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Author Topic: Worst mistake you did with Bitcoin?  (Read 135183 times)
Bud Spencer
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November 12, 2015, 07:41:28 AM
 #621

I invested in cryptoboose.xyz, (i think that was the url) and I lost 0.1 btc that way.

So sad.....  Sad
Benedek_Horvath
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November 12, 2015, 07:55:10 AM
 #622

Investing in ponzies
agustina2
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November 12, 2015, 08:35:23 AM
 #623

Why others considered worst mistake when they buy at high then suddenly the price down. It is not meant and intentional. We can't predict price so it's ok. But of course to help you somehow with your problem about when to buy and when to sell, read some speculations. Yes they are all 100% not accurate but somehow have basis.
DashCoinDark
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November 12, 2015, 08:40:35 AM
 #624

Not buying enough bitcoins when the price was really low

and for not believing how good bitcoin would turn out to be and not believing how good of an investment it would've been
lorylore
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November 12, 2015, 08:53:12 AM
 #625

when btc is cheap and end up i spend like 20btc on a mining company to buy the shares. end up it is worth 0.2btc now. still holding on to it as it pays very pathetic btc dividends like 0.01 btc every 3 months.
yenxz
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November 12, 2015, 08:58:24 AM
 #626

my worst mistake is not kep bitcoin for a long time,i always sell it when i have little much  Angry
lorylore
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November 12, 2015, 09:10:04 AM
 #627

my worst mistake is not kep bitcoin for a long time,i always sell it when i have little much  Angry

well not ur fault. it is very hard to hold on to it and sell it at the perfect peak. we all end up selling it too early or it just never drop and keep increaing.
YuginKadoya
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November 12, 2015, 09:57:34 AM
 #628

my worst mistake is not kep bitcoin for a long time,i always sell it when i have little much  Angry

well not ur fault. it is very hard to hold on to it and sell it at the perfect peak. we all end up selling it too early or it just never drop and keep increaing.

Yup! technically you will never know when bitcoin will reach it's peak, even there are so much speculation about it your only choice is predicting when it will go up or down, but if you make a right decision you can earn from it and make a much income!
Bit_Happy
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November 12, 2015, 04:41:14 PM
 #629

In 2010, I somehow landed at a site selling quantities of Bitcoin for 5 cents each ($0.05/btc), payment through Paypal.
I had never heard of Bitcoins before, and a crude little chart showed the prices had recently gone up 10x (1000%), so they appeared to be really expensive compared to earlier in the year. I was a bit tempted, but did not come close to buying any.
LOL...  ?

Laosai
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November 12, 2015, 04:45:49 PM
 #630

my worst mistake is not kep bitcoin for a long time,i always sell it when i have little much  Angry

I don't think that's a mistake since you still make use of it and not wasting it, probably you'll regret more if you'll keep bitcoin for a long time Roll Eyes

Amph
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November 12, 2015, 05:15:22 PM
 #631

my worst mistake is not kep bitcoin for a long time,i always sell it when i have little much  Angry

well if you need it for emergencies in real life that's fine, if you're spending it for fear that's not, and if you're buying with it useless stuff that's also bad
nerFohanzo
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November 12, 2015, 05:42:04 PM
 #632

Not buying enough bitcoins when the price was really low

and for not believing how good bitcoin would turn out to be and not believing how good of an investment it would've been

That is  the mistake that we all have done that we didn't buy bitcoins when the price was really low and the reason behind it is that we didn't had faith in bitcoins at the initial stage and we just got carried away by the news displayed by press and media as we are influenced by them and we had a feeling that bitcoins will survive for a longer time.
ilovealtcoins
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November 12, 2015, 05:45:37 PM
 #633

My two worst mistakes were:

1. Not getting into Bitcoin when I first heard about it (it was really, really cheap)

2. Gambling away .5 BTC right before it hit it's peak (~1 month), then selling the other .5 for ~$50

I'd like to believe that I'm smarter now, but I have no idea.
Battareus
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November 12, 2015, 05:50:37 PM
 #634

wasting time and money trading altcoins
Me too but back in 2013 was possible to make money on alts, in 2014 I lost everything in altcoins =//
Bit_Happy
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November 12, 2015, 06:01:31 PM
 #635

....

..I'd like to believe that I'm smarter now, but I have no idea.

Does the username 'ilovealtcoins' seal your fate related to Bitcoin success?   Tongue

ilovealtcoins
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November 12, 2015, 06:11:34 PM
 #636

....

..I'd like to believe that I'm smarter now, but I have no idea.

Does the username 'ilovealtcoins' seal your fate related to Bitcoin success?   Tongue

You'd think that, but back in 2013 a lot of people loved altcoins  Grin
nzk0
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November 12, 2015, 06:12:25 PM
 #637

I mined a whole bitcoin back when they were worth pennies and didn't save the wallet address Sad
jacktheking (OP)
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November 13, 2015, 05:41:51 AM
 #638

In 2010, I somehow landed at a site selling quantities of Bitcoin for 5 cents each ($0.05/btc), payment through Paypal.
I had never heard of Bitcoins before, and a crude little chart showed the prices had recently gone up 10x (1000%), so they appeared to be really expensive compared to earlier in the year. I was a bit tempted, but did not come close to buying any.
LOL...  ?

Yes. Laughing out loud. If you know that Bitcoin average rate would be more than 100 USD you will buy it. The sad thing is you dont know.

My two worst mistakes were:

1. Not getting into Bitcoin when I first heard about it (it was really, really cheap)

2. Gambling away .5 BTC right before it hit it's peak (~1 month), then selling the other .5 for ~$50

I'd like to believe that I'm smarter now, but I have no idea.

Learning from a two mistakes made you a smarter person. Right before it hit peak? What is the peak - 100?

I mined a whole bitcoin back when they were worth pennies and didn't save the wallet address Sad

Welcome to Bitcointalk. I hope that you will not forgot this forums account and come back in 2016 saying I could be a Hero Member by now. :/.

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!
Sandroxa
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November 13, 2015, 08:38:25 AM
 #639

Not getting into it sooner

I'm new to this and feel like I could've had much more knowlegde about btc when it first came out and also could've been making profits by now
ajrah
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November 13, 2015, 08:53:32 AM
 #640

I guess worst mistake I made with Bitcoin as now is Buy at $420 rate and Sell at $310, I panicked when I see BTC-USD is close to $300 and now it's going over $350 Sad

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