How not having money helped my Bitcoin journey

[kryptqnick]

That's an interesting perspective from the op, but I also believe it's somewhat unjust that some people have the funds, and they can buy Bitcoin if they believe in it, and there are some who also believe in Bitcoin but can't try it out, can't improve their financial situation even though they could really use an improvement (at the same time those who can afford to invest a lot in Bitcoin probably already have tons of wealth and the marginal value of them getting even more wealth is pretty low). But another way, aside from taking your time learning about Bitcoin, is to find a way to earn in Bitcoin (if you're not a minor, that is), which will mean you can get BTC without buying BTC.

[Hyphen(-)]

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 don't think this is true and will be useful to all beginners here and out there.

Some people can control themselves and make sure they don't make the wrong decision even if they have the money to invest; they will take their time to learn and acquire all of the basic knowledge and guidance they require before investing their money in cryptocurrency because they understand how risky it is to invest in anything you don't understand.

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.

If you have the money now, it could have been an opportunity for you to at least invest in Bitcoin because you know it is the most reliable cryptocurrency coin to invest in because you will feel that this is the right time to invest so that you can see how your Bitcoin price grows during the expected halving in 2024.

[Findingnemo]

You don't necessarily need money to make money for example lot of influencers are making money for simple tweet or a video or an article about a project so it all depends on how we convert of existing skills to money and ofcourse investment will help the money to multiply and keep on increasing. So it really depends on every individual and what kind of skills they have because there are numerous ways to make money so all we need to do is to find which one will suit you better.

[Ultegra134]

I was quite young when I was first introduced to Bitcoin, and I had neither the means nor the money to do so. Thus, I resorted to scouting the forum and trying to learn as much as possible. Learning is a never-ending process. I've made plenty of mistakes throughout the years that have cost me a great sum of money.

However, the amount of money out of my own pocket that has gone towards purchasing crypto is minimal compared to the amount of money that I currently hold in Bitcoin. This forum is a great source of information, and if you take advantage of the opportunities it offers, you'll start generating income from scratch. Keep up the good work, and eventually it'll pay off.

[serjent05]

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.

I agree, knowledge is one of the keys to prosperity.  Knowledge is also critical for earning factors.  To get knowledge of certain topics we need to learn.  @OP is correct in trying to understand Bitcoin rather than jumping before thinking.  He might have lost lots of money if he do that (assuming he has money to invest).  Luckily, @OP cannot do that because of lack of resources and @OP is wise in thinking learning is the key to his Bitcoin journey despite of lack of funds.

Knowledge through learning is essential especially when we are about to explore a new industry that has lots of potentials to give us profitability.  Knowing the factor to take advantage of potentials is the right thing to do.

[Fivestar4everMVP]

Trust me mate, I get where you are coming from, but also know that even money makes learning easier, just imagine you had the money to acquire your own bitcoin mining equipment at that time, you would have learnt completely with first hand experience, how bitcoin mining works, and also at the same time, in the process of learning, make good money for yourself..

So don't underrate what money can do, money is still very important, even in learning, but I understand and agree that those who don't have it yet, should not feel left out, they can still learn a thing or two regardless, while doing all they can to make the money so as to possess a faster learning process/ability.

[South Park]

snip

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.

Exactly, while not having any money is an obstacle as you cannot bitcoin directly at the end that is all what it does, it does not prevent a person from earning bitcoin directly or from learning all what they can with the time they have available, then once they have enough money they can buy bitcoin and avoid most of the mistakes newbies make, however not many people think this way, which is why even if some people have known about the existence of bitcoin for a long time and they had a desire to buy it, once they do it they cannot avoid making the mistakes newbies make and lose a substantial amount of their capital.

[Yatsan]

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.

Well, you do have a point; investing on knowledge first before actually buying or engaging into it. But there will be things in this industry which can only be learned through experience such as endurance to market price volatility. Textbook knowledge is good but things does not simply work as it was stated in the books; the market behaves in no particular manner in the first place, therefore, no certainty. Let us say you have the prior knowledge of something but not all the time, things would work smoothly on the actualization for sure there will be differences. What I am trying to point out? We have different ways to achieve one specific goal.

[Sarah Azhari]

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.

There is another way to have Bitcoin without a lot of money. for example by claiming a faucet on freebitco, or others, but that makes spend your much time if you don't have the skill to multiply it. And, you have to know, I don't have money a year ago, but I really love to own Bitcoin and I research, then find a way how to have it, yes, I join the signature campaign and save the bitcoin, but you must a lot of time to read about crypto and bitcoin, nothing is free in the world if you want, then you must learning hard.

[borovichok]

Trust me mate, I get where you are coming from, but also know that even money makes learning easier, just imagine you had the money to acquire your own bitcoin mining equipment at that time, you would have learnt completely with first hand experience, how bitcoin mining works, and also at the same time, in the process of learning, make good money for yourself..

So don't underrate what money can do, money is still very important, even in learning, but I understand and agree that those who don't have it yet, should not feel left out, they can still learn a thing or two regardless, while doing all they can to make the money so as to possess a faster learning process/ability.

Without money, opportunities missed, he might be happy that he didn't go into crypto earlier because he's scared of losses, he would have been among the first set of people to enjoy full massive profits from bitcoin. Real facts OP, money served everything in the crypto space because we are offered new opportunities to turned out good profits from solid projects, it doesn't matter the number of times a trader have recorded losses, never giving up and pushing harder have been my ultimate slogan and it have really helped me over the past years.

[SquirrelJulietGarden]

Without money, opportunities missed, he might be happy that he didn't go into crypto earlier because he's scared of losses, he would have been among the first set of people to enjoy full massive profits from bitcoin. Real facts OP, money served everything in the crypto space because we are offered new opportunities to turned out good profits from solid projects, it doesn't matter the number of times a trader have recorded losses, never giving up and pushing harder have been my ultimate slogan and it have really helped me over the past years.

Investment should be made with money that is like your savings. After you use your salary for necessary things in life, to survive from hungry at least, and reserve some money for emergency, you can use the rest of your money for investment.

Investment can be in stocks, gold, bitcoin or altcoins but if you ask what are safest assets for investment, I would like to answer they are gold and Bitcoin.

Stocks can collapse, altcoins can collapse or die. Gold is here many centuries and Bitcoin is here since 2009 through one global economic recession and might be a witness of an ongoing recession.

Investment when don't have money to use in life, for emergency is a bad plan and I don't recommend to bet your life with investment even I do love and believe in Bitcoin.

[CarnagexD]

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.

There is another way to have Bitcoin without a lot of money. for example by claiming a faucet on freebitco, or others, but that makes spend your much time if you don't have the skill to multiply it. And, you have to know, I don't have money a year ago, but I really love to own Bitcoin and I research, then find a way how to have it, yes, I join the signature campaign and save the bitcoin, but you must a lot of time to read about crypto and bitcoin, nothing is free in the world if you want, then you must learning hard.

Right. Also, if you are unable to invest a money in Bitcoin, you can still participate in the cryptocurrency market by buying smaller amounts over time or just offer goods or services for payment in Bitcoin. It can allow you to acquire the currency without spending traditional money.

But of course, like what you've said, it's important to do research about Bitcoin before investing, even if you don't have money yet, because it will help you understand the risks and potential benefits of investing in Bitcoin. This knowledge will help you make an informed decision if and when you decide to invest in the cryptocurrency someday.

Without money, opportunities missed, he might be happy that he didn't go into crypto earlier because he's scared of losses, he would have been among the first set of people to enjoy full massive profits from bitcoin. Real facts OP, money served everything in the crypto space because we are offered new opportunities to turned out good profits from solid projects, it doesn't matter the number of times a trader have recorded losses, never giving up and pushing harder have been my ultimate slogan and it have really helped me over the past years.

I think that's just how OP cope up with the fact that he wasn't able to enter the market early. The way I read it, he's just taking advantage of the fact that he had no money during that time because if he did and he didn't have the knowledge, definitely his investment will go to waste. So congrats to OP for using his time wisely. Despite the fact that he didn't have any money before, he made a great investment in his knowledge.

[S A KHAIR]

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.

There is another way to have Bitcoin without a lot of money. for example by claiming a faucet on freebitco, or others, but that makes spend your much time if you don't have the skill to multiply it. And, you have to know, I don't have money a year ago, but I really love to own Bitcoin and I research, then find a way how to have it, yes, I join the signature campaign and save the bitcoin, but you must a lot of time to read about crypto and bitcoin, nothing is free in the world if you want, then you must learning hard.

Earning bitcoins from the faucet is no longer a good return and a real waste of time. Instead of looking for freeways, we should go out to work, earn an outside income and then it will be easy to invest in bitcoin. Don't try to waste time sitting in front of the computer for hours looking for free stuff, they are useless.

[GreatArkansas]

(....)
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.

People must always think this. Because from what I observe most new people who are coming to the Bitcoin space are greedy, they only want easy money, they don't want to learn what Bitcoin is because they only think is easy money. Very bad move for newbies I believe.
Having good knowledge on Bitcoin will help you to make money depends from your goal, so everything must be learn first.

[dansus021]

Well the newbies or newcomer should see this thread https://bitcointalk.org/index.php?topic=5262967 this post made by zasad@ and he interview many people and I read some of it the old member usually not buy bitcoin they earned it. Even my self earned from this forum.

Back when covid attack I was fired from the company I worked with and the company is bankrupt. and then I reactivated this account learn something new again about Decentralized Finance Smart Contract and a other things. and here I am full time crypto  some member in my group earned billion in my local currency just by doing airdrop crazy right Crypto is the best place to earn and lose money keep learning and keep doing. Maybe you will be the next millionaire 

[pawanjain]

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 a good point of view. It's great that you didn't waste your time and invested your time wisely learning more about bitcoin.
That itself is a better achievement than investing in bitcoin directly. Besides that, another perspective is that if you would have invested few years back then you would have bought at a higher price than what it is now.
So not having money back then was good for you because you can buy more BTC at a lower price now.

[Similificator]

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.

Congrats and way to go for finding the best path for you at the tough times of your life, you deserve every win you have achieved up to this moment. It is great that you are sharing your experience and thoughts to help out others which is truly appreciated.

One thing to make clear though so as to not confuse newbies that my come across this post of yours is that the drive for learning about something has many reasons or triggers and one's financial status is only one of the many out there. Regardless of one's financial status, one should always strive for new knowledge and self-improvement rather than letting one's self be stagnant.

So, to the newbies out there if you somehow stumble upon this, keep in mind that you should not look for justifications or reasons just to learn about something new or improve your current knowledge about something (not just about bitcoin or any crypto currency). Instead, be hungry for more self-improvement.

If you do this, I promise you that all the good things that would come along the wisdom that you have built up over time will serve as the best justification for all that effort.

-Great post OP.

[Alisha-k]

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.

I get your point, persons with money would just want to rush into the system without 1st analysing or properly carrying out a research on what they're going in for.

[deathcode]

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.

I agree with what you said OP, if we don't have the money or capital to enter the world of cryptocurrency then it's better for us to learn more about it and not waste time just regretting, complaining or not being confident.
Glad to hear your story OP, there is a lesson to be learned when you are not in too much of a rush to get Bitcoins. Luckily you can direct or use your inability to motivate you to learn more about crypto.
Money is indeed important and in my opinion it has become one of the main needs of everyone, we definitely need money to buy anything and provide for our daily life, even to get Bitcoin through trading or investing we still need money.
But sometimes having a lot of money will also bring out bad human traits, which will make us sometimes greedy and act stupid.

Sometimes rich people who have a lot of money but have little or no knowledge may be easily deceived and cannot take advantage of their wealth.
But people who have extensive knowledge may be better able to seek and see every opportunity that exists to make a profit.
But in my opinion besides having money we also have to have a lot of knowledge, so if we can balance having both it will be better.

[Viscore]

You are right in there. Money should not be the first thing to acquire but certainly knowledge and skills. Invest in yourself first before you invest for profits. And once you have that, you will have easy money coming your way. However, when it comes to investing, it’s still a basic thing to do to invest cautiously. Especially if you have less money to invest, at least you should be avoiding creating mistakes as that will lose the money that you put in.