Quote from: Accardo on Today at 07:27:06 PM

Quote from: sana54210 on November 17, 2023, 05:36:40 PM

Quote from: Accardo on October 16, 2023, 11:43:37 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.