I wrote this in my notes app when I became aware of ledger library exploit. All this writing was spontaneous, and you should definitely heed it.
Crypto is wild west. Scams/hacks, all the new ways to get compromised never ceases to amaze me. Yet, it remains one of fastest way to build one's portfolio, once you have made enough, secure it, diversify in real estate, gold, etc.
You could having million dollars worth crypto in your wallet and next moment, puff it's gone.
Indeed, we can't ignore the risk and possibly losing our money in an instant. A good suggestion is not to put everything on crypto alone but also to consider buying real stocks like gold, land, etc. Because crypto investment is prone to hacking and usually targets wallets that hold a lot of money. However, we can prevent this from happening by using different wallets and spreading funds to multiple wallet addresses but yes, the risk of losing is too high.
I'm not sure if this is a good idea but what I did is that when I got enough profit I withdrew my capital and left my profit to continue investing in crypto.