Topic: Crypto is dangerous.... - page 12. (Read 2899 times)
All crypto is a risk- Even bitcoin is risky yes the granddaddy bitcoin what happens when all the governments ban crypto or when the Internet go's down for some reason or maybe Satoshi is just waiting for it to hit 1 million dollars a coin then sells all of his 1 million coins and shut the blockchain down after hes the first trillionaire on the plante. Im just saying you never know with cryptocurrency its all a risk.
It will dependably rely upon the person in what capacity can he/she handle cryptos. If you utilize crypto on misleading and tricking individuals. At that point, yes that extremely unsafe to do. Yet, in the event that you just need to win additional wage from BTC for completing a decent exertion non-unlawful. Then you don't need to stress over. From my experience, I earned bitcoin from residue and nothing it will dependably rely upon your system and self-control.
Cryptocurrency is very dangerous and we should be the one who is responsible on whatever may happen on ourselves.
This is given and noone nor anything to blame. we can be scammed, hacked or lose money.
this will depend on how we manage our lives in this community called cryptocurrency.
This is given and noone nor anything to blame. we can be scammed, hacked or lose money.
this will depend on how we manage our lives in this community called cryptocurrency.
Bitcoin anonymity is for hackers, criminals, frauds, scammers also. If a scammer uses bitcoin, the scammer may disappear with the money.
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.
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.
crypto is not dangerous, your language is not correct. Your emotions are. If you weren't addicted to crypto, having the addictive personality, you would have ended up with some other addiction.
Sometimes, taking risk is one that we need in life, especially when we talk about having money like in crypto. If we wanted to start investing in crypto, we need to accept the fact that the money that we invested might lose or not. For now, bitcoins value is very low so dont expect too much. But I hope you will not stop using crypto.
Thats sad story and i hope you will be okay. And you have learn something from your mistakes and start to earn more.
Crypto is not as dangerous as you think. I think crypto is one of the tools that will help the world to grow better and make many people richer by knowing how to invest properly.
I really feel Crypto is very useful but we need to learn how to invest before the whale swallows.
I really feel Crypto is very useful but we need to learn how to invest before the whale swallows.
Crypto is dangerous and you will not be able to know the amount of profit or loss you can make in a short time. You will not also be 100% sure that the ICO you are investing in is legit or fake.
Somehow it is true.Crypto has pros and cons.It is dangerous when it is used in gambling or any delinquent activity.On the other hand, it is not dangerous but it is beneficial when it comes to businesses and financial institutions.
in fact some of the technology behind crypto assets can make financial market infrastructure such as payment systems more efficient, but because crypto is not monitored, there is no clear system, making cryptocurrency vulnerable to malfunctions that ultimately harm the people who use this instrument.
Whatever it is, it will be dangerous if we make a mistake in using it, this applies also in the crypto world. so we can't just give speculation that crypto is evil, all have a good side and the bad side depends on the user.
Well, i will say crypto is dangerous for those who are not ready to learn about the concept and how the crypto market works. Such people invest in a coin without any knowledge on the performance of the coin on the market.
Knowledge is key in crypto.
Knowledge is key in crypto.
Not upset. I am also a student and started in crypto as well as you - making a lot of mistakes and losing money, but after a time I gained experience and now I earn steadily on trading and bounty. Just not give up and learn-this is the key to success. Good luck.
well, maybe for the start it can be dangerous, but of course it would be beneficial if you had studied the plot. yeah, but this is still risky. if you don't learn from your mistakes in the past, it could happen again.
the author will tell you honestly that I also traded and lost a lot of money on this and that's why now I'm only investing in the long term and I do not trade at all anymore
I think everything is dangerous depending on how one uses a certain thing and this includes cryptocurrencies. If you think your are losing bigtime, then accept it and apply it your experiences as this will help you grow.
crypto has good and bad side. cryptocurrency decentralised nature is the main reason behindhand it's bad sidu.because of it's decentralided natural doesn't under control by government when its a illegal products and illegal activir.some people mind it that crypto is a dangerous because they donot know about it.but we have a lot of profit in a long time.
Not upset. I am also a student and started in crypto as well as you - making a lot of mistakes and losing money, but after a time I gained experience and now I earn steadily on trading and bounty. Just not give up and learn-this is the key to success. Good luck.
Cryptomarkets are highly volatile, it will became stable we see more and more investment is pumped in to the system. It's highly profitable meanwhile there is equal risk factor involved. Invest wisely.
Before joining crypto we all know the risk on it because of volatility yet some claiming for it to be dangerous. Make good strategy and do not depend only on luck because trading is like a game, you might lose or gain profit. Danger is not on crypto but how you make it secure for you not to lose it.
Everything could be dangerous if you don't know how to use it correctly.
Cryptomarkets are highly volatile, it will became stable we see more and more investment is pumped in to the system. It's highly profitable meanwhile there is equal risk factor involved. Invest wisely.
Before joining crypto we all know the risk on it because of volatility yet some claiming for it to be dangerous. Make good strategy and do not depend only on luck because trading is like a game, you might lose or gain profit. Danger is not on crypto but how you make it secure for you not to lose it.Jump to: