Risks of cryptocurrency trading:

1. **High volatility**: Cryptocurrency prices change sharply and rapidly, which can lead to large profits or large losses in a short time.

2. **Fraud and hacking**: Since cryptocurrencies rely on the Internet and technology, they are vulnerable to hacking and fraud. Some unsafe platforms may be a target for hackers.

3. **Lack of regulation**: In many countries, cryptocurrency trading is not fully regulated, which means that legal protection for investors may be limited or non-existent.

4. **Uncalculated trading**: Investing in cryptocurrencies without adequate understanding of the market and the technology associated with it may lead to making wrong financial decisions.

5. **Loss of access to digital wallets**: If you lose your password or encryption keys for your digital wallet, you can lose your money permanently.

6. **Environmental impacts**: Cryptocurrency mining consumes huge amounts of energy, which contributes to environmental problems in some cases.

7. **Market Manipulation**: Since the cryptocurrency market is not well regulated, manipulation by large players (“whales”) can significantly impact prices.