Cryptocurrency Project - Day 5: Buying in, problems for newbies.

Hello Guys!

So after waiting a few days for the Nano Ledger S to arrive and for my bank account to link to coinbase.com things have finally fallen into place...almost. The ledger arrived this morning and my account was approved on coinbase. Yay we can start trading crypto! .... Or can we....??

So i want to talk about a couple small issues i ran into today.

Ledger Nano S & Google Chrome...

So the main issue that i ran into was the Ledger Nano S runs off of a google chrome extension. There are ways around this but the set up and most tutorials/information out there has you downloading the chrome extensions. Now this would not be a problem for me except for some reason my google chrome has not been working. No big deal... until i tried to use the ledger this morning. I had to fix chrome (which i did accomplish) in order to use the ledger. The ledger wallet manager and the bitcoin. litecoin and Ethereum wallets also run off of chrome extensions. I did get the everything up and running but it was a little frustrating.

I just wanted to point this out. As of today cryptos really are not the most user tools out there. I think this is a huge hurdle for the industry as a whole. Someone like my mom or dad and even some of my friends really wouldn't have been able to use this ledger today if they were in the same boat as me... a non working chrome browser.

The next hiccup i ran into today....

Coinbase and the waiting time...

So the thing i learned today about coinbase.com is when you purchase a crypto through their platform using your bank account you have to wait 3-5 days before you get your coins. So if you are looking to purchase instantly and make a trade. Using your bank account is not the way to go. One major problem i see with that is this: The price of bitcoin is high today.... i wanted to purchase it and trade it for steem quickly. Which now i can't do becuase i have to get through the waiting period after using my bank account to purchase bitcoin and being the noob i am did not realize this. What if the price goes down? In the long run i think i am ok but i wanted to trade it and what if the price is lower on Saturday when i receive my bitcoin ? Well then i have lost out unless i wait for the price to jump back up. It's not a major deal and there are ways around waiting . I just wanted to point out these issues for other newbies such as myself.

Now their are ways around both of the issues i brought up today i know. My main point is this.... as of today cryptos are fighting an uphill battle for the mainstream adoption they truly need to achieve their greatest potential. Let me know what you guys think. Have any of you ran into any other hiccups or things that could be improved on while working your way into the crypto industry ? ?

Thanks for reading!

-Spacebird