If you’re not interested in video games, it’s easy to think of the hobby as just a “game.” After all, it is just about sitting in front of the TV for hours on end killing monsters, completing quests or defeating rival teams.
However, that couldn’t be further from the truth, and if you’re a gamer, you can attest to the skills that video games have helped bring out.
Getting sleepless? Check. Use crazy reflexes to survive? I got you. Do you deal with constant pressure to win or even just to survive? every-time.
Our example is that Players can make good traders Exactly because of the time and effort they spend playing any video games they desire.
Along the way, they pick up techniques as they fight to win a prize, accomplish a mission, or even simply try to survive to the next level.
In fact, some games today make use of different types of players, such as those who are not into senseless carnage or crazy brawls to win in-game money.
With that in mind, one game worth noting is Grand Theft Auto 5, which has two stock exchanges, LCN and BAWSAQ, that operate just like the real world exchanges.
Now, before we get ahead of ourselves, let us first address the reasons that give players an advantage when entering the world of trading.
What makes players good dealers
Of course, an apparently comprehensive statement like this deserves an explanation. We’re not saying this applies to every player on the planet, but there are plenty of things in the gaming world that prove invaluable to a trader and their profession. Here are some of them
Crazy reaction and kill or kill mentality
It’s a dog that eats the dog world, and if you’re a gamer, you understand the concept at a level where you value preparation and willingness to make sure you’re well-equipped for success. why? Because if you don’t, you will lose, and who likes that player?
In trading, you must also be well equipped. In fact, it’s non-negotiable to do your research and understand what you’re getting into before you take another step.
Otherwise, you risk getting sucked in and staying in a situation from which it is difficult to get out.
Those good literature warning you of the dangers of trading are there for a reason. This is simply because Trading involves real money, and with real money comes big risks and bigger losses If you are not careful.
This trading risk is more evident in the cryptocurrency market, which is open 24/7 and is highly volatile; Hence the crazy reaction of the player to take advantage of an opportunity or to reduce his loss can be beneficial.
If you want to check out a trading platform, make sure they also have the necessary licenses such as 1Market.
Winning is not written in stone
Sometimes you win, sometimes you don’t, no matter how prepared you are. This is a tough lesson that players know all too well.
In trading, it’s the same. Learning and understanding the market and what you are entering can greatly reduce the risks that come with trading, but the risks will always be there.
Whether luck or something else plays a role, risk is not something you can completely get rid of and if you are a player who trades you know the best way to handle this is to give your best and move forward if things don’t go according to plan – you don’t think In the past but you definitely take the lessons with you.
Practice is more than half the battle
Unless you are a genius who can reach a god-like level with minimal effort, odds are that practice is your best friend and your best strategy for getting better – both in gaming and in trading.
For players, you know that practice is indispensable, and when you trade, you know that practice is one of the most effective ways to learn.
Hence, if you are a player who trades, you take every opportunity to practice what you got and see what area you still need to work in.
Take a break when you have to
Another lesson players know well is that sometimes, things just aren’t on your side, no matter how well you play.
Whether it’s a sign from the universe or just your subconscious mind telling you to take a break, it happens. While some players choose to ignore this, you’re not doing yourself any favors if you do.
Take a break, take a walk, take a breath – in games you can’t win everything, and in trading, not all trades turn out the way we hoped.
Grand Theft Auto 5 and the prestige of Play-to-Earn
Even before the pandemic, companies were already seeing the potential for players who wanted to play for fun and earn – whether it was real money in play-to-earn games or in-game money like in the stock markets in GTA 5.
In fact, GTA 5 gives players the opportunity to experience what it looks like to trade in the real world through two in-game stock markets – LCN, where stocks are directly influenced by what the player does in the single-player story mode, and BAWSAQ, where stocks are influenced by the online GTA 5 community.
With video games in general and games like GTA 5, to be more specific, it is not an exaggeration to say that players will make good or even better traders because of the skills they have developed and the technique they are exposed to while playing.
In today’s generation that grew up playing video games like GTA 5, nothing is stopping them from being really good traders in the future.