Topic: is crypto industry dangerous ? (Read 5811 times)
There are many countries that say that the cryptographic industry is not profitable for them, so they prohibit them. But many developing countries think differently about the cryptographic industry that gives them a substantial return on investment. I think the industry is worth the investment
Probably it depends on the point of view of people who had knows about cryptoworld. On the country which has a distinct law the goverment will ban the crypto to save their economics and grows those country currency. I think the attention is to be needed remembering that currently there so many scammers around the cryptoworld that will harm many people.
It is definitely dangerous. As long as the investment industry is not in danger, the interests are accompanied by danger. You must know this truth. Unless you can cross the time, investment is dangerous.
Like any new industry, this is a rather risky area. Anyone should be extremely cautious before making a decision about investments, especially if the amount of your deposit is high.
I don't think it's dangerous. It helps even in our industry. Great help actually crypto to all people who believe in it. And im the one that helped in crypto. So I would say the crypto is not dangerous. So it is not known about crypto do not afraid and we are safe,in future maybe banks will support crypto and that's helpful.
Just as dangerous as any other one. I think it is as dangerous as the choices you make when you are in it. If you are making the right choices for your investments and not letting emotions dictate what you do about it then you are going to be just fine but if you are doing the opposite of that then cryptocrurrency industry will be very dangerous for you and you might end up losing all of your money.
I really don't know how or in what way or aspects crypto industry dangerous. And also i don't know why some countries ban crypto. All i know is crypto helps people financially, so it can be the answer of poverty. And it is for the future too.
The crypto is not dangerous but its risky, as the market keeps on going up and down and the market is not stable . Due to its fluctuations it becomes risky. If the person have good knowledge about the crypto, it can be good source of earning for the investors.
Although they could make some money in it if they are wanting to learn more things about crypto, it is not for everyone. i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion
Basically, all businesses are complete with the risks received by business players, as well as in the crypto world, once we make a wrong decision will have an impact on the results we will get, keep trying and focusing is the best way tha we have to do at this time
The crypto is not dangerous but its risky, as the market keeps on going up and down and the market is not stable . Due to its fluctuations it becomes risky. If the person have good knowledge about the crypto, it can be good source of earning for the investors.
It's dangerous for both us and the bankers. If the bankers get full control they can further tax us and put us under the microscope. If the people control it we get free money for the first time in probably 1,000 years.
This is where the guys filling out KYC and submitting to the government are single handily bringing down crypto and handing it over to the enemy. All for probably 10 bucks in airdropped coins.
This is where the guys filling out KYC and submitting to the government are single handily bringing down crypto and handing it over to the enemy. All for probably 10 bucks in airdropped coins.
It is not danger but risky, i think those are two different thing. I know many countries ban crypto, but crypto wont die because it is legal, crypto is not trying to scam us however many project try to do that. So it is gonna be good if in any country, they make a regulation to crypto so we have a clear rules about what we can do or we cant do.
Of course, it is risky, but not riskier than the forex market, on forex you can lose your money by 1 second ) and on crypto, it is very hard to lose.
There are several risks to using crypto. Theft, fraud and hackers. but if the user is smart in using crypto, the risk can be avoided.
i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion
crypto is not dangerous, the state is only afraid if crypto is misused by criminals because the government cannot control crypto and monitor crypto.
Actually crypto can be useful if used properly and of course legalized, crypto is a complement to traditional transaction systems such as bank transfers, for those who want transactions faster and cheaper, crypto is the solution.
It is just dangerous for people who have no brains and have very much greediness ), for other people they can easily earn money on this market.
As I know, countries not banning cryptocurrencies. Most o fthe times, they're banning ICOs. It's because there's no guarantee for the investors for being scammed. There's a high risk. But on the other side, there is a high possibility to get high profits. If you can take high risk on investments, you will be surely get profits from this industry.
I would rather say the crypto sphere is risky.
It is a relatively new financial sector, and we still have a lot to learn about it.
Money as we know it today evolved over several centuries before it morphed into what we have now.
As early adopters of cryptocurrencies, be very careful and precise, to make the most of this technology.
It is a relatively new financial sector, and we still have a lot to learn about it.
Money as we know it today evolved over several centuries before it morphed into what we have now.
As early adopters of cryptocurrencies, be very careful and precise, to make the most of this technology.
Crypto industry cuts the need for the third party. So countries consider the crypto industry as a threat to the banking system. So many are against the crypto industry.
if you are not careful and do not equip yourself with education to invest in crypto, it can be very dangerous. you can lose a lot of your money, and will regret it. but if you already understand the market and crypto rules, you will get a lot of money from here.
since crypto has monetary value and can be transacted without trace since it has no reguations, it can be used to transact between 2 people even without direct contact with one another, because of this it is risky since you dont know to whom.you are trading with. Though, being precautious would help you protect your own privacy so i might say, crypto currency is only dangerous if you expose yourself or your company.
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