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Topic: is crypto industry dangerous ? - page 61. (Read 5795 times)

newbie
Activity: 77
Merit: 0
June 17, 2018, 07:03:26 AM
well I think this market is very young and you can both quickly increase your deposit several times or lose everything
so carefully approach to investing here
newbie
Activity: 58
Merit: 0
June 17, 2018, 07:01:55 AM
As the say goes, coins are volatile. Surely, cryptocurrency investing may probably become stressing. Hence, we must determine a predetermined method to realise gains.
hero member
Activity: 3122
Merit: 672
www.Crypto.Games: Multiple coins, multiple games
June 17, 2018, 05:06:13 AM
It is extremely dangerous, especially for conservative investors. Did you know that high risk adopting is more common for young investors and such guys like Soros and Buffet stay away from crypto,because of age and conservative approach
Modern thinking made crypto industry a grand successful regardless of where and what we have done for investments. Calling  crypto industry as a dangerous one seems like innocent call because lots of people are making use of it to become rich whereas some people are still staying away and calling it dangerous one due to risk levels.

If you notice, all the investment opportunities are coming with its own level of risks. If there is no risk then there will be no returns too or that could be classified as a ponzi. Crypto currencies industry must be smart one. We can earn here if we learn some tactics and strategies.
newbie
Activity: 58
Merit: 0
June 17, 2018, 05:05:47 AM
 There is nothing as good as decentralization and there is nothing as bad as decentralization all depends on how people make use of it. Crypto industry creates fear to some government because of the decentralization while some government only embraced the technology behind it which is blockchain.

Another reason why crypto may be dangerous to government is the ability to trace transactions, if crypto industries are to be legalized it means funds is legalized to enter crypto which indirectly means loot can occur with no trace.
sr. member
Activity: 1456
Merit: 253
Margin Trader
June 17, 2018, 04:56:07 AM
It is extremely dangerous, especially for conservative investors. Did you know that high risk adopting is more common for young investors and such guys like Soros and Buffet stay away from crypto,because of age and conservative approach
newbie
Activity: 74
Merit: 0
June 17, 2018, 04:47:12 AM
Cryptocurrency is not actually a dangerous business, although sometimes there are danger things that happens in some business transactions, but totally cryptocurrency business is good, and it helps to the economic development and also to the living people who access cryptocurrency.
newbie
Activity: 98
Merit: 0
June 17, 2018, 12:15:30 AM
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.
newbie
Activity: 92
Merit: 0
June 16, 2018, 11:03:09 AM
It is not that dangerous, it is all about the decentralization of it so it means we are free to do anything without informing anyone. Likely county without a proper law. Some government against of it because they can't have the power to control it.
newbie
Activity: 113
Merit: 0
June 16, 2018, 08:18:37 AM
It will greatly reduce the governments ability to control the populations being a decentralised currency that they have no control. The world is run by the banks and if were to be using a currency without any third party involved that is controlled by the governments, they won't be able to know anything
jr. member
Activity: 252
Merit: 1
June 16, 2018, 07:05:55 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


For my opinion, encryption currency risk is very big, especially altcoin, if there is interference of the national policy, then altcoin will be a sharp decline, so you can't afford to risk to invest crypto markets. If you want to invest, you can use 10% your fund, this can be lost without affecting your life. Good luck.
member
Activity: 378
Merit: 10
June 16, 2018, 06:53:55 AM
Crypto industry is not dangerous at all. It just requires one to be active and efficient and having internet facilities that will enable one to be up to date in all that is happening in the crypto space
Crypto industry is not dangerous if you are well educated about it. Many people had a wrong perception about cryptocurrency because they have not done any research about it. Their knowledge about crypto is not so deep and engage themselves with crypto like investing which a very risky thing if you don't have a proper education or knowledge.
full member
Activity: 378
Merit: 100
June 16, 2018, 06:47:39 AM
Crypto markets are dangerous due to their volatility but for the same reason you can make big gain.
Maybe it's sometimes dangerous in the way people tend to be greedy and will do anything to benefit others, I mean what we call hackers, swindlers. They are everywhere even our so called friends can betray us for money.
newbie
Activity: 18
Merit: 0
June 16, 2018, 06:40:39 AM
I think the investment risk in this industry is very large, so if you want to invest in this industry need to do a lot of homework, first of all you have to be familiar with the industry, and accumulate some trading experience, if you invest too much money in the previous period
sr. member
Activity: 826
Merit: 263
June 15, 2018, 09:14:28 AM
Crypto markets are dangerous due to their volatility but for the same reason you can make big gain.
newbie
Activity: 91
Merit: 0
June 15, 2018, 09:11:25 AM
No more than any other activity. Life itself is dangerous) I think it is better to try and be wrong than then all life to regret.
newbie
Activity: 92
Merit: 0
June 15, 2018, 09:08:13 AM
it is very unprofitable for us to use such fast translations, while doing all operations anonymously, I hope that many countries will understand that they can not control this system
newbie
Activity: 88
Merit: 0
June 15, 2018, 02:31:59 AM
Its not dangerous at all as long as you know what it is and the risk. Most of peoples jump in to crypto without knowing anything about them that is why they say like that because of losing their money.
jr. member
Activity: 188
Merit: 1
June 14, 2018, 02:11:18 PM
Crypto industry is not dangerous at all. It just requires one to be active and efficient and having internet facilities that will enable one to be up to date in all that is happening in the crypto space
newbie
Activity: 87
Merit: 0
June 14, 2018, 02:08:34 PM
We all know that planning reduces risk. To be honest, token exchanges can possibly be dificult. For that, holders must define a prearranged system to realise gains.
newbie
Activity: 88
Merit: 0
June 14, 2018, 09:16:23 AM
The government likes to put everything under control, and cryptocurrency isn't an exception. And when the government does not know what to do with all this and how to get profit from it, they ban it. I don't see anything dangerous in cryptocurrency technologies.
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