I agree with Rick to an extent. It’s easy to pick up garbage and think it will sell as gold. I have a lot of garbage names myself, and I can’t wait for them to drop. I really just want to delete them now, but that doesn’t make much sense when dealing with a numbers game. However, a reboot or mass shedding (deleting) would be very beneficial and refreshing to my psychology. Truth is, I’m somewhat of a minimalist, with the exception of cash and equivalents. I don’t like to own a lot, but what I do own is quality. That’s my style of living, and that’s what I’m working to make my portfolio reflect… I’m now working to only pick up names that I really really like and find attractive. If it’s good, but unappealing to me, it now has no place in my portfolio. I’m a collector, and I want to enjoy my gems unemcumbered by dirt. It’s gotta be beautiful.
Furthermore, if people will shed their shit, the marketplace will be much more appealing. I’m tired of seeing platforms saturated with bs names at premium prices… If people would adhere to what Rick is implying (quality over quantity), which makes a portfolio a hypnotic attraction, then the marketplace would reflect such intention…
If it doesn’t turn you on, don’t touch it.