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doctor877
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March 06, 2016, 09:32:05 PM |
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The worst mistake I made was when I was buying a large amount of bitcoins but it was high priced.
I thought the price would be go much higher but it lowered so that was a huge mistake to invest on that time.
Yes, but we cannot call it as a mistake as the price keeps on moving up and down, and we cannot predict what is the best price to buy, but now the only thing you can do to recover your loss is to hold it until the price skyrockets. |
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"With e-currency based on cryptographic proof, without the need to
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effortless." -- Satoshi
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tn211
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March 06, 2016, 09:58:12 PM |
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I have made many mistakes with Bitcoin. First of all, I bought 4 Bitcoins when the price went up to $1000. I also gambled away 0.7 Bitcoins, I am a very stupid person.
At least you didn't put them in mtgox right? I traded away 2 bitcoins within 10 minutes on a bad altcoin trade, that sucked pretty hard but nothing like mtgox. Gox was really bad. It hit me quite hard. Over 1 bitcoin was lost. At that time bitcoin was 1k so yes it really hurt me. Hope it will never again to anyone. It's really a bad feelings when you lose 1k of your hard earned money. |
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Bitinity
Legendary
 Offline
Activity: 3052
Merit: 1311
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March 06, 2016, 10:09:11 PM |
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My worst mistake was when I put my btc on doubler site, I was so greedy at that time. First I put 0.25 then I got 0.5 in return but I invested all the 0.5 in order to get 1btc but in fact the site run away and scammed many people  |
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Hashminers
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March 06, 2016, 10:27:14 PM |
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My worst mistake was when I put my btc on doubler site, I was so greedy at that time. First I put 0.25 then I got 0.5 in return but I invested all the 0.5 in order to get 1btc but in fact the site run away and scammed many people I think we all did this. In a way we were hoping that the ponzi did collapse after we get paid. I did the same but only lost 10 litcoins |
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Nomad88
Legendary
Offline
Activity: 1568
Merit: 1268
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March 06, 2016, 10:30:55 PM |
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I have made many mistakes with Bitcoin. First of all, I bought 4 Bitcoins when the price went up to $1000. I also gambled away 0.7 Bitcoins, I am a very stupid person.
At least you didn't put them in mtgox right? I traded away 2 bitcoins within 10 minutes on a bad altcoin trade, that sucked pretty hard but nothing like mtgox. Gox was really bad. It hit me quite hard. Over 1 bitcoin was lost. At that time bitcoin was 1k so yes it really hurt me. Hope it will never again to anyone. It's really a bad feelings when you lose 1k of your hard earned money. I wasn`t part of bitcoin world yet when this terrible thing happened with Gox. However i have some friends around me who stopped using bitcoin after loosing their bitcoins on Gox. Of course it is nothing to do with with bitcoin itself but i think they just generally got so sad and frustrated. I hope nothing like that will ever happen again. It must be very hard to loose your valuable investments in anyway. |
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bitbabba
Sr. Member
Offline
Activity: 348
Merit: 250
The Exchange for EOS Community
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March 06, 2016, 10:58:56 PM |
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The worst mistake was that I didn't start to mine them in 2013 when I first heard of them!
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cle
Newbie
Offline
Activity: 24
Merit: 0
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March 06, 2016, 11:08:56 PM |
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Definitely selling my KNC Jupiter when there was a spike in hashing... this was back in early 2014 IIRC.
Should have held on for a while longer - especially given that soon after I sold my Jupiter, I ended up having free electricity for a year.
Damnit.
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ajun96
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March 06, 2016, 11:26:28 PM |
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quote author=doublemore link=topic=1129534.msg14118519#msg14118519 date=1457298666] I have made many mistakes with Bitcoin. First of all, I bought 4 Bitcoins when the price went up to $1000. I also gambled away 0.7 Bitcoins, I am a very stupid person.
At least you didn't put them in mtgox right? I traded away 2 bitcoins within 10 minutes on a bad altcoin trade, that sucked pretty hard but nothing like mtgox. [/quote] he is gamble not a trade mate. so he certainly avoid mt GOX. hear your story. how can you lose 2 BTC of exchange altcoin? is it you doing wrong in buying altcoin? or altcoin be dead and disappeared. it often happens to traders mate  |
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DOGE12321
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March 06, 2016, 11:48:09 PM |
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the biggest mistake for me.
i havent had any major mistakes because i just started this bticoin thing. Um but a few mistakes i know is gambling 0.3 BTC in one go and losing it.i feel sorry for that guy.
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Nemesis099
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March 07, 2016, 01:56:22 AM |
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The worst mistake made by me was I didn't invest at the right time when my friend told me to invest when the price was around $100 as I felt that it is ponzi and I am taking risk by investing my money into it.
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Yakamoto
Legendary
Offline
Activity: 1218
Merit: 1007
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March 07, 2016, 01:59:40 AM |
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The worst mistake made by me was I didn't invest at the right time when my friend told me to invest when the price was around $100 as I felt that it is ponzi and I am taking risk by investing my money into it.
I'm not trying to be rude to you specifically with this comment, but it seems like there are a lot of people who don't really understand the meaning of a ponzi scheme. A ponzi scheme requires a buy-in with more people buying in followed y more people buying in below it. Regardless, I'm glad to see that you eventually decided to enter the Bitcoin economy. |
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monsanto
Legendary
Offline
Activity: 1241
Merit: 1005
..like bright metal on a sullen ground.
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March 07, 2016, 02:58:06 AM |
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The worst mistake made by me was I didn't invest at the right time when my friend told me to invest when the price was around $100 as I felt that it is ponzi and I am taking risk by investing my money into it.
I'm not trying to be rude to you specifically with this comment, but it seems like there are a lot of people who don't really understand the meaning of a ponzi scheme. A ponzi scheme requires a buy-in with more people buying in followed y more people buying in below it. Regardless, I'm glad to see that you eventually decided to enter the Bitcoin economy. You're absolutely right, bitcoin is not a ponzi scheme... it's a pyramid scheme  |
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n0ne
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March 07, 2016, 03:17:12 AM |
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I haven't shown interest in earning bitcoin early days. After a long time only after reading its tremendous growth once again involved in it. If I could have joined when I heard this for the first I could have had atleast 50 bitcoins in my wallet
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pneumatic5
Full Member
Offline
Activity: 238
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
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March 07, 2016, 03:22:24 AM |
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I haven't shown interest in earning bitcoin early days. After a long time only after reading its tremendous growth once again involved in it. If I could have joined when I heard this for the first I could have had atleast 50 bitcoins in my wallet
That's the mistake many of us would have done, that we didn't invest or enter the bitcoin world at the right time, but the best thing is that now we are in, and we know how to make money out of it. |
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btccashacc
Legendary
Offline
Activity: 1120
Merit: 1000
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March 07, 2016, 06:14:43 AM |
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I haven't shown interest in earning bitcoin early days. After a long time only after reading its tremendous growth once again involved in it. If I could have joined when I heard this for the first I could have had atleast 50 bitcoins in my wallet
That's the mistake many of us would have done, that we didn't invest or enter the bitcoin world at the right time, but the best thing is that now we are in, and we know how to make money out of it. We're not late, I think we still an early adopter, I strongly believe that bitcoin's price will be hit 1k $ again or even more, all we have to do just keep earning and invest or trading as much as you can, and stored them for long term investment I think it's pretty safe |
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qiwoman2
Legendary
Offline
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
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March 07, 2016, 07:26:54 AM |
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Worst mistakes I ever made was not buying bitcoin when it was one buck because I wasn't nerdy enough to get into the concept and also not selling an altcoin when it would have made me 42 bitcoins and I sold it on the way down for 12 bitcoins and bitcoin then was at 1k usd. I still made 11 bitcoins profit and with that money I managed to buy us the two plane tickets to emigrate to Europe but still losing 30 bitcoins was stupid lol. |
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eternalgloom
Legendary
Offline
Activity: 1792
Merit: 1283
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March 07, 2016, 07:35:59 AM |
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I have made many mistakes with Bitcoin. First of all, I bought 4 Bitcoins when the price went up to $1000. I also gambled away 0.7 Bitcoins, I am a very stupid person.
At least you didn't put them in mtgox right? I traded away 2 bitcoins within 10 minutes on a bad altcoin trade, that sucked pretty hard but nothing like mtgox. he is gamble not a trade mate. so he certainly avoid mt GOX. hear your story. how can you lose 2 BTC of exchange altcoin? is it you doing wrong in buying altcoin? or altcoin be dead and disappeared. it often happens to traders mate Haha, yeah that Gox fiasco was pretty bad for everyone involved, I'm just glad I started out with Kraken because I saw it advertised on Blockchain.info  Never used Gox and I'm very glad for that.. |
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DeDordtenaar
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March 07, 2016, 08:29:05 AM |
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The worst mistake made by me was I didn't invest at the right time when my friend told me to invest when the price was around $100 as I felt that it is ponzi and I am taking risk by investing my money into it.
Ponzi is very risky because the owner wants to cheat. and do not let you join at the age of the site is already quite old. because of course the site will be turned into a scam. |
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Wapinter
Legendary
Offline
Activity: 2632
Merit: 1026
Hire me for Bounty Management
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March 07, 2016, 10:22:49 AM |
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The worst mistake made by me was I didn't invest at the right time when my friend told me to invest when the price was around $100 as I felt that it is ponzi and I am taking risk by investing my money into it.
Ponzi is very risky because the owner wants to cheat. and do not let you join at the age of the site is already quite old. because of course the site will be turned into a scam. Yes but no site tells you beforehand that it is ponzi and should not be invested in.Unless they scam and runaway with precious Bitcoin of their users,it is not easy to spot ponzi.Investment should be done after a careful analysis |
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Oscoda
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March 07, 2016, 10:44:23 AM |
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The worst mistake made by me was I didn't invest at the right time when my friend told me to invest when the price was around $100 as I felt that it is ponzi and I am taking risk by investing my money into it.
Ponzi is very risky because the owner wants to cheat. and do not let you join at the age of the site is already quite old. because of course the site will be turned into a scam. Yes but no site tells you beforehand that it is ponzi and should not be invested in.Unless they scam and runaway with precious Bitcoin of their users,it is not easy to spot ponzi.Investment should be done after a careful analysis The worst mistake that can be made is that you buy it and that you sell it for a low price I think. Its not good if that happens. But I hope later that more people will have just patience and sell it at the right moment. That will be good. |
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