is crypto industry dangerous ?

[zanemyy]

The use of crypto currency is safe. The block chain is an excellent invention that does not lend itself to scammers and can not be faked. But at the same time, crypto-currencies are volatile, only this is not very reliable.

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[yourx7phone]

I think that the crypto industry is very dangerous, but where there is danger there is also the opportunity to earn very good money. Each investor decides where and how much to invest.

[Rollkal]

In my opinion, the main danger of cryptocurrencies for the States is the evasion of the population and business from taxes. If everyone, especially businessmen, will move to mutual settlements in the crypt, how to collect taxes?

They are only dangerous to newcomers who are inexperienced but risky. These objects are very easy to lead to loss of capital in the market. So the first thing we enter into the market is to learn from experience, not to engage in blindness.

[richardeames]

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

criminal activities (money laundering, anonymous illicit transactions ) could benefit from unregulated crypto. I think the point of regulation is to avoid criminals exploiting crypto for their own benefits. Besides that, maybe government sovereignty over its citizen is in threat too because the fiat money as a mean to control its citizen is getting less and less valuable compared to cryptos (which at the glimpse of this day we could see they could provide extended utility or value compared to fiat money, such as negotiation/settlement programmability by using smart contracts).

[thenameisjay]

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

Cryptocurrencies are dangerous when it starts to breakdown the economic system of a country and further plummeting the country into economic chaos. Kind of like a wallstreet meltdown. But I think it is far from happening now because we still have fiat money to use.

[bachianna]

I think that crypto is more dangerous than other investments, especially for newbies, for those who do not understand how the cryptocurrency market works, thats why some people are afraid to invest their money in cryptocurrencies.

[organelles]

I so far hasn't seen the reason as to why crypto should be considered dangerous in anyway. It doesn't expose anyone harm and neither is there any threatening activities, The market is however high risk, so much so that its unpredictable an so volatile that the value can dip anytime or gain value over night

[last7minutes]

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 couldn’t be named dangerous but crypto industry has its own specific features. For example investing in crypto projects is very risky. Moreover coins can be used by different kinds of criminals for illegal transactions.

[Yagami nunnery]

Yes, I think the investment risk in this industry is very large, so if you want to invest in this industry need to do a lot of homework, first of all you have to be familiar with the industry, and accumulate some trading experience, if you invest too much money in the previous period I think you will have a great loss because the market is very volatile.

[Axetrd]

The most dangerous thing in the crypto market it is manipulative side of market. As we see, we haven't reached even 1 trillion capitalization mark, and it is perfect conditions to "move the market" by whales. Cryptomarket is very similar to Forex - "big players" see all orders in the market and they can "read" the chart.
Be careful and wish you a good profit here!  

[Afobaje48]

No,  I don't think it's very dangerous, it's safe with my own view

[Vardanank1]

If you are asking a question about the investments into crypto, its already volatile and you might lose or win so its generally dangerous But the coin themselves are helpful.

[orisbar]

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

There are many reasons why people says crypto business dangerous, it is only beyond the person on how the way they manage and how the way they used. But danger thing in crypto business are very less when we compare to the total good contribution of crypto into community, and the more also in the development of world economy.

[love2018]

As a person who has just come into contact with this industry. I think it is dangerous, because the market volatility makes me not dare to invest in large amounts. I'm afraid of losses, and I don't know much about this market. And my country strictly prohibits encrypted transactions.

[yularezinsky1]

I dont think some countries ban it because it is dangerous, but because crypto is decentralised and they will not have control of it.
For an individual crypto can be risky because there are many scams around and for newbies crypto is more dangerous than other investments

[juragankambing]

Again I emphasize crypto is not dangerous, cryptocurrency is a new technology that is very useful, cryptocurrency is a blockchain technology where we can do any transaction without a third party,
Because the transaction is transparent and peer to peer,
I think the state that forbids crypto is the capitalist countries who are unwilling and afraid of this new technology,
Because the role of third parties is usually owned by the government,

[cosmicart]

There are no dangers at all, the government and authorities do not want the success of people. they are probably scared that cryptocurrency would take over.

[Joriecoinbit]

Again I emphasize crypto is not dangerous, cryptocurrency is a new technology that is very useful, cryptocurrency is a blockchain technology where we can do any transaction without a third party,
Because the transaction is transparent and peer to peer,
I think the state that forbids crypto is the capitalist countries who are unwilling and afraid of this new technology,
Because the role of third parties is usually owned by the government,

This kind of technology is not a dangerous one but its too risky, dangerous and risky is different. Crypto world has a lot of opportunities where we can make good moneys with not having a capital amount. Yes,. Other person sayin crypto is dangerous because of scams or hacked in the site,yes I admit there are scams here like not distributing the rewards of campaign but as we have our own understanding and wide spread thinking about this technology it has a good chances of earning.

[jcumins]

I do not think so. the blockchain was invented in order to ensure maximum security, so that cryptocurrencies can not be dangerous in any way at all

[Desmo]

I do not see any danger in cryptocurrencies. only if not a very big risk of losing their funds, and then it does not happen so often