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13252028 No.13252028 [Reply] [Original]

What was your biggest crypto mistake?

for me it was trading with coinbase. fuckers charge ridiculous fees and take forever to process transactions so that sweet sweet profit is lost

>> No.13252035

>>13252028

If you just want blow your fiat on crypto its alright.

>> No.13252041

>>13252028
Sold the bottom of TRX for a 2x.

>> No.13252043

>>13252028
Why don't you use Pro?

>> No.13252067

>>13252028
For me it was trading with BTC-e and losing 60% of my funds after the shutdown because I have agreed to their option of cashing out 40% without KYC on their new exchange which is now also closed I think

>> No.13252080

>>13252043
Still takes 10 days for ACH sometimes, coinbase is losing to abra now, no fees for buying

>> No.13252143

>>13252028
Not buying more BTC in 2016

>> No.13252182

>>13252028
bought bytecoin.

>> No.13252188
File: 18 KB, 326x350, cirno__n_pepe_by_poppage-db2ko3x.png.jpg [View same] [iqdb] [saucenao] [google]
13252188

>>13252080

Did not know about Abra. Thanks desu!!

>> No.13252435

>>13252028
I've paid over 7 BTC in ransomware so far and still climbing. So I guess I'm butthurt I never got into ransomware.

>> No.13252454

>>13252028
This

I've been fucked over so many times by these cunts. My bank transfer cleared like 2 weeks ago and I still have like another week until I can send my BTC to a decent exchange. They say it's for "security" reasons but it's really just for the sole purpose of forcing you to do more trades on it.

They don't expect you to buy and hold. They expect us to look at the volatile prices and do constant trading. To buy bitcoin and then sell it is like 4% in fees. These guys are holding my money hostage at this point, I can't even withdraw it back.

>> No.13252460

>sending 2 bitcoin to butterflylabs
>selling 15 bitcoin in 2015
>selling ETH at 6$

>> No.13252462

>>13252435
what, are you serious?? Why the fuck would you pay that? How the fuck do you get infected in the first place?

>> No.13252470

>>13252462
Yes I'm serious. It's not "me" getting infected. I'm an IT consultant, and after doing it once, word spread that I could "crack cryptolocker". We've been through this like 20 times, I just pay a ransom and charge a 100% bonus.

>> No.13252471

>>13252454
damn :(
guess I'm done with these faggots when my payment gets processed.

>> No.13252476

>>13252454

They hold your money to earn interest.

>> No.13252513

>>13252182
Same

>> No.13252524

>>13252476
Is this even legal lol

>> No.13252549

>>13252470
FUCKING LOL

>> No.13252558

Selling raiblocks at $4

>> No.13252562

>>13252028
HODLING

>> No.13252574

DEAR IDIOTS YOU CAN PURCHASE USDC INSTANTLY ON COINBASE WITH YOUR BANK ACCOUNT FOR ZERO (ZERO) FEE AND TRADE IT INSTANTLY ON PRO INTO WHATEVER SHITCOIN YOU WANT.

WHY THE FUCK WOULD YOU WAIT FOR AN ACH TRANSFER IF YOU CAN BUY USDC INSTANTLY.

>> No.13252578

Selling my 100 dollars in xvg in july 2017, that was like 100k to 200k verge. I was young, didnt know what i was doing but 30k would have been life changing.

>> No.13252583

>>13252028
and they report you to the IRS

>> No.13252588

HOLY FUCK HOW DO YOU RETARDED BIMBOS FUCKING FUNCTION IN THE REAL WORLD? YOU ARE TELLING ME YOU HAVE BEEN PAYING FEE FOR BANK ACCOUNT PURCHASE FOR HOW LONG? JUST DOME YOURSELF DOUBLE DIGIT IQ MONGOLOIDS. PROBABLY TOO STUPID TO FIGURE OUT HOW TO PULL A TRIGGER SO PERHAPS CONSIDER JUMPING FROM A TALL BUILDING INSTEAD.

>> No.13252592

>>13252578
Don’t worry mate I had 1 million verge , sold ONE MONTH before spike to 30 cents for only ~6k in btc . Would have had 300k

>> No.13252599

>>13252549
It's a totally common thing desu. There are startups that don't do anything else.

>> No.13252605

Selling ripple at 10 cents back in the day, trying bitconnect lost 6gs, now I got like 1g worth of crypto I should get shot in the face but i think I'll do better cuz i was too high, oh and I found out about bitcoin at 200 dallars and didnt buy it.....

>> No.13252609

>>13252028
sold cet airdrop days before it pumped. got like 20 bucks instead of 2000

>> No.13252621

>>13252599
It's not that, what I found funny is the cracker part kek.

>> No.13252652
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13252652

>>13252028
Trading instead of just hodling. Not only decreased my deposit but also took shitton of time and lowered my general mood.

>> No.13252656

>>13252578
>>13252592
2M verge for <5K
On that Christmas my only gifts had triangles on them. Thin line now.

>> No.13252818

>pump last night
>Would let me sell till it was almost into dump

Fuck this faggots

>> No.13252848

>>13252574
usdc is the same rat poision tether is. not that it matters on exchange you are fucked either way if it shits the bed

>> No.13252852

>>13252652
This. I learned im not cut for it

>> No.13253070

>>13252524

yup.

>> No.13253143

>>13252848
except its actually fully backed and audited by PwC
tether is a possible scam, you cant compare the two...

>> No.13253150

>>13253143

>fully backed and audited by PwC

kek

>> No.13253169

>>13252621
Point still applies though. I read some medium blog headline like "elite crypto hackers use underground knowledge to strike back" and I know for a fact the company was just paying ransoms.

>> No.13253180

>>13253143
>audited by PwC
>be me
>get Penetration Test from PwC
>Guy asks "do we have antivirus"
>I say sure
>He asks for a fucking receipt from the supplier
>Says "yep, that's confirmed" and ticks the box
>Asks "do you have a firewall"
>Wants a receipt
>Ticks the box
>Asks if we purchased backup software
>Asks for receipt
>Penetration test passed

He literally never looked at a computer

>> No.13253194
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13253194

>>13252028
>What was your biggest crypto mistake?
it would have to be maxing out my credit card during the peak of the bubble or getting a loan to buy more crypto before it dumping

>> No.13253218

what is the best broker anyways?

>> No.13253232
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13253232

>>13253194

kek

>> No.13253242

>>13252574
In my country, any crypto purchased with another crypto triggers taxation. So if I want to buy say LTC, I then buy the usdc and use it to buy LTC yay no % fee but rip cause taxes.

If I however just use my card that thankfully is pretty much instant than I do get some % fee from coinbase but using fiat to buy crypto does not trigger taxation.

Things are not always black and white my dude.

>> No.13253257

not selling raiblocks at $40 or whatever when i bought it at $1 something... i fucked myself royally from not doing that

>> No.13253279
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13253279

>>13253232
i never sold. at least it will come back eventually, r-right?

>> No.13253369

>>13253242
Uhhh... You only pay taxes on gains.

>> No.13253404

>>13253369
Laws differ depending on country. I know it`s sounds horrbile and it is, I know people who have discovered this after a lot of trading back and fort that got justed when it was time to file the tax returns.

I was lucky and figured this out after 3-4 trades so I just go fiat to crypto and crypto to fiat because under such trades it`s only taxes on gains when I sell for fiat.

>> No.13253490

>>13252435
Just reformat your comp noob

>> No.13253498

>>13253279
we going to 2k and the sideways up, up until 2022

>> No.13253515
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13253515

>>13252574
>buy stable coin that frequently trades at .05% below USD value.
>no fee

HURRRRR

>> No.13253573

>>13252028
Bought chink coins and pajeet coins.
I'm down 40x. Never again.

>> No.13253584

>>13252588
Also, you are a mongoloid because USDC is NOT instantly available unless you are paying via wire x-fer or DEBIT. You pay a fee for a wire-xfer also. If you were going to do a wire you would just buy USD because it's always worth $1.00 and not $0.995

You are a broke faggot and it's easy to tell. Nobody buys large amounts of crypto with their fucking debit card. Had you ever made a large buy, you'd know that the shit is NOT instantly available to be traded - you cannot send your shit to other exchanges (or even pro) for 4-5 days (business days), UNLESS you buy with debit or wire. Wire x-fer = fee. You are a mouth breathing neckbearded larper.

>> No.13253639

>>13252028
PAY was my biggest mistake.
coinbase let me in and out casully when the time was just right, before I knew what was even doing.
coinbase pro has been good to me. I DCA $20 every day and pay chump change in fees.

>> No.13253882

>>13253242
Taxes only happen on gains or losses retard (may exempt other wins from gain tax with loss from crypto). Usdc is stable so nothing to be taxed.

>> No.13253883

How the FUCK do you upgrade to coinbase pro anyway? JUST

>> No.13253916

>>13252454
This has been my experience this past week. Once my $400 clears and I can transfer my crypto off their site I'm never using them again.

>> No.13254837

>>13252028
move on to cm. low fees. almost instant support. good long term plan. right now it still feels beta. but the train is rolling.

>> No.13254999

Buying into the obvious BGG Korean scam. I've always stayed away from pump and dump scams, but I'd love to make some easy gains. Only threw 1 eth at it so I guess it could be worse.

>> No.13255006

>>13252080
>>13252188

found the abra shills. pls tell me more on why its better then shitbase?

>> No.13255017

>>13253916
But coinbase is the best way to purchase crypto with dollars. So yes, you will use them again. Unless you think you're going to make it with your ridiculously tiny $400 investment.

>> No.13255029

>>13252028
Got caught hacking in 2009 a month after learning about bitcoin. Was already hybrid bruteforcing salted sha256 password database dumps - would've been a fairly quick transition to gpu mining. My priorities had to shift away from hacking (and therefore bitcoin) for a long time

>> No.13255054

>>13252476
>>13252524
Real estate fag and had a client who got sent fake wiring instructions via a hacked title company on a $1.1 million Beach lot. Had to get the secret service to do a kill transfer. Was fucking insane. Anyways, the bank ended up holding it for 60 days despite the Feds sending it back and it was so the bank could make daily interest for as long as possible. Also, banks can loan up to 10 xs on deposits which I assume they did in that $1.1 mil as well. Almost fucked my deal up but I eventually got my $33K commish check.

>> No.13255066

>>13252028

You are just retarded.

If you are dollar cost averaging to hold, which you should be doing, coinbase pro charges basically no fee to limit buy and withdraw to your wallet.

If you want to trade 1 minute charts aka gamble just use bitmex.

Brainlet thread

>> No.13255127

Had over 300k with ICON. Didn’t sell and became a community member for a year while they gooked and delayed. It was painful

>> No.13255134

Selling my 110 LTC i dca'd for 42$ each and selling it all for 71k REQ

>> No.13255260

>>13252188
Same. Thanks anon! Not only do they have lower or no fees but they leave you in control of your own private keys. This is big for anyone who believe in having complete control of your funds. For any seasoned crypto holders I’m sure this is a huge distinction

>> No.13255589

>>13252460
Literally me. "Two weeks"

>> No.13255769

>>13255006
Lol I don't and Abra seems more like a mobile app so I won't be using it. After lurking around this board for the last few hours I've learnt to avoid both and just keep it as crypto rather than banking it from now on. Either way it's been 12 hours and my transaction is still pending so I'm just venting my frustration with coinbase.

>> No.13255781

>>13255769
shit base has a monoply and can do whatever they want. I hate these mother fucker more then anything

>> No.13255967

>>13252605

Buy LTC then, same potential gain next year

>> No.13256013

>>13253584
WRONG.

>> No.13256189

>buy REQ at 5 cents. Held to $1 and back to 9 cents, when I sold
>got gifted around $1600 in a few shitcoins at the top of the bubble. Barely got like $200 a few months later
>joined the Utrust ICO. Sold for 20% at around 22 cents the day it listed on Kucoin. A week later it was $1
>bought policypal, a "lowcap gem" at 5 cents. Lost 90% on that one
I have learned a lot

>> No.13256327

>>13253883
This has to be bait