12-31-2020, 04:04 AM
What are your most regretful crypto failures?
<!-- SC_OFF --><div class="md"><p>Here’s a handful of mine for your enjoyment:</p> <ol> <li><p>I downloaded the Bitcoin mining client on the day it launched in 2009 after seeing a post on digg.com, installed it and had it running on a double quad-core computer on and off for who knows how long (a year maybe?). I blanked out the hard drive and eventually threw it out, not realizing that I had potentially mined thousands of Bitcoins (Edit: chill fuckers, it could’ve been 10). Keys gone. I’ll never know how many I had. FML.</p></li> <li><p>After the first (big) Bitcoin pump in 2013, I started buying $150 of Bitcoin on a monthly recurring basis from Coinbase. The purchases ran for about a year or so until my CC expired. I didn’t realize it had expired until some 6 months later. Seeing that the price wasn’t budging much in 2015, I never thought to reinstate the recurring buy. FML.</p></li> <li><p>In 2015, I learned about Ethereum. I was in love with the idea of it. It was very difficult to purchase ETH until Coinbase listed it in May of the following year. When they did, I purchased 300 ETH for $11 each. I remember pausing before I finalized the purchase, thinking to myself “I should buy 3,000,” but backed down, not even considering a recurring buy. I would forget about all of my crypto for another year when in 2017 I saw both Bitcoin and Ethereum in the mainstream news. And while the value of my stacks were significant by the end of 2017, I daydreamed of what could have been if I’d have purchased 3,000 ETH (~$4,500,000 USD at its peak). FML.</p></li> <li><p>I had 50,000 XRP that I bought when Ripple was $0.20. It shot to $3.00 in 2017, but I never sold any of it. FML.</p></li> </ol> <p>All that said, I’m still in love with this technology and I can’t wait to see where it goes. And while I’m salty about some of my failures in decision-making, I’m still very lucky to have gotten into the game fairly early.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/cryptozypto"> /u/cryptozypto </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kn29ei/what_are_your_most_regretful_crypto_failures/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kn29ei/what_are_your_most_regretful_crypto_failures/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Here’s a handful of mine for your enjoyment:</p> <ol> <li><p>I downloaded the Bitcoin mining client on the day it launched in 2009 after seeing a post on digg.com, installed it and had it running on a double quad-core computer on and off for who knows how long (a year maybe?). I blanked out the hard drive and eventually threw it out, not realizing that I had potentially mined thousands of Bitcoins (Edit: chill fuckers, it could’ve been 10). Keys gone. I’ll never know how many I had. FML.</p></li> <li><p>After the first (big) Bitcoin pump in 2013, I started buying $150 of Bitcoin on a monthly recurring basis from Coinbase. The purchases ran for about a year or so until my CC expired. I didn’t realize it had expired until some 6 months later. Seeing that the price wasn’t budging much in 2015, I never thought to reinstate the recurring buy. FML.</p></li> <li><p>In 2015, I learned about Ethereum. I was in love with the idea of it. It was very difficult to purchase ETH until Coinbase listed it in May of the following year. When they did, I purchased 300 ETH for $11 each. I remember pausing before I finalized the purchase, thinking to myself “I should buy 3,000,” but backed down, not even considering a recurring buy. I would forget about all of my crypto for another year when in 2017 I saw both Bitcoin and Ethereum in the mainstream news. And while the value of my stacks were significant by the end of 2017, I daydreamed of what could have been if I’d have purchased 3,000 ETH (~$4,500,000 USD at its peak). FML.</p></li> <li><p>I had 50,000 XRP that I bought when Ripple was $0.20. It shot to $3.00 in 2017, but I never sold any of it. FML.</p></li> </ol> <p>All that said, I’m still in love with this technology and I can’t wait to see where it goes. And while I’m salty about some of my failures in decision-making, I’m still very lucky to have gotten into the game fairly early.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/cryptozypto"> /u/cryptozypto </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kn29ei/what_are_your_most_regretful_crypto_failures/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kn29ei/what_are_your_most_regretful_crypto_failures/">[comments]</a></span>Kind Regards R