I believe that if you have business with cryptocurrency than you take some risk anyway. But it's not that high as some people think.
Well risk is a term associated to any asset you want to invest in be it the traditional asset of the crypto currencies. But you can avoid the risk by evaluating the asset or crypto coin in the market before investing your money. This is a strategy that keeps you safe in the market. One should also be well aware about the basics of the technology he is using and about the market information that will guide him in making good decisions and hence to maximize his profit.
There are different forms and stages of risk management. You must adopt best practices with which best options can be selected. The other way to select best option is, start taking every option under consideration and check every little aspect. How it would be profitable and how it is harmful, the risk associated with it and many others. Then a crystal option would be just scrutinized out.