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Topic: Worst mistake you did with Bitcoin? - page 90. (Read 135170 times)

legendary
Activity: 3038
Merit: 1169
November 13, 2015, 07:30:53 AM
The biggest mistake was not believing it several years ago and losing a wallet, which I should have burned onto dvd. Else gambling a few satoshi. I quit gambling now.

Well i think that is a good decision for you, in quitting in gambling, but I think you can still gamble but only in moderation, I am gambling some other time now and I win a lot and lose less, losses is a part of gambling you will need to make good decision in when to stop on gambling and call it a day and that is my technique in gambling.
full member
Activity: 182
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
November 13, 2015, 05:36:52 AM
The biggest mistake was not believing it several years ago and losing a wallet, which I should have burned onto dvd. Else gambling a few satoshi. I quit gambling now.
sr. member
Activity: 350
Merit: 250
November 13, 2015, 04:53:32 AM
I guess worst mistake I made with Bitcoin as now is Buy at $420 rate and Sell at $310, I panicked when I see BTC-USD is close to $300 and now it's going over $350 Sad
sr. member
Activity: 350
Merit: 250
November 13, 2015, 04:38:25 AM
Not getting into it sooner

I'm new to this and feel like I could've had much more knowlegde about btc when it first came out and also could've been making profits by now
legendary
Activity: 1484
Merit: 1001
Personal Text Space Not For Sale
November 13, 2015, 01:41:51 AM
In 2010, I somehow landed at a site selling quantities of Bitcoin for 5 cents each ($0.05/btc), payment through Paypal.
I had never heard of Bitcoins before, and a crude little chart showed the prices had recently gone up 10x (1000%), so they appeared to be really expensive compared to earlier in the year. I was a bit tempted, but did not come close to buying any.
LOL...  ?

Yes. Laughing out loud. If you know that Bitcoin average rate would be more than 100 USD you will buy it. The sad thing is you dont know.

My two worst mistakes were:

1. Not getting into Bitcoin when I first heard about it (it was really, really cheap)

2. Gambling away .5 BTC right before it hit it's peak (~1 month), then selling the other .5 for ~$50

I'd like to believe that I'm smarter now, but I have no idea.

Learning from a two mistakes made you a smarter person. Right before it hit peak? What is the peak - 100?

I mined a whole bitcoin back when they were worth pennies and didn't save the wallet address Sad

Welcome to Bitcointalk. I hope that you will not forgot this forums account and come back in 2016 saying I could be a Hero Member by now. :/.
newbie
Activity: 1
Merit: 0
November 12, 2015, 02:12:25 PM
I mined a whole bitcoin back when they were worth pennies and didn't save the wallet address Sad
sr. member
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
November 12, 2015, 02:11:34 PM
....

..I'd like to believe that I'm smarter now, but I have no idea.

Does the username 'ilovealtcoins' seal your fate related to Bitcoin success?   Tongue

You'd think that, but back in 2013 a lot of people loved altcoins  Grin
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
November 12, 2015, 02:01:31 PM
....

..I'd like to believe that I'm smarter now, but I have no idea.

Does the username 'ilovealtcoins' seal your fate related to Bitcoin success?   Tongue
hero member
Activity: 826
Merit: 501
November 12, 2015, 01:50:37 PM
wasting time and money trading altcoins
Me too but back in 2013 was possible to make money on alts, in 2014 I lost everything in altcoins =//
sr. member
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
November 12, 2015, 01:45:37 PM
My two worst mistakes were:

1. Not getting into Bitcoin when I first heard about it (it was really, really cheap)

2. Gambling away .5 BTC right before it hit it's peak (~1 month), then selling the other .5 for ~$50

I'd like to believe that I'm smarter now, but I have no idea.
hero member
Activity: 631
Merit: 500
November 12, 2015, 01:42:04 PM
Not buying enough bitcoins when the price was really low

and for not believing how good bitcoin would turn out to be and not believing how good of an investment it would've been

That is  the mistake that we all have done that we didn't buy bitcoins when the price was really low and the reason behind it is that we didn't had faith in bitcoins at the initial stage and we just got carried away by the news displayed by press and media as we are influenced by them and we had a feeling that bitcoins will survive for a longer time.
legendary
Activity: 3248
Merit: 1070
November 12, 2015, 01:15:22 PM
my worst mistake is not kep bitcoin for a long time,i always sell it when i have little much  Angry

well if you need it for emergencies in real life that's fine, if you're spending it for fear that's not, and if you're buying with it useless stuff that's also bad
sr. member
Activity: 462
Merit: 250
November 12, 2015, 12:45:49 PM
my worst mistake is not kep bitcoin for a long time,i always sell it when i have little much  Angry

I don't think that's a mistake since you still make use of it and not wasting it, probably you'll regret more if you'll keep bitcoin for a long time Roll Eyes
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
November 12, 2015, 12:41:14 PM
In 2010, I somehow landed at a site selling quantities of Bitcoin for 5 cents each ($0.05/btc), payment through Paypal.
I had never heard of Bitcoins before, and a crude little chart showed the prices had recently gone up 10x (1000%), so they appeared to be really expensive compared to earlier in the year. I was a bit tempted, but did not come close to buying any.
LOL...  ?
legendary
Activity: 3038
Merit: 1169
November 12, 2015, 05:57:34 AM
my worst mistake is not kep bitcoin for a long time,i always sell it when i have little much  Angry

well not ur fault. it is very hard to hold on to it and sell it at the perfect peak. we all end up selling it too early or it just never drop and keep increaing.

Yup! technically you will never know when bitcoin will reach it's peak, even there are so much speculation about it your only choice is predicting when it will go up or down, but if you make a right decision you can earn from it and make a much income!
legendary
Activity: 1470
Merit: 1002
November 12, 2015, 05:10:04 AM
my worst mistake is not kep bitcoin for a long time,i always sell it when i have little much  Angry

well not ur fault. it is very hard to hold on to it and sell it at the perfect peak. we all end up selling it too early or it just never drop and keep increaing.
sr. member
Activity: 294
Merit: 250
November 12, 2015, 04:58:24 AM
my worst mistake is not kep bitcoin for a long time,i always sell it when i have little much  Angry
legendary
Activity: 1470
Merit: 1002
November 12, 2015, 04:53:12 AM
when btc is cheap and end up i spend like 20btc on a mining company to buy the shares. end up it is worth 0.2btc now. still holding on to it as it pays very pathetic btc dividends like 0.01 btc every 3 months.
sr. member
Activity: 350
Merit: 250
November 12, 2015, 04:40:35 AM
Not buying enough bitcoins when the price was really low

and for not believing how good bitcoin would turn out to be and not believing how good of an investment it would've been
legendary
Activity: 2436
Merit: 1008
November 12, 2015, 04:35:23 AM
Why others considered worst mistake when they buy at high then suddenly the price down. It is not meant and intentional. We can't predict price so it's ok. But of course to help you somehow with your problem about when to buy and when to sell, read some speculations. Yes they are all 100% not accurate but somehow have basis.
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