You can reduce your own risks by ensuring you consistently adhere to good security protocol.

Use strong passwords
Use computers that are clean of malware with current reputable antivirus
Store your HODL stash in cold wallets or a Trezor
Don't keep crypto on exchanges unless trading with it.
Always use dynamic 2FA wherever you can.
Don't tie your email address to your cellphone number.
Txt is insecure and phone jacking is a real threat.


For loss due to market fluctuations.

You can short and long positions to hedge your risk.