Questat
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February 28, 2020, 02:12:37 PM |
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I can't think of my loses anymore as i am already thankful I made money during the bull run. Maybe there are some regrets that I did not sell all my altcoins during the bull run, I could have make a lot of btc.
Actually I am not heavily investing on bitcoin, before I became active in this forum, I am already losing money in gambling but it has become a blessing in disguise as it introduce me to the crypto space where I learn a lot and made money in the forum.
overall I earn money.
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The Sceptical Chymist
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February 28, 2020, 02:24:59 PM |
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I don't have many real regrets as far as crypto goes, although I wish I'd kept all the bitcoin I'd bought in 2015. I never really had much in BTC terms and certainly not in dollar value, but given what bitcoin has done since then....well, it would have been much better had I not sold out early--and I didn't make a profit, either. As far as lost bitcoin, I did get scammed once in 2016. I loaned 0.3 BTC to TimSweat on the forum, and he jerked me around for quite a bit before finally just disappearing altogether. I've never made another loan since--it's way too stressful for me, and most borrowers don't have valid collateral to put up anyway. Oh, and that's when I started to realize how misleading green trust can be on bitcointalk and how dangerous it can be when those green-trusted accounts get put up for sale. I don't have evidence that TimSweat was a bought account, but it's certainly possible. I do have another very minor regret. I wish I hadn't spent bitcoin on stuff over the years when I could have paid in fiat. Some people love using bitcoin as a currency, but I've never been in that crowd. I was experimenting with making purchases on electronics and stuff, and it would have been better had I just held onto that BTC. Oh well.
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20kevin20 (OP)
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February 28, 2020, 02:33:05 PM Merited by gentlemand (1) |
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Interesting replies, didn't expect this many to come up ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Hmm. It looks like not as many people as I thought had learned to safely store and use cryptocurrencies the hard way. I did, I lost a little bit but I've always earned more after making mistakes. And I'm more than happy to having learned from mistakes because I'd rather lose $100 through a mistake and prevent making the same mistake in the future than lose $10k because of it. It would be pretty interesting to hear if someone here has ever lost thousands of BTC through silly mistakes. My story of losing the Blockchain wallet password is way longer than the one I've written in OP - I tried calling out hackers and literally anything possible to try recovering my BTC but they left me hopeless. My password was so strong that even after a few weeks of running a super powerful bruteforce software on a PC 24/7 had 0 results. It looks like I'm 1 merit away from being the required number to become a Hero of this forum! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Thank you all for the sMerits!
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gentlemand
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Welt Am Draht
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February 28, 2020, 02:49:01 PM |
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It would be pretty interesting to hear if someone here has ever lost thousands of BTC through silly mistakes.
This is one of the classic coin death stories - https://bitcointalk.org/index.php?topic=388169.0 - 1000 mined coins lost due to a dead hard drive. I'm not sure if it's a silly mistake but it was certainly a sizeable one. It looks like I'm 1 merit away from being the required number to become a Hero of this forum! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Thank you all for the sMerits! I'm taking your virginity.
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Artemis3
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February 28, 2020, 02:54:21 PM |
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My lifetime regret is not mining or buying bitcoin in the first years. This cannot be undone, and the performance experienced by those who did, will never repeat again.
I guess the feeling is similar to those that did but lost their wallets.
For me rather than nostalgia its more like sadness. My country's economy went from tolerable to miserable in the last decade, so its not like i can go out and get a full time job and start saving again like most people can in other countries.
Salvation was always in front of me but i ignored it when i had a chance.
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CoinEraser
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February 28, 2020, 03:56:45 PM |
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I lost 50.000 xrp through the shit exchange cryptsy. At that time xrp were not worth much and it didn't bother me. Only when xrp had reached a price of 4 dollars, it annoyed me. But I survived it and xrp is still a shit coin. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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keep
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February 28, 2020, 03:59:47 PM |
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Like a fool I had all my Bitcoin and others on Cryptsy. So when that exchange up and disappeared I lost a total of roughly 3 BTC. The whole situation put me off crypto currency all together and I have not rejoined it since.
I do from time to time pop in to see whats going on the world of crypto, but not as a participant.
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kryptqnick
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February 28, 2020, 04:16:42 PM |
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1. How much BTC did you lose ever since you started using crypto? How did you lose it? 2. What was the biggest BTC loss you've ever had? 3. What do you regret the most ever since you started using cryptocurrencies?
1. I've never lost BTC. I've always used a trusted wallet, and I've never encountered any problems with it. I did lose 0.5 Ethereum, though, which back then cost $150, and it was quite a significant amount of money. I lost it to Ethereumwallet.net or something like that (I wasn't good with 'not your keys not your coins thing' back then, and the website was pretty popular). 2. Zero, since I haven't lost any. 3. I regret buying Ripple when it cost $3 per coin ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I did not spend much on that investment, though.
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serjent05
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February 28, 2020, 04:20:16 PM |
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I am an early user of a faucet, I started collecting and referring faucets way back early 2014. I never had a chance to cash out my earnings on that faucet because I forgot my access to the address. I have somewhere around 200 plus referral, but just shrugged it out and just moved on. If I may, I could have earned a good amount on that address already.
Another thing is during the Bitcoin bull run of 2017, I hold around 12 BTC and sold it at an early stage of the bull trend, which was around $2000 and after 3 months Bitcoin reached its ATH.
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20kevin20 (OP)
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February 28, 2020, 05:09:48 PM |
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Wow. That's all I can say - wow.. that's a lot of damn money.. I'm taking your virginity. It's my pleasure. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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xSkylarx
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February 28, 2020, 05:27:21 PM |
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I'm blessed that I have never lost any BTC before because I made sure that my wallets are safe. I only invested what I could afford so I don't remember losing a huge amount of BTC. The biggest regret that I have is losing the opportunity to buy Bitcoin in 2010 where a friend already shared everything about crypto with me. Everything happens for a reason so I'm trying to work hard just to gain better this year.
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kaneki007
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February 29, 2020, 03:15:46 AM |
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1. How much BTC did you lose ever since you started using crypto? How did you lose it? 2. What was the biggest BTC loss you've ever had? 3. What do you regret the most ever since you started using cryptocurrencies?
1. In 2014 I lost my first BTC because I thought blockchain could log in using email and finally I lost 0.01 BTC because my email was hacked. 2. Never 3. I still remember buying NXT on ATH because I was greedy to get lots of IGNIS airdrops and I regret that I spent a lot of money to buy NXT.
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Thekool1s
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February 29, 2020, 11:19:59 AM |
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Not an OG obviously but I learnt about Bitcoin in 2011 I believe. I remember having claimed some BTCs from 'tap faucets', I'm not sure if it was Gavin's faucet or somebody else who was running it at that time, But I claimed like twice by filling out the captchas. It wasn't much I believe around 0.01 BTC at max which were lost to a random BTC address. I didn't even bother creating a new Bitcoin address for myself. I sent it to a random Bitcoin address I found by doing a google search lol... Fortunately, I haven't lost any Bitcoins ever since I started using it personally. No lost wallets or getting hacked. I did lose access to my account tho, I got hacked lol but fortunately, theymos recovered it for me after a few months that's the only "loss" I have had in the cryptosphere...
The only thing I regret is selling Bitcoins at the "moons", I remember i hodled a few Bitcoins when bitcoin was hovering at around $200 bucks, I sold them in the $900 range, I bought back in when bitcoin kinda crashed at went as low as around $300 I believe. I bought in at around $400 and then sold again when bitcoin mooned at around $1200. Even tho I made some great ROIs but I regret selling them now. I remember i sold around 5 BTCs right before we had the biggest Bullrun. Besides that my journey has been quite a positive one overall.
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wozzek23
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February 29, 2020, 05:43:24 PM |
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As for the number 1. Question – I can’t really tell how much I have lost in BTC. That was around 2015 I guess. I was just a newbie then and I never knew how to sell my bitcoins for cash, so I stupidly went to this local online forum in my country and was asking for buyers. Then a guy said he’s going to buy it from me, for once in my mind I didn’t even think that he was a scammer, I don’t know why I made such a mistake.
So, I messaged him and asked him how we will be doing the business and he said I would have to send the bitcoins first before he will send the money to my bank account. I sent the bitcoins and he refused to send the money and he blocked me on WhatsApp and even on call. That’s when it dawned on me and I realized how stupid I was by trusting a random stranger that I met online. The amount I sent to him was $20, and that was through Xapo wallet, I don’t know how many Satoshis, but the price of Bitcoin then was around $250.
I think this same answer goes for both Question 2 and 3, because after that I never lost my bitcoins again, I never repeated the same mistake and I learnt to be very careful. So that’s the only thing I regret and it’s never going to happen to me again, I’ve already learnt a lesson.
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Oilacris
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February 29, 2020, 11:33:28 PM |
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1. How much BTC did you lose ever since you started using crypto? How did you lose it?
Maybe 1 btc or more and to those times when im still a fan on joining HYIPs/Ponzis. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) 2. What was the biggest BTC loss you've ever had?
0.5 when i do go all in with Hashocean back in the day. 3. What do you regret the most ever since you started using cryptocurrencies?
When im still fauceting ETH wayback and havent realize or late that i should have bought tons of it.
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retnoanjani
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March 01, 2020, 07:48:19 PM |
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I was wandering around on the forum and it looks like I ran out of threads to answer on. Therefore, I started randomly looking at some of the 2009-2010 posts on this forum and found a post about someone losing their 1.2BTC back in 2010. This made me wonder a few things I'm really curious about: 1. How much BTC did you lose ever since you started using crypto? How did you lose it? 2. What was the biggest BTC loss you've ever had? 3. What do you regret the most ever since you started using cryptocurrencies? Sharing experiences to reduce sadness: D I hope we can get lessons from stories shared by friends, and this is my experience - 1. If it is accumulated there is around 0.05 BTC missing from my wallet. It was a reward from a content campaign, I didn't expect to be one of the winners and I was very happy at that time and planned to hold it for long-term investment. But, one month later when I checked the wallet, the BTC was gone and had been transferred to another wallet that I didn't know belonged to, which obviously belonged to a fu*king thief, upss sorry. My email was hacked too.
- 2. Back to point 1
- 3. A mistake that was almost regretted by everyone involved in cryptocurrency: too rushed to sell coins or tokens, at that time I was affected by fomo, even though a few weeks later the coin that I hold pump + 25%. But I have moved on, I always try to respect the decisions I make, this is my mental training, no problem not getting the highest price, as long as it does not lose.
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lisasteca
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March 01, 2020, 09:01:44 PM |
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I lost 50.000 xrp through the shit exchange cryptsy. At that time xrp were not worth much and it didn't bother me. Only when xrp had reached a price of 4 dollars, it annoyed me. But I survived it and xrp is still a shit coin. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) My big lost was around 5 btc and never managee to recovered it my binance account have been hacked and someone toke all my coin. Why do you say xrp is a shit coin? the 3th biggest project after btc and eth....
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bitbunnny
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March 01, 2020, 09:26:33 PM |
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I guess every Bitcoin user who is involved with Bitcoin long enough has something to regret, so it's my case too. About five years ago I had a portfolio of about 7 Bitcoins. I made some bad decisions and choice and I lost those Bitcoins. Now I know I should have done it different but that was a school for me and I learned a lot. But I regret I missed the opportunity to have some real nice profit. I never managed to get these 7 Bitcoins back and having in.mind current situation I don't think I ever will.
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joinfree
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March 02, 2020, 09:47:56 AM |
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I thought i would never have the opportunity to talk about this but now I am glad I have this opportunity to share my thoughts. I would just get down to the biggest loss ever in my life. Well, I lost about 3 BTC in alts. I had a token called MiracleTele and the token rose quite high but I still held unto my coins not willing to sell, thinking that this coin will be great in the future. Now, this token is worth nothing as the project seems dead now.
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Crypto Enthusiast supporting innovative ideas for the Liberalization of the world from the Centralized Institutions.
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gundala
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March 02, 2020, 11:42:51 PM |
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I thought i would never have the opportunity to talk about this but now I am glad I have this opportunity to share my thoughts. I would just get down to the biggest loss ever in my life. Well, I lost about 3 BTC in alts. I had a token called MiracleTele and the token rose quite high but I still held unto my coins not willing to sell, thinking that this coin will be great in the future. Now, this token is worth nothing as the project seems dead now.
I'm sorry for your bad experience. That is the cryptocurrency with all things unpredictable. I also experienced the same thing but did not lose as much as you, I only lost around 400 $, after investing in a project that was quite popular at the time, but ended up like miracletele. It's okay friends, many people experience things like this, do not regret it because it will increasingly make it difficult. Better to move on and make it a lesson.
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