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Author Topic: What are the biggest mistakes you've done with Bitcoin?  (Read 18084 times)
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December 08, 2017, 08:14:12 AM
 #221

Underestimating bitcoin and not investing earlier when the price is still low. Gambling and exchanging it with a low potential altcoin.

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December 08, 2017, 11:01:52 AM
 #222

Discover Bitcoin Two years later  Sad


me too, im too late in entering bitcoin world, my friend already introduce bitcoin to me but i don't give any attention from it, but I've notice this past few months that my friend already have his own car because of bitcoin. that was the time that I take bitcoin seriously. maybe if I listen to him during the time that bitcoin is only 60k. may now im already have my own car and house too. for now im also try trading and joining some signature campaign and i got payout weekly.
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December 09, 2017, 05:39:11 PM
 #223

Spent a considerable amount of bitcoin on 3 revshare sites last year. Almost had my seed money back but the lure of internal compounding resulted in me just getting around 10% of what I initially put in before the sites closed.
Actually five months’ before I have done a mistake which I can’t forget and that mistake give me a lesson for future because it never happen before but on that day I did not check the price of bitcoin and I see all my bitcoins in that dealing I did a very big mistake now I check the price of bitcoin every day because small mistake can make a big problem for you it's mean bitcoin price matter and need to be very careful when you want to buy or sell.

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December 09, 2017, 05:45:41 PM
 #224

the biggest mistake i made was i sold my btc when its price was only few dollars  Cry
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January 08, 2018, 02:46:08 AM
 #225

Biggest mistake is not being able to hold. Sold all my good coins and now they're pumping and me regretting hahahaha
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January 08, 2018, 03:01:00 AM
 #226

When I don't secure my wallet and suddenly got hacked
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January 08, 2018, 03:02:30 AM
 #227

Lost data account of my encrypted wallet with 0.6 BTC inside
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January 08, 2018, 03:03:03 AM
 #228

As the topic says, What are the biggest mistakes you've done with Bitcoin?

I'm trying to gather just a list on things that have gone wrong. This can be terrible backup stories, client hacks, reversing at MtGox and such.
I don't want to gather a list of hacks of commercial sites in particular because there are plenty of information on that already.

I will post everything I find on this very simple website:
http://sites.google.com/site/whoissatoshi/bitcoin-mistakes


Don't be shy!


EDIT: Please add some context, interesting details etc to make it a nice story.

The first mistake i've done in bitcoin is that i do not beleive in bitcoin when the first time I discovered it, I do not accept it for some important reason but time comes that i really need money so I pursue bitcoin. Another big mistake i've done is to cash out my 0.01 btc I earned when I was junior. That time, the value of bitcoin is 2000$ or 100K peso. I really do not know what I am thinking in that time. I think i am excited to hold in my hands that money since it is my first time to earn that big money. Instead of cash out, i must hold it.

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Mumbeeptind1963
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January 08, 2018, 03:16:13 AM
 #229

Spent a considerable amount of bitcoin on 3 revshare sites last year. Almost had my seed money back but the lure of internal compounding resulted in me just getting around 10% of what I initially put in before the sites closed.
I considerable my biggest mistake I've done in bitcoin is not trusting to it the first time I know it because of it don't have knowledge about cryptocurrency and I don't know how to use it. But right now I didn't mind at all the mistake I've done in bitcoin because even i refuse to use it at first still enter the world of bitcoin.

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January 08, 2018, 09:57:36 AM
 #230

My biggest mistake with bitcoin is not involved in any amount of bitcoin.
My biggest mistake is I don't invest on bitcoin when I heard the news that a man sold his 10k bitcoins for 2 boxes of pizza. Because I was scammed at some money making online program like HYIP. It made me skeptical of it. And I didn't take the opportunity to invest on it.
Heck I can give that man 5-10 boxes of pizza for him in that time. Damn the regret is high up until now.
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January 08, 2018, 10:01:21 AM
 #231

Not buying in bitcoins when i had funds to buy them and ending up loosing bitcoins when my system crashed as i did not have back up copy of private key and wallet address.

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January 08, 2018, 10:03:40 AM
 #232

When i sell all my bitcoin when it still cheap and miss the train when it has being pump up. I loss almost triple from it actually price and that was annoy me to much.
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January 08, 2018, 10:05:25 AM
 #233

As the topic says, What are the biggest mistakes you've done with Bitcoin?

I'm trying to gather just a list on things that have gone wrong. This can be terrible backup stories, client hacks, reversing at MtGox and such.
I don't want to gather a list of hacks of commercial sites in particular because there are plenty of information on that already.

I will post everything I find on this very simple website:
http://sites.google.com/site/whoissatoshi/bitcoin-mistakes


Don't be shy!


EDIT: Please add some context, interesting details etc to make it a nice story.
The biggest mistake taht I made in bitcoin is when I sold my bitcoins around $4000. I didn't actually though that its pruce would go upto $19000 dollars. I also regret selling my other coins and just a day after that its price juat tripled. It is just so frustrating.
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January 08, 2018, 10:08:58 AM
 #234

As the topic says, What are the biggest mistakes you've done with Bitcoin?

I'm trying to gather just a list on things that have gone wrong. This can be terrible backup stories, client hacks, reversing at MtGox and such.
I don't want to gather a list of hacks of commercial sites in particular because there are plenty of information on that already.

I will post everything I find on this very simple website:
http://sites.google.com/site/whoissatoshi/bitcoin-mistakes


Don't be shy!


EDIT: Please add some context, interesting details etc to make it a nice story.

The 2 biggest mistakes I made on bitcoins are not investing before and investing too early. The time I knew bitcoins was around 2012 when bitcoins before were really cheap. I did not even bother buying bitcoins before because I did not know how. Even if I did, I had no money with me. Recently, I made a too early investment. The thing is, whenever I invest on something, something bad usually happens. It did this time. When I invested a large amount of money on bitcoins, the price declined.

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January 08, 2018, 10:15:29 AM
 #235

Gamble about 150 BTC away around 5-10 dollar range.

Next biggest was to sell most of my coins on the way back up @ $26.

Gambling is very risky because you do not really know how their website works and you can become broke within just one day if you did not play well. I highly suggested that you should focus on trading rather than playing on betting sites because you have a higher probability to earn profit on the market.
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January 08, 2018, 10:55:23 AM
 #236

My biggest mistake that i've done with bitcoin was i'm to late to start this
And i don't hear my friend when they start it and now they already taste money from bitcoin
But thats okay to late than ever i think

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January 08, 2018, 11:10:49 AM
 #237

I have heard about this bitcoin technology back in 2010, but the biggest mistake i have done is  I did not get serious on to this bitcoin network back then, and that is a biggest loss in my when I got in the community the bitcoins have reached so high that it is not easy get even 1 bitcoin.
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January 08, 2018, 11:17:34 AM
 #238

The biggest mistake I do not know about bitcoin, after I read and learn bitcoin is very good to be made a promising income.
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