Biggest mistake in crypto?

[mulia sabee]

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?

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.

[len01]

my biggest mistake in cryptocurrency was selling BTC and ETH before the price actually hit ATH.
like in 2014 i bought some BTC and in 2015 i also bought some ETH and in 2017 i thought the price had reached ATH i sold everything.
but apparently i was wrong in last year the price of bitcoin and ethereum reached the highest price point in history and last year also i did not buy some coins to hold. so i missed to celebrate the highest price in history

[coinerer]

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?

A common regret always happening in the investors mind after investing in cryptocurrency particularly when he sells an asset, the price of that asset increases several times. Again, when he buys, the price starts to drop. However, I have a history of making the biggest mistakes of my life. I held on one of my assets after a 100x increase and decided to hold it for life but my big mistake was that coin was a sit coin.

[samuraijin]

My one of the biggest mistake in crypto was to invest on Luna coin. Then Luna dumped very hard and I have lost a big amount from my investment. That's why we shouldn't invest all
funds in a coin.

Sometimes it's someone's lust that makes us put all the money in an investment that without us realizing it has a big risk.  sometimes we go awry if we don't put our money into some coins, for example the luna coin you mean, there are two choices between losing or gaining profit, we don't know that the decline at that time, because of panic, or indeed the luna coin is not worth it  for long term investment.

[Dan8888]

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[Cryptornd]

Biggest mistakes in crypto are

 *investing in projects which was not understood well
 *investing large portion of money in to low cap coins and meme coins
 *keep low cap coins and tokens as a large portion of the portfolio
 * not to have a portfolio
 * falling love with coins and tokens
 * influenced by twitter crypto influencers who get paid to promote hype currencies



these are few of my experiences.  comment your ideas. thank you. these information may help you.

[Oneandpure]

my biggest mistake in cryptocurrency was selling BTC and ETH before the price actually hit ATH.
like in 2014 i bought some BTC and in 2015 i also bought some ETH and in 2017 i thought the price had reached ATH i sold everything.
but apparently i was wrong in last year the price of bitcoin and ethereum reached the highest price point in history and last year also i did not buy some coins to hold. so i missed to celebrate the highest price in history

I have several bigger mistake in cryptocurrency and looks can't forget because all my mistake could make me become richest person right now, ever I hold 1 bitcoin and have about 30 eth around last three  years ago. I have strong hand by holding Ethereum still lower price under $200 until several years later, but when Ethereum reach higher price above $500 I sell all but few months later Ethereum make new all time high price above $3,000. Another bigger mistake by early cut loss when investing with Doge coin, I bought under $0,1 but after price keep dropping I loss almost 30% for cut loss before new all time high made by Doge coin after promoting and tweet by Elon Musk.

[batang_bitcoin]

Biggest mistakes in crypto are
 *investing large portion of money in to low cap coins and meme coins
 * influenced by twitter crypto influencers who get paid to promote hype currencies

IMHO, these two factors are usually what I can see from the others. They're heavily influenced by those popular people in the crypto scene and they're trusting them even more.
Also, the popularity of meme coins has got a lot of many to be attached because they thought that it's the best and easiest way to win this market and become rich from it.
That's all because of lack of knowledge and understanding in the market for which they think that this market is just a way to make bucks too easy.

[pgbit]

One of the biggest mistakes in crypto is buying top gainers. Often people buy top gainers which is a huge mistake.If the price falls after entering such a crypto, then it may take a long time to go back there.Whenever a coin is listed on an exchange, many people try to buy it, thinking that it will increase by 200% or 500% immediately after it is listed.  And then get stuck forever.The third mistake is the biggest mistake that 98% of people make. It is to take the opinion of others as your own.Do your own study that the one you are buying is not at a high price. The person telling you can make a mistake.

[landheer]

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?

Everyone has their own regrets of not selling when its high and not holding when its still low and vice versa. These are examples of the mistakes we usually did in the past but its not like we can always get the actual or perfect timing to sell or hold isnt it? Sometimes a good pump arrived on the least we expect it.

Yes, that's true and I've also experienced situations like that before, but with experiences like that I made a valuable lesson, so that in the future I will be better, and be careful. but in the world of trading, of course, it is not strange that almost all of them have experienced failure in trading.

[KennyR]

Missing opportunities to mark the profit is the biggest mistake. This will change with time, but the mistake I made at some point keeps on chasing me. Because if I haven't made the mistake by then, I could've been leading my life without much of financial pressure. Hope once again we'll get such an opportunity. With cryptocurrency opportunity missed is missed forever, when it is made over specific altcoins.

[kryptocanon]

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?

I regret selling Doge in the middle of 2020 after the Bitcoin Halving, even though at the end of the year the price went up. then some other coins like MVL, DIA and Ferrum, all increased by more than 10x, from the situation I was in, patience is the key to investing, don't panic and keep trading according to technical analysis or do long term Holding and sell it when the market really bullish

Also, I could remember myself selling my 8000 DOGE for 32$ briefly before Elon's influential tweet that made the same units once owned went up high to over 4k dollars. Had I known I would have kept my DOGE safe for a little more time.

[kojektea]

if in holding coins or tokens there are many things I regret. but to sum it up my biggest regret is when i think that the crypto industry is just flat or they have a long run. precisely because of that I only spent the salary I got from the airdrop for shopping. if it is collected I should get tens of times more than what I get.

[Moshi Moshi]

My biggest mistake in the cryptocurrency world was only 1,
which was not buying Binance Coin when it was at $20, and that really pissed me off,
even though I once got 10 Binances and sold them at $20, of course this was a bad experience for me.

[Smitty Werben Man Jensen]

if in holding coins or tokens there are many things I regret. but to sum it up my biggest regret is when i think that the crypto industry is just flat or they have a long run. precisely because of that I only spent the salary I got from the airdrop for shopping. if it is collected I should get tens of times more than what I get.

Everyone must have regrets and that is normal and most importantly as long as they learn from these mistakes I think it needs to be appreciated,
related to the salary or the results we get from the airdrop, it can actually be played again to make a profit,
which obviously dissolves in regret will not result in anything

[Cuda911]

1. I've lost money to crypto hackers, its fault that I tried to sell a token I got for free in my wallet.
2. I venture into futures trading on binnace exchange without taking some tests with demo trading first, I used real money and lost up to 500$ this year already, now I am starting to understand how trading works but I learnt the hard way.

[Kadal Ijo]

When I see the development of cryptocurrencies right now, of course I regret a lot, if I can hold until now at least 50% then I can retire from my job and may have more than $ 1 million, many assets are currently skyrocketing like ETH, BNB, Doge, Waves and so on.

[Bhig Daddy]

In terms of cryptocurrencies, my biggest error is holding onto my assets despite having made a healthy profit. I have worked on a variety of initiatives and purchased and invested in a large number of coins from which I have previously made a sizable profit but have not yet sold. The market is currently dumping a lot. All the coins I currently own have caused me to lose a lot of money. That is why I claim that not selling anything on the rise of cryptocurrencies was my biggest error.

[len01]

my biggest mistake in cryptocurrency was selling BTC and ETH before the price actually hit ATH.
like in 2014 i bought some BTC and in 2015 i also bought some ETH and in 2017 i thought the price had reached ATH i sold everything.
but apparently i was wrong in last year the price of bitcoin and ethereum reached the highest price point in history and last year also i did not buy some coins to hold. so i missed to celebrate the highest price in history

I have several bigger mistake in cryptocurrency and looks can't forget because all my mistake could make me become richest person right now, ever I hold 1 bitcoin and have about 30 eth around last three  years ago. I have strong hand by holding Ethereum still lower price under $200 until several years later, but when Ethereum reach higher price above $500 I sell all but few months later Ethereum make new all time high price above $3,000. Another bigger mistake by early cut loss when investing with Doge coin, I bought under $0,1 but after price keep dropping I loss almost 30% for cut loss before new all time high made by Doge coin after promoting and tweet by Elon Musk.

but from all the big mistakes in crypto in the past we can learn and understand that when investing long term in some of the top coins like bitcoin and ethereum should be more patient and more careful before selling them before we regret later on.
actually it's not a loss when we buy ethereum at a price of $ 200 and sell it at a price of $ 3000 it's already a big profit even though in the coming year it will cost more than $ 3000.
so actually we are just not right to sell the coins we hold and make us regret it.
and from now on i always buy some top coins and i collect them i will not sell before the price reaches what i have targeted, even though i have to wait 10 years i will still hold it for a satisfactory profit.

[merekamo]

The first mistake I made was not doing my research before investing in cryptocurrencies. Even though I bought BNB in ​​2019 when it was high first, then sold it when it was low.

However, the cryptocurrency industry is completely different from what I am used to, and has a lot more risk and uncertainty involved than traditional investing.