Investing in Bitcoin with Tiffin money of my college life.

[Yatsan]

Well, anyone is free to invest on this industry as long as that individual is aware of the risks present from doing so. The market prices or this industry in general is volatile. If you are investing money which is somehow your emergency fund ,then expect it won't work 'coz it is more likely to result into huge loss. Imagine that you need to pull out some of your investment because you need to use the money into something important and it happened that the market is down, what would you do? Selling would men cut loss in this kind of situation. Since OP is a student, same thing is applicable. But still, you made such great decision.

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[AmoreJaz]

Well, anyone is free to invest on this industry as long as that individual is aware of the risks present from doing so. The market prices or this industry in general is volatile. If you are investing money which is somehow your emergency fund ,then expect it won't work 'coz it is more likely to result into huge loss. Imagine that you need to pull out some of your investment because you need to use the money into something important and it happened that the market is down, what would you do? Selling would men cut loss in this kind of situation. Since OP is a student, same thing is applicable. But still, you made such great decision.

as long as he knows the risks and possible repercussion, he can take care of himself on this market. just don't use money for your emergency funds or basic needs as you may find it difficult to convert it to your fiat if you badly need it.
as a student, his responsibilities is different as compared to a family man, so he should take advantage of this situation.

[Scripture]

Investing with Bitcoin should not be an issue, but my concern here is that, you are holding it on a exchange wallet where you don't have fully control and if you will play long better to have a hard wallet. Second, just make sure you don't spend all your savings with Bitcoin, I know the hype of bull market is already here but its not advisable to go all in. If you are already finish with your college, then I believe you'll start to find a job that can give you a more competitive benefits which can allow you to buy more Bitcoin at your own capacity. This is as big step forward for you, and I'm happy for you.

[uneng]

0.006BTC is a nice amount to start investing. If you have long term goals regards bitcoin and want to invest through DCA method, it's highly suggested you acquire a Ledger or Trezor physical wallet. You can order it online and receive at home. That is a simple wallet to setup, as there is a step by step tutorial, and very safe at same time. And next time, maybe you can acquire bitcoins from a direct trusted seller on this forum (P2P), so you save on transaction's fees which are pretty high for my taste in Binance (50,000 satoshis).

[Bitcoin_people]

Never leave you coins on an exchange, Binance is an exchange. To have full control over your asset, use noncustodial wallet. Cold wallets are safest wallet type.

Thanks for your advice

it will really help you to enjoy a big reward from your business and it will also encourage you to save more money to buy more BTC in future.

Thank you very much for encouraging me to invest

Congrats on starting your bitcoin journey.

Thanks You!

Addition advise why you should avoid centralized exchanges.

1. They can get hacked from any attacking source
2. There's no privacy in using them because they can leak your data to third party
3. You cannot recover your asset with them whenever there's something wrong with the exchanges either being attacked or went bankrupt because your keys for decoding your wallet address on blockchain is with them
4. You're prone to KYC and AML agencies to investigate your informations abd account being subjected to them.
5. You're no difference from someone using a bank because everything you do under a centralized exchange is from a central authority like the banks and other centralized institutionizations did.

I will definitely follow your advice.

I hope your future is bright for invest in future with crypto.
good job my friend.

Thanks You!

Congratulations! Way to go!

Thanks You

Anyway, I wish you all the best for making your dream come true today. Moreover, another important thing is that you are able to invest in Bitcoin as a student, on the one hand you understand the importance of Bitcoin and how its popularity will be in the future. It is very significant that you have invested Bitcoin in addition to your studies, your inspiring work will make students interested in Bitcoin. But my personal advice for you is that you focus on education first and then focus on Bitcoin as time permits.

Thanks You!

Congrats on your first purchase, more will come soon.

Thanks You!

Congratulations!

Thanks You!

Good start mate.

Thanks You!

good luck starting your investment.

Thanks You!

Congratulations on making a new investment in Bitcoin.  

Thanks for You!

Congratulation to you.

Thanks for You!

Goodluck and welcome to the club of bitcoin holders.

Thanks for You buddy!

congratulations on investing in bitcoin.

Thanks You!

I appreciate your efforts in obtaining Bitcoin investments. In fact, earning money while attending school is difficult. Since we are completely dependent on our family, there may be more problems if we are not much rich. But it appears that you hardly loved Bitcoin and were able to invest in it. Your decision to set aside money from your tiffin money and put it in bitcoin strikes me as wise. You appear to be purchasing Bitcoin through Binance. But if you're holding your money in Binance, try using a non-custodial wallet instead. On the centralized exchange, we have witnessed a lot of drama. Save the money you worked so hard for. Go to the forum more often and learn more.

Thanks for You!

I am happy that you are now starting to live your dream.

Thanks You!

Congrat, you have really done well,

Thanks You!

congrats on your first purchase!

Thanks You!

Congrats @OP. After your first bitcoin purchase,

Thanks You

congratulations

Thanks You

[Rigon]

 

I am very happy to buy Bitcoin for the first time in my life. My dream from my school life was that I would invest in Bitcoin in the future and started saving money from my school life. I saved some money from the many tiffins and various tuitions I earned during my college life and finally invested in Bitcoin. And I have fulfilled my past dream today by investing in Bitcoin.
Right now I Buy BTC0.00688 BTC which is some amount of $163 when converted to USDT.
I have invested as much as I can in this current market in Bitcoin. and I hope to save more money and invest in Bitcoin in the future.

May your investment be successful. Your dreams have come true only because of your efforts. For that I extend my sincere greetings and thanks to you. Such thinking about your bitcoin investment will encourage every person. But you have come to invest at the right time. You will definitely see more success if you hold your investment for long term. Another advice I want to give you is to put your invested money in a safe wallet. A secure wallet is essential for you.

[Patrol69]

 

I am very happy to buy Bitcoin for the first time in my life. My dream from my school life was that I would invest in Bitcoin in the future and started saving money from my school life. I saved some money from the many tiffins and various tuitions I earned during my college life and finally invested in Bitcoin. And I have fulfilled my past dream today by investing in Bitcoin.
Right now I Buy BTC0.00688 BTC which is some amount of $163 when converted to USDT.
I have invested as much as I can in this current market in Bitcoin. and I hope to save more money and invest in Bitcoin in the future.

I applaud your small effort. You have tried hard to invest in Bitcoin and today you are successful. And I think the time you invest is the best time to invest. I would suggest you to keep your investment for long term. And if you don't have full understanding about investment then you get better understanding about investment and invest more in bitcoin hope you will become a successful investor in it.

[_BlackStar]

-snip-

@Bitcoin_people, it was great effort and I will definitely support this one.
You may need to be grateful that not everyone who wants to own an investment will be able to own one because they don't have the money. You saved money and you did it on the right assets ^{[while many others don't have it].} Keep it up, and it will be better if you are able to maintain DCA in the long term.

In the meantime, you need to know that exchanges are not safe to store your bitcoin in the long term. Some people may have warned you, and the best safe way to store your bitcoin is to have custody of them. That is, you must have secure wallet and only you have the private key.

[Inwestour]

May your investment be successful. Your dreams have come true only because of your efforts. For that I extend my sincere greetings and thanks to you. Such thinking about your bitcoin investment will encourage every person. But you have come to invest at the right time. You will definitely see more success if you hold your investment for long term. Another advice I want to give you is to put your invested money in a safe wallet. A secure wallet is essential for you.

Perhaps a lot of money is needed for successful investments, but a start has been made and this is the main thing. Who knows if this is the best time, because bitcoin made a very good upward movement at the beginning of this year, probably the best time was last year, although now you can still buy.

Keeping bitcoin, of course, is worth it on a cold wallet, this will ensure the safety of your investments. There are those who keep their coins on exchanges for a long time and they are lucky for a very long time, but besides this, there are a lot of cases when funds are blocked and people cannot return them for a very long time, they may never be able to return, so conclusions must be drawn from this.

[Out of mind]

I am very happy to buy Bitcoin for the first time in my life. My dream from my school life was that I would invest in Bitcoin in the future and started saving money from my school life. I saved some money from the many tiffins and various tuitions I earned during my college life and finally invested in Bitcoin. And I have fulfilled my past dream today by investing in Bitcoin.
Right now I Buy BTC0.00688 BTC which is some amount of $163 when converted to USDT.
I have invested as much as I can in this current market in Bitcoin. and I hope to save more money and invest in Bitcoin in the future.

Congratulations you have fulfilled your dream by investing in the first bitcoin of life. You have worked hard to earn money and then fulfilled your dream. If you hold Bitcoin for a long period of time, you will see a good profit coming from it.  And you have more plans to buy and hold bitcoins in the future, I think you will be a successful investor in the future. and you must use a hard wallet to keep your bitcoins in complete security.

[freedomgo]

It is a nice move @OP, I applaud you for thinking more advance than any student of your age.  I know you won't regret this decision and might be a turning point in your life when Bitcoin becomes bullish and increase in price more than 10 folds in the future.

I hope you have the patience and self-control to see through and hodl until the price of Bitcoin is enough to make it a life changer for you.  Just keep on accumulating and make sure that you don't leave your coins in exchanges.  Better to keep them in your own wallet and make sure you also know how to secure your wallet.

That said, congratulation on making your dream come true and buying your 1st Bitcoin.

Good job OP, congrats on your first Bitcoin accumulation. I just hope that you are now aware of the risks involved when buying and hodling btc for long, because if you are not, you might face some troubles when the market is moving in the opposite way. But as long as you keep on making DYOR, and you never put all your hard earned bitcoins in a single exchange, they will always be safe. Have your own non-custodial wallet, that way your coins will be more secured from hackers as long as you are also aware on how to secure them and make them safe at all times.

[Sorryfor]

Congratulations, has enabled you to fulfill your dream. and you are really enjoying investing in Bitcoin because it is your first investment. but I would say you hold Bitcoin. long term then your life will change in future. and you invest more bitcoins. and it will be good for you to use a hardware wallet to keep your money safe.

[Bitcoin_people]

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Thanks you.

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Thanks you.

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Thank you.

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Thanks for your advice.

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Thanks you.

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Thanks you.

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Thanks for you!

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Thanks you.

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Thanks for you dear.

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Thanks you.

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Thanks you.

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Thanks you.

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Thanks you.

[CoolBoybd]

It's really a very joyful moment when you buy Bitcoin and be a part of Digital Currency. I want to wish you all the best for your future investments in Bitcoin. You can choose other Cryptocurrencies like Litecoin, Dogecoin to invest in as they are now in a very cheap price.