If you had 1 million dollars cash how much of it would you keep in a checking account and in your pocket? How much of it would you store away long term?
Think out that and you might come up with your ratio.
If you had 1 million dollars cash how much of it would you keep in a checking account and in your pocket? How much of it would you store away long term?
Think out that and you might come up with your ratio.
#[1]
π₯π LayerZero is going to be listed on Binance soon, so Launchpad on Seedify is live now. ππ₯
π¦π‘ Link: https://telegra.ph/LayerZero-on-Binance-06-18
π₯ PUBLIC SALES INFOMATION: πΈ PRESALE PRICE - $1 - 125 ZRO
πΈMin. Allocation: 0.1 ETH / BNB
π°Hard Cap - 750 000 BUSD
πBuy $ZRO Token on Seedify now π
Good luck π
Tbf this isn't a fair analogy since no millionaire leaves their net worth liquid.
I do get your point tho just being pedantic π
(This is why I love Nostr)
Lol I realized that when I wrote it but the magnitude of money is for ease (we like big round numbers).
Also the on-chain analogy could be keeping it in gold.
How much of that million would you put into assets? How much of it would you keep in a checking account?
You're 100% right, and your point is valid, you would want to keep the majority of your wealth stored away safely.
Like I said I am just pedantic, ignore me haha π