is crypto industry dangerous ?

[Sanu Simon]

dANGEROU, i DONT THINK IF THERE IS DANGER in crypto at al, t doesnt risk any ones life, There are however high risks involved in the crypto market this is due to the volatile nature of the market making it unpredicatble, something that mst people dont find very attractive, but again, high risk takers are the ones that make it in this life,

it is really dangerous, but you should have in minf that knowledge matters more than lick, so go head, good luck

Not really, it is not dangerous from my point of view. It is highly risk involved, we don't know what is gonna happen then, we can predict and if our prediction coincide we'll be getting good profit out of it, and if things happen opposite to that of the predictions what we were experiencing now will happen.

[ethergod]

I don't think it's dangerous if you do your own due diligence. It is highly risky and volatile, but there are solid projects out there bringing important use cases to the table. Over time the market will differentiate the former from the latter.

[diytho]

I think it is not dangerous, because the present and future in this world is in the digital age of communicating. making crypto growing and progressing in its work. dangerous for the crypto competitor who is afraid of becoming such a big crypto.

[fuer44]

surely this leads to prices that go up and down very quickly and can never stable. this is the fluctuation, and this is the biggest risk in bitcoin investment. because it can lose very much. but the good side is, we can take a big advantage too when buying when the price goes down and sells it when the price goes up.

[AIRDROPSQUAD]

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

Really? I think there is a lot of case that causes Crypto to be a dangerous place. The most popular case is several wallet or exchanges have been hacked by a hacker. You can lose your money and Crypto assets within a second.

[love.prettygirlc3]

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.

[apitico]

The instability of the cryptocurrency market, a large number of scams that are associated with cryptocurrencies and projects. It's funny that the inaction of countries about the adoption of cryptocurrencies or Vice versa laws prohibiting cryptocurrencies, generate even more scams.

[otto2012]

I think that the danger is represented only by cryptocurrencies with increased privacy.

[chillitabit]

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'm wondering how crypto can be mentioned with word dangerous in the same sentence. It's helping people to get the finance in their own hands without any difference. How is that dangerous?

[LianaSie]

It is not the safest investment option for sure. There are a lot of risk factors, such as high volatility, bad people try to scam you, irreversible transactions, when misstyping the account number, ...

[nicole74859]

Probably, any technology can be used by criminals to carry out crimes. For example, to give bribes in cryptocurrency, pay for drugs, weapons, etc. After all, there are completely anonymous coins. That's where the danger lies. On the other hand, there are much more positive aspects.

[dothihanh1811]

My country prohibits cryptocurrency market transactions, but it also strongly supports encryption technology. I think the root cause lies in those blind investors and scams. They disturbed the market that could have been very good.

[mimitao38]

Absolutely, cryptocurrency is a dangerous thing that can change a person's life like for the better and for the worse. Here you need to be very careful.

[jefcasidy]

Crypto is dangerous because everyone controls their private keys and if you lost it or it is stolen, then your money is gone and also because crypto is so volatile and people can be easily scam, so many countries are trying to protect their citizens

[keykey1]

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 currency is not dangerous while it is in the hands of good people. The same can be said about ordinary money. The government forbids it because it does not want to see people happy.

[ernoo]

These governments try to bann crypto, because they can not have control over it. Cryptocurrencies give us freedom, but not everybody thinks, people should get that.

[bjksk]

cyrpto industry not dangerous for you but the governments want to control all money because of this they do not want to cryptocurrencies.

[hoanglann111]

It is dangerous but not from that point of you that you have mentioned. It is dangerous and risky for investors and their money. The countries are afraid of something as big as crypto currency that is why they come up with rules and regulations.

[Gabb]

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

Undoubtedly, the main threat represented by cryptocurrencies for the current world economic system is enormous, because it means weakening the monopoly of central banks as the only ones responsible for the issue of money, losing this hegemony before the networks of users involved in this alternative economic system.

Therefore, it is understandable that many governments oppose this threat and are willing to implement all the necessary restrictive measures to hold this monopoly.

[wack slacker]

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

in my opinion, this kind of payment method is the future
so if bitcoin doesn't success, must be another coin does
even lots of country banned cryptocurrency. they properly would take it down soon.