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Topic: Crypto is dangerous.... - page 18. (Read 2899 times)

full member
Activity: 504
Merit: 100
August 27, 2018, 09:35:47 AM
We have different view in cryptos. It is truly dangerous to enter cryptocurrency but its up to us how we can handle the danger that may come our way. Improving our knowledge about cryptocurrency may help us in facing the danger that may come.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
August 27, 2018, 09:27:40 AM
ve we made a lot of mistakes and nothing can be done about it, it's a crypto currency
people make mistakes that is natural because it is human, before we plunge into the crypto world it would be nice to learn and master everything in the crypto. always be careful and careful so that the danger does not occur with us. lots of people out there who lost their money because of carelessness and neglect.
brand new
Activity: 0
Merit: 0
August 27, 2018, 09:13:33 AM
You should get your priorities straight. Your failure in exams can be attributed to crypto. It's rather stupid to claim so. There are students who run multi-billion-dollar corporations which can be pretty time consuming and they still end up well. So first set your priorities straight.
jr. member
Activity: 202
Merit: 1
August 27, 2018, 09:20:37 AM
it's true that we don't have the knowledge and the cryiptocurrency experience will be a danger bro. because we don't know when it's time to buy and sell ..
member
Activity: 226
Merit: 26
August 27, 2018, 09:17:33 AM
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.
That is why some experts told us not to put all of our time in bitcoin. You need to do first your priorities because you are the one who is responsible for that. If you are still a newbie you need to have proper knowledge about crypto, so you can make wise decision, So in the end you regret nothing.
hero member
Activity: 910
Merit: 550
August 27, 2018, 09:07:53 AM
Crypto is dangerous for the newbies because they might be the problem of the the future market. However, even if it will add to the value of the crypto investors in the market, still, it would be a useless if they will not be able to follow the purpose and scope of the market.

However, investing has no problem, the only question is about how are we going to make our investment for good. Thus, if the market will recover soon, the better investment would be this day. Actually, the risk is the cause of problem; such that it will make as sad, anger, stressful or even anxiety - thus the danger would be physical and emotion aspect. But it is not that considerable enough, since if we consider, market today is growing after its aftermath - bearish market.
newbie
Activity: 62
Merit: 0
August 27, 2018, 09:02:08 AM
It is very dangerous. If $100 become $1000 in 3 years who will do 8 hours jobs.

20% profit a year is legitimate which is given by investment in Gold and Silver coins and bars. Have a look at this.

Russian central banks purchased 27 tonnes gold in July 2018. Why do Central banks buy Gold ??


http://i64.tinypic.com/j621sk.jpg
Central banks buy gold because it has a real value in it, not like paper banknotes that can be printed in an unlimited amount by the goverment.
newbie
Activity: 51
Merit: 0
August 27, 2018, 08:58:37 AM
i thin your correct,crypto is dangerous,but crypto is veery good subject.every week i earn money.ii hard worl learn about crypto field.day by day i learn about crypto.digital currency allways risk i think.
sr. member
Activity: 490
Merit: 250
August 27, 2018, 08:56:20 AM
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.
You enter the trade too fast and you do not include "experience" as the key to success in trading. skill, patience and luck are necessary but your experience in trading crypto will be the most valuable teacher in your life. Don't blame Crypto if you end up spending time to trade because in this section there has been a lot of discussion "don't trade, because crypto daily trading will take up your time".
jr. member
Activity: 232
Merit: 1
August 27, 2018, 08:53:18 AM
Right, crypto is dangerous if you don't know how to invest and where to invest.if you invest your money then you should forgot your money because it's one type of risk.
newbie
Activity: 225
Merit: 0
August 27, 2018, 08:49:45 AM
The first, I have to congrats to you because you have made money when you still a student, it's very good.
Secondly, I want to advice that you shouldn't focus all in Crypto, you should have a good job after studying, Crypto just a investment channel where you can get a lot of money, but the money which prove your life is come from your job. Smiley
newbie
Activity: 126
Merit: 0
August 27, 2018, 08:42:34 AM
The crypto market now has a lot of potential for growth as well as they have more coin to attract investors to turn over capital to business makers so they have the capital to do business and if they We are the investor, we profit from that production
newbie
Activity: 42
Merit: 0
August 27, 2018, 08:40:41 AM
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.

U explained your full life story here but not point to hold on here. You learned trading and at the same failed 3 papers because you are learning trading and you lost your $200. Thanks for sharing your story... I think we learned, well-done boy. Those who will like to balance everything are still here working in silent and they are learning more with the failure in silent. Pls next time write something that will up build people not all things you explain here so. Pls take your time to study more about digital currency or Cryptocurrency and Blockchain to say before writing.. You are still newbies anyway. Read more best advice


I didn't lose the $200 read again dude.
newbie
Activity: 126
Merit: 0
August 27, 2018, 08:35:04 AM
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.

U explained your full life story here but not point to hold on here. You learned trading and at the same failed 3 papers because you are learning trading and you lost your $200. Thanks for sharing your story... I think we learned, well-done boy. Those who will like to balance everything are still here working in silent and they are learning more with the failure in silent. Pls next time write something that will up build people not all things you explain here so. Pls take your time to study more about digital currency or Cryptocurrency and Blockchain to say before writing.. You are still newbies anyway. Read more best advice
brand new
Activity: 0
Merit: 0
August 27, 2018, 07:53:49 AM
It depends on the situation, there are 3 point which make crypto dangerous.
1-risk to total loss due to your exchange account getting hacked.
2-Fear of regulation is another thing, we don't know what the government might do in the future regarding regulations (the mainstream bankers are already lobbying for regulation against it as we are seeing more and more funds moving from banks to the crypto world)
3-Scam is another big issues, the chances of buying into a scam is increasing with the introduction of a lot of junk altcoins designed to steal your BTC through direct trading of BTC to those coins
newbie
Activity: 31
Merit: 0
August 27, 2018, 08:33:40 AM
crypto is not dangerous but the people who is using it . It depends on us how we use the bitcoins. It can be dangerous to the people that abusing it in a way that they are using bitcoins even in illegal transaction. This can be a factor why bitcoin can be dangerous.
member
Activity: 2044
Merit: 16
August 27, 2018, 08:24:43 AM
Crypto is risky if you don't have knowledge any about it and it's best to do your own research about it not just what you hear from a friend or any stranger you met online. It's best able to do it yourself because it can spark your attention and eventually you'd be more interested to know more crypto currency. Knowledge in crypto is vast so just try to have patience about and learn it from the heart.
newbie
Activity: 98
Merit: 0
August 27, 2018, 08:20:19 AM
My point was the same, Its dangerous if you let it.
The good thing is i get to give the papers again so i just learned a free lesson, with no bad effect or anything. But now like i said, i learned the lesson, This was just to tell people who are going with same situation to not make it everything for you...

Now i'm going to give the papers again, So my future is perfectly safe (For those who said i destroyed my future for $200).
Let this post be here though, in my here all i need is $20000 for me to live my life easily without working or anything, So is it possible to turn these now $280 into $20000 ?


It's not only the scam that we have to be aware of there are more resk the biggest risk is the declining trend of the crypto you invested. According to OKEx exchange, “Trading of digital assets involves significant risk. The risk of loss in trading or holding digital assets can be substantial. You should therefore carefully consider whether trading in digital assets or any levered or derivative digital assets is suitable for you in light of your financial condition.” It alerts investors to be aware of high risk existing in digital currency investment. The important is you have to understand the rules and be updated always.
jr. member
Activity: 154
Merit: 1
August 27, 2018, 05:03:47 AM
ve we made a lot of mistakes and nothing can be done about it, it's a crypto currency
member
Activity: 532
Merit: 10
August 27, 2018, 05:22:13 AM
Many people saying crypto is dangerous and you have already to lost your money, but in fact we can earn and take much money with crypto and many people could earn money. Just waiting when you have lost your money and hold your bitcoin or your altcoin until you can take profit and earn money back.
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