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Topic: Worst mistake you did with Bitcoin? - page 112. (Read 135255 times)

hero member
Activity: 584
Merit: 500
July 27, 2015, 02:42:34 PM
*lol* I would say it was that i did not take care enough when i first heard of bitcoins. I probably could be rich. Cheesy
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
July 27, 2015, 11:48:24 AM
Mine was acting on emotions. Roll Eyes Let me tell you that emotions are the worst when it comes to investments. If you ever feel that you have to invest now in order to not lose a chance... then DONT invest. Let it be. There is no chance big enough to act on emotions. And for the most part these emotions are a bad advice anyway.

That is a very important lesson. It's also one of the hardest to take on board and implement. If you can put those types of feelings to bed then you're way ahead of most people.
legendary
Activity: 1442
Merit: 1016
July 27, 2015, 11:42:35 AM
Quote
Worst mistake you did with Bitcoin?

Not giving it much of attention back in 2012 the very first time I read about it.
hero member
Activity: 907
Merit: 1003
July 27, 2015, 10:08:57 AM
Biggest mistake: Spending x number of BTC on Butterfly Labs hardware and getting only a fraction back returned to me an entire year later when they failed to deliver. Not to mention the insane amount of wasted time trying to get the refund.

Second biggest mistake: Buying alt coins back in the 2014 frenzy
jr. member
Activity: 59
Merit: 100
Bitcoin is the currency of resistance.
July 27, 2015, 10:02:02 AM
Mintpal (hacked) + hashprofit (Ponzi)  Angry

Edit: Alphatechnet maybe 50 BTC lost.
hero member
Activity: 994
Merit: 1000
PUGG.io
July 27, 2015, 07:53:12 AM
My biggest mistake with bitcoin was not coming into this profession earlier.
But I don't regret it as I was just 12 at that time.  Cool
hero member
Activity: 658
Merit: 500
July 27, 2015, 07:38:11 AM
my worst mistake with bitcoin, was stop mining because I slowed down the computer and i'm talking about end of 2010 beginning of 2011, now I could have many BTCS, but it's gone

very unfortunate if there are many balances in it, how much balance in it bro ?
hero member
Activity: 593
Merit: 500
1NoBanksLuJPXf8Sc831fPqjrRpkQPKkEA
July 27, 2015, 07:34:19 AM
Luckily it was not a big mistake i did but it was trusting that cloud mining can bring me a profit. Smiley

But when i read what mistakes others did i think iam rather lucky at the end. Cheesy
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
July 27, 2015, 07:17:54 AM
Mine was acting on emotions. Roll Eyes Let me tell you that emotions are the worst when it comes to investments. If you ever feel that you have to invest now in order to not lose a chance... then DONT invest. Let it be. There is no chance big enough to act on emotions. And for the most part these emotions are a bad advice anyway.
legendary
Activity: 2436
Merit: 1008
July 27, 2015, 06:52:55 AM
My biggest mistake was to play on some gambling sites with 10 btc and lost them in such a short period of time easy by easy in hope to recover the loss.

10btc Shocked I can't imagined how you guys have the guts of losing that amount. Here in my country I can buy lots of gadgets and high end equipments with that amount Smiley Maybe you guys are all rich .
legendary
Activity: 1876
Merit: 1005
July 27, 2015, 06:41:02 AM
My biggest mistake was to play on some gambling sites with 10 btc and lost them in such a short period of time easy by easy in hope to recover the loss.
copper member
Activity: 2898
Merit: 1465
Clueless!
July 27, 2015, 05:22:42 AM


 April 12th 2013 got some ASIC equipment that week. Was told at least the 5gh Jally I would get by the end of that month. Soon after it was the
 'in 2 weeks" (tm bfl) line.
 Finally got a refund on all my stuff 1 year and 20 days later due to xfering it in desperation with a fee to the monarch units (or else on the 65mm
 stuff I would have not seen most of it till the following year) Smiley

  The xfer at the time did not work out for the orig Jally (I was not gonna xfer it to cloud mining on their promise) and I got that orig Jally on
  Halloween Oct 31st 2013. Sold it on Ebay promptly for about 1/2 of what I paid for it. But honest to god....when BFL was still taking phone
  calls and answering their emails on that April 12th 2013 1st order of mine, I WAS told (not maybe) but TOLD I would have it by the end of the month.

  Perhaps it was an enthusiastic employee that mis-spoke ..but the 'stonewalling and such' happened soon after.

  I still mark it with a sense of pride at being the 2nd person banned from BFL Chat for bringing up the possiblity (Aug 2013) THAT they had "no real'
  product and it was all a big stall to use our pre-order $$$ to mine themselves and all the other stuff that eventually was found out to be true.

  Anyway Rocky Raccoon was the first guy banned for the same reasons....then I guess a mess of folk were banned for asking why we were banned Smiley

  Ah...my innocent 'newbie' youth ..a frigging miracle I got my $$$ back (less the 1/2 price lost on the Jally) ...so dumb luck and circumstances is
  all I have to base this on. (and the FTC shutting them down etc)

newbie
Activity: 46
Merit: 0
July 27, 2015, 05:15:09 AM
I'm newbie on bitcoin
But my worst mistake was when i invested in an trading sites with all bitcoin that i have and bought a lot of KHS with high price but suddenly the it's prices get very down and i lost most of my bitcoin that i woked hard for a moth to collect them.
sr. member
Activity: 441
Merit: 251
July 27, 2015, 05:11:30 AM
My biggest mistake was giving out thousands of bitcoins to friends, when they were worth nothing. Gave away at least 15k coins lol
hero member
Activity: 742
Merit: 500
July 27, 2015, 04:03:20 AM
Im takes long time for me to move on, because Im invested all my money at the time, waking up to start from zero again it difficult right?
Yeah, gambling is fine as long you didn't use all of your money. Maybe just spare some, small, amount, play for fun if your "gambler" comes back!
Yeah, but its so difficult bro, if you won gambling, altough small win,  You will be interested to bet with a larger amount, its true right ?

it's true. learning when to stop when you're on the top is really hard. you'll always want to earn more, which may lead you to lose all of your money.

it's far easier just to stop gambling for good IMO

Believe it or not the brains of people anticipating a win at the roulette table appear to react much like those taking euphoria like we consumed some drugs.
This is where, in terms of suicidal tendencies, gambling addiction leaves the pack.
“If you stop drinking, you can still go get a job,”
“But once you’ve got a gambling debt twice your annual income" it’s hard to come back from that
sr. member
Activity: 259
Merit: 250
July 27, 2015, 03:41:15 AM
Buying arround 600 coins from a friend back in 2011.
Losing my intrest after a couple of months, and thereby losing my private keys...
I cried like a child when Bitcoin was all over the news at the end of 2013...

Next mistake, stepping back into Bicoin at a rate of $ 750 :/

Meanwhile I've learned a lot, and no way I am losing my coins ever again....
legendary
Activity: 924
Merit: 1002
July 27, 2015, 02:36:07 AM
I did not big mistake with Bitcoin yet. And I hope it will continue. Only think is that I did not jump earlier as I had good reference which I did not followed Sad
legendary
Activity: 3248
Merit: 1070
July 27, 2015, 02:21:06 AM
Im takes long time for me to move on, because Im invested all my money at the time, waking up to start from zero again it difficult right?
Yeah, gambling is fine as long you didn't use all of your money. Maybe just spare some, small, amount, play for fun if your "gambler" comes back!
Yeah, but its so difficult bro, if you won gambling, altough small win,  You will be interested to bet with a larger amount, its true right ?

it's true. learning when to stop when you're on the top is really hard. you'll always want to earn more, which may lead you to lose all of your money.

it's far easier just to stop gambling for good IMO

learning to stop ironically it's easy when you win and harder when you lose, because you want to win at least one time before stopping your gambling

the hit and run tactics is the best in this enviroment
hero member
Activity: 574
Merit: 502
waiting to explode
July 27, 2015, 02:16:32 AM
I once lost 0.1 BTC into a Bitcoin Ponzi.

Other than that I don't think I've made any bad decisions so far. I hold some altcoins, though. If they fall to zero, that would be a bad investment.
sr. member
Activity: 322
Merit: 250
I ❤ www.LuckyB.it!
July 27, 2015, 02:09:13 AM
my worst mistake with bitcoin, was stop mining because I slowed down the computer and i'm talking about end of 2010 beginning of 2011, now I could have many BTCS, but it's gone
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