Ratash
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January 05, 2021, 07:36:27 PM |
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I made a lot of mistakes in crypto but the most signifigant one is that i did not invest in some major projects out of inexperience and i did not belive in some altcoins as a bounty hunter i sold them too quickly and they ended up having big pumps.
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dre1982
Sr. Member
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★Bitvest.io★ Play Plinko or Invest!
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January 05, 2021, 08:06:55 PM |
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I made a lot of mistakes in crypto but the most signifigant one is that i did not invest in some major projects out of inexperience and i did not belive in some altcoins as a bounty hunter i sold them too quickly and they ended up having big pumps.
Or just the other way around. Investing in intersting projects which turned into a scam after the owners dumped all their coins as soon it was on the exchanges and left.
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Jamesdila1
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January 05, 2021, 09:24:41 PM |
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The worst mistake that I have ever made is not holding my raiblocks coins (nano after rebranding) I sold my coins very cheap If I didn't sell them I would have been rich by now.
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wheelz1200
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January 05, 2021, 10:51:24 PM Last edit: January 06, 2021, 04:08:47 AM by wheelz1200 |
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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. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I think a lot of people will have the same type of answers; not buying enough while it was "lower", trading away your stacks, or falling for some scam. Those are probably 3 of the top 3 regrets when I see these questions. Me personally, not finding it sooner. Always could have found it sooner if I looked in the right spots. But it is what it is. I think we are still early in the game.
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Shasha80
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January 05, 2021, 10:53:07 PM Last edit: January 05, 2021, 11:03:20 PM by Shasha80 |
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Talking about the mistakes I did in cryptocurrency was very much, especially when I first got to know cryptocurrency. But I never regret that I have done all the mistakes that I have done. Because of all the mistakes I've had, make me more mature in making decisions when it comes to investing in cryptocurrency. Sometimes we can succeed, because we learn from mistakes. It doesn't matter if we make mistakes, the most important thing is we don't repeat the same mistakes.
And my biggest mistake was borrowing money from banks as cryptocurrency investment capital, what I do is probably a lot of members in this forum who do this too. Especially if the nature of greed appears and the crypto market is in a bullish trend, then we will look for all kinds of ways to be able to get big capital so we can get big profits too. Without realizing that investing in crypto is very risky with its volatile prices, which can fall at any time. I made that mistake in 2017 and lost a lot of money in 2018. So I hope that no one else uses borrowed money as crypto investment capital.
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gabbie2010
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January 06, 2021, 08:32:13 PM |
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I wasn't into cryptos early was one of my biggest mistake despite the fact that I had funds to invest into it then, I just squandered and spend the money lavishly on trivial things, another regret was I that I participated in a bounty campaign which I so much trust and spent lot of time and efforts that lasted almost three months in 2018 having ignored BTC paying campaign unfortunately the bounty turned scam both bounty and project managers disappeared into thin air without a trace that was another big mistake on my part.
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Abiky (OP)
Legendary
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www.Crypto.Games: Multiple coins, multiple games
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January 07, 2021, 06:29:24 PM |
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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.
Nobody's perfect. Everyone can make mistakes every once in a while. Just move on and keep moving forward. Monetary losses are unavoidable, especially in crypto land where prices are extremely volatile. I've lost many opportunities to make profit with crypto, when prices went all the way to the moon in 2017. Fortunately, the bull market repeated itself, allowing me to take advantage of Bitcoin's price gains. With an ATH of $32k per coin, my gains were greater than they were a couple of years ago. Still, I've lost a lot of money during crypto's early days when cloud mining was overhyped. One of my biggest mistakes was investing into GAW Miners' "hashlets". Little did I know that the whole operation was a scam. Thousands of dollars were lost when GAW Miners' Josh Garza decided to run away with the money. I've also lost money when going all in Paycoin. GAW Miners claimed the coin will always be worth $20, only to go down the drain a year later. At least, I've learned a valuable lesson. And that is to never invest more than you're willing to lose. Nonetheless, crypto has many risks than Fiat due to its widely volatile and unpredictable nature. You could either end up being rich or poor in an instant. As long as you cash out your crypto every once in a while, you'll be able to stay safe in this wild and crazy world of crypto. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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lousie9
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January 07, 2021, 07:16:17 PM |
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This is natural, not only beginners, even traders have made the biggest mistakes in this industry. For me personally I have also experienced this, especially when I couldn't manage my finances properly, was careless, chose the wrong project, panicked or sold at a loss, looked ridiculous by buying dump coins and it ended up not what I expected.
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kaneki007
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January 07, 2021, 07:25:25 PM |
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The worst mistake that I have ever made is not holding my raiblocks coins (nano after rebranding) I sold my coins very cheap If I didn't sell them I would have been rich by now.
I also made the same mistake when I got a lot of Nanos from the faucet and sold them in mid-2017. Maybe a lot of people would not have thought that the nano would hit nearly 40 $ by then. Hoping the altcoin season is coming soon in the near future.
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ololajulo
Sr. Member
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SOL.BIOKRIPT.COM
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January 07, 2021, 07:44:54 PM |
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Biggest mistake was investing in Hashprofit. I wasn't that experienced in the crypto world and trapped in such a cloud mining scam.
Most crypto investors must have made this mistake at a point especially old investors, however, this may not be applicable to bitcoin maximalist that didnt fall for bitcoin killers any time and they are very few. The annoying thing is to see the team trying to launch another project with there name on it. And when you ask why they think they can succeed with the new project, they will ignore or ban you from the group.
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ScamViruS
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January 07, 2021, 07:45:57 PM |
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Everyone makes mistakes. And they learn a lot from their previous mistakes that will come in handy in the future. I have also made many mistakes in crypto which are very difficult to remember.
Because the mistakes I made were about coins and biggest failure for me. I bought a lot of coins at a good price and sold them at a small profit, later it was found that those coins are now very popular and in the top list in the crypto market. If I had hodl those coins, my financial situation would have been different today. So I don't want to remember the mistakes made in my own crypto, because it’s painful for me.
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tabas
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January 07, 2021, 09:50:16 PM |
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Unfortunately, it is almost impossible to do without mistakes, but it is even more difficult to accept them and realize that this is just a part of our life. For me personally, it was devastating to sell a few bitcoins at a low price back in 2016. Of course, the understanding of my mistake came only in 2017.
We did mistakes on 2017 and we might make mistakes again for this year. The common mistake that we did was we never bought at the low price and sold at the highest price. It is happening again for this year with some investors but for us who have learned, don't make the same mistakes and take your profits.
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Fatunad
Sr. Member
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PredX - AI-Powered Prediction Market
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January 07, 2021, 09:54:04 PM |
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Unfortunately, it is almost impossible to do without mistakes, but it is even more difficult to accept them and realize that this is just a part of our life. For me personally, it was devastating to sell a few bitcoins at a low price back in 2016. Of course, the understanding of my mistake came only in 2017.
We did mistakes on 2017 and we might make mistakes again for this year. The common mistake that we did was we never bought at the low price and sold at the highest price. It is happening again for this year with some investors but for us who have learned, don't make the same mistakes and take your profits. For people who do caught in FOMO then for sure they would really be experiencing some loss and for those who do have experience back in the past will really be keen on making such step and hesitance but with those noob mistakes on diving into the market without any analysis did really play out well.For those who had bought on 20-24k to believe that the price might shooting up more then they did really a right call.For those who have doubted then we had already made out an another mistake.
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pandanaran
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January 07, 2021, 10:02:56 PM |
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everyone has their own mistakes, including myself, I have personally made a fatal mistake by buying a coin at a cheap price and who would have thought that the next day the price of that coin had increased sharply, I didn't have time to sell it at that time because I was busy in the real world. in the end I had missed that golden opportunity, but that was only in the past and I learned a lot from every mistake I made in the past ..
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DarkDays
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January 07, 2021, 10:06:16 PM |
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I think everyone is now regretting now buying BTC when it was 10k or even 15K, and selling too early.
Alas, these are mistakes you learn from, and as long as you can be happy with whatever profit you made at the time of selling, that's what matter. You did not know that things will get better, and you might have sold too early. At the time it was the right decision.
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romero121
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casinosblockchain.io
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January 07, 2021, 10:13:43 PM |
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I've made big mistakes with bitcoin in gambling. Beyond this I've helped people in need. This means when the price was very low. Maybe around $5000, by that time I've cashed out and helped people. It was years back, but considering the present value I feel worried of missing my days. If I've kept hold I could've overcome all my financial issues by now. Anyhow on the corner the help I did benefitted the receivers, which gives little peace of mind.
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Abiky (OP)
Legendary
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January 08, 2021, 05:43:52 PM |
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I've made big mistakes with bitcoin in gambling. Beyond this I've helped people in need. This means when the price was very low. Maybe around $5000, by that time I've cashed out and helped people. It was years back, but considering the present value I feel worried of missing my days. If I've kept hold I could've overcome all my financial issues by now. Anyhow on the corner the help I did benefitted the receivers, which gives little peace of mind.
Believe me, you can end up losing your life savings in gambling due to greed. That happened to me some time ago, as I've became addicted with crypto gambling. The feeling of greed is what makes you bankrupt in the long run. I've learned a valuable lesson, as now I don't invest more than I'm not willing to lose. Using faucet earnings for gambling is the safest way to play without "breaking the bank". In crypto land where price volatility is the norm, we must be very careful not to make a mistake that will lead us towards financial despair. No matter if you're a beginner or an expert, mistakes are completely unavoidable. As long as you don't repeat the same mistakes over and over again, you'll be able to succeed in all of your crypto ventures. It's always important to update yourself on the latest crypto/Blockchain trends to help avoid making mistakes in the future. But if you do make a mistake, don't fret. Just let it go, and keep moving forward. Just my thoughts ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Imran232
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January 08, 2021, 06:50:12 PM |
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My biggest mistake in crypto is why i was not buy bitcoin, ethereum in 2018. When the price dump after reaching its all time high price. Now i am feeling very angry on me. I am also thinking about my biggest mistake is why i did not buy litecoin when i saw it price us reach $30-$40. I think this all are mu lifes biggest mistake if i was invest $1000 in crypto in its dump price time maybe i can becomes a millionaire right now. Soo lets see what happen in my life. Now our all hope is in altcoin. Because it is not possible to buy 1 bitcoin for me because i am not elon mask dude. Also from a irregulated crypto country it is impossible to buy 1 bitcoin.
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tabas
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 09, 2021, 07:17:08 AM |
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Unfortunately, it is almost impossible to do without mistakes, but it is even more difficult to accept them and realize that this is just a part of our life. For me personally, it was devastating to sell a few bitcoins at a low price back in 2016. Of course, the understanding of my mistake came only in 2017.
We did mistakes on 2017 and we might make mistakes again for this year. The common mistake that we did was we never bought at the low price and sold at the highest price. It is happening again for this year with some investors but for us who have learned, don't make the same mistakes and take your profits. For people who do caught in FOMO then for sure they would really be experiencing some loss and for those who do have experience back in the past will really be keen on making such step and hesitance but with those noob mistakes on diving into the market without any analysis did really play out well.For those who had bought on 20-24k to believe that the price might shooting up more then they did really a right call.For those who have doubted then we had already made out an another mistake. Those who had bought on $20k-$24k have the guts to buy because it's the ATH by that time and like most of everyone's thought, they're all the same thinking that no one would buy at the top and knowing that it's the new ATH, it's more fearing. But no way, they've done it and they deserve the profit that they've made and just almost doubled it if ever they've bought a whole bitcoin.
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mamesso
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January 09, 2021, 09:16:31 AM |
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Everyone has ever made mistakes in his life, including me. The biggest mistake I made in crypto was buying IGNIS and NXT coins in 2017, at that time almost all the money I had was used up to buy these two coins, after that IGNIS and NXT experienced a very extraordinary price drop, and now these two has become useless shitcoins for me. Yeah, experience is the best teacher for me, I can learn to be wiser when making decisions, so that, the mistakes I have be done are not repeated a second time.
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