Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: ambar33n on July 15, 2018, 10:47:13 AM
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
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If you have lost everything through crypto, it is not crypto which is the problem. In fact you the person are the problem. There is no money making venture which is without risk and you do not put all your life's savings or work into something which is risky. It's like putting everything you have worked for on a bet and losing and coming to put the blame on betting.
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I don't think cryptocurrency is dangerous. It is only dangerous when used in making criminality. The people who use it in illegal activities are the ones making it as one.
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
If You are not controll your money, I think It is dangerous. But Best choice will give you best profits. We must choose a good coin to do someting, trading or hold.
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
Yes mate Crypto currency was so risky because all scammers then hackers are willing to give their all skills to make you suffered.
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
Maybe 70% of crypto make it dangerous is due to scam and high volatility market, crypto is just an investment instrument. I suppose the stories that you hear is that they did not exercise responsible investing. Most probably they are being too greedy and invest with every cent they have. This might be the the effect that bitcoin rises more than 100% and that gives them the false impression that in crypto earning profit is very easy.
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
I think It is not dangerous. You shloud invest your free money. Dont sell your house yo invest in crypto..Crypto currency is high volatile.
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Yes, it is both dangerous and also profitable as well as useful. But need to know how to control it before involving this market. As like as what a car driver does. So, I think the story you heard is might be true but I will say they were uneducated or so greedy.
Thanks mate.
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Cryptocurrency is very very risky and dangerous, if we are not careful in the use and storage.
if we are careless we will lose the assets we already have.
Which creates danger is our belief, trust and caution in the world of cryptocurrency itself, if we believe and understand the cycles and graphs of our cryptocurrency will not be trapped and retreated.
We will always wait until the peak time of a big price increase
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This is a risky investment that needs proper understanding about the volatility and those scammers but if you have knowledge in cryptocurrency then you can survive in here and gain your profits.
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Cryptocurrencies will be dangerous for all of the people who don't know anything about it and any other related with cryptocurrencies, should the people who want make investment into cryptocurrencies must learn more about the cryptocurrencies first, so they don't blame the cryptocurrencies because of losing money in cryptocurrencies that's more wish than blaming cryptocurrencies.
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Cryptocurrencies may dangerous if you have no idea what is it, That's why it is very important to make some research before you will start investing in cryptocurrencies.
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Undisciplined and impulsive decision is what makes more dangerous. Cryptocurrency is not dangerous but it is the lock of self discipline and knowledge what makes it more dangerous.
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
Actually, it's dangerous if a person will put all his and his family's savings into cryptocurrency.
It's better to invest in smart way. To be patient not only to wait for rewards, but also before investing.
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If you have lost everything through crypto, it is not crypto which is the problem. In fact you the person are the problem. There is no money making venture which is without risk and you do not put all your life's savings or work into something which is risky. It's like putting everything you have worked for on a bet and losing and coming to put the blame on betting.
Yes, markets are always right, it's within the person if he loses his fortune.
But of course, sometimes markets are moved crazely and unexpected, but if a person is right on his decision, he will make his money eventually.
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Cryptocurrencies will be dangerous for all of the people who don't know anything about it and any other related with cryptocurrencies, should the people who want make investment into cryptocurrencies must learn more about the cryptocurrencies first, so they don't blame the cryptocurrencies because of losing money in cryptocurrencies that's more wish than blaming cryptocurrencies.
I participate in a company that decide to spread its community by MLM scheme.
There are people in the structure that put their money in, but on chats and forums blame cryptocurrency just because they don't understand it.
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
I think It is so funny. You should use free money to invest dont sell your house for invest. It is risky.
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Undisciplined and impulsive decision is what makes more dangerous. Cryptocurrency is not dangerous but it is the lock of self discipline and knowledge what makes it more dangerous.
Self-discipline is needed almost everywhere, but people don't realise it because other fields don't need fast reactions and don't move radically, as crypto does.
And thus this weakness of lackness self-discipline and uncontrolled impulsive decisions will make a bad thing to the person who takes part in crypto.
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
No, I thik is very profitable If you lear and have knowledge about crypto. Crypto is high volatile, You choose a good coin when the price is low and sell when high. Thats not how much your money to invest, but when ??? You must do it at the right time.
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That depend by the user, sometimes crypto is really useful for us, but if we can't use it that can kill the users.
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
Not only crypto is dangerous every investing instrument is dangerous also. How you differentiate between dangerous or not dangerous is the way you engage in it. Someone like warren can make profit from stocks market consistently but some people can go bankrupt because of stock. So we can see the main difference is whether you follow your strategy closely which is investing or you treat it like gambling.
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
I think It depends on what you want to do. If you have sold your house to invest in crypto I think It is not good way. crypto is high volatile, If you dont carreful, You will lose alot.
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Crypto is dangerous if users can not manage their assets. they buy crypto for the price and sell it cheaply. this will be detrimental and make money losing. before buying a crypto should learn to analyze prices and market conditions.
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Crypto judged dangerous because the price is uncertain and ever-changing its value. In addition, many people lose because they are failing to understand or lacking knowledge of the cryptocurrency. for it is very necessary to learn a lot and read so that things like this can be minimized and don't fully blame cryptocurrency.
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
If you are panic selling and buying, that will make crypto currency is so dangerous.
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At the first place there wasn't full assurance of success because it is given that risky is always in the air in crypto. Giving up real properties what makes super dangerous.
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Cryptocurrencies will be dangerous for all of the people who don't know anything about it and any other related with cryptocurrencies, should the people who want make investment into cryptocurrencies must learn more about the cryptocurrencies first, so they don't blame the cryptocurrencies because of losing money in cryptocurrencies that's more wish than blaming cryptocurrencies.
I participate in a company that decide to spread its community by MLM scheme.
There are people in the structure that put their money in, but on chats and forums blame cryptocurrency just because they don't understand it.
Yes that's example of the people who don't understand about the cryptocurrencies, i am sure they don't understand about the system of multi level marketing on your project too, it is important lesson for all of us before join in cryptocurrencies project, so we don't blame cryptocurrencies like this.
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I do not believe that cryptocurrency is a dangerous because cryptocurrency is a great help for me and to my family, it's up to you how to use crypto, the other people's use cryptocurrency to scam other people, and they use it in illegal activities, before you join the crypto to invest you must first research about crypto, if it works, if it's legal and more.
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Its is dangerous if you dont have knowledge about this because many people are not knowing about bitcoin so they reckless to invest.Many people are using bitcoin to scam other people like pyramiding scam.
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
Its how we interpret it for easy profit. some people gamble all their savings and lose all their way in this. Its hows we handle our greed. once we taste the profit of crypto we can never stop it.
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There is no money making venture which is without risk and you do not put all your life's savings or work into something which is risky. Many people are using bitcoin to scam other people like pyramiding scam.
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There is no money making venture which is without risk and you do not put all your life's savings or work into something which is risky. Many people are using bitcoin to scam other people like pyramiding scam.
Yep, that's right.
If you wanna big money, then you have to agree to bear a big risk.
Crypto is as risky as any other venture investment.
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
Maybe several people think about that. Crypto currency is dangerous. But I think Crypto is very profitable and good investment.
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I don't think Cryptocurrency is dangerous. It's a good way of investing, but there's a 50/50 chance of losing or gaining. By the way try checking VLUX out https://vlux.io/. :)
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crypto currency is very risky and selling your own house and any kinds of possessions is not a wise thing to do.
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crypto currency is very risky and selling your own house and any kinds of possessions is not a wise thing to do.
Indeed, it isn't practical ways to deal with crypto mate. Maybe I can suggest using our own saving before we engage in cryptocurrency, and this would be a safest thing for us to avoid financial losses. But in any ways sometimes cryptocurrency trading will make surprising profit when you're lucky enough to trade a promising coins.
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crypto currency is very risky and selling your own house and any kinds of possessions is not a wise thing to do.
Indeed, it isn't practical ways to deal with crypto mate. Maybe I can suggest using our own saving before we engage in cryptocurrency, and this would be a safest thing for us to avoid financial losses. But in any ways sometimes cryptocurrency trading will make surprising profit when you're lucky enough to trade a promising coins.
Actually, traders say: if you are willing to lose your entire money on trade, then it's gonna be a good one.
And because of that, you shouldn't care about your savings, or better to not to touch your savings then at all.
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It is only a bad or negative issues of crypto to drive people avoid the cryptocurrency. I have joined in crypto since last years. And I got the great profits. This thing gives the benefits. It will be dangerous if we cannot use the crypto wisely and profitably.
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Yes, it is both dangerous and also profitable as well as useful. But need to know how to control it before involving this market. As like as what a car driver does. So, I think the story you heard is might be true but I will say they were uneducated or so greedy.
Thanks mate.
Everything in this world was dangerous even if offline or online income.How much more if we can gained a lot of money in crypto which make as risk.
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Yes, it is both dangerous and also profitable as well as useful. But need to know how to control it before involving this market. As like as what a car driver does. So, I think the story you heard is might be true but I will say they were uneducated or so greedy.
Thanks mate.
Everything in this world was dangerous even if offline or online income.How much more if we can gained a lot of money in crypto which make as risk.
Yes, i agree with you. Everything is related to risk, But may be more or less. But here in crypto it is relatively more than other business. Because of the price fluctuations of cryptocurrency. So, to avoid risk one much learn how to avoid it.
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These kind of stories people have been circulating has scared most investors and they are running back at cryptos. It will surely be over
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
I think If you cannot manage your money, It is dangerous..Investment is free money, dont you sell your primary assets like house for invest.It is funny.
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
I think, If you sell your house for investing, It is risky. I dont like it. I prefer use free money to invest.
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
It becomes dangerous if not handle properly. you should think your priorities more. don't leave your job and just think that this cryptomarket is just a sideline from what you are truly doing right now
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I think the harmless cryptocurrency is very useful for us, for example with blockchain technology we can use it for various records that can not be manipulated .
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
I think crypto currency is very profitable.It is not dangerous if you know all about crypto. Crypto is high volatile.
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The main factor that makes cryptocurrency dangerous is because of the fluctuating exchange rate so if the trader is not able to hold the asset well the possibility of losses is difficult to avoid.
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Who said? In my opinion, dangerous or not will depend on the users. As the money, it can be dangerous if used for the bad thing. I think that crypto has a great benefit.
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Apparent ease of earning a lot of money, this is the main danger. This was seen particularly well last year, when there was a lot of growth. People thought I would take the loan now and double the amount in a month, but now the decline has been going on since January. When it is over, no one knows.
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In my opinion, It depends on the person. You should have a good strategy to invest or to do business in the Crypto world. If you have proper way, I think you can be successful. Nothing makes Cryptocurrency dangerous, it depends on you. :)
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
Yes crypto is so dangerous so we should be careful in choosing a good crypto to invest because it might be risking your money.
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
It is very risky to invest in crypto especially if you have not enough knowledge in this crypto market. Selling house, properties etc. Is not a wise decision to make, you can atleast invest the money you have in your pocket or savings instead of selling everything you have because you can lost it in a matter of time if you fail in your investment. Invest money that you can afford to loose
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There are a lot of scam ICO's out there so when investing, you have to be very vigilant. If you have lost all your money, then it means you didn't do your research well enough before investing. So be cautious next time.
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The main factor that makes cryptocurrency is considered dangerous because the exchange rates are very fluctuating so all traders must be able to hold assets well to anticipate the occurrence of major losses in the future.
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Only bad news that makes crypto market decreased. the risks in the crypto business can be avoided if smart users manage their assets.
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I think it's too greedy in terms of investment, because in cryptocurrency it requires perseverance, patience and not greediness.
it's better not to invest from your savings or money, because it's not recommended.
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
Saying cryptocurrency is dangerous is like saying a knife is dangerous. It's not the cryptocurrency but it is the poor choices of the traders/investors that is dangerous.
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
No I think It is normal. It just crysis of crypto currency, The market will green again soon.
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
Yes, crypto currency is very dangerous and risky investment so it should be planned carefully before doing investment with it because it might steal our investment capital of we can choose a crypto coins which is not popular and profitable.
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Yeah it much volatile so you mush lern it before trading, when buy and when sell it. Dont greedy or you will lost everything.
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What makes crypto a dangerous currency is panic. Panic is a source of danger that will cause losses in crypto trading. That's why if you want to trade in Crypto, you cannot have such a bad mentality.
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Yes it can be dangerous in the sense that you can loose all your money in 1 day. The value of the coin can rapidly goes to 0. And it can be rewarding that it can also pump 1000x.
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for you krypto it's dangerous, but for us it's not.
because I also know how we can control the risks, so I will also get a better profit.
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it is not dangerous if you are wise and don't get into addiction to earn more and more selling your property.
some people really going mad with it, but some make intelligent investments.
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Well dangerous is not an appropriate term. In my opinion the best term I could state is cryptocurrency is risky. Since there are alot things that could result to losses.
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No, cryptocurrency is truly risk but I don't think it is dangerous. So far i haven't become victim on scam or hacking event.
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Of course! All new technologies are dangerous. Venture investments are the most risky. But they are the most profitable!
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
I think This conditions is normal. Crypto currency is high volatile. So Crypto is not so dangerous.
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If you are desperate and you want crypto to give you an instant wealth that's the danger start in. Because you become greedy and tempted for the shiny object that could affect your judgement. You should invest only within your limits and you can afford to lose that will keep away you from danger.
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That is a mistake made by crypto users. They don't think about the future of their investment and only see people who make a profit but they don't know how to get profit.
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Cryptocurrency training is always risky and cryptomarket is unpredictable so no one can't expect accurate future values maybe this is the dangerous. Crypto technologies using illegal activities this is too dangerous.
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Don't be consumed with Hoax news bro. Those who say Cyrptocurrency is dangerous are those who really don't know what it is and how it does business well in this Crypto World, bro. I think Crypto is safe because everything depends on us. So don't get the wrong copy and don't believe in the news of the Hoax that currently exists.
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That also happens with gambling, drug addiction, etc ? Crypto is not the problem, there are surely also a lot of people that are into the crypto world and didn't go crazy...
People that go on a rampage like that have a problem and if it is not crypto, it will be something else... crypto is indeed appealing and offer great chances, but everyone needs to chill and make rational decisions
cheers
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people who are too ambitious and have a scam,
they think that with a large investment, they will also be big and finally the investment they follow is a scam, even at my place until someone commits suicide because of crypto he borrows money to invest in a project that he fortunately benefits, but he follows a scam project
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I heard so many bad stories lately related to crypto, a lot of people lost everything sold their house, lost their lifetime savings.
What makes Cryptocurrency is so Dangerous ?
I personally prefer invest in crypto currency with my free money. Dont sell your house or your assets. Crypto is still high volatile.
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for us krypto is also definitely risky.
I believe before entering Crypto one must learn the basics of security. Of course, we can also learn it after starting crypto trading, but it may prove to be so that we will also be able to control the risks.