What is the Biggest problem you have with trading / exchanging?

[carriebee]

I'm curious if other people are having similar challenges. But,
what is your BIGGEST problem with trading crypto coins and exchanging overall?

Your feedback would be appreciated.

The problem that I usually have when I am trading is that I usually loose it when coming to timing. Say I buy now at a higher value and a few hours/days the values of the coins I bought crashes. Imagine, If I should have waited until then, I would bought at a cheaper value. However, it happens once after a while, trying to build up on that. Hopefully, they will recover, that is how the market goes.

The biggest problem I experience so far in trading is I often become a panic seller. I place an order and set to sell directly that resulting to lose money. I also experience this my timing is not good when buying the coins and sold it in the price that Im not earning yet. Hope I can learn this in the future to master these things.

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[Dreamchaser21]

Well so far i dont have any problem with the trading site, i just have my problem on my self when i do trading i usually trade with emotion which not good for a trader, well the good thing is i over come it already.

[--DarkSecrets--]

I'm curious if other people are having similar challenges. But,
what is your BIGGEST problem with trading crypto coins and exchanging overall?

Your feedback would be appreciated.

The problem that I usually have when I am trading is that I usually loose it when coming to timing. Say I buy now at a higher value and a few hours/days the values of the coins I bought crashes. Imagine, If I should have waited until then, I would bought at a cheaper value. However, it happens once after a while, trying to build up on that. Hopefully, they will recover, that is how the market goes.

The biggest problem I experience so far in trading is I often become a panic seller. I place an order and set to sell directly that resulting to lose money. I also experience this my timing is not good when buying the coins and sold it in the price that Im not earning yet. Hope I can learn this in the future to master these things.

It happens also to me when i am looking and monitoring the trading chart with a volatile market i used to panic sell but its okay that i've sold my coins in profit and leave the trade. I think to overcome this kind of thinking and activity is don't monitor the volatility if you can't go follow it. because it maybe the wrong entrance that our mind panics.

[Misshi]

I'm curious if other people are having similar challenges. But,
what is your BIGGEST problem with trading crypto coins and exchanging overall?

Your feedback would be appreciated.

Overall, with my 1 month in trading and investing. The biggest problem that I experienced as of now is the time of ghost month. I can't barely imagine the situation. I thought I am already wrecked. 'Coz my portfolio is covered with red numbers. Oh God! My coins were so dump, I don't know what to do. I want to panic and sell all my coins even at loss. Thank you to my friend who told me to stay calm. And all will be going well. I think in trading its normal that all coins even bitcoin will dump so hard then all of a sudden will pump.

[monsblanc]

One common problem are the whales manipulating the market through large buy/sell walls, then pulling off at a moments notice. This really puts you off timing.

[StarofBTC]

the biggest problem is too many coin. So Hard to follow information of many coin.

You are very much right. I think you can only be good at trading if you have good IQ and that you can manage the things well. This is what trading is all about, you need to have information of what all is going around in the international market. If having information of so many coins seems difficult to you then reduce the number of coins.

There's a need to masters it. Sometimes having knowledge is not enough to fully earn on it. So better work on studying it and trying different strategies that will make you more successful.

You are right. There are many problems which you need to face on daily basis as being trader. You can only face those problems if you have enough knowledge and a sharp mind to make the correct decision at the time when you need to make decision. I think decision taking is something which any trader should focus the most.

[Tungsten-1]

I think the biggest problem is it is very hard to predict if the coin will rise up or go down. Prediction is really matter. We should not fear to invest our money because I know we will gain profit by investing.

Yes, indeed! prediction is something which matters a lot but the thing is you can never predict exactly what will happen in the future. I think most of the people fail in trading because of the reason that they lose control over their emotions and get panic most of the time. This is something which suffers them most.

[ngacengan]

I'm curious if other people are having similar challenges. But,
what is your BIGGEST problem with trading crypto coins and exchanging overall?

Your feedback would be appreciated.

my problem when trading crypo coins is when buying and selling and when doing coin delivery to another market, buy and sell sometimes I get stuck at a very high price, while in the process of sending I often experience pending send a very long time.

[mriansa]

my biggest problem when I buy a coin at a high price and suddenly plunge down, and the biggest problem when the market gets hacked and causes the user balance to decrease.

[naidray]

I think my biggest problem with trading is I am really a panic seller,
And because of that I have lost a lot of money .

If you are a panic seller, then you shouldn't be trading at all. The only thing that will make you sell out of panic is if you did not actually plan your trade before buying in. So many people like you try to quickly buy when a coin's value is rising which is a very bad move.
The best time to buy safely is when you have compared the market with previous chart and you know the dip position you are buying from will definitely pick up some profits for you no matter what.

[bohr]

The exchange fees, they add up fast!

Well though i also would want to have this issue looked into.by exchanges, i think it's also necessary sometimes especially when the price of bitcoin shoots up very high. Exchanges base their fees probably on how they deem it fit to make the platform work better and faster

The fees are there for two reasons, one is to obtain profits I think that is very obvious but it needs to be stated, however the second reason an exchange needs to have fees is because if there was an exchange without fees then a bunch bots could be used to fake volume all day, this is something that a lot of people have complained in the past especially about Chinese Exchanges.

[Irdina]

I have a lot of problems with altcoin trading.
I often get stuck because buy when the price is expensive and the price back down.
It takes extra patience in trading,I often get the wrong info, there are people who provide information altcoin,
And after I bought it, the altcoin did not pump.

[akuser]

Reading chart and price prediction are the biggest problem.

same as happened with me.
it is the hardest thing and I try to learn by reading some guides.
it does not help and I still find it difficult.
one of the most difficult things is to control your emotions and patience.

[traderethereum]

Reading chart and price prediction are the biggest problem.

same as happened with me.
it is the hardest thing and I try to learn by reading some guides.
it does not help and I still find it difficult.
one of the most difficult things is to control your emotions and patience.

sometimes i am having a problem to analyze the cart and price and the last time i missed the price is when the thc is increase. i am selling at 0.00000450 satoshi but the price is going to go up until 0.00000585 satoshi. actually my feeling says that the price will more than 0.00000550 satoshi but i am not following my feeling and i only sell at that price.

[el kaka22]

I'm curious if other people are having similar challenges. But,
what is your BIGGEST problem with trading crypto coins and exchanging overall?

Your feedback would be appreciated.

The biggest problem that I'm experiencing in crypto trading is I'm becoming greedy. I usually not sell when I see the price pumping and that's making me miss a lot of profit. Because I don't have an idea on when it's going to pump and dump and if I sell sometimes it's already late but that is before and now no more regrets, profits is profit upon selling.

Greed is a huge sin in trading and I am sure you must have learnt your lessons by now. Have a set target for yourself and act like a Pro when you are trading. Even if you sell, and the price goes higher, forget it and know that at least you achieved your target and go out to look for another market to buy into.

Except you are sure you have a coin which is being pumped, then you should not wait for the highest value before selling cause you may end up missing that point and having to wait for another few hours or days again before you hit that.

[bohr]

I'm curious if other people are having similar challenges. But,
what is your BIGGEST problem with trading crypto coins and exchanging overall?

Your feedback would be appreciated.

The problem that I usually have when I am trading is that I usually loose it when coming to timing. Say I buy now at a higher value and a few hours/days the values of the coins I bought crashes. Imagine, If I should have waited until then, I would bought at a cheaper value. However, it happens once after a while, trying to build up on that. Hopefully, they will recover, that is how the market goes.

But that is not really an issue with the exchange that is an issue with your trading technique and knowledge if you have noticed that happens to you many times then the only thing you can do is to stop trading and try to correct that mistake, see what you can do to overcome it and once you have done so you are going to become an even better trader and your profits will go up.

[saeyeen]

I am using bittrex as a trading platform and so far I haven't encounter any problem and I hope will never encounter one. I've read here though that Poloniex is having issues with the withdrawal and also the lagging issues that is why I never use this exchange.

[bohr]

I have a lot of problems with altcoin trading.
I often get stuck because buy when the price is expensive and the price back down.
It takes extra patience in trading,I often get the wrong info, there are people who provide information altcoin,
And after I bought it, the altcoin did not pump.

That is really your mistake, you should not rely on some other people signals that is the fast way of losing all your money, it is going to take time but the best way to develop your trading skills is by taking the slow route, learn from a few books, watch some videos and start trading with fake money until you are able to get most of your trades right.

[BobBct]

Of course it is the fees because even in a small quantity it's still big and i hate when i see a bearish candle and a very big one but it's 100% normal in trading/.