Taking 'profits' is for everybody

This post is in response to another post from yesterday here

Alot of us often feel like we don't invest enough in Crypto to really make a difference in our life, me included.

The usual case for normal folks like us who are working a typical 9-5 job at the fiat mines making just enough to maintain ourselves and have a bit of money to spare to invest in Crypto or Stocks.

Ofcourse everybody has it differently, for some $100 Dollars is alot, and for others $10,000 is their annual savings.

This sub is home to so many different people all around the world, plenty of times we don't think about the situation of other people here.

Not everybody is blessed with being born in a well developed country or with great parents and a beneficial enviroment.

The most of us have to work hard for the money we earn and can't be reckless, so when investing in Crypto, the less fortunate have it way harder than the others.

For example:

A less fortunate person invests $100 Dollars (buys him groceries for a week) that he can spare and sees it going towards $200 Dollars, for him it might not seem worth to sell for merely another week worth of groceries.

Unfortunately he didn't take profits because he was hoping it goes to $500 Dollars to make it worth his while.

Meanwhile a more fortunate person invests $10,000 Dollars (his spare money for the month) and sees his Crypto going towards $15,000 Dollars and he decides to sell everything, making an impressive profit.

Psychologically, it's harder to settle for $100 dollars in profit as a poorer person compared to a wealthy person who has relatively less invested.

Even though the less fortunate person wasn't satisfied with his profits, he needs to stay realistic and take profits whenever he can and be patient.

Rome wasn't built in a day but it burned in one...

TLDR: You need alot of patience in this market when you are less fortunate, either way, absolutely nobody should spend more than they can afford, this goes for the fortunate people and less fortunate people.