Worst bitcoin decision you've ever made?

[gentlemand]

There are lots of alts with fine features and noble intentions. Unfortunately the worthwhile ones are just as primed for pumping and stranging by those looking for more BTC as the blatant scams are.

[Corelianer]

My worst decision was to buy on the top in January 2014.

I bought in January 2014 too, but that was not a mistake since it's a tactics of mine to buy over a longer period, I also got some at 420$ recently, because I buy every month, no matter what.

[keithers]

My worst decision was to buy on the top in January 2014.

I bought in January 2014 too, but that was not a mistake since it's a tactics of mine to buy over a longer period, I also got some at 420$ recently, because I buy every month, no matter what.

Ate you buying a set btc or dollar amount every month, or does it vary?

[Corelianer]

My worst decision was to buy on the top in January 2014.

I bought in January 2014 too, but that was not a mistake since it's a tactics of mine to buy over a longer period, I also got some at 420$ recently, because I buy every month, no matter what.

Ate you buying a set btc or dollar amount every month, or does it vary?

I buy a dollar amount about twice a month. It used to vary, but it's now steady. I also keep an iron reserve of dollars in a case of a deep dip.

[ljudotina]

My worst decision was to buy on the top in January 2014.

I bought in January 2014 too, but that was not a mistake since it's a tactics of mine to buy over a longer period, I also got some at 420$ recently, because I buy every month, no matter what.

Ate you buying a set btc or dollar amount every month, or does it vary?

I buy a dollar amount about twice a month. It used to vary, but it's now steady. I also keep an iron reserve of dollars in a case of a deep dip.

That's smart. If only i could have enough fiat to do the same. I guess youa re true beleiver in BTC. If BTC becomes success, you are gonna be really rich and i wish it with all my heart for you.

[redwhitenblue]

My worst decision was to buy on the top in January 2014.

Actually this might not be a bad decision in the long run, if you don't sell them off in the meantime.
Just try to be patient and hold them.

In January we were @ 700-900$ if I remember correctly, if you buy some now you can have an average cost of around 620$ per coin which is very good compared to the upside potential

You would still be showing a paper loss as of now. If you were to need the funds then you would be forced to realize that loss.

It is not good to say "the price will go up in the future so I am doing well even though I am showing a loss now"

[ALToids]

My worst decision was to buy on the top in January 2014.

Actually this might not be a bad decision in the long run, if you don't sell them off in the meantime.
Just try to be patient and hold them.

In January we were @ 700-900$ if I remember correctly, if you buy some now you can have an average cost of around 620$ per coin which is very good compared to the upside potential

You would still be showing a paper loss as of now. If you were to need the funds then you would be forced to realize that loss.

It is not good to say "the price will go up in the future so I am doing well even though I am showing a loss now"

You don't invest with money you need to live or might need in an emergency.  You invest only with spare funds you would have lost gambling or buying a guitar or something.

[boumalo]

My worst decision was to buy on the top in January 2014.

Actually this might not be a bad decision in the long run, if you don't sell them off in the meantime.
Just try to be patient and hold them.

In January we were @ 700-900$ if I remember correctly, if you buy some now you can have an average cost of around 620$ per coin which is very good compared to the upside potential

You would still be showing a paper loss as of now. If you were to need the funds then you would be forced to realize that loss.

It is not good to say "the price will go up in the future so I am doing well even though I am showing a loss now"

In you invest for long term, wait long term, no need to be depressed because you lost 10-25% on a high risk investment; if it makes you depressed it means you invested too much

[SirChiko]

My worst decision was to buy on the top in January 2014.

Actually this might not be a bad decision in the long run, if you don't sell them off in the meantime.
Just try to be patient and hold them.

In January we were @ 700-900$ if I remember correctly, if you buy some now you can have an average cost of around 620$ per coin which is very good compared to the upside potential

You would still be showing a paper loss as of now. If you were to need the funds then you would be forced to realize that loss.

It is not good to say "the price will go up in the future so I am doing well even though I am showing a loss now"

In you invest for long term, wait long term, no need to be depressed because you lost 10-25% on a high risk investment; if it makes you depressed it means you invested too much

Uhm...i don't think it's bounded to the sum, for example if i had 100 euros on a day/week or so and i would loose 10 it's only 10% but i would still be kind of depressed that i've lost them.

[boumalo]

My worst decision was to buy on the top in January 2014.

Actually this might not be a bad decision in the long run, if you don't sell them off in the meantime.
Just try to be patient and hold them.

In January we were @ 700-900$ if I remember correctly, if you buy some now you can have an average cost of around 620$ per coin which is very good compared to the upside potential

You would still be showing a paper loss as of now. If you were to need the funds then you would be forced to realize that loss.

It is not good to say "the price will go up in the future so I am doing well even though I am showing a loss now"

In you invest for long term, wait long term, no need to be depressed because you lost 10-25% on a high risk investment; if it makes you depressed it means you invested too much

Uhm...i don't think it's bounded to the sum, for example if i had 100 euros on a day/week or so and i would loose 10 it's only 10% but i would still be kind of depressed that i've lost them.

Didn't talk about a particular sum, said that if you are depressed to lose it it means you invested too much; in your exemple you would have invested too much

[Dps23]

the worst decidion was to sell all that litlle suckers for $100 last year cause I thought that sucker is totally overbought and must decline to $10 again and then I tried to buy some coins back in November 2013 which was another mistake cause that fat sucker Karpeles pumped the price up to $1,190 with his bots and then shut down his shop with all my bitcoins and $$ in it.  Hope Karpeles will never get out of jail and never see sun without steel bars before his eyes.

[Dalmar]

After having cashed out all my bitcoins at 1K last November I refused to short bitcoin as I thought it was ''too risky'' (intimidated by the 10X increase in a month). Could have made a lot more shorting that epic China crash. Oh well.

[gentlemand]

After having cashed out all my bitcoins at 1K last November I refused to short bitcoin as I thought it was ''too risky'' (intimidated by the 10X increase in a month). Could have made a lot more shorting that epic China crash. Oh well.

Congrats on the sell timing anyway.

[Skele]

With enough foresight, smart research and productive discussion you can't make a bad decision with Bitcoin 

[lynn_402]

After having cashed out all my bitcoins at 1K last November I refused to short bitcoin as I thought it was ''too risky'' (intimidated by the 10X increase in a month). Could have made a lot more shorting that epic China crash. Oh well.

This is not really a bad decision, more like not doing a good decision

There would have been high risk in doing that, and you've done well in staying away if you were not confident enough.
Sure, it seems like it would have been easy in retrospective, but it could very well have crashed back to 200$ and stayed there for a long time.

[scarsbergholden]

That's a tough one. Probably selling more coins than I would like to admit in the $10 range.

[moriartypants]

Sending money to vircurex after their first hack thinking "Lightning can't strike twice!"

[SunBin]

Sold off too soon, and bought back during China bubble ...

[zhinkk]

Pretty much gambling. Lost .6BTC+ at a time. I did earn quite a bit but I regret it mostly. The house always win in the end.

[CoinDiver]

Pretty much gambling. Lost .6BTC+ at a time. I did earn quite a bit but I regret it mostly. The house always win in the end.

That's why just-dice was great. You could be the house. I lost 12 BTC to satoshidice. That was stupid.