Biggest mistake in crypto?

[Kasabus]

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 regret so far was not buying bitcoin while its price dips into $3k. I may have owned a lot of bitcoin at the moment if i did take the risk that time. But still, i make sure i was not stucked with that regret, as i always take every opportunity that comes, and buys in every dip. What could be more regretful is that you keep on missing chances when you already know that its worth to buy, and yet you never take the risk and chances.

[Vaculin]

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 guess everyone can relate, not buying when the price is very cheap. Just like when ETH was it's lowest in early 2018 or 2019, just below 100$ and me thinks that it is still expensive. And then we have a good bull run and it reaches a new all time high of almost $5k in 2021. That's crazy profit right there if I have invested a lot of money on ETH. But it is what it is, just have to learn from it and move on. And then wait for the next big opportunity in this bear market to fill our wallets with cheap alt coins again.

Not only in ethereum, but also in bitcoin too. Who could have thought that bitcoin turns very expensive these days that only a big whale can afford to buy a whole bitcoin. I guess everyone here has our own mistakes and regrets, but there's no late in crypto. We can still regain those we have lost in the previous years, just be patient and trust the process.

[Finestream]

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 jumping on the 'hype' early. I know this is what the market craves, but I'm very slow on it, if I have to be at least one early big and then get out before it goes down, I could have made a lot of money already.

And just like the rest, not buying during the last bearish market because they are very cheap. And now that we are again in this cycle, although the price is not that cheap as compare to 4 years ago, I wouldn't like to make the same mistakes so I will buy solid altcoin projects.

You know, riding on the hype and take advantage on it while its here is somewhat exciting yet risky and scary at the same time. The reason why only few take the risk and majority just play safe and never invest in hyped coins. But for me, i also wish i was able to buy on that hyped coins and sell them before the hype ends. There may be huge profits that is waiting for me. And that made me realized to sometimes take the risk and earn profits than to play safe and get scared, and never make profits at all.

[JeffBrad12]

I never make a big mistake caused by i were doing everything carefully. This means if when i was doing a small mistake and i will not try to do that. I know that people have been making various mistake and can't we just try to learn from there? Mostly of people will always be falled into the FOMO and they are forgetting if they have been buying their assets at the peak price. I think that anyone has ever made various mistake. I just try to care with my self for not to make any blunders.

[MiF]

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?

Well my biggest mistake is that i am not a type of person that can really hold when the market drops drastically i am easily become depressed and discourage, and now i see that it was a big mistake because if i hold i maybe earn a lot just like what happened to bitcoin holder i am sure that the investors who buy btc on dip in year 2018 and hold it till year 2021 when btc reach 60k$ ATH i cant imagine the profit they can get, so for now before we decide we need to think twice.

[bounceback]

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 would say the biggest regret I have this year with crypto is that buying Luna coins at such a high price was certainly the saddest thing for me while in the crypto space because after the Luna coin prices dropped, I had to lose a huge amount of money and with this incident will certainly be a lesson for us especially for me that not all coins that have high popularity can survive in the long term except Bitcoin and some other potential altcoins.

[Kunnu]

I am sure nobody is left in crypto industry who didn't make mistakes I also did some mistakes in the past but I don't regret on those mistakes all the time because I know that ship has sailed so it's better to move on with positive thinking and try to not repeat those kind of mistakes again we must always remember that with positive thinking and strong mentality we can achieve massive success remembering the mistakes which you have done in the past only leaves negative impact on your mind so it's better to avoid to remember the mistakes.

[m2017]

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 would say the biggest regret I have this year with crypto is that buying Luna coins at such a high price was certainly the saddest thing for me while in the crypto space because after the Luna coin prices dropped, I had to lose a huge amount of money and with this incident will certainly be a lesson for us especially for me that not all coins that have high popularity can survive in the long term except Bitcoin and some other potential altcoins.

There is nothing new in your history. Millions of new investors go through this negative shitcoin investing experience. Each time events are repeated only with the difference that the name of the cryptocurrency changes. You are not the first and you are not the last. It seems that this is an infinitely closed cycle. There will always be newcomers who want to get rich as soon as possible, investing in hype projects with the subsequent loss of their money. And those reasonable people who have received this invaluable experience will not commit these erroneous actions in the future.

[hashrateproducts]

I am sure nobody is left in crypto industry who didn't make mistakes I also did some mistakes in the past but I don't regret on those mistakes all the time because I know that ship has sailed so it's better to move on with positive thinking and try to not repeat those kind of mistakes again we must always remember that with positive thinking and strong mentality we can achieve massive success remembering the mistakes which you have done in the past only leaves negative impact on your mind so it's better to avoid to remember the mistakes.

Mistakes are inevitable in the Crypto space, even those experts and whales sometimes makes mistakes by bagging shitcoins which the projects failed. I had been in the space for a duration of 2years. I must say, the space needs critical thinking before going or purchasing a coin. One of my biggest mistakes in Crypto was when I bagged Shiba. I bought it when it has already hits its ATH price and immediately I bought it. The way this Shiba Inu fall, I nearly got a heartbreak because I use half of portfolio to bagged it. That mistakes keeps reminding me not to hop into any coin that already made a bullish run up.

[$anounimus$]

Cryptocurrency is a new thing that everyone wants to learn. It is quite difficult to avoid the volatility of cryptocurrencies. Everyone has made the first, second, and maybe even repeated mistakes in investing in the crypto world, especially if you are an investor or a fan who is too following the latest news and happenings in the crypto world which are not necessarily true and the most common is stuck at the high buy price and cut loss at the low price when the market correction occurs.

[bittick]

I never rarely made a mistake. I think that my mistake was a common mistake that has ever made by so many people. I didn't take my unrealized profit. I lose all of it. This time i can still earn small amounts of profit. I remember when i didn't take a half of million dollar. This maybe my biggest muistake in my life. Im too greedy and i was not even taking the best opportunity. This time it was going down to the around 30k. That's very sad to see that

[BlackBaron]

I would say the biggest regret I have this year with crypto is that buying Luna coins at such a high price was certainly the saddest thing for me while in the crypto space because after the Luna coin prices dropped, I had to lose a huge amount of money and with this incident will certainly be a lesson for us especially for me that not all coins that have high popularity can survive in the long term except Bitcoin and some other potential altcoins.

We learned from bitter experience that the top altcoin position does not guarantee the safety of the investment value, Luna coin was included in the shitcoin after the crash almost to dust because the loss value was 99% of the previous price of $ 100. I'm sure in the future the same thing will happen to other altcoins so be careful about investing in altcoins and better choose investing in Bitcoin.

[traderethereum]

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 haven't thought about the biggest mistake I've made in cryptocurrencies, and I'm trying not to do it again.
Maybe I regret it but it's no use if we just stay silent and don't try to turn that mistake into a lesson and try to do better than before.
So if you've made a mistake regarding cryptocurrencies, you should notice it right away and try to change so it doesn't drag on.
I think that's what we can do to bounce back and be better than before.

[bitzizzix]

I only regretted a few times when selling for just a small profit, and it happened a few times when I was new and involved with the industry and still had some concerns about crypto.
and what's more regrettable is that when I sold only a small profit in a few days, the coin went higher and that made me regret it.
but all of that became a valuable lesson and I also studied everything well so as not to repeat it because I really wanted to get a satisfying profit and it was proven, because patience and not panic are important things for satisfactory results.

[asriloni]

Selling at the bottom price, not take the profit when it was getting a hard pump. Anyone has ever experienced the same mistake like me. Im regretting my mistake right now. I think that people have learned from their past experience but i do believe it's not only me. So many members in here have been experiencing the same thing. We can see how many people here are writing almost similar experience. That proves that if volatility was the main problem.

[0verseer]

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?

Going future trade without fully understanding stop loss and liquidation's risk management so losing one grand. Pretty stupid, I know but I'm treating future trade as a gamble hence going into it without any expectation or know-how. Nope, not even trade on a test account. I should've known better even treating it as a gamble.

[ilovealtcoins]

Definitely hesitant of realizing the tremendous profit thinking that it could go higher, I think most of us also regret missing out the right timing for our market moves and get swallowed by the greed.
I mean just imagine missing the chance of becoming rich that are right in front of your eyes just because you want to get more richer and alas the market moves against your market decision and as a result you are losing instead, so ridiculous but happened in many of the veteran traders and holders' investment and asset management.

Do you mean greed?, I'm pretty sure everyone goes through that at some point in their life. actually greed is the biggest enemy we face in this market.
Just because we wanted a little more profit, we could have lost a big profit. Even if you are a veteran investor, the goal is still to make more money, so it is difficult to avoid. This is a common mistake we all make.

[Natalim]

The wrong thing that I've done in crypto and I consider this as my biggest mistake is when I bought shitcoins. I was thinking before that "if I bought cheap coins like them, I could make a huge profit". However, it was too unfortunate that even checking my wallet during the last halving and Bullrun, I'd never see it pump nor did I have the chance to sell them for they are not already yet listed to any exchanges.

The lesson I get is not to buy cheap coins anymore, they are already been disposed of that is why they are very cheap.
We have rather choose those pricey coins as we can assure for a profit and market potential.

[yazher]

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 still remember what my biggest regret but I have already moved on with that. It was the time when I sold my coins at an early stage before the listing and I thought I got a good amount of money but after 2 months, they listed it in Binance and it was a slap in my face. the price multiplied up to 20x and I could buy a house and lot if I was just patient at that time but what can I do? it's all over and I still remember it now though more than 4 years have passed.

[mdzahed134]

The biggest mistake in cryptocurrency is to invest Luna coins.I invested in buying Luna coins at very high prices. But this coin turned out to be a scam and I became very poor.This is why I say that the cryptocurrency invested in Luna Coin was my biggest mistake.

Very sad, not only you i think huge number of investors hold LUNA coin even they bought at too high price. I see a user hold LUNA worth 1 million USD now it turn on 200$-300$. LUNA was big project and top coin, so who know that it will go SCAM  in a few days. I also invested at LUNA but at low price but i lost small amount.