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.

[leonair]

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.

A common mistake that everyone makes is selling Bitcoin early. I learned about Bitcoin a long time ago when the price of Bitcoin was very low. Still, I could not hold a good amount of Bitcoin even though I had the opportunity at that time. Our emotions never stop us from investing in anything at the time of startup and holding them for a long time. And we always lose to our emotions. We made the same mistake in the case of Bitcoin.

[Zackz5000]

I haven't experienced any losses yet, so I haven't caught any mistakes yet. Although I would consider it more of a regret than a mistake, when I started learning about Bitcoin and gaining basic knowledge, the value of Bitcoin was very low. I failed to start investing at that time due to lack of basic knowledge and lack of prudent money. Since I was not a qualified person to invest due to lack of prudent money, I don't consider it a mistake. But I definitely regret this matter now. At that time, the value of Bitcoin was around $30k-$35k. Where is it today!

Those who bought Bitcoin as at that time are in profit now that Bitcoin is around $94k, you wouldn't have to regret because you have not discretionary income then and the good news there is that you have already started accumulating Bitcoin provided you keep accumulating and hodl for longer time you will be happy for your self in the future because of the right decision you took to get started with your Bitcoin investment, Bitcoin will definitely do ×2 of what the price is now in a long run.

[Cryptotushar]

My biggest mistake with Bitcoin was impatience. I bought in, kept watching the price every day, and sold too early out of fear. I treated it like a quick trade instead of understanding it as a long-term investment. Later, when the price went much higher, I realized the mistake wasn’t buying late — it was not holding long enough.

Bitcoin taught me that patience matters more than timing.

[Byebyebtc]

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.

My mistake was, accepting Bitcoin as a short term investment, I bought it and after a little bit of profit I sold immediately.
But in this situation I was not investing I was just trading, and after a bit of time Bitcoin spiked up and I was filled with regrets of not leaving my investment, and I started investing as a result of fomo

That's are alot of mistake we have all made but the most important thing is learning from our mistakes, that is what is important Ath this point.

[Silikiem]

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.

So many people are still making this mistake of thinking that it’s too late for them to start buying and investing in bitcoin right now, without knowing that it’s never too late for them to start. Of a truth, those who embraced bitcoin early in in the years past, invested in it and hold for the long term purpose are probably in a profit by now. But then again, bitcoin I think we have not seen it all, it have so much value and potential for the future and I believe that if they can start now in buying and investing in bitcoin and holding for the long term purpose then they will achieve such success too because the price we see now In bitcoin as being too high will be a dip price in the future.

[qurbanshah02]

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.

My mistake was, accepting Bitcoin as a short term investment, I bought it and after a little bit of profit I sold immediately.
But in this situation I was not investing I was just trading, and after a bit of time Bitcoin spiked up and I was filled with regrets of not leaving my investment, and I started investing as a result of fomo

That's are alot of mistake we have all made but the most important thing is learning from our mistakes, that is what is important Ath this point.

This is a childish decision, when we were young, we used to do this kind of trading, but if you made a mistake in a very big platform and investment, then now you will have to regret the mistake of 16 years ago or that pizza guy. If you really should invest in Bitcoin, then there is still a chance to get it again because when the price of Bitcoin goes above $100k, it will be very difficult to come down and then the Bitcoin that was supposed to be bought here will not be bought later. Yes, come on, you have understood that Bitcoin can still be acquired, but think that you should not give it too much time. If Bitcoin dips even before you buy, then invest more and hold it, which will give you profit from investment in other places and this is the best investment in Bitcoin.

[john_egbert]

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.

My mistake was, accepting Bitcoin as a short term investment, I bought it and after a little bit of profit I sold immediately.
But in this situation I was not investing I was just trading, and after a bit of time Bitcoin spiked up and I was filled with regrets of not leaving my investment, and I started investing as a result of fomo

That's are alot of mistake we have all made but the most important thing is learning from our mistakes, that is what is important Ath this point.

When did it happen, may I ask?

[Finebone]

So many people are still making this mistake of thinking that it’s too late for them to start buying and investing in bitcoin right now, without knowing that it’s never too late for them to start. Of a truth, those who embraced bitcoin early in in the years past, invested in it and hold for the long term purpose are probably in a profit by now. But then again, bitcoin I think we have not seen it all, it have so much value and potential for the future and I believe that if they can start now in buying and investing in bitcoin and holding for the long term purpose then they will achieve such success too because the price we see now In bitcoin as being too high will be a dip price in the future.

This is the problem most Bitcoin investors encounter nowadays,  they feels like since they have missed out on that big opportunity when Bitcoin was not up to one hundred dollars, that even though they buys now, that it would be incredible difficult for Bitcoin to double it current price, talkless of doing up to 10x to 100x, though I understand their sentiment, and they may be right, Bitcoin cannot give you that same type of profit again, like when it was below one hundred dollar, but it's truly not done yet because it might still go up to a million dollar in the future.
So for you to make a fortune from it now, you must have to build a good stash of it, and hold for a very long time. That is why constant accumulation is adviced, because the size of your stash is what's going to determine how successful you might be.

[Zigabel]

A common mistake that everyone makes is selling Bitcoin early. I learned about Bitcoin a long time ago when the price of Bitcoin was very low. Still, I could not hold a good amount of Bitcoin even though I had the opportunity at that time. Our emotions never stop us from investing in anything at the time of startup and holding them for a long time. And we always lose to our emotions. We made the same mistake in the case of Bitcoin.

Selling Bitcoin early may sometimes not be the issue actually but the problem may be on the prices at which you sold, you could sell early and prices layer crash down to favour you, at that point, it will not be considered that you made a wrong decision, prices can be volatile of which that is the fuel for the market but that does not mean bad decisions or wrong trading, such moves does have two sides, one that favours you and tha other that may go against you, either ways, it is the movement of price.

[Maslate]

I think the biggest mistake I made with bitcoin is not believing it at first. Well, I guess it also goes out for majority as the bitcoin future is very unclear way back then, that's why its not surprising why everyone get amazed with bitcoin these days seeing how high its potentials to keep surging high, that is the total opposite we predicted bitcoin before.

However, the important thing is, I won't repeat doing the same mistake again and won't doubt anymore the potentials of bitcoin.

[GeorgeJohn]

<..>

Selling Bitcoin early may sometimes not be the issue actually but the problem may be on the prices at which you sold,

The price you sold it doesn't matter, because you already have target of when to sell your bitcoin...They're different between holding bitcoin for long-term and holding bitcoin for short-term, people who have target of short-term always be inquisitive to sell in order to make a profit..

you could sell early and prices layer crash down to favour you, at that point, it will not be considered that you made a wrong decision,

Experience investor knows the scenario you portrayed..but every one is inquisitive to sell its bitcoin without considering the market, it's unexperienced investor that will rush and it bitcoin without a proper search of bitcoin future prices.

[Odogwu-Blockchain]

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 seems you may be new in the space, although your perspective works it's way out, based on a product to offer then, the source of it is the major priority, Fiat or Bitcoin?

What I can actually say is, consistency, bagging Bitcoin is the best thing an investor could do, even though having less than usual.

[Myleschetty]

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.

Since trading is what you engage in, you won't be able to hold Bitcoin for very long unless you set aside a portion of it for long-term holding. The basic idea behind trading is to profit from market trends rather than to hold the asset for an extended period of time.

[Seven Star7]

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.

I have not made any mistake with Bitcoin. I have been in love with Bitcoin since I heard about it. I never regretted learning it late because maybe I was not qualified for it at that time. Now I have learned about Bitcoin and Bitcoin is in a good position to invest by dumping it from its highest position. If I try now and my attempt fails, then I may regret it later and that regret will be appropriate. I am trying to invest in Bitcoin. I will invest in Bitcoin little by little. I have not entered the trading platform yet because my trading experience is not much.