How Sweet is your Profit?

When we allow our words to speak louder than our actions towards investing rightly we end up giving room to financial failure and setbacks to catch up with us. We have all had our fair share of Rusty’s blessings since the day we joined especially those who have been diligent in their duties as good bloggers and great content creators. Although I know that a handful of others will feel very different about getting a share of rusty’s blessing, I will want to advise that anyone who feels different or is yet to receive rusty’s blessing should try not to give up rather add more effort in what you do on this platform. I have come to understand that what we gain or get over this platform should be a driving force towards getting better in what we do. I think I have said enough therefore let us go straight into the business of the day.

How sweet is your Profit?

Don’t get carried away with the sound of the word “sweet” because it should not be the born of contention rather it calls for a careful observation towards the use of the word. There are lots of sweet things in the world today and people spend countless amounts of money to enjoy this sweetness irrespective of how costly it may be. Have you spent some amount of money to have a taste of some good life? There is a great challenge that faces a lot of people who do not understand that taking a bite from their cake is something they must do in other to lose out from the sweetness. What I am talking about is the idea most of us have when it comes to investment and making a profit. For anyone sincere enough when it comes to investing in cryptocurrency and other forms of business investment, you will understand that there is a thin line between taking profit and reinvesting everything back in a business. This has become the greatest challenge for many especially those who are very new in the business.

While you are busy investing and reinvesting in every business opportunity that presents itself, you must try as much you can to have a taste of your profit. For instance, if you made an investment of $100 and after a little, while you get a profit of $25, don’t let greed take over you rather try as much as you can to take out your profit by doing so, you will be doing yourself a great honour by putting that profit into something else just to remind yourself the effort and sweet taste of investing. A lot of people have allowed themselves to incur a great amount of loss because they did not take out their profit as at when due. Just like we see in the life of traders, you must try as much as you can to have a set target when it comes to investing in any business. When you set a target you must try as much as you can not allow greed to overtake you. This has ruined the business career of so many people out there. Recently there has been a great noise about NFTs on smartbch and a lot of people have been making good cash from it but a whole lot of others are greatly pained because of the mistake of not taking out their profit as at when due. This is an attitude you must cultivate as a crypto investor if you wish to survive the seasons of the market.

The conclusion of it all is that nothing lasts forever therefore when you see a certain token on the increase, don’t get carried away and forget to take your profit as soon as you can. This is not just for crypto traders but for anyone who engages in one business or the other. Knowing when to take a bite of your cake is very important and you must try as much as possible to do the needful at all times. As you invest in a business, never forget that there will be a time when you just have to take your profit or you may end up losing your capital. Thank you for reading my post today.