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Author Topic: what you worst experience on crypto  (Read 4048 times)
Rikotin
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August 06, 2021, 11:43:30 AM
 #261

I think 2018 - 2020 is the darkest time where many coins fall into the black hole, it's dark like there is no light at all, but now everything has improved even there are lots of pumps in various coins, hopefully we can feel success today and beyond.
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August 06, 2021, 11:46:09 AM
 #262

I participated in looking good project. Promoted them for 7 days. So I expected high reward as they promised to send it into us. 3 months after waiting they didn't pay us. In fact they said bounties didn't help their project to success. The result no payment. I'm so very disappointed because I expect reward for my hard work but no payment.

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August 06, 2021, 11:49:22 AM
 #263

I wanna share my sad story of investing in crypto in 2017-2018, i've been trough a lot of scams from fake cloud mining, fake lending programs, fake staking programs, and also investing a coin that experienced 80% drops in a day. For people who experienced those kind of scam nowdays, don't stop exploring cryptocurrency world, there are still more profitable chance that you could get, you just have to be careful and wise for investing your money
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August 06, 2021, 11:58:13 AM
 #264

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
Yes back in 2017 so many scam and ICO mania become the biggest ponzi scheme like tulip fever. Its no different with this year which many moon and dog coin that launch which promise you to get a profit by doing it together. I think most people never learn and think crypto as a way to get a fast money and they do trying the luck that they have and i do think its completly wrong and a flaw in crypto investors. My experience in 2017 is worst like yours, i lose almost 80% of my asset but luckily i manage to get a lot profit from coin that i hold.

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August 06, 2021, 02:04:17 PM
 #265

I wanna share my sad story of investing in crypto in 2017-2018, i've been trough a lot of scams from fake cloud mining, fake lending programs, fake staking programs, and also investing a coin that experienced 80% drops in a day. For people who experienced those kind of scam nowdays, don't stop exploring cryptocurrency world, there are still more profitable chance that you could get, you just have to be careful and wise for investing your money
our bad experience will help us to improve our knowledge and any skill to earn money in forum or crypto market. TThere are alot ways to scamm our money ,and by learn everything from our mistake in the past we could avoid it if we see it in future. And i am totally agree , our faith  and spirit will give us another power to get success from crypto market. Loss in an obligation for beginer but profits i a must for us.
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August 06, 2021, 02:26:45 PM
 #266

so there have been various misfortunes with crypto among the various scams and the various losses 2 are those that i particularly remember not having sold minexcoin at $ 22 and not having sold edo at $ 6 suffering an almost total loss of investments, i would also add not having bought eth when it was $ 100
if we talking about our mistake not joining in some good project at early stage , maybe we could not count it. Personally i am also have big mistake when get alot ADA, Binance and also VIDY  at cheap price when it crash at early pandemic but i am panic when someone give his opinion about market future. I know all of us have big mistake , but as good investors we have to take this is as important lesson so in future we got profits to cover our mistake.


I think 2018 - 2020 is the darkest time where many coins fall into the black hole, it's dark like there is no light at all, but now everything has improved even there are lots of pumps in various coins, hopefully we can feel success today and beyond.

so many fud come at this moment and unfortunately we didnt have proper knowledge about market cycle. If we have it maybe our crypto assets have big number and maybe today we are be millionare.


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August 06, 2021, 04:24:23 PM
 #267

There is no shortage of bad experiences in cryptocurrency, no one can be found who has not had any bad experience in cryptocurrency. I am sharing my bad little experience with you. Beginning in 2020 On the side I sell my 100 binance coins for only $ 10 per coin. Whose market value is now above $ 30,000.

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August 06, 2021, 08:15:34 PM
 #268

That is why it is important for us not to be greedy and we know to be contented for things that we already gain. If you already gain x3 - x4 then that should be enough because always remember that coin just got hype because it is still new so grab it if you already gain because once the hype has gone it will drop out right away.

Correction will happen along the way and if greed takes your focus away you'll see yourself

regretting with mistake that you'll going to commit, lots of times traders and investors allows

greed to control them, instead of enjoying with decent profits, they choose to hold and hope to

see more, and what happened next, they'll just see nothing but losing their hard earned money .
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August 06, 2021, 11:17:07 PM
 #269

I also have such stories. May be every one at the starting face off all this situation . My biggest worst  experience is to loss my $1700 because of my knowledge of right time . Still I am holding this but it's price is now only $200 . Even I have lost all my  $doller from my wallet. Someone steal those. But these are pathatic althoug I m on my way
That's a lot of loss that you've made but you're not alone, I've got also had my horrible experiences when I was still not that much fond of how to react during market dips and highs.
And when you've been stolen by someone, I guess you've become a victim of a phishing site that you haven't noticed that you have visited and input your keys.

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August 07, 2021, 02:01:12 AM
 #270

The 2017 panic sell that most of us experienced was my worst experience. But I have since learned from it and now holding Bitcoin.  Smiley
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August 07, 2021, 04:12:28 AM
 #271

The worst experience for me is when I received an airdrop whose values increased to 1000% but too late for me to sell my shares the value went down to zero, I lose a few hundred because of my mistake of not following coins that I'm holding, so it's very important to check the news on the coins you are holding before you find it too late.
In fact airdrops are not good they are mostly scams and do contain personal information via kyc newcomers are more vulnerable. They greedily invest in airdrops to make more profit and lose everything later so it is better to stay away from these sites bitcoin is reliable and does not need to be checked if you hold a currency like ethereum.
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August 07, 2021, 04:22:33 AM
 #272

My worst experience was shorting bitcoin at the wrong time. The halving happened and I  had speculating on bitcoin rising a year after so,  I decided to short bitcoin,  thinking I would buy in before the bitcoin rise since the previous halving happened at some specific time.  Little did I know that there was Elon musk shilling bitcoin, the rest was history!

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August 07, 2021, 05:37:39 AM
 #273

surely all have good or bad experiences in crypto. I also feel the same way, at the beginning of entering crypto in 2017 I had a pretty good start by participating in the Ebtc airdrop and starting to continue to follow the bounty and quite a number of projects that I participated in and the experience I experienced must also be experienced by other bounty hunters, scams worst project and unforgettable experience when my wallet was hacked and lost valuable coins.
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August 07, 2021, 07:54:55 AM
 #274

600$ lost in 5 seconds when I misclicked a trade. It was a year ago, and I still punch myself because of it.
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August 07, 2021, 07:56:28 AM
 #275

I bought 4 eth for $1,000, then sold it for about $1,800, and then it went up to about $5,000.
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August 07, 2021, 04:48:31 PM
 #276

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
I have also had a couple of bad experiences like yours in the past and they have really thought me what or not to do going forward in my crypto quest  Grin Once I was involved in a bounty that did so well and I had more than a $1000 from it but before the price went that high I staked the coins for a period of time and it was within that period that the price went up and I couldn't unstake to sell and the price fall afterward to below $10, I hated myself for that.

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August 07, 2021, 05:00:34 PM
 #277

I bought 4 eth for $1,000, then sold it for about $1,800, and then it went up to about $5,000.
I don't think this is the worst thing because you still make a profit from your purchase and it's not that for a small amount $800 is a pretty hefty amount.
and this happens because you are too hasty in selling your assets so that you experience it.
but on the other hand it is an advantage that you should be grateful for and an experience so you don't rush into doing anything and I think you should be grateful for it not consider it a loss

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August 07, 2021, 05:56:14 PM
 #278

This happens approximately with everyone. When I was new in crypto and didn't have any experience, I made many wrong decisions, and now I am regretting for those decisions. I got 5x profit from a coin but I didn't sell at that time and now I am at a big loss Grin. So I have learned a lot from my mistakes.

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August 07, 2021, 08:48:04 PM
 #279

Back in 2017, there were a lot of scams, and the ICO craze became the biggest ponzi fraud since tulip fever. It's no different this year, with a slew of moon and dog coins launching that claim to make you money if you work together. I believe that most individuals never learn about crypto and think of it as a way to make quick money, instead relying on their luck, which I believe is completely incorrect and a fault in crypto investing.
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August 09, 2021, 05:55:06 PM
 #280

Back in 2017, there were a lot of scams, and the ICO craze became the biggest ponzi fraud since tulip fever. It's no different this year, with a slew of moon and dog coins launching that claim to make you money if you work together. I believe that most individuals never learn about crypto and think of it as a way to make quick money, instead relying on their luck, which I believe is completely incorrect and a fault in crypto investing.
I think those who are still here are people who are basically new to crypto and are just beginners who join the hype. not everyone who is here especially old people still see coins like that because indeed they have learned from mistakes a few years ago.
I myself am a fairly new person here and am still learning about everything in detail about something, but I know about 2017 where at that time almost 80% of iCOs were scams and this is certainly very detrimental and I always see from all parties about coins like this because this is just a coin that still prioritizes pump and dump which for me personally I will not enter into coins like this because I believe I will not benefit there

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