is crypto industry dangerous ?

[yanlei2002]

I do not think the cryptocurrency industry is dangerous,but the probability of losing your money is still quite high, you have to be more careful

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[notoriousdumper]

Investors are aware that coins are volatile. Honestly, crypto holding can understandably be stressing. Thus, all must get a forward looking strategy to make profits.

[hoasdnz77]

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.

[kpierce77]

I think it depends on the perceptions of a country in response to crypto, because not all countries also banned bitcoin "only a few" certain countries. and I do not think they have enough information about it, so they forbid it

[adjk7]

The cryptographic market itself carries risks and any investment is risky. Without a stable market, the encryption market has been falling since the beginning of this year and continues to this day, so I think the risks in the encryption market are very high.

[quang99]

I do not think the cryptocurrency industry is dangerous,but the probability of losing your money is still quite high, you have to be more careful

I think cryptography is not dangerous. But you can lose your money if you do not invest reasonably, you need to be cautious and approach the matter wisely, you can make money here, but it's not as easy as it seems at first sight.

[LesterD]

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

its not really dangerous, the danger is on the government and banks, if cryptocurrency develops more, no one can say what will happen to them.

[Loran Lann]

Which makes it seem dangerous are those who feel they will be harmed by crypto world, and the countries that reject the crypto world are the countries that don't want their society to go forward.

[vssakib]

I don't see anything dangerous in crypto industry, we just need to be vigilant and careful of those we making deals with during ico and we must be very careful of hackers

yes I agree with your opinion I don't see dangerous in crypto industry.Just carefully your id and so that your I'd might not be hack.

[Bagani]

Even sone countries banned crypto crypto currency there are still many county in favor of using crypto. Crypto isnt dangerous, it just unstable right not meaning there is big risk to enter your money. So keep hold for now and avoid to trade daily. It might cause losses to your funds. Or can go investment but nit trading for now

[Piskeante]

how is it possible that people say this is not dangerous??? crypto is THE MOST DANGEROUS MARKET TO ENTER IN THE WHOLE WORLD.

As it is a virtual asset, there is nothing but a "supposed" technology behind. There is nothing material backing up this.

[akbarals9425]

I think why crypto is banned in every country because they are afraid of money laundering, it could be people who have trillions of dollars in the world of cryptocurrency but in the real world that the government records only a million dollars that in the state disadvantage, the tax paid ,

[tuannguyenn110]

I think there is definitely a risk. The natural enemy in this field is hacking. But it can be said that it is basically impossible, unless the development and application of quantum computers are possible. There is still a long way to go. Risk is proportional to profit.

[rb26]

how is it possible that people say this is not dangerous??? crypto is THE MOST DANGEROUS MARKET TO ENTER IN THE WHOLE WORLD.

As it is a virtual asset, there is nothing but a "supposed" technology behind. There is nothing material backing up this.

Same sentiments here. I must say that I agree in your opinion that this is by far the most dangerous (risky) market one can get into. Unlike tangible assets, crypto can easily vanished into thin air. It is vulnerable even if you have the greatest security measures you think you have until you wake up one day that all your coins are gone. The amount of cryptos hacked way back years ago up until this year is unimaginable which can be a solid proof that this market is very dangerous.

[maaydin]

in this industry there are too many uneducated investors which invest a money they can`t afford to lose and at the end go bankrupt which is a bad thing for governments as the society becomes poorer and the money flows to the other places, this is one of the reasons I guess why it is dangerous.

[arpaul]

Many people use the crypto for good activities, some of them for investment, trading, and also joining other programs and using them for the transaction.  However, if there are some people that use it for bad things, it means that it will be dangerous.  Actually, working in this kind of crypto will require high risks and dangers.

[Victorheywhy]

Crypto industry is quite dangerous, depending on how we all see it, and the kind of business we execute using cryptocurrencies. It's really a risky business, which I won't advice a novice to venture in the high crypto business. One just needs to be extra careful when it comes to cryptocurrencies.

[rasp]

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 we followed the logics of the governments banning crypto, we should have banned all other money because they also can be used for weapon sales, drugs trafficing and so on.
In most cases it is also difficult to track the originator of the deal, especially if he is using cash.
So, I've always been saying that it's not the crypto itself that is dangerous, but the people who use it for bad purposes.

[Psychee]

Yeah.Unforchantly,crypto world has so many scams.And it destroys confidence to the crypto world

[Coingram]

I would say its dangerous for the newbies as they can loose their money easily by sending eth to their "smart contract" or just got hacked by phishing