TL,DR: all in on memes is a -ev trade. my port allocation. & reflections on the markets.

closing in on 20X here. entry <700sats

block stats showing all $PEPE holders are in the green.

usually this means selling urge/pressure, but memes are never abt the fundamentals.

someone pm and ask if I ever regret not putting BTC money into Pepe.

tbh I hv only 1% allocated to memes. & dats spread btw a few.

I hv >90% in BTC, and the remaining 9% are combination of usdt, exchange coins, new launches, plus a no of trending coins for quick swings.

I think the difference lies here—whether you’re a punter looking to throw a few K’s in, strike a jackpot & retire with 1 trade, like the many KOL stories you’ve read on Twitter or IG.

or you’re a portfolio manager actively allocating your funds, navigating the crypto space looking for higher than average returns.

coming from a sensible trading/investing perspective, one can all in on BTC logically as a fiat alternative w finite supply;
but it’s hardly justifiable to all in on a random meme coin with no intrinsic value or fundamentals.

even if you bet correctly on one & turn 10k into 1M, then 1M to 100M,…etc; you only need one which goes to 0 to reset your acc balance. and chances you’ll get hit by at least one of those. all in all, a -EV plan (only its full of excitement & adrenaline rush)

after all, in the markets, you always choose what you want.

Profits or excitement?
consistent lasting returns or stories of you know back then when I 1000x dat coin?

market is free which makes it all so attractive & destructive as a free will haven.

And it’s a traders lifework to exercise constraint & build & stick to a working +EV system amidst a vast ocean of freedom & passing shiny opportunities. ✨

#memes
#thoughts
#TraderLife