After a series of right-wing terrorist acts in Germany, the role of far-right rhetoric in inciting violence is much debated. Forms of hate speech in particular have caught a lot of attention in this debate. Drawing on the concept of dangerous speech, this article illuminates why narratives of imperilment are more critical for understanding far-right violence than open hatred. By constructing myths of victimhood, they make violent action seem necessary – even if violence is not proposed explicitly.