What about negatives of Crypto?

[z21770179]

The major negative thing to me in crypto is to scam project is being given me concern and am disturb about it because no how to stop this .

of course before we join the project it would be nice to find information and eliminate it so that we know whether the project is a scam or not. choose what we think is promising and good for us, but it all depends on our luck.

A lot of people know me and also with thorough exploration before investing or joining the bounty. But of course it is just a way to minimize the risk in this market. Investing is risky 

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[azalea69]

Various kinds of negative in crypto, project fraud, unstable markets, hacking or vulnerability. But all of this can be known before entering Crypto so that with this crypto negative we don't feel shocked or scared.

[VeeraS]

Everybody says, Crypto is the future and we must believe in it. Apart from losses due to hacking and vulnerability, do you think there are any other negatives of this market?

It just intrigues me since, anything that is projected as 'only good' seems, too good to be true. Or I am just overwhelmed?

of course it will always have a negative side, especially in terms of hacking and some fuds such as bubbles. the rest is not important, yes crypto will have a great opportunity to progress in all matters of transactions. and most likely, there are many countries that will adopt crypto as another option of currency

[crenfrosck]

It seems like crypto is the best thing in the world (I do not deny that tho  ), but we should talk about negatives as well, otherwise, new enthusiasts might be in a great danger. Mining contracts which are absolutely useless as you can freely buy any of the top coins directly and you will get off it way more. Buying mining rigs is also an action where you are not guaranteed in getting ROI just to pay for themselves. Ponzi schemes (hi Carlos!), dead master node coins, consumed electricity. I have mentioned just a few of them to remember that there is no ying without yang and vice versa.

[Master of Shitcoins]

Everybody says, Crypto is the future and we must believe in it. Apart from losses due to hacking and vulnerability, do you think there are any other negatives of this market?

Yes, it's very new still crypto and the market will weed out a high number of useless shitcoins which will fail or be a scam. Especially some of the little ones are looking bad, but also big ones like shitcoin XRP. Bitcoin and Ethereum will have a good future hopefully, but crypto is still new.

It just intrigues me since, anything that is projected as 'only good' seems, too good to be true. Or I am just overwhelmed?

Being careful is always a good measure to avoid a loss.

[pavan@hosur]

The biggest disadvantage of the whole crypt is that there is a lot of scam and FUD which often turn away investors who are really able to invest in good projects. It is worthwhile to be very careful when choosing some new coins.

[annicketucufaw]

Everybody says, Crypto is the future and we must believe in it. Apart from losses due to hacking and vulnerability, do you think there are any other negatives of this market?

It just intrigues me since, anything that is projected as 'only good' seems, too good to be true. Or I am just overwhelmed?

The only negative thing about crypto that comes into my mind is that when you accidentally or mistakenly send your funds into a dead address, no one can retrieve it. I think it is a biggest downside in paying in cryptocurrency. People tend to be careless and sometimes always in a haste when doing something. So if you want to use crypto, always think before you click.

[Fedots83]

Everybody says, Crypto is the future and we must believe in it. Apart from losses due to hacking and vulnerability, do you think there are any other negatives of this market?

It just intrigues me since, anything that is projected as 'only good' seems, too good to be true. Or I am just overwhelmed?

Many unfortunately just do not understand how promising cryptocurrency and the entire cryptocurrency market . It seems to me that in order for cryptocurrencies to finally become perceived as ordinary money, it takes another couple of years

[masterfu678]

You need to learn not to pay attention to people who are negative about cryptocurrencies. They simply do not realize the full value of such earnings and high volatility. So no need to listen to negative reviews, you just need to move on your own

[Indrawan77]

There are numbers of negativity in crypto due to the decentralisation, the whales market manipulation, the high volatility of crypto that causing a lot of people losing money, the abandon ico project that makes investors losing money, people need to realise the risk when want to invest to avoid these things, and don't too focus on the negative things, there are also a lot of wondeful things about crypto

[Milamol]

Crypto in its current form is an excellent field for scammers. This has been said many times.
In addition, it can be a means of full control over the entire population. Imagine, a blockchain system was created where all payments are made, all kinds of human activity and all kinds of equipment are registered. This is a kind of global universal database. What was declared as freedom, independence and confidentiality will be a pseudo-decentralized global control system.
And now the whole industry is a testing ground.
This can be a such cynical situation.

[starplaks]

But in fact it is.  Cryptocurrency is our future, and security issues are temporary because the technology is relatively young and has to go through its process of becoming!

[opv321]

Bitcoin goes to down day by day. But I believe in cryptos. For me this time is to invest more and more and just HODL for about one - two years.

[jakiro.hovard]

Of all the negative things you can meet today, only that people can work very actively with scammers who have already learned how to make websites that are very similar to real projects, I think that today we need to take this issue very seriously.

[gegewojinnian18]

We don't "must" believe in encryption. You can choose not to believe it. There is nothing wrong with this. No one said that this is necessary. crypto is not yet mature, and there are more risks besides attacking, such as fraud and non-regulation. These are the challenges that crypto needs to overcome in the future. We just think that it will have a future, This is our own decision.

[nurularesyi1995]

if in my opinion, another weakness of bitcoin is the very high fluctuations, even though the trade in bitcoin is very profitable, then it is very vulnerable to be stolen or hacked if you are not careful storing it on your PC / laptop. the last is a fee that is classified as large in small transactions, for example when you want to send 100,000 rupiahs, it can be half as much as you do, you don't know, Cheesy

[kentrolla]

Bitcoin goes to down day by day. But I believe in cryptos. For me this time is to invest more and more and just HODL for about one - two years.

It's not about hodling as we cannot do much if the bearish market continues and instead we need to analyze the crypto market everyday and make sure we sell at the price more than average and then buy at the market slump. But if you are a lot term investor and this is an risk investment then you can lock it for couple of years.

[TelolettOm]

Various kinds of negative in crypto, project fraud, unstable markets, hacking or vulnerability. But all of this can be known before entering Crypto so that with this crypto negative we don't feel shocked or scared.

all the negative traits that you say are very difficult to avoid and this is the risk when we go into the crypto world. the unstable market is common to all of us. of course if fraud and hacking don't want to happen to us easily, we must always be careful, careful and keep focusing.

[BigBrother]

In general, the cryptocurrency does not carry any danger and negativity. All adverse consequences are created for themselves by people themselves. Because the crypt has its own characteristics, such as decentralization, anonymity, market volatility. And the safety and success of people depends on how they use crypto.

[Twkasun52]

Everybody says, Crypto is the future and we must believe in it. Apart from losses due to hacking and vulnerability, do you think there are any other negatives of this market?

It just intrigues me since, anything that is projected as 'only good' seems, too good to be true. Or I am just overwhelmed?

i just believe blockchain will be our future technology, crypto im not sure .. lol

i saw lot of people saying it. Blockchain has bright-full future of course.But why not crypto currencies? i do not understand why people keep saying it.i am bit new to this field.