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Author Topic: Worst bitcoin decision you've ever made?  (Read 96994 times)
gabmen
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May 06, 2017, 10:46:10 AM
 #861

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%.

ouch. well that's gambling dude. It could've gone both ways though and you placed your bet on your favorite team. even if sports betting is one of the most secure ways to earn in gambling because of a lot of things you can analyze, there's still the prospect and possibilities of upsets but that's life dude. that happened to me a lot of times already though I can say that i've earned more than what i've lost

 
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Dizaster2015
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May 06, 2017, 10:52:36 AM
 #862

My worst decision is that at the very beginning I wanted to earn a lot of money and lost a lot of money in gambling.
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May 06, 2017, 11:21:26 AM
 #863

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.
Lol I think it's not a problem to store bitcoin in a long time. Because that would be beneficial as a long-term investment. Your problem is on the security of your wallet


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May 06, 2017, 11:55:59 AM
 #864

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.

I have also been in that road before. I was so doubtful of bitcoins and I have ignored it but last 2014 I have heard that bitcoins price was very high and a bitcoin exchange was being established in our country. Its too late since if I have took bitcoin seriously  then I would be enjoying huge profit in todays time like my friends. But it is not too late to engage in bitcoin and that is why I am doing online jobs to earn bitcoin.
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May 06, 2017, 12:22:02 PM
 #865

The only worst decision I made is not to work towards earning Bitcoins, I asked my payments in USD when I could have got Bitcoin in the early years, I dont regret it as I started early to accept Bitcoin than many others. But could have accepted earlier.
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May 06, 2017, 12:39:17 PM
 #866

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.
Lol I think it's not a problem to store bitcoin in a long time. Because that would be beneficial as a long-term investment. Your problem is on the security of your wallet



Yes, long-term storage can bring much more profit due to the constant price increase, and this is only good.
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May 06, 2017, 04:18:37 PM
 #867

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 is true that we can’t predict when the price is going to go up or not, so that is why for people who are trying to make profit from selling bitcoin should always have some saved just in case they make the wrong decision of selling before the next price fork, but look at the bright side you could always catch up again and you did make some profit from it.

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May 06, 2017, 04:36:17 PM
 #868

My worst decision in bitcoin is, make a bitcoin purchase using fiat. Then I was all in dice gambling site with just one click, everything went away.
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May 06, 2017, 04:53:15 PM
 #869

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...
Almost the same. Not listening to my friend at first when he was trying to explain and introduce bitcoin to me and all i was thinking was "yeah yeah, but never will try that bitcoin thingy" and yes, one day I ate all what I have said because I come to think of it that there's nothing wrong with trying it. Maybe if I already tried it also a long time i've bought those low price coins huhu.
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May 06, 2017, 09:00:08 PM
 #870

The only regret i do have were to trust into hyip, and invest even for fun over them. Outside those i made some bad investments like i had joined a coin in the midle of the pump, i becamed a greedy person and expected my return to became bigger, went sleep and i were loosing 20%, and i let it for 3 days result were i lost 0,15 btc with one single coin.
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May 06, 2017, 09:36:54 PM
 #871

I only regret that i didnt save all the bitcoins i got during 2013 and rather used it on some ventures which later proved unprofitable, I am certain if i had saved them, i would  have been considerably richer at the moment seeing how bitcoins is soaring through the roof.

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May 06, 2017, 09:46:08 PM
 #872

Last year I sold 2 coins for just 640$. I never had so many but when I do see the price now I don't know what to say more.

In early 2012 I had 56 coins in my bitcoind. I sold them for a old steam account, now i have invested in some altcoins but I don't know if i will win or lose. Let's see and maybe after a few years I will come back and I will reply to this topic if I did it good or bad.

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Jantapw
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May 06, 2017, 09:48:04 PM
 #873

selling most of them at 400-500  Cry
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May 06, 2017, 10:17:33 PM
 #874

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.  Smiley
This might be a decision that everyone would consider as stupid as every had a choice to buy bitcoin at a very low price and when you loose the opportunity there is nothing that can be done and that is the case with all the stocks,if you are not sure what the future of the product is ,it is always a good sign not to force things and enter.
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May 06, 2017, 11:09:01 PM
 #875

I have made several bad decisions. I decided to stay away from bitcoin when I was invited for a friend to get some coins five years ago, when it was very cheap but I did not believe it was a good investment. And recently I decided to sell 80% of my coins at $1250, expecting a great correction to $800 in order to buy more. Sad
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May 06, 2017, 11:46:11 PM
 #876

I only regret that i didnt save all the bitcoins i got during 2013 and rather used it on some ventures which later proved unprofitable, I am certain if i had saved them, i would  have been considerably richer at the moment seeing how bitcoins is soaring through the roof.
I the same with you friend, I also ever use my bitcoin to invet in trading. I bought an altcoin which doesnt have good fundamentals, I am very novice trader at that time. But now, I have a litle skill of trading so I manage my capital and only choose only good altcoin and some time I get profit in trading although sometime I am loose money too.

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May 07, 2017, 04:43:25 AM
 #877

I only regret that i didnt save all the bitcoins i got during 2013 and rather used it on some ventures which later proved unprofitable, I am certain if i had saved them, i would  have been considerably richer at the moment seeing how bitcoins is soaring through the roof.
I the same with you friend, I also ever use my bitcoin to invet in trading. I bought an altcoin which doesnt have good fundamentals, I am very novice trader at that time. But now, I have a litle skill of trading so I manage my capital and only choose only good altcoin and some time I get profit in trading although sometime I am loose money too.
That is one of the most common mistake of a newbie in their start up journey because they buy a lot of cheap altcoins because they believe and stick to the principle of buying low selling high but they didn't mind the other things to consider like the progress of the team and the support of the coin and also if the whole community is still active and supporting the coin. It is all right if you made mistakes like that because it will make you a better trader.
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May 07, 2017, 08:51:24 AM
 #878

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.
I think if you have good wallet security and have a wallet backup (keep watch when you forget the identifer). As long as whatever you keep the bitcoin will remain safe
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May 07, 2017, 08:54:04 AM
 #879

Today many people rely on bitcoin, in the sense that they are now focusing on the world of cryptocurrency, leaving their jobs

Is there something like this, is there any special tips because i want to focus but not yet dare?

I think it's not a problem to make money from bitcoin. But do not be stupid by getting out of your main job and focusing on bitcoin. Because it will be at risk. It's better to use bitcoin as a work option
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May 07, 2017, 01:43:53 PM
 #880

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.
My bitcoin was also stolen, but I kept it in a short time. The point is not how long you keep your bitcoin. But you should be able to keep your wallet safe. Such as adding authentication. It will get better
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