First of all everything in this world is a risky gamble..every kind of investment are risky too ...but ofcourse for you to be able to manage risk in every investment especially in crypto currency you have to every little thin in it up to the biggest once ..how is it work.is it scam or not..and most importantly dont ever ever trust to anyone that says to you give them money and they can doouble it...so all you need to have are awareness and commonsense..
I agree with that, and in my situation I usually play safe for those unusual things that I am encountering. I guess to minimize the risk that may occur to ypur money you should have a great and legit information gathered regarding the project or entity you would like to invest your money, and you should have contract if necessary so you have the capability to have you money back and as well the faith that it would be successful, gut feel is not advisable but it really helps.