stock market is not safe either. if you have been in the market for some time, people are also losing money in stock market, its almost the same thing here in crypto you have to check the news and what is going on to the development of the project and to the team as well. if something happen to them or to the project the prices drops just as in the stock market.
This two kind of investment are both risky for me it's same characteristics up and down the value. Some people investing in stock market are losing their money just like crypto it is unstable even you make researches not all people investing in stock market got successful.
Crypto is a real life too. If it does not then why are you here. Well they are almost the same, they are both a market in which you can invest in. But there are pros and cons. But people now a days focuses on the profit, therefore crypto is highly applicable for the people who seeks high profit. But it is like a mental game. You need to be wise.