is crypto industry dangerous ?

[indriasyifa]

Cryptocurrency is considered dangerous in some countries, for several reasons;
1. Cryptocurrency in several countries is considered a means of payment that facilitates crime, terrorism and other transnational crimes.
2. Cryptocurrency is vulnerable to fraud
3. Cryptocurrency will disrupt a country's economic stability
4. Cryptocurrency will replace a country's currency
actually this reason is not logical if we see the emergence of cryptocurrency is very helpful for a country to develop.

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[Alexarik]

This is a temporary phenomenon, like lack of infrastructure. Since crypto-currencies are not legal means of payment and currencies, commercial enterprises do not have a legal obligation to accept them as means of payment.

[bapangkiran]

I think dangerous word is too much to describe the world of Crypto. In my opinion, countries that ban the crypto world in their countries are not dangerous, but because there are some parties who will be disadvantaged by the progress of crypto itself if crypto is legalized, even though there are many advantages for the state that allows crypto in his country. And now more and more countries are legalizing crypto, it is proven that crypto is not dangerous.

[Bitcoin_Delivery]

Certainly dangerous. because investment here is very high risk and also very risky. if every person makes a mistake they must be prepared for the risk he will get

[matico]

There is no danger in cryptocurrency except you deliberately put your fund in danger! The way cryptocurrency work is such that you have to depend on yourself. The level of your knowledge, skill and experience will determine yiur success in cryptocurrency space!

[samekto198]

in my opinion it is more appropriate to risk than dangerous words.

[Kyo Kusanagi]

I think the encryption industry itself is not dangerous, but some illegal elements use this technology in an unfair industry, then it becomes dangerous, so I think the industry needs to be more perfect, so that illegal elements can not use this. A technology and regulate its use.

[mmocrypto]

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.

[dbangel1994]

There are risks in any business not just in crypto currency. And I believe that it is risky but it isn't actually dangerous if we know how to handle it. I believe if you are careful with your investments there are very less chances that you will find this industry as dangerous.

[sdshd]

I think a lot of reasons have made encryption very dangerous. For example, many people add encryption and fail in encryption, lose a lot of money, and then many people who don't understand encryption have a first impression of encryption through these negative news, so many People will think that encryption is very dangerous, and many governments only promote encrypted negative news, only to advertise the benefits of encryption, so this makes encryption dangerous.

[pompinkpomelo]

It's dangerous in the sense that there are a ton of scams that you have to try to avoid. Many newbies fall into those traps.

[Alex_marik]

Crypto currency does not have a single rate. For example, the course of bitcoin can vary several times a day. Some people try to make money on it: to have time to buy a digital currency cheaper and sell more expensive. However, while the sale is taking place, bitcoin has time to change its course several times. Therefore, his fans should be ready for a loss of investment.

[albertvahitov]

Maybe the industrial crypto is considered dangerous for a country and government because, crypto is very anonymous, so it is potentially used for negative things.

[kcgk]

The encryption industry is not dangerous. I think people's fear of encryption makes encryption dangerous. I think people who don't understand encryption should not easily listen to other people's failure cases and have fear of encryption. When you experience encryption firsthand. You will love encryption, encryption is a great advanced technology, people who have added encryption, I hope you must maintain enough patience

[blckhawk]

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

Hi there! I'd like to share my opinion towards this topic. Well, I will correct something first. First of all crypto is not totally dangerous the coin is still a coin, crypto became only dangerous because on how people used it. Bitcoin and the other crypto could be use as a medium of transaction on any sort of technology thus, if there would be a secret transaction might be in surface web or down beneath to what we see then transaction cannot be undone if bitcoin or the other crypto would be in use for payment and so on.

[Cilorku]

What makes it dangerous is that because it is not issued by the state, nor is it permitted by the state, the state does not collect taxes, and the flow of funds is not regulated, so that fear of damaging the existing financial system and Crypto can devalue the country's most powerful currency.

[KDjr]

It just depends on our strategy. So it is not dangerous - it is a new technology which will turn world round.It is just dangerous if you don't have enough idea and skills on handling it. I believe that it is risky but it isn't actually dangerous if we know how to handle it and we know how to keep our earnings safe as well as our private keys.

[wooiuy]

I think the encryption market has a lot of risks. We are not everyone who can make money by investing in the encryption market. This year's encryption market is very bad, and many people have lost a lot in this year's encryption market.

[DeleikesiL]

Yes, this is a dangerous industry, and many people have lost a lot of money in it. But the benefits and risks are directly proportional. There are also many people who can make money in cryptocurrencies.

[happness2]

For beginners, this is risky because they know very little about reliable websites and activities they join. In the case of scammers, they face high risks. You may end up buying the wrong coin and getting no return to reduce risk, invest in education and first understand the basics.