is crypto industry dangerous ?

[Saldung]

all work must have its own risk
and back again to each of us individually whether we dare to face that risk and also receive the results of the risks we get

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[valtum]

It is not dangerous, crypto industry is risky. It can become more safe if the scam projects will be less. I hope that it be very soon. Menlo.one is projects that can make it a reality.

[komjhq]

It is not dangerous, crypto industry is risky. It can become more safe if the scam projects will be less. I hope that it be very soon. Menlo.one is projects that can make it a reality.

I think that the crypto currency industry is dangerous for those people who do not think with their heads, but are chasing after big and easy prey. I know a person who, for the sake of investing in the crypto currency, eventually sold the house in 2017 and today he left with nothing.

[Topmenx7x]

i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion

If you really wanted opinions you could have read hundreds of threads on bitcointalk with the same subject like this.


ps: Fiat is more dangerous than crypto

Against the backdrop of the ever-increasing use of blocking technologies, the increase in the user base, the influx of new investments, and many other important factors, in the long term, crypto-currencies will increasingly increase in value. Moreover, such high fluctuations of rates as today in the next few years will decrease because of the increasing inflow of capital. Thus, it will be increasingly difficult for various speculators to move the price in the direction they need, thereby increasing the overall volatility of the market

[caeles]

Crypto industry was not dangerous, dangerous was not the right term actually, but risky. The world of crypto is always a risk. You may invest in many projects, but you don't even know if that project is legit, or will it be really successful. You cannot also predict the prices of ever token that you were holding.

[Esterklu]

I think all government and bank structures are afraid of really independent people. When everything is centralized it is easier to manipulate citizens, their minds. But now appears something that there is not under their control and we are listening tales about bad crypto, drugdillers etc But i wont be surprised if i know that all of this storytellers and ban makers actually own some bitcoins or another crypto.

[ulum5]

if I think personally many countries who think crypto dangerous because of the security of its storage. there are some cases in some countries where the crypto storage system is hacked by hackers and results in massive losses.

[deda123]

i think that every investment is dangerous and also cryptocurrency is one of those and you have to face with those ups and downs and to manage them.

[Name_none]

The world is ruled by the most influenced capitals. And when you are trying introduce a something new that can affect to those people they probably will try to save their dominion. But the world not without good people

[DabsPoorVersion]

i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion

it may cause a lot of investment scam in different countries, since using it will make you anonymous or hide your true identity, there is also no regulation, you cant be so sure if you are safe, those countries who banned crypto is just avoiding it to happen.

[Atfirstno]

It is not actually dangerous, the thing is that some governments, analysing the fact the the whole crypto system is decentralized, got to the conclusion that it could be dangerous for their own country economy.

[Tefenyt]

Cryptographic forms of money are hazardous in light of the fact that tomorrow costs may drop to a penny. Additionally now, a considerable measure of deceitful ventures. Nations deny digital money in light of its obscurity and a ton of cash goes by the state. A few nations can't make sense of how to impose individuals who utilize digital forms of money.

[SeXy]

Crypto is not vulnerable, I contemplation the morpheme dangerous is besides hard, where we are prosperous and I aforementioned crypto as cum to chain, in citizen accept wayward opinon as they don't deduce what the occupation is each any and they try to be blusher it be black

[mrphilippine]

Its not that dangerous on my perspective it just that the financial institution of any given country have been threaten by cryptocurrency since it is not regulated. Cryptocurrency can be used as a medium for any transaction in any time that is why some countries don't agree with this concept.

[rvlrshr]

It isn't dangerous, country banning crypto is only afraid of what crypto could bring and what it changes in the industry. the main reason here is the central banks, they are afraid that decentralization would be applied in every country because they can't touch a single centavo from our money.

[quesi_job]

Anything has a positive and a negative side. With regards to your topic, I will take it from the negative point of view.
Crypto could be dangerous in several ways. There have been issues relating to wallet compromising which could be attributed to crypto industry being dangerous. The high rate of losing your funds in ICO investment(due to the rise of many scam projects )and trading is another facet of today's topic on the dangers that is prevalence in the crypto world. However, if you have better education and play by the rule you would be somehow safe(this is not guaranteed because day in and day out all of us become prone to these dangers)
Stay safe!

[JeromeL]

The crypto industry is dangerous for those people who go here with the goal of investing their last money in the hope of getting rich in a short time. As a rule, such people lose everything. I recommend first of all to study what you are investing in. And never invest those amounts whose loss will be a disaster for you.

[jakiro.hovard]

After people lost millions of dollars here asking such a question? Are you seriously? I hope this is a joke and you are fully aware of the seriousness of your question. Of course, the crypto-currency world is very dangerous and risky.

[christina30]

When it comes to the digital currency market every country has its different perspective, the reason why it is getting banned in some countries because they think that it is a threat to their traditional stock market which can cause a huge impact.Bitcoin and uses digital currency as a medium payment method like buying staff in stores.

[engesi]

People are always worried that their wallets are being hacked. How many people’s wallets have been hacked? We should not always prove that the exchange was attacked. In fact, our private wallet rarely hears about hacking.