Bonam
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September 10, 2014, 07:03:34 PM |
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Apart from the same "worst decision" everyone's made (not getting in early enough), I'd say probably the other worst decision was investing in bitcoin companies. In the long term, no investment led to anything but significant losses.
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belk
Newbie
Offline
Activity: 56
Merit: 0
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September 16, 2014, 08:25:27 AM |
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Maybe buy when it was way up and not selling since. But the buying was the worst decision I have.
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Hunyadi
Legendary
Offline
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
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September 16, 2014, 09:40:40 AM |
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Buying Gridseed miners
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▂▃▅▇█▓▒░B**-Cultist░▒▓█▇▅▃▂
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giveBTCpls
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September 16, 2014, 06:05:34 PM |
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Being in 4chan and seeing a lot of guys pumping Maza, how it was going to go to the moon and so on, so I thought why the fuck not? This Payus guy looks legit. Bought about 0.15 and guess what, next morning it started to crash into oblivion. Oh, I also could have made like 2 BTC off the little AUR i mined during the mega bubble, didnt sell because I was too fucking greedy. FML
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Mr.Silver
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September 16, 2014, 07:29:09 PM |
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I bought 2 BTC just before the fall, I lost 600$ in one day
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bigasic
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September 16, 2014, 09:06:37 PM |
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This one is a no brainer. Paid roughly 3500 bitcoins for a mini rig. At the time btc was approx 8 bucks a piece. Had I held on to them, I would have become a millionaire a few times over. Had BFL shipped on time, it would been a good bet, but It was bad timing. I also should have invested into friedcats deal. I came really close, but didnt.. It seems like every investment turned out bust. the ones I turned out were the ones i should have invested in.. So, I totally believe in buying and holding..
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STT
Legendary
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Activity: 4088
Merit: 1452
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September 16, 2014, 09:26:00 PM |
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Not buying 21000000 BTC back in the day If you had bought all available I dont think we'd be using btc. All these posts of losing out also means alot of btc was circulated / used which helped spread the value about and increase the market in btc ? I think it had to be dirt cheap and rise fall a few times to raise awareness and give opportunity to get involved. Right now BTC is falling and again it might mean more people buy who would have skipped it altogether at 1000
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AlexMine
Newbie
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Activity: 12
Merit: 0
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September 17, 2014, 09:13:04 AM |
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Buying & selling huge BTC-amounts when it was 10$ per ea. No B&H strategy, so this punished me (and lots of us as well).
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tinkersay
Newbie
Offline
Activity: 23
Merit: 0
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September 18, 2014, 07:08:14 AM |
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Paid first with an unknown player. ffffck
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arcanum
Newbie
Offline
Activity: 56
Merit: 0
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September 18, 2014, 04:33:38 PM |
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Not buying a couple hundreds in 2010
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llanillo
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September 18, 2014, 04:56:29 PM |
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Bought some gh/s on cex.io.... Lose my money
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Sevvero
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September 18, 2014, 05:32:00 PM |
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Not selling in 4 digits when I had the chance. Was a real idiot back then. At least wasn't big enough idiot to buy at these prices.
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James1970
Newbie
Offline
Activity: 68
Merit: 0
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September 18, 2014, 06:45:53 PM |
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haha so many I can't count buy high sell low
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Slingshot
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September 18, 2014, 07:52:33 PM |
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RE: Worst bitcoin decision you've ever made?
The worst decisions I have ever made concerning Bitcoin is listening to any doubters.
I have repeatedly learned to trust my own instincts and to always remain extremely patient. The rewards for being extremely patient have been many, and any setbacks have always been overcome by the march of time.
Had I entered Bitcoin in 2011, instead of later I would of course been much better off since then. But had I continued to give credit to the doubters I would have never entered into Bitcoin at all.
Today, I am much better off financially because of Bitcoin, thus displaying my own instincts as being vastly superior to any nay saying doubters on this entire topic.
To those desiring to enter into bitcoins the best advice is to gradually dollar-cost-average your way into them without further delays and be extremely patient while having the courage of your own convictions.
That is what I did myself, and it's timeless, sage financial advice for all investors and speculators too. I have purchased bitcoins, mined bitcoins, and traded alt. coins too, all for an end result of ever more bitcoins, albeit with many a setback along the path of trading cryptocurrencies.
Just one caution, for years now, it's been most profitable to outright purchasing bitcoins. But mining them is rewarding too, as can the ultra high risk of trading them to and from alt. coins. And as the value of each bitcoin rises over time one's mining efforts should also prove to be rewarding if one has done all their due diligence by choosing the most efficient miners.
I am a long term holder with a duration of at least 5 years, starting 18 months ago. In 3 1/2 years from today I am extremely confident I will have done the correct thing by holding almost all of them for the long term duration of 5+ years time. Lastly, because I am extremely patient, and have the courage of my own convictions I wont be scared out of bitcoins, no matter what.
To many of us in Bitcoin this is viewed as a do or stay enslaved situation to end the banking tyranny of our world by ushering in the DECENTRALIZED Bitcoin Monetary Revolution, and thus eventually squeezing bankers out of the command and control of our global monetary and fiscal policies, not to mention taking their money creation monopoly away from them.
Bitcoin is Monetary Freedom for all.
As always: Caveat emptor - let the buyer beware!
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zadiume
Member
Offline
Activity: 70
Merit: 10
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September 18, 2014, 11:31:29 PM |
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Not buying bitcoin on a daily basis.
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cryptworld
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September 19, 2014, 02:28:37 AM |
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my worst was not entering when I saw it at 100$ I should have read more about bitcoin in that moment
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aleckloss
Full Member
Offline
Activity: 182
Merit: 100
Official BitFoundry Dev
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September 19, 2014, 03:10:36 AM |
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Not keeping my BTCD bought at 1000sat...
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BitFoundry - The Future is Transparent BTC Donation Address: 17pfLHegqJ3EPkbitbkyw37hi4ATvvJRdD
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u9y42
Legendary
Offline
Activity: 2562
Merit: 1071
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September 19, 2014, 09:14:44 AM |
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Not buying a couple hundreds in 2010 Pretty much the same for me; I was considering either buying some, or using my laptop to mine and generally play around with Bitcoin back then, but decided it was too much trouble for little gain...
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gagalady
Legendary
Offline
Activity: 938
Merit: 1000
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September 19, 2014, 10:45:20 AM |
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Not buying enough socialxbot.
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boumalo
Legendary
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Activity: 1918
Merit: 1018
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September 19, 2014, 12:02:11 PM |
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my worst was not entering when I saw it at 100$ I should have read more about bitcoin in that moment
It is only 400$ now! If it was a good investment then it is a good investment now, it is easier to buy now than it was at 100$ because the chances of success are much higher now than before
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