π² USD Balance: 1000
π ±οΈ BTC Balance: 0
Net Value (Assets – Liabilities): $1000
π Bitcoin Trader Simulator: Start With $1k
Whatβs This Game All About? I developed this game to show that trading is tough, especially if you use leverage. Many people lose money by leveraging up their portfolio or come to investing with a “trader mentality”. I created the game so that people can channel their gambling addiction into this game while using a simple and proven investment approach that’s long-term and simple: dollar-cost-averaging and buy-hand-hold.
In the game, you start with $1,000 and can buy and sell Bitcoin as if you were on the real market. Watch prices go up and down and decide when to trade β can you grow your cash? ππ
Cool Features:
- Real-Time Prices: See Bitcoin prices move just like in the real world.
- Buy and Sell: Use your starting money to make smart trades.
- Leverage: Use leverage to buy more with your money. If you start with $1,000, you can borrow to trade $100,000 or more worth of Bitcoin! But be careful, while you can win big, you can also lose big. π¬
How to Play:
- Watch the Market: Keep an eye on the live Bitcoin chart in the game.
- Make Your Moves: Decide how much you want to trade. Hit buy if you think the price will rise and sell if you think itβll drop. Or develop your own strategy.
- Choose Your Risk: Use leverage to get more bang for your buck. More leverage means higher risk but also higher potential rewards. π
- Grow Your Portfolio: Try to increase your portfolio’s value. The higher, the better!
Why Play? Itβs a safe space to try out trading. You wonβt use real money, so itβs all about having fun and learning how the market works. Plus, itβs a chance to test out strategies without any real-world risk. Who knows, you might discover you have a knack for it!
But most importantly, it should shy you away from the “trader mentality” and towards a buy-and-hold “investor mentality” of just keeping an asset for a long time.
“It’s about time in the market and not timing the market.“