Topic: Worst bitcoin decision you've ever made? - page 12. (Read 97065 times)
Worst decision? Sold my .80 BTC at $2000 only to buy again at $3000. lol
Panic selling or for that matter even panic buying is the worst descision ine can ever make.
When the prices go marginally up, panic buyers get active and tend to buy allot of bitcoins only to later realise that it was just a fluke and the pricses are down again.
Whie on the other hand panic seller tend to sell everything they have as soon as they see a mrginal dip in price and later find out that prices regained even higher position.
Panic selling and buying is quite common to newbies and same happened with me aswell initially when i was new to this crypto world.
When the prices go marginally up, panic buyers get active and tend to buy allot of bitcoins only to later realise that it was just a fluke and the pricses are down again.
Whie on the other hand panic seller tend to sell everything they have as soon as they see a mrginal dip in price and later find out that prices regained even higher position.
Panic selling and buying is quite common to newbies and same happened with me aswell initially when i was new to this crypto world.
My worst bitcoin decision I ever made was I did not believe in bitcoin the first time I heard bitcoin and I bought bitcoin at a time the price was very expensive and I was late to get the benefits
I remembered I try doubler before, when I got my 1st payment I'm so greedy to earn more so I try bitcoindoubler and site said wait for 24 hours, After 24 hours of waiting my bitcoin end up losing. Lesson learned don't be so greedy,don't get fool by the other people.
haha. Those are fucking scammer. And they never try to stop. You know, in 2016, they are hyip, fake cloud mining. IN 2017, they are fucking ICO, MLM coins. Those people will never stop. They always know how to make money from other people's greedyThey change their scamming approach with greedy bitcoiners, they became ICO and MLM coins, lol.
The usual victims of those hyip and cloud mining before are those noobs and those people who became blinded with the possibility that they could earn a lot by just investing, without thinking the risk and the obviousness of the scheme to be likely to become a scam.
Not buying it when i first heard about it like 5 years ago
I spent it on investment scams. I was attracted on the ROI. The scheme is someone will play your money on gamble and in 3-5 days, it will be returned double.
my worst decision is to leave bitcoin when the price is still low and return at a high price, buy something expensive and sell it cheaply is my worst decision when doing trading
I call it not a bad one, but rather a regret. why I say so. yes, because I sold Bitcoin in the past days, when the price of Bitcoin is still low, it can be imagined if I do that in the present or later, where the price of Bitcoin is skyrocketing. it will probably multiply.
It was September 2016 and the birthday of my girlfriend is already near (September 29). She wanted to celebrate her birthday at our house which we will invite guests for dinner and a little bit of party. Our funds allocated for the celebration wasn't sufficient enough, her salary will be next week same as mine. Instead of borrowing, I dig deep into my accounts which I think has funds left (PayPal and Skrill) until I stumbled on my Bitcoin wallet account which has 0.2 BTC. I immediately withdraw whats left in my wallet, and at that time, the price of 1 BTC = $250. So it happened, I withdrew all 0.2 BTC which is equivalent to $50. The party went as planned, my GF was very happy at that day.
A year later, I stumbled upon this post saying that the BTC price might reach the $5k mark. I visited preev.com to check the current market price, and to my horror it was already $4k and still going up. I really regret what I did, if I didn't decided to withdrew the coins and hold it for a year, I already have $2.5k dollars.
Same here but i withraw my BTC when it pumped to 4k$ and in just a few months(now) BTC reached 15k$. Now i regret not to wait a little longer "patience is a virtue" Ive lost 11k$ in just a few months. A year later, I stumbled upon this post saying that the BTC price might reach the $5k mark. I visited preev.com to check the current market price, and to my horror it was already $4k and still going up. I really regret what I did, if I didn't decided to withdrew the coins and hold it for a year, I already have $2.5k dollars.
It was September 2016 and the birthday of my girlfriend is already near (September 29). She wanted to celebrate her birthday at our house which we will invite guests for dinner and a little bit of party. Our funds allocated for the celebration wasn't sufficient enough, her salary will be next week same as mine. Instead of borrowing, I dig deep into my accounts which I think has funds left (PayPal and Skrill) until I stumbled on my Bitcoin wallet account which has 0.2 BTC. I immediately withdraw whats left in my wallet, and at that time, the price of 1 BTC = $250. So it happened, I withdrew all 0.2 BTC which is equivalent to $50. The party went as planned, my GF was very happy at that day.
A year later, I stumbled upon this post saying that the BTC price might reach the $5k mark. I visited preev.com to check the current market price, and to my horror it was already $4k and still going up. I really regret what I did, if I didn't decided to withdrew the coins and hold it for a year, I already have $2.5k dollars.
A year later, I stumbled upon this post saying that the BTC price might reach the $5k mark. I visited preev.com to check the current market price, and to my horror it was already $4k and still going up. I really regret what I did, if I didn't decided to withdrew the coins and hold it for a year, I already have $2.5k dollars.
One that maybe the most worst decision I've done with bitcoins is the one that does not believe it When its price is at just $ 300. Because I thought it was scary that it was a scam and it was a big syndicate. So I did not pay attention to it. But this year I started studying it again and here I found out that it was decentralized and nobody was controlling its price. So this is probably the worst thing I've ever done
Summer 2012. Diablo 3. I bought in game gold with bitcoin @ $3/btc - Spent 90 coins for 500 million in game gold.
IGG = 35 cents / million now.
I lose.
/wrist
IGG = 35 cents / million now.
I lose.
/wrist
Summer 2012. Diablo 3. I bought in game gold with bitcoin @ $3/btc - Spent 90 coins for 500 million in game gold.
IGG = 35 cents / million now.
I lose.
/wrist
My biggest regret was not joining bitcoin when i learned about it two years ago, i was skeptical back then. I could have already paid all my dues and debts if i readily jumped in with bitcoin. Well its never too late. IGG = 35 cents / million now.
I lose.
/wrist
I think my worst decision related to Bitcoin is when I sold all my 2 Bitcoin when the price of Bitcoin was only 2k$ before the hard fork on 1st August 
Summer 2012. Diablo 3. I bought in game gold with bitcoin @ $3/btc - Spent 90 coins for 500 million in game gold.
IGG = 35 cents / million now.
I lose.
/wrist
IGG = 35 cents / million now.
I lose.
/wrist
One of the worst decision that I made was back in 2012 when the prices of coins were less than ~$100. My friend asked me to invest to bitcoin because he believed that it will be the 'next big thing' that will happen in the future due to its decentralised nature. Since no one can tract the transactions and at that time the internet was booming, he believed that bitcoin will be one of the main currency used in online transactions. Of course being an immature guy with a lot of problems, I chose to ignore his requests and look what happened to him now. He has opened three (3) big organisations and has a stable income every month.
I think my worst decision I've ever made with regards to Bitcoin is that not believing in it when it was fairly new. I doubt its existence and the technology behind it,I thought why in the world do we need another money if in the first place we have existing one that is use by all of us. And I don't understand the idea of using too many decimals just to buy a small item. I thought it will not get the taste of the masses. Then I realized I just jump to my conclusion and let my emotions take over me. I don't really research about it. But I realized that I have nothing to do with it now, I just invest now and make the most out of it.
Withdrawing bitcoins when the price is only about $300 last 2016 is the worst regret decision I made because I don't know that the price will reach $12k right now. I have no work and money for my daily needs that time so I cashed out my bitcoin, maybe if I have regular job that time I would keep my bitcoins and have a better living right now. So from the day I was hired in a signature campaigns is the day I told to myself that I will hold the bitcoins that I'll earn so when the time bitcoins rise into another level I have some for my future plans.
My only regret is not spending my life savings on Bitcoin back when I first learned about it, when it was going for $15 a piece.
Oh well.
Oh well.
I will forever regret the time when i first heard about bitcoin and did not believe it but instead leave it and forget that I've heard it and now I've learned that bitcoin price is very high but i cannot go back the time but instead invest now and believe the good qualities of bitcoin for us.
I skipped Bitcoin's investment in 2010, try to do with stocks and till now i already know that was my big mistake of my life.
I have not made a decision that made me loose a lot of money but I did sold few of my Bitcoins couple of months ago because I needed cash. After selling it, Bitcoin price continued to grow and regretted on selling it.
Lesson learned: If your only reason is you need cash and not predicting a downfall price of Bitcoin, dont sell it. Bitcoin has still a lot of potential to grow in value so just hold on it as much as possible and try to look for cash in some other ways or investments.
Lesson learned: If your only reason is you need cash and not predicting a downfall price of Bitcoin, dont sell it. Bitcoin has still a lot of potential to grow in value so just hold on it as much as possible and try to look for cash in some other ways or investments.
I 14 Nov sold their bitcoins at the price of 6200 USD. I thought that the exchange rate will start to fall.. I'm a loser!
I think a lot of people are having this. many people think that bitcoin prices are too high and think that prices will start to fall and then they sell their bitcoin. I think you need a bit more trust in bitcoin so you can be sure that the future of bitcoin is bright so you do not hesitate to hold bitcoin for longer Jump to: