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Bitcoin => Bitcoin Discussion => Topic started by: NomiPk on August 26, 2023, 05:32:53 PM



Title: How was your first Bitcoin experience?
Post by: NomiPk on August 26, 2023, 05:32:53 PM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.


Title: Re: How was your first Bitcoin experience?
Post by: mk4 on August 26, 2023, 06:04:42 PM
It was through collecting my "hard earned" satoshis through the faucet I installed on my cheap Android phone back in the day (it was named something like hotBTC or something? the faucet's logo was a flame); withdrawing those few satoshis to my freshly installed and backed-up Mycelium wallet.

Man, those were the days.


Title: Re: How was your first Bitcoin experience?
Post by: zenaku on August 26, 2023, 06:08:18 PM
I didn't know what to do with my life, one day I woke up with few options (I just left home, I lived alone) I had 500 dollars. I decided to buy 250 via paxful and live my day to day with the rest. A couple of years ago, the experience was good


Title: Re: How was your first Bitcoin experience?
Post by: The Cryptovator on August 26, 2023, 06:52:28 PM
My initial encounter wasn't positive. During the active phase of the revenue-sharing Ponzi scheme, some individuals encouraged me to invest using Bitcoin. Despite my reservations about Bitcoin's volatility initially, I eventually became persuaded. I purchased Bitcoin and invested it in the Ponzi scheme without fully understanding what a Ponzi scheme was, naively assuming they wouldn't turn out to be fraudulent. Sadly, I lost all my Bitcoin as a result. I remained disconnected from the online world for a few months until I comprehended the nature of Ponzi schemes and started advocating against them. Subsequently, I became engaged with a forum and began contributing. Over time, I resumed purchasing Bitcoin and have since become an established Bitcoin investor.


Title: Re: How was your first Bitcoin experience?
Post by: ChiBitCTy on August 26, 2023, 06:52:30 PM
I wish I could remember exactly what my first Bitcoin experience was. I think I first bought these copper coins from the “Anonymous Mint” which had the bitcoin symbol stamped on one side. I liked the coins and bought a couple rolls. That’s when I believe I started to look in to bitcoin and find out what it was all about.

Not too long afterwards I ended up purchasing my first bitcoins. 2014ish range.


Title: Re: How was your first Bitcoin experience?
Post by: OgNasty on August 26, 2023, 06:55:05 PM
My first experience with mining was a good one. I used to love firing up different software and making different adjustments to get you the most possible hashrate. Little things you did on your own made a big difference back then. It was cool. My first transaction experience was great as well. I sold a video game code that came with my GPU for a couple BTC and everything went smooth as silk.


Title: Re: How was your first Bitcoin experience?
Post by: m2017 on August 26, 2023, 06:58:09 PM
My first bitcoin experience ended before it even started. :) What a pity that then I didn't finish the job. Already in the distant past, I first learned about bitcoin, downloaded the electrum and wanted to buy btc, but having neither experience nor knowledge, I changed my mind halfway, deciding that BTC is complete trash. How wrong I was then.

The real first experience of interacting with bitcoin happened later, when I bought quite a bit of btc through the same exchanger aggregator that I now have in my signature. I remember that at that moment it was scary for the first time because of the fear of losing money during the conversion.


Title: Re: How was your first Bitcoin experience?
Post by: ajiz138 on August 26, 2023, 07:27:19 PM
I forgot because it was a long time ago, I reminded myself but my mind's memory didn't get there.  ;D
It's already a matter of history that we got to know bitcoin for the first time, now I will continue to get used to being in the bitcoin circle and so on, everyone starts to know what bitcoin is and understand how to invest there.

Future experiences should not be forgotten and continue to HODL bitcoin until it becomes your full life journey in bitcoin, I believe there is someone who continues to hold bitcoin until the end of his life.


Title: Re: How was your first Bitcoin experience?
Post by: Mr.suevie on August 26, 2023, 07:37:44 PM
I think this thread is somehow similar to the many that is being posted here and on still since am privileged to have the opportunity to highlight my first experience, I think I will share mine well my first experience with bitcoin was one of my friend trying to convince about how lucrative it can be but me being blind folded had a  different thought to his teaching because of the then rapid Ponzi scheme that was everywhere around my locality so I classified it among one of the many


Title: Re: How was your first Bitcoin experience?
Post by: AGogi2003 on August 26, 2023, 07:44:09 PM
My first Bitcoin express was when a friend introduced me to Bitcoin and urged me to invest my money in Bitcoin because I would make a lot of money and wouldn't lose any money, so I did. I also lose 10% of my initial investment. He introduced me to Bitcoin, but he didn't inform me about the risks involved, and I was disappointed with him since he didn't tell me about the disadvantages, only the benefits, so that I could invest money that I could afford to lose. Before one of my friends introduced me to this forum, that I will Lean everything about Bitcoin and others cryptocurrency.


Title: Re: How was your first Bitcoin experience?
Post by: Franctoshi on August 26, 2023, 08:06:36 PM
My first bitcoin experience ended before it even started. :) What a pity that then I didn't finish the job. Already in the distant past, I first learned about bitcoin, downloaded the electrum and wanted to buy btc, but having neither experience nor knowledge, I changed my mind halfway, deciding that BTC is complete trash. How wrong I was then.


I was in the same shoe as you, A lot of us missed the very first opportunity or encounter with Bitcoin due to zero knowledge and no detailed information available then within my area such as the level that it is right now, so then I saw Bitcoin as something that would end soon because of my various experiences with Ponzi scheme trending as at the time when I first knew of Bitcoin in 2017, that made me had this mindset that Bitcoin was not going to last.




Title: Re: How was your first Bitcoin experience?
Post by: Hamza2424 on August 26, 2023, 08:21:54 PM
It was through collecting my "hard earned" satoshis through the faucet I installed on my cheap Android phone back in the day (it was named something like hotBTC or something? the faucet's logo was a flame); withdrawing those few satoshis to my freshly installed and backed-up Mycelium wallet.

Man, those were the days.

Haha, really I was mad about the cloud-mining scam apps and websites. even though I did a lot of invites in the hope of withdrawal, a few of satoshis, I did earn from freebitions named faucet's website. exact domain I can't remind you still, Sir even in those days when you had a smartphone I was doing it all on my old family laptop and Uncle's phone.

Even in the hope of meaning-free BTC, I did a lot of scam Survay filling up forms and stuff like that and finally ended up all I got something real, Now Alhamdullilah I'm happy and I feel pleasure remembering those days.



Title: Re: How was your first Bitcoin experience?
Post by: decodx on August 26, 2023, 08:24:33 PM
I can't recall all the exact details of my first experience with Bitcoin. It wasn't too far back, but I was trying a lot of new things, mainly online trading, back then. The only vivid memory is feeling super anxious while setting up my first electrum wallet and making my first transaction. I stared at the wallet in disbelief for a good chunk of time as I waited for the coins to reach their destination. Fast forward years later, I still cross-check every address when I make transactions, even though I'm doing them almost daily. I suppose it's a good habit, as it's helped me avoid accidentally sending coins to the wrong address.


Title: Re: How was your first Bitcoin experience?
Post by: Y3shot on August 26, 2023, 08:34:24 PM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
I bought my first Bitcoin from a physical bitcoin vendor,  i bought $10 worth of bitcoin just too feel how bitcoin is and how it looks like. It was so exciting to have bitcoin in my wallet, I felt like having something so much precious with me but I couldn't keep it with me. I sold my first Bitcoin because of fear for volatility because I was new to it, no experience to give me comfort over the market. My first experience having bitcoin in a wallet was joyous.


Title: Re: How was your first Bitcoin experience?
Post by: nakamura12 on August 26, 2023, 08:40:41 PM
My first experience in Bitcoin is when I joined bounty before and luckily the project is legit and I earn money from it which is what I use to buy Bitcoin and ethereum at that time. I also tried freebitco.in at that time but I didn't spend enough time to be able to reach required amount of Satoshi before I can withdraw the Bitcoin. I was a noob at that time when the price of Bitcoin at that time is around $3k which I the total of Satoshi I woukd have would be a decent amount.


Title: Re: How was your first Bitcoin experience?
Post by: DoublerHunter on August 26, 2023, 08:45:22 PM
I forgot because it was a long time ago, I reminded myself but my mind's memory didn't get there.  ;D
It's already a matter of history that we got to know bitcoin for the first time, now I will continue to get used to being in the bitcoin circle and so on, everyone starts to know what bitcoin is and understand how to invest there.

Future experiences should not be forgotten and continue to HODL bitcoin until it becomes your full life journey in bitcoin, I believe there is someone who continues to hold bitcoin until the end of his life.
^ We have the same experience and it is fascinating how time can sometimes blur our memories, especially when it comes to experiences from a while back. You are definitely right that BTC's journey from being a novel concept to becoming famous or very well-known is a remarkable part of its history. The concept of HODLing has indeed become synonymous with BTC, reflecting a long-term investment approach and faith in its potential. From time to time on BTC history it is captivating to consider the possibility of someone carrying their passion for BTC throughout their entire lifetime. As far as I remember I owned BTC before through airdrop or collecting faucets because before I was afraid of getting hacked when purchasing BTC.


Title: Re: How was your first Bitcoin experience?
Post by: worle1bm on August 26, 2023, 11:29:25 PM
I actually came across the term back few years but didn't pay attention to it but when I realized what I have missed it was little late for me to accumulate more at that time so would say experience was good but missed an opportunity in the other sense but still good with it.


Title: Re: How was your first Bitcoin experience?
Post by: EFS on August 26, 2023, 11:41:48 PM
I don't really remember the details of my first experience. It was something like that: In the early days I heard it and wanted to use it to buy something from outside of the country and that looked like the best choice to pay back then. I searched how to buy Bitcoin first to do the transaction and found a newly opened local exchange. In the end I bought Bitcoin but didn't buy the good originally I was about to buy.


Title: Re: How was your first Bitcoin experience?
Post by: Ultegra134 on August 26, 2023, 11:44:28 PM
It was through collecting my "hard earned" satoshis through the faucet I installed on my cheap Android phone back in the day (it was named something like hotBTC or something? the faucet's logo was a flame); withdrawing those few satoshis to my freshly installed and backed-up Mycelium wallet.

Man, those were the days.
Good ol'days. I started by reading a random article on the internet, then created my first wallet on Blockchain.com and started messing with faucets. Back then, there were so many faucets that your mind couldn't perceive them. I remember countless lists of some kind of provider, of which I can't remember their names, who were acting like middlemen. Multiple faucets paid directly to them, and after accumulating a decent amount, you could go ahead and withdraw it to your actual wallet. I'm pretty sure that in the hypothetical scenario of these middlemen still existing today, I'd have decent amounts of BTC abandoned in them. Then there was the Xapo wallet, which had its own list of faucets that paid directly to their wallet.

Oh man, I wish I could go back in time, not just for the BTC but to relive being young and carefree.


Title: Re: How was your first Bitcoin experience?
Post by: spectre71 on August 27, 2023, 12:15:50 AM
Well that red head at the end of the bar.... oh oh oh bitcoin

started on blockfi until they went tits up, ledger/live now. but for invest trading stuff Fidelity, too easy


Title: Re: How was your first Bitcoin experience?
Post by: xSkylarx on August 27, 2023, 12:22:41 AM
Faucets and HYIPs are really your first dose of Bitcoin. I'm not sure if it's the same with me, but I tend to go to faucet sites daily just to earn some sats in them. I know it is really time-consuming and just wasting my time, but that is the only way I've known to earn Bitcoin, and again, HYIP, which again got persuaded by someone to invest in it as it is passive income and you are just not doing anything and you'll be doubling your money, though it is a scam that I ended up losing my Bitcoins too.


Title: Re: How was your first Bitcoin experience?
Post by: Wend on August 27, 2023, 12:44:52 AM
Faucets and HYIPs are really your first dose of Bitcoin. I'm not sure if it's the same with me, but I tend to go to faucet sites daily just to earn some sats in them. I know it is really time-consuming and just wasting my time, but that is the only way I've known to earn Bitcoin, and again, HYIP, which again got persuaded by someone to invest in it as it is passive income and you are just not doing anything and you'll be doubling your money, though it is a scam that I ended up losing my Bitcoins too.

Maybe I have the same experience as you, faucet and HYIP were the first things that helped me get started with bitcoin, and the result was similar to you, I lost a lot of money on HYIP. However, I think those who entered the market early from 2015, 2016 will not be able to avoid losses from HYIP because it is like the main earning trend at that time. Although I lost quite a bit, it was quite an enjoyable experience and I have no regrets.


Title: Re: How was your first Bitcoin experience?
Post by: komisariatku on August 27, 2023, 03:25:35 AM
It was through collecting my "hard earned" satoshis through the faucet I installed on my cheap Android phone back in the day (it was named something like hotBTC or something? the faucet's logo was a flame); withdrawing those few satoshis to my freshly installed and backed-up Mycelium wallet.

Man, those were the days.

Lol.... Cool experience guys, I still remember how the first time I used hotBTC and freebitco. Collecting satoshi little by little in the hope of getting rich off the street collecting bitcoins from the faucet site. Maybe if I didn't know this forum, I could still be there and take a little bit of sathosi every hour.  ;D

Besides using faucets to get satoshi, I'm also looking for cloud mining sites that provide free hashrate. At that time I found quite a lot of sites that provide free hashrate.

The good news, none of the activities above can make me withdraw bitcoins to my wallet. It was a waste of time, but it was a great experience and made me know bitcoin even more


Title: Re: How was your first Bitcoin experience?
Post by: lovesmayfamilis on August 27, 2023, 10:51:59 AM
I first received some BTC here on the forum from a subscription company. I didn't mean to participate in it for a long time because I did not know what wallets I should work with. My knowledge was not enough, but thanks to a user from our forum (I am very grateful to him), he was able to explain everything to me in a very accessible way, and I created a wallet. But soon another unplanned event happened, and I was forced to leave the forum for a while, which prompted me to spend the amount that I managed to get here. I just poured everything into online purchases; it’s trite, but after a while, Bitcoin went up, and then I was convinced from my own experience that you should be more careful about when and at what time to spend Bitcoin.


Title: Re: How was your first Bitcoin experience?
Post by: Peanutswar on August 27, 2023, 12:37:08 PM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.

One of my unforgettable moment in investing with the bitcoin is I just made a 20$ investment and continuously growing because that's the bullrun and makes a huge profit of almost 1k$ USD of course not only through that investment but also joining into different projects included with the NFT of art and play to earn, by that investment gives me a lot of things I need to know with the bitcoin and still continuously learning whats can be benefit of it to me.


Title: Re: How was your first Bitcoin experience?
Post by: Hispo on August 27, 2023, 12:45:26 PM
My first Bitcoin experience was a few years ago when I made drawings to people on the internet and asked for Amazon gift cards in return, as a payment method. I started to investigate about Bitcoin and how its decentralized system could help me to manage payments in a more comfortable way without having to depend on a third party.

So I decided to give it a chance, I used blockchain dot com wallet as a my first option and in a week I received my first payment there, since one of my clients was into crypto before I did. That so far was by first experience receiving satoshis.

My first experience spending satoshis was when I tried bitrefill to buy credit for my father's phone. It took a relatively long time, since I did not know how to manage fees efficiently back then.



Title: Re: How was your first Bitcoin experience?
Post by: Dr.Bitcoin_Strange on August 27, 2023, 12:58:20 PM
When I first heard about cryptocurrency generally, I was very sceptical about it, but after a cryptocurrency seminar I attended in college, I began to develop an interest in Bitcoin because I was really made to understand the relevance of Bitcoin in that seminar, so I had to learn some things on my own. Later, around the end of the year 2019, I invested in Bitcoin, and I bet I did not regret learning about Bitcoin or even investing in Bitcoin because I was so lucky that I invested in Bitcoin around the end of 2019 and still towards the end of 2020, when the market became so bullish, which was the first bull run I really experienced, and I made some good profit on my investment.


Title: Re: How was your first Bitcoin experience?
Post by: hitsnorth on August 27, 2023, 01:08:42 PM
Well, I bought it. I felt good. I bought some more immediately. And started DCAing since then.


Title: Re: How was your first Bitcoin experience?
Post by: TobeyHolo on August 27, 2023, 01:09:12 PM
My first experience was when a friend from overseas wanted to send me money but we couldn't facilitate the conversion. Instead, he suggested bitcoin which I accepted on Bittrex. At the time it was one of the biggest exchanges along with Binance. Funny how Bittrex has gone under now and it's been several years later!

 ;D


Title: Re: How was your first Bitcoin experience?
Post by: Gencecikmen on August 27, 2023, 03:56:29 PM
I wish I could remember exactly what my first Bitcoin experience was.  I was constantly hearing stories about bitcoin. These stories were about losing money. I wanted to do something with Bitcoin. But I remember  was scary for because of the fear of losing money. Then a friend of mine told me about the forum. Thanks to the forum, I learned about bitcoin.


Title: Re: How was your first Bitcoin experience?
Post by: Eternad on August 27, 2023, 04:01:27 PM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.

I clearly remember that I purchased my first Bitcoin on coins.ph app using my savings during my college days just to be scam on local hyip on one facebook group that promise 10% return daily because the owner has a method to win continuously on primedice using some script.

I was so naive that time. I still never forget the first time I got scam because that’s my whole savings since I went to college that I’m planning to use on purchasing my desktop.


Title: Re: How was your first Bitcoin experience?
Post by: isaac_clarke22 on August 27, 2023, 04:07:34 PM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
Well everyone can almost vaguely remember how they started just like you, OP. I can also vaguely remember how I started but can remember the important parts of adopting Bitcoin in my hobby as well as my usual lifestyle (well not technically like doing it everyday).

I can remember buying my first coin through Coins PH which is a localized app here in my country to be able to buy Bitcoin. It still doesn't support other non-Bitcoin coins. That's why I do have to create another instance of a wallet for non-Bitcoin coins specifically MyEtherWallet.

I wish I could remember exactly what my first Bitcoin experience was.  I was constantly hearing stories about bitcoin. These stories were about losing money. I wanted to do something with Bitcoin. But I remember  was scary for because of the fear of losing money. Then a friend of mine told me about the forum. Thanks to the forum, I learned about bitcoin.
Everyone has fear of losing money. It's just part of us being careful in regards of our money. The only thing that reduces it is the research we made.


Title: Re: How was your first Bitcoin experience?
Post by: Ale88 on August 27, 2023, 04:41:12 PM
It was a little random: it was on a forum that had nothing to do with bitcoin or finance but somehow someone mentioned bitcoin and he received several private messages because people became curious, I think I wrote him a PM as well, and since he got several messages he decided to start a new thread about bitcoin explaining a little what it was, where and how he was buying, etc etc. I remember that before that I already read online about bitcoin but I never actually paid any attention, unfortunately.


Title: Re: How was your first Bitcoin experience?
Post by: leonair on August 27, 2023, 04:41:51 PM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
Investing when the price of Bitcoin was low, but then having to sell it later. because there was not enough money to meet the daily expenses. although back then some profit could be made by trading bitcoins. It was very nice then, but now if I remember the words of that day, I feel only regret. My first Bitcoin experience wasn't bad because I didn't lose through Bitcoin that time.  But considering the current state of Bitcoin, the gains at that time were negligible.


Title: Re: How was your first Bitcoin experience?
Post by: sokani on August 27, 2023, 04:51:57 PM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
My first interaction with Bitcoin was not so cool. I was this naive dude that was looking for a way to make money, a friend introduced me to a pyramid scheme and bitcoin was used as medium of payment, so I bought some bitcoin and subscribed to it. Then, I didn't know that pyramid scheme was a fraud and I lost my investment. I felt really bad that I didn't want to hear about or have anything to do with pyramid scheme and bitcoin because I thought they are all the same. It took me so time and some research to differentiate both of them. When it became glaring what Bitcoin is, I bought another bag and I've been buying any opportunity I get.


Title: Re: How was your first Bitcoin experience?
Post by: GeorgeJohn on August 27, 2023, 09:27:44 PM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
I don't think I can flash back of how my first cryptocurrency investment was, but I could remember vividly concerning bitcoin, before I started investing in bitcoin I have already seen bitcoin online and already noticed how bitcoin was through online so when I purchased bitcoin I was not bothered over bitcoin investment because I have already know the implications


Title: Re: How was your first Bitcoin experience?
Post by: neatgye on August 28, 2023, 06:42:00 AM
My Bitcoin experience has been LOSS, LOSS and LOSS.
I even wrote about it here https://how2havefun.com/pakistan-news/bitcoins-pakistan


Title: Re: How was your first Bitcoin experience?
Post by: Ricardo11 on September 03, 2023, 05:58:59 AM
I was first introduced to Bitcoin by my distant cousin's older brother. This is the first time I heard about Bitcoin from him. He gave me details about Bitcoin. He did not hide anything from me.He explained both the pros and cons of investing in Bitcoin.

 My first Bitcoin experience started well Good, I was able to make 25% more than the money I first invested in Bitcoin.


Title: Re: How was your first Bitcoin experience?
Post by: fruktik on September 03, 2023, 06:25:07 AM
Maybe I have the same experience as you, faucet and HYIP were the first things that helped me get started with bitcoin, and the result was similar to you, I lost a lot of money on HYIP. However, I think those who entered the market early from 2015, 2016 will not be able to avoid losses from HYIP because it is like the main earning trend at that time. Although I lost quite a bit, it was quite an enjoyable experience and I have no regrets.
Not the most promising option for obtaining cryptocurrency. It's just a waste of time and nothing more. I personally tried to collect Satoshi in this way for several days and came to the conclusion that this is a terrible way.
I also had experience with investment HYIPs. You can earn something, but a very risky method. You will lose much more than you will gain. We need to look for other approaches to this issue.


Title: Re: How was your first Bitcoin experience?
Post by: xSkylarx on September 03, 2023, 07:01:31 AM
We do have unique experiences with one another because my first Bitcoin experience was earning it via faucets, which I could say I am patient enough to claim on an hourly basis, and my next exposure really was HYIPs, and guess what? I got scammed, again blindly looking only at the profit or earning that I would get. But mostly for sure for us, they bought it or earned it via faucets.


Title: Re: How was your first Bitcoin experience?
Post by: TheUltraElite on September 03, 2023, 10:23:22 AM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
At that time I had multibitHD wallet (defunct now) and used to collect coins from different faucets from the deepest parts of the internet. That and attempting to get 100x on primedice using the faucet balance of 200sats/dispense. Eventually decides to join this forum and take part in the discussions and then signature campaigns become a weekly source of bitcoins for me along with the faucets.

We all know how faucets went down after that but I am glad to have learnt about bitcoin and wish to learn more and use it more often.


Title: Re: How was your first Bitcoin experience?
Post by: dothebeats on September 03, 2023, 11:22:04 AM
It was confusing, to say the least. It was all new to me, cryptocurrency in general, so I'm not sure what I should and shouldn't be doing. It was a whole new world/system that I had to learn from scratch and it was pressuring in a way cause there's money at stake. I am knowledgable in technology and I spend hours upon hours of time on the internet, but cryptocurrency and Bitcoin were something I was so clueless about, at least how the system is and how investment goes. I had to learn from others' experience and my own, I had to face loses and gains, but with how it is contributing to my life now I'd say it is pretty much worth it to feel that clueless that time.


Title: Re: How was your first Bitcoin experience?
Post by: icalical on September 03, 2023, 12:42:01 PM
My first encounter with Bitcoin and this forum was kinda embarrassing, some of members in this forum might now a ponzi scam project called Bitconnect, one of my relative joined this cult --before it turns into scam definitely-- and they try to promote it to me. I know it was too good to be true, and then I do some research on it, then I found about Crypto, Bitcoin and then this forum. I actually mistaken Bitconnect and Bitcoin the first time, I thought both are the same.


Title: Re: How was your first Bitcoin experience?
Post by: gabbie2010 on September 03, 2023, 12:57:38 PM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
It was indeed an experience I would never forget in a hurry, I still remembered that first experience with nostalgia, recall when I started filling capther for mrai which is then exchanged for Satoshi and paid to my Blockchain.info wallet, it was a daily paid task the more the task the more Satoshi you will earn thus a time consuming task, however I was very excited after opening my wallet and sent my btc address for onward payment of my task dues, the first time I logged in to wallet and saw some Satoshi on my wallet it an incredible experience basically because I learnt how to open a new wallet, how  to transact with it and other related stuffs myself through the internet which was a real practical test and experience to me.


Title: Re: How was your first Bitcoin experience?
Post by: fuguebtc on September 03, 2023, 02:39:28 PM
My first encounter with Bitcoin and this forum was kinda embarrassing, some of members in this forum might now a ponzi scam project called Bitconnect, one of my relative joined this cult --before it turns into scam definitely-- and they try to promote it to me. I know it was too good to be true, and then I do some research on it, then I found about Crypto, Bitcoin and then this forum. I actually mistaken Bitconnect and Bitcoin the first time, I thought both are the same.

That's nothing to be ashamed of, I was also someone who knew about bitcoin through investing in bitcoinnect, which was a big project at the time. One thing we need to know is that ponzi projects or HYIP investments were very popular at that time so it was inevitable that we would be drawn into those scam projects. Those are just experiences for our investment journey, nothing to be ashamed of. I also believe that not only you and me but almost everyone will participate because then no one doesn't want to make a profit.


Title: Re: How was your first Bitcoin experience?
Post by: SamReomo on September 03, 2023, 03:00:46 PM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.

My first Bitcoin experience started in 2016 when I joined this forum. I basically learned about Bitcoin from this forum and during 2016-2017 I explored about Bitcoin in depth and found that the currency is something special and is totally different from fiat currencies. In the initial days I was also not aware of Bitcoin wallets and in those days I lost some money when I lost the private key of my wallet. But, in 2017 I learned enough about Bitcoin and I started using it for trading purpose mostly in those days.

I have bought some digital goods with Bitcoin and the experience was truly awesome. I must say that throughout 2017-2018 I spent my bitcoin to buy digital coupons from this forum.  During 2018 to 2020 I reduced my trading activates and Bitcoin related activities because I had a hard phase during those days. But, in 2020's last quarter and in 2021 I restarted my trading activates once again and started giving most of my time to Bitcoin related activities again. I'm very thankful to this forum and the members of this forum because I have learnt about Bitcoin mostly from this forum and I must say that this forum is the best resource for the ones who want to learn about Bitcoin.


Title: Re: How was your first Bitcoin experience?
Post by: kryptqnick on September 03, 2023, 03:06:36 PM
It's hard to remember the exact things, but I remember that I didn't fall a victim or a crypto exchange crash or a scam in the early days with Bitcoin, even though I was quite ignorant of the risks and the scope. I just got lucky. I think my first BTC was through some signature campaign a lot time ago, and then I sold BTC for local fiat, and used it probably on something very basic like groceries. To me, Bitcoin was money, not an investment, so I used it as money. I don't regret it, and I think that, at that time, it made sense. I was impressed that something purely digital and not issued by an authority could be exchanged for fiat, could hold real value. And I thought that hundreds of dollars per coin was a very high price  :D


Title: Re: How was your first Bitcoin experience?
Post by: Yatsan on September 03, 2023, 06:31:09 PM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
It all started in this forum although I have read articles about this technology earlier than I got here. Bounties, faucets, & Airdrops. Since I was still a student that time, this industry really helped me financially to support my studies and daily expenses which also pushed me to explore more of this technology.
My first encounter with Bitcoin and this forum was kinda embarrassing, some of members in this forum might now a ponzi scam project called Bitconnect, one of my relative joined this cult --before it turns into scam definitely-- and they try to promote it to me. I know it was too good to be true, and then I do some research on it, then I found about Crypto, Bitcoin and then this forum. I actually mistaken Bitconnect and Bitcoin the first time, I thought both are the same.

That's nothing to be ashamed of, I was also someone who knew about bitcoin through investing in bitcoinnect, which was a big project at the time. One thing we need to know is that ponzi projects or HYIP investments were very popular at that time so it was inevitable that we would be drawn into those scam projects. Those are just experiences for our investment journey, nothing to be ashamed of. I also believe that not only you and me but almost everyone will participate because then no one doesn't want to make a profit.
You'd only know that a project is fraud or scam once it get down to its motive but first they will need to establish the trust from their audience, and I think it is just a normal response to be hooked into it. There's infinity of tendencies for us to be fooled in this industry given that almost everything is with anonymity. Some had a good start and ofcourse some are not having the same start up.


Title: Re: How was your first Bitcoin experience?
Post by: SamReomo on September 03, 2023, 07:08:21 PM
My first encounter with Bitcoin and this forum was kinda embarrassing, some of members in this forum might now a ponzi scam project called Bitconnect, one of my relative joined this cult --before it turns into scam definitely-- and they try to promote it to me. I know it was too good to be true, and then I do some research on it, then I found about Crypto, Bitcoin and then this forum. I actually mistaken Bitconnect and Bitcoin the first time, I thought both are the same.
That's nothing to be ashamed of, I was also someone who knew about bitcoin through investing in bitcoinnect, which was a big project at the time. One thing we need to know is that ponzi projects or HYIP investments were very popular at that time so it was inevitable that we would be drawn into those scam projects. Those are just experiences for our investment journey, nothing to be ashamed of. I also believe that not only you and me but almost everyone will participate because then no one doesn't want to make a profit.
You'd only know that a project is fraud or scam once it get down to its motive but first they will need to establish the trust from their audience, and I think it is just a normal response to be hooked into it. There's infinity of tendencies for us to be fooled in this industry given that almost everything is with anonymity. Some had a good start and ofcourse some are not having the same start up.

Yeah, you have said the truth. It's not the fault of the users who are promoting a service because the users aren't aware of the future and that's why they aren't responsible when a service turns out as a fraud. The scam sites and fraud platforms often try their best to gain trust of the users in first stage and when they grab enough users and a lot of money from those users then they often create a false excuse and run away with the money of those users. The users who promoted those platforms doesn't have the ability to see the future and that's why they're not responsible even if a platform or service turns into a fraud. 


Title: Re: How was your first Bitcoin experience?
Post by: tjtonmoy on September 03, 2023, 07:11:04 PM
A guy introduced me to Bitcoin. Well not particularly Bitcoin but cryptocurrency. I had a misunderstanding back in the day that just because the price of a Bitcoin is so high, making any transactions will cost me more fees than other altcoins. So I stick to the Binance smart chain, tron chain, and polygon. I avoided Ethereum too. Then the more I learn about Bitcoin, the more I get to know it. So slowly my whole understanding about crypto currency changed. I moved towards Bitcoin and now I entirely avoid altcoins.

So that was my first experience with Bitcoin. Nowadays, if I ever get any other crypto except for Bitcoin, I convert them to Bitcoin and HODL. Life is going great.


Title: Re: How was your first Bitcoin experience?
Post by: ScamViruS on September 03, 2023, 07:32:36 PM
My friend had a group to learn about Bitcoin and I started learning about Bitcoin by being active in that group. And that time I got to know some other members and bought some bitcoins for a few dollars because I couldn't afford to buy more at that time. At that time I didn't know much about Bitcoin and I didn't know much about the future potential of Bitcoin, so I used that Bitcoin to buy various altcoins and at one point I lost all my Bitcoins, Because those altcoins were scammed me and left the market. After all this I learned to think again and know what Bitcoin really is. As a result I am now a happy Bitcoin investor.


Title: Re: How was your first Bitcoin experience?
Post by: salad daging on September 03, 2023, 07:49:54 PM
Actually, I had forgotten about this because I was reminded again and it turned out that it started from a friend when I was in a hangout if I'm not mistaken. :D

It wasn't so special the first time I heard it, but now it might be different.  ;D

You can also check out this interview about their first journey in bitcoin. [Interviews] with Bitcointalk members (https://bitcointalk.org/index.php?topic=5262967.0)


Title: Re: How was your first Bitcoin experience?
Post by: Mame89 on September 03, 2023, 08:02:36 PM
I first got to know bitcoin in 2016 if I'm not mistaken and the price at that time was still cheap, but too expensive for me who was just a daily laborer. But curious, try searching on Google (how to make money from the internet) lots of leads to Mining, Faucet, HYIP, Pay click, and of course zonk all because no, I can't make a withdrawal. And once I fell into Ponzi that I was disappointed to learn about Bitcoin.

However, my curiosity was high, I kept looking for more, finally I got to know the airdrop group, at the beginning of registering a Coin account (the current IDO cake model) I was even more curious, I tried to dive into it. and I got a little but it was very big for me because it was equivalent to a day's coolie, the biggest airdrop result at that time was 0.005 BTC if I'm not mistaken, this was from the coins that I converted to BTC. Gradually I continued to find out about bitcoin, finally I found this forum. And in this forum I just learned in detail about Bitcoin as a whole. From the results of the Airdrop I converted it into bitcoin, until now I am still collecting bitcoin little by little and holding it until the target we want to achieve is achieved. Of course there are many ups and downs in getting to know Bitcoin, maybe now people can get to know Bitcoin easily because the information they get is easy.


Title: Re: How was your first Bitcoin experience?
Post by: JohnBitCo on September 04, 2023, 02:59:29 PM
I can't recall all the exact details of my first experience with Bitcoin. It wasn't too far back, but I was trying a lot of new things, mainly online trading, back then. The only vivid memory is feeling super anxious while setting up my first electrum wallet and making my first transaction. I stared at the wallet in disbelief for a good chunk of time as I waited for the coins to reach their destination. Fast forward years later, I still cross-check every address when I make transactions, even though I'm doing them almost daily. I suppose it's a good habit, as it's helped me avoid accidentally sending coins to the wrong address.


Same brother, I also can't recall my first experience of Bitcoin. But, I know that my first experience is good, not too bad. But exactly, I forget but it was good. I know that I make profit not too much. But, I forget the amount.

The best thing is that i adopted bitcoin  :)



Title: Re: How was your first Bitcoin experience?
Post by: Lorence.xD on September 04, 2023, 03:47:34 PM
My first encounter with Bitcoin and this forum was kinda embarrassing, some of members in this forum might now a ponzi scam project called Bitconnect, one of my relative joined this cult --before it turns into scam definitely-- and they try to promote it to me. I know it was too good to be true, and then I do some research on it, then I found about Crypto, Bitcoin and then this forum. I actually mistaken Bitconnect and Bitcoin the first time, I thought both are the same.

That's actually fine, I mean we all trying out and exploring thing we are curious about. I've actually heard it before as well I can't remember the years but there was a lot of meme about it due to people know it was a ponzi scam and the way they promote it just hilarious, even Youtuber use that Bitconnect as their connect that's why it's a hit. I don't know if its a good thing that it gives people the idea of what is Bitcoin but the fact that they manipulated newbies and scammed them it's literally the downside. There's no bad thing if you've been confused between the two at least you've done your research after knowing that Bitcoinnect was a scam cause some would literally quit being involved in crypto after knowing such thing.


Title: Re: How was your first Bitcoin experience?
Post by: michellee on September 04, 2023, 04:25:49 PM
It was a pleasant experience getting acquainted with Bitcoin. One of them is that I play with the faucet because at that time, getting satoshi from the faucet was the fastest way to get fees for free. You only need a Bitcoin wallet, enter the wallet address into the faucet and immediately get the satoshi. You can come back to playing after 5 minutes, 10 minutes, 30 minutes, even 1 hour later.

In a day, you can collect many satoshis and get them from many faucets. From there, I started selling and buying Bitcoin or what we know by trading. And it continues until the satoshi from the faucet decreases so much that people now think it is a waste of time.

It will be a pleasant memory for us, people who have used faucets or other ways to get every satoshi. But unfortunately, we can't expect a lot of rewards from the faucet because the rewards have decreased.


Title: Re: How was your first Bitcoin experience?
Post by: Bd officer on September 04, 2023, 04:51:39 PM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
When I came to know about Bitcoin through one of my friends. Then my interest to invest in Bitcoin increased. But at that time I was studying, I didn't have any money to invest in Bitcoin, I saved money from tuition and invested in Bitcoin.


Title: Re: How was your first Bitcoin experience?
Post by: qwertyup23 on September 04, 2023, 05:52:40 PM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.

I started last June 2017 and ever since, I have been a BTC investor.

I remember during those days, my friend introduced me to BTC as he said that he wanted to share the wonders of doing campaign signature. When I quickly realized that BTC is more than these campaign signatures, I read and understood several posts where it explained the fundamentals of cryptocurrencies.

From there, everything went smoothly until to this current time where I am still advocating about investing in a early time to maximize its potential.


Title: Re: How was your first Bitcoin experience?
Post by: serjent05 on September 04, 2023, 09:46:31 PM
My first Bitcoin experience was the same as others, collecting satoshi on a faucet but the sad part is, I never got to withdraw them, instead I ended up buying BTC myself through the coins.ph portal and start investing it on altcoins and some mining hashes sold by CEX.IO, while participating in airdrop in this forum.  It was a good experience since it was the first time in my life to do trading online and doing transactions in buying mining hashes.


Title: Re: How was your first Bitcoin experience?
Post by: AHOYBRAUSE on September 04, 2023, 10:35:01 PM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.

Can't complain, super smooth.
8 years ago got paid in btc for a service, payment went through without any problem, even though I din't understand a lick of it at the time. No clue about confirmations and so on.

When I told them it was also super smooth. First transaction was with a stranger, he paid in advance. 2nd time when I told the btc I made a p2p transaction, also good.

Only problem, as mentioned before by me, I told way to fast, haha. I thought 50% gain ( it went from 100$ to 150$ ) was a great opportunity. Man was I wrong about that!


Title: Re: How was your first Bitcoin experience?
Post by: GbitG on September 06, 2023, 09:06:21 AM
My first experience with Bitcoin was blind trust. I had no idea how valuable Bitcoin would be in the future. I remember when my brother told me about Bitcoin in 2017. I searched the internet and gained some knowledge about Bitcoin as soon as I became interested in it. Early on, I collected Satoshi from some faucet sites (his name is FreeBitcoin.in (https://freebitco.in/signup/?op=s)) as well as saved my pocket money, which was given to me for school. I collected it in the same way, bought Bitcoin on it from a local person in my city, and later started trading by making deposits on the exchange. And also learned technical analysis with the help of some YouTubers. I was able to do my own analysis and start investing in altcoins in addition to bitcoins. Gradually collected some profit and got out on the side. I lost a lot, but I did not lose heart, and today, thanks to the grace of Allah (God), I have a portfolio of millions of dollars.


Title: Re: How was your first Bitcoin experience?
Post by: Bitcoin_people on September 06, 2023, 09:41:55 AM
My first Bitcoin experience was good, but I didn't invest in Bitcoin then. When I first got involved with Bitcoin the price of Bitcoin was very low but I had no money to invest so my experience was bad. But I didn't have the experience of not being able to buy Bitcoin with the amount of money that was available at that time, which is why I didn't invest for a long time. But when I got experience I invested in Bitcoin and made some profit from it. And I think if I had that first experience and invested in Bitcoin, maybe I could dream of becoming a big man today. However, since we were new at that time, we did not acquire such good knowledge and skills, but we will be able to use such experience in Bitcoin in the future.


Title: Re: How was your first Bitcoin experience?
Post by: bayu7adi on September 06, 2023, 03:21:43 PM
I became acquainted with Bitcoin in 2014 and attempted to acquire it through faucets. I played around with faucets for a few months, but unfortunately, I forgot where I stored them because the amounts were minuscule.

Then, in 2017, I made my first purchase of Bitcoin and stored it in my online wallet, specifically the Blockchain.com Wallet (although I no longer use a wallet from Blockchain.com due to recommendations from friends in this forum).

I bought Bitcoin using the proceeds from participating in several altcoin bounties, and this purchase was entirely based on the crypto community's advice in my country, which advocated holding Bitcoin over altcoins. Thus, I decided to acquire BTC and began learning the basics of security. All of my lessons came from this forum as well, including the use of the Electrum wallet, which was widely recommended by users here.


Title: Re: How was your first Bitcoin experience?
Post by: Juse14 on September 06, 2023, 04:52:25 PM
I was one of the people who got bitcoin from sending out referral invitations, and at that time the Point Blank game was quite popular so I wanted to get it and exchange it for game vouchers, to be honest in 2011 and 2012 bitcoin had no value, and I thought that day Bitcoin is like diamonds in general in the game world as a means of exchange for getting items, and never thought that Bitcoin was a currency or a place to invest, I still clearly remember that I could only collect 13 Bitcoin coins, but at that time it was still worthless. so i let it be.

After some time I moved from the city area to the village which did not have much internet access and computer rental, I had to go to the city if I wanted to play PB, but I couldn't because I still didn't care because at that time and I was still in high school and also no longer in touch with economic problems or anything related to bitcoin information because I don't have a cellphone.
In 2015 I heard that the bitcoin price had soared and it had exceeded $200, I remembered my bitcoin, but after checking, the bitcoin in my account wasn't there, I don't know where it went, that was the first experience of getting to know bitcoin which made me quite annoyed to this day. lol :'(


Title: Re: How was your first Bitcoin experience?
Post by: JoyMarsha on September 06, 2023, 10:10:44 PM
I can't say much about how I got my first bitcoin experience, all I can say and remember is that my first bitcoin experience started from this forum and it was through the signature campaign I joined last year. It happened that I was paid $20 worth of bitcoin and $20 worth of the project token I was promoting at that time as a full member.

Looking back on that time till now with how long I have gone with my accumulation of bitcoin, makes me feel more alive because bitcoin investments have given me a good reason to put a smile on my face each passing day. No regrets made


Title: Re: How was your first Bitcoin experience?
Post by: jeraldskie11 on September 06, 2023, 10:57:40 PM
It's been quite some time since I earned my first Bitcoin. It's the result of my efforts in crypto, as well as here on Bitcointalk. Around 2017, I invested my Bitcoin into a specific currency because I believe it will be successful in the long run. The idea was really promising, and I conducted some research, but sadly, the project turned out to be a fraud. That was the first and last time of having Bitcoin. I learned a lot from it, and I'm still hope to return there soon.


Title: Re: How was your first Bitcoin experience?
Post by: libert19 on September 07, 2023, 05:33:07 AM
I have vague memories. I think I came across Bitcoin word for first time back in 2011/'12 from an Indian forum called ethicalhavoc. Then there is blank, and now I remember doing IPL sports betting on directbet and loving it, have fond memory BTC having price of $150, Dash and LTC hovering around couple USD. Dunno how I got funds to fund these bets ;D





Title: Re: How was your first Bitcoin experience?
Post by: fruktik on September 07, 2023, 05:41:01 AM
A guy introduced me to Bitcoin. Well not particularly Bitcoin but cryptocurrency. I had a misunderstanding back in the day that just because the price of a Bitcoin is so high, making any transactions will cost me more fees than other altcoins. So I stick to the Binance smart chain, tron chain, and polygon. I avoided Ethereum too. Then the more I learn about Bitcoin, the more I get to know it. So slowly my whole understanding about crypto currency changed. I moved towards Bitcoin and now I entirely avoid altcoins.

So that was my first experience with Bitcoin. Nowadays, if I ever get any other crypto except for Bitcoin, I convert them to Bitcoin and HODL. Life is going great.
There was another person who avoids the Buterin project. You are doing everything right. There is nothing to contact him. Let him continue to go about his business and not climb into the crypto world.
He himself decided that investing in Bitcoin is the most reasonable idea. I don’t even remember when I first learned about the crypt. I also remember when Bitcoin cost only a few hundred dollars. How long ago was that?)
For some reason, I did not pay much attention to this direction for many years. But everything changed when the price went up sharply. This is where my adventure began.


Title: Re: How was your first Bitcoin experience?
Post by: bitterguy28 on September 07, 2023, 06:20:01 AM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
Not sure if I remember it correct, but there was this gambling platform that a friend suggested me to play , as she does not tell me that it is not a Fiat site in which made me dig how to deposit and play.
and thats how I remember engaging with bitcoin , I don't know if my cousin who first introduce me or some other friends .


Title: Re: How was your first Bitcoin experience?
Post by: leonair on September 07, 2023, 06:51:35 AM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
Not sure if I remember it correct, but there was this gambling platform that a friend suggested me to play , as she does not tell me that it is not a Fiat site in which made me dig how to deposit and play.
and thats how I remember engaging with bitcoin , I don't know if my cousin who first introduce me or some other friends .
The Gambling Experience You Can't Compare With The Bitcoin Experience. Gambling and Bitcoin are never the same. With Bitcoin you gambled so it gave you a bad experience. It would have given you a better experience if you had bought and hold bitcoins. It was entirely your fault so you can't blame Bitcoin for it.  And Bitcoin never guarantees you a profit.  You have to be patient to get profit from here.  Otherwise you may face losses and consider it a bad experience


Title: Re: How was your first Bitcoin experience?
Post by: 2Pizza410000BTC on September 07, 2023, 08:42:58 AM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
I have been involved with Bitcoin for quite some time. I consider myself very lucky because I came across Bitcoin at the right time. But I don't have much experience with Bitcoin in my life. Before coming here I have heard many incidents from my veterans. But I think, I was introduced to Bitcoin at the right time, and met Bitcoin. Relatively speaking, Bitcoin prices are worth investing in right now. I don't have money to invest right now. If I had money to invest I would definitely invest in Bitcoin and hold it for a long time. But if I can earn from here, I will definitely fulfill my dream by investing in Bitcoin.


Title: Re: How was your first Bitcoin experience?
Post by: MarjorieZimmermanGinger on September 07, 2023, 09:29:05 AM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
I got to know bitcoin from a friend and maybe at first there wasn't anything positive that I could find in it, but over time I started to learn how bitcoin can provide a way of financial freedom for anyone if it's applied the right way. In the past, my family was part of people who invested in gold and that was the first investment method taught to us by our parents. There are no savings in the bank and no other investment systems that are taught to us as their children. In short, I'm starting to see that gold doesn't provide a fair return from the investments I make even though gold doesn't depreciate the money we place.

I started to take an approach to bitcoin and slowly started to add little by little to my investment in it, until finally I saw the first ATH of my bitcoin investment. It was until then that my trust in bitcoin increased which made me continue to collect bitcoins regularly even if I used small or occasionally large capital. But to be honest, I still hold gold as one of the investments that I have made until now and maybe the amount is not too big because I have to adjust my daily needs with some investments in bitcoin too.


Title: Re: How was your first Bitcoin experience?
Post by: KiaKia on September 07, 2023, 10:24:28 AM
I played faucet hunting for almost two years and I jumped into airdrops later, this was actually how I made my first hundreds of dollars through crypto, by 2018 I was fully ready to buy my first set of crypto miners but I lacked some knowledge about what to mine, I thought it was too late to mine Bitcoin So I instead look for the next Bitcoin which was wrong because nothing else became the next Bitcoin till today.

I learnt the hard way as many coins I mined are all dead, the only old coin that I knew them is Flux which managed to survive, then I went back and start learning why some projects sucks so much and why Bitcoin is the best, this was how I least that mining Bitcoin should have been my goal instead of looking for other coins that could become the next Bitcoin.

I also lost a lot of good altcoins like Dogecoin and Ethereum because I chose to use free wallet, a bad crypto wallet that's a completed custodial wallet, but I never knew about non-custodial and custodial wallets, all these lessons took place because I failed to learn first, hope this help some beginners out here.


Title: Re: How was your first Bitcoin experience?
Post by: dothebeats on September 07, 2023, 10:49:50 AM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
Not sure if I remember it correct, but there was this gambling platform that a friend suggested me to play , as she does not tell me that it is not a Fiat site in which made me dig how to deposit and play.
and thats how I remember engaging with bitcoin , I don't know if my cousin who first introduce me or some other friends .
The Gambling Experience You Can't Compare With The Bitcoin Experience. Gambling and Bitcoin are never the same. With Bitcoin you gambled so it gave you a bad experience. It would have given you a better experience if you had bought and hold bitcoins. It was entirely your fault so you can't blame Bitcoin for it.  And Bitcoin never guarantees you a profit.  You have to be patient to get profit from here.  Otherwise you may face losses and consider it a bad experience
They are not blaming Bitcoin for it. They are just sharing their experience of their first encounter with Bitcoin, as OP did not state that it should be a Bitcoin investment experience. You have to remember that this is the first encounter they have of Bitcoin and they do not even know at that time that they are not using fiat. In the same way, others are sharing their first encounter with Bitcoin as not being an investment or a trade but simply just hearing about it. Why are you even blaming them when they are just sharing their experience? I'm sure by now they know how Bitcoin investments work so you don't have to tutor them about it, seriously. Let us not act as if we were already so knowledgeable about Bitcoin the first time we heard about it. Please focus on the point of the original post before replying to other's replies. You are starting a whole different discussion here that is not even connected to the original point. We are sharing our first experience in Bitcoin here in general, not investment.


Title: Re: How was your first Bitcoin experience?
Post by: Fivestar4everMVP on September 07, 2023, 11:07:34 AM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
Nothing special about it to remember I guess or suppose, the first Bitcoin to enter my wallet where in satoshies, not up to one full Bitcoin, I think it was around 0.01 Bitcoin which was Bitcoin I gathered for free from different Bitcoin faucets, at the time, Bitcoin was still a little below a hundred dollars, I used this Bitcoin for day trading on Poloniex exchange, at the time Poloniex was the world largest cryptocurrency exchange in terms of trading volume, just like binance is today.

I made some profit trading that supposed little amount of Bitcoin, but I later unfortunately invested the money in a new ico that was launched at that time, it later turned out the ico was a scam and that was how I lost my bitcoins .


Title: Re: How was your first Bitcoin experience?
Post by: Reatim on September 07, 2023, 11:36:16 AM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
my first bitcoin experience is when a close friend/relative actually introduce this to me but sad to say, I denied it because what I do believe as it is a scam , not until several years after when she presented me His new house and car that he earned from investing and trading here in crypto.
so from that point on? i start investing and indeed now I am earning and has a big chunk that waiting in my folio once the bull comes.


Title: Re: How was your first Bitcoin experience?
Post by: tjtonmoy on September 07, 2023, 06:03:46 PM
For some reason, I did not pay much attention to this direction for many years. But everything changed when the price went up sharply. This is where my adventure began.

I just want to quote this line from your post. And I want to say something for everyone who is still new here and starting their journey in the crypto world. We as a human have an interesting thing. As long as something doesn't reach its peak, we tend to ignore it. Then when we become interested when it's at its peak and invest in them, then suddenly it collapses and we think that it was a scam and nothing good could happen from this. What we don't understand is, that once something goes up, it will come down again. And if it has potential, then it will go up leaving everything in the past behind.

This is why in the crypto market, many people invest only when they see that the market is getting green and rising significantly. As I said, what goes up, will come down too. So make sure you do your research and see the potential it has, and always research its history. It could tell you more than you can imagine.

So that's all. It's not a personal attack or something. I have done this too in the past. So just telling everyone from my past experience what we should do in order to get the best out of our investment.


Title: Re: How was your first Bitcoin experience?
Post by: rojan on September 08, 2023, 08:23:24 AM
The Gambling Experience You Can't Compare With The Bitcoin Experience. Gambling and Bitcoin are never the same. With Bitcoin you gambled so it gave you a bad experience. It would have given you a better experience if you had bought and hold bitcoins. It was entirely your fault so you can't blame Bitcoin for it.  And Bitcoin never guarantees you a profit.  You have to be patient to get profit from here.  Otherwise you may face losses and consider it a bad experience
There is a lot of difference between gambling experience and Bitcoin investing experience. Investing in Bitcoin can be profitable if you can wait patiently. But I think investing in Bitcoin is much better than gambling. Gambling can make you a lot of money in a short period of time.  But sometimes there is a possibility of losing the entire money from gambling. So I think it is necessary to invest in Bitcoin without wasting money on gambling. However, if you invest in Bitcoin, it will be foolish to invest thinking that you will get profit immediately.


Title: Re: How was your first Bitcoin experience?
Post by: Nrcewker on September 08, 2023, 08:36:57 AM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.

I was introduced to Bitcoins through gambling only. Back in 2013-14, I searched how to make money online. Then I came across with a video on YouTube which showed that I can gamble through Bitcoins and win many if lucky. At that time Bitcoins were around 400$, and it caught my attention. So I used all my savings to buy the coins and with those coins I played on the casinos. This was my first encounter with Bitcoins, now I am exposed to other aspects of the coins and I am enjoying it.


Title: Re: How was your first Bitcoin experience?
Post by: savetheFORUM on September 08, 2023, 08:46:55 AM
My first encounter with Bitcoin and this forum was kinda embarrassing, some of members in this forum might now a ponzi scam project called Bitconnect, one of my relative joined this cult --before it turns into scam definitely-- and they try to promote it to me. I know it was too good to be true, and then I do some research on it, then I found about Crypto, Bitcoin and then this forum. I actually mistaken Bitconnect and Bitcoin the first time, I thought both are the same.
That's nothing to be ashamed of, I was also someone who knew about bitcoin through investing in bitcoinnect, which was a big project at the time. One thing we need to know is that ponzi projects or HYIP investments were very popular at that time so it was inevitable that we would be drawn into those scam projects. Those are just experiences for our investment journey, nothing to be ashamed of. I also believe that not only you and me but almost everyone will participate because then no one doesn't want to make a profit.
Well, we all had our bad days initially when we started our journey with Bitcoin because we were new and inexperienced and scammers used to take advantage of that. There used to be a lot of Ponzi schemes and HYIPs back in the day when Bitcoin wasn't this popular, and a lot of people used to become victims of these scam projects and websites that used to promise big returns on investments and people used to believe in them because the trend was new.

Even I was a victim of such scams when I first started using Bitcoin, there used to be Bitcoin doubler scams and a bunch of others such as cloud mining websites, and investments websites that would return 50% after a month or a week, such scammers used to earn a hell of a lot of money from all this.


Title: Re: How was your first Bitcoin experience?
Post by: bayu7adi on September 08, 2023, 08:52:48 AM
i start investing and indeed now I am earning and has a big chunk that waiting in my folio once the bull comes.
Earning income from Bitcoin investments? Isn't it true that to generate income from Bitcoin investments, you need to sell your BTC for FIAT currency at a higher price than your purchase price to make a profit?

I believe such occurrences can't happen every day. Despite Bitcoin's volatility, daily price fluctuations can't be relied upon for daily gains. Furthermore, in investing, one can't always be victorious.

Income from Bitcoin investments doesn't materialize on a daily basis unless you sell Bitcoin every day.


Title: Re: How was your first Bitcoin experience?
Post by: xSkylarx on September 08, 2023, 09:13:49 AM
The Gambling Experience You Can't Compare With The Bitcoin Experience. Gambling and Bitcoin are never the same. With Bitcoin you gambled so it gave you a bad experience. It would have given you a better experience if you had bought and hold bitcoins. It was entirely your fault so you can't blame Bitcoin for it.  And Bitcoin never guarantees you a profit.  You have to be patient to get profit from here.  Otherwise you may face losses and consider it a bad experience
There is a lot of difference between gambling experience and Bitcoin investing experience. Investing in Bitcoin can be profitable if you can wait patiently. But I think investing in Bitcoin is much better than gambling. Gambling can make you a lot of money in a short period of time.  But sometimes there is a possibility of losing the entire money from gambling. So I think it is necessary to invest in Bitcoin without wasting money on gambling. However, if you invest in Bitcoin, it will be foolish to invest thinking that you will get profit immediately.

In gambling, once you've already bet that money, it is already declared that money is lost on you because, mostly, in gambling you'll be losing most of the time because it is a form of entertainment and not an investment or a way to make a living on it.

Investing in Bitcoin is very different from gambling because you have control over it. You can pull out your investment or add more, and it will take more time to gain profit, or if not, you will lose it all. In investing, you have a plan on how to make it successful, unlike in gambling, where the casino owner will take over your funds in no time.


Title: Re: How was your first Bitcoin experience?
Post by: fruktik on September 08, 2023, 09:25:55 AM
I have been involved with Bitcoin for quite some time. I consider myself very lucky because I came across Bitcoin at the right time. But I don't have much experience with Bitcoin in my life. Before coming here I have heard many incidents from my veterans. But I think, I was introduced to Bitcoin at the right time, and met Bitcoin. Relatively speaking, Bitcoin prices are worth investing in right now. I don't have money to invest right now. If I had money to invest I would definitely invest in Bitcoin and hold it for a long time. But if I can earn from here, I will definitely fulfill my dream by investing in Bitcoin.
What's stopping you from starting to collect initial capital? There is a way to give up bad habits, if you have them. Yes there are many methods. There would be a desire. You just don’t need to fall into a depressive state, from which it is quite difficult to get out. Quite often this happens due to low earnings or income, but this matter is fixable.
Find the strength in yourself and start saving money as quickly as possible, with which you can then buy Bitcoin. After all, time passes and the price will change. Why should you buy crypto at maximum values?


Title: Re: How was your first Bitcoin experience?
Post by: legendbtc on September 08, 2023, 09:35:13 AM
i start investing and indeed now I am earning and has a big chunk that waiting in my folio once the bull comes.
Earning income from Bitcoin investments? Isn't it true that to generate income from Bitcoin investments, you need to sell your BTC for FIAT currency at a higher price than your purchase price to make a profit?

I believe such occurrences can't happen every day. Despite Bitcoin's volatility, daily price fluctuations can't be relied upon for daily gains. Furthermore, in investing, one can't always be victorious.

Income from Bitcoin investments doesn't materialize on a daily basis unless you sell Bitcoin every day.

To be honest, I also have a lot of friends who are day traders, they not only trade in the cryptocurrency market, they also trade forex, stocks...but I haven't seen anyone who can make trading their sole source of income. In addition to being day traders, they also have outside businesses that are hiring managers to work for them. So I would doubt anyone who says they can make a profit daily in bitcoin or by trading no matter what financial market they are in. I have not seen anyone who always wins and can make a steady daily profit in trading.


Title: Re: How was your first Bitcoin experience?
Post by: OrangeII on September 08, 2023, 10:45:24 AM
i think i started it all from the faucet and also pay to clicks. I remember that every day I do the same thing only to get $ 40 to $ 50 per month from faucets and PTC. Anyway, I felt like it was a good start because it was really the first time I made money from the internet. After that, these activities allowed me to get to know altcoins, trading, investing, ICO, IEO, and others.


Title: Re: How was your first Bitcoin experience?
Post by: Hypnosis00 on September 08, 2023, 01:13:36 PM
i think i started it all from the faucet and also pay to clicks. I remember that every day I do the same thing only to get $ 40 to $ 50 per month from faucets and PTC. Anyway, I felt like it was a good start because it was really the first time I made money from the internet. After that, these activities allowed me to get to know altcoins, trading, investing, ICO, IEO, and others.
Yes, I'd see faucets were very popular in the past and so were these mining apps but after having a bad experience and hearing negative feedback, I'd just realized that I wasted my time doing it.

I own Bitcoin from joining bounties and I doubted it at first, really but when I received it after converting from my token rewards, it changed my views and believe that it was real, not a scam. It was easy to get BTC in the past even if you didn't spend any amount as there are a lot of ways to do it unlike these days.


Title: Re: How was your first Bitcoin experience?
Post by: xSkylarx on September 08, 2023, 03:54:59 PM
i think i started it all from the faucet and also pay to clicks. I remember that every day I do the same thing only to get $ 40 to $ 50 per month from faucets and PTC. Anyway, I felt like it was a good start because it was really the first time I made money from the internet. After that, these activities allowed me to get to know altcoins, trading, investing, ICO, IEO, and others.

It is really a good start, as our mindset before was to earn it online without using our money, which is why we have a lot of patience on faucets and other microtasks just to earn Bitcoin, and at the same time we learn how Bitcoin works. Even I've started on it as I don't have money to spend on Bitcoin, and I've learned a lot from it. But that is really the start, it awakens my eyes to the opportunity to earn from it, so with that kind of opportunity, we need to grab it and earn it.


Title: Re: How was your first Bitcoin experience?
Post by: Dr.Bitcoin_Strange on September 08, 2023, 03:56:09 PM
i start investing and indeed now I am earning and has a big chunk that waiting in my folio once the bull comes.
Earning income from Bitcoin investments? Isn't it true that to generate income from Bitcoin investments, you need to sell your BTC for FIAT currency at a higher price than your purchase price to make a profit?

I believe such occurrences can't happen every day. Despite Bitcoin's volatility, daily price fluctuations can't be relied upon for daily gains. Furthermore, in investing, one can't always be victorious.

Income from Bitcoin investments doesn't materialize on a daily basis unless you sell Bitcoin every day.


Yeah, that's right. Bitcoin investment is usually very profitable for long-term holders compared to those that trade for a short-term profit. Some people who were even lucky to buy Bitcoin during the early stages sold so fast for a quick profit, and most of those people who sold very early regret why they sold, whereas those who were able to hold for a long time made a fortune.

Even if it's a trader who wants to take advantage of price volatility, they will still not make a profit every day by trading their Bitcoin; they will definitely have some losses.


Title: Re: How was your first Bitcoin experience?
Post by: BVeyron on September 08, 2023, 06:42:08 PM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.

I got some crypto money (about 0,1 btc and a couple of ETH) back in 2016, I decided to hodl. But some time later I exchanged some of this for fiat just to have fun. That was a dramatic mistake, since then I rarely spend crypto for anything. I think that hodling is the best strategy in crypto, however, the sums I have are too small to bring a good profit even if the price doubles...


Title: Re: How was your first Bitcoin experience?
Post by: kawetsriyanto on September 08, 2023, 08:33:59 PM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember.
How can you forget it, mate? Is that moment not special enough for you?  :-\
For Bitcoiners, the time when he owned Bitcoin first time was a memorable moment. It should be remembered forever.

Suddenly, I am thinking, how was your first Bitcoin experience?
I got my first Bitcoin from campaigning a project. It was a small number of Bitcoin (valued under $50) but it felt amazing because it was the first time I have it on my wallet. Sadly, I can't hold it for a long time, I need to sell it because of an urgent need. However, I will always remember that first Bitcoin on my wallet, it is a historical moment.



Title: Re: How was your first Bitcoin experience?
Post by: serjent05 on September 08, 2023, 09:35:12 PM
i start investing and indeed now I am earning and has a big chunk that waiting in my folio once the bull comes.
Earning income from Bitcoin investments? Isn't it true that to generate income from Bitcoin investments, you need to sell your BTC for FIAT currency at a higher price than your purchase price to make a profit?

I believe such occurrences can't happen every day. Despite Bitcoin's volatility, daily price fluctuations can't be relied upon for daily gains. Furthermore, in investing, one can't always be victorious.

Income from Bitcoin investments doesn't materialize on a daily basis unless you sell Bitcoin every day.

To be honest, I also have a lot of friends who are day traders, they not only trade in the cryptocurrency market, they also trade forex, stocks...but I haven't seen anyone who can make trading their sole source of income. In addition to being day traders, they also have outside businesses that are hiring managers to work for them. So I would doubt anyone who says they can make a profit daily in bitcoin or by trading no matter what financial market they are in. I have not seen anyone who always wins and can make a steady daily profit in trading.

I also know someone who daytrade on forex, he even invited me to try it but I am somehow comfortable trading cryptocurrency that time so I reject the invitation.  He also does not rely on his forex trading activities for his sole source of funds.  When I asked him why he didn't like to focus on forex trading since he told me that he was gaining a good amount of money on his trade, he stated that the profit isn't always huge sometimes he ends up in a break-even or at a lost due to the unexpected turn of the event.

The same goes with cryptocurrency trading, just like what happened in the previous days when Bitcoin suddenly made a dip.  Those who buy before the dip is currently at a lost now.  So they will be in trouble if they don't have other sources of funds.

So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember.
How can you forget it, mate? Is that moment not special enough for you?  :-\
For Bitcoiners, the time when he owned Bitcoin first time was a memorable moment. It should be remembered forever.

It is possible that he wasn't that serious when he first entered the cryptocurrency. Or probably he is busy with other things and is not focus on Bitcoin activities.




Title: Re: How was your first Bitcoin experience?
Post by: tbct_mt2 on September 08, 2023, 10:47:41 PM
My first Bitcoin experience is:

- I don't know how to use Bitcoin block explorer
- I don't know how long I have to wait to see my withdrawal from an exchange to be approved, proceeded then that transaction is confirmed by miner.
Consequence is I was panic when after making a withdrawal from one exchange, where I bought bitcoin, to another exchange, where I wanted to trade, it took about 6 hours without a first confirmation. It's in 2017.

Newbies must learn how to use block explorers to check on chain transactions, confirmations, and know why their waiting transactions are in top or low priority of miners to confirm.

List of useful Bitcoin block explorers (https://bitcointalk.org/index.php?topic=5197909.0)
https://mempool.space/


Title: Re: How was your first Bitcoin experience?
Post by: wallet4bitcoin on September 09, 2023, 12:10:15 AM
I have been involved with Bitcoin for quite some time. I consider myself very lucky because I came across Bitcoin at the right time. But I don't have much experience with Bitcoin in my life. Before coming here I have heard many incidents from my veterans. But I think, I was introduced to Bitcoin at the right time, and met Bitcoin. Relatively speaking, Bitcoin prices are worth investing in right now. I don't have money to invest right now. If I had money to invest I would definitely invest in Bitcoin and hold it for a long time. But if I can earn from here, I will definitely fulfill my dream by investing in Bitcoin.
What's stopping you from starting to collect initial capital? There is a way to give up bad habits, if you have them. Yes there are many methods. There would be a desire. You just don’t need to fall into a depressive state, from which it is quite difficult to get out. Quite often this happens due to low earnings or income, but this matter is fixable.
Find the strength in yourself and start saving money as quickly as possible, with which you can then buy Bitcoin. After all, time passes and the price will change. Why should you buy crypto at maximum values?


Strong and candid advice, I must confess. Loads of people consider depressive state ideal a remedy or solution to a problem when in reality, it is just a thief of time.

Imagine putting the time of wailing into productive use and saving up the income, it'll be a matter of time before you realise that the energy you used to feel depressed was your disguised-productive energy coupled with the drive to make it to the top. Save up and invest in Bitcoin when its still low man.


Title: Re: How was your first Bitcoin experience?
Post by: Richkiedx on September 09, 2023, 02:37:08 AM
Nothing its memorable every time every seconds  i always want to my trade because my PNL red and i so nervous haha
I can't sleep because of that pnl


Title: Re: How was your first Bitcoin experience?
Post by: legendbtc on September 09, 2023, 03:00:51 AM
i start investing and indeed now I am earning and has a big chunk that waiting in my folio once the bull comes.
Earning income from Bitcoin investments? Isn't it true that to generate income from Bitcoin investments, you need to sell your BTC for FIAT currency at a higher price than your purchase price to make a profit?

I believe such occurrences can't happen every day. Despite Bitcoin's volatility, daily price fluctuations can't be relied upon for daily gains. Furthermore, in investing, one can't always be victorious.

Income from Bitcoin investments doesn't materialize on a daily basis unless you sell Bitcoin every day.

To be honest, I also have a lot of friends who are day traders, they not only trade in the cryptocurrency market, they also trade forex, stocks...but I haven't seen anyone who can make trading their sole source of income. In addition to being day traders, they also have outside businesses that are hiring managers to work for them. So I would doubt anyone who says they can make a profit daily in bitcoin or by trading no matter what financial market they are in. I have not seen anyone who always wins and can make a steady daily profit in trading.

I also know someone who daytrade on forex, he even invited me to try it but I am somehow comfortable trading cryptocurrency that time so I reject the invitation.  He also does not rely on his forex trading activities for his sole source of funds.  When I asked him why he didn't like to focus on forex trading since he told me that he was gaining a good amount of money on his trade, he stated that the profit isn't always huge sometimes he ends up in a break-even or at a lost due to the unexpected turn of the event.

The same goes with cryptocurrency trading, just like what happened in the previous days when Bitcoin suddenly made a dip.  Those who buy before the dip is currently at a lost now.  So they will be in trouble if they don't have other sources of funds.
Let's look at a real example, in these days when bitcoin had very nasty fluctuations and according to reports, a lot of long/short orders were liquidated in the past days. Almost no one makes a profit trading these days, so where do we get daily profits for our necessities?
Again, those who claim to have a steady and consistent income from day trading should provide evidence rather than just talk. I've been in the market for a while, but so far, I haven't really seen anyone do it, I'd really like to open my eyes if someone can provide proof.


Title: Re: How was your first Bitcoin experience?
Post by: adzino on September 09, 2023, 03:40:47 AM
It started by hearing about bitcoin in the internet and after randomly reading about it, I somehow ended up using some faucets. They used to pay a lot at that time (the satoshis, not the value in bitcoin), and you could withdraw anytime you wanted and they used to send it to some centralized wallet and you could withdraw it anytime without any fee. Saw how the price went up, got interested, invested and sometimes using it as a regular currency. Never had a bad experience with bitcoin (other those days where you had to pay insane fee or wait for hour or sometimes days for transaction to confirm) or got scammed.


Title: Re: How was your first Bitcoin experience?
Post by: Dave1 on September 09, 2023, 03:47:50 AM
Heard about bitcoin way before, as I do some freelance work at Odesk and so I'm seen several forums and this is one of them. But one memorable experience back then specially around the time I joined this community is a bitcoin doubler.

So I thought why not? gonna be easy to make your bitcoin grow in short amount of time. But it's good that I only invested small amount that time because later it was just a scam and it was a lessons for me in the beginning. And it's good that it happen to be when I was just starting, because after that I never invested on too good to be true offer.


Title: Re: How was your first Bitcoin experience?
Post by: gunhell16 on September 09, 2023, 06:10:11 AM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.

I remember when I was just learning about Bitcoin in 2015–2016, when I was just studying Bitcoin and I didn't pay much attention to the Bitcointalk platform. I didn't really know much about Bitcoin, which even led me to really want to buy Bitcoin when it dropped to 160 dollars per bitcoin, but I couldn't do anything because I didn't have anything to buy and I was just staying with a friend of mine.

These were the times when altcoins were still very low in the market, and I didn't know anything about cryptocurrency, I only knew about monitoring during these times. I only learned to experience buying crypto on the exchange in 2017.


Title: Re: How was your first Bitcoin experience?
Post by: blckhawk on September 09, 2023, 09:29:40 AM
It was through collecting my "hard earned" satoshis through the faucet I installed on my cheap Android phone back in the day (it was named something like hotBTC or something? the faucet's logo was a flame); withdrawing those few satoshis to my freshly installed and backed-up Mycelium wallet.

Man, those were the days.
The days when you can faucets were giving a lot of bitcoins by today's standards, I am not from the time were faucets give large amounts of bitcoin so I missed out but I imagine those that was able to experience it like you I assume that you probably never expected bitcoin to get to this price. My experience is a bland one as I was still a student when I was introduced to bitcoin and the price was already pretty established so from what I can share is that bitcoin taught me to be smart financially and made me love stuff that's tech related.


Title: Re: How was your first Bitcoin experience?
Post by: Patrol69 on September 09, 2023, 09:42:27 AM
When you are very much interested in something and when that thing comes to you after a long wait, the feeling of that thing is really different. The feeling and happiness of that moment when I first saw Bitcoin in my wallet can't really be described. I have always been interested in Bitcoin and since then my dream was to become a Bitcoin investor and have Bitcoin in my wallet but I didn't realize that my hope would come true so quickly. I still remember the day I first saw Bitcoin in my wallet. I once received a relatively large stipend from the college I attended, and I'm not sure if I'll invest that money in Bitcoin. At that moment, I took a step closer to fulfilling my dream by buying Bitcoin with money.


Title: Re: How was your first Bitcoin experience?
Post by: Gladitorcomeback on September 09, 2023, 09:53:33 AM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
good question, as i remember first time when experience btc, I didn't remember the exact year but price of btc that time was 128$. Actually I was searching for online earn and I found some faucet sites. The funny scene is I was not aware of phrase key that time and didn't save any phrase or private key. after working for some days I stopped because The withdraw limits was so high. second time when i again checked then price soars to 200 plus and then third time I remember that I opened Xapo wallet offering some free sats. when I opened the price was almost 0.25$.

I learned Full detail knowledge about btc, wallet, how to store, how to sell in 2019 and that timw Bitcoin was trading above 10k$. I watched lot of video and also my 0.25$ converted into 30$ when i checked back in 2019. This is my small story about btc experience. Who knows btc will skyrocket to 50k  :)


Title: Re: How was your first Bitcoin experience?
Post by: Blitzboy on September 09, 2023, 11:36:08 AM
It started by hearing about bitcoin in the internet and after randomly reading about it, I somehow ended up using some faucets. They used to pay a lot at that time (the satoshis, not the value in bitcoin), and you could withdraw anytime you wanted and they used to send it to some centralized wallet and you could withdraw it anytime without any fee. Saw how the price went up, got interested, invested and sometimes using it as a regular currency. Never had a bad experience with bitcoin (other those days where you had to pay insane fee or wait for hour or sometimes days for transaction to confirm) or got scammed.
Many first used faucets. They paid a lot back then, even if it wasnt a big thing in fiat currency, which was a fascinating entry into Bitcoin. Haven't we seen Bitcoin evolve from a fun faucet reward to a serious financial asset and sometimes a daily transaction? I share your great experiences, although I remember some nerve-wracking transactions that took weeks to confirm. I recall making a simple internet purchase with Bitcoin. The novelty was more important than the practicality back then. Its widespread adoption and use is uplifting.


Title: Re: How was your first Bitcoin experience?
Post by: Z_MBFM on September 09, 2023, 12:04:27 PM
My first experience with mining was a good one. I used to love firing up different software and making different adjustments to get you the most possible hashrate. Little things you did on your own made a big difference back then. It was cool. My first transaction experience was great as well. I sold a video game code that came with my GPU for a couple BTC and everything went smooth as silk.
All your first and last experiences should be good. And you have done HUGE amount of bitcoin transactions in your life and you donated 50 bitcoins for this forum. You have been involved with Bitcoin for many years and when you mined Bitcoin you had the opportunity to mine a good amount of Bitcoin in a short period of time.  But now there is no chance.  The amount of electricity required to mine bitcoins now is comparable to the amount of bitcoins that were not mined back then. In all cases, the first mover can get a huge amount out of it, while those who get involved later on don't get much.


Title: Re: How was your first Bitcoin experience?
Post by: AicecreaME on September 09, 2023, 12:16:23 PM
I won't forget the first time I earned bitcoin.

If I'm not mistaken, it was from the komodo signature campaign, I earned 0.11 Bitcoin (I forgot the exact amount) after I posted 4 months, like about 120 post since that's the minimum post count I guess that's required to get the payment. I was so happy back then, because that's my first time owning a Bitcoin with my own hard work.

Owning bitcoin feels like I'm a different person, in a positive way though.


Title: Re: How was your first Bitcoin experience?
Post by: Magic-Money on September 09, 2023, 12:49:24 PM
My first experience in Bitcoin was when I changed location from my place of living looking for a better and legit business to do, while I was introduced to trade on Bitcoin pairs with other Coin, and as well buy some coin and hold for a specific coin that makes me believe more in alt-coins after convert to Bitcoin that gives huge return profits and the coin called Hex Coin.


Title: Re: How was your first Bitcoin experience?
Post by: fruktik on September 09, 2023, 03:45:56 PM
Strong and candid advice, I must confess. Loads of people consider depressive state ideal a remedy or solution to a problem when in reality, it is just a thief of time.

Imagine putting the time of wailing into productive use and saving up the income, it'll be a matter of time before you realise that the energy you used to feel depressed was your disguised-productive energy coupled with the drive to make it to the top. Save up and invest in Bitcoin when its still low man.
Do you know what I can answer about this question? We are all individuals and each of us has the right to do what he pleases. Well, it’s impossible for everyone to be of the same opinion as to what is the correct process? We need to come to terms with the fact that people are prone to depression after some significant tragic events. Can this condition last for quite a long time? Who will help? Only specialists in this field. But what to do if they don’t have the very funds that made all this happen? How do you like this paradox? Is there a way out? Yes, just go through it personally. How many people succeed in this? I believe that this percentage is not very large.


Title: Re: How was your first Bitcoin experience?
Post by: isaac_clarke22 on September 09, 2023, 04:39:57 PM
Many first used faucets. They paid a lot back then, even if it wasnt a big thing in fiat currency, which was a fascinating entry into Bitcoin. Haven't we seen Bitcoin evolve from a fun faucet reward to a serious financial asset and sometimes a daily transaction? I share your great experiences, although I remember some nerve-wracking transactions that took weeks to confirm. I recall making a simple internet purchase with Bitcoin. The novelty was more important than the practicality back then. Its widespread adoption and use is uplifting.
Oh yeah, I mean it shouldn't be that bad for starting unless they were expecting too much in their first couple of satoshis. Although these days it isn't worth the hassle anymore if you're trying to find "cheap" ways to earn Bitcoin without having to do so much work.

It bored the crap out of me until I just decided to fuck it and ditch my faucet wallet. The minimum isn't even enough to buy an energy drink I like here in my country, lol.

I won't forget the first time I earned bitcoin.

If I'm not mistaken, it was from the komodo signature campaign, I earned 0.11 Bitcoin (I forgot the exact amount) after I posted 4 months, like about 120 post since that's the minimum post count I guess that's required to get the payment. I was so happy back then, because that's my first time owning a Bitcoin with my own hard work.

Owning bitcoin feels like I'm a different person, in a positive way though.
We all do had our first satisfaction in earning from SCs. :D I was even just a "Member" rank before but damn it is a lot already when converted here in my local currency.


Title: Re: How was your first Bitcoin experience?
Post by: fruktik on September 10, 2023, 05:22:11 AM
Oh yeah, I mean it shouldn't be that bad for starting unless they were expecting too much in their first couple of satoshis. Although these days it isn't worth the hassle anymore if you're trying to find "cheap" ways to earn Bitcoin without having to do so much work.
No need to waste your precious time on these taps. There are much more profitable topics than collecting several dozen satoshis in a whole day. The only thing that can bring normal earnings from these sites is to recruit a huge army of active referrals, but this will require investment in advertising and a large amount of time. Is it worth it? Everyone decides for themselves.
I'm tired of this method of obtaining crypt. I left this matter forever. I got busy in other ways. At least there was interest, and not the banal boring daily clicking.


Title: Re: How was your first Bitcoin experience?
Post by: bayu7adi on September 10, 2023, 05:58:20 AM
No need to waste your precious time on these taps. There are much more profitable topics than collecting several dozen satoshis in a whole day. The only thing that can bring normal earnings from these sites is to recruit a huge army of active referrals, but this will require investment in advertising and a large amount of time. Is it worth it? Everyone decides for themselves.
Indeed, the job offerings from faucet companies are no longer worthwhile these days, as the tasks they assign consume a significant amount of my time. Nowadays, many people opt for alternative methods to earn coins, such as participating in airdrops. It appears that a considerable number of individuals are getting their first taste of the cryptocurrency and Bitcoin world through these airdrop campaigns.

While I personally don't frequently partake in airdrop events, I can't help but feel a sense of missing out when I see others sharing the substantial gains they've made from participating in these airdrops.

Regardless of how one embarks on their Bitcoin journey, I still appreciate it as a significant initial step.


Title: Re: How was your first Bitcoin experience?
Post by: YUriy1991 on September 10, 2023, 06:36:14 AM
Each of them of course has their own story for things like the OP asked and wanted to know and I don't have special experience in this matter but what was memorable when I gathered with friends was when I saw the reaction of novice traders if BTC went up, they smiled and when BTC corrects even a little, they immediately say...ooh no, correct again. Yes. I can only smile.


Title: Re: How was your first Bitcoin experience?
Post by: fruktik on September 10, 2023, 07:20:01 AM
Indeed, the job offerings from faucet companies are no longer worthwhile these days, as the tasks they assign consume a significant amount of my time. Nowadays, many people opt for alternative methods to earn coins, such as participating in airdrops. It appears that a considerable number of individuals are getting their first taste of the cryptocurrency and Bitcoin world through these airdrop campaigns.

While I personally don't frequently partake in airdrop events, I can't help but feel a sense of missing out when I see others sharing the substantial gains they've made from participating in these airdrops.

Regardless of how one embarks on their Bitcoin journey, I still appreciate it as a significant initial step.
All the same, you will not be able to participate in all distributions, since this is simply impossible. There is no need to envy those who have made good money. These are just a few who are close to project administrators. Everyone else is content with only small handouts, if there is such a thing.
I came to this conclusion a long time ago when I observed several projects. This is how it works in the crypto world at the moment.


Title: Re: How was your first Bitcoin experience?
Post by: bayu7adi on September 10, 2023, 07:37:26 AM
All the same, you will not be able to participate in all distributions, since this is simply impossible. There is no need to envy those who have made good money. These are just a few who are close to project administrators. Everyone else is content with only small handouts, if there is such a thing.
I came to this conclusion a long time ago when I observed several projects. This is how it works in the crypto world at the moment.
Yes, I've never taken issue with what's currently trending or what might be in vogue tomorrow in the crypto world. It's precisely these dynamics that keep the crypto sphere evolving and vibrant over time. Someone could enter the crypto arena and acquire their first Bitcoin when they're drawn to a particular trend. The more people become acquainted with cryptocurrency, the stronger its network becomes, ensuring its enduring presence in the world.

In fact, I would be pleased to see many people benefiting from the crypto space. It signifies that Bitcoin and cryptocurrency indeed have the potential to foster economic growth for many individuals.


Title: Re: How was your first Bitcoin experience?
Post by: Fakhrulenclix on September 10, 2023, 08:37:51 AM
Each of them of course has their own story for things like the OP asked and wanted to know and I don't have special experience in this matter but what was memorable when I gathered with friends was when I saw the reaction of novice traders if BTC went up, they smiled and when BTC corrects even a little, they immediately say...ooh no, correct again. Yes. I can only smile.
Even though we don't have our own experience, we can also take a lot of experience from other people, which is good for our learning, both positive and negative, which we don't need to follow, such as panic when a slight price correction occurs.
Personally, I don't have many memorable experiences, but I have many friends here who buy Bitcoin so I learn a lot from that.


Title: Re: How was your first Bitcoin experience?
Post by: lixer on September 10, 2023, 04:18:24 PM
It's been quite some time since I earned my first Bitcoin. It's the result of my efforts in crypto, as well as here on Bitcointalk. Around 2017, I invested my Bitcoin into a specific currency because I believe it will be successful in the long run. The idea was really promising, and I conducted some research, but sadly, the project turned out to be a fraud. That was the first and last time of having Bitcoin. I learned a lot from it, and I'm still hope to return there soon.
These so-called "promising" projects are always taking people's hard-earned money by giving them hopes of great returns in the long or short run and people think that they've got themselves into something amazing and their life is going to become easier after they make this investment while in reality, they are working for their own future instead of their investors and soon enough when they got enough money, they will disappear like thin air.

However, we've all been there and have been victims of such things when we first got into Bitcoin because we didn't have enough knowledge and understanding of how things work and to be honest, at some point as a newbie or a beginner, we used to think that it is easy to earn a lot of money through Bitcoin.


Title: Re: How was your first Bitcoin experience?
Post by: peter0425 on September 11, 2023, 04:58:36 AM
Nothing its memorable every time every seconds  i always want to my trade because my PNL red and i so nervous haha
I can't sleep because of that pnl
Please be so kind to shill your project in altcoin section .

So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
I heard first bitcoin in 2014 but that does not my experience started.

as far as I remember my first  bitcoin experience back in 2016, a cousin tries to pay me Bitcoin as he has a balance in me but there is no available way as he is far from my place and there is no other way but from bitcoin as the time at the moment is so late night.
he thought me to create a wallet that i can use to cash out directly locally .
that is if my memory serves me right , and that is what I treasured  till  now.


Title: Re: How was your first Bitcoin experience?
Post by: DanWalker on September 11, 2023, 05:21:17 AM
It's been quite some time since I earned my first Bitcoin. It's the result of my efforts in crypto, as well as here on Bitcointalk. Around 2017, I invested my Bitcoin into a specific currency because I believe it will be successful in the long run. The idea was really promising, and I conducted some research, but sadly, the project turned out to be a fraud. That was the first and last time of having Bitcoin. I learned a lot from it, and I'm still hope to return there soon.
These so-called "promising" projects are always taking people's hard-earned money by giving them hopes of great returns in the long or short run and people think that they've got themselves into something amazing and their life is going to become easier after they make this investment while in reality, they are working for their own future instead of their investors and soon enough when they got enough money, they will disappear like thin air.

However, we've all been there and have been victims of such things when we first got into Bitcoin because we didn't have enough knowledge and understanding of how things work and to be honest, at some point as a newbie or a beginner, we used to think that it is easy to earn a lot of money through Bitcoin.

That's the difference between bitcoin and altcoins. In fact, bitcoin was not created as a profit-making project like altcoins, bitcoin is a peer-to-peer currency project that aims to give us freedom from government control. Meanwhile, bitcoin-copying altcoins have created projects aimed at profit, so we should not be surprised to see that most altcoins are scam projects. But thanks to altcoins, we know which projects are worth investing in, and bitcoin is unique.

Not only newbies, but even us, long-time investors, are thinking about making a lot of money from bitcoin. If it weren't for the huge profits that bitcoin can bring, I don't believe many people would still be here today. Investing in bitcoin means we want to make a lot of money, want to make money quickly compared to other traditional assets.


Title: Re: How was your first Bitcoin experience?
Post by: awik p on September 11, 2023, 07:23:26 AM
It's been quite some time since I earned my first Bitcoin. It's the result of my efforts in crypto, as well as here on Bitcointalk. Around 2017, I invested my Bitcoin into a specific currency because I believe it will be successful in the long run. The idea was really promising, and I conducted some research, but sadly, the project turned out to be a fraud. That was the first and last time of having Bitcoin. I learned a lot from it, and I'm still hope to return there soon.
These so-called "promising" projects are always taking people's hard-earned money by giving them hopes of great returns in the long or short run and people think that they've got themselves into something amazing and their life is going to become easier after they make this investment while in reality, they are working for their own future instead of their investors and soon enough when they got enough money, they will disappear like thin air.

However, we've all been there and have been victims of such things when we first got into Bitcoin because we didn't have enough knowledge and understanding of how things work and to be honest, at some point as a newbie or a beginner, we used to think that it is easy to earn a lot of money through Bitcoin.

That's the difference between bitcoin and altcoins. In fact, bitcoin was not created as a profit-making project like altcoins, bitcoin is a peer-to-peer currency project that aims to give us freedom from government control. Meanwhile, bitcoin-copying altcoins have created projects aimed at profit, so we should not be surprised to see that most altcoins are scam projects. But thanks to altcoins, we know which projects are worth investing in, and bitcoin is unique.

Not only newbies, but even us, long-time investors, are thinking about making a lot of money from bitcoin. If it weren't for the huge profits that bitcoin can bring, I don't believe many people would still be here today. Investing in bitcoin means we want to make a lot of money, want to make money quickly compared to other traditional assets.
Bitcoin is a new technological development that not many people use. until finally the opportunity arises to make a lot of profit by joining it. However, there are also many people who dream of something beautiful from Bitcoin, but they don't take into account the risks until in the end they get the opposite result. therefore we have to be smart people so we can respond to Bitcoin's movements to be able to follow its price movements, until finally the luck we have planned comes.


Title: Re: How was your first Bitcoin experience?
Post by: Ki kos on September 11, 2023, 03:26:16 PM
I got first idea about bitcoin from my very close friend.He used to invest in this bitcoin.Again I was unemployed and didn't earn any money then he asked me to invest in this bitcoin then after listening to my friend I invested in bitcoin.I also profited almost 15℅ first time.


Title: Re: How was your first Bitcoin experience?
Post by: TheSpiral on September 11, 2023, 05:11:15 PM
In gambling, once you've already bet that money, it is already declared that money is lost on you because, mostly, in gambling you'll be losing most of the time because it is a form of entertainment and not an investment or a way to make a living on it.

Investing in Bitcoin is very different from gambling because you have control over it. You can pull out your investment or add more, and it will take more time to gain profit, or if not, you will lose it all. In investing, you have a plan on how to make it successful, unlike in gambling, where the casino owner will take over your funds in no time.

Both are not same things as gambling is originated with more threats whereas in bitcoin investment you can minimize your loss through appropriate investment plan and wait for the appropriate time.

Some people correlate trading with gambling because in trading they shift towards progress step by using their luck in a place of mastery while investment in Bitcoin is very different from that of gambling.


Title: Re: How was your first Bitcoin experience?
Post by: Agbe on September 11, 2023, 05:20:52 PM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
Is there any need to tell you when you too does now even remember yours? At least you would have told us how you get your first bitcoin and how you feel at first and others would fallow suit but this one that you made a blank experience and want others to share theirs with you. I don't think this is a good idea. And as you said to yourself that you can't remember yours,it looks like I have forgotten mine as well but will definitely remember it again because my brain is not use to forget things though it happened sometimes but not frequently. I forget things when I did not store in the long memory.


Title: Re: How was your first Bitcoin experience?
Post by: Bushdark on September 11, 2023, 07:16:55 PM
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
Is there any need to tell you when you too does now even remember yours? At least you would have told us how you get your first bitcoin and how you feel at first and others would fallow suit but this one that you made a blank experience and want others to share theirs with you. I don't think this is a good idea. And as you said to yourself that you can't remember yours,it looks like I have forgotten mine as well but will definitely remember it again because my brain is not use to forget things though it happened sometimes but not frequently. I forget things when I did not store in the long memory.
I think op was nit ready to share his Bitcoin experience that is why he is still eager to ready other people's experience which is cool for me. Not everyone of us have a remarkable or a bad experience so far but there are people that are still yet to gain an experience that would worth reading and listening to. Having q odd Bitcoin experience is one of the adventure that will always make us to ready our bad days when when are holding Bitcoin without any knowledge of ending up losing our holding. The newbies might not understand this much but with time they will  understand how it felt and what it takes to have a Bitcoin experience.


Title: Re: How was your first Bitcoin experience?
Post by: Reatim on September 12, 2023, 03:35:46 AM
i start investing and indeed now I am earning and has a big chunk that waiting in my folio once the bull comes.
Earning income from Bitcoin investments? Isn't it true that to generate income from Bitcoin investments, you need to sell your BTC for FIAT currency at a higher price than your purchase price to make a profit?
you misunderstood my post mate, I have earned from my past selling and buying that's why
I am waiting now to see how much i may earn when the bull happens again.
Quote
I believe such occurrences can't happen every day. Despite Bitcoin's volatility, daily price fluctuations can't be relied upon for daily gains. Furthermore, in investing, one can't always be victorious.
the market is going up and down,
how can we expect to occur in daily basis mate , not unless the market is in bullying moment then there will be something like that.
Quote
Income from Bitcoin investments doesn't materialize on a daily basis unless you sell Bitcoin every day.
don't know where that came from , because I did not mentioned that in my whole post mate.