The risks of trading cryptocurrencies are mainly related to the volatility of the cryptocurrency market, which represents a high risk, it is important that we understand the risks before starting an investment in cryptocurrencies. All financial assets carry high risk, whether through the use of leverage, susceptibility to cyber attacks and errors, unethical trading techniques, or target market volatility.
Risk exists with all investments; it's not just with cryptocurrency investments. When investing in anything, do your own research and ensure that you are satisfied with it. When it comes to cryptocurrencies, be sure to follow up on the project thoroughly and invest only what you can afford to lose so that you can't hold anybody else responsible for your losses.