A BRIEF GUIDE HOW TO PLAY YOUR PORT
Got many questions lately how I would play different portfolio sizes. Figured might as well make a post of it.
This is how I would do it. There is no best way.
General rules of thumb
✅ No futures
✅ No leverage
✅ No depositing TVL anywhere
✅ No illiquid stuff (like NFTs)
All figures are based on, let's say, someone who makes $50k-100k a year. If your annualized salary is lower you should scale down accordingly (but not 1:1 as gas might be a factor).
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< $5k portfolio
⭐ No positions longer than a week
⭐ Risking hard but taking profits aggressively
⭐ Exit positions completely
⭐ Become guru at wallet tracking
This is hard. You should be taking risks here to aggressively increase portfolio size. But; take profits early. Better to grow quickly to $25k and missing out on a x100 than roundtripping gains.
You need high velocity of funds, don't sit and wait for bags.
I would not bother with airdrop hunting; it takes a lot of time for uncertain outcomes, gas/bridging costs can be considerate.
Personally I would ape shitters on chains that are meta (ETH/SOL). I would not snipe, bribing too expensive. Would aim for first dips on sub $200k mcap shitters, max ape $200.
Buy a second/third screen. Have 5+ TG windows open. Learn to operate Banana Gun. Start wallet tracking, monitor deploys. Don't add more after initial $200. And most importantly; read the thread from @cryptosiem 20 times until you can rehearse every bit.
>$25k portfolio
⭐ No positions longer than a month
⭐ Take profits aggressively
⭐ Exit positions completely
⭐ Aim for presales/seeds etc. ($2.5k max)
Actually still the same as above, but increase ape size to $500-2000 depending on how early you are. Don't ape dips of coins above $5m market cap, you still need velocity of funds.
Could start sniping if feeling comfortable with it; test the waters first with small amounts.
Majority of port should be in an active state permanently and being deployed. Funds not being deployed in dips should be put in presales.
Presales are not always good but generally they print. Diversifying is key here; never go all in one coin.
If you have a lot of spare time, you can airdrop hunt in the hours that are not prime time but only if you have a lot of time leftover. Invest in a hardware wallet.
>$100k portfolio
⭐ 50% cycle portfolio, 50% "investment" port
⭐ Leave moonbags
⭐ Aim for presales/seeds etc. ($10k max)
⭐ Don't buy anything over $50m mcap
⭐ 20% stables for big market corrections
Use 50% of your portfolio to cycle. Feel the meta, watch influencers and ape accordingly. Still not a bad idea to what you did before with idle time; you probably became good at it.
Remember, time is a resource. You want to squeeze the most out of your $/minute. It's better to turn $1 into $3 tomorrow than the same $1 into $10 next month.
That's why anything above $50m market cap gives x's that are too slow. Aim for new stuff with lots of volume, volatility is your friend.
Presales with vesting are fine, as long as you're early in the market cycle. Stay liquid, though.
At this point I would recommend applying for a crypto credit card and using it for IRL expenses. Good way to take profits on your port gradually. Even if all goes to shit you will have something to show for.
>$500k portfolio
⭐ 2-3 high conviction bags
⭐ 5-10 medium conviction bags
⭐ Aim for presales/seeds etc. ($25k max)
⭐ Don't buy >$100m mcap except high conviction
⭐ 20% stables for big market corrections
I still don't see a reason to buy anything above $100m market cap other than maybe 2-3 bags. Yes, it can still x10 but the chances are more slim than with a $10m market cap coin.
Don't stake your stables, smart contract risk/CEX risk is not worth it. Airdrop hunting not worth it.
Ride your high conviction bags (= 50% of port) to Valhalla, meanwhile rotate your medium conviction bags a bit. Take profits on these. Could be that these are presales, can also be meta plays.
>$1M portfolio
⭐ 2-3 high conviction bags
⭐ 5-10 medium conviction bags
⭐ Aim for presales/seeds etc. ($50k max)
⭐ Don't buy >$100m mcap except high conviction
⭐ 20% stables for big market corrections
⭐ Buy 5 BTC
Not many changes here, I'd just definitely recommend buying some $BTC to be hedged if DeFi goes to shit. I wrote about this, I will link the thread in comments.
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As you can see, you need to max $/minute in early stages. Quick profits, high velocity are crucial for ramping up your portfolio quickly. You don't have time to turn $1k on $TIA / $JUP / $FXS into $2.1k
Of course you don't agree, this is completely fine. Just putting my thoughts out there to help small guys. There are other ways but there are some sound concepts in this guide.
What is “Left Curve” and why has it been such an effective strategy this year?
It’s funny because trying to write a intellectual post about being “Left Curve” is counterintuitive and borderline stupid but here I am
Keep in mind this post is referring to trading strategy and looking at things from an alternate perspective and is NOT encouraging you to be dumb… We should all strive to grow our minds
For those of you who live under a rock, “Left Curve” thinking originated from the meme I put below
Most people get caught in the middle of the curve, aka mid curve but why?
Well we all like to think we are some what intelligent and logical and in reality we are… but sometimes that can hurt us more than help us
In the wild world of memecoins… sometimes less is more… and sometimes less means literally less IQ, less thought, less reason, and more impulsiveness
Now this is a bit touchy because you should NOT be impulsive with your money. You should NOT buy memecoins with intent to profit. I’m still encouraging you to do your due diligence and research. Make responsible decisions. I gotta say these things but ANYWAY back to business…
Look at $BITCOIN for example. No not Bitcoin, i’m talking about Bitcoin… aka Harry Potter Obama Sonic Inu 10 token
This is by far the stupidest memecoin we have seen this year. The name is long and dumb and confusing. The branding is absolutely hideous. The website looks like a scam. Their NFTs are genuinely scary. Yet here it is today, one of the most beloved memecoins of 2023. Why?
Who cares why… that’s kinda the whole idea of “Left Curve”
It’s funny. Boom there is your why. It makes u laugh when you think about it, Boom there is your why. Sometimes all it takes it 1 dumb reason for something to work.
The people who bought $BITCOIN early are not some wizards. They probably saw it shilled in a Discord, checked it out for 5 seconds, and bought it cause it’s funny. That’s the Left Curve play.
Not everything needs utility. Not everything needs an existing meme. Not everything needs good devs. Not everything needs good art. Not everything needs everything. Some of the best plays in 2023 just have 1 thing… and that 1 thing clicks with people.
Take $pepe for example. Everybody loves $pepe and the token doesn’t actually do anything but it just represents the love for Pepe in the crypto community. That’s ALL it needs. Some people can’t wrap their head around the idea of enjoying something that doesn’t really do anything or solve anything.
People have really gotten behind memecoins. It’s easy to see why… they are fun. People love fun. People love to gamble. Memecoins are here to stay and if you can see it from a “Left curve” viewpoint it makes way more sense.
How many failures have you seen this year from crypto projects that are aiming to deliver something? Look at FTX. Look at Luna. Look at Curve. People are so fed up with trusting things. Memecoins are like that first sip of Iced cold Coke after a long day working and grinding. Refreshing.
It’s been refreshing to buy some $pepe and enjoy the memes knowing my fate is in the hands of a green frog and not some random guy trying to build a company by over leveraging his life.
The same goes for a lot of NFTs out there. Not everyone cares about the utility or what they are “building.” Some people just want something dumb to look at and laugh at. I collect a lot of NFTs just cause they make me laugh. Goblarinos are a great example.
Crypto and NFTs can be so much fun when you stop trying so hard to understand it all and explain it all. Try just enjoying things and enjoying the ride.
Ask yourself, why are you here if it’s not fun for you? If it doesn’t bring you joy maybe take a step back.
I believe blockchain technology will revolutionize a lot of industries. I also think memes are the easiest way to onboard people to crypto and NFT technology.
Thanks for reading my unorganized rant. Appreciate you and have fun left curving friends. 🙏🏼
Day 1) $2000 to $690,420 challenge
Rules are simple:
- All in on the strongest horse
- No risk management, zero or valhalla
Track wallet here:
0x00ce2555a706609375ed7605557812da140f9ce6
Inspired by @0xprerich
Anyone who declares they know the future path of any market is a fool. Markets will ALWAYS surprise.
Yet, with this disclaimer, I believe:
1. The $BTC bottom is in
2. New ATHs not coming until Q3 2024
3. Chop fest in the meanwhile
I've used this blueprint for approx 2 years