1)The young, not yet established market of cryptocurrency is not always amenable to technical analysis. Sometimes even a professional trader with an experience cannot determine the medium-term direction and not even the short-term trajectory.
2)Financial education, as well as practice in trading, are prerequisite and necessary for professional trading in with cryptocurrencies. It is required to understand and capture the favorable and unfavorable situation on the market before entering into a directional trade.
3)With the inflow of a large number of people interested in cryptocurrency, a lot of low-quality and fraudulent services appeared in the market offering trading signals, participation in pumps and dumps and in the asset management. As a rule, they mostly do not provide stability and sometimes even lead to the loss of funds.
4)Technical features and inferiority of young and still developing cryptocurrency exchanges, cause certain inconveniences in the trading.