is crypto industry dangerous ?

[annicketucufaw]

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

Dangerous to people who really don't understand the true purpose of it. If you are really a supporters, it doesn't matter how many countries banned it, as long as there is one who believed in it, crypto will not die. Better understand every bits of its information so that it will be less dangerous and will be convenient to use.

[Abbey77]

Y

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 would prefer using the word risky rather than dangerous considering that in crypto, anything is possible to happen. The risk is great but the profit can be big too. But if you're not that knowledgeable about crypto market, there's a possiblity to loose your investment.

Yes using the word 'risky'is quite better than dangerous to be here there were a lot of risk in cryptocurrency, but it depends on individual knowledge about it to handle any challenges that may be faced

[trantu8461520@gmail.com]

It is not a danger in the states but Bitcoin is a decentralized non-coding so that the government should not control these currencies is completely transparent in all peoples so many banks are affected in country. It's like a competitor and goes against the government as well as the bank. Therefore it is always afraid

[kiw_91]

Great returns / profit comes with great risk and cryptocurrency is a very high risk investment. The risk but the risk can still be mitigated and reduce if you research and study before making any decision. The volatility if the market makes it very susceptible to price and market manipulation. Soo always research and ask questions before making any decision. Do not fall for scams such as Pump n Dump. And always ensure to invest in money that you are willing to lose. Do not put all your life savings in it.

[LARSBAK]

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 don't think that some countries ban crypto because crypto is dangerous, I think the government is doing that because crypto is decentralized so they cannot control it. I think because of that.

[4garret]

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

because cryptocurrency is not transparent, the government cannot monitor community activities on cryptocurrency. for the government it is very dangerous, because it could be misused by criminals.

[dario.93]

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 is dangerous in two ways in my opinion you can lose your mind if you are about to invest and also you can lose your time which is more precious then even all the money.

[leow]

Yes, I agree with the opinion that the cryptocurrency is dangerous for many countries only by the fact that the rulers will lose power over money and all financial institutions of the country. And this power they rooted for centuries. And with the advent of a decentralized network, all this is in danger of extinction. And they are afraid that such a system can not be controlled, because no one owns, and for them all that is not controlled causes fear and fear. They are used to all control who, who, how much, when and so on.

[chenjkai]

I would like to point out several factors that are not in favor of crypto: the possibility of losing funds due to theft. As a result of the attack on the exchange platform, crypto currency, or the infrastructure of use; absence of guarantees of return of the invested means in кpиптoвaлюты. Since such savings are not considered bank deposits, their return is not guaranteed by the Individual Deposit Guarantee Fund; the possibility of fraud. Crypto-currencies can be used to build financial pyramids, which can lead to loss of money.

You have a lot of good points there. Yes, crypto world can be quite a mine field: your funds gets stolen/hacked, nobody guarantees the return of investment in crypto. I also fear that many people will build financial pyramids using crypto.

[Milana Gerson]

If Bitcoin falls below $ 5000. There will be a danger for the destruction of a part of the scope of crypto-currencies. I am sure that the price will not be lowered to this level.

[velive08]

Yes, I agree with the opinion that the cryptocurrency is dangerous for many countries only by the fact that the rulers will lose power over money and all financial institutions of the country. And this power they rooted for centuries. And with the advent of a decentralized network, all this is in danger of extinction. And they are afraid that such a system can not be controlled, because no one owns, and for them all that is not controlled causes fear and fear. They are used to all control who, who, how much, when and so on.

although cryptocurrency is dangerous for many countries, I believe that if there are countries that are ready for crypto risk, they will legalize crypto like Japan. so this is not harmful to all countries, but most countries have not yet received the maximum crypto.

[thecoldnhotx]

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 would prefer using the word risky rather than dangerous considering that in crypto, anything is possible to happen. The risk is great but the profit can be big too. But if you're not that knowledgeable about crypto market, there's a possiblity to loose your investment.

It's a little bit of both. There is a lot of risk and a lot of danger in crypto.

[infinity33]

i want to know what makes the crypto dangerous? to the point that many countries banned the use of crypto in their countries. I want to hear your opinion

Nope! It is delicate for those people who are ignorant in this industry, that's why we need to have certain research and study before we enter the world of crypto specially with investment. Those who speculate about bubble of bitcoin and other haters of crypto are just spreading FUD news so that they can gather people who want to invest in crypto. Probably, they have conspiracy so that they can manipulate the market.

I think the dangerous thing they are refering into is the danger of investing and instantly loosing investments, we all don't want that thing to happen if we invest of course, but in crypto before I put up investments, I make sure that I will study first all the nescesary things that I need to know to make sure that I will not loose my investments.

[edwardsolo2021]

For my assessment crypto industry isn't risky for us and for whatever remains of the world like the greater part of the general population are put their sum in crypto and simply like stock speculation they are getting profit and different advantages and in addition crypto industry is intended for the quick and reasonable online exchange without outsider contribution so it is great.

[btccointalk]

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 not at all dangerous if you really have  clear knowledge of how it functions.

[Redg85]

Hello pal! Many countries ban cryptocurrency only because they afraid they might not get anything from corrupt officials or from people they can easily threat. Although sometimes the goverment itself ban cryptocurrency in their country because they are afraid of people who might lose their money. Any way just don't do anything foolish, and averthing will be well. Cheers!

[Vasya]

Unsafe to those individuals who doesnt recognize what they are doing,but for those individuals who knows how the things function it is substantially less demanding to get benefits from cryptocurrencies.Risking enormous measure of cash with no appropriate research would come about into one thing, loss which can be avoided through investigating a ton before getting into something.

[marcus_v]

It is not dangerous at all and it should grow with its increasing popularity, but it is now called dangerous and risk due to several countries, authorities, governing policing bringing their own policies which works against cryptocurrency, which I think makes it risky asset.

[Saveplus]

Crypto is not dangerous they call it in danger because sometimes the flactuations of price was decreasing rapidly.Government says that investing in crypto is risky but if we know how to understand it and get more knowldege about it to avoid panic when it goes down.

[mammoniter]

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 being risky is the best way to describe it since you don't actually harm or threaten your self by trading and investing to cryptocurrency, I even find it much safer than going to bank carrying money but still the risks comes when you invest in it because of its volatile nature.