Can’t believe I’m the only Very at this moment lol. The very thing that drew me to poker was the potential to turn a small amount into a large amount.
The reason I joined CardsChat was to learn how to do that very thing in poker, and it eventually worked. Turning .11 into $8+ was thrilling because of the upside volatility implication. My family rolled their eyes at $8 lol.
I nearly fainted once when a $11 buyin turned into $800+ before I busted out lol. I know many of you have done far better but that moment was a very big deal to me.
Yes, the risks are there in both poker and crypto, and the downswings can be severe. In both arenas, a few people have ended their lives over the downswings, and one of them was only a computer glitch where the kid didn’t actually lose money in crypto but thought he did.
Poker and crypto aren’t for everyone.
But…we’re here to get better at poker. Why shouldn’t we be here to get better at crypto, and learn to participate in both responsibly and profitably?
So yeah, I am just as excited about crypto volatility as poker volatility, and how to manage both.
What does bankroll management in crypto look like, for example. How do you “right-size” your investment? Would love to see these conversations happening more here.