pawanjain (OP)
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December 05, 2020, 02:41:07 PM Last edit: December 05, 2020, 02:58:37 PM by pawanjain |
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I have seen many people here on this forum who have never actually bought bitcoin including myself. We are the guys who love bitcoin deeply and have explored different ways to accumulate bitcoin. I have tried to acquire as much bitcoin(Satoshis actually, never accumulated a whole bitcoin ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) ) as I can and then traded it to increase my portfolio. The poll results won't matter much but it might motivate some people to find ways to accumulate bitcoin too. Also, it would be fun to see how many people are there who belong to same category. Most probably these would be the early users who would fall in this category (not necessary though)
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Fesatmas
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December 05, 2020, 02:49:39 PM |
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I have seen many people here on this forum who have never actually bought bitcoin including myself. We are the guys who love bitcoin deeply and have explored different ways to acquire bitcoin. I have tried to acquire as much bitcoin(Satoshis actually, never acquired a whole bitcoin ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) ) as I can and then traded it to increase my portfolio. The poll results won't matter much but it might motivate some people to find ways to acquire bitcoin too. Also, it would be fun to see how many people are there who belong to same category. Most probably these would be the early users who would fall in this category (not necessary though) I last held almost 12 bitcoins in 2017, and in that very moment I actually spent them. not left till now. wrong strategy i did. probably obsessed with the first halving. that's an experience that I can't forget. because before 2017, right 2015 and 2016 I spent two years collecting and miracles really came to my life.
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kryptqnick
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December 05, 2020, 02:55:27 PM |
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I have seen many people here on this forum who have never actually bought bitcoin including myself. We are the guys who love bitcoin deeply and have explored different ways to acquire bitcoin. I have tried to acquire as much bitcoin(Satoshis actually, never acquired a whole bitcoin ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) ) as I can and then traded it to increase my portfolio. The poll results won't matter much but it might motivate some people to find ways to acquire bitcoin too. Also, it would be fun to see how many people are there who belong to same category. Most probably these would be the early users who would fall in this category (not necessary though) That's an interesting poll, I'll try to remember to revisit it to see the results when more people vote (it's only 2 votes when I'm writing this). I'm like you, I've never bought BTC, but I have it. A friend of mine managed to accumulate even more this way and hodles about 1 BTC. As per your assumption, he joined the forum and got acquainted with cryptos earlier than I did. I'd like to add, however, that I don't have any specific amount that I always live in BTC. I just sell when I need to and hodl when I don't, and on average I tend to have about $1k in BTC, and it's been like that for years regardless of BTC price.
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mk4
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December 05, 2020, 03:00:23 PM |
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I have tried to acquire as much bitcoin(Satoshis actually, never accumulated a whole bitcoin ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) ) as I can and then traded it to increase my portfolio. Definitely not everyone succeeds in the first few tries. If you've failed so far, go try again because the longer you wait, the harder it gets to reach one whole bitcoin as the price rises long-term.
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Alucard1
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December 05, 2020, 03:04:09 PM |
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I do trading before so I already bought a bitcoin, but it was a big mistake of mine because I've done trading even though I don't have enough knowledge, I really think that watching some videos on youtube may help me earn money from trading but it's not that too easy. I last held almost 12 bitcoins in 2017, and in that very moment I actually spent them. not left till now. wrong strategy i did. probably obsessed with the first halving. that's an experience that I can't forget. because before 2017, right 2015 and 2016 I spent two years collecting and miracles really came to my life.
That was a sad story, well we can't blame ourselves because cryptocurrency is unpredictable, no one knows that time that bitcoin could reach its value as of this day.
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pawanjain (OP)
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December 05, 2020, 03:06:40 PM |
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I last held almost 12 bitcoins in 2017, and in that very moment I actually spent them. not left till now. wrong strategy i did. probably obsessed with the first halving. that's an experience that I can't forget.
because before 2017, right 2015 and 2016 I spent two years collecting and miracles really came to my life.
Damn, that's a huge amount of bitcoins. I hope you still have a portion of it left. That's an interesting poll, I'll try to remember to revisit it to see the results when more people vote (it's only 2 votes when I'm writing this). I am excited about the results too but I am sure that the number of people who bought bitcoin will outweigh the other ones. I just want to see how many have not bought bitcoins though I'm like you, I've never bought BTC, but I have it. A friend of mine managed to accumulate even more this way and hodles about 1 BTC. As per your assumption, he joined the forum and got acquainted with cryptos earlier than I did. I'd like to add, however, that I don't have any specific amount that I always live in BTC. I just sell when I need to and hodl when I don't, and on average I tend to have about $1k in BTC, and it's been like that for years regardless of BTC price.
That's what I do too. There's no point of holding bitcoin if we can't use it when we are in need of it. Same as you, I just use it whenever I want and hold it the rest of the time. Definitely not everyone succeeds in the first few tries. If you've failed so far, go try again because the longer you wait, the harder it gets to reach one whole bitcoin as the price rises long-term.
I am now trying to find multiple ways to accumulate bitcoin. Trading is a difficult task for me and I wouldn't like losing my precious bitcoins in an attempt to gain more.
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mk4
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December 05, 2020, 03:10:33 PM |
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Definitely not everyone succeeds in the first few tries. If you've failed so far, go try again because the longer you wait, the harder it gets to reach one whole bitcoin as the price rises long-term.
I am now trying to find multiple ways to accumulate bitcoin. Trading is a difficult task for me and I wouldn't like losing my precious bitcoins in an attempt to gain more. Just a quick reminder that you don't necessarily need to straight-off receive bitcoin. You could simply start a typical brick and mortar/online business and simply use the fiat earnings to buy bitcoin. You'd end up with the same goal in the end anyway: more bitcoin.
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The Cryptovator
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December 05, 2020, 03:25:25 PM |
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I can't recall the thread, but I think this subject has been discussed previously. Honestly, I hadn't bought a bitcoin directly. The first time I bought Payza and PM and invest somewhere. When I meet with Bitcoin then had withdrawn bitcoin from the platforms first time and that's how I involved with bitcoin.
Unfortunately, my holding was invested (during a trade) on some shitcoin and now holding and trading a small amount of bitcoin. Most likely I will buy some if incase found a hard dip. But I don't think so we will see any hard dip.
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zeingrind777
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December 05, 2020, 03:39:50 PM |
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At the beginning of my first introduction to Bitcoin, I was introduced by my neighbour, in 2015 to be precise. He taught me how to get bitcoins from faucet sites and participate in airdrops and give away. I continued to collect bitcoins until I sold them in mid-2017.
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sheenshane
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December 05, 2020, 04:15:02 PM |
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I voted, never been bought.
Before the 2017 ATH, I started collecting Bitcoin and never bought it, fortunately, I was able to accumulate almost a whole number of Bitcoin back then. But like with others said above, I also sell my Bitcoin every time I needed and if not I hold it.
I keep on trading to accumulate a higher number of Bitcoins but unfortunately, I wasn't able to regain the highest number of Bitcoins that I had back then(just a fraction number not even a whole number of Bitcoin). I started to collect in Satoshi's (earned it through some medium) but eventually, it grew due to trading and I also do exchanges, sometimes I sell products or render services to my peers in an exchange for Bitcoins, maybe I just love Bitcoin too much that I really exert effort to enrich my portfolio.
And now, I started collecting again after I spent all my Bitcoin due to the pandemic.
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Upgrade00
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December 05, 2020, 04:23:20 PM |
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I discussed this a little in my bitcointalk interview where I wrote about not having bought bitcoins directly, I have only earned them through different means both on the forum and off it. This is however not because I do not want to risk exchanging fiat for bitcoins, but most of my earnings are received in bitcoins so it makes up majority of my overall portfolio. It's surprising how many people in the thread are also in the same category of having never bought. Although the poll may be a bit skewed as most of the Bitcoin OGs who would have bought are probably no longer very active and would not come across this post
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Sterbens
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December 05, 2020, 04:32:02 PM |
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Unfortunately, my holding was invested (during a trade) on some shitcoin and now holding and trading a small amount of bitcoin. Most likely I will buy some if incase found a hard dip. But I don't think so we will see any hard dip.
the potential for decline will always be there, just like the middle of this year, bitcoin has dropped significantly. maybe in the middle of next year we can be given the opportunity to have more Bitcoin. believe me bitcoin won't be short lived. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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20kevin20
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December 05, 2020, 04:48:01 PM |
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Although I did purchase BTC directly back when one Bitcoin was worth less than $500, I have never accumulated a lot through direct purchases. Instead, most of it has been earned various ways along the years. In fact, the total amount of BTC I've purchased ever since I got interested in BTC probably doesn't even exceed $500.
It always at least felt like purchasing BTC directly makes accumulation harder than earning it online. Gambling, trading, offering services etc have always been a bigger success for me.
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RapTarX
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December 05, 2020, 04:50:38 PM |
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Most of my BTC holdings are from my freelancing works. I have got some good amount of BTC from which I have saved a lot. Some of my clients used to send BTC as my payment and most of them are still untouched. But later on, after 2018, I guess I have invested only in cryptocurrency.
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manok jepang
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December 05, 2020, 05:18:37 PM |
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I got to know bitcoin for the first time in early 2017, the price of Bitcoin is in a strong uptrend and in just a few months the price has gone up by 1000%, so of course most people have benefited a lot from Bitcoin. I myself have been more fortunate since I got to know Bitcoin, and there may be some people who are disadvantaged because of short-term investments and greed in altcoin trading that incur losses.
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seoincorporation
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December 05, 2020, 06:03:24 PM |
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5 years using bitcoin and i have never bought a single satoshi, I like to earn bitcoins working for them, it's totally possible for those who like to work.
When I started in 2014 the bitcoin price was really low, something between $300 and $600... so was easy to get big amounts, but since this was the main income I never hold them.
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BIT-BENDER
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December 05, 2020, 06:23:20 PM |
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I have not been long in Bitcoin am fund of saying this by now, and it won't be a shock that I am yet to get Bitcoin in vastly large amount, well if I had the money to buy one Bitcoin, I won't linger on giving it a second thought, its good asset than the money being in Fiat, so its not a choice that i haven't bought any Bitcoin, as I can remember, but would sure do in an amount I consider worth saying one had bought a Bitcoin.
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hatshepsut93
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December 05, 2020, 06:33:52 PM |
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I still hodl the coins that I earned by participating in various bounty campaigns in 2016-2017, but I don't think that something like that is possible today. Back in the day I was earning $400-800 from them every month, these days bounties are so oversaturated that bounty hunters probably earn $20-40 or less. Even if Bitcoin will increase in its price by a factor of 20, it's still would be worth than earning money through any traditional method and putting it into Bitcoin.
For these purposes, you need to think about USD value - you goal is to get as much USD as possible and convert it to BTC.
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target
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December 05, 2020, 06:50:31 PM |
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There are some coins that I hardly touch after earning from signature campaigns, they are because in the phone wallet which I can easily access and I just think it's going to be for use when I'm in a store where I can spend BTC. Its sort of emergency funds.
Most of the tokens I bought with BTC are the ones I kept for a long period of time because they dip too deep, I have no choice but to just hold.
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wxa7115
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December 05, 2020, 07:01:29 PM |
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I have seen many people here on this forum who have never actually bought bitcoin including myself. We are the guys who love bitcoin deeply and have explored different ways to accumulate bitcoin. I have tried to acquire as much bitcoin(Satoshis actually, never accumulated a whole bitcoin ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) ) as I can and then traded it to increase my portfolio. The poll results won't matter much but it might motivate some people to find ways to accumulate bitcoin too. Also, it would be fun to see how many people are there who belong to same category. Most probably these would be the early users who would fall in this category (not necessary though) While I have in fact bought bitcoin in the past and like most people I regret not using all my capital to buy it when it was as cheap as it was back then, in fact most of the bitcoin that I hold to this day has come from accumulating small amounts of bitcoin here and there, nothing big but as long as you are constant and you keep storing your bitcoin you will be surprised at what you achieve over the long term. In fact this is no different than any other activity, for example if you decided to learn a new language it is obvious that the first steps are going to be very hard and many people give up during those first steps but if you keep pushing you will find yourself that in a few years you're going to be very fluent in the language that you wanted to learn and the same applies when it comes to accumulating bitcoin.
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