What are the Real Risks of Crypto? - page 8.

sexylady13

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https://www.udap.io/ - Tokenize Everything

Quote from: various on January 21, 2019, 07:34:00 AM

Not only the user's lack of knowledge, but also the security vulnerabilities of crypto coins can be a risk. First of all, security is a must, and confidence in crypto coins is reduced if security is not provided.

Many projects pay much attention to the security of their networks. As we know, ETH postponed its update because of the vulnerability. Developers work on that, so the situation will be better soon!

rollingstorm45

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Activity: 448

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Quote from: arjuna BTC on November 01, 2018, 06:49:02 PM

as i know crypto with blockchain tech is an experimental project
so, there is a lot of risk in crypto my friend
such as,, if the experimen failed, crypto will have no value in the future,,
but, 100% i believe crypto will be success Wink

Bitcoin is a new discovery in digital payment system technology, so bitcoin is a big leap from the evolution of currencies in the world, so things like this cannot be lost because the world of commerce really needs a digital currency that is global by one person. country and has a decentralized system.
being very safe cannot be duplicated like a paper currency that is very easy to fake.
so bitcoin will always be needed in every world trade in the future.

djuragan

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For me the real risk would be, If the cryptocurrency is stop working because it loosing it's value due to many people dumping them all together.
I really don't wan't that to happen, i hope the cryptocurrency world will be able to keep on thriving.

chikading2016

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The real risk of crypto is the unstable status and the unpredictable price o f the crypto coin. I believe that if we are going to make a decision without a proper study or maybe if we don't have an experience in crypto we can possibly lose a huge amount of money or asset. So I believe that the real risk is on the status of the crypto coin itself.

OcTA Bd

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Join @Bountycloud for the best bounties!

To me the real risk is to find a good crypto currency with a good market capital and valid team members. Of you are a bounty Hunter then your struggles begins from choosing a good campaign. It's became hard to differentiate a good and a bad bounty campaign and side by side a good crypto coin.

goolesby

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Activity: 574

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Gistcoin

In my opinion, the real risks of the crypto are always losing hope and money.
Many people have lost their capital of the money that are invested in crypto. This drive someone to be stressful and depression. That is why we must be able to manage ourself to be involved in crypto with smart strategy and right decision.

moon sorcerers

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Sovryn - 300-500% APY on USDT Deposit

there are many risks that must be faced in crypto, one of which is a scam project, the number of scams makes us have
to be careful and analyze the projects that must be followed, in my opinion the scam project is the biggest risk in crypto

seleme

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Duelbits.com

Quote from: bartusv on January 21, 2019, 06:51:35 PM

The biggest risk for cryptocurrencies is that people do not understand the technology and how they will benefit from it
and mass adoption will take very long. With internet it was a similar situation and we all know what happened later.

Mass adoption will be key to success and there were similar situations for new invented technology on history. Blockchain technology is not for today's modern tech world so in future we don't need to find the missed part of puzzle.

posi

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Vave.com - Crypto Casino

Quote from: serejandmyself on January 21, 2019, 05:54:23 PM

Currently I have the only one big risk - my time spent for studying, doing bounty hunting without any feedback/compensation.

I believed that happened to you because you don't choose the bounty project.which lead to time wasting but most cases as bounty concern the reputation,maturity and experience level of the manager with the total token allocation for the bounty in USD are what you should first lookout for before doing research about the project.
If you my advise you'll risk free per bounty aspect.

bartusv

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The biggest risk for cryptocurrencies is that people do not understand the technology and how they will benefit from it
and mass adoption will take very long. With internet it was a similar situation and we all know what happened later.

minus_one_crypto

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At the moment, many projects are dying. The real risk is that you choose the wrong project for investment. This can lead to large losses.

mersal

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Quote from: Xising on January 21, 2019, 06:27:25 AM

Quote from: tenebriscaelum on November 01, 2018, 05:05:33 PM

It will always be the user and not the technology. The lack of knowledge and understanding is really what drives the risks in any kind of industry. Let us have an anology: for instance you would want to learn how to drive a motorbike the risk of being in an accident is not to be blamed to the bike but rather your knowledge and experience on how to drive it.

I agree. I mean, many people think that since the cryptocurrency market is inclined with the use of technology, that it's easy to master, and that losses can be kept at a minimum. But, that is a great misconception that cost people so much, since they are not really giving much thought on the actions and ventures they do in the market. This market, I can say, is a silent killer, wherein it does follow that when you're tech savvy that you would immediately have the upper hand ensure success in the market. The thing about the market is that it can really turn at any moment, and the investments one made can also go down south in an instant, so if you won't make it a point to be alert and equip yourself with the knowledge and weapons you need, you would sure experience loss after loss.

Mostly the risks are being easily solved by the working style of us in cryptocurrency so the problem is how we worked in this field if we recognise and change something better for us it will be good for us to maintain our stable profit for a long journey time and it will be the reason why we are losing money also.

kickdapa

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Crypto is not a risk for everyone. This is risky for them who wants to be rich in a very short time, so they invest in random coins and start waiting for the moon and most of the time, the opposite scenario happens. Crypto can make you rich and it can make you poor, but it not dependent on crypto, it depends on you! Crypto just a process, everything you make decisions on crypto, you need to be proactive and smart! If you able to pick the good time to buy and a good time to sell, then you are not in crypto's risk zone, otherwise crypto is risky!

matricaria

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I think that investing in cryptocurrency is very dangerous. We cannot know where the market will go. Because of this, our investments are at risk.

Barinerro

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Justice as a Service Infrastructure

Quote from: ?? on ??

If you don't invest in right coin, you could be lost your all money. Even in good coin your millions dollars could be a some few thousand dollars.

You need to learn to trade in the cryptocurrency market , I think that not always hold strategy can bring you a lot of money, the main thing is to keep your strategy

serejandmyself

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Manager of looking busy #citizencosmos

The account was hacked between 29.01.2018 and 04.02.2019. All posts made during this period were not made by me.

Please see this topic:

https://bitcointalksearch.org/topic/m.49582645

Altero

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Quote from: Kiefner on January 21, 2019, 05:32:43 PM

I think the main risks associated with cryptocurrencies, it's fraudulent. ICO, hacking of wallets and exchanges, as well as a very strong market volatility.

Frauds were spread around and it turns out that many ICO were fails. It could be easy for them to make that way cause of its anonymity.
We cant be afraid of its volatility cause it is present since before and only we afraid most if someone hack our account and loss everything we have.

minttop

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The real risk is losing everything you have! That's the real risk of your activity in crypto and results of taking wrong decisions, bad analysis and being lazy. In crypto you learn fast, because your experience is your money wasted

Kiefner

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I think the main risks associated with cryptocurrencies, it's fraudulent. ICO, hacking of wallets and exchanges, as well as a very strong market volatility.

Cryptrx

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Worlds Simplest Cryptocurrency Wallet

There are a lot of risks associated with cryptocurrency especially the security of one's cryptocurrencies and fraud. People have lost money to scammers and fraudsters who pose in the different guise looking for who to con.

Topic: What are the Real Risks of Crypto? - page 8. (Read 22075 times)