What's the biggest mistake you've made on crypto?

[Abiky]

Whenever you're a newbie or an experienced veteran, there's always a point in time where you make a mistake in crypto land. After all, nobody is perfect. You might've lost all of your crypto holdings due to being careless, or simply lost an opportunity of a lifetime to grab huge profits. Mistakes happen all of the time, leading us to regret many decisions in the long run.

My biggest mistake in crypto was not having bought Bitcoin in its very beginnings. If I had bought plenty of Bitcoin back then when it was worth cents, I would've been a millionaire today. During my time in crypto land, I've became a victim of scams, hacks, and theft. Sometimes I've missed the opportunity of doubling my investment when an altcoin "pumped" on the market. At least, I've learned a valuable lesson. These past experiences helped me become a better person in the long run.

I'm curious to know: what's the biggest mistake you've made on crypto? Your input will be greatly appreciated. Thank you.

[passwordnow]

The same regret as you are and also, the price when I've sold was too damn early. That are the two mistakes that I've done and I think other people of the forum will have the same mistakes done in his entire crypto journey. Lesson learned and a lot of things have changed, those experiences and mistakes made me now more decisive and firm if I'll come up with an idea whether to sell or not.

[dre1982]

Biggest mistake was investing in Hashprofit. I wasn't that experienced in the crypto world and trapped in such a cloud mining scam.

[pealr12]

Let me talk about my latest mistake and can as well be my biggest too - if you look at it from my present situation perspective - is not buying btc when it was down to 3500k in March last year, I was having such doubt in my mind if the price will go lower judging from all the things I read online,  now this has been my biggest mistake because I could have easily made the right decision but o didn't.

[Eddyc]

Particularly, it was investing all my financial power in just one project and for me it was a great bet that if there were victory, the story would be different. However, I learned that the best way is to alternate investments with a little caution and be humble to recognize my own mistakes. Another factor is to believe that everything is eternal in the crypto world and from December 2017 to January 2018 I learned this in a very painful way.


Nothing is eternal.

[litepool.ru]

I don't know about people, but i always tell my close friends that i feel proud and lucky to be working in this space. But what it gives me and like many people are great, as you share, you feel the biggest mistake because you didn't buy bitcoin in the first place, i think so. But there is one thing that is emotional management, indeed after a long time in this market, i still cannot fully control my emotions, it's bad that i just lost a lot of money later but events happened to the market in recent days.

[inanilujimi]

There have been many mistakes during my time in crypto whether in investing or trading, but the most impressive thing I will share here is that I was too fast to sell YFI for around $ 4000, even though I got a profit from the sale, to be honest I wanted to hold it longer because there was a need for it urgent so I had to sell it, and after that a month later the price jumped up to $ 30k which makes regret that still remains today.

[shinratensei_]

Sold around 35 BTC @23k each and then i was also selling my altcoins like LINK that i have bought when it was still under 50 cents at $7. Shit, i can make 1 million dollars with it right now from those bitcoins but im still keep some.
That sucks i have been losing a lot probably a few hundred thousand dollars. 
The worst thing that happened in my life.

[cryptoaddictchie]

I had lots of mistakes in cryptocurrency trading, many times due to investments turned into scams or yet dumped hard but out of all of those one thing that I regret the most is selling some airdrops or bounty tokens that have so much in value but I once sold is considered done. I've always have regrets on these past events about it. Keep reminiscing what if I didn't sell I have tons of money now or those I hold that I should have sold before.

[sapnu]

In my own experience, one of the biggest regret was not investing on bitcoin last 2016. I had the chance since it was introduced to me from that time back then and I didn't pay any attention towards it amidst people making noise about it. I though it was just a usual digital coin but little did I know, it would be the biggest crypto in the making. If only I was able to buy as much as I can way back and hold it up until now or even just up until 2017, I'm definitely a millionaire already.

[aTriz]

My Biggest mistake was also that I did not adopt bitcoin at early days. now I feel that I was so stupid to not do that. everything was obvious. it was so obvious that bitcoin is something which can grow in future give huge profit in return. but still so many people avoided it at that time and now they are regretting that.

Biggest mistake was investing in Hashprofit. I wasn't that experienced in the crypto world and trapped in such a cloud mining scam.

investing in cloud mining was also one of my worst experience and mistake. I would never do that again.

[tycsols]

Whenever you're a newbie or an experienced veteran, there's always a point in time where you make a mistake in crypto land. After all, nobody is perfect. You might've lost all of your crypto holdings due to being careless, or simply lost an opportunity of a lifetime to grab huge profits. Mistakes happen all of the time, leading us to regret many decisions in the long run.

My biggest mistake in crypto was not having bought Bitcoin in its very beginnings. If I had bought plenty of Bitcoin back then when it was worth cents, I would've been a millionaire today. During my time in crypto land, I've became a victim of scams, hacks, and theft. Sometimes I've missed the opportunity of doubling my investment when an altcoin "pumped" on the market. At least, I've learned a valuable lesson. These past experiences helped me become a better person in the long run.

I'm curious to know: what's the biggest mistake you've made on crypto? Your input will be greatly appreciated. Thank you.

I think my main mistake is that i spent my btc and eth on useless projects and some have failed, some scammed and even those that are surviving their value in the market is low especially when we compare with the value of btc and eth that is available in the market and in coming months I expect bulls to get even more intense for btc and eth.

[KasinoKing]

Same as everyone else - not having the foresight to see where Bitcoins would end up in December 2017, or now.

I've never actually bought any Bitcoins - but I get paid in them.
In December 2016 I sold 22Btc @ $766, and in April 2017 I sold 16 more @ $1,205.
These sales were at much higher values than when I received them, so I did make nice profit, but if only... 

Also investing in alt-coins which have bombed 

[Dr.Osh]

In fact, the biggest mistake I just made was, selling all of the Ethereum I owned for under $ 700. Well, to be honest it's late 2020, and I truly believe that Ethereum prices could be even higher. however, being affected by FOMO, etc., I sold my assets. Even though I feel it's a pretty big gain, I'm still sorry when I see the current price.

[plr]

We all have the same regret and that is selling at the wrong time, only those who can afford to embrace the philosophy of Hodling can hold on to their coins for a long period of time and sell it for profit, my biggest mistake of course selling at the wrong time but no regret I need the money so badly and selling is a life saver for me.

[Gunday_07]

I went into mining first instead of investing, I would have made lot of money if I have invested in top altcoins years ago instead of buying mining equipments, it took me too long to recover my ROI and to be honest it's not worth it cos it took me way too long

[shushu9977]

My biggest mistake in crypto-currency is aion which very harmful for my life and I lost a big amount. Another one coin which I buy and lost more than 100 dollars.

[dre1982]

My Biggest mistake was also that I did not adopt bitcoin at early days. now I feel that I was so stupid to not do that. everything was obvious. it was so obvious that bitcoin is something which can grow in future give huge profit in return. but still so many people avoided it at that time and now they are regretting that.

Biggest mistake was investing in Hashprofit. I wasn't that experienced in the crypto world and trapped in such a cloud mining scam.

investing in cloud mining was also one of my worst experience and mistake. I would never do that again.

I think a lot of users where scammed back in those days.

I learned my lesson and haven't trapped in any other scam after that.

[pixie85]

I don't think that not buying bitcoin can be one's biggest mistake. If it was all the people in the world would be able to say that because how many of us were able to buy in 2010? In 2009 there was almost no way to buy, you had to mine it, so we all could say that our biggest mistake was not mining it in 2009

My biggest mistake was trying to trade it early on instead of buying and holding. I came here as a trader and tried many things like bounties altcoin investments, trading... The only smart thing to do was to buy bitcoin and hold it and I got to that a year after joining the forum.

[Dadounet]

My biggest mistakes:
1/ I wanted to enter in March 2017, but I did not: I've waited until Jan. 2018, the wrongest moment!
2/ I spent too much BTC and ETH in bullshit altcoins which collapsed.