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Author Topic: is crypto industry dangerous ?  (Read 5763 times)
slightmoon
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June 24, 2018, 06:42:09 PM
 #801

It is not dangerous,the moderators and admin made it careful and easy but the bad peoples that rely on others always think to cause some errors in payments,security issues on other's wallets...So,you need to be careful only.Otherwise,cryptocurrency is a best trading opinion

tresbien21
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June 24, 2018, 06:42:39 PM
 #802

Each investment is dangerous as they involve a degree of risk. In this case, crypto is dangerous for people who trust everything they see and read on the internet. Since it is risky, we need to be realistic and be careful of scammers Wink
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June 24, 2018, 06:42:59 PM
 #803

 Yes it is, because you don't know , will you gain or loss, it is very big risk ,
   But if someone likes risk, this is the best thing of trying Cheesy
Michail.
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June 24, 2018, 07:11:00 PM
 #804

I believe that the government did not regulate the tax on cryptography, and therefore it is forbidden, the government can not control money from cryptography, what they spend on weapons, drugs or whatever.

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June 25, 2018, 08:41:52 AM
 #805

crypto is nt dangerous but whereas crypto is bit risky like any other business in this world so crypto need more cautious to the fact that market is young and there are more risky of scams may happen
benroihinhgang
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June 25, 2018, 02:02:09 PM
 #806

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.
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June 25, 2018, 02:07:24 PM
 #807

I always believe that cryptocurrency or blockchain technology will be the technology of the future. Countries banned crypto because crypto affected their currency. Or they fear people will invest and get scam
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June 25, 2018, 04:31:35 PM
 #808

Since it is decentralized, so government can't control it. That's why some countries don't accept crypto. But In my opinion, crypto industry is not dangerous. It is helpful to everyone who wants to earn higher income using crypto. And as long as you will use it legally, there is no problem with that.
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June 25, 2018, 04:35:43 PM
 #809

There was a big hype on crypto market last year which lead to the increase of the scams and to the high risks of the investors, as well as many governments are aware of not being able to control the transactions.
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June 25, 2018, 04:38:19 PM
 #810

Crypto industry it is not dangerous becase it is not based only in one authority it is decentralized and it is public with the transactions so I do not see it dangerous, the only dangerous thing can be the hackers but this is up to you how to keep your own safety
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June 25, 2018, 04:55:18 PM
 #811

Yes it is, because you don't know , will you gain or loss, it is very big risk ,
   But if someone likes risk, this is the best thing of trying Cheesy

I agree. Crypto involves risk because the markets can be so volatile. However, for some people this is not off-putting as its common knowledge that as with most investors, the motto is you can't gain without putting yourself at risk.

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Gunawan82
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June 25, 2018, 05:08:44 PM
 #812

I think crypto industry not a dangerous market place i don't know why you confused.But everything is depend on you how you will be secured and risk free investment this platform ,yeah there are many risky i think.Even government try to down crypto also tv & online media.Other thing it's not legal in the whole world.
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June 25, 2018, 05:11:54 PM
 #813

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

Some people say crypto is dangerous probably because investing in crypto is very risky. Yes, risky because we all no one knows until when crypto will continue to survive. But although crypto is very risky, I still like to invest in crypto.

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rodriguesserg967
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June 25, 2018, 05:13:36 PM
 #814

Yes. If you entering it with blindfold. Don't read basics about it and don't follow news regarding market.
Tanzion27
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June 25, 2018, 05:18:00 PM
 #815

It's not dangerous, in what is happening right now, that the world really adopts to change and it really changes on what the needs of people, and because of the increasing use of technology Crypto will be a great help with us in the future, but the problem is the Government will really be affected, what are they going to receive after this? the crypto is not taxable, and that's one thing that are worry about. But it really depends on the agreement of both parties.

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June 25, 2018, 05:34:08 PM
 #816

I do not think crypto is dangerous so many states prohibit crypto activity, but more because crypto is decentralized and they will not be able to control it.
For individual crypto can be risky because there are many scams around them, such as money laundering, terrorist financing, etc. Nevertheless, fraud also occurs in fiat, and it is done by few people or teams, while the many benefits of crypto in everyday.
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June 25, 2018, 05:36:53 PM
 #817

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


I don't think that the cryptoworld is dangerous, not depending on what in the mogy countries it is forbidden, anyway it is of course risk, but people who invest in projects, not only in crypto, and and generally, always risk the finance. but if not to risk, then it is possible to receive nothing therefore it is the choice of everyone individually.
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June 25, 2018, 05:41:09 PM
 #818

It is not dangerous - it is a new technology which will turn world round, people are not educated about this and they are scared so that is why they may think it is dangerous.
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June 25, 2018, 05:43:45 PM
 #819

Crypto is not dangerous, it is an evolving platform, Lot of individual term it illegal and dangerous because Government globally do term CRYPTO as an Illegal sector, because of lack of regulation and the believe that BTC aid terrorist activities, drug deal and arms deal, Also as a result of scam in the space and it is not always easy to arrest the individual involve.
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June 26, 2018, 05:50:53 AM
 #820

In  my opinion every investment is risky not only crypto. If you have a lack of knowledge of crypto and you invest on others words then it highly risky because its a high volatile market. If you invest sensibly and follow the money management then its not risky anyway. So we should invest only that much money that we can afford to loose. Yes many countries banning but on the other hand many countries has no problem with crypto but I can say in the coming years many countries will try to regulate cryptos.

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