Format.C^
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May 03, 2017, 07:26:48 PM |
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Worst decision I ever made was not holding my bitcoins for a long time and sold them when price was around $700 in the past and now I am regretting for not saving my bitcoins for this point of time.
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jpoker272727
Legendary
Offline
Activity: 1137
Merit: 1000
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May 03, 2017, 08:05:26 PM |
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Biggest and worst decision like most of people now is that we have doubt that bitcoin price will go so much high that it is now.
But it's never too late to invest in bitcoin, so it is now and I think that many people that were skeptic have take a good lesson but the risk now it higher.
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Richard Branson
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May 03, 2017, 08:17:23 PM |
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Not have invested 5k USD fiat each month for the past 3 years in bitcoin. At least I bought some coins for low double digits.
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sunsilk
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May 03, 2017, 08:22:49 PM |
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The worst bitcoin decision that I've ever made is when I came to ride the dump scenario last year. I didn't expect that the price will get back to higher one.
Because I was still a newbie way back that time and I was able to have to 4 bitcoins by that time and I did sold it at lower price.
If I'm not mistaken I sold it at $600 and I really regret it that I sold it earlier because my feelings was pushing me to sell it.
And it was really a worst thing that I've ever made.
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hankyulpark
Member
Offline
Activity: 70
Merit: 10
https://boscoin.io
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May 03, 2017, 08:29:52 PM |
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Worst decision was to spend some coins back in 2015 when it worth around $230 to pay some bills and using my money to buy some stocks. The stocks lost value and I sold it and spent the rest of the money on a vacation trip. I burnt about 60 coins that way.
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kikeda
Sr. Member
Offline
Activity: 364
Merit: 250
Super Smash Bros. Ultimate Available Now!
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May 03, 2017, 08:44:43 PM |
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The worst decision was not buying enough bitcoins when the price was low in the past and spending them on gambling sites hoping to multiply them quick which resulted in total loss to me and now I am left with nothing in my hands.
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Daymond Goulder-Horobin
Newbie
Offline
Activity: 25
Merit: 0
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May 04, 2017, 01:15:43 AM |
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Selling Bitcoin to Fiat at all. Especially during the downturn when it crashed to $200 per btc a couple years back
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iamTom123
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May 04, 2017, 01:27:29 AM |
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Three weeks ago I converted my Bitcoin when it reached the $1265 level...after listening to a friend's analysis that Bitcoin will fall due to the announcement from Bitfinex that they stopped accepting cash deposits due to their banking issues. Sad that instead of withdrawing in value Bitcoin instead made a big rally and is now heading to the $1600 level. Correction can be due but I already lost some money. I can feel that am not really so lucky with Bitcoin conversion and should have just left it in my wallet.
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JL421
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May 04, 2017, 11:39:40 AM |
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I have not made any sort of mistake except the fact i wasn't able to purchase the coin in the early days. And maybe another mistake might be that i was waiting for bitcoin's price to go really up and didn't sell at the right time and i couldn't earn the potential 200$.
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jpoker272727
Legendary
Offline
Activity: 1137
Merit: 1000
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May 05, 2017, 06:00:37 PM |
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Three weeks ago I converted my Bitcoin when it reached the $1265 level...after listening to a friend's analysis that Bitcoin will fall due to the announcement from Bitfinex that they stopped accepting cash deposits due to their banking issues. Sad that instead of withdrawing in value Bitcoin instead made a big rally and is now heading to the $1600 level. Correction can be due but I already lost some money. I can feel that am not really so lucky with Bitcoin conversion and should have just left it in my wallet.
Sorry for you but don't feel so sad because if you have made a profit even at $1265 then be happy that you made some money and you did not lost them. We can't predict when the price will be increased or not because we can't affect it but big exchanges are doing it.
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Fatanut
Legendary
Offline
Activity: 1008
Merit: 1060
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May 06, 2017, 05:39:28 AM |
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Three weeks ago I converted my Bitcoin when it reached the $1265 level...after listening to a friend's analysis that Bitcoin will fall due to the announcement from Bitfinex that they stopped accepting cash deposits due to their banking issues. Sad that instead of withdrawing in value Bitcoin instead made a big rally and is now heading to the $1600 level. Correction can be due but I already lost some money. I can feel that am not really so lucky with Bitcoin conversion and should have just left it in my wallet.
Sorry for you but don't feel so sad because if you have made a profit even at $1265 then be happy that you made some money and you did not lost them. We can't predict when the price will be increased or not because we can't affect it but big exchanges are doing it. It's moments like this that serves as a proof to me that I'm actually doing great not doing anything with my bitcoins. I don't listen to rumors and news. I just watch the market. Regardless of the movement, I don't sell at all. I only sell when I need money. If the market is quite high such as what we have now, and I have to spend money for something in the foreseeable future, then I sell some coins. I don't do that sell at high then use the same money to buy bitcoins at low price. Selling your bitcoins makes you lose the opportunity to sell at an even higher price so I just hold it.
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ifinta
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May 06, 2017, 06:10:06 AM |
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A deposit of ~17 bitcoins and 4000 EUR to MtGox in January of 2014...
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Gotottack
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May 06, 2017, 07:23:11 AM |
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A deposit of ~17 bitcoins and 4000 EUR to MtGox in January of 2014...
That's a bummer. Well, that's basically one of the risks you will have to take whenever anyone wants to invest into something. There is those risks that we cannot avoid no matter what we do, if it happens it happens. No one could have for seen it to happen at that time, but it was foreseeable that it could happened and MtGox was not able to mitigate the threat.
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Lorik
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May 06, 2017, 08:31:24 AM |
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The worst decision was not buying enough bitcoins when the price was low in the past and spending them on gambling sites hoping to multiply them quick which resulted in total loss to me and now I am left with nothing in my hands.
I, too, lost a lot of money on gambling in the hope of easy getting rich and realized that you need a lot of patience so that you could really get a lot of money.
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Saichoukyushin
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May 06, 2017, 08:37:51 AM |
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The worst decision was not buying enough bitcoins when the price was low in the past and spending them on gambling sites hoping to multiply them quick which resulted in total loss to me and now I am left with nothing in my hands.
I, too, lost a lot of money on gambling in the hope of easy getting rich and realized that you need a lot of patience so that you could really get a lot of money. Well most of us lose money in gambling trying our luck to win in any games .But it is a lesson for those who doesn't earned and stop playing gambling .I lose most of my money on HYIPS or PONZI schemes when i am starting i invest first on that sites rather than waiting and learning to trade .
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DrGuns4Hands
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May 06, 2017, 08:47:34 AM |
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My worst bitcoin desicion I've ever made was not buying enough bitcoins when it's price was low, spending them all on gambling sites expecting to multiply them quickly, and there'a a time that I need money though it's so hard for me to sell it but I have no choice anyway. Selling your bitcoins make you lose the opportunity to earn more. So yeah, lesson learned!Now I have enough money to buy more and hold it for good.
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rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1036
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May 06, 2017, 08:48:46 AM |
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My biggest mistake was to hold for so long. Now they were all stolen(, and the remaining 4BTC wallet identifier is lost). But I DON*T GIVE A FUCK.
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HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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Duzter
Sr. Member
Offline
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
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May 06, 2017, 09:29:35 AM |
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My worst mistake with bitcoin as well the digital currency network is wasting of precious time due to lack of understanding. I came to know about bitcoin and cryptocurrencies years back, and planned to invest last year starting but due to some negativity dropped the plan, for the same I feel bad. This year starting I started using it.
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Bunsomjelican
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May 06, 2017, 09:51:08 AM |
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Summer 2012. Diablo 3. I bought in game gold with bitcoin @ $3/btc - Spent 90 coins for 500 million in game gold.
IGG = 35 cents / million now.
I lose.
/wrist
I think my worst decision I've ever made a years past was when bitcoin dropped into 200$ I never buy any of it even a single cents of dollar, it was really painful and regrettable to me, why I didn't listen to my friend. And now here I am newbie in this forum but before I always ignored my friend to sigh up in bitcointalk.org I just decided to follow him when I saw He is really earning bitcoin.
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BossMacko
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May 06, 2017, 09:59:55 AM |
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My worst decision currently this 2017 is i tried to gamble in sports because i had this favorite team and they are once strong and i bet half of my Bitcoin the outcome was the opposite of what i am expecting so i am still disappoint until now because my team loss and my Bitcoin is decreased to 50%.
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