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Author Topic: First time of owning bitcoin  (Read 924 times)
add1ct3dd
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December 04, 2022, 09:23:44 PM
 #41

I think we all have in common when it comes to these things and that is we are happy about it. Before, we only saw or heard of btc but now we have it on our own hands. Many things can run in our mind and that are mostly positive. There's this thought that what are the things that I will spend in case my bitcoin profits grow really huge? Negative thoughts can only come later on when we witness that the market is in bearish mode.

It's normal for us to worry or panic but the important thing is to control ourselves and remember what is instructed to us by our mentors or on the sources that we read online by the time when we are still learning.
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December 04, 2022, 09:37:25 PM
 #42

Not too quite long I had a section in my home where I had to discuss with some of my neighbors about cryptocurrency/bitcoin and to an extent explained to them how the industry operates and the benefits it can offer. But this is not the actual point of my discussion anyway.
The thing here is that one of the person's I had that round table discussion with was to my oblivion doing  some personal research privately about bitcoin based on all she has been told about it for the past many days after that very discussion. And so yesterday she came to me asking that I should assist her in purchasing bitcoin worth about $160 as she is avoiding on making mistake by doing it by herself alone since it's her first time. After every process and the said amount of bitcoin was purchased successfully into her account, immediately there was this expression of the feeling of joy the lady expressed with a wide smiles that seem unending and I was amazed at such level of excitement she showed.

Then after she left, I started asking myself, like did I also acted same way when I first got my own bitcoin or is the lady just been overwhelmed knowing she now own a certain amount of bitcoin or am I missing something as to why she reacted the way she did?

For you how was your own reaction/expression in your first time of purchasing and owning bitcoins, was it so different? I would love to know!

my first investment in bitcoin dates back to 2016, it was my first absolute investment in cryptocurrencies and I was quite happy to take this step, because I knew I was investing for the future, still today I am happy with the choice made

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December 04, 2022, 09:42:14 PM
 #43

I think we all have in common when it comes to these things and that is we are happy about it. Before, we only saw or heard of btc but now we have it on our own hands. Many things can run in our mind and that are mostly positive. There's this thought that what are the things that I will spend in case my bitcoin profits grow really huge? Negative thoughts can only come later on when we witness that the market is in bearish mode.

It's normal for us to worry or panic but the important thing is to control ourselves and remember what is instructed to us by our mentors or on the sources that we read online by the time when we are still learning.

I got my first satoshis for free as it was sent to me, to prove that btc has actual fiat value.
Of course, I was hesitant at that time, and when I converted it to my currency that's when I believed that btc is indeed legit.
For those newcomers, you can't remove the happiness that they will feel as they will feel they belong to crypto community already.
Some are even bragging on their social media that they own btc, which is not very safe to do so.
Later on, they will understand that it is better to be discreet with your crypto activities as you may be the potential target of scammers.
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December 04, 2022, 09:42:41 PM
 #44

For you how was your own reaction/expression in your first time of purchasing and owning bitcoins, was it so different? I would love to know!

I acted normally, I am not that excited since I think the purchase will not change my life.  Though the feeling is somehow fulfilling since I am able to get fraction of Bitcoin into my wallet.  I think I feel way happier when I successfully installed electrum to my pc system and be able to generate address where I can put the BTC I planned to buy.
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December 04, 2022, 09:52:53 PM
 #45

It always very hard to control the excitement of what you are looking for, for a long time and later got it. Doing my own term when I first received my Bitcoin in my exchange wallet, I was so happy and I even shouted that my parents heard about the sound of joy in me. but it looks like a dream to me, for me been Bitcoin owner do to I always found those holding Bitcoin as a expensive guys and a rich people. But nowadays I do buy frequently anytime money come into my hands.

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December 04, 2022, 10:19:15 PM
 #46

There are different feelings and reactions for the first time of owning bitcoin. As for me I started owning bitcoin in this year 2022 through this forum campaigns then later from Binance exchange platform. At first I was wow!!! Till date I can't believe that I am the one that keep bitcoin in my wallets, both decentralized exchange platforms and wallets. And I was thinking that the bear market is affecting my purchase of Bitcoin. And I discovered that the bear market is also good on its own. The only thing that can affect you is when you bought it when the price is high and later the price comes down. All is well. First purchase is always awesome.









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December 04, 2022, 11:10:59 PM
 #47

Wthout any feeling when we first got bitcoin, I'm pretty sure it was all exaggeration. You will only feel the joy or happiness of owning bitcoins when you see their value increasing. It's true, people should be honest. And what if after you buy bitcoin and its value drops, you will be very disappointed. We buy bitcoin because we want to make a profit so when its value changes we get a feeling.

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December 05, 2022, 12:42:30 PM
 #48

When I first bought and owned bitcoin, my reaction was normal and nothing different. What's different is that at that time, I dared to buy bitcoin with my own money while people didn't know what bitcoin was. There was no extraordinary feeling then because, maybe at that time, the price of bitcoin was not as high as it is now.

But when the bitcoin price increased, and I looked at my bitcoin value then, I was very surprised because I never imagined that the bitcoin price could soar. That's one of the things that made me stick with bitcoin as my main investment.

What’s the main reason why you purchased your Bitcoin? Most people usually feels excited because of the possible profit for the future price. I didn’t undergo on this stage because I get my first Bitcoin through faucets and campaigns here. I just have the experience on buying Bitcoin when the P2P on exchange using our local wallet is already available but I’m surprise that you are not excited by the time you are making a not so typical investment of your life.

I believe if I manage to experience purchasing Bitcoin by the time it was not popular. I will be more excited on my first purchase rather than when the price pump because I’m expecting already that the price will grow in the future that’s why I’m investing on it.

I thought that the bitcoin price could not soar. For example, it could reach $20k and $69k yesterday. I was doing what I could and after bitcoin hit $20k, I just realized that bitcoin has the potential to go even higher and it does. I also play with the faucet to earn more bitcoins, giving me a bigger chance to collect more bitcoins. I bought bitcoins on a local exchange and was excited but less excited than other people and more like an easy thing to do. That's why I wasn't too surprised to follow bitcoin's journey so far and the ups and downs I have taken for granted.

When I first bought and owned bitcoin, my reaction was normal and nothing different. What's different is that at that time, I dared to buy bitcoin with my own money while people didn't know what bitcoin was. There was no extraordinary feeling then because, maybe at that time, the price of bitcoin was not as high as it is now.

But when the bitcoin price increased, and I looked at my bitcoin value then, I was very surprised because I never imagined that the bitcoin price could soar. That's one of the things that made me stick with bitcoin as my main investment.

Me too, I remember the first time I bought bitcoin, and the price of bitcoin was around $300. It wasn't a high price, and I didn't feel special until my bitcoins suddenly almost doubled in value in just a few months. I was really surprised and happy, the feeling at that time was indescribable.
Before coming to crypto, I also invest in stocks as well as forex, so I find it quite normal. But until I make a profit, because finding double profits in the stock market is almost very difficult and takes a long time to achieve.
Yes, that's correct. I bought bitcoins when they were around $200-$300 and while it wasn't a big money purchase, it was my initial purchase. And after the price increased several times, I realized that what I was doing was right and from there, I started accumulating more and selling it when the price increased. I've never played forex before because I'm afraid of the losses we can get. Besides that, the capital that had to be used in forex at that time was too large and I didn't have much money.

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December 05, 2022, 01:17:40 PM
 #49

Owning bitcoin is a special thing for me, because I still can't believe I could own bitcoin even in a small amount at that time, when I held it, how long did I see that bitcoin provided unexpected benefits, and this convinced me that bitcoin was a good investment. can provide unexpected benefits, but it is also undeniable that we can experience losses in an instant

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December 05, 2022, 01:27:48 PM
 #50

very different, moreover, that I got from my first payment from this forum which I exchanged for bitcoin, what made me happy was that I could have bitcoin for free, not by spending money from my pocket, and that became my main capital in trading in this crypto

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December 05, 2022, 01:36:05 PM
 #51

Not too quite long I had a section in my home where I had to discuss with some of my neighbors about cryptocurrency/bitcoin and to an extent explained to them how the industry operates and the benefits it can offer. But this is not the actual point of my discussion anyway.
The thing here is that one of the person's I had that round table discussion with was to my oblivion doing  some personal research privately about bitcoin based on all she has been told about it for the past many days after that very discussion. And so yesterday she came to me asking that I should assist her in purchasing bitcoin worth about $160 as she is avoiding on making mistake by doing it by herself alone since it's her first time. After every process and the said amount of bitcoin was purchased successfully into her account, immediately there was this expression of the feeling of joy the lady expressed with a wide smiles that seem unending and I was amazed at such level of excitement she showed.

Then after she left, I started asking myself, like did I also acted same way when I first got my own bitcoin or is the lady just been overwhelmed knowing she now own a certain amount of bitcoin or am I missing something as to why she reacted the way she did?

For you how was your own reaction/expression in your first time of purchasing and owning bitcoins, was it so different? I would love to know!

my first investment in bitcoin dates back to 2016, it was my first absolute investment in cryptocurrencies and I was quite happy to take this step, because I knew I was investing for the future, still today I am happy with the choice made

You were extremely fortunate to have purchased bitcoin in that year, 2016. That is also the year I first learned about bitcoin. At that time, I was earning bitcoin but not keeping it or saving it, as I mostly spent it at restaurants (as I was very eager to eat in those restaurants since we couldn't afford them before, but because of bitcoin, I can now afford them). 2016 was also the year of ponzi schemes, and most newcomers (including myself) were scammed because we thought that was the only way to earn bitcoin.
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December 05, 2022, 01:47:57 PM
 #52

My first dealing was with altcoins not actually Bitcoin and that particular coin was also purchased through the help of my very good friend, though I was really happy that finally I own a crypto.

 Then when I used my hand to buy first Bitcoin was during 2017 crash, so I didn't feel excited because It was so unfortunate for me that day because all my money almost went to zero in dollar value, because it seemed like the market was waiting for me to buy Bitcoin just after 5 minutes of purchasing Bitcoin the market crashed.

R


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December 05, 2022, 02:29:17 PM
 #53

The first time I had bitcoin was around 2013, I had my first job I bought a little. I remember being too excited about it, I watch the market price most of the time and watch my investment go up and down. It's a mixed emotion since I know little about bitcoin during that time and I had to do my own research since I don't know anyone who knows about bitcoin during that time. As time goes by I found a group of people who shares the same interest and that group led me to this forum. Now I share my knowledge about cryptocurrency to those who are interested in it and those who are asking me questions about it.

What can I say? This is the exact same thing that happened to me, only the difference is I acquired bitcoin a little too late sometime in 2017. I really smiled when I read this because this really happened to me too, I was so excited when I had my first acquisition and kept on looking at the market to see if the price did goes up or down, I just can't contain myself to refrain those things. Eventually, I get used to it and things started to go back to normal where I don't look at the market frequently. But yes, that first time was really unforgettable.

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December 05, 2022, 02:47:05 PM
 #54

For you how was your own reaction/expression in your first time of purchasing and owning bitcoins, was it so different? I would love to know!
I can't explain how I felt. All I can say is that it was a very unique and memorable moment in my life which I remember full of joy and nostalgia. That is the kind of moment you want to go back in time to live again, although you can't. I remember setting my first online wallet, claiming my first satoshis through faucets' lists full of excitement for the next round after the cooldown. I was so happy that I kept talking to my family about what I've discovered, and I also wanted them to understand and feel what I was feeling. Unfortunatelly they didn't take me serious until bitcoin reached to more expressive price levels.

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December 05, 2022, 04:25:34 PM
 #55

Not too quite long I had a section in my home where I had to discuss with some of my neighbors about cryptocurrency/bitcoin and to an extent explained to them how the industry operates and the benefits it can offer. But this is not the actual point of my discussion anyway.
The thing here is that one of the person's I had that round table discussion with was to my oblivion doing  some personal research privately about bitcoin based on all she has been told about it for the past many days after that very discussion. And so yesterday she came to me asking that I should assist her in purchasing bitcoin worth about $160 as she is avoiding on making mistake by doing it by herself alone since it's her first time. After every process and the said amount of bitcoin was purchased successfully into her account, immediately there was this expression of the feeling of joy the lady expressed with a wide smiles that seem unending and I was amazed at such level of excitement she showed.

Then after she left, I started asking myself, like did I also acted same way when I first got my own bitcoin or is the lady just been overwhelmed knowing she now own a certain amount of bitcoin or am I missing something as to why she reacted the way she did?

For you how was your own reaction/expression in your first time of purchasing and owning bitcoins, was it so different? I would love to know!

my first investment in bitcoin dates back to 2016, it was my first absolute investment in cryptocurrencies and I was quite happy to take this step, because I knew I was investing for the future, still today I am happy with the choice made

You were extremely fortunate to have purchased bitcoin in that year, 2016. That is also the year I first learned about bitcoin. At that time, I was earning bitcoin but not keeping it or saving it, as I mostly spent it at restaurants (as I was very eager to eat in those restaurants since we couldn't afford them before, but because of bitcoin, I can now afford them). 2016 was also the year of ponzi schemes, and most newcomers (including myself) were scammed because we thought that was the only way to earn bitcoin.

let's say yes I was lucky to buy my bitcoins in that period, less fortunate because of the place where I live, since in my part Bitcoin is not fully recognized and especially the restaurateurs do not accept currencies other than FIAT, unfortunately the schemes ponzi and scams also existed long before, never be greedy with money, always put emotions aside when doing financial or crypto financial activities

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December 05, 2022, 05:23:22 PM
 #56

I was lucky to have had some knowledge about Bitcoin before owning my first Bitcoin which make it easy for me to find my way through to this point and I felt fulfilled when I finally own my first one million Satoshi.

I think it is better to build a good knowledge of Bitcoin before owning Bitcoin that way one will know how to secure their bitcoin holding and limit the risk associated with Bitcoin and know when to buy in or sell off as a passive trader.

R


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December 05, 2022, 06:18:31 PM
Last edit: December 05, 2022, 06:33:03 PM by sulendra12
 #57

Then after she left, I started asking myself, like did I also acted same way when I first got my own bitcoin or is the lady just been overwhelmed knowing she now own a certain amount of bitcoin or
Pretty sure if she just owns the Bitcoin then she wouldn't get overwhelmed for no reason.
But once she knows about Bitcoin trading and interested to dig down everything about Bitcoin then probably she would get overwhelmed by any topics if she finds it difficult to understand.

am I missing something as to why she reacted the way she did?
She probably knows something and probably search something about the Bitcoin even just a bit which makes her really proud to even own the Bitcoin, hence she is really confident with what she offered to u. Getting something for the first time is such an experience especially if they are at old age, it's not only for Bitcoin but it's in general aspect of life. That's always wonderful

For you how was your own reaction/expression in your first time of purchasing and owning bitcoins, was it so different? I would love to know!
Pretty happy to an extent it already changed my life to the better one until today.

💀|.
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December 05, 2022, 10:18:17 PM
 #58

People that does not know what is Bitcoin that's not why you eat and does not invest in it so many people who comes into the cryptocurrency investment and especially bitcoin does not really go back again and understand the concept of Bitcoin but now what I want to say is that it is good for me to learn and understand more bitcoin is all about

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December 05, 2022, 11:01:09 PM
 #59

People that does not know what is Bitcoin that's not why you eat and does not invest in it so many people who comes into the cryptocurrency investment and especially bitcoin does not really go back again and understand the concept of Bitcoin but now what I want to say is that it is good for me to learn and understand more bitcoin is all about
People who like to earn Bitcoin always be excited in Bitcoin so I'm trying to let you know don't understand that bitcoin is something that when you go into the industry you will definitely like it unless you lose in which amount of money that will make you to regret to go into it and then when some people get the regret of joining bitcoin is mined the thread and refused to understand the meaning of trading

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December 05, 2022, 11:50:10 PM
 #60

I remember the first time I received my BTCs was from a campaign signature that I joined way back in 2017. I was a Jr. Member and I participated in one of those campaigns that yahoo managed. When I first received my coins, I quickly converted it to cash (through our local exchange) and spent in on food! I remember feeling so powerful and satisfied to the point that I was able to purchase something using my own knowledge and hard work in this forum.

Fast forward to 5 years from 2017, I still participate in campaign signatures and I have used majority of my coins to fund my own education and for the books of my brothers. Definitely, the power and convenience of working online is such a privilege that I want to exercise and maximize forever.

R


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LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
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