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Author Topic: Your biggest bitcoin-buy/sell fuckups - Therapy by writing & reading :)  (Read 5732 times)
Odrec
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November 17, 2013, 02:09:36 PM
 #21

Bought 1.9 bitcoins. I decided to try one of those trading bots at BTCe. After the weekend I now have 1.7 bitcoins thanks to that bot Tongue. Not such a big loss today but could be pretty big in the future. I got rid of the bot of course and just holding for now.

the_sunship
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November 17, 2013, 02:37:55 PM
 #22

sold 50 right before this rally - oh well

i made my initial investment back and I have enough "free" bitcoins for now

not selling anymore, just buying and holding for now on!
whatovit
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November 17, 2013, 03:16:26 PM
 #23

I think I have the worst so far.

I knew about bitcoin when they were still like $8, didn't think much of it. Come back from a long holiday. They're $30. Oh I'll buy like 15 then.
They hit $100. Oh I'm gonna put in $20000, and buy 200. It gets to like $250, and I'm like yeah I'm going to sell half tomorrow. Boooom burn baby, craassssshhh.
After it rebounds and starts falling again. I sell $6000 worth on Bitfloor. The rest I keep in coins.

It keeps on going down more, so I end up selling all at like $110 on gox. Rebuy later at like $130. Starts going down again, sell at $100. Promise myself I'll buy them when it get's to under $80. I'm on holiday, about to go all in at like $78. Bus is waiting for me to take me to a train station, to get on a 24hr train. I have to leave now, they won't wait, I think no way it's gonna go back up that fast, I'll buy when I get the internet. It's at $100, oh shit. I'll wait for another crash.

It's at like $160, everyone is saying buy now, train is about to leave. I put in bid at like $15x. Go to bed, see I missed it by like 50 cents. And it's already way higher.

And since then I've refused to buy, waiting for a crash. I'm sitting at a loss at Gox, and still can't get my Bitfloor funds.

So please baby please crashhhhh.
tutkarz
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November 17, 2013, 03:30:27 PM
 #24

I earned 40 bitcoins in April crash, then I lost 20 on first rebound and then 20 on another. I learned a lesson to never trade again. I much more prefer to have my amount of coins I have now than gamble it and have less.

SuperHakka
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November 17, 2013, 03:32:19 PM
 #25

Here's mine. I bought about 250 BTC in the $5 to $7.50 range. Sol it at various clips on the way up. I guess my average selling price was about 80$? But I could have easily gone all in and bought 10,000's of thousands of BTC at the beginning. Well hindsight is good and all, but I think I would have still sold it all at $80 anyway. Bitcoin is one of those things you just got to buy and get away from all the noise for a few years.

'First they ignore you. Then they laugh at you. Then they attack you. Then you win.' - Mohandas Gandhi
"Whenever I'm about to do something, I think, 'Would an idiot do this?' and if he would, I do not do that thing." - Dwight Schrute
Xer0
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November 17, 2013, 03:36:48 PM
 #26

got told about BTC rising again in January by a friend

ignored it and said "once a bubble always a bubble"

he invested (but got screwed by bitcoin24)
QiVX
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November 17, 2013, 03:37:23 PM
 #27

Back in 2012, traded 70 Bitcoins for around $15 (they were $10 at the time) thinking it was a smart move. Mining rig fucks up (couldn't be bother diagnosing it) and I can't generate anymore, leaving me stranded with 40 Bitcoins till this day. I wish I never traded those 70 coins and that my rig paying me 1.5 BTC a day didn't stop.
whatovit
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November 17, 2013, 03:49:09 PM
 #28

I'm waiting for someone like Smoothie to come along. Saying: "Lol. I never sold. lol. I have 1,000,000 coins still. lol  Grin Grin Grin Grin"
zeroday
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November 17, 2013, 03:55:07 PM
 #29

Sold 2000BTC in 2012 when it jumped to $8/btc. I doubled my fiat and was waiting for drop, but then I had to buy it back at about $15/btc so I only recovered a half of sold amount. Thus, I lost almost 1000BTC in my portfolio.
Since then I've given up speculating (except minor amounts just for fun).

Apraksin
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November 17, 2013, 04:21:56 PM
 #30

Read about BTC in 2011, thought it was exciting and wanted to get some, but jumping through all the hoops seemed like an enormous effort for something that would probably never come of the ground. It's expensive to be lazy.

Then I bought a small stash during the april-crash at about 80 $ btc. Sat on my coins until the SR incident where I sold 10 coins at around 107 expecting it to tank and giving me the opportunity to buy loads of sweet coins. The day after it was 120 $ and rising. Fuck.

Now I have bought my self a fair amount of alt's for playing around. The BTC's will stay in a paper wallet until the price is at least 100 k.
kokojie
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November 17, 2013, 04:22:32 PM
 #31

sold 500 BTC at $70

btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
P_Shep
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November 17, 2013, 07:27:37 PM
 #32

Sold 40 on Friday thinking it'll drop, as if often does, over the weekend.

Within hours a new ATH was reached, then proceeded to continue on up.

Sad


Still, have $16000. Not TOO shabby!
hailstorm
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November 17, 2013, 08:25:43 PM
 #33

I bought 7 BTC for £50. I then lost all of that on btcjam.

Just recently sold 3 BTC when we were at ~£80 each. The good thing was I withdrew it from coinlenders and sold. Bad thing is we are now at £300. Still at least I got out before inputs/coinlenders got hacked.

Now I just buy a small amount each day and won't sell unless I absolutely need to. I plan on holding for at least a year until I need to pay off my car.
pinky
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November 17, 2013, 09:16:58 PM
 #34

I heard about BTC around June 2012. Bought my first BTC in December, then more in Jan and Feb. Average price around $30.

I was panick selling my 200 BTC stash on bitcoin24 at around $60, yep the bottom. I immediately regret it and tried to buy it back next day, but bitcoin24 went offline and my money is gone.

I was thinking of buying 1 BTC, but my emotional pain is still here, I just cannot put anymore money into this. I think I'll never own BTC again, well maybe if they drop below 200, but I think I missed that train.



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adamstgBit
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November 17, 2013, 09:19:24 PM
 #35

Sold 40 on Friday thinking it'll drop, as if often does, over the weekend.

Within hours a new ATH was reached, then proceeded to continue on up.

Sad


Still, have $16000. Not TOO shabby!

spend this now.

there is seriously very little time left....

Gordonium
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November 17, 2013, 10:55:26 PM
 #36

Learn to distinguish the difference between errors of knowledge and breaches of morality. An error of knowledge is not a moral flaw, provided you are willing to correct it; only a mystic would judge human beings by the standard of an impossible, automatic omniscience. But a breach of morality is the conscious choice of an action you know to be evil, or a willful evasion of knowledge, a suspension of sight and of thought. That which you do not know, is not a moral charge against you; but that which you refuse to know, is an account of infamy growing in your soul. Make every allowance for errors of knowledge; do not forgive or accept any break of morality.
Ivanhoe
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November 17, 2013, 11:02:26 PM
 #37

Was planning to sell a little bit just after the previous ATH ( 266 ) because i expected a bit of a retracement back to 250 to buy back in. Well that did happen. Only thing was.. i fell asleep behind my pc....... Grin
btcprice
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November 18, 2013, 12:41:54 AM
 #38

Bought 100 BTC @ $20 back in June 2011 on the way up. Price hit $30 and then dropped to $8 at the end of August 2011 when I finally sold.
chip99
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November 18, 2013, 12:56:50 AM
 #39

Didnt bought 500btc back in january because i was too stupid to figure out how to put money in my mtgox account... gave up and forgot about btc till april news...  never bothered to buy and hold since then cu even 100 $ seemed high for me...

Miz4r
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November 18, 2013, 12:59:30 AM
 #40

My worst fuckup was probably buying a KNC Jupiter miner for 88 BTC back in June. That little hobby of mine will cost me around 50 BTC according to my estimation, no way I can lose that much by the little day trading I do. Tongue Oh well I could have also sold them all and never bought back, so I guess it could be worse...

Bitcoin = Gold on steroids
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