What is the Biggest mistake you made with Bitcoin?

[virasisog]

I see it as regret not mistake, but yeah I think it is selling my Bitcoin at a low price, but no one knew it would be this huge so there is nothing that we could really do about it.
And also being discourage when the price drops down, stopped earning or accumulating more when it hits low price.
Buying the hype FOMO, and being affected by news created for FUD.

[FortuneFollower]

I see it as regret not mistake, but yeah I think it is selling my Bitcoin at a low price, but no one knew it would be this huge so there is nothing that we could really do about it.
And also being discourage when the price drops down, stopped earning or accumulating more when it hits low price.
Buying the hype FOMO, and being affected by news created for FUD.

it's a classic bait and switch from the smart money flow. we should simply ignore it and see results in the years to come, charts don't lie

[Rockson1]

On point, no matter how valuable or beneficial Bitcoin is, its never easy to hold Bitcoin for so long and just as you said, the market is still here and opportunities will keep coming.
What people are ought to do, is just to keep learning, do all the necessary adjustments, forget the past and keep moving on because the rise of Bitcoin is still increasing which there is a chance for everyone who wants to be a part of it or who want to keep holding.

Of course Bitcoin is not easy to hold, it requires patient and much discipline to perfect that, Bitcoin hodling is a decision, as you start acumulating Bitcoin you must ask yourself what you want, I mean investors should set your goals and work on how to achieve it, why people do not hodl for a long-term sometimes even when they have made that decision earlier is how they go about their Bitcoin investment alone the line, you made a point that people should continue learning and i think that learning is important as a Bitcoin investor and is putting what you have learnt into practice, many of us have heard about disreationary income as what we need to invest in Bitcoin but some people go as far as investing with the amount that will choke them,  this type of persons will definitely not hodl for a long-term because he has already started the mistake.

Those that keep remembering the past are not serious investors, the past is there but we should not allow the past to weigh us down, Bitcoin is futuristic as we know, if anyone has failed to invest in the past, I do not see it as problem because Bitcoin investment has not vanished, anyone can start from somewhere, when we keep blaming ourselves, it will give us the mindset to entertain procrastination.

[Floxynice]

I can read most of the comments saying their greatest mistakes was not buying bitcoins earlier. My question to them is, were they ready then for the sacrifices then? All those who bought bitcoins earlier made sacrifices which many of us today will never make. Back then people criticised bitcoin alot. So many people were against it and it was quite difficult to see real potentials in bitcoin. Some who bought earlier either lost their bitcoins to scammers or sold out of panic because they were not really emotionally and psychologically.

I have no regrets that I am just getting started. I believe that if I had bought bitcoins earlier, I may not be able to keep up with it because I had very poor knowledge of bitcoin then. Right now I feel very well equipped, no mistakes yet and I do not see myself making any mistakes in the future.

not all was even all about sacrifices but also about awareness. Many people would have sacrificed a good amount of money they had at their disposal then if they had knew about the cryptocurrency much earlier, some people here have money they were not using and did not even know what to do with, many of such kinds of people would have invested it in bitcoin if they had a prior knowledge about the technology much earlier.

If they weren't aware as you said, then they shouldn't consider it a mistake in the first place. We should be talking about mistakes if they finally got to know about bitcoin but still failed to invest because they felt it wasn't worth it. It doesn't make any sense for anyone to feel regrets simply because he didn't get to know about Bitcoin earlier. The good news for them should be that they are finally investing, so they still ain't left out.

[Aloysius01]

The Biggest mistake I have made with Bitcoin is that i bought late and I sold it early, I thought bitcoin works better on short-term trade instead of long-term trade, when I started trading with Bitcoin, I was so impatience which made me, never to gain any good reward, but ever since I stop trying to be smarter than How Bitcoin market operates and I did more research about Bitcoin, How it’s works and How Bitcoin transactions operate my strategy has really change. I know everyone of us must have come across mistakes while using Bitcoin, you can share your experience and how you overcome your mistake.

what really makes the difference is exactly what you mentioned talking time to understand how Bitcoin works and why Long term holders tend to win, once you stop trying to outsmart the market and start thinking in years instead of days, things get a lot calmer. Mistakes are part of the process, the important thing is learning from them and adjusting your approach, a lot of us came thinking trading was the way only to learn the hard way that impatience and emotions will wreck your strategy, buying late and selling early usually happens when you are focused too much on short term price moves instead of the biggest picture I made similar mistakes too and I paid for it, it all about focus.

[Pandorak]

I see it as regret not mistake, but yeah I think it is selling my Bitcoin at a low price, but no one knew it would be this huge so there is nothing that we could really do about it.
And also being discourage when the price drops down, stopped earning or accumulating more when it hits low price.
Buying the hype FOMO, and being affected by news created for FUD.

Regret often arises from hasty decision-making, whether due to fear of falling prices, wanting to take existing profits because one thinks the gains are sufficient (usually traders), or not believing in the assets being held. This is why in addition to having a sound cash flow system, it is also essential to have a solid foundation of knowledge and to continuously educate oneself as one accumulates more Bitcoin. Focus on the long term rather than the current price which tends to be highly volatile. Of course if you keep watching the chart fluctuate significantly, it can disrupt your emotions leading to decisions that result in regret. Additionally, having adequate knowledge will enhance your confidence in Bitcoin. When FUD arises, you will not be swayed as your confidence and focus remain on the long term.