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Author Topic: What are the general issues/problems do traders or investors usually face during  (Read 961 times)
rijaljun
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January 02, 2020, 11:19:14 AM
 #21

A new year and new hope of adopting blockchain and cryptos around the world. Millions of traders or investors are on this Digital Asset Market already.

A good number of people are coming on this market everyday. What are the challenges, regular issues or problems for the traders or investors during investing? Security, High Risk, Scammers, Hackers etc. can be the problems. What do you think?

Centralized products in the decentralized space. That's the only issue.

I mean, we are roaring about decentralized space where everyone can be their own bank, control their own money and have a total freedom but In fact, there are lots of centralized product like exchanges that people mostly use. It is indirectly give them power to control everything. That's how people behind centralized exchanges can easily make a drama and playing with the news to make people fear or whatever they wish.

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January 02, 2020, 11:32:09 AM
 #22

The problem that most traders in this market care about is profit. They always want to make a profit in this market quickly and that has led many investors to be impatient and buy worthless shitcoins in the hope that its price will quickly increase in price when the bull market begins. In addition, security issues also cause many traders and investors to fear because in 2019, there have been many hackers and caused many exchanges to lose tens of millions of dollars.

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January 02, 2020, 01:19:14 PM
 #23

The problem that most traders in this market care about is profit. They always want to make a profit in this market quickly and that has led many investors to be impatient and buy worthless shitcoins in the hope that its price will quickly increase in price when the bull market begins. In addition, security issues also cause many traders and investors to fear because in 2019, there have been many hackers and caused many exchanges to lose tens of millions of dollars.

On this year of 2020, many people are hoping that the price of the bitcoin will be right back and gives a considerable profit to the people who already invested a lot of money. But before the year 2019 end, the price of the bitcoin is very stable for over 7200, and this time the cost of the bitcoin falls again in 7200, and many people now are afraid if it will go back for over 600 again. But still, it's just the start of 2020. Many things will happen, and many people now are predicting that the price of the bitcoin and other coins will be back in the middle of the month of 2020.

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January 02, 2020, 01:33:54 PM
 #24

A new year and new hope of adopting blockchain and cryptos around the world. Millions of traders or investors are on this Digital Asset Market already.

A good number of people are coming on this market everyday. What are the challenges, regular issues or problems for the traders or investors during investing? Security, High Risk, Scammers, Hackers etc. can be the problems. What do you think?

The main problem nowdays is investors are afraid to invest for a long time in a project which is really needed for a project to develop, so i think the investment system for a project should be renew that make investors are not able to take their money back after certain time
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January 02, 2020, 01:34:37 PM
 #25

volatility is still a major factor, it is not easy for new investors to enjoy a very extreme price flow every day, and also fud is sharper than forex sentiment because of the influence of legality which is still the main topic. But for some people, especially big investors, this is an absolute pleasure, high risk always has interesting things, so money management must be more detailed in responding to a prolonged negative trend.
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January 02, 2020, 01:41:19 PM
 #26

A new year and new hope of adopting blockchain and cryptos around the world. Millions of traders or investors are on this Digital Asset Market already.

A good number of people are coming on this market everyday. What are the challenges, regular issues or problems for the traders or investors during investing? Security, High Risk, Scammers, Hackers etc. can be the problems. What do you think?

The main problem nowdays is investors are afraid to invest for a long time in a project which is really needed for a project to develop, so i think the investment system for a project should be renew that make investors are not able to take their money back after certain time

While some projects are really needed something like this, there might be a downside for investors side as the project may do exit scam without us knowing or seeing any signs as they hold or freezes our account in certain time. This is good if their is other entity involved like escrow or government officials that can secured the security or legalities of the project being able to do their promise product well.

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January 02, 2020, 01:41:54 PM
 #27

A new year and new hope of adopting blockchain and cryptos around the world. Millions of traders or investors are on this Digital Asset Market already.

A good number of people are coming on this market everyday. What are the challenges, regular issues or problems for the traders or investors during investing? Security, High Risk, Scammers, Hackers etc. can be the problems. What do you think?


For investors the main problem that I see right now theres a lot of new project that turning to scam so you need to be csreful before putting your fund to any altcoin project, second for traders the number one problem that I encounter is the volatility of the market meaning in only a short period of time your money can be grow or easily liquidated also dont be greedy during trading.

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January 02, 2020, 02:53:43 PM
 #28

If you are talking about investing in the cryptocurrency market, it would be the scammers. They are ones who would be out for the investor's money, it's not going to be easy to single out, but it's quite easy for the scammers to create a project that they could fall for. As for the traders, they would be in a battle with their selves. It's going to be hard to control the emotions that come with trading. Those are the most common thing that could happen to a trader and investor.

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January 02, 2020, 03:14:25 PM
 #29

In my opinion most of the problems that traders and investors face are emotional and are related to their perspective on the market. For sure there are a lot of scammers, hackers, conmen, etc. , but you can easily avoid them with common sense and by being careful where you put your money. The two main problems - FOMO and FUD - many traders & investors suffer from these two and thus they are easily influenced from the opinions of other people who have their own interests. Remember that no one can know which way is the market heading towards.
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January 02, 2020, 03:27:17 PM
 #30

Scams are surprisingly a huge problem for a lot of people new to cryptocurrency in general, not just with traders or investors. Most people don't seem to think enough about where their money's going or notice common red flags that signal something's a scam in crypto, but to be fair most people on these forums have been using or interacting with cryptocurrencies in one way or another for years. Scams have become more and more complex recently as well, which certainly doesn't help, but the most we can do around here is noting and discussing common scams and alerting new people about 'em.

Scams are a problem financially. We are talking about money here, it is not about crypto. Once you talk money, people get greedy and then especially when blinded by Bitcoin headlines of people making millions and 1000% in so and so days, what do you expect? People just forget reality and enter fantasy.

Bitcoin is also poorly misunderstood so it will be years before people understand.

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January 02, 2020, 04:09:22 PM
 #31

I usually have the trouble of putting money into crypto but keep needing it more and more with horrible inflation and other stuff. I mean I personally want to keep saving more and more bitcoin but it just doesn't happen, I need to make more money to be able to save more money but even if I make more money than I spend more money.

So, I end up cashing out with even the slightest profits to spend that as well. No trading, feeling of missing out, no dropping of price, no scams, no hacks, nothing scares me as much as inflation. You may make as much profit from trading as you want but in the end if you don't making even more and more there is no way the money you have will be enough. I just want to have 1 bitcoin, that's it, and that looks as impossible as it was 2 years ago.
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January 02, 2020, 04:34:56 PM
 #32

A new year and new hope of adopting blockchain and cryptos around the world. Millions of traders or investors are on this Digital Asset Market already.

A good number of people are coming on this market everyday. What are the challenges, regular issues or problems for the traders or investors during investing? Security, High Risk, Scammers, Hackers etc. can be the problems. What do you think?
Scammers and hackers usually made people afraid to store their money in exchanges. Maybe it has correlation about security. My hope maybe some big exchanges not get attacked and make their security stronger or maybe data of the users is not easily leaked like what in news that Poloniex user data leaked. So people can trade very confidently and not afraid about lose their assets because of hacked.

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January 02, 2020, 04:58:53 PM
 #33

The most common problem beginner investors face when investing in cryptocurrencies is the lack of trust in the particular coin.
Most of them are unsure of their investments and just invest in any coin to get higher returns which often results in losses.
Finding a good exchange to start trading with is another problem that investors face in the beginning days.

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January 02, 2020, 05:07:01 PM
 #34

A new year and new hope of adopting blockchain and cryptos around the world. Millions of traders or investors are on this Digital Asset Market already.

A good number of people are coming on this market everyday. What are the challenges, regular issues or problems for the traders or investors during investing? Security, High Risk, Scammers, Hackers etc. can be the problems. What do you think?
The main problem they face is the ignorance and unawareness, many traders do not get their targeted success of because of these issues and in the result they get disappointed and leave the trading while those who have the knowledge and awareness about trade they do not lose they rade, they do not face any security issue, any risk and none of the scammer can scam him.
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January 02, 2020, 05:26:40 PM
 #35

A new year and new hope of adopting blockchain and cryptos around the world. Millions of traders or investors are on this Digital Asset Market already.

A good number of people are coming on this market everyday. What are the challenges, regular issues or problems for the traders or investors during investing? Security, High Risk, Scammers, Hackers etc. can be the problems. What do you think?

For me, high risk is not a problem in every trader, because of course all trades have risks, it depends only on what we want to choose. The main problem now is security, hacking, scam, well that is the big problem now. If we look back 2 years, the condition of crypto is declining so fast, and this is caused by various aspects indeed but the biggest aspects are on the 3 things above.

Yeah high risk is not a problem since it is a twin of tradings since we got a huge chances to lose for single wrong movement we do and to avoid such losses or maybe to minimize it maybe it's best to select the best platform to trade and learn the possible best entries together with chart reading since for this doings or methods we can minimize the risk to lose our money, History is really helpful and we can use that to gather data and to win in the present time.

High risk is just a small part in trading but the big factors are those barriers that causes harm in trading. You're right, scammers, hackers, wrong addresses are the main reason why there are traders who suffers from huge losses in their accounts and that's what we should focused on before anything else. We should become more secured and safe first before we make a transactions with some other people. Much better if we know more first the other account before making a trade.

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January 02, 2020, 10:56:04 PM
 #36

A new year and new hope of adopting blockchain and cryptos around the world. Millions of traders or investors are on this Digital Asset Market already.

A good number of people are coming on this market everyday. What are the challenges, regular issues or problems for the traders or investors during investing? Security, High Risk, Scammers, Hackers etc. can be the problems. What do you think?
Decentralized system may have such deficiencies. For me, the biggest problem is that newcomers want to trade directly, and this often results in regret. Most of the newbies who have heard about the crypto market think that they will earn millions and become rich without doing anything. But do not doubt that the result will be better if they fully understand it and use their knowledge in the right direction.
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January 02, 2020, 11:05:43 PM
 #37

A new year and new hope of adopting blockchain and cryptos around the world. Millions of traders or investors are on this Digital Asset Market already.

A good number of people are coming on this market everyday. What are the challenges, regular issues or problems for the traders or investors during investing? Security, High Risk, Scammers, Hackers etc. can be the problems. What do you think?
The main problem they face is the ignorance and unawareness, many traders do not get their targeted success of because of these issues and in the result they get disappointed and leave the trading while those who have the knowledge and awareness about trade they do not lose they rade, they do not face any security issue, any risk and none of the scammer can scam him.

Very right! Traders should inform themselves before plunging to the unknown. You need a weapon before the battle begins, right? So if you are an aspiring crypto trader, you need to observe and learn a lot before starting any trade. But you can apply some of your learnings by using small amount of money, which is like a disposable money to you. Crypto trading has a lot of differences as compared to stocks trading. Since the volatility of the price is very common, you need to study the alts that you want to get involved with. Many are disappointed in crypto, because a lot of them have the perception that they can easily get rich but the reality, it's not.
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January 02, 2020, 11:12:07 PM
 #38

usually the main problem is how to not fall into putting money for those shitcoin so we won't be losing our money because today there are too many coins that are created out of thin air and the developer just exist for the money and will soon running away. the second problem is how vulnerable some exchanges are against hacker that our  money is not safe if kept on the exchange for too long, I think that 2 problem is the primary problem right now .

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January 03, 2020, 03:38:32 AM
 #39

I think security is the top issue. I mean this from a couple of perspectives. For one thing, you need to make sure that your private key is stored safely so that no one can find it but also so that you can retrieve it.

Secondly, you need to use either a paper wallet or hardware wallet to store your coins for long term.

 
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January 03, 2020, 03:45:26 AM
 #40

I think security is the top issue. I mean this from a couple of perspectives. For one thing, you need to make sure that your private key is stored safely so that no one can find it but also so that you can retrieve it.

Secondly, you need to use either a paper wallet or hardware wallet to store your coins for long term.

Security will depend on the exchange itself. If they can protect their site from any attacking, and they can prevent the attacking, then the exchange doesn't have to worry about that. I am sure the exchange will securing their site from the hacker, and they will do their best to protect the member's account. The hardware wallet will be our responsibilities because if we cannot give protection to that hardware, then our assets will be stolen by people who know about our assets. All in all, we need to protect our assets in exchange or private wallets, so we can minimize the chance of being hacked by hackers.
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