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Author Topic: Your biggest loss with cryptocurrencies?  (Read 4889 times)
Idrisu
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June 08, 2017, 09:26:40 AM
 #61

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
 #62

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
 #63

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
 #64

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
 #65

hundreds of btc, at least...

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June 08, 2017, 07:16:00 PM
 #66

Selling my XEM and ETH too early.  Roll Eyes

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June 08, 2017, 07:32:38 PM
 #67

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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Ucy
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June 08, 2017, 07:41:38 PM
 #68

Bookmarking this thread for future reference. All the mistakes I have read so far are good lessons for us.

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dennyd999
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June 08, 2017, 08:17:16 PM
 #69

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.
Prodigan786
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June 08, 2017, 08:22:59 PM
 #70

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
 #71

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
 #72

Selling DGB wayyyy too soon Sad Sad

Will never forget that
Harry Callahan
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June 08, 2017, 11:18:23 PM
 #73

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
 #74

My biggest loss XRP,STR
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June 09, 2017, 12:34:22 AM
 #75

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
 #76

My biggest loss is selling thousands of Eth in early 2016
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June 09, 2017, 12:46:39 AM
 #77

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
 #78

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
 #79

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
 #80

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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