How not having money helped my Bitcoin journey

[darkv0rt3x]

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.

This is also kind of my spirit. I don't have that much money to buy Bitcoin like if there was no tomorrow, also because I have expenses every month, so I spend some of my time learning things about Bitcoin and Lightning Network. Of course I would love to know 10x more because I still know very little. But, this is a marathon, not a sprint race. So, I buy Bitcoin monthly and I learn as I need and at my pace! I also try to speak out about Bitcoin to friends, work colleagues, etc!

[Mate2237]

Op I really like your thread, I don't know why newbies always come here to say they need money to invest or they need someone to invest with them. Now the question is will they invest or buy bitcoin before learning bitcoin, how can you invest to business you know nothing or have little knowledge about. Those who are always asking people to invest with them or for them are not even Investors bit passerbys. Investment needs determination and knowledge about the business very well. So reading books is the major thing in the crypto Investment and not just coming to make noise.

[Casdinyard]

I think I speak for everyone here when I say that we all came from humble beginnings here (save for a good percentage here who were already balling even before bitcoin and crypto) so I don't think it should be that great of a concern if you don't have money to start with in bitcoin. I myself started my bitcoin journey with not even a dime on my name. Just worked my ass off starting with this forum and its abundance of signature campaigns and that's it!

I get how money could still be of a hindrance to some but it's not impossible you know. Just need to find the drive and resourcefulness

[imamusma]

Op I really like your thread, I don't know why newbies always come here to say they need money to invest or they need someone to invest with them.

Besides not having the money, it's very possible for most beginners to not have the knowledge and good means to start learning other things like the OP did. Laptops might really help OP develop knowledge, learn other things that can produce (mining bitcoins), but what about beginners who only have Android with low RAM capacity for example. So in the end the case of the OP and other newbie will be very different, but when someone has the will then surely the way is open for them.

Now the question is will they invest or buy bitcoin before learning bitcoin, how can you invest to business you know nothing or have little knowledge about. Those who are always asking people to invest with them or for them are not even Investors bit passerbys. Investment needs determination and knowledge about the business very well. So reading books is the major thing in the crypto Investment and not just coming to make noise.

The main context is having knowledge before investing in anything they are not familiar with.
Of course that is the best advice when starting out, but regardless, almost the average beginner these days comes to crypto because they had a mentor or someone who invited them. I don't see them making a fuss about it, but since some of them aren't well-informed it's worth the community to address it with some constructive advice.

[The Cryptovator]

From what I understand, you have been earning a decent amount from participating in Signature campaigns, which is possible when one is willing to learn. It's important to have proper knowledge and skills to earn in this field. Making excuses is just a way to avoid dealing with Bitcoin. However, if you set a goal to buy or earn Bitcoin, nothing can stop you. When you first joined this forum, you were not aware of the signature campaign, but you made an effort to learn and improve yourself. As a result, you have earned crypto from various sources and have become established in the field.

[famososMuertos]

This is the classic post of enthusiasm that must be had for any situation in life, the formal study is the beginning not only to have access to sources of work, it is of social and moral formation.

Now, for Bitcoin when I read these passionate posts, OP, honestly, first all, it is Really justified to say: I had no money and second, you have to delve so deeply into Bitcoin at an academic level to have it, so in both cases the answer is no.

Please! There is that Demystify this type of opinion matrices that want to show that, firstly, you have to have a lot of money to invest in Bitcoin and secondly, you have to be versed in Bitcoin to invest.

Ok, it is true, you have to learn certain basic concepts and if it is good to invest money that you do not need for your expenses, but we return to the point of the passionate OP, start with a small investment and in that process Read and find out about how to be part of Bitcoin, It is easy.

[_BlackStar]

From what I understand, you have been earning a decent amount from participating in Signature campaigns, which is possible when one is willing to learn.

Even the OP has been making $400 per month since his first post, and he has $300 saved to invest. So I think the OP's financial condition here is pretty solid even though he's made nothing out of the signature campaign.

Pay attention for this:

Is there anyway to increase my IQ about which crypto project to invest money on?
I make 400$ every month and I can save up to 300$ per month what exact amount is good for crypto project investment?

Of course the best thing about OP is his desire to learn. You will earn from whatever you do consistently, even though it may not be worth your time and effort. Even you will notice that not all of the Legendary here are making the $400 per month you originally stated ^{[like your first post],} so I think your path of progress depends solely on how you develop that investment strategy.

[inthelongrun]

When I started my bitcoin journey, I invested some money because I do not have much idea about earning bitcoins online. Also, the people around me convinced me that I should also invest money into crypto, particularly in bitcoin due to its high potential. They also invested money when they start their journey. Later did I knew that there are many activities that will let you earn money in crypto. Then I started to join groups on Facebook and met a lot of people that are into the crypto industry and many of them did not even spend money to invest yet they were already holding some bitcoins and altcoins. This indicates that a determined person can own bitcoin too thru its knowledge and skills.

[Sorryfor]

I would have made a lot of money by now if I had been investing since then as long as I have known about Bitcoin. But the sad thing is that at that time I didn't have any money to invest in bitcoins. I spent time studying when the price of Bitcoin was off the charts. And spent all the money I got from my family at that time towards my studies. But if I had started investing with a small amount then surely my life would have changed a lot by now. However, now is a good time to invest in Bitcoin, so take advantage of the opportunity.

[Hamza2424]

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.

Haha well, this is one of the replies I enjoyed much o this page.... 
Self-limiting please explain.. On the side, you are saying that don't force yourself to buy anything because you don't have money (How he is gonna buy it then (except debt)). At the same time, you are talking about sharing how to make money makes you self-limiting How?

Bro if someone is teaching you how to earn from the market then you should pick it up and try it because if it didn't work even if you've got experience and you've lost nothing. "Lear Instead" how as you said it makes you feel self limiting.

[LogitechMouse]

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.

Dual-core PC? Mining Bitcoin? You mining it using a Pentium 4 PC?
I'm not a miner, but if you are one of the early adopters of Bitcoin who mined on the early stages of it then you can mine it using that kind of PC, but if you mined it at around 5 years ago, I don't think it's possible to mine using that kind of PC. Please correct me if I'm wrong because I would be happy to be corrected.

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.

We've experienced the same.

I just graduated from college 5 years ago, and I find myself jobless for around months. That's the time where I started to learn Bitcoin thru reading here, watching documentaries, and watching different videos on Youtube. Giving myself some of my free time watching and reading every single day really helped me to gain more and more knowledge about crypto. Having no money at all didn't prevent me in learning at that time because I wanted to learn. I wanted to earn yes, and we all are, but instead of earning first, I did gain some knowledge first. I did earn thru bounty campaigns back when I was a newbie, but aside from doing that, I'm also gaining, and gaining knowledge every single day.

You not having any money mustn't be the reason why you will not learn Bitcoin.

[xSkylarx]

I would have made a lot of money by now if I had been investing since then as long as I have known about Bitcoin. But the sad thing is that at that time I didn't have any money to invest in bitcoins. I spent time studying when the price of Bitcoin was off the charts. And spent all the money I got from my family at that time towards my studies. But if I had started investing with a small amount then surely my life would have changed a lot by now. However, now is a good time to invest in Bitcoin, so take advantage of the opportunity.

All of us regret it, but we haven't noticed it. Everyone of us, if they knew that bitcoin would hit the current price for sure way back in 2010, would have already bought bitcoin and held it for more than 10 years, then they would have gotten rich. I was also studying at that time, but if ever I do have internet that time like how I used the internet today, I'm sure I'll stumble on bitcoin, but the problem is that the old me will be buying it as I really didn't have money that time.

[Gallar]

I agree with your opinion, your journey regarding bitcoin is very inspiring to me. But I want to ask, when you were how old were you familiar with bitcoin? did it ever work? and where do you know bitcoin. If you know bitcoin at a time when bitcoin is cheap, if you buy it, you won't get a loss either. Because you can see for yourself the price difference on bitcoin, in the past and at the present time. Because if I could go back to the past, to the time when bitcoin was still cheap, I would force myself to buy it even if I had to ask my parents (but that's just my imagination), because I like to regret it when I remember when I first got to know bitcoin, maybe when I was still in high school, so I didn't think about the long term.

Congratulations on your success in investing in bitcoin.

[crunck]

I get how money could still be of a hindrance to some but it's not impossible you know. Just need to find the drive and resourcefulness

It can be said that money is a problem for all of us, but the difference is that each person will have a different way of solving problems. Some lazy people refuse to work for money, and always whine about everything. Some people work hard to overcome current difficulties.

[Patrol69]

Maybe you don't have money right now so you can't invest in bitcoins but you have talent and you use that talent. Maybe you are not starting your bitcoin journey due to lack of money but at that time you should take various education related to bitcoin. But there is much to learn. Many people have enough money but they have zero knowledge about Bitcoin, so when they invest with zero knowledge, they put their financial resources at risk. 

Why would you risk your money unnecessarily?  Rushing on these platforms will never lead to success. Have enough patience. And you bring up another important point that,

"people regardless of their status as unemployed or students should get educated about Bitcoin".
 
Because if you get education, that education will be very useful someday. 

Or I want to say to those who say they don't have money and they can't do anything in life for money, not having money is temporary money will definitely come to you. And when wealth comes to you, you can use this talent to go far with your wealth.

[AnonBitCoiner]

Your activities are good and you learned about bitcoin is appreciable because there are so many individuals who don't give preference to the knowledge but are in rush to make investment in bitcoin. They have to understand the thing that only investment is not the actual thing but using you knowledge and getting profit is the actual way of earning.

I think that if a person does not have much money to invest then finding job is better for earning money and then save a little amount for the purpose of investment so in this case learning and earning both will be easily operated.

[South Park]

I would have made a lot of money by now if I had been investing since then as long as I have known about Bitcoin. But the sad thing is that at that time I didn't have any money to invest in bitcoins. I spent time studying when the price of Bitcoin was off the charts. And spent all the money I got from my family at that time towards my studies. But if I had started investing with a small amount then surely my life would have changed a lot by now. However, now is a good time to invest in Bitcoin, so take advantage of the opportunity.

You cannot know that, just as you think you would have earned a significant amount of money if you bought bitcoin earlier the opposite could have happened too, and if anything the negative scenario would have had more chances of actually happening, this is because to begin with trading and investing are a zero-sum game in which someone has to lose in order for someone else to win, but another reason is that as you mention your finances were not the best at the time, so even if you had some spare money to invest in bitcoin at the time, any crisis no matter how small and regardless of its nature could have been enough for you to panic and sell your coins.

[justdimin]

I also have to admit that sometimes not having money to invest early is also an advantage. Because we will have a lot of time to learn and research about it before making a final decision. If we rush to invest through advertising or someone's recommendation and do not have any knowledge about it, it will not benefit us.
I also used to lose a lot of money investing in Ponzi projects, I didn't do any research and just focused on the profit I would get. And the price I have to pay is to lose all the money invested.

I would say it depends on the person and the moment. If you have money to invest and it is too late and you buy bitcoin at 68k then you made a mistake. If you do not have money and can't buy it at 68k then that is a good thing because it would have gone down. If you do have money and buy at 16k that is a good thing. But, if you do not have money and can't buy at 16k then that is a very bad thing and missed a chance.

As you can see being able to buy or not be able to buy depends on the price and what you would do. If you were willing to do one but can't things change and depends on the situation. I hope that everyone has money when the price is low, and not have more to invest when it peaks so that you could make a profit.

[Awaklara]

Your activities are good and you learned about bitcoin is appreciable because there are so many individuals who don't give preference to the knowledge but are in rush to make investment in bitcoin. They have to understand the thing that only investment is not the actual thing but using you knowledge and getting profit is the actual way of earning.

I think that if a person does not have much money to invest then finding job is better for earning money and then save a little amount for the purpose of investment so in this case learning and earning both will be easily operated.

when someone does not have stable finances. in the sense that the needs are met and there is still some left to allocate to something like an investment. it will be quite difficult. OP is doing what he can, learning with what he wants to grow. whatever his current results, he now had enough knowledge from what he had been working on for years.
I also have a friend, who has enough money to invest in Bitcoin. he's just asking for advice on buying and selling. without knowing anything about Bitcoin development. even when the FTX crash event caused the price to decrease, my friend just panicked and didn't know what was going on.

[Bananington]

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

I like this. Your story really will be motivating to people who had the idea that without money they do not need to know what bitcoin is. Knowledge is very important, and getting knowledge before money comes in will put you in a very god position to make better decisions when the money comes. Also because we are positive that money will come, knowing what to do with that money that we expect is very good, especially before the money comes. Not having money to invest immediately can be good if you take the time to learn first before the money comes. Having money to invest quickly can make you make wrong decisions that you will regret.