Post
Topic
Board Economics
Re: Will people ever get tired of trading bitcoin?
by
Litzki1990
on 13/11/2023, 18:15:11 UTC
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.