i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion
if you have been in this market for a long time, you will reallize the crypto market is very safe but those risks is only happens when we log in phising site and in most of cases investors lost money because they invested in ICOs, ICO is very easy to scam, just make a project look more appealing to investors even when you don't have any real product, investors still invest into the ICO because they only care bout profit, that is why ICOs is dangerous bringing bad reputations to entire cryptos industry.
Yes, those who are new to this business are usually being scammed, they invested their money without reading and without knowing what can be the possible risk, if they will do their own research and study first each things that needed to earn before dealing with crypto, then it will be much better
and also much safer, crypto currency still young and a lots of things can possibly happen just learn how to analyze and be prepare as always.
The only thing that can protect you from being scammed or hacked is knowledge. So actually for newcomers can be easier to learn how to trade than to analyze meticulously every ICO. As there is lots of info about stock market trading and the mechanics of it is fairly uniform