Worst bitcoin decision you've ever made? - page 61.

BitChick

legendary

Activity: 1148

Merit: 1001

Quote from: keyxkey on September 01, 2014, 10:31:45 AM

My worst decision was selling all my bitcoins holdings at 430$ some weeks ago...

Just buy back now. The price is still under $500 and we have plenty of room for growth. Most of us have sold at times we have regretted, or not bought when the price was better, but the one thing I have learned is that the worst possible scenario is having no position in Bitcoin when the price rallies.

money420weed

member

Activity: 78

Merit: 10

Not getting more into bitcoin despite my interest at the time when I stumbled across it multiple times in 2011, 2012 and late 2013.

keyxkey

newbie

Activity: 41

Merit: 0

My worst decision was selling all my bitcoins holdings at 430$ some weeks ago...

SF-Man

member

Activity: 98

Merit: 10

Quote from: Mike Christ on April 01, 2013, 01:29:34 AM

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.

Reading posts like this really makes me sad. Its just like hearing someone say that I wish I took that kiss from her when I had a chance.

Kimowa

sr. member

Activity: 448

Merit: 250

Quote from: Hillbilly on August 31, 2014, 06:30:39 PM

Listening to my wife (rarely happens Tongue

) and not spending my 2500$ tax rebate when they were 4$ each..... and I quote " If you spend one more dime on crazy internet schemes I'm leaving" /facepalm could have been a win/win j/k

Thats why you shouldn't let you wife know everything Tongue

, Especially investment.

KuromaYoichi

sr. member

Activity: 756

Merit: 251

Sovryn - 300-500% APY on USDT Deposit

losing when betting with my friend at the international 4 Embarrassed

dE_logics

hero member

Activity: 686

Merit: 500

I had just about enough knowledge of networking a computers to understand Bitcoin when it was launched.

Too bad I never came to know about it to mine it.

51percemt

member

Activity: 86

Merit: 10

Quote from: scarsbergholden on July 08, 2014, 04:19:09 PM

That's a tough one. Probably selling more coins than I would like to admit in the $10 range. Tongue

A lot of people did this. I have spoken to a lot of people who have been involved in bitcoin for several years and this is a very common theme.

Hillbilly

newbie

Activity: 20

Merit: 0

Listening to my wife (rarely happens Tongue

) and not spending my 2500$ tax rebate when they were 4$ each..... and I quote " If you spend one more dime on crazy internet schemes I'm leaving" /facepalm could have been a win/win j/k

wenben

full member

Activity: 164

Merit: 100

Quote from: SquallLeonhart on August 29, 2014, 08:52:42 AM

Investing into gpu farm.

Same mistake here.

Glad the farm is mostly GPU and still have resell value. Got out two months ago before altcoin price capitulation.

Wooden Plate

member

Activity: 63

Merit: 10

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

I spend something like 70 coins on some ridiculous second hand web hosting company on a community about 1 years ago or while the price of bitcoin ws about $5-7,Company didn't run for even 2-3 months
70 coins now,I can only Imagine

HungryLaunch

newbie

Activity: 57

Merit: 0

Quote from: HomerS on August 29, 2014, 08:16:26 PM

Not buying in when price was @75$ and I first read about BTC....

it's the same like me

HomerS

newbie

Activity: 53

Merit: 0

Not buying in when price was @75$ and I first read about BTC....

boumalo

legendary

Activity: 1918

Merit: 1018

Losing betting on the World Cup Wink

wasserman99

sr. member

Activity: 476

Merit: 250

Quote from: lynn_402 on July 08, 2014, 03:48:18 PM

Quote from: Dalmar on July 06, 2014, 02:17:34 PM

After having cashed out all my bitcoins at 1K last November I refused to short bitcoin as I thought it was ''too risky'' (intimidated by the 10X increase in a month). Could have made a lot more shorting that epic China crash. Oh well.

This is not really a bad decision, more like not doing a good decision Wink

There would have been high risk in doing that, and you've done well in staying away if you were not confident enough.
Sure, it seems like it would have been easy in retrospective, but it could very well have crashed back to 200$ and stayed there for a long time.

If he had done this then he would have profited handsomely. Shorting the market is something that prevents the market from getting overheated and rising further then it really should. It keeps bubbles from getting to inflated and the subsequent pop of the bubble from being too severe.

Ringumbau

newbie

Activity: 42

Merit: 0

Not selling at 1K and not buying back at 400.

Damnyo

newbie

Activity: 42

Merit: 0

Buying shitty alts AND not investing in BTC early enough. Now ill have to wait 20 years to retire, instead of 2. Cry

SquallLeonhart

legendary

Activity: 2422

Merit: 1102

Investing into gpu farm.

glender

newbie

Activity: 12

Merit: 0

buying into shitty altcoins.
then again I have made some money with those too, so it all evens out.

apsvinet

full member

Activity: 224

Merit: 101

Quote from: DhaniBoy on August 28, 2014, 03:41:15 AM

Until now there is no worst bitcoin decision that i've ever made, because i'm still collecting bitcoin and trying to mining bitcoin, hopefully if i've collected bitcoin with mining, i am never made worst decision ...

Just wait till you get tempted by cloud mining.
(Y)

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