Topic: what you worst experience on crypto - page 12. (Read 4121 times)
It used to be a very valuable experience from following a project that only stopped halfway without any payment and also following a new token launch or you could say entering the ico program which gave confidence that later it would be successful, and when tryingbuy but there is no encouraging result..all hopes are destroyed by the outflow of capital to buy..
Bought BNB and price started dipping so bad i panicked and sold so i don't lose everything only for it to pump couple of days later. I was so furious
always in a state of having to wait a long time, every time I buy a few altcoins the alt prices always drop so low that I have to wait for a very long time. that's the worst thing I've ever had during crypto
Yes, it is really annoying when we have to wait a long time after buying some Altcoins because of a sudden deep market correction, I have also experienced that, but I don't think of it as the worst thing in crypto, because there are still things worse from that what I experienced in crypto, namely the project scam after the duration ends. 
always in a state of having to wait a long time, every time I buy a few altcoins the alt prices always drop so low that I have to wait for a very long time. that's the worst thing I've ever had during crypto
When I was in a bear market, I withdrew from the virtual currency, which caused me to miss many opportunities to make money.
In the days to come, I will come to study and do some meaningful things every day, and gradually increase my knowledge and earn more money.
take mistakes as lessons by evaluating what is right, and then use them to develop new effective strategies. btw, don't regret it, especially if it's needed to fulfill your life, at least give appreciation to yourself for working hard. I have also experienced it, selling tokens too fast because the price has increased, even though next week is the mainnet and the price is going up. at that time I didn't understand the flow of the coin or project launch, so I lost the right timing. In the days to come, I will come to study and do some meaningful things every day, and gradually increase my knowledge and earn more money.
I think our worst experience as people who engaged in the crypto world won't be far from scammers, thieves, and hackers. But as a bounty hunter especially, I experienced many unpaid bounties, arrogance bounty managers or developers, and manipulation. However, I make it a great experience that taught me to be stronger, wiser, and more meticulous in this crypto world. We can't trust anyone here, we need to guard ourselves and learn about risk managing. I try to become more selective in any project that I took or invest although it won't be guaranteed 100% that all will be perfect but yeah, at least I try to be better.
My experiences are just quite similar to yours. But i never regret having to enter into scam projects with all my sleepless nights because i always put in my mind that being here in crypto brings all uncertainties so i should not expect profits all the time but also losses and failures too. I have been here in this crypto market for quite long and i must say, i have become wiser and smarter with all those struggles i had faced way back then.
A bad experience at the end of 2017-2018 was the accumulation of various altcoins in my portfolio. I only accumulated and saved them, but did not fixed in the usdt. As a result, I received huge losses) This is my experience
I invested in ico which then disappeared into thin air then scam, i bought hash power for cloud mining which inexplicably then stopped, then i lost the access keys of a wallet where i had a fair amount of crypto (eth tokens)
An excellent case with a great outcome. In fact, it cannot be otherwise. Every path that a person chooses in his life, those decisions that a person makes in the future contain some mistakes, albeit small ones. But do not despair, about this, there is an excellent quote from one great man:
“The only man who makes no mistakes is the man who never does anything.”—Theodore Roosevelt.
“The only man who makes no mistakes is the man who never does anything.”—Theodore Roosevelt.
today i have massive experience so i know how to play the game. Lets share experiences so enrich newbies knowledge.
My problem that I have had is with p2p exchangers, and that’s the only mistake I have made in the crypto market that has to do with losing my money. Since then I have been very careful, and avoiding every potential. The mistake did hurt my feelings, but I learnt a lesson from it and that was how to know when there are scammers and where there are not.With that kind of experience, I was forced to make really good research and be able to tell when I’m falling into a bad projects and the ones that are good. But it’s always best to not experience things like that, best for you that you learn from the experience of others and avoid problems.
I think our worst experience as people who engaged in the crypto world won't be far from scammers, thieves, and hackers. But as a bounty hunter especially, I experienced many unpaid bounties, arrogance bounty managers or developers, and manipulation. However, I make it a great experience that taught me to be stronger, wiser, and more meticulous in this crypto world. We can't trust anyone here, we need to guard ourselves and learn about risk managing. I try to become more selective in any project that I took or invest although it won't be guaranteed 100% that all will be perfect but yeah, at least I try to be better.
My wallet was hacked because my PC was infected with malware and $ 5000 worth of eth was stolen. I'm sorry I didn't use anti virus at that time. it was quite a loss for me at that time. I think storing eth in a private wallet is the safest option. but in fact it also has hacking potential as well. since then I have preferred to use a mobile wallet such as trustwallet or mewconnect.
I think my worst mistake was creating a new wallet and forgot to save it then sending my crypto into it,
BTW this was back when I was just new in crypto and I was really excited about it the good thing was it is only small amount.
I also have some experience on buying crypto before they fall down and selling before they sky rocket this kind of mistake really frustrates me.
BTW this was back when I was just new in crypto and I was really excited about it the good thing was it is only small amount.
I also have some experience on buying crypto before they fall down and selling before they sky rocket this kind of mistake really frustrates me.
2 experiences that for me considered worst.
1. I remember when I'm still newbie in trading, there is this one news regarding Verge where they are partnering with Pornhub and at that time the price of it was surging very high. Days before the announcement I entered at its highest and since I'm a newbie at that time, I thought that it will rise even higher. When they announced it, it plummeted and half of my initial capital was completely gone. I just use stop loss when it was down half of my entry price. I can't forget that moment.
2. Pandemic crash. We know what happened in 2020 right?? We saw the market went down very bad especially Bitcoin when it went down from ~$8,000 to ~$4,000 in just 2 days. What I did at that 2 days?? I just watched the market while having regrets because at that time I don't have any spare money. That would be the worst experience for me because if only I have cash on hold at that time, it would be at least x10 at the present. Easy money but it didn't happen for me. After that, I adjusted already and I'm holding cash right now so that when the bear market happens then I have buying power to buy cryptos at a discounted price.
1. I remember when I'm still newbie in trading, there is this one news regarding Verge where they are partnering with Pornhub and at that time the price of it was surging very high. Days before the announcement I entered at its highest and since I'm a newbie at that time, I thought that it will rise even higher. When they announced it, it plummeted and half of my initial capital was completely gone. I just use stop loss when it was down half of my entry price. I can't forget that moment.
2. Pandemic crash. We know what happened in 2020 right?? We saw the market went down very bad especially Bitcoin when it went down from ~$8,000 to ~$4,000 in just 2 days. What I did at that 2 days?? I just watched the market while having regrets because at that time I don't have any spare money. That would be the worst experience for me because if only I have cash on hold at that time, it would be at least x10 at the present. Easy money but it didn't happen for me. After that, I adjusted already and I'm holding cash right now so that when the bear market happens then I have buying power to buy cryptos at a discounted price.
my worst experience happened recently buying one of the altcoins that are on dex bsc in large quantities, but the token cannot be resold, it's really something very reckless to trust a token just because it has more than 50k members on his telegram account.
Everything is still fresh in my memory, how I lost most of my bitcoins to Ponzi scheme to thinking it was a geniune investment because I was ignorant. That was when I learnt that what you don't Know is more smarter than you do.
My last bad crypto experience was based on my greed. It was January-February period probably. Bitcoin mempool was crowded by lots of transactions and I have decided to economize on fees. I've set something around 5 sat/byte fee and waited more than 30 days before transaction reached receiver address. During that time Bitcoin price managed to went up and down several times, and by the time transaction got confirmed, I've exchanged it, and in few days went up again...
When I was in a bear market, I withdrew from the virtual currency, which caused me to miss many opportunities to make money.
In the days to come, I will come to study and do some meaningful things every day, and gradually increase my knowledge and earn more money.
In the days to come, I will come to study and do some meaningful things every day, and gradually increase my knowledge and earn more money.
I earned a good amount then I decided to bought a coin 4 years ago. The coin seems to be promising. From a very low price it reached $60 each. It's price goes down then I bought 60 coins. After that, I used it in staking. I set to monthly instead of weekly so there will be no hassle for me to set it every week and on my computation, monthly has a higher profit. I noticed that its price is going down little by little but I ignored it because I believe on that coin. But after 3 years I cannot open the site anymore. It feels so sad that I the good amount I earned turns into nothing. It also become useless to me. I regret that decision I made. How I wish I can turn back time to undo that decision.
These kinds of foolish activities we done several times. Now we all know the old activity of scammers step without only a new one. We all face it at a time, but still we don't know the accurate time to sell. Now I'm at the point of average profit, definitely you can't gain the highest profit from all the altcoins. We could lose all our profit if we waited for the last moment.
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