Bitcoin Forum

Some bitcoiner's haven't invested a single $ in bitcoin till now, there are many early adopters who haven't invested a single dollar in cryptocurrencies.
maybe many of you who entered during 2017 bull run will not believe it, but it's true many are still here who never invested anything in cryptocurrencies.
If you are the one its beautiful to share your story as this may become an interesting talk...   

I am sure that there's a lot of people that have the same story as mine but I have discovered bitcoin in this forum and the only thing that I have invested is my time, and with the signature campaign popping up all over the forum, I was able to earn a lot of bitcoin just by posting and getting paid for it.

Myself have a different story, because I spend around $20000 for investment. It was quite amazing to see the growth of the portfolio. At some point I missed the path towards trading and got into gambling. At the beginning I was a responsible gambler who used to have the limits. Later my mind lost control, and this made me go behind the losses and ended up with a massive loss. Hope someday I'll get back the losses through further investment.

I don't expect many people here even if they didn't invest the money from the pockets still they invested their time for doing bounties and campaign so I consider still its an investment because I respect a fact that"No amount of money can buy you a single second".

But I know lot of people still who didn't invest anything on cryptos because they still believes that bitcoin is still a scam! ::)

Investing does not necessarily mean that you pay money out of your pocket, but any deduction of any form of wealth you have (money, time, advice, work, etc.) is considered an investment in Bitcoin, otherwise you may spend it on something else.

What I want to convey is that you have paid a value, and that value is not required to be material. Once you keep the money you collect from signature campaigns without converting it to dollars directly, it is considered an investment in Bitcoin.

There are a lot of people who received Bitcoin donations even though they didn't know anything about it, and sometimes famous players get a few hundred Bitcoin and keep it better than a trader who panics and sells.

You cannot call any person a "bitcoiner" if he does not invest any amount in bitcoin. There are basically two types of people, one who does not know about bitcoin and hence they did not invest in it. Second, those who are aware of the bitcoins but never believe in them and hence they do not invest.
I started investing in bitcoin as soon as I knew about it. I consider myself lucky for this reason. :)

Many of my friends still don't inevst on bitcoin they just look for bounties and do work there by investing their time and hard work. They still own crypto . I think it's still somekind of investment.
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Not everyone can afford to hold a bitcoin.

This forum is the reason most of them have not invested a penny in Bitcoin but still earned fortune by investing their time as earlier we used to have a lot of signature campaign and used to get paid in BTC, some used to withdraw and few used to hodl it. I have been part of signature campaigns and earned Bitcoin for weekly posts and also earned a huge amount through Yobit signature campaign.

If you didn't give value to time, effort and electricity then you will have tons of story here including mine since I got my first Bitcoin through faucet and signature campaign here in the forum. I just slowly grow it by trading altcoins here P2P before. I remember staying awake or setting an alarm hourly just to claim from hundred of faucet regularly. By that time, I can claim 0.001BTC and above on each faucet on my list. I sold most of my early earning on 2017 bull run then invest on physical business which I'm currently operating right now with the help of my wife.

Right now, I'm currently a businessman and leave my career to build my own company.

Well, who knows there might still be people who came here not as early as those early adopters but still haven't invested a single penny to own Bitcoin. Instead they have invested their time, skills, and talent to earn Bitcoin.
Do you believe that?
They're either the bounty hunters, signature campaign participants, developers, web designers, digital artist, and etc.
They doesn't necessarily be an early adopters nor invest a single penny to invest in Bitcoin.

You don't really invest in bitcoin to benefit from it. Some people use it as a payment gate/processor like VISA/MasterCard. They collect the agreed amount of USD via Bitcoin (or some other crypto) then they convert these coins into USD or some other asset immediately. You can't judge people for this. Crypto is still an experimental project. It solves a real world problem but we still don't know if bitcoin will survive the next decade.

It's not just investing.
Investing is a luxury which most students or people with humble background cannot afford always but for me these are the following things that I did with Bitcoins:

1. Earned through campaigns
Which is an excellent opportunity to know and work with new companies and people as well

2. Expanded my business
I used to ask people to pay in Bitcoins, but right now since it's the last 2.5 year of my medical university I have to focus therefore I would get back on that after I have time.

3. I also invested a lot during the low and overtime I had 0.1 which I sold to pay for my university fee.

That is actually true. Poor, but smart bitcoin adopters have made a lot of profit (in bitcoin, not dollar) during the early days when bitcoin was still in the three or four houses digits. Instead of converting their funds to fiat, they have just held their precious coins, waiting for the perfect moment to finally enjoy the fruits of their long run visionary patience, that hasn't came yet for many, even thought bitcoin was able to reach its ATH recently.

On those times it wasn't exciting to think about the profitability possibilities. But seeing from today's perpective back then, it's insanely incredible! Just an example: Some years ago it was possible to make 100,000 satoshis from a faucet run which shouldn't take 2 hours of your time, that is equivalent to a 50$ daily income taking the currently market prices!

Just think if you didn't spend any satoshis you earned back then (that happened for real, it's not an hypothetical scenario), you could have accumulated 1500$ dollars in a monthly basis, working only 2 hours a day!

It's queit rare that someone will be in this space for about 4yrs without investing in Bitcoin.
Maybe it all matters what you  meant by investing.
To me;
1. Anyone that buys Bitcoin with fiat has invested.
2. Anyone that trades Bitcoin is involved.
3. Anyone that earns through campaigns is there.
4. Crypto gambler is involved.
5. Article writers
6. Project developers etc.
It just depends on what you invest, money, resources or time.

When I first entered this forum, I never invested a penny in crypto. I'm looking for an income without capital on this forum, the investment I really do is invest time to work on each campaign that exists. and for every campaign that I work on, I get rewarded in the form of coins for the campaign project that I'm working on. sometimes I enter some contests that pay in dollars.

I didn't invest anything at first, but then after getting rewarded I started managing every investment I wanted to make. Do not be discouraged, there will be many ways to get it.

Maybe for the first time we've been in the market and knowing about bitcoin, we would have never invested because we're not yet that ready and we don't have anything to invest.

But as we mature, we realize the true potential of bitcoin and how large it would be, the growth of it can do. That's why eventually, we're investing and doing some average part of buying such as DCA. That's likely the story of everyone which I did too.

satoshi probably has never paid a single $ for Bitcoin.

When I started my Bitcoin journey by joining this forum in 2016, I didn't have any spare money to buy BTC, and as I was earning on this forum by doing freelance work and bounties, I even had to immediately spend my earned coins to cover my expenses. But I managed to save quite enough coins, so today a big portion of my stash can be traced back to those early earnings.

There can be people who hodl coins that were gifted to them, claimed from faucets, received as a payment, etc.

Bitcoiners with zero investment is kinda legit especially way back a few years ago.
For me, I can't say it is zero investment because I got my first Bitcoin on somehow like a job where I worked on and they paid me Bitcoin, so I can't say I got it free, I worked for it.
I can say it is free or zero investment is when people ask for Bitcoin for someone and they received Bitcoin without any work or task or anything they did, they just gave their Bitcoin wallet address and they already received.

There are also people who are telling that they don't put any money on it like "airdrops", there are some airdrops who got some task before giving any Bitcoin so it still works. And some also legit giveaways which is can be considered as free too.

I remember when airdrop and faucet are being profitable at that time and there's no need for you to spend your money investing in Bitcoin.

There's various way to invest in Bitcoin, it could be in exchange for your service, money, time, and effort, or any valuable stuff that could be exchanged for Bitcoin.  But all I mentioned above as a micro earning and of course, it has a small return of profit too.  The real investment and gaining huge profit you should put up capital to invest Bitcoin, those early adopters aren't faucet and airdrop collectors, they are investing Bitcoin and keeping it safe.                               

What you are claiming is probably your personal guess only. Surely, you do not have anything to put on the table to prove it? But I suppose ever since signature and bounty campaigns are offered in this forum, there must have been a good number of users who are only earning and not buying Bitcoin. But they are not the only Bitcoiners who did not directly buy Bitcoin. There are probably miners who never ever bought a single Satoshi.

Anyway, I am not one of them.

Yes it is nice to hear of new investors, I have a new coin arriving soon that will have locked liquidity along with a d.a.o. project to coincide with it. Follow me for more info! Sound fundamentals similar to BTC

When we talk about 2013-2017, many early bitcoiners can easily collect bitcoin from faucets as we know that faucet gives a decent amount of rewards to people. At that time, it is easy to get much of satoshi, which is why people are trying to play with faucets.

I think those who joined after 2017-2021 can also follow the step from early bitcoiners by joining in the bounty campaign and they do not have to invest much money to earn tokens or coins. The only thing that we need to invest in is our time to gather as much data as possible to follow the journey from cryptocurrency.

Investing our time and effort in participating signature campaigns that are paying in bitcoin can be considered already as bitcoin investment. So even if you have no money to put in, as long as you have sources that are paying you in bitcoin, then you cannot be called as zero investment.

However, if we think it more deeply, a bitcoiner who is not making investments at all is just very useless at all. Because there are a lot of opportunities in bitcoin that can give you profits, so its up to you how you will grasp every opportunity that comes.

What you're talking about is me. I have joined this forum since 2017 and never once invested my money in crypto currency, but I am working to earn crypto. Namely, by working as a bounty hunter and airdrop hunter, recently I really hope that the results will be good.
What I do is a minimal risk investment, because what I invest is my valuable thoughts, knowledge and time.

Kind of contradictory, talk about Bitcoiners who do not invest in Bitcoin. After seeing the answers, I partially agree with you that there are Bitcoiners who have not invested in the sense of exchanging their Fiat money for Bitcoin, but if we talk about the examples that have been given, for example, someone who saves everything he earns in signature campaigns, that is an investment, not a monetary one, but an investment nonetheless. Even the one who spent a lot of time collecting money from faucets was investing his time in that.

It can be seen in many ways really. Even the early CPU miners have spent electricity for mining... of course, compared with today price, that's nothing. Still.. they have invested.
As the others said, trading, working for crypto... are all investments. Although I've bought bitcoin at some point, most of my coins came from earning them - bounties, signatures, translations...
Even claiming from faucets can mean a huge lot of time.

I see only two categories of people who didn't invest for the coins:
* people who earned them at free raffles/contests
* people who have received coins as gift

And I don't think that those have much of an interesting story to tell... I can pretty surely say that most of those are far from "early adopters".


Oh, on a second thought, there may be one category of early adopters who didn't invest into bitcoin: people who have claimed from the very early faucets and did HODL since. Good luck finding one of those though.

Airdrops and faucets? It was never profitable. Even when I started faucets were not even giving 1 cent, and the same today, they only seem profitable NOW because the 100 satoshi that you might get in 2016 is today worth 5 cents,,, but I always recommend against newbies to go for faucets EXCEPT to familiarize with addresses and wallets.

Like you said, time and effort. $50 a week goes a long long way if you can afford it. If you cannot, then $25 even a week is amazing returns after a few years.

For sure they invest their time to get something in return so it still counted since you invested your  effort for this and you get paid for your hard work in crypto. If you see someone like this became successful then that's the payment of their long years of hard work seeking of information and be updated on the current happening in the crypto scene. There are also a lot of job options where people could choose and that will be a good start for beginners to grab their very first bitcoin or other altcoins.

Those people who never invest on bitcoin are those countries where bitcoin is not legalized because they don't believe on decentralized currency in their country. Some of them know what bitcoin is all about in the community but they are still seeing bitcoin as a scammer currency that will never bring something good in the future. Those that have the money to invest on bitcoin are afraid because of the band their government has banned bitcoin in the country.

Well as at the time I got into cryptocurrency trading, stablecoins wasn't a popular thing then and you MUST buy Bitcoin first with your local Fiat before you are able to trade that into other cryptocurrencies, however, you have pointed out that this does exist and thinking about it now, I too believe there are lots in here that have not really spend a $ on buying Bitcoin.

as they say they work on cryptocurrencies even though they don't invest in it, from their work they certainly get a gift in the form of altcoins, but they may be sold immediately and leave nothing. If that's the case, I think they certainly have many types of altcoins, and are not ready to be used as fiat money, maybe because they haven't been listed on the exchange.

In my opinion, I would call them as “spectators” rather than “Bitcoiners with zero investment”. Unless someone donated BTCs to them and keep HODLing of course, it can be “very lessly” considered as they still do not want to invest out of their pockets. Correct me if I’m wrong though.

The earliest bitcoiners, basically anyone involved in Bitcoin in 2009 and maybe 2010ish, didn't pay for their bitcoins. Their bitcoins were either CPU mined or gotten from a faucet.

Indeed i had found it in my country that some of people who knows or talking about bitcoin but didn't have bitcoin asset from their wallets and sometimes i was wondering too that why they always be talk about bitcoin and the profit from it but never taking actions to collect or buy bitcoin or maybe they were too affraid to loss because if they entering the market now which is the price of bitcoin too high for them

for the first time knowing bitcoin, i play in campaign. i try to join in many of them, as long as get paid, and i think its better if you can invest without spend money, but you spend your a little time, and give massive reward. its just simple thought from newbie, and we did it.
its not 100% to not spend money in this world, we know if we can reach this point with no money, mean we can reach that higher point with money.

Talking about investing means holding ownership for a long time, and our story here is about getting bitcoins without having to buy them by creating services or participating in signature campaigns that will be paid for in bitcoins and which will be used as additional income to use in times of need. or exchanged on the same day.
and there are also those who keep it long enough to invest so that ownership increases when the price goes up, and all of that we don't get for free because we put the time, thought and also do it very carefully so that the results are of high quality.
maybe we can rely on airdrops and faucets in the past, and for now
Airdrops and faucets are not what they used to be. :D

I'm probably one of them because i earned my first cryptocurrency from faucets doing random captcha and got 1 USD per hour back in the day, and as a college student i was so happy at that time.
After that i joined this forum and start doing post every day to get my rank up for doing signature bounty, and until now i haven't spend my own money for crypto i just reinvest my bounty rewards to another projects or another coins that i got. And i'm sure everybody could do that

I have not invested anything in cryptocurrency since I got to know about it. Everything I have been getting is through the works that I have been doing. Although the first time that I got to know about Bitcoin, I was making use of the Xapo wallet and there were really some cool ways that one could earn those days and one of them was through faucets that were paying really well then and as the market kept increasing in value, the Satoshis got through these faucets comes to worth even more.

But, faucets were not my main source of income, got a lot of contracts through LinkedIn and usually told my clients to pay me through Bitcoin, and that was how I was able to gather huge amounts of Bitcoin.

Honestly i have never invested a dime on buying up bitcoin on my own personal money came from my pocket.All of the bitcoins that i had accumulated

is that i do able to accumulate on my online jobs or tasks that had been done and ive been rerolling it until it becomes big and made out several investment with those and the profits i made do end up on being reinvested again until it becomes big.

This is where i do make myself sustain on this market without needing on investing something.

My point is that a null result is not bad at all. For in investing, the worst result is still negative.

I understand that investing alone is not just talking about putting your own money into a potential coin or any thing that has potential value. But even if you earn from faucets or airdrops, or from participating signature campaigns, if you are saving all those rewards you are being paid without converting it to fiat, that is still falls into an investment. Because the fact that you are hodling them for future profits when their value has already grown, then more likely you are still in the process of investing.

Its a good thing that you had end up earning huge amount of bitcoin at the present without using your fiat to start it all. I think there are a lot here that are paid in bitcoin from their own jobs or skills in crypto and by keeping and hodling them in their wallet, they end up having a huge amount in years. So its not just through fiat that we can make investments in bitcoin, we can also earn from it from our own hardworks and expertise that our clients are ending up paying or rewarding us with bitcoin.

in my case at the beginning when i met bitcoin and this forum i made faucet but after 3 months making faucet i realized that it would take a long time to make money so i decided to sell things i had, i sold things from my pc and took my money from bank and I bought bitcoin, and then I started buying bitcoin constantly

Well, if this is bout using $ to buy Bitcoin directly, yeah maybe there are. I ma one of those who  never deposit any $ to buy Bitcoin directly.
But, if this is about the entire investment, I think that even we don't deposit any $, it doesn't mean that we don't invest any single $.
Even I got the rewards in Bitcoin from signature campaigns so far, I am still investing:
- My time
- my energy and thought
- and also my money to buy internet connection and also others.
So, it is no exact free investment entirely.
Even we may be do faucet or other free programs to get Mbtc, we should still spend something

It is very natural that people start investing in Bitcoin with zero investment, because Bitcoin is still a new technology, so people are more careful
investing in Bitcoin. So surely some people will look for ways to invest with low risk. For example, as you have already done, start collecting
Bitcoins through faucets. Which we do not need to spend money at all to be able to collect Bitcoin, but as you said, it will take a very long time
to rely on faucets to collect Bitcoin. Indeed, we should have the courage to buy Bitcoin with the extra money we have, and always remember to
invest money that we can afford to lose. Because after all Bitcoin is a high risk asset, so I don't agree if anyone sells valuables things they have
to be able to buy Bitcoin.

the first time I tried to invest, I used little capital and bought cheap crypto. then after that I also followed several bounties to get paid and from that payment I collected to buy bitcoins. even though the bitcoins that I bought from the bounty payment were not much but at least I have bitcoin assets. The more I come here, the more I follow the bounty too and my assets are also increasing from the profits that I get while investing. it really helped my economy, but now I'm more focused on trading and I also invest some coins. I hope I can get a bigger profit.

I agree with what you said. At least, by participating in a signature campaign, you do not buy bitcoin directly but you invest your time and get bitcoin as your investment. That will be the same as the other participants who invest their time and effort in bounty hunters. In the end, they have a chance to have bitcoin, especially if they can convert what they got into bitcoin.

Maybe we are not making investments by depositing our money and buying bitcoin, but we use another way to invest our time and effort to do something. Yes, we need to grasp every opportunity that comes to us to increase our investment value which will give us profit in the futur

I see a contradiction. Calling people who know about bitcoin does not mean that they are, as you call them, "bitcoiners", that is, bitcoin fans.
I would call people "bitcoiners", those people who sincerely believe in bitcoin, invest in it by spending their money in fiat, or even make money on the forum, but do not immediately run to cash it out. These people are holders who are not bothered by volatility, whether it is falling or, on the contrary, rising. These are the people affected by the Bitcoin religion. Everyone who simply earns bitcoin and quickly exchanges it for fiat for their vital needs is ordinary people who need to earn at any cost. They do not care what and what currency will be paid for their work.
On the contrary, I met here people who do not see any alternative for their financial freedom other than bitcoin. These people can be called bitcoin fans, and I consider them to be real bitcoiners.

It’s a natural that many people start investing with zero bitcoin dollar. 2012-2017 When bitcoiner easly earn and collect bitcoin.  For me,  I earned many bitcoin dollar with zero investment. People still believe bitcoin and invest with bitcoin. A lot of holder they have hige bitcoin dollar holding. Bitcoin this year more development.

I don not really know why you have come to that conclusion and how you verified that information, but I find it hard to believe that quite a lot of people haven't invested in the network they have been in for a long time, if you say newcomers, then I can agree with you; but then there could be quite a few reasons why someone wouldn't invest in Bitcoin even if they believe in it, they could prolly not have the funds to do so, or maybe they are still at a stage were they are trying to understand the network properly before putting their funds in it, or they could be worried about it's volatility and are always waiting for a comfortable time to buy, but they never get a good chance, etc.

Mind you that people may not actually buy Bitcoin with fiat, but earn it through other means and as such they have invested in the network, you must not have bought with fiat for it to be called an "investment", if for example you're earning BTC through one service or the other you render and hodling it, then you definitely are a Bitcoin investor.

some people is not investing in bitcoin right now? i think they are too much thinking about the risk of bitcoin, we all know about the risk about bitcoin right? and we all know about the profit about bitcoin, the risk are directly proportional with the profit, so if you guys want to investing in bitcoin, you need to prepare yourself about the profit and the risk ;D ;D