Risk Disclosure
Koryu publishes research output: market measurements computed from published formulas, and written research about crypto markets. We are not a registered investment adviser, broker-dealer, exchange, or custodian. Nothing on this Site is personalised financial advice, a recommendation, or a solicitation to transact.
1. Measurement is not prediction
The board and the dial describe the market's current, measurable state: momentum, trend position, volatility, liquidity, regime. A measurement of what is happening carries no promise about what happens next, and we publish none. Any use of these measurements in a decision is your judgment applied to our arithmetic, not our advice.
2. Crypto-asset risks
Crypto assets are among the most volatile instruments available to the public. Prices routinely move double-digit percentages in a day, drawdowns of most of an asset's value are historically normal, and a total loss is possible. The market trades 24/7 with no circuit breakers, so moves can complete while you sleep. Exchanges and custodians can fail, freeze withdrawals, or be hacked; tokens can lose their peg, their team, or their liquidity. Regulation differs by jurisdiction and changes; nothing here is legal or tax advice.
3. Research figures are not a track record
Koryu currently claims no performance of its own. Where research articles discuss strategy results, they are disclosed experiments or backtests: hypothetical figures with the limitations stated in the articles themselves, including survivorship caveats where they apply. Hypothetical results do not represent actual trading, and past results, real or simulated, do not predict future outcomes. If a validated product ever ships, it will arrive with its own evidence and its own disclosures, published in advance.
4. Attestation proves integrity, not quality
Our daily snapshots are cryptographically attested. That proves the record existed when we say it did and has not been edited since. It does not prove the measurements are useful for any purpose, and it is not an endorsement of any asset that appears on the board.
5. Your decisions
We do not know your finances, objectives, tax position, or risk tolerance. Do not risk money you cannot afford to lose, and consider advice from a licensed professional who does know your situation. Decisions are yours.
Contact
Questions about this disclosure: [email protected], the Shishin Research house inbox, which also serves Koryu until the Koryu domain inbox is live.