Talking about cryptocurrencies, of course, it doesn't rule out investing or stocks, in this case, of course we have to be careful in investing because investing also contains risks. The risk here is to lose funds or other assets when the investment does not live up to expectations or even fails. Yes, it is true that we cannot invest and then only expect profits without understanding the risk of loss, but to warn of all possible losses, what steps should we take?
It is good that you understand the risks. Understanding the risks that are involved should be the first thing one should be doing when they become part of a community like this and they want to invest in cryptocurrency. I have seen people who start investing without knowing the risks that are involved, they just think that cryptocurrency is an asset that will just multiply your wealth overnight, and then when they happen to lose their money, they start thinking that Bitcoin is a scam.
So it’s a good thing to know the risks, because when you know the risks, you will be prompted to ask about ways you can avoid those risks and be safe with your investment. Although there is no hundred percent guarantee that you won’t lose, but you can still manage your risks.