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Author Topic: Your biggest bitcoin regrets?  (Read 43055 times)
Sundark
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May 07, 2017, 04:24:29 PM
 #441

cash out bitcoin to pay taxes  Undecided
You cashed out your bitcoin stash to pay taxes unrelated to bitcoin, or your local tax office targeted you about paying BTC tax?

I regret that I was a 12 year old at the time of the birth of bitcoin and didn't had enough financial knowledge to come into bitcoin.
If I would have been an adult then I am sure that I would have been amongst the earliest adapters of bitcoin.
It is hardly someone can truly regret. Some things are just beyond us.
You are armed with knowledge about future of BTC, but I doubt that you will sold your house in 2010- 2011 to buy random online virtual currency.
Ucy
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May 07, 2017, 05:07:49 PM
 #442

Buying a pizza for 10000 bitcoins Grin

Post of the Decade!! lol wow incredible if true
omonuyak
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May 07, 2017, 05:49:50 PM
 #443

What are some of your biggest bitcoin regrets, and what were you thinking back then?

Besides "not getting in sooner"  Grin


Obligatory: BFL  Tongue


EDIT: Bitcoin "mistakes" go here =)
My great regret is selling my bitcoin when it price was at a lower rate compared to were bitcoin price is today. I also regret not getting in early when it price was at  around $10. I wish I get in early than when I took interest in it and I sold of my coin and the price went up to over 100% the following week.
VC George
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May 07, 2017, 06:07:14 PM
 #444

My only real regret regarding Bitcoin is that I sold much of what I had at about 800$ per BTC. Seeing btc grow so much in so little time made me a bit sad but it happens now & then to almost everyone I guess. Smiley
gentlemand
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May 07, 2017, 08:30:47 PM
 #445

Other than the obvious ones such as not piling in during 2010 I don't have many. I should've bought more during 2014/15 but I'd already spent what I planned to spend and wouldn't let myself go over that no matter how tempting.

I do have multiple regrets with alts. Every single time I have the fleeting thought 'hmm, maybe I should allocate a little something to xxx' xxx goes up 4x. It happened with Stellar a couple of days ago and I knew this would happen. I think I'm going to stop looking at alts now. It's too daffy.
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May 07, 2017, 08:36:25 PM
 #446

My biggest bitcoin regrets is not getting necessary information about bitcoin earlier not until I came across this site. Going through this site had really exposed me into the world of not only bitcoin but other cryptocurrencies having known this long time ago I would have invested in bitcoin when the price was very low.
boyptc
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May 07, 2017, 08:42:43 PM
 #447

cash out bitcoin to pay taxes  Undecided

Atleast you have paid your taxes but I know you have the same regret as others because you have sold your btc at lower price. If it was spent for your own good there's no need to regret for it because you did have some beneficial use on it. But we really can't remove the fact that if you sold it at lower price and seeing the price to pump now, you will regret.

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Karmakid
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May 07, 2017, 08:46:53 PM
 #448

Besides the word not getting sooner there are still two things i regret on this industry,one is wasting huge amount of money and alot of time to an investment site that ended scamming me,second is not getting into trading back when someone invited me
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May 07, 2017, 08:53:13 PM
 #449

The most recent one is buying a steam game worth $29.99 for 0.07 btc a year ago. I know it's not a big sum, but compared today, it's almost a hundred dollars. I pre-ordered BF1 back then and thought that I would be getting a pretty sweet deal. 7 months later I ended up regretting buying it due to its equivalent right now.

But the biggest of my regret is probably not knowing bitcoin too soon.
gentlemand
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May 07, 2017, 08:55:43 PM
 #450

The most recent one is buying a steam game worth $29.99 for 0.07 btc a year ago. I know it's not a big sum, but compared today, it's almost a hundred dollars. I pre-ordered BF1 back then and thought that I would be getting a pretty sweet deal. 7 months later I ended up regretting buying it due to its equivalent right now.

But the biggest of my regret is probably not knowing bitcoin too soon.

I've been spending loads recently. I don't really give a shit if it spirals upwards. At some point you have to put it to work giving you some enjoyment. It can't remain as paper profits forever.

My personal record is a piece of shit phone that was 0.3 BTC second hand. I would now get about $30 for it.
Eternu
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May 07, 2017, 09:00:54 PM
 #451

Well i guess that first regret would be not finding Bitcoin earlier Cheesy . But that one i think does not count, or why did not buy bitcoin earlier. Well because i am pretty new to Bitcoin, my only regret would be, why i did not wait for a bit long for price of bitcoin to rise more and than to sell it Cheesy . I sold my bitcoin saving a bit earlier than i needed too Cheesy .
CyberKuro
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May 07, 2017, 09:02:11 PM
 #452

The most recent one is buying a steam game worth $29.99 for 0.07 btc a year ago. I know it's not a big sum, but compared today, it's almost a hundred dollars. I pre-ordered BF1 back then and thought that I would be getting a pretty sweet deal. 7 months later I ended up regretting buying it due to its equivalent right now.

But the biggest of my regret is probably not knowing bitcoin too soon.

I've been spending loads recently. I don't really give a shit if it spirals upwards. At some point you have to put it to work giving you some enjoyment. It can't remain as paper profits forever.

My personal record is a piece of shit phone that was 0.3 BTC second hand. I would now get about $30 for it.
As time goes on and bitcoin price increase, meanwhile another stuff price seems decline over time such as phone that you have mentioned.
If I could go back to 2010, I will purchase bitcoin as much as I can but that's something out of question, don't regret such thing.
But, you should regret sell out bitcoin at current price when it reach $2000 or $5000 a piece of bitcoin.
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May 07, 2017, 09:33:13 PM
 #453


I regret not finding out about bitcoin earlier because am that kind of person thats always hooked to whats trending around the world or i had an interest in something else or maybe I just didn't get the memo. I wounder how many bitcoins i would have had by now if a pizza could be bought for as low as 10000 BTC back then Tongue
Nascor
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May 07, 2017, 09:47:46 PM
 #454

not having developed it
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May 07, 2017, 09:49:01 PM
 #455

not having developed it

Are you sure about that? Vast riches aside, it would probably be living nightmare of paranoia about being unearthed some day.
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May 07, 2017, 09:49:57 PM
 #456

I regret almost every mistake that I commit, I didn't listen to the people that are telling me that bitcoin has a future and it's value will increase in no time. And that happened and I was like, I want to go back to the past. And the next mistake that I did is when I was able to sell most of my bitcoins when I needed to do so because I don't have money anymore.



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May 08, 2017, 02:30:28 AM
 #457

My biggest regret for bitcoins is that i should have joined this forum in the year 2012 and earned bitcoins as much as possible.
Well back then the price of bitcoins were very low ,on the other hand payments of signature campaigns were high and by now i could have earned a lot of bitcoins,rather now i have to work harder to earn that amount of bitcoins.
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May 08, 2017, 03:58:10 AM
 #458

Earning sathoshi from free website and some apps it's really consuming more data than the sathoshi I earn it's really not worth
Yakamoto
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May 08, 2017, 04:03:02 AM
 #459

Earning sathoshi from free website and some apps it's really consuming more data than the sathoshi I earn it's really not worth
Huge mistake for basically everyone just getting into Bitcoin, same thing happened to me. Burned a few weeks before exploring my other options, and I'm glad I did.

It's a shame that faucet websites exist basically solely due to the fact that there are new users just getting into Bitcoin that are learning, otherwise chances are a majority of them would not be turning a profit and be kept in existence at all. Good on your for getting onto this website.
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May 08, 2017, 04:08:38 AM
 #460

Not really a biggest mistake, but when I am starting earning bitcoin in early last year of 2016, I should have  at least save half of it. Now, bitcoin price value is almost x3 at the current price.  Huh

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