What's your number one struggle in making money with Cryptocurrencies? - page 2.

awazieik

full member

Activity: 448

Merit: 100

Quote from: Nanoid on January 09, 2018, 09:05:08 AM

What are you struggling with? What are the painpoints or what makes you fail at making money with cryptocurrencies? Huh

Just like everyone else and even a newbie like me, the first pain would be the crazy price fluctuations of the coins. It can make any newbie lose money instantly

drogas

newbie

Activity: 168

Merit: 0

Quote from: cryptocue on January 09, 2018, 09:21:06 AM

If you are newbie who doesnt have enough money for trading you will struggle a lot thats why you need to start in bounty hunting for the free money.

Speaking of bounties, is there a website you use to look them up / how do you decide between the good ones and if it's worth doing? Thanks!

randythered

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Activity: 434

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Quote from: Nanoid on January 09, 2018, 09:05:08 AM

What are you struggling with? What are the painpoints or what makes you fail at making money with cryptocurrencies? Huh

It's a bit of a misleading question because it implies losing money and I feel that most will be making money in cryptocurrencies, so I'll answer more as to how I don't make as much as I feel I could. The biggest difficulty I have in that is in always trying to do one more trade even when I can sense the market is starting to move away from where I want it to be. It often leaves me having to wait for things to recover longer than I'd like to.

Bitmedrano040117

sr. member

Activity: 462

Merit: 251

Quote from: Nanoid on January 09, 2018, 09:05:08 AM

What are you struggling with? What are the painpoints or what makes you fail at making money with cryptocurrencies? Huh

less money holdings, i came into this with a financial problem after a month of joining this forum and having the signature campaign,
well i have money before that good for a month but it took me 3 months to have money with this and as we know low member rank are not good to have great salary. i sell my tokens at low price and didnt wait for the market to hit on top now all my tokens are gone and it is now 10-50x higher than before.

LodisMcguire

sr. member

Activity: 546

Merit: 261

Of course the number one struggle is the feeling of regret when you're selling too early.Imagining the profit that you would make if you sell it later in time.But before long you will get used to it and overcome that feeling,now we encounter the second struggle which is the way to earn aside from trading,many of us try to join some bounty campaign and either end up in useless coin or the project turned to be scam.

germa66

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Activity: 168

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Quote from: Nanoid on January 09, 2018, 09:05:08 AM

What are you struggling with? What are the painpoints or what makes you fail at making money with cryptocurrencies? Huh

I prefer to trade because it can provide huge benefits but I do not recommend it for beginners because trading requires patience and skill.

felipe04

full member

Activity: 308

Merit: 100

OP in gambling and in trading also because i lose some money from when i'm newbie,I think we need always to try anything here to learn about that but we need to lose also some money for doing that actually i also experience losing in mining in telegram because i also do invest there so that's a lot of struggle for making money here,Moreover it can still give so much conveniece in any users even we have some problem here and i think the volatile price of it have good and bad for making money also.

Danica22

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Free crypto every day here: discord.gg/pXB9nuZ

Quote from: Nanoid on January 09, 2018, 09:05:08 AM

What are you struggling with? What are the painpoints or what makes you fail at making money with cryptocurrencies? Huh

Our daily needs sometimes I need to sell my long time holding coin in order to buy a food, pay bills and other goods that we need... Even though I dont what to sell this coin... I hope one day before I sell my coins its enough price just not to regret...

nancysingh

newbie

Activity: 2

Merit: 0

i am from india and india right now is in developing stage of cryptocurriencies so we have no law or regulation body who govern it and due to that government charges 30 percent of income when i withdraw from bank...and also other unnecessary transaction fees...withdrawing money in real world is a struggle for me....hope my government comes up with some solution soon

max6575

full member

Activity: 1176

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Vave.com

the work with the customs as moderating use of release with the developers reference on regulation with the company, to gives as might to work on following decision to appeals with execution of order with the trading plan.

CoinCollector006

sr. member

Activity: 350

Merit: 251

Several things 1) volatility, 2) scams and 3) taxes

1. The out of control volatility of crypto even for established projects, sometimes your coin goes down 50% right after you buy it, before you are able to make a profit in the long run.
2. There are an overwhelming number of scams in crypto, if you are an active investor in small coins its almost inevitable that you will fall into one, it takes experience to separate the legitimate projects from the scams.
3. The other complication is taxes which are onerous for US residents.

coolcountry

member

Activity: 154

Merit: 11

I think the biggest struggle is trying to keep up with all the news surrounding the different coins. Some coins start falling for some reason and I don't know why, I have to go on twitter to figure out what's happening. I have no problem with patience, so I know that the falling prices will eventually stabilize, but it frustrates me very much that it's impossible to keep up with everything happening in the crypto scene.

arseaboy

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Quote from: chickenjoy on January 11, 2018, 09:56:17 PM

I think my best struggle in cryptocurrencies are to which ICO's will become good ico's and will not run away with its scammy tactics.And also high rate of transaction fees.

better to research first those ICO's before placing your money and invest, I'm not sure why do you need to have an eye with project that don't
have any good plans, it's the usage of the project that we need to look forward before dealing with ico's as time will passed and those plan will
be achieved for sure the next will price increase that follows.

Nanoid

newbie

Activity: 56

Merit: 0

Quote from: cryptolerant on January 10, 2018, 04:04:59 PM

Quote from: Nanoid on January 09, 2018, 09:05:08 AM

What are you struggling with? What are the painpoints or what makes you fail at making money with cryptocurrencies? Huh

The most I struggle is to choose a good project. Nowadays number of ICOs has been maximized and it is getting difficult every day to pick a good one from that crowd of projects. Second most difficult thing is to make technical analysis on the graph.

I agree,there's loads of ICO's to choose from,and without any previous experience it can be quite confusing to choose the right one.

chickenjoy

member

Activity: 130

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ICO Live! betterbetting.org

I think my best struggle in cryptocurrencies are to which ICO's will become good ico's and will not run away with its scammy tactics.And also high rate of transaction fees.

Nick Abimanyu

member

Activity: 406

Merit: 19

Quote from: Nanoid on January 09, 2018, 09:05:08 AM

What are you struggling with? What are the painpoints or what makes you fail at making money with cryptocurrencies? Huh

What i stand for right now?..., is to find the cheapest and best coins at https://coinmarketcap.com/ which cost below $ 1 and would be able to take me to x50.
But there's doubt in my mind with the coins of my choice. Is altcoin under $ 1 able to survive such as Ethereum, Bitcoin Cash, Dash or Monero ?....

Genovese

full member

Activity: 284

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The most difficult thing is the stress to have to decide IF and WHEN to sell a coin which has gone parabolic and IF and WHEN to perhaps cash out to FIAT. Very stressful.

_ATOmix_

member

Activity: 110

Merit: 11

Too many promising projects and market has very short attention span, very promising projects that you see now might become obsolete in months.

Nanoid

newbie

Activity: 56

Merit: 0

Quote from: borgx on January 10, 2018, 03:46:08 PM

patience is also what gets me.

Around 60% people have the same problem. No patience!

Xtra_Coin

member

Activity: 140

Merit: 10

Blockchain Identity Verification

Making money on crypto-currencies is not a bad way to make money in our time. I think that the most common difficulties people face when working with crypto-currencies is the lack of funds to start investing, as well as the lack of patience.

Topic: What's your number one struggle in making money with Cryptocurrencies? - page 2. (Read 439 times)