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Question: What was your first purchase in btc or the one you would like to make?
HODL
Don't remember
a pizza
illegal stuff
a house
a car
I wil spend them for a special occasion
I have only shitcoins

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Author Topic: Your first purchase in btc: the craziest, the most moving, the most expensive  (Read 451 times)
Onyeeze
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June 29, 2023, 08:21:52 PM
 #41

Hello,

What was your first purchase in btc that was a special event for you : it was nice, cute, exciting or great. If you hodl, will you ever spend your btc ?

If you're a dreamer, what would be your dream ?
It's clear that bitcoin is an asset and anyone holding it bitcoin for long term that person is targeting future profit as I said before, so everyone dream in bitcoin investment is to make a profit in any investment perform with bitcoin, their is some certain things I know that people who invest in bitcoin always think of, (1) their purpose of running a long term investment with bitcoin is to make profit, for example if bitcoin price is at 11k and they purchase bitcoin in year 2011 and hold bitcoin till 2023 and the price of bitcoin appreciate triple times of what they bought that means the invest have made a surplus profit, that is why billionaires take risk for investment and get more richer, my dream in bitcoin investment is to be buying bitcoin and keeping for future profit

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June 29, 2023, 08:51:23 PM
 #42

If you're a dreamer, what would be your dream ?
I don't want Satoshi to come out of hiding (if alive) and sell all his bitcoin in the future.
Regarding the investment plan, of course I always try to continue to accumulate as much bitcoin as I can. I just really hope that bitcoin can help me financially in my old days so I can sit quietly without a lot of financial burdens.

I don't think about how I should spend bitcoins in the future if it is an investment asset. I don't use it as currency in my country, so it's just a high value asset. But of course it's great if my country can legalize bitcoin as a means of payment, so many people will get easy transactions with it.

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June 29, 2023, 08:55:49 PM
 #43

As far as I recall, my first Bitcoin purchase was a piece of land because we were living in a squatter area. When you live in a squatter area, you never know if you'll be forced to leave the next month because the area is being used by the government. That is what I am concerned about. That's why I got a land because it's also an investment; I'm very grateful and surprised that I can buy a land with Bitcoin income. I'm grateful to Bitcoin because it's the reason I'm where I am now.

I will always believe in the potential of Bitcoin, regardless of its price, since Bitcoin is a game changer.
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June 30, 2023, 09:41:30 PM
 #44

As far as I recall, my first Bitcoin purchase was a piece of land because we were living in a squatter area. When you live in a squatter area, you never know if you'll be forced to leave the next month because the area is being used by the government. That is what I am concerned about. That's why I got a land because it's also an investment; I'm very grateful and surprised that I can buy a land with Bitcoin income. I'm grateful to Bitcoin because it's the reason I'm where I am now.

> illegally occupy property, because f**k government, private property and capitalists.
> save tons of money from not paying rent and utilities.
> use that money to buy private land, like a true capitalist.

You sir, are a genius. Respect.

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lalabotax
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June 30, 2023, 09:58:01 PM
 #45

I don't think I have that kind of experience because I'm not the type of big investor who does some crazy things to invest in cryptocurrencies. in fact, I am well aware of my ability to invest, so I prefer reasonable investments, especially in certain Bitcoins and AltCoins. 

However, there are indeed a number of things that are moving, especially regarding the selection of strategy coins and several other important and significant things based on past experiences, both bad and profitable. Especially if it is an investment in several altcoins where I have invested in altcoins and the results were very, very bad. This is where I learned a lot about how to choose an investment that is at least safer than just like gambling.
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June 30, 2023, 11:40:55 PM
 #46

Haha 😂
My first ever, which is still my last by the way, with full payment in bitcoin is my motor bike, which I purchased last year around this time, June/July...
I must confess that it's very exciting, even until this very moment, I am still enjoying my motor bike, and each time I ride on it, my love for bitcoin increases because it gives me a sense of how valuable bitcoin really is, and it's power to turn people's financial situations around.


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July 01, 2023, 01:33:59 AM
 #47

~
What was your first purchase in btc that was a special event for you : it was nice, cute, exciting or great. If you hodl, will you ever spend your btc ?

If you're a dreamer, what would be your dream ?
It's always great (at least for me) to share some of my past experiences here in the forum that's related to Bitcoin or crypto in general. Smiley

First purchase in Bitcoin? I can't remember if there are some earlier purchases that I've did before this one, but what I remember is I built a personal computer using Bitcoin. Well, I didn't use Bitcoin to pay directly obviously, but I converted my Bitcoins just to build my first PC. If I remember correctly, I converted nearly 0.08 BTC, and that was in 2019. Just imagine if I choose to hold it , and sold last bull run, and didn't bought a computer. I would've been richer right now, but of course we don't know the future, and TBH I don't have no regrets on it because I didn't have any computers to use at that time, and I urgently need it.

What would be my dream? Hold cryptocurrencies as much as I can, profit on it as much I can, and use it to help others. I know that sounds a bit crazy, and it might took a long time, but that's my dream. Smiley

 
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July 01, 2023, 06:44:56 AM
 #48

Hello,

What was your first purchase in btc that was a special event for you : it was nice, cute, exciting or great. If you hodl, will you ever spend your btc ?

If you're a dreamer, what would be your dream ?

Over the years I made quite a few purchases with bitcoin, I bought most of my latest PC games with bitcoin and also my last PC upgrade was paid with bitcoin. In CSGO I bought and sold a lot of skins with bitcoin, but all of these purchases were nothing special. My only real special purchase with BTC  was my bicycle, which makes me happy every time I use it. Now during summer I use it almost every day and it reminds me of the good things coming from the crypto world. My dream would be to maybe one day buy my own apartment or house with bitcoins, which is a dream that is so far away right now and could take a lifetime to achieve.
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July 01, 2023, 07:57:56 AM
 #49

I don't remember exactly but it was some gambling game on the internet I forgot the name, when I received a small amount of almost $50 and the minimum withdrawal of bitcoins did not meet, so I have to buy bitcoins and deposit to withdraw, it's lucky then because real withdrawals are possible when later on most such forms are scams. Actually, when I realized that bitcoin really does provide financial value, I was always happy to have known it, perhaps the more rewarding memory that I have since had to sell bitcoin to pay the rent, and then it made me feel like an idiot when I saw less than a year later that money could have paid me a whole year's rent, really a lot of happy memories, but overall for me at first with bitcoin was curiosity in the internet space.

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July 01, 2023, 08:31:04 AM
 #50

Honestly, I can no longer remember the first purchase that I did with my first btc and that is because I was too busy for several years back then when I can't remember a lot of things. But most probably it's like a treat of myself for having some good food.

Haha 😂
My first ever, which is still my last by the way, with full payment in bitcoin is my motor bike, which I purchased last year around this time, June/July...
I must confess that it's very exciting, even until this very moment, I am still enjoying my motor bike, and each time I ride on it, my love for bitcoin increases because it gives me a sense of how valuable bitcoin really is, and it's power to turn people's financial situations around.


Wow, congratulations to you mate. This surely is a nice bike to have, you enjoy the travel and some breath of fresh air while being proud that this has been purchased with your profits made through bitcoin.

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July 01, 2023, 11:03:16 AM
 #51

(...) If I remember correctly, I converted nearly 0.08 BTC, and that was in 2019. Just imagine if I choose to hold it , and sold last bull run, and didn't bought a computer. I would've been richer right now, but of course we don't know the future, and TBH I don't have no regrets on it because I didn't have any computers to use at that time, and I urgently need it.

I understand, I had the same feelings about my past bitcoin purchases and had some regrets of just not stacking up and holding, especially for buying things that weren't good for me like cheap cigarettes etc.
But I came to the conclusion that it's a flawed logic, for two reasons: 1) if everyone was just holding from the start without using it, Bitcoin would have probably never taken off; 2) it's very unlikely you would have correctly identified the right time to sell anyway, i.e. in 2014 many people regretted not selling in 2013 when BTC got to $1,200, and many had thought it would never get there again.

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July 01, 2023, 06:46:53 PM
 #52

I don't think It really does matter, although for some people it matters most to them because it makes it more real to have purchased a real thing with Bitcoin for the first time. I know I felt happy the first day I made a purchase with Bitcoin, but I can't remember very well again because I have purchased a lot of things with Bitcoin. Apart from that, I have made a lot of archivment from my Bitcoin investment after the exchange to fiat, so I think it still adds up for me as to what benefit I have earned from Bitcoin. The question I used to ask myself is, What if there was no Bitcoin at all? That means I might not have easily archived some things I have been able to get because of Bitcoin, so whether I spent Bitcoin directly on getting those things or exchanged it for fiat, all that matters to me is that I archive something with Bitcoin.


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

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July 02, 2023, 01:46:00 PM
 #53

My entry into the cryptocurrency market was early 2018 and coincided with the end of the bull season and the beginning of the bear season. My first purchase was Btc and Eth. I thought everything would be great after purchasing cryptocurrencies but when i bought it coincided with the entry time of the bear market, the market was constantly on the decline. The market was falling every day and since i was a beginner at that time, i was selling gradually with each fall and my loss was multiplying. I thought i couldn't go on like this.

I needed to understand the dynamics of the market and i needed to reduce my loss. Investing in the cryptocurrency markets became much more enjoyable for me after hearing the word Hodl. I was able to make profits by following the market cycles and halving times and hodl. Leveraged trading was not for me and i chose the Hodl side. I'm not a dreamer here and i’m approaching the market realistically.

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July 02, 2023, 07:49:46 PM
Merited by Becassine (1)
 #54

I recall purchasing a humble cup of coffee. The barista’s bemused look upon realizing I was paying with Bitcoin? Priceless.

To 'hodl' is not to bind oneself in the chains of miserliness. Rather, it's to journey through the tumultuous seas of crypto markets, eye on the long-term prize. Spend my Bitcoin? Absolutely. Just at the right time, on the right thing.

As for dreams... well, isnt competition the lifeblood of innovation? I dream of a day when Bitcoin doesnt just coexist with fiat currency, but challenges it. A world where the established financial order and the renegade cryptocurrency are in a continuous, healthy duel. Now, isnt that a promising prospect?

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July 02, 2023, 08:10:18 PM
 #55

In Bitcoin investment you can only purchase what you can afford to lose, when i started for cryptocurrency investment I did not start the journey with greediness i started with what I can afford to lose and what I can control, i think the first Bitcoin i purchase was a small money i purchased it and the money I got it through my local contract with small company,I was not interested to invest all my money and I cut it bit by bit until I know the value of Bitcoin, for any business or investment you don't know too well you should not involve it with full assurance


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July 03, 2023, 05:29:54 PM
 #56

It's really not something to be proud of that till date I haven't been able to buy anything directly with Bitcoin without having to first convert it to fiat before spending. It's not because I don't want to but that's the reality of where I live. There are no Bitcoin merchants where I stay. I once dreamt of paying my rent with Bitcoin when I started here as my landlord was based abroad then. Sadly, he wasn't one of those open to trying new things.

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July 03, 2023, 09:03:14 PM
 #57

It's really not something to be proud of that till date I haven't been able to buy anything directly with Bitcoin without having to first convert it to fiat before spending. It's not because I don't want to but that's the reality of where I live. There are no Bitcoin merchants where I stay. I once dreamt of paying my rent with Bitcoin when I started here as my landlord was based abroad then. Sadly, he wasn't one of those open to trying new things.

Even if you don't have any local merchants accepting Bitcoin, there are always other ways, like buying things online or buying gift cards with btc (there used to be some services actually selling gift cards for btc with a discount, so it was actually a good deal).
Alternatively you could use crypto debit cards. They have the same functionality as fiat ones but are powered by your crypto holdings. Would it count as a bitcoin purchase? I don't know, but still a good option if you want to put crypto in a real life use.

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July 03, 2023, 11:22:14 PM
 #58

I hold my Bitcoin for like 6 months and then was this ATH in 2017, I sold some and bought a new phone for myself as well as my mum. Later on, I bought a new system for my campaign work to be easy and also spend cash on food and was like this for about two weeks. I was very happy new now it was like I just hit a lucky jackpot.

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Mpamaegbu
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July 04, 2023, 12:19:01 PM
 #59

~snipped~
Even if you don't have any local merchants accepting Bitcoin, there are always other ways, like buying things online or buying gift cards with btc (there used to be some services actually selling gift cards for btc with a discount, so it was actually a good deal).
If I've to buy gift cards with Bitcoin before getting to the product I want, then it's the same thing as exchanging Bitcoin to fiat to buy what I need. There's no direct purchase with that and it should be counted as a waste of time. Another thing you've to reason with me is how into Bitcoin is my country. Apart from the youth being massively embracing of cryptocurrencies by their involvement in trading activities, my country would've been one of the anti-Bitcoin countries as our political leadership isn't favourable to Bitcoin investment. In fact, our government cynically sees it as a different type of ponzi waiting to crash.

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michellee
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July 04, 2023, 12:53:53 PM
 #60

I don't remember what I bought using Bitcoin because it was so long ago. But I don't think it's anything special that I bought because, at that time, I kept some and sold them at $19k, the highest Bitcoin price I've ever seen. And my feeling at that time when I was able to sell it at the highest price was very happy because my profit was very high and I never imagined I would make such a big profit.

And I used the money from the profit to buy mobile phones for my parents. Yes, it was a great gift for them at the time and they were very happy to receive it and even my mother was confused about how to use it. It was a beautiful memory and will never be forgotten because I could see the smiles from my parents. I want to continue to give valuable gifts to them even though they will say that seeing me healthy makes them happy.

My dream is to have as many Bitcoins as possible, more than 10 BTC and even more than 100 BTC. It is a very difficult dream to achieve but we will see. Bitcoin has become the choice of all of us and we should keep that choice and dream. Salute for Bitcoiners.


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