If you really want to do it, I'd go half. At most. 10% of your stake seems like too much. That's a pretty large chunk to overcome if it goes upside down. 5%, while still a good chunk, seems more reasonable to put on something so speculative. If it works, you're halfway there on one investment with the opportunity to make up the other half with the other 95%. If it doesn't work...well, going up or down $5k in value with our portfolios seems to happen on a weekly basis these days. lol It just seems a much more reasonable number to overcome.
That said, the biggest factor may very well be just limiting your downside. If you can put a plan in place to make sure you don't take the full 10k haircut if things go south, then maybe you can do it all. The problem with that is that with something at such a low value, it doesn't have to move very far to change the numbers in a big way.
We can just go with the cliches:
"Go Big or Go Home!"
and...
"Fortune favors the Bold!"
and all that.
Of course there's the old standby:
"Pigs get fat, Hogs get slaughtered." lol
The real question I think has to be, are you going to be more upset if it works and you didn't do it? Or if you do it and it doesn't work?
I've got a couple things I didn't do that could have made me a fortune and it doesn't bother me a bit. Sure it would have been nice but the risk would have eaten me alive.
On the flip-side, I've done a couple things that didn't work like I'd hoped and they tend to bother me a little more. So, for me, like I said above, I might do something here, but I definitely wouldn't do the full amount.
Just my thoughts. Whatever you decide, I'll be interested to see how it turns out. Good luck!
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It is an interesting thought process, and the cliches are appropriate. It's definitely not the only option, and safer ones will work. But it would mean that I could compound more effectively the safer options, to grow them also in the long run.
Might accumulate to that level over time, rather than risk funds intended for other things in one hit. A DCA, plus compounding option might be the best approach.
Thanks for the detailed input, much appreciated.
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