is crypto industry dangerous ?

[Candice]

Encryption is sure to be dangerous. The price of coins fluctuate so much that you can't predict how much they can go up or down.

[AndyKete]

Frankly, currencies must be treated as highly unstable incoming the short term but nowadays  they would be considered tolerable risky by holders.

[seyola89]

Cryptos trading is very volatile for now and can cause significant loss of capital. It can as well bring huge profits though. Maybe some govt or people are trying to prevent citizens from engaging in the high risks involved.

[MudahDanHemat]

one might say cryptocurrency does have a fairly high risk, due to its fluctuating so that its value can be changed at any time. but it could certainly be minimized in order not to lose big. for that much-needed knowledge of the crypto and certainly, have a lot to learn.

[Santoribtc50]

Well, everything or anything that involves money is very risk to take. Imagine that you are wiling to risk your money for a greater profit. For a larger income. We have to risk everything for us to gain something.

[HusmayaTa]

It is unsafe for banks and government. In numerous nations, governments have not yet discovered a technique to control digital money. Along these lines, a great deal of cash goes by banks and nations. Individuals don't pay assesses on benefits from digital money. There are an ever increasing number of jobless tycoons. Notwithstanding, we can not state that today the digital money introduces any threat to the world economy, yet relatively few individuals have changed to cryptographic money.

[@ophiuchuss13]

Crypto currency is dangerous only for banks and management because they are not needed as intermediaries. for an investor this is an attractive prospect, with certain risks, but this is like on any exchange.

[tendor]

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

[texas23]

usually states prohibit the circulation of payments using crypto and for companies based on crypto technology or more precisely blockchain usually not prohibited origin according to existing regulations. so the problem today is that many ICO companies are deceptive and do not work properly therefore from harm many things like us who have been promoting them through bounty campaigns so there is no payment or stop in the middle of the road. hopefully this doesn't continue until over time and doesn't cause negative perceptions for investors.

[The Alchemlst]

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 it is only dangerous for those who have a extremely large worth of fiat when it comes to cryptocurrency holdings. Those person should make extra measures in protecting their account since they are prone to be targeted by hackers.

[MV7]

No, it's not inherently dangerous.

News outlets and governments will say terrorists use crypto to fund their operations.

But then do we blame Windows computers because terrorists use them to do terrorist stuff?

[KenKaneki9x]

 There is nothing as good as decentralization and there is nothing as bad as decentralization all depends on how people make use of it. Crypto industry creates fear to some government because of the decentralization while some government only embraced the technology behind it which is blockchain.
Another reason why crypto may be dangerous to government is the ability to trace transactions, if crypto industries are to be legalized it means funds is legalized to enter crypto which indirectly means loot can occur with no trace.

[goodfortune2018]

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, crypto is really a dangerous invesment especially for new investors, so we should be careful in doing business with cypto and ensure to have enough knowledge before investing our money.

[Rtalk]

It all depends on-for what purposes you will use it.Like any other technology-it can serve both good and nefarious purposes.It's important who uses it.

[success65]

a large flow of money goes past the state in the cryptocurrency industry. in this market, there are many scams, and it opens up great opportunities for corruption! but I do not think that the state can somehow improve the work in this area! they just put the tax on income, and it is groundless! therefore I consider Cho the state shouldn't interfere with this sphere!

[megusen]

Each nation has an alternate feeling about cryptographic money some say's its hazardous to the economy and some say's its utilization in the economy and social duty. unquestionably different nations band of utilizing crypto in light of the fact that they believe that it can be utilized as a part of some tax evasion, or some unlawful exercises like purchasing drugs, bolster fear mongering, not to imagining that it is useful for economy and private enterprise of the nation.

[kingdomofhearts]

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 all depends on-for what purposes you will use it.Like any other technology-it can serve both good and nefarious purposes.It's important who uses it.

That's the most dangerous thing - who uses it. Because cryptocurrency can be used for many reasons and in so many different ways  to the point that the underworld people can use it too..

[CryptoCoin8487]

No crypto is not dangerous just like fiat money cryptocurrency also a money that whoever want to use it in bad activities we can call it also a dangerous in short not crypto currency or fiat money are dangerous but the people who use it are dangerous.

[yadan86]

It is safe to use an encrypted currency. The block chain is an excellent invention which is not suitable for swindler or forgery. But at the same time, the encryption currency is also unstable, but it's not reliable.

[Shansov]

Maybe for the old economic system, it was dangerous . If properly prepared, this risk can be minimized.