Quote from: Adams0001 on Today at 08:19:09 AM

Quote from: Rockstarguy on July 03, 2024, 07:25:00 PM

For me I think bitcoin is far to be considered to be a game. Having a better understanding about a game is not a guarantee that one must win a game but having a good understanding about bitcoin it is possible for one to gain a good profit in hodling this is why I think bitcoin is far beyond a game like the way you think. In bitcoin we loss or make profit by the decision we make and the lack of understanding that is why I don't think bitcoin is a game. Those that win to make profit in bitcoin are not just lucky but we're able to achieve success because the steps and the right decisions are being made .

For me I think it is those who think they can make money so quick by investing all their money in Bitcoin that will think bitcoin is a game, because they feel they can be lucky to make good profit from Bitcoin.

I believe Op is considering Bitcoin as a game because there is danger involved. And if someone misses any investment, he will be game since all investment is subject to rules, and all of them carry risk. I believe @Rockstarguy when he refers to bitcoin as a game without any business or investment. This implies that the coin will remain stable and not fluctuate, unlike long-term investments that yield daily profits. Because you can never invest in bitcoin now and declare you would gain enormous return, he will absolutely hard to get profit in bitcoin when you invest for short term. So, in my opinion, anything that is a long-term investment cannot be a game, and I do not believe bitcoin is a game. If you can call trading a game, I would probably say yes because it is a daily profit because it is the only game you will play and cash out once rather than keeping it for a long time before you generate profit.

The way how OP write about what he think on bitcoin is its like he take it as gambling since the way how he describe the possibilities of losing then winning for acquiring this asset is like there's always risk involve for him. I don't disagree what he say since maybe from that thinking he could avoid any possibilities that he don't take any fud seriously and he is always careful especially for dropping decisions towards his investment on bitcoin.

But people really need to think that there is two use of bitcoin the one usage of this coins is currency where they can use it to transfer or pay goods or services they avail online or they use it for investment just like what people have been discussed here. If they though that bitcoin is only for short term for those people then I think they are engaging with more riskier decisions with that. But if they are for long term which is best for bitcoin then I guess that decision could able to generate them a positive result.