is crypto industry dangerous ?

[oxidoreductase]

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

The peril is for the most part to the specialists and their lords. There are many individuals who are utilized to of influencing an existence on others to work. Decentralization would demolish the biggest ponzi at any point made, the cash framework.

[omitusaf]

I don't think it's dangerous in the sense of it's efficiency. It will make it easier to handle things that were previously done using the traditional way. As with all new technologies,  it has its own flaws as hackers can easily exploit it's vulnerabilities to wreak havoc.  This is not a big issue as this will be resolved as the technology matures.

[saekotye07]

i think crypto industry is not dangerous as long that the user didn't make or do something stupid like scamming other peoples money.. for me crypto is providing a great source of income for us it really gives as a great opportunity to grow more our profit so in this case you can guaranteed that your profit is in the good vault..

[Mostshisha]

Crypto is not at all dangerous if you know what you are doing, the only thing against which its dangerous is the centralised world, most probably towards those centralised bank. These centralised institutions doesn't want anything to be disrupted by the decentralised world that's why they are trying to ban crypto.

[xiaoY]

In quiet areas, blockchain technology is used to improve people's lives! In a chaotic area, the blockchain is a paradise for money laundering and other illegal activities!

[JohnMacZeppelin]

The most important thing is to understand that crypto-currencies are a great risk to lose your money, this is probably the most important thing for me. Invest in crypto currency only the money that you can lose, the rest does not need to be invested.

[vionas]

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 not dangerous but has a high risk that you will lose if you make a wrong decision. But if you can take a chance in crypto then you will benefit.

[flowdon]

dangerous for what mate? there is no danger in crypto, government just ban cryptocurrency in there State because they are afraid that someday people dont need banks, governance, etc. cryptocurrency and blockchain is one of the greatest inventions invented by satoshi nakamoto to have an very transparent transaction all over the world and stop the corruption.

[letsfly]

Crypto industry is not dangerous.I think the correct term is high risk industry but at the same time, the industry is very promising and have great projects for the future.

[fly99]

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

Capital security is the biggest risk, because the market is currently not effectively regulated, so  can escape the legal sanctions, then there will be a variety of crimes, there are many scammers here. And the market itself has a big bubble.

[websoftwareengineer]

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

Cryptocurrency is not a dangerous industry but there are people who can actually lose a huge amount of money if they are not good on trading or can handle their patience very well.

[nguyenthanh0270]

Crypto is always a good investment if we understand what to do but it would be dangerous if we don`t have enough knowledge in investing in crypto so not a dangerous crypto but what we do is correct or not

[mksundip]

I do not dare to conclude that crypto is a risky subject, but if they do not manage it well, then it will be very harmful

[cheezcarls]

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 own opinion, I agree that it's kinda scary because of its high volatility and being unpredictable. You know why? It is because you may not know when will it go down or up. Maybe in the next day, you might see a huge dump, or could be pumping as well. I know it's scary, but as long you know how to manage your risks and diversifying your investments, you would be less disappointed and frustrated as others will follow, some will rise.

[rahul10948]

I will not be stating all of the reasons that caused countries to ban crypto, but there is some of them: 1) people may use the cryptocurrency for buying illegal stuff, so no one can prove the fact of purchasing. 2) it is bad for government just because of the taxes. There are a lot of them, actually. It may be highly volatile instead of dangerous

[KuyaBreezy]

Dangerous? don't know how the crypto industry can be dangerous as it does not directly pose a risk to anyone's life, its however  a very high risk industry with lots of uncertainties and changes in the market patterns. its unpredictable nature doesn't make it one of the most favourable investment choices but makes it one of the most rewarding investment ventures. there is no danger related to cryptocurrency, just a lot of risk which if goes right, rewards handsomely

[heritage35]

Well, in my own opinion, it is not that crypto is dangerous and those countries that banned it might have their own reasons, which are best know to them, for banning it. Notwithstanding, some of the countries that banned crypto earlier have now accepted it.

[keykey1]

The most important thing is to understand that crypto-currencies are a great risk to lose your money, this is probably the most important thing for me. Invest in crypto currency only the money that you can lose, the rest does not need to be invested.

I don’t think that cryptocurrency industry is dangerous. That’s not so for sure. Crypto industry is risky and at the same time it is developing every moment, right now very rapidly so sometimes we don’t understand what is happening.

[rachman mahesa]

All industries certainly have each risk. As the Crypto industry also has risks. And what's the rich in what? I think the crypto industry is dangerous but the crypto industry is very good and you can find or benefit from this crypto industry.

[laptevnikita]

The ban is useless, every year the crypto currency community grows, and every year it will increase more and more, personally I do not trust money to banks, and I better support BTC and new technologies