is crypto industry dangerous ?

[Pythontown]

Perhaps, you mean risky? If yes, then sure that there are certain risks when buying and selling cryptocurrency. I think that despite the fact that risk is involved trading crypto is a very good method to earn money.

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[Alexarik]

With strong price hikes, an investor who has already earned a lot of money can lose them overnight. As an illustration, you can see the cost of bitcoin.

[hitchcoin]

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 am dealing with cryptocurrency for years and yet I have not faced any bands that would be touching me because I am involved here the only danger that im facing every day is my own fault that can lead to a loss of money.

[Vova050898]

Yes, it is dangerous because its transfers are almost impossible to track who transferred and for what, so the crypto currency is afraid))

[Vova050898]

With strong price hikes, an investor who has already earned a lot of money can lose them overnight. As an illustration, you can see the cost of bitcoin.

if you take an investor for him, the cryptocurrency is dangerous and it is the Grail, the investor can lose almost everything and out of nothing can earn a huge amount)))

[Dinsdendo]

the cryptocurrency itself is not dangerous. but many countries have banned it because they can't control it.

[prechi]

The crypto industry isn't dangerous as it seems... at least, not for me. What you should know is that the crypto space and blockchain tech isn't for people who are lazy... if you are lazy in researching, learning and reading then it will surely be dangerous to you. You need to put in lots of hard work in here to get it right.

[ColorfulJoseph]

Well, I know that there are places where the cryptocurrencies are banned, I don't know how bad it would be to get cought trading with them but I think that you can consider it dangerous too.

[Asuspawer09]

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 riskier than other investments. Cryptocurrencies are indeed profitable but yet, risky due to the sudden changes in the market value of the cryptos particularly the market volatility which is unlike in real estate or other investments whereas, the market value are stable making it less profitable but also, less risky. Therefore, cryptoindustry is risky depsite odf being profitable.

[gabrielkings]

I don't see the crypto industry as a dangerous place. Well, different people with different views... But i do know in the crypto industry, you need to put in great works like research, read, watch youtibe videos so you can be able to get it right and make the money. Only people whose sole aim here is to make money that will keep losing out and tag it a dangerous place.

[Granit0]

I think its not a cryptocurrency industry are dangerous to every country making it banned but rather its a risky investment procedure for the people of a country who believe in cryptocurrency but serve as a awareness not not easily believe for great reward of profit it gets due to some issues of scam website.

[Xumnelok]

I don't think anything hazardous in crypto world, yet we should be cautious from programmers. try not to share every one of the points of interest like private keys and so forth. Else it might cause to threat.

[toygama]

Judgment is dangerous, it can be due to a lack of full understanding, or conflict of interest, and also because the currencies still a new and there are many things that are not understood for some

It's dangerous or risky if we don't understand on how to play that game, cryptocurrency need to be understand well and to be familiarized in order to maximize its importance to help us complement our needs.

[jyotsna060278]

Dangerous?? It never be considered as dangerous. It is "highly unexpected" if it in right terms. Some made hugh money from it and some get duped. It depends upon person to person how he feels about crypto.

[ribolovandrey]

Working in cryptocurrencies is too risky because you invest online and can burn out at any time .

[clingy]

I think the encryption industry is an investment. Any investment will be dangerous. It is important to pay more attention to the encryption industry and rational treatment.

[evok3d]

No. We just need to learn how to work in this area. All comes with experience. Crypto industry is the same industry as everyone else, just more technological

[Ally Loke]

it is more or less safe and you couldn’t say that it is any less safe than credit cards or traditional forms of money.
It is the same way as banks have improved their security systems, so will blockchains.

[kahrde]

It is dangerous because it is quite risky. Not all people have enough brain to be careful and not lose all their money. I heard stories that some people sold houses, cars, etc. and invest everything in crypto. And what would be if they lose their money after all? They will sit on the neck of taxpayers instead of supporting yourself.

[tuanytcc]

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

No, I don't think crypto is a dangerous industry. It dosen't involve to weapons, terrorism or environment pollution. If you think because it has many scams, you were wrong. Everything involve to financial all have scams and it is an inevitable rule