/biz/ - Business & Finance

>>50513732
I sold most of my holdings in november and december. Now that nobody wants to buy is the time to accumulate. Keep in mind that this project has a pretty low mcap, is relatively new, and does have a partnership with a pretty decent exchange. They're most likely here to stay and I find it's way too greedy to not try and buy in at the lowest single digits million mcap.
For what it's worth, I've also bought big caps.
Risk/reward, this might go to zero, sure, but I'm fairly confident they will survive a couple years to stay for bull since they aren't your typical pump and dump scam token that just buys a bunch of shills early on, dumps the token, and then never develops. They're working and focusing on building, and in a bear market this is what I want to see. Most likely they're saving the good and juicy stuff for the next bull market to build hype when a narrative starts to form. I think the chance they'll survive a couple years is well above 50%, and with potential rewards of 10-100x (if not more, depending on how sentiment and overall market goes) it's a pretty decent risk to take.

No fucking way am I dropping something like 100k into this project though, that would just be irresponsible. $100, $1000, pennies to risk for me. Compared to casinos or lotteries it's basically free money with this risk/reward if you diversify. On average you'll hit enough jackpots to make big bucks. I've done it before, and while I know it's not guaranteed I'll do it again I'm going to throw a couple darts and see if something hits while my 80% goes to safer assets like real estate.