Topic: is crypto industry dangerous ? - page 20. (Read 5826 times)
With strong price hikes, an investor who has already earned a lot of money can lose them overnight. As an illustration, you can see the cost of bitcoin.
Perhaps, you mean risky? If yes, then sure that there are certain risks when buying and selling cryptocurrency. I think that despite the fact that risk is involved trading crypto is a very good method to earn money.
I think no. If you know how to correctly and intelligently manage this information. After all, any case should be approached with intelligence and endurance. Only then can we expect to succeed in any area of the crypto currency.
I think that the only thing that makes cryptocurrencies dangerous for you is your education, so you can lose your money and that's the only danger.
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It is dangerous because there are too many rooms for price manipulation and no one can do anything (even for higher caps coins). And there are risks of being hacked or scammed by an exchange too. This is why crypto market called Wild West
Crypto is a whole new unregulated part of the market where money can be transfered uncontrollably and without paper trail. If it's unregulated, it means governments don't know where the money are coming from and where they are going, how they were earned. Also, it means governments are losing money in taxes, because since crypto is unregulated, it's also untaxed. But it's changing very fast. Many countries already introduced taxes and what not in attempt to control it.
everything that is new to the state and not tested is dangerous, so there should be regulation of which everyone is so afraid
What make crypto dangerouse ? These are the example the dangerouse of crypto :
1. Scammer everywhere, i got scammed many times and scammer always have a new way to scam. My suggestion is always re-check with who you deal.
2. The market is very volatile and no body knows when crypto goes up and when it will goes down, it is unregulated instrument and its fully controlled by supply and demand not regulation or third party.
1. Scammer everywhere, i got scammed many times and scammer always have a new way to scam. My suggestion is always re-check with who you deal.
2. The market is very volatile and no body knows when crypto goes up and when it will goes down, it is unregulated instrument and its fully controlled by supply and demand not regulation or third party.
It's dangerous from the government's perspective mostly because of it's anonymity and the fact that it threatens their fiat currencies.
Perhaps dangerous, looking from which side to look. This can be dangerous because there are too many deceivers at every step .. everyone wants to deceive you and take your money, and then go to the islands ...leaving no trace
I think that it is not dangerous but there is a certain risk involved. You should be careful when trading as there are many scams. Today, there are a lot of scam projects as well, keep this in mind
Crypto world has a high risk. Nobody knows when Bitcoin will be 20 000 and when 0. I invested in crypto - and lost my money. So, it is up to you invest or not.
The crypto industry is quite dangerous for a number of reasons, but they are all mainly related to the illiteracy of beginners and a lot of scams. Countries are only aggravating the situation by their inaction.
not only crypto that considered as dangerous investment place.stock market and forex trading has same risk to with crypto.but there are still much investor join in this world.
It is very risky to investment, if you want to earn more profit you should take a risk. Market situation is very bad now, but it will be good.
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
Yes it is dangerous but we all know that all things are dangerous because it is nee to ourselves but when the time passed by we will get used to what is happening yo that thing that makes us comfortable in that so qe qill not take that as a danger anymore. So that is also what best suits for the cryptocurrency. We do not know them yet we are not used to them that is why we fell the danger of stepping out the comfort zone
Of course it is risky to invest in crypto as well as other ways of investment. The feature of this market is a high volatility, the cryptocurrency' price can make x2 as well as x0.5 in a really short period like one day.
Crypto is actually not dangerous if you can apply it properly and correctly. What makes it dangerous is our own decision. If we can continue to follow the flow of crypto, and always take golden opportunities from it, then we can get many valuable surprises from Crypto. Like investing in a potential coin and harvesting it when the market price rises.
Yes I agree. Of course not, crypto currency isn’t dangerous. I think it more appropriate to label it as risky. Risky just like any other investment where price volatility is clear and as being digital currency which makes its more prone to hackers.
Her desacralizes any currency, if there were fixed, it would be possible from something to be repelled, and here today then tomorrow got messy.
Well, i'll say the right question should be "Is crypto industry risky?"
Crypto investment is just like any other investment that can either yield profit or otherwise, but the key here is patience. And at the same time crypto industry might be dangerous from government perspective since they cant regulate it
Crypto investment is just like any other investment that can either yield profit or otherwise, but the key here is patience. And at the same time crypto industry might be dangerous from government perspective since they cant regulate it
This is a very dangerous industry. You should be prepared for losses if you decide to enter this industry. At the moment, there is no need to hope that you will get a quick profit.
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