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Topic: is crypto industry dangerous ? - page 39. (Read 5805 times)

member
Activity: 378
Merit: 11
July 20, 2018, 07:22:25 AM
crypto industry is very dangerous for investment, but only when there is such a danger, it is possible to get a good profit. But you need to very carefully invest a lot of scammers.
hero member
Activity: 742
Merit: 503
July 20, 2018, 07:10:54 AM
All the Industries are dangerous this or other way, you need to concern all those risks and trying not to fall too much in it, because even the cryptocurrency can be strictly banned in your country.
member
Activity: 406
Merit: 10
July 19, 2018, 07:48:48 AM
Of course, there are certain risks of losing money during trading, during investments or because of fraudsters among ICOs. Therefore, you should carefully choose the appropriate options for investment.
newbie
Activity: 11
Merit: 0
July 18, 2018, 02:36:48 PM
I heard about crypto using in deep web but danger is about your actions with it in my opinion
jr. member
Activity: 224
Merit: 2
July 18, 2018, 02:29:45 PM
I can not say that the crypto industry is dangerous but the risks are there in any business there are risks even if you go to work for a firm on a salary and there is a risk that you will not be paid or broke off by the company
newbie
Activity: 66
Merit: 0
July 18, 2018, 02:21:59 PM
Dealing without knowledge is dangerous. It is not a dangerous in countries but Bitcoin is decentralised cryptocurrency so government should not control the coins .This is purely transparent in all the peoples so many banks are affected in the country. It is the main reason to avoiding the Cryptocurrency legalisation. But some countries are looking to advance technology so they all are agree with Cryptocurrency because many peoples are supporting to crypto investment. Fiat is backed up by the government and people use it for all purposes, so it is quite safe. Cryptocurrencies are volatile and in a way there's some danger of people losing their money with them, which is why they get banned .
newbie
Activity: 142
Merit: 0
July 18, 2018, 02:19:16 PM
Crypto is very volatile and there are a lot of different price manipulations. Of course it can bring you huge profit, but i try to invest only money, that i am ready to lose. Otherwise it will be very risky.
newbie
Activity: 66
Merit: 0
July 18, 2018, 02:04:31 PM
pretty dangerous, its manipulating by whales, media etc esp if you are new to this space you can get crush easily ..
newbie
Activity: 224
Merit: 0
July 18, 2018, 02:00:15 PM
with regard to losing everything, I lost a lot of bitcoins because of a computer hard drive breaking. then I left the crypto scene for a while, didn't lose much at the time because btc wasn't worth much at all, though if i lost it now i would probably throw a paddy fit, and drink myself to an early grave. l
member
Activity: 294
Merit: 10
July 18, 2018, 01:59:50 PM
Cryptoindustry is not dangerous. The only fact about cryptocurrency is its volatility. Because cryptocurrency's price varies one of the factor which is the law of demand and supply, thus making it vulnerable if and only if demand of bitcoin or alternative coins deteriorates. It is indeed not dangerous. What matters is you must be very vigilant and responsive to it. Cool
jr. member
Activity: 70
Merit: 1
Blockchain with a Purpose
July 18, 2018, 01:57:07 PM
This is very risky thing. You can lost all your money there, or grown rich very fast.
member
Activity: 560
Merit: 11
July 18, 2018, 01:23:49 PM
Cryptocurrency is safe and allows you to earn money and the more you know about it the faster you can earn. Therefore, we have to learn all about the crypto world.
newbie
Activity: 68
Merit: 0
July 18, 2018, 01:16:17 PM
I think crypto is not dangerous, crypto is a very useful technology and can be very helpful for mankind,
crypto is famous for its transparency and decentralization so that no government or people control it,
hero member
Activity: 1498
Merit: 586
July 18, 2018, 01:14:02 PM
Hey. All states are trying to understand how this is for them, for the financial scheme of this particular state. Some simply close, others study and some completely accept. The fear that money moves uncontrollably and not transparently - greatly undermines the system of financial institutions.
A little time will pass and laws will be passed, they will not disappear any more, no matter how afraid they are, they can not stop the crypt.
Everything can be dangerous once you used it in a bad way, so if the cryptocurrency used as a tool for a crime then possible to make it a dangerous one. Like in some site that crypto is used as payment for doing transaction like buying drugs, weapon or anything that illegal. And i think crypto industry cannot avoid those illegal transaction to used crypto as tool for payment, that is one of the reason why want government to control crypto.
full member
Activity: 322
Merit: 101
July 18, 2018, 01:01:49 PM
Hey. All states are trying to understand how this is for them, for the financial scheme of this particular state. Some simply close, others study and some completely accept. The fear that money moves uncontrollably and not transparently - greatly undermines the system of financial institutions.
A little time will pass and laws will be passed, they will not disappear any more, no matter how afraid they are, they can not stop the crypt.
jr. member
Activity: 238
Merit: 9
July 18, 2018, 12:35:43 PM
Honestly, cryptomarkets may be judged as greatly risky no less than the comming years and after todays they must be considered reasonably volatile by many of us.
newbie
Activity: 203
Merit: 0
July 18, 2018, 11:40:49 AM
I can't say if it is dangerous but it is a fun ride.

There are crashes. There are scandals. There are ruin for many, there are those left behind moaning it isn’t fair. There are giant fortunes made. A new industry rises and a new generation of billionaires spring from nowhere and strut about.
full member
Activity: 338
Merit: 100
https://eloncity.io/
July 18, 2018, 11:35:23 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

before we start to enter the world of cryptocurrency I think we all certainly already know all the risks we get in these investments, actually that makes the cryptocurrency dangerous of course the purpose of the investors themselves

And also if you are a person, who can spend all your money carelessly and foolishly crypto is not for you. Because you need to be wise and bright-minded.
sr. member
Activity: 854
Merit: 250
July 18, 2018, 11:14:35 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

before we start to enter the world of cryptocurrency I think we all certainly already know all the risks we get in these investments, actually that makes the cryptocurrency dangerous of course the purpose of the investors themselves
member
Activity: 322
Merit: 12
July 18, 2018, 11:05:32 AM
"Dangerous" is a harsh word to describe cryptocurrencies. You could say cryptocurrencies are volatile. This feature, however, demands that an investor remains patient for some time to earn some profit.
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