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game vs forex

Video Games vs Forex Trading Which One You Should Choose?

Playing video games and trading in forex markets are two different genres. But there’s one thing common between them. And that is, it requires time to gain success. Have you ever thought about which one should be beneficial for you? What are the pros and cons of gaming? And why should I be thinking about choosing either forex trading or playing video games? Let’s figure out which one is better and sustainable.

Video Games vs Forex Trading Which One You Should Choose?

Before starting, I want to outline what topics I’m going to cover in this content. There are pros and cons on both sides. So, let’s talk about their pros and cons and after that let’s decide which one is suitable for you.

Playing Video Games: Pros and Cons

Video games are fun. They are addictive and keep you hooked up for a long time. Besides, video games are costly. The main purpose of playing video games is to chill out in your leisure time. But nowadays, the scene is different. It addicts you just like other drugs.

On the other hand, almost all games are paid; if not, they have some micro-transaction, which is costly too. If you are good at gaming, the brighter side is that you can start your streaming career as a content creator and earn some money from it. There are some popular streaming sites like Twitch, Mixer, YouTube etc. But streaming as a career is risky, in my opinion.

Forex Trading: Pros and Cons

If you don’t know what forex trading is, let me explain it. It is the short form of “Foreign Exchange”, which involves trading currencies like dollar, euro etc. Let me give you an example. Suppose you have €100 and convert it to USD and get $110. Now, if you hold that $110 and the euro price falls, then for the $110, let’s say you are getting €105.

Notice one thing, you didn’t have to make any investment rather than €100, and after a few days, you are getting €105. So, your profit is €5. The transaction is done by an organization that we call a broker. There is a lot of trusted stock broker available to get the job done for you with a very minimalistic charge. This is the basic of forex trading though it is more complex than the example, as you can probably guess.

So, what are the pros? Well, you can make a profit and earn money, and it’s legit. Millions of people have taken forex trading as their primary job and career. Most of them are successful as well. The cons are you can lose your money which is a part of every business.

Which One is Sustainable and You Should Choose?

The answer is forex trading. It is a no brainer. Forex trading can help you earn profits and make yourself a successful trader. On the other hand, gaming can take valuable time and money from your life. In that case, they are pretty much contradictory. Even though there’s a chance of being a good gamer and streamer, the percentage of success is very low. Also, it sounds cool to tell someone you are a forex trader rather than tell you you are a gamer. In forex trading, self-educating yourself will vastly help you to understand the global economy and how global trading is done.

My Suggestion

Well, this portion is for smart people who want both of them. Well, I have already discussed the purpose, pros and cons of both forex trading and gaming. Forex trading is a career, and gaming is a passion or hobby. Gaming is not a career for most people. So, my suggestion is to trade wisely in forex, make good profits from it and get the video games you want to play with this profit. Keep gaming but in your leisure time. Thus, you can do both.

Conclusion

In this modern era, you have to make decisions smartly. You can not waste your time by playing thousands of hours of the league of legends. Put some effort in earning and then play when you feel exhausted. This is how a smart guy should manage his schedule. Don’t stay behind while all of your friends are chasing their dreams.

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