I just purchased my first satoshis

[kamvreto]

~snip~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.

Buying at $40k and selling at $20k is a very stupid move. Selling at a loss because of panic the Bitcoin market continues to fall, even though Bitcoin is going down to rise to a higher price. Those like that are just beginners who want to make a quick profit, but when the price drops they panic and sell everything. No one will come back after selling it, if you can survive then you will get a lot of profit.

[Issa56]

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.

It's a nice idea that the OP purchased bitcoin, which I will commend him for that, but from the first thread that the OP created, he said he wanted to sell one of his phones, which he does not often use to invest in bitcoin. support, advice and wonderful opinion.. I don't really know if the OP already has a job or a source of income from which he is making money, if he does not, I believe that he might end up selling the bitcoin back whenever he needs money to take care of other things. Since the OP already sold the phone and has already invested in bitcoin, if he does not have any source of income, it's better he get one.

[Dr.Bitcoin_Strange]

There's this parable that says that "drops of water can form an ocean." In a formal explanation, it means that something can be small, but when it remains consistent, it could become significant. Despite the fact that your first purchase is small, if you continue to invest in Bitcoin from now until before the bull market starts, then you might have accumulated a significant amount of Bitcoin in your portfolio. Also, make sure to prioritize your security and privacy because, in the crypto space, there are a lot of scam activities going on and hackers are always planning on whom to rip off their hard-earned investment from. Congratulations to you, OP.

[Rockstarguy]

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.

You don't necessarily need to start with a big amount. like you said this is the first time for you to buy bitcoin and starting small is not a bad idea to get used to the market. Investing in Bitcoin is not about buying in larger amounts but buy according to the amount you can afford to lose. One of the best way to buy bitcoin is to buy in small amount,  accumulate it against the bull market.  If you wait to save money to buy in large quantity it can be stressful and which you may end up miss the opportunity of buying bitcoin.

[Smartvirus]

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.

Are you overly this excited or you’re just over exaggerating facts!

Well, I can say it’s a start for many good things yo come in your life and investment choices if only you could keep up with the plans you’ve got at this genesis stage of your taking up bitcoin investment. Better still, your in a forum with so many pro bitcoins and it happens to be the one place where you can get legit and unfiltered information as well as, get the courage to keep up with your plans on hodling by having your emotions strengthened.

It’s also an interesting thing to note that, the advices given to you weren’t just passive and you’re beginning to manifest it by virtue of this investment. Stick to bitcoin and don’t deviate from the plan, you would be appreciative of how far you’ve come I due time and then, you would be really excited of this step and it wouldn’t be exaggerated then.

[Honyek]

Congrats, but you have to take more care to avoid loosing your coin. Purchasing bitcoin is not the only necessary  thing in the line, but also keeping it safe, and in a good custody. if your coin is at an exchange, make sure that it is a very reputable exchange. The best place all things being equal is private wallet outside an exchange. Additionally, avoid widespread of your information about your bitcoin or its wallet. You strongly need to ensure that everything about it is safe and secure, in order to get along.

[Sim_card]

You have done something great for investing in bitcoin at this bear market because it is a good decision that you have made. I hope that you keep your bitcoin safe from hackers and increase your bitcoin portfolio, so that you have make s good profit during the next bull run. It was good that you have listen to members in the on the advice of buying bitcoin now rather than later, because nobody knows what the price of bitcoin will be tomorrow. As you can see for yourself bitcoin price is now at 26k+.
Congrats mate.

[KingsDen]

Congratulations mate for your achievement.
I am not congratulating you because you bought some fractions of bitcoin;
I am congratulating you because you are happy at what you did;
I sense your level of happiness in buying Bitcoin;
Doing what makes you happy is the key to living a healthy life;
It is fine you understand the market and have decided to be buying with the DCA method;
Do not relent because the reward time(bull run) is near.

[tvplus006]

...Since the OP already sold the phone and has already invested in bitcoin, if he does not have any source of income, it's better he get one.

OP made the right decision by selling an old phone that was no longer used and bought some Bitcoins. I think that the result will inspire him and he will continue to sell unnecessary things and invest the proceeds in Bitcoin. But if he finds a good job for himself, his investment will be more significant than from the sale of old things.

[Peanutswar]

Is this a 1 BTC or just portion of a BTC? well still congrats to your achievement welcome to the one of the hodlers in that investment you will experience all the things we've been through having into the cryptocurrency world, its ideal if you start accumulating a lot of different coins again not ideal all your investment are in just a single basket, also makes a plan with your investment and not just only you want to bought this, like for holding for long term until the next ATH, makes for payment, and etc. supported the service of the bitcoin. good luck to your journey.

[MegameSama]

congratulations to you, I am also doing the same thing now, setting aside some of my salary in the real world to hold long term in bitcoin. Hopefully the future of bitcoin is bright so that we become the next billionaires 

[michellee]

Congratulations to you for purchasing your first Satoshi. You can continue buying more Satoshi at times like now because the price is still low. It's okay if you keep buying small amounts because you can have a lot of Satoshi by consistently buying at the end of the month and doing it for at least a year or less.

There will be a time when you can buy a Trezor hardware wallet and to buy it, you have to adjust to your budget. You still need to learn to be patient at this time because Bitcoin prices will still change, so you have to be able to manage your emotions when you see Bitcoin prices decreasing.

Many people also do the same thing as you. They regularly buy Satoshi so they can collect more Satoshi. And it is true that we are still given the opportunity to buy at low prices. For this reason, we must be able to make the most of it.

[icalical]

Congratulation on your first buy, moreover I think your timing to buy your first Bitcoin couldn't be better. I saw at least on the last couple of days, the Bitcoin price is recovering, currently 2.8% price increase for the last 7 days at the time when I write this reply based on coinmarketcap. I can't guarantee but I hope after your first purchase of Bitcoin you will see some profit.

[Asuspawer09]

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.

I mean congratulations on buying your first satoshi it is actually a good thing that you already started accumulating Bitcoin at times like these since the market price at the moment is around 25k$ which is probably pretty low considering it was around 30k$ in the last few months. I would really recommend buying probably every month or every two weeks, you could get a small piece of your salary and invest it on Bitcoin, the market is sustained at around 25k$, so it is for sure a good time to accumulate because for sure when the market starts to get momentum, there will be a lot of movement in the market once the price reach 30k$ again especially if the Bitcoin halving event is already near.

Just remember to invest all of your money in cryptocurrency because it is still a very risky investment, never make this as an investment where you expect a return because that is just not going to end up well because you might just end up selling it on a low price or at a loss. Make sure to have multiple sources of income first and good savings so that you can survive and have enough money without thinking about your cryptocurrency investment.