Cryptocurrency is Dangerous ?

[husanchaika]

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.

[anshor1]

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.

[husanchaika]

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.

[therozaq]

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.

[TripleVodka]

That depend by the user, sometimes crypto is really useful for us, but if we can't use it that can kill the users.

[laughingburger]

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.   

[satpol_PP]

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.

[owmivmen]

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.

[kevinjulio]

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.

[Baby Crypto]

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.

[Master107]

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.

[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.

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.

[racham02]

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.

[Madapaka05]

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.

[skjude001]

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.