in the digital world. And yes, all parties in this case benefit in different forms.

talk about tired actually I'm tired enough to trade bitcoin. So I decided to buy and hold it for the long term. ;D


Title: Re: Will people ever get tired of trading bitcoin?
Post by: STT on February 20, 2024, 02:12:39 PM
Theres a cost and utility to the natural trade of BTC, this was a question going back a decade as to long term viability.  Some think BTC serves no purpose and will decline, to be replaced by digital alternatives.   I have to realize maybe a bit late but BTC is unique in the function it does and is not easily replaced, not least because it is able to adapt and improve as we progress.
   The harsh critics of Bitcoin who say its some kind of trick are refusing to acknowledge the demand and its unique place as a product.  On the flip side Im not as bullish as those who would state BTC replaces every other currency type, its not replacing gold as they are different things offering separate functions I think that dream is also overplayed as much as the people who dismiss BTC for a decade.   Theres a balance to the all ideas and a fair regular marketplace does give benefit to buyers and sellers.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Franctoshi on February 20, 2024, 02:21:45 PM
This Op's question is just like asking if people will ever get tired of earning money or trading money, which the very answer to it is No. Bitcoin is money itself and which serves as a medium of exchange, and furthermore a store of value and an inflation hedge, so why would people want to stop to trade what they know is good, in as much as the system is still believed and is trusted, people will continue to use it and trade Bitcoin to earn more money, which makes it amazing.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: |MINER| on February 20, 2024, 03:20:44 PM
No people will never get tired of trading in BTC. There is no chance of losing in BTC. It is a long term process but it is reliable.  People invest in BTC thinking about the security of their own money. No one is willing to lose their precious money. Even though the profit process is slow, the profit is still there. And there is no talk during the bull run, those who have invested money can expect their money to increase several times.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: ringgo96 on February 20, 2024, 04:02:49 PM
No people will never get tired of trading in BTC. There is no chance of losing in BTC. It is a long term process but it is reliable.  People invest in BTC thinking about the security of their own money. No one is willing to lose their precious money. Even though the profit process is slow, the profit is still there. And there is no talk during the bull run, those who have invested money can expect their money to increase several times.
for investors who already understand the development of bitcoin, of course they won't get bored of investing in bitcoin or altcoins, but for those who want to get results quickly they will switch to collecting several potential altcoins and this will continue until they are at the top point to make a profit So, in investing we must have patience so that we can continue to feel the benefits.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Uruhara on February 21, 2024, 04:40:34 AM
This Op's question is just like asking if people will ever get tired of earning money or trading money, which the very answer to it is No. Bitcoin is money itself and which serves as a medium of exchange, and furthermore a store of value and an inflation hedge, so why would people want to stop to trade what they know is good, in as much as the system is still believed and is trusted, people will continue to use it and trade Bitcoin to earn more money, which makes it amazing.
Well it's true that even we are entering the crypto industry, especially in bitcoin investment. Then we even become more fond of bitcoin and trust it more. It's just that maybe what the OP means is tired of trading in the short term and being switched to the long term. Because I personally also no longer trade in bitcoin pairs and I prefer to only buy to add to my accumulation of long-term investments. If it's about trading I prefer to trade in altcoins which are much higher volatility and easier for us to take advantage of the fluctuations. Although the risk is much bigger. And I only use bitcoin as a long-term investment goal.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: AnonBitCoiner on February 22, 2024, 05:29:03 PM
for investors who already understand the development of bitcoin, of course they won't get bored of investing in bitcoin or altcoins, but for those who want to get results quickly they will switch to collecting several potential altcoins and this will continue until they are at the top point to make a profit So, in investing we must have patience so that we can continue to feel the benefits.


Those who wants quick profit from bitcoin and altcoins will become bored or will take little benefit and will sell their bitcoin and they are not true investors and holders of bitcoin. If a person once find anything beneficial that gives him a lot of money then he will try to wait more and more and will not get bored of that thing but if he fails to get what he wants then I think he will soon leave such mechanism.

From altcoins sometimes you can get quick profit but you cannot get quick profit in a days from bitcoin because little profit will not give you pleasure but its long term holder that can make you more profitable. Don't get bore and enjoy this investment as these days only bitcoin and altcoins investment can make us financially stable.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Baki202 on February 22, 2024, 06:20:49 PM
It depends on the person who is trading. Some may stop trading not for a very long time while some stop trading for a long term which means they stop trading for a certain time but it would be longer than the first one. i don't have lots of experience in trading but I can tell that it is not easy to earn money trading because there's also risk just like when you investing in Bitcoin. The difference between the two is you have to trade your Bitcoin while investing is you stake your bitcoin on a platform ot by simply buying and keep it in your wallet which is called holding.
Just the way I don't get tired of gambling, the same way some people don't get tired of trading, and they are similar, I even prefer trading to just holding since, from time to time, trading can fetch me some profit, and that is how gambling is also, at least I will be able to sustain myself, and if I am holding, I have to wait for years to make a profit, and you don't expect me to completely rely on my job alone, and that is why I am spicing it up with gambling.

If I start trading, I will take at least fifty percent of my assets. That is when I become a professional trader, and my target will be how I will make money because you need money to survive. I know trading is not easy, but even as people are losing money, they are also making money. bitcoin is simple Keep your bitcoin safe and play it safe.


Title: Re: Will people ever get tired of trading bitcoin?
Post by: Gormicsta on March 27, 2024, 08:45:00 AM
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.





You are correct that individual and group likes and dislikes can vary, affecting the market. For instance, if a big number of individuals lose passion for bitcoin and instead invest in other assets, the price of bitcoin may fall. On the other hand, if more individuals become enthusiastic about bitcoin and begin to use it for operations, its value may climb. So it's critical to examine how the market could develop in the future as people's choices shift. So, while Bitcoin's supply is restricted, other variables may impact its worth as time passes.