/biz/ - Business & Finance

>>50341937
Even 30% is too high. What I had in here was like 1% of my folio but it turned into 5% after dumps. I should have reallocated honestly but you know what is worse than 30%? 100%.

If there's one lesson here to take away, it's that you really need to evaluate risk management. That whole "never have more than 1% of your portfolio at risk" shit isn't just a meme (although really should dig into it beyond that). And yes that goes for native staking too when that comes out (of course I'm sure smug linkies will tell you that its technologically impossible)

I'm unhappy yeah. Essentially 20% of my networth is getting wiped by these things at once. I've also realized I should have moved mkre into stocks and Bitcoin. If your takeaway from this is ONLY "not your keys not your crypto" and you failed to learn any lessons about risk management (especially with the massive doomping this last year) then you've basically failed and you'll make more mistakes that aren't just Celsius tier or bancor tier stupid.

I live in Colorado and leftists are ruining my fucking state