>but I believe this arbitrary number is probably way too high for a crypto currency

Well...

There definitely is a risk to burn it all down.
It's still a small capital. I would rather risk it.
Ain't my day job, just a hobby.

And I don't think that's actually the case.
I mean - running this for couple months already.

Aim isn't steady income.
Aim is to snowball to absurd numbers.
That requires quite drastic measures.

Somehow disliked optimalF.
I guess there were some certain rationale behind the formula, but to me it felt akin to Fibonacci levels or Elliot waves.
Weird.

Haven't heard of Kelly criterion.
Thanks for hooking me up - literature looks sort of promising.
Should hold something useful.

>but with small variations for each asset

Not quite. I think the biggest gains comes from very asset-specific tweaks.
Base ideas for similar assets do remain same though.