is crypto industry dangerous ?

[daryom]

Crypto world may look suspicious in light of the fact that there are still a great deal of obscure territories, lawful part is misty, yet the most hazardous part I believe is individuals ravenousness that makes crypto so much achievement.

[Azzhan]

I think why is encryption banned in every country because they're afraid of money laundering
For ordinary people, there may be information inequality and hype in the encrypted money market.

[last7minutes]

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

The cryptocurrency cannot be dangerous. Oh, yes, if you are working in the banking system, you might lose some clients that will pick exactly crypto but not traditional money. For the rest people, crypto can bring only pros.

[jbdjy]

Well, I think it's dangerous because it depends on how you think about the encryption industry. What you hear about encrypted information is not dangerous. I have heard a lot of negative news about encryption, but I I am more willing to believe that I have personally experienced it.

[Jaber1572]

Due to the inability to track who is the owner of the cryptocurrency, it is popular with hackers, arms dealers and drug dealers. Thus, the cryptocurrency simplifies the circulation of funds between criminal groups. In August, hackers demanded that hbo ransom for the stolen script of the series"game of thrones". The ransom of $ 6 million was supposed to be paid in bitcoin. Cryptocurrency is often used by the participants of the" darknet" - a private network, whose users are difficult to track because of non-standard communication protocols.

[Chelovek789]

I think it is dangerous only for those who do not understand it ,and buy with closed eyes .

[fastrabbit]

because there are many scam projects .Good to see I'm not the only one that is thinking about this. It's surprising how much uneducated investors the crypto space has. You still see people invest in this shady and scammy coins. We do need to look better at the insights of every coin. What team is behind it, is there any management. How strong is the product, is there any product at all.

[chamika888]

Most of the time investors don't know what they are doing and are just pooring money into random coins. This kind of behavior is typically know to lead to crypto bubbles.Being in this bubble is not necessarily bad. You can use this bubble into your advantage.

[fortnite]

It can be dangerous because everyday there are news about it and every minute there is an update about crypto , this can make dangerous crypto but I do not think that is so bad , as some of people say

[blu.storm]

yes fiat is much more dangerous than the crypto, the decentralization of crypto industry is afraid to the banks that can no longer exert their control through the fiat on us

[Dannev]

Crypto industry is a very lucrative industry. I see great future in the crypto industry that if an investor takes good opportunity of the available potential projects, in no time it turns to a huge investment. For sometime now, I have come to realize I have been missing part of the basics to earn well in the crypto industry. Anyway, no time is late. I can still forge ahead and make even more than I expected. All what is need to succeed in crypto is patience and being able to do good research.

[magnat7691]

The crypto industry is very dangerous and unpredictable. All the time you should be on the alert and do not trust anyone, except yourself.

[Wildskull]

For my opinion crypto industry is not dangerous for us and for the rest of the world like most of the people are invested their amount in crypto and just like stock investment they are receiving dividend and other benefits as well as crypto industry is designed for the fast and fair online transaction with out third party involvement so it is good.

[JTEN18]

Yes, crypto industry is dangerous. First thing there are some people who are continuously scamming to get more profit from it and another factor is it's market condition. It is not in control and is unpredictable.

[miraxgr]

I also think that the danger of cryptocurrencies in many countries consists only in the fact that as soon as she walked into their life. Many state and banking organizations will simply lose their power over people. After all, we were firmly planted on Bank cards earlier, each transaction in our banks can be traced from the very beginning to the very end. Now imagine include cryptocurrency and then they abruptly lose this feature, and someone who sent a particular amount. At what these payments can be carried out and outside the country, and for them it is most terrible, as will begin to leak capital outside the state. This is my personal opinion. In others, it may be different.

[zhongzy]

The crypto industry is not dangerous for traders like us who trade with bounty hunters and small capital. The real danger is for real money, banks and states. They want to control the crypto money industry. But they can not control it.

[kaluwa65]

The peril of the encryption business originates from individuals' ravenous figure medium-term and they are enticed by tricks. With a specific end goal to ensure daze financial specialists, the predominant press is continually advancing the risk of this industry. Truth be told, it is the same as different ventures.

[lee cooper]

Industry crypto is very fun for those who have succeeded and eat many advantages.
But for those who fail will feel threatened his wealth, so who feel less confident with the crypto industry better do not try because this will spend your money.

[mezzaluna]

We must know the advantages and disadvantages of the Cryptocurrency Industry before becoming fully involved with it. We know that Cryptocurrency is on the Internet and we know that the Internet is not that safe anymore but if we take the fact that Cryptocurrency is integrated into Blockchain which has a high class security then we can partly say that it is safe on some terms and might be dangerous for other terms. We just need to be mindful on whatever we are doing to be away from dangerous acts that might lead to big losses.

[alient86]

The thing is that crypto is anonymity, which is its advantage and at the same time a drawback. In addition, there were many scammers