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Author Topic: Worst mistake you did with Bitcoin?  (Read 135157 times)
isvicre
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September 16, 2015, 07:40:16 PM
 #461

The worst mistake I've done is I bought when Bitcoin was at 1200$ and sold at when it was 180$. Ok, that's 2 different mistakes actually. But the point is I'm very bad at trading Bitcoin. Cheesy
I stopped trading and use buy-hold strategy, since then I accumulated more coins in my stash.

1200 USD is the peak and 180 is the near bottom since the Bitcoin bubble. You buy and sold you Bitcoin at the worst time. Indeed, if this is true, you are very bad at trading Bitcoin. Holding bitcoin for long term and dont be scared by the value should be the best choice for you. I hope you will secure your stash as it sound like it is a lot.

Like I said in my post these 2 mistakes are different. I used to trade Bitcoin very actively. I had great buy and sell orders where I profited a lot of coins. These 2 extreme points show us how hard Bitcoin trading is. Smiley
fkvidar
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September 18, 2015, 10:54:58 PM
 #462

I had an opportunity to buy Bitcoin when it was single digits, but I opted to wait and buy some time later losing that opportunity. A loss of crypto always bothered me 100x more than the loss of dollars
ralle14
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September 19, 2015, 05:42:44 AM
 #463

lost 0.4 btc in an investment i almost invested all my savings i thought
investing was safe at first but i was wrong

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foreveryoung
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September 19, 2015, 07:59:17 AM
 #464

bad invest at scam website,bad trade or buying a scam coins  Angry
bakingbad
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September 19, 2015, 09:06:52 AM
 #465

investing to a hyip from which i did not get at least a small payment, i invested like 0.01
Febo
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September 19, 2015, 06:43:58 PM
 #466

Probably my biggest mistake is that I did almost nothing with/about them.
momore
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September 19, 2015, 07:45:12 PM
 #467

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.?

My worst, was, sent wrong amount, I should send 0.1 but I send 0.3 Cry
Katerinka
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September 19, 2015, 07:52:02 PM
 #468

My only regret is that Bitcoin is not interested in the topic before. It all starts , I throw . Who decided to seriously pursue Bitcoins .

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saturn643
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September 20, 2015, 02:07:18 AM
 #469

my mistake: I did not buy lots when the price of bitcoin was low
MultipliedCombo
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September 20, 2015, 03:27:32 AM
 #470

I spent a really large amount of Bitcoin back in 2012 when 1 BTC was worth a bit under $100. My transaction was worth a couple hundred dollars if we used the more recent Bitcoin prices.

Though, I've heard of some early adopters of Bitcoin spend thousands of them to purchase some things back in 2009 to 2010.

jacktheking (OP)
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September 20, 2015, 03:45:47 AM
 #471

playing investing in hyip and I tried my first direct investment with a fairly large value, then they scam  Angry

That's the reason why hyip = gamble. Both are high risk and not sure what would come out.
Playing hyip same as you throw your money. You will think that you have a strategy to play hyip. But in the end you are too greedy to control yourself because the seductive profit.

Agree. I am a supporter of WeeklyPonzi early this year. The first few time I manage to get back 120% return. However, the next few is terrible. Lost more than I put in. This is why I stopped visiting the gambling section.

My worst mistake when i buy Bitcoins for the first time is 400$ and the price in those days was 320$ round about !  Grin

Where do you bought your Bitcoin from? The person who sold you those Bitcoin at this amount must be very happy. :/.

Shitty altcoins and scammers Sad but I learned a lot. Knowledge is expense.

Yeah. I spent some Bitcoin investing in Altcoin and most of them are unprofitable for me. The only one which I am holding on for long term investment would be 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!
Herbert2020
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September 20, 2015, 04:28:02 AM
 #472

I spent a really large amount of Bitcoin back in 2012 when 1 BTC was worth a bit under $100. My transaction was worth a couple hundred dollars if we used the more recent Bitcoin prices.

Though, I've heard of some early adopters of Bitcoin spend thousands of them to purchase some things back in 2009 to 2010.


yeah, this is my worst fear . on one hand i don't want to spend my coins at all to save up as much as i can so when the price goes up i can have bigger profit.
but on the other hand i want to spend them and also there is always the possibility of price going down. so i am stuck in between and just holding Smiley

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
MultipliedCombo
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September 20, 2015, 04:43:45 AM
 #473

I spent a really large amount of Bitcoin back in 2012 when 1 BTC was worth a bit under $100. My transaction was worth a couple hundred dollars if we used the more recent Bitcoin prices.

Though, I've heard of some early adopters of Bitcoin spend thousands of them to purchase some things back in 2009 to 2010.


yeah, this is my worst fear . on one hand i don't want to spend my coins at all to save up as much as i can so when the price goes up i can have bigger profit.
but on the other hand i want to spend them and also there is always the possibility of price going down. so i am stuck in between and just holding Smiley

Yeah, holding's a good idea, but sometimes I'd hold them for a while, then see something I really want to buy, then spend my Bitcoins on it. In the end, I don't really hold much, but oh well, I s'pose.

tonycamp
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September 20, 2015, 04:47:45 AM
 #474

i invested into scams like clouds mining

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Herbert2020
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September 20, 2015, 05:47:53 AM
 #475

I spent a really large amount of Bitcoin back in 2012 when 1 BTC was worth a bit under $100. My transaction was worth a couple hundred dollars if we used the more recent Bitcoin prices.

Though, I've heard of some early adopters of Bitcoin spend thousands of them to purchase some things back in 2009 to 2010.


yeah, this is my worst fear . on one hand i don't want to spend my coins at all to save up as much as i can so when the price goes up i can have bigger profit.
but on the other hand i want to spend them and also there is always the possibility of price going down. so i am stuck in between and just holding Smiley

Yeah, holding's a good idea, but sometimes I'd hold them for a while, then see something I really want to buy, then spend my Bitcoins on it. In the end, I don't really hold much, but oh well, I s'pose.

that is my plan, at least for the time being. i am planning to hold at least until next year to see how the market is going to be like in the year 2016 and most of all i want to see the effect of block halving on the price which will happen mid 2016.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
vero
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September 20, 2015, 06:05:17 AM
 #476

The worst thing that i did was that i investment 0.1 btc in altcoin and lost everything, But I would definitely recover it that is for sure

NoRespect
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September 20, 2015, 06:09:15 AM
 #477

The worst thing that i did was that i investment 0.1 btc in altcoin and lost everything, But I would definitely recover it that is for sure
wow it's so bad
I also never lost when trading altcoin but only 0.03 btc
kvlolo
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September 20, 2015, 06:39:02 AM
 #478

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.?

My worst, was, sent wrong amount, I should send 0.1 but I send 0.3 Cry

I've also made such silly mistake.

I'm looking for the best way to keep my bitcoins growing.
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September 20, 2015, 07:47:01 AM
 #479

I remember sending like 0.4 btc to the wrong address back when Bitcoin was still at around $1000

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September 20, 2015, 07:52:43 AM
 #480

The worst mistake I made with bitcoin was that i missed the 210 call. It was so bad that I wanted to shoot myself in the foot. Good thing ecoin.eu got my back and caught up with 215 instead. Well, not that bad you think? Not really. I only bought a few coins and again, missed the 215 call and it went up to 227 after I made up my mind of buying a large volume.

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