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Author Topic: what you worst experience on crypto  (Read 4051 times)
Rikotin
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August 11, 2021, 07:35:12 PM
 #281

my worst experience was buying the wrong token because the contract was different. so I want to buy DEFI tokens (BSC) and scamers have the exact same group as the original project group. even scamers are very smart to do that on the Dextool website. when the presale opened then I bought about 1.5 bnb. then I want to sell those tokens when they are listed on the initial exchange. but can't be sold because of different contract addresses. i realized that i got RUG and lost 1.5 bnb.
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August 11, 2021, 10:27:49 PM
 #282

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

Without reading the entire thread I'm going to assume most people are going to answer in the form of some type of scam they got caught up with.  This field is riddled with scammers and if you've been here long enough you've encountered a ton.  Just dealing with these scammers has been the worst experience, probably the unsolicited spam messages not only here but every other platform as well.  Gets annoying..

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August 11, 2021, 10:49:29 PM
 #283

My worst experience with cryptocurrency is that my cryptocurrency wallet was hacked several times. . But now I use hardware wallet so now I am facing hack Not happening.

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August 12, 2021, 08:05:44 PM
 #284

~
Curious to how this happened though, could you tell us more what exactly happened? $600 is obviously a lot and you know you should be careful to what you're about to click next.
Did you manage to get back though?
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August 17, 2021, 09:58:31 PM
 #285

My bad experience in this Cryptocurrency is losing assets in my personal wallet, it happened in early 2018.
Somehow the story suddenly all of my assets in the wallet disappeared, there was even one valuable coin from my old Bounty project  waiting for the coins to distributed. And when the coins are distributed all the coins are gone, it hurts so much.
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August 18, 2021, 12:39:03 AM
 #286

A very bad experience that made me a lifelong lesson in the crypto world was when my stupidity was the result of the Sitcamp coin bounty project, which I had participated in for a long time until I got the right to work from my own hard work, I was a holder in a market so suddenly suddenly my coin was lost without a trace so I made myself disappointed and sorry for my workA very bad experience that made me a lifelong lesson in the crypto world was when my stupidity was the result of the Sitcamp coin bounty project, which I had participated in for a long time until I got the right to work from my own hard work, I was a holder in a market so suddenly suddenly my coin was lost without a trace so I made myself disappointed and sorry for my work
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August 18, 2021, 12:45:29 AM
 #287

I totally forgot where I saved my 1000 BTC gotten during the early days of bitcoin.
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August 18, 2021, 03:15:08 AM
 #288

I am someone who has avoided scams and ponzis in cryptocurrency sector for the most part. But even in my case, there were a few incidents which I wish could have handled in a better way. Back in 2014 I invested in a lot of altcoins (I was new to cryptocurrency, and similar to a lot of the inexperienced users, I poured in a lot of my hard earned money in to shitcoins). And in 2015, many of these altcoins were either dead or dormant. But at the same time, there was an opportunity to invest in ETH, and I decided to ignore it.

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August 18, 2021, 05:07:32 AM
 #289

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.
Actually this is not a mistake but like a disease that is experienced by almost all crypto players. Greed and lack of self-control to take profit in the right position. People who are technically good sometimes still get stuck with TA that they make themselves even though they already know which area to take profit but they still want gets more
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August 18, 2021, 05:56:34 AM
 #290

My worst experience on crypto, back in the 2017 - 2018 where the market was bullish. I never sell all my cryptos when they were reach all time high because I thought that they will increase more but I'm planning to sell them once the price hit my desired price. Because of my greediness the market suddenly crashed and I still keep hold hoping to bounce back but nothings happen, the market still continue dumping then I decided to sell all my cryptos. I gained profit but unlike the days where I gained x10 so I regretted that I did not sell them at high price.

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August 18, 2021, 06:05:49 AM
 #291

Having my wallet ripped of about 2000$ in 2018 has been my worst experience in crypto. I was new to the game then with little knowledge on how it works. It all happened when I incautiously clicked a wrong MYETHERWALLET link. It was indeed a long story and a worst one and that made me stop crypto for 2 years.

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August 18, 2021, 06:40:34 AM
 #292

In the encryption world, it may be full of unlimited regrets.
I sold the second secondary coin, and the next second price will be twice. I will emotionally, I can't control my emotions.
Now I often miss some opportunities to invest in speculation coins. I would be so upset that I kept thinking about it, so much so that I would dream of similar things in my dreams at night.
In my dreams, I was looking at market trends. . .
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August 18, 2021, 06:47:50 AM
 #293

I used to invest in projects without careful research, just listening to other people's opinions. But I couldn’t understand how to cover all projects because I wasn’t afraid of losing potential income. But then I read a book “The richest man in Babylon '' where it was said that gold abandons those who invest it in overwhelming undertakings and in something that they don’t understand. So this experience I consider to be the worst.

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August 18, 2021, 08:26:16 AM
 #294

Back then in early 2017 when I started crypto, there are so much money flying here and then. You see airdrops which is more popular then than now that bounty has taken over and ambassadors. The first experience I had was selling a coin that later went up to $35,000 for just $6. The news we had about the coin was that it's was going to dump after distribution, all we all, including myself sold it cheap. That would have been my major breakthrough in crypto. And the second time is when I was scammed of $200 coin on telegram. Though the money is small but it was the one that pained me most, cause I needed that money at that particular time. I need to sold one of my gadgets to sort myself. I have always said this that experience is the best teacher, it will teach you what can never be taught in the four walls of classrooms. Be it the elementary, high school, college and even the tertiary institutions.

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August 18, 2021, 11:37:29 AM
 #295

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

This is why the crypto world cannot be forced if you do not have good knowledge, there are many ways to lose money here, whether intentional or not, this can be overcome if knowledge of crypto already exists in that person, I think this is a natural thing to happen to anyone.

Especially now that there are many projects that are fraudulent in nature without being able to analyze properly, almost everyone has experienced it, both in large and small amounts, but whatever we have experienced, it is not a reason to just stop.
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August 18, 2021, 12:09:07 PM
 #296

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 the same experience like yours but, the amount of loss that i experience was higher than you (about 1k$ lost, scammers)

Because i got scammed and lost so many (i got scammed TWICE, shame on me Cry ), my motivation to do cryptocurrency was down to the bottom. Luckily after that, i got some good bounty and airdrops that covers almost the total loss of my money.
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August 18, 2021, 01:21:02 PM
 #297


I Have the same experience like yours but, the amount of loss that i experience was higher than you (about 1k$ lost, scammers)

Because i got scammed and lost so many (i got scammed TWICE, shame on me Cry ), my motivation to do cryptocurrency was down to the bottom. Luckily after that, i got some good bounty and airdrops that covers almost the total loss of my money.

It's not usual for a person to continue after getting scam, most will stop and forget about the place in the process

on moving forward. But lucky for you since you did not give up and you pursue your chances to this industry, and

while in the process you did managed to earn it back and you learned after.
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August 18, 2021, 03:37:52 PM
 #298

I suggest that before throwing funds into crypto money, make sure you have done your research and really studied the crypto asset you are looking for. Not only to study the coin, but also to learn the technology that embodies the crypto asset. Learn about the prospects and how the technology that underpins the coin works.
Another thing that is also important to know is how many coins the asset is issued annually or in total. Then, how big is the market capitalization and daily trading volume. The more diligent you study, the less risk you will bear because you can mitigate as early as possible.

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August 18, 2021, 04:00:50 PM
 #299

Sometimes I have analyzed a project from several factors, analyzed the whitepaper, team, allocation of funds, the level of community support for a project and the market cap of a project. by the time the sale was over they reached the market cap and were successful, that's when the bear market just started, and because I was too enthusiastic about crypto, I decided to hold long term, and what I got, I lost almost 99% on the ICO purchase . I've come to the conclusion, maybe I'm too greedy and too FOMO. and it makes people suffer a very big loss.

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August 18, 2021, 05:30:28 PM
 #300

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. It's a very bad experience.

Not concern about Technical analysis.


so today I have massive experience so I know how to play the game. Let's share experiences to enrich newbies knowledge.

Cheers
I have the same experience this time I have 5 eths but I can not utilise it. another I my balance was cur token 500 when the price went $5 per cur token I have stock maybe price will increase after that, price dumped and it was my worst experience.
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