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Author Topic: What were your experiences with Bitcoin when you first started?  (Read 55268 times)
Kasabus
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January 18, 2018, 09:26:04 AM
 #1381

At first I am having a hard time to understand bitcoin because it's not a traditional investment and a currency.
But as I continue to study more I understand that Bitcoin is a great invention that could change the system of this world from centralized to decentralized.
In addition, I understand that decentralized transactions and more transparent and safe.

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1715436462
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Soranith
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January 18, 2018, 12:08:29 PM
 #1382

At first I am having a hard time to understand bitcoin because it's not a traditional investment and a currency.
But as I continue to study more I understand that Bitcoin is a great invention that could change the system of this world from centralized to decentralized.
In addition, I understand that decentralized transactions and more transparent and safe.
As long as you are eager to learn then it won't hard to understand bitcoin and the rest of the cryptocurrencies. I too had hard time understanding crypto at first the person who told me about bitcoin did not really made me understand what is bitcoin all about so I decided to do more research and understand what it is before investing my money and bitcoin did not failed me.
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January 18, 2018, 12:43:37 PM
Merited by lalunalaguna (2), Star_Bucks (1)
 #1383

I've started recently, My friend has told about it.  I try to be active in the forums.  I'd be able to join signature campaigns. It is not easy to join in a campaign because there are many  competitors.
We had the same situation, I only started this Bitcoin because my friend told me about it. It will not be easy from the start but when you become used to it those effort will not be wasted.
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January 18, 2018, 12:51:12 PM
 #1384

I experience a roller coaster ride like feeling at first. A lot of trial and error has been done. Instead of gaining I loose a lot because of uncontrollable emotion when it’s getting dip. I buy high and sell low in fear of loosing. 
Because of lack of knowledge and self learning process during those time.Until I realized that I always do the same mistake. I own 3 bitcoin at that time two years ago. at ¥80,000 buy price if only I’ve waited and had a knowledge back then.I profit a lot at this time.😂😂😂
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January 18, 2018, 12:53:52 PM
 #1385

When I first started using bitcoin I was really clueless,
I don't really know what to do on how to receive how to send and how will I earn,
Then I found out a group where they post every link where you could earn satoshi for free and some HYIP that you could invest in...
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January 18, 2018, 01:18:39 PM
 #1386

When I first started bitcoin i am one of those who panic so easily and then i had regret it afterwards. I had sell my bitcoin at loss value but now i had learned from my mistakes.

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January 18, 2018, 01:26:51 PM
 #1387

My experience when I first started bitcoin was that I tried by following a few campaigns then after I got paid I used it for trading, but I was unlucky in trading because I bought at a high price and now the price is down so all I can do now is hold
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January 18, 2018, 01:52:49 PM
 #1388

I was so eager to learn everything there is about bitcoin and this blockchain thing. I earned my first satoshi through bitcoin faucet, I was addicted to it, in fact I had an hourly alarm just to visit the said faucet. Cheesy Along the way, I was introduced to this forum and got a decent paycheck with my works, also I had the chance to find a mentor who taught me everything about mining, trading, buying ICO's, and the likes.

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January 18, 2018, 01:54:21 PM
 #1389

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?  Cheesy
First time my transaction got stuck {haha} and I waited about 1 week until the [Suspicious link removed]ive to me
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January 19, 2018, 05:15:40 PM
 #1390

When I first started bitcoin, I don’t know how to earn bitcoin without doing trading because I don’t have enough money for trading. So my friend told me to join a signature campign in order to have profit that I eill gonna use in trading. Then I read some topics and answers in this forum and applied it to earn bitcoin and with the help of my friends too.

Leanna44
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January 19, 2018, 05:33:38 PM
 #1391

At first it was really hard for me to u understand how its gonna work with bitcoin, the workmate of my husband introduced this bitcoin to me and he said that we can earn money from this and it was a good investment, it can really help, but i always ask questions again and again, and some things i dont understand i look up in youtube to catch more technuiqes and ideas...but to look forward someday i can achieve  my 1bitcoin as my reward...
Abiky (OP)
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January 19, 2018, 07:02:08 PM
 #1392

I was so eager to learn everything there is about bitcoin and this blockchain thing. I earned my first satoshi through bitcoin faucet, I was addicted to it, in fact I had an hourly alarm just to visit the said faucet. Cheesy Along the way, I was introduced to this forum and got a decent paycheck with my works, also I had the chance to find a mentor who taught me everything about mining, trading, buying ICO's, and the likes.

Nice. Faucet earnings back at the time when I've started with Bitcoin, were worthless. After holding most of the satoshis into a paper wallet, now they've become worth something. Just like you did, I spent hours on a faucet just to get some free satoshis. Every hour, I had a timer set in my computer, to claim my earnings.

The first faucet I've started with was Moon Bitcoin. I had a lot of fun with it, and nowadays it is considered one of the best faucets around as it accumulates satoshis over time, and lets you claim your reward at any time. While I didn't have a mentor like you did, I took the time to browse the forums and educate myself with Bitcoin and other cryptocurrencies in existence. It was then that I've joined signature campaigns and earned more Bitcoin than claiming satoshis from faucets.

Now, I want to learn more about the blockchain and become an expert to help others who're new into the field. I know that my experiences within the field would've been worth it in the long term. Wink

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Joemzz31
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January 20, 2018, 03:04:43 PM
 #1393

I experienced a lot in bitcoin, when I first started learning about bitcoin I am always excited to research about it and to invest in it because I know when I invest in bitcoin I can gain a lot of money.
target
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January 20, 2018, 05:10:06 PM
 #1394

I experienced a lot in bitcoin, when I first started learning about bitcoin I am always excited to research about it and to invest in it because I know when I invest in bitcoin I can gain a lot of money.

I just follow which coin is being pumped in yobit exchange when I first started. I lost money most of the time in trading than on joining the doubler site. Those were the days where there's not much scam ICO yet and users asks about escrows of the funds for the team. I'm not not seeing those scambusters these days, they use to be so eager to uncover scammers.

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January 20, 2018, 05:12:18 PM
 #1395

My experiences have been profitable!

Bitcoin is changing everything about money and creating new players in the game.

This is the time for new players in the game to emerge victorious  Kiss

Woah, and thats amazing in my own experience I have been so much terrified and as well being frustrated how can I get my own income or gaining here , which is eventually I realized that this is not a joke and this is not a type of working that you can expect your salary weekly, just have to be patient, which will be practice in Bitcoin.
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January 20, 2018, 06:25:02 PM
 #1396

when I first started using bitcoin I experienced many thing, first I'm so afraid in many sites because I am afraid to be scam.
Also didn't know how to earn bitcoin that day.i experienced to be scam when I start investing in it and I learned more from it and now I'm still investing and earning profit from a legit investing site and I'm very thankful about it.
I think many of people started with faucet, I remembered when i started bitcoin in early 2016. I used faucet to earn some satoshi but i realized it was a waste of time then i started investing in HYIP site but i was scammed. After that my friend told me to search bitcointalk, because there is having the easy way to get Bitcoin.
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January 20, 2018, 06:36:06 PM
 #1397

first time. I do not believe bitcoin. I think bitcoin is just a scam. And I learned about it 2 months, and I realized bitcoin was the future of the world. So I decided to invest in bitcoin

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January 22, 2018, 04:57:45 AM
 #1398

Bitcoin has been very profitable since my start.
Bitcoin and altcoins are changing everything about money and bringing new and more players in the game.
So this is the perfect time for newbies in the crypto world to emerge victorious. Buy, trade or invest bitcoin and make more profits.
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January 22, 2018, 05:32:31 AM
 #1399

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?  Cheesy

When I first got in this field, I felt that earning here is kinda slower than most people say. Before, I often got bored until I hit a good trade and earned a respectable amount. I got on the momentum of the market and let the flow carried me in the trading. Right now, I still be careful in my pace so I won't get overboard and regret.
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January 22, 2018, 12:59:12 PM
 #1400

I first heard bitcoin and this forum last year. My friends introduced me to this. Convincing me to join this forum and start to engage myself in bitcoin and cryptocurrency. I made my account last August. I found it interesting at first, but I don't have any motivation to continue posting and replying to the threads here. Also, the fact that I don't have any idea what bitcoin really is and what it can do made me lazy. After a week of posting to nonsense threads just to gain activities, I stopped. I thought earning bitcoin is easy, but now, I don't think so. You need patience and perseverance if you want to earn something. I started to use my account again last November. I'm now replying to relevant threads. I research whatever I don't know just to answer not just the threads but also my curiosity. I made my way again. I'm really more interested in bitcoin and crypto now. Now, I'm already part of a signature campaign. I strive not only to earn more but also to learn more.

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