First of all, partecipating to some ICOs. That was really a waste of money.
The second one was selling 100k NXT at 2,000$, when I could wait 1 year for selling at 100,000$
But I needed money, so... Amen!
Topic: Mistakes That Make You Poor Poor In Cryptocurrency - page 36. (Read 6931 times)
I made a couple of mistakes.
First of all, partecipating to some ICOs. That was really a waste of money.
The second one was selling 100k NXT at 2,000$, when I could wait 1 year for selling at 100,000$
But I needed money, so... Amen!
First of all, partecipating to some ICOs. That was really a waste of money.
The second one was selling 100k NXT at 2,000$, when I could wait 1 year for selling at 100,000$
But I needed money, so... Amen!
it's already at risk in the crypto world if we're not careful, I think phishing sites are the most dangerous therefore we have to be careful. anything related to your online site should be careful.
Just to add up also. I have a friend who holds his token for a very long time. He thought that he would get more if he holds it for about 6 months and up. But, the price of that token has been decreased. and now he just earned a very small amount from it. so don't hold your token too much.
Yes. Buy and hold only works for a few cryptocurrencies - bitcoin, ethereum, litecoin.
Most of the others are pump and dump coins - so if you are in profit with your coin, sell and crystallise the profits, before the coin dumps down again.
With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is:
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
Not making many backup with my keys intend to cause a problem for me, it takes me a lot of time before finding where did I put a it. And because of that I have learned my lesson and now I make sure that I have put my back up keys in a safe files and easy for me to find.
With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is:
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
other mistakes make it difficult for people or bitcoin users because they do not think they are right and they use it improperly and decide on wrong and negative thinking so they become difficult because of that attitude 1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is:
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
Most of the people are being hacked because of the phishing sites, there are a lot of scam sites mostly in airdrops so i always prefer working on bounties like signature more than looking or participating in airdrops.
fraud, it is a risk, you should be more observant and clever in choosing investment place, ico, airdrop or the other
1. Not diversifying the investments.
2. Giving more importance to the price of the crypto coin than its market capitalization.
3. Investors cannot spend much time in this market as it fluctuates highly, the knowledge of which should be possessed by them.
4. A very common mistake is that people always search for crashed coins, expecting it to rise to the high price.
The one that I see often is the phishing scams with online wallet, like mew.
With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is:
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
And also by trading without any education or any experiences to back you up. You should also put your emotion as your number one enemy that is ruining your portfolio.
With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is:
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
yes, we can not avoid mistakes but this is the reason for you to go to the chin, you can do it again and continue what's gone
With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is:
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
That is what happening to us if we don not learned a lot more about crypto currency, all information about how to handle with this? is on the computer and cellphone so we give time to study about the xwhole story of crypto currency to avoid experienced problem like this.
The multiple offshoots of bitcoin could cause poverty. Understanding how bitcoins works also needs training. Lack of knowledge to know when to purchase and sell is another is another critical factor, so as not to dump
Yes.You should first monitor the market and know its situation before buying such coins which you intend to hold.And make sure you know the worth of the coins you are buying,not just they are cheap and turned into shitcoins later on.And lastly,stop being greedy.It would be the biggest factor that would really bring you into poverty. 
Just to add up also. I have a friend who holds his token for a very long time. He thought that he would get more if he holds it for about 6 months and up. But, the price of that token has been decreased. and now he just earned a very small amount from it. so don't hold your token too much.
Mistakes cannot turn you down in fact it can be you at the top why? because in a mistake you can learn from it so your mistakes can be lessen and avoid you from doing wrong,.Here in cryptocurrencies lots of winding bush but if you have faith and forgive yourself through mistakes, i know you can survive and be one of the succesfull too.
The multiple offshoots of bitcoin could cause poverty. Understanding how bitcoins works also needs training. Lack of knowledge to know when to purchase and sell is another is another critical factor, so as not to dump
With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is:
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
Good List but you missed the main one, it is GREED! That is one factor which makes us poor while investing in cryptos. I know a lot of people who had bought bitcoin during late 2017 and proudly announced that move in facebook with a lot of hashtags. All of them are in loss today. SOme of them even used their credit card to purchase bitcoin hoping to make astronomical profit to cover the credit card interest fees and enjoy with the rest of the money.
GREED is one factor that drives us towards unrealistic profit making businesses. If greed is the factor that drives your instinct, you are pretty much doomed before you even start.
With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is:
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
Most of the people are being hacked because of the phishing sites, there are a lot of scam sites mostly in airdrops so i always prefer working on bounties like signature more than looking or participating in airdrops.
fraud, it is a risk, you should be more observant and clever in choosing investment place, ico, airdrop or the other
With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is:
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
Most of the people are being hacked because of the phishing sites, there are a lot of scam sites mostly in airdrops so i always prefer working on bounties like signature more than looking or participating in airdrops.
With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is:
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
I think the main mistake and can make us poor is to be panicked sellers, because the panic can make us sell low. Be patient and do not make mistakes then crypto can lift us from poverty to get rich.
Mistakes is part of life and so does in the crypto industry what makes users of cryptocurrency unable to thrive in this space is they do not acknowledge the mistakes that they make due to greed, lack of knowledge or even deciding using their emotions. What they should do the make this mistakes a learning opportunities and do not get discourage because of it instead they should always think positively and make adjustment to what they are doing based on the mistakes that they have made.
My biggest mistake is to believe in the market trend. By the end of 2017, many people advised me not to buy Bitcoin. But I think Bitcoin could go up to $ 25,000 in January 2018. So I bought 3 BTC for $ 18,400
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