* Not Risky
Maybe a better term is "less risky". Although we do know how volatile cryptocurrencies are compared to stocks, forex, gold, and real estate, at least responsible long-term investments negate the effects of constant ups and downs in the market. But I will never call long-term cryptocurrency investing not risky. If it is not risky at all then there is no need to create tips like watching its volatility and investing only a portion we can afford to lose. If there is no risk, then we can just all-in invest all our funds allocated for long-term goals.
Every investment has risk especially with this technology wherein cryptocurrencies are having too volatile market value. The prices move from time to time and that includes both upward and downward direction. Long term investments might save an investor from a higher degree of worry because if you are in short term investment, you'd be more attended with every pump and dump unlikely with long term investors which are setting timeframe of when to enter or exit. But as mentioned, risks are still there. Long term investments are also prone to huge losses because you won't be pulling out your asset on a small dump, problem is there are times red marks are becoming long and continuous, so be cautious of it if you are planning to engage with long term investment.