Post
Topic
Board Economics
Re: Will people ever get tired of trading bitcoin?
by
Hamphser
on 06/02/2024, 21:43:10 UTC
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.