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Author Topic: Worst mistake you did with Bitcoin?  (Read 135179 times)
aakashsangwan
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August 19, 2015, 05:16:59 PM
 #281

dont be too ambitious to recover, remain patient when playing gambling,
because I ever lost with some of my money in gambling, my ambition is to recover my money, I bet with all my money and think that I will win, but not as expected I lost,
so patient in playing gambling Cheesy
hahaha lol.
Only those people get into gambling who doesn't have any patience and want to make money in much less time.
Gamblers are always the impatient persons.
That's why the gambling sites make money and people loose money but they always think that they can beat the house edge and deposit more after loosing previously but never get money back.
I've seen very rarely that someone say to me that they have made good ROI in gambling.

So let me bust this myth for you! I have made decent returns through gambling and through investments. You can check my profile on Fortunejack to see how much i have made. True, gamblers are sometimes impatient and greedy which is what actually causes their downfall, but not everyone is a hardcore gambler and not everyone is addicted! You can get some decent returns from gambling by setting yourself a target and playing the lower edge games like dice. When people start winning, unfortunately they seem to have a surge of adrenaline which pushes them further and further until they lose everything. So yeah, while most gamblers may be impatient or greedy like you have said, there are some people who are level headed too and make money off casinos.
Yes, I know that.
That's why I said that I've seen rarely that someone say to me that they have made a good ROI in gambling.
And you are one of those rare persons who I met.
Wishing you good luck for future.

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August 19, 2015, 05:22:41 PM
 #282

Worst i did with my bitcoin is buying those steam wallets in which i gain untradable items and become worthless in the end or having an item that have a month of restriction before you can sell it in which the item have no more value.
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August 19, 2015, 05:53:01 PM
 #283

So let me bust this myth for you! I have made decent returns through gambling and through investments. You can check my profile on Fortunejack to see how much i have made. True, gamblers are sometimes impatient and greedy which is what actually causes their downfall, but not everyone is a hardcore gambler and not everyone is addicted! You can get some decent returns from gambling by setting yourself a target and playing the lower edge games like dice. When people start winning, unfortunately they seem to have a surge of adrenaline which pushes them further and further until they lose everything. So yeah, while most gamblers may be impatient or greedy like you have said, there are some people who are level headed too and make money off casinos.
Well every person have their own lucks in gambling, but the experienced one like you has bigger chance to win Smiley Luck wont come into unexperienced gamblers who thinking gamble as their main source of money. Thats why they cant drive their desire to get money patiently, which they just covering their hole by digging new hole. Anyway, its great to hear you have won much bucks. Good luck dude.

 
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August 19, 2015, 07:06:04 PM
 #284

My worst mistake? Probably just wasting so much time grinding for free coins somehow. Faucets. Sites that gave away coins. Anything that meant I was getting money without having to spend my own money.
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August 20, 2015, 01:07:25 AM
 #285

dont be too ambitious to recover, remain patient when playing gambling,
because I ever lost with some of my money in gambling, my ambition is to recover my money, I bet with all my money and think that I will win, but not as expected I lost,
so patient in playing gambling Cheesy
hahaha lol.
Only those people get into gambling who doesn't have any patience and want to make money in much less time.
Gamblers are always the impatient persons.
That's why the gambling sites make money and people loose money but they always think that they can beat the house edge and deposit more after loosing previously but never get money back.
I've seen very rarely that someone say to me that they have made good ROI in gambling.
haha do you think all the players gambling impatient?
patience is always there, if they dont have the patience surely everyone will lose in gambling and no one is gambling,
but the fact that gambling is still there, it means that there are still many people who play
if you dont know who is rich from gambling look for this name in google James Packer,
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August 20, 2015, 02:28:30 AM
 #286

worst mistake is to gamble all of my bitcoin and losing
all of them after that ill just limit myself to gambling

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August 20, 2015, 03:22:08 AM
 #287

So let me bust this myth for you! I have made decent returns through gambling and through investments. You can check my profile on Fortunejack to see how much i have made. True, gamblers are sometimes impatient and greedy which is what actually causes their downfall, but not everyone is a hardcore gambler and not everyone is addicted! You can get some decent returns from gambling by setting yourself a target and playing the lower edge games like dice. When people start winning, unfortunately they seem to have a surge of adrenaline which pushes them further and further until they lose everything. So yeah, while most gamblers may be impatient or greedy like you have said, there are some people who are level headed too and make money off casinos.
Well every person have their own lucks in gambling, but the experienced one like you has bigger chance to win Smiley Luck wont come into unexperienced gamblers who thinking gamble as their main source of money. Thats why they cant drive their desire to get money patiently, which they just covering their hole by digging new hole. Anyway, its great to hear you have won much bucks. Good luck dude.

The whole issue comes down to greed my friend! When people win a bit, they start to think they are invincible, they LET math catch up with them. You need to be able to stop when you win some, if you cannot do this with smaller wins, you sure as hell cannot do it when you win big! Don't always look for the life changing win, it may cause you to lose everything you ever had. Even if i go to a real casino, i set myself a limit, stop loss if you will, once i lose that amount i walk out, otoh, i set myself a stop-win too, when i win so much i leave, irrespective of if i am having amazing luck or not!

There is no sense in fighting to try and win back what you lost and you live to fight another day. Of course, gambling for me is just recreational, i treat it like a night out at the movies or a party, where i would spend the said amount anyways.. so i don't take too much tension if i lose, coz it would have gone anyway!

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August 20, 2015, 03:24:15 AM
 #288

I think the worst mistake for everybody is not buying bitcoin before it hit the all time highs , same for me. but the more specific mistake was gambling on dice sites, because I always lose a lot there.

Only Bitcoin
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August 20, 2015, 03:59:09 AM
 #289

I think the worst mistake for everybody is not buying bitcoin before it hit the all time highs , same for me. but the more specific mistake was gambling on dice sites, because I always lose a lot there.

Spare a thought for the poor guys who bought near the ATH! Also the guy who bought the dominos pizza for 10K bitcoins, even with the bitcoin price severely depressed as it is, he has paid heavily for the pizza!  Grin

IIRC he is still active on Bitcointalk, people think of him as a fool but what he said makes sense, he said that at the time no one was accepting bitcoin, so he tried to drum up some excitement and show the world that bitcoin can indeed be used to buy something tangible.. he never regrets spending 10K btc for the pizza because clearly, at the time, most people didn't even know that Bitcoin existed. To me the father of Bitcoin was satoshi, but the father of driving adoption was laszlo (i think his name was).

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August 20, 2015, 04:19:13 AM
 #290

it was my recent gambling Sad

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August 20, 2015, 04:22:58 AM
 #291

One of my biggest mistakes was thinking that it would be fun to deposit all my bitcoins into just-dice.  Boy, harsh times Sad
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August 20, 2015, 04:23:27 AM
 #292

Spare a thought for the poor guys who bought near the ATH! Also the guy who bought the dominos pizza for 10K bitcoins, even with the bitcoin price severely depressed as it is, he has paid heavily for the pizza!  Grin

IIRC he is still active on Bitcointalk, people think of him as a fool but what he said makes sense, he said that at the time no one was accepting bitcoin, so he tried to drum up some excitement and show the world that bitcoin can indeed be used to buy something tangible.. he never regrets spending 10K btc for the pizza because clearly, at the time, most people didn't even know that Bitcoin existed. To me the father of Bitcoin was satoshi, but the father of driving adoption was laszlo (i think his name was).

Laszlo get's way too much credit. He didn't convince any adoption. He didn't get Dominos to adopt bitcoin. He paid a friend who then called in an order for pizza to be delivered to his house.

That's not adoption!

That's not furthering the cause of Bitcoin!

That's not even buying pizza with Bitcoin! Literally!

If anything this is the first lullaby of Bitcoin - it's a catchy story, but when you think about it there's very little substance to it.

P.S. Laszlo, I love you're name...I have a Grandpa named Laszlo.

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August 20, 2015, 04:52:57 AM
 #293

The whole issue comes down to greed my friend! When people win a bit, they start to think they are invincible, they LET math catch up with them. You need to be able to stop when you win some, if you cannot do this with smaller wins, you sure as hell cannot do it when you win big! Don't always look for the life changing win, it may cause you to lose everything you ever had. Even if i go to a real casino, i set myself a limit, stop loss if you will, once i lose that amount i walk out, otoh, i set myself a stop-win too, when i win so much i leave, irrespective of if i am having amazing luck or not!

There is no sense in fighting to try and win back what you lost and you live to fight another day. Of course, gambling for me is just recreational, i treat it like a night out at the movies or a party, where i would spend the said amount anyways.. so i don't take too much tension if i lose, coz it would have gone anyway!
Well I hope your lesson could open the mind of young gamblers here, what they should do and dont in gambling, so it wont be a mistake again for them to lose their bitcoin. I believe that they who thinking get into gambling as a mistake, still doing that.

 
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August 20, 2015, 05:04:25 AM
 #294

My mistake is when I play hi and lo and lost I lost

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August 20, 2015, 05:11:17 AM
 #295

i have some mistake, but fortunately not yet have lose my btc..
but, when i still teach and read more about btc, and i have some post make spam, and i get banned on my account...
so, for the beginner like me ago, i give up and affraid to try again..
but, cause i think this is i can get money just only.. so,, i try again and learning more, so i can to use bitcoin as easy..
i'm be gratefull to GOD with that.... so i can take the leran from here, dont make spam post, make post qualityfically..

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August 20, 2015, 05:19:58 AM
 #296

I used to say not having bought more but bitcoins are not worth as much as they were so there wouldn't have been that much profit (though I believe in the long term there will be). I'd rather just earn them now instead of buying them with my own money though.

That's True. We have opportunity to earn bitcoins from signature campaign, So it is better to earn rather then buying it, So once you have a good amount of bitcoins in your wallet, there are alternative ways to grow your bitcoins, No doubt can prove to  be a risky while getting into gambling or trading, I have lost 0.2 BTC in gambling, and want to recover it very soon  Angry

recover with what?
with gambling again? it may get you back to lose, Smiley

It can't be denied. That is the fastest way to return your loss, win a big cash or go home with nothing. Have some faith with it and you need to control your emotion when you do gambling, if not you will end up in losing again. Dont try to push your luck too far
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August 20, 2015, 03:49:37 PM
 #297

i have some mistake, but fortunately not yet have lose my btc..
but, when i still teach and read more about btc, and i have some post make spam, and i get banned on my account...
so, for the beginner like me ago, i give up and affraid to try again..
but, cause i think this is i can get money just only.. so,, i try again and learning more, so i can to use bitcoin as easy..
i'm be gratefull to GOD with that.... so i can take the leran from here, dont make spam post, make post qualityfically..
Well I think you have made many good quality post so far, seems the mistake you did in past has taught you Smiley Good job dude, we must always learning from our mistakes.

The bad cannot be solved with the worst. The gambling never give money. The owner of the gambling site always regulate the game or the dices to be 99% winner itself and 1% the customer. In this way the possibility to win the big cash your wondering is so low so cannot be taken in consideration. You will lose all you have and you will go from bad to worst.
Actually I have experienced this many times, which I could recover my losses. But maybe its because I am addicted sport gambler, not dice, so I wont lose my money quickly in that dice site.

 
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aakashsangwan
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August 20, 2015, 04:56:29 PM
 #298

dont be too ambitious to recover, remain patient when playing gambling,
because I ever lost with some of my money in gambling, my ambition is to recover my money, I bet with all my money and think that I will win, but not as expected I lost,
so patient in playing gambling Cheesy
hahaha lol.
Only those people get into gambling who doesn't have any patience and want to make money in much less time.
Gamblers are always the impatient persons.
That's why the gambling sites make money and people loose money but they always think that they can beat the house edge and deposit more after loosing previously but never get money back.
I've seen very rarely that someone say to me that they have made good ROI in gambling.
haha do you think all the players gambling impatient?
patience is always there, if they dont have the patience surely everyone will lose in gambling and no one is gambling,
but the fact that gambling is still there, it means that there are still many people who play
if you dont know who is rich from gambling look for this name in google James Packer,

Yes I also know a handful of players who made a good ROI in gambling.

And I've said the same in above post that "I've seen very rarely that someone say to me that they have made good ROI in gambling."

And the fact that gambling is here because people want to make a quick buck and ends up loosing and the house always laughs and think how stupid these people are. And the casinos and online sites are making money, so daily new casinos and online gambling site are set up.

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August 25, 2015, 08:13:43 AM
 #299


And the fact that gambling is here because people want to make a quick buck and ends up loosing and the house always laughs and think how stupid these people are. And the casinos and online sites are making money, so daily new casinos and online gambling site are set up.

The casinos and online gambling sites are born to earn the money of the others. So don't make sense play on those. You maybe some times can win but at the end of the end you will lose everything: the won money and even your money. So my advice is: away from the online gambling.
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August 25, 2015, 09:14:59 AM
 #300

worst mistake by me lossing of bitcoin wallet that is not backuped by me it big mistak done with bitcoin.
i cannot know how to resolve this problem.
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