Cryptocurrency is Dangerous ?

[victorianomojica]

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.

[husanchaika]

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.

[dekafee79]

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.

[Drew28]

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/. 

[Power]

crypto currency is very risky and selling your own house and any kinds of possessions is not a wise thing to do.

[cryptocancer85]

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.

[husanchaika]

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.

[Sentinel]

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.

[Mntree]

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.

[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.

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.

[Claus]

These kind of stories people have been circulating has scared most investors and they are running back at cryptos. It will surely be over

[bayiajaib]

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.

[Doctor]

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.

[Alenas2018]

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

[wahyunyarobiyanto]

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 .