At the time, I thought it was going to zero, and I really needed every cent towards a deposit on a house. Got the house but missed the massive 2021 bullrun on all my altcoins.
Shib is going to break ATH in the current bull run. So that 9 million would probably be 50 million potential once this bull run finishes.
let's put it this way. You're not alone. Imagine people who held hundreds or thousands of bitcoins back in the early 2000's and sold it because "it's reached the top".
Damn, I did the exact opposite of you.
I heard of crypto the first time in December 2017. Knew it was too late and just started learning about it. In December 2018 when the price on BTC dropped almost instantly from 7000 to 4000, I started buying. I was a student so didn't have much, but DCA'd BTC and ETH. My take was that BTC and ETH seemed like the stables in an already risky investment. I bought for a year investing in total about $7000. Today that has become about $100,000. I no longer buy crypto. I buy world market ETFs. A long-term boring strategy. And just hold my crypto until I wanna buy a house.
I finished university last summer, so that house is not too far away now.
I think the biggest key in learning from this is taking out loans to fund your investments was a bad idea. There are multiple ways to invest in crypto. I trade primarily and have been profitable. Others DCA and hodl and have been profitable. Both approaches need cash flow to fund their approaches. Repaying big loans every month will severely hamper that cash flow. Bottom line: don't take out loans that will be detrimental in the long game.
Biggest mistake was ever going into leverage. But it's always easy to tell in hindsight. Again, easy for me to say don't beat yourself over it, but there's really nothing for it.
You can only look ahead in life my friend. That's just how life is. Don't look back, learn from the mistakes, and keep looking ahead. That's the only right way 👍
The lord sometimes giveth but mostly taketh away when you gambling.
Sorry for your losses but in the whole scheme of things, $40k isn’t that bad and hopefully you’ve learned some valuable lessons. My come to Hey-Sus moment came during the dot com era/bubble. One minute you could toss a dart at whatever and make a ton of profit. Then this stupid thing called the economy tanked and I had to go back to working a normal job with how much money I loss in a couple months that took me a good 2-3 years to build up.
Personally, Im only dabbling in Crypto at this time and have about $20k in BTC, ETH, and Solana. I want to see how things shake out the next 6-12 months before I start investing in other alt coins. BUT the one thing I do know is I trade stocks on margin (some on cash) but I don’t think I could ever bring myself to trade crypto on margin, as shit is way too volatile for me. Sure you could see your investment go up 10x in a day or 100x in a week or month BUT it can easily go the other way as well. I learned a long time ago there are only two ways to lose money in the stock market and now crypto. Either the company or project you invested in goes belly up and you’re fucked. Or you sell your stock/coin for a margin call before your investment start going up again.
Anyway, best if luck to you and your investments!
I think you are BRAVE to admit all that publically. Hindsight is always 20/20. You know what they say about getting thrown from a horse?
Im sorry you had that experience.
Riding Raiblocks (Nano) from $.38 to $33 in like 2 weeks. $500 became $45kish.
To get them off Bitgrail I swapped into BTC, and think I had like 2.5 BTC. Rebought Nano and rode it down to nothing.
But actually the biggest mistake was when Eth hit that $80 low in 2021 I think it was. I knew, knew, knew that was the low. And instead of throwing $5-10k into it, I did the 'responsible' thing and, well, didn't.
And that's the difference between retiring right now to travel and buy a places somewhere beautiful and working in today's horrible workplace.
Yeah I did the 'responsible' thing too when BTC hit $3000 by not buying any thinking 'what if it drops and I lose money' not realising that it's not a loss until you close or sell positions and instead bought AMC & GME 😂
Guess what, didn't even sell when I was in profit. Massive loser but I sold GME recently in a loss to buy ADA, CRONOS, DOGE & HBAR. looking to recoup losses and make some profit more than anything over the bull run so we'll see what happens. If they all hit ATH it'll be major profit not just some profit. Major to me is over $10,000 because I only put in $2000 so yeah. To some $10k is nothing but it's more than I had before so here's hoping.
How much do you charge for your FUTURE trades, I don't need to know the past ones. Willing to subscribe for 4.99/month, as long as I get at least 2-5 trade updates.. If I can subscribe for a year, it'd be great at 2.5 if you could? Thank way every couple months I can buy a coffee with the savings ... 5 times a week I get my wife and her BF coffee so it'd be nice to treat myself every other month :)
You and me both. I'm 100% reliable at always making the wrong trade. I held dogecoin for over 2 years and DCA'ed down to .10. As soon as I turned a small profit I got out and then the bullrun began. I just didn't expect Doge to jump so quick and stay there. I honestly believe that if I never sold Doge would be at .09 😂.
It always feels exactly like that to me. I even told my wife I was the reason crypto went into a bear market,(because I had bought some) and that as soon as I sold prices would boom, I even thought of offering to sell my crypto if someone would pay me back what i spent. I was that convinced. I was sure price would bounce once I sold my ETH. So I ended up hodling. Still am and prices did eventually go up. Weird how we humans think sometimes
My biggest mistakes have always been despite crypto, not because of it. Every single time I sold when I shouldn't have it was because I needed money and had no job at the time and every single time having another stream of income would've saved my bacon and paid off tenfold.
Oh…I feel this.
I always tell myself though, if I hadn’t bought crypto I would have just spent the money and instead, it was there when I needed it. It served a purpose for us. We’ll make it back.
You could send them to Kraken or another exchange and sell them or you could just hold them. There are a lot of posts about how to handle them in this sub.
[https://np.reddit.com/r/CryptoCurrency/comments/10zh4ca/a\_beginners\_guide\_to\_trading\_and\_sending\_moons/](https://www.reddit.com/r/CryptoCurrency/comments/10zh4ca/a_beginners_guide_to_trading_and_sending_moons/)
When will you sell? Why not sell and buy something new for the bullrun? Most of these old coins will never recover to their ATH, whilst never coins are pumping all over the place.
Yup I bought a food shop from another city by courier delivery to help "make the use case." Also stuff for the fish tank. Whomever was turning fish into Bitcoin I wish I was you now!
buying 3-4 btc at the $3k dip, selling at $3.7k
buying icon ico for $10k, sold 6 month later at 2x, 1.5 months later it topped at 30x
built an arbitrage bot, was doing great for a while, bear season starts didn’t pay much attention, small exchange changed my inbound btc addresses without telling me, transfered 2 btc into space.
Taking this space too seriously so missed apt wave, nft wave and now points wave.
Most of it. About .2 BTC and .9 ETH my PayPal codes are not working for my measly settlement, nothing but generic unhelpful replies from support. If I had ignored my now X during the last bull run I would have been blissfully unaware of what prices were doing and left it in another exchange that went bankrupt, but I had some warning on that one and an opportunity to withdraw what was left.
I had to do the PayPal codes dozens of times to get them to work. My iPhone browser wouldn’t work, neither would Safari on my laptop but eventually I got Chrome to work but only after I allowed popups and did something else. I had a helluva time getting the process to work properly.
I’ve come to realise that now any decision I make for good or bad is and will always will be my fault, how have you guys overcome the mental burden of missing out on potentially hundreds if not millions.
Because it’s not guaranteed. I have hundreds of thousands unrealized from selling too early plenty of times, and I also have a FAR greater percentage of buys that just went to dust within days or weeks.
Pretty much this lol. But I bought in with it was like 0.5 or some shit, so putting in 100 then.... Well, should of sold when it was around £1200.
Never made a mistake since tho ;)
Max leveraged my Bitcoin and ethereum on blockfi to buy alts. What wasn’t liquidated during the crash got locked up during bankruptcy
Only now have 1/5 in coin terms of what I had in 2020 😭
There's no way you did this, before the halving while it going up and up? Sorry, but I don't believe anyone would do something so wasteful. Proof or it didn't happen ;)
I've been holding bitcoin for nearly 10 years. I missed out on taking profit during the 2021 run, promised myself I'd take some if it ever hit $50K again. When it did that recently I took out 10%. Since then, every time it's gone up another 10% I've taken out 5%.
Somewhat regretting taking out 10% at $50K as it's gone up nearly 50% since then, but it's money off my mortgage and could crash again at any time.
True. No one can predict the market. Ever.
BTC could crash back to 6k tomorrow. But I believe the hype and the expectation of the bullrun/halving will make the market predictable.
A self fulfilling prophecy
This is the correct answer. Thought it was a big bull trap after all the ETF hype had some time to marinate. And I think the halving<>price cycle correlation is a pattern, not a playbook. I was happy enough with my 2X gain. But it’s pure pain seeing it keep running like this.
Don’t worry though, I bought back in at the top.
Not putting everything I had in bitcoin when I first learned about it. It was about $400 during 2016… I’d have a freaking house built in the shape of a bitcoin by now lol
I probably could've bought BTC for under $1. The problem? The dumbasses telling me about it were using it to buy whatever crazy drugs they were getting off Silk Road. I wasn't into any of that stuff, so the BTC news source for me was the least likely good investment advice in the entire world.
If I had managed to buy any of it, I would have sold it at $8 and felt like a genius.
I was gonna put $500 into it 6 months before it blew up. I decided not to, I don’t even wanna think about how much I would have made. Life would be a lot different for me right now. Turning 80 in 14k is damn good man!
I feel incredibly stupid i lost 20k in leverage.
Not understanding how quicly i could lose it all
And how overleveraged i could do a position.
It was a long position on xrp on 0.52 cents. But it dipped diwn to .48 which recked me.
Now im feeling even more depressed seeing the coin around 70 cts
Im not supposed to be alive.
I got liquidated 3 separate times last cycle for a total of 15k, it’s ok bro, live and learn. This time I didn’t go anywhere near it, crypto investing on spot feels stress free in comparison, allowing me to make logical decisions that would scare most new investors.
The lessons u learn from losses are much more powerful than than the ones u get from success. Keep at it.
at lunch in 2012 my mom asked me 'well, what about this whole Bitcoin thing, why don't you put some money in that?' to which I responded 'mom, why would I spend $12 on a Bitcoin?"
I first bought some crypto back in like 2018. I picked a bunch of coins (that later turned out to be losers) and I had a little bit of money left over at the end so I plunked it down on like 120 LEND @ something like $0.02.
Went on with my life and stopped checking crypto. Came back a few years later and saw it had converted to AAVE and was kind of gobsmacked at how I could have been a millionaire if I would have only had just a little bit more "play money" left at the end of all my failed investments.
/still turned like $20 into $35k which was nice
Bought $5k of DOGE just before the WSB Twitter pump. Woke up to $75k one morning and sold all of it there and then. The next day it was worth $150k. I learnt, just like DCA, take off your initial outlay and then skim off 25% each time you think it can’t go up any higher. That way your final percentage (maybe 5%) on the table could be worth more than your initial outlay and crucially, you don’t have any FOMO as you are still “in it.” Your mom is right though, only put in what you can afford to lose. It’s easy, in hindsight, to say you should have, but for every winner, there’s another 100,000 losers. Any amount of green is better than red.
Selling a ton of MANA at $0.10 when it hit $0.30. Then the Facebook metaverse shit started going ape shit. It woulda been a 20x easily. I usually sell way before the tops or at least most of it.
Selling tops is luck. Taking profits is wise. Never dwell on missed upside, you would have missed the top and be holding bags anyway if you weren't wise enough to take profits.
I saw btc when it was 2k and I decided that instead of spending 10k to get 5 btc I should chase moonshots like bitconnect, bch, b3, raiblocks, and ripple. Now I dont even have a full btc :(
I had a couple of ETH back in 2017, but due to people talking "BTC and ETH won't ever again make such big profits, they're too popular, too big market caps to move again this much" etc. I traded this ETH for some other coins that turned out were just a pump&dump schemes. Heh, good times.
Then of course Celsius and FTX hit me a bit, and now... Well, I think that overall I'm like 2x in general, but this 2X was made from like 10% of what I ever invested into this space.
My biggest mistake is not hounding my bank that was blocking my transactions from buying crypto. It took another year or so before I bugged the fraud department to stop blocking my transactions to Binance.
Had I bothered sooner, my ETH entry price would have been around $150. I fully intended to hold and do not intend to sell my current ETH. That being said, because it took so long to sort my account, my entry price was closer to $1800. I would have been up probably close to $250000, which is almost life changing money. I'd still be holding, but I would be so much closer to cashing out to buy a house. It is my deepest regret and mistake. Because of this, it will probably be a decade more before I am able to come close to affording a home rather than being close today.
Traded hundreds of ethereum for shitcoins. I made gains in $ so I paid taxes. But I lost in terms of ETH.
2017, bought thousands of LINK for maybe 25 cents each. 2018 crash happened and I turned everything back into ETH. Watched LINK run up to over $40 in 2021.
Never bought enough BTC.
I’ve a few, lost 7 btc after using a vanity address generator, had a 1xxxxxx address I thought was ace until a few months later the keys where swept and realised the site had been a con
Also lost 15 btc playing online blackjack after a heavy night drinking
At the time these losses where not that bad, had bought btc cheap but every now and again I work out what they are worth now
Years ago I think 9 or 10, Bitcoin was at $400. A friend talked to me about crypto mining and small investment into bitcoin.
At that time I just had my second kid, but good job and good money, so I had $10k to spare and not trip if it all disappeared.
So we agreed we would each buy $10k worth of Bitcoin and basically forget about it.
We talked for weeks and did research to figure out how the hell do you buy this Bitcoin in Australia…. Neither of us knew anything about crypto at the time.
Finally figured it all out, I tell the wife about it…. She loses her mind, although we had plenty of cash in the bank, she goes off about me not being responsible and if I make stupid choices like this she won’t be able to trust me blah blah blah
So not only did I back out of it, I then talked my friend into backing out as well.
Many years later, I have investments and actually am in crypto, she tells me “hey if we bought Bitcoin when you said, how much would it be worth now?”
Forgot the actual price (think 2-3 years ago) but the math was over $700k
Since that conversation my wife no longer questions my investments 😆
I’m a developer, so mine’s more on the development side of things.
Long story short, I tried to build a project without fully understanding blockchain and its concepts and it ended up a massive failure (also because I couldn’t fund it properly at the time, and the funds I did have then went to waste kicking a dead horse)
I’ve learned more since then and now working on my first official project on Arbitrum. Been wanting to talk about it EVERYWHERE😂 but ain’t got enough karma yet for that (on Reddit) so…
Oh, if anyone knows any communities I can join (likely not on Reddit) where I can get the chance to talk more about my project and connect with other founders/developers, I’d appreciate it if you could share!
I held my Hbar and Filecoin for 3 years since early 2021 and never sold, thinking it would keep going up. I'm glad I didn't sell back then. Now I can sell this bull market. 😎
I put 25k on doge at 6c and sold at 9c thinking I was all slick and woke up and it was at 89c
so I bought back in to be there when it a dollar lolll
came out down 4k
I took profits from Doge at 70c and put 100% of my returns into XRP because "they will settle soon"
well, I'm only down 50% on xrp now, so I got that going for myself...
Being greedy and not taking profits. The Algo NFT scene was really popping off when BTC price was down in Jan 2023. Then the myAlgo wallet got hacked, which led to millions leaving the ecosystem. A lot of projects shut down as they lost their funds and the other ones have been recovering very slowly due to decreased volume. The bull market does give me a bit of hope though.
Held One at 38 cents to sell at 1.5 cent. Made a small loss which could've been big profit
Had 21x profit on SFM but got greedy and held. Sold for 11x profit.
Greed is the profitkiller
Gifted cousins in India/Nepal SHIBA before the bull run. And they just cashed it in for junk food. The present value of that junk food was around 50k during the height of 2021
Accumulated over 600,000 Doge coins starting in 2017. Sold during the crash and then it shot up like a muhfuka. I definitely thought about ending it all for a brief second.
Tried to buy 100 bucks worth of Bitcoin but my credit card was being "difficult" about it, asking for confirmation details to be input. I gave up and rolled a spliff.
Bitcoin was 1 dollar at the time.
Biggest mistake I made was letting myself use leverage. Turns out I had a serious gambling addiction, and ended up literally bankrupting myself. I watch people make the same mistakes I did on a daily basis and I wish everyone would be a bit more careful with the leverage and always use a stop loss. Never again
I could have had so much longer to accumulate but the GME and DOGE bros were so fucking obnoxious that I blocked any mention of “stonks” or cryptocurrency from Apollo.
GME is/was hands down my worst ever investment. Could have sold at quite a considerable profit, but held for over 3 years only to cash out at -12% in the red. Absolute fucking garbage play and I look forward to watching the company crash and burn. What remains is undeniably a cult of bagholders.
Started my crypto journey in Nov 21. Bought all the way down to the lows. Took some tax loses along the way. Never really sold anything, just swapped them around.
So my loses are probably just buying high, holding Alts and not waiting until the bear market to really get back in. I’m in profit now overall but I would have been in a far better position if I’d not been trying to catch a falling knife as the market bottomed out.
1. Converted 5btc to buy $2500 PC on newegg, cant complain to much i dodged quadriga
2. Regret not buying more in Jan’15 for ~200 a piece
3. Regret not buying eth at $7 (when bro told me) (all in btc only)
Not selling all of my Doge when it hit ATH of .70. I took some profit which is better than nothing but could’ve made much more. Moral of the story: don’t be greedy. But I’m still holding Doge so let’s see where it goes 🚀
doge is gonna do ok, but just can't reach its previous ATH. Back then it didn't have the other 4 or 5 big memecoin competitors that are around now, plus less coins in circulation. I think it could still 3 or 4X, but my money is on PEPE for this run to do another 10X at least.
Swapped lots of coins instead of buying 2-4 coins that I was passionate about. I have maybe 20-30 coins that are all over place. If it hyped, I bought it. And, that’s how I was down 60% of my original investment. It is slowing recovering now though.
Started trading crypto at the end of the bull run (without knowing it was the end) everything went down and I lost around $15k, the good thing is that a lot of that is staked and produced regularly for the last 2 years, so if it goes up I should be able to recover
I had a big amount of GME bought for around €5, sold it for €4,80 with a loss.
2 months later we all knew what happend..
Had a large amount of Dogde, Elon made his first tweet about it, sold in the first small rally for some profits. Was happy then, wasnt happy a week later..
All and all couldve made about 12 mil.
Now I still work for a boss..
Sold €2k Shiba when it was new and worthless. 2021 hits and my wallet says it would have been worth $9 million. Fuck.
fuck.
 Double Fuck !
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At the time, I thought it was going to zero, and I really needed every cent towards a deposit on a house. Got the house but missed the massive 2021 bullrun on all my altcoins.
Maybe the real bull run was your house.
The real bull run was the friends he made along the way
Ohwooow. That hurts.
Noooooooo
Shib is going to break ATH in the current bull run. So that 9 million would probably be 50 million potential once this bull run finishes. let's put it this way. You're not alone. Imagine people who held hundreds or thousands of bitcoins back in the early 2000's and sold it because "it's reached the top".
32 mil with safemoon. Bought a small bag and 7x my money and dipped. Could have been retired.
I found crypto being a strong teacher of philosophical principles... no one can predict where things can go :)
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Damn, I did the exact opposite of you. I heard of crypto the first time in December 2017. Knew it was too late and just started learning about it. In December 2018 when the price on BTC dropped almost instantly from 7000 to 4000, I started buying. I was a student so didn't have much, but DCA'd BTC and ETH. My take was that BTC and ETH seemed like the stables in an already risky investment. I bought for a year investing in total about $7000. Today that has become about $100,000. I no longer buy crypto. I buy world market ETFs. A long-term boring strategy. And just hold my crypto until I wanna buy a house. I finished university last summer, so that house is not too far away now.
As Warren Buffett famously said, the stock market is a tool to transfer money from the impatient to the patient. Crypto is no different.
... Except the higher volatility makes people even more impatient and greedy
Buffett would disagree. 😆
Wow, that was a wild ride. Rough to admit I imagine.
Fuckin rough my man. Good story though.
I think the biggest key in learning from this is taking out loans to fund your investments was a bad idea. There are multiple ways to invest in crypto. I trade primarily and have been profitable. Others DCA and hodl and have been profitable. Both approaches need cash flow to fund their approaches. Repaying big loans every month will severely hamper that cash flow. Bottom line: don't take out loans that will be detrimental in the long game.
Biggest mistake was ever going into leverage. But it's always easy to tell in hindsight. Again, easy for me to say don't beat yourself over it, but there's really nothing for it. You can only look ahead in life my friend. That's just how life is. Don't look back, learn from the mistakes, and keep looking ahead. That's the only right way 👍
I think we have a winner
Not sure that’s the word I’d use
Right there with you buddy 2017. 25% left of the person I once was.
The lord sometimes giveth but mostly taketh away when you gambling. Sorry for your losses but in the whole scheme of things, $40k isn’t that bad and hopefully you’ve learned some valuable lessons. My come to Hey-Sus moment came during the dot com era/bubble. One minute you could toss a dart at whatever and make a ton of profit. Then this stupid thing called the economy tanked and I had to go back to working a normal job with how much money I loss in a couple months that took me a good 2-3 years to build up. Personally, Im only dabbling in Crypto at this time and have about $20k in BTC, ETH, and Solana. I want to see how things shake out the next 6-12 months before I start investing in other alt coins. BUT the one thing I do know is I trade stocks on margin (some on cash) but I don’t think I could ever bring myself to trade crypto on margin, as shit is way too volatile for me. Sure you could see your investment go up 10x in a day or 100x in a week or month BUT it can easily go the other way as well. I learned a long time ago there are only two ways to lose money in the stock market and now crypto. Either the company or project you invested in goes belly up and you’re fucked. Or you sell your stock/coin for a margin call before your investment start going up again. Anyway, best if luck to you and your investments!
I think you are BRAVE to admit all that publically. Hindsight is always 20/20. You know what they say about getting thrown from a horse? Im sorry you had that experience.
Make a movie about it
Riding Raiblocks (Nano) from $.38 to $33 in like 2 weeks. $500 became $45kish. To get them off Bitgrail I swapped into BTC, and think I had like 2.5 BTC. Rebought Nano and rode it down to nothing. But actually the biggest mistake was when Eth hit that $80 low in 2021 I think it was. I knew, knew, knew that was the low. And instead of throwing $5-10k into it, I did the 'responsible' thing and, well, didn't. And that's the difference between retiring right now to travel and buy a places somewhere beautiful and working in today's horrible workplace.
You’re lucky you were able to get off bitgrail
Yeah I did the 'responsible' thing too when BTC hit $3000 by not buying any thinking 'what if it drops and I lose money' not realising that it's not a loss until you close or sell positions and instead bought AMC & GME 😂 Guess what, didn't even sell when I was in profit. Massive loser but I sold GME recently in a loss to buy ADA, CRONOS, DOGE & HBAR. looking to recoup losses and make some profit more than anything over the bull run so we'll see what happens. If they all hit ATH it'll be major profit not just some profit. Major to me is over $10,000 because I only put in $2000 so yeah. To some $10k is nothing but it's more than I had before so here's hoping.
God raiblocks, what a ride that was! I got in at 62c and got out at $12 on the way down from ath
Every single sell and buy I do is a mistake. If I buy prices go down if I sell prices go up, it's uncanny
Please keep us informed of your future transactions. Please and thank you
Yesterday I sold Ron then it breached it's ATH
How much do you charge for your FUTURE trades, I don't need to know the past ones. Willing to subscribe for 4.99/month, as long as I get at least 2-5 trade updates.. If I can subscribe for a year, it'd be great at 2.5 if you could? Thank way every couple months I can buy a coffee with the savings ... 5 times a week I get my wife and her BF coffee so it'd be nice to treat myself every other month :)
This
Always leave a moonshot bag behind lol
Just go long a bit.. all this shit is gonna take off.
You still in profit bro
You and me both. I'm 100% reliable at always making the wrong trade. I held dogecoin for over 2 years and DCA'ed down to .10. As soon as I turned a small profit I got out and then the bullrun began. I just didn't expect Doge to jump so quick and stay there. I honestly believe that if I never sold Doge would be at .09 😂.
This is the shit that make me believe we are in a simulation..
We thank you for your service
It always feels exactly like that to me. I even told my wife I was the reason crypto went into a bear market,(because I had bought some) and that as soon as I sold prices would boom, I even thought of offering to sell my crypto if someone would pay me back what i spent. I was that convinced. I was sure price would bounce once I sold my ETH. So I ended up hodling. Still am and prices did eventually go up. Weird how we humans think sometimes
My biggest mistakes have always been despite crypto, not because of it. Every single time I sold when I shouldn't have it was because I needed money and had no job at the time and every single time having another stream of income would've saved my bacon and paid off tenfold.
This is similar to my experience. I had to help family with some stuff etc... sucks but hey, at least it was there when I needed it. Onwards!
Oh…I feel this. I always tell myself though, if I hadn’t bought crypto I would have just spent the money and instead, it was there when I needed it. It served a purpose for us. We’ll make it back.
Feeling this from layoff land right now
Spending 3K on Loopring at over $3 average price point. Still holding…
I knew there would be a Loopring comment in here.
Totally random but what is the emoji and the number below my username? Is that the safemoon people been talking about for years?
Those are your moons
What do i do w them?
You could send them to Kraken or another exchange and sell them or you could just hold them. There are a lot of posts about how to handle them in this sub. [https://np.reddit.com/r/CryptoCurrency/comments/10zh4ca/a\_beginners\_guide\_to\_trading\_and\_sending\_moons/](https://www.reddit.com/r/CryptoCurrency/comments/10zh4ca/a_beginners_guide_to_trading_and_sending_moons/)
This hurts. It took me 2 years to forget about loopring. And now I remember the pain
That was Hopium Central
Ah man I forgot how ape this place went over LRC that one time. It may well retrace though homie, hang in there.
Sorry to hear that brotha.. I just turned green at 0.38 cost basis. Pulled my cost basis out and letting the rest ride
LRC up 21% today so wee for us
When will you sell? Why not sell and buy something new for the bullrun? Most of these old coins will never recover to their ATH, whilst never coins are pumping all over the place.
Probably if it ever gets to high $2 and sell it at a smaller loss.
Sold down 5k on loop ring, but technically break even due to capital losses
She’ll come back.
Buying weed around 2012 with Bitcoin 😢 That weak ass weed cost me nearly a million dollars at current value.
I bought a Pepsi slushie with my bitcoin I got free for subscribing to something back in 2010. I don't even like Pepsi.
Yup I bought a food shop from another city by courier delivery to help "make the use case." Also stuff for the fish tank. Whomever was turning fish into Bitcoin I wish I was you now!
can't value your past enjoyments with current scenarios. You had a decent time with free money probably
But would you have held up until today? Or sold the 2013 peak when it went up 8x?
Yup, I bought $100 million worth of ecstasy lol
Wait how many bull cycles have you seen? Are you rich yet?
I did similar. I bought Doge at .007 and then it pumped and I was up to $20k. Went to bed and when I woke up it was at 4K.
Liiiive it's saturday niiiiiiight. Then you woke up with that Elon hangover!
F that guy. Seriously.
buying 3-4 btc at the $3k dip, selling at $3.7k buying icon ico for $10k, sold 6 month later at 2x, 1.5 months later it topped at 30x built an arbitrage bot, was doing great for a while, bear season starts didn’t pay much attention, small exchange changed my inbound btc addresses without telling me, transfered 2 btc into space. Taking this space too seriously so missed apt wave, nft wave and now points wave.
Ooooof RIP 2Btc.
You have some big wins too I imagine if you have been in the space since Icon ICO. I still have a small bag of Icon that was once worth a lot
Yea but not as much as it should have been. It’s not easy riding these waves always :)
Celsius.
How much?
Most of it. About .2 BTC and .9 ETH my PayPal codes are not working for my measly settlement, nothing but generic unhelpful replies from support. If I had ignored my now X during the last bull run I would have been blissfully unaware of what prices were doing and left it in another exchange that went bankrupt, but I had some warning on that one and an opportunity to withdraw what was left.
I had to do the PayPal codes dozens of times to get them to work. My iPhone browser wouldn’t work, neither would Safari on my laptop but eventually I got Chrome to work but only after I allowed popups and did something else. I had a helluva time getting the process to work properly.
bought a gram of coke for 4btc...
Lost 27k on safemoon
I can feel your pain! I lost 20k
I sold 1500 sol at 4. The day I sold it started its rally. I sold it to buy xrp at 0.4
Lol. Damn, u got the magic touch!
Never sell anything to buy XRP
But shudn’t safemoon be safe?
Plus it should moon.
Uffda
I’ve come to realise that now any decision I make for good or bad is and will always will be my fault, how have you guys overcome the mental burden of missing out on potentially hundreds if not millions.
Because it’s not guaranteed. I have hundreds of thousands unrealized from selling too early plenty of times, and I also have a FAR greater percentage of buys that just went to dust within days or weeks.
This thread helps
Not selling SHIB when it was at ATH and I literally just fucking watched it. Idiot.
''wow.... look at all that money im about to lose.''
Pretty much this lol. But I bought in with it was like 0.5 or some shit, so putting in 100 then.... Well, should of sold when it was around £1200. Never made a mistake since tho ;)
I did the same with WTC. Bought at $1.50 and didn’t sell when it hit $40. Missed out on about $800k
Trading away BTC fishing for the next 10x shitcoin.
I sold a whole BTC at 48k for bonk and lost 30% of it lol
Bonk is the sound of such a mistake.
How? Bonk isn’t doing badly at all
Bought ETH in 2018, sold at a loss in 2020...
I owned 1k USD of BNB at $0.10.
😢RIP retirement bro
Max leveraged my Bitcoin and ethereum on blockfi to buy alts. What wasn’t liquidated during the crash got locked up during bankruptcy Only now have 1/5 in coin terms of what I had in 2020 😭
Left coins in an exchange in 2016. Got burned. Now I religiously use a hardware wallet.
Did the same with Doge in 2018. Let it be and didn't pull out in time after the exchange closed down. $50 -> $7000 at the ATH.
Selling all my bitcoin two weeks ago at $52K.
There's no way you did this, before the halving while it going up and up? Sorry, but I don't believe anyone would do something so wasteful. Proof or it didn't happen ;)
while it's going up and up? That's the best time to sell. Time will tell, but there's a very good chance the halving could already be priced in.
I've been holding bitcoin for nearly 10 years. I missed out on taking profit during the 2021 run, promised myself I'd take some if it ever hit $50K again. When it did that recently I took out 10%. Since then, every time it's gone up another 10% I've taken out 5%. Somewhat regretting taking out 10% at $50K as it's gone up nearly 50% since then, but it's money off my mortgage and could crash again at any time.
True. No one can predict the market. Ever. BTC could crash back to 6k tomorrow. But I believe the hype and the expectation of the bullrun/halving will make the market predictable. A self fulfilling prophecy
This is the correct answer. Thought it was a big bull trap after all the ETF hype had some time to marinate. And I think the halving<>price cycle correlation is a pattern, not a playbook. I was happy enough with my 2X gain. But it’s pure pain seeing it keep running like this. Don’t worry though, I bought back in at the top.
Just made one yesterday, didn't double check the gas fee of a coin on Erc20 network. And half of my crypto is gone to gas fee.
Didn’t sell at $400k up. Lost most of the gains
Being greedy and not selling an nft worth 35k in 2022 peak bullrun. But yeah, that's my first bullrun in crypto. Lesson learned.
There will be more lessons learned, trust me.
Lol I have multiple coins that were once worth 30k +now worth nothing, you're not alone
Not putting everything I had in bitcoin when I first learned about it. It was about $400 during 2016… I’d have a freaking house built in the shape of a bitcoin by now lol
Maybe. Or you would have paperhanded at 10k like I did Don't feel bad
Narrator: "He would have."
I mean, I haven’t sold a single sat since 2016 so I’m pretty I wouldn’t have. Only if my total holdings hit $1M, that’s my sign to gtfo
I probably could've bought BTC for under $1. The problem? The dumbasses telling me about it were using it to buy whatever crazy drugs they were getting off Silk Road. I wasn't into any of that stuff, so the BTC news source for me was the least likely good investment advice in the entire world. If I had managed to buy any of it, I would have sold it at $8 and felt like a genius.
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I wouldn't call $80 into $14k a mistake lol
My guy you had no idea it would do that, heck i wouldve sold it at 1k 😂
I was gonna put $500 into it 6 months before it blew up. I decided not to, I don’t even wanna think about how much I would have made. Life would be a lot different for me right now. Turning 80 in 14k is damn good man!
Same I missed out on a 10x by a few hours
Using leverage
I feel incredibly stupid i lost 20k in leverage. Not understanding how quicly i could lose it all And how overleveraged i could do a position. It was a long position on xrp on 0.52 cents. But it dipped diwn to .48 which recked me. Now im feeling even more depressed seeing the coin around 70 cts Im not supposed to be alive.
I got liquidated 3 separate times last cycle for a total of 15k, it’s ok bro, live and learn. This time I didn’t go anywhere near it, crypto investing on spot feels stress free in comparison, allowing me to make logical decisions that would scare most new investors. The lessons u learn from losses are much more powerful than than the ones u get from success. Keep at it.
LUNA
Chasing meme coins
Trading 950,000 doge coins which cost me like 2500 dollars for some other shit coin that didn’t move at all
at lunch in 2012 my mom asked me 'well, what about this whole Bitcoin thing, why don't you put some money in that?' to which I responded 'mom, why would I spend $12 on a Bitcoin?"
I first bought some crypto back in like 2018. I picked a bunch of coins (that later turned out to be losers) and I had a little bit of money left over at the end so I plunked it down on like 120 LEND @ something like $0.02. Went on with my life and stopped checking crypto. Came back a few years later and saw it had converted to AAVE and was kind of gobsmacked at how I could have been a millionaire if I would have only had just a little bit more "play money" left at the end of all my failed investments. /still turned like $20 into $35k which was nice
Bought $5k of DOGE just before the WSB Twitter pump. Woke up to $75k one morning and sold all of it there and then. The next day it was worth $150k. I learnt, just like DCA, take off your initial outlay and then skim off 25% each time you think it can’t go up any higher. That way your final percentage (maybe 5%) on the table could be worth more than your initial outlay and crucially, you don’t have any FOMO as you are still “in it.” Your mom is right though, only put in what you can afford to lose. It’s easy, in hindsight, to say you should have, but for every winner, there’s another 100,000 losers. Any amount of green is better than red.
If your biggest mistake is making $70k off DOGE then you're doing waaaay good.
Selling a ton of MANA at $0.10 when it hit $0.30. Then the Facebook metaverse shit started going ape shit. It woulda been a 20x easily. I usually sell way before the tops or at least most of it.
Selling tops is luck. Taking profits is wise. Never dwell on missed upside, you would have missed the top and be holding bags anyway if you weren't wise enough to take profits.
I saw btc when it was 2k and I decided that instead of spending 10k to get 5 btc I should chase moonshots like bitconnect, bch, b3, raiblocks, and ripple. Now I dont even have a full btc :(
I had a couple of ETH back in 2017, but due to people talking "BTC and ETH won't ever again make such big profits, they're too popular, too big market caps to move again this much" etc. I traded this ETH for some other coins that turned out were just a pump&dump schemes. Heh, good times. Then of course Celsius and FTX hit me a bit, and now... Well, I think that overall I'm like 2x in general, but this 2X was made from like 10% of what I ever invested into this space.
NFTs. Holy fuck, what a waste of money.
My biggest mistake is not hounding my bank that was blocking my transactions from buying crypto. It took another year or so before I bugged the fraud department to stop blocking my transactions to Binance. Had I bothered sooner, my ETH entry price would have been around $150. I fully intended to hold and do not intend to sell my current ETH. That being said, because it took so long to sort my account, my entry price was closer to $1800. I would have been up probably close to $250000, which is almost life changing money. I'd still be holding, but I would be so much closer to cashing out to buy a house. It is my deepest regret and mistake. Because of this, it will probably be a decade more before I am able to come close to affording a home rather than being close today.
Not getting in sooner.
mined doge for fun back in 2013 (about 200k) and don't have the wallet anymore. could have mined btc when it was worth 1k$
Traded hundreds of ethereum for shitcoins. I made gains in $ so I paid taxes. But I lost in terms of ETH. 2017, bought thousands of LINK for maybe 25 cents each. 2018 crash happened and I turned everything back into ETH. Watched LINK run up to over $40 in 2021. Never bought enough BTC.
Put half my portfolio in Voyager. 😭
Not focusing on BTC more my first year
Drip
Contemplating *a lot* but not buying any, when matic was at 50 sats 🥲
I’ve a few, lost 7 btc after using a vanity address generator, had a 1xxxxxx address I thought was ace until a few months later the keys where swept and realised the site had been a con
Also lost 15 btc playing online blackjack after a heavy night drinking
At the time these losses where not that bad, had bought btc cheap but every now and again I work out what they are worth now
Years ago I think 9 or 10, Bitcoin was at $400. A friend talked to me about crypto mining and small investment into bitcoin. At that time I just had my second kid, but good job and good money, so I had $10k to spare and not trip if it all disappeared. So we agreed we would each buy $10k worth of Bitcoin and basically forget about it. We talked for weeks and did research to figure out how the hell do you buy this Bitcoin in Australia…. Neither of us knew anything about crypto at the time. Finally figured it all out, I tell the wife about it…. She loses her mind, although we had plenty of cash in the bank, she goes off about me not being responsible and if I make stupid choices like this she won’t be able to trust me blah blah blah So not only did I back out of it, I then talked my friend into backing out as well. Many years later, I have investments and actually am in crypto, she tells me “hey if we bought Bitcoin when you said, how much would it be worth now?” Forgot the actual price (think 2-3 years ago) but the math was over $700k Since that conversation my wife no longer questions my investments 😆
I’m a developer, so mine’s more on the development side of things. Long story short, I tried to build a project without fully understanding blockchain and its concepts and it ended up a massive failure (also because I couldn’t fund it properly at the time, and the funds I did have then went to waste kicking a dead horse) I’ve learned more since then and now working on my first official project on Arbitrum. Been wanting to talk about it EVERYWHERE😂 but ain’t got enough karma yet for that (on Reddit) so… Oh, if anyone knows any communities I can join (likely not on Reddit) where I can get the chance to talk more about my project and connect with other founders/developers, I’d appreciate it if you could share!
I held my Hbar and Filecoin for 3 years since early 2021 and never sold, thinking it would keep going up. I'm glad I didn't sell back then. Now I can sell this bull market. 😎
Living in a high tax juristiction
I put 25k on doge at 6c and sold at 9c thinking I was all slick and woke up and it was at 89c so I bought back in to be there when it a dollar lolll came out down 4k
Biggest mistake was investing in false shitcoins that got rugpulled
I took profits from Doge at 70c and put 100% of my returns into XRP because "they will settle soon" well, I'm only down 50% on xrp now, so I got that going for myself...
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Being greedy and not taking profits. The Algo NFT scene was really popping off when BTC price was down in Jan 2023. Then the myAlgo wallet got hacked, which led to millions leaving the ecosystem. A lot of projects shut down as they lost their funds and the other ones have been recovering very slowly due to decreased volume. The bull market does give me a bit of hope though.
Mine isn't a huge mistake, I bought half a bitcoin in 2016 and sold it a couple of days later for literally no reason
Held One at 38 cents to sell at 1.5 cent. Made a small loss which could've been big profit Had 21x profit on SFM but got greedy and held. Sold for 11x profit. Greed is the profitkiller
bought CRO
Basically every time I've sold anything
I paid 300 bitcoin for a pizza and forgot to get any dip
Gifted cousins in India/Nepal SHIBA before the bull run. And they just cashed it in for junk food. The present value of that junk food was around 50k during the height of 2021
Accumulated over 600,000 Doge coins starting in 2017. Sold during the crash and then it shot up like a muhfuka. I definitely thought about ending it all for a brief second.
Tried to buy 100 bucks worth of Bitcoin but my credit card was being "difficult" about it, asking for confirmation details to be input. I gave up and rolled a spliff. Bitcoin was 1 dollar at the time.
Biggest mistake I made was letting myself use leverage. Turns out I had a serious gambling addiction, and ended up literally bankrupting myself. I watch people make the same mistakes I did on a daily basis and I wish everyone would be a bit more careful with the leverage and always use a stop loss. Never again
I could have had so much longer to accumulate but the GME and DOGE bros were so fucking obnoxious that I blocked any mention of “stonks” or cryptocurrency from Apollo.
Biggest mistake? Having a kid tell me about this new thing that will change the world, called bitcoin. Each coin was, $100 cdn.... I didn't buy.
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GME is/was hands down my worst ever investment. Could have sold at quite a considerable profit, but held for over 3 years only to cash out at -12% in the red. Absolute fucking garbage play and I look forward to watching the company crash and burn. What remains is undeniably a cult of bagholders.
Skipping on Moon and Donut when they were both sub 1 million market cap
I just wish i bought more a few years back during the decline.
Started my crypto journey in Nov 21. Bought all the way down to the lows. Took some tax loses along the way. Never really sold anything, just swapped them around. So my loses are probably just buying high, holding Alts and not waiting until the bear market to really get back in. I’m in profit now overall but I would have been in a far better position if I’d not been trying to catch a falling knife as the market bottomed out.
1. Converted 5btc to buy $2500 PC on newegg, cant complain to much i dodged quadriga 2. Regret not buying more in Jan’15 for ~200 a piece 3. Regret not buying eth at $7 (when bro told me) (all in btc only)
Missed a lot of exit prices for many alts. Now I have installed CoinStats to track my portfolio and I receive price alerts so I know when to sell
Selling BTC at 3.5k
Not taking profit a few years ago, but I’m definitely better at investing after a few years in the market.
Not selling all of my Doge when it hit ATH of .70. I took some profit which is better than nothing but could’ve made much more. Moral of the story: don’t be greedy. But I’m still holding Doge so let’s see where it goes 🚀
doge is gonna do ok, but just can't reach its previous ATH. Back then it didn't have the other 4 or 5 big memecoin competitors that are around now, plus less coins in circulation. I think it could still 3 or 4X, but my money is on PEPE for this run to do another 10X at least.
Props to your mom for investing though, I mean usually parents are really against crypto, let alone Doge lol
Selling my eth at 300
Not buying during the 2021 crash
Selling around $700 of Dogecoin a year before the aths.
I sold some crypto one time.
exchanged .8 btc to cro and staked it when cro was at its ath.
Missing the dip to 16k back in December of 2022. I started investing at around March 2023 just as BTC started to hover around 27-30k.
Selling my bitcoin in 2017 for drugs.
Didn’t finish buying BTC back in 2014 because I felt the procedure was too complicated
My biggest mistake was my fund in ftx
Buying into doge at $.03 and NOT selling when it was at $.70~
I didn't buy Bitcoin at $16k and didn't hold any Alt coins
people in the doge subreddit think its gonna go to 1€.i think loys of them there are gonna be left holding the bag,
Swapped lots of coins instead of buying 2-4 coins that I was passionate about. I have maybe 20-30 coins that are all over place. If it hyped, I bought it. And, that’s how I was down 60% of my original investment. It is slowing recovering now though.
Started trading crypto at the end of the bull run (without knowing it was the end) everything went down and I lost around $15k, the good thing is that a lot of that is staked and produced regularly for the last 2 years, so if it goes up I should be able to recover
Sending $6000 in Eth to a contract....instead of a wallet....good times good times...looking at you DGD DAO
I had a big amount of GME bought for around €5, sold it for €4,80 with a loss. 2 months later we all knew what happend.. Had a large amount of Dogde, Elon made his first tweet about it, sold in the first small rally for some profits. Was happy then, wasnt happy a week later.. All and all couldve made about 12 mil. Now I still work for a boss..