I can only imagine myself gambling with only 5% of my discretionary income on alt and meme coin because it's an amount am willing to lose easily, though some desperate and ignorant investor invest heavily on alt and shit coin alike but it's mostly three things that will make them do that, which is misinformation, uninformation or greed, without this three things, their is no way and invest will invest heavily in alt and shit coin, but nevertheless, I believe that the best approach to it is by investing like 95% of my discretionary income on Bitcoin, then the remaining 5% I might decide to gamble with it with alt or meme coin, that's my own way , when considering gambling on alt or meme.
Your comment is very misleading. A new investor can face a lot of losses with your comment. Because you should always invest in Bitcoin and never in Alt or Meme Coin. What you are saying is that you should invest most of your investment in Alt or Meme Coin and invest 5% in Bitcoin. By doing this, a person can face a lot of losses. Because Alt or Meme Coin does not have a strong network system. If you save these coins for investment, you will face a big loss very soon.
Hey man, you going reverse on what @Barikui1 has clearly explained about how he would rather invest with hia discretionary income. He said 95% for bitcoin investment while he gambles with the 5% left to altcoins. For me he is even very lenient allocating 5% to altcoins, I'll rather go lesser than 5% because altcoins are absolutely shits which are manipulated to enriches only the developers of the coins at every pump and dump. It's only an insane investor that would take altcoins seriously by investing so much into them when he can securely do same with bitcoin on a long term projection and be sure of profitable returns.