is crypto industry dangerous ?

[JCO05]

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 and risky are two different words and in my opinion, cryptoindustry is just risky but is not dangerous for an individual. It happened that volatility is a natural phenomena particularly with the market value of every crypto which serves as a risk for the users as well as investors because of the loss of profit probability especially during backdrops.

[minipun]

yeah there is a risk because there are lot of scammers in this field so that will cause losing money of new comers (mostly). In other hand there trading and investing in ICOs are also risky. just do a good research If you gonna invest . it's not dangerous if we can be smart a little  

[bchdfsy]

The technology itself can not carry a threat. People can use it for bad purposes. Therefore, now it is necessary to think up ways of counteracting crime in the sphere of cryptocurrencies and everything will be fine.

[gioangelofelix]

There are many reasons why people says crypto business dangerous, it is only beyond the person on how the way they manage and how the way they used. But danger thing in crypto business are very less when we compare to the total good contribution of crypto into community, and the more also in the development of world economy. There are also people afraid to invest in crypto business, because they think the negative future on the dangerous thing to happen, and to all people having negative analysis in crypto business are comes into nothing of good future income.

[bixorastexante]

I think that this is not true, that cryptocurrencies and blockchain threaten anything. Cryptocurrencies are a tools, at this moment it is a tool of speculation, and then they will become a means of payment. And this does not make them a threat

[btcoin]

I absolutely do not agree that cryptocurrencies are a threat. This is a new technology, this is the future of the economy and the whole world, just the existing system is not yet ready for it.

[Fasdartin]

I absolutely do not agree that cryptocurrencies are a threat. This is a new technology, this is the future of the economy and the whole world, just the existing system is not yet ready for it.

all investment are dangerous but its all up to you who you could trust. i think investing in crypto industry is also dangerous but you have to take the risk and trust crypto to make your investment increase. its all about money , so you just need to be careful because many people out their will do some stupid things just to make you in trouble so before talking to someone don't easily trust them because we don't know what their plan.

[lubasik]

The market of crypto currency is more volatile than, for example, the stock market. When the stock enters the exchange for the first time - its schedule is similar to a saw, it is thrown from side to side, as traders do not yet know what it will be in the future. The same thing happens with the crypto currency now. It is dangerous to put a stop loss, it is better to take a long time.

[hanapre]

In my opinion at the moment it is very difficult to say generally about the cryptocurrancy industry, but if we now start clarifying examples of new projects or even talking about projects that are being made today, of course this is noisy. In addition people save money in cryptocurrancy rather than spend it on products.

[angelomoraaaa]

Crypto industry is an extremely lucrative industry. I see extraordinary future in the crypto business that if a speculator accepts great open door of the accessible potential ventures, in the blink of an eye it swings to a gigantic venture. For at some point now, I have come to acknowledge I have been missing piece of the rudiments to win well in the crypto business. Anyway, no time is late. I can at present progress and make considerably more than I anticipated. All what is have to prevail in crypto is tolerance and having the capacity to do great research.

[psiquis69]

For me, if we look at the nature of crypto, it is not dangerous, it is very safe for all areas, not interfered with by any third party. I believe the future of crypto will be very good.

[gumpoh]

Everyone's dangers are different. Just like cryptocurrencies, the risk factor for investing in Bitcoin and investing in altcoin is different. The risk factors for investment funds are different.
So the danger depends on this person and not on the encryption industry.

[alahmadcoin]

It perhaps perilous in a way that individuals have a tendency to be covetous and will effectively benefit from other individuals, I mean this what we called programmers, con artists. They are wherever even our supposed companions can sell out us due to cash.

[LindseyPrice65]

Cryptocurrency is not dangerous to a country. The danger is that the people who trade them are the ones that risk cryptocurrency. Their exchange and phishing cryptos make the economic part of the underdeveloped countries more difficult. So the governments of these countries do not want the cryptos to destroy their economies.

[ProstoCrypta]

In General, they can destroy States. Since the monopoly on the production of money is being removed, control is getting out of the government.

[Golstrim]

Think about your attitude to crypto. if you put all your money in crypto in January, so your portfolio should be in 80% loss, that's why you consider crypto dangerous.
On the other hand, you could apply money management and cash out after a certain drawdown and then buy crypto on current level.
I do think that crypto is risky, but potential profit is more.

[kinamotorami]

Exactly, I also fully confirm that the cryptographic market is dangerous, investing business in them can not predict the risk or failure. So consider before making a decision

[Brunoaoi007]

Crypto aint really dangerous, The reason behind the ban by some countries is based on the fact that Government cant have full control over it. Government all over the world wants to have total control over anything that has a monetary value attached to it. They also believe crypto can be used to fund terrorism and it can be used for money laundering

[MonsterBlazer]

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 is not dangerous, the state is only afraid if crypto is misused by criminals because the government cannot control crypto and monitor crypto.

[Ethreyes]

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

A very big no...  Cryptocurrency is not dangerous but what is dangerous is the person who misused it...  Cryptocurrency itself will not harm us infact it will be the one who will lift us and bring us to the changes we are all dreaming but what hampered this goal of cryptocurrency is the government and other people who thinking that it not good...  The people who will easily judge the purpose of cryptocurrency is those who truly doesn't understand it well... But if you think you are capable enough to be part of crypto industry why you will fear the risk...  It is only for a coward person...