1/ If you have a $50k portfolio and your goal is to “make it” to $2-5m. You can’t go 2-5k into 25-10 projects. You need to make concentrated bets and unfortunately will have to flip 2-3 of those winners into something that wins again.

2/ Sounds hard? That’s because it is, if it was easy everyone would be a millionaire. The smaller the portfolio the more concentrated. Just make sure you’re right.

3/ If you have a total fuck you fund you can throw 100-500k at 20 projects (with less conviction) and see what sticks. But largely diversification is a meme especially in crypto. Concentrated, high conviction picks.

4/ Focus on the builders and ones that more likely than not will stick around. $LINK $YFI $ETH $LEND $SNX $BSV