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..
Yeah. I think all yu need to do is plan your techniques and be wise. Stay focus and believe in yourself. And most important is to adopt the environment in this industry because by this I know you will survive and avoid from a risk.
Even if you are planning your techniques or maybe creating great strategies, I don't think you will be able to manage the risk of investing on crypto currencies. I think it is not managed but investors can adapt to the great and fast change the price of Bitcoin and crypto currencies are doing. As an investor of cryptos, you must be able to adapt on the volatility of it unless you will be having a trouble on when you will be buying and selling your investment on the market that will give you a profit.