Can we point out the risks that one faces in investing crypto assets based on these:
1. As a retail investor
2. As an asset manager (hedge fund business)
3. As a trader.
I think that the risk is the same for the different kinds of investors,if we are talking about a 100% cryptocurrency portfolio.
Why do you think that the risk will be different for a institutional investor and for a small crypto trader?
If the portfolio is filled with different kinds of financial assets,and the cryptocurrenies are 5% only,then the risk is way smaller.The big investors usually have big and diversified portfolios,so the risk of having Bitcoin in their portfolios is lower.A small crypto trader usually isn't building crypto coin portfolios,he is more focused on day trading.A portfolio,which consists of 100% Bitcoin and altcoins is pretty much pointless,because Bitcoin and most altcoins have the same price pattern.