The most important factor for ensuring security today is your attentiveness. All the rest is also an addition to your attention, for example such as hardware wallets. If you think that you are not an attentive person, then you need to buy such things.
Monroe's anonymity is indeed very advantageous, but it is precisely because of its anonymity that the risk of investing may be greater. Many countries will prohibit the trading of privacy coins.
Unfortunately yes. I very rarely submit my documents. But already 5 times passed ICOs that requires KYC. It is certainly very risky. But, if you choose projects very carefully, then the risk can be minimized. Due to the ban of different countries for participation, more and more companies are asking for documents. This is good on the one hand, but very bad on the part of security.
Many people are crazy about cryptocurrency because they are aware of the money they can realize when they invest in it. People are in the crypto world to make money and they want to get rich quickly. That's why the whole world is going crazy about cryptocurrency.