Degen

This isn't necessarily $degen specific but it does apply

One of the best pieces of advice I can give is that you should never fully divest from this space - that is, you should always leave some cash in to have some skin in the game

You'll pay far more attention and be way more involved vs. if you ever fully cash out

Nice way is to keep different pots of cash. Over a few cycles now, I’ve had a shorter term pot to run up over the cycle and take out towards the end, but a bunch always gets diverted to the forever fund of cold storage.

Then the forever fund seeds the short term pot for the next cycle and goes on and on…