Cryptocurrency is Dangerous ?

[rizqillah]

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.

[Syantik]

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.

[Garuda]

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.

[trons]

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.

[alltalk]

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. 

[rightway]

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.

[Phylum1020]

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

[SuccessManiac]

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.

[Syantik]

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.

[purpleseven]

Only bad news that makes crypto market decreased. the risks in the crypto business can be avoided if smart users manage their assets.

[IyemRoker]

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.

[Zed0X]

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.

[elrozaqo]

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.

[altery0518]

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.

[alfian141]

Yeah it much volatile so you mush lern it before trading, when buy and when sell it. Dont greedy or you will lost everything.