Cryptocurrencies are infact risky because they are still very new to the whole trading markets and for that reason very volatile. It's very easy to loose your money if you're not acting with caution.
The risks that come in the crypto world are common, because everything that happens in the crypto world is difficult to predict. keep calm, hold emotion and be patient when the market is unstable so everything will be fine with you. losing money is only for those who are careless and unwary .