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.
Yes, it is up to the person how can he take the risk. I have seen many people who invested in crypto but can't afford to take the risk, a little down in their portfolio already shaken them, any investment whether it is traditional or crypto there will be risk, it is now always rainbows and butterflies there will be some time that you will be losing more, more than you expected to gain in trading. Market is volatile especially in crypto, if you don't have a strong mind and heart in crypto it is very hard to cope with bear market like nowadays.