keithers (OP)
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Merit: 1001
This is the land of wolves now & you're not a wolf
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January 06, 2014, 05:51:00 PM |
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I like reading these stories from people. Here is my brief little story of how I bought my first bitcoin...
I got introduced to bitcoin by a buddy at my office. He received 500 bitcoins as a wedding present from his brother in law (who I found out is "Bitcoin Jesus"),back when they were only a couple dollars each.
He kept urging me to get into bitcoins. Unfortunately, I didn't listen. He told me again, when they hit $50/coin. I still did not listen. This was mainly because a bunch of other guys at my office just had lost a bunch of money investing in Zeek's Rewards right before the Feds shut it down. He told me once again when they hit $100, and then $150. By the time I finally listened, it was at like a 3 month high of $231 per coin (back in November). I finally signed up at coinbase.com and I only decided to buy 3 BTC, because I felt like I was buying in at the highest price in a long time (I wish I bought more). Bitcoin has skyrocketed since.
After getting comfortable with the process, I wanted to get invested into another currency that was a lower price with more upside potential. That is how I found litecoin. I did a little research and then sent 2 BTC over to btc-e.com. With that I was able to purchase a little under 300 LTC, when the price was about $3.74/coin. Of course I wish I would have bought more!
Now the roles were reversed. I kept telling the same buddy to get some money into LTC, but he wouldn't listen to me. Fast forward a few weeks and the price jumped up to about $48/coin. The same buddy now sent over BTC and converted them to 1000 LTC. Now we are both pretty heavily invested in BTC and LTC
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