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

[dre1982]

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.

I guess the most people regret that they didn't bought crypto earlier. But if anyone did that back then the price would be higher back then ;-)

[john_nautica]

The biggest mistake I have ever made on crypto would be definitely selling too early. Drove by my emotions, the uncertainty, the fear of loss led me to impulsively selling when price hikes, not having second thoughts that price might increase higher if I will be just patient enough and wait. Yeah, I did that. But I have learned my lessons now.

[Btra]

The biggest mistake I have done crypto in the year 2017. The mistake was that I didn't sell my coin which is in better profit and hold it for a long and now that coins are in no value. Even some coins are gone obsolete totally vanished from the market. A big example is Dimcoin which now traded nowhere.

[sportclub2010]

The biggest mistake I made was that I trusted the Rebellious team, bought a lot of REBL to launch several masternodes, and they deceived everyone and closed the project. They lied to everyone for a whole year that they were doing their job. Telegram manager Rebellious lied to us that soon, soon ... And suddenly the project was closed https://www.rebellious.io

[mamesso]

The biggest mistake that I've ever made in the crypto world is that I havent listen to my friends when they enter this industry way back 2017 where they earning a massive income.

Yeah, 2017 have been a wonderful year for the crypto industry, very many bounties were successful at that time, thus making bounty hunters get a large income from the projects they participate in. Entering 2018 and 2019, the crypto industry is in major shocks, besides the price of coins that continue to decline, scam projects keep on arriving, thus making investors and bounty hunters suffer losses. 2021 have given a new hope, it's a time for you to make up for the mistakes you made in 2017.

[Ryushin]

There is nothing more heart breaking in crypto space that losing money, I've invested on few scam projects that brings great loses and pain to my life in the past but I don't quit and I learned from that mistake, to newbies out there make sure you can tell the difference between a scam project and a real project or else don't invest at all

[pandanaran]

Trusting a useless project and investing on it and ended up losing money in the process, honestly it was a big mistake on my part, I should have just stayed away from that project but I thought it was worth the try, it is all in the past now but still socks whenever I think of it.

Losing a large amount of money It's pretty hard to forget, especially if the mistake includes a bad project investment. I have experienced the same thing as you, when you misplace money on a project and end up being a scam. On the one hand I began to realize that not to fall in love with a project that offers a high return on investment and always research a thousand times before investing in any project.

[bitcalm]

i still use moonbitcoin, moondogecoin, moondashcoin everyday, these coinpot faucets for 2 minutes.
even they dont pay me anymore since at least 1.5 years.  

[cryptofirm]

my biggest mistake in crypto is i didn't buy ethereum in ICO stage my friend
because in that time i already know about cryptocurrency but only focusing on bitcoin and litecoin

[smoolae]

Biggest mistakes have probably been FOMOing into coins and then not selling them in hopes they go up even more. I have lost a good amount of money during the last month and first FOMOing in and then not getting out after a fast 2x or 3x.

But viewing it at another angle, everything I have bought and then sold has gone up to the same level (or higher) than before when I bought it.

[lozovenkop]

My biggest mistake is that I was not interested in cryptocurrency before, there were financial mistakes as well, but it's an experience, so I have no regrets 

[Sled]

Being impatient.

Well, I don't think it was the biggest mistake and failure but sometimes I blame myself for being like that and not have that strong guts to positively believing in the future.

Maybe I call myself a short-term holder. I have some altcoins before but I already sold them because of the worries inside and negatively thinking that sinks more than the day that a sell it. That usually came into my mind but now, I realize that was wrong and must have to change.

[WalkerIVIV]

My biggest mistake is that I was not interested in cryptocurrency before, there were financial mistakes as well, but it's an experience, so I have no regrets 

A lot of late comers were feeling the same thing like you. They didn't know about the new technology will need the time to be adopted by so many people in the world. There were so many parties that blamed bitcoin in the past but this time those people are changing their mind about bitcoin. They start to search for more and more bitcoin to be used as their future investment.
Remember also the bubble dotcom which has the same story with bitcoin.

[ElaineGanda]

My biggest mistake in crypto is when I stopped doing it way back in 2017-2018 when the market started declining. It is because I didn't get the real importance of crypto. I thought it is just something to do when I have spare time but now I realized how crypto can help individuals and the economy. Crypto is something to be worth studying for and worth expending time to know more about it.

[Mpamaegbu]

It's good to see how the timeline on the OP reads Jan 1, 2021. Some of us here never thought this year would come or that we would survive 2020 with all its headache. But grace led us this far.

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.

Are you sure about being a millionaire from early hodling because many who bought in the early days sold off when Bitcoin barely got to $100 or less than $1k. It's the same way a lot of altcoin whales are trading valuable altcoins at a cheap price now. I hope they won't regret it a few years later. It's always like that.

For me, one of the sad moments I recall in crypto would be at the time I sold off all my BNB hodlings for a lending shitcoin that later scammed. That was in 2017/18 and it still hurts me till date.

[silverston]

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 made a lot of expensive mistakes (this is both an unsuccessful investment in a pyramid for dozens of ethers and an illiterate investment in the gaming environment), but I emphasize that the main mistake was not taking profit. I thought that transferring cryptocurrency to fiat was stupid, because everything was growing, and then, as everything fell, I realized that it was stupid not to withdraw at least half of the deposit on time.

Take profit, don't forget about it! After all, your earnings are not the amount of cryptocurrency in your wallets, but the amount of dollars in your pocket!

[LogitechMouse]

I can't say that this is my biggest mistake but I can consider it as my biggest missed opportunity in my crypto life.

I started into crypto late 2017 when Bitcoin is at around $3,000 already and I've seen it go up to $20,000 but at that time I don't have any idea since I decided to learn more before investing to prevent losses. 2018 comes and I've seen the crypto bleeding all over. I know the basics of it already but it is a missed opportunity for me since I didn't bought and hold and crypto at that time. Another missed opportunity is this March 2020 when the pandemic started. I still remember the time where I always visit Coinmarketcap and the market is going down and down at a faster rate but I don't have any cash at that time and I feel regret on it.

This time I already adjusted my investments and my cash. That whatever happens, I will still hold some fiat money in order to invest into the market when the worst thing comes.

[msarro]

I think for me is not investing while it's very low and thinking that it won't increase again and of course wasting a lot of Bitcoins playing gambling games. That's what's the biggest mistake I've made, I really should just have hold my coins back then.

[Banulit]

I think the biggest mistake that I have made in crypto world is that I did not listen and I doubt to my friends when they started participating bounties which made them to have a better life right now. Until now I am still hoping that it is really not to late for me to have a better future by being in this crypto world.

[bryant.coleman]

I first started my investment in cryptocurrency almost 9 years ago. But in the following months, I made a number of mistakes, resulting in the loss of a majority of my coins. First, I invested in a scam project called LitecoinGlobal, and half of my coins were gone immediately. Then I invested in a few shitcoins such as Labcoin and Quark, resulting in the complete loss of investment. And finally, I lost more coins when I failed to take the backup for some of my wallets.