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Author Topic: Your Biggest Mistakes in Cryptocurrency  (Read 4727 times)

Offline xeroz

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #60 on: December 19, 2021, 04:16:45 PM »
I'm confused if this is a small or big mistake, but I once lost control of my emotions, our market is being dumped, my mentality has plummeted and my patience has run out. So I took a rash route without thinking about it, namely selling coins at a low price. After the coins were sold at a low price, suddenly the market conditions gradually stabilized. Seeing this I was very disappointed, even though it was only a few steps but I myself destroyed it. I hope something like this will not happen again for me or anyone else.
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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #60 on: December 19, 2021, 04:16:45 PM »

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Offline gurunanakji777

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #61 on: December 19, 2021, 06:03:04 PM »
My biggest mistake is I came to know about crypto 6-7 years back but did not trust a single percent that time that it can be very huge in the coming years. We all make mistakes when we start anything new. The same thing happen to me when I started cryptos. I always sell the coins when they start rising I was quite impatient so I sold very early most of the time in my early days of crypto. 2 years back I have 50,000 Dogecoin but I sold before the Doge bull run starts. I sold my all Dogecoin approx 24-26 satoshi price at that time now whenever I think about my dogecoin I feel very bad for myself that I missed a big chance to make a huge profit so I learned from my experience patience is a must in the crypto trading If you don't have patience certainly this is not a good market for you.


Offline viki

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #62 on: December 19, 2021, 06:04:33 PM »
I think my biggest mistake is selling coins at the wrong moment. Of course, I try not to make such mistakes anymore, but so far I have been bad at it.

Offline Craigmorgan

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #63 on: December 20, 2021, 01:22:31 AM »
As a newbie in the crypto space, I made loads of mistakes and till now, I regret my actions.

My first major mistake was not taking my time to ensure I learn about cryptocurrency before engaging in it and it costed me a lot. I did loads of wrong trades and lost a lot of money

The main mistake that still hurts me till now is investing in projects without potentials or utilities. it costed me a lot as well, I remember when I was told of a really fine project Bitay, it had everything it takes, a good exchange, a token with utilities, P2E, NFTs, make it, a complete package but I chose to invest in some useless tokens and I lost a lot.

Although I have corrected my mistakes and getting better with time

Offline Fivestar4everMVP

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #64 on: December 20, 2021, 02:00:15 AM »
My mistake is just the same as yours, my most expensive mistake which I still regret till today is selling off all my 28 eth at the rate of $200 usd each in August 2020, and just about 3 months down the line, the bull market started and eth price skyrocketed, I felt like killing myself then, but I've learnt in the hardest way.
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Offline DAMKAR

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #65 on: March 29, 2022, 02:26:18 PM »
My mistake is just the same as yours, my most expensive mistake which I still regret till today is selling off all my 28 eth at the rate of $200 usd each in August 2020, and just about 3 months down the line, the bull market started and eth price skyrocketed, I felt like killing myself then, but I've learnt in the hardest way.

Many people did same like you, at the beginning of bitcoin and altcoin.
They doubt about the progress of crypto.
Me too, I also sold Ethereum at 93 USD at Dec 2018.
If I remember it, It's annoyed.
But I think It's just  process for us to believe on the crypto progress.
Maybe not only us, many people also have the same fate, maybe we call bad luck. lol...

Offline Derakelv

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #66 on: April 07, 2022, 02:21:57 PM »
My biggest mistake in cryptocurrency was ignoring the trends. I remember when Ethereum and Defi was trending everywhere, I ignored till it boomed and I still regret it till this moment. That’s why I am not allowing that happen again. Since web3 has been making the trends, I have taken my time to look for web 3 projects with legit utility. I came across Unilab which has been pretty cool for the fact that they have made creation of smart contract and web 3 very easy without glitches. I will keep researches on web3 so I won’t miss out from any, Ulab is already in my bags

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #66 on: April 07, 2022, 02:21:57 PM »


Offline Yorker

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #67 on: April 07, 2022, 04:49:22 PM »
Everyone sure have one mistakes or the other but the plus is realizing the mistakes and getting on with it.
My personal mistakes is not investing in Unilab projects on time as will soon lead the hype in the blockchain industry.

Unilab is presenting an amazing smart contracts platform for web 3.0. the contract will automatically execute its protocols.Because smart contracts are digital its business protocols are automated; there is no paperwork to process and researching renewal dates.

Community driven projects with good utilities

Offline Majek

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #68 on: April 07, 2022, 05:21:09 PM »
As for me my mistake was not investing in nft and BTC in the first place but thank God I didn't miss this latest trend web3.0 i came across a great project recently called unilab it is a great project to look into

Unilab is presenting an amazing smart contracts platform for web 3.0. the contract will automatically execute its protocols.Because smart contracts are digital its business protocols are automated; there is no paperwork to process and researching renewal dates and they have a great team work

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #69 on: April 08, 2022, 02:15:20 PM »
I've had a ridiculous experience with cryptocurrencies and that's purely my own fault.
I have sold a very valuable token now for the reason that before there was no interest and I rashly did not read the Whitepaper.
I have token A and sold it at a cheap price which only got 60 USD, but if I sold it now I might get around 4000 USD, what a ridiculous share!! Dammnnn !!

Offline Yorker

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #70 on: April 08, 2022, 02:44:13 PM »
My biggest mistakes in crypto is not finding Arcade project on time but with this short period of time I can say I have earned more through playing and earning and also through holding its tokens for future maximum profits

Wanna doubt me, check them out on their twitter page

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #71 on: April 09, 2022, 06:06:55 AM »
I trade on Futures and let my assets hit Liquid.
I studied futures since I didn't have any big assets and I felt it was a shortcut.
It turned out that it was wrong, I made a mistake in trading futures, I lost 1 EThereum and that was when the Ethereum price was at 1500 USD and I regretted it a long time ago.
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Offline achad8130

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #72 on: April 09, 2022, 06:21:21 AM »
My biggest mistake was to notice cloud mining very late. But now I am glad that I found out Minto

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #73 on: April 09, 2022, 07:06:36 AM »
Like everyone else, unfortunately, there are often such moments when I sell cryptocurrencies and within a couple of days or a maximum of weeks, these same cryptocurrencies begin to grow very strongly in price and this, unfortunately, still happens, of course it has become easier to deal with this but it still hurts at times.
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Offline Confero

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #74 on: April 09, 2022, 03:44:10 PM »
Selling coins that have been held for a long time at a low price, and after that the price goes up high. That's what I've experienced, and the amount is not small if I sell it a week later. Second, I've lost assets in the Im-Token wallet before, I don't know where the problem is suddenly all the assets in the Wallet are sent to a new wallet by itself without me knowing it.

 

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