1. A literal or figurative path, route, or course of action that involves risk, danger, or hazard
The mountain road was a dangerous path filled with sharp curves.
A estrada de montanha era um caminho perigoso cheio de curvas acentuadas.
2. A risky decision or course of action that may lead to negative consequences
Investing all your money in that company is a dangerous path.
Investir todo seu dinheiro nessa empresa é um caminho perigoso.