The Whale cryptoinvestor versus the Minnow Cryptoinvestor
I enjoyed reading your post, and you make two very good points.
Relative Risk
- The first difference between a Whale and a Minnow is what I call relative risk.
- If your a whale, risking 1000$ loss is nothing.
- But if your just starting out, the loss of the same 1000$ could wipe you out.
Different points in the investors journey through time and knowledge.
- The whale has arrived near the end of their journey, but a smaller investor is just starting their journey.
- Its easy to take losses when your sitting on a mountain of cash, at the end of your journey to success, via a well worn path.
- The smaller investor travels a newer path, with many risks still yet new to them.
- So even when they both make the same investment...
- the Whale sees things the Minnow does not,
- the Whale takes precautions the Minnow does not,
- for the Whale can anticipate things, the Minnow can not.
- In this way, even though both the Minnow and the Whale share the same dream, they are at different points in their journey and differe4nt stages in the learning process.
- To assume the same risk, without the same knowlege to manage it, is unwise.
Posted Using LeoFinance Beta