I think bitcoin is now not risky as earlier because now bitcoin is spreading in this world. Earlier only some people know about bitcoin and has holding large ammount of btc ,dump is on those hand but now many people investing in the bitcoin and it will not going to dump very easily. With limited circulating supply bitcoin is not risky as I understand.
Every investment is risky but with Bitcoin I have a peaceful mind with it because it is not to be affected by inflation, crisis or anything that results in a decreasing value over time. Even millionaires like Robert Kiyosaki told viewers to invest on Bitcoin, gold and silver because these assets will surely be profitable and prices will skyrocket anytime soon. Everytime the price goes up and down we will benefit from it unlike the fake fiat where only rich people will become richer. To eliminate risks we should always be aware or a risk taker if we want to achieve financial freedom.