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RE: LeoThread 2024-10-21 05:25

in LeoFinance4 months ago

Very true. Most think it like a casino where money just rolls in.

By the way, to expand upon your analogy, if you are a merchant, you best know what stuff to buy and what the market is doing. Failure to know your customer means you will buy a lot of crap that people do not want.

It doesnt fit ideally, but the old adage holds:

In markets, you make money when you buy; you get paid when you sell.

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Seconded.

That's one of the reasons most businesses fails. If a business owner cannot follow up with market trends, that business can only last for a season.