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Author Topic: Worst mistake you did with Bitcoin?  (Read 135040 times)
Bloxy
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May 06, 2016, 12:34:51 PM
 #1941

Probably selling it off when it only costed a few dollars.

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May 07, 2016, 03:43:22 AM
 #1942



There is nothing like doubling your coins, if you want to double then you need to put efforts and work hard to achieve it there is no short cut to success.

Yup! there is no such thing as easy in doubling your coins especially when it is bitcoin, you will totally need to work hard, time, knowledge, skill and patient to do this and to do successful trading you will also need all of this in achieving your double coins.

Yes without making efforts you cannot double your coins, many sites promises to double your coins but those all are ponzi so beware of those scammers.

Yup! there are surely a lot of ponzi sites out there that is why you will need to try and study their sites first before letting them have your  money because it will be a trouble if they would end up scamming your bitcoins and then you will feel sorry for what you did!
That ponzi site also is one of the reasons why we lost our money aside from gambling. But I have to differentiate the two in investing ponzi you lost already your chance to gain because mostly they are scam but in gambling you can still have a chance to win even though you chance are lower compared to the house. There it should be ponzi whose the worst mistake in investing our coins.
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May 08, 2016, 10:31:25 PM
 #1943

My biggest mistake was to keep password same everywhere. That resulted me a loss of 0.5 BTC. The second mistake why I didn't recognized its potential earlier.

I hope you do backups of all important data, maybe even the whole harddisc, regularly. Because not doing this is the next big error that happens after having the same password everywhere.

Best ways are keepass for different pass, with storing the keyfile in the cloud, you can even use it on your phone that way. And truecrypt for backups.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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May 09, 2016, 04:57:27 AM
 #1944

My biggest mistake was to keep password same everywhere. That resulted me a loss of 0.5 BTC. The second mistake why I didn't recognized its potential earlier.

I hope you do backups of all important data, maybe even the whole harddisc, regularly. Because not doing this is the next big error that happens after having the same password everywhere.

Best ways are keepass for different pass, with storing the keyfile in the cloud, you can even use it on your phone that way. And truecrypt for backups.
Of course we should secure our important details and using the same password with your different accounts is the laziest thing to do without considering the risk. You can list it in a paper keep it safe inside your house and always do back up either hard or softcopy.
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May 09, 2016, 06:00:38 AM
 #1945

My biggest mistake was to keep password same everywhere. That resulted me a loss of 0.5 BTC. The second mistake why I didn't recognized its potential earlier.

I hope you do backups of all important data, maybe even the whole harddisc, regularly. Because not doing this is the next big error that happens after having the same password everywhere.

Best ways are keepass for different pass, with storing the keyfile in the cloud, you can even use it on your phone that way. And truecrypt for backups.
Of course we should secure our important details and using the same password with your different accounts is the laziest thing to do without considering the risk. You can list it in a paper keep it safe inside your house and always do back up either hard or softcopy.

Actually all of my password is always same and so far is safe until now. Just remember don't download something suspicious and prevent it by download an antivirus.
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May 09, 2016, 06:26:39 AM
 #1946

My biggest mistake was to keep password same everywhere. That resulted me a loss of 0.5 BTC. The second mistake why I didn't recognized its potential earlier.

I hope you do backups of all important data, maybe even the whole harddisc, regularly. Because not doing this is the next big error that happens after having the same password everywhere.

Best ways are keepass for different pass, with storing the keyfile in the cloud, you can even use it on your phone that way. And truecrypt for backups.
Of course we should secure our important details and using the same password with your different accounts is the laziest thing to do without considering the risk. You can list it in a paper keep it safe inside your house and always do back up either hard or softcopy.

Actually all of my password is always same and so far is safe until now. Just remember don't download something suspicious and prevent it by download an antivirus.

Yes this is a good reminder, because there are some offers at services section that offers to visit a site , but much better if you are not familiar with it check it first by using some anti virus software, and if the offer needs to download an application software better not to follow and download that
software.

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May 09, 2016, 08:48:13 AM
 #1947

My worst mistake was I didn't buy it when price was $220 last year and now I am regretting for not acting actively in the past, or else  I would have made good profits by selling it at current price.
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May 09, 2016, 09:13:13 AM
 #1948

My worst mistake was sending bitcoins to wrong address. bought biticoins that left me very expensive because the exchange charge very high fees for after I send wrong wallet. So far I'm angry for losing money. Cry


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HilbillyFred
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May 09, 2016, 09:40:53 AM
 #1949

My biggest mistake was to keep password same everywhere. That resulted me a loss of 0.5 BTC. The second mistake why I didn't recognized its potential earlier.

I hope you do backups of all important data, maybe even the whole harddisc, regularly. Because not doing this is the next big error that happens after having the same password everywhere.

Best ways are keepass for different pass, with storing the keyfile in the cloud, you can even use it on your phone that way. And truecrypt for backups.
Of course we should secure our important details and using the same password with your different accounts is the laziest thing to do without considering the risk. You can list it in a paper keep it safe inside your house and always do back up either hard or softcopy.
There are a lot of people that is making mistake with Bitcoin and that is bad because they are greedy and that is quite bad.
It will be also not that worst if you are making a mistake.
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May 09, 2016, 09:52:32 AM
 #1950

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.?


cloud mining was and will be non-profit .. i made alot of profits on cex.io buying/selling useless hashes Cheesy
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May 09, 2016, 11:22:11 AM
 #1951

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.?


cloud mining was and will be non-profit .. i made alot of profits on cex.io buying/selling useless hashes Cheesy

Cloudmining is all ponzi and may turn scam someday nowing mining now of these days its not profitable to mine and that is The one of my mistake i invest in cloudmining in my newbie stage and turn scam, but thnx to ccex and any trading site i get my my lost slowly in tradings.


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DavidoAlto
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May 09, 2016, 11:29:07 AM
 #1952

The worst mistake what i made was buying a extremely expensive item on the internet with the bitcoin. I never
received my item and bitcoins don't give you any warranty to something what you bought on the internet i have lost
everything.
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May 09, 2016, 01:48:42 PM
 #1953

The worst mistake I made was when the price was still to high I bought some bitcoins. I just could have waited a bit longer for the price to drop but I was impatient and still bought.
It is not that big of a mistake but surely one that I will not be making again.

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May 09, 2016, 06:19:06 PM
 #1954

Of course we should secure our important details and using the same password with your different accounts is the laziest thing to do without considering the risk. You can list it in a paper keep it safe inside your house and always do back up either hard or softcopy.

I don't share the idea that paper copies are the best. I think it is even riskier than digital data. Such paper can be found, there is no lock around it that is as strong as a password. So having the keys safe in multiple areas is the best thing to do in my eyes.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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May 09, 2016, 06:26:21 PM
 #1955

My worst mistake was to sit infront of the computer one week and a bit more and in the result just get 0.7 $ haha yes it was on this site with Aliens. Well, after that I decided to make bigger money just for commenting here or on Metabtc, but it seems like doesn't work anymore.
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May 09, 2016, 07:55:32 PM
 #1956

My worst mistake was I didn't buy it when price was $220 last year and now I am regretting for not acting actively in the past, or else  I would have made good profits by selling it at current price.
yeah, there were a lot of times when i should have bought some bitcoins on the low price and i missed that chance by just being dumb and thinking that the price will not go at all

now i know that i should buy the bitcoins when i have some spare money because sooner or later it always gives me a lot of profit so now im putting all the unused money into it
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May 09, 2016, 07:58:22 PM
 #1957

My worst mistake was I didn't buy it when price was $220 last year and now I am regretting for not acting actively in the past, or else  I would have made good profits by selling it at current price.
yeah, there were a lot of times when i should have bought some bitcoins on the low price and i missed that chance by just being dumb and thinking that the price will not go at all

now i know that i should buy the bitcoins when i have some spare money because sooner or later it always gives me a lot of profit so now im putting all the unused money into it

Yeah that is the right thing to do, as we know that price of bitcoin will go higher in future, so if you have money then you should invest in biticoin irrespective of price.
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May 10, 2016, 02:22:25 AM
 #1958

My worst mistake was I didn't buy it when price was $220 last year and now I am regretting for not acting actively in the past, or else  I would have made good profits by selling it at current price.
yeah, there were a lot of times when i should have bought some bitcoins on the low price and i missed that chance by just being dumb and thinking that the price will not go at all

now i know that i should buy the bitcoins when i have some spare money because sooner or later it always gives me a lot of profit so now im putting all the unused money into it

Yeah that is the right thing to do, as we know that price of bitcoin will go higher in future, so if you have money then you should invest in biticoin irrespective of price.
But make sure you only invest an amount that you can afford to lose, although the trend tells us that the price is good in the future but we never hold the future. So better be safe than sorry, in investing we also gamble so the risk is high. We have to manage the risk.
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May 10, 2016, 05:37:04 AM
 #1959

My worst mistake was I didn't buy it when price was $220 last year and now I am regretting for not acting actively in the past, or else  I would have made good profits by selling it at current price.
yeah, there were a lot of times when i should have bought some bitcoins on the low price and i missed that chance by just being dumb and thinking that the price will not go at all

now i know that i should buy the bitcoins when i have some spare money because sooner or later it always gives me a lot of profit so now im putting all the unused money into it

Yeah that is the right thing to do, as we know that price of bitcoin will go higher in future, so if you have money then you should invest in biticoin irrespective of price.
Rich people see an investment's value drop, buy low, and then sell when it rebounds. The only way this wouldn't be a good thing is if you think Bitcoin is dead, and it is heading down to Ground Zero.
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May 10, 2016, 05:41:14 AM
 #1960

The worst mistake is that I invested some money to the ponzi and expected some good return, but end up losing all of the money. Any investment promising better than normal return is ponzi and should be stepped away from.
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