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Author Topic: My 0.1 BTC Journey  (Read 1696 times)
CarnagexD
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May 30, 2020, 09:31:42 AM
 #41

If I'm not mistaken on the previous year on December the market price of the bitcoin drops and just on this January to up to April is the highest market peak of the coin which is good that you bought on the dip of the market price of the coin there is a lot of profit if I'm not mistaken. By that kind of technique you can earn a lot of income but still always take care of the market volatile it is quite risky. Having a 0.01 balance is huge right now because the market price of the coin is high which is good to keep up earning. Many people most of the seniors of us are sharing an idea to the newbies what are the things they can get while on investment and that is if you have extra money and you don't need too much why not make an investment which is the bitcoin investment even it takes a lot of time before you will get your income.

I would like to encourage you to earn more knowledge what are the other things to get increase and multiply your 0.01 but still always take care make a research first before entering into a business that you would like to take because they are a lot of scammers out there.

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May 30, 2020, 10:10:46 AM
 #42

In December 2019, one of my client offered to pay me in btc, just for a trial I accepted his offer. It was just 20 USD but after that my primary mode of receiving payments became btc.
Welcome to Bitcoin Smiley

A word of caution though: if you've been collecting many "small" amounts of Bitcoin, you may be surprised at the fees you'll have to pay if you ever want to send them. If that's the case, it's better to Consolidate your small inputs when fees are low and you're not in a rush to spend your coins.

Also make sure to properly store your coins, don't rely on for instance an online wallet or exchange any longer than needed.

Thank you so much for the encouragemen. You gave 6 merits to my post, that's so nice of you.
Yes I understand your point of securing BTC, as once they lost they cant be regained.
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May 30, 2020, 10:30:37 AM
 #43

I shall root for you. I will always have a degree of respect for hard-working people. While Bitcoin could represent the currency of our future, we musn't forget that the cryptocurrency field is still uncertain. I'd throw some words of caution to you. If freelancing is your single source of income than I would only put up to 50% in Bitcoin depending on your risk tolerance. Believe me, you don't want to spend entire days and years on uncertain assets.
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June 01, 2020, 10:16:07 AM
 #44



You have an inspiring story and the big lesson here is to look for opportunities to accumulate Bitcoin. I for one accumulated my Bitcoin doing some freelance work and making sure that I hold on to my portfolio never allowing any temptation to convert the same for personal use. Bitcoin is the future of money and finance especially in the light of the many events that occurred recently in the global scale. I do believe that this is the best time to add more Bitcoin and so if anyone here is kind enough to deposit Bitcoin to my address just give me a heads up (just kidding).
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June 01, 2020, 11:09:45 AM
 #45

I shall root for you. I will always have a degree of respect for hard-working people. While Bitcoin could represent the currency of our future, we musn't forget that the cryptocurrency field is still uncertain. I'd throw some words of caution to you. If freelancing is your single source of income than I would only put up to 50% in Bitcoin depending on your risk tolerance. Believe me, you don't want to spend entire days and years on uncertain assets.

you mean he will withdraw the rest 50 percent of his btc or convert to fiat  ?  or also he will recieve some payments in non crypto form  ?

 thats cool too not because the future of btc is uncertain but because btc value is unpredictable  .

 its bad if he will lost most of the value of his hardwork for many months and years  just because btc price go down   .
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June 01, 2020, 11:38:38 PM
 #46

--

Edit. Many senior member asked to do share the path. I am a freelancer writer on crypto and blockchain. In December 2019, one of my client offered to pay me in btc, just for a trial I accepted his offer. It was just 20 USD but after that my primary mode of receiving payments became btc. Since in btc you get complete payment without any middlemen and within few hours. Honestly I realized benefits of btc after I received my first payment of 20 USD before that I thought its just a buzz word.
That potential and opportunity you really use well. Even though at first you were doubtful, but after seeing the good opportunity that you have, you can accept it. Really valuable experience, you get lots of opportunities at once, work-salary-investment.
That's your lucky path, you get BTC at the right time. I think you also know the risks because BTC is very volatile, it could be that your hard work becomes useless when the market goes down, need the right strategy to control this.
I'm also trying to find my lucky path with BTC.

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June 02, 2020, 12:01:47 AM
 #47

That was also my goal back in 2017 but i got tempted with the things that i want to buy and other activities such as going out with my friends. So instead of accumulation my Bitcoin slowly decrease and im having second thoughts into buying the current price which is $9000 level because it might go down.

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June 02, 2020, 12:52:35 AM
 #48

I want to point to something..
In my opinion it is wrong to invest all your money in one thing which in your case was BTC
Diversifying the portfolio is one of the abc's of cryptocurrency industry in general
It also took me a while to get to 0.1 BTC but not with investments alone...
Good luck in your journey...

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June 02, 2020, 09:33:53 AM
 #49

I started my journey of gathering btc in Dec 2019, with aim to accumulate 0.1 BTC. After 6 months I managed to accumlate 0.1 BTC. My original intention was to stop accumulation as soon as I have 0.1 btc but now I think I should go for 1 btc.
My suggestion to everyone out there is to invest as much as you can in bitcoin. Since we are in very uncertain situatoon and Bitcoin may be our new savior.  
Goog luck to everyone.

Edit. Many senior member asked to do share the path. I am a freelancer writer on crypto and blockchain. In December 2019, one of my client offered to pay me in btc, just for a trial I accepted his offer. It was just 20 USD but after that my primary mode of receiving payments became btc. Since in btc you get complete payment without any middlemen and within few hours. Honestly I realized benefits of btc after I received my first payment of 20 USD before that I thought its just a buzz word.

You might have done a lot of work in order to accumulate 0.1 btc in just 6 months when this is getting paid 20 USD.
The only way to achieve it, is to get paid 20 USD for every post you are writing. If you write a lot of posts per week then this is going to give you this money.
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June 02, 2020, 09:40:09 AM
 #50

I'd like to congratulate you with your first ever goal to be achieved and it's nice to hear from you that you won't stop anymore and instead, you want to increase the amount up to 1 BTC.

You might have done a lot of work in order to accumulate 0.1 btc in just 6 months when this is getting paid 20 USD.
The only way to achieve it, is to get paid 20 USD for every post you are writing. If you write a lot of posts per week then this is going to give you this money.
I think so too.

It's a nonstop article writing on his end and that probably built a good relationship and connection to his client that paid him. He can achieve more and accumulate as much as he can if he will keep on receiving payments in bitcoin.

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June 03, 2020, 06:51:05 AM
 #51

I'd like to congratulate you with your first ever goal to be achieved and it's nice to hear from you that you won't stop anymore and instead, you want to increase the amount up to 1 BTC.

You might have done a lot of work in order to accumulate 0.1 btc in just 6 months when this is getting paid 20 USD.
The only way to achieve it, is to get paid 20 USD for every post you are writing. If you write a lot of posts per week then this is going to give you this money.
I think so too.

It's a nonstop article writing on his end and that probably built a good relationship and connection to his client that paid him. He can achieve more and accumulate as much as he can if he will keep on receiving payments in bitcoin.

Thank you very much for your appreciation.
It was not 20$ for every article I wrote. Price varies from article to article. 20$ was the first payment I received in Bitcoin. It really helped me practically understanding what Bitcoin is.
Here 20$ are paid to hero and legendary members not to Jr members like. I have to be at that level to gets these 20$.
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June 03, 2020, 07:14:17 AM
 #52

It is always nice to have some back ups and emergency funds so I think I would put it all on Bitcoin so even if I wouldn't spend it there is a great chance that I could earn profit by holding it.
I think I would start it soon when I already have enough or stable income to support my continues investment and so that I wouldn't need to spend my Bitcoin savings.
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June 03, 2020, 07:36:15 AM
 #53

That's great, we should not stop dreaming to have only 0.1 BTC, in order for us to be the successful person we should dream high. But always know our limitations, being greedy would make us failed.

Investment is really good, aside of saving our money we also make it profitable. Instead of spending it on other things try to use it for investment, it would help us for our future.

Have a look with this thread, a boy who have $1000 at the age of 12 and became rich at the age of 19, it would motivate you to invest your money: https://bitcointalk.org/index.php?topic=5249576.msg54460219#msg54460219

No doubt investment is better than saving and right now bitcoin is a confirmed good investment but for the boy to put a thousand dollars in bitcoin as at then that means he had a lot coming. Recall the value of a thousand dollars was worth more than now. And still a thousand dollars is not still small.  Bitcoin then wasn’t realistic nobody believed in it and it could have also gone the other way and his money is gone. Anyways he would still be leaving with his parents so he will survive

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June 03, 2020, 01:24:19 PM
 #54

To get 0.1btc used to be an easy task when i join to this crypto world, in 2014 the price was around $300, so 0.1btc was around $30... And it is crazy to see how with time becomes harder and harder... Is like if I ask you, how hard is to get 0.001BTC, anyone can access to that amount, but maybe in 10years 0.001 will be an amount hard to get, just like we see nowadays with 0.1btc.

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June 03, 2020, 02:14:47 PM
 #55

To get 0.1btc used to be an easy task when i join to this crypto world, in 2014 the price was around $300, so 0.1btc was around $30... And it is crazy to see how with time becomes harder and harder... Is like if I ask you, how hard is to get 0.001BTC, anyone can access to that amount, but maybe in 10years 0.001 will be an amount hard to get, just like we see nowadays with 0.1btc.

The most heard word about BTC is "it's too late".
When BTC touched 100$, people start saying it's too late. Same was heard about BTC when it touched 1000$. Even today people say it's too late.
May be we are still far away  from "real too late".
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June 03, 2020, 02:28:04 PM
 #56

Congratulations on achieving 0.1 BTC, and on setting yourself that new goal. You sound very sensible, and have done well by earning the money. There is a risk I suppose in that setting a lofty goal can then lead you to take risks to achieve it - it would be tempting for a lot of people to start gambling that 0.1 BTC in risky trades in the hope of coming out x10 up... but it sounds like you won't do that. If you are tempted, remember how risky trading can be!






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June 05, 2020, 12:17:37 AM
 #57

I am happy to see such person who achieved a goal like you, OP. As you all know, I also have a target goal within this year, too. Not that high goal but pretty much sure I can achieved that. Your story actually an inspiration.
 
 When I did my first signature campaign, I don't have any target and just spending it without thinking about the future. But things have changed and setting up a goal is a good way to save up bitcoin and get some good profits when market  pump. That hit me realized that if we set a goal in life, we definitely become a successful crypto enthusiast who took the risk from the volatile market.
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June 05, 2020, 07:05:27 AM
 #58

I really love to invest more on bitcoin also as long as i have enough money to buy more i be really happy to do that. But one day when i stop in my work i don't have a choice but to cut slowly on my bitcoin investments until now i have only a few bitcoin in my wallet because i was using it to help sustain my families needs everyday and it really help us.

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June 05, 2020, 08:36:37 AM
 #59

@OP: Very good attitude and keep going. It is very important that people like you start accepting a payment in bitcoin for their work. This helps to spreadd the message of Bitcoin and for sure it helps to help Bitcoin with real use cases.

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June 05, 2020, 08:45:31 AM
 #60

I totally agree with you, now I use to take some money from my salary and invest them in the BTC.
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