Phishing is dangerous mainly when you use a credit card such as Visa/Mastercard etc. Although you probably don't own such cards, your parents might. Some parents lend their credit card to their children in order to allow them to make online purchases - and this is where things become risky! There are malicious people out there who do all possible to steal one's creadit card details so that they can then steal money from one's bank account.
This way of tricking people into giving away their credit card details is called Phishing.
Take a look at this video:
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