All kinds of investment have risk, it is minimized by doing background investigation and studying the market flow. In cryptocurrency market, investing in new crypto projects is good for a certain time.  Like for an example, it has been seen that investing in an IEO (providing it is done on reputable exchanges) gives IEO investors a good profit because the price of these IEO goes up after the IEO is done then crash after the short period spike in price.