Topic: Difficulties of investing - page 4. (Read 549 times)
the difficulty that is still often encountered when investing in crypto is, sometimes we still can not determine to invest at what price, because the fluctuations in the crypto can test our mental and patience
The only thing that i always see that brings a lot of trouble in here is the needed of KYC in a lot of crowdsales, and a lot of people just try to avoid joining in there because of that
in long term there is no risk if you invest in right crypto and not in scam or pump and dump coins.You should invest as soon as possible because i dont think we can go more down from 330Billion
We can see that blockchain industry is growing continuously and a lot of investors are getting interested. They are becoming aware of the advantages of cryptocurrency and want to convert some of their savings into crypto assets. However I think investing on crypto is not that easy as it sounds. There are lot of risk involve in the process. Would you guys want to share what risks or difficulties investors may have to face while investing on cryptocurrency ?
Some difficulties and risks are as follows:1. You have over a thousand of coins to choose from.
Though you can trim your options down by looking into the top coins via CMC, Coinstats, or Blockfolio.
2. There is no certainty that a coin will actually gain significant value. Therefore you may have to wait for years for a price increase or sell at a lower price to cut losses.
3. Prices fluctuates which is why some choose to day trade. By this may be quite stressful since you will need to monitor your portfolio on a daily basis.
4. Market crash. We need to prepare ourselves for this so as not to panic when it happens. Don't be so easily intimidated or influenced by FUD's or fake news because they will pull you down!
5. Too many scammers now a days. We need to be vigilant in choosing our investments. Don't be a victim!
We can see that blockchain industry is growing continuously and a lot of investors are getting interested. They are becoming aware of the advantages of cryptocurrency and want to convert some of their savings into crypto assets. However I think investing on crypto is not that easy as it sounds. There are lot of risk involve in the process. Would you guys want to share what risks or difficulties investors may have to face while investing on cryptocurrency ?
i think the most difficulties in crypto is how to find a good ad undervalued crypto at this moment
if we talk about good coins to invest, you can invest only in the TOP 20 coin at coinmarketcap, but for the higher and better result in profit is if we can found an undervalued crypto in the market, and how can we minimize the risk
Investing in cryptos market is very risky for inexperienced people. Most of the people I know are invited to invest in cryptos, in particular, BTC and ETH, when the exchange rate is always rising, and they will be affected by FOMO psychology and will invest in lucrative hopes profit in short time. But after investing, the exchange rate will fall rapidly, they will fear and immediately cut losses to exit the market. Therefore, it is wise to invest in cryptos.
I think there is a big risk of fraud. That is, when exchanging cash for cryptocurrency you can deceive not exchange money for you, and in the worst case, you can still beat
Yes indeed there are many risks when we invest in crypto. I think the risk or difficulty that is always experienced by crypto investors is a very volatile price. Prices can go up and down anytime and in any amount, so investors can get big profits and also can get big losses as well. So investors should be able to analyze when to buy and when to sell. Other risks or difficulties is that not all crypto is profitable (there are many crypto that are scam and fail), so investors should be careful in choosing coin for investment. I think it is a risk or difficulty that must be experienced by crypto investors.
Easy to deposit but difficult for withdrawal.
That is the most problem that I read from crypto users. They got in and it is a good thing for us but they did not think about how they will get because of excitement.
You cannot do it for bank transfer cause there will always be a possibility that they will hold your account. Why? Money laundering.
Perhaps withdrawal of just little by little amount would work. But there is always a record of all your transaction so somehow they will see it and stop you once again.
That is the most problem that I read from crypto users. They got in and it is a good thing for us but they did not think about how they will get because of excitement.
You cannot do it for bank transfer cause there will always be a possibility that they will hold your account. Why? Money laundering.
Perhaps withdrawal of just little by little amount would work. But there is always a record of all your transaction so somehow they will see it and stop you once again.
We can see that blockchain industry is growing continuously and a lot of investors are getting interested. They are becoming aware of the advantages of cryptocurrency and want to convert some of their savings into crypto assets. However I think investing on crypto is not that easy as it sounds. There are lot of risk involve in the process. Would you guys want to share what risks or difficulties investors may have to face while investing on cryptocurrency ?
My difficulties when investing is due to internet network disruption, sometimes also caused by the less RAM so that the internet speed is also affected ,,If that is the problem I am experiencing ..
We can see that blockchain industry is growing continuously and a lot of investors are getting interested. They are becoming aware of the advantages of cryptocurrency and want to convert some of their savings into crypto assets. However I think investing on crypto is not that easy as it sounds. There are lot of risk involve in the process. Would you guys want to share what risks or difficulties investors may have to face while investing on cryptocurrency ?
There is nothing much to it except that you can loose your money. It is same everywhere with business I hope you know this. Also since it is online business, you will have every problems associated with only business with investing in crypto. People can play you for trusting them with your money. Lost of access to your registered account and password is also a problem. 
We can see that blockchain industry is growing continuously and a lot of investors are getting interested. They are becoming aware of the advantages of cryptocurrency and want to convert some of their savings into crypto assets. However I think investing on crypto is not that easy as it sounds. There are lot of risk involve in the process. Would you guys want to share what risks or difficulties investors may have to face while investing on cryptocurrency ?
When you are interesting to invest in the crypto currency and you should choose the best blockchain platform. the best blockchain platform will give you a lot of guarantee such as the future adoption of the blockchain itself and many more. The only risk if you can't get the best one and it might less on its adoption. Well I really think the common issue with investing in certain ICO are trust because you will need to have your trust in it 100% that it is really secure and your investment will not be gone forever, Just like what happen with CryptoBnB they haven't reach the hard cap that is why they stopped the ICO and send all the investors money back, Well I have heard certain ICO that run away with the money of investors and this is not a new issue.
Honestly it's difficult to invest when people dont trust the crypto or when they think the negative effects of it like the lower exchange of money, hackers and risks of losing the wallet. Investing cryptocurrency is not easy. It's just need to be studied more and learn how to keep the profits that you got.
We can see that blockchain industry is growing continuously and a lot of investors are getting interested. They are becoming aware of the advantages of cryptocurrency and want to convert some of their savings into crypto assets. However I think investing on crypto is not that easy as it sounds. There are lot of risk involve in the process. Would you guys want to share what risks or difficulties investors may have to face while investing on cryptocurrency ?
One of the risks I can site is investing in a wrong coin/project. Basically, it's not that easy to identify a legit project to the scam ones. To solve this up, you should heartfully educate yourself about the project you are entering, all the necessary infos you have to learned like the concept, the team and many more. We can see that blockchain industry is growing continuously and a lot of investors are getting interested. They are becoming aware of the advantages of cryptocurrency and want to convert some of their savings into crypto assets. However I think investing on crypto is not that easy as it sounds. There are lot of risk involve in the process. Would you guys want to share what risks or difficulties investors may have to face while investing on cryptocurrency ?
there is no such easy way if you want to earn a good profit from any prospect businesses, as a matter of fact many are got failed, just like in crypto, investing in ICO have different aspects must be considered so that your money will not be wasted. Good concept of the project including white paper,the ability of the team and the product.
The risk that can be involved with crypto's is the volatility.
I think their might be a risk here but it is really low as long as the coin continues to develop. For example, the coins that belong to the top most likely in the top 50 are actually great coins. If you invested here, it is most likely you will really get a profit out of these coins. But there is still a little risk because anything can change due to the team and the project development.
Well with investment, there's always a risk. With crypto the most difficult part is setting up accounts knowing when to buy and sell. For you to fully understand, you have to date back to its charts and how it moved since its launched. You have to research and read blogs about a certain coin you wanted to invest. Without full knowledge of it, your investment is of greater risk.
Well I really think the common issue with investing in certain ICO are trust because you will need to have your trust in it 100% that it is really secure and your investment will not be gone forever, Just like what happen with CryptoBnB they haven't reach the hard cap that is why they stopped the ICO and send all the investors money back, Well I have heard certain ICO that run away with the money of investors and this is not a new issue.
We can see that blockchain industry is growing continuously and a lot of investors are getting interested. They are becoming aware of the advantages of cryptocurrency and want to convert some of their savings into crypto assets. However I think investing on crypto is not that easy as it sounds. There are lot of risk involve in the process. Would you guys want to share what risks or difficulties investors may have to face while investing on cryptocurrency ?
Investing in crypto currency is not so simple, it's a new market and it needs to be studied. It was easy to invest when everything was growing, but now, the most difficult thing is to keep the profit that you got.
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