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Topic: is crypto industry dangerous ? - page 26. (Read 5795 times)

newbie
Activity: 83
Merit: 0
July 28, 2018, 05:59:14 PM
Frankly, currencies must be treated as highly unstable incoming the short term but nowadays  they would be considered tolerable risky by holders.
member
Activity: 285
Merit: 35
July 28, 2018, 08:12:50 AM
Encryption is sure to be dangerous. The price of coins fluctuate so much that you can't predict how much they can go up or down.
newbie
Activity: 113
Merit: 0
July 27, 2018, 08:35:03 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

Cryptos are banned by some governments because they can't control the implementation of them, on the right hands, cryptocurrencies could change the world even more than what they already did.
member
Activity: 121
Merit: 10
July 27, 2018, 08:31:04 PM
In any industry there are risks. Without risks, it's very difficult to earn, but as soon as we start taking risks, we have a better chance of getting rich
jr. member
Activity: 714
Merit: 3
July 27, 2018, 07:33:21 PM
Just as the world  in entirety is, that has both good and bad things, so also, is crypto. What i do is to learn from every experience, either good or bad.  This will make me better.
member
Activity: 154
Merit: 10
July 27, 2018, 05:31:43 PM
Or should I say, it can be manipulated by some big whales. Basically it's all about supply and demand so whoever hodl more coins can somehow plays a major role about its price. Crypto industries is risky but being risky is just mean more profits can be earned. It's not dangerous if we already know how to handle the situation.
member
Activity: 728
Merit: 10
July 27, 2018, 05:25:48 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
This industry is dangerous for those who don’t know when to stop and don’t wish to watch and analyze. You have to respect some rules of security and be careful and you’ll be out of danger.
newbie
Activity: 146
Merit: 0
July 27, 2018, 04:27:04 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

As long as we can choose a promising crypto coin. I think it does not matter and is not dangerous. But if we get the wrong choice and ultimately we are deceived of course it will harm us. And the future will be a danger if we keep repeating it.
hero member
Activity: 1274
Merit: 519
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July 27, 2018, 04:22:30 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


It's not that it's dangerous, but it is risky, which I think what people connote as dangerous about it. The fact that the cryptocurrency market has assets that are quite volatile and change value every now and down seemingly without warning, that has already put so much pressure and doubt on many people who wants to be in the market and even to those seasoned ones that have been in the market for a long time. However, if you really are serious with venturing in the market, then whatever obstacle is in front of you should be manageable and tolerable.
full member
Activity: 560
Merit: 119
July 27, 2018, 04:07:51 PM
If you are note oriented in crypto, then it is very dangerous. You should know about the volatility or you will sell your coins too early Wink.
member
Activity: 228
Merit: 10
July 27, 2018, 04:04:47 PM
It's because once it is implemented in a country, it will be hard for them to earn, coz they only earn with the taxes paid by the company and stuff, but in this case crypto is decentralized and they can't get some taxes from it.
member
Activity: 227
Merit: 10
July 27, 2018, 03:53:21 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 think the word dangerous only fits if the person invest everything on crypto like his life depends on it  Grin Grin other countries ban crypto because of the threat, it's not really dangerous but rather a high risk investment. Some countries are still not open to the idea of cryptocurrency
member
Activity: 322
Merit: 10
July 27, 2018, 03:37:09 PM
I think so so because all finances industry are ver risky . But we in Russia have one good proverb "Who does not risk that one does not drink champagne".
newbie
Activity: 182
Merit: 0
July 27, 2018, 03:34:04 PM
I think no . Because crypto field i nt a gambling field . I this field you can use your knowledge and experience to get profit . And also you have to wait until receive profit .ex you have to wait coin goin up before sell the token. Never sell tokens with loss profit .if You have basic crypto knowledge this field is not dangerous .
member
Activity: 573
Merit: 11
July 27, 2018, 03:31:47 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


Yes, cryptocurrency is dangerous to both banks and the government. The government consider it as a dangerous thing because it is a decentralized system and the government are after controlling anything about cryptocurrency. Since its uncontrollable then they classify it as a dangerous technology.
jr. member
Activity: 224
Merit: 1
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July 27, 2018, 03:29:29 PM
It seems to me that the reasons can be different. Perhaps for not being able to control the crypto currency, or for the huge scam in the ICO sphere.
newbie
Activity: 91
Merit: 0
July 27, 2018, 03:29:09 PM
Yes of course but also it is also secured in terms of investment, the cryptoworld is dangerous because there are a lot of people or hackers that can steal your tokens or can get you scammed if you are not knowledgeable enough about on what you are doin, so be very cautious on how you transact to the others because it can be a scam or can get you hacked
member
Activity: 336
Merit: 10
July 27, 2018, 03:25:52 PM
In crypto there is a great opportunity to lose money due to theft. As a result of the attack on the exchange platform, crypto currency, or infrastructure use.
member
Activity: 218
Merit: 10
July 27, 2018, 03:25:47 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 dont think it's dangerous, yeah it has huge risk depending on the coins you are betting with. So i suggest everyone who don't have enough knowledge or proper trading techniques must do their own research to know more how cryptocurrency or tokens works. not just because someone suggest to buy this coin or that coin is sure can give you profit so be wary and DYOR and keep HODL on!
newbie
Activity: 47
Merit: 0
July 27, 2018, 03:18:20 PM
But what do you mean, threatened?
Really dangerous the word is used in a pathetic question, negative thoughts, etc on this forum But crypto is not dangerous, but miserable news is that it is used in many illegal works.
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