Alpha Finance and THORChain
I’ll confess something. At one point last year I had both ALPHA and RUNE. Small positions. I bought them because:
(1) I liked the general idea of what they were supposed to do
(2) I saw grassroots support for RUNE
(3) I saw power-user/expert type support for ALPHA
But I sold them both, basically flat.
I did that because I deliberately forced myself to have a bias not to invest in things I’m not using or that are not live.
There are exceptions, of course, if the project is just launching, but that wasn’t the case for RUNE or ALPHA. I wouldn’t have the conviction to increase the size of the bet otherwise.
What I’m considering now is having a small portfolio for these assets. Keep it small, but also not trying to trade them. Would act as both FOMO prevention and, if (2) and (3) are good leading indicators, a beachhead of sorts into a bigger position later on.
