Bitcoin Forum

I see how some newbies are complaining about not having enough money to invest in Bitcoin, some times not having money is a blessing in the crypto space, if I had money years ago when I knew about crypto I would have made all the possible mistakes in the book, and that would have cost me a lot.

I had no access to money when I knew about Bitcoin, I had the desire to acquire many Bitcoin but I have no way, instead of moving on with my life I kept myself busy, reading and reading about Bitcoin, installed my first Bitcoin wallet on a Pentium 4 PC, I knew about Proof of work, I tried mining for the first time using a dual-core PC ( second PC ), if I have enough money to invest I wouldn't have had time for all this learning.

I got so calm, because what is there to rush about? I have no money anyways, since that time learning became my first priority.

If you don't have the money yet, maybe because you are jobless or still in school, do not let that be the reason to be out of Bitcoin, there is more you can learn that will help you in your crypto journey.

Money is coming, but be prepared by learning about Bitcoin, you will be in safer hands with the knowledge you would have acquired.

Congratulations, because it helped you learn more about Bitcoin technology. But, well, every human doesn't have the same character, and that experience of yours was a disadvantage to others as well. Some wished they had had enough money to invest in Bitcoin because investing doesn't really require all the knowledge about Bitcoin. IMO, people can only have two major regrets about Bitcoin investment: not having money to invest in the early days and not having the knowledge or help to make them invest. When I first heard about Bitcoin, I was terrified that my money would simply vanish if I invested in it; I didn't know anything about it, and there was no one who could teach me.

If you don't have money to invest, there are many ways to get yourself aided in this, one of which is to engage in doing menial jobs that can help you have some savings, provide services for people or organizations that will pay you in bitcoin, take you time to invest in learning about bitcoin even before investing, don't also make the mistake to borrow money from any source no matter how the amount is.

That's so true! Not having enough money can actually be a good thing because it teaches us to be strong and focus on doing things that matter. I think you did an amazing job by installing that wallet and starting to mine Bitcoin on that old computer.

I'm guessing you either held onto those mined Bitcoins for a while or sold them when the price went up to $100, but either way, it's great that you shared your story with us. It really helps new Bitcoin fans understand how things used to be and how far we've come.

This is true. The desire of someone to learn how to earn is much stronger if you need something badly rather than when you already the thing you are looking for which is money.

Still, It’s a case to case basis because you can do better when you have money during the early stage of Bitcoin for a better investment. The best example here is the winkleboss twin who invested there money that get from Facebook lawsuit to Bitcoin that result for a greater fortune to them. This will not gonna happened if you will start from nothing because Bitcoin price keeps growing in fast phase.

I agree... sometimes lack of a resource and hunger are the fuel needed to accomplish great things. Most persons who invested in bitcoin may have done so because they wanted to change their circumstance. They wanted to improve the economic situation in their family.

Glad in your case you took the right steps. While you may not have had money but you had a PC that could work some persons do not even have a PC, they started with their mobile phones until they were able to take profit and invest in a better electronic device. Like you said, patience is key in the bitcoin journey.

Your opinion is not entirely correct, but it is better than having no money and giving up on the crypto journey. For me, if only I had money when I first got to know crypto, especially Bitcoin (BTC), then I would be a more settled person in life. We must remember that every time we make any investment, of course at the beginning we have to do research first, why are we investing in Bitcoin (BTC) and what is its potential in the future.

And in the end, I can only share what I know, trying to help other users solve their problems/questions through this forum, and finally I was able to join the signature campaign and get my first Bitcoin (BTC).

Maybe, it depends. You should consider that in 2009-2011 mining were really easy to do and anyone with a PC were able to earn a good amount of Bitcoin. Yes, naturally you should have accumulated it for years before to see

a big sum, but pioneer in the early stage has had possibility to change their entire life.

About the OP, totally agree with him, learning is more linked with desire to earn something, the more desire you have, the more you'll earn probably.

We had the same experience way back in 2016 I know Bitcoin already which that is the time of Ponzi schemes and I got scammed also, I don't have work at that time and I am a fresh graduate I am finding for a job online or any side hustles which I discover bitcoin though I don't have money to invest on it which it makes me to the point try to earn bitcoin without any investment and I've finding task like making logo which paid in bitcoin and other services online which I earn that time and uses it for investing bitcoin but I always sell it as I tend to panic sell

Knowledge and understanding are the most important when you have mastered the learning, so when you have it you will be ready to invest because you have already learned the experience, so it is not a matter of money that is the main factor but the others must be balanced so that this will be the right decision when you are ready for everything.

Need to hone your skills to get better at bitcoin knowledge of course there is a lot more to it than that if you have a lot of time space then it will be important to stay focused and learn what you don't know there are many resources here and you can make the information you need include your initial journey with bitcoin.

You can also make money here from the Games and Rounds board because there have provided several sweepstakes with bitcoin prizes in the sense that if you are lucky enough then you will win it.

Same story of mine, was fresh graduate, has student loans and most of all still job less. I got nothing when I started about crypto but the thing that was introduced me was about gambling but I'm not a fan of it, instead, I read lof stuff about it and want to know how people earn on it. It was really hard at first but you need to, just to make some decent amount of cash.

I want to say this to OP, basically money is very necessary in life but sometimes it is necessary to look at the real essence of the problem. Knowledge helps us to achieve everything, and the necessary preparation for newcomers is to equip them with the basic skills and knowledge of the market. Sharing how to make money in this market makes me always feel self-limiting, if you don't have money then don't force yourself to buy anything, learn instead.

That's a good initiative of you OP, I respect that people may have issues in life that causes them to be jobless, or a student which they doesn't earn yet. But I always think that you will always have a time to find your opportunity. So I did the same thing the OP did as a student, I've heard about Bitcoin and how you can earn from it. So I did my own research online, watch some videos on yt and explored the trading/investing app. Its actually tempting to do some trading/investing if you have already the knowledge with it, the only problem is that I lack funds. That's why I started from low since that's all I can afford as a student and looks like my studying pays off well. It made me ready to this industry also avoided to risk carelessly since we don't have to rush on this things.

Having money or not, the fact is that we have to do everything we can with the tools we have under our disposal. The ideal is that you ally money to knowledge, so you will be able to start investing since the beginning of your journey in crypto environment, while learning how to keep your money safe, however, since it's not the case of every enthusiasts, they have to find alternative ways to start building their portfolios.

The most common way is through online jobs and tasks. The point is that sooner or later you will need to find a way of acquiring money to start investing in Bitcoin, otherwise all your knowledge regards this matter will be in vain...

I won't agree with you saying you don't have money then, my view is that buying Bitcoin wasn't your priority or preference because you have a PC and have money to access the internet showing you are not poor, maybe then you thought you need to own million before you can invest.

Those who don't have the means to start investing in bitcoin can use other methods such as joining a bounty campaign program and then getting paid in tokens from the project. After that, they can sell their tokens to BNB or even directly to BTC to own their first BNB or BTC.

Only people willing to try will get results while people with many reasons will not develop and will not be able to change their lives for the better. Do not make our limitations as an excuse.

I don't know what you're trying to mining, but it's definitely not bitcoin, or at least not at the moment.
If by knowledge you mean mining, then mining requires knowledge and money, not just knowledge.
Learning in itself is a beautiful thing, but investment needs more, and not only learning, but money.

Learning may bring you that money, and it may be in other ways, but a financial return is required to be able to invest.
Knowledge helps you to improve the chances of doubling this investment and achieving an ideal income that enables you to invest quickly.

Nowadays, even poor guys got a phone and an internet access. But they can't understand how smartly to invest in assets rather than having liabilities, which makes all the difference.
Just to add, you need a good high ranked account to earn enough from bounty campaigns. And to earn a high rank, you need merits and for that you need knowledge, etc. Also, I wont recommend joining any random altcoin bounty campaigns, most of them end up giving just a few bucks at the end of the month due to rapid price drop and scummy nature. Give priority to bitcoin based campaigns.

Each of us has our own personal stories of how to approach bitcoin and this market, I think over time if everyone persists with them they will all learn different lessons about this market. Some personal opinions like the OP also contribute to each person's approach, for me, failure is an important lesson to make me stronger, and that's not the end, yes. Maybe I had a lot of luck that kept me from getting too caught up in the money vortex, so since I realized the potential of this market, I only see that life is complicated or simple is up to you to decide.

How it's possible you can mine Bitcoin using Pentium 4 PC?

Don't looking a way to generate Bitcoin or get free money since it's mostly wasting time, you're need to learn about a new skill to make money e.g. designer, illustrator, digital marketing etc.

You just need to learn about Bitcoin in general to make you understand and have a reason to buy it, then you need to learn about wallet and how to make a transaction. Don't need learn to far if you're still struggling to make money, it's wasting time IMO.

That's an interesting perspective from the op, but I also believe it's somewhat unjust that some people have the funds, and they can buy Bitcoin if they believe in it, and there are some who also believe in Bitcoin but can't try it out, can't improve their financial situation even though they could really use an improvement (at the same time those who can afford to invest a lot in Bitcoin probably already have tons of wealth and the marginal value of them getting even more wealth is pretty low). But another way, aside from taking your time learning about Bitcoin, is to find a way to earn in Bitcoin (if you're not a minor, that is), which will mean you can get BTC without buying BTC.

I don't think this is true and will be useful to all beginners here and out there.

Some people can control themselves and make sure they don't make the wrong decision even if they have the money to invest; they will take their time to learn and acquire all of the basic knowledge and guidance they require before investing their money in cryptocurrency because they understand how risky it is to invest in anything you don't understand.


If you have the money now, it could have been an opportunity for you to at least invest in Bitcoin because you know it is the most reliable cryptocurrency coin to invest in because you will feel that this is the right time to invest so that you can see how your Bitcoin price grows during the expected halving in 2024.

You don't necessarily need money to make money for example lot of influencers are making money for simple tweet or a video or an article about a project so it all depends on how we convert of existing skills to money and ofcourse investment will help the money to multiply and keep on increasing. So it really depends on every individual and what kind of skills they have because there are numerous ways to make money so all we need to do is to find which one will suit you better.

I was quite young when I was first introduced to Bitcoin, and I had neither the means nor the money to do so. Thus, I resorted to scouting the forum and trying to learn as much as possible. Learning is a never-ending process. I've made plenty of mistakes throughout the years that have cost me a great sum of money.

However, the amount of money out of my own pocket that has gone towards purchasing crypto is minimal compared to the amount of money that I currently hold in Bitcoin. This forum is a great source of information, and if you take advantage of the opportunities it offers, you'll start generating income from scratch. Keep up the good work, and eventually it'll pay off.

I agree, knowledge is one of the keys to prosperity.  Knowledge is also critical for earning factors.  To get knowledge of certain topics we need to learn.  @OP is correct in trying to understand Bitcoin rather than jumping before thinking.  He might have lost lots of money if he do that (assuming he has money to invest).  Luckily, @OP cannot do that because of lack of resources and @OP is wise in thinking learning is the key to his Bitcoin journey despite of lack of funds.

Knowledge through learning is essential especially when we are about to explore a new industry that has lots of potentials to give us profitability.  Knowing the factor to take advantage of potentials is the right thing to do.

Trust me mate, I get where you are coming from, but also know that even money makes learning easier, just imagine you had the money to acquire your own bitcoin mining equipment at that time, you would have learnt completely with first hand experience, how bitcoin mining works, and also at the same time, in the process of learning, make good money for yourself..

So don't underrate what money can do, money is still very important, even in learning, but I understand and agree that those who don't have it yet, should not feel left out, they can still learn a thing or two regardless, while doing all they can to make the money so as to possess a faster learning process/ability.

Exactly, while not having any money is an obstacle as you cannot bitcoin directly at the end that is all what it does, it does not prevent a person from earning bitcoin directly or from learning all what they can with the time they have available, then once they have enough money they can buy bitcoin and avoid most of the mistakes newbies make, however not many people think this way, which is why even if some people have known about the existence of bitcoin for a long time and they had a desire to buy it, once they do it they cannot avoid making the mistakes newbies make and lose a substantial amount of their capital.

Well, you do have a point; investing on knowledge first before actually buying or engaging into it. But there will be things in this industry which can only be learned through experience such as endurance to market price volatility. Textbook knowledge is good but things does not simply work as it was stated in the books; the market behaves in no particular manner in the first place, therefore, no certainty. Let us say you have the prior knowledge of something but not all the time, things would work smoothly on the actualization for sure there will be differences. What I am trying to point out? We have different ways to achieve one specific goal.

There is another way to have Bitcoin without a lot of money. for example by claiming a faucet on freebitco, or others, but that makes spend your much time if you don't have the skill to multiply it. And, you have to know, I don't have money a year ago, but I really love to own Bitcoin and I research, then find a way how to have it, yes, I join the signature campaign and save the bitcoin, but you must a lot of time to read about crypto and bitcoin, nothing is free in the world if you want, then you must learning hard.

Without money, opportunities missed, he might be happy that he didn't go into crypto earlier because he's scared of losses, he would have been among the first set of people to enjoy full massive profits from bitcoin. Real facts OP, money served everything in the crypto space because we are offered new opportunities to turned out good profits from solid projects, it doesn't matter the number of times a trader have recorded losses, never giving up and pushing harder have been my ultimate slogan and it have really helped me over the past years.

Investment should be made with money that is like your savings. After you use your salary for necessary things in life, to survive from hungry at least, and reserve some money for emergency, you can use the rest of your money for investment.

Investment can be in stocks, gold, bitcoin or altcoins but if you ask what are safest assets for investment, I would like to answer they are gold and Bitcoin.

Stocks can collapse, altcoins can collapse or die. Gold is here many centuries and Bitcoin is here since 2009 through one global economic recession and might be a witness of an ongoing recession.

Investment when don't have money to use in life, for emergency is a bad plan and I don't recommend to bet your life with investment even I do love and believe in Bitcoin.

Right. Also, if you are unable to invest a money in Bitcoin, you can still participate in the cryptocurrency market by buying smaller amounts over time or just offer goods or services for payment in Bitcoin. It can allow you to acquire the currency without spending traditional money.

But of course, like what you've said, it's important to do research about Bitcoin before investing, even if you don't have money yet, because it will help you understand the risks and potential benefits of investing in Bitcoin. This knowledge will help you make an informed decision if and when you decide to invest in the cryptocurrency someday.


I think that's just how OP cope up with the fact that he wasn't able to enter the market early. The way I read it, he's just taking advantage of the fact that he had no money during that time because if he did and he didn't have the knowledge, definitely his investment will go to waste. So congrats to OP for using his time wisely. Despite the fact that he didn't have any money before, he made a great investment in his knowledge.

Earning bitcoins from the faucet is no longer a good return and a real waste of time. Instead of looking for freeways, we should go out to work, earn an outside income and then it will be easy to invest in bitcoin. Don't try to waste time sitting in front of the computer for hours looking for free stuff, they are useless.

People must always think this. Because from what I observe most new people who are coming to the Bitcoin space are greedy, they only want easy money, they don't want to learn what Bitcoin is because they only think is easy money. Very bad move for newbies I believe.
Having good knowledge on Bitcoin will help you to make money depends from your goal, so everything must be learn first.

Well the newbies or newcomer should see this thread https://bitcointalk.org/index.php?topic=5262967 this post made by zasad@ and he interview many people and I read some of it the old member usually not buy bitcoin they earned it. Even my self earned from this forum.

Back when covid attack I was fired from the company I worked with and the company is bankrupt. and then I reactivated this account learn something new again about Decentralized Finance Smart Contract and a other things. and here I am full time crypto  ;D some member in my group earned billion in my local currency just by doing airdrop crazy right Crypto is the best place to earn and lose money keep learning and keep doing. Maybe you will be the next millionaire  8)

That's a good point of view. It's great that you didn't waste your time and invested your time wisely learning more about bitcoin.
That itself is a better achievement than investing in bitcoin directly. Besides that, another perspective is that if you would have invested few years back then you would have bought at a higher price than what it is now.
So not having money back then was good for you because you can buy more BTC at a lower price now.

Congrats and way to go for finding the best path for you at the tough times of your life, you deserve every win you have achieved up to this moment. It is great that you are sharing your experience and thoughts to help out others which is truly appreciated.

One thing to make clear though so as to not confuse newbies that my come across this post of yours is that the drive for learning about something has many reasons or triggers and one's financial status is only one of the many out there. Regardless of one's financial status, one should always strive for new knowledge and self-improvement rather than letting one's self be stagnant.

So, to the newbies out there if you somehow stumble upon this, keep in mind that you should not look for justifications or reasons just to learn about something new or improve your current knowledge about something (not just about bitcoin or any crypto currency). Instead, be hungry for more self-improvement.

If you do this, I promise you that all the good things that would come along the wisdom that you have built up over time will serve as the best justification for all that effort.

-Great post OP.

I get your point, persons with money would just want to rush into the system without 1st analysing or properly carrying out a research on what they're going in for.

I agree with what you said OP, if we don't have the money or capital to enter the world of cryptocurrency then it's better for us to learn more about it and not waste time just regretting, complaining or not being confident.
Glad to hear your story OP, there is a lesson to be learned when you are not in too much of a rush to get Bitcoins. Luckily you can direct or use your inability to motivate you to learn more about crypto.
Money is indeed important and in my opinion it has become one of the main needs of everyone, we definitely need money to buy anything and provide for our daily life, even to get Bitcoin through trading or investing we still need money.
But sometimes having a lot of money will also bring out bad human traits, which will make us sometimes greedy and act stupid.

Sometimes rich people who have a lot of money but have little or no knowledge may be easily deceived and cannot take advantage of their wealth.
But people who have extensive knowledge may be better able to seek and see every opportunity that exists to make a profit.
But in my opinion besides having money we also have to have a lot of knowledge, so if we can balance having both it will be better.

You are right in there. Money should not be the first thing to acquire but certainly knowledge and skills. Invest in yourself first before you invest for profits. And once you have that, you will have easy money coming your way. However, when it comes to investing, it’s still a basic thing to do to invest cautiously. Especially if you have less money to invest, at least you should be avoiding creating mistakes as that will lose the money that you put in.

You're extremely fortunate to have learned more about bitcoin before investing in it. The knowledge you gained initially will help you gain a better understanding of the market and determine the best trading strategy. Many people never had the opportunity to learn about cryptocurrency before investing, and as a result, they leave the market in rage and lose a lot of money. Even if it is not bitcoin or cryptocurrency, it is always advisable and ideal to have a thorough understanding of an investment before putting your money into it. Delay in investment is preferable to losing all of your money if you invested too soon due to FOMO.

This post will be extremely be useful to anyone who joins this forum and just wants to learn how to buy their first bitcoin or tell the forum how much bitcoin they’ve just purchased. If they can see this, it will reduce their desire to just start buying and instead want to learn and have some skills to guide them later after purchasing.

It's true that not having money to invest in Bitcoin can be a blessing in disguise. Instead of focusing solely on making money, people can take the time to learn about Bitcoin and the underlying technology, which can be very valuable in the long run. Furthermore, with a deeper understanding of technology, people can make more informed decisions about investing in the future. Therefore, instead of being discouraged by not having enough money to invest in Bitcoin, people can take advantage of this time to deepen their understanding of the technology and the market.

I agree with you because by understanding investing in bitcoin well, they can find something that can make them able to invest in it even with a small amount of money. That gap is what they can use to find hidden blessings from bitcoin and who knows, they can be luckier than other people who have money. But not many people want to try hard because most of us just want it to be easy.

I think that you would still not mind buying bitcoin at that time, but everything that you did (installing a wallet and experimenting with mining), you most likely would have done anyway, since one does not interfere with the other. People who want to achieve something tend to learn something new, but this can be done in parallel with the purchase of bitcoin. If, nevertheless, the situation is really such that there is no money to buy at all, then you need to change something in life, money will not come into your life just like that. I was also a teenager and a student, and I can say that there is almost always an opportunity to earn something if you are not afraid of hard work.

I also have to admit that sometimes not having money to invest early is also an advantage. Because we will have a lot of time to learn and research about it before making a final decision. If we rush to invest through advertising or someone's recommendation and do not have any knowledge about it, it will not benefit us.
I also used to lose a lot of money investing in Ponzi projects, I didn't do any research and just focused on the profit I would get. And the price I have to pay is to lose all the money invested.

That's right! when you have all the basic knowledge concerning bitcoins and cryptocurrencies, every move you make will be easy and productive and when the time comes you are about to buy your first bitcoins, you won't have that anxiety of looking countless times on the crypto market because you already know the drill and the common basic things about it. That's why knowledge is precious, especially in this field where there are lots of scammers that are taking advantage of people that are not familiar with the crypto market and how it works. when you look at the scam victims' posts you see that they don't have enough knowledge and they learned their lesson the hard way because they rush to invest rather than to investigate first.

I agree with you on the part that you get more zeal to learn whent you have the taste and hunger for it and is better to learn when you have not achieve any thing like financial independence yet because that is the only time you can pay close attention.

Although money is never a distraction rather more of an advantage because I won't say if you have bought some Bitcoin and held it in that your wallet since then at least you will be at a gain by now.
But then now you are ready to buy Bitcoin but Bitcoin price is high right now compared to some time ago was the price was way below the $30k price which will reduce your purchasing power right now.

Yes, the same to me, like the first time when I was to bitcoin, i don't have money to invest, but I have more serious than seriousness to go deeper in Bitcoin investments to lean more basic knowledge concerning bitcoins and cryptocurrency,  about bitcoin and to achieve my financial freedom or financial goals, and when I have  known some basic knowledge concerning bitcoin but I don't have the money to invest until that day when day send money to me for feeding that is when I applied for this strategy with a little amount of money, the DCA pattern which directly related to people who don't have big capital to buy. And that is how I started the journey to invest.

I think the reason for this is that @OP is desperate to have extra source of fund if not looking for the main source of fund.  The main motivation why many of us here are giving and trying our best to learn and engage in the Bitcoin economy.


I agree, with the aid of money, we can hasten our learning just like what the earlier reply on this thread stated.  With money, we can have a first-hand experience of everything we had read and learned.  We can easily get acquainted with investment in Bitcoin, mining Bitcoin, or start-up businesses that accet BTC if we have enough funds for one of them.

But as @OP stated having no money is not a hindrance in participating in the Bitcoin economy instead, it can be a motivating factor and as a challenge for everyone.

Ops point could have been better understood if he said not investing in altcoins instead of saying Bitcoin, because not investing in Bitcoin in the early stage is more of a disadvantage than it is an advantage unless you bought at the all time high, but aside from that, it's 100% better to be early that late.

What makes Bitcoin different from others is the fact that with Bitcoin even a newbie with no knowledge of Bitcoin can simply buy and hold Bitcoin for the long term without much fear or risk of losing everything, but the same can not be said of altcoins, most altcoins we know before are no longer available in the market today because of one or two things which as basically the characteristic of altcoins.

If we have money, but we lack knowledge. it could be because of our lack of knowledge that we act rashly just to indulge our passions and then lose and regret. So it's better to add insight first for our own good. Money is needed, but don't rush just because you want to get rich quick. Because to be successful it takes a process. and like you said that the money will definitely come.

I like this story and so much to take from it. Recently so many negative news coming from the crypto world regarding scams, suicide and what not. People are going nuts about investing their money into Bitcoin and they think its get rich quick scheme. They are literally taking loans, swiping their credit cards, lending money from friends and family, and some I read using pensions from their mum and dad.

In the end when situation gets out of hand due to the volatility they start losing money and get stressed about it. Sooner whole investment gets out of hands and they get no choice but ruin their own life and relations.

It's so true that if you don't have money then you should not be thinking about investing. First have proper accounting. Get yourself proper balance sheet where you know how much money you can afford to lose and spend on investments. That could drive proper channel. :)

You have shown the difference when investing in bitcoin vs altcoins. But for those who are not knowledgeable about bitcoin, buying bitcoin at a high price and holding it for long is impossible. Newbies will be shocked and panic if they see bitcoin dumped and lose 70%-80%, they will also sell it in panic and heavy loss. Having money without knowledge should not invest in bitcoin, investing without knowledge is like gambling, only investing with what you understand about it.

Sometimes having no money for a start up can actually be a blessing in disguise. Maybe there are some things that you are ought to learn which have not really done hence you will need to do them to learn and get the experience so that you can control or handle them well when it starts coming in. All these put together are the supposed experience one needs before going into a particular activity.  For instance before an organization put up notice for vacancy, there must be some terms and conditions to fulfill before you think of applying for the position that is same applicable to life principles just as OP has said. All the years you took time to get prepared for the journey ahead and now you are reaping the fruit of your labor. Those techniques you learnt I believe are helping you now to forge ahead.
So therefore, no experience is a waste of time.

There are always some ways to earn extra money even though you're still a student, a do a lot of extra work on photoshops, and video editing when I'm still a student, and some of that money I used to invest in Bitcoin.

In 2018 I think I join signature campaigns as well and most of my payouts are invested in Bitcoin, Saving some of your allowances would do if you really want it, it was just a small amount so it doesn't matter if it's a risky investment. Also, that's why we have the forum, we learn a lot in the forum not just about Bitcoin as well as how to earn Bitcoin.

Entering Bitcoin at the pick of the market is not good to do not only for newbies but everyone, bitcoin is best purchased when the price is low because that is the only way you can get some discounted price.

But if you enter when the price is high there is a high possibility that it will end in losses for you or you have to wait for a long time before you see profits because the market must first recover before it could make any more significant positive profits for the holder.

Kinda similar when I was first time actually got serious to learn and want to do something with Bitcoin. Started with nothing but laptop and mobile data for my internet purpose. Started from faucet where it actually paid decent than these days, that day was really precious because stuff was easy that day especially claiming from faucet where you could get paid decently from that and learn things from there.

It's true that when you start from zero, you don't have any feel of rush because originally it starts really slow so you can get used to do it with the pace you can make and make the process/result really worth at the end.

Everyone used to have similar experience. At the beginning our mind always think of making big money. At some point we'll realise it is hard to invest as the price is really high. Only thing that could give hands is learning and the other way is to think of having some unique ideas with bitcoin acceptance. Maybe the learning won't bring instant money, but it'll surely help in the long run.

Starting from the scratch let you explore and learn perfectly. There's a statement, slow and steady wins the race. That is what the reality when we acquire knowledge and experiment things to master it.

True that, most altcoin investment looks like a Ponzi or a HYIP scheme to me.  Those who invested in altcoins often ends up losing because many of them are created just to milk investors or run away the money invested on the project.  Most altcoin strategy is to make investors wait while promising too good to be true roadmap and plans.  So it is really best to ignore altcoin investment if we plan a long term holding which suited Bitcoin market.  Aside from that Bitcoin has strong liquidity.


True, but still we shouldn't tolerate such idea, newbies should be well equipped with knowledge before jumping into any investment.  This way they have the knowledge to solve any difficulties they encounter along the way of their investment.

Good lesson, I made almost all the mistakes available in crypto investment, from getting scammed online through phishing links to investing in HYIP projects, you are lucky to have no money when you are hooked on investing in Bitcoin,

I learned most of all I knew about Bitcoin after making mistakes, there are too many scam projects in crypto space and I did learn the hard way, now I lose less money to none but my mistakes costs me a lot, few my father was aware of and he kept it a secret from my mother, he said I should keep trying that mistakes is how we learn.

If everyone can go on the same road as OP many people won't make stupid mistakes that will cost them all they have or almost all they have, once newbies heard that someone made a lot of money from a project they will want to risk all they have and that might be the time the scammers will decide to rug pull.

Knowledge is the only way to get through dangers and red flags in the crypto space, ignore money making first and trying learn, leave the money making for later.

This is also kind of my spirit. I don't have that much money to buy Bitcoin like if there was no tomorrow, also because I have expenses every month, so I spend some of my time learning things about Bitcoin and Lightning Network. Of course I would love to know 10x more because I still know very little. But, this is a marathon, not a sprint race. So, I buy Bitcoin monthly and I learn as I need and at my pace! I also try to speak out about Bitcoin to friends, work colleagues, etc!

Op I really like your thread, I don't know why newbies always come here to say they need money to invest or they need someone to invest with them. Now the question is will they invest or buy bitcoin before learning bitcoin, how can you invest to business you know nothing or have little knowledge about. Those who are always asking people to invest with them or for them are not even Investors bit passerbys. Investment needs determination and knowledge about the business very well. So reading books is the major thing in the crypto Investment and not just coming to make noise.

I think I speak for everyone here when I say that we all came from humble beginnings here (save for a good percentage here who were already balling even before bitcoin and crypto) so I don't think it should be that great of a concern if you don't have money to start with in bitcoin. I myself started my bitcoin journey with not even a dime on my name. Just worked my ass off starting with this forum and its abundance of signature campaigns and that's it!

I get how money could still be of a hindrance to some but it's not impossible you know. Just need to find the drive and resourcefulness

Besides not having the money, it's very possible for most beginners to not have the knowledge and good means to start learning other things like the OP did. Laptops might really help OP develop knowledge, learn other things that can produce (mining bitcoins), but what about beginners who only have Android with low RAM capacity for example. So in the end the case of the OP and other newbie will be very different, but when someone has the will then surely the way is open for them.

The main context is having knowledge before investing in anything they are not familiar with.
Of course that is the best advice when starting out, but regardless, almost the average beginner these days comes to crypto because they had a mentor or someone who invited them. I don't see them making a fuss about it, but since some of them aren't well-informed it's worth the community to address it with some constructive advice.

From what I understand, you have been earning a decent amount from participating in Signature campaigns, which is possible when one is willing to learn. It's important to have proper knowledge and skills to earn in this field. Making excuses is just a way to avoid dealing with Bitcoin. However, if you set a goal to buy or earn Bitcoin, nothing can stop you. When you first joined this forum, you were not aware of the signature campaign, but you made an effort to learn and improve yourself. As a result, you have earned crypto from various sources and have become established in the field.

This is the classic post of enthusiasm that must be had for any situation in life, the formal study is the beginning not only to have access to sources of work, it is of social and moral formation.

Now, for Bitcoin when I read these passionate posts, OP, honestly, first all, it is Really justified to say: I had no money and second, you have to delve so deeply into Bitcoin at an academic level to have it, so in both cases the answer is no.

Please! There is that Demystify this type of opinion matrices that want to show that, firstly, you have to have a lot of money to invest in Bitcoin and secondly, you have to be versed in Bitcoin to invest.

Ok, it is true, you have to learn certain basic concepts and if it is good to invest money that you do not need for your expenses, but we return to the point of the passionate OP, start with a small investment and in that process Read and find out about how to be part of Bitcoin, It is easy.

Even the OP has been making $400 per month since his first post, and he has $300 saved to invest. So I think the OP's financial condition here is pretty solid even though he's made nothing out of the signature campaign.

Pay attention for this:

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Of course the best thing about OP is his desire to learn. You will earn from whatever you do consistently, even though it may not be worth your time and effort. Even you will notice that not all of the Legendary here are making the $400 per month you originally stated ^{[like your first post],} so I think your path of progress depends solely on how you develop that investment strategy.

When I started my bitcoin journey, I invested some money because I do not have much idea about earning bitcoins online. Also, the people around me convinced me that I should also invest money into crypto, particularly in bitcoin due to its high potential. They also invested money when they start their journey. Later did I knew that there are many activities that will let you earn money in crypto. Then I started to join groups on Facebook and met a lot of people that are into the crypto industry and many of them did not even spend money to invest yet they were already holding some bitcoins and altcoins. This indicates that a determined person can own bitcoin too thru its knowledge and skills.

I would have made a lot of money by now if I had been investing since then as long as I have known about Bitcoin. But the sad thing is that at that time I didn't have any money to invest in bitcoins. I spent time studying when the price of Bitcoin was off the charts. And spent all the money I got from my family at that time towards my studies. But if I had started investing with a small amount then surely my life would have changed a lot by now. However, now is a good time to invest in Bitcoin, so take advantage of the opportunity.

Haha well, this is one of the replies I enjoyed much o this page....  ;D ;D
Self-limiting please explain.. On the side, you are saying that don't force yourself to buy anything because you don't have money (How he is gonna buy it then (except debt)). At the same time, you are talking about sharing how to make money makes you self-limiting How?

Bro if someone is teaching you how to earn from the market then you should pick it up and try it because if it didn't work even if you've got experience and you've lost nothing. "Lear Instead" how as you said it makes you feel self limiting.

Dual-core PC? Mining Bitcoin? You mining it using a Pentium 4 PC?
I'm not a miner, but if you are one of the early adopters of Bitcoin who mined on the early stages of it then you can mine it using that kind of PC, but if you mined it at around 5 years ago, I don't think it's possible to mine using that kind of PC. Please correct me if I'm wrong because I would be happy to be corrected. :)

We've experienced the same.

I just graduated from college 5 years ago, and I find myself jobless for around months. That's the time where I started to learn Bitcoin thru reading here, watching documentaries, and watching different videos on Youtube. Giving myself some of my free time watching and reading every single day really helped me to gain more and more knowledge about crypto. Having no money at all didn't prevent me in learning at that time because I wanted to learn. I wanted to earn yes, and we all are, but instead of earning first, I did gain some knowledge first. I did earn thru bounty campaigns back when I was a newbie, but aside from doing that, I'm also gaining, and gaining knowledge every single day.

You not having any money mustn't be the reason why you will not learn Bitcoin.

All of us regret it, but we haven't noticed it. Everyone of us, if they knew that bitcoin would hit the current price for sure way back in 2010, would have already bought bitcoin and held it for more than 10 years, then they would have gotten rich. I was also studying at that time, but if ever I do have internet that time like how I used the internet today, I'm sure I'll stumble on bitcoin, but the problem is that the old me will be buying it as I really didn't have money that time.

I agree with your opinion, your journey regarding bitcoin is very inspiring to me. But I want to ask, when you were how old were you familiar with bitcoin? did it ever work? and where do you know bitcoin. If you know bitcoin at a time when bitcoin is cheap, if you buy it, you won't get a loss either. Because you can see for yourself the price difference on bitcoin, in the past and at the present time. Because if I could go back to the past, to the time when bitcoin was still cheap, I would force myself to buy it even if I had to ask my parents (but that's just my imagination), because I like to regret it when I remember when I first got to know bitcoin, maybe when I was still in high school, so I didn't think about the long term.

Congratulations on your success in investing in bitcoin.

It can be said that money is a problem for all of us, but the difference is that each person will have a different way of solving problems. Some lazy people refuse to work for money, and always whine about everything. Some people work hard to overcome current difficulties.

Maybe you don't have money right now so you can't invest in bitcoins but you have talent and you use that talent. Maybe you are not starting your bitcoin journey due to lack of money but at that time you should take various education related to bitcoin. But there is much to learn. Many people have enough money but they have zero knowledge about Bitcoin, so when they invest with zero knowledge, they put their financial resources at risk. 

Why would you risk your money unnecessarily?  Rushing on these platforms will never lead to success. Have enough patience. And you bring up another important point that,

"people regardless of their status as unemployed or students should get educated about Bitcoin".
 
Because if you get education, that education will be very useful someday. 

Or I want to say to those who say they don't have money and they can't do anything in life for money, not having money is temporary money will definitely come to you. And when wealth comes to you, you can use this talent to go far with your wealth.

Your activities are good and you learned about bitcoin is appreciable because there are so many individuals who don't give preference to the knowledge but are in rush to make investment in bitcoin. They have to understand the thing that only investment is not the actual thing but using you knowledge and getting profit is the actual way of earning.

I think that if a person does not have much money to invest then finding job is better for earning money and then save a little amount for the purpose of investment so in this case learning and earning both will be easily operated.

You cannot know that, just as you think you would have earned a significant amount of money if you bought bitcoin earlier the opposite could have happened too, and if anything the negative scenario would have had more chances of actually happening, this is because to begin with trading and investing are a zero-sum game in which someone has to lose in order for someone else to win, but another reason is that as you mention your finances were not the best at the time, so even if you had some spare money to invest in bitcoin at the time, any crisis no matter how small and regardless of its nature could have been enough for you to panic and sell your coins.

I would say it depends on the person and the moment. If you have money to invest and it is too late and you buy bitcoin at 68k then you made a mistake. If you do not have money and can't buy it at 68k then that is a good thing because it would have gone down. If you do have money and buy at 16k that is a good thing. But, if you do not have money and can't buy at 16k then that is a very bad thing and missed a chance.

As you can see being able to buy or not be able to buy depends on the price and what you would do. If you were willing to do one but can't things change and depends on the situation. I hope that everyone has money when the price is low, and not have more to invest when it peaks so that you could make a profit.

when someone does not have stable finances. in the sense that the needs are met and there is still some left to allocate to something like an investment. it will be quite difficult. OP is doing what he can, learning with what he wants to grow. whatever his current results, he now had enough knowledge from what he had been working on for years.
I also have a friend, who has enough money to invest in Bitcoin. he's just asking for advice on buying and selling. without knowing anything about Bitcoin development. even when the FTX crash event caused the price to decrease, my friend just panicked and didn't know what was going on.

I like this. Your story really will be motivating to people who had the idea that without money they do not need to know what bitcoin is. Knowledge is very important, and getting knowledge before money comes in will put you in a very god position to make better decisions when the money comes. Also because we are positive that money will come, knowing what to do with that money that we expect is very good, especially before the money comes. Not having money to invest immediately can be good if you take the time to learn first before the money comes. Having money to invest quickly can make you make wrong decisions that you will regret.

Interesting stories and suggestions, and I totally agree that not having money doesn't mean we can't invest, the main key in situations like this is that we can invest in ourselves so that we have understanding and ability to really learn about bitcoin, and indeed it is true that money will come by itself if we already have the ability and understanding.
My own story even though I didn't directly touch bitcoin but it's the same case of not having money to invest, in my travel book I see many people who earn money from Airdrop and I follow their steps, it's not an easy thing because there are so many projects that I participate in many are not eligible and many are scams, until finally I understand what I have to do as an airdropper and get a decent value for money, so I can invest in bitcoin.
Everyone has different situations, conditions and stories in the early stages, but if the reason is not having money we just need to learn and continue to be patient in the stages until the money will come by itself.

I agree that when you do not have any money to invest, it becomes very hard to make any investments. I had a very terrible period in the last month where it will take me many months to recover, but at the very least I know that my income is lower than my spending in normal situations, this is just a special case and when that is over in the future, I will go back to living in a world where my spending will be less than my income and I will be able to invest the excess amount.

This is why people who can't live with their income can't just get smaller spending. It is better to increase the income than decrease the spending, because you can't keep cutting on costs all the time, you need to focus on bigger income if you can.

Skeptical about how the OP mined BTC on a Pentium 4 PC, but keeping that aside, I am happy to know that bitcoin helped them in their journey of life. Getting a job after college is a tough time that every student has to go through with differences in every field, so such times are often depressing and leading to bad habits to form. One good habit that we can all form is bitcoin investment and going through the campaigns that go on here if you have a flair for writing and engaging in discussions. It can become a second source of income and support you.

Keep in mind that methods to earn are always there, but we need to be active and seek them out, Bitcoin is one method to be paid in.

It all depends on how you see it,
Sometimes we just need to look at it at a different perspective and we could embrace it as an opportunity.
Even the saddest and darkest times of our life could be a blessing if we would look at what we learn and how we grow from those times.
So for me it all depends on how you want to see it, just like how OP see the blessing on not having money.

 Is a very smart move for you That you didn't give up on bitcoin despite not having enough money to invest in it is a good sign for you. Your lack of resources forced you to educate yourself on how cryptocurrencies like bitcoin and others operate.
I didn't take bitcoin seriously when I first heard about it, even though I had money to invest. I reasoned that it wasn't likely to make me money, therefore I wouldn't risk it. And other individuals have money and have faith in bitcoin, but they are not well informed about how it operates. My friend advised me to go discover how bitcoin functions before making any investments, so I followed his advice. As a result, I am currently being saved from financial activities.

You own perspective is quite different from the OP's perspective,everybody have what suits them when it comes to crypto and how money is been used in investing.When you start Bitcoin on a zero percent level of income, definitely,that motivation must be there to make as much money as you can,there must be that zeal,which will push you to the height that you want,because you remembering the fact that your financial level is zero,it's what will motivate you.I started same way,on a zero percent level,but I can't say I am up to where I want to be now,but I can't compare myself now to before.i am still pushing,untill I will get to the height I want to reach.

As you have said,  people's perspective varies based on their experience in life. Some one with zero financial backup reasoning is quite different from another with good financial backup. When there is no money, you reason up to know how to make the money in a legit way without the law coming for you. Many people have their level of operation for which they feel is ok and comfortable to.make more money but one thing I have come to realize is that when you have no.money to start up life you are very broad in thinking about making money and I for sure know  at that point, one would need to survive.

So the entire point here is that when one has that desires in them to make money in life they will and when it happens that they have no money on them to Start up and fortunately got one which requires no funds for start up and they have made little money from it, believe me you they would put their efforts in learning more to doing the work very diligently so as to perfect their skills on thee job.

The fact is that only with knowledge you will not be able to pay in the store.
If your goal is only to study bitcoin, then please, but I think most are here for another.
It's noble to be a researcher - I myself, for the sake of interest, set up mining on a very weak laptop to see if I could do it. It is impossible to make a partial deposit without investing. It used to be possible to participate in airdrops and get a few hundred.
Therefore, people are dissatisfied with the fact that they cannot postpone. I have been in BTC since 2016 and have never bought bitcoin for cash.

That’s a really good point of view OP, It is disappointing how newbies are always complaining about everything related to Bitcoin. They be looking for easy ways to earn Bitcoin without any effort and knowledge however, that’s not possible to happen. Bitcoin is not easy to get nowadays. Plus, mining is no longer profitable. In fact, as far as I am concerned to you have to find solutions and opportunities. If you don’t have money to invest and you are financially unstable, try to find a source of income. To be honest, I encourage newbies to develop their skills and knowledge before starting any type of fields, try to take useful  courses and read books. It is really essential to use online resources smartly. Once you achieve these, build a solid portfolio and start doing freelance jobs, the beginning is always tough but with practice and experience you will be definitely able to earn money.

Being a student when I first came to know about Bitcoin, I can surely vouch for what you said, maybe not about the earning part, but the struggle to find the ways that can actually help you earn something, and that struggle was probably the reason how I stumbled upon this forum too which I can totally call a life-changing experience for me.

I remember, I used to claim Bitcoins from free faucets initially and was always in pursuit of finding ways how I can earn and get more since just like OP, I didn't have money to buy it, maybe I couldn't manage to earn a lot of it, but that struggle surely kept be busy and away from all bad habits and bad gatherings that I might get into if it wasn't for this.

Because it is worth investing only in what you are really sure of. I have friends, they are successful businessmen and none of them are interested in bitcoin, they just do not need it because they have successful businesses that they are very well versed in. They earn good money and reinvest part of the profits in their business, this is enough for them to earn good money.

If your friend does not understand what bitcoin is, but just bought it on someone's advice, believe me, he will want to sell it at the first serious correction, which may happen soon.

Your story is an interesting one. And it is obvious that not everyone has the same way they started. Simply by starving your distractions and focusing on your goals you were able to make do with the little you had and have turned into something great. We should have zero tolerance for excuses.
This week, I am going to be sharing your story with some folks who think that because they didn't come from privilege it will be difficult to invest or make it in bitcoin.

Almost everyone is born into this world with their own limitations, some have sufficient money from their parents and sometimes they have to fend for themselves to earn money to facilitate their lives. Then talking about investing with inability will be much more difficult and there are many categories of people who find it difficult to start investing in Bitcoin and we are required to think extra in order to have a gap for a solution.

Using small amounts of money to buy bitcoin feels easier and we only buy when we hold money, instead of trying to think quickly to get money and then buy bitcoin and it will add to the psychological burden. If we want, maybe there are several ways that we can take and most importantly, invest in accordance with the ability to lost.

That is true, everyone has their own personal journey. I never had any money at all before crypto, never even had enough to live, and then after crypto I did so much better, got married, bought a car, and been paying everything with crypto for many years now thanks to having income from it. So all in all the fact that not having money pushed me to figure out a way to make money allowed me to take risks that rich people can't take.

People assume rich people can buy whatever, but if they are careless then they won't be rich for too long, they will become poor after losing too much money. Whereas I could do a lot better which would be a lot easier because I can't get worse, I just spend my time on making more money.