Boredom is... tiring after a while.
It may be a good period to accumulate, but the longer it goes the more people who started with the intention of accumulating through this period get... you guessed it... bored, and start to find other activities to keep their minds occupied, take longer and longer breaks, plan and go on vacations, etc.
The good thing is that those who make it through to the other end without capitulating are probably better prepared for the intense good times that follow, and which are always shorter than the bad times, at least in terms of crypto cycles.
The interesting part is that accumulating though the boring period may not be as profitable as buying entirely when there is blood in the streets (close to the bottom, if anyone can guess where that is), but if it happens consistently it can be, because the emotional factor is removed from the equation.
During a bloodbath, even if someone has certain entry levels already set up, there are often thoughts circling the investor whether the levels are right or if they are too low, and the fall won't be as severe, or too high, and the entry point could have been chosen lower.
But still, compared to a prolonged boredom, I'd rather see some market action, even if that means a bloodbath. In a phase like this one in the crypto market, I wouldn't want to see a bloodbath followed by a consolidation at the lower level though. If it's still a range, we're all good.
I started to think today what kind of markets I prefer. I am a bull, like most people, so bull market is my favorite.
But then, things become more complicated. I like the sharp drop from the roof tops after the bull market blows up because it deflates the hype and clears the weed in crypto. I also like the accumulation phase up to a point because it is suitable for consistent people and it puts more pressure on bad businesses. But I still prefer to see some market action every once in a while to test if we still have a pulse or not. :D If the sideways movements are too long while we are not out of the bear, this can affect good businesses too, and that's another reason not to like too long boredom,
At a self-analysis, I realized I don't get scared during crashes, but I may get over-excited during the last phase of a bull market. I also see that after a while I get tired of the boredom in markets, but that may be only an impression. After all, as long as I keep myself busy, I only remark "boredom" in the markets because I have the HIVE chart opened in a tab, waiting for entry points.
When I have to pay extra attention and have rules I won't break because "I know better" or "I have a feeling" or "others have the same opinion" is during the bull market. So far I haven't negotiated a bull market correctly. I improved during the last one, but not what I would consider acceptable planning and execution.