Bitcoin worst decision you will ever make?

[Joel_Jantsen]

surely you have experienced the worst decisions when using bitcoin?

then what was the best decision?

The title,thread including the content is totally misleading.Not sure if you want to know the best decision I have taken with bitcoins or the worst.I will give you benefit of the doubt :

>Best Decision : Stopped Paying service taxes on all my primitive Internet Marketing Payouts after switching to bitcoin payments.

>Worst Decision : Invested and lost a good amount of bitcoins while trading altcoins.Never again.

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[Ardenyham]

A Person's worst decision could be the investing bitcoin to an ponzi scam project, on a cloudmining etc..
but I was very possessive with my bitcoins. I never invested so much in any project without proper research and knowledge. so I didn't lost much.
but it didn't mean that I never took any bad decision. I also lost few bucks. but over all this is nothing.

surely you have experienced the worst decisions when using bitcoin?

then what was the best decision?

The worst decision was to keep most of my BTC in an online wallet which I did not hold the private key. Luckily the amount was still consider small and I lost them after the online wallet went offline... Now I keep most of my BTC in offline cold/paper wallets (maybe this is also not a wise decision??)

No. now this one is wise decision you took finally.
saving money on online wallet id not really safe. this thing stated and suggested by so many peoples and so many times. but peoples are still not ready to listen this.

using online wallet like blockchain.info, coinbase and xapo is only good when you are confirm that you'll spend these coins.
but using these wallet for store big bitcoin for long time is worst thing in my openion.

[Rubberduckie]

Worst decision by far was taking 3 bitcoins and putting it in CEX and
watching it slowly grind away as it was never ROI.

Best decision was buying 8.2 btc at $320 in anticipation to the halving then
selling some at $600 some at $650 and the last 2 at $700. Hoping to buy back
in if it drops into the $500's.

[MyBTT]

Mine wasn't that bad, but investing 0.1 into Genesis mining. Im still making a generous 0.000003 a day. It was a great learning experience, I guess.

Worst decision by far was taking 3 bitcoins and putting it in CEX and
watching it slowly grind away as it was never ROI.

Best decision was buying 8.2 btc at $320 in anticipation to the halving then
selling some at $600 some at $650 and the last 2 at $700. Hoping to buy back
in if it drops into the $500's.

Congrats! What did you spend the profits on, if you did buy anything? Or are you going to hold it even further?

[rphk]

worst decision  i made on bitcoin was investing cloud mining sites ,  invested around 0.1 BTC , and cloud mining sites were turned scam that time i was new to bitcoin industry. lesson learnt is invest on legit sites which is promising and best is to earn bitcoin

[Edwardard]

surely you have experienced the worst decisions when using bitcoin?

then what was the best decision?

my worst decision was trading my bits at the wrong time. i sold about 0.6 btc at about 450$ rate and now just after a few months of selling my btc the current btc rate is at 650$. but i think every bitcoiner has suffered from such things. another mistake was gambling some big money and loosing it all. actually i was gone crazy on that day. i did both trading and gambling on that day but nothing came in my favour. and the best desicion.. hmm i cannot remember any best decision which i might have made. lol.

[ObscureBean]

surely you have experienced the worst decisions when using bitcoin?

then what was the best decision?

the worst is i bought bitcoin when its $660 and in the 3 hours later the rate is drop until $651 and in that moment i buy, i don't read anything news or take a look at the charts, i just buy, i don't know why. gezz i only wish in that moment and hope that rate is back and i can sell it to take a little bit profit. and when i login tomorrow, i see that the rate is back in $662, and i directly sold it at that rate. only little profit but i'm happy.

Haha, I totally know what you're talking about, I panic bought and sold so many times when I first got into crypto. I also used to set buy/sell orders before going to sleep and would often wake up to very bad surprises   From time to time though I would make a nice profit, it's a pretty sweet feeling waking up and logging in to see that your order got filled overnight and that your balance is brimming with dollars/coins  

[yolanda222]

My worst thing is to lose because of gambling: D

[Mastsetad]

Best decision was to hold the coins for future when the price wasnt so high maybe it was around $300 or $400 that time.
And bad decision have been to invest in ponzi schemes where i lost a lot of bitcoins when i was new to it, used to work really hard to earn them and losing them on ponzi schemes was really painful.

[Fatanut]

Worst decision was to believe on ponzi sites and think that they would pay me. I was so lazy those days and i want to earn money without doing much effort. The only requirement on HYIP sites is money and I do have some of that. Apparently all HYIP sites and bitcoin doubler sites will eventually become a scam site.

[rio3233]

surely you have experienced the worst decisions when using bitcoin?

then what was the best decision?

The worst decision i make with bitcoin is know about gambling and lose all my bitcoins because gambling, especially on dice sites, it's really cancer dude.

[trickshot22]

My worst thing is to lose because of gambling: D

yeah, gambling usually gives nothing but losses in my opinion, besides that i think that my worst decision was to make an all in bet on dice of 0,3 bitcoins

[randy8777]

to be completely honest, i have never made a bad decision when it comes to bitcoin. i have always managed to buy at the best prices, and to sell at the best prices as a trader. so far i can happily say bitcoin is the best investment tool ever for me.

[extrabyte]

My worst decision was when I put the wrong address for withdrawal, and this happened only once and was a good lesson that when sending to others your bitcoin address be sure to check and recheck many times.

[calkob]

My best decision was to get involved in the 1st place a lot of people are crying cause they new of bitcoin but didnt buy in.....

[avikz]

Why would I make that mistake if I know that it is a mistake. The question should be framed as "the worst mistake you have ever made with bitcoin".

I think selling bitcoin is worst mistake I have ever made. I sold a percentage of my holding in January 2016 when the price was around 450...That's the main mistake I have ever done with bitcoin. I should have saved it instead.

[ChronoLite]

Worst decision i made with my bitcoin is gamble my btc and click wrong button and also i "all in" my bet.
And in the end, i lost on first attempt and didn't get any profit , this never be forgotten on my life.

[BicolIsarog]

I think my worst decision using bitcoin is not to invest it last March 2016 because at that time the price of bitcoin is only 300USD and now you can that the current price of bitcoin is averaging 650-670 USD. Too much regret at this time  

[mehdiktflow]

surely you have experienced the worst decisions when using bitcoin?

then what was the best decision?

sure the worst decision i made till now was following some cloudmining trash and i lot a few money but when i was a newbie
now i try to take the minimun risk in every trade i made

[X-ray]

Worst decision i made with my bitcoin is gamble my btc and click wrong button and also i "all in" my bet.
And in the end, i lost on first attempt and didn't get any profit , this never be forgotten on my life.

it's your worst gambling decision not bitcoin because basically if you're depositing your bitcoin to a gambling site it'll be a gambling balance not bitcoin
so it's actually not a "bitcoin" decision,although that could be used for learning to not going to gamble anything