Part 2/9:
Joe emphasizes the importance of placing small, controlled bets when delving into volatile assets like meme coins. For instance, if you were to invest $50 million into a particular coin and it fails, the fallout could be catastrophic. In contrast, investing a mere $2 million limits your exposure substantially. Should it drop 50%, it stings, but it’s manageable. Conversely, if it skyrockets, a 100x return could lead to massive gains.