Bitcoin Forum

Back in 2017 I believe we have lots and lots of millionaires and billionaires in the crypto atmosphere, now back in 2018 we really have a terrible happenings like for e.g the drop down of bitcoin, ICO no longer paying up, funds get missing either on Exhcangers site or investment. I believe we have lots of encounters in lost of funds

Now what is your own side you ever lost your funds?

you have no way of knowing that. not back then and not now. this is simply your guess.

ICOs have always been bad. and that is why they have always failed no matter what they initially gave you. some of them started at the peak of the hype so obviously they were better "bets" than others but they all end up dead eventually be cause of their uselessness.

you don't lose your funds for no reason! you have to get hacked. and although hacks are common but it is not like they are happening every day!

So far,I've lost 30$ worth of bitcoin buying some shitty non-working "make money online" guide on this forum. ;D
I haven't invested in any ICOs and I've never deposited my coins into a crypto exchange that eventually got hacked.

I have lost some bitcoin and ethereum on some ICO's, i dont know the
exact amount but it isnt massive at all.

Since then I have liquidated almost all of the tokens back into bitcoin
so in the future they will grow and show a profit.

I havent lost anything on hacked exchanges because i dont or havent
left funds on them for any length of time.

We lost 95% of our portfolio wealth in 2018. We never invested our own money but we worked trading a little and doing bounty jobs, investing in ICOS etc form the proceeds for nearly two years. We were primarily holding and not day trading as such, so in the crash of 2018 we literally saw everything fall before our eyes and were helpless watching our portfolio and dreams dissipate. Now we want to do things differently so we have started all over again. I do not know if we will succeed but so far we are doing a little bit better this month than the previous year, so if we can get ahead and collect some good coins and tokens with potential upside through consistent good results from day trading and the passive robots, then we might be doing something right for a change.

Mine is exist scams ,yes i was a victim and also I like mining coins too but yet I fall victim of pump and dump coins ,so far I can boldly say if I don't go through all this I won't know better ,that is that cos its never going to happen to me ever again

I can understand your thoughts in general. But before we discuss this, we need to know a few things! What does Bitcoin mean to you first? Is it an investment instrument or a means of payment? This is really important! Then your thoughts for Bitcoin is 1-2 years or long term?

If you see it as an investment tool, take Bitcoin or any cryptocurrencies and wait. One day you will definitely earn money. If your preferred crypto is based on an accurate project.

If you see it as money, it's no problem today or tomorrow you can use it any time you want to spend.

I'm sorry if you see it as a short-term investment. In the long term, everyone believes in Bitcoin.

I think what is Bitcoin before you decide? How does it proceed? You have to read on a lot of topics like what might be in the future.

I had lost 0.4 BTC on 5 Dec 2017. I was transferring my funds from my bittrex and while I was transferring BTC the address that I had copied to my clipboard was changed by a malware and my btc were transferred to the hacker..... When I searched the address on google I found article where people had written that they were also affected by this and it was a hacker using that address. From then I have been extra alert during my transaction.

Now recently I read that there is a new malware which can even hack your 2FA along with your credentials:
https://www.ccn.com/mac-malware-steal-crypto-from-exchanges-wallets

Never lost any cryptocurrency since I started using it regularly since 2012.

Just by using common sense really. I don't keep my coins on any exchange, no matter the reputation it has.
I don't partake in ICOs or airdrops and I'm very careful whenever I send cryptocurrency to someone.

Aside from that, I like to think that I have pretty decent security.
I browse the internet with NoScript turned on, never run any sort of sketchy plugins and I don't just randomly download/run software.

Well, you don't lose them in this sense unless you are hacked, but this person is also talking about losing an investment. I, for instance, had around $1k worth of btc when it was ATH. I didn't sell by bitcoins, so due to the huge drop I lost a very significant amount of it. As the months went by, I needed money, so I has to sell that amount for much less than $1k. So yeah, 2018 was not a very good year if we talk about cryptos for me.
I know it was my own mistake not to sell when I had the chance, and I got over it. I believe in the market, I hate FUD and panic-selling newbies, and I am pretty sure cryptos will not be forgotten for a long time. We are still at early stages here.

I already lost huge amount of money because most of my funds are in bitcoin and ethereum which now have low price in the market. After the falling price of bitcoin and ethereum I still not regain all my losses. I lost thousands of dollars because of falling down and now I still hoping that I regain it.

I'll just take the experience as one hell of a fact that what goes up must come down.
I still have some funds that I save for the winter so I'm still good but then I wish all the terrible things that is coming from now on are going to be ignored so it won't cause panic. Still content with the price right now so long as it won't go low as $1000

 I never consider losses the value of my coins in folio because for me as long as i have the same volume of coins and tokens that means my investments are intact so theres no thing as losing funds in mine mate not unless there comes a time that i will ge needing the money and sell them in losses so that time i might have answer here

I lost most of my funds because of trading because I was not trading that well and for not educating my self enough to trade right, but still I am not giving up and try to learn from my past mistakes.

Losing some btc with ico projects who completely scams investors money, I have that with amigo coin the project give a promising offers
where I was to lazy sending my btc and holds my share of coins, only to realize that there's nothing that will happen to this project, I take
it as charge to my experience and will not happen again, I'll be wiser to assess carefully before investing again.

While at that time I never bought directly either through exchange or ICO, I never felt a loss of funds that I had gotten from hard work, but sometimes felt sorry for being late to sell when prices could still make a profit of 100-300% from current prices.

Well, the crypto space was pretty much fruitful back then. The unsustainable predictions attracted lots of late comers who got disappointed. Always expect the worse in whatever you do..
I know of prominent crypto personality who knew ahead of time that this was going to happen and he/she sold everything.

One thing that you have to know, although most bitcoin investor had suffered a lot of losses but they still stand for investing and they are still loyal to keep spreading a good thought for many people to use bitcoin at least in this forum.

For myself, I once bought an altcoin that was experiencing price increases at that time. Maybe you've seen how the altcoin is being pumped, the price will increase many times but after that the altcoin has decreased dramatically more than the initial price, and until now I still hold it. Maybe it was my regret being a cryptocurrency investor, losing money and losing time for sure.

I lost my dream home, which I was planning to build years ago. The sudden peak in the price gave me the strength to initiate the work. All that went away in a very small period when I made everything done with the design. Once after that I dropped the plan and still living in rented home. Hope my dream for a home gets fulfilled at the earliest.

That's what we call cycles. The problem is that not many has witnessed the last bear cycle, majority entered during the bearish trend of 2017. They FOMO, but didn't have the mindset to protect their funds, they just let it sit on exchanges, and not securing their accounts.


Personally, I was a victim of these so called bitcoin doubler in the beginning of my crypto journey. But so far I have learn my mistakes and haven't lost anything in either exchanges or in my wallet. Although I have invested in a couple of ICO's early in 2018, was able to get out and just lost a couple of hundred (around 1300), but I'm cool.

The year 2017 was a very good year for those who had the luck to invest early and leave at the right time, ie who bought the $ 1000 and sold in over $ 19,000 make profit. But most people bought back when the price dropped to $ 7000 and at the current price these people are at a loss. What I want to say is that there are very few people who make a profit


I've had a lot of losses

I joined in crypto last august 2017 and i start joining airdrops and social campaign after a month im ablevto accumulate morethan 1000$ and im very happy because imvable to earn just by joining airdrops but when 2018 comes all my earnings are starting to decrease in value and as of this date my portfolio is already -80% and bounty campaigns are not paying or if they do it is still noy listrd in the  market. But im confident market may recover. And i also shell out some of my savings to buy bitcoin for future bullrun.

I believe it will continue increase more than $ 20.000 so that's why I keep hold it.
But the fact says different, I'm almost loss about BTC 15.000 because of downtrending.

Feel regret ? Of course
Still interest on crypto ? I still believe and will continue to hold !

I believe anyone who joined cryptocurrency in 2017 upwards must have had an experience that is is not so palatable except otherwise you already have basic knowledge of cryptocurrency and how the market works.
I joined late 2017, invested in some coins, unfortunately I invested at the time the market was bullish.
I was glad I finally made some cool cash until I woke up one morning to discover that the price of the coin I bought has fell with over 90%.
It was crazy .
I cried my heart out.

In my opinion we don't lose the object, but lose its value temporarily. I have also never lost a small amount, but may only lose a number of junk coins that failed to be registered on the exchange site. I believe that prices will continue to fluctuate, so it is better to wait for the right moment to return the lost funds.

I did not deny that the decline in the market made me suffer a loss, but still to survive and try to expect the market to recover soon.

The long bearish treand  of  Bitcoin does not mean, Bitcoin is dead, Thou I lost  quite over60% of  my portfolio to the bear market trend,the cryptocurrency community is  not a get rich quick platform, the future is positive. Thou I panic at time but glancing through the past price trend  of  BTC,  confidence comes alive.

The lost of found can be so diverstating but we can not deny the fact that this loses are caused by human errors, most a times the exchanges never dime it fit to upgrade their security software and also individuals failing to guide they crypto assets from frauds. But at that we can not deny the fact that the cryptocurrency market have always been so profitable both in 2017 and 2018 till this time the ICO market is also recording some level of success.

As a trader, unfortunately i lost more than i afford but i accept my faults made year ago. ICOs are not my priority anymore due to same reasons behind bear market. Scam projects are looking for tricky methods for attracting more victims and investor confidence index is less than 10% imho.

My story can be hilarious and stupid. I know Cryptocurrency through online Gambling and Betting websites. Most of my money put into Crypto disappears in bets or rolling times. A button and I lost a lot of money and didn't have any money withdrawn.

But ICO is still a preferred option for me. You may not have participated in really successful ICOs in 2018 like holo or XYO. This is 2 ICO I have joined and made a lot of profits. ICO has never been hot, and it's more amazing than you think.

my first goal is clear to be able to get revenue, by selling and buying bitcoin. until now there is no other purpose, maybe you have other goals that are different from mine?

For me,i have joined several ICOs but only few of them have paid well.I've realized it is very important to know the ICO well or else it will only turn as a scam and all our efforts will only be worthless.For now,i'm still into some good ICOs because they are still giving me some profits.Maybe i'll do trading once the market turns green again.

where there are always criminals. if we ever feel cheated, this can not make us understand more about the mode that is always used, so far, bitcoin business people are rarely exposed to similar cases, so we are always careful to examine things that are considered suspicious, so we should report it to the authorities. do not easily believe in something that offers high profits without spending large capital.

you mean mining ? there are two types of them . one is cloud mining and other is normal mining   . i believe cloud mining you are refering with , because almost all of them are doing a scam exits  . popular cloud mining sites are also getting shady because many users do have alot of complaint to them  but if you will be mining coins all by your self i think you will be more safe because no one can scam you  .  you are the one that make your profit   .


yes . you cant just joined any ico's  that you see online because not all are legit but most of them frauds  .


oh good for you because you still manage to choose a good one and you do continue earning on them despite of the dump market condition .


this is the best time to do trades because the coins are still cheap and that does not also mean that thier sell price is cheaper . of course you can still sell them for a higher price  after doing some tricks's

Maybe now people don't have any choice beside join ICOs because market still not good to do trade. But as a result, developers not think about market or maybe develope their project after listed on market anymore. After get big money, they will develop their project as they want.

you say "now" as if it is a new thing!
this has been going on for as long as altcoin market existed. there are people who aim to make money from thin air, to do that they have to put the least amount of effort into creating a useless coin and then sell it to the gullible newbies who pay for anything. you saw it in 2017 and partly 2018 in the form of ICOs but that is only one form of this type of scam. before it was something else and soon there will be a new form.
and as long as people idiotically give their money to them, they will continue coming back.

Because ICO is in a completely free growth environment, unrestrained, will naturally let many "bad seed" projects drill holes. Popularly speaking, it is the project that first calls some well-known people into the market as "bankers". In fact, the project is not perfect at all. It can not develop "bad seeds". With the platform of spokesperson, many retail investors will enter the market. When a certain scale of retail investors are gathered, they can "cut leek". Before cutting leek, the banker had already stopped, and the pot was full of money.



Such a cycle, there are four or six do not understand the entry of retail investors, ICO rich a few, most of them still lose money, or give money to bankers and enterprises.



The reason is still a very simple sentence: few investors have the ability to really understand the block chain project, ICO investment has a very serious information asymmetry.



"Bad Seed" company disturbed the pot of ICO soup, so that the main theme became: ICO is just a high-tech enterprises and celebrities endorsement of the money game, nothing to participate in ~!

They were only millionaires on paper, because they did not sell the coins to be millionaires. <or used it>  ;)  A lot of them still have those coins, so they might become Billionaires in the future, if they use or sell those coins when the price recover.

An investor has to make difficult decisions to become successful and not selling everything when the price is at a all time high is one of them. Most of us have a long-term hoarding strategy and nobody knows if this will be successful or not, but we are willing to take the risk for a possible huge reward.

Do you want to be a Millionaire or a multi-millionaire? It is your choice.  ;)   

I had some losses due to crypto gambling, lending and trading if I were to combine these three it would add up to 2 BTC(estimate). Bitcoin was still cheap few years ago I remember the price slowly rising from $300 to $600 when I started losing. Even though I lost some BTC i've already moved on from the past and plan on staying until the end.

Am I reading it correctly BTC15,000? or BTC15  Either way it's an insane amount to lose.

until now I have never lost, because I did not buy the token via ico and only bought cryptocurrency through an exchange with a long-term investment, but I have not yet bought a cryptocurrency, because it will still drop at the lowest

I lost money with falling crypto prices, but I wasn't too pessimistic about that. The loss problem I experienced, I prefer to call it profit delayed, and I still think that in the future there will be a recovery so that there is an opportunity to make a profit.

The price drop does not mean that one has lost a lot. If you think about the coins only, they still have the same amount of coins now when compared to the coins they had when the price almost reached $20,000. So this means they did not actually lose anything unless they sold it for cheaper value.
Fortunately i haven't lost (not counting the price drop or anything related to that) anything so far. Never fell for a huge scam or didn't lose any coin on an exchange.

Well am yet to loose my funds in cryptocurrency probably because I don't leave my funds on an exchange when ever am not trading
And I avoid purchasing a token from an initial coin offering

Yes, these situations are unfortunate and I've lost my money so badly.. Let me explain how I lost my money i buy altcoin bought and $ 100 thousand fell to 28000 dollars,  then I bought from Astorgame ico  buy token ( 1 bitcoin = 15.000 usd )  The project has been asleep for 1 year...  And I lost my last $ 10 thousand on leveraged sites... Finish.

I did not lose, but the decline in crypto prices made the profit opportunity narrower, and I would be more patient in enduring waiting for conditions to recover.

 won a lot last year, we have lost this year..   Bitcoin even fell, some subcoins in my hands made a lot of damage. I guess it is now  dream to win. it's hard to make money on these terms. I would like to congratulate them if someone made money this year.

in 2018 honestly, I lost almost half of my investment and it made me a little frustrated and also lost a little bit of confidence in the ICO.

Well the first and only time I lot my fund on cryptocurrency was as a result of scam.
I registered and bought a token that ended up to be a scam the project team went away with our funds

I do not think that this is an accurate statement.

Losing money as an investment is not consider losing unless you sell the asset you are holding, right now my portfolio is in big -% USD but it still has the same amount of Crypto it had before since I never sold any of my holdings so I still not consider myself in loss unless I sell, for example if I have 1 BTC  before the huge downtrend I still have 1 BTC now nothing changed for me.

I had some losses at the begininig when I first started dealing with Bitcoin. I made some wrong judgements and bad investments but I've learned my lesson. This was years ago and know I'm much more careful. Also, I never invest in ICOs, for me this is the waist of time and money and almost definite road to accumulate loss. But don't forget that when you active deal with Bitcoin and cryptocurrencies sooner or later the loss will come, the question is only in what extend and how fast and successful you can recover it.

I hope that you can achieve your dream and start building your dream home sooner or later. I believe that bitcoin will increase again, we just need to be more patient and to never give up with this crypto, because I think the future will be based on crypto, so I have still the hope for that. In my case, I think my I didn't take a good decision to cash out when bitcoin in the top in December 2017, maybe it's a bad thing, but also it can be a good thing if bitcoin will increase more  than 20k$ in the next few years.

I believe my first lost was during the time of bitconnect I think why the down fall of BITCONNECT was due to government regulations that made many loss their funds I wasn't excluded in the loss.

But 2018 is already over and ahead of us is not a positive development in crypto. The dark streak cant last forever, soon it will come bright times and now they are close.

I think if you never sold your coins, you do not lose but if you sold the coins, you lose some money especially in this bear market. You never know until how much the price will drop, and it's better to use this time to buy any coins while it's at a low price. And if I were you, I will spend small money to buy potential coins. But before I bought one or two coins, I will research to see if I have a chance or not to make a profit in the future.

LOL, good for you, you only lost a little amount compared to me. ;D I think I lost more than $10,000 to $11,000 US dollars investing on a new Crypto Currency way back at early 2018 when the price of Bitcoin is still, I think the price is around $15,000 to $17,000 US dollars when I invested. Today if I sell that coin that I bought it is around $300 US dollars and lost 97% of my investment if I will sell it now. But I won't sell it now because I'll hodl it until it recovers back(I wish it will). :)

I make big mistake with many ICO failed and lost my money at crypto and altcoin trading, I can't control my soul when have I should sell my asset, many time I faced the smae problem with my attitude where keep holding my asset trading after raised about 20% of profit, I keep holding because I think price could be higher, but I was wrong price dump and lower I miss getting profit with my trading asset.

The initial goal of people is to make an investment and they want to make a profit but indeed as a risk we can lose our funds. and this in my opinion is a natural thing. the offer given is quite large and also with the risk

I don't know but I feel very lucky when it comes to hacking. Before Bitgrail have done the hack or exit scam, I managed to withdraw all my funds there and now in Cryptopia, where I sold all my tokens before it happened. But still the sad part is I sold all of them with huge losses.

When the price of bitcoin began to grow much high, my crypto portfolio value to increased making me to dream big. When I thought of making my dream come to reality the market began to crash. From the crash it hasn't recovered big, waiting for the market recovery which is predicted to take place within the year end. 2020 assure a big profiting as halving is scheduled.

In my opinion, if I don't sell with lost, I'm fine.
Yes, I'm sorry now that I bought so many altcoins but it's learning process, I guess.
Now, I just hold my btc and other crypto and at for the price increase.
Any way, it's long term game, guys!

first start of year i lost around $5000 in Bitconnect(BCC) Exit scam,then i lost some funds in ICO.But currently i am holding till next bull run.2018 really bad year for crypto. :-[

Last year we saw many scam projects coming out and there was a coordinate effort from a big number of users advertising the shit out of those projects and many people invested in those thinking those are legit projects and even i lost my money in some and i stopped investing in anything right now because of those experience, none of the ICO are legit from what i see, they just collect money and do nothing, billions have being lost in funds in the past few years and it is a scary situation as you can hear the news of a hacks left and right.

i wouldn't really say it was a "coordinated" effort to advertise those shitcoins. those people who were advertising these tokens were also newbies themselves who were just as misled by the advertisements as everyone else. they were just desperate and wanted to make some money.

I just want to earn an income in crypto, through trading methods there might be other things for some business people that are more than just profits. but for me the important thing is to get a profit.

For the sudden dip downfall of the Bitcoin crypto market, I have lost my dream home, which I planned to use my Bitcoin for that and happed a year ago. But now, I am still hoping that my dream for a home gets fulfilled.

What makes me lose the most money is the bitcoin market. Since the decline, I have been almost completely empty

Yes you are right many ico going to failed and I have many lost funds for my investment ico.It has also been true many ICO scams in the year 2018.so now i see one think is the most trustful it's trading.its our daily profit ability compare so we need try it also now this time.

I suffered a loss in trading for the panic and carelessness that I did, but with that I was able to learn to be patient and calm with changes in market conditions.

I just lost a reasonable amount of money in BTC to a scammer. He claimed he has a mining farm where investors can invest and make some profits every week. I sent my investment through blockchain .com on the 9th February and till now he claimed that my money did not reach his wallet. I sent the TX which confirmed that the transaction was successful what he did next was to remove me from his Whatsapp group.

Sad story but you learned to spot scammer with this experience. In order to stay away from scammers you need to do your "homework" before investing to idea/project/site. Mining profits decreased drastically with market downtrend and profits are not covering the costs caused by mining farms. Good old days are gone and noone is offering such deals if there is no interest coincidence.

I lost funds only 1 time when I invested in some ICO.Unfortunately, they turned out to be scammers.I never made that mistake again.In General, it is difficult to say.I lost something and found something.

Lost since I entered crypto - no, I went in early enough.
Lost since ATH - yep, I cashed out a decent amount but you can't time the exact top and sell everything there. Just not possible.
But I always look on the bright side, and I'm bullish. Maybe we will drop a bit lower, but if we do, I have the money I previously cashed out ready and waiting...  ;D

Lol. Mine was spending $20 in subscribing telegram signal groups which is not always giving precise predictions. And I've lost my funds in some gambling sites which makes me feel uneasy and useless. Anyway, I still managed to get back what I've lose and now I am not entering such events or subscribing any groups carelessly and hastily.

I have lost found in several project in the past few months toward the second quarter of the year 2018 I invested in an ICO which have not made it to the exchange uptil now and team is no longer communicating in they various channels, and again I hard 1 ethereuem when the price was above $1000 and before I know it it price collapse down to below $200 at present but I will continue to hodle for the future.

Money is the most renewable resource on the planet, so I don’t think it will be worth it because of the loss of profits.

You just have to go on and earn more.

In loss issue last 2018 I am free from that. Because that time I already leave crypto activity like trading. I focused on bounty campaign. I have loss but only small amount of capital like internet bill expenses and cellular loads because most of campaign manager did not pay every campaign token that participants that must receive because maybe they was already loss also because of bitcoin's price.

I haven't no lost of funds,, only time,, because im wait faithfully, even many temptation to exchange may token to less price because the price down tremendously last year 2018. This kind of business and work need courage and patience. If you learn how to wait you haven't no lost in your fund, just saying.

This bear market hammered me a lot. I lost more than 90% of my portfolio and above to this I have only received around $200 as bounty reward since July2018. Many of bounty projects I joined as turned scams and the rewards which I received in 1 -2 project lost their value after hitting exchanges.
In late 2017 payment from bounty projects was awesome, it was much much more than my salary, I did not feel lack of money that time, this bear trend took it all.

-I've lost $50 due to a paypal chargeback, thought I could trust the guy but I was wrong :(

-Lost a decent amount of money on ICOs, was tired of sitting on the sidelines and watching those projects do 20x in a short amount of time.

-lost a small amount betting on sports

in this case, we have all felt the same way. where the decline in profits that occurred in 2017-2018. many people pass that opportunity. but, right now, I don't want to think about it, and continue to correct the mistakes I've made. well, maybe some ICO isn't very profitable. however, some of the right ICOs still provide good profits, although not as well as the previous year.

I already lose some of my investment coins but gladly, I don't sell them right now. I cannot remember how much I lose, I don't calculate too details. But I still believe that all of my lose will be change in this year or in the next year because cryptocurrency will get a bull market later so I don't think that I will still lose in the future. Holding some altcoin is pain but we have a chance to see it increase again so even we are lose now, it doesn't mean we still lose for the next year.