Biggest mistake in crypto?

[Inspiron14]

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.

Even if your fault is only that but it is a big mistake because it is very important to do research before investing,
you lose and that's the risk of investing or trading in crypto,
It's better to learn from those mistakes and get up slowly

[1714328724]

1714328724

[Lambe Ndumble]

The biggest mistake I have ever experienced is not selling immediately, I like investing in a new project, namely meme coins, most of the coins that I bought can pump up to hundreds of percent in a short time or less than a month, unfortunately I believe too much and keep holding so that what happens It was the coin to drop significantly and I lost money.

[jesselui]

When something becomes valuable, you should definitely sell it. If you have bitcoins that make value, do not say that it will rise more and sell it. I did this and I regret it so much. Be careful too.

[BobK71]

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.

If you can hold on prominent coins for ten years then you will undoubtedly to gain large amounts. I think if someone buys the right coins and goes beyond 3 years from now he will surely understand the true fun of holding. From my point of view traders who are more or less invested in crypto have uttered the word "mistake". But the point is that it is profitable to learn from that mistake and use it later.

[newdevices]

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.

let that mistake be a lesson, because if you continue to be sad and feel regret, of course it will make your trading disturbed,
because trading and investing requires a healthy soul, without that we will feel regret, don't give up, forget the mistake and look at it future

[entebah]

my biggest mistake was selling all of my dogecoins in March Last year because if i still hold them in the next month the price increase to 4x.
after 3 months later the price increased crazier, it increased to 13x from the moment i sold it.

[tjtonmoy]

I don't regret investing on CAKE but i regret that i put them in locked staking pool 2/3 weeks before market crash. so i was unable to sell at the right time. Now all my assets are reduced by half. It hurt's when i see the price. but i know everything will be back on green again. So it's still locked and i'm still earning. But i think buying before market crash was my biggest mistake in crypto.

[Psalms23]

One of my biggest mistake was one time I got an airdrop and was hesitant to sell when it when it was selling high, only a day later and it fell rock bottom, I had to sell it so low regretfully.

[Munir575]

When it comes to cryptocurrency, my largest and most often mistake is to wait too long before selling. Simply, my cryptocurrency holdings are worthless now because I neglected to sell them when I had the chance. This is currently my lone and largest mistake with bitcoins. There are more faults of course, but they are not important. I attempt to learn from my mistakes in any event, but so far I haven't had much luck.

[SaveOurSea]

One of my biggest mistake was one time I got an airdrop and was hesitant to sell when it when it was selling high, only a day later and it fell rock bottom, I had to sell it so low regretfully.

Things like that happen to a lot of people and it's better if we can learn from those mistakes,
dissolve in regret will not produce anything and will only be a waste of time,
sometimes it's hard to forget mistakes like that and it becomes a challenge

[RiverBoy]

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 in cryptocurrency, when i was in high school a friend told me about cryptocurrency investment (Bitcoin was $3900), I did not put to action, because he is the only one in my local area that i know, and i thought cryptocurrency was a Ponzi scheme to refer a friends before you can earn that was feedback i get from other of my friends that was not educated in cryptocurrency analyzing, which was ignorance of the highest order to me, not to go online and make research about cryptocurrency function and how it works. Nevertheless first bull run and second bull run of bitcoin has come to passed, after my research about bitcoin price. Now is my morning to joined the club, by investing or Buying small fraction of Bitcoin, Ethereum, and polygon Matic as a gradual process.

[RenaldoCusmano]

Accepting all cryptocurrency projects as ponzi schemes.

[ThemePen]

Cryptocurrency is a world. And it has the king. And I have the king. So I believe only on king because it is leading all and all market go up and down just like the king. And everyone know the name of king. This is Bitcoin.

[hichamito37]

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.

Unfortunately for you, you weren't able to take profits before the bear market hit. That's a lesson for you, always have a plan in investing and don't be too greedy, profit taking is never wrong. I think a lot of people just like you, people didn't sell their coin when it was profitable because everyone was expecting it for a higher price to sell, but then they couldn't sell anymore and became become a reluctant holder.

[SUPERSAIAN]

My biggest mistake was that I never invested in dogecoin before and became fomo at the time of the rise and after that I made a lot of mistakes. It was actually a big mistake for me to invest in new projects, if we compare both, I think they can compete. These were the biggest mistakes I made that I still care about, and I had a lot of little mistakes. It's really hard not to make mistakes in such a volatile market.

[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?

An investor can measure his greed only when the market turns from bullish to bearish. Many investors hold their assets year after year for extra gains but in return there are no gains without losses. That was the biggest mistake in crypto by those who held on to their assets despite the gains in the bull market.

[len01]

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If you can hold on prominent coins for ten years then you will undoubtedly to gain large amounts. I think if someone buys the right coins and goes beyond 3 years from now he will surely understand the true fun of holding. From my point of view traders who are more or less invested in crypto have uttered the word "mistake". But the point is that it is profitable to learn from that mistake and use it later.

as long as we want to learn from the mistakes that have happened it will bring us to profits and as long as we invest choosing the right coin.
if we choose the right coin we hold up to 10 years will get a big profit.
like investing in bitcoin and ethereum when every few years 4-5 years always have a fantastic price that can make us go party together.
and the point is to invest in the right coins that already have a good track record from the previous year

[BobK71]

Sometimes we don't know whether the coins we hold will continue to rise or sink, most of what I do is sell immediately when the profit is more than 20% or if the long term profit is 50%, there is always worry, especially the case of LUNA sinking.

If you want to be a good trader you must be committed in some aspects among them one is selling your assets at a certain level. We often deviate from this track. Sometimes even if the profit is more than 50%, we wait for more profit without selling it. In return we fail to profit. Although many people consider it simple mistakes but it is definitely the biggest mistake trading business.

[JahriMeayer]

Biggest mistake in crypto is, i trust crypto blindly and i invested my whole money in crypto and i didn’t sold my altcoins during preliminary bear market of 2017. I awaited to recovery and As a result it destroyed me badly. So it is necessary to understand when and what decision should taken regarding crypto behaviour as well as it always need to have some backup fund so that it can be use durning bear market

[Cryptmuster]

If you want to be a good trader you must be committed in some aspects among them one is selling your assets at a certain level. We often deviate from this track. Sometimes even if the profit is more than 50%, we wait for more profit without selling it. In return we fail to profit. Although many people consider it simple mistakes but it is definitely the biggest mistake trading business.

It's hard to remember how many times in the past I've made this mistake, and each time it was a lost profit. Now I try to take profits from every trade, sometimes I do it too early, but I do not miss the opportunity. When it comes to altcoins, then it almost always short term trades with stops and that's why it works for me. If we are talking about bitcoin, then I buy it for the long term and do not worry about short-term movements.