Worst bitcoin decision you've ever made?

[Duzter]

My worst bitcoin decision I've ever made is I bought bitcoin in higher price then the next day the bitcoin is huge dumping then I started panic sell after 5 days the bitcoin pumping it again. I should be patient.

Patience is much required with every decision made in relation to the bitcoin price move. Everytime unexpected things happen with bitcoin, most of the time the users with patience holds long and grab the profit. Panicking users generate good profiting access to the whales who have been observing to make use of common users panic

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[Fatanut]

My worst bitcoin decision I've ever made is I bought bitcoin in higher price then the next day the bitcoin is huge dumping then I started panic sell after 5 days the bitcoin pumping it again. I should be patient.

Never sell something less than the price of when you bought it. Just how scared are you to panic sell when you see that a dump is going on. It's totally normal and times like those require no action at all. You should consider yourself as an investor, not just a trader. You are here for the long term. No one has made tons of money in just a couple of days in trading. Well, maybe there are, but that doesn't mean that it will happen to you as well.

Patience is the key. Only sell at a lower price when you thought of better investments and you want to pull out your money to prevent even more losses.

[silverduck]

I made worst decision recently by selling them when price crossed $1200 as I thought that was the best price to sell bitcoins and if I would have managed to hold them till this point of time then I would be making some huge profits by this time.

[SovPara]

Actually I think the worst bitcoin mistake I am making is right now,
right this minute... not investing more of my fiat in it.. but I am
retired, and if the price dives down instead of rises, I would not survive.

[canvan]

Gambling all my bitcoins away at various points in time are the worst decisions I've ever made.

[TribalBob]

Gambling all my bitcoins away at various points in time are the worst decisions I've ever made.

Everyone have made that mistake in the past but at that time price of bitcoins was not too high and it was easy to get bitcoins but now things have changed as price is too high so it makes it difficult to invest money in bitcoins so now no one will afford to loose their coins in gambling.

[taxmanmt5]

The worst decision was when I entrusted my bitcoin to get involved in big investments like the traffic monsoon and earnings platform of telegram bot at the end of last year. Although I ended up losing a lot of bitcoin, but from there I learned to be more in control of my investment and start doing the real thing with my own actions like gambling and trading.

My friend also made a same mistake with investing bitcoins in a ponzi scam. He invested in few cloud mining sites which were offering high volume of return and he thought he could double his money in a very less time. But soon the site stop paying and instead of having profit, he found himself in a loss. So a lesson for all of us that dont be greedy and keep yourself save from these Ponzi schemes.

[buwaytress]

I suppose this is relatively minor but as I've not (yet) made any bad decisions with my coins - holding and earning as the price keeps climbing - I guess the worst decision for me early on was to spend weeks on faucets to make my first 1 million satoshi. I didn't realise anything until I earned very close to that in my Electrum wallet. Sent it to consolidate everything into one address and realised I'd amassed all those bytes from dust.

Luckily this happened before the crazy fees we're seeing now. I waited for days but at 10 sats per byte it was a kindness to have all my sats in one place. I still occassionally collect sizeable dust (50k instead of 5k!) but they all sit in one address I just save for later.

[lighpulsar07]

my worst desicion i made? well i sold my 10 bitcoins at lower price in 2015 because i panicked when i lost a hundred bucks already i should've hold it longer and panicked but i already sold it now i regretted that i sold it because of my foolish move. now bitcoin already expensive to buy i can't afford to buy 10 bitcoins

[danherbias07]

The worst decision was when I entrusted my bitcoin to get involved in big investments like the traffic monsoon and earnings platform of telegram bot at the end of last year. Although I ended up losing a lot of bitcoin, but from there I learned to be more in control of my investment and start doing the real thing with my own actions like gambling and trading.

My friend also made a same mistake with investing bitcoins in a ponzi scam. He invested in few cloud mining sites which were offering high volume of return and he thought he could double his money in a very less time. But soon the site stop paying and instead of having profit, he found himself in a loss. So a lesson for all of us that dont be greedy and keep yourself save from these Ponzi schemes.

They say things that are too good to be true.
Of course they will lie to make their website look more inviting. I have been to this kind if services but they have a different way.
You will register thru them and they will try your password in every website they can to see if you are using the same.
I suggest making another account if there is registration that is needed.
That is one of the mistake I have done so I stopped doing service to those with sign ups and just stick with a job that pays with a bitcoin address or other coins. It is way safer.

[xblank]

The worst decision i made is betting all my bitcoins on gambling site after a winning streak and all my bitcoins get lose, because of that i stop bitcoin and after 2 years i back on bitcoin (2017) then i see that bitcoin get high price so i only cried because of my decision.

[Patinix]

When you are young, something named Bitcoin comes around.

You think it is never going to be anything, you think it is some kind of scam thing.

Everyone else is sceptic. You don't invest. You get older, and you know more.

Now it is too late. /sad

[copperKO]

same as everyone else..

[CODE200]

I discover bitcoin with the price of 200$ each and didn't invest just doing a faucet a whole month and then stop and last year I started again with a small capital and make some a large money but my biggest mistake is not investing when the price is 200$ each because that would be a huge win for me.

[White Christmas]

Not properly looking into bitcoin when I first heard about it around januari 2011 and forgetting about it for almost 2 years...
Those would have been some cheap coins...

Yes not believing on it when my classmate told me about bitcoin. also getting scammed because of not looking if the sites is trusted or not.

[LastKiss]

i have known bitcoin for long time but just active recently, the worst decision i've made was hiatus/not active from this forum and tried to another method earnings but soon i realized that bitcoin gave you more than method of earning i did.

[HatakeKakashi]

I have many worst decision in bitcoin I made. First is when I sold my bitcoin last 2 years ago  the peice of that is only 500 dollars I think and after 2 years the price  now its $1700 so my money become 3 times but I did not hold that i sold it already Im cried because of that happen. But its okay for me because I bought bitcoin when the peice is $1000. And i think the worst also bitcoin decision I made when I played gambling like dice amd casinos and all of my earnings lost because of that I dont remember how may worst bitcoin decision I made but Im sure this is many.

[pealr12]

The worst bitcoin decision that ive made is when i dont believe in bitcoin when it was first introduce  to me by my friends and  i only laugh on them. Now they are earning  2 to 3 btc a month and now they are laughing at me. If i only believe in bitcoin before.

[linyhan]

i have known bitcoin for long time but just active recently, the worst decision i've made was hiatus/not active from this forum and tried to another method earnings but soon i realized that bitcoin gave you more than method of earning i did.

I think were the same did not believe in this forum that it can give us btc , and stick to ptc which is the most common way to earn money online. After that wrong decision i came back to bitcoin.

[gabmen]

i have known bitcoin for long time but just active recently, the worst decision i've made was hiatus/not active from this forum and tried to another method earnings but soon i realized that bitcoin gave you more than method of earning i did.

I think were the same did not believe in this forum that it can give us btc , and stick to ptc which is the most common way to earn money online. After that wrong decision i came back to bitcoin.

Lol a lot of people make that mistake because they haven't yet gained benefits from bitcoin or bitcointalk. especially if you're just starting out and looking for a campaign or waiting to get approval to join. I think with bitcoin, it's all about being patient if you really want to earn. whether its signature campaigns or trades.