Reasons some don't make profit in Crypto currencies.

[Irfan Aslam]

The reason I don't make money from cryptocurrency investment is because I hate to see the price shift still fluctuate. I feel restless with the function of the prices for cryptocurrency and that can cause me a depression. The best thing I do, if anything of the sort happens, is to pull my emotion to rest. This means I'm not a hazardous person.

 

[Diamond07]

Before you invest or trade cryptocurrency, you must have a sound knowledge about the market analysis, make reasearch and understand how it works. If you do not have a sound knowledge on how to trade you can lose all your funds within a twinkle of an eye

 

[Mechi]

Although his Rs 15,000 investment in ATC Coin quickly grew to Rs 1.82 lakh, Pethe started having doubts when he tried to withdraw Rs 5,000 from his holdings. He was unable to execute the sell order smoothly. The computer screen just flashed ‘operational error’ messages. When that was resolved, and he was finally able to sell them, the money wasn’t credited to his bank account right away. “I finally received the money three months later, that too after many follow ups with the firm. I am not sure if I’ll be able to recover my remaining investment in this scheme,” he says.

 

[Josephjossy]

The main reason why some people don't make profit in crypto trading is that they don't trade the right way. It is so simple. Crypto is just like any other business. You have to buy low and sell high. You have to buy when the price is low and sell when the price is higher. That is simple but some people don't have enough patient to keep there crypto currency for the price to go up

 

[Tariq Shehzad]

Goodness, how I such a lot of adoration this instructive and educative post. The serious issue why loads of individuals don't bring in cash in cryptographic money is absence of information in digital currencies and market or exchange. Different issues are connected to this.

 

[Victor001]

The number of people joining the Crypto currency league are on the rise daily due to different postive reviews from others already in it but sadly some join the league and lost out.
The reasons could be:
1) lack of knowledge of Crypto currencies
2) Focus on bitcoin alone , this is as result of the first point, most people don't know any other coin other than bitcoin so they just push money into it , honestly Small Investors can make money from bitcoin Investment for instance you invest $20 into bitcoin now for you to get $10 bitcoin must be around $50,000 which may take time .

3) Fear to invest in small coins.

They are lot of reasons people loss in crypto trading, they see crypto as a get rich quick scheme,lack of proper analysis before placing trade,they loose balance while trading i.e lack of patience.

 

[Setho]

The crypto currency project is just a one that is young and is still pretty much developing so a lot of people who stake claims usually earn a little profit on it but there are still people who do not.
I think this boils down to general lack of knowledge about the crypto currency in general and investing without research.
A lot of people also just focus their exploits on just the popular coin bitcoin and forget there is money to be made

 

[Samuel77]

According to my own point of view, the reason why some did not make profit in cryptocurrency, it's because of their fear of investing and also they are not patient enough for the coin to appreciate in the market rate. after investing in Bitcoin you need to wait for a particular period of time before selling it out

 

[Sana Diyar]

The number of people joining the Crypto currency league are on the rise daily due to different postive reviews from others already in it but sadly some join the league and lost out.
The reasons could be:
1) lack of knowledge of Crypto currencies
2) Focus on bitcoin alone , this is as result of the first point, most people don't know any other coin other than bitcoin so they just push money into it , honestly Small Investors can make money from bitcoin Investment for instance you invest $20 into bitcoin now for you to get $10 bitcoin must be around $50,000 which may take time .

3) Fear to invest in small coins.

There are following reasons

• The supply of bitcoin and market demand for it
• The cost of producing a bitcoin through the mining process
• The rewards issued to bitcoin miners for verifying transactions to the blockchain
• The number of competing cryptocurrencies
• The exchanges it trades on
• Regulations governing its sale
• Its internal governance

 

[Muhammadawais]

A major problem in the crypto market is the lack of innovation by developers. Despite the fact that there have been several launches of "bitcoins" but despite the fact that there is still a huge demand for bitcoins as the market does not need new bitcoins, these coins inevitably fail.

 

[Maloney22]

Investing in wrong cryptocurrency, investing at the wrong time, panic investment, investing in wrong cryptocurrency. Panic selling, not checking different cryptocurrency and comparing it to others to know which is better.

 

[Ashu]

The number of people joining the Crypto currency league are on the rise daily due to different postive reviews from others already in it but sadly some join the league and lost out.

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1) lack of knowledge of Crypto currencies
2) Focus on bitcoin alone , this is as result of the first point, most people don't know any other coin other than bitcoin so they just push money into it , honestly Small Investors can make money from bitcoin Investment for instance you invest $20 into bitcoin now for you to get

The number of people joining the Crypto currency league are on the rise daily due to different postive reviews from others already in it but sadly some join the league and lost out.
The reasons could be:
1) lack of knowledge of Crypto currencies
2) Focus on bitcoin alone , this is as result of the first point, most people don't know any other coin other than bitcoin so they just push money into it , honestly Small Investors can make money from bitcoin Investment for instance you invest $20 into bitcoin now for you to get $10 bitcoin must be around $50,000 which may take time .

3) Fear to invest in small coins.

10 bitcoin must be around $50,000 which may take time .

3) Fear to invest in small coins.

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Reason of failure is that they don't know when to invest in a coin ,when you have to stop investing. When you just have to wait for your investment and to observe market and when to step out of that. They simply don't have the basis knowledge. So they fails.

 

[redpogi16]

Some people do not make money from crypto currency due to their lack of deep insight and they fail to learn more about the system before going into it. Some were mislead and given a half baked information and thereby failing to carry out the proper steps in been a successful trader. Some also fail to follow the expert predictions.

 

[Prettybabe]

I'm going to talk about focusing on bitcoin alone. Most persons do not realize that their are other small coins, like you rightly said that can fetch them better profits than Bitcoin.

I didn't know that too, until recently.

 

[Hamza1999]

For me I have not invested in cryptocurrency simply because I don't have the financial wherewithal to do that right now due to the much bills that I have to settle all the time. I really want to invest in cryptocurrency in fact I am planning to invest in cryptocurrency in the next one month or so.

Investing in cryptocurrencies is one way people are using to get rich; become a millionaire. But it doesn't mean you become a millionaire instantly. You have to research and analyze every coin to make decisions that brings you fortune. Indeed, cryptocurrency can make you rich overnight.

 

[Sheun450]

There are many reasons why some people don't make profit in crypto investment. Some people don't have much knowledge about crypto investment they just decided to start all of a sudden, also some people are not patient enough

 

[Dowenship]

The number of people joining the Crypto currency league are on the rise daily due to different postive reviews from others already in it but sadly some join the league and lost out.
The reasons could be:
1) lack of knowledge of Crypto currencies
2) Focus on bitcoin alone , this is as result of the first point, most people don't know any other coin other than bitcoin so they just push money into it , honestly Small Investors can make money from bitcoin Investment for instance you invest $20 into bitcoin now for you to get $10 bitcoin must be around $50,000 which may take time .

3) Fear to invest in small coins.

Yes... I'v a friend who also doesn't have patient. Patience is also part of this issues which is one of the most important in crypto currency. My friend count wait for his money to grow. He said he doesn't have the time to wait.

 

[Hamza]

It will be lack of their experience and lack of knowledge. Many people jump in crypto currency business without learning about it and having any kind of experience about that business and at the end it cause them loss of their money and time and all the effort. It might be a great platform to earn good money but you still need good knowledge about it to get started and earn.

 

[solalal36]

Cryptocurrency investors don't make profit in trading cryptocurrency because they don't do enough research before investing. Why would you invest in something that you don't know well about? Before investing, go to coinmarketcap, follow the history of the beginning and the trend for few weeks. Follow the community on telegram and twitter too. Please, avoid investing in Btc unless you have deep understanding about the coin

 

[Yunglegend]

Ignorance have caused us alot I knowing soeme certain things because there were times we were been asked to invest into crypto we declined and said it's a scam but look at it today everywhere round the world crypto is making wave for you to make profit you need to study it and invest into it