In order to reduce the risks of cryptocurrency, you should remember to diversify. I think this is a good way to get rid of risks.
Diversification the only method to reduce and to avoid big risk. I mean to say even after diversification, we will be having risk but it will be at affordable levels. We must understand the fact that no one could eliminate the risk completely from any investment opportunity. But there are many methods to manage it effectively, the one prime of those method is diversification.