This is actually one of my unofficial guiding principles.

I don't invest significant resources frivolously but I'll nickel, dime, and occasionally, dollar things I don't particularly believe will offer anything of significance but seems to have the kind of appeal that would garner enough interest for a brief moon, simply because it's another way I get to "flex financial muscle" I've never had before.

At any time in my life I could've thrown $1-$100 into something if it had been an option, but since lotto tickets are the only thing one could play with back then it was foolish to participate.

Now the "lotto" is just as legit as anything else out there, so there's no reason not to buy a million FUDCOIN, or whatever, for $1. It could moon just because it has a funny meme name. Plus, as someone pointed out in another post somewhere... it's nice to own a million of something. Since most of us have never had a million of anything.

Obviously, one should do research but one of the most understated, and in my opinion, undervalued aspects of this whole space is the ability to bet on a long shot, that's less risky than the term traditionally implies.

I mean seriously, why not gamble once in a while when a few nickels might open the door to financial prosperity that was considered outrageous fantasy only a decade ago?

Prime example: dCrops.

I bought 100 alpha packs for $200 just after the presale ended and got 10 bonus packs. Last week when I checked they were trading between $6 & $8.

Granted, with the recent success of Splinterlands, and the similarities between the two, this didn't seem like a long shot, or even a gamble, to me, but my point is that wouldn't have been possible for me just a few years ago.

In order to increase my holdings that significantly my only option would've been to buy lotto tickets and hope for the best.

Now, even having no formal financial education or experience, I'm in the same position as any wizard on Wall Street. I have options. I have resources, even if it's just the occasional spare dime leftover from a liquidity pool pairing, and I have the capability to research serious investments and junk alike. It only makes sense to use these resources to the fullest, and Doge, Shiba, and all the other stuff out there that’s mooning with no real explanation is solid evidence to support that claim, I think.