is crypto industry dangerous ?

[hulla]

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

Disagree with what you said about cryptocurrency industry or investment to been dangerous because the danger in it are glaring if the investors avoid the act of been greedy, invest the amount he/she can afford to loose, don't follow crowd and do proper reason before investing into any new project.

[BennyK]

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

There is nothing dangerous about the crypto industry. The governments and banks are always looking for avenues to collapse the crypto market and because the people are not ready to learn, the governments capitalize on that and generate fake news and concepts about cryptocurrency to the people. Everyone who dedicates time to study the crypto market gets to embrace the concept of it in the end.

[vennz17]

crypto becomes very dangerous if misused by people who want to buy drugs online. but if we look on the bright side, crypto actually helps each country to make it easier to transact payments.

[Maxre]

dangerous in a very broad sense in the crypto world.
some say can to wash money in a country and the occurrence of corruptors that can not be tracked.
some say for terrorist financing.
many kinds of dangers in crypto, but it will not all diminish the true crypto enthusiasts, because it is not a dangerous crypto industry but the people who abuse the crypto is dangerous.

[Vibr56]

It is not dangerous, crypto industry is risky. It can become more safe if the scam projects will be less. I hope that it be very soon. Menlo.one is projects that can make it a reality.

having read their whitepaper, I'm convinced that menlo will enhance our ability to choose the right ICOs and avoid scam or vaporwares altogether with their proof of reputation incentive system. I've never been this excited to join future ICOs since now, there's a marketplace designed to do most of the research for us retail investors.

[maxwellfreeman]

Cryptos are dangerous to the centralized financial institutions.

but, they could benefit from it if they find out how to use it and retain, or increase, power.

Really hard to say. Decentralization is going to be difficult for the masses to implement, though not impossible.

Lot of people would need to 'wake up', and that's not easy.

[Bolabi]

For me in the crypto world it is hard to predict because in crypto currency is full of risk and uncertainty, but to say that it is dangerous here will not be true. It depends on how your strategy in running your coin trading.

[maihoa156515@gmail.com]

It is not a dangerous in countries but Bitcoin is decentralised cryptocurrency so government should not control the coins this is purely transparent in all the peoples so many banks are affected in the country

[Kaijunbee]

I think crypt is dangerous because not all countries will be able to accept cryptotechnologies and people living in those countries bear risks. Or the rate constantly jumps, too, as there is no risk of losing everything.

[Onur_luna]

Crypto is not dangerous, some country ban crypto.
Because i think they want crypto not changed fiat money that use in daily transaction.
I look crypto was make revolusioner and changed life of many people.
All country should be regulated crypto like Japan did,  because this technology will make make us have a better future.

[drixty]

It will be dangerous if you dont have enough knowledge about it. You should learn how to analyze the market and always put in mind the right strategies for a safety investment. Then you'll be fine with it.

[Ankush2108]

Actually Crypto is not that much dangerous if you have proper knowledge and you have a power of patience but it is for beginners or if you don't have proper knowledge and some Countries banned Crypto because they don't have proper control on it and they think if people loss money then it is a loss for county economy as well as.

[wowkapo]

crypto has risks, risks of losing their money, but I do not see any danger .invest wisely and there will be no risks

[ardodd]

I think that it could be dangerous for a government only, because crypto is too independent and it could not be under the control and this fact is confusing.

[jdkfy]

For me, I think the encryption market may be dangerous or not dangerous. It depends on how I treat the encryption market. In fact, many negative news will make the novice feel scared. We can understand these negative news, but not Let negative news affect our emotions, we can be vigilant, but be sure to be sensible

[syusk82]

Because encryption has no policies to constrain its health. So encryption is fraught with all sorts of risks. But encryption is supported by most countries.

[brokkoly]

If you think that crypto industry is very high risk, then you better start looking for a better industry.  But if we look at the profits we can get from crypto currency, then I will think, this is a good industry

[phammai524511@gmail.com]

It is depend on the matter that you are talking about. In my opinion this crypto industry harmless as you might imagine, this full crypto industry indeed the risk but if we take care it is not a problem. If you are talking about ICO

[alient86]

First, the authorities limit the cryptocurrency, because it is not taxed, and secondly, the cryptocurrency is anonymous, because on the Internet you can buy a lot of forbidden things

[mcvince69]

Unpredictability. If there is no experience on the stock exchange, patience, not enough studied processes, the investor is too reckless, you can go to a significant disadvantage.