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Author Topic: Worst bitcoin decision you've ever made?  (Read 96994 times)
spyerf
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August 09, 2017, 03:42:13 AM
 #1201

The worst thing I ever did was not to quickly make the decision to make bitcoin as a source of income
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bitbob82
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August 09, 2017, 05:51:03 AM
 #1202

Just read all the replies on the first page which were posted in 2013 the price was at $40 after the mt gox hack. People were regretting that they were not able to purchase it in cents but they would have committed suicide by realizing that $40 was still a really good time to purchase.
For me the most regretful decision would be for selling my coins at $1400. I didn't sell everything the only thing i regret was i didn't utilise those money which i sold and later i realised if i didn't sell it i could have got more profit from holding bitcoin rather than investing it.

Yeah that is a bummer.   I have come to learn that I have regretted selling any coin at any time since the start of cryptocurrencies.  I have made some profitable day trades when the conversion or pairing ratios have been good between BTC/LTC or BTC/ETH, but on the whole, I would have definitely done better in the long haul just holding onto every single coin of every single type that I have ever purchase or received from the sale of a good.

That is why I am a big proponent of just holding everything you can and be as diversified as you can (in case one coin kicks the bucket), unless you absolutely need the money at the time to support yourself of your family.  Selling coins so that you can purchase some sort of gadget, toy, gambling...anything like that will almost certainly leave you regretting it.   Maybe you timed it just right for today...like if you sold at $3500+ and the price is now in the $3300s...but years from now, you will more than likely wish you hadn't sold.
to me i think i recently take the wrong decision when i sold my bitcoin at 2700$ level. although i  was too much confident about the price of bitcoin that it will increase to much but still i decided t book some profit and therefore i sold out some amount of my bitcoin, while the remaining are still with me and i am not going to sell them in any cost.
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August 09, 2017, 07:15:43 AM
 #1203

Not putting my life savings into Bitcoin when I first heard about it
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August 09, 2017, 07:29:02 AM
 #1204

Majority of the users have did the same. This is all because of the negative impact people have got over bitcoin. Little by little when more people started using it people believed it. If trusted earlier now we could have profited big by now. Trust is the driving force that makes people into bitcoin.
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August 09, 2017, 07:35:51 AM
 #1205

I bought bitcoin to invest it in a cloud mining site believing that it would be my get rich quick scheme. Well, I was so naive and then after almost a month, the site suddenly goes offline with all my dreams of getting rich broken. I research after that and then stumble in this site and then found ways to earn through hard work because it is the way to success!
If you put trust on GPU mining means at least you can make some profit after years. In this forum, you will get many threads regarding this cloud mining scam, but still, you invested means really this is your worst decision in Bitcoin. For me also many people send their referral links to join cloud mining, and they will show their payout chart, but I don't believe cloud mining.
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August 09, 2017, 07:43:37 AM
 #1206

My worst bitcoin decision is that when I got panic when sudden decrease in value of bitcoin happen then I sell my coins not to think that it can roll over after some time.if I just hold on and wait for little weeks I could have earn well.I can see bitcoin is rising and I think it will continue until the end of this year that is why I keep holding on the coins I invest recently.
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August 09, 2017, 08:58:58 AM
 #1207

I just started on btc this year so I never experience losing that big.
Hmmm, maybe losing all the earned btc on dice game, not that big but still I wasted it on nothing tho
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August 09, 2017, 10:18:11 AM
 #1208

Going from main BTC and second LTC into ERC20 alts..

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August 09, 2017, 10:33:17 AM
 #1209

So far, one of bad thing happened on  my investment is when I intentionally cash out my money and siddenly the value of bitcoin goes up. I cash out my investment because of sudden crash of bitcoin value due to some issue. My decision was really wrong because I dont take the risk and do not wait on the right time. But that was over now, I have move on already and now doing well on my investment and earnings. I learned from my mistakes, i guess.
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August 09, 2017, 10:49:51 AM
 #1210

I don't really regret my decision on bitcoin until now because there are many friends who give me help and information, maybe I regret because I don't know bitcoin when they still don't have many investors because at that time bitcoin price is very cheap

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Octron
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August 09, 2017, 11:14:11 AM
 #1211

1. not early enough invested in BTC

2. not thinking long therm

3. Using money i couldn't afford to lose/invest (only invest money you can afford to lose!)

4. Getting in dept (as always there is good dept and bad dept -> robert kiyosaki - rich dad poor dad)
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August 09, 2017, 01:19:17 PM
 #1212

Oh, i really made many worst decision. Like choosing to use my money for fun instead of buying bitcoin and keep it, also sell bitcoin because i want to buy things, and ended up the price increases highly.
Just, regret it so much. Because i think if i haven't sold it, then i will gain even more money.
But it's too late lol. at least, leasons learned.

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August 09, 2017, 01:47:13 PM
 #1213

I don't really regret my decision on bitcoin until now because there are many friends who give me help and information, maybe I regret because I don't know bitcoin when they still don't have many investors because at that time bitcoin price is very cheap
Nobody knows that bitcoin price is rise really fast this year. My worst decision is when I was novice trader I use my btc to buy altcoin then I didn't found the right time for sell it back. The amount of  btc isn't much at that time but it's value has been increase now. Novice trader's are really have to learn before trading.
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August 10, 2017, 12:59:04 AM
 #1214

My worst decision is that hearing about Btc and not investing in it.
I was putting all my money in glambling because I am a huge fan of football.
I think it's a natural thing when you know bitcoin and then buy but do not keep it for long term, I also do that.
So I'm really sad when prices skyrocket but I do not have bitcoin stash for me to sell and get for very big ones
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August 14, 2017, 07:37:29 AM
 #1215

My worst decision is that hearing about Btc and not investing in it.
I was putting all my money in glambling because I am a huge fan of football.
Just as I did, I bought bitcoin at a cheap price a few years ago but that I use to gamble only and then the profits I am converting to fiat, and I do not even invest for the long term, and right now I'm so sorry why I do not keep bitcoin From a few years ago
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September 07, 2017, 08:46:23 AM
 #1216

I did not took any poor Bitcoin determination so much
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September 07, 2017, 09:40:43 AM
 #1217

Well, my biggest regret is that I didn't start using Bitcoin early since the first moment I heard about it. I wasted many opportunities to collection Bitcoin.
Once I had 0,5 BTC in my wallet that I collected from faucets, but the price of Bitcoin was not worthy, so I forgot my private key and the funny thing is that I didn't care about it. You can imagine how much I regret that.

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September 07, 2017, 09:59:46 AM
 #1218

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
My only regret was that when I had 1 bitcoin last 2015 that was bitcoin is still 229 dollars. I am now getting rich if have not withdraw that bitcoin in my wallet. Now I start to store again although the price is high because I believe the price would be much higher in the future.
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September 07, 2017, 10:17:16 AM
 #1219

My biggest regret I have done to my Bitcoin is cashing it out at the wrong time(I was just beginning to learn about bitcoin), at the time I have no idea of the sudden changes in the currency so I was too excited about earning my very first Bitcoin that what I have had cashed out is almost 50% of what I should've got. I am so frustrated and felt so stupid for being so ignorant, but other than that it's my only decision gone wrong.

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Wittycoin
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September 07, 2017, 11:10:29 AM
 #1220

The worst bitcoin decision that i made was having a doubt to buy it or not when the price is still low and i did not buy. Back then the price of bitcoin is only above 1000 dollars, it was only on march. Its price was rapidly grown untill today the price is already 4000$. I missed the best chance to invest.
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