Exactly, In my opinion, the ability to manage risks well and wisely in cryptocurrency is very important. Because with this, we understand what we should do in certain portions. because basically crypto is always risky. So we must be able to manage these risks for the purposes explained by the OP.
but sometimes, many people know about this but don't implement it. because some of them think that crypto can make a lot of money as long as they dare to take risks. But basically, managing risks doesn't mean that we don't dare to take risks, but rather means that we don't get caught in various market and project traps, so that we can know the risks so that we can predict the risks. And this is very necessary. Thinking about doing things in crypto with more control and good risk-management would be much better and useful.