We also need to add that, although cryptocurrencies are considered a good place to make money because they can generate huge profits quickly and help us improve our finances or become rich . But besides that , it also contains many pitfalls and risks that can make us lose money or worse, go bankrupt if we do not have enough knowledge .
Overall, when comparing cryptocurrencies to traditional sectors, cryptocurrencies have the potential to generate higher returns but also come with more risks . Therefore , anyone who wants to try their hand at cryptocurrency needs to know that it is very risky and requires a lot of trade-offs, making money from it is no easier than other traditional fields .
It comes back to a person's understanding of the crypto world and most importantly can choose to invest in assets that are much more fundamental so that risks can be minimized. I am sure there is almost no risk if bitcoin is the choice, but it takes ability and knowledge to live it so that when the price drops people do not sell because of panic. If you want to minimize risk, then the choice is much better bitcoin because this asset is quite fundamental and has been tested throughout time according to the journey in the market.
Everything related to money must have risks, but how can these risks be minimized properly. If not, maybe bitcoin is not one of the best because people see that there are many risks in it. But the fact is different because even though there are risks, bitcoin always provides maximum returns if invested properly for the long term or short term.