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Topic: WORST decision about BTC - page 2. (Read 9257 times)

hero member
Activity: 616
Merit: 603
September 17, 2016, 11:04:59 AM
The worst decision for me would be not spending my Bitcoins. If I don't do so, I'd just sit and assume it's value would rise over time and not spend it on anything. I feel it's better to enjoy with what we have now, save only some for the future. Afterall, no one can predict the value of anything in the future as it is uncertain.
hero member
Activity: 812
Merit: 1000
September 17, 2016, 10:56:53 AM
Cloud mining are good for passive investors and we should not consider about returns only in bitcoin but in equivalent USD value that too slowly for long duration. But, bitcoin itself will be very good investment over long period of holding, then why should I go for cloud mining because my worst decision with bitcoin was with cloud mining only.
Yes. Cloud mining must multiply our bitcoin and not just USD ROI. Most of the cloud mining are not even profitable with equivalent fiat calculations. But, investing into a reputed cloud mining business will not be a worst decision about bitcoins. Also, I too agree cloud mining business will become famous again when bitcoin price goes high.

It can gain popularity even today if they start operating in a genuine way and stop scamming their investors, and till that is not done people will surely avoid putting their money in those sites.
hero member
Activity: 756
Merit: 500
September 17, 2016, 10:53:49 AM
300 BTC is a huge amount today, but when I lost it, it's only worth about US$4000 and I determined it's not the end of the world even if I lose it, so I took the risk.

Fortunately, I still have some BTC left  Wink
Lost 300 BTC by "investing" in BTCST .......  Roll Eyes Cry

300 Bitcoins?  Shocked Who told you to put all your eggs in one basket? This mostly happens when people don't think before investing somewhere or when they get greedy to earn a lot of money at once and in that hurry they just do it without any research or something about that source they are investing with.
I am sorry to say and I really feel bad if you lost this much amount, but this sounded like a fake post to me. I mean come on a member who has lost will take a minute to tell us what exactly happened and how he lost such huge amount.
That looked like he just wanted to make a post, that's it.

Even $4000 is not a small amount right now, we lost just a few dollars in those ponzi and hyips and we still cant forget it because we know we took wrong decisions about them but if someone lost $4000 in a site i wonder what he felt at that time.
hero member
Activity: 2926
Merit: 640
September 17, 2016, 07:23:39 AM
Cloud mining are good for passive investors and we should not consider about returns only in bitcoin but in equivalent USD value that too slowly for long duration. But, bitcoin itself will be very good investment over long period of holding, then why should I go for cloud mining because my worst decision with bitcoin was with cloud mining only.
Yes. Cloud mining must multiply our bitcoin and not just USD ROI. Most of the cloud mining are not even profitable with equivalent fiat calculations. But, investing into a reputed cloud mining business will not be a worst decision about bitcoins. Also, I too agree cloud mining business will become famous again when bitcoin price goes high.
full member
Activity: 224
Merit: 100
September 15, 2016, 04:38:29 PM
I would say trading but the truth is I always have found a way to buy when bitcoin is high and drops right after I buy it.
So on top of getting dinged at the bitcoin Atm,I also end up losing more like not even 2 days later. Have bought a few times to see it drop by the time I get home,kind of funny how I have no memory of it working the other way for me.
My venture in trading was me not noticing fees eating up my total till the end of the day thinking I was doing good. Roll Eyes
hero member
Activity: 798
Merit: 1000
September 15, 2016, 04:27:50 PM
Hi, all. I know that everyone here would have made some terrible decision about BTC. So I was wondering, what is the worst decision that you have ever made.

Personally, my worst decision was gambling 1.3 BTC in dice, just yesterday. Smiley

Look when trading or calling better "playing" with online money is much more different that in the real life "playing" with cash, how economist we are in the real life but we don't spare online? because it is digit? or we think like these numbers are the same as in calculator when we swipe all numbers and we add again. You made a bad decision and hope you have learned from your mistake to not gamble ever. I consider my worst decision about bitcoin was by not selling them at the right time when the price was very high.
hero member
Activity: 1022
Merit: 521
September 15, 2016, 03:09:26 PM
The worst decision was not to buy them when price was $100 in the past, and the most worst part is I was aware about btcoins but still didn't show any interest in investing in it.

Many of us regrets that time we didnt buy some. At least 1btc is good for me but I still didnt. We might not experience it again so we better start adding up some bitcoins in our wallet to prevent that regret to happen again. We did learn something from it.

Yes and in future price of bitcoin will be much higher so if we don't buy with current price then we will again regret in future, so its better to keep on buying on regular basis.

You are right the price of bitcoin will increase much higher in the coming future for that we have to buy a good volume of bitcoins so that we will also get a good profit from the increase of bitcoin price . I am buying with the money available with me and those who are not buying will regret in future.
hero member
Activity: 658
Merit: 500
September 15, 2016, 03:05:10 PM
Investing in ponzis and cloud mining sites were the worst decision of my life where I have lost lot of bitcoins in the past and still trying to recover them.

I think that was the worst decision the majority of us have done.  Investing on scammed sites that always look too good to be true.  We are all victims of these sites that gives us a promise of big interest rate.  All you can do is to deposit but never can withdraw.  I still regretting it up to this time since I do not think twice. 

But Thanks God that I have not made any decision like that, I often try to stay away from ponzi schemes as from the start of online job I saw one of my friend lose a big amount of money in a ponzi scheme and so I decided to not to invest in any ponzi scheme, so I am secured till now.
hero member
Activity: 1040
Merit: 538
Defend Bitcoin and its PoW: bitcoincleanup.com
September 15, 2016, 02:45:04 PM
I think that my worst decision is leaving Bitcoin without even trying to get deeper and learn about it.
I joined the world of Bitcoin about a year a go (not the forum) and I started earning with doing tasks and refering on faucets. It did not get profitable as I thought and I left Bitcoin. A few months later I discovered these forums and started earning 'seriously'.
I did not really have some decisions that cost me some Bitcoins, but I did dump some $.
legendary
Activity: 1554
Merit: 1054
September 15, 2016, 02:34:08 PM
Lol if he have spend enough time in reading the experiences of people on this forum then I am sure he will be alert about the scams and ponzi sites that are operating around.
The problem with many people here, they are not never remembering and applying others experience in their real time situations when they are encountering. I am the bad example for that, even I have read many gamblers experience about gambling and ponzi schemes, I have lost more than 0.1 BTC in many of similar sites, out of greedy.
Yes, this forum must be rich a sources of awareness, every bitcoiner must teach himself about how to avoid any potential scam. Unfortunately we are keep on seeing many people are going for trade without escrow or people are losing their valuable bitcoins into gambling sites etc something similar keep on happening around bitcoiners and for members of this forum, even though a similar experience had been discussed here so many times.
Yes, really pathetic. People are rushing towards earning bitcoin but never remembering the lessons that they are learning here. What is the use of working hard on earning bitcoin and losing it by not having enough knowledge about how to secure it. Worst decisions must be avoided from other experience.
legendary
Activity: 2086
Merit: 1058
September 15, 2016, 10:12:26 AM
The worst decision was not to buy them when price was $100 in the past, and the most worst part is I was aware about btcoins but still didn't show any interest in investing in it.

Many of us regrets that time we didnt buy some. At least 1btc is good for me but I still didnt. We might not experience it again so we better start adding up some bitcoins in our wallet to prevent that regret to happen again. We did learn something from it.

Yes and in future price of bitcoin will be much higher so if we don't buy with current price then we will again regret in future, so its better to keep on buying on regular basis.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
September 15, 2016, 10:09:51 AM
The worst decision was not to buy them when price was $100 in the past, and the most worst part is I was aware about btcoins but still didn't show any interest in investing in it.

Many of us regrets that time we didnt buy some. At least 1btc is good for me but I still didnt. We might not experience it again so we better start adding up some bitcoins in our wallet to prevent that regret to happen again. We did learn something from it.
hero member
Activity: 770
Merit: 500
Bazinga!
September 15, 2016, 10:04:19 AM
i have had a couple of worst mistake that i made with bitcoin not only one.

one of them is gambling and losing money, and that came from thinking that i could beat the game and beat the hosue and start winning to make some profit and i was wrong.

another one is the fact that i started trading altcoins a while back and i made some poor choices that ended up losing some money but i never made those mistakes again.
hero member
Activity: 812
Merit: 1000
September 15, 2016, 09:10:27 AM
The worst decision was not to buy them when price was $100 in the past, and the most worst part is I was aware about btcoins but still didn't show any interest in investing in it.
member
Activity: 78
Merit: 12
September 15, 2016, 08:42:29 AM
300 BTC is a huge amount today, but when I lost it, it's only worth about US$4000 and I determined it's not the end of the world even if I lose it, so I took the risk.

Fortunately, I still have some BTC left  Wink
Lost 300 BTC by "investing" in BTCST .......  Roll Eyes Cry

300 Bitcoins?  Shocked Who told you to put all your eggs in one basket? This mostly happens when people don't think before investing somewhere or when they get greedy to earn a lot of money at once and in that hurry they just do it without any research or something about that source they are investing with.
I am sorry to say and I really feel bad if you lost this much amount, but this sounded like a fake post to me. I mean come on a member who has lost will take a minute to tell us what exactly happened and how he lost such huge amount.
That looked like he just wanted to make a post, that's it.
hero member
Activity: 952
Merit: 1000
September 15, 2016, 08:30:44 AM
Investing in ponzis and cloud mining sites were the worst decision of my life where I have lost lot of bitcoins in the past and still trying to recover them.

I think that was the worst decision the majority of us have done.  Investing on scammed sites that always look too good to be true.  We are all victims of these sites that gives us a promise of big interest rate.  All you can do is to deposit but never can withdraw.  I still regretting it up to this time since I do not think twice. 

Our greedy nature was responsible for that as we wanted to make quick money without doing any efforts which resulted in loosing our hard earned coins to the scammers.
sr. member
Activity: 336
Merit: 250
September 15, 2016, 08:11:46 AM
Investing in ponzis and cloud mining sites were the worst decision of my life where I have lost lot of bitcoins in the past and still trying to recover them.

I think that was the worst decision the majority of us have done.  Investing on scammed sites that always look too good to be true.  We are all victims of these sites that gives us a promise of big interest rate.  All you can do is to deposit but never can withdraw.  I still regretting it up to this time since I do not think twice. 
legendary
Activity: 1008
Merit: 1000
September 15, 2016, 08:00:37 AM
Investing in ponzis and cloud mining sites were the worst decision of my life where I have lost lot of bitcoins in the past and still trying to recover them.
legendary
Activity: 3318
Merit: 1128
September 15, 2016, 07:57:48 AM
There will be more chances for another boom of cloud mining industry but we should not make another mistake with that. Actually cloud mining must be a very interesting business opportunity for the investors, but people are not enough patience to get ROI in fiat equivalent at least.
Maybe you are right. Cloud mining are good for passive investors and we should not consider about returns only in bitcoin but in equivalent USD value that too slowly for long duration. But, bitcoin itself will be very good investment over long period of holding, then why should I go for cloud mining because my worst decision with bitcoin was with cloud mining only.
hero member
Activity: 672
Merit: 500
September 14, 2016, 10:19:53 AM
In my early days in earning bitcoin worst moment is still in my destiny because I will always scam by ponzi site but I never learned. He he. Bitcoib is a matter of risking your hardwork money to just get your money grow and get more profit but time by time my skills are improving and I can say I can get money now I mean I get profit.

HYIP or ponzi was indeed a major problem or something that is very much in circulation in the bitcoin. And also most beginners use ponzi hyips or alternatively folded duplicate bitcoin, it is certainly very huge risk, because if the affected user is bitcoin who have thought less rational. Most likely he will make bad news and hates bitcoin until whenever

people that are pumping money into obvious scams are seriously stupid. these people support them to continue their activities as with their money they can "pay out" new victims to make it look like they are legit. it's basically you destroying your own capital...


Exactly but I think people who are new to the industry are not aware about the scams happening around and that is the reason they get attracted towards and put their money in those sites.

there will always be newbies that blindly invest their money into something, but even when you're new, then you can still feel that certain things look too good to be true. greed takes over people and make them take bad decisions unfortunately.

Yes if anyone sees some unrealistic returns that sites are offering then they should think it logically that is it really possible to earn this huge returns on such a short notice? And if you are intelligent then you will get your answer.
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