vrm86
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September 12, 2015, 10:58:33 PM |
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Mining 1,1 BTC with Radeon 6950 (took about 8-12 hours) then sold for about 5$. 2Q 2011 :p
The difficulty at that time was lower , it was cheap at that time. I consider a mistake that i haven't invested in hardware mining few years before. I don't remember the exact details, also price was fluctuating a lot that days.In the middle of 2011 the first serious bitcoin bubble poped and I sold some BTCs @40$ in panic
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jt byte
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September 12, 2015, 11:04:37 PM |
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Mining 1,1 BTC with Radeon 6950 (took about 8-12 hours) then sold for about 5$. 2Q 2011 :p
The difficulty at that time was lower , it was cheap at that time. I consider a mistake that i haven't invested in hardware mining few years before. I don't remember the exact details, also price was fluctuating a lot that days.In the middle of 2011 the first serious bitcoin bubble poped and I sold some BTCs @40$ in panic In 2011 the price of computers especially graphic cards (in your case Readon 6950) was extremely expensive. But panic forces you to sell at lower price . Hope this will never happen again.
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Laosai
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September 13, 2015, 03:40:07 AM |
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i am sure im not the only one with this mistake, the worst mistake i did with bitcoin is selling it when the price go down , i panicked that time and i really regret it
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pjsonowal
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September 13, 2015, 03:49:59 AM |
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I wqs playing oambling on luckyb.it at 0.002 BTCper bet on red line.... I wanted to change fees and wanted to add another 0 in fees and mistakely i added it in. Amount and went on losing 0.02 BTC
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rkandrades
Sr. Member
Offline
Activity: 392
Merit: 251
Bitcoin Faucet & Blog
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September 13, 2015, 04:45:36 AM |
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i am sure im not the only one with this mistake, the worst mistake i did with bitcoin is selling it when the price go down , i panicked that time and i really regret it
I did this mistake recently too. ;(
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klf
Legendary
Offline
Activity: 1344
Merit: 1000
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September 13, 2015, 05:59:33 AM |
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My worse mistake was i buy a cloud mining contract. Never invest high amounts of BTC in things like cloud mining and ponzi schemes.
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smith coins
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September 13, 2015, 12:04:05 PM |
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My worse mistake was i buy a cloud mining contract. Never invest high amounts of BTC in things like cloud mining and ponzi schemes.
Which cloud mining did you invested in? I invested in btc-flow and only got half of my investment.
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sakira
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September 13, 2015, 12:21:50 PM |
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playing investing in hyip and I tried my first direct investment with a fairly large value, then they scam
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phibay
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September 13, 2015, 12:51:38 PM |
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playing investing in hyip and I tried my first direct investment with a fairly large value, then they scam same mistake. i wasn't aware that time of how HYIP and ponzi works, all i know is that i will invest to the site and i will get guaranteed returns + high profit but i was wrong all the time , i invested a large amount i can do and lose it all when the site turned scam. that was the biggest mistake i did with bitcoin (so far )
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sakira
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September 13, 2015, 01:00:07 PM |
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playing investing in hyip and I tried my first direct investment with a fairly large value, then they scam same mistake. i wasn't aware that time of how HYIP and ponzi works, all i know is that i will invest to the site and i will get guaranteed returns + high profit but i was wrong all the time , i invested a large amount i can do and lose it all when the site turned scam. that was the biggest mistake i did with bitcoin (so far ) yes i also used to not know how to invest hyip work, because I see the results of other people who could multiply the money in a short time. but it does not work well on me
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martyme
Newbie
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Activity: 1
Merit: 0
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September 13, 2015, 02:56:26 PM |
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Waste my time on faucets and gambling bitcoin on a site with bad reputation or didnt pay
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ashour
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September 13, 2015, 03:20:24 PM |
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I have done many bitcoin mistakes such investing into alt coins scams, but my worst mistake was when I once sent around 1 btc to the wrong address. Always double check the address before sending any bitcoin.
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rkandrades
Sr. Member
Offline
Activity: 392
Merit: 251
Bitcoin Faucet & Blog
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September 13, 2015, 04:41:02 PM |
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I have done many bitcoin mistakes such investing into alt coins scams, but my worst mistake was when I once sent around 1 btc to the wrong address. Always double check the address before sending any bitcoin.
1 BTC??? Shit! It's very bad... :/
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confirmation120
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September 13, 2015, 06:02:10 PM |
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playing investing in hyip and I tried my first direct investment with a fairly large value, then they scam same mistake. i wasn't aware that time of how HYIP and ponzi works, all i know is that i will invest to the site and i will get guaranteed returns + high profit but i was wrong all the time , i invested a large amount i can do and lose it all when the site turned scam. that was the biggest mistake i did with bitcoin (so far ) We had the same mistakes , LOL. I think there are more like us made the same mistake and we should make a club haha. Due to my greed and being naive, I was also scammed by ponzis
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Hugroll
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September 13, 2015, 06:21:51 PM |
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worst mistake was ignoring btc back in 2010. Seemed cool and all but i saw people saying its a scam and wont get very far, and i listened to them.
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harizen
Legendary
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Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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September 13, 2015, 07:30:07 PM |
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Another worst mistake I did with my beloved bitcoin is the Scrypt.cc saga way back on my first journey in bitcoin last March this year. Why it's a mistake? You already know but good thing I get back my ROI. I only invested a small amount there but that amount was big enough for me that time since I don't have an idea in signature campaign and only rely on faucets way back then.
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Kairoz
Newbie
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Activity: 53
Merit: 0
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September 13, 2015, 09:05:54 PM |
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Not be an early adopter. I heard about bitcoins around 2010. Too bad, I was 14, didn't understand anything.
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BNO
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September 13, 2015, 10:47:10 PM Last edit: September 14, 2015, 01:27:10 PM by BNO |
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My 3 biggest mistakes were all in the year 2011. I went through the hassles to buy bitcoin back then. And i played it agressively invested a pretty large sum for me. Mistake here? 3 Things:
1. I thought that bitcoin is a pump and dump sheme. So i got mentally totally prepared to sell it. I didn't really trust Mtgox but thought they had a professional trading plattform. So when btc started falling from 30$ i pressed the sell button, but my order was not going through so i was hammering my keyboard, beeing total in awe for about 10min (worst 10min of my life) when the order finally got through i was totally goxed. To believe that Mtgox had a professional trading engine was a big mistake.. Today when i think about it i can only laugh that i thought --something-- could have been professional about Mtgox... After that i really added this on my mental list of trading risks: when trading underground plattforms, do not expect that you are able to sell any minute you want to.
2. In the then falling market i did something you should never do: I tried daytrade and make some of my losses back, result: more losses.
3. After bitcoin then in 2011 fell, i thought "well that's the end of this pump and dump". I was clever enough to make myself an Outlook reminder for 6 Months later to check prices again - but it didn't help. I looked at the chart mumbled something about "well it stabilized, but i don't know" and forgot about it. If i had have been checking this 3 months later or so, i would have made the investment of my life so far.
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The thinking that has led us to this point will not lead beyond - Albert Einstein
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killerjoegreece
Legendary
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Activity: 1680
Merit: 1010
Professional Native Greek Translator (2000+ done)
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September 14, 2015, 12:52:33 PM |
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What's the worst mistake you did with your Bitcoin? It can vary from starting to use Bitcoin to buying dumped Altcoin to gambling.
The worst mistake I made with Bitcoin is... Buying cloud mining hashrate. I bought 0.02 GH/s CEX.IO hash rate voucher at SEOClerk for $2 USD - or maybe $1 USD. I thought with 0.02 GH/s, I would be making a profit in half a year.. And I was wrong.
Well, I bought using the free five dollars coupon. So that does not count as making a mistake with Bitcoin. However, the slow profit lead me to buying hashing power from CEX.IO and later on.. ZeusHash using the Bitcoin I earned from signature campaign.. Again, I thought I would be making profit in a few months. Till today, I'm sure I have not make any profit from both the company yet. CEX.IO stopped their cloud mining operation and.. ZeusHash.. What do you think.?
i have said it before and i will say it again. most cloud mining companies are not to be trusted. you cant even really tell if they are mining or not.
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dollarneed
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September 14, 2015, 01:21:31 PM |
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Not be an early adopter. I heard about bitcoins around 2010. Too bad, I was 14, didn't understand anything.
hei mate we have the same age 2010 you've heard about bitcoin? its so cool in 2010 i dont even know about paypal lol i realize that i was not an early adopter,but who knows 5 years latter 1 bitcoin is $ 10k or more who knows
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