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Author Topic: What have been your most challenging aspect in your cryptocurrency journey  (Read 298 times)
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Asiska02
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April 12, 2025, 10:25:14 PM
 #21

I don't know how to start up this topic, but I will just start anyway, the thing that motivated this topic is how hard it is for me to understand some aspects and areas in this whole cryptocurrency journey most times it is technical aspects but some extent I have trading challenges too, but with help from those that have more experience I have been able to learn at least a few and getting along.
So I would like to ask you, which aspect of topic areas gives your challenges most, someone may be willing to give you a clear explanation of such topics so let go.

The technical aspect indeed was a place I found interest in my early days in the forum but I found it hard to navigate and understand it. Sometimes I feel I’m not given it my best time but sometime I feel I can still be in this crypto space without necessarily knowing all but knowing the basics will drive me a long way in my journey in the crypto space. I decided to let it be when some people I look up to in the forum are not also good at that aspect and still doing well here, so I just let it be since then. Trading has also been an he’ll to really grasp and become very good at it but in it, there is development and that is the genesis of been encouraged to do more. I won’t say I’m good at it but learning makes perfect and that’s what I’m banking on that aspect for now.

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April 13, 2025, 07:29:44 AM
 #22

I don't know how to start up this topic, but I will just start anyway, the thing that motivated this topic is how hard it is for me to understand some aspects and areas in this whole cryptocurrency journey most times it is technical aspects but some extent I have trading challenges too, but with help from those that have more experience I have been able to learn at least a few and getting along.
So I would like to ask you, which aspect of topic areas gives your challenges most, someone may be willing to give you a clear explanation of such topics so let go.
The journey hasn't been easy at all, I have difficulty understanding the technical side of the cryptocurrency space but I've been able to get through the basic information and I get to do and know a few things by myself. But I'm not a trader because it could have been hard for me navigating through the inflation and deflation of cryptocurrency, the other challenging aspect of being in this space is getting my emotions together every time the market falls and I see my investments fall with it.
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April 13, 2025, 08:31:22 PM
 #23

I don't know how to start up this topic, but I will just start anyway, the thing that motivated this topic is how hard it is for me to understand some aspects and areas in this whole cryptocurrency journey most times it is technical aspects but some extent I have trading challenges too, but with help from those that have more experience I have been able to learn at least a few and getting along.
So I would like to ask you, which aspect of topic areas gives your challenges most, someone may be willing to give you a clear explanation of such topics so let go.
The journey hasn't been easy at all, I have difficulty understanding the technical side of the cryptocurrency space but I've been able to get through the basic information and I get to do and know a few things by myself. But I'm not a trader because it could have been hard for me navigating through the inflation and deflation of cryptocurrency, the other challenging aspect of being in this space is getting my emotions together every time the market falls and I see my investments fall with it.
before creating this thread, I know that majority of the challenges that most of us Nigerian forum users have were the technical aspects of cryptocurrency and to say that we are from this side of the world where technology is somehow underdeveloped and encouraged technical aspects of cryptocurrency will be a big fight for us, in fact the government is not even helping matters in that direction of development and technical enabling environment for us.

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April 13, 2025, 08:44:53 PM
 #24

Back then I used to think that understanding the technical aspects of crypto was something very necessary, until I got to understand that I didn't actually need them that much. What ever investors should know is how to buy and sell the market then understand how to properly store their funds to avoid hacks or losses in any away.
You need to know some technical aspects like how to use wallet and how to avoid malware. But going deeper into the technical aspect is not necessary.

Did you know that transaction can be a problem to some people but which is simple if you understand the beginner technical aspect of it.

Transaction in bitcoin may look amongst one of the basis and simplest thing you can do with bitcoin but some people don’t know about it because of the little technical knowledge involved in it which needs to be studied well to be able to understand this aspect the more.

I don’t really fancy the technical aspect also because I found it hard and no matter how I try to get myself better at it, I get confused. I would say I’ve known some basis of the technical aspect which is helpful to me in my bitcoin journey. You don’t need to know all but knowing the basis of each aspect of bitcoin is important.

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April 13, 2025, 09:21:16 PM
 #25

I don't know how to start up this topic, but I will just start anyway, the thing that motivated this topic is how hard it is for me to understand some aspects and areas in this whole cryptocurrency journey most times it is technical aspects but some extent I have trading challenges too, but with help from those that have more experience I have been able to learn at least a few and getting along.
So I would like to ask you, which aspect of topic areas gives your challenges most, someone may be willing to give you a clear explanation of such topics so let go.
I aspect of crypto wey Dey give me hard time for crypto na money. I don’t really trade, I no really get much time to Dey monitor the market, and I no really ready for the risk wey Dey trading, so instead of me trading, I Dey always prefer make I buy and hold coin, but for the strategy wey I Dey use, the greatest challenge wey I Dey face na money  Grin.

Coins Dey wey I wan buy, like d other Dey wey bitcoin dump, I just Dey online Dey look how bitcoin Dey crash, and when e start to Dey bounce back, I still Dey online Dey look, but I no get money to buy, and I no fit risk money wey I Dey use chop by coin, e no really make sense like that. I no really get any serious challenge than financial challenge.

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April 13, 2025, 10:10:25 PM
 #26

I don't know how to start up this topic, but I will just start anyway, the thing that motivated this topic is how hard it is for me to understand some aspects and areas in this whole cryptocurrency journey most times it is technical aspects but some extent I have trading challenges too, but with help from those that have more experience I have been able to learn at least a few and getting along.
So I would like to ask you, which aspect of topic areas gives your challenges most, someone may be willing to give you a clear explanation of such topics so let go.
The journey hasn't been easy at all, I have difficulty understanding the technical side of the cryptocurrency space but I've been able to get through the basic information and I get to do and know a few things by myself. But I'm not a trader because it could have been hard for me navigating through the inflation and deflation of cryptocurrency, the other challenging aspect of being in this space is getting my emotions together every time the market falls and I see my investments fall with it.
before creating this thread, I know that majority of the challenges that most of us Nigerian forum users have were the technical aspects of cryptocurrency and to say that we are from this side of the world where technology is somehow underdeveloped and encouraged technical aspects of cryptocurrency will be a big fight for us, in fact the government is not even helping matters in that direction of development and technical enabling environment for us.
Obviously as a local board we're really not that versatile with the technical developments aspect of bitcoin technology as we do with others aspects and somehow we can blame that to the country we find ourselves where these knowledge aren't accessible as the theoretical.

But bringing it down to within us in the forum I know there are members in the local board that are astute and familiar with the technical aspects, how much efforts do they put in raising discussions of such nature to encourage and build others members interest and knowledge in that aspect. Because someone in the general board may not take time and be careful enough to explain those terms and their registers as a local board member can easily coin in our local pidgin for simple understanding. Lets think about this guys.

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April 14, 2025, 08:06:07 AM
Merited by #Greatest (1)
 #27

I don't know how to start up this topic, but I will just start anyway, the thing that motivated this topic is how hard it is for me to understand some aspects and areas in this whole cryptocurrency journey most times it is technical aspects but some extent I have trading challenges too, but with help from those that have more experience I have been able to learn at least a few and getting along.
So I would like to ask you, which aspect of topic areas gives your challenges most, someone may be willing to give you a clear explanation of such topics so let go.

The technical aspect indeed was a place I found interest in my early days in the forum but I found it hard to navigate and understand it. Sometimes I feel I’m not given it my best time but sometime I feel I can still be in this crypto space without necessarily knowing all but knowing the basics will drive me a long way in my journey in the crypto space. I decided to let it be when some people I look up to in the forum are not also good at that aspect and still doing well here, so I just let it be since then. Trading has also been an he’ll to really grasp and become very good at it but in it, there is development and that is the genesis of been encouraged to do more. I won’t say I’m good at it but learning makes perfect and that’s what I’m banking on that aspect for now.
Well this crypto journey have not been easy entirely, when I stated my journey new, I used to find it very difficult to watch my crypto because I was also engaged with some other projects I was handling, as time goes on I had to create time frame for it. As times goes by I was quite confuse with the technical aspects of crypto like the transaction aspect which may look very easy but it’s one of the most technical aspects of crypto. You just have to be careful with the transaction aspect using the wallets as well.
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April 15, 2025, 06:25:35 AM
 #28

I don't know how to start up this topic, but I will just start anyway, the thing that motivated this topic is how hard it is for me to understand some aspects and areas in this whole cryptocurrency journey most times it is technical aspects but some extent I have trading challenges too, but with help from those that have more experience I have been able to learn at least a few and getting along.
So I would like to ask you, which aspect of topic areas gives your challenges most, someone may be willing to give you a clear explanation of such topics so let go.

The technical aspect indeed was a place I found interest in my early days in the forum but I found it hard to navigate and understand it. Sometimes I feel I’m not given it my best time but sometime I feel I can still be in this crypto space without necessarily knowing all but knowing the basics will drive me a long way in my journey in the crypto space. I decided to let it be when some people I look up to in the forum are not also good at that aspect and still doing well here, so I just let it be since then. Trading has also been an he’ll to really grasp and become very good at it but in it, there is development and that is the genesis of been encouraged to do more. I won’t say I’m good at it but learning makes perfect and that’s what I’m banking on that aspect for now.
Well this crypto journey have not been easy entirely, when I stated my journey new, I used to find it very difficult to watch my crypto because I was also engaged with some other projects I was handling, as time goes on I had to create time frame for it. As times goes by I was quite confuse with the technical aspects of crypto like the transaction aspect which may look very easy but it’s one of the most technical aspects of crypto. You just have to be careful with the transaction aspect using the wallets as well.

This is exactly my struggles now so seeing you say this is really something because am a very busy person although am very curious to learn and have full knowledge about crypto as a whole because of the vast knowledge and opportunity in this field now and also because I have seen how it's gonna be in the future but so many other things are stucked with me now as I will need to meet ends need first.
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April 20, 2025, 07:57:22 PM
 #29

I don't know how to start up this topic, but I will just start anyway, the thing that motivated this topic is how hard it is for me to understand some aspects and areas in this whole cryptocurrency journey most times it is technical aspects but some extent I have trading challenges too, but with help from those that have more experience I have been able to learn at least a few and getting along.
So I would like to ask you, which aspect of topic areas gives your challenges most, someone may be willing to give you a clear explanation of such topics so let go.

The technical aspect indeed was a place I found interest in my early days in the forum but I found it hard to navigate and understand it. Sometimes I feel I’m not given it my best time but sometime I feel I can still be in this crypto space without necessarily knowing all but knowing the basics will drive me a long way in my journey in the crypto space. I decided to let it be when some people I look up to in the forum are not also good at that aspect and still doing well here, so I just let it be since then. Trading has also been an he’ll to really grasp and become very good at it but in it, there is development and that is the genesis of been encouraged to do more. I won’t say I’m good at it but learning makes perfect and that’s what I’m banking on that aspect for now.
Well this crypto journey have not been easy entirely, when I stated my journey new, I used to find it very difficult to watch my crypto because I was also engaged with some other projects I was handling, as time goes on I had to create time frame for it. As times goes by I was quite confuse with the technical aspects of crypto like the transaction aspect which may look very easy but it’s one of the most technical aspects of crypto. You just have to be careful with the transaction aspect using the wallets as well.

This is exactly my struggles now so seeing you say this is really something because am a very busy person although am very curious to learn and have full knowledge about crypto as a whole because of the vast knowledge and opportunity in this field now and also because I have seen how it's gonna be in the future but so many other things are stucked with me now as I will need to meet ends need first.

One thing you suppose know be say  cryptocurrency dey very broad and somehow complex most especially the trading aspect of it and if you are a busy person it will really take you time to understand and you can not even do well. If you wan really go into trading you go gats dedicate your time for am else you no go fit do anything ooo and if na future trading you wan do, you go need dey on market 247 to watch and monitor your trade but if na investment side you wan go kwa, you no go need to dey monitor your investment because already na long term something but all you need to dey do na to just dey come invest depending on the method you choose but the DAC method na en be the best of them all.

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April 21, 2025, 05:38:55 PM
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One thing you suppose know be say  cryptocurrency dey very broad and somehow complex most especially the trading aspect of it and if you are a busy person it will really take you time to understand and you can not even do well. If you wan really go into trading you go gats dedicate your time for am else you no go fit do anything ooo and if na future trading you wan do, you go need dey on market 247 to watch and monitor your trade but if na investment side you wan go kwa, you no go need to dey monitor your investment because already na long term something but all you need to dey do na to just dey come invest depending on the method you choose but the DAC method na en be the best of them all.
Trading aspects of cryptocurrency is what gave me the highest fear at the earliest time, in fact, because of my Early losses in trading, I was forced to avoid trading for a long period and when I resumed back to trading, I always had this fear that I have no technical knowledge to do the right analysis that will make my opened position end in profits, this has always been my fear each and every time until I build the right knowledge and strategy, with strong discipline not to over trade or allow my greed to get the better side of me.

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