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

[pawanjain]

The biggest problem i have with trading is SCAMCOIN. There are many altcoins out there and we wont know which one will scam us. Although its our duty to research a coin thoroughly and only then invest in it but some times i dont do that and thats why i lost my stake once when i invested in a coin called ACRN which i bought from yobit. It scammed me the next day itself and i decided from that day onwards that i ll make sure not to invest in such coins. So better do a research on a coin before investing in it.

[Bagaji]

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.

To me, I have no problem with trading in crypto currency because I know very well that trading is all about following your trading strategies. It is advisable to have a workin trading strategy and money management rule. I have a strategy that work for me in trading and i follow my money management rule so even if I make lose, at the end of the day my profit usually outweigh the lose.

[herurist]

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 biggest problem is only one, patience. I have been lost almost 40% from my money because can't control my emotion. When the price falling down, I should see graphic price chart not sell all my coins. But it's too late, after I sell it the price comes up again. This time I try to control my self-becomes patience people, hope will happen soon. Good luck.

[Paycoinzzz]

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 biggest problem is only one, patience. I have been lost almost 40% from my money because can't control my emotion. When the price falling down, I should see graphic price chart not sell all my coins. But it's too late, after I sell it the price comes up again. This time I try to control my self-becomes patience people, hope will happen soon. Good luck.

I recommend you need set stop loss limit when starting an order, it will helps you minimize loss money and create a rules when you trading, very important if you want become to professional trader

[Pfizer]

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 biggest problem is only one, patience. I have been lost almost 40% from my money because can't control my emotion. When the price falling down, I should see graphic price chart not sell all my coins. But it's too late, after I sell it the price comes up again. This time I try to control my self-becomes patience people, hope will happen soon. Good luck.

That's my main problem too when I buy a good altcoin with cheap price, I can't wait for it to be more valuable. I instantly sell it out again and get back to bitcoin.

[azguard]

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 biggest problem is only one, patience. I have been lost almost 40% from my money because can't control my emotion. When the price falling down, I should see graphic price chart not sell all my coins. But it's too late, after I sell it the price comes up again. This time I try to control my self-becomes patience people, hope will happen soon. Good luck.

That's my main problem too when I buy a good altcoin with cheap price, I can't wait for it to be more valuable. I instantly sell it out again and get back to bitcoin.

Its not just patience that is problem, also is slow response from exchanges when big money is involved, I mean on this when some coin is gain price rise all want in then when you come to this price went double or triple. This is problem with all exchanges especially with big ones.

[Fred67]

One of my main problem is that I tend to sell as soon as I see a drop. Or I buy low thinking I have a chance at a run but it drops even lower.

[harizen]

Its not just patience that is problem, also is slow response from exchanges when big money is involved, I mean on this when some coin is gain price rise all want in then when you come to this price went double or triple. This is problem with all exchanges especially with big ones.

With masses of volume and everyday request, it's hard for exchanges to deal with their customer everyday. Plus include that some of the tickets needs further investigations which will take lots of checkings and verifications.

Because there is no law about that, we don't have a choice but to deal with that. If all exchanges will be strongly be centralized I think there will be changes since goverment will now have some actions for that slow response from the exchanges. But the downside, we don't want goverment to make a role here.

[digaran]

What is it then OP your challenges? I think every body could face a similar challenge which is exchanges manipulating the markets, they have huge stakes  in every single coin that forces them into using manipulation methods to earn the most out of our pockets.

[justdimin]

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.

To me, I have no problem with trading in crypto currency because I know very well that trading is all about following your trading strategies. It is advisable to have a workin trading strategy and money management rule. I have a strategy that work for me in trading and i follow my money management rule so even if I make lose, at the end of the day my profit usually outweigh the lose.

That’s really smart, mate. I appreciate that you are taking crypto trading as a business not gambling and have devised a proper strategy for staying safe in the crypto land. Trading with bitcoins is never an issue until and unless you are having a good strategy for e.g. holding onto coins when prices are low and selling them off when prices are high. Keeping calm when prices are pumping needs some courage which usually investors lack and end up with loss.

[BobBct]

When BTC decrease ALOT by $3,000 to $200-$300.

[snowcrashed]

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.

I think the biggest problem is Command matching, when you see an order that will profit you, you will need a good command matching platform to make sure that you have profit on that tranding turn.

[Serco]

Maybe I'm not an old trader and so little experience I trade altcoin but I study everyday and read here and there to add my knowledge about being a great trader. my biggest problem is fear, the fear I often face is panic and confusion
Because every time I run out buy a few coins, the coins that I buy does not show up will tend to fall even more it makes me panic

[Osarman]

When BTC decrease ALOT by $3,000 to $200-$300.

This decrease in values should not be treated as a problem. Like a smart trader; look at it as an opportunity of buying more bitcoins.  Just keep one simple thing in mind that every dump is followed by a strong pump. This will help you to stay calm under such circumstances. Besides believe in your bitcoins. They won’t disappoint you ever.

[n691309]

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.

To me, I have no problem with trading in crypto currency because I know very well that trading is all about following your trading strategies. It is advisable to have a workin trading strategy and money management rule. I have a strategy that work for me in trading and i follow my money management rule so even if I make lose, at the end of the day my profit usually outweigh the lose.

That’s really smart, mate. I appreciate that you are taking crypto trading as a business not gambling and have devised a proper strategy for staying safe in the crypto land. Trading with bitcoins is never an issue until and unless you are having a good strategy for e.g. holding onto coins when prices are low and selling them off when prices are high. Keeping calm when prices are pumping needs some courage which usually investors lack and end up with loss.

Yes your point is right but it is not true mean to buy or earn bitcoin. The true mean is buy bitcoin by your money or you can earn it through some work. Manipulating different methods to get bitcoin is also best way to get it and one more thing is bitcoin can manipulate many currencies.

[ssb883]

These Are Troubles/Problems I have in Trading:
1. Worrying about the exchange where I keep my funds. I hope nothing bad happen. But...
2. Not really trouble but is a bit a hard part finding, researching the coins with good potential and max profit.
3. Whales that suddenly dump their coins tanking the price.
4. Noobs that get panic making the price lower.
5. High btc transaction price.
6. Slow BTC confirmation.
7. Shitty exchanges.
8. Shillers while I'm not done accumulating.
9. Traders who put big sell walls.

[YTBitcoin]

The biggest problem I had with trading crypto is when xrp/ripple was pumping and the exchange site crashed so it was so hard to put sell order and then after a couple of minutes it dumped. I lost big amount of money that time.

Ouch i can imagine the anxiety you felt there. What exchange site would this be? This hasn't happened to be yet though i've thought about this scenario a lot of times already and i'm nit sure as well about what to do if it happened to me. I'm currently trading on three exchanges,yobit polo and bittrex and so far, i haven't had the misfortunte of that happening to me

Your selection of trading sites is good and prudent. Bittrex and Polo are two of the most trustworthy trading exchanges. It’s great that you have never met any misfortune yet. You must have good control of emotions and sound knowledge of trading. May you never face any misfortune!

[xuan87]

The biggest problems I had is the transactions speed, I ever try want to do arbitrage trading but because the speed transactions is slow then I lost the chance to earn and some of the alt coins are hard to send and withdraw and then exchanger often got a negative rumours and make me hesitate to do big trading

[azguard]

The biggest problems I had is the transactions speed, I ever try want to do arbitrage trading but because the speed transactions is slow then I lost the chance to earn and some of the alt coins are hard to send and withdraw and then exchanger often got a negative rumours and make me hesitate to do big trading

Transaction speed is something that we all want to eat out PC. For how many times you/me/he/she wanted to sell then price went down and we want sell at the moment.
I know that is hard but what could it bee if one time only we could sell some coin at the moment price before fall. Who will then benifit from it seller or buyer.

For big trading is something really hard to decide what to do i try to avoid this as much as possible cuz i have some bad experience few coin that went high ended up missing. So i use small investment with small profit. After my experience i chose to play safe minimum investment with minimum profit working great so far.

[webdevmastery]

My biggest problem is my emotions, When my coins value is starting to meltdown, im really scared if i might not get my profit. But the key is to wait. So what i did for that situation is, I invest in building my mining rig so i can have passive income while taking some job in campaigns, Mining rig will help, But not that much. It will only cover some of your'e expenses while waiting for your coins to rise the currency.