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Author Topic: Your biggest loss with cryptocurrencies?  (Read 4812 times)
asylum1.
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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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xvids
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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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Alttrader203
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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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Charloz24
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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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irsykes
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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.
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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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HACKEN

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