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Author Topic: what you worst experience on crypto  (Read 4054 times)
Twinkledoe
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August 01, 2021, 09:49:38 AM
 #241

I believe my worst experience here was when I invested in an ICO project last 2018. They credited the token in my account - but it was under their site. I should have withdrawn the tokens and sell it once they hit in my account. But hoping that I will get profit later, I didn't sell it up until cryptopia exit the game, as it was the only exchange my token was listed with. And later on, the site itself was abandoned and gone. Good thing, it is not big amount of money, but it was my lesson about ICO projects.
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August 01, 2021, 10:09:49 AM
 #242

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
As long as I'm active in crypto, I've been lucky because I've never had an experience like the one you describe. Because I have friends who are always there when I need crypto related activities. So, in your post, I have no experience that I can share. As many people have told me, be careful in the crypto space, because it's our mistakes that suffer the consequences.

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August 01, 2021, 11:24:39 AM
 #243

my worst experience in crypto has always been trading, when it is bought the price will go down and when it is sold it will go up drastically, that's the trading cycle in my opinion, so I will learn to hold tokens until I won't lose anymore
Do a little research on some of the past crypto investments that people have made. That way, you can learn from them. These tips are sure to help too.

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August 01, 2021, 11:59:55 AM
 #244

all bitcointalk users must have felt and experienced bad experiences such as not being paid by the bounty manager or by the altcoin development team even though these altcoins got sales up to hardcap. however they ignore the bounty campaign participants. so for now I only participate in bounty campaigns managed by bounty managers who have a good reputation and have a large following

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August 01, 2021, 12:31:36 PM
 #245

I also had a bad experience in my journey to be in this Cryptocurrency scope, Around 2018 I lost my Asset which I kept in a personal wallet. I am very sad, but I know that lost assets can never be returned. 
It all started when I entered a Crypto exchange where to login I had to link the Wallet and the exchange, and that could be done using a Private Key. 
Really it was a bad experience for me.

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August 01, 2021, 01:07:41 PM
 #246

In 2018 I traded on the Nauticus Exchange and I thought at that time the exchange platform would be the best exchange, but bad thing happened to me and other investors, the team said there was a security issue happening on the platform and they locked all the coins on the exchange, some investors and traders couldn't withdraw funds them and no solution to date  Roll Eyes

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August 01, 2021, 01:13:36 PM
 #247

BCNEX scam project is the worst for me. there was a $200 loss when I sent my money to trade on the scam exchange.
getting the results of the bounty and indeed paying makes me sure to put money in the trade. because at that time the hype was going on and I thought it would benefit the situation.









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tabas
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August 01, 2021, 05:43:28 PM
 #248

I was one of the first to buy AXS on binance for about 10-12 cents. But I sold 7000 AXS tokens a week after the purchase Cheesy
Is it real? that's a lot of AXS that you've sold and you should've earned $200k+ if you've sold at the top, if it's real.
Therefore, now I am delving deeper into the study of fundamental projects and their technologies, such as Near Protocol, I took this token for a long time
It seems that you're into that project as it's the content of most of your post.

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August 01, 2021, 07:19:50 PM
 #249

all bitcointalk users must have felt and experienced bad experiences such as not being paid by the bounty manager or by the altcoin development team even though these altcoins got sales up to hardcap.

I think your " worst experience " is still within okay because you actually lose nothing only your time and your effort. compared to get stolen or scammed you're stil fine. but I understand that because it happens very often in crypto. what more hurts is when you put your money into that asset and the asset just becomes a display on the internet without having any value. especially with big capital.
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August 02, 2021, 06:48:24 AM
 #250

It happened two days ago that the project I staked my assets in was hacked. Someone created millions of this project’s tokens and this way it was devalued. I lost more than 100$, but I was ready for it, so I am not very upset about this. Nevertheless devs promise compensation, I don’t really believe that we will get something. So now I think that it is too dangerous to invest in new defi-projects. Now I stake only in pancakeswap.

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August 02, 2021, 07:08:55 AM
 #251

I will share not my worst experience, but the mistake I do quite often.

When making a transaction in metamask, from time to time, I forget to click on MAX button when selecting the amount to be send. I just select transaction fee, click next and only then realize that I've stupidly spend money sending 0 tokens. With this rush, I think I've already lost about several hundred dollars on transaction fees...

R


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August 02, 2021, 07:52:33 AM
 #252

I have been following a project and have been following this project, but this coin is not a value coin, it is a meme coin, a coin that relies on people to pull people out. Fortunately, I withdrew before the coin went public. Because I don't invest in these coins, I usually invest in some valuable altcoins or bitcoins. Otherwise I will lose part of my money.
This is actually not a bad experience, it's just a waste of time. Did not lose money.
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August 02, 2021, 09:50:54 AM
 #253

I used to remember that my friend sold BTC at a lower price in 2018. It was a painful and sad experience ever. If they are still holding BTC till now, they will become millionaires.
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August 02, 2021, 09:51:41 AM
 #254

It happened two days ago that the project I staked my assets in was hacked. Someone created millions of this project’s tokens and this way it was devalued. I lost more than 100$, but I was ready for it, so I am not very upset about this. Nevertheless devs promise compensation, I don’t really believe that we will get something. So now I think that it is too dangerous to invest in new defi-projects. Now I stake only in pancakeswap.

Learning things the dard way, very useful since you already have first hand experienced and it will give you instinct

everytime that you'll going to invest, the feeling of doing good research and investigating the team behind and what

really the purpose of the project, some of those key factors that you learned when making mistake after investing to

the wrong project.
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August 02, 2021, 10:02:41 AM
 #255

My worst experience in crypto was, that I bought 1000 ETH for around $0.3 back in 2014/2015 and almost completely sold it for $2.1 Cheesy
I thought at the time, the price has increased sevenfold, it can not go further up. Well, as we know today, I was way off the mark. With today's prices, you can no longer imagine that, but back then it was really like that.
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August 03, 2021, 05:33:16 PM
 #256

My worst experience is forgot my private key and json file and stupid me i don't back up my important file in email. But after this case, i becoming be more carefull about all of my investment stuff.
it give us great lesson why every document from cryptocurrency market have to back up in safe place and not in single place,we must store it in several place.

Its true experience teaches us many lessons. In the starting, we all make many mistakes because of a lack of experience. I also started Crypto in the year 2017 I also had several coins that rises beyond my expectations but I hold it and expecting more profit but things happen opposite to my expectations. Due to greed, I lost huge money of my profit that I can book If I exit at the right time but this is what I said the experience I gain that will help me in the future to decide when to exit.
experiences in crypto market really need expensive cost, loss in trading or due our mistake didn't back up private key be commoin mistake at that moment . But now when we have more knowledge this mistake should not repeated.

Saving a lot of document places that we have is also a risk in my opinion, because someone easily accessing the devices we have will have fatal consequences for the documents we have. even friends sometimes steal it. be careful with saving documents for bitcointalk and trading purposes

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August 03, 2021, 06:44:55 PM
 #257

Saving a lot of document places that we have is also a risk in my opinion, because someone easily accessing the devices we have will have fatal consequences for the documents we have. even friends sometimes steal it. be careful with saving documents for bitcointalk and trading purposes
Worries about storing important documents on your device because they could be stolen by friends or virus software without you knowing is installed automatically when you visit unrecommended sites. Maybe for a simple solution, you can save the file in .rar extension with password security installed and hide the .rar file in a folder that is rarely known to others.
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August 03, 2021, 06:54:39 PM
 #258

I have a most worst experience over trading or holding my cryptos, it’s may 2020, i was got some handsome amount of cryptocurrency it’s was jrt and unfortunately i was sold it only for 0.01$ per tokens and unfortunately my bad luck after 1 month it’s was rise like a giant and value was per coin after 1 month my sold tokens values rise about 30x 0.30$ per tokens!
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August 03, 2021, 07:13:25 PM
 #259

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
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August 06, 2021, 11:30:57 AM
 #260

I have a great story. My brother was farming and stealing Cake coins even when they first appeared. As a result, he sent them to his friend, but in the clipboard he had a wallet of another network and thus he sent the coins to who knows where, which led to their destruction. What is most surprising is the amount that my brother lost, it was equal to $ 40,000. Agree for a guy at the age of 22, this would be just a wonderful financial pillow.


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