WHEN WAS YOUR WORST MOMENT AND CHALLENGE WITH BITCOIN ?

[Davidvictorson]

How was your worst moment and experience like and how were you able to handle it then ?

I haven't had a bad experience with bitcoin yet. But I can recall a period when I was struggling and it happened to be during a bear run cycle. I was unable to DCA as I normally did. I was on the verge of selling my coins, regardless of whether I would make a loss. Fortunately, a good friend of mine in the same cryptocurrency network who was doing well for himself learned about my condition via a common acquaintance and agreed to offer me certain business opportunities to handle and permit me to keep 100% profit but remit the original money. That was like my closest worst moment and challenge with bitcoin.

[wahyuagung26]

At a time when I didn't really care about Bitcoin, and this was a very fatal moment and mistake that I can never forget until now, and this happened in the early days I knew Bitcoin, in early 2011 I only heard from people talking about Bitcoin. close related person. from year to year and Bitcoin is growing little by little and at this time I did not take the initiative to jump into Bitcoin and invest, this is a very bad moment for me.

The year 2020/2021 was a very meaningful year for investors who invested in Bitcoin their returns were very high, and I wasted that precious time.

[The Cryptovator]

Sadly I had a bad experience always when I hold Bitcoin. Most of the time price dump and not went up till sold it out. But doesn't matter, I never sold all and I just sold what I need. So most challenging time for me is when I hold Bitcoin. In 2017 I lost 1.5 BTC when I was greedy to increase my portfolio by trading. Bought some fucking alt with my Bitcoin and lost eventually due to no recover shit coin.

So I will say if you are holding or wondering to accumulate Bitcoin then intend to hold it till you got some profits. Don't be panic sellers like me and regret it later lol.

[lovesmayfamilis]

I, too, was greedy enough and did not dare to exchange bitcoins for fiat during its great growth. Since that time, I have lost a considerable amount, as there was a moment when I simply needed cash. This is a bad and unpleasant experience, but I will not deny that the period of growth was also beneficial to me. Therefore, we should always be aware of our limits when our greed leads us there and not be so sure of the future.

[Warkop]

My bad experience with Bitcoin, when it was in the middle of the year where I had to be sued to sell some of my bitcoin assets, in order to survive in the future, and even the price of bitcoin at that time really slumped, so I sold all my deposits, to keep it stable  my economy, but on the other hand I opened a business from the sale of my bitcoins, to keep my economy stable, maybe that was the worst thing that happened to me, and seeing the price of Bitcoin last year made me blame myself.

[dezoel]

When I paid my debts. Many people told me to not pay my debts and instead I should be using my money in order to just get bigger and bigger investments and even make more debt. I was offered an option of just living off credit card for a few months without ever spending money aside from the minimum I had to pay to my debt, and use that extra money to buy bitcoin as much as I can, and face the debt later on. Which I didn't listen and I paid my debts in full because that's what I liked to do.

If I listened to those people, I would have suffered a few months and in return would have owned a few bitcoins these days, and now I still have a lot of debt, and yet no bitcoins at all, so that was a bit of a problem for me.

[carlfebz2]

I believe everyone here onboard this platform once had a very  though and challenging moment with bitcoin at the initial start. At first it seems unrealistic then looks like a scam but at last it was a real deal. sharing our experiences and worst moment might just help others build on and also bring us back to the very first beginning of our journey into bitcoin then. This would also help us evaluate how far we have gone and also creates room for more on-boarding of more adopters. Sharing our experiences on how we started would also encourage more to be steadfast  in the system. This would go a long way in helping others at the verge of giving up on bitcoin.

How was your worst moment and experience like and how were you able to handle it then ?

When i had able to know this market 5-6 years ago which HYIPS and ponzi are really that on trend or common.I have learned up about crypto due into that particular situation on which i do really believe that i could

make myself rich in no time but i was wrong yet i have realized that these are just scams and there's no such thing about easy money and then later on i had discovered lots of things or ways for you to earn crypto

via those tasks online which could really give out the chance for you to be able to do so.Then i do touch up trading and find myself able to sustain after a couple of years which im grateful
that i have known this market.

[CryptSafe]

My bad experience with Bitcoin, when it was in the middle of the year where I had to be sued to sell some of my bitcoin assets, in order to survive in the future, and even the price of bitcoin at that time really slumped, so I sold all my deposits, to keep it stable  my economy, but on the other hand I opened a business from the sale of my bitcoins, to keep my economy stable, maybe that was the worst thing that happened to me, and seeing the price of Bitcoin last year made me blame myself.

Very sad though. It pains most when you are in need and have no option than selling your portfolio at a very poor rate and within just a snap you see the price plummetting. You will have this self regret to have hold a little bit longer but in the real sense what you did needed urgent attention which required you taking such decision. It hurts really bad.

[Cookdata]

I believe everyone here onboard this platform once had a very  though and challenging moment with bitcoin at the initial start. At first it seems unrealistic then looks like a scam but at last it was a real deal. sharing our experiences and worst moment might just help others build on and also bring us back to the very first beginning of our journey into bitcoin then. This would also help us evaluate how far we have gone and also creates room for more on-boarding of more adopters. Sharing our experiences on how we started would also encourage more to be steadfast  in the system. This would go a long way in helping others at the verge of giving up on bitcoin.

How was your worst moment and experience like and how were you able to handle it then ?

There has never been a time in bitcoin one should have a feeling or doubt it to be a scam, it has never and will never, however, investments are subjective to people, the way I may buy bitcoin may be different from the way others will, the time you buy it is also another factor.
Take a look at Coinfessions on Twitter and you will feel bad about how many people have lost money into crypto(Bitcoin and Alts) and they all have a common thing from their confessions and mistakes, they all FOMO, bought at the top in anticipation of making it big, they didn't just invest a little, they invested heavily and that is the euphoria of the market if you are bullish when others who bought during the bear market all sold. The rule is simple: buy low(bear market) and sell high(bull run).

[Marvell1]

My bad experience with Bitcoin, when it was in the middle of the year where I had to be sued to sell some of my bitcoin assets, in order to survive in the future, and even the price of bitcoin at that time really slumped, so I sold all my deposits, to keep it stable  my economy, but on the other hand I opened a business from the sale of my bitcoins, to keep my economy stable, maybe that was the worst thing that happened to me, and seeing the price of Bitcoin last year made me blame myself.

I think it's not necessarily a bad experience, maybe you sold your bitcoins for not as high as expected. In life sometimes unexpected things happen and luckily bitcoin is your savior, in that case, thanks to bitcoin you have saved your economy and not to mention you have extra business from the sale of bitcoins. This shows that bitcoin investment really works for you, so you should not regret your decision. If you still have faith in bitcoin then you can start over with bitcoin now its never too late to start over with bitcoin.

[kryptqnick]

I didn't have any particularly bad experiences with Bitcoin. But the worst time was that long bear market of 2018-2020. I had a couple of big lows there. One is that I had what was around $1k in BTC at the end of 2017, but I didn't sell. Given how long the bear market lasted, I needed the money and had to sell at $10k, some at $8k. It wasn't panic selling, I just needed fiat for stuff, and I tried waiting it out as long as I could, but the market stayed low just way too long. And then I recall this moment when the price has been very low ($7k-$8k) for months, and then, when I thought it couldn't get lower than that, it went to around $3500. And it wasn't at such a low point for a brief period of time. In fact, the price remained below $4k for 4 months!
Overall, it took almost 3 years for the price to recover, so it was generally a bad period, but that time below $4k was particularly sad.

[gabbie2010]

I believe everyone here onboard this platform once had a very  though and challenging moment with bitcoin at the initial start. At first it seems unrealistic then looks like a scam but at last it was a real deal. sharing our experiences and worst moment might just help others build on and also bring us back to the very first beginning of our journey into bitcoin then. This would also help us evaluate how far we have gone and also creates room for more on-boarding of more adopters. Sharing our experiences on how we started would also encourage more to be steadfast  in the system. This would go a long way in helping others at the verge of giving up on bitcoin.

How was your worst moment and experience like and how were you able to handle it then ?

My getting late into bitcoin is one of my worst moment when I could have bought it at a low price, even the few coins I had in pre 2017 was sold off cheaply, I never believe Bitcoin price will rose to ATH in 2017 when it reached $19K+, I also missed another opportunity to buy low in the wake of Covid-19 pandemic when it's price dropped to $3755 unfortunately missed out thereafter it price hit another ATH of $64K, these are great missed opportunities and worst moment because I am sure a lot people became millionaires courtesy of early adoption of bitcoin especially during ATH period.

[CryptSafe]

Let me share the experience of my friend whom I brought onboard the system though it was a sad one and I don't wish anybody to have such experience. I actually felt bad too about the incidence. It was around December 2018 towards Christmas season when it happened. My friend was holding Bitcoin worth $10,000 and planning to use a little for the Christmas celebration only to wake up on the 23rd of December to discover that his wallet has been emptied. He couldn't hold himself as that was his only major backup that period as his other business wasn't in a good state. It was a very terrible experience for him as he couldn't believe such could happen to him. He has been a childhood friend and I had no option than supporting him. It touched me as well because I brought him onboard and we never had knowledge such would happen and that was a terrible experience for him though as he couldn't get his family all they required that Christmas season.

[isaac_clarke22]

~

My first few months when I started Bitcoin. I was like refreshing Google and CMC back then when just a single red line in the chart makes me nervous a lot and I thought it is going to be all losses for me. Gotta admit that I was panic selling back then, but then I realized that Bitcoin is truly a long-term investment and not something that you would just hold out for in a day, in a month, in a half a year.

I would not call bearish market as something I would call it "worst moment and challenge" in Bitcoin since that was like an opportunity for me to buy even more coins.

[Oneandpure]

My bad experience with Bitcoin, when it was in the middle of the year where I had to be sued to sell some of my bitcoin assets, in order to survive in the future, and even the price of bitcoin at that time really slumped, so I sold all my deposits, to keep it stable  my economy, but on the other hand I opened a business from the sale of my bitcoins, to keep my economy stable, maybe that was the worst thing that happened to me, and seeing the price of Bitcoin last year made me blame myself.

Looks not bad experience with bitcoin because try help your business by selling bitcoin as investment assets and use it for helping your business capital. I have bad experience with bitcoin because when got chance to take much profit keep holding and later when price drop sell it and get much loss, I think if I used your way by selling some bitcoin investment assets and use it for building business maybe I can earn two passive income right now, not only with profitable from bitcoin but also have chance taking profit with real business.

Become good experience later spent your assets in bitcoin and use it for building real business, not always bitcoin guarantee get much profit and have another business become back up passive income when get trouble with bitcoin price.

[nurilham]

I can say 2018 was a bad year for me. I made very fast and ambitious investments and lost a lot of money in my inexperience. But in the following years, my experience increased and I learned risk analysis. That's why I call it 2018.

I guess you did panicking buy, you may be influenced by the hype.  
But every mistake is a lesson in our life. You can do a better decision and do a proper way in the next year at least. I am sure you know that analysis and knowledge are two crucial factors in crypto trading or investment. Now, you won't experience the bad thing as in 2018 anymore. You did the right way by learning risk analysis. It minimizes the opportunity of a huge loss.

[8rch7]

My worst experience as long as I entered bitcoin was in 2019, I lost a lot of my money, because at that time I was in need of money for a very urgent need, I also had no other choice so I had to sell my bitcoin when the price low, after that incident now I have learned not to put all the money I have in bitcoin anymore, I set aside some of my money in other businesses.

[n0ne]

My worst movement was when my wallet hacked when I was new to bitcoin usage. I don't know what to do, the hack was on the blockchain wallet. It was my mistake to loss the recovery phrases. I'm not aware of those things and later requested help from support team and they clearly mentioned my mistake. I was helpless as I lost about 0.11BTC

[iamsange]

At a time when I didn't really care about Bitcoin, and this was a very fatal moment and mistake that I can never forget until now, and this happened in the early days I knew Bitcoin, in early 2011 I only heard from people talking about Bitcoin. close related person. from year to year and Bitcoin is growing little by little and at this time I did not take the initiative to jump into Bitcoin and invest, this is a very bad moment for me.

If only at that time you want to really take advantage of the moment by exploring more about Bitcoin when the people closest to you talk about Bitcoin, then by now you have become a person who will not forget Bitcoin and will be familiar with all the conditions that occur in Bitcoin. And now it's also not too late to invest in Bitcoin if you have the will because Bitcoin is still on a good track as an investment option as well as a future asset choice.

The year 2020/2021 was a very meaningful year for investors who invested in Bitcoin their returns were very high, and I wasted that precious time.

There are other opportunities that you can still get from now on if you really like and believe in Bitcoin. Because right now you can also see and find out about how many people already know Bitcoin and then like it as the best asset they have ever known.

[Adbitco]

That was my early stage of join this forum and have some bitcoin but was panicked to sold it out due to market dip. You know as a beginner lack of mentoring and impatient makes me lost and sold my bitcoin at cheap rate then 2017/18 dip. First for new beginners should have patients and do more research about the worth of the assets they are acquiring.
Though right from then I have learnt to correct mistakes and learn to stick on holding.