but I've bounced back and have been much wiser about my investments since then.
Topic: Worst bitcoin decision you've ever made? - page 74. (Read 97039 times)
Investing in crap stocks on btct like labicon.. stupid stupid mistake..lol
but I've bounced back and have been much wiser about my investments since then.
but I've bounced back and have been much wiser about my investments since then.
Worst decision so far was telling my dad I invested in bitcoin. My dad is a total bear and aside from what he hears in the occasional CNBC bitcoin segments on TV, he knows next to nothing about it. I absolutely dread having conversations with him now because it inevitably ends up with him telling me "bitcoin can go to zero". I can't imagine how he would react if he knew how much I really have invested in bitcoin (I'm all in!).
Don't tell him how much you have!
He will come along to like Bitcoin, tell us when it happens, we may be in the 4 digits by then
Regrets:
- Selling 1600 BTC in late 2012 between $12-$20
- Selling 300 BTC @ $120
- Buying 3TH of BFL 65nm ASIC's in 2012 instead of buying BTC direct. (Only positive is I got each MiniRig for $10K instead of others paying $23K in 2013)
- Buying certain alt-coins
No Regrets:
- Buying certain alt-coins
- Investing in a BFL FPGA MiniRig in 2012 which shipped in 16 weeks from time of sale. (Sadly I sold most of the coins that generation made)
- Buying 8.2TH of KnCMiner October & November (Mining is dead now and all ASIC producers are greedy...including KnC now)
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Steps taken to try and correct the regrets:
- Swing trading LTC, PPC, NMC has proven very profitable. Increasing crypto holdings each day.
- Selling 1600 BTC in late 2012 between $12-$20
- Selling 300 BTC @ $120
- Buying 3TH of BFL 65nm ASIC's in 2012 instead of buying BTC direct. (Only positive is I got each MiniRig for $10K instead of others paying $23K in 2013)
- Buying certain alt-coins
No Regrets:
- Buying certain alt-coins
- Investing in a BFL FPGA MiniRig in 2012 which shipped in 16 weeks from time of sale. (Sadly I sold most of the coins that generation made)
- Buying 8.2TH of KnCMiner October & November (Mining is dead now and all ASIC producers are greedy...including KnC now)
----------------------------------------------------------------------------------------------------------------
Steps taken to try and correct the regrets:
- Swing trading LTC, PPC, NMC has proven very profitable. Increasing crypto holdings each day.
I don't think anyone made any bad decisions.
Only a lucky few who had some stashed somewhere and forgot them have the great stories. Or those adopters who developed a company which manages huge amounts.
For us everyday barely winning a scratch ticket at the local gas station. We are where we are because we traded. If everyone held, there would be no market, there wouldn't be more (new) people having a stake in the exchange. It's not much different than a company with a limited amount of stock, there has to be a market maker in the first place for it to be worth more than .0001. Other than those who have gotten coins stolen, I think we all are feeling pretty good about what we have acquired.
Me personally, I rather enjoy looking at bitcoin as a coupon. I got quite a bit when it dropped to about $350 and been having fun shopping when it got back to $500. The kids are enjoying the xbox that I payed full price for but with money I got a lot cheaper
Only a lucky few who had some stashed somewhere and forgot them have the great stories. Or those adopters who developed a company which manages huge amounts.
For us everyday barely winning a scratch ticket at the local gas station. We are where we are because we traded. If everyone held, there would be no market, there wouldn't be more (new) people having a stake in the exchange. It's not much different than a company with a limited amount of stock, there has to be a market maker in the first place for it to be worth more than .0001. Other than those who have gotten coins stolen, I think we all are feeling pretty good about what we have acquired.
Me personally, I rather enjoy looking at bitcoin as a coupon. I got quite a bit when it dropped to about $350 and been having fun shopping when it got back to $500. The kids are enjoying the xbox that I payed full price for but with money I got a lot cheaper
I regret selling off some at $100 and not buying in more when it was less than $1.
Noone can predict the future, so do not regret for anything made in the past. I lost some coins at gambling and bought one pita giros in BTC for today money about 80$, so no regret i just ate the most expensive giros it was nice 
Building a GPU rig to mine in April 2013...should have just bought coins instead. Ended up mining ~4 coins with the rig instead of buying 15
sexcoin
pts
suck coins
pts
suck coins
Worst Bitcoin Mistake Today
Lol
Went to the Masterexchange Bought MSC go to convert to maidcoins
Forgot that I need to install the masterclient so Rescan the Blockchain
During Rescan IPO closes to MSC
He-He Should just have used Bitcoin Still rescanning lol.
Lol
Went to the Masterexchange Bought MSC go to convert to maidcoins
Forgot that I need to install the masterclient so Rescan the Blockchain
During Rescan IPO closes to MSC
He-He Should just have used Bitcoin Still rescanning lol.
Not buying btc when it was $10, bought later at $90 immediately changed to ltc to not miss the train at $2. That went well, but sold it at $25, regretting not having sold at $48
Looked into bitcoin years ago and i'm think i can remember how i tried a miner^^ and
then i completly ignored it.
then i completly ignored it.
I had invested about 80% of my coins in BTCT.co. Alltogether I had some 30 BTC worth of shares, mostly of LTC-Global. I got the other shares transferred to exchanges such as Crypto-stocks. But lost all my LTC-Global shares after it was liquidated. Lost around 28 BTC.... would have been worth $13,000-14,000 now. Feels bad.
In April 2011 was the big shut down of Full Tilt Poker. I had a few hundred bucks on there that ended up not getting released until this year. Anyway, back then a few people were talking about bitcoins as a way to play legal unregulated online poker in the US. I thought to myself, "I'll buy about $500 worth for $1/BTC and try it out" but I NEVER DID. I bought my first at $645/BTC. Now I think about it every day and start having stupid time machine fantasies and shit. If time travel is ever invented, it will be someone from this forum
not buying into bitcoin when I first heard about it and the price was so low that it hurts just thinking about it.
I know how it feels.
I heard aboutg bitcoin whan the exchange rate was 5 USD.
I even posted the wikipedia article on my facebookpage calling this new technology "interesting"
There were no reactions, I forgot about it, was interested again when exchange rate was 10-12 USD (late 2013). Even downloaded the QT and got some free mBTC by using faucets.
Then I had exams and did not checked the exchange rate... After the exams, the exchange rate was >35 USD
I immediatly wired USD to Bitstamp, when it arrived, the exchange rate was >70 USD
bought some BTC. Saw the bubble pop, bought a lot <80 USD
not buying into bitcoin when I first heard about it and the price was so low that it hurts just thinking about it.
my worst decision should be not accepting 4 bitcoins for a domain sold that for 400$ using registrar escrow.
sold that for 400$ using registrar escrow. Buy labcoin shares.
Now, we all know that the labcoin is totally a scam.
Haha, poor people that fell for that. :/ Now, we all know that the labcoin is totally a scam.
Not getting in when I first heard of it when they were going for $3 each
Bitcoinica
BFL
BFL
IdeDrill
Hashfast
BitFunder - Weexchange
MtGox
BFL
BFL
IdeDrill
Hashfast
BitFunder - Weexchange
MtGox
OW Weexchange Free Ripples Rest In Peace
1. Not getting in when Bitcoin was still $100 because of the hassle of registering on MT Gox (in a way this was a positive thing looking back)
2. Selling at the bottom back in the December 13 crash (n00b then)
2. Selling at the bottom back in the December 13 crash (n00b then)
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