Worst bitcoin decision you've ever made? - page 51.

warwar

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Quote from: varusisog on December 20, 2016, 03:12:29 AM

Quote from: ivanst776 on October 22, 2016, 01:02:02 PM

Quote from: takingthis4 on October 22, 2016, 09:43:53 AM

Quote from: ragingazn628 on April 01, 2013, 12:27:19 AM

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

Well year ago i sold 2 bitcoins when i really needed money, and month later their price changed a lot, by 200$, wish i would have saved them for 1 more month

Last year I have sold my bitcoin (mostly all) too and I had no other choice because I was in hurry of money too.

But I am very satisfied that my bitcoin were a good source of money on critical situations but I wouldn't count that as a mistake.

A mistake that I did in the past was that I have spend a lot of time on faucets which the profit was very low.

I think the profits from the faucets is still very low. It is better to buy the bitcoin with the money from jobs.

you're right faucet profiys are very slow but it is a good start as a newbie I my self I would you to start earning faucet so that you will really know what is bitcoin and how important its satoshis . But if yoi alreay know what is bitcoon and how it is used then you start finding new method on earning big so that you can get money through it.

varusisog

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Quote from: ivanst776 on October 22, 2016, 01:02:02 PM

Quote from: takingthis4 on October 22, 2016, 09:43:53 AM

Quote from: ragingazn628 on April 01, 2013, 12:27:19 AM

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

Well year ago i sold 2 bitcoins when i really needed money, and month later their price changed a lot, by 200$, wish i would have saved them for 1 more month

Last year I have sold my bitcoin (mostly all) too and I had no other choice because I was in hurry of money too.

But I am very satisfied that my bitcoin were a good source of money on critical situations but I wouldn't count that as a mistake.

A mistake that I did in the past was that I have spend a lot of time on faucets which the profit was very low.

I think the profits from the faucets is still very low. It is better to buy the bitcoin with the money from jobs.

ivanst776

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Quote from: takingthis4 on October 22, 2016, 09:43:53 AM

Quote from: ragingazn628 on April 01, 2013, 12:27:19 AM

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

Well year ago i sold 2 bitcoins when i really needed money, and month later their price changed a lot, by 200$, wish i would have saved them for 1 more month

Last year I have sold my bitcoin (mostly all) too and I had no other choice because I was in hurry of money too.

But I am very satisfied that my bitcoin were a good source of money on critical situations but I wouldn't count that as a mistake.

A mistake that I did in the past was that I have spend a lot of time on faucets which the profit was very low.

takingthis4

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Quote from: ragingazn628 on April 01, 2013, 12:27:19 AM

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

Well year ago i sold 2 bitcoins when i really needed money, and month later their price changed a lot, by 200$, wish i would have saved them for 1 more month

Bitcoinsummoner

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Maintain Social Distance, Stay safe.

Quote from: Qunenin on October 21, 2016, 12:53:24 PM

Quote from: mark coins on October 20, 2016, 07:53:31 AM

Quote from: arseaboy on October 20, 2016, 07:47:04 AM

I sold some of my bitcoin and profit it some in trading... next hour the price went up. If I only could wait at least another hour before I sold it. I could have at least double my money and put it in another investment. Well that's life though you'll learn from your mistakes.

We all commit those mistakes but the fact is it cannot be treated as an worst decision as we sold them only because we were making profits from it and in bitcoin we never know what is the right time to buy or sell them.

Actually i think in trading, many time we are confuse that which time is right to sell or buy the coins, but for bitcoin, it is not difficult now i tell you, now bitcoin is already in a good price. So if you have good money than buy it otherwise in the next year coming few months bitcoin would be down, So that will be a time to buy the bitcoin, and now within last two months it is starting the selling time of bitcoins.

There is no good time to sell and buy bitcoin since bitcoin is unpredictable if you really want to make a good profit in bitcoin. always savings a good way to make a good profit.. you can notice here every time the price is increas in speculation and try to send your own margin in bitcoin if the price will increase you should set your margin into 10% 25% and %50 increase as sample so every time that bitcoin will increase you can get different benefits .. reverse in buying bitcoin below the present price . the same margin as in selling..

Qunenin

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Quote from: mark coins on October 20, 2016, 07:53:31 AM

Quote from: arseaboy on October 20, 2016, 07:47:04 AM

I sold some of my bitcoin and profit it some in trading... next hour the price went up. If I only could wait at least another hour before I sold it. I could have at least double my money and put it in another investment. Well that's life though you'll learn from your mistakes.

We all commit those mistakes but the fact is it cannot be treated as an worst decision as we sold them only because we were making profits from it and in bitcoin we never know what is the right time to buy or sell them.

Actually i think in trading, many time we are confuse that which time is right to sell or buy the coins, but for bitcoin, it is not difficult now i tell you, now bitcoin is already in a good price. So if you have good money than buy it otherwise in the next year coming few months bitcoin would be down, So that will be a time to buy the bitcoin, and now within last two months it is starting the selling time of bitcoins.

mark coins

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Quote from: arseaboy on October 20, 2016, 07:47:04 AM

I sold some of my bitcoin and profit it some in trading... next hour the price went up. If I only could wait at least another hour before I sold it. I could have at least double my money and put it in another investment. Well that's life though you'll learn from your mistakes.

We all commit those mistakes but the fact is it cannot be treated as an worst decision as we sold them only because we were making profits from it and in bitcoin we never know what is the right time to buy or sell them.

arseaboy

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I sold some of my bitcoin and profit it some in trading... next hour the price went up. If I only could wait at least another hour before I sold it. I could have at least double my money and put it in another investment. Well that's life though you'll learn from your mistakes.

Xester

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Quote from: lol3c on October 19, 2016, 12:30:47 PM

To be honest, my worst decision was to invest money into many Ponzi scheme. When i first joined the bitcoin world, i did not clearly understand about these system and i believed that i could earn some profit if i made some investment. And guess what, boom, i lost all of my money. Ridiculously, i kept believing in those sites and still made 2,3 more investment and i lost my money again and again. Right now, i fully understand those stupid system and never make any investment anymore.

Just like you said, investing in Ponzi Schemes has also caused me to lost hundreds of thousands of pesos. But in bitcoin industry it was not on Ponzi Schemes but rather on gambling. I lost almost 70% of my earnings in gambling in just a few hours and so with that experience i tried to balance my bitcoin in gambling and not to put everything in gambling so as not to lost everything. So i am engaging also in trading and mining to balance my investments.

newcoins1978

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The worst decision that I have ever made with bitcoin was that I bought bitcoin for a expensive price but I was not patient enough for the bitcoin to drop at the time.
A couple of days after I bought the bitcoin was dropping and I could have bought more.

Mark02

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Worst bitcoin decision I've ever made is that I am winning in a gambling site for about 0.1 BTC when I was starting and putting all of it in Hasocean thinking that it will generate unlimited BTC's passively. I never imagined that time come that Hashocean will take all of our investments in just a snap and making it all turn into ashes. Worst is that I then deposited another 0.005 BTC for the reason of returning my investment. And I was scammed 2x by Hashocean. How fool I am Cry

shintosai

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Quote from: tabas on October 19, 2016, 08:17:49 PM

Quote from: gerXhonza on October 19, 2016, 01:55:19 PM

Quote from: amacar2 on October 19, 2016, 01:34:14 PM

Quote from: Hoor on October 19, 2016, 10:38:20 AM

to me the worse decision i ever make when i sold bitcoin when there was a panic like situation and the price dropped to 500 USD.

Many do same like you and you should now learn from this, when there are panic selling force in market its better time to buy not to sell being panic. Don't go with the majority try to be minority like whales who just grab cheap coins whenever it is available in market. I have grabbed few when price got dropped below 500 usd but not as much as i want.

Yes people easily gets panic when they see price going down and start to sell their coins and big whales take advantage of that situation by buying at the lower price and I think at that point everyone should buy and not sell their coins.

Just like now the price is getting down and I don't know if I am going to feel sorry , sell or just wait for it. But the best thing to do now is just wait for the price to increase again and I do believe that it is going to increase again. I don't want myself to decide again for the things that I will going to regret forever so just keep the faith.

rules in crypto if you know the possibility and you are supporting good project never ever sell your holdings with your loses, just wait and hold it until you already got a break even situation or if you already have profits especially we are dealing with btc we all know that fluctuation will always happen and just for a little while and it will rises back again.

tabas

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Quote from: gerXhonza on October 19, 2016, 01:55:19 PM

Quote from: amacar2 on October 19, 2016, 01:34:14 PM

Quote from: Hoor on October 19, 2016, 10:38:20 AM

to me the worse decision i ever make when i sold bitcoin when there was a panic like situation and the price dropped to 500 USD.

Many do same like you and you should now learn from this, when there are panic selling force in market its better time to buy not to sell being panic. Don't go with the majority try to be minority like whales who just grab cheap coins whenever it is available in market. I have grabbed few when price got dropped below 500 usd but not as much as i want.

Yes people easily gets panic when they see price going down and start to sell their coins and big whales take advantage of that situation by buying at the lower price and I think at that point everyone should buy and not sell their coins.

Just like now the price is getting down and I don't know if I am going to feel sorry , sell or just wait for it. But the best thing to do now is just wait for the price to increase again and I do believe that it is going to increase again. I don't want myself to decide again for the things that I will going to regret forever so just keep the faith.

gerXhonza

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Quote from: amacar2 on October 19, 2016, 01:34:14 PM

Quote from: Hoor on October 19, 2016, 10:38:20 AM

to me the worse decision i ever make when i sold bitcoin when there was a panic like situation and the price dropped to 500 USD.

Many do same like you and you should now learn from this, when there are panic selling force in market its better time to buy not to sell being panic. Don't go with the majority try to be minority like whales who just grab cheap coins whenever it is available in market. I have grabbed few when price got dropped below 500 usd but not as much as i want.

Yes people easily gets panic when they see price going down and start to sell their coins and big whales take advantage of that situation by buying at the lower price and I think at that point everyone should buy and not sell their coins.

socks435

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Quote from: amacar2 on October 19, 2016, 01:34:14 PM

Quote from: Hoor on October 19, 2016, 10:38:20 AM

to me the worse decision i ever make when i sold bitcoin when there was a panic like situation and the price dropped to 500 USD.

Many do same like you and you should now learn from this, when there are panic selling force in market its better time to buy not to sell being panic. Don't go with the majority try to be minority like whales who just grab cheap coins whenever it is available in market. I have grabbed few when price got dropped below 500 usd but not as much as i want.

Whales are always making a good money for just investing in bitcoin to affect the value i think those are group they are planning to increase the value of bitcoin that can attract people to buy bitcoins after that they will sell if they rich their goal..

amacar2

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Quote from: Hoor on October 19, 2016, 10:38:20 AM

to me the worse decision i ever make when i sold bitcoin when there was a panic like situation and the price dropped to 500 USD.

Many do same like you and you should now learn from this, when there are panic selling force in market its better time to buy not to sell being panic. Don't go with the majority try to be minority like whales who just grab cheap coins whenever it is available in market. I have grabbed few when price got dropped below 500 usd but not as much as i want.

Bitcoinsummoner

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Activity: 1456

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Maintain Social Distance, Stay safe.

Quote from: lol3c on October 19, 2016, 12:30:47 PM

To be honest, my worst decision was to invest money into many Ponzi scheme. When i first joined the bitcoin world, i did not clearly understand about these system and i believed that i could earn some profit if i made some investment. And guess what, boom, i lost all of my money. Ridiculously, i kept believing in those sites and still made 2,3 more investment and i lost my money again and again. Right now, i fully understand those stupid system and never make any investment anymore.

I experience this one time when i was earn and save faucet earnings and trying to increase my revenue to invest in some ponzi site that i thought that it can increase or double bitcoin they are started thread in forum about ponzi plus attracted payouts and reviews but the result almost all are fake in few days i scam pending withdraw and never had my bitcoins again back to my wallet.. this is my worst thing happen to me..

lol3c

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To be honest, my worst decision was to invest money into many Ponzi scheme. When i first joined the bitcoin world, i did not clearly understand about these system and i believed that i could earn some profit if i made some investment. And guess what, boom, i lost all of my money. Ridiculously, i kept believing in those sites and still made 2,3 more investment and i lost my money again and again. Right now, i fully understand those stupid system and never make any investment anymore.

Mastsetad

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Quote from: Zadicar on October 17, 2016, 09:51:56 AM

Quote from: Aceanyth on October 17, 2016, 09:22:16 AM

There are so many people who think bad about the bitcoin and that is ok because there happends allot of bad things with the bitcoin but you have to
know that you can also do allot of good things with tit.

Actually i could not even think what is the disadvantage of bitcoin which we could able to think bad with it, maybe its anonymity characteristics which is being used on illegal but still the wrong is on the people who uses it not on bitcoin. My worst decision that i ever made with my bitcoin when i invest to those scam cloudmining ponzi site.

The only disadvantage of bitcoin for an investor can be the dropping of its price as that can cause an investor some losses, and that is also not a that big disadvantage as that is followed by an advantage which is that it grows back too, so basically there isn't any such bad factors of bitcoin.
And the worst decision of mine have also been investing on ponzi sites and lose a lot of bitcoins when i was a newbie.

torrentheaven

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Quote from: Altynbekova on October 19, 2016, 09:51:42 AM

Quote from: Isokivi on April 01, 2013, 12:37:46 AM

I put every item in stock on a -25% sale during April 1.st, not sure how bad it'll get but I am a bit anxious right now. Apart from that I guess I should of have gone full retard on bitcoin earlyer, 10/10 hindsight.

The worst thing that I have done worth in Bitcoin is selling when the price was not even done with rising, i think that i was way to greedy for it at the time.
You should always have patient when you want to sell some Bitcoin.

Yeah if you don't have patience then surely it will bring loss for you and its always good to hold your bitcoin for long term even if price is going down you should not get panic and keep it safe for the future.

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