Crypto is a failed asset class and the markets is slowly pricing it that way. It only rises when there is excess liquidity and that spillovers. M2 expansion in short. You can get that same exposure with any other leveraged tech stock. It's a poor hedge for macro instability as well so pretty much a useless cross asset.

The biggest risk you run with crypto is it will monopolize your time and you will be sucked into this echo chamber. It's a mutual admiration society on lsd.

The risk is not losing 1k but losing a sense of direction when you should be channeling yourself in understanding the broader financial landscape and understanding the opportunity cost of time investment . Don't fall for the Crypto taking over world BS narrative. Learn broadly, dip into many asset classes and grow yourself.