Worst mistake you did with Bitcoin?

[Cranky4u]

Had several chances to by 500BTC @ $2 a coin...spent $1K on hardware instead. About 12 months later coins soared to $50 then $500 and a mad rush to $1200... Could have turned $1k in $600K but only managed $1K into $7K with hardware mining.

Kicking myself as wife agreed to invest $2K total but I cut it back to $1K in hardware because I am a tech-head. New about hardware but not currency 

[Supercrypt]

At initial stage I invested my money in doubler and cloud mining sites, which turned out to be a ponzi schemes and I lost everything that I invested into it.

it seems you should see and reasearch on investment sites that will you use. see if there are signs that the site is the site of a ponzi? do occasionally to try double. if you can not accept defeat

That's the basic requirement when investment an amount regardless of how much it is, you should research well the company you are planning to invest, this is to minimize the risk and to be confident with your investment. Don't invest blindly.

a little research regarding these sites is very important before investing because we can see scammers everywhere as i had lost few coins before few weeks in a ponzi site.

I guess your little research also will not enough to be staying safe from ponzi sites. we need to have strong resolution like not joining any greed inducing websites. It can be either gambling / cloud mining / doubling sites. Otherwise, the mistakes with bitcoin investments will chase us always.

[Icathia]

At initial stage I invested my money in doubler and cloud mining sites, which turned out to be a ponzi schemes and I lost everything that I invested into it.

it seems you should see and reasearch on investment sites that will you use. see if there are signs that the site is the site of a ponzi? do occasionally to try double. if you can not accept defeat

That's the basic requirement when investment an amount regardless of how much it is, you should research well the company you are planning to invest, this is to minimize the risk and to be confident with your investment. Don't invest blindly.

a little research regarding these sites is very important before investing because we can see scammers everywhere as i had lost few coins before few weeks in a ponzi site.

I guess your little research also will not enough to be staying safe from ponzi sites. we need to have strong resolution like not joining any greed inducing websites. It can be either gambling / cloud mining / doubling sites. Otherwise, the mistakes with bitcoin investments will chase us always.

There are a lot of people that is making mistakes with Bitcoin and that is because the value is not even high and they want to gamble but that is quite risky.
It is not that bad to make mistakes with Bitcoin because you also can learn from your mistakes.

[bitdumper]

My biggest mistake was to keep password same everywhere. That resulted me a loss of 0.5 BTC. The second mistake why I didn't recognized its potential earlier.

[darewaller]

At initial stage I invested my money in doubler and cloud mining sites, which turned out to be a ponzi schemes and I lost everything that I invested into it.

I believe, most of the bitcoiners had done this mistake in their bitcoin life.  Because cloud mining were seeming an opportunity for every bitcoiner to be participating in the most exciting part of bitcoin: mining. But unfortunately many of the cloud mining site ended up in scamming.

I agree. But I'm not ready to accept cloud mining investments as the worst mistake. Because, cloud mining can not be a greedy or foolish mistake. People wanted to utilize the opportunity in front of them, unfortunately those opportunities were offered by some scam People.

[klf]

At initial stage I invested my money in doubler and cloud mining sites, which turned out to be a ponzi schemes and I lost everything that I invested into it.

it seems you should see and reasearch on investment sites that will you use. see if there are signs that the site is the site of a ponzi? do occasionally to try double. if you can not accept defeat

That's the basic requirement when investment an amount regardless of how much it is, you should research well the company you are planning to invest, this is to minimize the risk and to be confident with your investment. Don't invest blindly.

a little research regarding these sites is very important before investing because we can see scammers everywhere as i had lost few coins before few weeks in a ponzi site.

I guess your little research also will not enough to be staying safe from ponzi sites. we need to have strong resolution like not joining any greed inducing websites. It can be either gambling / cloud mining / doubling sites. Otherwise, the mistakes with bitcoin investments will chase us always.

There are a lot of people that is making mistakes with Bitcoin and that is because the value is not even high and they want to gamble but that is quite risky.
It is not that bad to make mistakes with Bitcoin because you also can learn from your mistakes.

Nothing will waste if you spent time for any thing and it's not worked means we can not think it's waste of our time it will use in any time in future like wise investing about site also good because all sites are not making scamm right we will get some good sites also so here i agree some investigation is required for gmabling/trading/cloud mining anything if we want to do any new business means we have to search regarding that and will move forward.

[BitHodler]

At initial stage I invested my money in doubler and cloud mining sites, which turned out to be a ponzi schemes and I lost everything that I invested into it.

I believe, most of the bitcoiners had done this mistake in their bitcoin life.  Because cloud mining were seeming an opportunity for every bitcoiner to be participating in the most exciting part of bitcoin: mining. But unfortunately many of the cloud mining site ended up in scamming.

I agree. But I'm not ready to accept cloud mining investments as the worst mistake. Because, cloud mining can not be a greedy or foolish mistake. People wanted to utilize the opportunity in front of them, unfortunately those opportunities were offered by some scam People.

Well, there are a lot people that invested in certain cloud mining sites while they knew it was nothing more than a scam bubble that will pop at some point. That's not only greed from people, but also stupidity.

[Doms]

If helps that there's a thread like this one. It is sort of a reminder of the blunders, mistakes of the past, charge-to-experience moments we as members of BTC has gone through one time or another. I can see a lot of regrets from joining ponzi schemes and cloud mining sites.

[MyBTT]

My biggest mistake was to keep password same everywhere. That resulted me a loss of 0.5 BTC. The second mistake why I didn't recognized its potential earlier.

I always use different passwords and keep in a secret location in my house. Also known as my desk drawer. Never use the same passwords for multiple websites, you will end up hating yourself when it all comes crashing down.

[iulianbutanu]

My first 1 btc I gambled on prime dice. 1 btc on 1.1x payout and I lost it

[peta4e]

My biggest mistake was to keep password same everywhere. That resulted me a loss of 0.5 BTC. The second mistake why I didn't recognized its potential earlier.

I always use different passwords and keep in a secret location in my house. Also known as my desk drawer. Never use the same passwords for multiple websites, you will end up hating yourself when it all comes crashing down.

Its always good to have multiple passwords but people have habit of using same password for multiple sites which will result in huge loss if something goes wrong in future.

[justspare]

My biggest mistake was to keep password same everywhere. That resulted me a loss of 0.5 BTC. The second mistake why I didn't recognized its potential earlier.

I always use different passwords and keep in a secret location in my house. Also known as my desk drawer. Never use the same passwords for multiple websites, you will end up hating yourself when it all comes crashing down.

Its always good to have multiple passwords but people have habit of using same password for multiple sites which will result in huge loss if something goes wrong in future.

People tend to use the same password for more than one website, just for the convenience. I definitely do not recommend it as you could lose a lot of money if anything goes wrong.

[btcltccoins]

Invested  in doubler hoping that my bitcoins will be doubled in few days and also invested lot in gambling and lost everything, that was the biggest mistake.

Yeas, that is really big mistake, because i have seen most of the people who done this. they are earning very hardly and when they play gambling and then they lose everything. i always advice to everyone avoid the gambling.

[senyorito123]

Invested  in doubler hoping that my bitcoins will be doubled in few days and also invested lot in gambling and lost everything, that was the biggest mistake.

Yeas, that is really big mistake, because i have seen most of the people who done this. they are earning very hardly and when they play gambling and then they lose everything. i always advice to everyone avoid the gambling.

I seen many doublers are scattered in fb groups and surely the winner of doublers is those early birds and thats one of my mistake investing to that i lose not very big but its also a money  and other mistake is indulging in gambling im hoping at first to earn more money with gambling but turn i lost big with it and i really not looking at gambling now

[terman45x]

Invested  in doubler hoping that my bitcoins will be doubled in few days and also invested lot in gambling and lost everything, that was the biggest mistake.

Yeas, that is really big mistake, because i have seen most of the people who done this. they are earning very hardly and when they play gambling and then they lose everything. i always advice to everyone avoid the gambling.

I seen many doublers are scattered in fb groups and surely the winner of doublers is those early birds and thats one of my mistake investing to that i lose not very big but its also a money  and other mistake is indulging in gambling im hoping at first to earn more money with gambling but turn i lost big with it and i really not looking at gambling now

There is nothing like doubling your coins, if you want to double then you need to put efforts and work hard to achieve it there is no short cut to success.

[YuginKadoya]

There is nothing like doubling your coins, if you want to double then you need to put efforts and work hard to achieve it there is no short cut to success.

Yup! there is no such thing as easy in doubling your coins especially when it is bitcoin, you will totally need to work hard, time, knowledge, skill and patient to do this and to do successful trading you will also need all of this in achieving your double coins.

[stromma44]

There is nothing like doubling your coins, if you want to double then you need to put efforts and work hard to achieve it there is no short cut to success.

Yup! there is no such thing as easy in doubling your coins especially when it is bitcoin, you will totally need to work hard, time, knowledge, skill and patient to do this and to do successful trading you will also need all of this in achieving your double coins.

Yes without making efforts you cannot double your coins, many sites promises to double your coins but those all are ponzi so beware of those scammers.

[YuginKadoya]

There is nothing like doubling your coins, if you want to double then you need to put efforts and work hard to achieve it there is no short cut to success.

Yup! there is no such thing as easy in doubling your coins especially when it is bitcoin, you will totally need to work hard, time, knowledge, skill and patient to do this and to do successful trading you will also need all of this in achieving your double coins.

Yes without making efforts you cannot double your coins, many sites promises to double your coins but those all are ponzi so beware of those scammers.

Yup! there are surely a lot of ponzi sites out there that is why you will need to try and study their sites first before letting them have your  money because it will be a trouble if they would end up scamming your bitcoins and then you will feel sorry for what you did!

[Bloxy]

Probably selling it off when it only costed a few dollars.

[goldcoinminer]

There is nothing like doubling your coins, if you want to double then you need to put efforts and work hard to achieve it there is no short cut to success.

Yup! there is no such thing as easy in doubling your coins especially when it is bitcoin, you will totally need to work hard, time, knowledge, skill and patient to do this and to do successful trading you will also need all of this in achieving your double coins.

Yes without making efforts you cannot double your coins, many sites promises to double your coins but those all are ponzi so beware of those scammers.

Yup! there are surely a lot of ponzi sites out there that is why you will need to try and study their sites first before letting them have your  money because it will be a trouble if they would end up scamming your bitcoins and then you will feel sorry for what you did!

That ponzi site also is one of the reasons why we lost our money aside from gambling. But I have to differentiate the two in investing ponzi you lost already your chance to gain because mostly they are scam but in gambling you can still have a chance to win even though you chance are lower compared to the house. There it should be ponzi whose the worst mistake in investing our coins.