Post
Topic
Board Bitcoin Discussion
Re: What are the biggest mistakes you've done with Bitcoin?
by
Zadicar
on 15/03/2017, 13:18:10 UTC
As the topic says, What are the biggest mistakes you've done with Bitcoin?

I'm trying to gather just a list on things that have gone wrong. This can be terrible backup stories, client hacks, reversing at MtGox and such.
I don't want to gather a list of hacks of commercial sites in particular because there are plenty of information on that already.

I will post everything I find on this very simple website:
http://sites.google.com/site/whoissatoshi/bitcoin-mistakes


Don't be shy!


EDIT: Please add some context, interesting details etc to make it a nice story.

The biggest mistakes I've ever made was, when I sell all my bitcoin at 800$, which I shouldn't do it, it was so very regrettable because look at the price now almost 1251$ and worst in my part its getting more higher in the coming weeks. So now I'm starting again to buy bitcoin little by little and I won't sell it until it didn't reach 5000$.

That's the same mistake most of us did by selling our bitcoin for lesser price then later regretting about it and i have seen two type of people one those newbie who sell all their bitcoin once there is a drop in the price and the other ones are those who sell all their saved bitcoin once the price reaches at peak assuming that it might crash down anytime.
We did the same mistake i do really strongly believe on that.It cant really be avoided since as a human we do really panic when we do see the price of bitcoin goes down and we would really panic specially when we dont have enough knowledge on bitcoins movements and other stuffs and as you said regretting would really happen on the end but still we do learn on those mistakes.