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Author Topic: is crypto industry dangerous ?  (Read 5752 times)
terkapar
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July 27, 2018, 07:11:15 PM
 #1401

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


dangerous or not crypto depending on the views of each person. I think if careful in investing in crypto then there is no word of danger. the government forbids crypto and thinks it is dangerous because crypto can not be monitored by the government, and its fear is misused by evil people.
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Tosterg
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July 27, 2018, 07:16:38 PM
 #1402

But what do you mean, threatened?
Really dangerous the word is used in a pathetic question, negative thoughts, etc on this forum But crypto is not dangerous, but miserable news is that it is used in many illegal works.
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July 27, 2018, 07:18:20 PM
 #1403

But what do you mean, threatened?
Really dangerous the word is used in a pathetic question, negative thoughts, etc on this forum But crypto is not dangerous, but miserable news is that it is used in many illegal works.
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July 27, 2018, 07:25:47 PM
 #1404

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 dont think it's dangerous, yeah it has huge risk depending on the coins you are betting with. So i suggest everyone who don't have enough knowledge or proper trading techniques must do their own research to know more how cryptocurrency or tokens works. not just because someone suggest to buy this coin or that coin is sure can give you profit so be wary and DYOR and keep HODL on!

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July 27, 2018, 07:25:52 PM
 #1405

In crypto there is a great opportunity to lose money due to theft. As a result of the attack on the exchange platform, crypto currency, or infrastructure use.
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July 27, 2018, 07:29:09 PM
 #1406

Yes of course but also it is also secured in terms of investment, the cryptoworld is dangerous because there are a lot of people or hackers that can steal your tokens or can get you scammed if you are not knowledgeable enough about on what you are doin, so be very cautious on how you transact to the others because it can be a scam or can get you hacked
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July 27, 2018, 07:29:29 PM
 #1407

It seems to me that the reasons can be different. Perhaps for not being able to control the crypto currency, or for the huge scam in the ICO sphere.

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July 27, 2018, 07:31:47 PM
 #1408

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, cryptocurrency is dangerous to both banks and the government. The government consider it as a dangerous thing because it is a decentralized system and the government are after controlling anything about cryptocurrency. Since its uncontrollable then they classify it as a dangerous technology.

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July 27, 2018, 07:34:04 PM
 #1409

I think no . Because crypto field i nt a gambling field . I this field you can use your knowledge and experience to get profit . And also you have to wait until receive profit .ex you have to wait coin goin up before sell the token. Never sell tokens with loss profit .if You have basic crypto knowledge this field is not dangerous .
curly228
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July 27, 2018, 07:37:09 PM
 #1410

I think so so because all finances industry are ver risky . But we in Russia have one good proverb "Who does not risk that one does not drink champagne".

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BitNotByte
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July 27, 2018, 07:53:21 PM
 #1411

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 think the word dangerous only fits if the person invest everything on crypto like his life depends on it  Grin Grin other countries ban crypto because of the threat, it's not really dangerous but rather a high risk investment. Some countries are still not open to the idea of cryptocurrency

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July 27, 2018, 08:04:47 PM
 #1412

It's because once it is implemented in a country, it will be hard for them to earn, coz they only earn with the taxes paid by the company and stuff, but in this case crypto is decentralized and they can't get some taxes from it.
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July 27, 2018, 08:07:51 PM
 #1413

If you are note oriented in crypto, then it is very dangerous. You should know about the volatility or you will sell your coins too early Wink.

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July 27, 2018, 08:22:30 PM
 #1414

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


It's not that it's dangerous, but it is risky, which I think what people connote as dangerous about it. The fact that the cryptocurrency market has assets that are quite volatile and change value every now and down seemingly without warning, that has already put so much pressure and doubt on many people who wants to be in the market and even to those seasoned ones that have been in the market for a long time. However, if you really are serious with venturing in the market, then whatever obstacle is in front of you should be manageable and tolerable.

satria stell black
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July 27, 2018, 08:27:04 PM
 #1415

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

As long as we can choose a promising crypto coin. I think it does not matter and is not dangerous. But if we get the wrong choice and ultimately we are deceived of course it will harm us. And the future will be a danger if we keep repeating it.
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July 27, 2018, 09:25:48 PM
 #1416

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
This industry is dangerous for those who don’t know when to stop and don’t wish to watch and analyze. You have to respect some rules of security and be careful and you’ll be out of danger.
teskostecenje
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July 27, 2018, 09:31:43 PM
 #1417

Or should I say, it can be manipulated by some big whales. Basically it's all about supply and demand so whoever hodl more coins can somehow plays a major role about its price. Crypto industries is risky but being risky is just mean more profits can be earned. It's not dangerous if we already know how to handle the situation.
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July 27, 2018, 11:33:21 PM
 #1418

Just as the world  in entirety is, that has both good and bad things, so also, is crypto. What i do is to learn from every experience, either good or bad.  This will make me better.
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July 28, 2018, 12:31:04 AM
 #1419

In any industry there are risks. Without risks, it's very difficult to earn, but as soon as we start taking risks, we have a better chance of getting rich
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July 28, 2018, 12:35:03 AM
 #1420

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

Cryptos are banned by some governments because they can't control the implementation of them, on the right hands, cryptocurrencies could change the world even more than what they already did.
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