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Author Topic: What's the biggest mistake you've made on crypto?  (Read 1159 times)
IkonaDro4ku
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January 02, 2021, 07:27:44 PM
 #21

My biggest mistake is neglecting my safety I neglected safety once and lost almost everything that I earned during the year.
demonloso
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January 02, 2021, 07:31:37 PM
 #22

My biggest mistake was trusting and investing on XRP during 2017 wahahahaha  Roll Eyes Grin Cool
BIT-BENDER
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January 02, 2021, 07:41:19 PM
 #23

Biggest mistakes! Mine in crypto-currency can not be said to be a big one, people have made mistakes trading and losing, I haven't traded in crypto-currency, people has been scammed by there insensitive, am glad to not be scammed, people may say they missed Bitcoin in years of Bitcoin low price, I missed that too but thats not a mistake on my part because I have to hear about it to join and if I had heard it then and not joined then it would be my biggest mistakes, so far am putting things step after steps.

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testerx
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January 02, 2021, 08:46:29 PM
 #24

Selling my BTC on MtGox for $5 a piece because I mined a block in less than a day on my computer and it seemed like a killer return.
Then probably investing in various ICOs and not dumping the alts when they pumped to get more BTC back.

Oh and spenting my BTC trying to buy miners from Butterflylabs instead of buying the the first Avalonminer. They got to market WAY sooner and by the time I got my piece of crap Butterflylabs miners the difficulty was sky high and I never made back what I bought them for.

So many stupid mistakes lol
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January 02, 2021, 09:04:31 PM
 #25

The biggest mistake that OP experienced was the thing I experienced as well. Perhaps that regret comes today, when bitcoin’s price has soared,
and I sold bitcoin at a very cheap price in years past.  And  also I’ve  been in a hurry  to sell  my altcoins.  If I  could  hold it  until this  moment,
I have doubled my money. It’s a precious lesson for me.

/font]
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January 02, 2021, 10:20:53 PM
 #26

My biggest mistakes and the darkest our on the way through the crypto journey till today was to invest more than 1 BTC in some Masternodes of scam coins and didn't get it... few weeks later all nodes were worthless
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January 02, 2021, 10:26:51 PM
 #27

not buying bitcoin at that time it cost just a few cents it was fair because at that time i didn't know about crypto but the latest biggest mistake was not buying bitcoin in the last year when the price was still under $4k and ethereum was under $100

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January 02, 2021, 11:57:58 PM
 #28

Converting most of my crypto into Fiat and also not investing early,
I could also say that not holding or believing on it since I dump some of my crypto because I think that they wouldn't get any higher anymore.
I have so many mistake in crypto and because of those mistake I learn some lesson and I would use it to avoid repeating those mistakes again.

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January 03, 2021, 11:56:40 AM
 #29

To be specific, it is failing to assess the credibility of a project which resulted in a substantial loss to me. Unfortunately, I lost a portion of my hard-earned money, as it turns out to be a scam. I regret it as I was foolish to believe a project that has an unbelievable claim of an easy profit but has no functionality. Regardless, it comprises a valuable lesson that I continue to apply thus far, and it fulfills a significant role in the development of my knowledge.
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January 04, 2021, 08:41:32 PM
 #30

The main mistake of many beginners is not buying a promising coin in time. Doubts and fear of losing money play a dangerous role with us and deprive us of the opportunity to really earn money. But on the other hand, investing in everything is also a huge mistake.
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January 04, 2021, 09:13:10 PM
 #31

Selling my BTC on MtGox for $5 a piece because I mined a block in less than a day on my computer and it seemed like a killer return.
Then probably investing in various ICOs and not dumping the alts when they pumped to get more BTC back.

Oh and spenting my BTC trying to buy miners from Butterflylabs instead of buying the the first Avalonminer. They got to market WAY sooner and by the time I got my piece of crap Butterflylabs miners the difficulty was sky high and I never made back what I bought them for.

So many stupid mistakes lol



Im curious but how much btc did you had at that time? 
michellee
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January 05, 2021, 06:22:06 AM
 #32

If the biggest mistakes are not trying to buy when the bitcoin price is the lowest, we have those mistakes, but I do not want to regret it because that happens in the past. Right now, we have another opportunity to buy bitcoin and earn bitcoin in many ways, but we can not be able to buy bitcoin in a big amount like in the past. But we can have many bitcoin in those ways, especially if we can work hard and not stop before getting many bitcoin.

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January 05, 2021, 06:36:14 AM
 #33

.

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.
It's Good that you have not Bought Bitcoin in early Days because if you purchased them those time ?for sure you have much more to lose on these cases below

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.

Imagine Having Lot or Bitcoin ? Then the hackers ,scammers and even Fake projects had accumulated Big amount of Bitcoin as you have many to invest .

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. Smiley
But that's part of Crypto investing ,To become a victim of our wrong decisions, but important that we at least learn more.

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January 05, 2021, 06:45:40 AM
 #34

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 become 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. Smiley

Most of us experienced that, people who knew about it when it was created had the biggest regret in their life. It is understandable, it is normal to be skeptical about investment if you are not sure where it will lead to.

One of the biggest lessons I've learned from the past bull market is to never HODL your  coin/token for too long. Always take your profit if you can and while you can. I've had several projects where I was left to HODL till the value goes down the drain.
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January 05, 2021, 07:05:55 AM
 #35

Early 2020 I used to hold USDT that worths over 3500$ probably waiting for Bitcoin to dump so I can buy but friend influence took the best out of me, I was introduced to Ethershift and I made a stupid decision to invest all that money, greed was presence in me and I lost all the money, many others lost money just like I did, the token dump to 0.01$ from 4$, still painful whenever I remember this shit

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January 05, 2021, 08:04:40 AM
 #36

This market has taught me a lot of things, i have made many mistakes in trading or investing in ICO, IEO,... and after all i realized that i could make more profits by buying and holding bitcoins and i actually consider it a mistake.

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January 05, 2021, 03:11:58 PM
 #37

Joining the CryptoBitcoinChris callouts and Telegram channels.

Biggest bunch of BS and bad info on the net. Learned a little bit by his videos about TA trading, but after he got popular most of the call outs and charts posted are utter
bull and he himself and his moderators are not helpful at all. Wasted a bunch of money.

Go Big or Go Home.
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January 05, 2021, 03:16:33 PM
 #38

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

One of my biggest mistake within this industry is not knowing when to sell. There was a moment when that specific coin that they are talking about was speculated to drop in value but I did not believe in that story so in the end, I got no profit from it. Another newbie mistake that I did was not listening about the possibility of creating money within the Cryptocurrency Industry and yes I guess I wasted years not learning about Cryptos.

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January 05, 2021, 03:43:28 PM
 #39

Buy at the high price and sell at a low price, that is something which I still do. I'll not say, I can't buy bitcoin at $3000 and another low price because at that situation you will feel that the price can fall more than that. At this bull run season I can't get a lot of profit, yeah I'm totally honest. I always predict that when the price goes down I will place a buy at a very low price or even when the price is close to the one I have placed I will cancel and place a buy at a lower price.

However, when the price is going up I always panic buying and have a hope that the price will continue to soar but not long after that the coin price movement meets a correction and reached the cut los that I made. That is a big mistake that I made, I always expected the bull market come like 2017 ago, but I missed it and even the situation only cost me a very big loss.
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January 05, 2021, 05:11:06 PM
 #40

There are no people in the cryptocurrency who have made a mistake; Here, experience is usually gained by mistake. I joined CryptoGet in October 2017 and started working as a Bounty Hunter and received 4600 PRL tokens as the first payment to be sold in November. Without realizing the experience, I sell those PRLs for only $36, two weeks later the token price goes up to more than $4.5K. If I still feel sorry, I didn't need money then, but why did I sell it. It was my first and great mistake in the cryptoworld

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