Big Problem In Crypto Trading

[kent47400]

If the problem is with children then it is definitely very sad because cryptocurrency trading should be done above the age of 17 and for KYC in exchange there is also an uisa limit to make KYV verified and usually the age limit must be above 17 years.
But I also suspect that these children understand cryptocurrency trading because it is certain that cryptocurrency has a rather rigid system if you look at it in various countries and surely the country where the OP lives cryptocurrency is very open to the public.

[gunhell16]

I think the big problem with the cryptocurrency is the FOMO, due to through this thing there are a lot of community was always trapped on this matter and the majority of them loss their investment and turn most of the time cried in the end. And I think we no choice for to avoid on this and don't have any control for this thing as well.

[doc]

I think the big problem with the cryptocurrency is the FOMO, due to through this thing there are a lot of community was always trapped on this matter and the majority of them loss their investment and turn most of the time cried in the end. And I think we no choice for to avoid on this and don't have any control for this thing as well.

FOMO is not big problem, because we can gain profit from it.
Buy and sell quickly.
There are several FOMO coins,  such as meme coins.
The coins which didn't have good project but so popular because the reason, maybe supported by famous person.
Dogecoin , Shiba inu and other.
We must beware, FOMO coins are only for short term.

[Jamal Aezaz]

There are two rules in investing and trading, and in business in general: Patience and Decisiveness. You must have patience for your decisions to bear fruit. If you made your decisions on good information, then have confidence in your own decisions and see them through. At the same time, be merciless in executing trades decisively, without equivocation or hesitation, and never regret decisions you made.

[rizqillah]

There are two rules in investing and trading, and in business in general: Patience and Decisiveness. You must have patience for your decisions to bear fruit. If you made your decisions on good information, then have confidence in your own decisions and see them through. At the same time, be merciless in executing trades decisively, without equivocation or hesitation, and never regret decisions you made.

Of course, we should patient when investing or trading.
If you said patient is the big problem in crypto trading, I agree with this.
But also other emotions, such as greedy, It will make us don't focus on target.
I see many people loss alot because this emotion.
Trading , investing are how to manage your emotion, I agree with this opinion.

[aiviaa485]

I believe and hope that these children are not recommended to be in the cryptocurrency space.
The real and clear effect that if children are in the cryptocurrency space can be fatal on their mentality.
The cryptocurrency market is very volatile and unpredictable, cannot be stable and if a child is mentally challenged, his future can be damaged and destroyed.

[shadowdio]

Yes the new traders that has no knowledge is one of the behind of why the cryptocurrency is so volatile. We need those guys so that the market will move.. If there is no weak hands then the market will be stabilizing..

[Confero]

Just let the rookie do what he can do now, we used to be too. The difference is that currently more people are doing it compared to the past, besides this it will have an effect on the Crypto market but there is also a positive side. And I think this is no big problem in Crypto trading.

[balalayka]

From the comments written here to the project's partnerships, I look at everything, and certain endeavors capture my interest for no apparent reason. MetaverseMe was such a project for me. I think it's a good idea, and I'm going to pay attention to it because it appears to be genuine:)

[de_prof]

I believe and hope that these children are not recommended to be in the cryptocurrency space.
The real and clear effect that if children are in the cryptocurrency space can be fatal on their mentality.
The cryptocurrency market is very volatile and unpredictable, cannot be stable and if a child is mentally challenged, his future can be damaged and destroyed.

Children, I don't think about children that join in crypto currency.
No matter about this, if they have good knowledge and experience I think they would be.
But crypto currency is high volatile, they should have good mental and have good knowledge and experience.
It will take along years to be.
It's not easy.

[gulu_khan]

I think you are right , there are alot of new kids in crypto and they are extremely greedy without any knowledge and make mistakes and losing there assets, I think without knowledge crypto is not an thing which came to sense easily..

[gunhell16]

The biggest problem in crypto trading at the moment is the huge number of kids and welfare recipients that are trading. These are new traders with no experience of what to do when things aren’t going to plan, with the result that at the first sign of trouble their instant reaction is to sell.
This makes the crypto markets very sensitive to everything and the result is the hyper volatility we see now on an ever growing basis.

That is because the majority of the newbies who came up here in this industry is that earning crypto's is just an easy way to get. But of course they are definitely wrong about it, instead of feed themselves first about the knowledge and idea they do trade at once with zero knowledge where in the end their assets or coins will be loss.

[Ghozrd]

Hype has a big impact on beginners when they want to trade and choose coins with the aim of quick profits, professional traders can do surprising things, they will choose the top coins and do technical analysis of every chart available, and don't panic when the price drops, because they have experience of every decision that has been made.

[SpenserReed]

But it seems to me that crypto trading newbies like holding their losing trading positions and hoping to get profit.
So that doesn't make markets more volatile 

[Foofaraw]

People these days are becoming quite greedy thinking that cryptocurrencies are an easy way of making money. They need to know that it is not easy to trade in a market where everyone is your competitor.