Biggest mistake in crypto?

[rahmad2nd]

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?

We've all made blunders that were fatal.  You have to know that this is part of the risk in the crypto industry, be it in trading or investing in ICOs, profit or loss is a common thing especially when there are a lot of junk altcoins.  That's why you also have to know that it's not easy to get a profit, especially if you don't have experience and knowledge

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[blockman]

Mistakes can occur with newbie or who are already professional, cryptocurrencies are always difficult to guess, what is happening with the market today we certainly never imagine, even when in early June I was still optimistic that the market would rise and not drop as it is today.

And another mistake on the make if someone has been waiting for this moment and didn't buy anything. This is all about the wait that you're longing for but didn't do anything.
It's time to buy if you want to buy but if you think that there will be a lower price for that crypto you want to purchase, you can wait if you want to but I advise DCA and that will give you a better position instead.

[serjent05]

What have been your biggest blunders so far when it comes to cryptocurrency?

Thinking way back when I don't trust stablecoins that much, I was holding a  $140,000 worth of tokens, I am stubborn to not convert them to stablecoin during the start of the bear market.  As a result, I lost 95% of that token value and was forced to sell them at a loss due to some emergencies.  Or I could have sell it for BTC instead of stablecoins.

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, I have learned my lesson, though I am a hodler myself, there will be a time that we will be forced to sell our holdings due to urgent needs.  If we are holding other coins other than Bitcoin, we should convert them to stablecoin at the start of the bear market, or at a sign of market decline to preserve the value of our token then just buy back when the market starts its recovery.  Converting it to Bitcoin is also one of the better options.

[Rasa nanas]

I think the biggest mistakes of crypto investors are only two, namely selling too fast and holding too long. I often experience these two problems and I'm sure all investors have experienced this problem and regretted it in the end. in the crypto world anything can happen, selling or holding can make you regret it.

[Sir Legend]

The mistake that I often experience is buying when the market is rising and selling when the market is red, like what happened a few days ago when the price of ethereum was around $1300 and I sold all the ETH in my wallet, when I bought ETH it was around $1700, although it looks like I'm avoiding a bigger loss than the current price but I think this is a mistake.

[pantek talacuik]

Mistakes can occur with newbie or who are already professional, cryptocurrencies are always difficult to guess, what is happening with the market today we certainly never imagine, even when in early June I was still optimistic that the market would rise and not drop as it is today.

The same filing with you that sees there will be an increase in prices this month but in fact the unexpected. But i see there will be a good price at the end of this year and you better have a not to be missed way with it.

[AnonBitCoiner]

Very biggest mistake that k did not sell coin at all time High and was holding.  Now I recommend
Buy crypto
Make your profit
Wait for another crash
Keep repeating it

Not your key not your crypto!
Profit booking is key
You want to hold your crypto 80% down to say you have diamond hands

All we want is to make money and get the profit out of crypto back into fiat

[dlightag]

My greatest mistake I made in cryptocurrency investment is to invest on ponzi scheme with 10ETH, on 2019 when Ethereum was $110 that came out total of 1k dollar plus, which i totally lost the money, without me knowing that 10ETH is a big investment already, that worthy over 45k and that is my biggest mistake in crypto.

[GowithMi_GMAT]

The biggest mistake was when I couldn't access my portfolio stored in my mobile wallet and didn't have a copy of the prasha code. another mistake when I was late selling coins when the price rose 5x from the initial capital. which reminds me to occasionally monitor the portfolio that I have invested in so as not to miss the moment to sell.

[SyndicateLabs]

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?

When it comes to mistakes, I think it's a lot of things, but I've never regretted them, as it gives me opportunities to reflect and correct them. If I could go back, I wouldn't want to invest much in altcoins but just focus on BTC being the biggest asset in this market that I own, and now I've been doing that for a while and probably won't let the distractions get in the way of the plans I'm building in this market.

[pantek talacuik]

My biggest mistake in crypto is to buy ETM token from BitGlobal exchange. Even after buying the $9 ETM token at $1, I had to lose a lot of money. Because it's been 1 year since the price was fixed at $0.018 and I sold all my tokens at $0.018.

One of the trials experienced by the millions of people who invest, I also feel the same about the price which we think will grow even more in the next few years but disappoints everyone.

[|MINER|]

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 mistake is not to learn from the mistakes. Even then, when it comes to advising everyone, this will comes to first. But in game of trading we can't control our emotions and take a trade in hurry and this is the biggest mistake from my side .

[saint_casanova]

Didn't buy ETH when it was at low as $100 back in the 2018 crash. It isn't because I didn't have enough money, I have a couple grands lying but stupid enough to use it in renting Nicehash's hash power to mine some shitcoin. Lesson learned, put your money in top altcoin when the market is in the bear mode, not anything else!

[Delightcrypto1]

I have made a lot mistake I regretted and I even did one today. This mistake was as a result of inpatients. I invest in a coin 40$ when d coin was at 0.00098$ and have 31k+ of it but when it goes to 0.0019 I didn't sell I was waiting for it to go beyond that until it fell to 0.0004$.
I also invested in ETH when it was 2300$ waiting for it to climb up to 2800$ but trust me I lost till it get to 1200$. All this mistake was due to greed.

[blockman]

I think it is time for those who have said that they've never bought during the dip a few years ago. Now, that time is crucial and the prices of the majority of the cryptos in the market have been dropping. It's now your time and chance to buy it if you want to because you'll never know when the market will recover or if you're about to wait for a lower price then it's going to be your part of monitoring it. But just as saying, those that have made a mistake of not buying when it was low, the market welcomes you.

[TheClownSong]

I think it is time for those who have said that they've never bought during the dip a few years ago. Now, that time is crucial and the prices of the majority of the cryptos in the market have been dropping. It's now your time and chance to buy it if you want to because you'll never know when the market will recover or if you're about to wait for a lower price then it's going to be your part of monitoring it. But just as saying, those that have made a mistake of not buying when it was low, the market welcomes you.

golden opportunity now come to investors who courage to buy cryptocurrency, we are in monthly low now and possibility to bounce bigger than drop again. recently bitcoin touch around $17500 and bounce to 18600, it is good reaction on support and possibility to bull bigger. alot people want to buy in dip and its the time for us.

[n0ne]

I had a good portfolio with a big number of cryptocurrencies in the list. Among them few are very good in the market, which in specific are bitcoin, ethereum, dogecoin and BNB. It was during the year 2019, and for unwanted reason I spend everything. Finally when things reached the peak it was like what the hell. Because, if I say the reason on which I spend the money everyone will find it really bad.

[jeha2015]

I think it is time for those who have said that they've never bought during the dip a few years ago. Now, that time is crucial and the prices of the majority of the cryptos in the market have been dropping. It's now your time and chance to buy it if you want to because you'll never know when the market will recover or if you're about to wait for a lower price then it's going to be your part of monitoring it. But just as saying, those that have made a mistake of not buying when it was low, the market welcomes you.

maybe current  price was best opportunity to fill our bag with potential altcoin , or atleast with major cap such as eth or bnb. alot people complaining price was too high in few weeks ago and affraid to buy , and today market give us chance that maybe will over soon while bitcoin hard bounce.

[fosco333]

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.

[Jaered]

Selling some airdrops and bounty rewards early still remain my worst mistakes, especially after I see them pump crazy immediately after a sale. But then nobody can predict the next moments, is there? So I put it down to hindsight