freshofftheboat
Newbie
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Activity: 5
Merit: 0
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November 20, 2016, 10:55:14 PM |
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I'm just getting started, so I still have yet to make any sort of mistake. I'm hoping that I never do, but chances are I'm going to end up screwing myself over one way or another.
Would it be worth it to avoid investments for the first while and watch to see which ones turn out to be scams, fraud or whatever?
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No Gods or Kings. Only Bitcoin
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SparkIt
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November 20, 2016, 10:57:50 PM |
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I'm just getting started, so I still have yet to make any sort of mistake. I'm hoping that I never do, but chances are I'm going to end up screwing myself over one way or another.
Would it be worth it to avoid investments for the first while and watch to see which ones turn out to be scams, fraud or whatever?
You wont learn by just watching, you gotta experience it. Invest in stuff but go in small, if you think you can afford losing $5 in a coin that seems interesting and might get you $150 reward - do it. But don't invest $100 until you know your stuff! |
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harizen
Legendary
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Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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November 20, 2016, 11:05:00 PM |
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We all made mistakes in bitcoin, either trading, investing, coding.
Other than not buying bitcoin at 0.01$ per coin when it started, what is your biggest mistake you did ?
I don't ever consider as a mistake if a person isn't able to bought bitcoins at any cheap rates it was passed since after all we didn't know what will be the price of it later. I considered that as a regret instead and to cope up with that regrets we have to act the moment we think the price is right to buy coins and "face all the possible risks" after putting money on this crypto. Majority of bitcoin mistakes activity are those things that we already know what will be the possible output, at least, e.g investing on a ponzi or cloudmining scheme, putting money on web wallets, exchange site activities etc. Some mistakes are also human errors, like sending to a wrong wallet address, not enhancing the security of the coins, lost backup etc. |
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unamis76
Legendary
Offline
Activity: 1512
Merit: 1005
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November 20, 2016, 11:15:28 PM |
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Disregarding Bitcoin when I first heard about it. To my defense, it's wasn't nicely presented to me, unfortunately  how much was BTC worth the first time you acquired it ? Don't really remember... Around 400$ maybe if I'm not mistaken  A bit late. Bought in very low quantities. |
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Adbitco
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November 20, 2016, 11:22:07 PM |
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The only mistake I made was when I invested some of my bitcoin in a doubler. I was quite depressed and stressed having lost my money it was like I made an investment today and they went away with my money the very next day. It was my hardly earned money. But they taught me a lesson and now I don't trust such scammers.
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Victorycoin
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November 20, 2016, 11:31:33 PM |
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My biggest mistake with bitcoin is that I wasted so much time gathering dust and not paying closer attention to the things that mattered most, However, there are no regrets, I have settled to see all that as necessary learning period. Other than that, the days I saw the exchanges as reliable entities to entrust my coins in their hands were a big mistake, I know better now and so do many bitcoiners.
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shinratensei_
Legendary
Offline
Activity: 3080
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
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November 20, 2016, 11:43:08 PM |
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1: investing in the DAO and than get screwed.
2: Keeping my bitcoins at BitFinex and losing them all after the hoax.
3: Buying bitcoin back again at the top of 2016 = approx. 750 dollar a piece.
4: After buying btc I found out my pc was infected by a bitcoinstealer.exe and my bitcoins are stolen again.
5: I threw my pc out of the window and bought a new pc, the end..
I may think if this can't get explain, every time I was making my fault and all of the faults it worst. But bitfinex and DAO was becoming the worst one ever. |
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Vod
Legendary
Offline
Activity: 3682
Merit: 3056
Licking my boob since 1970
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November 21, 2016, 12:45:15 AM |
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Buying a video card for 35 bitcoins when they were $10 each.  |
https://nastyscam.com - landing page up https://vod.fan - advanced image hosting - coming soon! OGNasty has early onset dementia; keep this in mind when discussing his past actions.
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BuySomeBitcoins (OP)
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November 21, 2016, 12:47:25 AM |
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Buying a video card for 35 bitcoins when they were $10 each. You contributed to the usage of bitcoin Thank you. |
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FlamingFingers
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November 21, 2016, 12:53:22 AM |
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Biggest mistake for me was wasting one month on Bitcoin Faucets and PTC sites thinking I was getting rich using them. Turned out I was completely dumb and didn't realize that I was getting pieces of pennies!
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BuySomeBitcoins (OP)
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November 21, 2016, 01:27:12 AM |
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Biggest mistake for me was wasting one month on Bitcoin Faucets and PTC sites thinking I was getting rich using them. Turned out I was completely dumb and didn't realize that I was getting pieces of pennies!
I call it a lesson well learned. |
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SparkedDev
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November 21, 2016, 03:09:20 AM |
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Not investing more in altcoins that would get pumped 1000%-5000% in a day or less.
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BuySomeBitcoins (OP)
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November 21, 2016, 03:13:18 AM |
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Not investing more in altcoins that would get pumped 1000%-5000% in a day or less.
XMR ? |
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SparkedDev
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November 21, 2016, 03:15:19 AM |
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Not investing more in altcoins that would get pumped 1000%-5000% in a day or less.
XMR ? There's been a few but yeah. |
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freshofftheboat
Newbie
Offline
Activity: 5
Merit: 0
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November 21, 2016, 06:09:04 AM |
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I'm just getting started, so I still have yet to make any sort of mistake. I'm hoping that I never do, but chances are I'm going to end up screwing myself over one way or another.
Would it be worth it to avoid investments for the first while and watch to see which ones turn out to be scams, fraud or whatever?
You wont learn by just watching, you gotta experience it. Invest in stuff but go in small, if you think you can afford losing $5 in a coin that seems interesting and might get you $150 reward - do it. But don't invest $100 until you know your stuff! I'll keep that in mind then, I don't know if I really want to be risking anything this early on but I'll definitely keep it in mind for the future. Right now I have a very small amount of Bitcoin, something like a few dollars worth, but I'll see if I'm able to get a leg up on that from a signature campaign or something from on here. |
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Gasturcas
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November 21, 2016, 07:36:38 AM |
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My biggest mistake is when I withdrawn and encash my bitcoin. The currency exchange is high that time unlike now. The exchange was even highe nowadays. Thats the most stupid move I had. Another one is that, When I started to gamble. Most of the time, I win but since greed tooks place. I lost more of the rounds in betting. I already learned my lesson and this will make me more wise on how to take care of my bitcoin.
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WhiteSkinnedFREAK
Member
Offline
Activity: 67
Merit: 10
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November 21, 2016, 07:48:30 AM |
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i think everyone can say that they wished they bought it when they were low
maybe we'll regret we didn't get into ethereum
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TomasLoden
Newbie
Offline
Activity: 9
Merit: 0
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November 21, 2016, 08:14:23 AM |
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My biggest mistake was not buying bitcoin when it started, read about it all over the net but never belived in it 100%... HUGE mistake!
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pedrog
Legendary
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Activity: 2786
Merit: 1031
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November 21, 2016, 09:41:20 AM |
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Investing all my hard earned coins into the bitcoin economy, invested in a bunch of bitcoin startups, all end up to be scams, lost a shit load of money.
If you want to make money with bitcoin just stay away from all these "bitcoin businesses".
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chubiruba
Member
Offline
Activity: 88
Merit: 10
Tipsters Championship www.DirectBet.eu/Competition
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November 21, 2016, 10:01:52 AM |
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We all made mistakes in bitcoin, either trading, investing, coding.
Other than not buying bitcoin at 0.01$ per coin when it started, what is your biggest mistake you did ?
but that was my mistake. not at 1 cent, but at a enough low price to make me unconfortable also sell BTC to buy stuff, when prices are low I remember I sold BTC for less than $300 to buy stuff Also I lost more than 1 BTC because somehow I sent to the wrong address |
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