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Topic: is crypto industry dangerous ? - page 9. (Read 5802 times)

jr. member
Activity: 336
Merit: 4
August 12, 2018, 08:39:56 AM
Certainly dangerous. because investment here is very high risk and also very risky. if every person makes a mistake they must be prepared for the risk he will get
Just do not forget the basic rule of the cryptocurrency, do not invest more than you are ready to lose. And then some of the growth of the cryptocurrency at the end of 2017 bore their heads and they invested the last money.
jr. member
Activity: 308
Merit: 1
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August 12, 2018, 08:38:19 AM
In the cryptocurrency there is no owner , and it is fully decentralized because of this the danger is reduced , I think it is dangerous that can steal money
newbie
Activity: 32
Merit: 0
August 12, 2018, 08:36:09 AM
To me i feel because of its decentralized nature, some countries ban it because they might not be able to really get much grip to the crypto market as a government.
newbie
Activity: 57
Merit: 0
August 12, 2018, 08:34:04 AM
Some countries feel crypto is dangerous and tend to ban it cos the seem to feel that if crypto stays, it would be difficult for the government especially financial institutes to get revenues.
jr. member
Activity: 336
Merit: 4
August 12, 2018, 08:30:43 AM
It is dangerous because it is quite risky. Not all people have enough brain to be careful and not lose all their money. I heard stories that some people sold houses, cars, etc. and invest everything in crypto. And what would be if they lose their money after all? They will sit on the neck of taxpayers instead of supporting yourself.

I also heard that people took loans and sold a lot when bitcoin was 18000-19000, and now they are in a panic, as there is nothing to give.
newbie
Activity: 31
Merit: 0
August 12, 2018, 06:46:49 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 more on risky rather than dangerous because some people us it in some ways you cannot imagine. While the market stands undeniably unstable, it is one of the reasons why people in the market think crypto is dangerous.
newbie
Activity: 78
Merit: 0
August 12, 2018, 06:46:08 AM
Yes, encryption is dangerous. If they don't know the analysis of value, they may end up investing in bad times. They may also be deceived by new ICO projects. Study carefully before investing.
member
Activity: 384
Merit: 10
August 12, 2018, 06:40:37 AM
For beginners, this is risky because they know very little about reliable websites and activities they join. In the case of scammers, they face high risks. Be sure to do your homework before investing.

Most beginners do not understand the risks, they only hear that crypto investment is very profitable so they sell anything to buy crypto, this is what makes the price drop then panic and sell in a loss condition, investment is very risky so thinking best and understanding risk is important .
newbie
Activity: 75
Merit: 0
August 12, 2018, 06:30:26 AM
For beginners, this is risky because they know very little about reliable websites and activities they join. In the case of scammers, they face high risks. Be sure to do your homework before investing.
member
Activity: 308
Merit: 10
August 12, 2018, 06:28:49 AM
i think that crypto is not dangerous but some countries banned it because it is decentralised. Meaning, government cannot have the control and cannot tax it. Government wants to control every  money transactions which they can have the data in banks. But for individual it is advantageous because nobody knows how much wealth you have since we  are anonymous. Crypto can devalue even the most powerful country currency and that what are they afraid of because it has the tendency to  control the world.
newbie
Activity: 168
Merit: 0
August 12, 2018, 06:27:42 AM
at the moment, crypto has almost no barriers left . many countries which were opposed to crypto change your mind
jr. member
Activity: 1372
Merit: 1
August 12, 2018, 06:16:32 AM
my opinion is that there is no crypto danger at the moment in the industry. Now the low price for coins, but we are only on the way to start, soon everything will happen and we will fly to the moon
newbie
Activity: 154
Merit: 0
August 12, 2018, 06:14:49 AM
Everything has some breach issue. But new regulation will clear some problem.
newbie
Activity: 26
Merit: 0
August 12, 2018, 06:13:35 AM
No , I don't think so. It has some threats but those can be overcome.
jr. member
Activity: 80
Merit: 1
August 12, 2018, 06:12:21 AM
If you get a good concept about cryptomarkets then there is no problem.
newbie
Activity: 7
Merit: 0
August 12, 2018, 03:10:37 AM
I think crypto will long get accustomed
newbie
Activity: 113
Merit: 0
August 12, 2018, 03:08:23 AM
I think the encryption industry is not dangerous. For people, whether the encryption industry is dangerous depends on how people look at the world of cryptocurrencies. I don't think people should focus on encrypting negative news. Learn more about cryptocurrency. For those who have already invested, I hope that you can wait patiently and stay calm.
sr. member
Activity: 686
Merit: 257
August 12, 2018, 03:03:38 AM
The Cryptocurrency industry is not dangerous. Because I believe that experienced and educated people will make money by trading. Blockchain technology has the potential to direct the future of the world.
newbie
Activity: 126
Merit: 0
August 12, 2018, 02:58:37 AM
Dangerous word is a think of the peoples. Everything is not dangerous if we use it with rule and regulation. Same situation is here for the crypto if we use it with rules of a countries it is not dangerous. It will be useful to development. Apart from this, it depends on the behaviour of such people that what they want for concern country, global and crypto also.
jr. member
Activity: 341
Merit: 4
August 12, 2018, 02:38:09 AM
I don't know about this. maybe if the industry is in the real life and the governments don't give permission about the crypto industry then it will dangerous to continue and it's better to stay away. but if on the internet, maybe it's allowed since on the internet, it depends on what kind of crypto industry that we make and actually, our customer is from all over the world so it might not dangerous.
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