Quote:
Originally Posted by jcardstore
For most of the people at the top in terms of "value". Their account values are tied almost entirely to super high value moments rather than actual cash so they're really just paper millionaires.
I'd imagine it's not very easy to sell a hundred thousand dollar moment and when 90% of the big guys portfolio values are in 5-6 figure moments they aren't cashing out anytime soon.
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Those whale accounts aren’t anywhere near their evaluations. It’s very difficult to move a $1000 moment much less the stuff they are holding. I have/had a top 1% account for a long time and my evaluation is below $20k. The buyer pool for high end is extremely limited.