I've noticed that small #investors are the easiest to shakeout... Plus they tend to hold on to their tokens for the shortest length of time. And that explains everything... The rich are rich because they've mastered patience and the poor are poor because the primarily lack patience and mostly want instant gratification. #Cryptocurrency
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I'm not sure it's always about patience... it's also about necessity. The rich can hold on for a long time because they never really *need* those assets for anything else.
That's true. The have more resources to be able to wait it out longer on their investment.
Exactly, shared the same opinion without even reading your comment. Would have saved some bites if I had read first, lol.
I think there are many people who are not holding to their crypto because they get to the middle of the month and their Fiat runs out, so they have to cash some crypto out to get by until the next pay-check. I know at least a couple of people in this situation.