Topic: The most frustrating thing about crypto - page 14. (Read 4388 times)
I think that the most frustrating about cryptocurrencies has to be its volatility. One ,inute the prices are up, the next they are way below, and you can't help but wonder how these things happen so fast. This is even one reason why so many people are scared to be a part of the industry. They are scared that this could cost them some of their funds.
Yeah I think this is the problem and a huge problem for all traders but for this you should migrate to others exchanges so it will be very helpful to you many exchanges has paid their attention towards this problem and tried to solve this issue so you should move to other exchnagers.
And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.
Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
Indeed frustrating. I see the volatile nature of crypto as the most frustrating simply because, this volatility can make you loose almost 50% of your investment. A particular altcoin will be trading at a very good price. By the time you realize the altcoin is severely dumped to the point that, you need to pack it somewhere in your wallet without looking at it again. Very frustrating!
that is, when we invest in crypto using capital from bank loans. then when it's time to buy the bank we still don't have money. because cryptocurrency prices are down like now .
most frustrating would be watching the chat of my holdings obey the law of gravity
What frustrates me the most is that I am in need of money but the crypto currency coin price that I have is not good. I've worked on the signature campaign for about 10 weeks and I earn no more than 100 $. It was very painful for me because I felt that my efforts and my hard work were not rewarded with equal income. The income that I got was not what I expected but I needed money so I had to accept that my income was only enough to that amount. If I wait until the price is good then that is also a small possibility because the crypto currency market is collapsing and is very alarming.
It is frustrating when you want to withdraw your funds from an exchange to invest it in a promising
ICO which is offering bonus and the funds get stuck on the exchange and the customer service not replying .
I will work with you for today - a very big problem, but there are several exchanges that already solve this problem. I'll try to find them and I'll give you links.
frustrating things in crypto like now, when the red market runs for a long time. this is very frustrating and also very worrying. waiting for the green market that never comes.
Exchange and Market are the most frustrating episodes of crypto traders and investors life because of the usual volatility of all cryptocurrency. In my own experience I don't like dumpers activities it is very frustrating when you get your tokens from the bounty but you can't be able to sell because the price is very lower so the tendency is to hold and wait until the price will back again.
In my opinion, the most frustrating thing about cryptos is the lack of consistency and for being too volatile. Every sudden changes worries the investors especially during dumps or downtrends. If it would be not as volatile as what it is at this point, I do bet that many people would engage on investing into it. But we can't really do something about it because volatility is in nature of cryptos.
Sometimes, the reason behind some of these delays might not come from the exchange, it might even come from you. If you are sending with a low gas fee, the transaction is likely to be delayed. That is why whenever i want to send a coin, i always check the latest gas fee, so as to know what to use.
I was frustrated when the market value still on dump and had a long bull run which it can affect our decision because it can lead us unaggresive due to volatility in market.
Sometimes, the reason behind some of these delays might not come from the exchange, it might even come from you. If you are sending with a low gas fee, the transaction is likely to be delayed. That is why whenever i want to send a coin, i always check the latest gas fee, so as to know what to use.
the drabbest and boring for me is to wait and be patient, wait for the process of distribution of bounty tokens, or wait for a surge in the price of the coins. these things are in dire need of patience surcharge.
And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.
Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
Wow this's a very crazy wait, for me this's weird. Because since I joined the cryptocurrency, I have never experienced a queue for that long even half an hour also never. Just curious, what's the exchange site? ...
You shouldn't blame crypto for granted, in fact more suicides occur because of money, and that has happened a lot before the existence of cryptocurrency.
1. Watching your portfolio drop in price/value.
This would most likely break anyone's heart, think of crazy stuff, and end up panicking. Many of us here could not handle their emotions and so they tend to end up making the wrong decisions.
2. Delays in bounty distributions.
Many of us have been waiting for months or almost a year for bounty rewards to be paid out. Now this obviously causes frustration due to the long wait. I am actually in the same situation. Still holding on though...but starting to loose my grip bit by bit.
This would most likely break anyone's heart, think of crazy stuff, and end up panicking. Many of us here could not handle their emotions and so they tend to end up making the wrong decisions.
2. Delays in bounty distributions.
Many of us have been waiting for months or almost a year for bounty rewards to be paid out. Now this obviously causes frustration due to the long wait. I am actually in the same situation. Still holding on though...but starting to loose my grip bit by bit.
Basically it's the lose of profit! when you invested a lot of money and you'll get nothing that's the most frustrating part of this kind of job! that's only my comment but it's part of it so let's admit it's accept it. But I agree with them all.
And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.
Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
The truth is that despite the popularity of the crypto space, it is still in its infant stage and has not reached full adoption. However, in five years to come, i am positive that there will be so many options to keep and spend cryptocurrencies that Exchanges will not be the only way to store cryptos
And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.
Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
For me it is absolutely not a problem. Money comes in sooner or later, so you don't have to put so much emphasis on it. Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
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