There are many problems that plague this industry, but one of the most common ones is our psychological makeup around Bitcoin and Crypto in general. The notion that we can come in this niche market and become millionaires overnight, is too prevalent and it is causing havoc in many different ways. Hackers, scammers, and noobs who are wannabe traders are wrecking this space and we need to change our mentality if we want to succeed. Also, FUD, FOMO, and people being lazy and not doing their own due diligence and research before buying into a coin or token, is also an ILLNESS that has blighted the Crypto Cause. We need to become savvier and sharper if we want to make it in trading any cryptocurrency pair. The bottom line is: PREPARE AND TWEAK YOUR MINDSET before you even attempt to trade cryptos.
In trading, we all know that this is the most difficult part to earn and the most profitable way to earn a profit, but the problem is the struggles, and we are facing. In the world of trading, before you make your very first own trade, you need to find some legit trading platform. It is easy to make scamming web pages or duplicates like the original to scam and hack the information of the users always make sure to the browser we are using are secured and does not have any third party issues. After we find our very own trading platform always make sure we are ready about the capital and also our self because now we are facing the real trading. One of the things we need to consider if we want to make a trade is the knowledge about the pair of the coin we want to trade like the bitcoin to ripple or bitcoin to usd because this may affect our trading. If we buy currency at a low market price and sell it high, it will give a huge profit to us. Still, there are a lot of trading techniques we will discover by the use of the internet too. If we are always are in trading, sometimes we experience having some getting feared because the price of the coin is falling down and always think positive when the price goes up there is a chance it will fall immediately in a day, always think positive this is part of the market. A trader also grabs the opportunity on it to invest.