is crypto industry dangerous ?

[quuyt4]

I think the encryption market is dangerous, and at least many people in this year's market have lost a lot of money. Because the price of cryptocurrency has fallen very sharply in this year's market, and prices have continued to fall, continuing to this day.

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[esjsr]

Encryption is not yet mature enough. Hackers can always take advantage of the various vulnerabilities of encryption technology to serve themselves

[ronaldo macus]

crypto is a new market, if you invest in thfi you will be very easy x2, x3 capital but accompanied by venture capital is at risk of being scanned and losing money.

[rollingstorm45]

all depends on one's perspective
if a large investor joins the cryptocurrency community, they can change risk into an opportunity
but it can also be a big risk, if they don't succeed in holding patience on the related project
cryptocurrency can make you a king, and also cryptocurrency can make you a poor person

[MrLBE]

Before investing or speculating in ANY cryptocurrency, it is important to fully understand that the price could collapse to almost zero, at any time, in a matter of seconds. We said in the previous section that speculative assets with soaring volatility are prone to suddenly dropping in value. Simply put, what goes up fast, may go up fast again, but can also come down just as fast. Bitcoin, for example, was worth $570 one year ago. It has since risen by almost 900%. It could drop to $570 again, or an even lower price per Bitcoin, very quickly. Some analysts argue that Bitcoin and other cryptocurrencies may be in “price bubbles”, which can burst rapidly, leaving investors stuck with losing almost all of their investment.

[kenmobility]

hmmm, i dnt think those countries that banned the use of crypto, did so because its dangerous, i think they did it because of its decentralized, governments will never be cool with any thing that they can not control.

[Arsaen]

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

I think crypto currencies still look new to the people of the world, and in some periods prices change rapidly when balances change.
This makes investors begin to think that the crypto money industry is in danger. But to be honest the situation is not dangerous and ordinary.

[Neved1975]

it's miles risky, because you could effortlessly get scammed and lose your money. then again, fiat is a scam too. we all use faux currency backed through not anything. If the society decided no longer to apply fiat anymore, it might haven't any price. So i'm investing my fake cash in something that would turn into a rip-off, lol. that is what i'm doing.

[btctop1]

No, there's definitely no danger here. The risk is always, but here as well as with investments of fiat money. Maybe at the moment there are even more risks, but due to volatility and profit may be many times higher.

[Maryam42656]

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

Incorrect information will scare many people

[guffie]

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

Crypto is a very big business industry and gives us a work with very large results. So I do not feel that Crypto was dangerous. And I am so grateful that I can go in this industry. And the future of crypto is very nice, so the job here is very worthy to strive for.

[NickeyBubl]

Yes, of course crypto industry is dangerous, any investment has a risk, and the cryptocurrency market is still very young and very unstable, so you can lose all your investments, but also you can get a very good profit, that's why only you should make a decision

[isen]

Criptocurrency market is high risk but not dangerous..) If you participate in something new it is high risk. At the same time you can be rewarded a lot if case of successful blockchain development

As a rule, the greater the risk, the greater the reward, and the crypto-currency market is no exception. You can buy a coin that is capable of growing by 500% but also increases the risk that you will lose your investment.

[hoangthiha21]

It would be right to call it as risky rather than dangerous. All form of investment are risky. Some countries banned crypto because they dont have control with it. Hope soon it will be regulated.

[iPad2jm]

For the ruling class, crypto may be something really dangerous, and It may become an artifact to subvert their power. Since ancient times, the coinage right has always been firmly grasped in the hands of the state. Once the cryptocurrency has become a hard currency, there is no necessary for banknotes and no need the legal tender issued by country. A country without mintage, it means the rulers have no power.

[crea8ivemoiz]

Not as that as people think but you have to care you wallets, identity and data governments cracking down on the crypto space is not a new thing. What is different in this case is the amount of power and weight South Korea holds in the field. The obsession with cryptocurrency has hit strikingly high numbers. This meant the crypto industry took dangerous.

[rohican]

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 mean this has something to do with countries in the world that prohibit crypto, you also have to see some countries also ready to accept crypto. Now, I think the crypto world is struggling, but I am sure that later all countries will depend on cryptocurrency, sometime, but it is certain.

[mstfprcn]

Encryption technology is also very secure and convenient for electronic money transactions. But the encryption industry is also very dangerous.

[ngovanthang3]

Of course, there is a danger today.But this danger does not extend to those countries where the crypt is not officially allowed.There's no danger to the rest of us

[pukul rata]

perhaps more risky than dangerous, which is indeed a dangerous side of the crypto, as if it was misused by criminals, terrorists or others. and the risk side is to invest, and the current situation is what makes you risk if you invest in crypto, because now the crypto market is experiencing instability and uncertainty, especially the price which is currently experiencing a very drastic price decline, maybe this is a result of the bear market that is happening.