Biggest mistake in crypto?

[Morningstarr]

I haven't been in the market long enough to make any big mistakes, but I try to avoid them. Two mistakes I remember making were liquidating the account of twenty or twenty five dollars through futures trading. Second, when BTC was falling and the support was at $40,000, I bought about $20 worth of marlin pounds, but the good thing is that it was spot trading.

[DanWalker]

Everyone have their own mistake, but my biggest mistake is i was ignorant when bitcoin hit the bottom back then in 2018.
Now that seems like bitcoin is repeating the cycle, i should not ignore this and buy some bitcoin and other altcoins.

Do you really think that it's ignorant, I feel maybe you are kind of scared of losing that's why, a lot of people too are in such situations when bitcoin and other altcoins hit the bottom they failed to buy,. Well one of my biggest mistakes was not taking profit as at when due when I was trading degen back then in the last bull season. Hopefully when degen period arrives I hope I will not be able to make such mistakes again

Ignorance will lead to fear, if we do not fully understand bitcoin, do not have enough knowledge to be sure about the future of bitcoin, then when we hold it in our hands, we will have a feeling of fear and uncertainty. In 2018, many investors missed their chance with bitcoin at 3k and after what happened in 2021, people really started to trust bitcoin completely. They begin to understand that bitcoin's drop is part of the market and then bitcoin will bounce back and bounce to hit new ATHs.
They begin to realize that bitcoin falling is part of the market and after every drop bitcoin will bounce back and bounce back to hit a new ATH.

[evichi]

I participated in IDO of an altcoin Metakings, actually listed in Coinmarketcap. The tokens were locked as at the time of IDO and to be unlocked at a specified date. 50% of the tokens were to be unlocked. I actually targeted the date and time for the unlocking of the token. But at the said time, as i engaged Pancakeswap, I realized that the token has seriously dropped in value, and infarct, I was late. My timing was wrong. The unlocking took place just minutes before I commenced mine. Since then, the tokens have dropped drastically more than 100% drop in value.

[Kopetunto]

my biggest mistake in the cryptocurrency world is not selling altcoins at ATH price or in 2021,
I have $10000 in 2021 and now it's down to only $1000, this is what makes me frustrated and sad,
any suggestions for me?

[cute nmp]

My biggest mistake in cryptocurrency that i regret is holding onto some coins and not selling them at the right time when market was very bullish wish i have sold most of the coins and make huge profits at that time before they lose much of their value.

[abel1337]

my biggest mistake in the cryptocurrency world is not selling altcoins at ATH price or in 2021,
I have $10000 in 2021 and now it's down to only $1000, this is what makes me frustrated and sad,
any suggestions for me?

It's a common mistakes for everyone who experienced the euphoria stage of crypto. It's common for people to aim for more profit by not selling their holdings for an extended period of time. I'm sure that most of us here have experienced it and regretted it. Just take it as a lesson for yourself and know what to do on the next bull run whenever the altcoins you are holding got it's all time high again. I personally recommend on not selling it if you have trust on the altcoins you are holding, I have the mistake before on selling it a very low price with a 80% loss and regretted it because most of the tokens I sold on a loss experienced a new all time high. Evaluate your altcoins if it can survive the harsh bear market. If you have the confidence to hold it, Hold it till the next market cycle arrive.

[Dollar_Hunter]

My biggest mistake in cryptocurrency that i regret is holding onto some coins and not selling them at the right time when market was very bullish wish i have sold most of the coins and make huge profits at that time before they lose much of their value.

I also experienced that, and all of them seemed to experience the same thing or the same mistake,
I read in this thread and many regretted it, even though the Bitcoin price was going down it was normal,
because the correction to reach new ath again, if ath previously at $66k, then $100k will be reached. so don't regret it, keep Holding!

[Tony116]

When I first started trading in the cryptocurrency markets. I had no profit target. It was seen that I would not sell even at 2x - 3x profit. Later, it was necessary to sell at a loss. Actually, There is no value of anything if we don't use that.

I just kept my bounty tokens without using it. Those are days when the price of the bounty tokens were in good position to trade against the value of bitcoin. Now things have changed completely and those tokens doesn't have value and are delisted from Exchanges. If I've understood about the market earlier I could've made some good fortune out of the bounties.

This is also one of the mistakes I made. With my ignorance back then, I put my faith and hope that I would get rich with the tokens from the bounty, so I held the majority of the tokens and did not sell them, until the market crashed and everything went downhill quickly and looking at them now, regret not selling them then. It was a shitcoin lesson that I will never forget, sell it as soon as it is profitable and not a long term investment with shitcoins.

[serjent05]

my biggest mistake in the cryptocurrency world is not selling altcoins at ATH price or in 2021,
I have $10000 in 2021 and now it's down to only $1000, this is what makes me frustrated and sad,
any suggestions for me?

Don't get greedy.  Sell if you see a clear profit in hand.  Or to have a better organization of your investment, set a selling price and sell them when the market hits your target selling price.  Always be updated and if you see that the price of your holdings will crash and yet you are still in profit, short your trade and if it allows you, buy at the bottom to regain your coins.  That way, you had your coins back and with some profits in hand.

[strunberg]

When I first started trading in the cryptocurrency markets. I had no profit target. It was seen that I would not sell even at 2x - 3x profit. Later, it was necessary to sell at a loss. Actually, There is no value of anything if we don't use that.

at early trade, maybe we will get loss for a  while and take its as important experience. make it as common thing that happen to all traders. To growth our account balance , take profits was necessary in each trade. Never regret when we close our position price still continue climbing , remember there are alot opportunity in market everyday and as long as we patience and not greedy , we will able to growth our balance.

[cryptobadshah]

Investing in digital currency requires a thorough understanding of the trading market A better understanding of the market gives you more leverage when making an investment You must learn to read price charts in order to discover where you might make investments that have the potential to be profitable. Make the effort to become familiar with price charts so that you can make wise investing decisions.
Investing in cryptocurrencies can be a great way to generate money but you want to be sure that you minimise the risk of making a mistake.

[Yawa2020]

What have been your biggest blunders so far when it comes to cryptocurrency? We all know that how much volatile the industry is. And the things that made you regret your decision? Can you share your thoughts, guys?

My biggest blunder so far in this industry was during Luna crash. I woke up from a nap after my morning exercise and I decided to check market status just to see the drastic crash of Luna. Unfortunately, without a second thought I used out of my school fees to purchase Luna worth $50. I didn't bother to check again until in the night while I was about to sleep and surprisingly the price crashed more, then I realized I had made a biggest blunder but what happened again seems like I was possessed and lost my conscience because I used additional $100 from the rest of the school fees to purchase more hoping to recover when market shows a little relief. The rest is history. It was an unfortunate and unforgettable experience that left me in regrettable situation till this day. But glory be to God, I didn't drop out of school.

[Afraordsworth]

What have been your biggest blunders so far when it comes to cryptocurrency? We all know that how much volatile the industry is. And the things that made you regret your decision? Can you share your thoughts, guys?

Many mistakes are made by people in crypto, especially regarding investment, for example it is not right in choosing coins to invest in, there are even some people who invest not meeting knowledge standards, so coins that have reached ATH or at high prices are not released, until finally the price of the coin fell at a low price, this error was caused by a lack of knowledge

Obviously, mistakes can never be avoided. It is undeniable that mistakes will point us to a relatively correct path. We will accumulate a lot of experience in the lessons, which will become knowledge and make us more secure in investing.

[taynguyenspirit]

i joined a bounty in 2018 and sold all my HUM for $400, 1 year later it reached $700.000. Cry

[Winamilla]

The biggest mistake must be to panic into a cryptocurrency bear market, sell it, and then regret it when its price is high. In fact, bear markets are the best time to hoard cryptocurrencies. At all times, we should stand firm and not be influenced by public opinion.

[GelatikKembar]

we will find it difficult to avoid mistakes when in the world of cryptocurrencies, be it trading,
looking for airdrops or even becoming bounties, and the most frequent is when trading,
my biggest mistake, when holding altcoins when it is ATH

[wheelz1200]

What have been your biggest blunders so far when it comes to cryptocurrency? We all know that how much volatile the industry is. And the things that made you regret your decision? Can you share your thoughts, guys?

Not continually buying in.  Cost averaging all the way through wouod have served me best.  I stopped buying in times where I shoukd have been piling in.  Buying high and sometimes selling low.  That is the biggest blunder.  That and the D3 bitmain miners.  Uhg.

[Oilacris]

What have been your biggest blunders so far when it comes to cryptocurrency? We all know that how much volatile the industry is. And the things that made you regret your decision? Can you share your thoughts, guys?

Not continually buying in.  Cost averaging all the way through wouod have served me best.  I stopped buying in times where I shoukd have been piling in.  Buying high and sometimes selling low.  That is the biggest blunder.  That and the D3 bitmain miners.  Uhg.

Most of us do really share up with the same mistakes which it cant really be avoided sometimes not to think about it and its really a regretful one even though we do our best on accumulating as much as

we could nowadays but it wont really be the same into those days where you could really earn and accumulate easily because its cheap not the same as of today that it would be hard due because its
expensive or not cheap anymore but somewhat its really need for us to move on and continue because its never been too late on achieving that we had missed in the past.
The market do give always that opportunity and thats why we should really be that wise and watchful for those opportunity.

[boty]

The biggest mistake must be to panic into a cryptocurrency bear market, sell it, and then regret it when its price is high. In fact, bear markets are the best time to hoard cryptocurrencies. At all times, we should stand firm and not be influenced by public opinion.

not all traders or investors realize in bear market we still earn money by accumulating potential coins for long term purpose. Alot of use panic when facing bear market, looks like cryptocurrency will die soon when bitcoin price deeply crashing. I am agree we must stand based on our own research, dont tempted by any influencers because most of them only took their own advantages.

[bonyaserg]

My biggest mistake in cryptocurrencies is that I did not believe in cryptocurrencies and did not attach much importance to them. If I had invested in cryptocurrency at the beginning of the creation of the crypto industry. It would be a big success. And this is my biggest mistake, which gnaws at me to this day.