You are viewing a single comment's thread:

RE: Being broke may have advantages.

Yeah take profits depends on one wealth and economics, if one has a wage of 2000 and invests 200, even a 3x won't do big difference so he will wait for like 10x, probably your partner was looking for something like that

Indeed if you don't have financial needs you are less inclined to take profits as you look for a jackpot

0.00043012 BEE
1 comments

Yeah, you're right, someone who is probably rich will never consider taking any profit that's below what they already can have without having to trade or buy crypto. I think it's a disadvantage because profit will always be profit. When you accumulate series of profit, they can even compound into more money.

0.00000015 BEE

That's true, but some people seek the immediate rather than the slow growth

0.00000000 BEE