is crypto industry dangerous ?

[pipashu]

Dear friends, how can you use danger to describe a cryptocurrency? You can only use risk if you do more. There is a risk, not to mention an encrypted currency, even if you buy shares. Investing is risky.

[dnsokoljuk]

I think it is very dangerous if you are invest a lot of fiat. You will be scared for lost of all it or even if price will go down you will panic.

[richman3451]

there are risks in any business you need to always approach the matter very deliberately by learning the scope of factors there can be many

[impulse709]

Crypto Industry is not just dangerous, but it's also risky knowing the volatility of the market, existing hackers, scammers and such factors that might let you define crypto.

But that's the downside of it, let think the upside of it.

It's profitable, free from government taxes, self control on your coins that you hold and such.

Yeah totally agree with yours idea, but i think government will tax crypto soon because Korea start to that things. So when more big countries do this, crypto will become legit and more big investors will come to crypto market.

[Jizel]

Certainly, crypto currency is dangerous for governments of different countries, because it is a very convenient way to transfer shadow funds that can not be traced, as well as paying for various services that are not subject to taxation. And the more often payments occur and more people use this variant of interaction, the more serious the state's loss.

[clipman77]

I do not have any danger, there are certainly risks in this industry, but there are also a lot more profits than in the securities market. If you are careful and invest only a small part of your money, then you should not be afraid.

[saras008]

Some countries are very dependent on tax revenues collected from the population. I think bitcoin makes the government difficult to track someone's wealth. That's probably just one of the reasons why some countries ban crypto.

[3la9l_kolbaCa]

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

Only one thing that crypto industry will be dangerous if their will be someone ruin the life of crypto. Once the industry was built it means their are big chances that it will raise high and for sure many people tried to ruin the situation because of their personal ambitions which lead to chaos. For us to be determined we need to guide ourself and to have personal growth, so that we cannot distract other.

[pharaon]

Perhaps there are people who use crypto-currencies in criminal spheres, and some countries because of it negatively concern them, but Personally, I do not see any danger in the crypto industry, and criminals and scammers will always be.

[KEPLER99]

I think the judgment is dangerous, it could be due to a lack of full understanding, or conflict of interest, and also because the currency is new and there are many things that are not understood for some.

I don’t think so that you can call the crypto industry as dangerous. All you can say is that the crypto market has high probability of the risk but that risk is quite certain especially when you talk about the market which is highly volatile in nature and that in which the market value of the coins keeps rising high and falling. Having enough information and knowledge regarding the things can help you in making smart decisions and avoiding those risks.

[Enzo05]

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 risk to invest that's correct but the reason why other countries banned crypto is because of government who will not get tax to it 

[quuyt4]

Encrypting the market is not dangerous, and all investments can be risky. The risk of the encryption market is very small, as long as you have enough patience and you can make money with good projects.

[lantruong907]

I think the judgment is dangerous, it could be due to a lack of full understanding, or conflict of interest, and also because the currency is new and there are many things that are not understood for some.

[greenclub09]

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 have been in this market for a long time, you will reallize the crypto market is very safe but those risks is only happens when we log in phising site and in most of cases investors lost money because they invested in ICOs, ICO is very easy to scam, just make a project look more appealing to investors even when you don't have any real product, investors still invest into the ICO because they only care bout profit, that is why ICOs is dangerous bringing bad reputations to entire cryptos industry.

[elzjmirra]

In my opinion this crypto industry harmless as you might imagine, this full crypto industry indeed the risk but if we take care it is not a problem.
Something must have big risks result especially in crypto and you need to have the right information and continue to learn about crypto in order to avoid any risks.

[Golftech]

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 have been in this market for a long time, you will reallize the crypto market is very safe but those risks is only happens when we log in phising site and in most of cases investors lost money because they invested in ICOs, ICO is very easy to scam, just make a project look more appealing to investors even when you don't have any real product, investors still invest into the ICO because they only care bout profit, that is why ICOs is dangerous bringing bad reputations to entire cryptos industry.

Yes, those who are new to this business are usually being scammed, they invested their money without reading and without knowing what can be the possible risk, if they will do their own research and study first each things that needed to earn before dealing with crypto, then it will be much better
and also much safer, crypto currency still young and a lots of things can possibly happen just learn how to analyze and be prepare as always.

[azhariejaya]

many countries forbid the use of cryptocurrency because the negative effects of cryptocurrency, one of the most commonly used reasons are that the use of cryptocurrency is particularly vulnerable to illegal transactions, money laundering, and terrorism financing, but in my opinion, cryptocurrency has more positive effects than negative effects.

[Restmand]

many countries forbid the use of cryptocurrency because the negative effects of cryptocurrency, one of the most commonly used reasons are that the use of cryptocurrency is particularly vulnerable to illegal transactions, money laundering, and terrorism financing, but in my opinion, cryptocurrency has more positive effects than negative effects.

There are many negative comments about the cryptocurrency now, and one of these is that the facebook banned advertising the cryptocurrency. We know that the owner of facebook, Mark Zuckerberg, praised the bitcoin. But after this, he said that he cryptocurrency are banned in the facebook.i Don't know qhy he banned it. But as for me, there's nothing dangerous at the cryptocurrency.

[NathanJB]

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 perhaps to the governments and the banking sector since they are probably the most affected if cryptocurrency will get stronger and more popular. But to the great majority of the people around the world, cryptocurrency is the opposite of dangerous. No wonder why people from all around the world are embracing crypto wholeheartedly.  

[Tlongbottom]

Crypto isn’t dangerous to the people that invest or hold it. There is always the possibility that something you bought drops in exchange price, but that’s just part of the ride. The danger I feel is to governments and banks, so there is always the risk that they try to ban crypto and shut it down as a way for people to make a living.