First of all, I feel the beginning of the Title of this thread should be The Risks and not The Ricks, check that and edit the post.

You have made valid points, most of these risks are not unpopular/unknown and they are worthy of been put into consideration as someone plans to start his/her journey into cryptocurrency. But I also want to note that there's no investment without risk, one should just know the kind of risk they are willing and capable of taking before venturing into any thing.

Without taking risk, we might not take profit, but we shouldn't risk more than we are capable of (can afford). While taking risk is good, it is not short of common sense employment.