What are the Real Risks of Crypto?

[jolle123]

There are many risks to cryptocurrency, there are scams, changing rules as well as falling price of cryptocurrencies and worse Bitcoincrashes. But it depends on the people who use it they handle situations and cryptocurrency risks.

[1714761539]

1714761539

[1714761539]

1714761539

[1714761539]

1714761539

[martina14]

There is always a risk in everything and we should know more before investing or having this crypto technology.
In the right knowledge that we can have we can avoid the danger and take out the risk.

[poptok1]

I would like to rise the case of the awareness of what ideas actually are being supported, as broad variety in crypto projects is undeniable. There is this possibility that at some point, maybe even it is already happened, a project will emerge that will be unobviously harmful to human kind. We have witnessed so many startups, there is no way one can get hundred percent familiar with any given project. Possibility for unknowingly supporting the idea of, let's say blockchain operated killer-robots exist and must be recognised before it will be to late. I'm perfectly aware how crazy this may sound today but that's just a vivid example. Many more potentially dangerous objectives can be crowd funded under false cryptocurrency pretext. Greed have the potential of blinding many to the obvious and so, artificial "intelligence" algorithm that cracks the bitcoin network security could get funded, malicious botnets and so on... 

[Dannev]

The major risk in crypto is investing your funds in a project without a usecase. Some of them with use cases and products also fumble.

[malekbaba]

1. First Risk is If you invest in Fake or Useless project/ICO. These people usually leave their own project after they gather some BTC/ ETH and disappear.
2. 2nd thing is Loss of account due to hack or steal. If anyhow anyone manage to steal your account detail, you will loose all of your token/coin
3. Major correction and volatility, major issues in crypto. People get panicked and dump their tokens to avoid further loss.   
4. Although Crypto is getting popularity, yet very few people know about crypto. Lack of adoption is another risk in crypto

[budiarmed]

Lots of crypto risks, wrong transactions, loss of private keys, losses due to low selling. But it depends on the user's personal, so you have to be more careful.