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.
As soon as anyone enters crypto trading, there is an inherent risk, and this risk cannot be avoided in conducting trading here. Because no matter what crypto coins we buy, even if we know that it belongs to the top 10 listed in coingecko or coinmarketcap, it still has a real risk. That's why every individual trader must be a risk taker, the type who is ready to lose what assets he/she has.
Second, the lack of knowledge in the field of cryptocurrency also puts us in danger, because of what we think or think is right when the truth is that our understanding is wrong. Therefore, sufficient knowledge is also necessary so that we are not led astray or carried away by beautiful words that in the end we will regret it.