Bitcoin Forum
April 26, 2024, 12:33:20 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 »  All
  Print  
Author Topic: what you worst experience on crypto  (Read 4045 times)
tabas
Hero Member
*****
Offline Offline

Activity: 2982
Merit: 734


Top Crypto Casino


View Profile
April 02, 2021, 11:22:00 PM
 #21

I don't know if this is the worst but one of my mistakes that I've done and the same as the others when they've held a lot of bitcoins and sold it at a cheap price.
Everyone can relate with that experience and too bad I have to sell during the bear market because I ran out of cash by that time. That's why as much as possible, keep on stacking sats.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
"Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
nicecrypto
Member
**
Offline Offline

Activity: 1260
Merit: 21


View Profile WWW
April 03, 2021, 05:37:10 AM
 #22

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 believe every thing you listed can happen to a Newbie in cryptocurrency trading and this exact things happened to me back in the same year  Grin No Joke when I just came into crypto trading around July when the Bulls was just picking off and all my trades where profitable and dint know at the time that there was going to be a Bear market and that I should take my profits at the high.
I believe it was later Back in 2018 I lost $500 to a project (TRAW) I will call Scam cos the Dev after collecting monies from investors eventually abandon project. Most times newbies make all this mistakes but not now anymore for me though.
ivankoh
Full Member
***
Offline Offline

Activity: 1428
Merit: 120


Sugars.zone | DatingFi - Earn for Posting


View Profile
April 03, 2021, 05:55:24 AM
 #23

1. Buy high, sell low and underestimate the real situation. 
2. Keep bad quality and worthless coins and sell money of lasting value.  That is the most ironic and unfortunate thing that I have come to realize after a long time.  In fact, these damaging mistakes were partly due to being unable to bear the mentality myself and it was a real regrettable loss.

sadewa69
Full Member
***
Offline Offline

Activity: 700
Merit: 100



View Profile
April 03, 2021, 06:24:28 AM
 #24

1. Buy high, sell low and underestimate the real situation. 
2. Keep bad quality and worthless coins and sell money of lasting value.  That is the most ironic and unfortunate thing that I have come to realize after a long time.  In fact, these damaging mistakes were partly due to being unable to bear the mentality myself and it was a real regrettable loss.
many traders also make mistakes like you. I also sold some of my assets at a lower price than my purchase price when I ended up needing money and making a withdrawal.
I have benefited from BTT but I am sorry for AOA. this is indeed bad and there must be regrets.

Matimtim
Full Member
***
Offline Offline

Activity: 868
Merit: 108



View Profile
April 03, 2021, 07:10:21 AM
 #25

I was remembered when I started exploring this forum, way back 2017 when I start joining bounties and trying other way to earn crypto currency, but unfortunately because of excitement and nervous in applying to bounty campaign I accidentally paste my private key instead of my eth address then, I can't erase the record after i noticed that made mistake; and that my worst experience in the crypto currency because of that I lost more or less 20k Usd because of ignorance and lack of patience.

Because of those things I decided to be more careful because what will happen tomorrow if depends on what we are doing now.

dhemasm
Full Member
***
Offline Offline

Activity: 1829
Merit: 134


Moderator


View Profile
April 03, 2021, 07:14:20 AM
 #26

The Worst Experience ever that happens to me on crypto was Hacked Ethereum Address, I lost 5 ETH + 400 Uniswap from my personal address and it was around $3000 when it was hacked. You can see more details here; https://bitcointalk.org/index.php?topic=5221759.msg53734483#msg53734483

Not sure if that was malware or anything but here an advice from me, Never expose your private key anywhere, Save your Private key on Paper or user hardware wallet. Never install any shady apps or anything, Another one was buying Shitcoin and trapped on Pump & Dump Scheme (Yobit) Always do deep research on every project that you want to invest or trade, Stay Safe!
traderethereum
Hero Member
*****
Offline Offline

Activity: 2856
Merit: 574


View Profile WWW
April 03, 2021, 08:33:55 AM
 #27

1. Buy high, sell low and underestimate the real situation. 
2. Keep bad quality and worthless coins and sell money of lasting value.  That is the most ironic and unfortunate thing that I have come to realize after a long time.  In fact, these damaging mistakes were partly due to being unable to bear the mentality myself and it was a real regrettable loss.
I have that experience in the past because I do not have many skills in analyzing.
I still think that I need to learn more about trading, and I think I can analyze the coin even if that does not have 70% get the high peak if the price increases.
Buying the wrong coin will be the worst experience on crypto that I already had until now because I lack analyzing the coin, but that does not make me stop to analyze because I am sure that I need more learn and more practice in analyzing the coin.
GrosWesh
Legendary
*
Offline Offline

Activity: 2254
Merit: 1424



View Profile
April 03, 2021, 09:19:33 AM
 #28

One of my worst experiences was sending 2 eth to fomo on a new project without taking the time to read everything that was written.

So I sent 2 eth ($ 250 each at the time) from binance to the given address. And AFTER I read the little lines  Grin . It was clearly explained that it was important not to deposit funds from an exchange in which case the funds would be lost forever (because not identifiable and traceable to you).

Rip Smiley
(o)(o)ilikeboobs(o)(o)
Full Member
***
Offline Offline

Activity: 826
Merit: 105


View Profile
April 03, 2021, 10:09:53 AM
 #29

The worst experiences in the crypto space are endless. I will list a few.
1. First, transaction fees on Ethereum are too high and not suitable for everyone. It's like Ethereum was created for the rich to use them.
2. Fraud in P2P transactions. There have been many scams happening, FIAT depositors falsified deposit invoices with photoshop, some used dirty money to transact, some merchants refused to unlock the cryptocurrency they sold to others in a transaction. In a way, the P2P market is getting worse.
3. Value manipulation with scam IDO projects, ICOs has decreased but still exists and harms the community.
4. Elon Musk is making Dogecoin-related tweets and that is costing many derivatives market participants a lot of money.
Kabul
Sr. Member
****
Offline Offline

Activity: 619
Merit: 250



View Profile
April 03, 2021, 10:30:08 AM
 #30

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.
Everybody got scammed for at least 1 time. I have never seen anyone who do not lose their money to the other when they first joined the cryptocurrency world. And you are correct, those experience make us better and improve our sense. We are more aware of danger and cyber thieves.

They always say: what does not kill us make us stronger





        ▄▄█████████▄▄
     ▄███▀▀       ▀▀███▄
   ▄██▀               ▀██▄
  ██▀ ▄▄             ▄▄ ▀██
 ██▀  ▐██████▄ ▄██████▌  ▀██
██▀    ██  ███ ███  ██    ▀██
██      █▄ ▐██ ██▌ ▄█      ██
██▄      ▀ ▐██ ██▌ ▀      ▄██
 ██▄        ██ ██        ▄██
  ██▄        ███        ▄██
   ▀██▄              ▄██▀
     ▀███▄▄       ▄▄███▀
        ▀▀█████████▀▀
.
▄▄▄▄▄▄▄▄▄▄      ██                                         
██████████  ▄▄  ██▄▄▄▄▄▄  ▄▄  ▄▄▄▄▄▄▄▄  ▄▄▄▄▄▄▄▄▄  ██▄     
██          ██  ████████  ██  ████████  █████████  ████▄   
██          ██  ██        ██     ▄▄██▀  ██   ▄██▀  ██ ▀██▄ 
██          ██  ██        ██  ▄██▀▀     ██▄██▀▀    ██   ▀██▄
██████████  ██  ████████  ██  ████████  █████████  ██     ██
▀▀▀▀▀▀▀▀▀▀  ▀▀  ▀▀▀▀▀▀▀▀  ▀▀  ▀▀▀▀▀▀▀▀  ▀▀▀▀▀▀▀▀▀  ▀▀     ▀▀

Finance




           ▄█▄    ▄▄▄▄▄▄███████
         ▄█████▄   ▀███████████
 █▄    ▄█████████    ██████████
 ███▄▄█████████▀   ▄██████████▌
 ████████████▀   ▄████████████
▐██████████▀   ▄█████████▀ ▀██
▐█████████▄   █████████▀     ▀
████████████▄  ▀█████▀
███████▀▀▀▀▀     ▀█▀







electronicash
Legendary
*
Offline Offline

Activity: 3066
Merit: 1049


Eloncoin.org - Mars, here we come!


View Profile WWW
April 03, 2021, 10:33:37 AM
 #31

My worst experience on crypto was on year 2017 when i was newbie  and bought a scam token. I did'nt buy on ICO stage but i buy the token after it was listed on exchange. I saw the price was dropping and in my mind this is the best time to buy. Yes i bought the token because of hype and didnt do any research thinking the price will go up after few weeks or months but what happened is the price did'nt rise and did'nt give me chance to sell my token until now and the token was dead.

many of us did that because we thought there is a chance of the price to bounce up again. sadly the volatility sets in and then gradually the team turned scam. 2017 is the ICO craze. some of the tokens actually that went up that time are still alive today but some end up dead already. nobody even tried to file a case against them for they use fake profiles. holding a token is the worse that I've done.  









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
.
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
.
 ElonCoin.org 
.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"
▬▬▬▬▬
ecnalubma
Sr. Member
****
Offline Offline

Activity: 1526
Merit: 420


View Profile
April 03, 2021, 10:38:37 AM
 #32

My worst experience in crypto is I trusted too many projects way back then promising it could go to moon in few years most of those projects were dead now. Another one is I sold LEND very cheap I could already be a millionaire now. But its okey sometimes we need to experience these things to become better investors.
Farma
Legendary
*
Offline Offline

Activity: 2520
Merit: 1001


Leading Crypto Sports Betting & Casino Platform


View Profile
April 03, 2021, 11:37:35 AM
 #33

There are two things that made me have a bad experience in the cryptocurrency world. the first was when I got a scam. well, this almost seems to be owned by cryptocurrency users. another thing is, selling assets at the wrong time. the point is, I sold all the assets that I had held for years, but after selling them, the price went up considerably. well, it's like a nightmare.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
cryptoaddictchie
Legendary
*
Online Online

Activity: 2058
Merit: 1315



View Profile
April 03, 2021, 11:45:04 AM
 #34

Those are greed experience mate. Your not supposed to lose the value if you sell already during ICO. Well speaking for myself, I had some also, but not gonna blame you cause majority have these kind of mistakes before. But of course that was few years so definitely something must change and improve with regards to encounter like now. I do hope you already learn that hard lesson and reflect from it.

2017 indeed is a different era from now and hopefully you did change now.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
CAPT.DEADPOOL
Full Member
***
Offline Offline

Activity: 854
Merit: 102


PHORE


View Profile
April 03, 2021, 12:05:30 PM
 #35

My worst experience is selling altcoins with potential so I can sell early because the admin wasn't active and there weren't very good updates on their project but that was a lesson to me and I didn't become a strong holder of my altcoins so I should be patient and also don't be greedy especially in investing.

Cappex
Member
**
Offline Offline

Activity: 571
Merit: 11


View Profile
April 03, 2021, 12:36:08 PM
 #36

i got scammed by cloud mining sites promising huge earnings in Dogecoin and then turned out to be ponzi schemes.
that was my first lesson, before making any decisions do your research and if something is too good to be true it simply isn't.
larus
Jr. Member
*
Offline Offline

Activity: 236
Merit: 1


View Profile
April 03, 2021, 12:56:13 PM
 #37

My worst experience was buying extra eth to transfer all my tokens from my wallet
SacriFries11
Sr. Member
****
Offline Offline

Activity: 882
Merit: 253



View Profile
April 03, 2021, 01:14:34 PM
 #38

I don't know if someone have same experienced with pancakeswap. I'm brought have of my asset at pancakeswap with CBIX then I tried liquidity pool so that I can stake my CBIX. After a hour of staking, I cancelled it, then suddenly I could not get back my total CBIX.
I just experienced what they called impermanent loss in pancakeswap and from that moment I started not to used pancakeswap again.
Many people tried to help me but at the end they are all scammers.

BYBIT reddit                  █▀▀▄▄▄█▀█
            ▄▄▄▄▄█▄▄▄▄  ▀▀▀
    ▄▄▄ ▄▀▀▀          ▀▀▀▄ ▄▄▄
  ▄▀  ▄▀    ▄▄      ▄▄    ▀▄  ▀▄
  ▀▄ █     ████    ████     █ ▄▀
    █       ▀▀      ▀▀       █
     █     ▀▄▄▄▄▄▄▄▄▄▄▀     █
▄▄▄▄  ▀▄                  ▄▀
█▄▄█▀▀████▀█▀▀██▀█▀█▀▀██▀█▀▀▀███▄
████ ▀▄██▀▄█ ▀ █▄▀ █ ▀ █ ██ █████
████ █ █ ███ ▀▄█▀▀▄█ ▀▄█ ██ █████
▀███████████████████████████
█▀▀█
           ▀▄        ▄▀  ▀▀▀▀▀▀▀


.
SPOTS & DERIVATIVES
TRADING
.
24/7 CUSTOMER
SUPPORT


.
LAUNCHPAD /
LAUNCHPOOL
.
NFT
MARKETPLACE

 
▄█████████████▄
█████████████
█▄███████████
█████████████
████████████████▄
█████▀████▀ ▀ ▀████▄
██████████ ▀▀▀▄████
███████████ ███ ████
██████████▄ ▄ ▄████▀
█████████████████▀
█████████████
██████████▄██
▀█████████████▀
.
.

MOBILE APP
FOR IPHONE
& ANDROID
█▀▀▀▀











█▄▄▄▄
.
MOST RELIABLE
TRADING PLATFORM

GLOBAL // 2020
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
                                             █
                       ▄▄▄▄▀▀▄▄              █
        ▄▄▄▄▄███▀▀▀▀▀▀▀▀ ▀▀▀▀▄ ▀▀▄▄          █
   ▄▀▀█▀▀▀▄▄ ▄ ▄▀▀▀    ▄▀ ▀ ▀  ▀▄▄ ▀▄        █
  ▀▄ ▐▌▄████████▄▄ ▄ ▄  ▄██▄█▄▀██▄█▄ █       █
    ▀▀████████████████▄█▄▄██▄▀███████▄█      █
     ▄▀████████▄▀█▀▀▀▀▀▀▀███▀▀▄▀██▀▄████     █
   ▄██▀▀    ▀▀▀▀███▄     ▐█ ▄▄█▀█████████▄   █
  ▄█▌              ▀██   █▄▀▀▀ ▐▄██▀▀▀ ▀▀▄▀  █
  ▀▀                      ▀▀    ▀            █
                                             █
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█
isaac_clarke22
Sr. Member
****
Offline Offline

Activity: 1596
Merit: 264


View Profile
April 03, 2021, 02:08:43 PM
 #39

Well if almost got baited in phishing sites would count, my experience was that I joined an airdrop randomly without expecting any email reply from the airdrop I joined.
The next day, I received an email that claims to be part of the project and it wants me to collect the tokens in their site. The site claims that they're in partnership with MyEtherWallet because that's the wallet I used back in the days.
At that point, I smell something fishy already so I closed it and cleared my browser like everything. The thread went dead the other day.
That was my one and only worst crypto experience so far.

I wouldn't count the 2018 crash of Bitcoin because that was an opportunity for me to buy more.

Sorry for the loss by the way, OP.
bandungan
Full Member
***
Offline Offline

Activity: 798
Merit: 100


View Profile
April 03, 2021, 02:12:53 PM
 #40

from all your statements it seems that you can make it as an experience, I still want to hear from you how you can lose $ 200 from a scammer. because of that there must be one reason that I don't think is good.
right now I think experience in losses can provide a good option for getting bigger profits.
Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!