Crypto is dangerous....

[thepers0n]

It is an interesting story. I think people should not spend and invest all their money in cryptocurrencies because it is a huge risk and everything can be changed fast. In my opinion we can invest the amount of  money that we may afford to lose

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[MartinAK]

Quite cool story, it is good you never gave up am sure you really enjoying what you have become and sorry for your exams failure. But we understand everything we do is dangerious is just we have to maintain positive attitude to overcome.

[Chichitalent]

Hello everyone, Today i'd like to share my story.
So in 2017 in sept, I first mined some electroneum coins and they were worth like $200 later, I as a student couldn't afford to buy Bitcoins for trading or holding, So mining did helped me ETN was a good coin, i would mine like 50 a day and it turned 20cents each, I got addicted to crypto and trading but i was scared to trade and lose those 200$ because then i'd have nothing, So from Sept to Nov, i'd just watch graphs and look at coins, Watch videos, try to learn trading and everything and in December i started trading and you guys know what happened at December 2017, But i was prepared so my $200 turned into like $150, still a loss but anyway.
But it went like this and i kept trading and everything, and i was in love with it...... Sadly in my Exams, I failed 3 papers in total 5... Because of Crypto, it takes you away from Real world, So i was disapointed because of it.
Now i trade carelessly without emotions, and i went above $200.. I saw many times and now experience told me its true that trading is 10% skills, 10% luck, 10% patience and 70% emotions....

good luck and enjoy your lives and don't ruin anything.

Edit: I still have high hopes from Crypto and i think this will change my life and i'll be not worrying about Studies later, But like people say "Don't put everything in one Basket" , so always have a backup. Study is my first priority and Bitcoin can be my side struggle and with luck and hard work, i might not have to worry about studies then.

I understand cryptocurrency is not a dangerous thing. It is just too risky when you try speculating on crypto especially bitcoin because of its volatility. But if your speculation is blessed with a good luck then you'll get rich in just a short time frame also. Just have the willpower to learn, train, and then hopefully earn better rewards in the future.

[PrissMCclen]

Life it's self is way dangerous, crypto is meant for those who understand it's effects and it's ideology, my thoughts tho

[RiskySanchez]

Hello everyone, Today i'd like to share my story.
So in 2017 in sept, I first mined some electroneum coins and they were worth like $200 later, I as a student couldn't afford to buy Bitcoins for trading or holding, So mining did helped me ETN was a good coin, i would mine like 50 a day and it turned 20cents each, I got addicted to crypto and trading but i was scared to trade and lose those 200$ because then i'd have nothing, So from Sept to Nov, i'd just watch graphs and look at coins, Watch videos, try to learn trading and everything and in December i started trading and you guys know what happened at December 2017, But i was prepared so my $200 turned into like $150, still a loss but anyway.
But it went like this and i kept trading and everything, and i was in love with it...... Sadly in my Exams, I failed 3 papers in total 5... Because of Crypto, it takes you away from Real world, So i was disapointed because of it.
Now i trade carelessly without emotions, and i went above $200.. I saw many times and now experience told me its true that trading is 10% skills, 10% luck, 10% patience and 70% emotions....

good luck and enjoy your lives and don't ruin anything.

Edit: I still have high hopes from Crypto and i think this will change my life and i'll be not worrying about Studies later, But like people say "Don't put everything in one Basket" , so always have a backup. Study is my first priority and Bitcoin can be my side struggle and with luck and hard work, i might not have to worry about studies then.

I honestly also have a million imaginations of what I will get from Crypto in 2017 but that all changes after 2018 because the market is not as friendly as before. I lost my $ 2000 and now it's only $ 500 because it's too long to hold my coin

[LeGaulois]

Bitcoin anonymity is for hackers, criminals, frauds, scammers also. If a scammer uses bitcoin, the scammer may disappear with the money.

Aren't you tired to repeat the same thing over and over? In the majority, hackers don't use Bitcoin but prefer any other privacy-centric cryptocurrency. There are a lot of people seeking to get a real privacy with Bitcoin and they're not hackers.

If a scammer uses bitcoin, the scammer may disappear with the money.

If a scammer uses fiat, the scammer may disappear with the money, so what? You're so dumb. Get a life

[Ronyx]

It depends on our understanding of crypto. If we don't understand crypto it will be a risk and can make a loss, but crypto can be the right way to get wealth for those who understand crypto.

[zimpleskill]

I think Crypto is dangerous if we don't know how to handle it. But if we know what is crypto and you understand how it works, you can say that crypto is not dangerous because you know how to manage especially when you have investment in cryptocurrency.

[Pokemon Go]

for now it seems to me that if the crypto is dangerous, because it can make our money run out, it happens because the market price always drops.

[Koobtcgal]

Crypto is indeed dangerous if you do not plan well. You should not aim too high if not you will always make loses. For instance, a coin worth 0.1$ each, you shouldn't aim for 1 dollar before you start taking your profits. This is the main reason why we continue to say crypto is dangerous because we aim to high and even if we have made some considerable amount of money, we do not appreciate it.

[Taronet-division]

focus on what you want to achieve, with large reserves, things like what you say will end well. because with focus, you will be stronger to hold. and I agree with you not to put it at one point, but I think it will reach a priority scale

[brotherwood12]

Yap , before we do trading , we must take care about our emotions , if we cant do that , better dont do trading first and learn how to handle the emotions its it

[malekbaba]

Crypto is risky cause there is no rules if you want to live crypto life. Nothing is impossible here. But if you handle it professinally, you will be able to bypass unwanted situation.
And remember, you are just a holder or a trader. That is not your project. We are here to earn money. So control yourself before you hold or sell.
And try not to be greedy. If you are in profit, try to close the trade

[farosa]

Yap , before we do trading , we must take care about our emotions , if we cant do that , better dont do trading first and learn how to handle the emotions its it

Also we need some skills which we can earn it with investigation. You should be as skillful as about how to do business, which is how you should act with candles.
And don't forget there is always a risk which you can not see it in Forex or other sectors. As the odds of a gain increase, the risk increases with it.

[Moshaid]

 Crypto is not dangerous but risky.. In the Crypto world investors has two ways to it, it's either they're smart or plans to hold for a long time..  And the good advice is to be a long term holder just like the way people who invested in the early days of bitcoin are now ripping alot.

[stiffbud]

A lot of people says crypto is dangeros because they do not know what is the crypto.My opinion is crypto is not dangeros.But we have to deal with crypto with our brain.After that we can get may benefits in crypto.

Cryptoncurrency has both good side and bad side. Cryptocurrency untraceable transaction is some time the main reason behind it bad side. Because of this facility many antisocial people use it for their dirty work. Various kind of malware attacks, kidnapping, money laundering, child pronography are done because of bitcoin. Bitcoin is volatile currency and because of this some time invested in it doesn't provide profit to its user. Because of its popularity many criminal minded people use it as to fraud people.

[kagawawa]

The crypto market is very potential and profitable but behind it is huge risk and danger. So we have to find out about the market clearly having the knowledge and experience to be able to participate in. The crypto market is also a piece of cake for everyone but there are people who get rich but some people become blind because of it.

[thankyoulord]

The thing is that the way crypto became a thing recently is quite engaging. And if adequate care isn't taken, with the wrong led emotions, investors might be gravely devastated in the turbulence that happens in trading. Just like ponzi, it could be identified to be an opportunity that can grow economy, and personal savings but, i personally advice that who ever is delving into this area should have the right emotional uprightness, the skills and  the time to adequately and timely follow the trading graph.

[RodeoX]

When you do math and the result is not what you wanted, you don't blame the equation.

[Skieleton]

Cars are dangerous. Cricket bats are dangerous. Bread knives are dangerous. Anything is dangerous if you don't know what you're doing and are reckless with them. When you trade you're essentially gambling so people need to realize that because we all know gambling can be dangerous too and if you're reckless or don't know what you're doing then you can lose your investment very quickly, but this isn't limited to bitcoin or crypto. It applies to all investments and people need to realize crypto isn't a magical money making system.

I agree even with a pillow you can suffocate if you do not know what it is for. First, explore the market and then invest ...