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Author Topic: My BIGGEST cryptocurrency mistake  (Read 5008 times)
anjohyx
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May 11, 2018, 03:07:38 PM
 #221

In the end, I had to sell and lost more than 70% of the investment. This is probably my biggest mistake since entering the cryptocurrencies market.
Why sell when price down? Just because you scare price continue fall down and you can't get back any fund? I think you just a newbies in crypto world, don't always check the market price and don't heard any fud, hold your cryptocurrency and wait for price up again

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May 11, 2018, 03:08:24 PM
 #222

December 2017 during the high of highs, I made a huge mistake, I allowed greed and fomo, ignored my gut and bought into NXT because I was chasing Ignis airdrop. The coin has since tanked and I still have not received the airdrop. Nxt is probably 80/90 down.

What is your biggest cryptocurrency mistake???

I think my biggest crypto mistake is starting late. When i started which is last year, the rules here are so participant friendly i mean it's so easy to rank up right now i need approval from high level people against i dont know how many users in the same rank. If only i've started early i'll be i a higher rank and get more stakes in campaigns.

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May 11, 2018, 03:11:36 PM
 #223

well
big mistake .
i have more than 10 big mistake, the only i remember when i buy about 500k TRX with 3,2 eth on etherdelta.
then i sell too fucking fast , actually i can get x10 or 20 or x30
but i am too hurry to take x2 profit.



sad right ?  Grin

That is the reason why the volatility of the market is really important and most of the professional traders do really like this kind of growth in the market in order for them to get the best price they are intended to have.
The volatility only good if you can get into the right time, otherwise, it will be a struggle for anyone who wants to adopt this for other purpose than trading or investing.
But however, no need to regret, even I missed the ETH train when it's still few dollars and now has become hundreds, if I just investing huge money into it, I could've been a millionaire but I'm not, and maybe it's my fate LOL.

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bithit.ubeo
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May 12, 2018, 12:13:07 AM
 #224

To my great regret, this is the purchase of KuCoin Shares for a large sum. Where my head and mind were, I do not know. Buy at such a high price in the hope that growth will continue - it was very stupid. The market fell and the value fell 3 times. I do not even know if it will cost the same as before.
ngocpham1331
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May 12, 2018, 08:52:52 AM
 #225

My biggest mistakes are selling Bitcoins at 2000 and Litecoins at 42 last spring.Then I had been waiting for 1000 $ price again  Cheesy and missed all the crazy rally at the end of the year.So stupid that I didn't believe in bitcoin power.
mwarrior
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May 30, 2018, 07:11:05 AM
 #226

I bought a little BTC when its price was about $ 14,000 and did not have time to sell it. Although the amount was small, I'm very sorry about this. I think that the market will not soon return to that level of prices

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May 30, 2018, 07:22:41 AM
 #227

Our greed always pushes us to make mistakes: during last big pump period (Jan 2018) I didn't fix any profit for most of coins which grew for 200%+.
kiemnhieutien
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May 30, 2018, 07:24:47 AM
 #228

December 2017 during the high of highs, I made a huge mistake, I allowed greed and fomo, ignored my gut and bought into NXT because I was chasing Ignis airdrop. The coin has since tanked and I still have not received the airdrop. Nxt is probably 80/90 down.

What is your biggest cryptocurrency mistake???

That's such a deep lesson for you, and for all cryptors. FOmo is a knife and it can hurt you.
I got in many coins during peak time at the end of 2017 like you. But I have not sold any of them. I keep holding them and hope a better price in the future.
sedahan13
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May 30, 2018, 07:29:32 AM
 #229

I did the same mistake, bought NXT in the top just only for Ignis airdrop. And my other mistake is greedy, in december last year all coin in the top price  but iam not sell it because i think the price wil continue going up, all this my mistake make me in huge loss. Learn from it, now i will try to change my mindset about price action of crypto, wich crypto is not all the times to go higher but also will going down drasticly.

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paulscathedral
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May 30, 2018, 07:30:11 AM
 #230

December 2017 during the high of highs, I made a huge mistake, I allowed greed and fomo, ignored my gut and bought into NXT because I was chasing Ignis airdrop. The coin has since tanked and I still have not received the airdrop. Nxt is probably 80/90 down.

What is your biggest cryptocurrency mistake???
In 2012 I sold my 2 BTC for dollars, as was planning to finish the job with cryptocurrency. At the moment, I think this is my greatest mistake. Just had to leave them in the wallet but I was stupid and the prospect of bitcoin I did not seem as real.
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May 30, 2018, 07:40:49 AM
 #231

Doubtful and panic when deciding the decision to sell the token. It was very a big fault when I felt doubtful and panic when the price was dropping. It happened when the price was very dropped and at that time I sold my coins for lost. That thing, of course, my big mistake because I couldn't be more patient to just wait for some months to rise. This experience is a very good teacher to be lessons in this recent era.

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May 30, 2018, 07:40:57 AM
 #232

Unfortunately we sell most of the coins we have at very low prices. We are losing a lot of money because we can not find the right timing. Only to get $ 100 to $ 200 to avoid profits altogether. So if there is any possibility hold till i die! Cheesy

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Periodik
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May 30, 2018, 07:50:20 AM
 #233

December 2017 during the high of highs, I made a huge mistake, I allowed greed and fomo, ignored my gut and bought into NXT because I was chasing Ignis airdrop. The coin has since tanked and I still have not received the airdrop. Nxt is probably 80/90 down.

What is your biggest cryptocurrency mistake???

I have also known a person or two who were unfortunately baited to buy a lot of NXT because of the Ignis airdrop. They have the same complaints as you. But I am not saying that was a scam. The airdrop was true.

I don't have a very huge mistake in crypto. I can say this because I am not losing so huge an amount due to some critical decisions. I lost a little when I bought in the month of June last year. The market was beginning to go down at that time after a huge pump earlier.
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May 30, 2018, 08:07:07 AM
 #234

For me, one of my biggest mistakes was to buy the top of the coins when the bull market was around. The hype was much and I invested and when the market turned bearish, my portfolio diminished by -60% and am still holding the coins I bought. That taught me a great lesson
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May 30, 2018, 08:09:22 AM
 #235

My mistake is to sell 4.6 BTC in April 2017 Cry Cry
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May 30, 2018, 08:11:46 AM
 #236

My big misstake is trying to speculate with Ripple.
Now i have this scam coin in my portfolio

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May 30, 2018, 08:45:10 AM
 #237

My biggest cryptocurrency mistake was to selling altcoins too early in the spring of 2017. Everything began to grow, and I was in a hurry to fix the profit. My profit was 50-70%, but if I didn't sell, I could have made some significant  profit from some altcoins.
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May 30, 2018, 08:53:17 AM
 #238

My biggest cryptocurrency mistake was to selling altcoins too early in the spring of 2017. Everything began to grow, and I was in a hurry to fix the profit. My profit was 50-70%, but if I didn't sell, I could have made some significant  profit from some altcoins.
One of my biggest mistake was not having a plan for a trade/investment. I used too sell to early or too late. I don't mean to catch tops or bottoms. Like someone said "everyone can play, but to win one should have a strategy"
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May 30, 2018, 09:18:44 AM
 #239

December 2017 during the high of highs, I made a huge mistake, I allowed greed and fomo, ignored my gut and bought into NXT because I was chasing Ignis airdrop. The coin has since tanked and I still have not received the airdrop. Nxt is probably 80/90 down.

What is your biggest cryptocurrency mistake???
The biggest Cryptocurrency mistake I made was to invest into an upcoming ICO recommended by a friend without doing my diligence on the ICO.
I took his word for it and invested in the ICO. Really smart heyy? Roll Eyes
The ICO seemed promising at the beginning and unfortunely it failed Sad. I will admit that until to this day I still regret that investment becuase I know I will never see that money again Angry
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May 30, 2018, 09:23:53 AM
 #240

Yes,investment in NXT for Ignis airdrop was epic fail for many people,my mistake also was in last year,bought 30 Neo at its first pump on the peak at 55 $ then I sold it during the another bitcoin crush just for 25 $ instead of waiting till tne end of that year when the price was 150 $ !!!
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