Risk: High

Cryptocurrency day trading and swing trading involve high risk due to the volatile nature of the market. Beginners may lose money, time, energy, and confidence if not well-prepared. Many beginners have spent money without seeing returns, and startup costs like trading fees and software subscriptions may not pay off immediately. Online discussions often mention failures and losses in this field. I'd rate the risk a 1 out of 3 because there is a high chance of losing money and time, with many individuals experiencing losses if not cautious.