what you worst experience on crypto

[lexkiee28]

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 plenty of worst experiences in crypto space as being a trader and a bounty hunter. As being a trader I was caught into a trap of a p2p exchange that turns out me getting fraud. As a bounty hunter, I joined a bounty campaign that ask KYC using passport as verification processing identification but after that it turns out as a failing project and runaway all the hunters infos.

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[Masyudhi]

my worst experience was buying the wrong token because the contract was different so I wanted to buy ico tokens and the scamer sent me the smart contract link and bought the token from there then I asked the group why I couldn't sell my tokens they answered you didn't have our tokens so at that time I a loss of around $ 200 a bad start for a beginner.

it was a very sad experience. that's why I never joined the ICO and didn't trust some of the links sent by people on behalf of themselves as part of the project team.
When IEOs became popular, I liked them more than ICOs. although sometimes IEO investments can also trap us into scammers with their stupid projects.

[Himalayacoin007]

In all sense none of these Stablecoins is 100% safe proof but the one I will say still most trustworthy is DAI and I expect the demand to keep growing in this bull market, the problem with other Stablecoins is that they are centralised and can be default in paying you because they want to, for me you can't do that with DAI or there is no precedence so far and I hope it remain this way

[poldanmig]

Scams as well as hacking are my worst experiences in cryptocurrency. Until now, I have made it a lesson because it is very detrimental to me. losing money in cryptocurrency from scams is something that many people experience. whether it's the same as me or different. the absence of regulation and a freedom attract people to be able to benefit in a way that is not good. like committing fraud

[iTradeChips]

Well if you are going to ask me, the experience I had before during my first experiences in crypto has something to do with the bounties. I mean there are many incidents where the companies and the projects under these bounties are either not paying or not playing fair when it comes to paying their participants. Also there are projects wherein their coins does not have value on it and were merely shitcoins. You try to sell them but there were no exchanges available to sell them.

[ahmia39]

for now it is true as you say, most projects provide participants with maximum rewards and do not disappoint many participants.

Yes, because this year there are quite a lot of good projects that can be followed by everyone in this forum, so not many are disappointed even though there are still some who experience scams.

[trauchot]

Long time ago I very often was investing in various cryptocurrency projects that I almost did not study and because of this I lost a lot of money, it also happened that I sold various cryptocurrencies at the one prices and after a couple of days they began to grow very strongly, also in cryptocurrency trading very often I lost a lot of money and therefore now I not do cryptocurrency trading, I also now study each company completely several times before I invest in them.

[Golftech]

Scams as well as hacking are my worst experiences in cryptocurrency. Until now, I have made it a lesson because it is very detrimental to me.losing money in cryptocurrency from scams is something that many people experience. whether it's the same as me or different. the absence of regulation and a freedom attract people to be able to benefit in a way that is not good. like committing fraud

Two common concern when you are new to this market, most of the time scam really hurt you much!

investing or participating with projects that offers very attractive benefits, a big lesson to learn not '

to waste your time and your plan invested money. Work with your knowledge and try to understand

everything first before dealing with it.

[monineklutak]

for now it is true as you say, most projects provide participants with maximum rewards and do not disappoint many participants.

Yes, because this year there are quite a lot of good projects that can be followed by everyone in this forum, so not many are disappointed even though there are still some who experience scams.

Of course it is an exciting thing with many good projects,
but after all it cannot be denied that there are still many scam projects,
what is clear we need to be careful in choosing a project

[Mahdirakib]

My worst experience was losing a lot of bitcoins in 2017, I saw with my own head when a hacker moved all the assets I had in his personal wallet, at that time I tried to cancel the transaction but my efforts were in vain
There are many other bad experiences in crypto, especially in ICO

These things happens for our careless behaviour. Few years ago, I have lost a small part of my crypto portfolio after losing the recovery phrase of my wallet. After that I always stayed careful so that things like that never repeat. And we need to take decision wisely before choosing any ICO project.

[jostorres]

I see that at this point in time there are several projects that are indeed good for bounty participants to hunt down, although the results can be different, but if the token price can last for a long time, then the potential profit can be very commensurate with the time given by the hunters to the campaign.

That was true I would say until the recent crash of the market where almost every coin has lost its value and new projects will succumb under such pressure. The best time to work for altcoins bounties is when the market is dominating and moving up because then even the worst coins get enough attention and support from the market.

in cryptocurency there are so many scammers who commit fraud in various ways. We must be careful and our best to be able to protect the assets we have from being easily deceived. never give important data to anyone because it can harm us. because I once lost due to important data I gave to others who offered me an advantage.

Yeah, I would advice people to use different emails for wallets/exchanges and other sites because if you use your real email on one fake website they will send a lot of phishing emails and a lot of people won't but surely some of them will get scammed. I recently got a fake email that was impersonating blockchain.com wallet and asked me to reset my password. I am just too smart for these things but I was wondering how many people would actually fall for it.

[OZmaster]

The worst experience was suddenly disappearing exchanges. It happened all the time over the last few years. They claim to have been hacked but the worst thing about that is that you don't know whether it was an inside job or whether they really got hacked. Your money is gone anyway then.

[FarSeeR_H]

The worst thing in my exprience is selling off all the assets for the cheapest value... and i remember BTC price was at Cents and it was in front of me on the monitor and i was laghing reading all about it back then.

[lixer]

the first is to be hit by a scam. I am quite sure that almost all crypto users have been hit by a scam, whether from minimal funds to very large ones.

It's unfortunate to get scammed but actually getting scammed once was one of my most emotional moments in crypto. I will share my story quickly. This happened like a few years ago.

So I was messaged on telegram by an imposter that he will exchange my coins, at that time I needed some skrill as I used to bet at bet365 and they don't accept crypto. So this user messaged me from where as he got to know I needed skrill and I sent him BTC since it was only $30 or something I was looking for and I cannot imagine someone scamming 30 bucks until that time. This guy simply took my money and never replied, I messaged him a few times but I had an idea that he won't return so I just did it somewhere else. I didn't block him since I had no reason for that. A few weeks later this guy comes to me and told me that he had his college fees due and was short of a few dollars and hence scammed me. You might think it was a story to cover up his scam but he actually paid me all $30 in skrill slowly and that is one of the sweetest memory I ever have in crypto.

The worst memory and experience I ever had in crypto was when I invested in some ICOs and they never even got to exchanges while they promised a lot. I don't consider selling tokens for cheap a bad memory because it can go wrong either way and it's unfortunate but not a mistake to sell them cheap.

[mulia sabee]

My worst experience in the world of crypto is not much different from most of the members here, namely the wrong steps in making decisions, and panicking too quickly. The right decision is very important in a crypto investment, my mistake is too fast to buy and too hesitant to sell. , so I will consider this as a valuable experience that won't make me go wrong the second time around

[junkerr]

My worst experience in the world of crypto is not much different from most of the members here, namely the wrong steps in making decisions, and panicking too quickly. The right decision is very important in a crypto investment, my mistake is too fast to buy and too hesitant to sell. , so I will consider this as a valuable experience that won't make me go wrong the second time around

That's normal and I'm sure many members in this forum also experienced the same problem at the beginning of their investment. there may even be some who are still quick to panic until now.
if the capital from the free results I think there is no need to panic. but if the capital comes from our own money, it will certainly create a feeling of panic even though we can handle it.

[Farma]

Of course it is an exciting thing with many good projects,
but after all it cannot be denied that there are still many scam projects,
what is clear we need to be careful in choosing a project

I think scammers are the main cause of all this regret. it gets us a bad experience, but we become more careful because of it. however, in addition to scammers, selling assets too late is also a regret, or selling too soon. things like that sometimes give a bad experience.

[sapnu]

For me, my worst experience was when I sell off during the market of 2018. I forced myself to hold as long as I can but it occured too long that's why I tried to save myself from losing much more money but little did I know, a bull run would suddenly occur at 2020 and I regretted it a lot. Right now, even though I don't have much left, I still try to invest once again and I know it will be worth it soon regardless of the current status of the market. I will hold my investments because the only way bitcoin is going to soon is upward.

[distr@yopmail.com]

Of course it is an exciting thing with many good projects,
but after all it cannot be denied that there are still many scam projects,
what is clear we need to be careful in choosing a project

I think scammers are the main cause of all this regret. it gets us a bad experience, but we become more careful because of it. however, in addition to scammers, selling assets too late is also a regret, or selling too soon. things like that sometimes give a bad experience.

it was an unpleasant experience for all of us.
we cannot predict the right time to make a decision. because we still have hope of greater or better. such as greedy behavior when you see a rally in an asset is happening in the market. we will continue to hope that the value of the assets we have continues to increase until we forget to sell them.

[Pamadar]

For me, my worst experience was when I sell off during the market of 2018. I forced myself to hold as long as I can but it occured too long that's why I tried to save myself from losing much more money but little did I know, a bull run would suddenly occur at 2020 and I regretted it a lot. Right now, even though I don't have much left, I still try to invest once again and I know it will be worth it soon regardless of the current status of the market. I will hold my investments because the only way bitcoin is going to soon is upward.

Can't blame yourself as you did try holding but there's situation that change your mind.

Glad you still find your way to continue investing, experienced will teach you more to work with the market and try to enhance the strategy that you'll going to use, the best thing now is to assess and observe if what type of a trader you are. Best of luck to your new journey.