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Author Topic: WORST decision about BTC  (Read 9175 times)
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September 12, 2016, 04:06:24 PM
 #201

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
The desire never ends and we never know whats the best price to sell, like some of my friends say 600$ is overpriced and I should sell it while my personal feeling say bitcoins will go over 1000$ very soon and even at 1000$ I will not sell more than 33% of my shares in bitcoins.

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September 13, 2016, 05:14:05 AM
 #202

I am sure that the worst choice was not following through on the early days.  I remember at least twice running into Bitcoin in the very beginning.  I also remember mining on a PC and having gotten some, although I can't remember how many.  Both times I left it behind
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September 13, 2016, 05:19:52 AM
 #203

Fortunately I didn't have any bad episode, wise investments done by me for now.

Be prepared, it will happen to you in the future.

Lol if he have spend enough time in reading the experiences of people on this forum then I am sure he will be alert about the scams and ponzi sites that are operating around.
The problem with many people here, they are not never remembering and applying others experience in their real time situations when they are encountering. I am the bad example for that, even I have read many gamblers experience about gambling and ponzi schemes, I have lost more than 0.1 BTC in many of similar sites, out of greedy.

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September 13, 2016, 07:15:04 AM
 #204

When i started bitcoins it has no value and it seemed to be a very limited audience thing and I saw no benefit to it, lol.  I am not sure how many, but each time I simply never touched the wallets again and at some point those PC's got a new copy of Windows I am sure.
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September 13, 2016, 07:50:38 AM
 #205

Bitcoin doubling and cloud mining (Hash ocean) was my worst decision because I can see the warning almost every where, shouting Hash ocean is a scam but the reward was too attractive not to give it a try. I glad I'm not completely burnt because that could have ended my experiment with Bitcoin

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September 13, 2016, 07:55:52 AM
 #206

Bitcoin doubling and cloud mining (Hash ocean) was my worst decision because I can see the warning almost every where, shouting Hash ocean is a scam but the reward was too attractive not to give it a try. I glad I'm not completely burnt because that could have ended my experiment with Bitcoin

This is the main problem of everything. You know that it is a scam, but you still support them to continue their practises to scam other people. If you don't feed them, then they will slowly dry out. Let it be a lesson for you and others.
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September 13, 2016, 08:00:04 AM
 #207

Bitcoin doubling and cloud mining (Hash ocean) was my worst decision because I can see the warning almost every where, shouting Hash ocean is a scam but the reward was too attractive not to give it a try. I glad I'm not completely burnt because that could have ended my experiment with Bitcoin

This is the main problem of everything. You know that it is a scam, but you still support them to continue their practises to scam other people. If you don't feed them, then they will slowly dry out. Let it be a lesson for you and others.

Exactly, people keep on entertaining those sites even after knowing that there is no guarantee  that they will be making profits from it and those sites keeps on operating and scamming people.
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September 13, 2016, 08:41:51 AM
 #208

Bitcoin doubling and cloud mining (Hash ocean) was my worst decision because I can see the warning almost every where, shouting Hash ocean is a scam but the reward was too attractive not to give it a try. I glad I'm not completely burnt because that could have ended my experiment with Bitcoin

This is the main problem of everything. You know that it is a scam, but you still support them to continue their practises to scam other people. If you don't feed them, then they will slowly dry out. Let it be a lesson for you and others.

Exactly, people keep on entertaining those sites even after knowing that there is no guarantee  that they will be making profits from it and those sites keeps on operating and scamming people.
The only thing that HashOcean got more than a year because of its low interest rate at the same time the number of members that believed in it and promoted it online. A perfect recipe that let HashOcean lived long. But yes you really need to background check everything in the internet so that you wouldn't be fooled.
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September 13, 2016, 08:46:50 AM
 #209

Bitcoin doubling and cloud mining (Hash ocean) was my worst decision because I can see the warning almost every where, shouting Hash ocean is a scam but the reward was too attractive not to give it a try. I glad I'm not completely burnt because that could have ended my experiment with Bitcoin

This is the main problem of everything. You know that it is a scam, but you still support them to continue their practises to scam other people. If you don't feed them, then they will slowly dry out. Let it be a lesson for you and others.

Exactly, people keep on entertaining those sites even after knowing that there is no guarantee  that they will be making profits from it and those sites keeps on operating and scamming people.
The only thing that HashOcean got more than a year because of its low interest rate at the same time the number of members that believed in it and promoted it online. A perfect recipe that let HashOcean lived long. But yes you really need to background check everything in the internet so that you wouldn't be fooled.

Its difficult to check the background of any site that is operating online as we can never come to any perfect conclusion that whether its an genuine or a fake site.

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September 13, 2016, 08:52:54 AM
 #210

Bitcoin doubling and cloud mining (Hash ocean) was my worst decision because I can see the warning almost every where, shouting Hash ocean is a scam but the reward was too attractive not to give it a try. I glad I'm not completely burnt because that could have ended my experiment with Bitcoin

This is the main problem of everything. You know that it is a scam, but you still support them to continue their practises to scam other people. If you don't feed them, then they will slowly dry out. Let it be a lesson for you and others.

Exactly, people keep on entertaining those sites even after knowing that there is no guarantee  that they will be making profits from it and those sites keeps on operating and scamming people.
The only thing that HashOcean got more than a year because of its low interest rate at the same time the number of members that believed in it and promoted it online. A perfect recipe that let HashOcean lived long. But yes you really need to background check everything in the internet so that you wouldn't be fooled.

Its difficult to check the background of any site that is operating online as we can never come to any perfect conclusion that whether its an genuine or a fake site.

There are various ways, but the most obvious one is the rewards that they are offering. Scam sites mostly want to collect as many coins as possible in a very short time. That's why they try to attract people with above average interest rates/rewards. You should also check whether or not they are a registered company. Look at whois data of their domain, etc.
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September 13, 2016, 09:01:53 AM
 #211

Bitcoin doubling and cloud mining (Hash ocean) was my worst decision because I can see the warning almost every where, shouting Hash ocean is a scam but the reward was too attractive not to give it a try. I glad I'm not completely burnt because that could have ended my experiment with Bitcoin

This is the main problem of everything. You know that it is a scam, but you still support them to continue their practises to scam other people. If you don't feed them, then they will slowly dry out. Let it be a lesson for you and others.

Exactly, people keep on entertaining those sites even after knowing that there is no guarantee  that they will be making profits from it and those sites keeps on operating and scamming people.
The only thing that HashOcean got more than a year because of its low interest rate at the same time the number of members that believed in it and promoted it online. A perfect recipe that let HashOcean lived long. But yes you really need to background check everything in the internet so that you wouldn't be fooled.

Its difficult to check the background of any site that is operating online as we can never come to any perfect conclusion that whether its an genuine or a fake site.

that is true but also you can come to some sort of conclusion, for example you can weight the options or pros and cons and then decide. i have seen so many people who just go in with their money without even searching about the site's history to see if it is fake or not.

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September 13, 2016, 09:11:43 AM
 #212

Bitcoin doubling and cloud mining (Hash ocean) was my worst decision because I can see the warning almost every where, shouting Hash ocean is a scam but the reward was too attractive not to give it a try. I glad I'm not completely burnt because that could have ended my experiment with Bitcoin

This is the main problem of everything. You know that it is a scam, but you still support them to continue their practises to scam other people. If you don't feed them, then they will slowly dry out. Let it be a lesson for you and others.

Exactly, people keep on entertaining those sites even after knowing that there is no guarantee  that they will be making profits from it and those sites keeps on operating and scamming people.
The only thing that HashOcean got more than a year because of its low interest rate at the same time the number of members that believed in it and promoted it online. A perfect recipe that let HashOcean lived long. But yes you really need to background check everything in the internet so that you wouldn't be fooled.

Its difficult to check the background of any site that is operating online as we can never come to any perfect conclusion that whether its an genuine or a fake site.

that is true but also you can come to some sort of conclusion, for example you can weight the options or pros and cons and then decide. i have seen so many people who just go in with their money without even searching about the site's history to see if it is fake or not.

Most of the people are putting their money in those sites blindly hoping that they will make profits in quick time, but generally they forget the fact is that there is nothing like quick money.
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September 13, 2016, 09:48:44 AM
 #213

There's this time when I just bought bitcoin and then after that I immediately joined a cloudmining site promising high returns and paying everyday. I was so happy during that time earning everyday without doing anything and the amount I received, I invested it in other sites promising those high returns also. I was happy that everyday when I wake up there's already an additional amount in my wallet and then those sites that I invested disappeared one by one causing me to have net loss and then that's the time I realized that I was scammed and I can't get my coins back anymore. This is my worst decision and promise myself I will never invest in a HYIP site again.

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September 13, 2016, 09:50:47 AM
 #214

There's this time when I just bought bitcoin and then after that I immediately joined a cloudmining site promising high returns and paying everyday. I was so happy during that time earning everyday without doing anything and the amount I received, I invested it in other sites promising those high returns also. I was happy that everyday when I wake up there's already an additional amount in my wallet and then those sites that I invested disappeared one by one causing me to have net loss and then that's the time I realized that I was scammed and I can't get my coins back anymore. This is my worst decision and promise myself I will never invest in a HYIP site again.

If you invest in those sites then you need to be very active and you should make sure that you withdraw your profits regularly, and if you do that then it can minimize risk.
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September 13, 2016, 11:19:14 AM
 #215

There's this time when I just bought bitcoin and then after that I immediately joined a cloudmining site promising high returns and paying everyday. I was so happy during that time earning everyday without doing anything and the amount I received, I invested it in other sites promising those high returns also. I was happy that everyday when I wake up there's already an additional amount in my wallet and then those sites that I invested disappeared one by one causing me to have net loss and then that's the time I realized that I was scammed and I can't get my coins back anymore. This is my worst decision and promise myself I will never invest in a HYIP site again.

I really hope that I was not in the groups at the beginning that were socking back 50 BTC rewards and then I abandoned them, lol.

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setupbounds
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September 13, 2016, 11:56:08 AM
 #216

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.
Yeah I totally agree, sometimes newcomers make mistake like capitalizing a character in bitcoin address and assuming the money will be sent to the right addresses, I have seen someone doing this so this threads helps users avoiding some obvious mistakes and warning about possible scams.
JessicaSe
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September 13, 2016, 12:01:39 PM
 #217

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.
Yeah I totally agree, sometimes newcomers make mistake like capitalizing a character in bitcoin address and assuming the money will be sent to the right addresses, I have seen someone doing this so this threads helps users avoiding some obvious mistakes and warning about possible scams.

The ultimate targets of this sites are newbies, as they are well aware that its very easy to attract fresh users of bitcoins and I think this thread will be really helpful to newbies to avoid losses.
secdark
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September 13, 2016, 12:04:31 PM
 #218

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.
Yeah I totally agree, sometimes newcomers make mistake like capitalizing a character in bitcoin address and assuming the money will be sent to the right addresses, I have seen someone doing this so this threads helps users avoiding some obvious mistakes and warning about possible scams.

The ultimate targets of this sites are newbies, as they are well aware that its very easy to attract fresh users of bitcoins and I think this thread will be really helpful to newbies to avoid losses.

I agree they target those new in bitcoin because they cant know well in bitcoin



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blackmachinegun
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September 13, 2016, 12:17:00 PM
 #219

I am sure that the worst choice was not following through on the early days.  I remember at least twice running into Bitcoin in the very beginning.  I also remember mining on a PC and having gotten some, although I can't remember how many.  Both times I left it behind
yeah unfortunately I was late in joining in bitcoin. I think that bitcoin would live only briefly. so I ignored bitcoin bitcoin but it is growing rapidly and bitcoin prices higher. unfortunately I do not buy bitcoin in time for a low price ?
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September 13, 2016, 12:23:56 PM
 #220

I am sure that the worst choice was not following through on the early days.  I remember at least twice running into Bitcoin in the very beginning.  I also remember mining on a PC and having gotten some, although I can't remember how many.  Both times I left it behind
yeah unfortunately I was late in joining in bitcoin. I think that bitcoin would live only briefly. so I ignored bitcoin bitcoin but it is growing rapidly and bitcoin prices higher. unfortunately I do not buy bitcoin in time for a low price ?

That is the case with most of the us that we were aware about bitcoins when it was holding very low price but we didn't get into it at that time or else things would be different with us at a moment.
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