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Author Topic: Will people ever get tired of trading bitcoin?  (Read 1324 times)
Hamphser
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November 12, 2023, 08:57:33 PM
 #101

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.

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November 12, 2023, 11:01:52 PM
 #102

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.
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November 12, 2023, 11:59:04 PM
 #103

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.

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November 13, 2023, 01:20:21 AM
 #104

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.

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November 13, 2023, 02:26:08 AM
 #105

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.
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November 13, 2023, 02:38:19 AM
 #106

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 

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November 13, 2023, 03:00:48 AM
 #107

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.


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November 13, 2023, 10:53:52 AM
 #108

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.

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November 13, 2023, 11:06:26 AM
 #109

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

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November 13, 2023, 11:58:15 AM
 #110


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.

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November 13, 2023, 12:13:26 PM
 #111

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.

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November 13, 2023, 01:08:12 PM
 #112

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.

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November 13, 2023, 01:38:13 PM
 #113

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.

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November 13, 2023, 02:35:55 PM
Merited by bbigtart (2)
 #114

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.

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November 13, 2023, 03:00:54 PM
 #115

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.

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November 13, 2023, 03:14:07 PM
Merited by Davian144 (1)
 #116

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.

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November 13, 2023, 03:55:58 PM
 #117

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.

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November 13, 2023, 04:14:35 PM
 #118

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.

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November 13, 2023, 05:49:12 PM
 #119

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.

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November 13, 2023, 06:15:11 PM
 #120

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.

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