Cryptocurrency is Dangerous ?

[ambar33n]

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 ?

[CrypMania]

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.

[mackinleybhe]

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.

[legend45]

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.

[Mntree]

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.

[inewoods]

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.   

[Mbah Jenggot]

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.

[CryptoZenWorld]

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.

[wahyunyarobiyanto]

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

[coffeeclear]

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.

[pikebu]

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.

[Nikko]

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.

[Falcon]

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.

[husanchaika]

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.

[husanchaika]

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.