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Topic: What are the general issues/problems do traders or investors usually face during - page 4. (Read 1015 times)

legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
What I face the most frequently has always been the sudden moves when I least expect it. I am not a person who does million things after buying a coin, if I bought it that's it, I will wait until I made some profits and leave it there meanwhile. No stop loss, no sell order, no buy order, no nothing major, just go on and buy it and just be done with it, of course that is not how it works most of the time, you have to take care of it and be there for it because suddenly it could change upside down and you will be losing ton of money because of it.

I have tried using bots for these causes but honestly none of them really does any justice to your trading mentality, a bot can trade better than me, however no bot can trade the way I exactly want, just can trade in its own personal way.
sr. member
Activity: 2282
Merit: 470
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A new year and new hope of adopting blockchain and cryptos around the world. Millions of traders or investors are on this Digital Asset Market already.

A good number of people are coming on this market everyday. What are the challenges, regular issues or problems for the traders or investors during investing? Security, High Risk, Scammers, Hackers etc. can be the problems. What do you think?
Well depends on where they did invest probably if its during ICO or IEO it would probably in a high risk (still depends on the the project) most project you can find are probably scam or let's say it's a worthless project and if they might hit an exchange however there would be no volume at all.

In regards with traders one of the challenges is the security on which platform you are trading since we all know that the trading sites are the most common target of the hackers second thing is the adaptation of the cryptocurrency to a certain country if a the country on where you're living is non-crypto friendly then it would  be a big challenge for the investor or the trader itself to use his/her cryptocurrency due to this kind of implementation to a certain country.

Anywhere you go or whatever kind of business you're up to there's always a risk and sometimes you really need to take risks in order for you to gain profit.
sr. member
Activity: 1400
Merit: 269
For newbies in cryptocurrency they might find bitcoin unusual cause the price is very active and it tends to go an uptrend in some days but goes in a downtrend after that. If you get to emotional and start chasing losses you'll be trap in those situations where you're always losing more than gaining.
Aside from the volatile market they should also be aware of Hackers/Scammers.
hero member
Activity: 1400
Merit: 623
Greed is the first thing that came in my mind after reading the title of this thread. Despite having a decent amount of experience and information regarding to the market situation, the traders and investors are still struggling with greediness. Greediness is the purpose why they lose money because they tend to look for more profit even their take profit target is already at reach.
When we trade, we shouldn't try to eliminate or lessen our greed as it will not give any value in to our investment. It will ruin our plans and can lead us to regret investing in it. It is good to set goals and set our mind that our plan is to only till that amount to lessen the risk. We will be able to do it once we experience a tremendous lost.
sr. member
Activity: 1204
Merit: 270
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Generally, traders or investors face many problems as a result of being less focused on their work We all have to be careful when it comes to working. There are many business people who lose their money if they choose not to invest That's why we all have to work diligently and carefully to protect ourselves from scams.
newbie
Activity: 21
Merit: 0
Because of course all transactions are risky, it just depends on what we want to choose. Investors are often overconfident in their knowledge and experience and pay little attention to the diversification of their portfolios to minimize the risk of strengthening market monitoring to identify psychological trends. complicated movements are likely to cause bad happenings in financial markets
The impact of psychological factors is always very complicated,
sr. member
Activity: 742
Merit: 397
Greed is the first thing that came in my mind after reading the title of this thread. Despite having a decent amount of experience and information regarding to the market situation, the traders and investors are still struggling with greediness. Greediness is the purpose why they lose money because they tend to look for more profit even their take profit target is already at reach.
newbie
Activity: 21
Merit: 0
It is understandable that investors (investors) are those who carry out investment activities in different market segments, in different forms to gain the expected benefits. Investors include both institutional investors and individual investors. In each economy, investors play a very important role because they are exploring opportunities for investment in the economy, helping to supplement resources for development investment, thereby helping boost the economy - developed society.
Psychology of investors in the financial market is a reflection of the attitude of investors before the movements of the financial market. Any movements of the financial market have an immediate impact on the psychological movements of investors.
full member
Activity: 1330
Merit: 147
As long as we have known this field correctly then we can avoid the risk that will be faced especially for ouselves. You know trading is risky way to earn money then you'll find first its knowledge first before you start to spend money.

Also, when yon have known that this industry is really vurlnarable with scam, hack and etc then you'll find first how to avoid these things because there are many ways to avoid them. My point is, before you take any decision then the first thing that you must know is the knowledge of it and I'm sure you will  be spared from any negative form that you always thinking.
hero member
Activity: 2912
Merit: 556
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I think security is the top issue. I mean this from a couple of perspectives. For one thing, you need to make sure that your private key is stored safely so that no one can find it but also so that you can retrieve it.

Secondly, you need to use either a paper wallet or hardware wallet to store your coins for long term.

Security will depend on the exchange itself. If they can protect their site from any attacking, and they can prevent the attacking, then the exchange doesn't have to worry about that. I am sure the exchange will securing their site from the hacker, and they will do their best to protect the member's account. The hardware wallet will be our responsibilities because if we cannot give protection to that hardware, then our assets will be stolen by people who know about our assets. All in all, we need to protect our assets in exchange or private wallets, so we can minimize the chance of being hacked by hackers.
sr. member
Activity: 378
Merit: 250
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I think security is the top issue. I mean this from a couple of perspectives. For one thing, you need to make sure that your private key is stored safely so that no one can find it but also so that you can retrieve it.

Secondly, you need to use either a paper wallet or hardware wallet to store your coins for long term.
hero member
Activity: 3066
Merit: 536
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usually the main problem is how to not fall into putting money for those shitcoin so we won't be losing our money because today there are too many coins that are created out of thin air and the developer just exist for the money and will soon running away. the second problem is how vulnerable some exchanges are against hacker that our  money is not safe if kept on the exchange for too long, I think that 2 problem is the primary problem right now .
sr. member
Activity: 1988
Merit: 275
A new year and new hope of adopting blockchain and cryptos around the world. Millions of traders or investors are on this Digital Asset Market already.

A good number of people are coming on this market everyday. What are the challenges, regular issues or problems for the traders or investors during investing? Security, High Risk, Scammers, Hackers etc. can be the problems. What do you think?
The main problem they face is the ignorance and unawareness, many traders do not get their targeted success of because of these issues and in the result they get disappointed and leave the trading while those who have the knowledge and awareness about trade they do not lose they rade, they do not face any security issue, any risk and none of the scammer can scam him.

Very right! Traders should inform themselves before plunging to the unknown. You need a weapon before the battle begins, right? So if you are an aspiring crypto trader, you need to observe and learn a lot before starting any trade. But you can apply some of your learnings by using small amount of money, which is like a disposable money to you. Crypto trading has a lot of differences as compared to stocks trading. Since the volatility of the price is very common, you need to study the alts that you want to get involved with. Many are disappointed in crypto, because a lot of them have the perception that they can easily get rich but the reality, it's not.
hero member
Activity: 1470
Merit: 509
A new year and new hope of adopting blockchain and cryptos around the world. Millions of traders or investors are on this Digital Asset Market already.

A good number of people are coming on this market everyday. What are the challenges, regular issues or problems for the traders or investors during investing? Security, High Risk, Scammers, Hackers etc. can be the problems. What do you think?
Decentralized system may have such deficiencies. For me, the biggest problem is that newcomers want to trade directly, and this often results in regret. Most of the newbies who have heard about the crypto market think that they will earn millions and become rich without doing anything. But do not doubt that the result will be better if they fully understand it and use their knowledge in the right direction.
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
A new year and new hope of adopting blockchain and cryptos around the world. Millions of traders or investors are on this Digital Asset Market already.

A good number of people are coming on this market everyday. What are the challenges, regular issues or problems for the traders or investors during investing? Security, High Risk, Scammers, Hackers etc. can be the problems. What do you think?

For me, high risk is not a problem in every trader, because of course all trades have risks, it depends only on what we want to choose. The main problem now is security, hacking, scam, well that is the big problem now. If we look back 2 years, the condition of crypto is declining so fast, and this is caused by various aspects indeed but the biggest aspects are on the 3 things above.

Yeah high risk is not a problem since it is a twin of tradings since we got a huge chances to lose for single wrong movement we do and to avoid such losses or maybe to minimize it maybe it's best to select the best platform to trade and learn the possible best entries together with chart reading since for this doings or methods we can minimize the risk to lose our money, History is really helpful and we can use that to gather data and to win in the present time.

High risk is just a small part in trading but the big factors are those barriers that causes harm in trading. You're right, scammers, hackers, wrong addresses are the main reason why there are traders who suffers from huge losses in their accounts and that's what we should focused on before anything else. We should become more secured and safe first before we make a transactions with some other people. Much better if we know more first the other account before making a trade.
hero member
Activity: 1022
Merit: 521
A new year and new hope of adopting blockchain and cryptos around the world. Millions of traders or investors are on this Digital Asset Market already.

A good number of people are coming on this market everyday. What are the challenges, regular issues or problems for the traders or investors during investing? Security, High Risk, Scammers, Hackers etc. can be the problems. What do you think?
The main problem they face is the ignorance and unawareness, many traders do not get their targeted success of because of these issues and in the result they get disappointed and leave the trading while those who have the knowledge and awareness about trade they do not lose they rade, they do not face any security issue, any risk and none of the scammer can scam him.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
The most common problem beginner investors face when investing in cryptocurrencies is the lack of trust in the particular coin.
Most of them are unsure of their investments and just invest in any coin to get higher returns which often results in losses.
Finding a good exchange to start trading with is another problem that investors face in the beginning days.
hero member
Activity: 1694
Merit: 691
Vave.com - Crypto Casino
A new year and new hope of adopting blockchain and cryptos around the world. Millions of traders or investors are on this Digital Asset Market already.

A good number of people are coming on this market everyday. What are the challenges, regular issues or problems for the traders or investors during investing? Security, High Risk, Scammers, Hackers etc. can be the problems. What do you think?
Scammers and hackers usually made people afraid to store their money in exchanges. Maybe it has correlation about security. My hope maybe some big exchanges not get attacked and make their security stronger or maybe data of the users is not easily leaked like what in news that Poloniex user data leaked. So people can trade very confidently and not afraid about lose their assets because of hacked.
legendary
Activity: 2100
Merit: 1058
I usually have the trouble of putting money into crypto but keep needing it more and more with horrible inflation and other stuff. I mean I personally want to keep saving more and more bitcoin but it just doesn't happen, I need to make more money to be able to save more money but even if I make more money than I spend more money.

So, I end up cashing out with even the slightest profits to spend that as well. No trading, feeling of missing out, no dropping of price, no scams, no hacks, nothing scares me as much as inflation. You may make as much profit from trading as you want but in the end if you don't making even more and more there is no way the money you have will be enough. I just want to have 1 bitcoin, that's it, and that looks as impossible as it was 2 years ago.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
Scams are surprisingly a huge problem for a lot of people new to cryptocurrency in general, not just with traders or investors. Most people don't seem to think enough about where their money's going or notice common red flags that signal something's a scam in crypto, but to be fair most people on these forums have been using or interacting with cryptocurrencies in one way or another for years. Scams have become more and more complex recently as well, which certainly doesn't help, but the most we can do around here is noting and discussing common scams and alerting new people about 'em.

Scams are a problem financially. We are talking about money here, it is not about crypto. Once you talk money, people get greedy and then especially when blinded by Bitcoin headlines of people making millions and 1000% in so and so days, what do you expect? People just forget reality and enter fantasy.

Bitcoin is also poorly misunderstood so it will be years before people understand.
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