As everything in our life has some risks so does have crypto world. Specially if you are a newbie in this world and starting out you should watch yourself. There are a lot of risks that are hidden and of course a lot that you see from a mile away, you just need to know how to recognise them and that is all. Now let's slowly get into all these risks and how to avoid making them.

Like I said everythin has its risk, when you are born you are going into direct risk of dying on birth and that is how it is with crypto world. If you choose to go all in on one crypto currencie and take all the risk, there is a huge chanche you will lose a lot of money and maybe even everything you invested in it. So if you want to start out in the first place with crypto, don't invest all of your money into one coin or currencie like i said that alone is a huge risk to take. The only way to protect yourself from this risk is to DYOR (Do Your Own Research).

Now the second risk is the fake crypto professors and gurus, i mentioned them in the last article i wrote. Now a lot of those guys you will see in a YouTube add talking about life in dubai and how it is to drive a lambo and all thanks to the crypto and their magic crypto Tipping group where they get all the news and leaks first so they can invest before anyone else and make money. Major of those groups are scamms and working with cryptcurrencies that are fake made just for scam or are legit but easy to market manipulate because of the low price. They will tipp you to buy or sell the coin and while you are doing that they are waiting for their chanche to make money of you. You can very easily protect yourself from bullshit like this and that is buy just downloading an add blocker for youtube, but there are also guys that will message you on instagram, discord, telegramm etc.... telling you that they have the best oportunity for you, you should just ignore it.

One of the BIGGEST risks I saw people do is if you are in a bad financial place and you want to get out of it they will go in DEPTH or put every last penny they have into crypto without knowledge on what to do and how to do it. They will just buy bitcoin and wait for it to go from 20 to 50K overnight so that they can make some money. So many people have lost the little that they had because of that and I strongly advice every single one of you that wants to start please DYOR, it is very important for you to do so or else you might be without money. It will surely take some time for you to learn but it pays off eventually.

This is just a simple and a short post i wrote today bcs one of my friends gave me idea on it, where he personally went in without knowledge and lost everything. Like i said and repeatet few times there are a lot of risk just like in the everyday world you should just be carefull and obtain knowledge.

Thank you for reading I hope you enjoyed it and have a nice day.

By Namkeza.