Bitcoin worst decision you will ever make? - page 12.

rio3233

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Activity: 434

Merit: 250

Quote from: yolanda222 on July 27, 2016, 11:28:58 PM

surely you have experienced the worst decisions when using bitcoin?

then what was the best decision?

The worst decision i make with bitcoin is know about gambling and lose all my bitcoins because gambling, especially on dice sites, it's really cancer dude.

Fatanut

legendary

Activity: 1008

Merit: 1060

Worst decision was to believe on ponzi sites and think that they would pay me. I was so lazy those days and i want to earn money without doing much effort. The only requirement on HYIP sites is money and I do have some of that. Apparently all HYIP sites and bitcoin doubler sites will eventually become a scam site.

Mastsetad

sr. member

Activity: 672

Merit: 250

Best decision was to hold the coins for future when the price wasnt so high maybe it was around $300 or $400 that time.
And bad decision have been to invest in ponzi schemes where i lost a lot of bitcoins when i was new to it, used to work really hard to earn them and losing them on ponzi schemes was really painful.

yolanda222

legendary

Activity: 1190

Merit: 1013

My worst thing is to lose because of gambling: D

ObscureBean

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Activity: 1148

Merit: 1000

Quote from: ethereumhunter on July 28, 2016, 01:32:46 AM

Quote from: yolanda222 on July 27, 2016, 11:28:58 PM

surely you have experienced the worst decisions when using bitcoin?

then what was the best decision?

the worst is i bought bitcoin when its $660 and in the 3 hours later the rate is drop until $651 and in that moment i buy, i don't read anything news or take a look at the charts, i just buy, i don't know why. gezz i only wish in that moment and hope that rate is back and i can sell it to take a little bit profit. and when i login tomorrow, i see that the rate is back in $662, and i directly sold it at that rate. only little profit but i'm happy.

Haha, I totally know what you're talking about, I panic bought and sold so many times when I first got into crypto. I also used to set buy/sell orders before going to sleep and would often wake up to very bad surprises Cheesy

From time to time though I would make a nice profit, it's a pretty sweet feeling waking up and logging in to see that your order got filled overnight and that your balance is brimming with dollars/coins Grin

Edwardard

hero member

Activity: 1050

Merit: 681

Quote from: yolanda222 on July 27, 2016, 11:28:58 PM

surely you have experienced the worst decisions when using bitcoin?

then what was the best decision?

my worst decision was trading my bits at the wrong time. i sold about 0.6 btc at about 450$ rate and now just after a few months of selling my btc the current btc rate is at 650$. but i think every bitcoiner has suffered from such things. another mistake was gambling some big money and loosing it all. actually i was gone crazy on that day. i did both trading and gambling on that day but nothing came in my favour. and the best desicion.. hmm i cannot remember any best decision which i might have made. lol.

rphk

full member

Activity: 210

Merit: 100

worst decision i made on bitcoin was investing cloud mining sites , invested around 0.1 BTC , and cloud mining sites were turned scam that time i was new to bitcoin industry. lesson learnt is invest on legit sites which is promising and best is to earn bitcoin

MyBTT

sr. member

Activity: 378

Merit: 250

Mine wasn't that bad, but investing 0.1 into Genesis mining. Im still making a generous 0.000003 a day. It was a great learning experience, I guess.

Quote from: Rubberduckie on July 28, 2016, 01:47:10 AM

Worst decision by far was taking 3 bitcoins and putting it in CEX and
watching it slowly grind away as it was never ROI.

Best decision was buying 8.2 btc at $320 in anticipation to the halving then
selling some at $600 some at $650 and the last 2 at $700. Hoping to buy back
in if it drops into the $500's.

Congrats! What did you spend the profits on, if you did buy anything? Or are you going to hold it even further?

Rubberduckie

legendary

Activity: 1442

Merit: 1000

Worst decision by far was taking 3 bitcoins and putting it in CEX and
watching it slowly grind away as it was never ROI.

Best decision was buying 8.2 btc at $320 in anticipation to the halving then
selling some at $600 some at $650 and the last 2 at $700. Hoping to buy back
in if it drops into the $500's.

Ardenyham

legendary

Activity: 980

Merit: 1000

Don't Hesitate to Tip me for My Helps and Guides.

A Person's worst decision could be the investing bitcoin to an ponzi scam project, on a cloudmining etc..
but I was very possessive with my bitcoins. I never invested so much in any project without proper research and knowledge. so I didn't lost much.
but it didn't mean that I never took any bad decision. I also lost few bucks. but over all this is nothing.

Quote from: 7788bitcoin on July 27, 2016, 11:46:38 PM

Quote from: yolanda222 on July 27, 2016, 11:28:58 PM

surely you have experienced the worst decisions when using bitcoin?

then what was the best decision?

The worst decision was to keep most of my BTC in an online wallet which I did not hold the private key. Luckily the amount was still consider small and I lost them after the online wallet went offline... Now I keep most of my BTC in offline cold/paper wallets (maybe this is also not a wise decision??)

No. now this one is wise decision you took finally.
saving money on online wallet id not really safe. this thing stated and suggested by so many peoples and so many times. but peoples are still not ready to listen this.

using online wallet like blockchain.info, coinbase and xapo is only good when you are confirm that you'll spend these coins.
but using these wallet for store big bitcoin for long time is worst thing in my openion.

Joel_Jantsen

legendary

Activity: 1988

Merit: 1317

Get your game girl

Quote from: yolanda222 on July 27, 2016, 11:28:58 PM

surely you have experienced the worst decisions when using bitcoin?

then what was the best decision?

The title,thread including the content is totally misleading.Not sure if you want to know the best decision I have taken with bitcoins or the worst.I will give you benefit of the doubt :

>Best Decision : Stopped Paying service taxes on all my primitive Internet Marketing Payouts after switching to bitcoin payments.

>Worst Decision : Invested and lost a good amount of bitcoins while trading altcoins.Never again.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: yolanda222 on July 27, 2016, 11:28:58 PM

surely you have experienced the worst decisions when using bitcoin?

then what was the best decision?

the worst is i bought bitcoin when its $660 and in the 3 hours later the rate is drop until $651 and in that moment i buy, i don't read anything news or take a look at the charts, i just buy, i don't know why. gezz i only wish in that moment and hope that rate is back and i can sell it to take a little bit profit. and when i login tomorrow, i see that the rate is back in $662, and i directly sold it at that rate. only little profit but i'm happy.

ronaldo40

legendary

Activity: 1554

Merit: 1014

Quote from: bitbunnny on July 28, 2016, 01:04:39 AM

My worst decision was to sell Bitcoin when the price was around 300$ and also some bad judgements related to trading. The best decision was to step into Bitcoin world at first place. With the time this will only bring good things.

I also did the same thing when the price $300, I sell my bitcoin. did not suspect that the price will rise very rapidly to $700. but this is not the worst my decision, the worst decision when I put money in HYIP investment sites.

davis196

hero member

Activity: 3164

Merit: 937

Quote from: yolanda222 on July 27, 2016, 11:28:58 PM

surely you have experienced the worst decisions when using bitcoin?

then what was the best decision?

My best decision was when i decided to use and earn bitcoins.

My worst decision was when i decided to sell 1 btc last year,when the price was only 300$ per btc.

I still regret for that. Sad

smho_16

sr. member

Activity: 420

Merit: 250

My worst decision was when I thought I was smarter than others and started to do trading with very little knowledge. I lost a really big amount of coins there but I didn't stop. I immediately go to bitcasino.io and played slots to lose all of my bitcoins there. A very black day for me which I remember as it was yesterday. Now I have quit both trading and playing slots and have start from the beginning trying to collect a few bitcoin.

BitcoinSupremo

copper member

Activity: 1442

Merit: 529

No worst decision yet except a few times when I rushed and the game emotions got me so I bet on some events without studying them first and lost a decent amount of bitcoin. I haven't make a worst decision regarding selling or trading my bitcoin as mainly I try to store them. But gambling is becoming something addictive to me , I guess I should stop betting on more than 1 soccer game per day. I should just focus on my tipping thread and bet on only that event I choose for the day.

plpbtc1526

member

Activity: 70

Merit: 10

Quote from: Pro Gamers on July 28, 2016, 12:34:50 AM

The worst so far i ever had is when i sold my 1btc at $450-$460 range back to 2015 i felt so dumb until now by having that mistake.

Well, i guess thats a win win situation there. But the important here is you have learned a lesson. Some are panicking because halving is coming. Thats a good choice tho coz if what the price drpp to $10-$50 and you have not sell it? Then thats the worse decision you will ever make.

bitbunnny

legendary

Activity: 2912

Merit: 1068

WOLF.BET - Provably Fair Crypto Casino

My worst decision was to sell Bitcoin when the price was around 300$ and also some bad judgements related to trading. The best decision was to step into Bitcoin world at first place. With the time this will only bring good things.

Kakmakr

legendary

Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

Buying Bitcoin was my best decision, but not buying more when the price was super low, will have to be my worst decision by far. I had the opportunity and the funds to buy a whole lot of bitcoins last year and I would have tripled my investment, but I chickened out. ^hmmmm^ That might not happen again soon, so I am out of luck.

groll

sr. member

Activity: 336

Merit: 250

The worst decision I made with my bitcoins last may this year 2016 when I deposit all of my bitcoins in a gambling site. At first it was okay since I was winning but due to the greediness within me, instead of winning I lost all of my bitcoins. It was the most wrong choice and regret ful decision I made

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