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Topic: What's the biggest mistake you've made on crypto? - page 5. (Read 1198 times)

hero member
Activity: 2604
Merit: 816
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If the biggest mistakes are not trying to buy when the bitcoin price is the lowest, we have those mistakes, but I do not want to regret it because that happens in the past. Right now, we have another opportunity to buy bitcoin and earn bitcoin in many ways, but we can not be able to buy bitcoin in a big amount like in the past. But we can have many bitcoin in those ways, especially if we can work hard and not stop before getting many bitcoin.
full member
Activity: 1750
Merit: 186
Selling my BTC on MtGox for $5 a piece because I mined a block in less than a day on my computer and it seemed like a killer return.
Then probably investing in various ICOs and not dumping the alts when they pumped to get more BTC back.

Oh and spenting my BTC trying to buy miners from Butterflylabs instead of buying the the first Avalonminer. They got to market WAY sooner and by the time I got my piece of crap Butterflylabs miners the difficulty was sky high and I never made back what I bought them for.

So many stupid mistakes lol



Im curious but how much btc did you had at that time? 
legendary
Activity: 2212
Merit: 1008
The main mistake of many beginners is not buying a promising coin in time. Doubts and fear of losing money play a dangerous role with us and deprive us of the opportunity to really earn money. But on the other hand, investing in everything is also a huge mistake.
copper member
Activity: 658
Merit: 402
To be specific, it is failing to assess the credibility of a project which resulted in a substantial loss to me. Unfortunately, I lost a portion of my hard-earned money, as it turns out to be a scam. I regret it as I was foolish to believe a project that has an unbelievable claim of an easy profit but has no functionality. Regardless, it comprises a valuable lesson that I continue to apply thus far, and it fulfills a significant role in the development of my knowledge.
full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
Converting most of my crypto into Fiat and also not investing early,
I could also say that not holding or believing on it since I dump some of my crypto because I think that they wouldn't get any higher anymore.
I have so many mistake in crypto and because of those mistake I learn some lesson and I would use it to avoid repeating those mistakes again.
full member
Activity: 589
Merit: 102
not buying bitcoin at that time it cost just a few cents it was fair because at that time i didn't know about crypto but the latest biggest mistake was not buying bitcoin in the last year when the price was still under $4k and ethereum was under $100
member
Activity: 112
Merit: 10
My biggest mistakes and the darkest our on the way through the crypto journey till today was to invest more than 1 BTC in some Masternodes of scam coins and didn't get it... few weeks later all nodes were worthless
full member
Activity: 840
Merit: 102
The biggest mistake that OP experienced was the thing I experienced as well. Perhaps that regret comes today, when bitcoin’s price has soared,
and I sold bitcoin at a very cheap price in years past.  And  also I’ve  been in a hurry  to sell  my altcoins.  If I  could  hold it  until this  moment,
I have doubled my money. It’s a precious lesson for me.
hero member
Activity: 608
Merit: 500
Selling my BTC on MtGox for $5 a piece because I mined a block in less than a day on my computer and it seemed like a killer return.
Then probably investing in various ICOs and not dumping the alts when they pumped to get more BTC back.

Oh and spenting my BTC trying to buy miners from Butterflylabs instead of buying the the first Avalonminer. They got to market WAY sooner and by the time I got my piece of crap Butterflylabs miners the difficulty was sky high and I never made back what I bought them for.

So many stupid mistakes lol
hero member
Activity: 1498
Merit: 702
Biggest mistakes! Mine in crypto-currency can not be said to be a big one, people have made mistakes trading and losing, I haven't traded in crypto-currency, people has been scammed by there insensitive, am glad to not be scammed, people may say they missed Bitcoin in years of Bitcoin low price, I missed that too but thats not a mistake on my part because I have to hear about it to join and if I had heard it then and not joined then it would be my biggest mistakes, so far am putting things step after steps.
newbie
Activity: 10
Merit: 0
My biggest mistake was trusting and investing on XRP during 2017 wahahahaha  Roll Eyes Grin Cool
member
Activity: 392
Merit: 10
My biggest mistake is neglecting my safety I neglected safety once and lost almost everything that I earned during the year.
newbie
Activity: 8
Merit: 0
My biggest mistakes:
1/ I wanted to enter in March 2017, but I did not: I've waited until Jan. 2018, the wrongest moment!
2/ I spent too much BTC and ETH in bullshit altcoins which collapsed.

hero member
Activity: 2170
Merit: 528
I don't think that not buying bitcoin can be one's biggest mistake. If it was all the people in the world would be able to say that because how many of us were able to buy in 2010? In 2009 there was almost no way to buy, you had to mine it, so we all could say that our biggest mistake was not mining it in 2009 Cheesy

My biggest mistake was trying to trade it early on instead of buying and holding. I came here as a trader and tried many things like bounties altcoin investments, trading... The only smart thing to do was to buy bitcoin and hold it and I got to that a year after joining the forum.

sr. member
Activity: 770
Merit: 284
★Bitvest.io★ Play Plinko or Invest!
My Biggest mistake was also that I did not adopt bitcoin at early days. now I feel that I was so stupid to not do that. everything was obvious. it was so obvious that bitcoin is something which can grow in future give huge profit in return. but still so many people avoided it at that time and now they are regretting that.

Biggest mistake was investing in Hashprofit. I wasn't that experienced in the crypto world and trapped in such a cloud mining scam.

investing in cloud mining was also one of my worst experience and mistake. I would never do that again.

I think a lot of users where scammed back in those days.

I learned my lesson and haven't trapped in any other scam after that.
full member
Activity: 1121
Merit: 100
My biggest mistake in crypto-currency is aion which very harmful for my life and I lost a big amount. Another one coin which I buy and lost more than 100 dollars.
member
Activity: 280
Merit: 11
I went into mining first instead of investing, I would have made lot of money if I have invested in top altcoins years ago instead of buying mining equipments, it took me too long to recover my ROI and to be honest it's not worth it cos it took me way too long
plr
member
Activity: 1162
Merit: 24
We all have the same regret and that is selling at the wrong time, only those who can afford to embrace the philosophy of Hodling can hold on to their coins for a long period of time and sell it for profit, my biggest mistake of course selling at the wrong time but no regret I need the money so badly and selling is a life saver for me.
legendary
Activity: 2758
Merit: 1004
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In fact, the biggest mistake I just made was, selling all of the Ethereum I owned for under $ 700. Well, to be honest it's late 2020, and I truly believe that Ethereum prices could be even higher. however, being affected by FOMO, etc., I sold my assets. Even though I feel it's a pretty big gain, I'm still sorry when I see the current price.
newbie
Activity: 14
Merit: 3
Same as everyone else - not having the foresight to see where Bitcoins would end up in December 2017, or now.

I've never actually bought any Bitcoins - but I get paid in them.
In December 2016 I sold 22Btc @ $766, and in April 2017 I sold 16 more @ $1,205.
These sales were at much higher values than when I received them, so I did make nice profit, but if only...  Angry

Also investing in alt-coins which have bombed  Sad

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