Your biggest bitcoin regrets?

[BitChick]

When my husband told me about Bitcoin the first time they were selling for about $5 each.  We decided together it was risky.  We said we did not want the feds knocking down our door because we were involved with something they thought was connected with drug trafficking/money laundering.  I guess fearing the feds too much was a mistake?  I am still not sure on that one.

Skip ahead.  We purchase a few at $48 right before crazy price increase.  Kick ourselves for not purchasing more.  Buy as it goes up for an average of about $120.  We have a small little stash but I guess my biggest regret was not going "all in" when we decided to buy.  We were just so unsure.  Also, at that time the best way to buy seemed to be with Bitfloor.  The process of going to the bank and putting cash into an account was a bit odd and unnerving and to bring several thousand and do that was hard to do!

Anyways,  even when we purchased the first time we were regretting not getting involved earlier but I said that the worst thing would be to not buy now and regret that later too. 

I think this will be a common story as the price continues to rise.  Everyone will say "I will I would have bought when it was $1, 5, 10, 20, 100, 200, 500, 1000 and so on."

[Nesetalis]

holding on to 20 bitcoins when it spiked to 28$.... shortly before spiking to 260$
And then not selling all at 250-260 XD

Of course, selling was still smart, I had no idea it would go that high, and I made 280% profit (purchased those 20 bitcoins at around 10$) but who knew it could have been so much?

[Pruden]

Not looking into it when I first heard about them on "The Perfect Boobs" back in January'12. The words used were: "Donating is easy tho-only 10 euro for a year or 1 bitcoin from your computer (free basically from what I understand)."

Who wouldn't look into it, right? Well, I didn't.

[Cablez]

Biggest bitcoin mistake by far has been BFL.

[2GOOD]

Not buying ASICminer shares at 0.01BTC when I had the chance.

I mean, I could spend a year whining about not mining in 2011, but I wasn't even involved in Bitcoin back then so that's that. But the shares, I was there and I was thinking about buying.

Buying only 5 shares and sold them for 4.5 BTC (net profit 4.33 BTC), still my best investment but could be better... and much more mistakes like selling at 20$ ... some coins gambled some lost at bitcoinica, bitcoin24, btcserv etc.

Maybe the worst mistake - not buying at 2 USD

you lost btc on bitcoin24 ? i thought they were refunded?

Bitcoin24 gave no refunds at all, they just refunded fiat and vanish.
I lost around 14 coins there....

[leoragraves666]

Trusting BFL

[600watt]

Not buying ASICminer shares at 0.01BTC when I had the chance.

I mean, I could spend a year whining about not mining in 2011, but I wasn't even involved in Bitcoin back then so that's that. But the shares, I was there and I was thinking about buying.

Buying only 5 shares and sold them for 4.5 BTC (net profit 4.33 BTC), still my best investment but could be better... and much more mistakes like selling at 20$ ... some coins gambled some lost at bitcoinica, bitcoin24, btcserv etc.

Maybe the worst mistake - not buying at 2 USD

you lost btc on bitcoin24 ? i thought they were refunded?

Bitcoin24 gave no refunds at all, they just refunded fiat and vanish.
I lost around 14 coins there....

sorry to hear that. i thought everyone got refunded, especially the btc accounts (like in my case more than 60 btc)

[Digicoiner]

Reading one of the early Slashdot articles on Bitcoin which piqued my interest.  I then researched it a bit more but dismissed it as too complicated and not worth the effort (when it was worth about .05-.10 dollars).

[2GOOD]

Not buying ASICminer shares at 0.01BTC when I had the chance.

I mean, I could spend a year whining about not mining in 2011, but I wasn't even involved in Bitcoin back then so that's that. But the shares, I was there and I was thinking about buying.

Buying only 5 shares and sold them for 4.5 BTC (net profit 4.33 BTC), still my best investment but could be better... and much more mistakes like selling at 20$ ... some coins gambled some lost at bitcoinica, bitcoin24, btcserv etc.

Maybe the worst mistake - not buying at 2 USD

you lost btc on bitcoin24 ? i thought they were refunded?

Bitcoin24 gave no refunds at all, they just refunded fiat and vanish.
I lost around 14 coins there....

sorry to hear that. i thought everyone got refunded, especially the btc accounts (like in my case more than 60 btc)

lol sorry my mistake i meant bitcoin7 (Bulgarian exchange), not bitcoin24 ... get confused with the numbers.. yes btc24 returned the bitcoins, only a friend of mine had a withdraw of his 6 btc and still nothing and no reply from the support. I on the other hand have some 30 Euros there not a big deal.

With that said be very cautious when you use sites with names bitcoin 7, 24, 168, 256, 365 etc. xD

[SaltySpitoon]

My biggest regret is selling thousands of coins sub $1. My initial $900 investment would have set me up to never have to work a day in my life.

[vpitcher07]

My biggest regret is selling thousands of coins sub $1. My initial $900 investment would have set me up to never have to work a day in my life.

Damn that's rough. Luckily I think if you have coins now you might still be in the same boat - just don't sell anytime soon. If bitcoin takes off, which it appears to be slowly doing, we could see some crazy prices.

[CEG5952]

selling at the wrong time, buying at the wrong time, selling at the wrong time.

[error]

Solo mining 100 BTC back when you could still CPU mine, rebooting and forgetting to restart Bitcoin.. for six months.

[600watt]

My biggest regret is selling thousands of coins sub $1. My initial $900 investment would have set me up to never have to work a day in my life.

woah.
would you mind giving some more details. how it happened, what was the reasoning, when did you realize, how did you rationalize ? when will you sell your coins ? ever ? epic.

[HeliKopterBen]

Panic selling during the March fork.  Thankfully, I only sold half.   

[Jenger]

Well when I first ran into bitcoins, they were $8 a piece. A couple months later, when the train really took off I literally watched them climb from $14 to $200+ without investing a single dollar.

I had posted a bitcoin thread on a coin collecting forum and 90% of the community talked me out of it by saying how volatile the market was.. Fkin noobs, I could of made bank  



*** EDIT: Now that I think about it, It would be to go back and use 2FA for everything btc involved. IF YOU ARE NEW TO BTC, RUN A ANTIVIRUS SCAN AS OFTEN AS YOU CAN. I WAS HACKED AND LOST 10btc IN THE MATTER OF 1HR. Google Authenticator was something I kept reading about, but honestly had no clue how to use it. The 10btc was unexpected really for me (won a poker tourn) but after that I realized how vulnerable an online wallet could really be. 2FA is a mustttttttttttttt! ***

[wachtwoord]

Well when I first ran into bitcoins, they were $8 a piece. A couple months later, when the train really took off I literally watched them climb from $14 to $200+ without investing a single dollar.

I had posted a bitcoin thread on a coin collecting forum and 90% of the community talked me out of it by saying how volatile the market was.. Fkin noobs, I could of made bank  



*** EDIT: Now that I think about it, It would be to go back and use 2FA for everything btc involved. IF YOU ARE NEW TO BTC, RUN A ANTIVIRUS SCAN AS OFTEN AS YOU CAN. I WAS HACKED AND LOST 10btc IN THE MATTER OF 1HR. Google Authenticator was something I kept reading about, but honestly had no clue how to use it. The 10btc was unexpected really for me (won a poker tourn) but after that I realized how vulnerable an online wallet could really be. 2FA is a mustttttttttttttt! ***

The market was volatile. If you have the stomach for it and have no urgent need of the cash, volatility should not be an argument against investing though.

[bythesea]

Hm tough one. But lets say selling few K some 2.5 years ago. I did made a lot of $$$ but i could have made much much more if I have waited.

[Inkvor]

i sold 500 coin when its $8

[CryptoPH]

That hurts, 1 BTC is now $1,000++.