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Author Topic: Worst bitcoin decision you've ever made?  (Read 97000 times)
bill gator
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June 22, 2017, 10:20:17 AM
 #1121

I think we all share the same pain and regrets of not putting everything within our power towards bitcoin as soon as possible. I've always wished that i had put more money into bitcoin, but my biggest regret up to this point is liquidating all of my bitcoins for crappy, worthless fiat cash. I had 100's when they weren't worth very much and a few months later they were skyrocketing and haven't stopped. I guess that would tie in with my regret of not mining enough bitcoin on my crappy laptop when that was still an option, too.

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June 22, 2017, 10:55:29 AM
 #1122

Probably the worst decision i've ever made if waste the btc i've earned in gambling
Kinda stupid but I learned now.

We all have made the same mistake in the past when we were new to bitcoins and we wanted to double them quick and for the same reason we choose gambling but unfortunately we lost our all earnings and left with nothing in hands.
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June 22, 2017, 05:57:02 PM
 #1123

Back in the early days of bitcoin I made a bad decision not to buy bitcoin. I think it was seven years ago, my brother bought 20 btc for, as I can remember 22$, was pushing me to do the same but I refused. I had no interest on bitcoin then. Now days it would be a decent amount of cash.
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June 22, 2017, 09:30:23 PM
 #1124

Back in the early days of bitcoin I made a bad decision not to buy bitcoin. I think it was seven years ago, my brother bought 20 btc for, as I can remember 22$, was pushing me to do the same but I refused. I had no interest on bitcoin then. Now days it would be a decent amount of cash.

Well we are here to learn from our mistakes. I do remember that I was afraid of buying more bitcoins, or even sold some when the price tanked.
Terrible choice to give buyers my bitcoin for a cheap price. But luckily I've learned from those rookie mistakes.
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June 23, 2017, 08:47:14 AM
 #1125

Probably the worst decision i've ever made if waste the btc i've earned in gambling
Kinda stupid but I learned now.

Sam here, I have been playing in dice game and not paying attention how much I lose. If only I saved all the bitcoin I spent in gambling then maybe I have enough money now but its all done I can't turn back that time. I am glad though that I've learned my lesson with my experiences, I am now buying bitcoin and earn at the same time.

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June 25, 2017, 05:09:36 PM
 #1126

Probably the worst decision i've ever made if waste the btc i've earned in gambling
Kinda stupid but I learned now.

Sam here, I have been playing in dice game and not paying attention how much I lose. If only I saved all the bitcoin I spent in gambling then maybe I have enough money now but its all done I can't turn back that time. I am glad though that I've learned my lesson with my experiences, I am now buying bitcoin and earn at the same time.

This mistake is pretty common with new btc users since dice games are really acessible everywhere including other trading platforms. I'll say i've wasted a lot of my initial btc earnings there as well. It may amount to little ifnyou look at it per day but once accumulated, the amount you've lost may shock you.


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June 26, 2017, 01:00:41 AM
 #1127

I would suggest against selling your bitcoin or Ethereum holdings today as we are seeing a slight dip, otherwise I think a few years from now people are going to be posting back in this thread saying that their biggest mistake was selling right now.

If anything I would potentially ShapeShift some LItecoin into bitcoin right now if you have the ability to do so. Longtime litecoin hodlers know that the conversion rate is stellar right now
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June 26, 2017, 01:33:03 AM
 #1128

My regret is not getting $10 worth of bitcoin at less than $0.01 per btc many many years back.
I think people that year when very low bitcoin prices will also think twice to buy bitcoin. Because no one knows what bitcoin future looks like. If everyone knows the future of bitcoin and bitcoin prices back then. Of course you will buy hundreds of bitcoins,
but will do not know ? so do not regret it.
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June 26, 2017, 01:47:53 AM
 #1129

Not buying enough bitcoin in the earlier years.Worst bitcoin decision  and I really mean. I knew the price will be about to what it is actually, i still don't understanf why i have not bought more !!
Same here.
Not enough cash?No I can bought up to 500 us $ but didn't, maybe because I don't have the courage to take risks, I'm earning btc but it is still good to buy. I don't have the gits to do what I can afford to lose and I really regret that. My friend told me that it's not that bad, he told me " why buy btc when you can earn it? And then I started working here. Smiley

i can not be patient to sell bitcoin

Haha  Grin. I feel the urge but it's my credo that I will hold my BTC. I have some alts but I'm converting 70% of my alts to btc and cash out when in need of money. Im still learning in trading so I don't have much knowledge when to sell and hold that's why I'm holding btc and only convert it to fiat ( little amount ) when I desperately need it. ( Allowance in school, payment for internet fees ), something like that.

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June 26, 2017, 05:27:21 AM
 #1130

My regret is not getting $10 worth of bitcoin at less than $0.01 per btc many many years back.
I think people that year when very low bitcoin prices will also think twice to buy bitcoin. Because no one knows what bitcoin future looks like. If everyone knows the future of bitcoin and bitcoin prices back then. Of course you will buy hundreds of bitcoins,
but will do not know ? so do not regret it.

Adding to this, I'm sure a ton of these people sold most of not all of their coins when the price hit $5 or something like that. Going from $.01 to $5 is such an astronomical profit if you invested heavily, it would be really hard not to take that money off the table.

I mean just look at the bitcoin pizza for instance. That is now a major piece of bitcoin history
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June 26, 2017, 05:33:45 AM
 #1131

Well a few months ago I bought a ton of bitcoin penny rolls I would have done better just holding the btc
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July 31, 2017, 11:56:51 AM
 #1132

trading on kraken

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July 31, 2017, 04:05:25 PM
 #1133

A year ago, precisely before the halving day event I invest about 2 btc into the cloud mining program, and I'm sorry to end up having a lot of scams.
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July 31, 2017, 04:32:29 PM
 #1134

Probably the worst decision i've ever made if waste the btc i've earned in gambling
Kinda stupid but I learned now.

I agree with you. I gamble but mostly offline and when I joined this forum I learned about gambling sites. I was so curious on how playing it that I tried playing games from a single site. Since I am a newbie I lost my precious bitcoin in a single game. I really regret that. I worked hard for those bitcoins and losing it in a gambling game was really disappointing for myself. I wish I have think first before clicking on that button.

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July 31, 2017, 04:52:03 PM
 #1135

My wost bitcoin decision I have ever made is Selling my bitcoin at $1,110 when I thought the price will be going down and the following week the price pump up and since then the price has been pumping up.  Never the less I am not regretting and I sold at profit compared to the price I got in.
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July 31, 2017, 11:41:33 PM
 #1136

I think my worst bitcoin decision is that way back 2015. That's my first time to know bitcoin and I remember that time, the price of bitcoin is only 500usd (if im not mistaken). I regret that I didn't buy or take bitcoin seriously and I didn't really focus on it.
I've even experienced a price below $ 500 because I joined bitcoin since 2013. I've had bitcoin in a difficult time in the market until there is panic selling and the price had touched $ 200 but all I did was not buy at that low price because I was also panicking, even selling my own bitcoin
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August 01, 2017, 12:26:58 AM
 #1137

I think my worst bitcoin decision is that way back 2015. That's my first time to know bitcoin and I remember that time, the price of bitcoin is only 500usd (if im not mistaken). I regret that I didn't buy or take bitcoin seriously and I didn't really focus on it.
I've even experienced a price below $ 500 because I joined bitcoin since 2013. I've had bitcoin in a difficult time in the market until there is panic selling and the price had touched $ 200 but all I did was not buy at that low price because I was also panicking, even selling my own bitcoin


You are not alone i started my bitcoin journey around $300 bitcoin in the past and sold it and when i came back to bitcoin the price was around at 600-800 and i started to regret that i sold my bitcoins and not keeping them. If i hold that bitcoin up to now maybe i have a lot of usd right now but that's okay. I did not risk in the past and scared that my money will gone because i don't have a knowledge in bitcoin in the past.

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August 01, 2017, 02:05:33 AM
 #1138

I think we have a lots of common mistakes done here.
The panic selling, gambling and not buying when the price is still cheap.
Of course if we all know that bitcoin will be a hit I think we spend all our money buying bitcoin.
But it didnt, lucky for those who are early investors. Weill its never too late for us, as bitcoin is still in early adaptation. Let the mistakes be our chance to try harder.

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jamids
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August 01, 2017, 02:11:50 AM
 #1139

My decision to bet in gambling around almost 1 bitcoin in total because I thought that I can just easily gain when I gamble but I was wrong! I was so naive during that time and I just can't control my emotion. At first it was just a small amount but then I lose and I wanted to get back what I lose so I just gamble a higher amount resulting to a bigger lose not noticing that my funds are getting low because I'm so hype up. Only then that I realize I gamble so much when I don't have funds left too gamble anymore. Oh well it's a lesson for me and I'm glad I experience that to learn from it and not repeat it again.

gaston castano
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August 01, 2017, 02:22:39 AM
 #1140

Since I'm still a beginner, the worst decision I made was to sell bitcoin in a market panic situation a few months ago, I sold at the lowest price without understanding bitcoin rising as high as today. But I consider it a valuable experience and determine my attitude in the future.
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