What were your experiences with Bitcoin when you first started?

[lx001]

My biggest problem was buying bitcoin itself. The only way I knew was to use virwox, it is a complicated process and huge fees, even now I had to use paypal to buy some, and in the end 20 euros turned into 12 in btc

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[sergio red]

well, the first ever experience with bitcoin was so smooth for me, because one of my cousins told me as well as directed me a very friendly way. that is the way I did not face any hassle for entering into this valuable forum. I am really grateful to him for his support.

[abel1337]

My friend Introduced me bitcoin around 2012 and the bad thing is he only knows to invest to hyip site and he taught me that only. Investing on hyip before is quite good because a hyip site has a long period before it turn to scam , but after rolling my money on hyip site. It finally scam me , All profits  and capital has scammed by the hyip owner. That time I was discourage to use thats why I stop using bitcoin , After a year I came back and use bitcoin again and the bad thing Is the bitcoin price before is only 250$ as far as I recall , If I bought alteast 20 bitcoins today I will earn to much profit from it.

[maku]

My biggest problem was buying bitcoin itself. The only way I knew was to use virwox, it is a complicated process and huge fees, even now I had to use paypal to buy some, and in the end 20 euros turned into 12 in btc

Why are you intend to use methods to buy btc which are burdened with the highest possible fees.
PayPal and VirWox are only good when you want to buy small amount of BTC very fast - it's emergency way of buying coins.
Don't tell me you live in a country where there is no local exchange, or using Coinbase or exchange with global presence is not avaiable

[Abiky]

I don't work very long with Bitcoin, I still have a lot to learn and understand.

Well, most of us having a lot of time in experience in Bitcoin, have a lot to learn too, since the technology underlying the digital currency is complex, and involves many subjects like Cryptography and more. I, myself have been almost 3 years in Bitcoin, and it is still the day which I need to learn more about the technical aspects of it, to become an expert in the future.

It is all about patience and dedication, to better understand and make use of the revolutionary technology that powers today's cryptocurrencies, thanks to Nakamoto's creation. So, if you persevere in Bitcoin, your efforts will be very rewarding in the long term. Just my opinion. 

[Theb]

My friend Introduced me bitcoin around 2012 and the bad thing is he only knows to invest to hyip site and he taught me that only. Investing on hyip before is quite good because a hyip site has a long period before it turn to scam , but after rolling my money on hyip site. It finally scam me , All profits  and capital has scammed by the hyip owner. That time I was discourage to use thats why I stop using bitcoin , After a year I came back and use bitcoin again and the bad thing Is the bitcoin price before is only 250$ as far as I recall , If I bought alteast 20 bitcoins today I will earn to much profit from it.

That is the common mistake for us newcomers in Bitcoin in which we all think that this is the only way on how to earn money via HYIP (Which I really don't consider as a kind of investment).  Also the good thing is you have been introduced by your friend early on about Bitcoin but you have missed the opportunity of the lifetime on making your capital more than triple the amount. Well we can all learn from out mistakes.

[ethereumhunter]

My friend Introduced me bitcoin around 2012 and the bad thing is he only knows to invest to hyip site and he taught me that only. Investing on hyip before is quite good because a hyip site has a long period before it turn to scam , but after rolling my money on hyip site. It finally scam me , All profits  and capital has scammed by the hyip owner. That time I was discourage to use thats why I stop using bitcoin , After a year I came back and use bitcoin again and the bad thing Is the bitcoin price before is only 250$ as far as I recall , If I bought alteast 20 bitcoins today I will earn to much profit from it.

That is the common mistake for us newcomers in Bitcoin in which we all think that this is the only way on how to earn money via HYIP (Which I really don't consider as a kind of investment).  Also the good thing is you have been introduced by your friend early on about Bitcoin but you have missed the opportunity of the lifetime on making your capital more than triple the amount. Well we can all learn from out mistakes.

but reality i think new people is attracting in bitcoin world from HYIP programs or investment programs. i remember that in last year or two year ago, one MLM is really famous to attracting people and many of them is join in that programs but finally, in this years that programs is getting drop and many of that people is getting scam.

[mimini0147]

I was just your average joe really, I did not know anything about Bitcoin, I just wanted a get rich quick scheme but I ended up getting a whole lot more then what I asked for. Before the time of me finding out about bitcoin I had a normal job at a package handling service, but the timings had given me too much stress and I could not bare it anymore so I quit. I thought bitcoin might help me out and it sure did. I did invest into some ponzi/hyips but I got lucky on some and managed to get my money plus extra back. I also was gambling a lot and made quite a lot of profit from that.

[Lady Coquet]

My experience when i first use bitcoin ofcourse it's hard because I've been asking many questions to my friend what are the things that should i do ? and not to do? in using bitcoin. My friend was a big help to me because he answers every questions that i ask. So today i know a lot about bitcoin because I've been learning since the first day that i first use bitcoin.

[babysweetTiger0401]

I would like to know what experiences did you had when you first started with Bitcoins. As for me, I had many that I would like to share with you.

When I began in the Bitcoin world, I was a complete rookie with no proper knowledge of how did mining worked or anything about cryptocurrencies. I just thought about Bitcoin as another payment processor like PayPal. But when I joined the BitcoinTalk community, I learned so many things along the way. In my process of learning in the first days, I decided to invest into cloud mining services. Since I didn't knew much about it, I invested a plenty amount of Bitcoins to start my journey into it. During that time, I had gotten into many different services. Those were GAW Miners, then Cointellect, cloudminr.io and finally Hashnest. After getting scammed many times by the services mentioned previously, (except for Hashnest) I have lost many Bitcoins. As a result, I decided to never invest into cloud mining and thus dedicate myself into learning more about the cryptocurrency and look for other ways to earn Bitcoins. It was then that I enrolled into the signature campaign that I am currently into and during all that time I began to earn Bitcoins as well as diversify my investments into different alt coins. Now I am dedicated to trading Bitcoins and other alt coins, as well as working for it (like the signature campaign and working as a freelancer) in order to earn coins and build up my portfolio along the way.

Anyways, what would be your experiences with this exciting cryptocurrency? 

When I was starting in bitcoin of course I don't know anything about it, I just only heard and read it most of the in a socials media, until one day I became curious about the Bitcoin. After I heard it, I search it in google what is really all about until I found that it is a digital payment online, then by it was the beginning of my journey on Bitcoin.

[MoneyIsDebt]

My biggest problem was buying bitcoin itself. The only way I knew was to use virwox, it is a complicated process and huge fees, even now I had to use paypal to buy some, and in the end 20 euros turned into 12 in btc

related to me in near past when i was just started my biggest problem was its conversion from fait money to bitcoin because at that time the price was really low and i was expecting rise in it so, i was searching for the source of it so, that was my biggest problem in near past when i was just started.

[Abiky]

That is the common mistake for us newcomers in Bitcoin in which we all think that this is the only way on how to earn money via HYIP (Which I really don't consider as a kind of investment).  Also the good thing is you have been introduced by your friend early on about Bitcoin but you have missed the opportunity of the lifetime on making your capital more than triple the amount. Well we can all learn from out mistakes.

For every new Bitcoin user, it's the usual thing to see HYIPs or even cloud mining as a serious investment. By that time, we've made many mistakes in our investments, by the lack of guidance of someone experienced in the field, but as time went by, we've discovered reality by exploring the forums, or by any other means.

While HYIPs offer great returns for your investment, it would never serve as a stable and reliable investment, as usually they turn out to close up shop and run away with your hard-earned money. Cloud mining in return, is also a scam, since many cloud mining providers tend to steal your money, not to mention that it would be very hard to reach ROI in less time. There are a few reputable cloud mining companies like Genesis Mining and Hashnest from Bitmain, but again, your chances of reaching ROI would be very minimal.

Nevertheless, it is always best to seek out advice from those in the Bitcoin community which have years of experience, to help you move forward in this field, and increase your knowledge. Just sharing my thoughts. 

[kikeda]

When I firstly heard about bitcoins I thought that its a pure scam and its not worth to invest money in it as in long run it will only give me loss so after doing some great research I found that its an genuine way of earning some extra money.

[Qartersa]

I started with Bitcoins in 2013. Basically, I bought Bitcoins with the use of fiat. I used to buy Bitcoins from a local exchange and use it to gamble on nitrogen sports. Thereafter, I use it to bet it on NBA games.

Truth be told, the use of Bitcoins has not been an easy road to take considering the factors that lead me to question every online transaction. Also, at that time, Bitcoin was a bit new in the market where I came from. Thus, parting with my money in exchange for Bitcoins really makes me obsessively anxious. Well, I guess it is part of gambling after all. Otherwise stated, it is a quintessential part of business after all. Perhaps taking risks is key.   

[apoorvlathey]

I first heard about bitcoins on nat geo's show about money n 2013. After the episode I forgot about it. In 2015, there was a rerun of the same episode and after that I searched about "Bitcoin", got some basic knowledge, started with coinbase as my first wallet. Initially I thought that bitcoins can be generated at home by mining. I ran miner on my laptop and due to extreme heating it automatically went off. After struggling for few days, I learned about mining that quit it. Started using faucets for a month, invested the satoshis in a ponzi website and BOOM ! Scammed !
Later I found out this wonderful forum from where my bitcoin earnings skyrocketed !

[mdzahed134]

I started my bitcoin life in 2016.First time I don't know what is bitcoin & why use bitcoin then one of my best friend help to know about details bitcoin.First time I claim for some satoshi earn from some bitcoin sites.

[cryptotalk]

When I first came across cryptocurrencies and bitcoin, it blew my mine about this world that existed beyond normal everyday life, that most people have little or no knowledge of. At first I was sceptical, but cryptocurrencies are no worse that fiat currencies which can be highly manipulated -at least there is a public ledger with bitcoin. Bitcoin or something like it will certainly be the future of transactions around the world, free from middle men controlling everything and allowing everyday people access trade without all the red tape. A very welcome development, only in its infancy.

[ManOnTheMoon]

At primary stage it was bit confusing for me to learn how to earn bitcoins but my friend helped me in teaching the ways to earn bitcoins and after that I have never looked behind and earning bitcoins on regular basis and its always an positive feeling and experience when you find a way to earn good amount of money.

[Abiky]

When I firstly heard about bitcoins I thought that its a pure scam and its not worth to invest money in it as in long run it will only give me loss so after doing some great research I found that its an genuine way of earning some extra money.

Most people think about the same way, when they first get into Bitcoin. The vast field of scammers around within the Bitcoin digital currency, has made many people believe that BTC itself is a scam when it is not. But, those who remain into Bitcoin, will later realize that the same gives them huge opportunities to make profit.

These days, people are looking into Bitcoin as a serious investment, than it was a few years ago like the Wild West. The positive happenings on Bitcoin, overcomes the negative ones, eventually leading its path towards becoming mainstream.

I think that most of us learned by experience and by exploring the forums within our early days of Bitcoin. Thanks to the knowledge earned, we can share it to others who're in their first steps in the cryptocurrency world. Just my thoughts. 

[richkellj]

I started my bitcoin life in 2016.First time I don't know what is bitcoin & why use bitcoin then one of my best friend help to know about details bitcoin.First time I claim for some satoshi earn from some bitcoin sites.

Oh! You started it quite late than that of me. I encountered it for the first time in 2011, at that time my concept was not clear about the bitcoin and later on in 2013 I started the Bitcoin. I find it a very interesting journey for myself and the others who are related to it.