I have a small account I refer to as the 'roulette wheel'. I'm not sure everyone feels the need to gamble on a few fun microcaps but I enjoy it and it helps me stay focused on my goals. I hold two SPAC mergers in that account and both are down about 60%. In my experience that's how gambling works out unless you're the house.
One of them is ASTR which I still really enjoy owning and moderate the board. I've no idea if this VW Bug of the satellite wars will ever amount to anything as a successful company but I like rooting for them and being a small part of their team.