The biggest problem of beginner investors

[Imran_Noori]

The biggest problem of beginner investors is their lack of patience most of the time, crypto market and other investment markets need patience to pay off.

In my opinion if you could increase your patience toward your investments then most of your investment problems will be solved.

Is lack of patience the biggest problem of beginner investors? How they can solve it? Share your experiences.

 

[Riberet19]

Nowadays in terms of investment there is a great tendency to short termism, because people want quick profits and without having to wait so long, but this usually ends up punishing investors, patience pays off and in the world of investment this is not an exception

 

[eLdavis]

Personally i think the biggest problem most investors have today especially the beginners, is knowing what to invest in. These days if you are not careful you would end up being scammed. Hence its pretty hard to find something legit to invest in.

 

[Imran_Noori]

Personally i think the biggest problem most investors have today especially the beginners, is knowing what to invest in. These days if you are not careful you would end up being scammed. Hence its pretty hard to find something legit to invest in.

I agree with you, not being educated about investing and not knowing where to invest your money will put you in big trouble, maybe you lose all your money.

 

[Mayorla]

One of the biggest problem of Beginner investors is lack of knowledge. Most of them do not know how the investment work, All they know is that this thing would give them huge money in return.

 

[Yohanna]

The biggest problem of beginners in cryptocurrency trading is inexperience and they are never willing to learn as well . It will be difficult for them to achieve success in cryptocurrency without prerequisite experience.

 

[Kane]

A lot of people believe that investing in crypto will make them rich overnight. However, this is not true. Just like with other markets, you will have to hold your investment for a long time.

 

[Imran_Noori]

A lot of people believe that investing in crypto will make them rich overnight. However, this is not true. Just like with other markets, you will have to hold your investment for a long time.

This is the point, all investment markets with potential are for long term holding, they can not help you if you want to become wealthy just in one night.

 

[Trey]

One of the biggest problems of cryptocurrency beginners is scam. They are easily scammed because they are yet to identify fake cryptocurrency schemes. That's why there is always need for them to take things easily as it has to do with cryptocurrency.

 

[Kane]

Well, sometimes you might be able to become rich overnight. People who invested in Dogecoin when it was less than a penny and sold when it was all time high of 68 cents, did become super rich.

 

[James2]

One of the biggest problems that beginner investors face is lack of knowledge and experience. Investing can be complex, and there is often a steep learning curve for new investors. Without a solid understanding of the market and how it works, beginner investors may be more prone to making mistakes or falling for scams.

 

[Imran_Noori]

Well, sometimes you might be able to become rich overnight. People who invested in Dogecoin when it was less than a penny and sold when it was all time high of 68 cents, did become super rich.

You are right, but how to identify such coins? Dogecoin has no specific project behind it and long term investors will not buy such coins with no project or real world usages.

 

[Planbizzle]

The most significant issue for novice investors is frequently the absence of the knowledge and expertise required to make wise investing selections. Utilizing AI-powered investment tools like the Wolfpack app, which may assist novice investors in discovering, trading, and long-term wealth growth, is one way to address this issue.

 

[Jonaville1]

One of the biggest problems that I have ever encountered is scam. I have gotten scammed so many times on online investments platforms and it gets me scared

The biggest problem of beginner investors is their lack of patience most of the time, crypto market and other investment markets need patience to pay off.

In my opinion if you could increase your patience toward your investments then most of your investment problems will be solved.

Is lack of patience the biggest problem of beginner investors? How they can solve it? Share your experiences.

 

[Imran_Noori]

One of the biggest problems that I have ever encountered is scam. I have gotten scammed so many times on online investments platforms and it gets me scared

If you are scared of it then it doesn't mean to avoid it, simply face it just by doing your own researches before investing in an investment with high potential.

 

[Jonaville1]

If you are scared of it then it doesn't mean to avoid it, simply face it just by doing your own researches before investing in an investment with high potential.

I have been avoiding it for years and I can even promised myself not to ever engage in anything that has to do with online investment because the majority of them are just scams

 

[joy101]

The problem a beginner have as a investor when it's comes to investment how long will the investment start giving the amount of money them needed, sometimes them lack patient.

 

[Ernestnari]

Beginner investors always have am itch to cash out as soon as possible. And surprisingly, only few investments are like that. This desperation for returns would land them with scammers who would run away with their money.

 

[Ononivami1]

One of the biggest problem for a beginner in cryptocurrency investment is the ability to gain the relevant experience on how to trade. Moreso , you must learn the ins and out of cryptocurrency before you jump on it.