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Author Topic: Best / Worst experience in crypto  (Read 405 times)
killat (OP)
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October 26, 2019, 02:49:45 PM
 #1

I think it would be helpful for the beginners to hear about good and bad experiences in crypto from people with more experience on this forum.

I will start sharing my best and worst experiences since I joined BitcoinTalk.

Best experience: I joined the Cube (Auto) bounty as a French translator in late 2017. After receiving my coins I was able to sell them for almost 1 Btc.

Worst experience: I used constantly Cobinhood exchange during the last 2 years. A few months ago Cobinhood became a scam, people cannot widthraw their funds, Telegram chat is blocked and their token (COB) felt to near zero. I always believed this exchange will come back to life, I constantly refused to see the signs indicating it's scam potential and now I'm still stuck there with a few hundred bucks that I won't see them back most probably.

Advise for beginners (and not only): NEVER (but never) invest in crypto more than you can afford to lose.

What are your best and worst experiences in crypto?

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Be kind whenever possible. It is always possible
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October 26, 2019, 02:54:26 PM
 #2

Best experience:
Who wont remember that 2017 bull run.? I do have some Btc's and that was some easy money or profits on that time and able to sell short
on 18k price and together with my altcoin bounties which do give out several thousand of usd.How i wish those days would repeat once again.

Worst experience:

SCAM! Mostly on ponzi (doublers/cloudmining) and this is when im still starting here on crypto.

R


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October 26, 2019, 02:57:31 PM
 #3

Best Experience: Learnt a lot about blockchain and trading.

Bad Experience: Was effected with the clipboard malware:
https://bitcointalk.org/index.php?topic=5190776.msg52682115#msg52682115

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October 26, 2019, 03:08:57 PM
 #4

Your best experience before is ok at that time but right now most of the bounties are scam just like what I did and join to some bounties a few months ago but they still have no value and still not yet listed to any exchange. It's different compared to 2017 I have few altcoins worth 5k USD when the price is increased in January 2018 the worst part is I didn't sell them because I did not know that I have that altcoin. The coin called Raiblocks I earn them by captcha sold some of them but in low value. I just noticed that last March 2019 there is a wallet in my desktop but when I open the wallet it's not syncing and not showing any balance so I decided to check their announcement and found they just rebranded to nano so I installed the wallet and all my funds is there but last march the price of nano is very cheap but still I sold them at 1k+ in USD.
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October 26, 2019, 04:46:11 PM
 #5

Best experience: Sold some airdropped tokens at ATH or close to it. That was just hundreds and even a thousand $$$ out of thin air.

Worst experience: Unable to sell some "quality" tokens that were airdropped in 2017 thinking it would go even higher in 2018. Add also those scam and failed bounty campaigns I joined.
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October 26, 2019, 05:03:33 PM
 #6

Well, this is a good discussion to know newbies of what we have done in crypto. You may limit the page and lock if necessary because this might be caused by magnetic spam and redundant replies.

Best Experienced: I had learned a lot in crypto space. Before I did not listen to international news but now I am always looking at it. My whole life was changed from almost nothing when it comes to financial assistance but now I always have extra money. My best experienced is those days bitcoin hit around $20k in the market back then year 2017 and I purchased my new car come from my crypto savings.

Bad Experienced: When I keep holding from 2017 until now I did not recover my lose yet and also there are too many projects from bounty hunting I had joined but all of them are into scam projects.









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October 26, 2019, 05:09:30 PM
 #7

Worst experience: I used constantly Cobinhood exchange during the last 2 years. A few months ago Cobinhood became a scam, people cannot widthraw their funds, Telegram chat is blocked and their token (COB) felt to near zero. I always believed this exchange will come back to life, I constantly refused to see the signs indicating it's scam potential and now I'm still stuck there with a few hundred bucks that I won't see them back most probably.

This history repeats itself over and over again with so many different exchanges around the globe. Simple put, don't keep any funds in exchanges. Buy, move to your wallet. Want to sell? Transfer to exchange, sell, withdrawal fiat. Wanna buy again? Transfer fiat to exchange.
I don't understand why people keep funds in those exchanges.

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October 26, 2019, 05:18:35 PM
Last edit: October 26, 2019, 06:13:48 PM by mersal
 #8

My best experience was the last bull market at that time I am new to the crypto and made some decent profits as well.

My worst experiences was wrong send,the amount is not too high to be much worried but I send tokens to an ethereum address of an exchange and from that only I learned more about how the wallet and exchange works.
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October 26, 2019, 08:02:06 PM
 #9

Best experience: When eth hard fork had happened I had made some good amount of profit from that and now after joining bitcoin talk try to gain some knowledge from the experts.

Bad experience:  Last year I had used some shitty stellar wallet while exchanging my coins the exchange had already send the coins but I never received those coins try to reach out to them but there is no help from their side. So I learned from my mistake blindly don't believe in any wallet service.

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October 26, 2019, 08:49:38 PM
 #10

My best experience was finding this forum and learning about cryptocurrencies. I bought some Bitcoins in 2016 and then did some great moves:
Claimed some giveaways and airdrops that gave me a lot of profit like Stellar. Gor a lot of Bitcoin dividends including BCH BTG XLM and BSV and turned them all to Bitcoin. Traded Bitcoin in the bull run of 2017. Those were some great experiences.

My worst experience was buying some shitcoins like Lisk but it made me smarter.
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October 26, 2019, 09:42:39 PM
 #11

What I noticed is that all bad users experiences are caused by scam exchanges/projects or because the user don't have enough knowledge about this technology.
The worst thing that happened to me was when I sold all my coins then the next day their price rose by more than 20%

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October 26, 2019, 10:32:19 PM
 #12

Best experience[/font]: 2017 Bull run immediately made me a huge profit in my entire career. That's was the best thing happen to me. Just one day of bull run.

Bad Experience: Just lost the profit and capital right after the bulls run. Binance having issues on selling due to overload of orders. Then the bear market came in for a year. Almost hopeless but still trying to recover.
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October 27, 2019, 03:21:25 AM
 #13

Worst Experience: My worst experience was on my first few months when I got into cryptocurrency. And that was when I really into those altcoins that is really shitcoins.

Best Experience: Buying more Bitcoins and converted my altcoins to Bitcoins. And I never regret with that decision. I'm happy now compare before when having a problem everytime my altcoins get dumped.

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October 27, 2019, 03:49:22 AM
 #14

Best Experience:
- I got to learn about bitcoin, the transactions, wallets and how the protocol works. Bitcoin is the best thing that happened to me alongside a few Altcoins especially when it comes to transactions. 90% of my transactions to other service providers and people are in crypto. I no longer have to suffer with the slow expensive international wire transfers and getting attached to institutional thugs (banks)

- Also learnt how to trade, it has been earning me some decent side income

- Made about $22K in ICOs back in 2017 just from a mere $1000


Worst Experience:
The bear market that followed. Who can ever for get that crush if you were from 2016, 2017?  Cheesy



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October 27, 2019, 03:53:43 AM
 #15

Best Experience:
Is learning by doing.
Just watched the Forum over an year or nearly 2 as a Guest without an real account and was just learning by watching and get some Information.
The basic things and all for Mining , Crypto related things and many more .

Worst Experience:
Lost a lot of coins on Cryptsy (but guess the most of the older guys here have done)
Bitstamp Account got hacked and lost nearly half an BTC from one of the first Edinar wallets years ago that was infected with malware (thats why i am fighting against malware so hard)
Havnt sold my  BTC as it was at 18-19 K
Lost a huge amount on Cryptopia.
Got an GPU exlpowed because of to much overclocking and lost my harddrive with that with wallets on it !

Cheeers

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October 27, 2019, 03:55:33 AM
 #16

Best: mining a lot while the mining was good.

Worst: selling a lot while it was cheap. Not selling enough at the peak. Can't complain much tho. Got rid of my alts a while ago and I'm richer (in fiat) that I was 5 years ago and still have some BTCs to "HODL".
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October 27, 2019, 04:06:16 AM
 #17

Worst Experience: Being victimized by a phishing site via email.

Best Experience: Having experienced the bull run of 2017 and saw my portfolio surged to its ATH which I have never imagined would happen to me as with everyone else who holds crypto at that time. Also, being in crypto is fun and exciting and everyday is a  learning experience for me - thanks to the bitcointalk.org community! Smiley
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October 27, 2019, 04:20:56 AM
Last edit: October 27, 2019, 04:36:46 AM by Strongkored
 #18

Best Experience: Joined bounty which only runs for a short time and gets a very high paid.

Worst experience: Buying token from ICO project name is Domraider and MobileGo, when market became worst I still believe the market will back to normal but all is wrong, my 2 investment now is only a trash.

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October 27, 2019, 05:39:01 AM
 #19

Best:

When I was able to join beautiful and good paying campaigns wayback 2017 and withdrawn a good amount of bucks. Enjoyed the 2017 BTC skyrocket.

Worst:

Scam campaigns where I worked for almost a year but didn’t pay and when TBIS was hacked(don’t know if true or just an exit scam) where I wasn’t able to withraw some funds, kinda huge amount if converted to cash. Also, I wasn’t able to hold some alts and most of my profits were just like bubble that popped. Biggest regret.
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October 27, 2019, 06:28:14 AM
 #20

Good experience - I participated in several campaigns in 2017 namely, Utrust, Gladius, I received payment of almost 1 btc more than the two campaigns and I thought it was the best campaign for me.

Bad experience - I joined the Earth bounty managed by Jamalaezaz and I received a token of $ 700 worth of Earth tokens already listed on the CMC but after being held a few months the tokens actually went down and the project died, until now I still keep the tokens and not there is value.

From those 2 experiences, I learned how to find the best solution to build a good bounty and don't hold back for altcoin.

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