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Topic: is crypto industry dangerous ? - page 13. (Read 5811 times)

newbie
Activity: 105
Merit: 0
August 09, 2018, 10:18:00 PM
Encryption is not yet mature enough. Hackers can always take advantage of the various vulnerabilities of encryption technology to serve themselves
newbie
Activity: 165
Merit: 0
August 09, 2018, 10:16:01 PM
I think the encryption market is dangerous, and at least many people in this year's market have lost a lot of money. Because the price of cryptocurrency has fallen very sharply in this year's market, and prices have continued to fall, continuing to this day.
newbie
Activity: 53
Merit: 0
August 09, 2018, 10:12:10 PM
They did ban it but i do think its only temporaly. The development of fintech is must and people need to adapt. Its true that its seems dangerous and its cant be accepted world wide but i believe in future it will be use and it will become breakthrough for transaction problem.
newbie
Activity: 84
Merit: 0
August 09, 2018, 10:08:47 PM
I think its not a cryptocurrency industry are dangerous to every country making it banned but rather its a risky investment procedure for the people of a country who believe in cryptocurrency but serve as a awareness not not easily believe for great reward of profit it gets due to some issues of scam website.
Also in our case the only truble can be hackers, but I'm really happy that they arn't trying to hack my WALLET :-)
I don't see any other dangerous things.
newbie
Activity: 70
Merit: 0
August 09, 2018, 10:00:43 PM
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


I have certainly seen a real increase in things that prohibit crypto just because of the number of scam projects. As a man who works for exchange, I can't tell you how many scams are terrible and smart. But there are far more scams out there but are not seen by the public eye.
newbie
Activity: 55
Merit: 0
August 09, 2018, 08:01:50 PM
It is dangerous depending on what hands you put it on, people call it dangerous because it has obtained a popularity of making people rich or making people poor from a day to another, which is almost a lie, so it depends on the decisions you take while you are in the industry and how safe you play your cards.
sr. member
Activity: 658
Merit: 250
August 09, 2018, 07:53:12 PM
Criptocurrency market is high risk but not dangerous..) If you participate in something new it is high risk. At the same time you can be rewarded a lot if case of successful blockchain development
newbie
Activity: 210
Merit: 0
August 09, 2018, 07:45:34 PM
yes, because in crypto there are a lot of risk than you can meet especially in investing, you have no idea if the coin that you are investing could be successful.
newbie
Activity: 2
Merit: 0
August 09, 2018, 06:12:08 PM
There's nothing dangerous about crypto. The only reason why most countries fight it is because it will move power to the masses. Crypto will decentralize the long existing financial system and make everyone a leader of his own, and many world leaders don't want the masses to share in their power and ambience.
full member
Activity: 392
Merit: 100
platform for everyday business
August 09, 2018, 05:48:05 PM
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 because crypto is created to make a better worlds and economic growth,the only things thats can make it dangerous are those people or phishing site's thats can make the name of crypto bad into the mind of the people,because there are  some person who use it in some extortion or illegal activities in order to destroy the image of cryptocurrencies and one example of these are those ethtrading investment before,thats convience investor to make an invest there capital and in the ends its a fully scam and ponzi project investment.
newbie
Activity: 57
Merit: 0
August 09, 2018, 05:36:45 PM
The Crypto market is a lot of things BUT DANGEROUS IS DEFINITELY NOT ONE OF THEM, talk about High Risk and you will certainly be right, Cypto is High risk and not more often than not, people get to lose quite a lot in the market, Talk about volatility, and unpredictability, and thats just the nature of the crypto coins, dangerous however is not one of them as no one has lost a life directly due to crypto
full member
Activity: 345
Merit: 100
August 09, 2018, 05:33:52 PM
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

I'm bot sure if it is dangerous but one thing is assured, crypto industry is risky. The risk is losing profit due to the market volatility. The market price of many cryptos are changing from time to time. The market value of most cryptos are falling in a sudden and only some are able to withstand the volatility in the market, yielding to loss of profiit especially for the investors. Investors should be patient in order to avoid such uncertainties.
newbie
Activity: 94
Merit: 0
August 09, 2018, 05:25:09 PM
Crypto is always a good investment if we understand what to do but it would be dangerous if we don`t have enough knowledge in investing in crypto so not a dangerous crypto but what we do is correct or not
newbie
Activity: 59
Merit: 0
August 09, 2018, 09:54:25 AM
Dangerous is not the exactly word i choose. It can be called risky. But which investment doesn't have risk? Today the market is unstable but it will be over soon.
full member
Activity: 966
Merit: 102
August 09, 2018, 09:48:42 AM
The wolf should not be afraid to go to the forest. The crypt and the risk of the concept are interconnected, but there is no other way to earn money here.

High risk means high profits. Be confident that you are smart enough to make the right decisions. This market has many people lose money and many win. I do not hesitate to experience this market because I know that everything has its price.
newbie
Activity: 151
Merit: 0
August 09, 2018, 09:44:10 AM
I think this industry is very dangerous because the fluctuations in this industry are very large. When you invest in this industry, you must make the worst plans and maintain a good attitude. Maybe you will lose your money, but only if you have enough patience, I believe that you can finally make a profit from this industry.
newbie
Activity: 107
Merit: 0
August 09, 2018, 09:42:37 AM
Truly crypto industry isn't unsafe yet with regards to the general population sorround it who is so damaging and that is the thing that it makes us risky.
sr. member
Activity: 798
Merit: 250
August 09, 2018, 09:40:03 AM
True, digital money is in the early stages of development, very volatile! The investment a lot of risk! Consider carefully and invest with the ability you can take! should not invest all!
newbie
Activity: 94
Merit: 0
August 09, 2018, 09:35:50 AM
It isn't hazardous, the procedure related with every single action identified with digital money has got dangers related with it. This can be killed with the level of focus we have over it. Something else why individuals term it risky is, all in light of the little missteps prompting gigantic misfortune.
member
Activity: 364
Merit: 10
August 09, 2018, 09:32:56 AM
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

Honestly crypto industry is not dangerous but when it comes to the people sorround it who is so abusive and that is the thing that it makes us dangerous.
I think what is meant by the question is why crypto is not widely adopted. I guess governments fear the crypto because it can be used to finance crime and terrorism. Decentralization is always dangerous for centralized system.
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