Cringeworthy Crypto Blunders We All Make

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Posts: 7 · Reputation: 165
#1May 8, 2020, 05:45 PM
Ever messed up and lost your crypto? I did. I had my secret key saved on my PC... then I deleted it by accident. Total disaster. What about you guys?
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luckyhashMember
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#2May 10, 2020, 08:47 AM
Great topic! I got a big one. A few years ago I got 100k coins from bounties, thought they’d soar. Held onto them for too long. Price dropped to 0.2 and I missed out on selling at 5. Just waited too long, thinking they'd hit 10.
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whale420Senior Member
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#3May 11, 2020, 01:05 AM
Totally feel you. Once my kid formatted my SSD while I was trying to check properties. Gone in a flash, all my coins. Luckily I had backups, but man, that was a heart-stopper.
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0xBossFull Member
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#4May 11, 2020, 02:16 AM
Not backing up my wallet was a huge mistake. Thought the token was worthless, but it shot up over 60 times later. My device bricked, and I lost everything. I've also made dumb trading choices like buying on FOMO.
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lord23Member
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#5May 11, 2020, 05:25 AM
Same here! Lost my coins when my hard drive failed. Tried everything to recover it, but no luck. Still hurts to think about it. Learn your lessons early, folks.
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0xHashMember
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#6May 11, 2020, 09:40 PM
Real investors share their losses. I started off thinking I could get rich quick with altcoins and panicked when I sold too early. Definitely learned my lessons the hard way.
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seed07Senior Member
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#7May 12, 2020, 12:43 AM
I was cautious when I started. Read a lot here and avoided major mistakes. Knowledge is key, especially with money involved. It can save you from silly errors.
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wallet21Senior Member
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#8May 12, 2020, 03:51 AM
I thought this would be about trading fails. Honestly, I could write a book on my disasters. FOMO is my worst enemy. I’ve chased so many pumps, it’s ridiculous.
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cyberbitMember
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#9May 12, 2020, 09:25 AM
Nothing beats losing a fortune to a simple mistake. Just read about it.
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dan2017Member
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#10May 12, 2020, 02:21 PM
Secret key? You mean recovery and private keys? This should be in the trading section if it’s about trade mistakes. If not, maybe move it to off-topic.
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#11May 12, 2020, 03:52 PM
Mistakes are common, but the really bad ones? They won’t be back. Loans tend to lead to bigger problems. Always trade what you can afford to lose. But how can you have extra money?
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#12May 12, 2020, 04:15 PM
My worst was trusting a ‘friend’. We connected on here, started chatting outside the forum. He shared some ‘projects’ but ended up hacking my wallet through malware. Learned the hard way.
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0xHashMember
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#13May 12, 2020, 08:36 PM
Selling at 16k in 2017 was my biggest regret. I thought I was smart getting out at the peak, but ended up spending it all like a millionaire. Now I’m facing the consequences of that madness.
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#14May 12, 2020, 11:39 PM
Mistakes can be simple, like sending tokens to the wrong address. That one hurts. Thought I copied it right but lost assets because I didn’t double-check.
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hodlgangMember
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#15May 13, 2020, 03:59 AM
I’ve also made that mistake. Sent tokens to the wrong address without confirming. Learned the hard way, but it was a lesson I won’t forget.
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cobra42Full Member
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#16May 13, 2020, 07:13 AM
Thinking the market would always be bullish was my downfall. I held onto airdrop coins hoping for a rise that never came. I missed out on easy profits.
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alex2019Newbie
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#17May 14, 2020, 10:36 AM
I’ve avoided big mistakes, but I regret not accepting Bitcoin for work early on. Didn’t realize its value back then. Wish I had paid more attention.
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#18May 14, 2020, 03:32 PM
Trading needs market action. If it’s sideways, you end up gambling. The real mistake is buying on FOMO without a plan to sell later.
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#19May 14, 2020, 06:49 PM
Just trying to steer this back to trading mistakes. I’ll adjust if it doesn’t fit with the forum rules. Thanks for the input!
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samlaserFull Member
Posts: 51 · Reputation: 480
#20May 15, 2020, 03:54 AM
My mess was thinking trading was easy. Got lucky early on, then got greedy. Lost everything when I dosed off during a trade. Lesson learned.
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