How not having money helped my Bitcoin journey

[Z390]

I see how some newbies are complaining about not having enough money to invest in Bitcoin, some times not having money is a blessing in the crypto space, if I had money years ago when I knew about crypto I would have made all the possible mistakes in the book, and that would have cost me a lot.

I had no access to money when I knew about Bitcoin, I had the desire to acquire many Bitcoin but I have no way, instead of moving on with my life I kept myself busy, reading and reading about Bitcoin, installed my first Bitcoin wallet on a Pentium 4 PC, I knew about Proof of work, I tried mining for the first time using a dual-core PC ( second PC ), if I have enough money to invest I wouldn't have had time for all this learning.

I got so calm, because what is there to rush about? I have no money anyways, since that time learning became my first priority.

If you don't have the money yet, maybe because you are jobless or still in school, do not let that be the reason to be out of Bitcoin, there is more you can learn that will help you in your crypto journey.

Money is coming, but be prepared by learning about Bitcoin, you will be in safer hands with the knowledge you would have acquired.

[Dr.Bitcoin_Strange]

Congratulations, because it helped you learn more about Bitcoin technology. But, well, every human doesn't have the same character, and that experience of yours was a disadvantage to others as well. Some wished they had had enough money to invest in Bitcoin because investing doesn't really require all the knowledge about Bitcoin. IMO, people can only have two major regrets about Bitcoin investment: not having money to invest in the early days and not having the knowledge or help to make them invest. When I first heard about Bitcoin, I was terrified that my money would simply vanish if I invested in it; I didn't know anything about it, and there was no one who could teach me.

[Doan9269]

I got so calm, because what is there to rush about? I have no money anyways, since that time learning became my first priority.

If you don't have money to invest, there are many ways to get yourself aided in this, one of which is to engage in doing menial jobs that can help you have some savings, provide services for people or organizations that will pay you in bitcoin, take you time to invest in learning about bitcoin even before investing, don't also make the mistake to borrow money from any source no matter how the amount is.

[SamReomo]

I see how some newbies are complaining about not having enough money to invest in Bitcoin, some times not having money is a blessing in the crypto space, if I had money years ago when I knew about crypto I would have made all the possible mistakes in the book, and that would have cost me a lot.

I had no access to money when I knew about Bitcoin, I had the desire to acquire many Bitcoin but I have no way, instead of moving on with my life I kept myself busy, reading and reading about Bitcoin, installed my first Bitcoin wallet on a Pentium 4 PC, I knew about Proof of work, I tried mining for the first time using a dual-core PC ( second PC ), if I have enough money to invest I wouldn't have had time for all this learning.

I got so calm, because what is there to rush about? I have no money anyways, since that time learning became my first priority.

If you don't have the money yet, maybe because you are jobless or still in school, do not let that be the reason to be out of Bitcoin, there is more you can learn that will help you in your crypto journey.

Money is coming, but be prepared by learning about Bitcoin, you will be in safer hands with the knowledge you would have acquired.

That's so true! Not having enough money can actually be a good thing because it teaches us to be strong and focus on doing things that matter. I think you did an amazing job by installing that wallet and starting to mine Bitcoin on that old computer.

I'm guessing you either held onto those mined Bitcoins for a while or sold them when the price went up to $100, but either way, it's great that you shared your story with us. It really helps new Bitcoin fans understand how things used to be and how far we've come.

[Eternad]

This is true. The desire of someone to learn how to earn is much stronger if you need something badly rather than when you already the thing you are looking for which is money.

Still, It’s a case to case basis because you can do better when you have money during the early stage of Bitcoin for a better investment. The best example here is the winkleboss twin who invested there money that get from Facebook lawsuit to Bitcoin that result for a greater fortune to them. This will not gonna happened if you will start from nothing because Bitcoin price keeps growing in fast phase.

[alastantiger]

I had no access to money when I knew about Bitcoin, I had the desire to acquire many Bitcoin but I have no way, instead of moving on with my life I kept myself busy, reading and reading about Bitcoin, installed my first Bitcoin wallet on a Pentium 4 PC, I knew about Proof of work, I tried mining for the first time using a dual-core PC ( second PC ), if I have enough money to invest I wouldn't have had time for all this learning.

I got so calm, because what is there to rush about? I have no money anyways, since that time learning became my first priority.

I agree... sometimes lack of a resource and hunger are the fuel needed to accomplish great things. Most persons who invested in bitcoin may have done so because they wanted to change their circumstance. They wanted to improve the economic situation in their family.

Glad in your case you took the right steps. While you may not have had money but you had a PC that could work some persons do not even have a PC, they started with their mobile phones until they were able to take profit and invest in a better electronic device. Like you said, patience is key in the bitcoin journey.

[MAAManda]

Your opinion is not entirely correct, but it is better than having no money and giving up on the crypto journey. For me, if only I had money when I first got to know crypto, especially Bitcoin (BTC), then I would be a more settled person in life. We must remember that every time we make any investment, of course at the beginning we have to do research first, why are we investing in Bitcoin (BTC) and what is its potential in the future.

And in the end, I can only share what I know, trying to help other users solve their problems/questions through this forum, and finally I was able to join the signature campaign and get my first Bitcoin (BTC).

[Gianluca95]

This is true. The desire of someone to learn how to earn is much stronger if you need something badly rather than when you already the thing you are looking for which is money.

Still, It’s a case to case basis because you can do better when you have money during the early stage of Bitcoin for a better investment. The best example here is the winkleboss twin who invested there money that get from Facebook lawsuit to Bitcoin that result for a greater fortune to them. This will not gonna happened if you will start from nothing because Bitcoin price keeps growing in fast phase.

Maybe, it depends. You should consider that in 2009-2011 mining were really easy to do and anyone with a PC were able to earn a good amount of Bitcoin. Yes, naturally you should have accumulated it for years before to see

a big sum, but pioneer in the early stage has had possibility to change their entire life.

About the OP, totally agree with him, learning is more linked with desire to earn something, the more desire you have, the more you'll earn probably.

[xSkylarx]

We had the same experience way back in 2016 I know Bitcoin already which that is the time of Ponzi schemes and I got scammed also, I don't have work at that time and I am a fresh graduate I am finding for a job online or any side hustles which I discover bitcoin though I don't have money to invest on it which it makes me to the point try to earn bitcoin without any investment and I've finding task like making logo which paid in bitcoin and other services online which I earn that time and uses it for investing bitcoin but I always sell it as I tend to panic sell

[ajiz138]

If you don't have the money yet, maybe because you are jobless or still in school, do not let that be the reason to be out of Bitcoin, there is more you can learn that will help you in your crypto journey.

Knowledge and understanding are the most important when you have mastered the learning, so when you have it you will be ready to invest because you have already learned the experience, so it is not a matter of money that is the main factor but the others must be balanced so that this will be the right decision when you are ready for everything.

Need to hone your skills to get better at bitcoin knowledge of course there is a lot more to it than that if you have a lot of time space then it will be important to stay focused and learn what you don't know there are many resources here and you can make the information you need include your initial journey with bitcoin.

Money is coming, but be prepared by learning about Bitcoin, you will be in safer hands with the knowledge you would have acquired.

You can also make money here from the Games and Rounds board because there have provided several sweepstakes with bitcoin prizes in the sense that if you are lucky enough then you will win it.

[rhomelmabini]

I had no access to money when I knew about Bitcoin, I had the desire to acquire many Bitcoin but I have no way, instead of moving on with my life I kept myself busy, reading and reading about Bitcoin, installed my first Bitcoin wallet on a Pentium 4 PC, I knew about Proof of work, I tried mining for the first time using a dual-core PC ( second PC ), if I have enough money to invest I wouldn't have had time for all this learning.

Same story of mine, was fresh graduate, has student loans and most of all still job less. I got nothing when I started about crypto but the thing that was introduced me was about gambling but I'm not a fan of it, instead, I read lof stuff about it and want to know how people earn on it. It was really hard at first but you need to, just to make some decent amount of cash.

[robattfield]

I want to say this to OP, basically money is very necessary in life but sometimes it is necessary to look at the real essence of the problem. Knowledge helps us to achieve everything, and the necessary preparation for newcomers is to equip them with the basic skills and knowledge of the market. Sharing how to make money in this market makes me always feel self-limiting, if you don't have money then don't force yourself to buy anything, learn instead.

[Lorence.xD]

That's a good initiative of you OP, I respect that people may have issues in life that causes them to be jobless, or a student which they doesn't earn yet. But I always think that you will always have a time to find your opportunity. So I did the same thing the OP did as a student, I've heard about Bitcoin and how you can earn from it. So I did my own research online, watch some videos on yt and explored the trading/investing app. Its actually tempting to do some trading/investing if you have already the knowledge with it, the only problem is that I lack funds. That's why I started from low since that's all I can afford as a student and looks like my studying pays off well. It made me ready to this industry also avoided to risk carelessly since we don't have to rush on this things.

[uneng]

Having money or not, the fact is that we have to do everything we can with the tools we have under our disposal. The ideal is that you ally money to knowledge, so you will be able to start investing since the beginning of your journey in crypto environment, while learning how to keep your money safe, however, since it's not the case of every enthusiasts, they have to find alternative ways to start building their portfolios.

The most common way is through online jobs and tasks. The point is that sooner or later you will need to find a way of acquiring money to start investing in Bitcoin, otherwise all your knowledge regards this matter will be in vain...

[bosede1]

I won't agree with you saying you don't have money then, my view is that buying Bitcoin wasn't your priority or preference because you have a PC and have money to access the internet showing you are not poor, maybe then you thought you need to own million before you can invest.

[maydna]

Those who don't have the means to start investing in bitcoin can use other methods such as joining a bounty campaign program and then getting paid in tokens from the project. After that, they can sell their tokens to BNB or even directly to BTC to own their first BNB or BTC.

Only people willing to try will get results while people with many reasons will not develop and will not be able to change their lives for the better. Do not make our limitations as an excuse.

[Husires]

I tried mining for the first time using a dual-core PC ( second PC ), if I have enough money to invest I wouldn't have had time for all this learning.

I don't know what you're trying to mining, but it's definitely not bitcoin, or at least not at the moment.
If by knowledge you mean mining, then mining requires knowledge and money, not just knowledge.
Learning in itself is a beautiful thing, but investment needs more, and not only learning, but money.

Learning may bring you that money, and it may be in other ways, but a financial return is required to be able to invest.
Knowledge helps you to improve the chances of doubling this investment and achieving an ideal income that enables you to invest quickly.

[Edwardard]

I won't agree with you saying you don't have money then, my view is that buying Bitcoin wasn't your priority or preference because you have a PC and have money to access the internet showing you are not poor, maybe then you thought you need to own million before you can invest.

Nowadays, even poor guys got a phone and an internet access. But they can't understand how smartly to invest in assets rather than having liabilities, which makes all the difference.

Those who don't have the means to start investing in bitcoin can use other methods such as joining a bounty campaign program and then getting paid in tokens from the project. After that, they can sell their tokens to BNB or even directly to BTC to own their first BNB or BTC.

Just to add, you need a good high ranked account to earn enough from bounty campaigns. And to earn a high rank, you need merits and for that you need knowledge, etc. Also, I wont recommend joining any random altcoin bounty campaigns, most of them end up giving just a few bucks at the end of the month due to rapid price drop and scummy nature. Give priority to bitcoin based campaigns.

[SyndicateLabs]

Each of us has our own personal stories of how to approach bitcoin and this market, I think over time if everyone persists with them they will all learn different lessons about this market. Some personal opinions like the OP also contribute to each person's approach, for me, failure is an important lesson to make me stronger, and that's not the end, yes. Maybe I had a lot of luck that kept me from getting too caught up in the money vortex, so since I realized the potential of this market, I only see that life is complicated or simple is up to you to decide.

[Jawhead999]

How it's possible you can mine Bitcoin using Pentium 4 PC?

Don't looking a way to generate Bitcoin or get free money since it's mostly wasting time, you're need to learn about a new skill to make money e.g. designer, illustrator, digital marketing etc.

You just need to learn about Bitcoin in general to make you understand and have a reason to buy it, then you need to learn about wallet and how to make a transaction. Don't need learn to far if you're still struggling to make money, it's wasting time IMO.