Worst bitcoin decision you've ever made?

[teknetz]

About an hour ago...

Went ALL in at $135, we're down to 130... was down to 119(I use bitfloor)

ugh, what a crazy ride this is..

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[ragingazn628]

yeah I'm feeling sellers' remorse, but it's hindsight 20/20.  When most of us sold stuff, we had no idea what would happen, so don't feel too bad.    Remember that dude who bought 2 pizzas for 10,000 coins?  
 
 
My worst bitcoin decision might be pre-ordering a couple Jalapeños from Butterfly Labs.     Coins were approx $12ea when I pre-ordered, and now my coins are locked up there not doing anyone (but BFL) any good.  Refunding is done in dollars, so if I want a refund, my 26 coins that went to that would end up being approx 1.3.  

source?

[Dr3AM$cAp3]

With E1 in here that didn't invest and ignored the coin for too long.

Runner up would be the panic buy at 138 the other day....then the crash.  The hole where my heart should be is too young for this.  Eating and sleeping have become difficult.

[MoneyIsDebt]

Deciding to try day trading, one day before the fork split.
Bitcoins lost, lesson learned.

[rpietila]

Runner up would be the panic buy at 138 the other day....then the crash.  The hole where my heart should be is too young for this.  Eating and sleeping have become difficult.

Don't worry. I have panic bought several times at all time highs, ever since when it was $20 (in February, this year).

There has not been a weekly negative since... ever(?)

[justusranvier]

There has not been a weekly negative since... ever(?)

If you use Mondays as the start of the week, 2012-12-17 was the last time. It was down 1.3% from the prior Monday.

If you use a rolling 7 day window there were several days back in December and January in which the price closed slightly lower than it had seven days prior.

[rpietila]

There has not been a weekly negative since... ever(?)

If you use Mondays as the start of the week, 2012-12-17 was the last time. It was down 1.3% from the prior Monday.

If you use a rolling 7 day window there were several days back in December and January in which the price closed slightly lower than it had seven days prior.

I made a study of bitcoin price increase, and my findings were:

- If you pick a random 12-week period in Bitcoin's history, the chances are better to make at least 10x return on investment, than to make any loss. (23% to 19% iirc.)

I have not made mistakes with bitcoin, because I have not sold any (except as OTC dealer, which is profitable). Of course everybody could have bought more, but that does not count. I feel privileged by being able to buy more as price has gone up.

[justusranvier]

I made a study of bitcoin price increase, and my findings were:

- If you pick a random 12-week period in Bitcoin's history, the chances are better to make at least 10x return on investment, than to make any loss. (23% to 19% iirc.)

Averaging across at all Mt Gox trading data since 2010-07-17, if you hold for 30 days and sell you have a 62.6% chance of selling higher than you bought at, and a 37.4% chance of selling lower than you bought.

For a 60 day interval this becomes 73.0%/25.8%

For a 90 day interval this becomes 77.3%/19.8%

[Dr3AM$cAp3]

Runner up would be the panic buy at 138 the other day....then the crash.  The hole where my heart should be is too young for this.  Eating and sleeping have become difficult.

Don't worry. I have panic bought several times at all time highs, ever since when it was $20 (in February, this year).

There has not been a weekly negative since... ever(?)

Thanks.  A voice that speaks from experience is always nice.  Keeping up with mainstream media coverage helps, as well. 
Even though the price hasn't gone up much since the buy, the future looks promising(at least in the short term, long term, who knows).  The Btc Atm talk  has me pretty excited.

I like winning. 

[mralbi]

spent 2800 on butterflylabs ASIC....

[C10H15N]

Either not buying more at ~$10.00 or not selling at $147.00

I'm living the Black Swan scenario.   

[rebuilder]

https://bitcointalk.org/index.php?topic=3020.msg43324#msg43324

Actually I don't regret paying 220 BTC for a used OLPC. That was then, I knew full well it might be a bitcoin pizza moment, without the glory. BTC is worthless if you don't use it.

[rpietila]

I made a study of bitcoin price increase, and my findings were:

- If you pick a random 12-week period in Bitcoin's history, the chances are better to make at least 10x return on investment, than to make any loss. (23% to 19% iirc.)

Averaging across at all Mt Gox trading data since 2010-07-17, if you hold for 30 days and sell you have a 62.6% chance of selling higher than you bought at, and a 37.4% chance of selling lower than you bought.

For a 60 day interval this becomes 73.0%/25.8%

For a 90 day interval this becomes 77.3%/19.8%

Thinking of this, it is so insane, that the Finnish bitcoin merchants in general would have done better by just holding.

My webpage tells that I will have to charge 15% premium, for the reason that on average it gains 12% during the two days I need to replenish the stock from an exchange.

[zimmah]

Q2, 2013 instead of buying bitcoin i bought a BFL miner.

Would have had ~€18.000 by now in bitcoins.

forgot about bitcoin until i recieved my miner (so didn't buy anything later in the year either, until the start of this bubble, luckily enough i did realize it was a bubble, so i made a bit of profit with trading, altough i also made some mistakes so i missed out a lot as well).

[hilariousandco]

My worst Bitcoin decision I ever made was not buying any when I first heard about them. My second mistake was not buying more at £70.

[gentlemand]

I first read of Bitcoin in 2009. It seemed like a no brainer. Read with interest every few months since. Had a large amount of cash sat doing nothing throughout that period of time. Bought for the first time in November.

The worst decision was not making a decision. When I finally did I'm sure it'll work out to be one of the best I've ever made.

In a way recent months have been by far the best times to buy in terms of perspective. The market has enough depth, momentum and history for people to figure out what their best choice should be.

If you'd bought in the cents it would've been very hard to resist selling once they were over a dollar. The ones who'll really get the paydays are the people who completely forgot about the whole thing. Let's hope they can access their coins.

[AirFlame]

Not buying them 3y. ago

[Peter Lambert]

The first time I did a trade on the OTC ... I wanted to sell some bitcoin, this guy with lots of nice feedback offered to buy the for dwolla cash. I didn't have any rep (I think I still don't), so he wanted me to go first. He was giving me a nice deal on them, a bit over MtGox at the time, so I sent the bitcoins. About a minute later, the channel mod called him out for being identified (simple password) but not confirmed (gpg signature required). After complaining for a minute he disappeared. I should have seen the signs of the scammer using a stolen account, but I was having too much fun doing an OTC trade for the first time so I missed it.

[quone17]

LOL sorry OP that is sad.  But we never know what's going to happen in the future.

I wish I had not sold like 6 months ago, although it's coming down to a more reasonable price now.

[Kaligulax]

didnt buy btc before 2 years