what you worst experience on crypto

[udayantha11]

Here i am going to discussed worst cases. Because lot of people adopting to Crypto space and some getting more and some ended up with nothing.

back 2017 i have no experience and new so some execution not got timely.

My worst experience was Not exit at the correct time. there was a ICO it gave me 10X.  (6500USD) but i did not exit at the correct time so it went for 400usd.

I sent ETH to unknown escrow. 200$ lost. scammers

Not aware of USDT. Its a very bad experience.

Not concern about Technical analysis.


so today i have massive experience so i know how to play the game. Lets share experiences so enrich newbies knowledge.

Cheers

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[Bttzed03]

well, you pretty much summed up all the bad experiences of all newbies back in 2017. The only thing that is missing there is giving private keys/seed phrase to phishing/fake websites. I've also seen some people give their money to fake giveaways.

[akirasendo17]

everyone in the crypto world experience it pretty sure, for me invested big amount on a project that never materialized, and left us hanging, it was in 2017, no one can tell if a project is legit or scam, there are some signs but its really hard to find out until the last minute, but the best about this is that we learn from every mistake we did and push forward, and never to make the same mistake again.

[DaMut]

what is worse than selling your coin cheaply for a meager profit while a few days later it shot up 150x from your initial capital?
it just happened with me a few days ago, bought something called unity token and sold it for 18x profit.
with only 3$ I made it into 56$ but then if I were to sell it a few days later I would have gotten it around 4000$.
literally I could not sleep peacefully in the night and feeling grieved over it.

[Coin_trader]

Losing my $ETN(Electroneum) worth 2BTC that time after I store my coins on the official wallet which I downloaded on the official website. The hacker have access on my my wallet even though it has a email verification and pin protection that time. After that incident, I decided to never use any software wallet of altcoins even though it was official or not. I just store my coin on my ledger or exchange with 2FA security to make sure that hacker cannot access even though they have malware on my laptop.

[rozak]

you have a wonderful experience. love to read and can tell what you are sharing from your own experience.
I started crypto from this forum, with an invitation from one of my friends of course. Initially, everything was about bounty hunters who could get crypto without cash. (of course, I'm interested)
but after he introduced the forum, he didn't teach me about bounties. but let me know how this forum is first. especially about market knowledge, to be honest it really helps.

to be honest I didn't study market or project analysis at the time. what I understand is to buy when it is on the decline and immediately sell when there is an increase. do not know the long term because with a small capital before starting to get payment from the results of the bounty campaign.
however, I succeeded with my first purchase by making a profit of $ 50 within 3 days. it made me even more eager to buy something else. Because without the knowledge and experience of analyzing markets and projects, on the second asset I bought, I suffered a loss of $ 35.
After that, I decided to seek bigger capital from the bounty campaign to plan for better investment and trading.

[bitkanu]

that's happening with so many people dude. I have so many worst decision that I have taken it but I lost a lot of money.
This is happening last month when I was cashing out some altcoins at the incorrect time and I lost more than 10k USD.


I think that I have been facing so many worst experience in the crypto since I was joining in the crypto. I have passed all.

[ethereumhunter]

We have the worst experience with crypto, especially when we are new people who join the crypto. If we can learn more about crypto and we always be careful when we want to invest in crypto, we can prevent the other worst experience that might happen later. My worst experience happens many times when I join the crypto world because I do not know about the scam. But talking about not selling the coin at the highest price will be another experience because of the greediness that comes to us. We need to prevent greediness. Otherwise, we will not have a chance to make a profit.

[deathcode]

that's happening with so many people dude. I have so many worst decision that I have taken it but I lost a lot of money.
This is happening last month when I was cashing out some altcoins at the incorrect time and I lost more than 10k USD.


I think that I have been facing so many worst experience in the crypto since I was joining in the crypto. I have passed all.

you will get in exchange, man.
I believe people with experience like you and those who have been in the crypto market for a long time now understand how crypto markets and assets work.
there are no traps, only our mistakes are not very careful and do not want to learn first. now I believe you are increasingly able to control your investment planning for the better.
when it comes to bad experiences, believe me almost everyone in the crypto market will have experienced it. whatever the nominal I believe it is sure to provide a rewarding experience.

[bitzizzix]

Those of us who have been here for a long time must have felt something detrimental, ranging from project fraud, panic selling by selling with a small profit, even though in the near future it will increase many times and finally regret it.
and my unforgettable experience was when I bought a large amount of coins because the conditions continued to go up and when I bought, I hoped it would continue to increase and it turned out that the coins dropped drastically in an instant without getting back up.
and that all will be a lesson for all of us so as not to happen again and make us more careful and so on.
and all that has been forgotten and made things better and not gullible.

[concept2]

My worse experience in crypto is once I invest my bitcoin in HYIP project in 2016 which was equivalent to $50 back then. It was a big money to me but I was new to cryptocurrrency and blindly invest my money to a website which claimed to give me 24% after a month. And you all know the result. I lost everything I had

Thankfully, experience and pain made me stronger. I spent more time to learn about the cryptocurrency by the cause of bitcoin price' increase. It really shocks me when bitcoin slowly reached $1000. I spent more time on work so that I had money to buy a little bit. And I did earn quite an amount of money in 2017. That was quite a superior memory to me

[JeffBrad12]

My worst experience in crypto if i don't sell my house to buy bitcoin. I never got scammed nor lose in crypto but it's very sad to say that i was missing a very great opportunity to buy bnb @2 cents, ethereuum @5 dollars and bitcoin when it was still trading below 3k USD.

If i know that and i will retire from all of my jobs in real life. 

I think that there are lots of old crypto users who were also missing the best opportunity to make their financial freedom from crypto.

[fia_naila]

I have a lot of worst experience in crypto :
1. I bought cloud mining with my Credit cards loan in 2014 and it turn to scam website. ( Lost about $2000 )
2. I lost my bitcoin on centralised exchange ( exchange turn to scam exchanger and the owner run ) lost 1 btc in 2016
3. Lost due to invest to scam ICO, thats why you need to choose and dio research about ICO.

And from those experience i have learned a lot and choose ICO which only i feel its legit like student coin

[Ucy]

My worst was probably losing $5 dollar on a centralized exchange as matured crypto user. I was always cautious trading with amount I couldn't afford to lose on exchanges back then. And preferred to control my funds and use safe/truely decentralized platform with reliable escrow service.  Before then, I made up my mind not to lose any amount on centralized exchanges due to many cases of people losing their funds on them then. It was quite shameful to me to lose even a dollar on things I spoke against and thought no sane person should be losing money on them.

My first (as a newbie) was sending my Bitcoin to an investment platform and never earning any income from that. I was actually expecting that and was quite prepared, so I don't consider it the worst.

[Sayeds56]

Here i am going to discussed worst cases. Because lot of people adopting to Crypto space and some getting more and some ended up with nothing.

back 2017 i have no experience and new so some execution not got timely.

My worst experience was Not exit at the correct time. there was a ICO it gave me 10X.  (6500USD) but i did not exit at the correct time so it went for 400usd.

I sent ETH to unknown escrow. 200$ lost. scammers

Not aware of USDT. Its a very bad experience.

Not concern about Technical analysis.


so today i have massive experience so i know how to play the game. Lets share experiences so enrich newbies knowledge.

Cheers

My worst experience was in 2018 when I was new in crypto Business and had no idea of scams in this industry so I had to pay huge cost of my ignorance when I subscribed  many ICOs with the hope that i will book good profit in these tokens and paid them huge amount of Ethereum but unfortunately  most of them never saw the light of the day turned up as scams. Some of them never sent any coins in ETH wallet and those who sent were worthless because they never got listed on exchanges.

[jjdub7]

Here i am going to discussed worst cases. Because lot of people adopting to Crypto space and some getting more and some ended up with nothing.

back 2017 i have no experience and new so some execution not got timely.

My worst experience was Not exit at the correct time. there was a ICO it gave me 10X.  (6500USD) but i did not exit at the correct time so it went for 400usd.

I sent ETH to unknown escrow. 200$ lost. scammers

Not aware of USDT. Its a very bad experience.

Not concern about Technical analysis.


so today i have massive experience so i know how to play the game. Lets share experiences so enrich newbies knowledge.

Cheers

Hello,

Excluding the Bounty campaigns I've been involved in for months and then it turns out to be a scam and we don't get any tokens, I have another bad experience, similar to yours, even a little worse.

I had about 130 K tokens, I don't remember how much they were when it was time to sell them and then I forgot about them for a few years and when I checked them again later, it turned out that the project was already dead - so I couldn't get even $ 1 of them.

But I think everyone in the crypto world has encountered more or less similar problems!

[ZAINmalik75]

Yeh I have also some bad experience in 2021
One of the coin name as file Coin I bought it and hold it but after a long time its doesn't show any bulish but when I exit from it . it start bulishing and move too high price.

And the another thing is that bounties . I join too much bounty but most of them become scam.

[Jackl87]

Here i am going to discussed worst cases. Because lot of people adopting to Crypto space and some getting more and some ended up with nothing.

My worst experience so far in crypto was also my very first one. I joined the crypto world back in august 2017 and the first investment i made back then was into the ICO of DimCoin. I was still at university back then and of course being completely new to crypto every $ that i invested was FIAT from my bank account. To make a long story short the project was pretty much a scam and of course everything i invested was lost.  Thank god i only invested 150$ back then. Others of course invested several thousand $ which they lost. Dimcoin collected 14M$ with their ICO so a massive amount of money was lost in total.
Thankfully i was not deterred by this first bad experience in the crypto world and i sticked around. 

[crzy]

I have a lot of bad experience with cryptocurrency over the past years, and the most unforgettable one is when I got scammed for the very first time. I believe on sending ETH and and will received a higher amount in return, later on I found out that its just a scam and I did lose my money.

I believe those bad experiences made me a better investors in a world of cryptocurrency, I guess this is a must to experience for every newbies so you wont lose more along the road, so its better to lose at the early stage. Don’t just give up easily when you fail, just keep on trying.

[Fivestar4everMVP]

@poster, the same thing has happened to me a couple of times in different ways though, like in 2016, I invested in a coin, the price of the coin rose to a very good amount of money but greed set in, I wanted it to go up more, it definitely went up more, and I wanted it to go up even more and more,, long story short, a coin I would have sold and made like $2300 dollars, I ended up making below $ 100 dollar when I later sold them, it was a very painful experience for me, I cried any time I imagined how much I would have made if only I wasn't too greedy, if only i sold at the peak when my spirit was telling me to, but I refused to listen... But anyways, it's a story now