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Author Topic: Crypto is dangerous....  (Read 2838 times)
Afnan_faizah
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August 31, 2018, 07:54:59 PM
 #341

Bitcoin market is dangerous for impatience people, as the price is move so fast and we don't know where it's going. For me it is not dangerous because I am a patience person. There are also many people who buy bitcoin at $20.000 and sell it at $6000, the point is don't sell your bitcoin at low price so you won't loss your money.

Sepertinya sudah waktunya, kalau menurut saya lebih baik lump sum sekarang. 30/01/2024.
Walero
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August 31, 2018, 07:55:31 PM
 #342

Crypto is not dangerous, it is the human that get involved with  crypto that are dangerous. The way they act, make it hard for new coma to think that crypto dangerous.
Saldom12
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August 31, 2018, 08:07:16 PM
 #343

what's dangerous from crypto?
profitable cryptocurrency coin, especially bitcoin that can make changing our lives better if we have it or invest.
Phlaser
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August 31, 2018, 08:41:15 PM
 #344

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 literally don't understand what you meant by been dangerous though but if you had said very risky, I would reckon with you in that. For those that knows how to play their cards, they've been making some cash daily, weekly or monthly for themselves. So it is all about how much you understand about Cryptocurrency.
Skieleton
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September 01, 2018, 10:44:50 AM
 #345

We need to understand all the risks and have enough patience before investing in cryptocurrency.
Impatience is only poems and you need to skillfully observe the market. You will lose money without it. Boy, see that he did not know what he was doing ...
erifubirugen
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September 01, 2018, 10:48:02 AM
 #346

Yes ofcourse it is dangerous, the prices can change too fast.. But in every investment business there are many risks. If you love money too much you have to save it at home and watch its melt.. If you invest to crypto you have to spread your risks and buy 4-5 different coins..
Bustart
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September 01, 2018, 11:21:34 AM
 #347

We need to understand all the risks and have enough patience before investing in cryptocurrency.
Impatience is only poems and you need to skillfully observe the market. You will lose money without it. Boy, see that he did not know what he was doing ...
Exactly! We need to embrace the reality of cryptocurrency and be prepared to be part of its community. However, I don't think it's dangerous, it's all about mind-setting and displaying the right attitude in responding to life crisis. It can be risky, but our patience, positivity, determination, and passion can be of great help in order to succeed and survive.

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SennieRanis
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September 01, 2018, 11:49:07 AM
 #348

It doesn’t mean cryptos or bad. It doesn’t mean you shouldn’t buy. It just means….there’s a lot of hype and scammers out there. We’ve seen this story at least twice before in past 20 years and many people have gotten hurt.

I’ve been actively involved in investing in Cryptocurrencies since now (I sold my book, “Choose Yourself” in a Bitcoin-only store I created a month before I released it on Amazon). And for the past 18 months I’ve participated in various ICOs (Internet Coin Offerings) that are all doing well.

I say this just to establish some credentials. I will be writing more frequently about cryptocurrencies simply because I see so many people I know starting to be hurt when, in fact, there’s opportunities to make a lot of money in the space.
quynhtran722
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September 01, 2018, 01:44:56 PM
 #349

In fact, bitcoin trading in the market is not because of value, but profit from value fluctuations. Selling positions for profit taking after each bitcoin crossed even price levels were recorded. Therefore, the scenario of massively swarmed speculation, pulling prices down the slope without brakes due to psychological cut loss lines may happen, if the liquidity low.

Another scenario that occurred with tulip blooms in the 17th century in the Netherlands may also occur with bitcoin. When the tulip's price exceeds a hundredth of its true value, the bubble bursts, the owner realizes that the true value of the tulip is just the flower. Like the tulip, bitcoin is also of a certain value, but its price is being pushed too high compared to the actual value.
Spontebob
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September 01, 2018, 02:42:13 PM
 #350

It's pretty stupid that you blame your activities in crypto with your studies while you shouldn't in the very first place since you're still studying tho I started like you but never blame anyone or crypto with my actions in the real world or here.
But you learn something from your mistakes and you earn even more which is a good one.

Everything in the virtual world is dangerous. Not just on this platform but in real life too. It's just a matter of limitations you set to yourself and the critical thinking skills you have. I am also a student but I manage my time very well.
Nilda
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September 01, 2018, 02:51:01 PM
 #351

Cryprocurrency is a danger to anyone who is too lazy to do some research. How can something virtual be a danger to society?  Lips sealed

LOVEUMUM
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September 01, 2018, 02:58:13 PM
 #352

Anything we do earth has got its level of dagerous and crypto isof no exception. If you really mean to be in crypto then we have to equip yourself to face any challenges because nothing good comes on a silver plater.
Sandijoee
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September 01, 2018, 03:03:35 PM
 #353

why do you think like that?
Until Crypto is a danger, Crypto is a coin that is beneficial and can change our lives. Especially bitcoin that can help the human economy if you use it.
A Feeder
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September 01, 2018, 03:21:20 PM
 #354

It's a bad news, if that news is true I hope that bitcoin will recover as soon as possible because many people are anticipant and it become of them worried. Cryptocurrency untraceable transaction also supports some criminal activities like kidnapping, murdering, child pornography that's why many people are afraid if that happen because its a huge loss to everyone.
Bohxz M4p4gm4h4l25
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September 01, 2018, 03:22:27 PM
 #355

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 with that we are the one who control what we are going to be here in this platform and if you think you are the center of this community better off guard, people here doesnt trust each other and that's the first rule since anonymity if present also to protrct yourself, crypto is not dangerous if you know how to handle it.
Diruy raya
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September 01, 2018, 03:30:08 PM
 #356

Not the crypto is dangerous, dangerous is trading. Recently i thought that crypto dangerous for banks, but actually, it's not. Banks will *buy* that technology, as they print money and suck money from the people. Trading is dangerous for us more than b
anks Smiley

Menurut pendapat saya crypto tidak berbahaya,karna ctypto bukan merupakan suatu virus yang mematikan  tapi crypto itu adalah mata uang yang berbentuk coin yang dipergunakan oleh manusia  untuk kepentingan sesama manusia itu sendiri dalam kehidupan sehari-hari.
kehed90
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September 01, 2018, 03:42:49 PM
 #357

everything that you have not mastered will be dangerous, as you work without you knowing the field that is being worked on can be dangerous. everything won't be easy if you don't learn it first, so does crypto; that money will not come miraculously all requires process and learning.
nano77
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September 01, 2018, 03:57:51 PM
 #358

crypto can be dangerous if we can't use it properly and don't know the risks because in crypto you can become rich but if you are not careful and wise in making decisions you can become poor
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September 01, 2018, 04:02:03 PM
 #359

Cryprocurrency is a danger to anyone who is too lazy to do some research. How can something virtual be a danger to society?  Lips sealed


Yes exactly. It is silly to consider that voluntarily trading or investing with crypto is considered dangerous. Just be smart about it.
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September 01, 2018, 04:09:17 PM
 #360

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.

Choose your priority, you want to pass your exam or you want to increase your knowledge about crypto, it's weird that you blame crypto when you know the exam will come.

Quote

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....

I can't agree with this one, emotion surely needed when you want to investing, investing when you loss your profit just make you do reckless action because you just think to get your money back. But knowledge obviously main thing you should learn before trading and with luck.

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