Thread by @Dolarpo

I really worry for how people are throwing caution to the wind on crypto investments. On a risk scale of 1 to 10, with 1 as risk free close your eyes & sleep investments and 10 as high-risk., can't sleep investments, crypto is an 11. When you add leverage, the risk is multiplied

The saying is that, "the higher the risk, the higher the potential of return". Crypto has a high return potential and a high risk of losing your entire investment. So you're never meant to put more than you're willing to lose in it if you must invest. It should never exceed...

what we call your risk limit or 20% of your portfolio or 5% of your net worth. So when you tell me you invested $10k, you're telling me you're willing to walk away from a $10k loss and so on. The next question is what % of your portfolio or net worth is $10k? If material, you're

Either being reckless or too risky. Might work out once or twice for a big payday but the day it goes sideways...well, it's also going to be a big loss. Always have risk at the back of your mind when investing. The best portfolio manager is not just the one who generates the most

...returns but the one who does it at the lowest possible level of risk. Are you ready to walk away from your current crypto portfolio? At the same time, investing $50 is not going to make any good money even if it does 500%. So you don't want to spread yourself too thin.

You can't do every COIN. You shouldn't. Be happy for those and move on. FOMO is dangerous. If you missed 'Dodgycoin' don't worry you'll have enough profit later to buy another one.

As you were...