Topic: Your biggest bitcoin-buy/sell fuckups - Therapy by writing & reading :) - page 4. (Read 5858 times)

sold 10 in 2012 for $5 a pop

Deposited £2000 in Intersango end of 2011 and was a mouse click away of buying 1000 coins, but didn't 

My recent fuckup - forgetting about a limit sell order.

buy more,

next year we might no longer see 3 digits

I bought at the bottom of the second april crash at $50, and sold at $58, thinking I was enjoying a 16% profit.

In June I was convinced it was 2011 all over again. I bought at 82 and sold at 75, bought at 67 and sold at 69.

During the silkroad crash I thought 110 (on bitstamp) was the top of the dead cat bounce, and sold. I had to rebuy at 120 before the rally.

I didn't participate at all in the april bubble, the 50-170 rally, the 80 to 130 rally, or the 66 to 150 rally.

bought as much BTC as i could between sept 2012-april 2013. 

tripled my BTC holdings by buying LTC during March 2013.

then dumped at less than 100 during july 2013. 

not too sad because i just bought back in a month later but still...

Biggest trading faux pas so far?

Trying to get $10k into Virtex in October instead of going straight to Localbitcoins.

What a mistake. It will probably be until January before my funds clear. If I'd paid a little more through Localbitcoins, I would have more than doubled my money already.

By the time I came to my senses and paid anonymous cash to some Localbitcoins dude, it was over $400.

Live and learn.

sold all 3 of my coins at 205, then bought in again at 350 and sold at 360

sold 5 BTC around 16th Okt after price not moved for a long time

Feel really stupid for selling at 420 and rebuying with a lost today but I think the rebuying part was not that bad, China is going up, and so will all the other exchanges! TO THE MOON 

Just not sinking more as fast as possible back when it was in 2 digits.  First buy was around $48.  But we didn't like CVS/MoneyGram/ZipZap/Mt.Gox because our money got lost in between and we had to call people.

Loved Bitfloor, but by the time we got signed up, the price was already $90 and the rocket was lit up to $266.  It crashed and we were actually upside down for quite a while since our average was $120.  (Bitchick didn't love that.)

Probably the biggest screw-up was letting my buddy go in line in front of me at BofA when he was setting up his Bitfloor account.  This was the day that it was $266.  By the time we got back to the office from lunch (and Bitfloor recovered enough to do anything), the price was in the 60s.  He was like, "Should I place an order here or there?"  I'm like, "Dude, buy market now!"  He got in at $70.  So lucky.

By the time my money cleared (only 15 minutes total, Bitfloor was the best) I got over $90.  Still, I'm happy for him.

Special thanks to Roman from Bitfloor for getting us our money back after his bank screwed him.  (Since we were depositing into Bank of America, I assume it was them.  Not hard to believe since they screw everyone constantly and steal people's houses with fake mortgages.)

I know the feeling thinking your in late. I haven't had any fuckups in hindsight.

I discovered bitcoin through a friend at work. He knew about bitcoin at the $2 time. I discovered is at the >$90 time.

When I heard about bitcoin and mining it took me a while to figure it out.
At one point in time I went for it and bought 2 GPUs and started mining. I knew I was late and ASICs were in preorder.
Most people told me I would never see a profit on bitcoin. I went in on a gut feeling.
When I was on vacation 2 days in my miners stopped due to stability issues. This cost me a bitcoin at that time
After mining for a while I only got out 2 bitcoin before it cost me more power than the bitcoins were worth.
Only just got out my GPUs so went back to gaming thinking bitcoin wasn't for me.
I stopped mining.... (a big fuckup)

A few weeks ago I looked at the price of bitcoins and realized that I never should have stopped mining, bitcoins increase value making old mining losses into big profits over time.

Luckily I went into bitcoin with a piece of my savings and bought a few coins thinking, i'm going down with this investment....
Now i've realized that my BTC have a great profit. I made more money per day on bitcoin on some days than going to work .

What I can say to anyone on bitcoin are two things
- your always too late with bitcoin the price will always suck when you buy
- your never too late with bitcoin the price will always get better (if you hold on crashes)

Timing isn't an issue. If you want to invest, invest and wait for a few days weeks. If your profits don't pick up then you can probably get out with a minor loss.

Currently i'm back into mining altcoins for BTC. It costs more power than BTC mined but I know it will become a great reward in 3 years time.
I'm looking at staying in bitcoin for at least 3 years and hoping for the $100000 per bitcoin days

The irony for the dude who told me about bitcoin is that he has 0.19 BTC where I have way more, that's his fuckup

Worked for my bitcoin, got 14; sold most of them around 150$

Few months later, this shit.

Bought 5 bitcoins at 200ea for 1000$.. Told myself I would buy and hold cause that seems to be the best with bitcoins plus I dont know much about trading.. But I'm a gambler at heart and wanted to increase my stash a little bit so I sold at 420$ea and placed a buy order at 375$ea on cavirtex and waited for the weekend crash.. Friday night people started to panic sold i thought nice it will work out.. But it only went at 395$ or so. I panic rebought today at 474$ea because I dont think it will go down anymore on the charts I see there is alot of bids and fiat left especially on btcchina and they affect the bitcoin price the more.. Plus I think monday could be a good day with the US meeting. So I lost 0.7bitcoin in 1 day lol I suck at trading now I swear I will HOLDDD

Hindsight isn't as bad as weak hands.

You only fuckup if you sell cheaper. Don't blame yourself for being critical and not risk money. EVER.

Yes, i am a crybaby .
I discovered bitcoin at about 14th of October at 140. I was thinking this is a great thing till it's obviously steadily rising. Then it took some tries to get documents to register on bitstamp – when I finally registered it was already at 190 and I didn’t buy thinking too late. Then it fell down after 200 and I thought it's collapsing already and was afraid again. At 255 i bought super-tinysmall. And at 296 super-tinysmall and at 314 super-tinysmall. But just a few days earlier i would have been confident investing 30x more and would be 'in' on the ride. Actually that doesn't sound so bad.. on the other hand i could have doubled the savings of last 5 years in 1 month. Haha. I see keeping my emotions in check will be a challenge (and perhaps bring me into the poorhouse).

Probably many people with better stories.