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Topic: is crypto industry dangerous ? - page 4. (Read 5795 times)

newbie
Activity: 264
Merit: 0
August 16, 2018, 09:14:57 AM
Seriously I don't know why many people think the cryptocurrency is so dangerous that they shouldn't engage in it,  I believe the cryptocurrency safes time and perfect theft compare to the fiat money. Not wanting to engage in cryptocurrency because it is dangerous is like saying you don't want to engage in a business because it is dangerous. All sector of  human activities are dangerous we just have to be careful.
member
Activity: 185
Merit: 10
August 16, 2018, 09:11:50 AM
In principle times, some crypto has unsafe. Be that as it may, furthermore not all the crypto is industry risky. I think crypto is the best undertaking and can give me informtion about the coin or token. Additionally, crypto is a standout amongst the most undertaking who has data insight about the coin. So I think crypto is a standout amongst other venture who has not unsafe in thia venture.
newbie
Activity: 154
Merit: 0
August 16, 2018, 09:08:03 AM
I think crypto becomes dangerous when one invest in here without proper sense. Another dangerous thing is scamming. Other wise every thing is normal.
jr. member
Activity: 276
Merit: 1
August 16, 2018, 08:22:59 AM
I think possibility of money laundering, speculation and most of all volatility are blamed for its danger. So many countries are trying to bring regulations. Cryptocurrency is a good invention itself. Cryptocurrencies should start doing what they are established for to avoid its possible danger. And regulations should also work.
member
Activity: 210
Merit: 10
August 16, 2018, 08:09:28 AM
It is dangerous as it is not regulated by financial institutes and could cause trouble, like bubbles and ect . For most of people it is dangerous of loosing their investments, as they lack of knowledge and they could lose their savings. The government was minimized their income tax return because they can't control the income of the people who participated in the crypto world. The most dangerous things in crypto are volatility, hackers, and people`s own stupidity, in my opinion  Shocked
newbie
Activity: 90
Merit: 0
August 16, 2018, 08:05:10 AM
No, because so many famous people is a part of crypto
And if they know that crypto is dangerous why would they be a part of it.
copper member
Activity: 156
Merit: 0
Let's get lots of useful information!.
August 16, 2018, 07:56:36 AM
This question has to be seen from the perspective of investment. I always say investing in investors should know that risk is a priority and that you can lose all of your investment rather than gain. In order to make stable transactions, it is necessary to acquire investment career or expert advice, study more about investment, obtain knowledge about it, We can decide.
jr. member
Activity: 365
Merit: 1
August 16, 2018, 07:55:03 AM
There was a time when people used to call crypto as a bubble and now as dangerous. I love the way people think like that and all those people are the ones who don't know anything about cryptos. Let them keep saying that let the industry flourish.
member
Activity: 322
Merit: 10
August 16, 2018, 07:53:24 AM
Its not dangerous for normal people like us but dangerous for financial institutions who are controlling all the system . It is true that there is lot of scam and FUD in Crypto but we have to sort it out and self regulate to become a safe investing environment. The blockchain was invented in order to ensure maximum security, so that cryptocurrencies can not be dangerous in any way at all  Grin
member
Activity: 196
Merit: 10
August 16, 2018, 07:51:54 AM
Crypto industry has no risk in my perspective since a portion of the innovations utilized as a part of the business guaranteed the security. In any case, it has higher hazard. Somebody can be down to nothing in one night. This hazard misconstrue as the threat. The greater part of new digital forms of money depend on Artificial Intelligence.
full member
Activity: 560
Merit: 108
August 16, 2018, 07:48:01 AM
It depends how we deal with it. It can be profitable if we do the right thing and it will be a dangerous thing if we not doing right. Do your own research before jump in to cryptocurrency.
newbie
Activity: 27
Merit: 0
August 16, 2018, 07:43:04 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

Crypto is not dangerous, instead, the user is. Because of the illegal activities of others and use cryptocurrency as payment, it affects the image of digital currency. In addition, the scammer is all over the world with anonymity where we have seen that was broadcasted on television.  Also, the manipulation of media has a great impact on its listeners or readers that giving a wrong information without giving a positive side of crypto. Yes, there is a risk, but that is a part of our lives. In everything we do, we take a risk. The way I see it, a risk is different from dangerous.
newbie
Activity: 94
Merit: 0
August 16, 2018, 07:23:48 AM
Well we might say it could be dangerous cause lots of people take their knowledge as their advantaged to scam people whose are lack of knowledge about this technology, but in some ways crypto industry can help many people to support their financial and they can do real jobs while doing crypto together.
full member
Activity: 686
Merit: 104
August 16, 2018, 07:19:08 AM
Due to the government have not all recognition the cryptocurrencies, and the crypto have not regulation by the official financial department, anyone can create the coins or altcoins, so there are many scam ICO and fraud in it, if someone invest in this project, you will lost the money.
member
Activity: 280
Merit: 60
August 16, 2018, 07:14:21 AM
Just like any form of investment crypto industry you need to take risk to success in this industry. However, there are ways to minimize the risk like analyzing the project before investing.
sr. member
Activity: 490
Merit: 250
August 16, 2018, 07:14:12 AM
People always afraid of things they are not familiar with, moreover mass media keep on telling hackers and bad people using crypto for their purposes.
Cause media are only focused on amount of people that are watching them, they don't really care about the truth of the information they give (not always), so for me we don't really need to think about this way of getting informed.
newbie
Activity: 65
Merit: 0
August 16, 2018, 07:10:33 AM
I think that the crypto currency isn`t dangerous!
This is a new financial tool to which not all people are accustomed.
The danger due to the risk in investing is normal thing!
member
Activity: 252
Merit: 10
August 16, 2018, 06:49:22 AM
Crypto isnt dangerous, maybe some country will gain losses in their businesses and they fe that crypto is not good for fiat money eco system. Crypto is ban by sone country but not mean it is not worth to have in this world. For me accepting crypto is the best right decision by those country.
member
Activity: 322
Merit: 11
August 16, 2018, 06:49:13 AM
No, danger is just a synonym of fear and it is where real people are made, their faith and courage separates the rich and poor if you remain with the feeling of danger nothing in your life will change and will remain as it is.
member
Activity: 490
Merit: 10
August 16, 2018, 06:48:09 AM
It is extremely dangerous, but holding fiat money can be dangerous and unstable as well. Have a look on rouble or lira course.
Both have changed significantly in a short period of time.
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