# The 5 Technical Bitcoin Mistakes That Cost Me Real Money - What Nobody Tells You When You Start Investing and How to Avoid Every Single One (Bit Coin, Wealth & Investing)

Page: https://stenobird.com/podcast/should-i-invest-in-bitcoin-grow-your-wealth-understand-the-cryptocurrency-bit-coin-for-millennials-serious-about-money-and-investing-6616963/the-5-technical-bitcoin-mistakes-that-cost-me-real-money-what-nobody-tells-you-when-you-start-investing-and-how-to-avoid-every-single-one-bit-coin-wealth-investing
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Podcast: [Should I Invest in Bitcoin?   Grow Your Wealth & Understand the Cryptocurrency Bit Coin, for Millennials Serious About Money and Investing](https://stenobird.com/podcast/should-i-invest-in-bitcoin-grow-your-wealth-understand-the-cryptocurrency-bit-coin-for-millennials-serious-about-money-and-investing-6616963)
Published: 2026-07-16T05:00:00+00:00
Episode link: https://www.buzzsprout.com/2249636/episodes/19484899-the-5-technical-bitcoin-mistakes-that-cost-me-real-money-what-nobody-tells-you-when-you-start-investing-and-how-to-avoid-every-single-one-bit-coin-wealth-investing.mp3
Audio file: https://www.buzzsprout.com/2249636/episodes/19484899-the-5-technical-bitcoin-mistakes-that-cost-me-real-money-what-nobody-tells-you-when-you-start-investing-and-how-to-avoid-every-single-one-bit-coin-wealth-investing.mp3
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Duration seconds: 612

## Resource

$473 million worth of Bitcoin vanished overnight when Mount Gox collapsed in 2014. I was on that exchange. I lost Dogecoin to a hack on a random platform. I used leverage once and did not sleep properly for three weeks. This episode is the five technical mistakes that cost me real money so they never cost you. In this episode: Why leaving your Bitcoin on an exchange means you do not actually own Bitcoin what Mount Gox taught me the hard way and the twenty minute fix that means nobody can ever...

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## Transcript

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