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Author Topic: How was your first Bitcoin experience?  (Read 712 times)
Gladitorcomeback
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September 09, 2023, 09:53:33 AM
 #101

So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
good question, as i remember first time when experience btc, I didn't remember the exact year but price of btc that time was 128$. Actually I was searching for online earn and I found some faucet sites. The funny scene is I was not aware of phrase key that time and didn't save any phrase or private key. after working for some days I stopped because The withdraw limits was so high. second time when i again checked then price soars to 200 plus and then third time I remember that I opened Xapo wallet offering some free sats. when I opened the price was almost 0.25$.

I learned Full detail knowledge about btc, wallet, how to store, how to sell in 2019 and that timw Bitcoin was trading above 10k$. I watched lot of video and also my 0.25$ converted into 30$ when i checked back in 2019. This is my small story about btc experience. Who knows btc will skyrocket to 50k  Smiley

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September 09, 2023, 11:36:08 AM
 #102

It started by hearing about bitcoin in the internet and after randomly reading about it, I somehow ended up using some faucets. They used to pay a lot at that time (the satoshis, not the value in bitcoin), and you could withdraw anytime you wanted and they used to send it to some centralized wallet and you could withdraw it anytime without any fee. Saw how the price went up, got interested, invested and sometimes using it as a regular currency. Never had a bad experience with bitcoin (other those days where you had to pay insane fee or wait for hour or sometimes days for transaction to confirm) or got scammed.
Many first used faucets. They paid a lot back then, even if it wasnt a big thing in fiat currency, which was a fascinating entry into Bitcoin. Haven't we seen Bitcoin evolve from a fun faucet reward to a serious financial asset and sometimes a daily transaction? I share your great experiences, although I remember some nerve-wracking transactions that took weeks to confirm. I recall making a simple internet purchase with Bitcoin. The novelty was more important than the practicality back then. Its widespread adoption and use is uplifting.

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September 09, 2023, 12:04:27 PM
 #103

My first experience with mining was a good one. I used to love firing up different software and making different adjustments to get you the most possible hashrate. Little things you did on your own made a big difference back then. It was cool. My first transaction experience was great as well. I sold a video game code that came with my GPU for a couple BTC and everything went smooth as silk.
All your first and last experiences should be good. And you have done HUGE amount of bitcoin transactions in your life and you donated 50 bitcoins for this forum. You have been involved with Bitcoin for many years and when you mined Bitcoin you had the opportunity to mine a good amount of Bitcoin in a short period of time.  But now there is no chance.  The amount of electricity required to mine bitcoins now is comparable to the amount of bitcoins that were not mined back then. In all cases, the first mover can get a huge amount out of it, while those who get involved later on don't get much.

AicecreaME
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September 09, 2023, 12:16:23 PM
 #104

I won't forget the first time I earned bitcoin.

If I'm not mistaken, it was from the komodo signature campaign, I earned 0.11 Bitcoin (I forgot the exact amount) after I posted 4 months, like about 120 post since that's the minimum post count I guess that's required to get the payment. I was so happy back then, because that's my first time owning a Bitcoin with my own hard work.

Owning bitcoin feels like I'm a different person, in a positive way though.
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September 09, 2023, 12:49:24 PM
 #105

My first experience in Bitcoin was when I changed location from my place of living looking for a better and legit business to do, while I was introduced to trade on Bitcoin pairs with other Coin, and as well buy some coin and hold for a specific coin that makes me believe more in alt-coins after convert to Bitcoin that gives huge return profits and the coin called Hex Coin.

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September 09, 2023, 03:45:56 PM
 #106

Strong and candid advice, I must confess. Loads of people consider depressive state ideal a remedy or solution to a problem when in reality, it is just a thief of time.

Imagine putting the time of wailing into productive use and saving up the income, it'll be a matter of time before you realise that the energy you used to feel depressed was your disguised-productive energy coupled with the drive to make it to the top. Save up and invest in Bitcoin when its still low man.
Do you know what I can answer about this question? We are all individuals and each of us has the right to do what he pleases. Well, it’s impossible for everyone to be of the same opinion as to what is the correct process? We need to come to terms with the fact that people are prone to depression after some significant tragic events. Can this condition last for quite a long time? Who will help? Only specialists in this field. But what to do if they don’t have the very funds that made all this happen? How do you like this paradox? Is there a way out? Yes, just go through it personally. How many people succeed in this? I believe that this percentage is not very large.

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isaac_clarke22
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September 09, 2023, 04:39:57 PM
 #107

Many first used faucets. They paid a lot back then, even if it wasnt a big thing in fiat currency, which was a fascinating entry into Bitcoin. Haven't we seen Bitcoin evolve from a fun faucet reward to a serious financial asset and sometimes a daily transaction? I share your great experiences, although I remember some nerve-wracking transactions that took weeks to confirm. I recall making a simple internet purchase with Bitcoin. The novelty was more important than the practicality back then. Its widespread adoption and use is uplifting.
Oh yeah, I mean it shouldn't be that bad for starting unless they were expecting too much in their first couple of satoshis. Although these days it isn't worth the hassle anymore if you're trying to find "cheap" ways to earn Bitcoin without having to do so much work.

It bored the crap out of me until I just decided to fuck it and ditch my faucet wallet. The minimum isn't even enough to buy an energy drink I like here in my country, lol.

I won't forget the first time I earned bitcoin.

If I'm not mistaken, it was from the komodo signature campaign, I earned 0.11 Bitcoin (I forgot the exact amount) after I posted 4 months, like about 120 post since that's the minimum post count I guess that's required to get the payment. I was so happy back then, because that's my first time owning a Bitcoin with my own hard work.

Owning bitcoin feels like I'm a different person, in a positive way though.
We all do had our first satisfaction in earning from SCs. Cheesy I was even just a "Member" rank before but damn it is a lot already when converted here in my local currency.
fruktik
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September 10, 2023, 05:22:11 AM
 #108

Oh yeah, I mean it shouldn't be that bad for starting unless they were expecting too much in their first couple of satoshis. Although these days it isn't worth the hassle anymore if you're trying to find "cheap" ways to earn Bitcoin without having to do so much work.
No need to waste your precious time on these taps. There are much more profitable topics than collecting several dozen satoshis in a whole day. The only thing that can bring normal earnings from these sites is to recruit a huge army of active referrals, but this will require investment in advertising and a large amount of time. Is it worth it? Everyone decides for themselves.
I'm tired of this method of obtaining crypt. I left this matter forever. I got busy in other ways. At least there was interest, and not the banal boring daily clicking.

Кpиптo пpecтyплeния, coвepшeнныe в PФ.
bayu7adi
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September 10, 2023, 05:58:20 AM
 #109

No need to waste your precious time on these taps. There are much more profitable topics than collecting several dozen satoshis in a whole day. The only thing that can bring normal earnings from these sites is to recruit a huge army of active referrals, but this will require investment in advertising and a large amount of time. Is it worth it? Everyone decides for themselves.
Indeed, the job offerings from faucet companies are no longer worthwhile these days, as the tasks they assign consume a significant amount of my time. Nowadays, many people opt for alternative methods to earn coins, such as participating in airdrops. It appears that a considerable number of individuals are getting their first taste of the cryptocurrency and Bitcoin world through these airdrop campaigns.

While I personally don't frequently partake in airdrop events, I can't help but feel a sense of missing out when I see others sharing the substantial gains they've made from participating in these airdrops.

Regardless of how one embarks on their Bitcoin journey, I still appreciate it as a significant initial step.
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September 10, 2023, 06:36:14 AM
 #110

Each of them of course has their own story for things like the OP asked and wanted to know and I don't have special experience in this matter but what was memorable when I gathered with friends was when I saw the reaction of novice traders if BTC went up, they smiled and when BTC corrects even a little, they immediately say...ooh no, correct again. Yes. I can only smile.

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fruktik
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September 10, 2023, 07:20:01 AM
 #111

Indeed, the job offerings from faucet companies are no longer worthwhile these days, as the tasks they assign consume a significant amount of my time. Nowadays, many people opt for alternative methods to earn coins, such as participating in airdrops. It appears that a considerable number of individuals are getting their first taste of the cryptocurrency and Bitcoin world through these airdrop campaigns.

While I personally don't frequently partake in airdrop events, I can't help but feel a sense of missing out when I see others sharing the substantial gains they've made from participating in these airdrops.

Regardless of how one embarks on their Bitcoin journey, I still appreciate it as a significant initial step.
All the same, you will not be able to participate in all distributions, since this is simply impossible. There is no need to envy those who have made good money. These are just a few who are close to project administrators. Everyone else is content with only small handouts, if there is such a thing.
I came to this conclusion a long time ago when I observed several projects. This is how it works in the crypto world at the moment.

Кpиптo пpecтyплeния, coвepшeнныe в PФ.
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September 10, 2023, 07:37:26 AM
 #112

All the same, you will not be able to participate in all distributions, since this is simply impossible. There is no need to envy those who have made good money. These are just a few who are close to project administrators. Everyone else is content with only small handouts, if there is such a thing.
I came to this conclusion a long time ago when I observed several projects. This is how it works in the crypto world at the moment.
Yes, I've never taken issue with what's currently trending or what might be in vogue tomorrow in the crypto world. It's precisely these dynamics that keep the crypto sphere evolving and vibrant over time. Someone could enter the crypto arena and acquire their first Bitcoin when they're drawn to a particular trend. The more people become acquainted with cryptocurrency, the stronger its network becomes, ensuring its enduring presence in the world.

In fact, I would be pleased to see many people benefiting from the crypto space. It signifies that Bitcoin and cryptocurrency indeed have the potential to foster economic growth for many individuals.
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September 10, 2023, 08:37:51 AM
 #113

Each of them of course has their own story for things like the OP asked and wanted to know and I don't have special experience in this matter but what was memorable when I gathered with friends was when I saw the reaction of novice traders if BTC went up, they smiled and when BTC corrects even a little, they immediately say...ooh no, correct again. Yes. I can only smile.
Even though we don't have our own experience, we can also take a lot of experience from other people, which is good for our learning, both positive and negative, which we don't need to follow, such as panic when a slight price correction occurs.
Personally, I don't have many memorable experiences, but I have many friends here who buy Bitcoin so I learn a lot from that.

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September 10, 2023, 04:18:24 PM
 #114

It's been quite some time since I earned my first Bitcoin. It's the result of my efforts in crypto, as well as here on Bitcointalk. Around 2017, I invested my Bitcoin into a specific currency because I believe it will be successful in the long run. The idea was really promising, and I conducted some research, but sadly, the project turned out to be a fraud. That was the first and last time of having Bitcoin. I learned a lot from it, and I'm still hope to return there soon.
These so-called "promising" projects are always taking people's hard-earned money by giving them hopes of great returns in the long or short run and people think that they've got themselves into something amazing and their life is going to become easier after they make this investment while in reality, they are working for their own future instead of their investors and soon enough when they got enough money, they will disappear like thin air.

However, we've all been there and have been victims of such things when we first got into Bitcoin because we didn't have enough knowledge and understanding of how things work and to be honest, at some point as a newbie or a beginner, we used to think that it is easy to earn a lot of money through Bitcoin.

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September 11, 2023, 04:58:36 AM
 #115

Nothing its memorable every time every seconds  i always want to my trade because my PNL red and i so nervous haha
I can't sleep because of that pnl
Please be so kind to shill your project in altcoin section .

So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
I heard first bitcoin in 2014 but that does not my experience started.

as far as I remember my first  bitcoin experience back in 2016, a cousin tries to pay me Bitcoin as he has a balance in me but there is no available way as he is far from my place and there is no other way but from bitcoin as the time at the moment is so late night.
he thought me to create a wallet that i can use to cash out directly locally .
that is if my memory serves me right , and that is what I treasured  till  now.









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September 11, 2023, 05:21:17 AM
 #116

It's been quite some time since I earned my first Bitcoin. It's the result of my efforts in crypto, as well as here on Bitcointalk. Around 2017, I invested my Bitcoin into a specific currency because I believe it will be successful in the long run. The idea was really promising, and I conducted some research, but sadly, the project turned out to be a fraud. That was the first and last time of having Bitcoin. I learned a lot from it, and I'm still hope to return there soon.
These so-called "promising" projects are always taking people's hard-earned money by giving them hopes of great returns in the long or short run and people think that they've got themselves into something amazing and their life is going to become easier after they make this investment while in reality, they are working for their own future instead of their investors and soon enough when they got enough money, they will disappear like thin air.

However, we've all been there and have been victims of such things when we first got into Bitcoin because we didn't have enough knowledge and understanding of how things work and to be honest, at some point as a newbie or a beginner, we used to think that it is easy to earn a lot of money through Bitcoin.

That's the difference between bitcoin and altcoins. In fact, bitcoin was not created as a profit-making project like altcoins, bitcoin is a peer-to-peer currency project that aims to give us freedom from government control. Meanwhile, bitcoin-copying altcoins have created projects aimed at profit, so we should not be surprised to see that most altcoins are scam projects. But thanks to altcoins, we know which projects are worth investing in, and bitcoin is unique.

Not only newbies, but even us, long-time investors, are thinking about making a lot of money from bitcoin. If it weren't for the huge profits that bitcoin can bring, I don't believe many people would still be here today. Investing in bitcoin means we want to make a lot of money, want to make money quickly compared to other traditional assets.

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awik p
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September 11, 2023, 07:23:26 AM
 #117

It's been quite some time since I earned my first Bitcoin. It's the result of my efforts in crypto, as well as here on Bitcointalk. Around 2017, I invested my Bitcoin into a specific currency because I believe it will be successful in the long run. The idea was really promising, and I conducted some research, but sadly, the project turned out to be a fraud. That was the first and last time of having Bitcoin. I learned a lot from it, and I'm still hope to return there soon.
These so-called "promising" projects are always taking people's hard-earned money by giving them hopes of great returns in the long or short run and people think that they've got themselves into something amazing and their life is going to become easier after they make this investment while in reality, they are working for their own future instead of their investors and soon enough when they got enough money, they will disappear like thin air.

However, we've all been there and have been victims of such things when we first got into Bitcoin because we didn't have enough knowledge and understanding of how things work and to be honest, at some point as a newbie or a beginner, we used to think that it is easy to earn a lot of money through Bitcoin.

That's the difference between bitcoin and altcoins. In fact, bitcoin was not created as a profit-making project like altcoins, bitcoin is a peer-to-peer currency project that aims to give us freedom from government control. Meanwhile, bitcoin-copying altcoins have created projects aimed at profit, so we should not be surprised to see that most altcoins are scam projects. But thanks to altcoins, we know which projects are worth investing in, and bitcoin is unique.

Not only newbies, but even us, long-time investors, are thinking about making a lot of money from bitcoin. If it weren't for the huge profits that bitcoin can bring, I don't believe many people would still be here today. Investing in bitcoin means we want to make a lot of money, want to make money quickly compared to other traditional assets.
Bitcoin is a new technological development that not many people use. until finally the opportunity arises to make a lot of profit by joining it. However, there are also many people who dream of something beautiful from Bitcoin, but they don't take into account the risks until in the end they get the opposite result. therefore we have to be smart people so we can respond to Bitcoin's movements to be able to follow its price movements, until finally the luck we have planned comes.

Ki kos
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September 11, 2023, 03:26:16 PM
 #118

I got first idea about bitcoin from my very close friend.He used to invest in this bitcoin.Again I was unemployed and didn't earn any money then he asked me to invest in this bitcoin then after listening to my friend I invested in bitcoin.I also profited almost 15℅ first time.
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September 11, 2023, 05:11:15 PM
 #119

In gambling, once you've already bet that money, it is already declared that money is lost on you because, mostly, in gambling you'll be losing most of the time because it is a form of entertainment and not an investment or a way to make a living on it.

Investing in Bitcoin is very different from gambling because you have control over it. You can pull out your investment or add more, and it will take more time to gain profit, or if not, you will lose it all. In investing, you have a plan on how to make it successful, unlike in gambling, where the casino owner will take over your funds in no time.

Both are not same things as gambling is originated with more threats whereas in bitcoin investment you can minimize your loss through appropriate investment plan and wait for the appropriate time.

Some people correlate trading with gambling because in trading they shift towards progress step by using their luck in a place of mastery while investment in Bitcoin is very different from that of gambling.
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September 11, 2023, 05:20:52 PM
 #120

So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
Is there any need to tell you when you too does now even remember yours? At least you would have told us how you get your first bitcoin and how you feel at first and others would fallow suit but this one that you made a blank experience and want others to share theirs with you. I don't think this is a good idea. And as you said to yourself that you can't remember yours,it looks like I have forgotten mine as well but will definitely remember it again because my brain is not use to forget things though it happened sometimes but not frequently. I forget things when I did not store in the long memory.
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