What type of challenge do you face when you want to buy or sell bitcoin?

[lukaszba]

Hello, everyone.

 I have a few questions. Can you help me with?


1. What type of challenge do you face when you want to buy or sell bitcoin or any other crypto?

2. How the buy and sell process looks like? it is easy or not?

3. Can you share with me how your process look like?

4. Which app or site do you like and why?

Cheers,

Lukasz

[Money_catcher]

In fact, there is not something very complicated. For money transfers there are wallets that specialize in this. For exchange / trade crypto exchange are used. Choose which one suits you (considering the country and payment systems that are popular with you). Also pay attention to the exchange rate in order to profitably exchange.

[agatha90]

The challenge when buying coins determines which coins are good to buy, bitcoin or altcoin, to buy altcoins I usually choose binance exchange, ieo coins are certainly potential, buy in a down market condition and need to pay attention to how much the coin volume.

[FlightyPouch]

I think it just revolves around will I really buy or just wait? Just that struggle. We are dealing with a volatile crypto currency, we don't know what will be the movement, it may be a dump or a pump that is the reason I am getting hesitant to buy or to wait more longer for the price to get lower. If you don't know how to analyze price charts, it is really hard so my suggestion is to learn how to analyze them. It will really help you.

[dothebeats]

Hello, everyone.

 I have a few questions. Can you help me with?


1. What type of challenge do you face when you want to buy or sell bitcoin or any other crypto?

None so far. The exchange I'm using is pretty straightforward and there are no complicated steps or whatsoever that I have encountered in my last 4 years of trading.

2. How the buy and sell process looks like? it is easy or not?

Pretty easy. Create a sell order, choose what method would you like to receive your funds and confirm checkout/exchange. Processing takes about a few minutes time and you're good to claim your cash on money remittance centers or wait for a full banking day to get your funds in your bank account.

3. Can you share with me how your process look like?

Refer to #2

4. Which app or site do you like and why?

While I'm here in the Philippines, I'm using coins.ph and Abra if I want quick cash and bitcoins. If I'm in Canada, I mainly use CoinSquare, though I haven't used them for about 2 years now, and I don't know how they'd evolved for that time.

[BrewMaster]

trust is the only challenge that i have ever faced and that is only because whenever i sell bitcoin, i do it off the exchanges and since peer to peer trades are hard and require trusting the other party, it has proven to be challenging for me. although it has never been hard enough to make me want to look for any other ways and after a while you always find connections to do things easier.

[waynechong1995]

On the fiat -> crypto side, choices is pretty limited, usually what you can buy/sell were ETH, BTC and stables as they are more regulated on papers regarding these assets, platforms like remitano, localbtc and localethereum is pretty established, but you have to deal with local fiat fluctuations as crypto stick USD mainly.

Other alts is totally different stories, its the place where you can diving in danger in search of a coin that bring the greatest returns, over there its about how you buy/sell against BTC or stables. Most of the trading challenges take places here.

[baundul]

After earning Bitcoin, I could not think of what to do. There are solutions to every problem. It was almost impossible to sell Bitcoin in the first time. It was difficult to believe online. Believe in the blind and start trading with local dealer. And during the exchange, choose the best exchanges. There is no problem now.

[Tipstar]

It's not much difficult to buy and sell bitcoin for other cryptos.
But's it's still too much difficult to buy and sell bitcoin for fiat. Most of the fiat exchanges takes insanely large fees. There are issues on every step. The support for most of them are useless and it's much better to find a like minded person and trade it with them rather than going with the hassle of exchanges.

[rdluffy]

1. What type of challenge do you face when you want to buy or sell bitcoin or any other crypto?
The real challenge for me, in my country is the fact that every exchange have "maintenance" every week and the process to deposit or withdraw fiat and cryptos are really slow

2. How the buy and sell process looks like? it is easy or not?
It's very easy to deposit, buy and transfer, the process itself is easy

3. Can you share with me how your process look like?
I make a transfer between my bank and the exchange and them I make a order to buy the desired coin

4. Which app or site do you like and why?
I really like Binance, Bittrex and Kucoin, they know how to work and they are very professionals

[Fedrey]

I am very sorry that many cryptocurrency users have problems buying Bitcoin.  I live in a country where there is no official legalization of cryptocurrency, but nevertheless the use of cryptocurrency is not prohibited.  Thus, I can by any means through online resources buy any cryptocurrency and trade it without problems.  .

[BeManga]

Hello, everyone.

 I have a few questions. Can you help me with?


1. What type of challenge do you face when you want to buy or sell bitcoin or any other crypto?

2. How the buy and sell process looks like? it is easy or not?

3. Can you share with me how your process look like?

4. Which app or site do you like and why?

Cheers,

Lukasz

the challenge you will experience in crypto is when to buy or sell crypto because price is unpredictable  and for trading just use highly reputable exchange before using them make your own research for apps i only use the one where you can monitor the price of different crypto like blockfolio

[Rahman11]

I just buy/sell bitcoin by local currency and I am feel comfortable for this! I am not go for exchange bitcoin with other cryptocurreny! because exchangers demanded extra fee for exchange and after withdraw!  

[serjent05]

Buying and selling Bitcoin in my country is quite easy.  The only thing is the high deficit in conversion.  There is 5% to 7% discrepancy between buying and selling BTC.  There is no problem in buying but once we convert it to fiat, it automatically deduct this percentage.  

3. Can you share with me how your process look like?

As of the process, it is simple, if we want to buy BTC we will just make an order from the site then an order receipt will be given to us where we will present it to the outlet where we can pay such as banks, convenience store and remittances.  Same goes when we sell it, we can encash it through banks and remittance.

4. Which app or site do you like and why?

I have been using coins.ph and rebit.ph, since they have been around for sometime and their interface is user friendly.

[pixie85]

The process is very simple and easy. You make an account on one of the exchanges like binance or coinbase. You get an address and send your bitcoins to this address. First send just a small amount to check if everything is fine and your balance on site changes. You look for a sell button and that's it. Next you can withdraw fiat to your account.

There are no challenges. The only important thing is to keep your password safe and double check the address to which you are sending coins and the fee.

[AmoreJaz]

Buying and selling Bitcoin in my country is quite easy.  The only thing is the high deficit in conversion.  There is 5% to 7% discrepancy between buying and selling BTC.  There is no problem in buying but once we convert it to fiat, it automatically deduct this percentage.  

3. Can you share with me how your process look like?

As of the process, it is simple, if we want to buy BTC we will just make an order from the site then an order receipt will be given to us where we will present it to the outlet where we can pay such as banks, convenience store and remittances.  Same goes when we sell it, we can encash it through banks and remittance.

4. Which app or site do you like and why?

I have been using coins.ph and rebit.ph, since they have been around for sometime and their interface is user friendly.

actually that is the major problem when you want to buy or sell btc in your local exchanges. one thing i do is compare the variance of the 2 exchanges that i usually use to do these transactions and select for the better deal. consider their tx fee as well. but all in all, it is pretty easy peasy in dealing bitcoin on my end

[batang_bitcoin]

1. What type of challenge do you face when you want to buy or sell bitcoin or any other crypto?

I find no challenge anymore when I'd like to buy/sell bitcoin and even with altcoins. Websites that are into the business are reachable and easy to transact so if there's a challenging thing for me now that would the confirmation time though this happens when I pay cheap fee and I know the solution and that's to pay a recommended fee.

2. How the buy and sell process looks like? it is easy or not?

Peer to peer, transfer to exchange, automated also on exchanges. It's easy.  

3. Can you share with me how your process look like?

The process is simple, you send your bitcoin on exchange and trade it with your desired crypto/altcoin (stable or not) then you can choose to cash out with fiat.

4. Which app or site do you like and why?

Binance for the meanwhile.

[Jeremycoin]

1. What type of challenge do you face when you want to buy or sell bitcoin or any other crypto?

Frankly, I have never bought any Bitcoin or other cryptocurrencies whatsoever. All the crypto that I have are all earned through the net. So I don't have actually have an answer on the buying part. However, for the buying part, I do sell my Bitcoin into fiat. For the past few years, I haven't had any problem with selling them. I mean, at least not a major one. I think the most thing that usually bugs me is the fact that it is quite hard to find out the right price to sell because of how Bitcoin is always fluctuating.

2. How the buy and sell process looks like? it is easy or not?

I usually sell my Bitcoin on an instant sell service on a certain website. It is actually really easy.

3. Can you share with me how your process look like?

All you have to do is just to make an account, deposit the coins, and sell the coins.

I don't feel like to answer the 4th question here. If you (op) really want to know, feel free to PM me.

[iamzill]

Hello, everyone.

 I have a few questions. Can you help me with?


1. What type of challenge do you face when you want to buy or sell bitcoin or any other crypto?

2. How the buy and sell process looks like? it is easy or not?

3. Can you share with me how your process look like?

4. Which app or site do you like and why?

Cheers,

Lukasz

I think the challenge is low prices and that is probably what anyone often experiences.
for now selling or buying bitcoin is not difficult. binance is my best exchange in doing so because the largest trading volume is now in binance

[rodel caling]

Hello, everyone.

 I have a few questions. Can you help me with?


1. What type of challenge do you face when you want to buy or sell bitcoin or any other crypto?

2. How the buy and sell process looks like? it is easy or not?

3. Can you share with me how your process look like?

4. Which app or site do you like and why?

Cheers,

Lukasz

1. To avoid  loses focus and check the market situation.
2. Harder and different to buy and sell coins depend on the market sign situation when we need to buy and sell       coins.
3. Use my own monitoring target coin I want to buy for I decide.
4. Use trusted app exchange with highly secured to avoid trouble and hassle.