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Author Topic: Your Biggest Mistakes in Cryptocurrency  (Read 4762 times)

Offline zilzylian

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #30 on: November 08, 2021, 03:27:28 PM »
I once had 2 Ethereums in 2019, at that time I sold them because of Fud, that many ICO scams and the price of ethereum will drop to $90, maybe even $20.
But in fact, the price of ethereum is currently at $4.7k and I regret selling my ETH at that time, the conclusion is, don't look at the negative news because it can make you panic, buy the coin and hold it if you think it's a good coin for the long term

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #30 on: November 08, 2021, 03:27:28 PM »

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Offline Hisbullah

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #31 on: November 08, 2021, 03:34:56 PM »
my bigget mistakes in crypto currency.
I have bought several shitcoin and rug pull, then for now I never buy more shit coin.
I think top coins are better and safety than shitcoin.
I ever sold ETH at low price at three years ago, but It is just past time.
We must  learn and learn from every mistakes at past time.
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Offline Baroksz

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #32 on: November 08, 2021, 11:13:28 PM »
A mistake that is often made by me is, I lose faith in a project. this is actually very fatal. because to be honest some of the projects had schedule delays, or technical errors along the way and I really don't like that. And what I didn't realize was that the project team was actually honest and trustworthy, they were trying their hardest to try to resurrect the project. some of the projects I left because I felt unsure were Sfund, DXL, Dag, LTX, BSW, and a few more. try to see how advanced the project is now.
Sorry because I got hit by ruggpull several times so maybe it's still etched in my mind, so that every project must be perfect, if not perfect then it ends up being a scam. so here I am less flexible in applying investment principles
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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #33 on: November 08, 2021, 11:20:53 PM »
I have the most unpleasant story associated with the purchase of a little-known token for trading, which I decided to hold for a while until the best price. And then I saw an announcement on the exchange that it would be deleted from the exchange. And all this happened on Binance.

Offline I-Bit

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #34 on: November 08, 2021, 11:21:00 PM »
I have some mistakes in cryptocurrency.
1. Too greedy
This is a very valuable lesson for me. I was too greedy to take profits at that time, I actually has got my target price, but I removed and didn't take profits at that time. And unfortunately the price decreased again and again u til liqudated.
2. Not doing research by own at first
This is also very good experience becayse atvthat time I inlly followed other people in hype coins and I lost much

Offline Rokon5

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #35 on: November 09, 2021, 09:48:54 AM »
My most fault of cryptocurrency is sell my 1 BTC. in 2018 when btc price was about $4000 per BTC  then i was bought one  BTC. but for my fault  was put up for sell them for $5300 per btc.It was a really big mistake for my life.

Offline TERMINO

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #36 on: November 09, 2021, 12:39:27 PM »
Negative news is negative effect to your portfolio and to your decision if you allow to be in the circle of panic. I'd also experienced the same as you but not ethereum. I have some bnb before maybe 15 pieces. Sadly I sold them because of negative news and needs for my family. Today BNB is $645 so far from $70. Hold is gold. Hold the promising and never regret.
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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #36 on: November 09, 2021, 12:39:27 PM »


Online Vx1

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #37 on: November 09, 2021, 01:45:18 PM »
My most fault of cryptocurrency is sell my 1 BTC. in 2018 when btc price was about $4000 per BTC  then i was bought one  BTC. but for my fault  was put up for sell them for $5300 per btc.It was a really big mistake for my life.
You don't have to regret it Bro, because I believe at that time you were in need of money and did not expect the price of Bitcoin to be as high as it is today.  If we remember the past, it feels very painful and what we have is that we will always wish.
I once lost Crypto assets, but not because I sold them cheaply. But because I entered a fake site, and finally my data was stolen and I lost an asset which at that time was worth quite a lot.

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #38 on: November 09, 2021, 04:09:35 PM »
My mistake is procrastination. Yes. I have see chances of joining IDOs of many projects with prospects but i always look down on them thinking they will not do fine. Now, i have decided to pay more attention to IDO and IFO. Expecially now the market is moving.
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Offline Hasan986

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #39 on: November 09, 2021, 07:14:18 PM »
Its realy upset for me. I remamber this story. i sold my all eth at 400. I have many eth. now i have some. Hope so i can earn in shaa Allah again. past us past. I cannot remember this story again and again.
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Offline Bliznec

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #40 on: November 10, 2021, 06:52:01 AM »
I have absolutely no mistakes in investing in cryptocurrency. Many make mistakes, thereby losing their heads. The head should be cold in cryptocurrency and not fall for tricks. 

Offline elbans89

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #41 on: November 10, 2021, 08:55:36 AM »
What are your biggest THREE biggest mistakes when getting involved with cryptocurrency so far? We know that cryptocurrency can be so lucrative investment because the whole industry is really growing by leaps and bounds...but there are also perils just waiting to snatch anyone who is not careful. Here are mine:

1. Selling my little hoard of the most popular crypto when the rate was actually down...thinking that it will never be able to recover...this decision put a black eye on my face.

2. Listening to what others are saying when in fact they are just promoting and shilling their favored projects...only to realized that I was actually dealing with "shit" coins.

3. Buying into a P2E project only to see that the devs are not capable enough to handle challenges so that the token went down terribly just leaving me at least 10% of the original value when I get in.

Please share your story...

My story about big mistake in crypto currency. Ever join bounty, but never been paid. because scam projects.
Sell at low prices, after sell the price become high.
That's funny. But I have experience from them.
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Offline royalfestus

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #42 on: November 10, 2021, 10:43:57 AM »
My biggest mistake in crypto space that I did not sell my altcoins while their prices reaching the all time high. I was a greedy person hoping my altcoins will makes me rich but one day it suddenly dumped. I'm still holding hoping my altcoins to recover but it never recovers so I decided to sell my altcoins at the low price. :(

Almost everyone will have this issue. Because it is always sweet when we are expecting the price to keep going up and most times in our very eyes the price closes down, it use to be painful and one will keep remembering the highest point it was when one refuse to sell it.
It happened to me too at the last bull run. Especially on my coindash token and few others.i hope it won't repeat itself.

Offline Ankit1999999

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #43 on: November 11, 2021, 04:37:31 PM »
I think one of the biggest mistakes I'm have many top Alts coin holding in 2019. But I'm sellening many Alts coin in jan and Feb. 2020
So i'm losing big profit.So you carefully invest and hold log time.
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Offline LaZim

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Re: Your Biggest Mistakes in Cryptocurrency
« Reply #44 on: November 11, 2021, 05:34:43 PM »
I once had 2 Ethereums in 2019, at that time I sold them because of Fud, that many ICO scams and the price of ethereum will drop to $90, maybe even $20.
But in fact, the price of ethereum is currently at $4.7k and I regret selling my ETH at that time, the conclusion is, don't look at the negative news because it can make you panic, buy the coin and hold it if you think it's a good coin for the long term
I believe that this is not a mistake, but not a successful trade. Not when you know where to buy and where to sell.And that's fine. Mistakes are to buy project tokens, where everyone says that the project is a scam.

 

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