is crypto industry dangerous ?

[Jonesdoo]

I think this industry is very dangerous. The cryptocurrency I invest in now has caused me to lose 80% of the funds, but I still haven't sold them because I am waiting for the market to pick up. If it dies, then I will lose all of it. Money, if it breaks out again, then I can make a profit from it.

[HornChrist]

I would not say it’s dangerous I woul say it’s risky and not relabelled. A lot of countries don’t except crypto because they’re are scared. All people who are in top , politicians, leaders etc they are earning money from banks quick loans etc and crypto are against system.

[julzcoinbit]

maybe because many countries think that crypto can be used for transactions of prohibited goods, money laundering or terrorism financing so that many countries prohibit crypto, but for me crypto is not dangerous because crypto has a positive side and facilitates transactions between countries, can open jobs, and is a development excellent technology for the future

I think Its depend upon the Government In a country how did they understand the crypto. Some countries thinking about that bad habit might possible be happened once they accept cryptos. And some few countries like Japan where as totally accepted cryptos to their country which Is they used bitcoin as an alternative money.

[Kunal666456]

As the fluctuations in life continue, fluctuation in crypto currency also keeps coming.But letting it be called Dangerous, I do not feel right, it can be called Risky.
The more risk the more money,

[Jaci]

I think not only crypto industry dangerous, in this online industry, most of the program is dangerous. As I know too many exchanges already scam and kucoin also lose his all money. When and which platform will be scam no one can make a idea so all are dangerous. We need to careful before invest any kind of platform. We can’t balm in cryptocurrency industry.

[Mars13]

From a finance standpoint, this market is unregulated, volatile, and speculative and  dangerous for naive people and those persons who is new in technologies but if you know how to manage your risks and diversifying your investments, you would be less disappointed and frustrated as others will follow, some will rise.

[Ulya63]

You should be aware that all assets have investment risks. And the crypto-currency industry is not an exception to the rules. Now at such times in the falling market to invest is very risky and dangerous. Almost 90% of the projects that go right now to coinmarketcap do not cost more than the value on sales. In such times, you can make money by trading them on exchanges and more and nowhere else.

[Rostock]

Depending on what exactly you do, but still I think that cryptocurrencies are dangerous for many people, because many people do not want to think with their heads.

[shkon5]

The encryption industry is dangerous, and the encryption market is more risky this year. The price of cryptocurrency has fallen sharply in this year's market. People who invested in this year's market have lost a lot.

[nade70]

if you doesn't use right everything is risky but of course crypto has own unique risk area and now a days not funny anymore.

[vcrypte]

Cryptocurrency is a basic lack of understanding of it and ability to understand it. Cryptocurrency is our future and it can not be dangerous.

[kkamilov]

The crypto industry is dangerous for people with a shattered psyche and for those who do not want to develop in this market

[rajakulam]

The risk of investing in crypto is no compensation if the assets we have suddenly disappear due to being stolen, and we have to give up if the coins we hold continue to decline.

[WiiD]

Investing in crypto currency is a big risk, but here you can get a good profit. Before entering this market, you need to carefully study it and start with a small investment that you can afford.

[Toing_Jr]

I did some research nowadays, and based on that research, for me Crypto industry is not dangerous, if you will do proper research before entering in this market. It is very promising market and there are a lot of potential projects. It's just  beginning of this booming industry, many countries are planning to regulate the crypto because this industry is rapidly growing many new people are entering in this industry. Any thought?

[actimelfortelun]

I don't see anything dangerous in the crypto industry, we just need to be vigilant and careful .

[celakkenyang]

If everyone is bad at using crypto, crypto business will be at risk and cause losses. crypto only requires people who are smart in terms of managing and trading on the exchange.

[liliano]

which makes crypto very frightening and profitable at the same time has the potential to cause a bubble of value and is speculative

[Devawnm367]

I believe most countries that ban crypto ban it for both taxes and volatility. Right now Bitcoin is down almost 75% from less than the ATH ( All TIME HIGH) OF $20,000 USD. IT IS VERY DANGEROUSE ONE DAY COULD BE MILLIONS THE NEXT DAY A COUPLE THOUSAND. How many times have you heard Lambo since the crash alot of people are loosing faith!

[yescrypto]

Crypto industry is not dangerous in any way but you can say it's a bit risky for those who don't know much about the game, cause crypto is a flexible thing or u can also call it frigga thing which need to be carefully deal with in other to make gain out of it, no being too serious about it if you are to be a fresher in the game you just have to be studying all what it is all about in other to avoid calling it dangerous like you just did.  Crypto is not dangerous only risky as all good things in life come in a risk way.