co5hike
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September 10, 2016, 12:47:38 PM |
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Fortunately I didn't have any bad episode, wise investments done by me for now.
People do act perfect only when they get enough maturity. But, all the decisions are taken for a good cause unfortunately turning into worst. People so far sharing their experience for their concluded decision, hope your investment is also completed with a better benefit for you. My worst decision was investing into cloud mining by 2013 in CEX site. I lost around 0.01 BTC, then they were very big amount for me because I were earning from faucets only that at the times. Yes, worst decisions will not be possible if you have enough experience and knowledge. But, all the time we cannot be so aware what is going to happen. That is the reason this thread is spreading awareness about people's mistakes to new comers. This thread can be an learning experience for the beginners if they take it in a positive way and not repeat the same mistakes that we have committed in the past.
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Mastsetad
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September 10, 2016, 01:49:49 PM |
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Lost 300 BTC by "investing" in BTCST ....... 300 Bitcoins? Who told you to put all your eggs in one basket? This mostly happens when people don't think before investing somewhere or when they get greedy to earn a lot of money at once and in that hurry they just do it without any research or something about that source they are investing with.
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dezoel
Legendary
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Activity: 2156
Merit: 1081
Leading Crypto Sports Betting & Casino Platform
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September 10, 2016, 01:52:36 PM |
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Lost 300 BTC by "investing" in BTCST ....... 300 Bitcoins? Who told you to put all your eggs in one basket? This mostly happens when people don't think before investing somewhere or when they get greedy to earn a lot of money at once and in that hurry they just do it without any research or something about that source they are investing with. Yeah man its an huge amount to loose, I mean if I loose that amount then I would surely get an heart attack or even I get mad, its better not to put all money in bitcoins as we never know what will be the outcome.
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tyz
Legendary
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Activity: 3360
Merit: 1533
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September 10, 2016, 02:09:17 PM |
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Actually my worst decision about Bitcoin was to sell too early. I started to mine Bitcoin back in 2011. When the price was around $30 I thought it was too overpriced and I sold most of my mined coins. If I would have held it two more years then I would have gotten the price which was worth more than 30th times higher.
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fkvidar
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September 10, 2016, 02:12:33 PM |
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Actually my worst decision about Bitcoin was to sell too early. I started to mine Bitcoin back in 2011. When the price was around $30 I thought it was too overpriced and I sold most of my mined coins. If I would have held it two more years then I would have gotten the price which was worth more than 30th times higher.
Yeah you sold it too early mate, but we were never sure that bitcoin will reach to this level in future and we underestimated the power of bitcoins at that stage or else we would be rich by now.
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Yutikas_11920
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September 10, 2016, 02:12:44 PM |
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Actually my worst decision about Bitcoin was to sell too early. I started to mine Bitcoin back in 2011. When the price was around $30 I thought it was too overpriced and I sold most of my mined coins. If I would have held it two more years then I would have gotten the price which was worth more than 30th times higher.
It was an amazing experience and cannot be forgotten. But the step you are correct ", it's just that fate has not siding with you so that you don't get to enjoy it now. so, continue to strive to realize the dream and our ideals, because only hard work and perseverance with a prayer that can give strength and also the success of the
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Corenin
Legendary
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Activity: 1008
Merit: 1000
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September 10, 2016, 02:54:13 PM |
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Actually my worst decision about Bitcoin was to sell too early. I started to mine Bitcoin back in 2011. When the price was around $30 I thought it was too overpriced and I sold most of my mined coins. If I would have held it two more years then I would have gotten the price which was worth more than 30th times higher.
It was an amazing experience and cannot be forgotten. But the step you are correct ", it's just that fate has not siding with you so that you don't get to enjoy it now. so, continue to strive to realize the dream and our ideals, because only hard work and perseverance with a prayer that can give strength and also the success of the Time that has gone will never come back so instead of regretting about that we should start making efforts to collect as much as we can so in future we don't have to regret again.
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chixka000
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September 10, 2016, 03:41:19 PM |
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i have made alot of bad bitcoin decision from trading to gambling but i think my worst decision was to invest in a mining site which then ran off with all my bitcoin so yeah be careful where you trust your bitcoin i was not smart enough to do that and now i have to pay the price of being scammed.
This is also he reason why do i always keeping my self away from those cloud mining site. It is ok we all do commit mistakes but the thing their is how are you going to take it and learned from and to grow in this industry to become better that's it!
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tampazeus
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September 10, 2016, 03:47:31 PM |
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i have made alot of bad bitcoin decision from trading to gambling but i think my worst decision was to invest in a mining site which then ran off with all my bitcoin so yeah be careful where you trust your bitcoin i was not smart enough to do that and now i have to pay the price of being scammed.
This is also he reason why do i always keeping my self away from those cloud mining site. It is ok we all do commit mistakes but the thing their is how are you going to take it and learned from and to grow in this industry to become better that's it! Each and every user has made wrong decision at least once in a life to invest in cloud mining and gambling and have lost their coins, and now its better to avoid those places to get rid of losses.
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Xester
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September 10, 2016, 04:29:17 PM |
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The worst would be not starting up soon after my friend introduced bitcoins to me. I was not convinced on how she presented it to me. I have so many questions before and then the time comes that I needed an extra money. So I am here now. But if I started before I could have more bitcoins now.
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JumperX
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September 10, 2016, 04:32:31 PM |
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The worst would be not starting up soon after my friend introduced bitcoins to me. I was not convinced on how she presented it to me. I have so many questions before and then the time comes that I needed an extra money. So I am here now. But if I started before I could have more bitcoins now.
Yeah even my friend told me about it when price was $30 but I didn't show any interest in it thinking that it will not survive in long term and it would waste my money too.
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coynedterm
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September 10, 2016, 04:40:56 PM |
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My shorts decision in bitcoin world is to invest in HYPE such as hashocean, bitgain, bitcodaily but the best part in bitcoin world is to invest in coince because that site returned me what they promised. And another worst decision was to buy bitcoin while price was high . And now I m suffering alot and now I want to sell those bitcoin when price will be high.
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crairezx20
Legendary
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Activity: 1638
Merit: 1046
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September 10, 2016, 04:41:04 PM |
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The worst would be not starting up soon after my friend introduced bitcoins to me. I was not convinced on how she presented it to me. I have so many questions before and then the time comes that I needed an extra money. So I am here now. But if I started before I could have more bitcoins now.
Yeah it can be hapen to our live even me i know bitcoin past 2011 but i didnt try to collect bitcoin instead i just ignore it many forumers are saying to me that better to collect bitcoins right now so that you can earn money.. i didn't know the benefits of the price increase that the price of bitcoin will increase more..
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peta4e
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September 10, 2016, 05:31:47 PM |
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The worst would be not starting up soon after my friend introduced bitcoins to me. I was not convinced on how she presented it to me. I have so many questions before and then the time comes that I needed an extra money. So I am here now. But if I started before I could have more bitcoins now.
Yeah it can be hapen to our live even me i know bitcoin past 2011 but i didnt try to collect bitcoin instead i just ignore it many forumers are saying to me that better to collect bitcoins right now so that you can earn money.. i didn't know the benefits of the price increase that the price of bitcoin will increase more.. The fact is we never believed in the potential of bitcoins in the past, and we never thought that it will be holding this higher price in future which hesitated us to put our money into it.
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katrimans
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September 10, 2016, 06:39:57 PM |
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Lost 300 BTC by "investing" in BTCST ....... 300 Bitcoins? Who told you to put all your eggs in one basket? This mostly happens when people don't think before investing somewhere or when they get greedy to earn a lot of money at once and in that hurry they just do it without any research or something about that source they are investing with. It's not that he didn't think. Actually, he did and he thought that it might be profitable to invest them there, which is why he did. 300 btc, there's only about 25% of total bitcoin users that have near that much, and I don't think you invested all of your coins so you probably have some still left.
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awesome31312
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September 10, 2016, 08:26:47 PM |
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My worst decision was having a paper wallet which my roommate binned thinking it was garbage.
Also, using Armory and then quitting, so I would have to download a near 80+ Gigs years later to try and unlock a few mBTC
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Account recovered 08-12-2019
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starmman
Legendary
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Activity: 1484
Merit: 1029
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September 11, 2016, 07:44:55 AM |
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My worst decision was having a paper wallet which my roommate binned thinking it was garbage.
Also, using Armory and then quitting, so I would have to download a near 80+ Gigs years later to try and unlock a few mBTC
Ouch! I guess that's a significant risk of keeping a paper wallet. I like the double edged sword that they are both the most and least secure way of keeping a wallet.
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jonpande
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September 11, 2016, 08:02:11 AM |
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The worst decision I is not buying when the price is still low bitcoin
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chaosknight
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September 11, 2016, 08:07:38 AM |
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Many worst decisions made in the past, investing in doubler/ponzi/hyip/gambling which took away all my savings and left with nothing in my hands, so now I prefer to stay away from those things.
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Fatanut
Legendary
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Activity: 1008
Merit: 1060
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September 11, 2016, 08:13:41 AM |
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The worst decision I is not buying when the price is still low bitcoin
If you don't buy right now, at this moment, you will say that exact same thing a year or two from now. That's a loop that a lot of people are stuck in. In the future, if you don't buy at that moment too, you will regret it again after a year or two. Bitcoin's price will always increase over time because of the halving, new investors joining, more and more companies are starting to accept Bitcoin, and more and more people are starting to like using Bitcoin. So invest now, or you'll regret it again later.
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