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The possiblity of watching my portfolio turn red always and not only turn red But slowly melt to 100 digits. from thousands of dollars to hundred and possibly to 10 because of a mistake of investing in a scam project i though may be fruitful. The crypto market is so slippery that you can loose your funds in a flash. that is what i fear the most. loosing my money with minutes.
I agree that there is nothing to fear about crypto when using crypto if no one knows the access to one's wallet and does not share personal information with anyone no one will be able to hack and there will be no need to recover. If there is any possibility of losing you should try to stay away from those sites go ahead with your own knowledge and experience.
all are afraid of losing, but if you don't want to lose, invest in previously developed coins, don't get new tokens, and rely on Fomo, especially now the trend is defi projects, if you are not objective and selective you will enter the same hole
Three things volatility, regulations and taxes.
My fear is all about losing my money especially if my capital is from my salary loan, that's why I'm very careful about investing.