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Author Topic: I found my Bitcoin books from 2016  (Read 846 times)
KiaKia (OP)
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March 07, 2023, 10:10:30 AM
Last edit: July 08, 2023, 07:18:31 AM by KiaKia
Merited by The Cryptovator (25), vapourminer (7), DdmrDdmr (4), EFS (2), mk4 (2), Halab (2), Upgrade00 (2), Asiska02 (2), Lorokan (2), Churchillvv (2), Welsh (1), bitbollo (1), buwaytress (1), GreatArkansas (1), aoluain (1), Maus0728 (1), salad daging (1), Marykeller (1), Frankolala (1), sokani (1), Merit.s (1)
 #1

I was doing some cleanup in my store yesterday and I saw my books that I used for storing vital information about Bitcoin in 2016 and 2017, these books have some good and bad memories behind them.




When I started my Bitcoin journey years ago, I had nothing, yet, a day will not pass by, that I will not stare at Bitcoin value online, I came to know about Bitcoin when I was looking for how to make money online, and my desire to have some Bitcoin in my wallet grew so much that I started hunting for satoshis through faucets.

If you are into Bitcoin in 2016/2017 these faucets should sound familiar to you, I am sure that these faucets are not working anymore today,  even if they do, its not worth it anymore.

 


I did this for a whole year, from the mid of 2016, claiming every hours and some are every 30 minutes, after a year of gathering some satoshis I ended up losing them all because of free wallet and xapo wallet,  I don't know they are custodial wallets, I couldn't even tell the difference between an open source wallet and closed source in that period.

After losing everything, I started buying some Bitcoins using my pocket money, I was suppose to use the money to buy some foods and transport myself to school, I was so obsessed that I prefer walking down to school almost everyday, but in the end I had to go back and sell some part of the Bitcoin, because the suffering was too much, believe me,  Bitcoin investment is not easy for those that have no good source of income.

I switched completely from faucets to airdrop in March 2017 and the result was way better than expected,  I made my first 500$ through few airdrops and I quickly use it to buy some Bitcoin, I felt so happy and I abandoned free wallet and xapo and moved to Copay wallet, this was how I knew about recovery seeds.

In December of 2017 my Bitcoin have added good value,  that same month was when my little brother got so sick and nearly gave up, I had no choice but to sell some of my Bitcoin again, because it got to a point where my parents can't afford the hospital bill anymore.

They were surprised how I got the money, I was asked some questions later as if I was in a courtroom facing a panel, they don't believe at first but later they did, we had an amazing Xmas, again,  selling some part of my Bitcoin.

In 2018 the bear market hitted so hard that I sold all my Bitcoin,  the biggest mistake that cost me,  I expected Bitcoin to keep growing and growing, with some ignorance in my body, how could I have known that Bitcoin will be volatile at some point? Lack of learning and doing some research I guess.

I summoned my courage in 2018, I restarted my journey once again,  by learning more than chasing,  this was how I was able to finally understand more about Bitcoin, I should have known, and focus more on reading about every possible mistake someone could make.

Till this day, i am still unable to get the exact amount of Bitcoin I sold at the time, all because of fear and panic, I should have just held than let the bear market scare me out.

I hope someone learn one or two from my journey, if you can't afford Bitcoin, find a source of income first, enough to feed your needs and enough for savings or else you will go back to the last savior you have ( Your Bitcoin wallet) and spend it all to survive.

There is nothing that beats learning, maybe I would have had a different outcome if I focused more on learning. Because I will understand how valuable Bitcoin will be in the future.








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March 07, 2023, 10:28:21 AM
 #2

How did you know about Bitcoin in 2016, 2017 and know about those faucets but did not join the forum earlier?

You only joined Bitcointalk in 2022, about less one year and one month ago. It is good to know that you are Bitcoin adopter since 2016, 2017 and you are survivor since the past bear market and a current one because you are still here, around Bitcoin, this market and are a member of this forum.

Would you mind sharing what happened with you since 2016 till 2022, please.

Today you can claim Bitcoin at this faucet: https://freebitco.in/site/bitcoin-faucet/

I am not sure about other faucets.

A first Bitcoin faucet is Get 5 free bitcoins from freebitcoins.appspot.com in June 2010.
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March 07, 2023, 11:25:50 AM
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 #3

How did you know about Bitcoin in 2016, 2017 and know about those faucets but did not join the forum earlier?

You only joined Bitcointalk in 2022, about less one year and one month ago. It is good to know that you are Bitcoin adopter since 2016, 2017 and you are survivor since the past bear market and a current one because you are still here, around Bitcoin, this market and are a member of this forum.

Would you mind sharing what happened with you since 2016 till 2022, please.

Today you can claim Bitcoin at this faucet: https://freebitco.in/site/bitcoin-faucet/

I am not sure about other faucets.

A first Bitcoin faucet is Get 5 free bitcoins from freebitcoins.appspot.com in June 2010.




He probably didn't know about it earlier, just like me I have always loved and studied everything I know about Bitcoin and cryptocurrency since I left secondary school 5 years ago.but not until this year, when a friend of mine introduced me to this forum and explained what it is to me, so I decided to join. since I joined, I have learnt even more than I knew before about crypto.   
   You didn't make any mistakes bro, you only used your Bitcoin to solve some personal problems.

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March 07, 2023, 11:41:36 AM
Merited by vapourminer (1)
 #4

I hope someone learn one or two from my journey, if you can't afford Bitcoin, find a source of income first, enough to feed your needs and enough for savings or else you will go back to the last savior you have ( Your Bitcoin wallet) and spend it all to survive.
This is elite advice and anyone who couldn't read the whole thread should focus on this.
Bitcoin is not a way to make money, but an investment option to save up a part of your income for the future.

There is nothing that beats learning, maybe I would have had a different outcome if I focused more on learning. Because I will understand how valuable Bitcoin will be in the future.
Knowledge is invaluable. If one acquires knowledge before considering any investment their chances of being successful in the long run is much higher.
Successful in this context means either choosing the right asset and holding for a reasonable timeframe or avoiding wrong investments.

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KiaKia (OP)
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March 07, 2023, 11:44:13 AM
Merited by vapourminer (2)
 #5

How did you know about Bitcoin in 2016, 2017 and know about those faucets but did not join the forum earlier?

You only joined Bitcointalk in 2022, about less one year and one month ago. It is good to know that you are Bitcoin adopter since 2016, 2017 and you are survivor since the past bear market and a current one because you are still here, around Bitcoin, this market and are a member of this forum.

Would you mind sharing what happened with you since 2016 till 2022, please.

Today you can claim Bitcoin at this faucet: https://freebitco.in/site/bitcoin-faucet/

I am not sure about other faucets.

A first Bitcoin faucet is Get 5 free bitcoins from freebitcoins.appspot.com in June 2010.
I knew the forum existed, I have once stumbled on the forum before but I see no reason to join, I just prefer using google search engine to find my answers, also, I was more attractive to design of the website I visited, seeing how Bitcointalk forum is just white and black with nothing more I closed the website, probably my second mistake.

If I had just take my time to at least read why the forum existed, I would have learned a lot.

I just knew that Nakamoto Satoshi has an account on this forum not too long ago, imagine.

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March 07, 2023, 12:15:08 PM
 #6

I really like that all through the journey of getting and either losing or spending your bitcoins, you always found the courage to continue. You  have made changes to your method of getting bitcoins for keeping over the years and it nice.

I knew the forum existed, I have once stumbled on the forum before but I see no reason to join, I just prefer using google search engine to find my answers, also, I was more attractive to design of the website I visited, seeing how Bitcointalk forum is just white and black with nothing more I closed the website, probably my second mistake.
You were focused on something on just getting bitcoins which is good but not better than getting knowledge too. If you had an interest in learning, you would have been excited seeing a community of people with the same interest in bitcoins as you where you can really learn from, and that would have made you want to become a member. While looking for ways to earn, get and gather bitcoins, learning should also be encouraged among newbies.

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March 07, 2023, 01:10:50 PM
 #7

Even it's not that too long ago still that gives you that nostalgic feeling on how you had your humble beginnings. I also remember that's like the era of faucets where most newbies started with them.

Selling on 2018 was like a move that you'll never forget. A friend of mine that holds quite good amount of bitcoin back on 2018 sold everything that he's got, and the reason? He's too stressed with the price and thought that it will drop more. My last news about him is that he's no longer in the market.

Those that haven't got a bitcoin yet, there's no competition that you're being forced to join. There's the chill and easy way of DCA and that's the best strategy to accumulate whatever is the experience that you've gone with.


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March 07, 2023, 01:43:07 PM
 #8

Oh man, this does bring back memories. I had my notepads too (yeah even those faucet sites right in the beginning!). All the different sites, schemes, you name it, I had them down.

I even still have a bookmark folder of all the things I'd need to check on daily, weekly.

Plenty of bitcointalk bookmarks too. How to consolidate satoshis, how to do this, and that.

90% of the links don't work anymore. Or are just defunct pages.

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March 07, 2023, 02:54:45 PM
 #9

Bitcoin investment is not easy for those that have no good source of income.
This is correct, it is impossible to be a long term BTC investor if you do not have a job or a source of income, because even if you plan to hold your BTC for years, you will always have to spend from it for emergencies and to settle basic needs. I have heard there are traders who only trade as their job, i really don't know how they manage to do it, but i feel one should not trade or invest in BTC as their only job, even if you think you are an expert, there would be days profit would not come, and you may have to go borrowing to survive.

Do not feel that selling your BTC is the worst thing you could have done if you sold for an emergency situation, probably you can regret it if you sold because of panic or fud, or to lavish the money on things unimportant.

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March 07, 2023, 03:00:47 PM
 #10

interesting story, maybe if I look at files or history I might find something similar, where I found out about bitcoin in 2017, and I think I got a lot of memories, starting from this forum to learning to trade and following some ico,ieo,private sale , anything related to crypto.
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March 07, 2023, 03:17:40 PM
 #11

That's a good discovery, it will help you in recalling the past experience you have had about bitcoin and some other possible mistakes and right decisions you've made, this is one of the importance of archiving information, one day it will be a reference point to others and self, i hope it's either you're happy to have gone through the past history or rather forsaken some of the ugly mistakes you have done unknowingly, now that you're good at doing it, you could teach others who are newbies to learn from your experience and make the right path with bitcoin.
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March 07, 2023, 03:19:15 PM
 #12

How did you know about Bitcoin in 2016, 2017 and know about those faucets but did not join the forum earlier?

I personally found out about faucets far before I found out about Bitcointalk as well. And guess what? Probably a lot of Bitcoiners today found out about Bitcointalk far later down their path, and maybe a good chunk of them probably haven't heard of Bitcointalk at all.

Fun fact: you don't necessarily need to go through Bitcointalk to be a bitcoiner.

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March 07, 2023, 06:59:46 PM
 #13

Ahhh, that's a good discovery, it turns out that you saved it in open, which is still stored today even though it's been several years since I forgot about it, this reminds us of our past when looking for bitcoins from faucets.

This is an important experience where you have told everything about the past which could generate more than the airdrop and also some faucets that are claimed every 30 minutes or even once an hour, and since then it has been an extraordinary experience for you, of course we have experience things like where to start small and also free to earn a few cents on bitcoin.

About 2018 it was a dark year where bitcoin fell even worse this worsened the crypto market situation but at least you have become a hero for your own family because you have helped lighten the burden on the family including your own sister's expenses.

I also will not forget the past.

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March 07, 2023, 10:16:34 PM
 #14

Wow! It seems like you have found some old gold. What a journey you had, and don't regret your decisions. Your overall journey made you what you are now.
You sold your bitcoins for your basic need, and there is no point in regret. But the most important part is that now you understand your mistakes and learn lessons from them.
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March 07, 2023, 10:39:48 PM
Merited by vapourminer (1)
 #15

I hope someone learn one or two from my journey, if you can't afford Bitcoin, find a source of income first, enough to feed your needs and enough for savings or else you will go back to the last savior you have ( Your Bitcoin wallet) and spend it all to survive.
This is elite advice and anyone who couldn't read the whole thread should focus on this.
Bitcoin is not a way to make money, but an investment option to save up a part of your income for the future.

There is nothing that beats learning, maybe I would have had a different outcome if I focused more on learning. Because I will understand how valuable Bitcoin will be in the future.
Knowledge is invaluable. If one acquires knowledge before considering any investment their chances of being successful in the long run is much higher.
Successful in this context means either choosing the right asset and holding for a reasonable timeframe or avoiding wrong investments.

Agree, I have been saying this in other threads, Knowledge is key. Treat every day
as a school day!

As you learn more and more everyday you will realise why you need Bitcoin in your life.

What is remarkable is how the OP has never faltered in his quest to have Bitcoin, there
have been many opportunities to give up but has always been drawn to it. Brilliant.


R


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March 07, 2023, 11:06:44 PM
 #16

Wow! It seems like you have found some old gold. What a journey you had, and don't regret your decisions. Your overall journey made you what you are now.
You sold your bitcoins for your basic need, and there is no point in regret. But the most important part is that now you understand your mistakes and learn lessons from them.

It should not be a mistake of selling Bitcoin if its more about profit taking, no one knows the future of Bitcoin before so many sells their holdings while some took the risk and now enjoying Bitcoin more. Lucky to those who started early in cryptomarket, they are able to witness all the trend of Bitcoin and I’m sure they are more wiser now. Good to see old memories with Bitcoin, I’m sure you are so proud of yourself to starting early with Bitcoin.
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March 09, 2023, 05:45:20 PM
 #17

I think newbies should read this thread so they understand better why it’s important to use open sourced wallets like Electrum. I’m sorry you lost your bitcoins using non custodial wallets. I’m not familiar with free wallet, they probably shut down before I got into the crypto space. Xapo wallet is not even a real bitcoin wallet, they do not give users private keys or seed phrase. I have read bad reviews about them on the forum and online.
Like Mahirap said, there was nothing else you could have done at the time. You used the resources you had to take care of your little bro. That’s something to be proud of. You didn’t let your challenges stop you, on the bright sided it opened your eyes to learning more about bitcoin. 2018 till date is good enough time to learn and save some bitcoins. I hope you’re seeing good results.

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March 17, 2023, 07:54:11 PM
 #18

There is nothing that beats learning, maybe I would have had a different outcome if I focused more on learning. Because I will understand how valuable Bitcoin will be in the future.
I like your courage on staying focus to have bitcoin investment even after so many challenges you pass through due to lack of knowledge about bitcoin. Someone that don't have enough money to take care of his responsibilities should not rush into buying bitcoin but to learn,so that after proper knowledge of it.

I know so many newbies out there who don't know about this forum will be passing through this same challenge that you went through and might not be able to have the courage which you had to chase the knowledge of bitcoin and they will give it up. Some will be deceived by bitcoin FUD and that will be the end of their crypto journey.

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March 17, 2023, 08:29:20 PM
 #19

One's experience in life is what makes us and how well we used such experience will determine the aftermath of any other circumstances we find ourselves in, and continue with the investment spirit.

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March 17, 2023, 08:49:50 PM
 #20

interesting story, maybe if I look at files or history I might find something similar, where I found out about bitcoin in 2017, and I think I got a lot of memories, starting from this forum to learning to trade and following some ico,ieo,private sale, anything related to crypto.

OP has kept believing in bitcoin for close six years. This is encouraging members like us that are still in the industry. I have always wanted to be a long-term Bitcoin investor which is why I will never put my coin in the custody of any third party because they cannot be trusted. I might be wrong, but I have not invested in any other currency apart from bitcoin. Regardless of the amount of profit most of these shitcoin promises I have never had the motivation to buy them because as a new bitcoin have a full coincidence. Congratulations OP for your discovery and I hope you have learned your lessons

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