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Author Topic: Biggest mistake in crypto?  (Read 1611 times)
Stable090
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September 10, 2022, 10:13:23 PM
 #221

My greatest mistake is selling most of my coins before 2021 bull run I invested small amount in 2020 and all the coin I bought dump I was not having money with me to sustain myself any longer, I just have to sell most of my coins so that I can have money that I will be using to feed few weeks after I sell them if you see the way bitcoin started pumping, I was really in pain but I know another chance will come.

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gabbie2010
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September 10, 2022, 10:22:55 PM
 #222

everyone must have experienced this. what i regret is only late selling bitcoins but it doesn't have to be too much thought i was just a beginner at that time the asset went up 5x in the bitcoins i invested. but when the market was negative I was so relaxed even though it was time to save assets, in the end I didn't get the maximum money.
My own biggest mistake was I sold all my bitcoin before the ATH of 2017 it was indeed a big disappoinment to me, I sold my bitcoin cheaply when I suppose to be hodling it thinking the price will dump after reading all sort of news of clambdown of exchanges by the Chinese government then and the Chinese were one of the highest hodlers of bitcoin all those negative news culminated to my selling of all my bitcoin in the pre 2017 era almost all the major cryptocurrencies were very cheap ETH, BNB e.t.c, well it's a sad experience I have to move on afterall it is irreversible and learnt my lesson to always hodl my irrespective of negative news relating to bitcoin.

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September 10, 2022, 10:26:45 PM
 #223

the biggest mistakes made by me in the world of crypto? not having bought bitcoin in 2009 and etherium in 2018 at very low prices compared to the current ones

It seems that you are not the only one who regrets not buying Bitcoin and Ethereum in the first place when they were so cheap. But indeed
who would have thought Bitcoin and Ethereum could be as big as they are now, rather than living in regret. We better learn from our mistakes,
which is because we already know that Bitcoin and Ethereum have a bright future. So we shouldn't waste the opportunity to collect as much Bitcoin
and Ethereum as possible right now. Indeed, if we compare the current Bitcoin and Ethereum prices compared to 2018, Bitcoin and Ethereum prices
are now very expensive. But we have to remember in the future the price of Bitcoin and Ethereum will be much more expensive than the current price.
So buying Bitcoin and Ethereum at current prices will allow us to generate huge profits in the future.

people will feel sorry if they find out later, and that's not a mistake. because no one really knows what will happen in the future, not even everyone knows it. who would have thought the bitcoin and ethereum project would go this far, of course we can't blame time. After all, if we invest now, maybe in the future we will be able to assume that the current price is very cheap, but is there no worry to buy, just like in the past Smiley

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September 10, 2022, 11:39:43 PM
 #224

I've made two dumb mistakes in the bull run and I swear it's not going to happen anymore, at least, not me not taking enough profits that would make me want go regret again. Couple thousands of dollars, now more like me back to trenches.

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September 10, 2022, 11:44:34 PM
 #225

I had negative thoughts about Defi's. Borrowing is still no different from leveraged trading, but if we ever succeed in converting our real-life assets into collateral on the blockchain, borrowing could take on a whole new dimension. We must not miss the world of tomorrow from today. As we realize our mistakes, we gain new perspectives. The important thing is to learn from our mistakes and not repeat them.

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September 11, 2022, 02:31:47 AM
 #226

My biggest mistake in the past when I was new to crypto was that I couldn't control my greed. So in the beginning at that time I got a big advantage . but because of me my mistake at that time to take more profit by putting all my money in one basket (all in). and not long ago it turned out that the project I was in to invest in turned out to be a scam project. and the token price goes rugpull, liquidity is taken away by the dev.

so my first mistake was
- too greedy
- put money in one basket (all in)
- hasty in making decisions
- enter into a new project without analyzing the fundamentals and utility and use case of the project.
- too speculative.
- unable to maintain emotional or psychological control.
- do not understand market analysis, fundamental analysis, and other basic analysis that must be mastered by beginners before entering the crypto world.

that's my mistake in the past. and I have learned from my mistakes. so at this time I rarely experience losses. because it is better for us to linger to analyze than to enter without analysis. Careful preparation is needed in all things. to avoid and minimize the risks to be taken. and maintaining psychological health and psychological management in trading in crypto is very, very necessary.

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September 12, 2022, 01:29:05 PM
 #227

Depending on social media watching many users often makes misapplications and become main reason of disaster of income. Initially  i invest complete cash in non familiar coin and if intervals goes on then i saw one day that it become dead and it was my big fault from that i realized that putting money in same coin is the faulty decision.

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September 12, 2022, 06:31:25 PM
 #228

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 of us who are in this forum may have almost the same mistakes, both in taking the attitude to release our coins and in terms of investment. some time ago my mistake was not to release the shiba inu meme Coin existed while the price was still high, and this can only see a bad estimate in my wallet.

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September 12, 2022, 07:10:31 PM
 #229

Like many of us. Not taking profits when it's on it's peak and keep holding it until the value goes down. I've been on the same thing over and over again from the past bull runs and I learned my lesson pretty hard but still do the same last bull run. This is the biggest mistake that I make every time, I did all the lessons I've been through in crypto market but I don't know why I can't dodge this mistake. For the next bull market, I'll make sure to set up take profit positions on my coins. I guess I'm too overconfident with myself and too trustful with the market.

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September 12, 2022, 07:23:50 PM
 #230

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?
Should I blame myself or am I unlucky? I received 44 NVRK tokens in a bounty campaign; at the time, the price was 0.5 per token; it was on the Etherium blockchain, so transaction fees were very high; I now kept the coin u until one day I woke up to check my wallet and found out the coin was worth $113; I was very happy and then loomed for gass fee to swap immediately; but after two days, I check the coin and see it is worth $230. I could have waited a little longer, but I was oblivious and swapped it. That has been my worst experience thus far.
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September 17, 2022, 06:44:23 PM
 #231

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 lot of people regret their decisions on buying or selling transactions. maybe there are some who buy altcoins too late so that in some time the price of altcoins goes up high. and vice versa, people sell altcoins too late so their assets are getting lower and lower. but for me the worst decision is when I ignore a good project offered by my friend and finally I choose a bad project because I see it from the trending side. so I suffered a high loss .. and this will be an important lesson for me in the future.

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September 17, 2022, 07:35:26 PM
 #232

Without hesitation ,my biggest mistake remains not filling my bag with bnb back in 2018.I had the opportunity to buy up 1000 bnb at $10 or so. Instead I bought some stupid tokens then. I , think it was EOS or something. Now look at both coins now and see if you cannot but call me a big fat fool. But I take it as a life lesson and I have moved on since then
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September 17, 2022, 08:26:02 PM
 #233

My own biggest mistake was I sold all my bitcoin before the ATH of 2017 it was indeed a big disappoinment to me, I sold my bitcoin cheaply when I suppose to be hodling it thinking the price will dump after reading all sort of news of clambdown of exchanges by the Chinese government then and the Chinese were one of the highest hodlers of bitcoin all those negative news culminated to my selling of all my bitcoin in the pre 2017 era almost all the major cryptocurrencies were very cheap ETH, BNB e.t.c, well it's a sad experience I have to move on afterall it is irreversible and learnt my lesson to always hodl my irrespective of negative news relating to bitcoin.
You sold all? That's really a disappointing moment because we don't know that by 2017, the price of bitcoin will soar a lot and it wasn't expected.
Those were also the time that came next that ETH and BNB were totally cheap but I didn't bought them, too many missed opportunities but still holding btc somehow, no matter what the market situation is. I'll keep holding it and will wait until the right time to sell and there won't be any regret that I'll think that I may have in the future.
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September 17, 2022, 08:35:17 PM
 #234

There were many different mistakes. This is cryptocurrency and investment. It happens here. Another thing is if it happens all the time. Then yes, these are no longer mistakes, but a conscious choice and in investments it means you have nothing to do. I think my main mistake was that when I first learned about cryptocurrencies, I did not attach much importance and passed by. Only later did I realize that I was wrong.

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September 17, 2022, 08:56:48 PM
 #235

My own biggest mistake was I sold all my bitcoin before the ATH of 2017 it was indeed a big disappoinment to me, I sold my bitcoin cheaply when I suppose to be hodling it thinking the price will dump after reading all sort of news of clambdown of exchanges by the Chinese government then and the Chinese were one of the highest hodlers of bitcoin all those negative news culminated to my selling of all my bitcoin in the pre 2017 era almost all the major cryptocurrencies were very cheap ETH, BNB e.t.c, well it's a sad experience I have to move on afterall it is irreversible and learnt my lesson to always hodl my irrespective of negative news relating to bitcoin.
Panic selling is bad decision taking by all cryptocurrency investor exactly as new and have less experience with cryptocurrency investing, I will the same position with you trough last several years before ever sold bitcoin under $10,000 and few months later bitcoin price pump drastically. Many time bad news coming from China make bitcoin price drop drastically when announcing first time, I know when China banned bitcoin and all ICO project make the end era of ICO time, but right now I know and have many experience how to faced with bad news about bitcoin. Need move on to next time for learn from our mistake made in the past, I think most important at the future never panic what ever bad news and make bitcoin price drop.

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September 17, 2022, 09:07:41 PM
 #236

everyone must have experienced this. what i regret is only late selling bitcoins but it doesn't have to be too much thought i was just a beginner at that time the asset went up 5x in the bitcoins i invested. but when the market was negative I was so relaxed even though it was time to save assets, in the end I didn't get the maximum money.
My own biggest mistake was I sold all my bitcoin before the ATH of 2017 it was indeed a big disappoinment to me, I sold my bitcoin cheaply when I suppose to be hodling it thinking the price will dump after reading all sort of news of clambdown of exchanges by the Chinese government then and the Chinese were one of the highest hodlers of bitcoin all those negative news culminated to my selling of all my bitcoin in the pre 2017 era almost all the major cryptocurrencies were very cheap ETH, BNB e.t.c, well it's a sad experience I have to move on afterall it is irreversible and learnt my lesson to always hodl my irrespective of negative news relating to bitcoin.

I myself sold my bitcoin loss in 2018 when after days bitcoin increased almost $20k and bitcoin dropped continuously. I wasn't savvy enough to realize it was just a normal bitcoin drop in its development. I was scared when I saw a non-stop bear market, I panicked and sold everything in the market afterwards.

Most of us have our own lessons after a bear market. After experiencing the bitcoin crash and bitcoin rally in 2020, nothing can shake my faith in bitcoin now. To me, the current bear market is not as bad as people think.

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September 18, 2022, 08:46:35 AM
 #237

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 at that time in 2020 was because i already sold all my coins which are weves type, maybe if i keep it till 2021, i at least have become a luxury human now in the crypto world, that's the worst moment i ever did.

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September 18, 2022, 03:28:14 PM
 #238

We are only here to invest, buy low sell high. so the common mistake people make is definitely buying at a low price but usually selling at a not-so-high price, and then that coin goes up, and we regret it again. I think everyone has experienced this feeling. The market is unpredictable so that's not surprising, and I believe those mistakes will be repeated in the future.
Yes it's true I also felt regret as you mentioned where at that time I bought 2 ETH when the price was still cheap and planned to hold it for the long term but a few months after buying suddenly the price of the coin increased and my portfolio increased by about 20x because I was so eager I finally decided to immediately release everything, but it was a pity after I sold it but the price of the coin went up again higher.

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September 18, 2022, 03:31:38 PM
 #239

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.
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September 18, 2022, 03:32:13 PM
 #240

My biggest mistake was that I didn't sell my holding on right time I was getting 2x but I didn't sell and now it worths nothing, my all money gone for just one mistake. Now I always sell when
I get enough profit.

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