Re: WORST decision about BTC

Hi, all. I know that everyone here would have made some terrible decision about BTC. So I was wondering, what is the worst decision that you have ever made.

Personally, my worst decision was gambling 1.3 BTC in dice, just yesterday.

Compared to yours, my losses are nothing, losing 1.3 btc in just a single day is really a bad feeling, i saw someone crying around somewhere in the forum for losing something similar to yours and wishing to kill himself.
Well my mistakes were always investing in hyips which never turned out to be good obviously, though i did not lose much but according to what i used to earn that time it was a lot for me.

And that's why you shouldn't invest in HYIP's, even if they pay out a couple of times, you will probably lose in the long run.
Plus you're enabling them to scam other people too.

Hyip's will pay you at initial stage to gain trust from you, and you will try to invest higher amount to get higher profits but then those sites will simply disappear with your investments.

It's just for gaining the trust and reputation but at the same time if you already believe with them and you will teach your close people about that and another impact you will plunge your close people to joining with them and losing their fund's because of you.

Yes HYIP sites pay in starting so that they start getting more and more investment from users as people spread among each other that they got paid by the site. I think the best way ( if any and I personally advice don't ever use HYIPS ) is to invest in early stage and then screen out as soon as possible and as soon as you got some profits.