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Author Topic: is crypto industry dangerous ?  (Read 5755 times)
zouwahyu
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August 15, 2018, 02:42:09 AM
 #1821

I think so that investment in cryptocurency is very dangerous, but also very profitable, it is very risky if we invest in cryptocurency without knowing the pluses and minuses and knowing the world of crypto first before invest, the best solution is to learn crypto science and investment carefully
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Luke_Turner
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August 15, 2018, 02:44:30 AM
 #1822

I dont think that there is any direct danger to your life when dealing with digital currency. It is just like any other product on the market. You buy and sell, lose and win. Any good investor would tell you that if you want to minimise your losses then you mus not invest all your money in one product, but diversify that you balance the risk. all you need to do is very good research and not be in a hurrry, take your time and watch the fluctuations first, then make a decision.
Gogochen
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August 15, 2018, 03:43:18 AM
 #1823

These governments try to ban encryption because they cannot control encryption.
There is no doubt that the main threat cryptocurrencies represent to the current world economic system is huge

xvacator
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August 15, 2018, 04:20:05 AM
 #1824

These governments try to ban encryption because they cannot control encryption.
There is no doubt that the main threat cryptocurrencies represent to the current world economic system is huge

even if the government ban the crypto, there will be other government that wants to accept crypto so people can still use crypto for making money. the crypto industry is not dangerous as long as we know what we want to do and we can learn from many sources to avoid the big risk. we don't have to be afraid of getting lost because this is part of the lesson itself.
esportseco
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August 15, 2018, 04:24:09 AM
 #1825

Yes it can be if you do not do your research so tread lightly!
lupinvn
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August 15, 2018, 04:34:41 AM
 #1826

I did some research nowadays, and based on that research, for me Crypto industry is not dangerous, if you will do proper research before entering in this market. It is very promising market and there are a lot of potential projects. It's just  beginning of this booming industry, many countries are planning to regulate the crypto because this industry is rapidly growing many new people are entering in this industry. Any thought?
What kind of research did you do? I think you have your point when you feel this evironment is booming and has a lot of opportunities. More and more People is recognize crypto now, new markets are introduced to everyone everyday, number of projects which funding via ICO is rocket,...
.
BUT
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Amount of people who support for crypto is not enough to compare with people who don't know what it is. So "crypto industry dangerous ?" - I don't think so, at least in 5 more years. But after that, who know what will happen.
Markets are opened but how many trader join in? some "sh!t" markets just open for scamming people, or trying to plunder from newbie. This thing is the true dangerous, not crypto industry.
ICO is a new and efficient way to funding and pushing a project, but more than 90% ICO are scam which threaten investors.
.
SO
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What I want to say is, although this industry is growing very fast and have lots of chance for everyone, but its still have own risks and require people have to be careful and avoid the trap.

mkn2030
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August 15, 2018, 04:45:58 AM
 #1827

Yes, I think crypto transactions are dangerous, and most of the investors in this year's encryption market have lost a lot. This year's encryption market is very bad, and the price of cryptocurrency continues to fall this year.
straimrpl777
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August 15, 2018, 05:15:23 AM
 #1828

Despite the greatly increased popularity of ICO and the huge number of investors who buy tokens, this sphere of investment is extremely dangerous at the moment due to the massive use of this method of attracting funds by scammers who felt relative impunity.
Alfamouse
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August 15, 2018, 05:22:16 AM
 #1829

It is not that dangerous, it is all about the decentralization of it so it means we are free to do anything without informing anyone. Likely county without a proper law. Some government against of it because they can't have the power to control it
LieTOme
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August 15, 2018, 05:24:15 AM
 #1830

It is very dangerous because in cryptocurrency many things are unpredictable and also a lot of big risks. fraud. manipulation and much more. if we are new we must be careful to put our money here
tooiu3
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August 15, 2018, 05:30:05 AM
 #1831

The encryption market is of course risky. Most of the people who invested in cryptocurrencies this year have lost a lot. This year's encryption market is very bad, and the price of cryptocurrency has fallen very badly.
Alex_marik
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August 15, 2018, 05:32:25 AM
 #1832

If you make smart decisions not to panic, then crypto is not at all dangerous, but rather very profitable and interesting. The main thing is to make the right decisions and not listen to the advisers.
spritJ
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August 15, 2018, 05:33:45 AM
 #1833

Of course, I think investing in this industry is very dangerous. There are a lot of people here who are losing money. As long as a few people get wealth from here, the fluctuation of this industry is very big, which gives many investors a temptation. So there are still a lot of people joining the industry.
panbirt
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August 15, 2018, 05:34:45 AM
 #1834

My personal opinion is that danger depends on different people, just as people who do whatever they do can succeed, and some people will fail. The danger is not the thing you do, but whether you can succeed.
For the cryptocurrency, I personally feel that it is not dangerous.
zucknail
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August 15, 2018, 05:36:02 AM
 #1835

Of course, I think investing in this industry is very dangerous. There are a lot of people here who are losing money. As long as a few people get wealth from here, the fluctuation of this industry is very big, which gives many investors a temptation. So there are still a lot of people joining the industry.
it can be very dangerous if we doesnt make ane preparation while decided to invest their money.if they have some skill especially in risk management, it shoud  not be dangerous
dizzy1996
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August 15, 2018, 06:48:24 AM
 #1836

No. It is safe. The main thing is to protect yourself in time and reliably. And plus you need to make deliberate investments, because you need to analyze, so as not to lose personal funds.

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xjcjf
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August 15, 2018, 06:53:51 AM
 #1837

The encryption industry is not dangerous. You are right. At present, many countries are using encryption and making full use of encryption technology. I think many people are losing their money because they are not patient enough to sell their money, and then these negatives. The news has led many people who don’t understand encryption to think that encryption is dangerous.
Chirs
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August 15, 2018, 11:02:13 AM
 #1838

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


dangerous? I think everyone will have different thoughts about crypto, maybe there are some people who say that crypto is dangerous but some say that crypto is fun and can make a lot of money. depends on each person's thinking.
makladun
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August 15, 2018, 11:03:38 AM
 #1839

People always afraid of things they are not familiar with, moreover mass media keep on telling hackers and bad people using crypto for their purposes.
Txtlkvoe
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August 16, 2018, 10:28:38 AM
 #1840

Risks are everywhere, if you are not ready to take a risk and join the crypto community, then you better not start investing
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