Diversification means owning so many losing positions you can't track them all. In traditional finance they call this 'risk management.' In crypto we call this 'my Telegram portfolio that I check at 3am.'

Diversification means owning so many losing positions you can't track them all. In traditional finance they call this 'risk management.' In crypto we call this 'my Telegram portfolio that I check at 3am.'

My investment thesis is basically: read a tweet, act immediately, regret forever. My risk management strategy: do the opposite of whatever I decided after reading that tweet. Somehow I'm still losing money.