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by COINS NEWS 195 Views

I don't understand how some people are angry that DOGELON pumped...

I also don't understand how others have 100% meme-coin portfolios.

It's simple: some coins are long-term holds, some are alt-season bets, and there is a large in-between section, where you're not forced to liquidate 100% of any of your holdings.

As long as 85-90% of your portfolio is in your long-term holds (BTC, ETH, whatever they are), there is no shame of doing whatever you want with your money.

Heck, if you're butthurt about every person (that's not you) that made more gains, what are you going to do in your life? Suffer over every person's successful house flip, option play, bonus check, or NFT trade? Focus on your portfolio!

The reason you have your assets is because you decided to risk your money with them. That means you're effectively betting with your productivity, expectations, and knowledge. There is a reason why you don't put 50% of your portfolio into meme coins/stocks. And those that do, they can have plenty of different experiences with it: make 100x, lose everything because scam, sell early for 3x gains, etc.

At the end, I hope turning 100$ into 500$ doesn't excite you that much...

On the other hand, did you experience 10x with your long-term hold in the past couple of years? Great, you took the risk of volatility, leveraged your knowledge, put your money where your mouth is, and now enjoy your gains.

Remember, everything has a price set by the market. Some people buy watches, some people wouldn't spend a cent on them. As long as there are buyers there will be sellers, and both of these forces determine the price of every asset continuously.

That's it.

Invest based on your personal circumstances - and this goes beyond crypto: your savings rate, your current portfolio, your earning potential, your emergency fund, your risk tolerance, your expectations.

And if you want to gamble because FOMO or lolz, be real with yourself and do it with an adequate part of your portfolio. If you don't, just don't do it. No need to lose sleep over people who decided to.

Good luck. BTC and ETH are going to infinity in the long run anyway.

submitted by /u/BusinessBreakfast3
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