When you engage in cryptocurrency trading, there are several common risks that you should be aware of. Here are some of these common risks:

1. **Price Fluctuations:**

- Cryptocurrencies are subject to sharp price fluctuations due to economic, political and technical factors, which can lead to significant losses.

2. **Fraud and Security:**

- There are many scams in the world of cryptocurrencies, whether through suspicious trading platforms or fake investment offers, so you should be careful and follow security procedures.

3. **Legislation and Regulations:**

- Changes in government legislation and regulations can affect cryptocurrency trading laws and thus investments.

4. **Wallet Loss:**

- If you lose access to your digital wallet (such as a private key or password), this can result in the permanent loss of your funds.

5. **Low Liquidity:**

- Some small cryptocurrencies may be subject to liquidity issues, making it difficult to sell them quickly at fair prices.

6. **Platform Security:**

- Cryptocurrency trading platforms may be vulnerable to hacking, so you should choose reliable platforms and secure your accounts well.

7. **Emotional Investment:**

- You should stay calm and follow a sound strategy.

Risks and following appropriate protection measures, you can reduce risks and increase your chances of success in the world of cryptocurrency trading.