1/ I often talk about keeping a high-risk portfolio for blindly apeing into things like my spectacularly bad $KIBA buys.
I'm not a #memecoin trader so when I do buy them I use my high-risk portfolio. This portfolio holds 5% of my total #crypto capital but risk per trader is <1%.
I'm not a #memecoin trader so when I do buy them I use my high-risk portfolio. This portfolio holds 5% of my total #crypto capital but risk per trader is <1%.
2/ I use this portfolio when I want to be a full-on degen and ape into projects with no research.
The money in my high-risk portfolio is not actually counted towards my total capital.
This means that psychologically I can trade this money without fear of losing it.
The money in my high-risk portfolio is not actually counted towards my total capital.
This means that psychologically I can trade this money without fear of losing it.
3/ For all intents and purposes, my high-risk portfolio is already lost. If I get lucky and make a 100x the money is redistributed into my low and medium risk portfolios.
If I get rugged and lose it all 🤷♀️ it's gone anyway.
If I get rugged and lose it all 🤷♀️ it's gone anyway.
4/ I do not know much about $KIBA, I aped in blindly. Sometimes this works out, sometimes not.
Doing this sort of trading with my main portfolio is not smart, but having a high-risk portfolio allows me to satiate the ape insider me when it gets hungry for mindless apeing.
Doing this sort of trading with my main portfolio is not smart, but having a high-risk portfolio allows me to satiate the ape insider me when it gets hungry for mindless apeing.
5/ I am down bad on my KIBA play but it's all good, in my mind the money was lost already.
As for KIBA, I still don't know much about it but I will hold on in case it moons 🤣
As for KIBA, I still don't know much about it but I will hold on in case it moons 🤣
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