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Author Topic: I just purchased my first satoshis  (Read 462 times)
Jon_Hodl
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September 12, 2023, 11:04:45 PM
 #21

Congrats! The most important next steps are to move your bitcoin to your own wallet, secure your seed phrase, and run your own node. This will be an amazing journey for you but you have already taken the first and most important step.

Owning bitcoin is the beginning of one of the most amazing learning experiences of your lifetime. Welcome to the rabbit hole. We are happy to have you.

I'm here to chew bubblegum and stack sats....and I'm all out of bubblegum. - Learn More About Bitcoin: What Is Bitcoin?
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September 12, 2023, 11:21:39 PM
Merited by JayJuanGee (1)
 #22

    ~


    Well, congratulations op. Checking from your post history you really are someone who is determined, to the extent that you even went ahead as to selling your phone. We need more people like you in the Bitcoin community who are ready to make sacrifices for their own benefits. Soon, those people who refused to purchase btc when they have the chance will begin to regret why they didn't. Bitcoin is the key component to financial liberation. I will advice you now, to study more on how to protect your funds from potential threat(hacks) as most people new into the Bitcoin world tends to loss money to these scammers because they lack proper ability to securing their Bitcoin.
    You might want to check these links for possible ways you can avoid hacks I hope it's helpful


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    crwth
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    September 12, 2023, 11:28:01 PM
     #23

    Congratulations on your purchase. Did you have an easy experience with what you have done? I think you would be able to do it effectively (in earning) if you do that consistently as you said.

    Some exchanges do offer recurring buy-ins so that you can invest continuously with cryptocurrencies, This would help you be more consistent and true to your word with investing.

    Don't worry about too much on the market, you can never control that. Just focus on what you can control and you would be ok.

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    September 12, 2023, 11:35:19 PM
     #24

    Congratulations on your first bitcoin purchase mate. I see how excited you are to have purchased your bitcoin from an exchange. I could tell the fact that it is with joy you made this announcement and it is a good thing to share good news giving room for others to celebrate with you. In as much as you have bought your first bitcoin, you should do well to safeguard your assets properly so as to avoid being scammed or hacked. Always do well to not keep that coin or  assets not under your custody does not belong to you and as  such exposed to uncertainties.  You should always withdraw your assets to a safe place where only you have access to. Just as you have said, do well to get that wallet for the safe keeping of your assets.

    Nevertheless, the bitcoin market is still very much down. You can still take advantage of this current market situation to buy more bitcoin.

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    September 12, 2023, 11:50:48 PM
     #25

    Hello guys congratulation to me, I just purchased my first  bitcoin, it really feels good knowing that it's one of the best decision I've made so far, I am proud of myself even if the start up amount is small, I hope to add to it consistently by the end of every month. I purchased the coin on an exchange but am looking forward to buy a Trezor hardware wallet for my coin storage.
    Firstly, congratulations to you for purchasing your first amount of Bitcoin, and even if the amount you purchased was small, you are in the market now. Fortunately, Bitcoin is still at a suitable price for entry and investment, as we are still in a bear market. This small amount could double in the future after market conditions improve, the positives emerge, and our entry into halving, which has been considered for years to be one of the positive catalysts for the price of Bitcoin, it is good that it is a small amount that you can afford to lose, and this is one of the most important common rules.

    As for Trezor hardware, its price may be more expensive than the amount you invested, and therefore... Holding your Bitcoin on one of the desktop Bitcoin wallets, like Electrum or Exodus, or on top exchange platforms is not a bad idea. In the future, after your amount of Bitcoin increases, and you have reasonable profits, you can buy a hardware wallet.

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    September 13, 2023, 12:06:12 AM
     #26

    I can't even express how exited I am, even if this is just the first phase, I believe the amount of knowledge I have accumulated about bitcoin through this forum will strengthened my emotion not to panic when the market goes bearish.
    If you want to be comfortable and calm to save Bitcoin, you have to throw away the thought of Bitcoin price, you have to erase your mind about bearish and bullish. because it could bother you when unexpected. Just set the target when is the right time to exchange it. If I were you, I would steady my heart if 1 BTC only equal with 1 btc. so that if something happens later, you will take it easy and didn't panic like others.
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    September 13, 2023, 01:18:17 AM
     #27

    Congratulations for your first Bitcoin purchase.

    If you will make your first selling, first trading, cashing out Bitcoin to buy something or any exciting experience, you can share it in
    Announce your story with Bitcoin, first purchase, sale, business, education ...
    Announce your rank up, merit or any achievements that makes you feel great!

    R


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    September 13, 2023, 02:16:29 AM
     #28

    Congratulations on your first bitcoin buy and happy to see that you realized that it's best decision you have made and you will know in coming years what you have got your hands upon so till then keep tight on your funds with full safety.As suggested go with open source non custodial wallets that don't share your keys and funds are safe.But always remember to keep your seed safe with you with full security as if they're lost you loose your funds.

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    September 13, 2023, 10:05:29 AM
     #29

    Congratulations to the OP! It's nice to see someone who matches his words with his actions. You did what you wanted: you sold the phone and bought some bitcoins. Don’t rush into the next sale, but just try to save some money if you have it and continue DCA in the future. By the way, always remember and be careful what you post online; the Internet and the forum remember everything. People are curious. I think your deleted photo doesn't hide anything, and it's still available to everyone. Smiley

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    September 13, 2023, 10:24:20 AM
     #30

    Welcome to Invest in First Bitcoin. First everything is much more special. The amount of bitcoins you buy right now is one of your happiest moments, no matter how many bitcoins you buy later, you will never find happiness anywhere. Everyone has a story about their first Bitcoin purchase. Many people plan to buy bitcoins but because they don't have money they can't buy bitcoins so they spend a lot of money saving money and investing in bitcoins. Maybe many people think there is no point in investing a small amount to share it again in the forum, but for the first person who has struggled a lot to buy bitcoins, this feeling is different.
    Best of luck to you OP, hope you achieve better things in the future.

    .
    SPIN

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    September 13, 2023, 01:01:48 PM
     #31

    Hello guys congratulation to me, I just purchased my first  bitcoin, it really feels good knowing that it's one of the best decision I've made so far, I am proud of myself even if the start up amount is small, I hope to add to it consistently by the end of every month. I purchased the coin on an exchange but am looking forward to buy a Trezor hardware wallet for my coin storage.


    Well, congratulations, now comes the hard part and that is holding it as long as you can until you reach your selling goal and keeping it safe.

    Don't wait too long to buy a Trezor wallet, and the most important is to be lowkey and never go around announcing that you bought and you're keeping Bitcoin. You could put yourself in danger and so are your loved ones, so don't brag about it you can say that you are supporting Bitcoin, but don't tell people the amount or where you keep it.

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    September 13, 2023, 01:24:22 PM
     #32

    Everyone's congratulating OP but there's still a test that OP has to pass which is when bitcoin goes down much lower than what OP has bought his/her bitcoin, if OP doesn't panic sell or anything like that when it happens, then I guess OP does deserve that congratulations. Be careful about purchasing that Trezor wallet OP, some motherfuckers out there are selling tampered one and you never know if you will be meeting that piece of shit so be careful about that part.



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    September 13, 2023, 01:32:55 PM
     #33

    Everyone's congratulating OP but there's still a test that OP has to pass which is when bitcoin goes down much lower than what OP has bought his/her bitcoin, if OP doesn't panic sell or anything like that when it happens, then I guess OP does deserve that congratulations. Be careful about purchasing that Trezor wallet OP, some motherfuckers out there are selling tampered one and you never know if you will be meeting that piece of shit so be careful about that part.

    Agree.

    More than congratulations, the OP deserved a warm welcome instead because, as you said, the merit is in what you do with your coins, not in buying a few satoshis (almost all members here did it, right?). I thought after reading the title that he managed to buy a whole Bitcoin, but it is not the case, so welcome to the forum, OP, I hope this is the first step towards your financial freedom.

    On the other hand, buying a hw is one of the best advice we could give to a newbie, but taking into account that one should only buy them from manufacturers or original retailers, and being aware that any personal data you share with them could be leaked (we saw it with Ledger not so long ago).

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    September 13, 2023, 03:28:31 PM
     #34

    I don't think you should publish an image of the exact amount of bitcoin you bought

    Image has been deleted, thanks for understanding the cause of such risky mistake and your concrete love and advise, I feel more excited knowing that I have been welcomed by my fellow bitcoin holder. Cheesy

    I was messing with this thread because according to the title I thought the OP had bought a whole Bitcoin and that people were congratulating him and giving him merit without him providing proof, but I see he uploaded an image which he then deleted following sage advice for privacy.

    As I see it is a small sum, I would also encourage you, OP, to continue to accumulate little by little but as I just said in another thread, I would recommend that you do so within a wealth building plan, the first step of which is that you have an emergency fund in your local currency sufficient to cover 3 to 6 months of expenses. Otherwise in case of any unforeseen event you may be forced to sell your bitcoin at a loss and this is something you have to avoid doing at all costs.

    I also encourage you to change the title to something like: " I just purchased my first satoshis".

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    September 13, 2023, 04:33:34 PM
     #35

    Thanks guys I appreciate your wonderful comments, it has really been helpful.


    Thanks Hatchy for the links, I'll do some reading when I have spare time.

    I think your deleted photo doesn't hide anything, and it's still available to everyone. Smiley

    Are you serious? Shocked


    I also encourage you to change the title to something like: " I just purchased my first satoshis".

    Done, now members won't be confused that I bought 1 btc, lol Grin
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    September 13, 2023, 04:45:20 PM
     #36

    Hello guys congratulation to me, I just purchased my first  bitcoin, it really feels good knowing that it's one of the best decision I've made so far, I am proud of myself even if the start up amount is small, I hope to add to it consistently by the end of every month. I purchased the coin on an exchange but am looking forward to buy a Trezor hardware wallet for my coin storage.

    I can't even express how exited I am, even if this is just the first phase, I believe the amount of knowledge I have accumulated about bitcoin through this forum will strengthened my emotion not to panic when the market goes bearish.

    Thanks guy for your support, advice and wonderful opinion.
    Welldone mate, I see you finally got your hand on the most dope crypto coin in the market. It's a great step and hope you can your portfolio better because as you bought at a very crucial time as BTC is quite low which is good when buying because you will have a better chance when the price starts pumping. Just make sure to keep your coins and key very safe by either storing it in a non custodial wallet to avoid any drama that might eventually pop using any CEX.

    R


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    September 13, 2023, 04:58:38 PM
     #37

    Hello guys congratulation to me, I just purchased my first  bitcoin, it really feels good knowing that it's one of the best decision I've made so far, I am proud of myself even if the start up amount is small, I hope to add to it consistently by the end of every month. I purchased the coin on an exchange but am looking forward to buy a Trezor hardware wallet for my coin storage.

    I can't even express how exited I am, even if this is just the first phase, I believe the amount of knowledge I have accumulated about bitcoin through this forum will strengthened my emotion not to panic when the market goes bearish.

    Thanks guy for your support, advice and wonderful opinion.

    Congratulations on your first Bitcoin and I am so glad to see that a newbie did such a wonderful act as most people did not. I am also happy that you came to the world of cryptocurrency, It gives pleasurable feelings to take a step into the cryptocurrency world and I know you are very happy but during the happy mode Most people make mistakes so hope you will not make that and do not post such a post because its a decentralized and anonymity world and for your security and privacy you need to be more careful and for that you have offline/hardware wallet which will make your fund save from any negative persons.
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    September 13, 2023, 05:25:48 PM
     #38

    We are still in the bear market and have some time until the next bitcoin halving. Usually, the bitcoin price starts to gain momentum after the halving, so you have joined the space at the right moment. You have just started accumulating bitcoin, so do not listen to others on YouTube who will tell you to follow this strategy. Just keep accumulating because you don't have much time before the next halving.

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    September 13, 2023, 05:28:36 PM
     #39

    Hello guys congratulation to me, I just purchased my first  bitcoin, it really feels good knowing that it's one of the best decision I've made so far, I am proud of myself even if the start up amount is small, I hope to add to it consistently by the end of every month. I purchased the coin on an exchange but am looking forward to buy a Trezor hardware wallet for my coin storage.

    I can't even express how exited I am, even if this is just the first phase, I believe the amount of knowledge I have accumulated about bitcoin through this forum will strengthened my emotion not to panic when the market goes bearish.

    Thanks guy for your support, advice and wonderful opinion.
    How do you know it's your best decision so far? Honestly it's not all about buying Bitcoin with the intension of holding but how to make sure you Bitcoin is safe and holding for as long as possible.

    There are newbies that bought Bitcoin when the price was $40k and because the price fell below $20k, they were panicking and was unable to keep there holdings because of fear of the market. You need to learn how to endure as you are holding your Bitcoin because many had started like this and have sold there holdings. You need to be strong to be a Bitcoin investor and you need to work on self discipline for you to make good profits from the market.









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    September 13, 2023, 05:31:22 PM
     #40

    Hello guys Congratulations to me, I just purchased my first Bitcoin, and it feels good knowing that it's one of the best decisions I've made so far, I am proud of myself even if the start-up amount is small, and I hope to add to it consistently by the end of every month. I purchased the coin on an exchange but am looking forward to buying a Trezor hardware wallet for my coin storage.

    I can't even express how excited I am, Even if this is just the first phase, I believe the amount of knowledge I have accumulated about Bitcoin through this forum will strengthen my emotion not to panic when the market goes bearish.

    Thanks, guy for your support, advice, and wonderful opinion.
    Congratulations mate on this amazing journey you have taken. I'm happy to see this forum has given you a great belief in Bitcoin to the extent of accumulating it. Electrum Wallet has become one of the most used Bitcoin wallets for storing Bitcoin, so I will advise you to go for "Electrum Wallet" until you see the need to use a hardware wallet. Since you are still storing your Bitcoin in a centralized exchange don't log your account on another phone that is not yours and avoid saving your password to your Google account to avoid being compromised. The next piece of advice I have for you is to mind the way you spend money in real life so that you will not run out of money and think of selling your Bitcoin to feed.

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