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Author Topic: Biggest personal bitcoin loss  (Read 8734 times)
Gufeng
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May 04, 2018, 01:29:23 PM
 #141

There is absolutely no reason to freak out since eventually we will see the bitcoin getting back to its stability and start hitting its peak.
richmcrich
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May 05, 2018, 11:09:17 AM
 #142

There is absolutely no reason to freak out since eventually we will see the bitcoin getting back to its stability and start hitting its peak.
If dip is what freaks out someone then I think he should first learn about bitcoin A to Z. this is a very basic fact about not only just bitcoin but the whole digital market that it bears a volatile nature which means there will be fluctuation including positive and negative ones, from time to time. This is the essence of bitcoin that its price changes the most allowing to gain tremendous profits.
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May 05, 2018, 08:16:35 PM
 #143

The only time I've had any bitcoin losses were because of my own stupidity, most of them which I earned back very quickly, so it didn't affect me much when my btc recovered. My biggest personal loss was 5 btc, I invested in the wrong altcoins.
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May 05, 2018, 08:53:53 PM
 #144

I would never forget a case with that gyu, who (according to the story) have bought a single pizza for 10.000BTC, this is loss...
mimienamphine
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May 05, 2018, 09:00:40 PM
 #145

Well I have not bought bitcoin yet but I know friends who missed the opportunity to own huge amount of coins when bitcoin was very affordable.Today most of them have regretted big time for not enrolling on the bitcoin opportunity when it was presented to them way back in 2009.Now all those people are serious and want to own bitcoin.

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May 06, 2018, 05:47:43 PM
 #146

i've lost money with bitcoin.  Part of dealing with any sort of new technology is to manage risk, so none of my losses were crippling or particularly unexpected.So among the ways that I've lost money:
.. MtGox owes me about USD 200.
..i've probably lost on the order of a few hundreds dollars over the last month trading bitcoin. 
Gufeng
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May 08, 2018, 09:00:10 AM
 #147

I have started to trade currency a while ago and I understood one important thing which is staying away from being overly emotional when you deal with the market.
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May 08, 2018, 12:26:46 PM
 #148

I am not sure if I am putting this in the right section.

Anyway, what are some of your guys biggest bitcoin losses?  Did many people here loss everything with Mtcox?  For me it is online casinos.  I do have a moderate gambling habit so it was bound to happen.  Cry
Maybe some people must have experienced the same mistakes, lost some btc. I think it's not bad because with mistakes we can learn from it. Is losing 0.75BTC a big loss when bet on europe cup yesterday?
developer101dev
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May 08, 2018, 12:29:55 PM
 #149

I am not sure if I am putting this in the right section.

Anyway, what are some of your guys biggest bitcoin losses?  Did many people here loss everything with Mtcox?  For me it is online casinos.  I do have a moderate gambling habit so it was bound to happen.  Cry

I never experience to lose a huge amount of profit but only just a few, let say we cannot handle the pressure in the market because of the volatility so it was normal sometimes to sell your coins at its lowest price because of your doubt if it will increase again or not.
julzcoinbit
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May 08, 2018, 09:27:42 PM
 #150

I am not sure if I am putting this in the right section.

Anyway, what are some of your guys biggest bitcoin losses?  Did many people here loss everything with Mtcox?  For me it is online casinos.  I do have a moderate gambling habit so it was bound to happen.  Cry

I never experience to lose a huge amount of profit but only just a few, let say we cannot handle the pressure in the market because of the volatility so it was normal sometimes to sell your coins at its lowest price because of your doubt if it will increase again or not.

Yeah and since we cannot predict the market of crypto currency that's why sometines we dump our coin because we think It Is the maximum level of Its market or we mean to target that value In order to dump. So far, I don't have yet experience those biggest loose In bitcoin, but I hope It won't be happen on to me In the near future.
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May 08, 2018, 09:55:07 PM
 #151

My biggest bitcoin loss was around 0.6 BTC only. Let me share my experience. I was so broke by the time I received my coin and I'm unable to transfer it to Yobit because I don't have enough. I waited for my next pay day. Finally, I bought some ETH and transferred my coin to yobit. It only took 3 days for the value to go down by almost 75%. I should have gotten more if I have ETH the moment I receive my coin. I already learned my lesson and this will not happen again. BTW, holding that coin will be a bad decision because of the poor product.

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Ishiro5
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May 08, 2018, 10:42:18 PM
 #152

Oh my earlier days in bitcoin and investment made me lose to lots of hyip websites
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May 10, 2018, 03:19:09 PM
 #153

I still remember my biggest losses and it was something that was extreme. I have lost my entire capital in my initial days of trading just because I wanted to earn a maximum profit and I blindly followed the tips given by "someone from the exchange chatbox". It was the worst trade technique and it deserved 100% loss but that period taught me a very good lesson and today, I never invest in anything without doing research and understanding it.
Yurkov
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May 10, 2018, 03:20:28 PM
 #154

I am not sure if I am putting this in the right section.

Anyway, what are some of your guys biggest bitcoin losses?  Did many people here loss everything with Mtcox?  For me it is online casinos.  I do have a moderate gambling habit so it was bound to happen.  Cry
Maybe not bitcoin but i had some not good decisions when i put my money and i was not patient but every lose give you some lesson, since than i am more patient and i always believe in my moves.

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May 10, 2018, 03:43:52 PM
 #155

My biggest loss in bitcoin was i send my bitcoin into a site that can doubled it but after that i never retrieve my bitcoin back and that was my first time using bitcoin i was trying to explore new thing's in order to doubled my income and that happens i got scammed.
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May 10, 2018, 04:08:18 PM
 #156

My biggest Bitcoin loss was 0.12 BTC some month ago by sending them to a wrong address  Grin

That's terrible, in my own experience I have been in the state that I panic sell the 20k of my tokens and eventually few days after the price in the market increase up to ten times, and I really regret that part that patience is really a virtue that when you wait you can actually have the best thing to recieve, my parents keep saying that it's fine the money that I've got is enough for an ordinary person like me to achieve they keep my spirit alive even though it was really a regretful scenario for me since I know I deserve a better amount since i have work for that.

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May 10, 2018, 08:07:15 PM
 #157

Lucky for me i didn't make any big losses. However i always check the address 10 times when I am about to send some coins. There is still some fear when you read the stories about people losing coins for sending to the wrong address Smiley.

Gufeng
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May 11, 2018, 10:17:41 AM
 #158

Such things as computers, technology and especially the Internet are able to change our emotional statement. But I am pretty sure even if the bitcoin hits its highest point I would not have tears of hapiness.
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May 12, 2018, 06:38:01 AM
 #159

Lucky for me i didn't make any big losses. However i always check the address 10 times when I am about to send some coins. There is still some fear when you read the stories about people losing coins for sending to the wrong address Smiley.
It is a big mistake for us to hold such a large amount of money every time we trade. Be careful, look and check the address several times before moving. Many people have lost money because of their carelessness.
crzy
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May 12, 2018, 07:12:54 AM
 #160

Well, i have some paper losses but its not come from my own pocket since I started here with zero capital and now I'm still making a good shot here in cryptoworld.

Oh my earlier days in bitcoin and investment made me lose to lots of hyip websites

It's normal to incur some loses, you can actually learn from it and do better in the future.
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