is crypto industry dangerous ?

[tomsoier]

Neither the crypto world nor the cryptocurrencies are dangerous. Fraud is the greatest danger that creates problems in every business field. As we all know, crypto tech is a sector that is in the development phase for all the world.

In any case, now in the crypto industry there is a danger not only of fraud, but also of high volatility, including because of pumps. Therefore, investments in cryptocurrency are not so big, people do not want to risk serious money even having a chance to make X5-X10.

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[JunMel]

I prefer to use the word risky rather than dangerous considering anything can happen in crypto. Prices are highly volatile which is affected by several factors and you can loose your investment especially if you dont know how to deal during bear seasons.

Yes I agree, crypto is not dangerous but rather risky investment. Due to trust and security issue plus you add up this scam and hacking that makes it more risky. But that's what making money all about it always risky.

[sazn866666]

It is dangerous for you if you enter into the crypto industry blindly without doing your research and expecting to make millions in a short amount of time.

[Cenil]

the most dangerous of the crypto is the risk, especially if trading in crypto, if one takes into account the slightest it will not gain profit will even get the loss, especially if the current market conditions, now the market is unstable, for example, a few weeks ago market had a rather hefty rise and it seemed that the start of the market would recover, but it turned out to be the contrary, the price actually dropped dramatically, and it had happened just as before.

[Pelunize12]

Crypto is easy to manipulate, its price can change extremely. many ppl lose their money here
That's why many goverments in the world ban crypto. but ofc High risk High return

[Fadhil Pahlawadi]

depending on who is using crypto and kemna in use, of course depends on the personality of each user crypto

[austinsku]

I prefer to use the word risky rather than dangerous considering anything can happen in crypto. Prices are highly volatile which is affected by several factors and you can loose your investment especially if you dont know how to deal during bear seasons.

The Ethereum team released Vyper, which allowed to reach a new level of security. About him in the Internet network has already appeared a lot of flattering comments and reviews. Vyper is an update for Solidity. The usage process has become more convenient and simple for users. The new language aims to simplify the understanding of smart contracts, has greater transparency.

[anaivanova726]

cryptocurrency is as dangerous as any sphere, as we can meet with scammers who can enrich themselves at your expense! in addition, this topic is more considered dangerous because it is not regulated by the state!

[Azura.Nguyen]

Not only crypto market dangerous, every investment channel also have risk, it depend on yourself.

[success65]

the cryptocurrency market is the most unmanageable! since it is not controlled by the state.  on the one hand, it gives the opportunity to develop this market, and on the other hand, there are a lot of scams in this area that go unpunished!

[zhongzy]

The situation changes from person to person. the crypto industry is dangerous yes but dangerous only for people who are not experienced. they are just people who invest in the way of recommendation. Experienced people do not invest only with suggestions. they do a deep examination.

[Marine8]

I dont like to call it dangerous, so i will prefer calling it risky. Of course anything that is capable of giving you something significant should entail some risk. Also, most people or countries are not banning icos because it is risky, they are doing that because they cant regulate it.

[Quesito]

Crypto industry will only going to be dangerous if you don't use it in a good way or should I say it is very risky if you do not have the capability or knowledge to do crypto.

[silvercrashed]

the anonymity of cryptocurrency makes it dangerous for countries, and therefore many countries prohibit it.

[JohnTycoon]

People can not spend heavier dough than they can bear to  have wiped out without getting their personal economies hit on this markets because of those staying risky.

[Bughah]

People can not spend heavier dough than they can bear to  have wiped out without getting their personal economies hit on this markets because of those staying risky.

It is not totally dangerous it depend how you handle and it will be dangerous to those country that crypto are not allowed.
 

[tyas pur]

Actually, Cryptocurrency is not dangerous.
Many people misplaced the strategy to make it lose a lot of money on Cryptocurrency.
Cryptocurrency is actually the same as conventional money.
Many possibilities that can happen, we must be good at managing it so that we can get a profit and no loss because of wrong steps with Cryptocurrency.

[NightClawC]

Crypto is easy to manipulate, its price can change extremely. many ppl lose their money here
That's why many goverments in the world ban crypto. but ofc High risk High return

So it's risky for investors, not dangerous. And, with $300 billion market cap, the crypto industry is still very young and small, It can't be dangerous for any other economy.

[Emperor of Man]

cryptocurrency isn't dangerous by itself, it depends on how people use it, and right now there are people who use it for criminal activities. So the governments use this as a good excuse to ban or fight crypto (while fiat is used for that too)...

[Hadarula]

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

yes, i thonk that it is dangerous and i be,ieve peolle should be really careful about it as you may lose a lot of money and time