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Author Topic: WHAT ARE THE PROBLEMS AND DIFFICULTIES YOU FACE ?  (Read 60 times)
queenkeke
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May 01, 2018, 10:50:16 PM
 #1

Hello everybody, I am new in the Bitcoin business and in this forum also. But the question I've always had is what are the problems, difficulties, obstacles etc, as bitcoin investors, you face whether economically, politically ( there are so many countries that banned Bitcoin using)...  Cry So please share with us your concerns. Thank you!
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May 01, 2018, 11:29:26 PM
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The problems and difficulties I face are in trading. Bitcoin prices are always up and down, unstable.. So we have to determine a good time in trading..
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May 02, 2018, 11:02:34 AM
 #3

The main problem I face is the legal status of the cryptocurrencies in my country, as the laws change quickly, everyone here warned against judging these currencies (accept it or not).
If you are sure of the legal situation, running an activity or trading using Bitcoin is comfortable, and the process of converting it into cash will be smooth.
So far the best strategy is HODL!!, the price increases day after day

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May 02, 2018, 11:15:53 AM
 #4

The lack never ends. There is a new lack of time when a need is met. The problem is similar. If a problem is solved then a new problem arises. Bitcoin can be legal in the country or illegal, we will continue to maintain consistency. Bitcoin is illegal but it is used in all countries.
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May 02, 2018, 02:22:45 PM
 #5

To be a mess.
Security issues can be tricky at the very beginning, so, as a piece of advice, be really careful, for when I was a newbie it took me time to correctly understood how important is to set a high-security standard regarding wallets and to always have a back up of every wallet you open.  I have never been a tidy man, so my information was tossed everywhere and it was really difficult for me to find anything in my own mess. So it is one of the most difficult lesson I've learn, if you want to success, stop being a mess! Tongue

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May 02, 2018, 04:20:37 PM
 #6

My country has given some policies about E-money but i and my team still earn money from it :|
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May 02, 2018, 04:28:25 PM
 #7

The problems that most of us probably is facing is that we only have few BTC, I don't even have 1 BTC at all.  Cheesy The scariest part is that if BTC turned $50K, and we still have no BTC, we are left behind even further.  Luckily we have some altcoins to hold on to. Seriously if BTC are going to be banned in my country, its the end of the line for me.


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May 02, 2018, 05:08:16 PM
 #8

The lack of market environment supporting Crypto is the biggest problem for me because I cannot spend my Bitcoins directly as there is not even a single merchant in my city that accepts Bitcoin against his goods and services. Thus, I have to convert Bitcoins into the Fiat currency in order to spend it but that's definitely not the Satoshi's vision for Bitcoin and cryptocurrencies. However, I am optimistic about the future and I believe that we will the see most of the merchants around the world would accept cryptocurrencies in the coming years.

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May 29, 2018, 10:49:52 PM
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The biggest problem is the unpredictability of the cryptocurrency market. The value of a cryptocurrency fluctuates all the time. Sometimes, it is up and sometimes it is low. How can the invester deal with such situations? He ultimately follows his guts.
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