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Author Topic: Just got my first bitcoins a few months ago, how lucky, and it was luck for me.  (Read 439 times)
grumpygit (OP)
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August 28, 2017, 11:38:26 AM
 #1

I just wanted to make the excuse as a new member to say hello, but I do have a few tame questions  Smiley and share a few thoughts.
I like to spread my investments like many do, the vast majority are safe, well as safe as you can be these days. But I do have a pot of usually anywhere between 7% to 15% of more high risk investments and usually by far my most fun investments. That is probably a bad attitude to have when it comes to investing, but we live once, unless that is you are buddhist.

I was cynical and fearful of Bitcoin a few years ago, mostly the fear came from not understanding.  But this year I read up a little along with a good mate pointing out to me "Do you really understand how banks work these days", and though I do a little, I really don't undertstand fully what they get up to, as most people don't.  I am still a little fearful but there is so much I like about Bitcoin and the possibilities for it's future, it really could go all the way, and it is so much more honest than fiat currencies. Bitcoin is now my riskier investment and alreadt providing me with a little fun.

I purchased my first lot of bitcoin a few months ago, wow what a start. Even though I am in for the long term it lifted me to see how well it was doing straight away. What I would like to know from some of you is what do you think of [Suspicious link removed] who I use, no complaints yet, but just want others opinions and are the better places to buy britcoins, and I will be buying more.

And is there any good literature any of you would recommend, read loads of stuff online, but sure there is a lot more. And I have noticed that some great minds love Bitcoin from what I can see, but  the mainstream are just terrified of it still. And that's probably my main reason for choosing bitcoin, if those people can be won over by what could be a great idea that could change the world, this could be big, but I do know how these thngs work, even great ideas can end up in the bin.
jaceefrost
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August 28, 2017, 11:43:29 AM
 #2

Welcome here in the forum mate. It's a good choice for you that you bought bitcoin considering the potential price of bitcoin now. You could've made more profit if you bought 2 months ago from now but it's always a good time to get some. Btw, your link has been removed. You may want to edit that so we can see which site you used in buying bitcoin.

As for something to read about bitcoin, check their wiki https://en.bitcoin.it/wiki/Main_Page
There's also a lot of good stuffs you can read here in the forum and on reddit.
grumpygit (OP)
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August 28, 2017, 11:55:55 AM
 #3

Hi Jace

Thanks for the welcome and the links, will check them out this afternoon. I have already made a decent profit by the way, just wished I had got in 2 years ago rather than 2 months, I am wanting to hold bitcoins going into the 2020's
I did say where I got my bitcoins after a good write up in the FT, but it has been removed, I don't want to put the name up again in case I get into trouble, but I would like to hear peoples opinions on them.
davis196
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August 28, 2017, 12:04:37 PM
 #4

Hi Jace

Thanks for the welcome and the links, will check them out this afternoon. I have already made a decent profit by the way, just wished I had got in 2 years ago rather than 2 months, I am wanting to hold bitcoins going into the 2020's
I did say where I got my bitcoins after a good write up in the FT, but it has been removed, I don't want to put the name up again in case I get into trouble, but I would like to hear peoples opinions on them.

If you would like to hear peoples opinions about some cryptocurrency service or platform,then you should post in the "Service discussion" forum board.I`m the same like you.I wish i was into bitcoin back in 2014, when the price was only 200 USD.You say in the thread title that you were lucky.Where did you get your bitcoins?
Did you win some bitcoin lottery?

Authorize
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August 28, 2017, 12:06:25 PM
 #5

Nice! Never too late to get into it.

Just got started on these forums myself
Scorpion
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August 28, 2017, 12:16:08 PM
 #6


Congratulations. Yes I guess it was part luck but part you did the research and made a decision on it too, so give yourself credit for that. I listen, watch, and read a lot of material online:

Samson Mow (Twitter)
Andreas M. Antonopoulos (Twitter, YouTube)
Boxmining (YouTube, Steemit)
BTC Sessions (YouTube).

And that's just a select few I like, there's a ton more but I'll let you explore and discover for yourself what you like.

Hamphser
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August 28, 2017, 12:16:50 PM
 #7

Hi Jace

Thanks for the welcome and the links, will check them out this afternoon. I have already made a decent profit by the way, just wished I had got in 2 years ago rather than 2 months, I am wanting to hold bitcoins going into the 2020's
I did say where I got my bitcoins after a good write up in the FT, but it has been removed, I don't want to put the name up again in case I get into trouble, but I would like to hear peoples opinions on them.
You just wasted up the opportunity on buying cheaper coins 2 years ago but well we cant do anything about it but we should moved on and as you said above its never been late on buying bitcoins and as you speak you did bought your 1st bitcoin on past 2 months im sure you are really on profits now since the price had rose on this month alone. If you do plan to HODL then it would be a nice choice and by the way , welcome to this forum mate.

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Last of the V8s
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August 28, 2017, 12:32:45 PM
 #8

http://trilema.com/

grumpygit (OP)
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August 28, 2017, 12:41:46 PM
 #9

Hi Jace

Thanks for the welcome and the links, will check them out this afternoon. I have already made a decent profit by the way, just wished I had got in 2 years ago rather than 2 months, I am wanting to hold bitcoins going into the 2020's
I did say where I got my bitcoins after a good write up in the FT, but it has been removed, I don't want to put the name up again in case I get into trouble, but I would like to hear peoples opinions on them.
You just wasted up the opportunity on buying cheaper coins 2 years ago but well we cant do anything about it but we should moved on and as you said above its never been late on buying bitcoins and as you speak you did bought your 1st bitcoin on past 2 months im sure you are really on profits now since the price had rose on this month alone. If you do plan to HODL then it would be a nice choice and by the way , welcome to this forum mate.

To be honest Hamphser, I am not going to beat myself up on the timing, most people were like me and thought it was a fad, the clever ones who got in years ago deserve their just rewards.
But where I think we could still be lucky is that the bitcoin just has not reached that maninstream acceptance yet, 2017 could still be looked back upon in the 2020's as a magical time when we purchased.

I am so lucky as well, I have already built up a buffer for my bitcoin punt by pure chance, I always find the early days of an investment can be a back step. Bitcoin has already had a few 50% crashes befor bouncing back and I am already covered for near that, so that now takes the pressure off. But I have sneaking suspicion that after a little bit more research I am going to get more.
cellard
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August 28, 2017, 02:08:40 PM
 #10

Hi Jace

Thanks for the welcome and the links, will check them out this afternoon. I have already made a decent profit by the way, just wished I had got in 2 years ago rather than 2 months, I am wanting to hold bitcoins going into the 2020's
I did say where I got my bitcoins after a good write up in the FT, but it has been removed, I don't want to put the name up again in case I get into trouble, but I would like to hear peoples opinions on them.
You just wasted up the opportunity on buying cheaper coins 2 years ago but well we cant do anything about it but we should moved on and as you said above its never been late on buying bitcoins and as you speak you did bought your 1st bitcoin on past 2 months im sure you are really on profits now since the price had rose on this month alone. If you do plan to HODL then it would be a nice choice and by the way , welcome to this forum mate.

To be honest Hamphser, I am not going to beat myself up on the timing, most people were like me and thought it was a fad, the clever ones who got in years ago deserve their just rewards.
But where I think we could still be lucky is that the bitcoin just has not reached that maninstream acceptance yet, 2017 could still be looked back upon in the 2020's as a magical time when we purchased.

I am so lucky as well, I have already built up a buffer for my bitcoin punt by pure chance, I always find the early days of an investment can be a back step. Bitcoin has already had a few 50% crashes befor bouncing back and I am already covered for near that, so that now takes the pressure off. But I have sneaking suspicion that after a little bit more research I am going to get more.

Remember to run a full node, it's the best way to support the network. You can download the software at www.bitcoin.org

It will take a while to download, but leave it running at night and you will have the blockchain downloaded in a couple of days and you will be ready to validate your own transactions

You can also get the wallet.dat file and save it offline in USBs or whatever so you aren't at risk of getting hacked. Remembering to make constant backups of your wallet.dat
andrew24p
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August 28, 2017, 02:40:18 PM
 #11

Honestly you might just be better off reading stuff online, just make sure you use reputable sources that is probably the biggest problem in this space. Try to find semi unbiased people, which is really hard ill admit.

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grumpygit (OP)
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August 28, 2017, 03:15:42 PM
 #12

Honestly you might just be better off reading stuff online, just make sure you use reputable sources that is probably the biggest problem in this space. Try to find semi unbiased people, which is really hard ill admit.


The one thing that already strikes me with this forum is the size of interest in Bitcoin, that is interesting in itself. I think right now so many people are hung up about the rapid gains from only a few years ago that they cannot see the full potential that is left.

Bitcoin has the potential to be revolutionary and at the very least could could put the fear of god into evil central banks, and that's good enough for me.

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October 12, 2017, 01:58:18 AM
 #13

I just wanted to make the excuse as a new member to say hello, but I do have a few tame questions  Smiley and share a few thoughts.
I like to spread my investments like many do, the vast majority are safe, well as safe as you can be these days. But I do have a pot of usually anywhere between 7% to 15% of more high risk investments and usually by far my most fun investments. That is probably a bad attitude to have when it comes to investing, but we live once, unless that is you are buddhist.

I was cynical and fearful of Bitcoin a few years ago, mostly the fear came from not understanding.  But this year I read up a little along with a good mate pointing out to me "Do you really understand how banks work these days", and though I do a little, I really don't undertstand fully what they get up to, as most people don't.  I am still a little fearful but there is so much I like about Bitcoin and the possibilities for it's future, it really could go all the way, and it is so much more honest than fiat currencies. Bitcoin is now my riskier investment and alreadt providing me with a little fun.

I purchased my first lot of bitcoin a few months ago, wow what a start. Even though I am in for the long term it lifted me to see how well it was doing straight away. What I would like to know from some of you is what do you think of [Suspicious link removed] who I use, no complaints yet, but just want others opinions and are the better places to buy britcoins, and I will be buying more.

And is there any good literature any of you would recommend, read loads of stuff online, but sure there is a lot more. And I have noticed that some great minds love Bitcoin from what I can see, but  the mainstream are just terrified of it still. And that's probably my main reason for choosing bitcoin, if those people can be won over by what could be a great idea that could change the world, this could be big, but I do know how these thngs work, even great ideas can end up in the bin.



It's a good decision sir but you need to read more sir so that you can earn more there are so many ways here to earn money. You can also ask the person that is a Bitcoin expert in your country so that he/she can tell you the information that he/she knows and he/she can help you more to earn on it.
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October 12, 2017, 02:12:13 AM
 #14

Quote
And is there any good literature any of you would recommend, read loads of stuff online, but sure there is a lot more. And I have noticed that some great minds love Bitcoin from what I can see, but  the mainstream are just terrified of it still. And that's probably my main reason for choosing bitcoin, if those people can be won over by what could be a great idea that could change the world, this could be big, but I do know how these thngs work, even great ideas can end up in the bin.

Yeah, everyone is still weary, so newcomers can still be considered early adopters. Bitcoin is doing really well for itself, and it still has a lot of untapped potential. Welcome to the cryptocurrency world!
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