is crypto industry dangerous ?

[TheSenior]

Cryptocurrency as a new industry is very unstable compared to the existing traditional industries. If you want to invest in cryptocurrency, you must carefully consider it.

[Catch-22]

The only danger I could think of in the cryptocurrency industriy is the risk of losing one’s investment. Which is no different from any business venture. But ultimately, everyone will benefit once bitcoin becomes mainstream.

[furball64]

Crypto currency is dangerous for people who think that you can sell an apartment and a car to invest everything here and in 2 months you will have an amount of 2 times more.
There's a chance to lose everything much more than to earn, especially for new people.

[arpaul]

Many countries are banning the use of crypto in their country because crypto endangers the position of virtual currency in those countries . With the crypto, the country fears the population will switch to crypto and then abandon its virtual currency. And of course, it will affect the people who are already working will become interested in crypto then they quit their job to join the crypto. Of course, it would be dangerous for industries and companies.

[Redredred]

Some countries have expressed their dislike of Cryptocurrency to it being anonymous. Some expressed that although Cryptocurrency transactions are very transparent, it allows people to stay anonymous and that enables the easy influx of scam and frauding.

[gundala]

The only dangerous aspect of cryptocurrency is the fact that the price is too volatile as fast crypto price can shoot up as easy to fall at the same time.

Price changes are quite difficult to predict. But if you can do the right analysis, the price changes are very profitable. In addition, we must also be able to understand investment techniques, market analysis, and emotional control in maximizing investment.

[Emmax]

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

They might have their own reason but for me, I don't know why they hate this amazing technology. I think they might be thinking, it will affect their economy but not knowing it will involve the country. But most countries well know, this  countries recognized bitcoin and this Blockchain technology that it will change the world.

[paul gatt]

Not a dangerous cipher industry. Many are still very successful and wealthy by investing in electronic money. Many people find it dangerous because they do not have extensive knowledge about this market. They do not know how to avoid risks.

[autocurently]

Crypto can be dangerous only for those people who are not familiar with it .

[sergey_vass]

Crypto will be very dangerous with the current situation. The current situation is particularly vulnerable to failed ICOs, improper decisions, and coin election or inappropriate programs. Prohibition from various countries on the use of crypto is not a major obstacle.
 Rather its fluctuations in the price of crypto and also a large number of ICO and coin scam makes the crypto situation very dangerous.

[Renaisance]

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

Crypto can be dangerous if you invest all of your money into crypto currency, and do your full time and total income work.
That's because the market changes too much and is unpredictable, plus all your money can be taken from your wallet.
What I'm saying is for now, but in the future it might be different.

[ugur2222]

 i think nothing dangerous about crypto if you join with out capital, the danger is if you invest ah big amount of money and then the ico, or project etc.that you have invested is scam that is the danger

[BoisclaiR]

I think no. If you know how to correctly and intelligently manage this information. After all, any case should be approached with intelligence and endurance. Only then can we expect to succeed in any area of the crypto currency.

Yes it is depending on your experience, study and skill, if you have good experience in trading cryptos then there is no doubt that it not dangerous but is a good opportunity and mean of making a good money in a short time. i think we need to get some experience first and after that should increase our investment. 

[goldenmistletoes]

I would say its risky and exciting rather than dangerous. Crypto industry is very unpredictable thats why a lot of investors are very hesitant to try it. On the other hand, its very exciting because you don't know what will happen. Its also very profitable given a proper preparation and excellent decision making. This industry is for risk takers.

[naveenchandradasa]

Dangerous? What did you mean by dangerous? Yeah all we know there is bit fall in coin market cap, Because there all the coin with little drop. We can't make predictions about how the coin market behaves. But I thoroughly believe it will recover as soon as possible. Some legendaries and Whales just put some notices about that. So, don't be scared of this little drop.

[mrspumpkin]

As long as you are investing wisely and smartly then you have nothing to worry about. Everything is dangerous if we make a wrong decision but i think that there is no danger in crypto industry if you do your own research

[Kreks]

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

Crypto currencies in my view are similar to the gambling business where you give up your money and what determines is an indicator, but crypto currencies can be predicted, while gambling cannot be predicted at all. Because the city plays very beautiful.

[Todoroki]

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

Crypto currencies in my view are similar to the gambling business where you give up your money and what determines is an indicator, but crypto currencies can be predicted, while gambling cannot be predicted at all. Because the city plays very beautiful.

Maybe you can really lose all your money in one day. Not like that cannot happen in other types of investment, but it happens more often here I think.

[kordon16]

Unpredictability!! Who will be able to say with absolute certainty that the cryptocurrency will grow by 100, 1000, 10000 times tomorrow? Or, on the contrary, to depreciate two, five times? Or even fall to zero? So this is a very risky thing, and just do not get there.

[vbkfirf28.02]

I believe that integration with the new technology and industry is something that can protect States from such a great danger as Blockchain.