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Topic: What's your number one struggle in making money with Cryptocurrencies? - page 3. (Read 439 times)

full member
Activity: 574
Merit: 100
When you enter in this world you must be patience in order to earn money, so the struggle there  is you must be patience.
member
Activity: 126
Merit: 21
My number one struggle in making money with cryptocurrencies is the increasing transaction fees that service providers add when sending coins to other wallets. With the rise of transaction fees in order for you to profit on the coins you have is you have to atleast set aside 20% more of the profit goal you are expecting to cover all transaction fees until it becomes real money. Another struggle is the highly volatility in nature of these coins will be a struggle for some since you have to watch the market 24/7 if your coin is taking a dip or increasing in value. It is also a struggle on which coin to invest your money in since there are a lot of new coins emerging each single day without you knowing which is the best coin to invest your money into.
full member
Activity: 406
Merit: 104
Taxes is what I struggle with.

It's not enough that my government is taking a good chunk of my pay, they want to take a good chunk of my extra pay as well.

And to finance what? 1 litre of petrol here is €1.5 ($1.8 ). Stupid Sweden.
newbie
Activity: 56
Merit: 0
What are you struggling with? What are the painpoints or what makes you fail at making money with cryptocurrencies?  Huh

Poverty is the first and foremost.
Damn. I cannot even stress how hard it is when you do not have enough resources to work and earn crypto currencies. Let alone invest in them. Second is that i am a student and have to do crypto hunting together with working part time at night, and going to school at day. Amd force myself to have free time for sudying and hunting crypto.

Although it is as hard as fck and i barely get even 4-6hrs of sleep every day, i still ain't close to giving up. Heck, don't even think that time will come. I am toouch motivated and dedicated to give up.

I feel your pain,mate and i like how your mind works... You're failing,but at the same time you're refusing to give up.
This way of thinking will bring you abundance of everything you need in your life,if you're willing to work and invest time in it. Never give up! Smiley
full member
Activity: 224
Merit: 100
The most frustrating part in crypto is in trading, when you think you sold your tokens or invested in them in the right moment but a sudden increase or decrease in price messes everything up and you end up regretting everything you did, that is the saddest and most frustrating moment and I think you really will struggle with that.
hero member
Activity: 1414
Merit: 505
Backed.Finance
What are you struggling with? What are the painpoints or what makes you fail at making money with cryptocurrencies?  Huh

Just one thing, can't disciplines with my own strategy. Sometimes ( maybe a lot ) I change the rules in the middle of road and loss is what I get. Actually, I know what will happen if I did it, but I don't know why just happen and happen again. Some people say I don't won't to win but that's not true at all. I really want make profit with cryptocurrencies but is really hard. Until now still try and keep practice. I hope will solve soon. Thank you for your post.

I encountered this too, and indeed it gives me headache after. Also, I am struglling with managing time to spend here in  bitcointalk. Here in crypto, focus and attention is really important especially if you are on trading.
full member
Activity: 686
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
What are you struggling with? What are the painpoints or what makes you fail at making money with cryptocurrencies?  Huh

Just one thing, can't disciplines with my own strategy. Sometimes ( maybe a lot ) I change the rules in the middle of road and loss is what I get. Actually, I know what will happen if I did it, but I don't know why just happen and happen again. Some people say I don't won't to win but that's not true at all. I really want make profit with cryptocurrencies but is really hard. Until now still try and keep practice. I hope will solve soon. Thank you for your post.
full member
Activity: 588
Merit: 101
Free Crypto in Stake.com Telegram t.me/StakeCasino
What are you struggling with? What are the painpoints or what makes you fail at making money with cryptocurrencies?  Huh

Always attracted to gambling sites everytime i received my salary (bitcon&altcoins) from signature campaign and bounties. If i'm not go to gambling, i will have much coins right now and i can use it for trading and make more money with cryptocurrency.
member
Activity: 399
Merit: 16
Having enough ETH in my MEW is my number one struggle.  Gas or gwei is needed whenever I deposit, transfer or withdraw tokens from my MEW.  It is quite a joy to see that I have a free airdrop tokens with a high price value but later become desperate when I found out that I need a bigger amount of gas to trade those tokens.  Sometimes, I made a mistake of pushing a transaction and was a failure because my ETH is not enough to process it.  This mistake has eaten my ETH in my MEW.  Being a beginner trader is truly painful whenever you see that you lost your precious ETH because of GAS.
sr. member
Activity: 1582
Merit: 352
★Bitvest.io★ Play Plinko or Invest!
What are you struggling with? What are the painpoints or what makes you fail at making money with cryptocurrencies?  Huh
I am struggling with the volatility most especially  when in times I need the money and the price keeps on falling. Most of the time wrong timing, wrong decission or let us just say the struggle of emotion makes me regret in the coming days, months and years. Just like what had happened to me these past few days I am holding small amount of Bitcoin on my wallet for me to buy a new mobile phone but the price of Bitcoin goes down so I need to wait again for a bounce back because my funds for now is not enough.
full member
Activity: 336
Merit: 100
Probably greed) Often fails to lock in a profit. I think that coin will grow even further. And she goes on a pullback. And there comes a good time to buy cheaper. It turns out that I'm missing because of the greed of the possible profit
full member
Activity: 350
Merit: 100
What are you struggling with? What are the painpoints or what makes you fail at making money with cryptocurrencies?  Huh

Poverty is the first and foremost.
Damn. I cannot even stress how hard it is when you do not have enough resources to work and earn crypto currencies. Let alone invest in them. Second is that i am a student and have to do crypto hunting together with working part time at night, and going to school at day. Amd force myself to have free time for sudying and hunting crypto.

Although it is as hard as fck and i barely get even 4-6hrs of sleep every day, i still ain't close to giving up. Heck, don't even think that time will come. I am toouch motivated and dedicated to give up.
member
Activity: 112
Merit: 10
yes, patience is hardest part of making money in crypto currency market.
another thing which is stopping you from making money is FOMO (fear of missing out) this makes me buy and sell to early
full member
Activity: 630
Merit: 100
Having patience and selling too early when they pump up a few days after Angry
It is also difficult to follow all the altcoins when having a large portfolio of coins. Takes time to do the research and buy / sell at the right time.
full member
Activity: 882
Merit: 112
Your Data Belongs To You
Living with decisions in trading, when decision is made there should be no emotions because it only makes things bad.
I have learned that there will be different  bad decisions - you can sell to early or be too late.
Sometimes limit sells gives you bad emotions because you miss out on bigger gains and sometimes no setting limit sell gets you because you can miss out on any profits.

I suppose the biggest struggle is to learn from  mistakes and not take them emotionally.
full member
Activity: 210
Merit: 100
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.
newbie
Activity: 98
Merit: 0
patience is also what gets me.
member
Activity: 111
Merit: 10
Only thing that I struggle with is patience
newbie
Activity: 154
Merit: 0
'seems very amazing project for the future , maybe I can join as a team if you need , I can do as Indonesian translator especially the white paper or maybe as bounty manager.
newbie
Activity: 56
Merit: 0
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.

You're not making any sense!  Grin

EDIT: My bad,i wasn't aware of the Bounty programs before. Makes sense now! Cheesy
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