Crypto is highly rewarding, but we've all made mistakes and have regrets of having made poor decisions. Yet other times, we win big because of our decisions. I myself have my own fair share of fails and wins, but I'm curious to know what yours are when it comes to crypto!
FAILS
Now before everybody starts posting 'My biggest fail is not getting into Bitcoin in 2010', which is rather obvious, I would like to focus mainly on the strategical mistakes that we've made in our crypto journey.For me, the crypto-experience has been overwhelmingly positive but even so I have serious regrets from mistakes or bad timing on my part. Let's go through a few!
I regret not having bought RaiBlocks (XRB) at $1.40, only to watch it run all the way up to $35 as I kept waiting for the dip to buy in. Of course I bought in later after the price went down - but in hindsight, I kind of regret that too now
I regret selling my free Stellar Lumens (XLM) airdrop coins, especially now that it's a top 10 crypto
I once made the mistake of trying to profit off of a pump & dump (Chaincoin - don't laugh 😳)
I regret not having signed up for the Ontology (ONT) newsletter in the beginning of this year - as all subscribers were given 1000 ONT for free (current marketprice worth: about $8000+
I regret getting into STRAT because some crypto-youtubers hyped it up
(Bonus: 6) I misjudged Bitcoin's parabolic rise last autumn, and was almost entirely in alts and missed out on all the gains! fortunately december made everything right again though, so the jury is still out on whether or not this is a win or lose!)
WINS
Like I said, crypto has been overwhelmingly positive for me and some of my decisions have turned out to be pretty good wins for me. For example:I got into a ton of coins before they blew up. I did not always get to invest as much as I would have liked, but I have won pretty big especially on NEO, OMG, ONT, EOS.
I have been in crypto for quite a while now, and feel blessed and like a winner because I'm part of the early crowd and benefitted a lot from this
Joining Steemit has been (and continues to be!) a huge win for me, allowing me to grow my portfolio by hundreds of dollars
I must have received more than $500 worth of free crypto from airdrops, giveaways, contests, etc. which I consider to be a pretty big thing. One time, I received 0.66 ETH just for signing up somewhere, wow!
Out of my entire investing portfolio, my worst investment (STRAT!!!) 'only' gained me 10-20%. The fact that my worst investment actually made me money, is a pretty big win to me 😁
That's basically my list! Interestingly, when writing it actually down I noticed that I found it much easier to highlight my worst mistakes than to mention my biggest wins. Which is weird, considering my experience has been so positive! Perhaps the general 2-3x gain here and there just feels too mundane to be considered a huge win?
I'm curious to know what kind of biggest Fails and Wins you all have? Please do share about what your best and worst decisions have been!