Your Biggest Mistakes in Cryptocurrency

[TomPluz]

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...

[Delgboke]

I think one of the biggest mistakes I have made in the Cryptocurrency industry and in the Cryptocurrency market during my trading and selling of tokens and coins from my wallet occurred because of lack of patience is a mistake of impatience, selling my token before the bull market started is a very big mistake for me in the Cryptocurrency industry.

[BobK71]

My Biggest mistake of cryptocurrency is sell my 8 BTC. in 2018 when btc price was $4000 per btc then i was bought 8 BTC. but for my mistake i was sell them for $5000 per btc. If one I had that bitcoin till now. then It would have changed my life

[cashisking86]

Previously looking for short term money. Now I prefer to focus on the long term.

[shadowdio]

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.

[Shahinaz]

my biggest mistake is always panicking when the price moves down when it starts to go up, and selling coins too fast,
sometimes I'm too greedy to want to get a profit but I get no results from my greed there is only regret, when the price reaches 30% profit I don't let go for 100% profit

[dragononcrypto]

What are your biggest THREE biggest mistakes when getting involved with cryptocurrency so far?

1. Not putting all my money in at the 200 Week Moving Average for Bitcoin in 2019 (~$3K), but this is more of a less to learn for the future rather than dwell on the past 

2. Not sending worthless tokens to an exchange from an ICO investment in 2018, as they then went up 100x in value. At the time due to gas fees the cost of the ERC20 transfer would have been more than the value of the tokens! Ironically, if I had left the tokens on the exchange they would have been swapped for me and could have taken much profit 

3. Not putting more effort into learning blockchain programming and instead spending too much time focusing on trading shitcoins 

[therozaq]

My Biggest mistake of cryptocurrency is sell my 8 BTC. in 2018 when btc price was $4000 per btc then i was bought 8 BTC. but for my mistake i was sell them for $5000 per btc. If one I had that bitcoin till now. then It would have changed my life

It's really sad,  But I think Your story also happened at many people.
Sold bitcoin at 2018, the price is still low. But In our mind, it's to high.
But for now, we all know current  bitcoin price is 60K USD , you will to be millionaire if you have 8 BTC now.
But nevermind, I also sold my Ethereum at 227 USD at the last time.

[raisajahan]

I have done lots of mistake in the crypto market but i think in 2017 i have 50 plus ethereum and 7 plus bitcoin and 1100k doge in my exchange wallet but i can't hold them that is my major mistake in my life also in the crypto currency market. So now i am trying to hold several coin in my wallet.

[Callisto]

My big mistake lies in my impatience to keep my assets for a long time, if now I calculate how much I have lost by my stupidity and restlessness, then it becomes uncomfortable ... You must always keep a cool head and not trade on emotions.

[Ferki]

Not buying the 50 Bitcoins at the price of 50 € was my biggest mistake. But who knows what would happen at the price of $ 1000. Selling at the 1k would be even more difficult. All of this is just a learning process, or it was one. Now you know a lot more about it, a simple hold would bring the most. Have nothing against regular trading, for which those who know their way around, but holding would be enough. And if you add up your compund interest, that's a lot more you can earn. Unfortunately, many want to become millionaires within the few months and make even bigger mistakes.

[collinsjie]

My biggest mistakes are As follow:
Holding too long for some project that I have not enough confidence on and at the end, I lost all by the inability of the team to deliver the project as promised.

Secondly, Selling too early when I know that project will great in future. I regretted selling early of some project I invested in. Those project later increase in value after full development.

[hair]

I think I don't have  the biggest mistakes but I have smallest mistake was selling too quickly when Crypto prices skyrocketed. sometimes I regret the action. that's why I prefer to hold than trade, I think long term investment is the right choice for me.

[kulkhan]

I did some big mistake in crypto. My biggest mistake was sold Bitcoin. In 2013 i had 3 bitcoin which i sold $1200 per coin. I think that was biggest mistake in my life. If i hold that now i were rich man. But for my mistake i could not hold that. Then bitcoin price was $1200 and now bitcoin price is $64000. I Couldn't imagine it. I think that was my great mistake in my hole life.

[Evgenklm]

my main mistake with altcoins is that I don't know how to wait, I have no patience at all, there are a lot of coins that made 1000x a year later, and of course I sold them a long time ago, HODL! that's what's important in cryptocurrency.