Topic: Worst bitcoin decision you've ever made? - page 43. (Read 97067 times)
The worst decision by me was not buying them when the price was very low in the past and other wrong decision was to use them in gambling where I lost most of my bitcoins hoping to multiply them in quick time.
I have made several bad decisions. I decided to stay away from bitcoin when I was invited for a friend to get some coins five years ago, when it was very cheap but I did not believe it was a good investment. And recently I decided to sell 80% of my coins at $1250, expecting a great correction to $800 in order to buy more. 
It looks like the same situation for me but that is not 5 years for me. If I'm not mistaken it was 2 years ago. Too bad for you, you've got a bad selling timing, the price is about to increase and I keep on believing that the price will go up to $1,600 for this month and many are saying that it can go up to $2,000 for this year.
My biggest mistake was to hold for so long. Now they were all stolen(, and the remaining 4BTC wallet identifier is lost). But I DON*T GIVE A FUCK.
My bitcoin was also stolen, but I kept it in a short time. The point is not how long you keep your bitcoin. But you should be able to keep your wallet safe. Such as adding authentication. It will get betterToday many people rely on bitcoin, in the sense that they are now focusing on the world of cryptocurrency, leaving their jobs
Is there something like this, is there any special tips because i want to focus but not yet dare?
I think it's not a problem to make money from bitcoin. But do not be stupid by getting out of your main job and focusing on bitcoin. Because it will be at risk. It's better to use bitcoin as a work optionIs there something like this, is there any special tips because i want to focus but not yet dare?
My biggest mistake was to hold for so long. Now they were all stolen(, and the remaining 4BTC wallet identifier is lost). But I DON*T GIVE A FUCK.
I think if you have good wallet security and have a wallet backup (keep watch when you forget the identifer). As long as whatever you keep the bitcoin will remain safeI only regret that i didnt save all the bitcoins i got during 2013 and rather used it on some ventures which later proved unprofitable, I am certain if i had saved them, i would have been considerably richer at the moment seeing how bitcoins is soaring through the roof.
I the same with you friend, I also ever use my bitcoin to invet in trading. I bought an altcoin which doesnt have good fundamentals, I am very novice trader at that time. But now, I have a litle skill of trading so I manage my capital and only choose only good altcoin and some time I get profit in trading although sometime I am loose money too.
I only regret that i didnt save all the bitcoins i got during 2013 and rather used it on some ventures which later proved unprofitable, I am certain if i had saved them, i would have been considerably richer at the moment seeing how bitcoins is soaring through the roof.
I the same with you friend, I also ever use my bitcoin to invet in trading. I bought an altcoin which doesnt have good fundamentals, I am very novice trader at that time. But now, I have a litle skill of trading so I manage my capital and only choose only good altcoin and some time I get profit in trading although sometime I am loose money too. 
I have made several bad decisions. I decided to stay away from bitcoin when I was invited for a friend to get some coins five years ago, when it was very cheap but I did not believe it was a good investment. And recently I decided to sell 80% of my coins at $1250, expecting a great correction to $800 in order to buy more.
My worst bitcoin desicion I've ever made was not buying enough bitcoins when it's price was low, spending them all on gambling sites expecting to multiply them quickly, and there'a a time that I need money though it's so hard for me to sell it but I have no choice anyway. Selling your bitcoins make you lose the opportunity to earn more. So yeah, lesson learned!Now I have enough money to buy more and hold it for good. 
This might be a decision that everyone would consider as stupid as every had a choice to buy bitcoin at a very low price and when you loose the opportunity there is nothing that can be done and that is the case with all the stocks,if you are not sure what the future of the product is ,it is always a good sign not to force things and enter. 
selling most of them at 400-500 
Last year I sold 2 coins for just 640$. I never had so many but when I do see the price now I don't know what to say more.
In early 2012 I had 56 coins in my bitcoind. I sold them for a old steam account, now i have invested in some altcoins but I don't know if i will win or lose. Let's see and maybe after a few years I will come back and I will reply to this topic if I did it good or bad.
In early 2012 I had 56 coins in my bitcoind. I sold them for a old steam account, now i have invested in some altcoins but I don't know if i will win or lose. Let's see and maybe after a few years I will come back and I will reply to this topic if I did it good or bad.
I only regret that i didnt save all the bitcoins i got during 2013 and rather used it on some ventures which later proved unprofitable, I am certain if i had saved them, i would have been considerably richer at the moment seeing how bitcoins is soaring through the roof.
The only regret i do have were to trust into hyip, and invest even for fun over them. Outside those i made some bad investments like i had joined a coin in the midle of the pump, i becamed a greedy person and expected my return to became bigger, went sleep and i were loosing 20%, and i let it for 3 days result were i lost 0,15 btc with one single coin.
Not properly looking into bitcoin when I first heard about it around januari 2011 and forgetting about it for almost 2 years...
Those would have been some cheap coins...
Almost the same. Not listening to my friend at first when he was trying to explain and introduce bitcoin to me and all i was thinking was "yeah yeah, but never will try that bitcoin thingy" and yes, one day I ate all what I have said because I come to think of it that there's nothing wrong with trying it. Maybe if I already tried it also a long time i've bought those low price coins huhu. Those would have been some cheap coins...
My worst decision in bitcoin is, make a bitcoin purchase using fiat. Then I was all in dice gambling site with just one click, everything went away.
Three weeks ago I converted my Bitcoin when it reached the $1265 level...after listening to a friend's analysis that Bitcoin will fall due to the announcement from Bitfinex that they stopped accepting cash deposits due to their banking issues. Sad that instead of withdrawing in value Bitcoin instead made a big rally and is now heading to the $1600 level. Correction can be due but I already lost some money. I can feel that am not really so lucky with Bitcoin conversion and should have just left it in my wallet.
Sorry for you but don't feel so sad because if you have made a profit even at $1265 then be happy that you made some money and you did not lost them.
We can't predict when the price will be increased or not because we can't affect it but big exchanges are doing it.
My biggest mistake was to hold for so long. Now they were all stolen(, and the remaining 4BTC wallet identifier is lost). But I DON*T GIVE A FUCK.
Lol I think it's not a problem to store bitcoin in a long time. Because that would be beneficial as a long-term investment. Your problem is on the security of your walletYes, long-term storage can bring much more profit due to the constant price increase, and this is only good.
The only worst decision I made is not to work towards earning Bitcoins, I asked my payments in USD when I could have got Bitcoin in the early years, I dont regret it as I started early to accept Bitcoin than many others. But could have accepted earlier.
My worst mistake with bitcoin as well the digital currency network is wasting of precious time due to lack of understanding. I came to know about bitcoin and cryptocurrencies years back, and planned to invest last year starting but due to some negativity dropped the plan, for the same I feel bad. This year starting I started using it.
I have also been in that road before. I was so doubtful of bitcoins and I have ignored it but last 2014 I have heard that bitcoins price was very high and a bitcoin exchange was being established in our country. Its too late since if I have took bitcoin seriously then I would be enjoying huge profit in todays time like my friends. But it is not too late to engage in bitcoin and that is why I am doing online jobs to earn bitcoin.
My biggest mistake was to hold for so long. Now they were all stolen(, and the remaining 4BTC wallet identifier is lost). But I DON*T GIVE A FUCK.
Lol I think it's not a problem to store bitcoin in a long time. Because that would be beneficial as a long-term investment. Your problem is on the security of your walletJump to: