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Author Topic: is crypto industry dangerous ?  (Read 5755 times)
strawhatters
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July 29, 2018, 03:17:51 PM
 #1441

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


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rfj
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July 29, 2018, 03:46:51 PM
 #1442

Well for me I think countries banned cryptocurrency because it is a major threat in the bank and its relationship to the government.

Alpinat
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July 29, 2018, 03:52:47 PM
 #1443

Crypto industry is very dangerous to those people who don't know many or lack of knowledge about crypto world or digital world. Many people are now getting interested in cryptocurrency including those fraud that the only know to do is to scam people. So you'd better to read first before entering the world of cryptocurrency.
williamphay88
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July 29, 2018, 04:23:25 PM
 #1444

Probably it depends on the point of view of people who had knows about cryptoworld. On the country which has a distinct law the goverment will ban the crypto to save their economics and grows those country currency. I think the attention is to be needed remembering that currently there so many scammers around the cryptoworld that will harm many people.
cergikom
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July 29, 2018, 05:02:28 PM
 #1445

It is not danger but risky, i think those are two different thing. I know many countries ban crypto, but crypto wont die because it is legal, crypto is not trying to scam us however many project try to do that. So it is gonna be good if in any country, they make a regulation to crypto so we have a clear rules about what we can do or we cant do.
Miminaha
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July 29, 2018, 05:04:21 PM
 #1446

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 is really dangerous but i doubt that it is more dangerous that any other industry i  the world, you just nee to be careful
Miminaha
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July 29, 2018, 05:05:02 PM
 #1447

It is not danger but risky, i think those are two different thing. I know many countries ban crypto, but crypto wont die because it is legal, crypto is not trying to scam us however many project try to do that. So it is gonna be good if in any country, they make a regulation to crypto so we have a clear rules about what we can do or we cant do.
everybody has some troubles, but it os not the fajlt of the industry, it is your mistkes and you can ,earn from them
Welckomtome
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July 29, 2018, 05:06:13 PM
 #1448

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 can not say that crytptocurency industry is the safest in this world, but you can minimize the risks, in my opinion
Welckomtome
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July 29, 2018, 05:07:09 PM
 #1449

It is not danger but risky, i think those are two different thing. I know many countries ban crypto, but crypto wont die because it is legal, crypto is not trying to scam us however many project try to do that. So it is gonna be good if in any country, they make a regulation to crypto so we have a clear rules about what we can do or we cant do.
everybody has some troubles, but it os not the fajlt of the industry, it is your mistkes and you can ,earn from them
that is true, if you lewrn first and then act, youmwill save a lot of time anf money, i believe i it, so be careful
chosenboy4
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July 29, 2018, 05:41:37 PM
 #1450

Lack of knowledge to cryptocurrency is most dangerous thing to have while you are entering into it. it is like going for surfing in ocean while you don't know how to swim.
everythingforsale
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July 29, 2018, 09:00:06 PM
 #1451

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've heard recently that in United States there was some Iranian refugees who had some bitcoins and they just get confiscated for nothing, so it's caused me to think that it is really dangerous to be involved in crypto in some areas of our world.
efey39
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July 29, 2018, 09:03:01 PM
 #1452

According to me, the danger of crypto is getting worse every day. now the most dangerous part is hackers. you should carefully protect your passwords. crypto currencies are moving rapidly towards becoming universal.
NetCastle
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July 29, 2018, 09:04:13 PM
 #1453

I do not think that the crypto industry is dangerous, maybe it has risks, but it is not dangerous, because you can unsuccessfully invest all of your funds, but this is a mistake in your analysis when choosing projects.
smagt7
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July 29, 2018, 09:18:05 PM
 #1454

Dangerous how? It's risky, because there are too many variables in play. The prices of crypto are highly volatile, the market rises and falls hard, people lose money, but it also stabilizes and if you're patient, the risk is minimum.

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bitcoin2048
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July 29, 2018, 09:48:41 PM
 #1455

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

Cryptocurrency can be dangerous only in terms of losing your money while you will tread on properly or you will store your passwords on save, the same with sharing your private keys somewhere. I mean being not careful.
galahads
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July 29, 2018, 09:56:17 PM
 #1456

 Smiley
Blockchain and Cryptocurrencies are still young technologies and their usabilities and influence areas will be growing for quite a long time
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July 29, 2018, 10:10:12 PM
 #1457

Yes, this is a pretty dangerous sphere. There are no guarantees of safety of the enclosed investments, since the cryptocurrencies are not provided with real assets, they do not have real value and do not contain obligations of any persons to return money.
inetto7
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July 29, 2018, 10:14:27 PM
 #1458

I believe that working with crypto-currencies can be dangerous. There are many thieves and hackers who are ready to somehow get someone else's crypt, which can directly threaten the life of the coin holder. Well, there is a risk of losing everything if you invest illiterately.
Gab20
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July 29, 2018, 11:51:52 PM
 #1459

I think some countries are just trying to protect their citizens against  scam. Apart from that, there are some countries that are afraid that crypto might take over their economy.
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July 29, 2018, 11:53:41 PM
Last edit: July 30, 2018, 12:05:11 AM by retnoanjani
 #1460

Dangerous for those who have no knowledge of cryptocurrency and recklessly invest with it just because it affected mass hysteria. Although high risk but can be overcome by studying the ecosystem of cryptocurrency seriously.

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