@hemnkurd
โ๏ธ READ READ READ ๐๐ป part 1 :
Professional Guide to Crypto Asset Engagement
# 1. Knowledge Precedes Capital
- Technical Foundation**: Understand blockchain fundamentals, consensus mechanisms, and smart contract basics before allocating funds. This isn't speculationโit's technological adoption.
- Ecosystem Literacy**: Distinguish between Layer 1 protocols, DeFi primitives, and application layers. Each carries distinct risk profiles and value propositions.
2. Risk Management as Religion
- **Position Sizing**: Never allocate more than 5% of liquid net worth to speculative crypto assets. Consider this capital fully at risk.
- *Cold Storage Sovereignty**: "Not your keys, not your coins" remains absolute law. Hardware wallets for significant holdings; exchange exposure only for active trading.
- *Psychological Preparedness**: 80% drawdowns occur regularly. If this prospect induces panic, reduce exposure until emotional detachment is achievable.
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