is crypto industry dangerous ?

[edenboy]

I think cryptocurrency is not dangerous.
It is band in some countries because they can't regulate the transaction & they can't monitor the transaction.
That's why some countries band it but some countries accept the cryptocrrency.

[KSHMR]

Bitcoin is not dangerous but it is risky. The risk is when you invest to scam projects.

[AltcoinsBattle]

those who say the dangerous cryptocurrency is the one who considers cryptocurrency as a ponzi scheme or bubble that when it reaches the peak will erupt. and they rejected for fear of cryptocurrency growing out of control.
Decentralized cryptocurrency can not be controlled by anyone but not something dangerous. precisely cryptocurrency is very useful and has created many new rich people.

The cryptocurrency can be controlled. This control is less obvious, but it is possible. Moreover, it is possible to control the activities of society through separate coins.

[samvel86]

It can not be dangerous for customers like me and you. It can be dangerous for governments. Because they can not follow who and when and how much money sent to whom.... Also in our case the only truble can be hackers, but I'm really happy that they arn't trying to hack my WALLET :-)
I don't see any other dangerous things.

[marydarli]

Video sharing is the process of uploading, publishing, and sharing video clips online.
There are many video sharing websites/platforms out there such as YouTube, Vimeo, Dailymotion, and Verasity. continue

[Dodoymabs]

those who say the dangerous cryptocurrency is the one who considers cryptocurrency as a ponzi scheme or bubble that when it reaches the peak will erupt. and they rejected for fear of cryptocurrency growing out of control.
Decentralized cryptocurrency can not be controlled by anyone but not something dangerous. precisely cryptocurrency is very useful and has created many new rich people.

The cryptocurrency can be controlled. This control is less obvious, but it is possible. Moreover, it is possible to control the activities of society through separate coins.

Or should I say, it can be manipulated by some big whales. Basically it's all about supply and demand so whoever hodl more coins can somehow plays a major role about its price. Crypto industries is risky but being risky is just mean more profits can be earned. It's not dangerous if we already know how to handle the situation.

[ka4ok1331]

Crypto is dangerous for those who want just to make profit and don't want to learn anything new. This is all about new players on the market

[indopool]

Because there is no third party in the crypto transactions, so it is very difficult to control the crypto transactions, so crypto is very vulnerable to be used as illegal transactions, but it all depends on the individuals who use it. because crypto will greatly help people transact, by cutting costs and time.

[twitami1]

The most serious deterrent is finding the entire industry in the shadow zone. It is not regulated in any way, and the founders of crypto-currency projects feel vulnerable and understand the instability of the situation. Entrepreneurs who work in this area are trying to minimize risks, and therefore mostly take a wait-and-see attitude and try not to give full development to their business.

[hyunee]

Yes. It is dangerous and very risky. Well, everything or anything that involves money is very risk to take. Imagine that you are wiling to risk your money for a greater profit. For a larger income. We have to risk everything for us to gain something. And that's what investment is all about. It is all about taking risk.

[hxtxlcb]

I think it may be due to the decentralized mechanism of cryptocurrency. Many countries' economies are in their hands, and decentralized mechanisms may make them unable to control the economy!

[upyem2k]

Yes it is dangerous and risky most especially when you are a newbie with no guide. You may misinvest or lose your wallet private keys to fraudsters who steal your heard earned tokens. So one has to be very careful when investing in cryptocurrency trading.

[krigger]

Investing in cryptos is very risky, especially when you are investing in new coins which are more likely to fail than the other coins that are in the market. This is why people should never invest more money than they can afford to lose into the cryptocurrency market. There is just way too many ways that you can end up losing your money invested into cryptos.

[pekavcilar01]

The stock market is always a dangerous system. The crypto stock market is even more dangerous. Prices are changing suddenly. If you are not careful, you will lose your money.
It's easy to make money, but it's even easier to lose money.

[rehanaurora]

I don't know  why crypto is considered dangerous but I think why many countries ban crypto is because 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.

[muathuvang110]

There are basically two points that can tell you why the crypto can be seen as dangerous for developed countries. The first point is anonymity, you can`t trace the transaction and know who is behind it. The second point is lesser fee for transaction - lesser money for banks.

[asd9znnn9999]

Yeah, I now a few men who invest lots of money and they they lose because of dumps..

[kaimisukk]

It is but that does not mean that it is the most dangerous industry out there and besides no matter where you put your money into there is always a bit of risk involved in it.The only reason that a lot of people are scared to invest in cryptos is because it is very volatile and they do not want to take any risks.

[startorr]

I think it is not dangerous but risky. Crypto trading price volatility is very evident  when market goes up it seem there is no tomorrow for its price to surge and when it fall it is also so hard that almost all your earnings are gone.

[annatruong123]

In my opinion crypto world is not dangerous
 Many prople think we can easily hack hy the hackers. We would loose all money that we invest. And many rumours are spread by other.