Topic: What is your one memory related to Bitcoin that you want to forget? (Read 394 times)

I first heard about Bitcoin back in 2014. I had a few great chances to acquire some Bitcoin by playing games and solving captchas, but I didn't pay much attention to it. Instead, I was fully absorbed in playing pointless games and overlooked these opportunities. Then came a second opportunity when my best friend approached me with the idea of investing in Bitcoin when its price was only around $500. These could have been two fantastic opportunities that had the potential to completely transform my life.

Even if you buy it is a very good decision because we are still in early stage. Most people cannot think about long term investment even with mutual funds. But the people making highest profit with investment are only long term investors. It involves less tension also.

I still don't have many memories of bitcoin because I'm still new to bitcoin but actually regardless of whether it's a good memory or a bad memory I think I won't forget about it because for me everything that has happened including some stupid self-defeating actions that make us lose the bitcoins we save because of some things that also cannot be completely forgotten. because precisely with that will bring up a new experience and we can improve such behaviour so I will not forget about something like that because it is also useful even if it is a self-defeating action before.

I would like to forget the losses I had for scams, gambling and the lost opportunity of acquiring more Bitcoin when it was still pretty cheap on the beginning of crypto market. To remember I could have purchased several BTCs back then, which would proportionate me to be a millionaire right now is somehow painful, although I don't think about it often, even because it won't change anything in the present moment. I believe we have to move on and do the best we can with the currently opportunities we have in our range. Memories can't be completely forgotten, but we can decrease the intensity and frequency we access them, and that is already enough to not suffer for past events.

There are two memories I want to forget, or, let's say, regret the most. First is the common problem of sending bitcoin assets. What happens here is that because of careless action, instead of sending the bitcoin to my other wallet address, it turns out my wallet address is wrong; it has a few missing letters in the end, which results in losing my asset. But thankfully, it's not that much, but I still want to forget about that mistake. Send is trading in bitcoin. What happens here is that I trade bitcoin while I'm drunk. I don't know why I did, but maybe because of the influence of the alcohol. I see the trade bright red in the morning, and my reaction is slapping my face or face palm. Instead of hoping that it will recover, I close the trade. And that is the most dumbest mistake that I want to forget in relation to bitcoin.

Bitcoin doubler, during the time that I entered bitcoin market, there's a lot of scams already, but one of the earliest is the doubler, not sure if anyone has the chance to witnessed it early in their career here or if this scam is still going on till this day. But I vividly remember that during those times there are a lot of bitcoin doubler than you can find and I fell victims to it.

Of course I was very gullible and I still very green that time. And I thought that I can make easy money but investing on this doubler. In the beginning they are really paying, so you will be entice to not withdraw the money but to roll it out. But before the second payment was to be made, the site suddenly went offline and then they say it's on maintenance. However, it was a exit already and after that it's gone and so I learn it the hard way that's why till now I can't forget that experience.

Same on what I have experienced, I was to complacent that time because I know that I secured all the wallet ID to a private filed in Hdrive but suddenly a fortuitous event happened, there's no notification about software update or what, All the wallet ID has been lost in a blink of an eye. Charge to experience that's why today, I have At least 3 Back up for my Files because we didn't know when it will happen again.

I kinda relate to what you've said. I have the same situation where there is a certain site or wallet, I lost my private key because I was unable to save my private key and then suddenly I experienced a problem with my computer. While using my computer, it turned to a blue screen and needs to reformat. Every file on my computer needs to be erased. Even now, I want to forget about what happened by then.

That's just one of many lessons in life, I think there's nothing sad because thanks to those times of losing money, we become more mature. I believe that no one is talented and smart enough to participate in the financial market without losing money or investing in scam projects...Anyone who wants to grow up needs to go through it and consider it an experience instead of being sad about it. Furthermore, there are still many opportunities for us now and in the future, just persevere and stand up after each fall, we will be able to regain what we lost in the past.

A lost private key is the memory I do not wish to remmeber, when Bitcoin was at its early days, I had a wallet I often used for all those shitty Bitcoin mining sites, I lost the private key to the wallet and it really did hurt as I believe I have some coins in there. Also, the fact that I spent one Bitcoin subscribing to such a miner is a provoking memory

I wish to forget what happened before, when I was scammed out of money from a bounty campaign, because I intended to utilize the money to start a business and invest in other coins. But when I continued to think about my money, the bounty award I received turned out to be a scam. That ruined my plans; I was shocked and can't believe it. I moved on, but it still hurts me now and then, so that's what I wanted to forget.

That is the downside of investing in altcoins or shtcoins if you don't have any idea about the background of the coin and the team before investing on it. There's actually some good altcoins that we know and it's actually good to invest as well, but they can't never be better with Bitcoin. There's actually nothing wrong with investing with altcoins as long as you know the coin, and also by just simply doing 70/30. 70 for the Bitcoin and 30 for the altcoins, that way you can still accumulate Bitcoin while risking some of your money.

It seems understandable that you were not very willing to believe in bitcoin taking into account you have been burned recently, this is a very natural instinct and we have it precisely to avoid falling into the same kind of trap twice in a row, besides bitcoin is the kind of asset that can sound to be too good to be true for many people, and while in the majority of the cases those are scams in the case of bitcoin this is not the case, however what matters is that you are aware of its value and now you can invest in it free of any of those worries.

Recovering lost money with another game is not a good choice. One should have a steady source of income for this.

If a person recover his lost money then he forget about his failure in past but if he fails to recover the whole money and again face losses then this reality is unforgettable. You should have to invest in bitcoin instead of playing on bitcoin casinos so the money you spend on casinos will be doubled now but as you miss the chance so forget about it and move forward because thoughts about past can discourage a person.

Don't try to recover your money in casinos because its a risky way but there is a choice for you that if you invest in bitcoin you will make a huge profit that you will easily forget you past failure. Recovering money has many ways therefore try to avoid casinos and if you have money as well as time so invest until next Bull run hopefully you will earn a big return.

I feel that all people new to Bitcoin do this same mistake. I have also faced this loss but amount was small.

My biggest regret uptil now was missing out on the opportunity to Purchase bitcoin few years back when it was more cheaper, i had a close relative of mine who liked me and he was into cryptocurrency and wanted to teach me about it. He even laid more emphasis on acquiring Bitcoin and some few alt coins. That year alot of things happened in country, different investment platforms came into life and they all got people scammed all over the country so a lot of people were scared of online investments of any sort. I was also scammed in one of these platforms so i was scared to invest in any other platform so i didn’t take Bitcoin seriously and thought it was no different from the other scam investments.

This relative of mine tried to explain it to me properly and he also tried to prove that bitcoin was different and special but i didn’t give him listening ears. Few months later bitcoin became hot and more popular and i was seeing and hearing how people made a fortune out of it but despite that i still didn’t invest. Few years later i got interested in it but it was too late for me, this relative of mine passed away and i had no one to put me through so i missed out for a couple of years but i am lucky to have finally started my bitcoin journey. It is better late than never.

I was not aware of PumaPay had become a scam. I remember it being really hyped up and they even had a partnership with Pornhub. The ability to make recurring payments with crypto was fascinating but I expected them to fail because this system would only be possible through their own wallet app and you could only use their shitcoin for payments. While I'm glad to have avoided this scam token there are a few other ICOs which I immensely regret having invested in.

I had one of the worst experiences. I have invested in one of the shitcoins called Pumapay on Bittrex. When I invested, the bitcoin price was approximately $17K, and I invested about 1.5 bitcoins. When the bear comes, my funds are gone. I wasn't about to sell at a loss, so I held it. Then, even after a long time, when again bull came, the shitcoin was still dump. Actually, the team scams investors. Eventually, I sold everything for $100. So it was the biggest scam, and I lost everything. This is the memory I want to forget about how I lost my bitcoin. After that, I was very careful about my investment. I don't like any shitcoin except Bitcoin right now. So far, I have found that Bitcoin is real; all others just pump and dump.

I tend to think the same, while we can wish that we did not made the mistakes we committed during our journey, it is precisely because of those mistakes that we could learn valuable lessons and avoid future mistakes, in my case I made the mistake of deleting a wallet which still had some bitcoin before I made my backup, I was really hurt at the time but as you may guess this is a mistake that is always in my mind when I create a new wallet and I have never made that kind of mistake ever again.