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Author Topic: Your biggest loss with cryptocurrencies?  (Read 4898 times)
bathrobehero
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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.

RIP Bittrex
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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.

RIP Bittrex
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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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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
 #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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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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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.

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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.


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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.
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