Your biggest bitcoin-buy/sell fuckups - Therapy by writing & reading :)

[Roccker]

Yes, i am a crybaby .
I discovered bitcoin at about 14th of October at 140. I was thinking this is a great thing till it's obviously steadily rising. Then it took some tries to get documents to register on bitstamp – when I finally registered it was already at 190 and I didn’t buy thinking too late. Then it fell down after 200 and I thought it's collapsing already and was afraid again. At 255 i bought super-tinysmall. And at 296 super-tinysmall and at 314 super-tinysmall. But just a few days earlier i would have been confident investing 30x more and would be 'in' on the ride. Actually that doesn't sound so bad.. on the other hand i could have doubled the savings of last 5 years in 1 month. Haha. I see keeping my emotions in check will be a challenge (and perhaps bring me into the poorhouse).

Probably many people with better stories.

[1715437709]

1715437709

[1715437709]

1715437709

[1715437709]

1715437709

[wobber]

You only fuckup if you sell cheaper. Don't blame yourself for being critical and not risk money. EVER.

[Rupture]

Hindsight isn't as bad as weak hands.

[Talbot49]

Bought 5 bitcoins at 200ea for 1000$.. Told myself I would buy and hold cause that seems to be the best with bitcoins plus I dont know much about trading.. But I'm a gambler at heart and wanted to increase my stash a little bit so I sold at 420$ea and placed a buy order at 375$ea on cavirtex and waited for the weekend crash.. Friday night people started to panic sold i thought nice it will work out.. But it only went at 395$ or so. I panic rebought today at 474$ea because I dont think it will go down anymore on the charts I see there is alot of bids and fiat left especially on btcchina and they affect the bitcoin price the more.. Plus I think monday could be a good day with the US meeting. So I lost 0.7bitcoin in 1 day lol I suck at trading now I swear I will HOLDDD

[Mike Christ]

Worked for my bitcoin, got 14; sold most of them around 150$

Few months later, this shit.

[Wilhelm]

I know the feeling thinking your in late. I haven't had any fuckups in hindsight.

I discovered bitcoin through a friend at work. He knew about bitcoin at the $2 time. I discovered is at the >$90 time.

When I heard about bitcoin and mining it took me a while to figure it out.
At one point in time I went for it and bought 2 GPUs and started mining. I knew I was late and ASICs were in preorder.
Most people told me I would never see a profit on bitcoin. I went in on a gut feeling.
When I was on vacation 2 days in my miners stopped due to stability issues. This cost me a bitcoin at that time
After mining for a while I only got out 2 bitcoin before it cost me more power than the bitcoins were worth.
Only just got out my GPUs so went back to gaming thinking bitcoin wasn't for me.
I stopped mining.... (a big fuckup)

A few weeks ago I looked at the price of bitcoins and realized that I never should have stopped mining, bitcoins increase value making old mining losses into big profits over time.

Luckily I went into bitcoin with a piece of my savings and bought a few coins thinking, i'm going down with this investment....
Now i've realized that my BTC have a great profit. I made more money per day on bitcoin on some days than going to work .

What I can say to anyone on bitcoin are two things
- your always too late with bitcoin the price will always suck when you buy
- your never too late with bitcoin the price will always get better (if you hold on crashes)

Timing isn't an issue. If you want to invest, invest and wait for a few days weeks. If your profits don't pick up then you can probably get out with a minor loss.

Currently i'm back into mining altcoins for BTC. It costs more power than BTC mined but I know it will become a great reward in 3 years time.
I'm looking at staying in bitcoin for at least 3 years and hoping for the $100000 per bitcoin days

The irony for the dude who told me about bitcoin is that he has 0.19 BTC where I have way more, that's his fuckup

[BitchicksHusband]

Just not sinking more as fast as possible back when it was in 2 digits.  First buy was around $48.  But we didn't like CVS/MoneyGram/ZipZap/Mt.Gox because our money got lost in between and we had to call people.

Loved Bitfloor, but by the time we got signed up, the price was already $90 and the rocket was lit up to $266.  It crashed and we were actually upside down for quite a while since our average was $120.  (Bitchick didn't love that.)

Probably the biggest screw-up was letting my buddy go in line in front of me at BofA when he was setting up his Bitfloor account.  This was the day that it was $266.  By the time we got back to the office from lunch (and Bitfloor recovered enough to do anything), the price was in the 60s.  He was like, "Should I place an order here or there?"  I'm like, "Dude, buy market now!"  He got in at $70.  So lucky.

By the time my money cleared (only 15 minutes total, Bitfloor was the best) I got over $90.  Still, I'm happy for him.

Special thanks to Roman from Bitfloor for getting us our money back after his bank screwed him.  (Since we were depositing into Bank of America, I assume it was them.  Not hard to believe since they screw everyone constantly and steal people's houses with fake mortgages.)

[Talbot49]

Feel really stupid for selling at 420 and rebuying with a lost today but I think the rebuying part was not that bad, China is going up, and so will all the other exchanges! TO THE MOON 

[Xer0]

sold 5 BTC around 16th Okt after price not moved for a long time

[thetopham]

sold all 3 of my coins at 205, then bought in again at 350 and sold at 360

[JimboToronto]

Biggest trading faux pas so far?

Trying to get $10k into Virtex in October instead of going straight to Localbitcoins.

What a mistake. It will probably be until January before my funds clear. If I'd paid a little more through Localbitcoins, I would have more than doubled my money already.

By the time I came to my senses and paid anonymous cash to some Localbitcoins dude, it was over $400.

Live and learn.

[saddambitcoin]

bought as much BTC as i could between sept 2012-april 2013. 

tripled my BTC holdings by buying LTC during March 2013.

then dumped at less than 100 during july 2013. 

not too sad because i just bought back in a month later but still...

[TERA]

I bought at the bottom of the second april crash at $50, and sold at $58, thinking I was enjoying a 16% profit.

In June I was convinced it was 2011 all over again. I bought at 82 and sold at 75, bought at 67 and sold at 69.

During the silkroad crash I thought 110 (on bitstamp) was the top of the dead cat bounce, and sold. I had to rebuy at 120 before the rally.

I didn't participate at all in the april bubble, the 50-170 rally, the 80 to 130 rally, or the 66 to 150 rally.

[romerun]

buy more,

next year we might no longer see 3 digits

[zby]

My recent fuckup - forgetting about a limit sell order.

[CYPER]

Deposited £2000 in Intersango end of 2011 and was a mouse click away of buying 1000 coins, but didn't 

[lnternet]

sold 10 in 2012 for $5 a pop

[jagd]

I paid 1800 BTC for a Butterfly Labs mini rig pre-order back in January!  

[Manna]

Bought 50 BTC at 10 EUR, sold at 20 EUR and then bought back at 100$ with less BTC

[superresistant]

Never sell your Bitcoins. What's the point of going back to FIAT when you know it's going down to zero ?

Just keep the minimum in FIAT to live and wait for the US economy crash.