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Author Topic: what you worst experience on crypto.  (Read 318 times)
gabbie2010
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November 17, 2021, 01:59:49 PM
 #21

I think the only bad experience I had with crypto was when I was very greedy such that I didn't take profit after the price had moved toward my speculated price mark with some decent profits earned already, unfortunately  the price reversed and I ended up losing all the profit earned earlier and lost part of my portfolio it was a very sad experience, however I learnt my lesson and move on bearing in mind that more opportunities of such will come and utilize such opportunities but with diligence, patience and contentment of whatever profits earned.

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November 17, 2021, 02:20:01 PM
 #22

I have a worst-than-worst experience which is unrecoverable at all. If I can recall correctly in 2018 after dumping Bitcoin I bought two altcoins. One of them was delisted from the exchange from where I bought. So ultimately I lost a lot there. And another coin dump hard as well that hasn't recovered yet. My 1.5 Bitcoin become just $1K now. So I left them as it was rather than sold. This is a costly lesson for me, it's just not the worst.

The lesson and experience made me ZERO today rather than Hero. I can't forget that ever. During that time I didn't have much experience to choose a cryptocurrency hence selecting the worst coin.

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November 21, 2021, 05:30:12 PM
 #23

Here i am getting to examined most exceedingly bad cases. Since part of individuals receiving to Crypto space and a few getting more and a few finished up with nothing. back 2017 i have no encounter and modern so a few execution not got timely. My most noticeably awful involvement was Not exit at the proper time. there was a ICO it gave me 10X. (6500USD) but i did not exit at the proper time so it went for 400usd. I sent ETH to obscure escrow. 200$ misplaced. scammers Not mindful of USDT. Its a really terrible experience. Not concern approximately Specialized analysis.
So nowadays i have gigantic encounter so i know how to play the diversion. Lets share encounters so enhance newbies knowledge.
Cheers

Actually, I have never suffered from scammers as I try to be very careful and I investigate all documents and even smart-contracts. Nevertheless, I was a victim of hackers. The biggest loss of mine was about 100$. It was a yield farming platform and at first everything was OK.

I did research of its smart contract and docs, but then they launched V2 so they changed something and it was a vulnerability that was used by a hacker who printed millions of tokens to himself.

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November 21, 2021, 06:17:18 PM
 #24

Here i am getting to examined most exceedingly bad cases. Since part of individuals receiving to Crypto space and a few getting more and a few finished up with nothing. back 2017 i have no encounter and modern so a few execution not got timely. My most noticeably awful involvement was Not exit at the proper time. there was a ICO it gave me 10X. (6500USD) but i did not exit at the proper time so it went for 400usd. I sent ETH to obscure escrow. 200$ misplaced. scammers Not mindful of USDT. Its a really terrible experience. Not concern approximately Specialized analysis.
So nowadays i have gigantic encounter so i know how to play the diversion. Lets share encounters so enhance newbies knowledge.
Cheers

The worst experience I've ever had was losing a Private key, and this incident made me very sad and devastated because in my wallet there are several altcoins that have high prices and several other altcoins that have the potential to develop in the present. and this incident occurred when my PC died and could not be used anymore. while all my data is in the PC. this is my worst experience, so for now all crypto files I have stored in the mailbox.

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November 21, 2021, 06:52:42 PM
 #25

Many people in this market have bad memories. My luck was never good, but it was all because of my mistakes. I lost a lot of money because I traded at the wrong times and accidentally shared my wallet password. Sharing a wallet password was a complete idiocy, everyone should hide it carefully  Cheesy

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November 21, 2021, 07:47:21 PM
 #26

My worst experience is the fact that in 2014 I did not take seriously my friend's advice to start collecting and accumulating Bitcoins. I had every opportunity for this, but I did not take advantage of them.
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November 21, 2021, 08:09:44 PM
 #27

Many people in this market have bad memories. My luck was never good, but it was all because of my mistakes. I lost a lot of money because I traded at the wrong times and accidentally shared my wallet password. Sharing a wallet password was a complete idiocy, everyone should hide it carefully  Cheesy
Of course it is a very fatal mistake and you should not do that,
but it has happened and hopefully we can make this incident a lesson so as not to be careless and always be careful,
It's clear that not everyone has bad memories so don't worry
It depends on how you define "bad memories". The one who bought two Pizza with thousands of bitcoin may not consider this as a bad memory.
With the same logic, as you got a lesson from your mistake so we can not consider it as a bad memory.

My worst experience is the fact that in 2014 I did not take seriously my friend's advice to start collecting and accumulating Bitcoins. I had every opportunity for this, but I did not take advantage of them.
I almost had the same mistake when i was advised to be paid in bitcoin for a freelance work on photoshop but i refused because i didn't yet realize at that time that it's worth trying. Another bad memory was when i sold my savings in an alt with 60% benefit, that token got more than 500% ATH.

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November 21, 2021, 09:20:26 PM
 #28

To get scam and lose some money and this is an eye opener for me that reminds me to keep on learning and because of this I was able to understand cryptocurrency never to get scammed again. I don’t see losing money as a worst experience since its normal to lose money in trading and its unpredictable. Always learn from your mistakes and be better always.
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November 21, 2021, 09:22:54 PM
 #29

@op, I'm quite sad to hear about your loss. luckily I haven't had anything so bad since I've been in crypto, I often participate in ICOs but are very strict in choosing which new projects I want to invest in, besides that I have never been deceived or lost assets and private keys.

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November 21, 2021, 09:36:29 PM
 #30

The worst experience I've ever had was losing a Private key, and this incident made me very sad and devastated because in my wallet there are several altcoins that have high prices and several other altcoins that have the potential to develop in the present. and this incident occurred when my PC died and could not be used anymore. while all my data is in the PC. this is my worst experience, so for now all crypto files I have stored in the mailbox.
Imagine that as the most expensive learning experience of your life. There are thousands of people every year (probably millions) that studies in college and pay a lot of money, since they do not work they get a loan and then they are in debt forever. This is very true for USA, but I am sure there could be some other nations that have it as well, in my nation private schools have a last year chance for something like that, so it is sort of happens here as well.

This is why I believe that we should not be focusing on what we lost, but focus on what we learned and I am pretty sure many of those graduates with ton of debt never learned something as valuable as you learned by losing your private key.
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November 22, 2021, 04:07:59 AM
 #31

my worst experience on crypto are :

1. i sent 10 ethereum to wrong address which is worth $460k now
2. got scam by criptsy 1k dash and it is worth $300k now  Sad


and the most bad experience is when i sold my 250 ethlend at low price and now it will worth $1million

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November 22, 2021, 05:09:24 AM
 #32

i ever try to do fast trade with some exchanger. open many tab and knowing that different price is good to make salary. use all of my knowledge to surf that thing, deploy money on exchanger, than buy altcoin. calculate everything i need, and im sure if i will take 40% profit in that time. what i miss is, when i transfer from exchanger C to exchanger A, it take more than hour. and you know, i dont have my profit in that day.

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November 22, 2021, 07:38:09 AM
 #33

Frankly OP, I don't understand anything you just said except what is in the title. I can tell you that I lost a lot of money farming on Ethereum. I payed a crazy amount in gas fees and the farm collected profits from the governance tokens it automatically farmed and gave me useless FARM tokens. I didn't check but it appears that the supply of FARM tokens is infinite, so I was farming for nothing. I wasted a lot of time and money on that. From now on I don't use automated farming protocols, I only farm directly in places like Spookyswap, Pancakeswap, and Ref Finance.
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November 22, 2021, 08:04:52 AM
 #34

to be involved in the ICO project I haven't tried it like you have done, but the mistake I experienced while joining the crypto community was that I was too confident to keep the Altcoins I got from the Prize Project so that until now there is no longer available market for me to sell Tokens the. this is the worst experience i've had

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November 22, 2021, 08:14:22 AM
 #35

to be involved in the ICO project I haven't tried it like you have done, but the mistake I experienced while joining the crypto community was that I was too confident to keep the Altcoins I got from the Prize Project so that until now there is no longer available market for me to sell Tokens the. this is the worst experience i've had
Too bad you can't sell the altcoins you got and why do you really believe in keeping them at that time,
regardless of whether the experience is good or bad must have a lesson,
regret will always be there and I hope it will be replaced

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November 22, 2021, 06:11:47 PM
 #36

Almost everyone have had one or more experiences at first that was quite bad, and served as an eye-opener for them. I did have one really bad experience when I was still starting in the cryptocurrency world, and it taught me a lot and opened my eyes, and all I needed was that one experience to make wise up.

When I was a newbie I didn’t really get how the system works and I was still trying to understand cryptocurrency and how I would go about it, because I had no one to teach me, I just came across bitcoin on article online and I felt it was quite an interesting thing to be part of, so I did without the help of anyone there to guide me. I ended up being scammed once, and lost all the money I had invested at first while I was trying to sell my coins. That served as an eye-opener indeed, and I became really wise till date and never fell for any other scam.

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November 23, 2021, 04:30:53 AM
 #37

to be involved in the ICO project I haven't tried it like you have done, but the mistake I experienced while joining the crypto community was that I was too confident to keep the Altcoins I got from the Prize Project so that until now there is no longer available market for me to sell Tokens the. this is the worst experience i've had
Too bad you can't sell the altcoins you got and why do you really believe in keeping them at that time,
regardless of whether the experience is good or bad must have a lesson,
regret will always be there and I hope it will be replaced
As a beginner of course at that time I didn't know much about cryptocurrency and its development. with an incident like that will be a lesson for me personally and for others of course.

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November 23, 2021, 07:41:11 AM
 #38

My worst experience on Crypto is in trading. Once upon a time I got tokens and there value was 77$ I sold it. Today same quantity tokens value is 800$. And second time I got tokens from Airdrop there price was 30$ and I holded it after one day there price is 10$. Its my worst experience. I learned from this that never trade without research.

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November 23, 2021, 07:56:00 AM
 #39

I got a lot of experience in living life in the world of cryptocurrency. some of those experiences were bad experiences. some of the worst experiences I've had in the crypt world are

Scammer
It even exists today. so many scammers are trying to trap new users, or even old users. some of the things that happened to me were investing in ICO projects which ended up being a scam, and also some coins that became rug pulls. I'm pretty sure that some people have felt this way.

Phishing Site.
this is still part of the scammer. they even created a site that is very similar to the original site, so that I didn't notice it. this happened a few years ago. when I log into a phishing web from blockchain.info. about 0.15 btc i have lost there. Well, at that time the price of bitcoin was not as high as it is today.

Expensive fees
Well, this also made me think that in order to do one transaction, we need to pay a heavy price. this happened when I made one transaction on one of the DEX. well, the fee is very expensive, and it makes my calculation wrong about the profit I get.

well, I think there are still a lot of bad experiences I've had with crypto. however, until now, the profit I got is still pretty good. besides, it also made me learn to be wiser.

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November 23, 2021, 08:10:05 AM
 #40

Everyone must have had a bad experience in the world of cryptocurrencies. especially those who have spent money to buy some coins but ended up losing. My worst experience was almost the same as yours, I didn't let go of the tokens I held when the price skyrocketed and I ended up losing the opportunity to earn $6k. This is the worst experience, which I made a lesson in the future to be even better.

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