I think it is a very common and natural mistake because everyone must have a factor that can make forget because there are too many passwords, and not backing up the private key that is given to see the wallet used.
This is the common error these days for losing money in the world of crypto currencies. This is at the same time very silly mistake on the part of investors or holders and they cannot blame anyone for this since they have themselves created tough passwords for their accounts and their wallets. When you are dealing with multiple accounts, what my suggestion is having same password for all accounts. 
Topic: Five common mistakes made by Bitcoin users - page 4. (Read 4190 times)
Five common mistakes made by Bitcoin users:
1) Not planning Trades,
2) Not doing Research,
3) Investing more than they can afford to lose,
4) Not spreading position,
5) Over-trading.
1) Not planning Trades,
2) Not doing Research,
3) Investing more than they can afford to lose,
4) Not spreading position,
5) Over-trading.
I think forgetting about passwords on wallets is really a deadly sin among us cryto currency investors. Next would be buying when the prices are at its peak, or selling when the price is at its lowest. Lastly it is when investing without even studying the coin they are investing on. I hope we learn from our mistakes.
1. Do not remember electronic wallet password
2. Do not back up your wallet
3. Do not research new services
4. Buy and sell based on feelings
5. Leave your money in the electronic money floor
Having only one BTC address, Not Using Two Factor Authentication on the web wallet is also a common mistake that often done by bitcoin users who look spele while very influential when the security of our wallet is less awake then reiko loss of bitcoin will be great. 2. Do not back up your wallet
3. Do not research new services
4. Buy and sell based on feelings
5. Leave your money in the electronic money floor
another mistake
instant buy instanst sell , panic when trading , never research about some web and the end its getting scammed
instant buy instanst sell , panic when trading , never research about some web and the end its getting scammed
These are common mistakes for novice investors.
But I think it is necessary to put the BTC on the exchange because it can be traded! If you miss your trading time by placing BTC in your wallet, you will lose money because of this!
But I think it is necessary to put the BTC on the exchange because it can be traded! If you miss your trading time by placing BTC in your wallet, you will lose money because of this!
This is a great help or reminder for those who have not committed mistakes and for those who have already committed such mistakes. Thanks for the great post!
5 mistakes that we get involved in bitcoin is that we often forget about the account and loss of account, we often mistakenly keep the account address wallet and prive key code than we or Forgotten between items when joining the post
1. Do not remember electronic wallet password
2. Do not back up your wallet
3. Do not research new services
4. Buy and sell based on feelings
5. Leave your money in the electronic money floor
2. Do not back up your wallet
3. Do not research new services
4. Buy and sell based on feelings
5. Leave your money in the electronic money floor
I did some of those points when i was still new to bitcoin.
My other mistakes :
1. wasting times on faucet which is not worth the time.
2. leave most of my bitcoin on exchange (glad that i managed to move my bitcoin before the exchange went scam).
I would add that they became lazy if they didnt see a fruits right after few days passed, so dont know how to wait for an income.
common mistakes made by Bitcoin users:
1. It has only one BTC address.
2. Not using Fee.
3. Forgot to check the amount of the BALANCE sent and the amount of Fee.
4. Not using Two Factor Authentication on web wallet.
5. Store large amounts of BALES in web wallets and mobile wallets.
Waste time on faucets (we all did
Collect dust and pay high fees on it
Leave coins in an exchange
Trust the wrong people and get
Panic at a price correction
For now most users are too easy to panic because of getting negative news, this is what makes bitcoin prices continue to be corrected making it difficult to reach $ 10,000, but in general I'm sure that bitcoin prices immediately skyrocket. Collect dust and pay high fees on it
Leave coins in an exchange
Trust the wrong people and get
Panic at a price correction
You missed the most important:
#1 leave your money on an exchanger
#1 leave your money on an exchanger
Leave your money in the exchanger and then the exchanger goes bankrupt. What would you do if that happened?
1. Do not remember electronic wallet password
2. Do not back up your wallet
3. Do not research new services
4. Buy and sell based on feelings
5. Leave your money in the electronic money floor
The most common mistake a bitcoin user can not remember is the password of the account, wrong post and repetitive post, can not remember the password of the wallet, even remember the name of the account and misspelled and wrong. 2. Do not back up your wallet
3. Do not research new services
4. Buy and sell based on feelings
5. Leave your money in the electronic money floor
When I first started to know bitcoin and cryptocurrency, I forgot my private key. But luckily I just lost a bit of bitcoin in it. It was an experience that newbies should avoid. What makes me so upset is that investing in bitcoin will bring in a lot of income. Making money is not as easy as you think. Be smart in your way of making money.
It is a good thing that you have learned from it and you only lost a small amount of bitcoin, unfortunately not everyone is so lucky and there have been cases of people that lost a fortune in bitcoin back in the day and now that the price is so high they have lost tens of millions of dollars just because they did not protected their private key, so make always sure you have a backup just in case. 
I think it is a very common and natural mistake because everyone must have a factor that can make forget because there are too many passwords, and not backing up the private key that is given to see the wallet used.
1. Do not remember electronic wallet password
2. Do not back up your wallet
3. Do not research new services
4. Buy and sell based on feelings
5. Leave your money in the electronic money floor
Almost all happened to me when im starting except number three. First i forget to copy my private then when i received my reward the problem is i dont have a chance to sell it. And also at the beginning i also dont back up my wallets. And lastly i sold my tokens even at low price i didnt think it will rise after a day. 2. Do not back up your wallet
3. Do not research new services
4. Buy and sell based on feelings
5. Leave your money in the electronic money floor
I also know of this important mistake that people make, and that is leaving your money at an exchange for a long time without any immediate intention of transferring or trading. Your money could be at risk of hack attacks.
If they continue doing it and not learning by the lessons from that scenario, I think they will become such a failure of bitcoin profit seeking opportunity for now. I agree that storing your coins at your ethereum wallets can be safer if you try to do it long terms and avoid storing at trading sites so that you will not be stressed thinking about the growth of your funds.
1. Do not remember electronic wallet password
2. Do not back up your wallet
3. Do not research new services
4. Buy and sell based on feelings
5. Leave your money in the electronic money floor
2. Do not back up your wallet
3. Do not research new services
4. Buy and sell based on feelings
5. Leave your money in the electronic money floor
This is true, you have to be careful because bitcoin is money. If you have a lot and you lost it, you cannot have it back. If you invested a lot on it, everyone should remember these five things listed above because it is indeed important. Thanks for the tip and reminders.
Waste time on faucets (we all did
Collect dust and pay high fees on it
Leave coins in an exchange
Trust the wrong people and get
Panic at a price correction
Collect dust and pay high fees on it
Leave coins in an exchange
Trust the wrong people and get
Panic at a price correction
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