Risks are much higher exactly in the crypto world. Cyberattacks are the greatest problem here, and literally for all. The hacker attacks are becoming more common, and fraud methods are becoming much more sophisticated.
It is possible to prevent them by keeping your wallet keys safe and use a hardware wallet if you the money to buy it. It is considered to be a good security investment for big traders who have a large volume portfolio. Cyberattacks are always there with any digital format commodity or service. You have to learn to protect your funds.
Bitcoin wallets and the large amounts that are traded are extremely attractive to thieves.
Attractive yes, hackable - not so if you secure them.
Crypto exchanges have been hacked constantly, and many of them have to close.
Hence dont store coins there after you are done exchanging. You will be in control of your coins then.