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Topic: What's the biggest mistake you've made on crypto? - page 3. (Read 1207 times)

hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Being impatient.

Well, I don't think it was the biggest mistake and failure but sometimes I blame myself for being like that and not have that strong guts to positively believing in the future.

Maybe I call myself a short-term holder. I have some altcoins before but I already sold them because of the worries inside and negatively thinking that sinks more than the day that a sell it. That usually came into my mind but now, I realize that was wrong and must have to change.
full member
Activity: 238
Merit: 113
My biggest mistake is that I was not interested in cryptocurrency before, there were financial mistakes as well, but it's an experience, so I have no regrets  Wink
full member
Activity: 602
Merit: 106
Biggest mistakes have probably been FOMOing into coins and then not selling them in hopes they go up even more. I have lost a good amount of money during the last month and first FOMOing in and then not getting out after a fast 2x or 3x.

But viewing it at another angle, everything I have bought and then sold has gone up to the same level (or higher) than before when I bought it.
sr. member
Activity: 1039
Merit: 250
BabelFish - FISH Token Sale at Sovryn
my biggest mistake in crypto is i didn't buy ethereum in ICO stage my friend
because in that time i already know about cryptocurrency but only focusing on bitcoin and litecoin
newbie
Activity: 27
Merit: 11
i still use moonbitcoin, moondogecoin, moondashcoin everyday, these coinpot faucets for 2 minutes.
even they dont pay me anymore since at least 1.5 years.  Huh
full member
Activity: 1048
Merit: 101
Trusting a useless project and investing on it and ended up losing money in the process, honestly it was a big mistake on my part, I should have just stayed away from that project but I thought it was worth the try, it is all in the past now but still socks whenever I think of it.

Losing a large amount of money It's pretty hard to forget, especially if the mistake includes a bad project investment. I have experienced the same thing as you, when you misplace money on a project and end up being a scam. On the one hand I began to realize that not to fall in love with a project that offers a high return on investment and always research a thousand times before investing in any project.
member
Activity: 322
Merit: 10
There is nothing more heart breaking in crypto space that losing money, I've invested on few scam projects that brings great loses and pain to my life in the past but I don't quit and I learned from that mistake, to newbies out there make sure you can tell the difference between a scam project and a real project or else don't invest at all
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
The biggest mistake that I've ever made in the crypto world is that I havent listen to my friends when they enter this industry way back 2017 where they earning a massive income.
Yeah, 2017 have been a wonderful year for the crypto industry, very many bounties were successful at that time, thus making bounty hunters get a large income from the projects they participate in. Entering 2018 and 2019, the crypto industry is in major shocks, besides the price of coins that continue to decline, scam projects keep on arriving, thus making investors and bounty hunters suffer losses. 2021 have given a new hope, it's a time for you to make up for the mistakes you made in 2017.
full member
Activity: 1624
Merit: 117
The biggest mistake I made was that I trusted the Rebellious team, bought a lot of REBL to launch several masternodes, and they deceived everyone and closed the project. They lied to everyone for a whole year that they were doing their job. Telegram manager Rebellious lied to us that soon, soon ... And suddenly the project was closed https://www.rebellious.io
copper member
Activity: 238
Merit: 0
MYID
The biggest mistake I have done crypto in the year 2017. The mistake was that I didn't sell my coin which is in better profit and hold it for a long and now that coins are in no value. Even some coins are gone obsolete totally vanished from the market. A big example is Dimcoin which now traded nowhere.
full member
Activity: 966
Merit: 102
The biggest mistake I have ever made on crypto would be definitely selling too early. Drove by my emotions, the uncertainty, the fear of loss led me to impulsively selling when price hikes, not having second thoughts that price might increase higher if I will be just patient enough and wait. Yeah, I did that. But I have learned my lessons now.
sr. member
Activity: 770
Merit: 284
★Bitvest.io★ Play Plinko or Invest!
My biggest mistake in crypto is why i was not buy bitcoin, ethereum in 2018. When the price dump after reaching its all time high price. Now i am feeling very angry on me. I am also thinking about my biggest mistake is why i did not buy litecoin when i saw it price us reach $30-$40. I think this all are mu lifes biggest mistake if i was invest $1000 in crypto in its dump price time maybe i can becomes a millionaire right now. Soo lets see what happen in my life. Now our all hope is in altcoin. Because it is not possible to buy 1 bitcoin for me because i am not elon mask dude. Also from a irregulated crypto country it is impossible to buy 1 bitcoin.

I guess the most people regret that they didn't bought crypto earlier. But if anyone did that back then the price would be higher back then ;-)
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
Everyone has ever made mistakes in his life, including me.  The biggest mistake I made in crypto was buying IGNIS and NXT coins in 2017, at that time almost all the money I had was used up to buy these two coins, after that IGNIS and NXT experienced a very extraordinary price drop, and now these two  has become useless shitcoins for me.
Yeah, experience is the best teacher for me, I can learn to be wiser when making decisions, so that, the mistakes I have be done are not repeated a second time.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
Unfortunately, it is almost impossible to do without mistakes, but it is even more difficult to accept them and realize that this is just a part of our life.
For me personally, it was devastating to sell a few bitcoins at a low price back in 2016. Of course, the understanding of my mistake came only in 2017.
We did mistakes on 2017 and we might make mistakes again for this year. The common mistake that we did was we never bought at the low price and sold at the highest price.
It is happening again for this year with some investors but for us who have learned, don't make the same mistakes and take your profits.
For people who do caught in FOMO then for sure they would really be experiencing some loss and for those who do have experience back in the past will really be

keen on making such step and hesitance but with those noob mistakes on diving into the market without any analysis did really play out well.For those who had bought on 20-24k

to believe that the price might shooting up more then they did really a right call.For those who have doubted then we had already made out an another mistake.
Those who had bought on $20k-$24k have the guts to buy because it's the ATH by that time and like most of everyone's thought, they're all the same thinking that no one would buy at the top and knowing that it's the new ATH, it's more fearing.
But no way, they've done it and they deserve the profit that they've made and just almost doubled it if ever they've bought a whole bitcoin.
full member
Activity: 700
Merit: 182
My biggest mistake in crypto is why i was not buy bitcoin, ethereum in 2018. When the price dump after reaching its all time high price. Now i am feeling very angry on me. I am also thinking about my biggest mistake is why i did not buy litecoin when i saw it price us reach $30-$40. I think this all are mu lifes biggest mistake if i was invest $1000 in crypto in its dump price time maybe i can becomes a millionaire right now. Soo lets see what happen in my life. Now our all hope is in altcoin. Because it is not possible to buy 1 bitcoin for me because i am not elon mask dude. Also from a irregulated crypto country it is impossible to buy 1 bitcoin.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
I've made big mistakes with bitcoin in gambling. Beyond this I've helped people in need. This means when the price was very low. Maybe around $5000, by that time I've cashed out and helped people. It was years back, but considering the present value I feel worried of missing my days. If I've kept hold I could've overcome all my financial issues by now. Anyhow on the corner the help I did benefitted the receivers, which gives little peace of mind.

Believe me, you can end up losing your life savings in gambling due to greed. That happened to me some time ago, as I've became addicted with crypto gambling. The feeling of greed is what makes you bankrupt in the long run. I've learned a valuable lesson, as now I don't invest more than I'm not willing to lose. Using faucet earnings for gambling is the safest way to play without "breaking the bank". In crypto land where price volatility is the norm, we must be very careful not to make a mistake that will lead us towards financial despair. No matter if you're a beginner or an expert, mistakes are completely unavoidable.

As long as you don't repeat the same mistakes over and over again, you'll be able to succeed in all of your crypto ventures. It's always important to update yourself on the latest crypto/Blockchain trends to help avoid making mistakes in the future. But if you do make a mistake, don't fret. Just let it go, and keep moving forward. Just my thoughts Grin
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
I've made big mistakes with bitcoin in gambling. Beyond this I've helped people in need. This means when the price was very low. Maybe around $5000, by that time I've cashed out and helped people. It was years back, but considering the present value I feel worried of missing my days. If I've kept hold I could've overcome all my financial issues by now. Anyhow on the corner the help I did benefitted the receivers, which gives little peace of mind.
legendary
Activity: 2030
Merit: 1189
I think everyone is now regretting now buying BTC when it was 10k or even 15K, and selling too early.

Alas, these are mistakes you learn from, and as long as you can be happy with whatever profit you made at the time of selling, that's what matter. You did not know that things will get better, and you might have sold too early. At the time it was the right decision.
full member
Activity: 1048
Merit: 101
everyone has their own mistakes, including myself, I have personally made a fatal mistake by buying a coin at a cheap price and who would have thought that the next day the price of that coin had increased sharply, I didn't have time to sell it at that time because I was busy in the real world. in the end I had missed that golden opportunity, but that was only in the past and I learned a lot from every mistake I made in the past ..
sr. member
Activity: 2226
Merit: 347
Unfortunately, it is almost impossible to do without mistakes, but it is even more difficult to accept them and realize that this is just a part of our life.
For me personally, it was devastating to sell a few bitcoins at a low price back in 2016. Of course, the understanding of my mistake came only in 2017.
We did mistakes on 2017 and we might make mistakes again for this year. The common mistake that we did was we never bought at the low price and sold at the highest price.
It is happening again for this year with some investors but for us who have learned, don't make the same mistakes and take your profits.
For people who do caught in FOMO then for sure they would really be experiencing some loss and for those who do have experience back in the past will really be

keen on making such step and hesitance but with those noob mistakes on diving into the market without any analysis did really play out well.For those who had bought on 20-24k

to believe that the price might shooting up more then they did really a right call.For those who have doubted then we had already made out an another mistake.
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