Bitcoin at this point is not fully regulated which means it can lead to legal and Financial risk , it's transactions are irreversible,  and it has no central  authority to monitor fraudulent transactions, making it easier for scammers to operate, exchanges can be hacked, Bitcoin prices can also be manipulated, so to manage all this risk associated with Bitcoin,

 1.we need to educate ourselves on Bitcoin and its risks,

2. We need to use reputable exchange rates,
3. Diversify our investments
4. Stay informed about regulatory developments and also keep our private keys secured.