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chesatochi (OP)
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October 22, 2019, 11:08:33 AM
Last edit: October 22, 2019, 12:09:00 PM by chesatochi
 #1

What area do you struggle the most about crypto investing?

GreatArkansas
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October 22, 2019, 11:16:32 AM
 #2

On how you will store your cryptocurrencies. I'm really a little bit about that. Like after you bought some cryptocurrency, the where or how you will really store your investment in cryprocurrency especially in Bitcoin since storing it on exchange is definitely risky.
Even you store it in hardware wallet or any physical wallet, still possible to lost it.
That's only my struggle. Buying Bitcoins and hodling it for long term isn't the struggle for me.

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October 22, 2019, 01:19:18 PM
 #3

Storage and exchange I suppose? Holding isn't really an issue since that is a personal problem but Storage of crypto in wallets could lead to sometimes loss because of hacks and scams. Security and user-friendliness are what I'm looking for in wallets most of the time. Investing in a good wallet could potentially save my entire crypto savings after all. As for exchange, well a faster one with cheaper transactions while still being legit, is what I am looking for. It's a struggle at times since I don't have a specific exchange I go to every time so deciding can be a bit of a hassle.

 
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Battareus
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October 27, 2019, 06:54:00 AM
 #4

I think he asked in which area do you lose cryptocurrencies. The question is not where it is more reliable to store. If I understand correctly, I will answer this way: the purchase of any cryptocurrency such as BTC, DASH, LTC, and it's subsequent storage for several years should not lead to a loss of investment. But the purchase of dubious altcoins (XRP, WAVES, BTCABC and many more), gambling, ponzi will lead to losses.
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October 27, 2019, 07:21:03 AM
 #5

What area do you struggle the most about crypto investing?
I guess it is most while converting into fiat,if the amount is too large to get an red sign from the bank accounts other than this I am not facing any struggles,maybe the scams but I am not giving any attention to any telegram links,unnecessary PMs and huge discounts I am safe.
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