Dhaniii
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December 30, 2021, 11:39:12 PM |
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Entering the crypto market, we will always be tested for patience and intelligence in transactions. there is nothing boring with bitcoin, the market is in a bearish state and you just have to wait for the bullrun market to come soon. Many investors are waiting for a bear market price increase and they take advantage of a bear market to be able to reinvest as much as they have. so why be bored with a market like this.
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BuNga_cute
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December 30, 2021, 11:55:28 PM |
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OP is not going to make it, he really isn’t. Investing is all about conviction & patience, very few people get rich quick. You need to be willing to buy bitcoin & hold it for years. If you can’t stand the heat then get out of the kitchen because bitcoin isn’t for you.
Bitcoin is indeed a good and promising asset, but that doesn't mean everyone can understand and accept Bitcoin well. So there is no compulsion to invest in Bitcoin, everyone is free to choose to invest in Bitcoin or not. So for people who really think Bitcoin is negative or not something that is profitable, they can choose to leave Bitcoin. That's why I always recommend not rushing to invest in Bitcoin, so that people want to take their time to learn about Bitcoin first. If they have started to understand how Bitcoin works, can start invest with a small capital in Bitcoin. As you said it takes patience to be able to make a profit from Bitcoin, wrong thinking if there are people who think Bitcoin can make them rich instantly.
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Rengga Jati
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December 30, 2021, 11:56:00 PM |
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Do you do future trading? if you do, you may not say that BTC is boring. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Well, BTC price is always on its track, the price is still very volatile. If we see it in several time frames, there will be a condition where we will not say about boring. I know that everybody is here to get profits, but do BTC promise for a profit? And how someone can earn profits? Many people can earn profits, high profits whatever the Bitcoin condition. And crypto will not be boring in my opinion. Maybe you should be little bit patient to face this market condition right now. This is the end of the year, as usual, the condition will be like this, but you know sometimes it will be also full of surprise. You cannot only expect to get rising up prices again and again, there will be always market correction, dip market, and other cycles that will be always here. I am not sure that people will leave BTC and ETH because it is considered boring. Just see what you are doing right now, what kind of trading strategy or investment that you are on right now. Everybody has their own ways to enjoy every market condition of Bitcoin.
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Radja Rimba
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December 30, 2021, 11:58:44 PM |
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OP, I think whatever you're saying in the thread is totally against what you want. Bitcoin's borring? That's the craziest idea I've heard this year after hitting $69k last month. Do you want bitcoins to always be pumpable and pumpable? it's impossible and I'm sure it's an unfounded wish.
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AmoreJaz
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December 30, 2021, 11:59:31 PM |
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Entering the crypto market, we will always be tested for patience and intelligence in transactions. there is nothing boring with bitcoin, the market is in a bearish state and you just have to wait for the bullrun market to come soon. Many investors are waiting for a bear market price increase and they take advantage of a bear market to be able to reinvest as much as they have. so why be bored with a market like this.
patience is needed in this market and not many people have that kind of virtue especially if their hard earned money is at stake or they have other needs to attend to. this is why, people can come and go in this market, some even spread fud when they are disappointed to what happened with their funds or incur losses due to their mistakes. this is about survival in a volatile market. if you don't have some of those skills, you will be left behind. bitcoin is boring for some, whereas, a lot are looking at it as an exciting investment to get involved with.
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Welsh
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December 31, 2021, 12:01:21 AM |
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I'm not exactly sure what your trying to point out here? The thing is, even if Bitcoin was considered boring, which I for one can tell you its not, they'll be people that would be glad that Bitcoin is stable enough to be considered boring. The thing is, Bitcoin is one of the most exciting concepts to come out in the last few decades, maybe you could potentially the most exciting thing in a century, but most definitely in decades. Bitcoin has the potential to be revolutionary, and if Bitcoin isn't the solution to our problems, it's very likely the very foundations to something completely revolutionary to changing how we think about privacy, third parties such as banks, and how we manage our money.
The price is the least of the concern when it comes to excitability, honestly the price is just a upside to speculative traders looking to get in on the action, and make as much money as possible in a short period of time, but the real excitably is about what Bitcoin could become, and how it'll influence the world around us in the future.
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adzino
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December 31, 2021, 12:24:40 AM |
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We think that only whales and instutions will stay play with btc as its boring. No innovation no moves i mean price moves. Retail trader not here for stability we are here for huge gains if btc dont give that im sure many people will leave btc and even eth.
Those who got a lot money can wait 5 years and can speak about blockchain development and how nice it will be we the retail traders are here only to see moves.
Right now even if btc will make moves 20% up or down...its really nothing. If anything can give us 100%-10000% price volatility then im sure grayscale whales and wall street will stay alone with their bitcoins.
And if the grayscale and wall street instutions like CME and those kind of white collars dont put the efforts in then im sure retail will find something better to play with.
Not sure why you think bitcoin is very boring. Is it just because the price doesn't move much now? It has always been like this. The price goes up and down a lot and then stays stable for few months. By stable, I mean the price still fluctuates, but at a smaller rate. Most of the "retail traders" take the advantage of this fluctuation to make profit. So I don't know how you have come to a conclusion that no retail traders can get any profit when the price doesn't go up a lot. And no, we don't want a 100%-1000% price volatility. It would just mess up the market. It is good the way it is right now. BTC is long term investment. Not some quick profit scheme.
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flip4flop
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December 31, 2021, 12:29:56 AM |
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Where were you 10 years ago? Bitcoin was volatile every single day and was a wild ride. If you wanted volatility you should have been in then. If you want volatility now there are thousands of cryptocurrencies out there that can give you the rush you are looking for. Bitcoin has finally appeared to take hold at the institution level so the swings will likely not be as drastic with the exception of regulation news that could still send it up or down 10-20% on any given day. At this point, I am happy to continue to hold and mine BTC while it slowly grinds up year over year.
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Welsh
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December 31, 2021, 12:37:06 AM |
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Where were you 10 years ago? Bitcoin was volatile every single day and was a wild ride. If you wanted volatility you should have been in then. If you want volatility now there are thousands of cryptocurrencies out there that can give you the rush you are looking for. Bitcoin has finally appeared to take hold at the institution level so the swings will likely not be as drastic with the exception of regulation news that could still send it up or down 10-20% on any given day.
I mean, the swings can still be pretty drastic when you compare it to other currencies. Obviously, other things in the stock market would be more volatile, and various other cryptocurrencies are definitely a lot more volatile, but Bitcoin is most certainly still pretty crazy, and has the potential to earn a pretty sharp trader some serious money, even in the short term. Also, considering the backing that Bitcoin has, and the potential it has to offer, its probably the most unique opportunity in most peoples lives. People thought the internet boom was a great time to make money, until Bitcoin absolutely threw that out of the water.
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leea-1334
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December 31, 2021, 12:56:50 AM |
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I mean, the swings can still be pretty drastic when you compare it to other currencies. Obviously, other things in the stock market would be more volatile, and various other cryptocurrencies are definitely a lot more volatile, but Bitcoin is most certainly still pretty crazy, and has the potential to earn a pretty sharp trader some serious money, even in the short term.
I absolutely agree,,, and it is just a matter of perspective. Bitcoin compared to any alt of course is boring but that is relative in OP view. It is definitely drastic when compared to every other non-crypto asset actually,,, I mean just open up a daily chart or weekly chart and compare the volatility with almost any main forex. It is the main reason traditional investors are so afraid of Bitcoin. Other alts they do not even take seriously,,, not that their opinion is of any impact ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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bitzizzix
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December 31, 2021, 01:38:13 AM |
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Usually, if you hate something, you feel threatened that you will get hurt or hurt, or you are jealous, or you are tired of waiting for profits due to the erratic movement of bitcoin. And if bitcoin has worked in your favor before, you won't be bored or resentful of it, as we all know and have been in the industry for a long time and that's common. at times like this you have to understand because bitcoin is not a get-rich-quick scheme there is a process you have to go through, especially patience.
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wajik-tempe
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December 31, 2021, 02:06:27 AM |
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We think that only whales and instutions will stay play with btc as its boring. No innovation no moves i mean price moves. Retail trader not here for stability we are here for huge gains if btc dont give that im sure many people will leave btc and even eth.
Those who got a lot money can wait 5 years and can speak about blockchain development and how nice it will be we the retail traders are here only to see moves.
Right now even if btc will make moves 20% up or down...its really nothing. If anything can give us 100%-10000% price volatility then im sure grayscale whales and wall street will stay alone with their bitcoins.
And if the grayscale and wall street instutions like CME and those kind of white collars dont put the efforts in then im sure retail will find something better to play with.
It's because it has the highest marketcap right now, it almost have 1 trillion USD marketcap while the whole crypto current marketcap is 2,2T. This means BTC almost has a half of the crypto marketcap, if the price goes up 100%, it means it will boost the whole marketcap to 3T+ and it's not going to happen in a short time. But, it always happen everytime when people see bitcoin price is already high at 10k then complaining if we invested on it, will just have 10-20% return. The crypto market future is bright, the whole marketcap could be 10x times from now in the future, so i think the chance of bitcoin gaining another 10x times is possible.
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yhiaali3
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December 31, 2021, 02:42:31 AM |
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Don't know what exactly you want? But most big investors want Bitcoin to be boring, meaning more stable and confident. We want Bitcoin to be boring in order to achieve more confidence in the international community and achieve more institutional acceptance and mass adoption, because they accuse Bitcoin of being highly volatile so they do not accept it, but if It was boring and they no longer had an argument against Bitcoin. In any case, Bitcoin is not boring, it achieves stable growth in the price in the long term, if you are looking for a quick profit, you can invest in shitCoins.
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syedakhlaque
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December 31, 2021, 03:49:41 AM |
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BTC is not boring but there is patience and fatigue in all business and tasks. If you are a stalker and you can wait for BTC to rise then you can also adopt trading or mining also. That will keep you active and you will also earn through this trade. So invest some of your capital in trading also to avoid boredom. You can also join bounties to make the best use of your time.
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titular
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December 31, 2021, 03:54:58 AM |
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Donald trump said only trust dollar he dont trust btc And many people follow to trump donald trump. Im sure trump has more $$ then btc.
I think this is an obvious statement. Donald Trump made his career trying to get the dollar to be the world reserve currency. That man eats, sleeps, and breathes US dollars. I wouldn't be surprised to learn he owns zero bitcoin.
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traderethereum
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December 31, 2021, 04:03:33 AM |
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I do not think bitcoin is boring because I am sure all people involved in bitcoin will say that bitcoin is excited and can give them a way to make money. If you think you are late to join the party, you are wrong because you can join bitcoin anytime you want and you will have a chance to make money from bitcoin like others. You just need to open your mind and see what you can do to earn money like others and start working to have that chance. I believe every people deserve to have that chance, especially if they want to change their life to be better. So it is up to you whether you want to take action right now or you just sit and wait without doing anything. It is nothing to do with other people because you will have your own future.
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LogitechMouse
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December 31, 2021, 01:02:39 PM |
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Right now even if btc will make moves 20% up or down...its really nothing. If anything can give us 100%-10000% price volatility then im sure grayscale whales and wall street will stay alone with their bitcoins.
20% price movement for Bitcoin and its nothing? We know that we've seen that move numerous times already to the point that you see it as a common thing already but to say that its nothing? You're wrong because boring investments are good investments ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . If you see Bitcoin as a boring investment then you are saying that Stock Market, Bonds and some assets like Gold and Silver are boring as well then? You are saying that it is boring because you aren't trading. Use Bitcoin in Futures Trading so you're life with Bitcoin will not be boring ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
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ChiBitCTy
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December 31, 2021, 01:52:13 PM |
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Personally I don’t think you have any idea what you’re talking about. Bitcoin first off is still up big year to date and of course since inception. Bitcoin also has been constantly working on innovations, segwit, lightning network, TapRoot etc. Bitcoin and ETH have some of the worlds best Developers, and neither coin is going anywhere anytime soon nor are people going to leave the projects due to being “boring”.
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D-law
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December 31, 2021, 03:58:21 PM |
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This should be your own opinion about Bitcoin. Some don't see anything good about it though,some do see the light out of the crack. You should see the good side of everything.
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Doell
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December 31, 2021, 11:45:45 PM |
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the fact is that people still believe in bitcoin ,altcoins are still trying to outperform bitcoin ,some of them even copy bitcoin ,some want to be like bitcoin with the largest community in the crypto world ! boring in price the real fact is altcoin are hitting more ATH because of bitcoin ,true investment is not like a bubble and then it disappears !
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