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Author Topic: Your biggest loss with cryptocurrencies?  (Read 4691 times)
dissident
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June 12, 2017, 05:17:15 PM
 #101

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
 #102

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
 #103

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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riskthebiscuit
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June 12, 2017, 09:03:31 PM
 #104

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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doedz
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June 12, 2017, 09:07:15 PM
 #105

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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June 12, 2017, 09:21:31 PM
 #106

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
 #107

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
Kray
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June 12, 2017, 09:54:41 PM
 #108

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
 #109

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
 #110

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
 #111

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
 #112

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
 #113

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
 #114

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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