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Author Topic: My Experience with bitcoin  (Read 285 times)
JamesBorn (OP)
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February 17, 2023, 02:23:36 PM
Last edit: February 17, 2023, 02:34:08 PM by JamesBorn
 #1

Hello guys, I have had quite good and bad experience trying to learn bitcoin, in 2012 someone came with blablabla stories of bitcoin, guy's is not funny! I turn deef ears to it but after a while I keep hearing crypto currency, so in 2016 that's about 5 years interval I decided to give it a try by putting all money I have work so hard to go back to school because they said the more volume of your money the more good trading experience but unfortunately it wasn't juices in my favour and I lost almost everything in attempt trying to recovered.

But in 2018 I say to myself I must not give up on this bitcoin, I guess every business or career has failed before the good phase, so I try again with my little savings but this time around I caught big fish before the deep finally takes place, I jakpa, lol, that's run away but by the grace of God that good experience has given my admission into university, I paid my tuition fees through bit[Suspicious link removed]d experience.

I will not give up no matter anything, we keep pushing. I must achieved good and better experience with bitcoin, nice having me here too.
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February 17, 2023, 02:42:09 PM
 #2

Hello guys, I have had quite good and bad experience trying to learn bitcoin, in 2012 someone came with blablabla stories of bitcoin, guy's is not funny! I turn deef ears to it but after a while I keep hearing crypto currency, so in 2016 that's about 5 years interval I decided to give it a try by putting all money I have work so hard to go back to school because they said the more volume of your money the more good trading experience but unfortunately it wasn't juices in my favour and I lost almost everything in attempt trying to recovered.

People don't understand the logic behind investing on bitcoin, it's not just by mouth, actions and things we do and research all about matters alot, in your case you're very lucky to have started well but along the line almost loss everything, we are not meant to be scared about investing with bitcoin, people just don't understand the difference between selling and hodling and how theu can mingle the two together.
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February 17, 2023, 03:00:53 PM
 #3

Hello James
Welcome to bitcointalk forum

Your experience is not very special since thousands were like you and lost part of their savings after the price collapse.  All it takes is to give the experiment more time for prices to recover.  What you can really regret is that in the early years of Bitcoin, you were among the first to hear about it, but you did not pay enough attention to it, and it cost you years after that to know its value and realize that you missed opportunities that may never return again in the same way.
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February 17, 2023, 03:12:25 PM
Last edit: February 17, 2023, 03:35:59 PM by hilariousandco
 #4

Hello guys, I have had quite good and bad experience trying to learn bitcoin, in 2012 someone came with blablabla stories of bitcoin, guy's is not funny! I turn deef ears to it but after a while I keep hearing crypto currency, so in 2016 that's about 5 years interval I decided to give it a try by putting all money I have work so hard to go back to school because they said the more volume of your money the more good trading experience but unfortunately it wasn't juices in my favour and I lost almost everything in attempt trying to recovered.

People don't understand the logic behind investing on bitcoin, it's not just by mouth, actions and things we do and research all about matters alot, in your case you're very lucky to have started well but along the line almost loss everything, we are not meant to be scared about investing with bitcoin, people just don't understand the difference between selling and hodling and how theu can mingle the two together.

Maybe I did not really understand what I was doing then, sometimes when something is introduced to you, you will much interested In what you can get than learning what's all about, I think that's where I miss it. If is now I will not have lost my money or be scared of losing more. I guess that's my lessons and experience.
I like your advice people need to read it. Thanks

Hello guys, I have had quite good and bad experience trying to learn bitcoin, in 2012 someone came with blablabla stories of bitcoin, guy's is not funny! I turn deef ears to it but after a while I keep hearing crypto currency, so in 2016 that's about 5 years interval I decided to give it a try by putting all money I have work so hard to go back to school because they said the more volume of your money the more good trading experience but unfortunately it wasn't juices in my favour and I lost almost everything in attempt trying to recovered.

People don't understand the logic behind investing on bitcoin, it's not just by mouth, actions and things we do and research all about matters alot, in your case you're very lucky to have started well but along the line almost loss everything, we are not meant to be scared about investing with bitcoin, people just don't understand the difference between selling and hodling and how theu can mingle the two together.

Maybe I do not have a better understanding then, sometimes when something is introduced to you, you will much interested in what you can get than learning what's all about.
Well, that's my lessons for the time past, I hope to do better now, bitcoin is all about patients and continues knowledge driving project than gain kind of business or quick rich scheme.
I love your reply I wish many people can see it. Thanks

Hello James
Welcome to bitcointalk forum

Your experience is not very special since thousands were like you and lost part of their savings after the price collapse.  All it takes is to give the experiment more time for prices to recover.  What you can really regret is that in the early years of Bitcoin, you were among the first to hear about it, but you did not pay enough attention to it, and it cost you years after that to know its value and realize that you missed opportunities that may never return again in the same way.

The experience is what I actually lack sir, I guess that's why I lost my money. Assuming I understand the cost of time factor and value as you said I would stick to it since my wallet was intact and the figures value was intact Also by now I would launched great mansion and empire of my own world but is all good, as time progress we keep learning. Thank for your kind reply and advised.
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February 17, 2023, 03:43:34 PM
 #5

In the initial phase, it always didn't go according to plan because it was indeed the beginning after we learned about bitcoin from other people, at first I was also the same when I knew bitcoin first and I never profited from what was done in the trade because I didn't know deeper knowledge about how to get real profits and often I experience losses after putting in money to try to trade bitcoin but over time I learn from the internet and also interact with communities on social media so there are quite open opportunities where I slowly learn what is need to be honest it took a long time but I'm glad now I understand about some things to do now.

Have experienced where I had a big profit and then fell again because I took the wrong step or chose an unclear coin, of course, it was frustrating for me at the time and it was difficult to recover it, but now everything has gone well because I play it safe with investments in bitcoin and occasionally always trade however I will focus on investing to be my goal in the future.

In essence, the experience will be very valuable for us to be better than before.

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February 17, 2023, 04:49:22 PM
 #6

5 years interval I decided to give it a try by putting all money I have work so hard to go back to school because they said the more volume of your money the more good trading experience
No matter how pleasant the story might be and no matter how juicy the offer will be you did not need to invest all your money in what you don't know how it works. I think that is the first rule even to a dumb who doesn't know what an investment is all about.
Well, it is fine that you later recovered from your losses and here you are with bunch of experiences. Going forward I know you will now advise other new commers on how to deal with cryptocurrency and its volatility.

This is a market that has come to stay maybe the early adopters might have made big mistakes, in the future these mistakes would be corrected and everyone would know how to move about investing in cryptocurrency

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February 17, 2023, 04:59:26 PM
 #7

You never give up in life because you always have another chance. Now that you have the possibility to buy Bitcoin and hold it—you don't even need to have trading experience—I wish you luck.
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February 17, 2023, 05:33:11 PM
 #8

Hello guys, I have had quite good and bad experience trying to learn bitcoin, in 2012 someone came with blablabla stories of bitcoin, guy's is not funny! I turn deef ears to it but after a while I keep hearing crypto currency, so in 2016 that's about 5 years interval I decided to give it a try by putting all money I have work so hard to go back to school because they said the more volume of your money the more good trading experience but unfortunately it wasn't juices in my favour and I lost almost everything in attempt trying to recovered.

But in 2018 I say to myself I must not give up on this bitcoin, I guess every business or career has failed before the good phase, so I try again with my little savings but this time around I caught big fish before the deep finally takes place, I jakpa, lol, that's run away but by the grace of God that good experience has given my admission into university, I paid my tuition fees through bit[Suspicious link removed]d experience.

I will not give up no matter anything, we keep pushing. I must achieved good and better experience with bitcoin, nice having me here too.

We all have made a mistake at one time in our life that we still regret up to this moment but and in such situations we are only given two options; it's either we keep on dealing with the past, drowning our self in regrets or we let go of our past and focus on how to better our future without letting the past affect it negatively. So in your case, you did something stupid i.e invested more that you couldn't afford to lose ignorantly and that led to your loss but the fact that you didn't let that change the way you view Bitcoin that I must commend.

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CryptoHeadlineNews
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February 17, 2023, 05:47:09 PM
 #9

5 years interval I decided to give it a try by putting all money I have work so hard to go back to school because they said the more volume of your money the more good trading experience
No matter how pleasant the story might be and no matter how juicy the offer will be you did not need to invest all your money in what you don't know how it works. I think that is the first rule even to a dumb who doesn't know what an investment is all about.
That's good advise by you Sir "Kingsden". But I don't know why I have this doubt that thou O.P might have been among the earlier hearers of Bitcoin, I don't think it was the real Bitcoin he/she invested in, because He claimed that he lost everything, and in Bitcoin nothing is totally lost completely, but only just that due to the volatile nature of the market, it's value can fall drastically, which will later rise with time.

But I'm sure that back then in 2014 to 2018,  a lot of scam investment platforms came up bearing the name Bitcoin, which many people invested their funds and never got it back again due to excuse of websites upgrade and internet scam e.t.c

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February 18, 2023, 05:31:17 PM
 #10

In every story there will always be a bad side of it but there are some good news or will happened to us. You lucky to surpass those nightmares and experience youve gained among the way. Bitcoin is just started to bloom. Maybe some say its too late now, but as future progress in terms of technology, there will be times that mass community will turn into blockchain and thats gonna be sooner or later especially in the current era.

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February 18, 2023, 10:18:49 PM
 #11

Hello James
Welcome to bitcointalk forum

Your experience is not very special since thousands were like you and lost part of their savings after the price collapse.  All it takes is to give the experiment more time for prices to recover.  What you can really regret is that in the early years of Bitcoin, you were among the first to hear about it, but you did not pay enough attention to it, and it cost you years after that to know its value and realize that you missed opportunities that may never return again in the same way.
Well, I guess that’s part of the journey missing some good opportunities at first but eventually, you will still end up with bitcoin. The good thing about bitcoin is that there will be no early or late in investing, just as you decide to start investing because you are now aware on how potential it is and you really understand how that investment works, which I think is much better than to just end up quitting without giving it a chance to recover some of your losses and maybe this time it may start to work. Remember that when you invest, you will not really be profitable at first without dealing those hardships at first and letting you struggle at first.

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February 18, 2023, 11:07:26 PM
 #12

Hello guys, I have had quite good and bad experience trying to learn bitcoin, in 2012 someone came with blablabla stories of bitcoin, guy's is not funny! I turn deef ears to it but after a while I keep hearing crypto currency, so in 2016 that's about 5 years interval I decided to give it a try by putting all money I have work so hard to go back to school because they said the more volume of your money the more good trading experience but unfortunately it wasn't juices in my favour and I lost almost everything in attempt trying to recovered.
In 2012 you heard about bitcoin, but you didn't give a damn about it, but after 5year you started to learn about bitcoin at you still were at school. I wonder how old you were when you first introduced about bitcoin? I think you were too young to understand any financial advice so don't regret your decision now.
You have lost all of your capital because you were a day trader, but it never turned out good for everyone. Avoid day trading and plan for long term investment.


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February 19, 2023, 08:08:54 AM
 #13

Hello guys, I have had quite good and bad experience trying to learn bitcoin, in 2012 someone came with blablabla stories of bitcoin, guy's is not funny! I turn deef ears to it but after a while I keep hearing crypto currency, so in 2016 that's about 5 years interval I decided to give it a try by putting all money I have work so hard to go back to school because they said the more volume of your money the more good trading experience but unfortunately it wasn't juices in my favour and I lost almost everything in attempt trying to recovered.

But in 2018 I say to myself I must not give up on this bitcoin, I guess every business or career has failed before the good phase, so I try again with my little savings but this time around I caught big fish before the deep finally takes place, I jakpa, lol, that's run away but by the grace of God that good experience has given my admission into university, I paid my tuition fees through bit[Suspicious link removed]d experience.

I will not give up no matter anything, we keep pushing. I must achieved good and better experience with bitcoin, nice having me here too.

It's nice to hear about your experiences with bitcoin. Bitcoin is a promising investment, but if you're a beginner or new member looking to get started, you shouldn't put all of your money into it, If you do, you might not know what will happen if the price drops or you find yourself in a tight financial situation, Instead, I advise you to put a little some money and think wisely rather than investing all of your funds

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February 19, 2023, 08:46:31 AM
 #14

Hello guys, I have had quite good and bad experience trying to learn bitcoin, in 2012 someone came with blablabla stories of bitcoin, guy's is not funny! I turn deef ears to it but after a while I keep hearing crypto currency, so in 2016 that's about 5 years interval I decided to give it a try by putting all money I have work so hard to go back to school because they said the more volume of your money the more good trading experience but unfortunately it wasn't juices in my favour and I lost almost everything in attempt trying to recovered.

But in 2018 I say to myself I must not give up on this bitcoin, I guess every business or career has failed before the good phase, so I try again with my little savings but this time around I caught big fish before the deep finally takes place, I jakpa, lol, that's run away but by the grace of God that good experience has given my admission into university, I paid my tuition fees through bit[Suspicious link removed]d experience.

I will not give up no matter anything, we keep pushing. I must achieved good and better experience with bitcoin, nice having me here too.

The fact is that often having failed, we do not make the following attempts to figure it out.
Cryptocurrencies and Bitcoin look very un-friendly for newbies. If you don't know about them, then you get the impression that you need to be a programmer or a marketer to figure it out. But in fact, all use boils down to the fact that there is a wallet with 2 buttons - Receive and Send. The rest is already nuances: blockchains, airdrops...
Don't stop trying to figure it out, because we all once knew nothing about cryptocurrencies. And we are here with such ranks only because we did not give up.

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February 19, 2023, 09:30:30 AM
 #15

Investment, in order to take a profit, needs several ways and strategies to minimize as many risks as possible, not done at any time the passion arises or based on random desires without planning. I see you did the same thing in 2018 (although with a percentage of less capital) and I think you don't learn from the 1st mistake. Even though you don't have the same fate as before, making mistakes several times since the beginning can make people reluctant to return to space and start talking things that aren't understood to others about Bitcoin.

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February 20, 2023, 02:32:53 AM
 #16

Not everyone has the ability not to give up like that. There are many who were once well into cryptocurrency but have now moved away from cryptocurrency altogether. One of the reasons for this is the market situation. But those who have remained patiently in the market from bad times to good times have benefited a lot from this platform. Because they have seen the ups and downs of the market with their own eyes and have a confidence or idea of ​​when and how to invest. So I think patience definitely pays off.

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February 20, 2023, 03:45:45 AM
 #17

bitter experience in the end must be sweet, as well as investing in crypto or bitcoin.
so don't give up halfway, apply the lessons you've experienced for now and in the future.
because indeed in doing business not a few who experience failure at first.
but that failure is a valuable lesson for the future.

R


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February 20, 2023, 05:50:47 AM
 #18

Failure on the first try has taught you many lessons. If I may guess, you're the type of person who doesn't give up easily. Returning after failure is the start of your luck, it's impossible for you to dare to try a second time if you haven't learned more about how to invest in Bitcoin.
The results you get will give you a new zest for your life. Of course, it will be such a beautiful experience after catching a big fish that you will be able to enter university.

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JoyMarsha
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February 22, 2023, 06:36:50 PM
 #19

Any newbie in cryptocurrency investment has to have a solid understanding of bitcoin investment. The error that newcomers to cryptocurrency make is to dive in headfirst without adequate knowledge of how to invest in what they can afford to lose. Many of us made bad cryptocurrency investments, and we've since learned not to put all of our faith in bitcoin because nobody can predict what its price will be tomorrow.

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Lida93
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February 22, 2023, 09:55:46 PM
 #20

Hello guys, I have had quite good and bad experience trying to learn bitcoin, in 2012 someone came with blablabla stories of bitcoin, guy's is not funny! I turn deef ears to it but after a while I keep hearing crypto currency, so in 2016 that's about 5 years interval I decided to give it a try by putting all money I have work so hard to go back to school because they said the more volume of your money the more good trading experience but unfortunately it wasn't juices in my favour and I lost almost everything in attempt trying to recovered.
A story similar to this situation mad me create a thread on this issue of not deeply informing newbies about the pros and cons of bitcoin but only emphasizing endless echoes on the pros which at the end of the day some may think bitcoin is a fraud all because they were not adequately informed https://bitcointalk.org/index.php?topic=5437459.msg61686297#msg61686297

In this case OP had a good recovery opportunity due to the bull of 2018 and this am sure was what resuscitated his energy towards bitcoin but what about those others that never had a recovery after a huge loss out of what they were told but wasn't the outcome, I wonder what story they may be telling out there about bitcoin.

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