Risk

What, out of all the investments/bets you can make in the financial world, do you think is the most riskiest at the moment and why?

A crypto newcomer, in other words not an established player. Why? As they can fail and as some have posted most do fail.

or

Mining. Why? Simply put they may never find and go bankrupt.

Obviously though these rules also apply to all investments.

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Out of all investments, probably penny stocks. But also start ups and trading options (deadly for beginners).

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Crypto futures seem like they could go wrong like options due to the leverage.

also, china seems like a risk at the mo due to ccp crackdown.