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Author Topic: Dumbest thing you did in Crypto as a noob  (Read 1882 times)
panjay
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December 13, 2017, 06:35:40 PM
 #61

I remember when first started with bitcoin. I invest in some legit project called HYIP. I don't realize that's it's just a ponzi scam. The dumbest thing next is I make an email to the support of that hyip for BTC that's I still doesn't get
JanpriX
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December 13, 2017, 06:46:16 PM
 #62

Been with the cryptosphere for almost 4-5 years now so I'm not gonna consider myself a noob but I did something earlier this year which I consider the dumbest one (related to cryptocurrency) as far as I can remember. I'm a Waves holder since the beginning and we got an airdrop from an unknown coin at the start of this year. Just because it is a very new coin, I hasten myself and put it in the exchange right away to sell it. Fast forward this month, that specific coin that I sold for pennies became listed to one of the biggest cryptoexchanges today and it's worth quite a fortune today. I'm kicking myself for selling it to such a very low price. Well, I learned something very important from it and I'll make sure that it will never happen again.  Grin
topesis
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December 13, 2017, 07:54:52 PM
 #63

Investing in this hype, I was so dumb, the will come and run away with my BTC, I'm just thinking what those BTC now worth. I don't know if those HYPS are still in the space because what I do now is to use adblocks to block all those advert that use to attract me to their website
angaper
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December 13, 2017, 10:35:37 PM
 #64

Hi all! I got into cryto this same time last year, I wanna share with you the dumbest thing I did as a noob back then, and it still haunting me.

I created a new ethereum wallet last year I stocked it up with 25eth..am very poor at that time eth was 4$ each I think..that was the most I could afford, I was using an ethereum client node, unfortunately for me I wrote down my wallet address instead of the private key. Now m been haunted by that fact I could have been a millionaire in my country..#dumbestthingyoudidincrypt

I think the possibility of making mistakes is a constant threat in this market because of the immense amount of tokens, passwords, private and public keys that we have to protect, for which I regret that you have suffered this mishap.

Actually I do not think I made too many mistakes, except to have sold a lot of my bitcoins at prices as low as $ 450 or $ 800 last year, thinking that bitcoin could not grow as vigorously as we see now.
StrikerEureka
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December 13, 2017, 10:45:01 PM
 #65

Well I have not lost much money but the dumbest thing I did was investing in Genesis Mining lol. I have bought some Monero mining power for around 100$ which could have been 2.5 Moneros at that time if I just had bought them directly instead. Now after a few months I am still struggling to get the minimum payout amount of 0.4 Moneros and I don´t even know if I will ever reach it. I have a 0$ return now an it could be 800$

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December 13, 2017, 10:50:25 PM
 #66

Ok, i clearly win: i was in the xem ico, got 2.4million xem for 8$ and sold for a couple of 100's. That would have been 500000 now. It doesnt stop though: did the same for lisk ico and i bought 100's of eth for 2$.  I choose the right things but sell too early. I'm the walking example of why you shoild hodl...
revned0005
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December 13, 2017, 10:53:32 PM
 #67

dumbest thing idid was to place a buy order higher too much then i lose 0.1eth
lighpulsar07
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December 13, 2017, 11:05:03 PM
 #68

Well my dumbest thing i've ever done in crypto happened in 2015 when i bought 2 btc for 460 (230 each) using my dad's paypal and i know i will so much trouble when he discover that i used his paypal to buy a bitcoin and then when going to send 0.01 btc for donation i made a mistake i forgot to put a period to it and now instead of .01 its 01 when i click send, i realized it was 1 btc and we know the once you created a transaction in bitcoin or in other alts you can't cancel it and that's it and good thing that dad didn't kill me but he grounded me for 3 months.
aquantivis86
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December 13, 2017, 11:07:10 PM
 #69

The dumbest thing I did was buy high and sell low.  Well, I guess I still do that every now and then as I picked up some IOTA.  Buy and hold would have been best but sell high and buy low would have been second place.
DigeNarrator
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December 13, 2017, 11:38:56 PM
 #70

dumbest thing i did as a noob was investing in ATBcoin scam lol... but i was lucky to cashout without loses in the beginning
wisdommember
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December 13, 2017, 11:39:31 PM
 #71

my dumbest thing was not to sell scam token ebtc at the right time. could get 5k free money but i was too greedy
Coin.Master636
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December 13, 2017, 11:48:50 PM
 #72

I think a lot of people trade by the "buy high, sell low" strategy... That's pretty stupid. And yes, I have done this as well.

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December 13, 2017, 11:51:43 PM
 #73

Yeah i remember my dumbest thing i did. When me and my cousin trying to invest to a unknown site with a very high profit as young we never think it was a scam we are very excited to convert but in the end of the we lose an been scamed.But we learned our lesson that day.

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December 13, 2017, 11:56:57 PM
 #74

I fall for the most obvious pump and dump scheme and lost money. This happened more than once. Then, slowly, I started to learn.

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December 14, 2017, 12:09:26 AM
 #75

The dumbest thing apart of setting stupidly shallow stop orders and having to pay afterwards when stop order had been triggered but price did bounce back immediately , is 1) selling of BTC a year ago 2) selling LTC on 136 level ( this was the only coin from 8-10 i sold off)

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romec1701
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December 14, 2017, 12:12:13 AM
 #76

My biggest regret was reading about BTC in 2010 and not DOING anything about it! It wasn't for another 5 years before I made my first investment.

jjdub7
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December 14, 2017, 12:15:54 AM
 #77

Dumbest thing I did was few coin swaps and keeping unsold tokens when there was a clear signs of price decline. Overall loss I accumulated is nearly 3BTC.
But on the other hand I've manage to do a lot of good trades, so I'm ahead. I did a lot of dumb stuff, but Dumbest will be if I didn't learn from.
mhine07
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December 14, 2017, 12:29:53 AM
 #78

The dumbest thing that i did when i was noob in crypto is that i sold my first ever token that i received in my first bounty in a small amount , a day later that token got pump up so high , and i am very disappointed in what i did. Because i am first timer then in crypto and curious on how to sell tokens , i did sell all my tokens cheap. And when i ever think of what i did before , all i am gonna do now is to laugh at myself , and say to myself how dumb i am in that day.

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December 14, 2017, 12:31:59 AM
 #79

The biggest mistake i did is that i did not sell my coins when the price is high that it would triple my profit, but now the price decrease. If i did sell it, it would make me more profit to invest for trading and other mistake i made is investing in a scam currency.

billybonus2
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December 14, 2017, 12:32:33 AM
 #80

i didn't buy bitcoin when i first heard of it 2010..
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