Comment on I built a free game where you try to beat a couch at timing the market. Over 80k plays later, the couch usually wins.

Katana314@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

• noir_chat@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  there’s opportunity in trading. but to assume you’ll get the benefit is very similar to assuming you’ll beat the casino. it’s possible, but unlikely, especially in the long term.

  source

  • terranoid@lemmy.cafe ⁨2⁩ ⁨weeks⁩ ago

    ironic that you say you’ll lose in the long term, given that investing long term in an index fund is one of the safest ways to invest.

    source

    • noir_chat@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

      yeah, that’s the whole point of the game. “trading” is the one that will not work in the long term. staying in the index fund is the good option.

      source

      • pineapplelover@lemmy.dbzer0.com ⁨2⁩ ⁨weeks⁩ ago

        Well you can game volatile stocks and you can buy and sell whenever you feel like it. Stuff like Tesla you know they’re gonna swing down or swing up because shit’s just so manipulated

        source

        • -> View More Comments
    • MajinBlayze@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

      The loss on this case is “relative to an index fund”

      source