Success in finance and investment is a journey of finding your true self - page 3.

Inspiron14

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Quote from: Joshapat on January 27, 2023, 06:52:12 AM

Everyone certainly aims to be financially successful, a lot of effort is made starting from actively working to trying to get passive income for example investing, but sometimes to be successful it takes a long process so that many successful people need up to decades, of course this is a good thing because it can pass on wealth to children and grandchildren.

Sometimes many people just want instant success and don't want the process,
investing is indeed an option that we can choose to make a profit,
what is clear is that we cannot achieve success without a process that is absolutely impossible.

Z390

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Grinding is different from grinding mate, some 2hours grinding per day brings insane changes to one's life where as some 16 hours grinding per day brings less fortune, I don't joke with my hustle but that doesn't mean I shouldn't live, playing video games help the brain a ton, I have noticed that playing video games brings so much relaxation to my life but I only spent 3 hours play games almost every day. while you are hustling every day do not forget that death could come knocking at any time, so live.

Smartprofit

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Quote from: Hydrogen on January 25, 2023, 07:13:40 PM

Most have no trouble grinding 12 hours a day on MMORPGs. Spending countless hours customizing their character, leveling up and exploring digital worlds. There are gamers who spend 16 hours a day, working hard, chasing their gaming goals. While they may not think of it as work. Can it be said that tendencies people have to spend inordinate and excessive amounts of time and energy on video games, defines their true self and true work ethic.

The real you is the person who can spend countless hours everyday obsessively leveling and grinding in games.

There is no need to develop a work ethic or drive. We can see by the way people obsessively play games and indulge in other activities that we already have that.

What is it about people that allows them to invest 12 hours a day obsessively chasing goals in games, that have no affect on their futures. Feeling it is a great use of their time. While feeling that spending 12 hours a day on a crypto exchange looking for good investments. Or investing time and energy reading and learning, doing things which might allow a person to be wealthier and more successful, is not a good use of time?

Could it be fair to say that the only difference between successful crypto whales and unsuccessful ones is crypto whales have learned to treat investment and finance like a video game. Where its fun and worthwhile to explore and learn about the digital world of numbers, math and statistics which comprise market based investment and trading?

In which case, could it be fair to say that being successful financially isn't so much about trying to be a different person from who you are.

But rather its about learning more about yourself and learning to have the same fun and enjoyment with finance and investment. That you have with video games. That way it becomes easy to invest 12 hours a day everyday learning to grind and level up in a way which is profitable.

This is a very interesting idea!

Indeed, a successful person often treats his work as a very interesting game. Sometimes he plays online, sometimes offline, sometimes he upgrades his character. This also applies to investments.

You can imagine yourself as a powerful Lord (Duke), who is expanding his possessions and strives to earn as much money as possible in order to reach a new gaming level. This Lord can create different accounts on different platforms.

An account is essentially a virtual identity. Such virtual personalities can act as assistants to our fantasy Lord. These advisers, merchants, warriors help him interact with the virtual world, earn digital gold, conquer new territories, increase his authority among other Lords (Barons, Earls, Dukes and Kings).

Creating such virtual subpersonalities will turn investments into an interesting game!

Joshapat

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Everyone certainly aims to be financially successful, a lot of effort is made starting from actively working to trying to get passive income for example investing, but sometimes to be successful it takes a long process so that many successful people need up to decades, of course this is a good thing because it can pass on wealth to children and grandchildren.

Bitstar_coin

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In other words, there are limits to things that are not directly beneficial to self growth. Playing games is not a problem when it is done rationally. This particularly is the reason why metaverse is important and will be successful when done right.
Instead if wasting long hours on games that won't yield any returns, with metaverse gaming in place, playing games for 12 to 16 hrs will not feel like a waste of time when you will be able to generate income doing what you loves doing.

Different strokes for different folks, some are passionate about trading and doing deep research to learn more to that effect, others are passionate about playing video games.

slapper

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Yes, I do think that gamers and investors have a lot in common in their mindsets and strategies when it comes to both video games and financial markets. Both need undivided attention, perseverance, and a flexible mind. While video games are meant only for entertainment, financial decisions have real-world consequences, which should be kept in mind. One must proceed cautiously and investigate all available options before making any investing selections.

Yet, I believe that the attitude of a winning player can be transferred to the financial markets. In a video game, for instance, it helps to have a plan, some strategy, and some patience. Indeed, the same holds true for financial investments. You need to decide what you want financially, make a strategy to get there and have patience as you wait for your investments to develop.

Investments may be just as addictive as video games, which is something to keep in mind. Like with video games, the thrill of generating a significant investment return may be addicting, but it's crucial to take breaks and make sure you aren't losing perspective.

In sum, I believe it is reasonable to assert that the winning attitude of a gamer may be successfully transferred to the financial markets. Nonetheless, investors should use prudence since their decisions might have real-world effects. Like with video games, it's crucial to strike a healthy balance and avoid being too invested.

vv181

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A game has replayability. There is a save game and checkpoint. That is what distinguishes it from real life, there is no point of return.

Those who forgot the time when playing a game or hustling a work are in a state of "flow." The state where each things that is being done are consistently compounded, and as in result, one keeps its focus. The difference is game is surely designed to attract the player to spend many times within the game, whereas, in real life, people should not be forced to learn how to get the fun and excitement within the finance and investment scene. It connotates the deed is involuntary. People should have or understand the root causes where they find a sector of work that truly suits them.

hyudien

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I like to spend hours just doing what I love, and that's a fact. Interests besides being involved in the world of finance are not just a way to achieve success but rather a need above other needs. People who play games for almost 12 hours don't always enjoy the game, sometimes they get stressed because the results are not satisfying. But do they stop? Of course not, they will repeat it and try not to make the same mistake. Likewise in achieving relative success the level of success is different and the process of achieving it mostly takes a long time.

Cryptomultiplier

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Quote from: Hydrogen on January 25, 2023, 07:13:40 PM

But rather its about learning more about yourself and learning to have the same fun and enjoyment with finance and investment. That you have with video games. That way it becomes easy to invest 12 hours a day everyday learning to grind and level up in a way which is profitable.

Yes, the journey to self discovery would often lead one to attain success in finance and investment, because, it is an accumulation of goals that has been fulfilled, and plans that have been executed. This can only be effective once one is able to isolate him/herself, carefully map out how to devote a great number of hours in a day just to realize an idea that would require self-discipline in consistent doze to ensure financial, mental, and personal growth.

lizarder

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Quote from: Hydrogen on January 25, 2023, 07:13:40 PM

Most have no trouble grinding 12 hours a day on MMORPGs. Spending countless hours customizing their character, leveling up and exploring digital worlds. There are gamers who spend 16 hours a day, working hard, chasing their gaming goals. While they may not think of it as work. Can it be said that tendencies people have to spend inordinate and excessive amounts of time and energy on video games, defines their true self and true work ethic.

Unfortunately you didn't mention what kind of gamer you mean, some gamers now have paths that can be considered as work, like spending several hours in front of a PC just to level up and sell characters or make videos to post on Youtube, they take advantage of this content to earn money, although there is another process before making money on YouTube. But not all gamers can take advantage of this, because there are those who waste time in front of the PC just to play games and get nothing.

Real-world work ethic is no longer a bone of contention for the tech-savvy Generation Z, as revenue from games, YouTube, and other social media platforms has proven capable of transporting them to a change in social status, they enjoy it as a productive job and spend long hours at front of PC. I've come across many cases of successful gamers by now, but the question is can this be considered a long term job?

CoinEraser

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In some games it is easier to be successful than in real life. Therefore, people prefer to seek their fortune there than to face the harsh reality. Especially in a MMORPG can be successful without having to make an effort. You "only" have to invest a lot of time and you can "maybe" be successful. This can also work in real life, but is more strenuous in most cases. Either way, people have also earned real money through an MMORPG and maybe it will be possible to make a living from it in the future. However, being successful in an MMORPG is easier than in the crypto world. So I think a lot of people prefer an MMOPGR. Wink

kryptqnick

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I'm not a gamer, so I don't really understand the whole thing about wasting too much time on them. If it's as bad as the op says, 12+ hours a day, I'd simply call it an addiction. If it's a more reasonable number but a person's really into it, I'd add that games are skill-based and usually grant you regular small senses of accomplishment, which is what people are looking for. The games are often divided into missions, and even aside from accomplishing those you can see some flashing lights or get points in the process for killing someone, for instance. In reality, you rarely get this sort of frequent token of appreciation. You can do something good once in a while, you get a salary once a month, and maybe you hear compliments sometimes. You can get a sense of a small success way more times over a few hours of playing than over a month of living. At least, that's what I feel is the underlying mechanism. Researching investments is different, as you can spend tons of hours without seeing the results of your work, seeing that you've achieved something. Trading itself can be engaging for some if you focus on the small gains and losses you regularly get, but it's still less structured and there's no guarantee that you'll win if you try hard enough.

Zubayer

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It is true that some people are able to invest a significant amount of time and energy into activities such as video games and find it enjoyable, while others may not find the same level of enjoyment in activities such as financial investment and trading. However, it is important to note that different people have different interests and passions, and what may be enjoyable and motivating for one person may not be the same for another.

It is also worth noting that the skills and habits that are developed through activities such as gaming can be transferable to other areas of life, such as financial investment and trading. For example, the ability to focus and stay motivated for long periods of time, to set and achieve goals, and to analyze and make decisions based on data, are all skills that can be applied to financial investment and trading.

That being said, it's not fair to say that only the successful crypto whales have learned to treat investment and finance like a video game, as it's not only about the way you perceive it but also about the knowledge, strategies, and experience you have. Moreover, it's not a matter of turning investment and finance into something fun and enjoyable, but rather it's about developing the interest and passion for it, which takes time and effort.

In conclusion, being successful financially isn't only about trying to be a different person from who you are, but it's also about understanding yourself, your strengths, and weaknesses and learning to develop the necessary skills, knowledge and interest to achieve your financial goals.

Alpha Marine

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In my opinion, it depends on what the person has been trained to be like, and at a certain stage in life, it's hard to change. It's like an addiction. You have to be obsessed (to say the least) about something to be able to spend 16 hours a day doing it. I don't want to call it irresponsibility but it's kind of hard not to. I have learned to not criticize what I don't fully understand and that's why I've always refused to talk about stuff like this. Work can be boring, that's why it's always advisable to make money from things you love. Spending 12 to 16 hours a day doing what you love while not making money from it is irresponsible. It's a different thing if you're like a start-up and working on something for 12 hours a day and not making any money from it, like an upcoming musician or a start-up programmer, etc. Thats totally different. That is staying true to your grind but playing video games all day when you have bills to pay is something else. I know life is not always black and white but that energy can be transferred into something productive.

Aanuoluwatofunmi

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To be successful in life as a whole depends on our individual abilities to think towards how we can be successful in whatsoever thing we do, where we go and what we see, when we are successful in our financial lives then it a reflection of what we are made up of in life determination, our investments wouldn't be a successful one if we had not made a self discovery of ourselves, this will help towards having a successful financial investments.

lovesmayfamilis

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Quote from: Majestic-milf on January 26, 2023, 03:54:50 AM

From what you said in the first line@lovesmayfamilis, I was able to deduce that people achieve things differently. It doesn't matter if you spend 12-16 hours on gaming, what matters is what one hopes to achieve; the dopamine boost or a financial reward.
Now in the case of gambling addiction, it's quite true that it's a menace thats not given much attention like depression, but is slowly chipping away at you. In my opinion, success can be achieved in different ways and just like you stated, some peeps find purpose and fulfilment and even wealth the way that's okay for them.

Yes, you understood correctly. Look at the professionals, if you can call them that, namely the esportsmen in Counter-Strike. Entire championships are arranged, with large prize funds. Can these people be called "drug addicts" if they develop steadily and at the same time receive material prizes?
But, unfortunately, people who spend time playing games do not always understand that, in addition to this, they also have a life in real life, and they only have one, unlike a virtual one. In real life, it is difficult to start over because, whether we like it or not, time flies very quickly, and sometimes it is too late to change something.

NotATether

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They're two different things.

If you're doing bad at a game, you can just close it out and possibly throw your keyboard out the window.

But if you're having a rough time in the real world, that option does not exist. The reason people spend time in front of video games all day is that they are not difficult to face up to.

Majestic-milf

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From what you said in the first line@lovesmayfamilis, I was able to deduce that people achieve things differently. It doesn't matter if you spend 12-16 hours on gaming, what matters is what one hopes to achieve; the dopamine boost or a financial reward.
Now in the case of gambling addiction, it's quite true that it's a menace thats not given much attention like depression, but is slowly chipping away at you. In my opinion, success can be achieved in different ways and just like you stated, some peeps find purpose and fulfilment and even wealth the way that's okay for them.

Fivestar4everMVP

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Quote from: Hydrogen on January 25, 2023, 07:13:40 PM

But rather its about learning more about yourself and learning to have the same fun and enjoyment with finance and investment. That you have with video games. That way it becomes easy to invest 12 hours a day everyday learning to grind and level up in a way which is profitable.

You are right, but then also, i think one of the mistake we make in life is not discovering ourselves on time, ask those who spend 12 hours a day on video games, they will probably tell you that they are still too young to begin to think about the future, and for those who are older and still spend so much time on video games, they probably have a business running for them somewhere and they spend their leisure time playing games.
Responsibilities most times is what drive the average man, the more they have important things to take care of which requires spending money, they more they tend to become serious in chasing after their goal and doing all they can to achieve financial stability, and the drive is always higher in those who have no family or rich relative to depend on.
So i think responsibilities also plays an important role in driving most of us to discovering ourselves.

davis196

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Gaming addiction isn't a joke. Gaming addiction is a serious problem in countries like Japan.
Anyway, I guess that your question is why so many people like spending hours doing unproductive stuff, instead of working hard and building their wealth. The answer isn't that simple and I think that the problem lies in their childhood and their families. Your parents have a role in teaching you a thing or two about the importance of discipline and hard work. The people, who are playing videogames 12 hours a day probably had irresponsible parents, who never told them anything about life.

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