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Title: The dumbest financial mistake you ever made Post by: mmitech on July 08, 2014, 10:26:06 PM I was reading a thread (http://www.reddit.com/r/AskReddit/comments/2a2c00/what_was_the_dumbest_financial_mistake_youve_ever/) on Reddit about the dumbest financial mistakes people made, and reading through the thread was really interesting and informative, I my self have made few dumb mistakes especially when it comes to my career, I also made a mistake about not investing when I first heard about Bitcoin (it took me a while to decide).
So I want to know what is the mistake you mostly regret ? it doesn't have to be about Bitcoin... Title: Re: The dumbest financial mistake you ever made Post by: Argwai96 on July 08, 2014, 10:31:35 PM I got into bitcoin in 2010. I even solo mined several blocks. I then got bogged down by trying to finish college, forgot about bitcoin, formatted my computer and lost all the coins. Yeah, that one stings.
Title: Re: The dumbest financial mistake you ever made Post by: Bitcoin Magazine on July 08, 2014, 11:19:21 PM I got into bitcoin in 2010. I even solo mined several blocks. I then got bogged down by trying to finish college, forgot about bitcoin, formatted my computer and lost all the coins. Yeah, that one stings. good. thanks for contributing to deflation Title: Re: The dumbest financial mistake you ever made Post by: Argwai96 on July 08, 2014, 11:22:20 PM I got into bitcoin in 2010. I even solo mined several blocks. I then got bogged down by trying to finish college, forgot about bitcoin, formatted my computer and lost all the coins. Yeah, that one stings. good. thanks for contributing to deflation I'm sure there are lots of lost coins from those of us who thought bitcoin was only play money back in those days... :P Title: Re: The dumbest financial mistake you ever made Post by: tspacepilot on July 08, 2014, 11:29:13 PM Gambling while drunk....
Gambling while sober sometimes works out pretty good, and either way I have fun trying. Gambling while drunk means I go down the tubes fast, too fast to even enjoy it. Title: Re: The dumbest financial mistake you ever made Post by: Brewins on July 08, 2014, 11:41:07 PM Getting debts that I couldn't afford to pay, because the future ended up being different from what I imaginated.
But then bitcoin came and saved my life. Title: Re: The dumbest financial mistake you ever made Post by: AceWallen on July 08, 2014, 11:45:28 PM i racked up a lot of debt my senior year of college.... kind of assumed the job market would be a bit more receptive. :)
Title: Re: The dumbest financial mistake you ever made Post by: HashFarmer on July 09, 2014, 12:28:50 AM I got into bitcoin in 2010. I even solo mined several blocks. I then got bogged down by trying to finish college, forgot about bitcoin, formatted my computer and lost all the coins. Yeah, that one stings. Oh that sucks, how much bitcoin did you have? Title: Re: The dumbest financial mistake you ever made Post by: ALToids on July 09, 2014, 02:15:13 AM I got into bitcoin in 2010. I even solo mined several blocks. I then got bogged down by trying to finish college, forgot about bitcoin, formatted my computer and lost all the coins. Yeah, that one stings. You could have bought a slice of pizza with those blocks that you solved in 2010. Such a waste, a good slice of pepporoni! Title: Re: The dumbest financial mistake you ever made Post by: robbyd86 on July 09, 2014, 02:25:29 AM getting a girlfriend :P . Seriously, that was the biggest financial drain I ever had. Other than that, I guess buying an HD DVD player thinking it would win out over Blu-Ray :D
Title: Re: The dumbest financial mistake you ever made Post by: AceWallen on July 09, 2014, 02:31:49 AM getting a girlfriend :P . Seriously, that was the biggest financial drain I ever had. Other than that, I guess buying an HD DVD player thinking it would win out over Blu-Ray :D true that -- never lost anywhere near the same $$ on anything else. but it's been worth it for me. ahh, trade-offs. :) Title: Re: The dumbest financial mistake you ever made Post by: Acidyo on July 09, 2014, 06:17:16 AM Selling 2800 darkcoins at 0.001/coin
Title: Re: The dumbest financial mistake you ever made Post by: Lethn on July 09, 2014, 06:22:55 AM I once accidentally placed a sell order not realising that it would automatically execute and lost 0.2BTC :( then I also paid attention in school and when I think about it if only I had ignored school when I was 13 - 14 and did all the research I've been doing now I would be a hell of a lot smarter and I could have passed my GSCE's properly.
Title: Re: The dumbest financial mistake you ever made Post by: pandacoin on July 09, 2014, 07:04:29 AM Almost everytime I make mistake. I'm a bad trader so I just buy and hold now.
Title: Re: The dumbest financial mistake you ever made Post by: ALToids on July 09, 2014, 11:31:55 AM I should have walked away from a property I was $200k under. I felt like I should do the right thing and be responsible so I kept it, but I could have walked away like everybody else and save myself a $200k loss.
Title: Re: The dumbest financial mistake you ever made Post by: #yolo on July 09, 2014, 12:33:10 PM I first heard about BTC in 2011 and it was valued at $10 a pop (and people said it was over-priced lol). Seems like 99% of people heard about BTC early but only few have taken it seriously enough.
Title: Re: The dumbest financial mistake you ever made Post by: TheJohn on July 09, 2014, 12:43:25 PM Not saving more enough for investment..
Title: Re: The dumbest financial mistake you ever made Post by: squall1066 on July 09, 2014, 01:10:13 PM I first heard about BTC in 2011 and it was valued at $10 a pop (and people said it was over-priced lol). Seems like 99% of people heard about BTC early but only few have taken it seriously enough. +1 I sold loads when it hit $10, If I kept them, I would be worth Millions!! I kick myself everyday since. Title: Re: The dumbest financial mistake you ever made Post by: ApexEvo on July 09, 2014, 06:35:23 PM I never scammed anyone...it is nice but dumb. :o ;D
Title: Re: The dumbest financial mistake you ever made Post by: Justin00 on July 10, 2014, 01:30:17 PM I just posted this up today in another thread!
won 2000 bitcoins gambling back in october 2012. lost 1500 bitcoins a few days later to the same site... I had developed gambling addiction.. and only way to get over it was loose big time.. after a massive win :( when BTC got to $1400 I was mega depresssed. That was the lowest I had been in the hole drama. Now I am kinda over it. If BTC went back to $1400 I wouldn't be to fussed.. Not like I would of held them all till it reached $1400... probs would of sold em all at $30 thinking $30 was the max it will get to LOL :( Title: Re: The dumbest financial mistake you ever made Post by: Justin00 on July 10, 2014, 01:31:22 PM as per the other thread
1QKnmephbuvuAA8BrXzgAQp3dvm9Z3RBgt 1QKnmephbuvuAA8BrXzgAQp3dvm9Z3RBgt cough cough donations to rebuild 2000 BTC 1QKnmephbuvuAA8BrXzgAQp3dvm9Z3RBgt 1QKnmephbuvuAA8BrXzgAQp3dvm9Z3RBgt 1QKnmephbuvuAA8BrXzgAQp3dvm9Z3RBgt 1QKnmephbuvuAA8BrXzgAQp3dvm9Z3RBgt 1QKnmephbuvuAA8BrXzgAQp3dvm9Z3RBgt 1QKnmephbuvuAA8BrXzgAQp3dvm9Z3RBgt 1QKnmephbuvuAA8BrXzgAQp3dvm9Z3RBgt as you can see.. I am totally over it :| Title: Re: The dumbest financial mistake you ever made Post by: Triffin on July 10, 2014, 01:34:30 PM Failing to appreciate the power of compound interest over time
when I was young enough to do something about it .. Buying that damn pizza for 10,000 BTC ;D ;D Triff .. Title: Re: The dumbest financial mistake you ever made Post by: Sydboy on July 10, 2014, 02:26:12 PM 10k for a pizza just pure history!!!
If it is not already on most BTC wikis it should be updated! Title: Re: The dumbest financial mistake you ever made Post by: 1Referee on July 10, 2014, 03:14:55 PM I first heard about BTC in 2011 and it was valued at $10 a pop (and people said it was over-priced lol). Seems like 99% of people heard about BTC early but only few have taken it seriously enough. +1 I sold loads when it hit $10, If I kept them, I would be worth Millions!! I kick myself everyday since. No need to. A lot people say I'm holding bitcoin till it reaches $100K they will most likely sell before even hitting $10K Title: Re: The dumbest financial mistake you ever made Post by: dragone on July 10, 2014, 03:48:32 PM Buying a BFL pre-order is probably dumb as it gets for me.
Title: Re: The dumbest financial mistake you ever made Post by: dragone on July 10, 2014, 03:51:03 PM as per the other thread 1QKnmephbuvuAA8BrXzgAQp3dvm9Z3RBgt 1QKnmephbuvuAA8BrXzgAQp3dvm9Z3RBgt cough cough donations to rebuild 2000 BTC 1QKnmephbuvuAA8BrXzgAQp3dvm9Z3RBgt 1QKnmephbuvuAA8BrXzgAQp3dvm9Z3RBgt 1QKnmephbuvuAA8BrXzgAQp3dvm9Z3RBgt 1QKnmephbuvuAA8BrXzgAQp3dvm9Z3RBgt 1QKnmephbuvuAA8BrXzgAQp3dvm9Z3RBgt 1QKnmephbuvuAA8BrXzgAQp3dvm9Z3RBgt 1QKnmephbuvuAA8BrXzgAQp3dvm9Z3RBgt as you can see.. I am totally over it :| Damn its okay buddy! I`m starting over too lol. I had only 3 btc though, not that much compared to you lol. But I gambled that away as well. Title: Re: The dumbest financial mistake you ever made Post by: thebenjamincode on July 10, 2014, 04:12:44 PM Investing in BITCOIN!!
Title: Re: The dumbest financial mistake you ever made Post by: Bitsaurus on July 10, 2014, 10:13:29 PM Paying over 200BTC for a BFL Single, that only made back about 12 BTC. Yeah that sucked. I hope they all rot in jail!
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