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Author Topic: What are the biggest mistakes you've done with Bitcoin?  (Read 18155 times)
Pettuh4
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March 02, 2017, 05:16:42 PM
 #161

I lost 0.5 BTC to gambling last December while I could have shopped with it. It was greed I thought I could double it through sports betting and I lost it in just an hour and thirty minutes. The scar is still deep within my heart.
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March 02, 2017, 05:31:52 PM
 #162

Honestly, my biggest mistake with bitcoin is that I joined to late.
I had opportunity to join a year or two earlier but was skeptic and missed great opportunity to collect many bitcoin for only $ 200 or so.
When I see today's price of bitcoin, I feel sad.
It's school, I guess.

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March 02, 2017, 05:52:17 PM
 #163

Because my fellow libertarians were speaking of this as the next big thing I bought $50 worth of btc when they were in the 70 cent range. I didn't think anything of it I was just supporting cause as I had many of my fellowman's causes. Being the organized person I am and not really comprehending the concept I lost the wallet most likely instantly.

While I'm certain I would have sold in the pre $100 range I still look wistfully at that illusionary $70-80,000.   
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March 02, 2017, 07:58:10 PM
 #164

the biggest mistakes I've done with Bitcoin is simply spendig all when it was cheap years ago ! Why the fuck i have not keep at least 10 bitcoins.. It could help me a lot  now in 2017. Over 11k USD is like 10 months working full time like a slave
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March 02, 2017, 08:20:02 PM
 #165

Losing big amount in gambling. Often used to make decisions of spending little on gambling events. If loss is experienced at the beginning gradually to earn the lost amount used to increase the betting amount. In such manner lost much.
yeah gambling is a huge problem for a lot of people in a bitcoin world and it is one of the most horrible addictions in the world. My biggest mistake is that I tried doing some trading with it, it was really unsuccessful and not that I did not make any bitcoins, I actually managed to lose money with that thing.

the biggest mistakes I've done with Bitcoin is simply spendig all when it was cheap years ago ! Why the fuck i have not keep at least 10 bitcoins.. It could help me a lot  now in 2017. Over 11k USD is like 10 months working full time like a slave
yeah, if you want to have a lot of profit out of it you should just hold your bitcoins, but for bitcoin itself it is better that you would use it all the time.

 
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March 03, 2017, 09:38:43 PM
 #166

Losing big amount in gambling. Often used to make decisions of spending little on gambling events. If loss is experienced at the beginning gradually to earn the lost amount used to increase the betting amount. In such manner lost much.
The biggest mistakes I've done with bitcoin is when I didn't buy it when bitcoin was 800$ something, it was really regrettable to me why I didn't listen to my friend. That's why every time i can buy bitcoin, I do it most of of the time.
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March 03, 2017, 11:08:00 PM
Last edit: March 04, 2017, 12:10:35 PM by el kaka22
 #167

Losing big amount in gambling. Often used to make decisions of spending little on gambling events.
Not just you, probably more than 50% of bitcoiners would have experience some bitter days with gambling. Some of them will mark those as their biggest mistakes. Because out of greedy no one will control themselves from gambling and thus from gambling mistakes. If we are not experienced gambling after knowing bitcoin that must be a very big achievement imho.

If loss is experienced at the beginning gradually to earn the lost amount used to increase the betting amount. In such manner lost much.
In near past when I just earned a few I have waste a lot of the at different sites having not enough knowledge and in search to make it more and more but this is very helpful for me and taught me a lot of things now I am pretty much experienced and have a lot of knowledge about all the sites on the internet associated with bitcoins.

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March 06, 2017, 02:37:50 PM
 #168

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.
Yes one of the biggest mistake you could doon bitcoin is on gambling all your bitcoin . Because a faster way to earn is too tempting not to try so many people fall to do such things. Me personally do gamling before ,because i knew that in gambling you can earn more or even double earnings in a short period of time. But the day will come that you will realize that gambling is not worth it and you will stoo gambling .
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March 06, 2017, 03:01:27 PM
 #169

There are many mistakes that I did with bitcoin in the past as when I was new to bitcoin I sent my bitcoins to wrong address and other mistake was using my bitcoins in gambling where most of the times I lost my money and loosing in gambling is still going on and god knows when I will quit gambling.

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March 06, 2017, 10:49:16 PM
 #170

There are many mistakes that I did with bitcoin in the past as when I was new to bitcoin I sent my bitcoins to wrong address and other mistake was using my bitcoins in gambling where most of the times I lost my money and loosing in gambling is still going on and god knows when I will quit gambling.
yes i also done different mistakes in different time. in resent time i sell some of my bitcoin in 1000 USD price and now i am regretting that i have made a big mistake.
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March 07, 2017, 12:00:07 AM
 #171

There are many mistakes that I did with bitcoin in the past as when I was new to bitcoin I sent my bitcoins to wrong address and other mistake was using my bitcoins in gambling where most of the times I lost my money and loosing in gambling is still going on and god knows when I will quit gambling.
yes i also done different mistakes in different time. in resent time i sell some of my bitcoin in 1000 USD price and now i am regretting that i have made a big mistake.
I feel what you are feel in that time since i experience too mistaken sending bitcoin to a wrong address..
But this is not the worst mistake that i made investing a large amount in ponzi is the large mistake that i made before that i thought that can brings me passive income.. but few days they turn into scam..

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March 07, 2017, 01:27:46 AM
 #172

worst mistake i ever did with bitcoin is invest my bitcoin at hyip or ponzi game
i do that when i am newbie at bitcoin and investing program
i am interest it because my friend can make big profits from it, after get losses from it i hate ponzi and stay away from it
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March 07, 2017, 06:21:50 AM
 #173

My biggest mistake that I have done on bitcoin is I trust someone that I really don't know who he is because he says to me that I invest on that site then you earn profit everyday forever. And because I am new in bitcoin on that day and because he is good in salestalk then he has a proof that the site is paying so I invest bitcoin then at first its paying but after a couple days it stop paying then the site is cannot open. Then the most worst is I had scammed already then I had scammed again, lost again BTC.
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March 07, 2017, 06:27:20 AM
 #174

My mistake is very normal and popular. I sold some of my coins at the very low price and I regret selling them. Since I'm still newbie way back then, I don't have any signals and I wasn't able to follow predictors opinion. So instead of being calm the feeling that reigned to me is to do panic selling. But as of now, I'm trying to fix that mistake.

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March 07, 2017, 06:32:02 AM
 #175

worst mistake i ever did with bitcoin is invest my bitcoin at hyip or ponzi game
i do that when i am newbie at bitcoin and investing program
i am interest it because my friend can make big profits from it, after get losses from it i hate ponzi and stay away from it
Me too. I was stupid and didn't know anything about Ponzi and HYIP site before, and keep deposited my money into Ponzi site for higher profit. But in the end they ran away my money and closed their service and then I stay away from HYIP.

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March 07, 2017, 06:39:36 AM
 #176

This might be much stupid incident than others.
One morning when I was a newbie in the Bitcoin world, I was learning about trading and was trying to make some transactions. I used to check the rates regularly but never tried to buy or sell. But this time I felt to buy n sell, long story short I sold my bitcoins for a lower price and bought the same amount of Bitcoins for a higher price..  Cry
Lost more than 0.1 BTC..  Cry

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March 07, 2017, 06:49:29 AM
 #177

worst mistake i ever did with bitcoin is invest my bitcoin at hyip or ponzi game
i do that when i am newbie at bitcoin and investing program
i am interest it because my friend can make big profits from it, after get losses from it i hate ponzi and stay away from it

Same with me, the first time i know bitcoin. I've been fooled by several Ponzi schemes sites like HYIP and some cloudmining that already closed.
I think things like that are commonplace for new users in the world of bitcoin because their knowledge about it. But in fact such a thing can also be avoided by actively reading the threads here. But at that time I was not familiar with bitcointalk and I think this incident is a serious error by believing hyip sites and cloudmining. Thank you
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March 07, 2017, 06:57:42 AM
 #178

The biggest mistake that I've ever made in bitcoin was when I forgot to save my password in one exchange platform which I signed up. It was pitiful by that time in my part. Why? because  I had a lot of coins which I saved to that exchange I won't mentioned it what trading platform is that, I tried to contact their admin but nothings happen, Until I accepted the fact that I've loss big amount of BTC I think its round  about 0.8btcBTC. So I take it a big lesson to me.  Cry
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March 07, 2017, 09:06:09 AM
 #179

Probably the biggest mistake i have done with  Bitcoin is selling them when it was around $300.  We were about to leave bitcoin back then so we decided to sell it to buy an item and venture that small business.  We have no luck with that business so I decided to go back to Bitcoin last year. When Bitcoin start to pick up its price.  If I could turn back the time, I would have suggest to hold that BTC and wait till now to sell it if the group really wanted to  sell.

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March 07, 2017, 09:34:20 AM
 #180

Probably the biggest mistake i have done with  Bitcoin is selling them when it was around $300.  We were about to leave bitcoin back then so we decided to sell it to buy an item and venture that small business.  We have no luck with that business so I decided to go back to Bitcoin last year. When Bitcoin start to pick up its price.  If I could turn back the time, I would have suggest to hold that BTC and wait till now to sell it if the group really wanted to  sell.
Its too late to regret since past is past and you are not the only one being able to sell off their bitcoins on cheaper price compared as to now. We do really commit this kind of mistake since we dont know the price of bitcoin in the future.My mistake that i made on bitcoin is that i invest on hyip sites.

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