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Author Topic: Your biggest loss with cryptocurrencies?  (Read 5113 times)
asylum1. (OP)
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May 30, 2017, 07:04:56 PM
 #1

According to the prices today, if a kept my bitcoins i'd be up thirty to sixty K

Losing bitcoin due to software or hardware difficulties and being scammed? at least five k

how about you?
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May 30, 2017, 07:10:18 PM
 #2

I think my biggest loss is when I trade my HMQ to BTC when the price was only at .000032 btc per HMQ,
That was my first trade and after a couple of hours the price of HMQ pump up to .00007 btc .

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May 30, 2017, 07:12:52 PM
 #3

Kraken account got hacked a year ago, lost ca 13k $ in those times. Would be 200k in todays prices
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May 30, 2017, 07:24:19 PM
 #4

Not being around to claim my NEM stake when the tokens were send to the BCT inbox. That one cost me dearly at todays valuations. Got to love stakes being retracted.
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May 30, 2017, 07:27:03 PM
 #5

My biggest loss was, when i sold my XEM for 0,12$ biggest mistake ever done Huh Dont know why i did so, even right now...

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May 30, 2017, 07:32:58 PM
 #6

selling nem early
not selling much quark
selling eth at 35
selling evergreen before last pump
mintpal
selling too many btc at 500

that is way over a million dollars of mistakes just there.


still never focus on the bad trades be thankful for the good ones.

I think the big surprises are yet to come.

I can survive and am used to surviving on very little so no big worries. Crypto still gave me more than I ever imagined I would have.

You get better at trading with time. It's almost like unconsciously you pick up some vibes about projects

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May 30, 2017, 07:37:59 PM
 #7

Ok where to start....

1) in 2014 I had approx 60 000 blackoin that I did not sell during the mega pump, I could have gained 30-36 BTC at that time (easy to say after)

2) Last year if I kept all my ETH I had mined instead of selling them to paym my rig I would have over 200 ETH....

3) I sold my ESP at sub 1 sat , could have made 16 BTC last month

But oh well it's fun nonetheless!


But it ain't hurting, because I did not put real money so do I really loss something? I don't think so, I learned a lot!

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May 30, 2017, 07:41:45 PM
 #8

Sold my 5,000 NEM that bought from 800 satoshis for 1,200 satoshis since the price back in that day are almost stable and no movements for half a year that's why I think the price will ever back again at 500 satoshis but it didn't happened. Recently NEM got it's ATH at 13,000 satoshis and now playing at 9,000 satoshis.

That is really doubtful. Now Im holding again around quantity but the price I bought was 7,000 satoshis. Expensive but I don't want to bet late again to avoid regret. I consider the amount I spend as loss so that I will just let it go without realizing that it will give more profit to me.
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May 30, 2017, 07:47:02 PM
 #9

with 10k coin and their 10000% POS, i buy around 16-8k satoshi and stake it on my wallet, when i want to sell, the rate already 1 satoshi. until now i not trade coin with POS

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May 30, 2017, 08:40:29 PM
 #10

I think my biggest loss is when I trade my HMQ to BTC when the price was only at .000032 btc per HMQ,
That was my first trade and after a couple of hours the price of HMQ pump up to .00007 btc .
sorry to hear about your story bro. Anyhow, I have earned a good profit from hmq so far and I have not lost too much from it yet
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May 30, 2017, 08:51:28 PM
 #11

over $1m
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May 30, 2017, 09:02:14 PM
 #12

I am not sure that i can call those as a loss because i did have my profit while selling those coins ,purchased ETH during the initial phase and sold everything when the price touched $9 for the first time, for me it was a good decision at that time because there was a time ETH was having its issues but considering the current price it is a big loss. Smiley
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May 30, 2017, 09:16:17 PM
 #13

turning $250 into 50c on some shitcoin over a week when i couldn't get to the internet. it was so shit i can't remember the name any more.
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May 30, 2017, 09:24:31 PM
 #14

Lost about 0.8BTC due to gambling last year , damn I feel dumb after that .. And I never go gambling again , probably greed already consuming me last year .. I'm so sad and depresses lol ,.. Maybe I'll go invest on some promising alts

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May 30, 2017, 10:17:21 PM
 #15

Lost about 0.8BTC due to gambling last year , damn I feel dumb after that .. And I never go gambling again , probably greed already consuming me last year .. I'm so sad and depresses lol ,.. Maybe I'll go invest on some promising alts

I can't stand gambling. I downloaded that "my vegas" app at the suggestion of some co-workers who have 250K gold coins and after a couple of hours wasted I'm up to a whopping 300 gold coins.. makes me wonder how much of their life they waste playing that crap... those games are so silly I have to mute the sound because they play on people's psychology, making them sound like winners when they broke even on a spin, lol.   If I could download a bot to play the game on windows for me, that's how I'd do it. lol  That's what I did when these same co-workers got me into Clash of Clans, which I quit when I maxed out Town Hall 7 after seeing how much of my life I'd have to waste to make further progress.  There's a reason I'm good at cryptos and the stock market.. because I spend spare hours researching that and not playing these time sink games that serve to waste one's life away.

After watching the free money drain down to nothing in 5 minutes, it makes me wonder how people can even get into gambling... at least the machines. If you're good at poker, blackjack, or have a lot of knowledge about sports or horse racing, that's different. A Milwaukee talk show guy named Mark Belling is into horses and posts his picks on the web.. he's gotten a few really big long odds winners in the last year which could have netted a person several thousand dollars on a 20 dollar bet. That's skill. Sitting at a slot machine, that's just flushing money down the toilet.
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May 30, 2017, 10:25:39 PM
 #16

My biggest lost was definitely Josh Garza's fucking Paycoin scam. Second biggest was pbmining. Third is me being a dumbass and running random wallets on my main computer left and right without sandbox or VM and getting fucked by a malware years ago thinking it wouldn't happen to me.

Learned my lessons on all these fronts; not trusting anything remotely centralized (paycoin, cloud mining) ever since and always only run wallets in VM or in a restricted sandbox.

Not your keys, not your coins!
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May 30, 2017, 10:42:34 PM
 #17

I bought xrp when it was 700 sat and sell it when it dropped down to 600 sat. That was my terrible mistake because 1 month after that event, xrp has got up to 6000 satoshi

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May 30, 2017, 10:54:14 PM
 #18

I bought xrp when it was 700 sat and sell it when it dropped down to 600 sat. That was my terrible mistake because 1 month after that event, xrp has got up to 6000 satoshi

your loss is 100 sats per token. everything else is theoretical. most wouldn't hold until the top.
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May 30, 2017, 10:59:25 PM
 #19

Anybody remember ltcgear? 6k just ffffffft!
Also jewels was pretty bad, 9 btc in ico and got out with just under 3. Though with rise in btc I broke even in usd.
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May 30, 2017, 11:07:41 PM
 #20

Lost about 0.8BTC due to gambling last year , damn I feel dumb after that .. And I never go gambling again , probably greed already consuming me last year .. I'm so sad and depresses lol ,.. Maybe I'll go invest on some promising alts

(…)

After watching the free money drain down to nothing in 5 minutes, it makes me wonder how people can even get into gambling... at least the machines. If you're good at poker, blackjack, or have a lot of knowledge about sports or horse racing, that's different. A Milwaukee talk show guy named Mark Belling is into horses and posts his picks on the web.. he's gotten a few really big long odds winners in the last year which could have netted a person several thousand dollars on a 20 dollar bet. That's skill. Sitting at a slot machine, that's just flushing money down the toilet.

Poker, Horse racing and all that only works, because there are people who lose and people who win. If everybody was a pro, nobody would be able to do more than break even.

My biggest loss… well, counting possible future wins (apparently we do), I had 3100 Stratis, which I sold for around 0.4 BTC. It's around 7 BTC right now.

But looking at it like this is living in the rear view mirror. If I added all the trades which could have been better, I would be up like 1000% of what I'm actually up. That doesn't seem to be a good way to look at things.
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May 30, 2017, 11:18:16 PM
 #21

Lost about 0.8BTC due to gambling last year , damn I feel dumb after that .. And I never go gambling again , probably greed already consuming me last year .. I'm so sad and depresses lol ,.. Maybe I'll go invest on some promising alts

(…)

After watching the free money drain down to nothing in 5 minutes, it makes me wonder how people can even get into gambling... at least the machines. If you're good at poker, blackjack, or have a lot of knowledge about sports or horse racing, that's different. A Milwaukee talk show guy named Mark Belling is into horses and posts his picks on the web.. he's gotten a few really big long odds winners in the last year which could have netted a person several thousand dollars on a 20 dollar bet. That's skill. Sitting at a slot machine, that's just flushing money down the toilet.

Poker, Horse racing and all that only works, because there are people who lose and people who win. If everybody was a pro, nobody would be able to do more than break even.

My biggest loss… well, counting possible future wins (apparently we do), I had 3100 Stratis, which I sold for around 0.4 BTC. It's around 7 BTC right now.

But looking at it like this is living in the rear view mirror. If I added all the trades which could have been better, I would be up like 1000% of what I'm actually up. That doesn't seem to be a good way to look at things.


Could have, should have, would have doesn't matter.



Now that would be 126 BTC today but I don't care. It's not just absolutely pointless to get stuck on what if's, that money at the time was very very valueable to me.

I think we should stick to realised trades and not what if's.

Not your keys, not your coins!
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May 30, 2017, 11:20:15 PM
 #22

According to the prices today, if a kept my bitcoins i'd be up thirty to sixty K

Losing bitcoin due to software or hardware difficulties and being scammed? at least five k

how about you?

Invested in ETC thinking that I'm investing in ETH lol, can't remember the exact amount but it was around 50% of my investment as I though I have invested in ETH and made a big mistake by not checking the acronym.

I have bought many shitty coins but none of them was like ICN which made me a good profit and left me a good taste to invest in ICO, but until now none of the ICOs after ICN were much successful as them.

I'm too much afraid to invest in altcoins now especially in top coins in poloniex because everything goes red when I invest Sad.
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May 30, 2017, 11:26:15 PM
 #23

My biggest lost with crypto is buying a lame alt coin in ICO stage, after being promised with great development and a lot of implementation site, the coin become a failure and nobody want it, the other is when I was a newbie I am not really patience in waiting for the eth price to go up and I sell it for a low a price and now the price is up 1000%


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May 30, 2017, 11:31:35 PM
 #24

only got into 4 months ago but bought 31 eth for 16 dollars each sold at 20 usd each

bought dcr at 3 dollars sold at 8 dollars before pump.

bought shadowcash didn't sell on high waited for stupid news and lost half my stake.

basically useless at trading trying to make a quick buck. even tried to get mate to invest in eth and laughed at me. it hard to hold though i only have a few hundred usd so wanted to make more.



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May 30, 2017, 11:53:57 PM
 #25

I had about $60 worth of Steem on Steemit and must have written down the password wrong, I am still auto-signed in but I cant log in on any other PC or transfer the money without the password.

Not a massive loss but slightly annoying.

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May 31, 2017, 12:00:52 AM
 #26

At present, in the past 2 weeks I lost almost .03 BTC Smiley but it is only on market value since I did not sell my coins yet. I am holding it until now, for I know it will bounce back later on. I bought it in its highest  price, not knowing i  that its already starting to dump. It was my mistake, now my funds are stuck with it now in Polo.

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May 31, 2017, 12:04:41 AM
 #27

I haven't really lost since I am in the black, but I have sold way too early. Most recently I bought ETH at 40 and selling at 178 was a mistake.  It's gaining a lot today as BTC is dropping. I'm not sure what to make of that. Maybe the lower price it more attractive to new investors.  I'll just hope there is a big dip on profit taking and buy back in.

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May 31, 2017, 12:06:40 AM
 #28

I had about $60 worth of Steem on Steemit and must have written down the password wrong, I am still auto-signed in but I cant log in on any other PC or transfer the money without the password.

Not a massive loss but slightly annoying.

In case you're using Chrome try Manage Passwords from settings or ChromePass which reads all your "encrypted" passwords.

Not your keys, not your coins!
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May 31, 2017, 12:15:30 AM
 #29

According to the prices today, if a kept my bitcoins i'd be up thirty to sixty K

Losing bitcoin due to software or hardware difficulties and being scammed? at least five k

how about you?

My biggest loss is in ripple, I buy 0,0002150 and sell all at 0,0001000. My analyze says it will go up so I keep buying ripple but unfortunately the price go down, I cutloss and have loss almost 20% from my btc. It's hard to believe because that's my first trade and make me frustration. Now I try to fix my strategy because loss is bad experience, hope not happen again. Have a nice day.

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AusKipper
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May 31, 2017, 12:43:36 AM
 #30

I had about $60 worth of Steem on Steemit and must have written down the password wrong, I am still auto-signed in but I cant log in on any other PC or transfer the money without the password.

Not a massive loss but slightly annoying.

In case you're using Chrome try Manage Passwords from settings or ChromePass which reads all your "encrypted" passwords.

Nah I'm on firefox.

I think its in a notepad file on my broken desktop somewhere, and the hard drives in it are fine its just a motherboard issue, so when I get that fixed I'm pretty sure I'll be able to get it back anyway.

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May 31, 2017, 05:28:14 AM
Last edit: June 04, 2017, 04:25:46 AM by andrei56
 #31

According to the prices today, if a kept my bitcoins i'd be up thirty to sixty K

Losing bitcoin due to software or hardware difficulties and being scammed? at least five k

how about you?
My biggest lost when I was trading came when I was a complete noob in the world of bitcoin and after buying some bitcoin with the intention to use it I saw that the price got lower and I lost the equivalent of 44 dollars, since I was a noob I sold as fast as I could without realizing that is just the way things work in bitcoin.
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May 31, 2017, 06:22:35 AM
 #32

I once mined some earthcoins and sent them to some shoddy altcoin exchange to dump and the exchange instantly goxed me of my mostly free tokens...

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ubercool
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May 31, 2017, 07:12:23 AM
 #33

According to the prices today, if a kept my bitcoins i'd be up thirty to sixty K

Losing bitcoin due to software or hardware difficulties and being scammed? at least five k

how about you?
My biggest lost when I was trading came when I was a complete noob in the world of bitcoin ad after buying some bitcoin with the intention to use it I saw that the price got lower and I lost the equivalent of 44 dollars, since I was a noob I sold as fast as I could without realizing that is just the way things work in bitcoin.

Thats a newbie mistake most of us have done in our early days. Stupider than that I have once bought Bitcoin for a higher price and after some time I felt the price was increased, but the problem was I had misunderstood the whole graph, long story short, I lost some 50-60$. Learnt lesson.
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May 31, 2017, 02:29:18 PM
 #34

My biggest loss to date was about 0.1btc although I have made quite some small amount but the largest amount to date at one goal is that. But I have learnt my lessons that knowing the right time to buy and sell is the soul of any trading activities and that's where the secret of this who will win and those who will lose their investment which is something I have made as a point of duty to always focus on.
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May 31, 2017, 03:23:22 PM
 #35

I have too many losses, 40 LTC when they went to 40 bucks each but I had sold for 3 bucks because we were out of work. 30 BTC worth of QBK that were stolen by STEPSCOIN DEVS, other btc that got stolen from me and 1k Bitcoin plus that I had sold long time ago for 12 btc but if I had kept for two years would have made 140 BTC. So yes many painful losses I have had, too many to count now.  Cry


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May 31, 2017, 04:17:35 PM
 #36

My biggest loss when sell approx 4k my Stratis at 7400 satoshi and look at the price now is worth about 11.2BTC, and buy SDC and after buy the price falling down rapidly losing about 0.3BTC.

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Faiyz
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May 31, 2017, 05:17:50 PM
 #37

I have too many losses, 40 LTC when they went to 40 bucks each but I had sold for 3 bucks because we were out of work. 30 BTC worth of QBK that were stolen by STEPSCOIN DEVS, other btc that got stolen from me and 1k Bitcoin plus that I had sold long time ago for 12 btc but if I had kept for two years would have made 140 BTC. So yes many painful losses I have had, too many to count now.  Cry

I don't want to mention alt coins as i think they still have a chance but my biggest was investing a total of .08 dollars on an altcoin. The project team had projectd many possibilities for the team but it out to be a bust. Now, am not saying that was a scam but man the price just went down during the time i bought it. Also i dont' want to mention prices and a lot of it's investors tried to compensate the loss and the team had to do something to at least show a good future for the project.
~V~
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June 07, 2017, 11:21:00 PM
 #38

In the past I lost some money by investing in Nxt. Luckily it was a small amount of Bitcoin.
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June 07, 2017, 11:28:39 PM
 #39

I think my biggest loss is when I trade my HMQ to BTC when the price was only at .000032 btc per HMQ,
That was my first trade and after a couple of hours the price of HMQ pump up to .00007 btc .

I also trade HMQ bought at 0.00005 and Sold at 0.000075 per HMQ. And a couple of hours it pump to .00008, this is really the movement of HMQ I couldnt expect it will pump to that price and sold it below than that. Also, I have many loses encounter in trading cryptocurrencies but I take it as a challenge and move forward to a positive side.
BlockHazard
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June 07, 2017, 11:43:20 PM
 #40

my biggest lost is sold Decred, ETC, FCT, XCP, XRP, Draco, XEM, DGB so soon... yeah, but no problem, I have many changes other years.
ehrz22
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June 08, 2017, 12:30:31 AM
 #41

For me, biggest lost is I sold all stellar coins before when it was new. Now the rate increase I think 400%.

bitcointarget
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June 08, 2017, 12:49:11 AM
 #42

Mine is not a physical loss, but not buying ethereum while it was $15 is my worst decision ever! I could have made my total capital x25, oh god.  Cry
Heyo:P
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June 08, 2017, 01:07:41 AM
 #43

Surprisingly with all the trading I do, I've only lost about 10$ worth of BTC from the loss of a wallet and it's backup. I'd consider myself pretty lucky; knock on wood  Grin.
chineseprancing
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June 08, 2017, 03:02:07 AM
 #44

My biggest lost in cryptocurrencies was when my laptop corrupted due to virus from flash drive, my wallet was gone and I can't recovered it. If I remember maybe it's around $15-$20 and in my part it was high amount, lesson learned I always provide back-up for all my wallet.
willyum
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June 08, 2017, 03:24:14 AM
 #45

I bought 1.4 million NEM in 2015 for $250.00 AUD. My laptop shit itself and took the coins with it about a month after buying them.

Never bought them back LOL! Have made big gains elsewhere but they don't measure up to this loss...

The show goes on though Cool
BitcoinHunt3r
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June 08, 2017, 06:18:17 AM
 #46

when i use dogecoin mobile wallet and send  around 200k doge, i already delete my wallet without back up anything and just know if my coin not sent yet, i can't do anything when that happen, and in next month doge price be 100 satoshi

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June 08, 2017, 06:18:44 AM
 #47

My largest loss was about $300 from bad trades. And my everyday regret and I consider as my biggest loss is the day when I heard bitcoin a couple of years ago when it was a few cents. But I didnt buy. Sad
MnemonicInsomnia
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June 08, 2017, 06:28:12 AM
 #48

Bought 50,000 Stratis back in November at $0.05 each.
Sold at $0.10.
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June 08, 2017, 07:10:31 AM
 #49

I don't know if anybody remembers of Boost coin? There was nothing special about this coin but was immediately after XC pump, and also started to rise like crazy. I have bought at the top and my BTC's at the end were almoust decimated that day.  Immediately after CloakCoin came and saved me from from my economic demise, a was on edge, to sell what is left of my BTCs.
I will not mention it losses on Mintpal, and few others scamy exchanges.

You can rent this space
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June 08, 2017, 07:19:07 AM
 #50

our beloved Mtgox who else  Cry
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June 08, 2017, 08:41:02 AM
 #51

According to the prices today, if a kept my bitcoins i'd be up thirty to sixty K

Losing bitcoin due to software or hardware difficulties and being scammed? at least five k

how about you?

Damn. That's probably what most people did - sold early Grin

For me it's buying at $1000 in 2013 and not selling at the all time high and taking the logical profit. But instead got greedy and held even though the price was crashing. Eventually I got impatient of waiting for an additional pump and sold it at half the price i bought it at. Resulted in a 4k loss.

If i held that for 4 years and sold now, i would have still made 2.7x on my investment. It's crazy how bitcoin can rise and rise.
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June 08, 2017, 08:48:04 AM
 #52

Mine is not a physical loss, but not buying ethereum while it was $15 is my worst decision ever! I could have made my total capital x25, oh god.  Cry
I know that feeling, I've not bought ethereum while it was $9 and on top of that my worst decision ever was not buying BTC when it was $1 (the day when I found what a bitcoin is)

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June 08, 2017, 08:55:34 AM
 #53

I think my biggest loss is when I trade my HMQ to BTC when the price was only at .000032 btc per HMQ,
That was my first trade and after a couple of hours the price of HMQ pump up to .00007 btc .

I think my biggest lose is with fjc, I sold all my fjc 0.00000002 for bitcoin, month later fjc went as high as 0.000001
9jaflick
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June 08, 2017, 08:59:26 AM
 #54

According to the prices today, if a kept my bitcoins i'd be up thirty to sixty K

Losing bitcoin due to software or hardware difficulties and being scammed? at least five k

how about you?

Damn. That's probably what most people did - sold early Grin

For me it's buying at $1000 in 2013 and not selling at the all time high and taking the logical profit. But instead got greedy and held even though the price was crashing. Eventually I got impatient of waiting for an additional pump and sold it at half the price i bought it at. Resulted in a 4k loss.

If i held that for 4 years and sold now, i would have still made 2.7x on my investment. It's crazy how bitcoin can rise and rise.
Wow, but sometimes when you have bills to take care of, we feel impatient.
It normal
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June 08, 2017, 09:04:52 AM
 #55

Bought one stupid lisacoin at novaexchange are the rate of 120sats.
Few day later the stupid shitcoin went as low as 1sats.
My investment is stock there as nobody even want to as 1sats
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June 08, 2017, 09:06:48 AM
 #56

Bought one stupid lisacoin at novaexchange are the rate of 120sats.
Few day later the stupid shitcoin went as low as 1sats.
My investment is stock there as nobody even want to as 1sats

Made some profit from mooncoin and html5 as pumping is going on.
9jaflick
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June 08, 2017, 09:08:11 AM
 #57

Bought one stupid lisacoin at novaexchange are the rate of 120sats.
Few day later the stupid shitcoin went as low as 1sats.
My investment is stock there as nobody even want to as 1sats

Made some profit from mooncoin and html5 as pumping is going on.

Also bought some XVP for more profit as pumping will some take place
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June 08, 2017, 09:09:24 AM
 #58

According to the prices today, if a kept my bitcoins i'd be up thirty to sixty K

Losing bitcoin due to software or hardware difficulties and being scammed? at least five k

how about you?

I have bought and earned many different(shit)coins and mostly in yobit because I thought those coins will be very successful.

but ended holding and sometimes selling for almost nothing, I think that the total amount in bitcoin would be around one which at that time didn't cost a lot like 300$ but now thats almost 10x.
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June 08, 2017, 09:10:11 AM
 #59

Most people here with biggest lost are sold early, included myself.
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June 08, 2017, 09:26:40 AM
 #60

According to the prices today, if a kept my bitcoins i'd be up thirty to sixty K

Losing bitcoin due to software or hardware difficulties and being scammed? at least five k

how about you?
I think the biggest loses I have made is when I hard of bitcoin in 2012 when it price is below $100 I refused to invest and put about $1300 in binary option trading and lose the whole investment. I always see my not investing into bitcoin earlier than now as a lost to me.
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June 08, 2017, 09:30:24 AM
 #61

lol, lost 8 btc at satoshidice or something back when they were maybe $100 each.  Felt bad back then but now...damn.
Lost another 20 bitcoin or so playing poker when they were like $8.  Sold a bunch at $8...

The list goes on, hahaha.
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June 08, 2017, 05:08:41 PM
 #62

My biggest lost was definitely Josh Garza's fucking Paycoin scam. Second biggest was pbmining. Third is me being a dumbass and running random wallets on my main computer left and right without sandbox or VM and getting fucked by a malware years ago thinking it wouldn't happen to me.

Learned my lessons on all these fronts; not trusting anything remotely centralized (paycoin, cloud mining) ever since and always only run wallets in VM or in a restricted sandbox.

I could't agree more with this.  I found this to be a valued contribution to my knowledge in bitcoin security.
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June 08, 2017, 05:10:40 PM
 #63

FOMOing on ripple when it boosted a lot with some margin trading involved. I now realize what a speculative coin is and will always stay far away from it and I also don't margin trade anymore.

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June 08, 2017, 05:30:39 PM
 #64

hundreds of btc, at least...

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June 08, 2017, 07:16:00 PM
 #65

Selling my XEM and ETH too early.  Roll Eyes
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June 08, 2017, 07:32:38 PM
 #66

Mine was Ethereum. I lost about 5 - 10% of my investment the second time I bought some.. my first time was successful.
I bought at the wrong time when it quickly moved from 120—190 and then moved back down. I panicked and sold at 150 dollar.
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June 08, 2017, 07:41:38 PM
 #67

Bookmarking this thread for future reference. All the mistakes I have read so far are good lessons for us.
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June 08, 2017, 08:17:16 PM
 #68

Mine is not a physical loss, but not buying ethereum while it was $15 is my worst decision ever! I could have made my total capital x25, oh god.  Cry


Lets make EEA - Ethereum Early sold Anonimous


For everyone who sold ETH tooo early


I have only tiny amount now wich give me profit , but if not sold too early I could buy a house now.
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June 08, 2017, 08:22:59 PM
 #69

For me there is no huge bitcoin earning was there to loss but in mid 2016 bitcoin price goes around 500 $ I had some faucet claims earned then after I was busy with personal things after again I started after 9 months I completely losed my bitcoin address
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June 08, 2017, 08:50:16 PM
 #70

My biggest loss with cryptocurrencies is selling Bitconnect. It was may 25. I sold my coins at 5 mBTC. If I had them now every coin can worth more than 14 mBTC. rising in the price start just I sold them. I'm so sad because I had hold them about 3 months and  I sold them in the worst time.  

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June 08, 2017, 09:58:49 PM
 #71

Selling DGB wayyyy too soon Sad Sad

Will never forget that
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June 08, 2017, 11:18:23 PM
 #72

Most people here with biggest lost are sold early, included myself.
If you sell your coins early that does not mean that you will end up in a loss,if you let go of a coin then all the valuation after that are just hypothetically nothing because there is nothing you can do and you really cannot count your losses with those assessment .
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June 09, 2017, 12:05:29 AM
 #73

My biggest loss XRP,STR
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June 09, 2017, 12:34:22 AM
 #74

Having bought Litecoin at 10 EUR at the end of 2013 or beginning of 2014, holding during the Huobi/BTCChina (can't remember) pump to 16 EUR and watching it plumet to 3-4 EUR. Stayed there for three years, but I kept holding. Noticed there are always fluctuations between 3,5 and 4 EUR. Decided after three years of bagholding to recover my loss by swingtrading on those fluctuations, so sold at 4 EUR one evening and put a limit buy at 3,5........... which never hit because that evening I sold was the evening before the BIG SEGWIT PUMP TO 35 EUR.
That happened to me because I didn't really follow cryptonews a few months ago, was out of the loop and a complete beginner. Learned a lot in just a few months and now I keep up with news and follow other people on Twitter (and realized how little I knew about crypto, a lot has changed since 2013-2014 when I was in the loop).

Plot twist: What makes this story from ultimate bad luck to a huge success story... a little later the Ripple pump started and also the ETC pump. I figured, hey I should just buy a random coin and see what happens. So I put the fiat I got from selling my LTC at a huge loss in... Stellar Lumen! And just one day later it started pumping x20. My profits were massively higher than if I were to stay in LTC and magically called the top to sell.
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June 09, 2017, 12:41:59 AM
 #75

My biggest loss is selling thousands of Eth in early 2016
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June 09, 2017, 12:46:39 AM
 #76

If I bought those 300 btc three years back when a friend suggested to me, I will be in a different position now…
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June 09, 2017, 01:52:49 AM
 #77

My biggest loss is when I sold my XEM at price of 300 satoshi each. And as we can see, XEM got the ath of 14k satoshi each which is very peofitable if I have sold my XEM at that price.
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June 09, 2017, 01:57:12 AM
 #78

Sounds like most people have had their biggest loss from selling too early, but generally we shouldn't count those as a loss because most people still sold at a profit. If we are then I will say my biggest loss is not going all in several years ago but waiting on the sidelines until recently.

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June 09, 2017, 02:20:09 AM
Last edit: June 09, 2017, 09:08:00 AM by melted349
 #79

According to the prices today, if a kept my bitcoins i'd be up thirty to sixty K

Losing bitcoin due to software or hardware difficulties and being scammed? at least five k

how about you?
Most of us here experiencing the same situation when we are new at this kind of investment. But in my side I still in profit even thought Ill also been scam  multiple times investing in Ponzi scheme  but now I already learn my lesson.
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June 09, 2017, 03:15:24 AM
 #80

I have lost 1400$ btc In MPCA scam. This is my biggest lost
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June 09, 2017, 03:18:09 AM
 #81

Not buying bitcoin when it was under 1 Euro.

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June 09, 2017, 03:25:47 AM
 #82

According to the prices today, if a kept my bitcoins i'd be up thirty to sixty K

Losing bitcoin due to software or hardware difficulties and being scammed? at least five k

how about you?
I cant say exact amount of btc but overall estimate would be 10 btc not too much compared to others but it does still hurt me when i do think it again those past mistakes do i made like selling on dumps and buying on peaks and some i do lose money on scams like hyips and ponzi but im still thankful because i can still able to recover up after those lose and learning up new ways to avoid those mistakes again.

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June 09, 2017, 05:34:20 AM
 #83

I purchased navcoins 2 years ago and sold it. I still have some in wallet.dats but I don't think I can recover it because they switched blockchains. It turns out I would be up 200k right now if I kept those.
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June 09, 2017, 07:02:23 AM
 #84

My biggest loss was when I was having my margin with xrp and str and then bitcoin went to the moon and all of the alts dump specially xrp and str. I have to close my position before liquidation or else i will lose all of my btc. Lost around 0.2 and learned my lesson not to margin as of now.
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June 12, 2017, 11:33:23 AM
 #85

Has anyone lost a lot of money when an exchange got hacked?  Sad
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June 12, 2017, 11:39:03 AM
 #86

i am new in cryptocurrencies trade and i hop i will make some profit with ETH trade because ETH will soon at 500$ value. What do you think?
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June 12, 2017, 11:45:09 AM
 #87

i am new in cryptocurrencies trade and i hop i will make some profit with ETH trade because ETH will soon at 500$ value. What do you think?

It can be $500 but it can be $200 or less what if the latter happens how much will you make?

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June 12, 2017, 12:05:35 PM
 #88

Not a big lost but when i trade scam coins witch i love to do as most of the time i gain with it.

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June 12, 2017, 12:11:43 PM
 #89

Billion mooncoin nicked due to a shitty wallet implementation. Was worth about $150,000 a week ago.
That wasn't so fun. But on the bright side I made a shit ton out of other stuff.
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June 12, 2017, 12:16:22 PM
 #90

Billion mooncoin nicked due to a shitty wallet implementation. Was worth about $150,000 a week ago.
That wasn't so fun. But on the bright side I made a shit ton out of other stuff.

Hay MoonWhale do you mind sharing the details of that happened with the wallet to lead you to the loss and are you the only one and how did that affect the moon price and what did they do to fix it?

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June 12, 2017, 12:31:38 PM
 #91

I think it was because I mined (briefly) with the rpcpassword not set (why do they not force you to do this?)

Anyway, I'm not actually sure, but I later put a billion moon in there and kept the wallet offline for months and months. Then it all dissappeared.

This was may wallet address: https://chainz.cryptoid.info/moon/address.dws?2bfkzvCAvvBASYZihFC66QykKiQNz2xgJ4.htm

You can see the thief basically emptied the lot, along with a few other large wallets. Together I think he got a few billion moon which are now basically unspendable, but this address is blacklisted and followed by the whole moon community. Big loss though. It was only worth a few $100 when I bought it (at about 8 litoshi) but now it is at around 5 satoshi, this stings.

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June 12, 2017, 12:41:50 PM
 #92

I lost more than 210 BTC in january at gambling  Undecided
My biggest loss ever
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June 12, 2017, 01:51:54 PM
 #93

I lost more than 210 BTC in january at gambling  Undecided
My biggest loss ever

In which year?  Shocked
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June 12, 2017, 01:57:17 PM
 #94

I lost more than 210 BTC in january at gambling  Undecided
My biggest loss ever

In which year?  Shocked

The fact he remembers how many bitcoins isn't going to make him feel better even it was in 2012, if he hadn't gambled them he could be living much more comfortably today.

Hopefully he still made it out big though.
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June 12, 2017, 02:08:16 PM
 #95

I loss 0.1 btc at yobit and my biggest loss at site gambling sealswithclubs 0.3 btc
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June 12, 2017, 02:29:25 PM
 #96

Has anyone lost a lot of money when an exchange got hacked?  Sad
Heard of Cryptsy? I guess it happened to a lot of users, and I lost quite a bit of altcoins there, had some decent amount of LiteCoins there, sigh and since it recently shot back up again. I guess no one who have saw that coming, so it wasn't exactly a loss either.

Had a couple of times when I started trading, I bought altcoins that were on the rise, only to find that all of them dropped after days and never got up to that price again. Sad Now I am sticking to only a few altcoins, that's all. Rather go for lower risks. Tongue


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June 12, 2017, 05:02:32 PM
 #97

My biggest lost is not like losing Money directly on trading, mine is not buying ethereum when it was only $50... I was gonna buy 100 ether. I could have made my capital x7 or x8 in three month.
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June 12, 2017, 05:09:57 PM
 #98

Happened right now, in the past week. Decided it would be a good idea to invest some money into BAT, what do you know, i invested right at the top...Lost like 1/2 so far, and it's not looking any better. I will hold on to the coins though, hoping for some better days to come.
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June 12, 2017, 05:12:01 PM
 #99

I bought a lot of Ethereum tokens when it was under $10 and then sold for a small profit when price rose to $12. Now I bang my head against the wall everyday  Angry
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June 12, 2017, 05:17:15 PM
Last edit: June 12, 2017, 05:27:55 PM by dissident
 #100

I sold all by BTC and LTC on my GDAX and Gemini accounts earlier today after I saw a potential technical breakdown. Got a good enough price on the BTC but did lose $2K on the LTC I bought yesterday. :p  While I was contemplating how we've gone from a 10 billion to 120 billion dollar market cap in a couple of months, I came to realize how silly it was to be so into the cryptos and looked at the risk vs reward ratio, so I took about 66% off the table earlier today.

I could try to put it all into BTC for a technical bounce but GDAX is extremely laggy. Has the bubble burst?  Just a temporary selloff? Ignoring my emotions and looking at a long term technical chart, we have a serious gap to fill. I might be wrong, but I'll take my chances. I'd sell my alts but bitcoin is already down a couple hundred and I don't want to take everything off the table, in case I'm wrong. I still did very well.

Time to concentrate my core holdings into the altcoins I truly think have the best tech:  NEM, Xtrabytes, Pascal... with an honorable mention to Bitbay, Ark, NXT, Ardor because they are cheap. If they were expensive I'd sell them as well. Actually I don't hold any NXT or Ardor.
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June 12, 2017, 05:26:10 PM
 #101

1st: MtGox
2nd: Not finishing reading the whitepaper of NEM when they were giving it for free 3years ago.
3rd: Margin Trading on Polo
4rd: Buying BTC at 80USD and selling it right after at 100USD


But anyway, my profits are way bigger.
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June 12, 2017, 08:57:11 PM
 #102

I bought the DGB yesterday at the price of 1490 satoshi, I think the price will return to 2K. Now priced at 107b satoshi if I sold it now this is probably my biggest loss. Except having to wait several weeks ahead.

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June 12, 2017, 09:03:31 PM
 #103

my biggest loss was not true loss but I missed out on massive gains.

had some BTS sold for b.e when it went up 300% in a few days. sigh  Sad oh well life goes on, live and learn.

As long as our learning outweighs our mistakes we all be fine imo
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June 12, 2017, 09:07:15 PM
 #104

I have lost 1400$ btc In MPCA scam. This is my biggest lost
Is not that the Advertising company leader Mr. Uday Nara ?, this company has gone bankrupt a few months ago. I recommend not trust any more similar business. They pay only a few months and finally a scam.

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─── إمركس ───
   
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The Infrastructure for the
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[/cen
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June 12, 2017, 09:21:31 PM
 #105

I know this is altcoin section, but my biggest loose was with bitcoin. On April I got 1,3 BTC in a slot game and cashed it out. The price was 1200$ per 1BTC, I think there is no matter to tell you about my today's regrets Lips sealed
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June 12, 2017, 09:23:04 PM
 #106

I bought a lot of Ethereum tokens when it was under $10 and then sold for a small profit when price rose to $12. Now I bang my head against the wall everyday  Angry
You sold those at a profit and how come it will come under a loss. Roll Eyes if you are thinking like this then there are people who sold bitcoin when it was $20 and there are many who sold thousands of bitcoin at that rate,if they are going to think that the loss they had comparing the price now,it is going to be huge,never analyze loss like that. Grin
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June 12, 2017, 09:54:41 PM
 #107

All of my lost because of shitcoin when i'm still noob in crypto trade, dont follow pump and dump schemes. In exchanges you will find people that told shitcoin A will explode or to the moon, dont ever trust that shit guys
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June 12, 2017, 10:15:26 PM
 #108

My biggest loss this far as been pivx and pose. Lost about 2btc to each - pivz went from like 150k satoshi to currently around 50k satoshi. Obviously I could have held but then I'd miss out on digibytes and others. I eventually made it up but the loss stung
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June 12, 2017, 10:21:20 PM
 #109

1. Selling more than half my gulden stack early last year
2. Not holding my NAV, XRP and WBB longer (even tho WBB got hacked)
3. Not buying stratis in January


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June 12, 2017, 11:29:16 PM
 #110

I bought a lot of Ethereum tokens when it was under $10 and then sold for a small profit when price rose to $12. Now I bang my head against the wall everyday  Angry
You sold those at a profit and how come it will come under a loss. Roll Eyes if you are thinking like this then there are people who sold bitcoin when it was $20 and there are many who sold thousands of bitcoin at that rate,if they are going to think that the loss they had comparing the price now,it is going to be huge,never analyze loss like that. Grin

Well just about everyone in this thread is talking of potential losses. Missing out a 30x gain within less than 6 months is pretty heart breaking considering the huge stash of ETH tokens I had.
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June 13, 2017, 12:04:50 AM
 #111

Bitcoin collapsed down to $1,500 approximately 3 month ago in poloniex and I sold my bitcoin out due to my panic. Then it went up to $3,000 as you all know. This costed me too much as a result of my fault.
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June 13, 2017, 12:56:40 AM
 #112

A year ago I invested in bitmain cloud mining (hashnest) 3.5 BTC And I did not active the Google Authenticator 4 day after all my BTC was gone.
today I'm mining with a 15 real GPU rig and hapy/
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June 13, 2017, 02:21:36 AM
 #113

I had more than 2% of all quark.  I got sick of it not doing anything and dumped it all for hundreds of dollars.  The next day it would have been $80k.

Not a loss, but since it was the next day it sure felt like one.
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