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Author Topic: What is your one memory related to Bitcoin that you want to forget?  (Read 394 times)
noorman0
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October 31, 2023, 08:21:41 PM
 #41

I dumped some of my bitcoins a few days after the halving because I was pessimistic about reaching a new ATH. I thought it could save its value, and it turned out to be the wrong decision.

But how could it be forgotten? I am actually happy to have learned this lesson and I will remember it to strengthen my principles as a holder.

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October 31, 2023, 09:54:02 PM
 #42

When I've sold a couple of my bitcoins that I have acquire on the early days for non important things.
Thinking that I'll be able to collect them again and hold it again but then I was wrong because I wasn't able to take them back cheaply.
While I have the profit, yes, made profit with that but I was not happy with the purchase that I have made. A complete regret and mistake.


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October 31, 2023, 11:28:59 PM
 #43

What is your one memory related to Bitcoin that you want to forget? It can be anything like some sort of scam happening to you or some other type of loss.
TBH, it's hard for me to think of something that I want to forget.
I didn't get phished, didn't get scammed that huge money as well, I also made some good investment in the past, and still going good until now.

This isn't Bitcoin related per se, but I guess the fact that I got FOMO'ed when I was starting in trading is the one that I want to forget... or not because that taught me an important lesson as well when it comes to trading. I'm pretty sure many here when they are still newbie got FOMO'ed at some point of their investing journey as well. It's normal I guess, but what's important is you learn from that mistake.

Forgetting something that happened to you is kind of hard especially if that "thing" really taught you an important lesson. Whether it would be selling early, or buying things that you don't really need for Bitcoin, to getting scammed or phished.

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November 01, 2023, 10:40:53 AM
 #44

Fortunately, I do not think I have gone through something as disturbing and unsavory as being a scam victim, many scammers have tried, as usual, but it is easy to outsmart them and quickly realize one is being targeted.
It is not directly related to Bitcoin, but I would like to forget how a friend of mine joined a Ponzi scheme and he was completely unaware of it to the point of even suggesting me to join in as an "investing opportunity". In the end I had to tell him he was going to lose all his "invested capital" if he did not got out of it as soon as possible.
It is something I would love to forget because, even though I learnt from it, it was something which disturbed me for a while.
Taught me even people who I consider to be mature and inteligent can fall victim of the most obvious scams on the internet. As expected, the scammer used Tether to commit their massive theft.

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November 01, 2023, 10:45:21 AM
 #45

What is your one memory related to Bitcoin that you want to forget? It can be anything like some sort of scam happening to you or some other type of loss.
When I sold all my Bitcoin in 2017 easily before the bull happened , i made the stupidest decision in my life that my funds would be multiplied by 6 if not made that wrong decision and now I never forget that time and still ringing in my mind every time bull run is near to come.
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November 01, 2023, 11:04:16 AM
 #46

What is your one memory related to Bitcoin that you want to forget? It can be anything like some sort of scam happening to you or some other type of loss.
If there is a problem with fraud, thank God I have never experienced it so far, I hope fraud never happens to me. However, there is a feeling of regret and it is difficult to forget because of Bitcoin, and I try to forget and look to the future from now on.

What I want to forget are the memories of five years ago, at that time I actually had a friend who had invested in Bitcoin but at that time I didn't care and I considered it just an ordinary investment, in fact I considered it a seasonal investment. That's the thing I most want to forget because at that time I didn't immediately listen to my friend's advice to invest in Bitcoin.

But now I started focusing on investing in bitcoin at the end of last year, and I also feel encouraged because many users on this forum say it's never too late to invest in bitcoin.
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November 01, 2023, 11:18:05 AM
Merited by Sim_card (2)
 #47

Years ago when I was learning a skills from a master someone happened to have some Bitcoin on him and he was a class mate of mine in school, I don't know how he got the Bitcoin and they are very cheap them, after seeing each other for a long time we got back together as friend and he wanted to gave me one BTc but my ignorance got in the way.

I told him that things like this don't last long, I was referring to the past bubble burst that was popular in the world back then, that was also the first time I heard the name Bitcoin, I wished I listened to him, like I don't know what was waiting for me a year later, because that was when the struggles in my family gets real and tougher.

A year later I could find this friend again, his number isn't working anymore and now if I give it a try a lady always pick up and she claimed she don't know who my old friend is, I am sure this friend of mine is no more in the country, I hope he is doing well wherever he is.
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November 01, 2023, 11:47:52 AM
 #48

What is your one memory related to Bitcoin that you want to forget? It can be anything like some sort of scam happening to you or some other type of loss.
Even though I had a lot of bitcoins and maybe hundreds of them in the past, and I sold them early, participated in ponzi games, used them for gambling...but all without regrets. To me, everything is experiences and life lessons that help us become more mature. Furthermore, there are still many opportunities available to us and it is up to us to seize them or continue to miss them. So I see no need to be sad or think about the past with regret. Life is about moving forward, not back, so why do we keep remembering it?

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November 01, 2023, 12:39:20 PM
 #49

What is your one memory related to Bitcoin that you want to forget? It can be anything like some sort of scam happening to you or some other type of loss.
Memories or bitter experiences in investing in Bitcoin are not to be forgotten, failure in Bitcoin investment often comes to investors who can burn some or all of their capital due to losses or being victims of fraud. For me, all of these incidents are the most valuable experiences. Every time I remember bitter experiences in the past, I always become cautious when investing.
Unpleasant experiences in the past will change a person's character for the better in the future, learning from experience will make you more alert so that the same incident does not happen again.
Bad experiences in investing are not to be forgotten, but must be used as lessons.

.
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November 01, 2023, 01:00:05 PM
 #50

What is your one memory related to Bitcoin that you want to forget? It can be anything like some sort of scam happening to you or some other type of loss.

I don't like everything happened from the past even if I experience bad especially with those scamming happen or those trade failures I get since from that experiences I learn a lot and became more better crypto adopter.

If we try to forget about those past experiences without looking at the mistakes we made for sure we will never grow and might get deceive for another attempt made by these scammers. I know sometimes its hard to came back on the past activities we made since losing a lot of money really hurt us, but once we always remember those pain for sure we will be more careful on taking decisions especially on new things that we want to try. Experience is really a great teacher so we should look at the past happening since it can contribute good to our future.

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November 01, 2023, 08:45:08 PM
 #51

What is your one memory related to Bitcoin that you want to forget? It can be anything like some sort of scam happening to you or some other type of loss.
Memories or bitter experiences in investing in Bitcoin are not to be forgotten, failure in Bitcoin investment often comes to investors who can burn some or all of their capital due to losses or being victims of fraud. For me, all of these incidents are the most valuable experiences. Every time I remember bitter experiences in the past, I always become cautious when investing.
Unpleasant experiences in the past will change a person's character for the better in the future, learning from experience will make you more alert so that the same incident does not happen again.
Bad experiences in investing are not to be forgotten, but must be used as lessons.
I tend to think the same, while we can wish that we did not made the mistakes we committed during our journey, it is precisely because of those mistakes that we could learn valuable lessons and avoid future mistakes, in my case I made the mistake of deleting a wallet which still had some bitcoin before I made my backup, I was really hurt at the time but as you may guess this is a mistake that is always in my mind when I create a new wallet and I have never made that kind of mistake ever again.
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November 01, 2023, 08:57:39 PM
 #52

I had one of the worst experiences. I have invested in one of the shitcoins called Pumapay on Bittrex. When I invested, the bitcoin price was approximately $17K, and I invested about 1.5 bitcoins. When the bear comes, my funds are gone. I wasn't about to sell at a loss, so I held it. Then, even after a long time, when again bull came, the shitcoin was still dump. Actually, the team scams investors. Eventually, I sold everything for $100. So it was the biggest scam, and I lost everything. This is the memory I want to forget about how I lost my bitcoin. After that, I was very careful about my investment. I don't like any shitcoin except Bitcoin right now. So far, I have found that Bitcoin is real; all others just pump and dump.
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November 02, 2023, 05:33:57 AM
 #53

I had one of the worst experiences. I have invested in one of the shitcoins called Pumapay on Bittrex. When I invested, the bitcoin price was approximately $17K, and I invested about 1.5 bitcoins. When the bear comes, my funds are gone. I wasn't about to sell at a loss, so I held it. Then, even after a long time, when again bull came, the shitcoin was still dump. Actually, the team scams investors. Eventually, I sold everything for $100. So it was the biggest scam, and I lost everything. This is the memory I want to forget about how I lost my bitcoin. After that, I was very careful about my investment. I don't like any shitcoin except Bitcoin right now. So far, I have found that Bitcoin is real; all others just pump and dump.

I was not aware of PumaPay had become a scam. I remember it being really hyped up and they even had a partnership with Pornhub. The ability to make recurring payments with crypto was fascinating but I expected them to fail because this system would only be possible through their own wallet app and you could only use their shitcoin for payments. While I'm glad to have avoided this scam token there are a few other ICOs which I immensely regret having invested in.

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November 02, 2023, 06:23:53 AM
 #54

My biggest regret uptil now was missing out on the opportunity to Purchase bitcoin few years back when it was more cheaper, i had a close relative of mine who liked me and he was into cryptocurrency and wanted to teach me about it. He even laid more emphasis on acquiring Bitcoin and some few alt coins. That year alot of things happened in country, different investment platforms came into life and they all got people scammed all over the country so a lot of people were scared of online investments of any sort. I was also scammed in one of these platforms so i was scared to invest in any other platform so i didn’t take Bitcoin seriously and thought it was no different from the other scam investments.

This relative of mine tried to explain it to me properly and he also tried to prove that bitcoin was different and special but i didn’t give him listening ears. Few months later bitcoin became hot and more popular and i was seeing and hearing how people made a fortune out of it but despite that i still didn’t invest. Few years later i got interested in it but it was too late for me, this relative of mine passed away and i had no one to put me through so i missed out for a couple of years but i am lucky to have finally started my bitcoin journey. It is better late than never.

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November 02, 2023, 06:45:25 AM
 #55

What is your one memory related to Bitcoin that you want to forget? It can be anything like some sort of scam happening to you or some other type of loss.
It does not relate directly to Bitcoin but relates to my greed activities when I bought Bitcoin, used it to trade in Margin account, with leverages x5. I was liquidated and it is my bad memorial experience with my Bitcoin Margin Trading.

I know it is not responsibility of Bitcoin because I did it, I let my greediness controls my decision. I am responsible for it after I opened my Margin trading position with x5 leverage.

Anyone wants to get rich with leverages, can take my loss as their lessons.

I feel that all people new to Bitcoin do this same mistake. I have also faced this loss but amount was small.
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November 02, 2023, 06:34:56 PM
 #56

2. I want to forget my initial losses when I played on bitcoin casinos. It hurts me nowadays too, but I will try to forget it because if I tried to recover it I know I will lose what I have now.

If a person recover his lost money then he forget about his failure in past but if he fails to recover the whole money and again face losses then this reality is unforgettable. You should have to invest in bitcoin instead of playing on bitcoin casinos so the money you spend on casinos will be doubled now but as you miss the chance so forget about it and move forward because thoughts about past can discourage a person.

Don't try to recover your money in casinos because its a risky way but there is a choice for you that if you invest in bitcoin you will make a huge profit that you will easily forget you past failure. Recovering money has many ways therefore try to avoid casinos and if you have money as well as time so invest until next Bull run hopefully you will earn a big return.

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November 03, 2023, 02:22:40 PM
 #57

2. I want to forget my initial losses when I played on bitcoin casinos. It hurts me nowadays too, but I will try to forget it because if I tried to recover it I know I will lose what I have now.

If a person recover his lost money then he forget about his failure in past but if he fails to recover the whole money and again face losses then this reality is unforgettable. You should have to invest in bitcoin instead of playing on bitcoin casinos so the money you spend on casinos will be doubled now but as you miss the chance so forget about it and move forward because thoughts about past can discourage a person.

Don't try to recover your money in casinos because its a risky way but there is a choice for you that if you invest in bitcoin you will make a huge profit that you will easily forget you past failure. Recovering money has many ways therefore try to avoid casinos and if you have money as well as time so invest until next Bull run hopefully you will earn a big return.

Recovering lost money with another game is not a good choice. One should have a steady source of income for this.
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November 04, 2023, 08:49:04 PM
 #58

My biggest regret uptil now was missing out on the opportunity to Purchase bitcoin few years back when it was more cheaper, i had a close relative of mine who liked me and he was into cryptocurrency and wanted to teach me about it. He even laid more emphasis on acquiring Bitcoin and some few alt coins. That year alot of things happened in country, different investment platforms came into life and they all got people scammed all over the country so a lot of people were scared of online investments of any sort. I was also scammed in one of these platforms so i was scared to invest in any other platform so i didn’t take Bitcoin seriously and thought it was no different from the other scam investments.

This relative of mine tried to explain it to me properly and he also tried to prove that bitcoin was different and special but i didn’t give him listening ears. Few months later bitcoin became hot and more popular and i was seeing and hearing how people made a fortune out of it but despite that i still didn’t invest. Few years later i got interested in it but it was too late for me, this relative of mine passed away and i had no one to put me through so i missed out for a couple of years but i am lucky to have finally started my bitcoin journey. It is better late than never.
It seems understandable that you were not very willing to believe in bitcoin taking into account you have been burned recently, this is a very natural instinct and we have it precisely to avoid falling into the same kind of trap twice in a row, besides bitcoin is the kind of asset that can sound to be too good to be true for many people, and while in the majority of the cases those are scams in the case of bitcoin this is not the case, however what matters is that you are aware of its value and now you can invest in it free of any of those worries.
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November 04, 2023, 10:10:52 PM
 #59

I had one of the worst experiences. I have invested in one of the shitcoins called Pumapay on Bittrex. When I invested, the bitcoin price was approximately $17K, and I invested about 1.5 bitcoins. When the bear comes, my funds are gone. I wasn't about to sell at a loss, so I held it. Then, even after a long time, when again bull came, the shitcoin was still dump. Actually, the team scams investors. Eventually, I sold everything for $100. So it was the biggest scam, and I lost everything. This is the memory I want to forget about how I lost my bitcoin. After that, I was very careful about my investment. I don't like any shitcoin except Bitcoin right now. So far, I have found that Bitcoin is real; all others just pump and dump.

That is the downside of investing in altcoins or shtcoins if you don't have any idea about the background of the coin and the team before investing on it. There's actually some good altcoins that we know and it's actually good to invest as well, but they can't never be better with Bitcoin. There's actually nothing wrong with investing with altcoins as long as you know the coin, and also by just simply doing 70/30. 70 for the Bitcoin and 30 for the altcoins, that way you can still accumulate Bitcoin while risking some of your money.

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November 04, 2023, 10:23:00 PM
 #60

I wish to forget what happened before, when I was scammed out of money from a bounty campaign, because I intended to utilize the money to start a business and invest in other coins. But when I continued to think about my money, the bounty award I received turned out to be a scam. That ruined my plans; I was shocked and can't believe it. I moved on, but it still hurts me now and then, so that's what I wanted to forget.

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