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Topic: Worst mistake you did with Bitcoin? - page 101. (Read 135183 times)

hero member
Activity: 994
Merit: 500
September 12, 2015, 06:04:37 PM
Mining 1,1 BTC with Radeon 6950 (took about 8-12 hours) then sold for  about 5$.
2Q 2011 :p

The difficulty at that time was lower Smiley, it was cheap at that time. I consider a mistake that i haven't invested in hardware mining few years before.

I don't remember the exact details, also price was fluctuating a lot that days.In the middle of 2011 the first serious bitcoin bubble poped and I sold some BTCs @40$ in panic  Cheesy

In 2011 the price of computers especially graphic cards (in your case Readon 6950) was extremely expensive. But panic forces you to sell at lower price Sad. Hope this will never happen again.
hero member
Activity: 676
Merit: 500
September 12, 2015, 05:58:33 PM
Mining 1,1 BTC with Radeon 6950 (took about 8-12 hours) then sold for  about 5$.
2Q 2011 :p

The difficulty at that time was lower Smiley, it was cheap at that time. I consider a mistake that i haven't invested in hardware mining few years before.

I don't remember the exact details, also price was fluctuating a lot that days.In the middle of 2011 the first serious bitcoin bubble poped and I sold some BTCs @40$ in panic  Cheesy
hero member
Activity: 994
Merit: 500
September 12, 2015, 05:05:10 PM
Mining 1,1 BTC with Radeon 6950 (took about 8-12 hours) then sold for  about 5$.
2Q 2011 :p

The difficulty at that time was lower Smiley, it was cheap at that time. I consider a mistake that i haven't invested in hardware mining few years before.
sr. member
Activity: 252
Merit: 251
September 12, 2015, 04:53:31 PM
Bitcoinica & Pirateat40
hero member
Activity: 676
Merit: 500
September 12, 2015, 04:46:32 PM
Mining 1,1 BTC with Radeon 6950 (took about 8-12 hours) then sold for  about 5$.
2Q 2011 :p
hero member
Activity: 728
Merit: 500
September 12, 2015, 03:43:32 PM
What mistake I did with bitcoin was to buy it at 300$ and when later on price dropped under 200$ I was so panic that I sold my 1.20BTC.I am not good in trading with Bitcoin.I could have patience and was not losing so much money.
hero member
Activity: 504
Merit: 500
September 12, 2015, 03:32:58 PM
I would say the worst mistake I made was not believing in it when I first heard of it a few years ago. I would have been rich by now.  Sad

That is common to 99% of us, you can try these new altcoins but the chances are very low as the number of alt coins has been increased dramatically.
sr. member
Activity: 252
Merit: 250
September 12, 2015, 02:34:03 PM
i never did any mistakes with bitcoins and i hope i never will
legendary
Activity: 1750
Merit: 1115
Providing AI/ChatGpt Services - PM!
September 12, 2015, 02:22:47 PM
When I was a begginer, I used to bet all my earned satoshis from Freebitco.in on its multiplyer game.

Certainly I lost all everytime.  Roll Eyes

I can relate haha. I also do it everytme way back then but not only freebitco.in , also on 777bitco.in
member
Activity: 74
Merit: 10
September 12, 2015, 02:13:18 PM
invested in s.CC

seriously regretting till now
sr. member
Activity: 392
Merit: 251
Bitcoin Faucet & Blog
September 12, 2015, 01:08:23 PM
When I was a begginer, I used to bet all my earned satoshis from Freebitco.in on its multiplyer game.

Certainly I lost all everytime.  Roll Eyes
newbie
Activity: 10
Merit: 0
September 12, 2015, 01:05:48 PM
It was a wrong decision by me about bitcoin that it will not go anywhere from $0.001 such a big mistake.
But now it is nearby $240 so it is possible for me now to make some profit from trading.
I'm In it now.
legendary
Activity: 1386
Merit: 1058
September 12, 2015, 12:42:58 PM
i spent bitcoins to buy some online service as I'm from India I did not have the option to buy through Paypal with a debit card. But at that time bitcoin was some $800+ ... Still I regret for that. Because only stupids will spend bitcoins now itself. Genius will save them for the price of 1million per bitcoin or half billion per bitcoin.
One more point for my regret I missed the chance of being included in calm-coin initial distribution because of that transaction.
hero member
Activity: 770
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
September 12, 2015, 12:15:24 PM
Invest all my bitcoin on HYIP, when i start to learn more about bitcoin years ago.

Whorst mistake because i never know what is HYIP before.
sr. member
Activity: 336
Merit: 250
September 12, 2015, 11:57:14 AM
some peoples might think that introducing this new money payment processing system is the biggest mistake of their life necause when price falls many peoples show some serious damages which are due to their misusing or because they have not consult before doing that
hero member
Activity: 994
Merit: 500
September 12, 2015, 11:03:56 AM
I sent 0.5 BTC to Mintpal for trading and lost all ...never trust in all exchanges

Luckily I've have make some withdraw before mintpal got closed.
At least we've learned that we must never put the fund forever on exchanger

That's too pity man, but at least you have learned something. Some people lost and never learn from their mistakes.
legendary
Activity: 1274
Merit: 1001
September 11, 2015, 11:28:05 PM
I sent 0.5 BTC to Mintpal for trading and lost all ...never trust in all exchanges

Luckily I've have make some withdraw before mintpal got closed.
At least we've learned that we must never put the fund forever on exchanger
legendary
Activity: 1484
Merit: 1001
Personal Text Space Not For Sale
September 11, 2015, 11:26:24 PM
buying bitcoin at 400$ and sel them at 230$


A big mistake. If I bought a currency at 400 dollars... I will not be selling them at less than 300 dollars. I'd rather risk losing the 400 dollars for more than losing 170 dollars.
legendary
Activity: 2688
Merit: 1026
Hire me for Bounty Management
September 11, 2015, 07:23:09 PM
What's the worst mistake you did with your Bitcoin? It can vary from starting to use Bitcoin to buying dumped Altcoin to gambling.

The worst mistake I made with Bitcoin is... Buying cloud mining hashrate. I bought 0.02 GH/s CEX.IO hash rate voucher at SEOClerk for $2 USD - or maybe $1 USD. I thought with 0.02 GH/s, I would be making a profit in half a year.. And I was wrong.

Well, I bought using the free five dollars coupon. So that does not count as making a mistake with Bitcoin. However, the slow profit lead me to buying hashing power from CEX.IO and later on.. ZeusHash using the Bitcoin I earned from signature campaign.. Again, I thought I would be making profit in a few months. Till today, I'm sure I have not make any profit from both the company yet. CEX.IO stopped their cloud mining operation and.. ZeusHash.. What do you think.?
Worst mistake was that I didn't join bitcoin way back in 2009.I didn't realize that bitcoin would be going to so much success and that I consider my biggest mistake
legendary
Activity: 1484
Merit: 1001
Personal Text Space Not For Sale
September 11, 2015, 07:22:41 PM
I would say that my biggest mistake was to sell bitcoins that i have been stashing for a long time @~200 $, when the price later on jumped to
~250 and later on to ~1200. I couldn't believe my eyes, but the only good trade decision i did was not to rebuy, that would end badly.
I believe most of people made the same mistake here.

Ahh. You made a mistake selling Bitcoin early. I hope that you will hold onto your Bitcoin today and wait for the price to increase. No worries, if I were you I will also sell my Bitcoin when the price is going up everyday - Bitcoin 2013 bubble eh.

The worst mistake I did with Bitcoin is playing gambling and lost almost 6 BTC just in minutes.Gambling is addictive and in the end it let you without money.This is biggest mistake I did since I started using Bitcoin.
I would say the worst mistake I made was not believing in it when I first heard of it a few years ago. I would have been rich by now.  Sad

Well. Many people said this in this thread and... I have no comment on it anymore. :/.
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