Worst mistake you did with Bitcoin?

[btc-facebook]

Worst mistake the I made. Is by joining Golden Cow 

That's also happen to me. I've been scammed about BTC 0.06 and that's the worst mistake I've ever done when I know bitcoin.
Since that incident, I'm never invest to any other investment site although they said legit. Better gamble it away ( chance of winning ) rather than invest it away ( chance of got scam (

[favdesu]

Worst mistake? I stored 3 bitcoin on inputs.io. A hard lesson learned... that's the worst. at least I never sent bitcoin to a keyless address

[aakashsangwan]

My worst mistakes are lot of them  , first i invested in HashProfit.com site but given instruction for reinvesting instead of withdraw after six months the site got deleted. second time i used to play gambling in lot of sites, with strategy and guessin, but same thing at the last lost my full bankroll above 1btc., which i earned hard through faucets.

[smith coins]

For now, the worst has been investing 0.02 in a HYP then the site dissapeared.

Also have lost some (but less) investing on cloud mining sites.

May i know which HYIP was that? Most of them pay in their beginning but after a time they start scamming.

[favdesu]

My worst mistakes are lot of them  , first i invested in HashProfit.com site but given instruction for reinvesting instead of withdraw after six months the site got deleted. second time i used to play gambling in lot of sites, with strategy and guessin, but same thing at the last lost my full bankroll above 1btc., which i earned hard through faucets.

wait what. you earned 1 btc through faucets? I guess in the early times of bitcoin?

[zircon]

My worst mistake(s)

1. Buying mining equipment instead of bitcoins. So I bought a computer first with 2 x 6990 ATI Radeon, which was cool as nobody knew wtf was gonna happen to bitcoin anyway. SO if it all came crashing down I would still have at least a cool gaming machine

2. I then mined on MtRed and left 20 bitcoins in there. THey shot up in value, and MtRed folded suspiciously. I only got 10 Btc out. 10 BTC gone

3. Then when ASIC race was on I bought 7 ASIC machines from Tom....luckily, as planned, on credit card. No way was I gonna send Bitcoin. As it happened they folded, I reversed the transaction (about 8000USD) and I got most of my money back minus interest. If I had bought 8000USD worth of Bitcoin then I would not be an employee anymore lol. THink I would have about 1000 btc right now. Not the world of a fortune but enough to "retire" and do my own thing safely.

4. I've done something else but cannot recall right now. Probably scarred for life lol.

5 Oh yeah and I left a couple of bitcoins on Blockchain. I go and check and exactly one Bitcoin is one. Freaking weird. Got them in a safe place now. Still don't know what happened.

[maokoto]

My worst mistakes are lot of them  , first i invested in HashProfit.com site but given instruction for reinvesting instead of withdraw after six months the site got deleted. second time i used to play gambling in lot of sites, with strategy and guessin, but same thing at the last lost my full bankroll above 1btc., which i earned hard through faucets.

wait what. you earned 1 btc through faucets? I guess in the early times of bitcoin?

I guess so. It is very very hard to get one full BTC by faucets only. Doing 150.000 satoshis a day (which takes much fauceting) it would take about 1 year and 10-11 months to get just 1 BTC.

[xhoneyael]

My worst mistake(s)

1. Buying mining equipment instead of bitcoins. So I bought a computer first with 2 x 6990 ATI Radeon, which was cool as nobody knew wtf was gonna happen to bitcoin anyway. SO if it all came crashing down I would still have at least a cool gaming machine

2. I then mined on MtRed and left 20 bitcoins in there. THey shot up in value, and MtRed folded suspiciously. I only got 10 Btc out. 10 BTC gone

3. Then when ASIC race was on I bought 7 ASIC machines from Tom....luckily, as planned, on credit card. No way was I gonna send Bitcoin. As it happened they folded, I reversed the transaction (about 8000USD) and I got most of my money back minus interest. If I had bought 8000USD worth of Bitcoin then I would not be an employee anymore lol. THink I would have about 1000 btc right now. Not the world of a fortune but enough to "retire" and do my own thing safely.

4. I've done something else but cannot recall right now. Probably scarred for life lol.

5 Oh yeah and I left a couple of bitcoins on Blockchain. I go and check and exactly one Bitcoin is one. Freaking weird. Got them in a safe place now. Still don't know what happened.

i agree that its better to buy than to mine.. i also experience this   

[harizen]

i agree that its better to buy than to mine.. i also experience this   

Especially in those countries that have high rates on the electricity consumption like here in PH. Mining here is not profitable even if you use some alternative electricity source so much better to buy bitcoins with those money that will you invest in your mining plan.

[smith coins]

My worst mistake(s)

1. Buying mining equipment instead of bitcoins. So I bought a computer first with 2 x 6990 ATI Radeon, which was cool as nobody knew wtf was gonna happen to bitcoin anyway. SO if it all came crashing down I would still have at least a cool gaming machine

2. I then mined on MtRed and left 20 bitcoins in there. THey shot up in value, and MtRed folded suspiciously. I only got 10 Btc out. 10 BTC gone

3. Then when ASIC race was on I bought 7 ASIC machines from Tom....luckily, as planned, on credit card. No way was I gonna send Bitcoin. As it happened they folded, I reversed the transaction (about 8000USD) and I got most of my money back minus interest. If I had bought 8000USD worth of Bitcoin then I would not be an employee anymore lol. THink I would have about 1000 btc right now. Not the world of a fortune but enough to "retire" and do my own thing safely.

4. I've done something else but cannot recall right now. Probably scarred for life lol.

5 Oh yeah and I left a couple of bitcoins on Blockchain. I go and check and exactly one Bitcoin is one. Freaking weird. Got them in a safe place now. Still don't know what happened.

The first mistake is very common, better to use that rig for other things, and hopefully 3) you got your money back.

[RustyNomad]

Sending first....

I think that explains everything 

This thread actually makes for a good read to see how others made mistakes so that one can learn from their and not make the same ones.

[jt byte]

Sending first....

I think that explains everything 

This thread actually makes for a good read to see how others made mistakes so that one can learn from their and not make the same ones.

Sending first... is still been used and most of the time not using an escrow is the worst idea. Good point RustyNomad.

[Shibashi Dogemoto]

The worst mistake I did with bitcoins is selling it when the price went down. Panic selling for short.

[kenbytes]

My biggest mistake was selling some bitcoin when I should not

[Habeler876]

I would say that my biggest mistake was to sell bitcoins that i have been stashing for a long time @~200 $, when the price later on jumped to
~250 and later on to ~1200. I couldn't believe my eyes, but the only good trade decision i did was not to rebuy, that would end badly.
I believe most of people made the same mistake here.

[boopy265420]

The worst mistake I did with Bitcoin is playing gambling and lost almost 6 BTC just in minutes.Gambling is addictive and in the end it let you without money.This is biggest mistake I did since I started using Bitcoin.

[jt byte]

I would say that my biggest mistake was to sell bitcoins that i have been stashing for a long time @~200 $, when the price later on jumped to
~250 and later on to ~1200. I couldn't believe my eyes, but the only good trade decision i did was not to rebuy, that would end badly.
I believe most of people made the same mistake here.

Your story is interesting and very useful, not ending buying high and then crying for selling low. Seems you hear for bitcoin for a long time.

[Towlie]

The worst mistake I did with Bitcoin is playing gambling and lost almost 6 BTC just in minutes.Gambling is addictive and in the end it let you without money.This is biggest mistake I did since I started using Bitcoin.

I wouldn't gamble with any money especially not bitcoin. Would prefer to hold. I;m not sure what my biggest mistake is. I guess everyone says they should have bought more but the profit wouldn't have been that good for me as the price currently stands.

[smith coins]

The worst mistake I did with Bitcoin is playing gambling and lost almost 6 BTC just in minutes.Gambling is addictive and in the end it let you without money.This is biggest mistake I did since I started using Bitcoin.

Lost 6BTC just in minutes? Really? That's the worst thing that i hear recently, have you left the gambling so?

[tommorisonwebdesign]

I would say the worst mistake I made was not believing in it when I first heard of it a few years ago. I would have been rich by now.