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Author Topic: Worst mistake you did with Bitcoin?  (Read 135038 times)
madonnino
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July 27, 2015, 07:09:13 AM
 #181

my worst mistake with bitcoin, was stop mining because I slowed down the computer and i'm talking about end of 2010 beginning of 2011, now I could have many BTCS, but it's gone
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eXpl0sive
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July 27, 2015, 07:16:32 AM
 #182

I once lost 0.1 BTC into a Bitcoin Ponzi.

Other than that I don't think I've made any bad decisions so far. I hold some altcoins, though. If they fall to zero, that would be a bad investment.

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July 27, 2015, 07:21:06 AM
 #183

Im takes long time for me to move on, because Im invested all my money at the time, waking up to start from zero again it difficult right?
Yeah, gambling is fine as long you didn't use all of your money. Maybe just spare some, small, amount, play for fun if your "gambler" comes back!
Yeah, but its so difficult bro, if you won gambling, altough small win,  You will be interested to bet with a larger amount, its true right ?

it's true. learning when to stop when you're on the top is really hard. you'll always want to earn more, which may lead you to lose all of your money.

it's far easier just to stop gambling for good IMO

learning to stop ironically it's easy when you win and harder when you lose, because you want to win at least one time before stopping your gambling

the hit and run tactics is the best in this enviroment
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July 27, 2015, 07:36:07 AM
 #184

I did not big mistake with Bitcoin yet. And I hope it will continue. Only think is that I did not jump earlier as I had good reference which I did not followed Sad
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July 27, 2015, 08:41:15 AM
 #185

Buying arround 600 coins from a friend back in 2011.
Losing my intrest after a couple of months, and thereby losing my private keys...
I cried like a child when Bitcoin was all over the news at the end of 2013...

Next mistake, stepping back into Bicoin at a rate of $ 750 :/

Meanwhile I've learned a lot, and no way I am losing my coins ever again....
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July 27, 2015, 09:03:20 AM
 #186

Im takes long time for me to move on, because Im invested all my money at the time, waking up to start from zero again it difficult right?
Yeah, gambling is fine as long you didn't use all of your money. Maybe just spare some, small, amount, play for fun if your "gambler" comes back!
Yeah, but its so difficult bro, if you won gambling, altough small win,  You will be interested to bet with a larger amount, its true right ?

it's true. learning when to stop when you're on the top is really hard. you'll always want to earn more, which may lead you to lose all of your money.

it's far easier just to stop gambling for good IMO

Believe it or not the brains of people anticipating a win at the roulette table appear to react much like those taking euphoria like we consumed some drugs.
This is where, in terms of suicidal tendencies, gambling addiction leaves the pack.
“If you stop drinking, you can still go get a job,”
“But once you’ve got a gambling debt twice your annual income" it’s hard to come back from that
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July 27, 2015, 10:11:30 AM
 #187

My biggest mistake was giving out thousands of bitcoins to friends, when they were worth nothing. Gave away at least 15k coins lol
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July 27, 2015, 10:15:09 AM
 #188

I'm newbie on bitcoin
But my worst mistake was when i invested in an trading sites with all bitcoin that i have and bought a lot of KHS with high price but suddenly the it's prices get very down and i lost most of my bitcoin that i woked hard for a moth to collect them.
Searing
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July 27, 2015, 10:22:42 AM
 #189



 April 12th 2013 got some ASIC equipment that week. Was told at least the 5gh Jally I would get by the end of that month. Soon after it was the
 'in 2 weeks" (tm bfl) line.
 Finally got a refund on all my stuff 1 year and 20 days later due to xfering it in desperation with a fee to the monarch units (or else on the 65mm
 stuff I would have not seen most of it till the following year) Smiley

  The xfer at the time did not work out for the orig Jally (I was not gonna xfer it to cloud mining on their promise) and I got that orig Jally on
  Halloween Oct 31st 2013. Sold it on Ebay promptly for about 1/2 of what I paid for it. But honest to god....when BFL was still taking phone
  calls and answering their emails on that April 12th 2013 1st order of mine, I WAS told (not maybe) but TOLD I would have it by the end of the month.

  Perhaps it was an enthusiastic employee that mis-spoke ..but the 'stonewalling and such' happened soon after.

  I still mark it with a sense of pride at being the 2nd person banned from BFL Chat for bringing up the possiblity (Aug 2013) THAT they had "no real'
  product and it was all a big stall to use our pre-order $$$ to mine themselves and all the other stuff that eventually was found out to be true.

  Anyway Rocky Raccoon was the first guy banned for the same reasons....then I guess a mess of folk were banned for asking why we were banned Smiley

  Ah...my innocent 'newbie' youth ..a frigging miracle I got my $$$ back (less the 1/2 price lost on the Jally) ...so dumb luck and circumstances is
  all I have to base this on. (and the FTC shutting them down etc)


Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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July 27, 2015, 11:41:02 AM
 #190

My biggest mistake was to play on some gambling sites with 10 btc and lost them in such a short period of time easy by easy in hope to recover the loss.
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July 27, 2015, 11:52:55 AM
 #191

My biggest mistake was to play on some gambling sites with 10 btc and lost them in such a short period of time easy by easy in hope to recover the loss.

10btc Shocked I can't imagined how you guys have the guts of losing that amount. Here in my country I can buy lots of gadgets and high end equipments with that amount Smiley Maybe you guys are all rich .
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July 27, 2015, 12:17:54 PM
 #192

Mine was acting on emotions. Roll Eyes Let me tell you that emotions are the worst when it comes to investments. If you ever feel that you have to invest now in order to not lose a chance... then DONT invest. Let it be. There is no chance big enough to act on emotions. And for the most part these emotions are a bad advice anyway.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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July 27, 2015, 12:34:19 PM
 #193

Luckily it was not a big mistake i did but it was trusting that cloud mining can bring me a profit. Smiley

But when i read what mistakes others did i think iam rather lucky at the end. Cheesy
ajun96
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July 27, 2015, 12:38:11 PM
 #194

my worst mistake with bitcoin, was stop mining because I slowed down the computer and i'm talking about end of 2010 beginning of 2011, now I could have many BTCS, but it's gone

very unfortunate if there are many balances in it, how much balance in it bro ?
aakashsangwan
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July 27, 2015, 12:53:12 PM
 #195

My biggest mistake with bitcoin was not coming into this profession earlier.
But I don't regret it as I was just 12 at that time.  Cool

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July 27, 2015, 03:02:02 PM
Last edit: July 27, 2015, 03:12:04 PM by TQMA
 #196

Mintpal (hacked) + hashprofit (Ponzi)  Angry

Edit: Alphatechnet maybe 50 BTC lost.

R e m e m b e r ,  b e   b i t c o i n e r .
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July 27, 2015, 03:08:57 PM
Last edit: July 29, 2015, 03:44:20 AM by colinistheman
 #197

Biggest mistake: Spending x number of BTC on Butterfly Labs hardware and getting only a fraction back returned to me an entire year later when they failed to deliver. Not to mention the insane amount of wasted time trying to get the refund.

Second biggest mistake: Buying alt coins back in the 2014 frenzy



.
.BIG WINNER!.
[15.00000000 BTC]


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July 27, 2015, 04:42:35 PM
 #198

Quote
Worst mistake you did with Bitcoin?

Not giving it much of attention back in 2012 the very first time I read about it.
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July 27, 2015, 04:48:24 PM
 #199

Mine was acting on emotions. Roll Eyes Let me tell you that emotions are the worst when it comes to investments. If you ever feel that you have to invest now in order to not lose a chance... then DONT invest. Let it be. There is no chance big enough to act on emotions. And for the most part these emotions are a bad advice anyway.

That is a very important lesson. It's also one of the hardest to take on board and implement. If you can put those types of feelings to bed then you're way ahead of most people.
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July 27, 2015, 07:42:34 PM
 #200

*lol* I would say it was that i did not take care enough when i first heard of bitcoins. I probably could be rich. Cheesy






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