reduction in risk != rise in profit; it means safety, nothing more - nothing less.
Yes, even though it reduces the risk but it doesn't mean you can freely get the profit. Because, it just minimizes the risk like you said. It looks dumb when someone said that you can get profit without no risk, in reality that's really bullshit.
Risks and losses are part of the game but we must learn to accept that reality but don't let it change your goal to succeed and survive. Learn to spread your assets around, it gives us the chance to achieve positive returns in one market when another market is generating negative returns. It's important to be prepared and be informed, aim to learn more about its nature,stay committed and focus.