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Topic: what you worst experience on crypto. (Read 340 times)

sr. member
Activity: 2142
Merit: 254
November 25, 2021, 02:31:01 PM
#56
My biggest bad experience in crypto is related to DOGE. I lost a couple of thousands DOGE in ponzi shemes (trying to double my investment in 24h). Besides that, I sold 80% of my DOGE when it reached a price of 0.01$, as I thought this would the maximum price for DOGE... Everybody who is already long enough in crypto will probably have similar stories.
hero member
Activity: 2828
Merit: 611
November 25, 2021, 01:58:04 PM
#55
I have had no bad experience up to now. However, everyone might have a bad experience. And, please check your grammar while writing
That's good for you but usually everyone has bad days and bad times in crypto, we all did something that we regret, or we all faced something that we regretted. The important point after you did something wrong is not to be upset but to learn from it, as long as you could learn from it then you could be doing fine. I personally did many mistakes, and I am proud that I never did them twice, that us the important thing.

As the great saying goes, "fool me once shame on you, fool me twice shame on me". This is why I have to say it is clear to me that making a mistake is not something you should be ashamed of, making the same mistake twice is the real problem because that means you never learned from your mistake.
full member
Activity: 1260
Merit: 100
SOL.BIOKRIPT.COM
November 24, 2021, 02:01:23 PM
#54
worst experience and we have to be more careful when we are in the crypto world, because if we lose our assets we automatically can't find out who stole or took our assets..
.therefore the main key is not to repeat my carelessness in providing one of the codes that can access the crypto wallet which is actually already stored tightly..
hero member
Activity: 1946
Merit: 502
November 24, 2021, 12:52:06 PM
#53
Panic sell your coins for a very cheap price then under a few minutes the coin started to pump so high, also clicking on a fishing link with the hope that you are on the right link of an ido only to discover few minutes after you have sent your funds over that it is the wrong link and you have just been scammed,  this are very bad experience especially when you are a newbie.
hero member
Activity: 2408
Merit: 584
November 24, 2021, 12:06:14 PM
#52
The mistake we often make in investing in cryptocurrencies is when the target has been reached we do not immediately take profits so increase the next target. This causes if the price drops we will immediately panic. In trading cryptocurrencies we must be consistent in profit targets. There is no plan in making decisions. Don't change easily just because the target you achieve can still be higher. Consistent is no. 1.
That is something that I have done many many times over now. I usually do not get in with an "end game" in mind and just hold things for as long as I can, try to not get out as long as I can as well. That usually ends with me holding something from bottom to peak to bottom again.

I can't say that it is a great feeling, it is a very sad feeling but at the end of the day I also made a lot of money thanks to it as well. I can't say it is a bad strategy for me, it is not a great one but it is not a bad one neither. This is the method I made most of my profit so I know that I am doing something good, but almost all of that came from the top three coins, rest did go up and down and I should have sold at the peak.
member
Activity: 1302
Merit: 10
November 23, 2021, 01:41:12 PM
#51
No bad experience so far cos am still a newbie in crypto. Although scammers have been trying their possible best to scam and mislead me to invest in their scam projects through telegram. It has not been working for them based on the knowledge I have gotten from this forum. Big kudos to the btt forum anyway for imparting me with the desirable knowledge to research on a project first before investing. To differentiate a legit project from scam projects.
for me the work in the crypto world is not always smooth, there will certainly be a new wave, but it is for our new experience. Scammers will always create new things that are difficult to detect from the start, but we will find out how they cheat, such as buying coins on dex but can't be sold, there are still many people who don't know about this. In order to avoid this problem, we must know the solution..?
sr. member
Activity: 854
Merit: 364
stead.builders
November 23, 2021, 11:49:06 AM
#50
No bad experience so far cos am still a newbie in crypto. Although scammers have been trying their possible best to scam and mislead me to invest in their scam projects through telegram. It has not been working for them based on the knowledge I have gotten from this forum. Big kudos to the btt forum anyway for imparting me with the desirable knowledge to research on a project first before investing. To differentiate a legit project from scam projects.
It's very good start for you in crypto as you have no bad experience but still keep one thing in mind that this crypto world is full of hype and scams so just never enter any air drop or bounty where you have no good knowledge about this project or program. Good thing you have some good understanding of this all and doing good search here on this forum which is very helpful for all newbies because here few members doing hard work on many fake projects and scam air drops which are very helpful for all community. We need some more effort from ourselves as well for exposing these cheaters in this crypto community.
hero member
Activity: 1064
Merit: 501
November 23, 2021, 11:24:15 AM
#49
No bad experience so far cos am still a newbie in crypto. Although scammers have been trying their possible best to scam and mislead me to invest in their scam projects through telegram. It has not been working for them based on the knowledge I have gotten from this forum. Big kudos to the btt forum anyway for imparting me with the desirable knowledge to research on a project first before investing. To differentiate a legit project from scam projects.
full member
Activity: 1820
Merit: 107
November 23, 2021, 10:10:55 AM
#48
I have had a number of bad experiences in my crypto journey in the previous years namely;

In 2016 my custodial wallet was hacked and lost all my crypto, and in the same year I'm one of the victims of the Hashocean exit scam and lost some BTC
In 2017 I was scammed three times in the ICO it has become an exit scam. without any listing event,
In 2018 I was bought too many altcoins that turn out to be shitcoins and died in the process because I believe in the saying" don't put your investment in just one basket" But I was too confident and bought 15 coins and tokens that eventually die.
In 2019 depositing a token in Yobit that was lost and the sockpuppet support didn't help me.
 

 
jr. member
Activity: 41
Merit: 1
November 23, 2021, 09:55:27 AM
#47
Here i am getting to examined most exceedingly bad cases. Since part of individuals receiving to Crypto space and a few getting more and a few finished up with nothing. back 2017 i have no encounter and modern so a few execution not got timely. My most noticeably awful involvement was Not exit at the proper time. there was a ICO it gave me 10X. (6500USD) but i did not exit at the proper time so it went for 400usd. I sent ETH to obscure escrow. 200$ misplaced. scammers Not mindful of USDT. Its a really terrible experience. Not concern approximately Specialized analysis.
So nowadays i have gigantic encounter so i know how to play the diversion. Lets share encounters so enhance newbies knowledge.
Cheers


I have had no bad experience up to now. However, everyone might have a bad experience. And, please check your grammar while writing
sr. member
Activity: 2296
Merit: 256
SecureShift.io | Crypto-Exchange
November 23, 2021, 09:24:24 AM
#46
The mistake we often make in investing in cryptocurrencies is when the target has been reached we do not immediately take profits so increase the next target. This causes if the price drops we will immediately panic. In trading cryptocurrencies we must be consistent in profit targets. There is no plan in making decisions. Don't change easily just because the target you achieve can still be higher. Consistent is no. 1.
legendary
Activity: 2520
Merit: 1040
Catalog Websites
November 23, 2021, 09:06:36 AM
#45
In terms of getting scammed, I didn't experience it because I can distinguish which projects are scam and which are not. Maybe another thing is that I'm just lucky when it comes to investing into new projects and I'm not investing too much onto new projects because I'd prefer established coins. Lower risk and lower reward as well.

Probably the worst experience in my crypto journey is when I got FOMO'ed twice. I will not say what coin is it but I saw an announcement from them that they are having a partnership with a very famous company. In the end, it didn't went well for me because I bought the coin very late and I lost half of my initial capital on it. It happen not only once but twice. I feel regret from it that is why I stopped trading after that.
hero member
Activity: 1106
Merit: 509
November 23, 2021, 08:37:34 AM
#44
Everyone must have had a bad experience in the world of cryptocurrencies. especially those who have spent money to buy some coins but ended up losing. My worst experience was almost the same as yours, I didn't let go of the tokens I held when the price skyrocketed and I ended up losing the opportunity to earn $6k. This is the worst experience, which I made a lesson in the future to be even better.
Sometimes holding a coin for too long when the actual price has come to the coin will look very greedy, but it can still be obtained at other times if you let go for take profit of $6K at that time.
jr. member
Activity: 1876
Merit: 5
November 23, 2021, 08:18:44 AM
#43
For me, the worst time was when I first heard about cryptocurrency. And I, like many other participants in Internet projects, did not understand that the future would be behind digital technologies. It seemed to me that this is a fraudulent scheme that wants to take my money using this incomprehensible cryptocurrency. And I refused to believe it. And time passed and the cryptocurrency became everything more popular and more popular. And after a while I realized that I was wrong about this new technology. Since he could earn very decent money. But alas, time has passed, the cryptocurrency has become known and it has become much more difficult to make money with the help of cryptocurrency than before.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
November 23, 2021, 07:29:19 AM
#42
As a beginner of course at that time I didn't know much about cryptocurrency and its development. with an incident like that will be a lesson for me personally and for others of course.
Everyone who has grown up has always been inseparable from the bitter experiences they have gone through or have done in the past, even though everyone has different things in learning these lessons, so I think these things need to be said again at this time.
Indeed. We will have many experiences in our lives, including bitter or sweet experiences, which make us grow up and become wiser. When we have a bad experience in crypto, we can minimize getting the same experience by managing the risk that can happen to prevent it. It is normal if we do not have many skills in crypto because if we can learn more details, our skills will improve and we can adapt to many situations.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
November 23, 2021, 04:22:47 AM
#41
As a beginner of course at that time I didn't know much about cryptocurrency and its development. with an incident like that will be a lesson for me personally and for others of course.
Everyone who has grown up has always been inseparable from the bitter experiences they have gone through or have done in the past, even though everyone has different things in learning these lessons, so I think these things need to be said again at this time.
full member
Activity: 994
Merit: 100
November 23, 2021, 04:10:05 AM
#40
Everyone must have had a bad experience in the world of cryptocurrencies. especially those who have spent money to buy some coins but ended up losing. My worst experience was almost the same as yours, I didn't let go of the tokens I held when the price skyrocketed and I ended up losing the opportunity to earn $6k. This is the worst experience, which I made a lesson in the future to be even better.
legendary
Activity: 2758
Merit: 1004
PredX - AI-Powered Prediction Market
November 23, 2021, 03:56:00 AM
#39
I got a lot of experience in living life in the world of cryptocurrency. some of those experiences were bad experiences. some of the worst experiences I've had in the crypt world are

Scammer
It even exists today. so many scammers are trying to trap new users, or even old users. some of the things that happened to me were investing in ICO projects which ended up being a scam, and also some coins that became rug pulls. I'm pretty sure that some people have felt this way.

Phishing Site.
this is still part of the scammer. they even created a site that is very similar to the original site, so that I didn't notice it. this happened a few years ago. when I log into a phishing web from blockchain.info. about 0.15 btc i have lost there. Well, at that time the price of bitcoin was not as high as it is today.

Expensive fees
Well, this also made me think that in order to do one transaction, we need to pay a heavy price. this happened when I made one transaction on one of the DEX. well, the fee is very expensive, and it makes my calculation wrong about the profit I get.

well, I think there are still a lot of bad experiences I've had with crypto. however, until now, the profit I got is still pretty good. besides, it also made me learn to be wiser.
member
Activity: 434
Merit: 11
November 23, 2021, 03:41:11 AM
#38
My worst experience on Crypto is in trading. Once upon a time I got tokens and there value was 77$ I sold it. Today same quantity tokens value is 800$. And second time I got tokens from Airdrop there price was 30$ and I holded it after one day there price is 10$. Its my worst experience. I learned from this that never trade without research.
full member
Activity: 532
Merit: 100
November 23, 2021, 12:30:53 AM
#37
to be involved in the ICO project I haven't tried it like you have done, but the mistake I experienced while joining the crypto community was that I was too confident to keep the Altcoins I got from the Prize Project so that until now there is no longer available market for me to sell Tokens the. this is the worst experience i've had
Too bad you can't sell the altcoins you got and why do you really believe in keeping them at that time,
regardless of whether the experience is good or bad must have a lesson,
regret will always be there and I hope it will be replaced
As a beginner of course at that time I didn't know much about cryptocurrency and its development. with an incident like that will be a lesson for me personally and for others of course.
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