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Hugroll
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October 31, 2015, 03:01:34 PM |
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my worst mistake was probably buying at a high price. i bought around 1btc when it was worth around $600. i keep making mistakes to this date because i didnt buy any btc 2weeks ago when the price was around 250   |
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yakelbtc
Full Member
 Offline
Activity: 140
Merit: 100
0x7ae5adbc7a0429a49b6e6ed4a8a89ffbbae6125f
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October 31, 2015, 03:22:33 PM |
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my worst mistake was probably buying at a high price. i bought around 1btc when it was worth around $600. i keep making mistakes to this date because i didnt buy any btc 2weeks ago when the price was around 250 You can still by bitcoin to make average Down,keep buying in lower than your average so that later you have gain and hold it long time, |
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aakashsangwan
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October 31, 2015, 03:36:50 PM |
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my worst mistake was when i invested in hashprofit for mining and reinvesting the daily profit of mining and at last the site closed and scammed, another mistake was played casino and lost the balance saving, now i am just gathering the bitcoins, no other work.
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delliaerd
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November 08, 2015, 01:02:43 AM |
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i remember that i once send my bitcoins to a wrong address when i made a bet
You should be careful to canvass the address next time because it deeply felt loss. |
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Blue_Tiger73
Member
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Activity: 112
Merit: 10
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November 08, 2015, 01:08:21 AM |
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My worst mistake was buying really crap altcoins. A lot of my friends told me to invest in altcoins and I lost quite a bit of money from this. I also did quite a bit of gambling and this also lost me a lot of money.
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virtualx
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November 08, 2015, 01:12:16 AM |
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I didn't do any mistakes yet  |
...loteo...
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BE A MOON VISITOR! |
[/center] |
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makcik
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November 08, 2015, 01:57:01 PM |
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I haven't been using bitcoins for long time. So, I haven't done or found any mistakes with bitcoins yet.
I haven't also seen others doing any mistake. But, there are some things which I think are done wrong with bitcoins, these aren't mistakes but these are evil-minded things which are so much frustrating.
(1) Usage of bitcoins for dealing drugs-- usage of drugs isn't good that's an understood thing but it's trade continues worldwide illegally.
(2) For porn industries-- now, porn is banned in many countries, so dealing in local currency is an open invitation to police. So, bitcoins have become their currency for payment. Now, there aren't mistakes, but they must be stopped as they are detaining the name of BTC.
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croato
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November 08, 2015, 05:38:05 PM |
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I have sold some Bitcoins at $300ish before week or so. Bought at $200ish so i make good profit but i could do lot better.
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xdrpx
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November 08, 2015, 05:49:45 PM |
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The worst I can remember was while I was trading Bitcoins and later the price increased. I remember moving them to what is called uphold now, and locked my funds there to prevent volatility, but later noticed the price rose a bit. It wasn't much of a loss, but a few dollars in Bitcoin was always worth. Trading always has it's consequences.
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bryant.coleman
Legendary
Offline
Activity: 3654
Merit: 1217
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November 08, 2015, 07:00:52 PM |
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I have sold some Bitcoins at $300ish before week or so. Bought at $200ish so i make good profit but i could do lot better.
I sold most of my coins when the exchange rate was going on at $220-240. The volume was also very large, as I offloaded more than half of my coins. Sold around 20 coins for $4,500. Now the exchange rate is going at $370-380. That means that I lost at least $3,000. Feels bad.. but things like this happen in life quite frequently. |
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Laosai
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November 08, 2015, 07:14:33 PM |
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I have sold some Bitcoins at $300ish before week or so. Bought at $200ish so i make good profit but i could do lot better.
Sounds like irrelevant to topic as the thread was about mistakes and I can see that you made the right thing and made a profit with it. Nice job anyway.  |
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AltcoinInvestor
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November 08, 2015, 07:15:37 PM |
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The worst mistake I ever made was leaving some of my bitcoin in the mtgox exchange.
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croato
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November 08, 2015, 08:34:03 PM |
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I have sold some Bitcoins at $300ish before week or so. Bought at $200ish so i make good profit but i could do lot better.
Sounds like irrelevant to topic as the thread was about mistakes and I can see that you made the right thing and made a profit with it. Nice job anyway. Well, from my point of view it looks like stupid mistake. It was my first try to short Bitcoin and it is failure. Buying back right now and hope that will not lead to another post in this thread lol. I am not some expirienced trader. |
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WillTat4Bitcoin
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November 08, 2015, 08:37:57 PM |
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Back in 2009, i messed with bitcoin a little.... Didn't keep up with it, lost 400+ coins somewhere on a old computer. |
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BitcoinBlackjack
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November 09, 2015, 03:20:05 AM |
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Gambled away a few btc when the price was at its peak, and then went ahead and repurchased them at the highest price.
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jacktheking (OP)
Legendary
Offline
Activity: 1484
Merit: 1001
Personal Text Space Not For Sale
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November 09, 2015, 04:06:38 AM |
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my worst mistake was when i invested in hashprofit for mining and reinvesting the daily profit of mining and at last the site closed and scammed, another mistake was played casino and lost the balance saving, now i am just gathering the bitcoins, no other work.
HashProfit? I heard of it before but never invested any Bitcoin into it. I hope that this experience will remind you not to invest any Bitcoin (and fiat) into suspicious websites. I also hope that you will regroup your lost Bitcoin soon. Bit-x signature campaign is actually really good and you should be able to regroup them sometime later. My worst mistake was buying really crap altcoins. A lot of my friends told me to invest in altcoins and I lost quite a bit of money from this. I also did quite a bit of gambling and this also lost me a lot of money.
Haha. I also tried to invest in Altcoin. For the first few days, I gained some profit. The next few days, I lost more than I gained. I am not going to buy and sell Altcoin for profit anymore. I am just going to buy and hold Altcoin which I believe that the price will increase, for instance Hyper. |
So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.
Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!
Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
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bill gator
Legendary
Offline
Activity: 1372
Merit: 1123
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November 09, 2015, 04:18:36 AM |
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The worst mistake I have ever made with bitcoin is not holding onto the hundreds that I had at one time. I ceased my usage of bitcoin for a couple years and really missed out on a good chunk of cash.
I have learned my lesson and I'm building my stash back up slowly, but I'll never forgive myself for missing out on a small fortune.
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Shibashi Dogemoto
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November 09, 2015, 07:09:00 AM |
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Many years ago, i read an article about bitcoin and tried to mine some with my old pc... This was near the beginning of the bitcoin revolution... I cannot even remember if i found any blocks, but i'm sure i don't have the wallet anymore (the pc i used to mine is long gone... probably stripped apart for precious metals). If i would have continued to mine, and helt my coins untill they reached $1000+/ BTC, i would have been rich... Well, it's not really a mistake, just a case of not being able to look into the future  |
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nickaizoku
Sr. Member
Offline
Activity: 308
Merit: 250
❃ CyberNick ❃
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November 09, 2015, 07:11:11 AM |
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didn't withdraw it to paypal. is mistake i ever made, end up lose it all on gambling with in 1 night. so next time people.. when have some bitcoin just keep it or exchange it to paypal to prevent urself gamble it away. worst mistake.  |
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Boelens
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November 09, 2015, 07:15:50 AM |
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I've made a multitude of mis-investments over the years, which is a shame but I still got out of BTC with a nice profit overall. I cashed out a decent amount of my bitcoin right before a major price increase, could've had 7k$. I also pulled out my shares in that one big mining company ages ago, which I forgot the name of. The shares did something ridiclous like triple in price and I could've had a lot of money from that.
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