Topic: What is your one memory related to Bitcoin that you want to forget? - page 3. (Read 394 times)

I was cheated out of several hundred dollars in bitcoin when buying hash online 3 years ago. Initially the hash worked well and provided me with income, but unfortunately within 1 week of running the platform started to have problems and in the end I lost all my investment. Just imagine if I didn't buy that hash and held that bitcoin in my wallet and didn't use it, maybe I would have gotten tens of thousands of dollars. I really regret it to this day.

Probably I wish I could forget that I remember reading about bitcoin some years before I actually decided to buy them, maybe it was 2013, something like that, it was a tech website that I used to check from time to time, and I remember that they had an article mentioning bitcoin, I remember reading it, but maybe it wasn't well written, maybe I didn't pay too much attention, anyway I didn't do anything about it. Some years later I read again about bitcoin but this this there were way more info about and it really got me intrigued, that's when my interest actually began. 3 years later probably...

Well, I think I want to forget the fact that I knew about Bitcoin far back when the price was around $1k, but I did not buy it then. Also, I want to forget that I could not find myself or my way to this forum when I first heard about Bitcoin. If I had had those two opportunities then, I probably would have been more educated technology-wise than I am now. I would also have become friends with some programmers here. Although this is not some word of regret or anything, as your topic said, it is something that I cannot forget, even if I want to.

As long as I know Bitcoin from the beginning until now, I don't think I have ever experienced any bad memories. On the contrary, bitcoin has helped the economy for me and my family. Although my main bitcoin assets are still unsold because I personally am still waiting for the upcoming bull market.
But so far I consider bitcoin a very helpful investment asset. Because with bitcoin I became aware of this BTT forum.
Therefore, I hope Bitcoin remains a blessing for me personally and also for my family. Because if you look at other people's experiences in the bitcoin realm, quite a few have been deceived by certain individuals. So, I am very grateful because I am always given luck and security in investing in Bitcoin.

All the smoothness that I experienced while getting to know Bitcoin until now, maybe it's all because I don't interact too much with people who are involved in the world of Bitcoin, both in the real world and in cyberspace, (except in this forum). So, when I was a beginner in the field of bitcoin investment, I never tried strange things like sending bitcoins to people who were able to make my bitcoin assets increase many times over. However, at that time I only focused on studying all knowledge related to the world of bitcoin and also focused on continuing to collect cold money to invest in bitcoin.
So maybe because of that, I personally can avoid fraudsters in the bitcoin realm.

My painful experience was when I didn’t take the bold step to invest in eth in 2020, even when Bitcoin was making its moves, I saw the chance to invest in Eth when it was below $100 as at that time, I tried talking to my brothers about it who were not crypto inclined as at that time, my effort to convince them was in vain rather they discouraged me about investing saying it was an audio money and they don’t believe buying a coin will make them rich. Due to my ignorance and lack of knowledge I was discouraged and use the money I wanted to invest with on something else. Till this day I still regret not following my intuition,  Eth is now over $1000 I would have accumulated a lot of wealth if had make the move on Eth, my brothers now believes in crypto and they feel so sorry discouraging me into investing in Eth years back.
  Now I have better understanding about the crypto space, I enroll in classes and also fix my self where I can get information about promising crypto projects. I know it’s not too late for me to step in, I even told them this, and now we are all ears down to hear waiting for opportunities to dive in. The bottom point of my story is try to get your fact right do more research about the project your looking to invest. Ignorance they say is a disease and it’s what cause most of us not to partake in the last bull run, but then the interesting thing about the space is that is never too late to step in they are other promising projects in the spaces one can acquire wealth, we just need to find the right projects to invest in.

My first time of using bitcoin was to make a payment to my scammer. I actually sent fiat to someone who bought bitcoin and sent it to my wallet and I sent BTC that approximately worth 0.2BTC to scammer. After everything turned out to be a scam, I was pained because I lost a few thousand dollars. But when I later understood what bitcoin is and remembered that I once lost 0.2BTC, I alway tend to cry. It is not a nice memory to me.

Assuming I wasn't scammed and I used that money to buy bitcoin and hold, by now, I should be able to own 1BTC.

To be fair, that line of thinking surely saved your rear more than once, right?
(right?)


The old saying goes, everyone in crypto is a trader, but almost nobody in crypto is a professional trader.

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Anyway, I guess wasting my time with faucets that paid out satoshis is probably something I'd rather forget about, especially since I could've been doing some actual work.

The first time I received some Satoshi into my Blockchain wallet will remain one of my most memorable day related to Bitcoin, I still remembered that day with nostalgia, I don't think I ever forget that day when I did some faucet task then and having newly open a new wallet guided by google and pasted my address to the sender Lo and Behold I opened my wallet and saw some Satoshi with decimal value that was Bitcoin in real time, that first payment motivated me to continue with the task even though the amount of small then but it was a very memorable experience that worth sharing here.

I have forgotten it but not to really forget it because it is one of the memories where I also made Bitcoin. Cloud mining is one of the scams that has happened to me. In those years, cloud mining was very popular and did provide decent results, especially if we could have large hash power.

One of the popular ones is HashOcean, which is one of the biggest scams that I can remember. Many investors have lost a lot of money in that company but I also wonder if they could get a return before they got scammed. In my early years of getting to know Bitcoin, apart from playing with the faucet, I also used cloud mining to earn a lot of satoshis.

Another thing is when I still have the opportunity to see the price of Bitcoin at $200. At that time, I didn't buy it because I didn't have enough money but I played around on the faucet, which allowed me a lot of Bitcoins. Well, I was quite lucky at that time because the faucet was still giving 0.01 BTC or more a day but the price of Bitcoin was also still very low.

 My biggest mistake was staying in altcoins during a bear market. The original plan was to sell everything and buy bitcoin, but the bear market began and I did not have time to do this, then I decided to wait, with the hope that the market would recover, this did not happen and I spent the entire bear market with altcoins, I suffered huge losses, lost a lot of bitcoins. This is a lesson that will always be with me - never try to hold altcoins - this is the worst idea.

I only regret the several mistakes I have made for myself through several exchanges, because in the past I more often entrusted certain exchanges to store assets. Even though that was the wrong way, I started to change the pattern to be more different by taking all the assets on the exchange and moving them into my personal wallet.

Apart from that, I was also deceived by an unknown person via email who offered me many benefits, but he shared how it worked via a phishing link which made me have to reset the device that I was using at the time. Because he managed to take all my assets even though at that time I didn't have many crypto assets and the rest I had also made a mistake with a withdrawal which resulted in losing assets due to adding the wrong wallet. However, I consider this a normal mistake which can make me learn to be more disciplined and also be more careful so as not to experience the same thing again in the future.

The one thing I always want to forget that is related to Bitcoin, was when I was hooked on online casinos. I'm using BTC to wager, I spend so much on it as the price of Bitcoin is not that high. But then seeing the price of Bitcoin from 2017, the price of Bitcoin suddenly goes up.
I want to forget what happened to me that time as I regret what I did. I spend a lot of money instead of holding it. Anybody might say during that time it was still not valuable, but still, if only I hold it I may be able to spend it in a better way.

not buying again after Bitcoin's price crashed in 2018 after the ATH in 2017, I had the funds to buy at least 1 bitcoin at the time, and I wanted to buy but I didn't do it because of FUD.

not that I want to forget this memory even though every time I remember it, I feel some kind of regret for not going through with what I wanted to do.

It is when I have ignored buying when I was still new. Not buying a lot is one of my regrets because I was still trying to learn what Bitcoin was when I was still a newbie. Because of the proliferation of scams and unknown schemes, that had made me not purchase a lot even though I am not rich but has a little savings several years ago. But still, I was able to stay on Bitcoin and learned along the way on what Bitcoin really was and those skeptics like me for a short period of time or not really a skeptic because I was still unsure probably have the same thoughts during the early days.

I’ve had plenty of negative experiences. I’ve invested in shitcoins, lost way too much gambling, got scammed a few times. I’ve learned important lessons from these mistakes so I wouldn’t necessarily want to forget them but it’s something I’ve compartmentalized in order to avoid feeling distressed about it. 

I think it would be the time when I thought DodgeCoin was a waste of money and I could have bought it for next to nothing.    I also did the same with Shiba Inu ...when it came out and after Elon Musk hyped it, the price went balistic, so I would have made a killing if I bought a shitload of those tokens. 

In the beginning Bitcoin was King and in the opinion of many Bitcoiners.... all other Alt coins were shitcoins, so we never bought any of those coins and missed out on a lot of profit. 

Bad memorized and difficult for forgetting related to Bitcoin when first time investing on hype project investment, did you heard about MGM investment? I use many bitcoin invested there and bad memorize when looking with my bitcoin deposit fund history and want to get back my fund. First time I know with bitcoin trough MGM investment and have positive viewed because I can earned another way trough bitcoin investing or trading not only for payment with MGM hype project.
Another bad memorize when selling bitcoin still in lower price, but all bad memorize could be experience to be better in the future with bitcoin investment and actually earn much profitable as possible.

One thing in my memory way back 2017 that I want to forget is not having a back up copy of my wallet address and keys. That's one of the worst thing that happened to me when I was a beginner in
blockchain, bitcoin and crypto world. My desktop was accidentally reformat and All the coins that I acquired in bounty campaign, white paper translation and some side hustle in crypto was loss in just a snap. I don't have any back up which resulted of losing huge amount of money. Charge to experience and one of the biggest lesson for me.

Just like when I was a beginner, and at that time I was still very easily tempted by altcoins and new altcoins. And when the market was bearish, the altcoins I owned experienced huge losses, plus several new altcoins ended with nothing.
However, as time goes by I understand that when the market is bearish, altcoins experience sharper and higher declines and losses compared to Bitcoin which only experiences small losses. And all of these are very valuable lessons and they all start from beginners because we learn from babies who can just crawl until we can stand and run.

1. Beginning of bear market after my first profitable trade.
2. I want to forget my initial losses when I played on bitcoin casinos. It hurts me nowadays too, but I will try to forget it because if I tried to recover it I know I will lose what I have now.