The cryptocurrency market has more risks, but also more prospects. If you understand how it works, you can increase your financial position much faster and much more than with investments in the stock market.
The Crypto market is more promising in the future, and it may become a new trend, but the risk is too high, and many people have gone bankrupt because of investing in Crypto. But the stock market is too bleak, and profit is not big, the risk is lower than Crypto.
It's wiser to diversify one's investment on crypto and stock market. Each has its advantages and disadvantages. While both has risk with it. I agree that stock market has lesser risk than crypto although its possible profit is lesser. Thus to investment safer, it's better to diversify one's investment.