If you’re still figuring out crypto, stick with the big three: Bitcoin, Ethereum, and Solana as your biggest position.
Anything else is just asking for trouble.
Narratives can crash fast and end up in an ICO graveyard quicker than you can say, Sam Bank-Rupt Fried.
Just typing those names gives me PTSD.
In a bull market, all assets rise optically, so picking the fastest horse in the race on a risk-adjusted basis is how you win.
In other words, if its price appreciation potential is high but it’s a high-risk asset, I don’t touch it.
More users = Less risk.
But having a solid user base (i.e. Bitcoin) can also mean less price appreciation, so I’m trying to find the sweet spot.
According to Metcalfe’s Law, a network’s value is driven by its users, and each new person who joins makes the network infinitely stronger.