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icet208

Your worst experience in Crypto

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I have no such worst experience but when I bought the cryptocurrency for the second time, Icould not analyze the market well due to lack of knowledge.  So then I lost a lot of money. So i suggest everyone to analyze market properly before buying crypto currency.  

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as this is my start in the cryptocurrency world that means I am working here on this farm only so my worst experience is I am not getting paid in Bitcoin yet

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That was a bad experience my friend to lose such a great amount of bitcoins and I'm sorry for that.

As for me I have never had any bad experience in crypto ever since I joined this forum and got to learn how it works, I'm also trying to be extra careful not to fall in any trap.

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It is really sad. Here is my story. I worked on a project for 4 month. My payment was 600$. In the time of payment the company scammed 26 corers. Many people loose their money and hardwork. And few months ago i sell trx to a group. First they were trusted. One day the give a offer of selling. Many people sell many trx. I almost sell 5k trx worth of 200$. As a result they scammed. So everybody please be careful. 

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I have the worst experience in Crypto. It was 2018 that time participated in a bounty which also ends successfully. so after getting the token, I sold it which all most 500$ but after a few days, the price is pump which worth of 1500$. If I wait a little bit then I can make much more profit but unfortunately, I couldn't

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When they removed/banned my past account. It is so embarrassing because i hard work for every post then i will be banned for just a the same IP address and too many of users choosing it and it comes out somewhere.

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I spent a lot of time in faucet sites. And earn a lot of satoshi. Only to loose on a gambling game. I loss a lot maybe 0.5 btc all in all. I learned that gambling won't do us any good if we continue it. Now I don't gamble. My hard earned bitcoin anymore.

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Besides selling below the price when buying it, or it can be said to buy Coins / Tokens when the price is expensive, selling when the price is cheap may be because of fear of falling lower, I also bought Bitcoin around July 2017, meaning I bought a time when it wasn't as big as now, but regret not being sold December 2018 when Bitcoin might get to the highest price

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I have not faced any issue with the cryptoworld yet but I have lost many of my investments in the sites which tell you that they will double your money in few hours.

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On 1/16/2021 at 10:59 PM, Najaatu88 said:

well the whole of 2019 was disastrous for me, I invested in various ico and most of them turned out to be scams, while the others their tokens lost almost all their initial value...

It is only a lesson for me that these new tokens are not worthy investing in, in any way, most of the are either scams or would fail in the end anyway, so it is too risk like gambling.

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On 10/10/2019 at 7:12 PM, icet208 said:

Post your worst experience in Crypto since you joined this amazing world.

I will start with mine:

I have found out about Bitcoin in late 2013 and have bought around 4 BTC (yes I did bought the TOP) and deposited it on BTC-e exchange.

Didn`t had any 2FA at the time, so, long story short I have lost all my BTC due to e phishing email.

Lesson learned the hard way!

 

 Luckily I didn't get into a bad situation but i have a friend who has been scammed and lost his money. One person promoted a new currency and said its price would go up a lot.  My friend bought this coin but lost everything. Because this currency has been withdrawn from the trading market. 

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I actually haven't experience anything terrible in cryptoworld since the time I joined. I feel frustrated about you however in light of the fact that you lost a great deal of your interests in bitcoin. Having those sort of encounters gives us an exercise to be cautious on what we do.

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Thank you so much for asking my friend I want to tell you that the about the my experience on this forum I am a new member on this forum and I have not too much knowledge about the cryptocurrency but I am trying to get the knowledge by reading the comments of the other members

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I am sorry for all fellow members who have lost something or the other in their Crypto journey. Fortunately, since I am new to the Crypto world I have no experience to share. One must treat all these unpleasant incidents as an experience and continue to work normally as possible.

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My worst experience was sendin btc to tether adress, when i was a begginer in crypto world i made this mistake and after having some experience i realized many people made the same mistake. That's why every begginer should understand whic address is belong to whic coin first, otherwise they'll regret it like me.

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People are not experienced in any work. People have to gain experience through work. It is a common thing to face obstacles in doing any work. Just like the 100 that I have to post first while working here, since I haven't worked before, I had a little trouble then. That is a bad experience. But later when I worked regularly I liked the experience. I would say it is an advanced platform. It is very easy to make a good income here. 

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For me, I did not enter a world except for a short time, and this is very sad. I would have hoped that I had already entered before, I regret

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On 11/10/2019 at 1:01, Saqib Ali Sadiq said:

La peor moneda y la peor experiencia en la criptomoneda fue la moneda liza, perdí demasiado dinero en esta moneda de mierda, la compré desde arriba y baja y baja y desperdicié mi gran cantidad de dinero.

 

Hello everyone. So far I have not had significant losses in cryptocurrencies. In my case, I only do trading, there are positive operations, and other negative, like everything .... The important thing about these losses is to realize why we are losing, get a good exchange ...

Edited by Adrian Atiencio
Equivocation
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Oh my God! This is really heart touching and painful story of your losing a big loss. I am really so sorry to hear about that news. I also have the worst experience in crypto work losing my 100 dollars in DLRS token of YoBit site. I was purchased DLRS when the price was 5 to 6 thousands cents. and now price have fallen a great and now the price of DLRS in only 200 cents. 


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I joined this group last year and I haven't had bad experience but I feel sorry for people who lost money in one way or the other the only thing I regret is not investing in cryptocurrency earlier.

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Well, I have spend a very short time in the cryptocurrency world, I have not had any idea or experience about cryptocurrency world, I think those that have spend more years about cryptocurrency world would be the best to talk about there experience

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At yet I do not have any bad experience with crypto currency. My starting months were very tough here. I also faced some difficulties but I learned from them and started my work.

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My worst experience was when holding crypto for so long that now the price is really falling. And I once sold crypto at a very cheap price, after two days the price of the crypto rose 450%

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The worst thing that happen to me is i've been scam, and i came to the point that i will not do crypto anymore, but one of my friend taught me a lot. he said learn from those mistakes and always be positive. 

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I found out about coins in 2018 and I bought it often but later on, because of further declines, it caused a lot of harm to me so it was a bad experience in my life but afterwards I stopped requesting and started investing in Bitcoin. I have been earning since then

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Regarding the forecast for the near term, as of the evening of 10 May, it is maximally neutral: 50% expect dollar strengthening, and 50% expect its weakening. Trend indicators on D1 are equally divided: half are on the side of the reds, and half are on the side of the greens. Among oscillators, only 10% voted for the reds, another 10% remained neutral, and 80% voted for the greens (although a quarter of them are already signalling overbought conditions). The nearest support for the pair is located in the 1.0710-1.0725 zone, followed by 1.0650, 1.0600-1.0620, 1.0560, 1.0495-1.0515, 1.0450, 1.0375, 1.0255, 1.0130, and 1.0000. Resistance zones are in the regions of 1.0795-1.0810, 1.0865, 1.0895-1.0925, 1.0965-1.0980, 1.1015, 1.1050, and 1.1100-1.1140.   In the coming week, on Tuesday, 14 May, consumer inflation data (CPI) in Germany and the Producer Price Index (PPI) in the US will be released. Also scheduled for this day is a speech by Fed Chair Jerome Powell. The next day, Wednesday, 15 May, important indicators such as Consumer Price Index (CPI) and retail sales volumes in the United States will be published. On Thursday, 16 May, the traditional number of initial jobless claims in the US will be announced. And at the very end of the working week, on Friday, 17 May, we will learn the Eurozone CPI as a whole, which may influence the ECB's decision regarding the euro interest rate.   GBP/USD: Pound Remains Under Pressure but Holds On   At its meeting on Thursday, 9 May, the Bank of England’s (BoE) Monetary Policy Committee maintained the interest rate at 5.25%, the highest in 16 years. Economists polled by Reuters mostly expected borrowing costs to remain unchanged, with a committee vote ratio of 8 to 1. However, the vote was 7 to 2. During discussions, two committee members supported a rate cut to 5.0%, which market participants interpreted as a step towards the beginning of a policy easing cycle.   At the post-meeting press conference, BoE Governor Andrew Bailey expressed optimism, stating that the UK economy is moving in the right direction. Bailey also noted that “a rate cut next month is quite possible,” but he intends to wait for data on inflation, activity, and the labour market before making a decision. Chief Economist Huw Pill, although he joined the majority in voting to keep the rate unchanged, also expressed growing confidence that the time for a reduction is approaching. He added that “focusing only on the next Bank of England meeting [20 June] is somewhat unreasonable” and that “medium-term inflation forecasts do not necessarily signal rate movements at the next or subsequent meetings.”   Overall, the movement of the GBP/USD pair last week resembled that of the EUR/USD pair. The chart shows a distinct surge on Thursday, 9 May, triggered by data indicating a cooling US labour market. The pound was also supported by optimistic GDP data for the UK for Q1 2024 and manufacturing sector data for March. GDP (quarter-on-quarter) rose by +0.6% after a decline of -0.3% in the previous quarter (forecast +0.4%). Additionally, the GDP grew by +0.2% year-on-year, recovering from a fall of -0.2%.   As with the euro, the pound is under pressure from the prospect of earlier monetary policy easing by the BoE compared to the Fed. However, the British currency ended the past week above the key 1.2500 level, at 1.2523. Moreover, 65% of analysts expect the pair not only to hold above this horizon but also to continue its growth. The remaining 35% voted for the pair's movement south. As for technical analysis, trend indicators on D1 are split 50-50. Among oscillators, only 10% recommend selling, 40% took a neutral position, and 50% recommend buying (10% of them signal overbought conditions). If the pair rises, it will encounter resistance at levels 1.2575-1.2610, 1.2695-1.2710, 1.2755-1.2775, 1.2800-1.2820, and 1.2885-1.2900. In case of a fall, it will face support levels and zones at 1.2490-1.2500, 1.2450, 1.2400-1.2410, 1.2300-1.2330, 1.2185-1.2210, and 1.2070-1.2110, 1.2035. The upcoming week's calendar highlights Tuesday, 14 May, when data from the UK labour market will be released. Also of interest is the Inflation Report hearing scheduled for Wednesday, 15 May.   USD/JPY: $50 Billion Interventions Wasted?   It seems that until the Bank of Japan (BoJ) takes confident and clear steps to tighten its monetary policy, nothing will help the yen. At its meeting on 26 April, the board members of this regulator unanimously decided to leave the key rate and QE program parameters unchanged. Expectedly tough comments on the outlook were also absent. This inaction increased pressure on the national currency, sending the USD/JPY pair to new heights. It continued its cosmic saga, reaching a new 34-year high of 160.22. Following this, Japan's financial authorities finally decided on a double currency intervention. Although there was no official confirmation, experts estimate its total volume at $50 billion.   Did it help? Judging by the USD/JPY chart, not really. The pair headed north again last week. Unlike the euro and the British pound, the yen barely reacted even to weak US labour market data on Thursday, 9 May, only slowing its decline.                    All this occurs amid endless statements from the Japanese Central Bank and Ministry of Finance about their readiness to take necessary measures to reduce speculative pressure on the national currency. The published minutes of the BoJ meeting show that most board members took a "hawkish" stance, calling for a rate hike.   However, many analysts believe that the Bank of Japan will take only one such step in the second half of the year. The last chord of the past five days sounded at 155.75. Economists at Singapore’s United Overseas Bank Limited (UOB) expect the USD/JPY pair to trade in the 154.00-157.20 range in the next 1-3 weeks. UOB also believes that the chances of it falling to 151.55 have significantly diminished. Overall, most experts (70%) simply shrug their shoulders in uncertainty. The remaining 30% persistently expect the yen to strengthen. As for technical analysis, 100% of trend indicators on D1 look north. Among oscillators, 50% are such, 15% point south, and 35% point east. Regarding support/resistance levels, traders should note that with such volatility, the slippage can reach many tens of points. The nearest support level is around 155.25, followed by 154.70, 153.90, 153.10, 151.85-152.25, 151.00, 150.00, after which come 146.50-146.90, 143.30-143.75, and 140.25-141.00. Resistance levels are 156.25, 157.00, 157.80-158.00, 158.60, 159.40, and 160.00-160.25.   Events of the upcoming week include the release on Thursday, 16 May, of preliminary GDP data for Japan for Q1 2024. No other significant publications regarding the Japanese economy are expected in the coming week.   CRYPTOCURRENCIES: A Week of Reflection and Uncertainty     What will happen to bitcoin in the foreseeable future? It seems there is no clear answer to this question. Experts and influencers often point in opposite directions: some shoot for the stars, while others keep their eyes on the ground.   For instance, according to the founder of Pomp Investments, Anthony Pompliano, bitcoin is "stronger than ever." He concluded this based on the 200-day moving average (200 DMA) reaching its ATH (All-Time High) of $57,000. Michael Saylor, CEO of MicroStrategy, is also optimistic. In his latest message, he urged investors to "run with the bulls." (It should be noted here that MicroStrategy holds 205,000 BTC on its balance sheet, so Saylor's bullish calls are quite understandable. He simply has to do this for his company to profit rather than incur losses).   However, analysts note that bitcoin's fate depends not only on the rosy calls of the MicroStrategy CEO. And if buyer support weakens, BTC could break through the key support level of $61,000, falling to the $56,000 zone, where significant liquidity is concentrated. MN Trading founder Michael Van De Poppe does not rule out another correction to around $55,000. However, the specialist quickly reassures investors, stating that this is quite acceptable as long as bitcoin holds above $60,000. Anthony Pompliano believes that the price will not fall below $50,000, and another expert, Alan Santana, does not rule out a drop to $30,000.   Trader and analyst Rekt Capital believes that the first cryptocurrency has exited the post-halving "danger zone" and entered the initial phase of re-accumulation. According to this expert, in 2016, BTC demonstrated a long red candle after the halving, falling by 17%. This time, the pattern repeated, with the difference between the post-halving maximum and minimum being 16%. The price reached a local bottom at around $56,566 but then rose to $65,508, on which Rekt Capital concluded that it re-entered the "re-accumulation range." However, there is one "but" - after this, we again observed a drop to $60,175. Overall, it seems that BTC/USD is in a descending channel, which increases investor concern.   In general, the forecasts are quite diverse. Information on the activity of various categories of traders and investors also varies. Analyst and CMCC Crest co-founder Willy Woo noted the activity of so-called crypto dolphins and sharks. "There has never been such a rapid purchase of coins by wealthy holders as in the last two months when the price fluctuated between $60,000-70,000. We are talking about those who hold from 100 BTC to 1000 BTC or approximately $6.5-65 million," he explained. On the other hand, according to CryptoQuant analysts, whales holding from 1000 to 10000 BTC, unlike dolphins and sharks, have behaved quite passively. Michael Van De Poppe, for his part, notes the absence of retail investors.   All this suggests that we may not see new all-time highs for BTC in the coming months. We wrote about this in the previous review, citing, among other things, the opinion of such a Wall Street legend as Factor LLC head Peter Brandt. With a 25% probability, he assumed that bitcoin had already formed another ATH within the current cycle. As for long-term forecasts, nothing has changed here - most of them predict a powerful bull rally for bitcoin. Anthony Pompliano writes about this. Willy Woo expects bitcoin to continue increasing its penetration into various spheres of everyday life, meaning the number of users will grow. "By 2035, we expect bitcoin's fair value to reach $1 million. This forecast is based on the user growth curve. And I'm talking about fair value, not a peak during a bull market frenzy," the analyst notes.   The author of the bestseller "Rich Dad Poor Dad," entrepreneur Robert Kiyosaki, once again included bitcoin in the TOP-3 ways to save and increase capital. "Bad news: the [currency market] crash has already begun. It will be severe. Good news: a crash is the best time to get rich," he wrote, offering several recommendations on how to act in a crisis. Let's note two of them. The first reads: "Find an additional source of income. Artificial Intelligence will destroy millions of jobs. Start a small business and become an entrepreneur, not an employee afraid of losing a job." "Don't hoard fake money (US dollar, euro, yen, peso) that is losing value. Hoard gold, silver, and bitcoin - real money whose value increases, especially in a market crash," is Kiyosaki's second recommendation.   Regarding bitcoin's growth, Kiyosaki is absolutely right; it's even pointless to argue. According to a study by Colin Wu, better known as WuBlockchain, over the past decade, the price of the leading cryptocurrency has grown by an astonishing 12,464%, outpacing giants like Amazon, Apple, Google, Meta, Tesla, and Netflix. BTC was second only to Nvidia (+17,797%). But the fact that bitcoin took second place, being a representative of a relatively new and volatile market, is a real achievement. BTC's impressive growth trajectory over the past decade demonstrates its resilience and potential as an essential component in investors' portfolios.   At the time of writing this review, on the evening of Friday, 10 May, the BTC/USD pair is trading at $60,470. The total market capitalization of the crypto market is $2.24 trillion ($2.33 trillion a week ago). The Crypto Fear & Greed Index has risen from the Neutral zone (48 points a week ago) to the Greed zone, now standing at 66 points. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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