is crypto industry dangerous ?

[masterzino]

It is primarily dangerous for those who are too risky and can put all the money in trading..

What you are talking is the personal weakness. Crypto will just give the opportunity and week people can do stupid things. Crypto is not more dangerous as any car or a tool which are very helpful in everyday activities, but can do harm in the wrong persons hands.

[Classroom404]

Well it all depends on you interpretation of dangerous crypto is just like normal business where risk are involved crypto has grown and has become global so I think it has limited dangers

[JRACfromYT]

Obviously crypto likewise has a negative esteem, particularly identified with the interests of a nation. We can specify the issue of duty or illegal tax avoidance. Furthermore, from a hypothetical viewpoint, the likelihood of individuals to conceal resources on crypto is greater than other venture instruments.

[Kapee]

The crypto industry is dangerous for those who seldom read and they go about filling all forms they can think of. Most government ban cryptocurrency due to the lack of fund they receive from each transaction.

[Endorphinity]

Crypto currency is very dangerous. It can bring you big losses if you do not exercise caution in this market. But a crypto currency can bring you more profit.

[CAPTEZECC]

Crypto is not dangerous it is the enemies of crypto that is making people to believe that crypt is dangerous. Take out some time and go for seminars on crypto currency and business, you will find out for yourself that crypt is what you really need.

[VPScreator]

I think that in fact cryptocurrencies can be quite dangerous for the economies of many countries, and for this reason some countries prohibit cryptocurrencies.

[trindirt]

I don't see anything dangerous in the crypto industry . Just be more careful and vigilant .

[PokerStein1]

It is not dengerous at all , they want to look it dangerous because they now crypto will be huge in future , they are afraid of it to take their income from their hand. Who am i talking about : Big bosses in the world.

[quketyom]

I feel that crypto is more hazardous than different ventures, particularly for beginners, for the individuals who don't see how the digital currency showcase functions, that is the reason a few people are hesitant to put their cash in cryptographic forms of money.

[ha_ham_bk]

 I could only say that it could be dangerous if you do not have enough knowledge about cryptocurrency and yet you start doing investment without analyzing the market movement which is your basis in consideration for your investment.

[Eloson]

Well i can say that it's dangerous one of the reason is that Virtual and increasingly popular currencies like bitcoin, and other altcoin are unregulated and volatile, making them not just a high-risk investment, and criminals can break into crypto exchanges, drain crypto wallets and infect individual computers with malware that steals cryptocurrency.

[Alpha0One1]

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

No. It's not dangerous.
It only become dangerous for a retail investor if they just jump in and throw their life's savings without being EDUCATED first on the basics.

[lorylore]

Crypto is not like trading investment, it rise and drop in the speed that you doesn't even know when, so it will make some become riches overnight or loss everything in a short time. But must remember if you wanna join in crypto world, do you homework on the basic and just to invest on what you have.

[dulce dd121990]

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 industry is dangerous in some other point. This can be used by other scammers to negotiate with the big investors and stole their money. Criminals also will use this crypto currency in purchasing illegal contraband's like illegal drugs, ammunition and firearms for their crimes since transactions with crypto money cannot me trace and they can used dummy account and fake names to transact. That is why this crypto industry is very dangerous.

[Faturanews]

TBH your gonna hear mixed opinions everywhere. Best I found was DYOR =Do your own Research. Though most people say this as a sarcastic answer, I mean it humbly.

[alyssajane1982]

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 industry is dangerous in some other point. This can be used by other scammers to negotiate with the big investors and stole their money. Criminals also will use this crypto currency in purchasing illegal contraband's like illegal drugs, ammunition and firearms for their crimes since transactions with crypto money cannot me trace and they can used dummy account and fake names to transact. That is why this crypto industry is very dangerous.

And aside from that one mistake involving huge investments will turn us to lose all our money, also a lot of scam are over the internet so we cannot really be so calm and less knowledge in crypto industries.

[Kay28]

everything is dangerous - but yes crypto world dangerous as it allows dangerous activities like crime (pay for illegal goods, store and transmit child porn, terrorist smart contracts..) but removing it altogether is not solution.  cloud services are dangerous though (AWS, Azure, etc) because people can use these in same dangerous ways such as encrypting their communications.

[zatteis]

Yes, it is, this is a very dangerous industry to invest, you have to be very cautious since you are risking almost everything that you want to invest and you can't say clearly when and if you will get your money back. You have to be very sure about your decision, don't invest without being 1000% sure

[ahmed04]

If you go into the sphere of crypto currency, you need to narrow down everything in detail, because on this, how to make good money, and burn at it.