Post
Topic
Board Bitcoin Discussion
Re: For me, Bitcoin is just a financial Game.
by
Adams0001
on 04/07/2024, 08:19:09 UTC
Be mindful: if it's a game, there are rules to follow, risks involved, and winners and losers. Before you engage, research investment strategies, media influence, key influencers, benefits, risks, etc. Take charge of the game; don't let it control you.
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.