I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."
I would want to focus on trading and Investing. But, i want to know what you think on the following;
1. what are the major crypto risks that one should know and avoid by all means.
2. How do we tackle these risks or are there way to tackle the risk?
We can use btc trading and investing as a case study.
First of all, as a major risk I will mention the lack of knowledge. There are many people who are using cryptocurrency even unknowingly. Doing trade without enough knowledge. Many of us maybe don't know how it works and how should do it actually. Knowledge gap is the big thing here.
If you don't know how it works then how can you tackle it. There is no refund system after losing your funds.