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Author Topic: How do you feel when you look at your first Bitcoin wallet?  (Read 1039 times)
Awaklara
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January 05, 2024, 01:59:14 AM
 #141

Pretty sure I also have a significant amount of Bitcoin that passed through my wallet as i'm not a fan of holding before, when I was just starting. Everytime I buy, it doesn't take too long for me to sell my Bitcoin. It's just come and go (as I never expected this is something that I will regret later on) until I learned the importance of holding. Well, as others have said already, even many of us have similar experience, it's not yet late to buy Bitcoin and hold. There's no such thing as too late if your plan is to hold for long period. Thus, timing when to buy and be firm to hold because it is proven as an effective strategy to profit in Bitcoin. But one should have a long patience.
That's the influence of our inexperience. I also experienced it. especially when we hold Bitcoin when the market is rising. it quite easily influences us to sell and wait for a dip to buy again.
There is nothing wrong with this method, but when the price of Bitcoin reaches this point, you are right, all that remains is regret for not holding Bitcoin for greater profits. instead of being persuaded to sell at a small profit.
Now I also still collect Bitcoin when the price declines like a few moments ago. The market has been moving quite fluctuating lately. and we have to make the right decision to buy.

.
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alastantiger
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January 05, 2024, 02:59:18 AM
 #142

My journey into Bitcoin was entire due to the need to send payment across borders as there was FX and several other restrictions in my country. So, I joined Bitcoin just to use it for cross-border payment without knowing it could actually be a way of creating wealth in the future.

Just recently, I was tempted to check my first ever Bitcoin wallet to see what I have done in the past. I was so depressed seeing the volume of Bitcoin that have passed through my wallet without me saving a reasonable portion of it.

I have the feeling that many forum users too have similar experience; do kindly share just maybe I can feel a little better knowing that I'm not a lone.

I do not feel depressed when I look at my first ever bitcoin wallet. I feel happy and grateful that I had the opportunity when I did many years ago to come across bitcoin just when my friends where participating all sorts of Ponzi Schemes. I feel grateful for growth because since then I have migrated that wallet to a software wallet and the knowledge I got from this forum made it very possible for that to have happened. My first ever wallet has a lot of transactions. No one should be depressed or unhappy about the history of their first bitcoin wallet. Without it there would be on OP. 

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pinggoki
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January 05, 2024, 03:06:38 AM
 #143

Same as you, I still use my first ever bitcoin wallet, and I see my transactions in the past. I would say that I should save more or don't use those bitcoins or satoshis. I should do more holdings than use them for my own good, because I'm aware that yes, I invest in bitcoin, but as long as I earn from my holdings, I convert them right away with the excitement that I could buy the things that I need and want. In the past, I lacked future sight or planning for the future. That's why I focus on earning and spending, which I regret that I do.

So now I do more investing than spending the profit that I get from investing in bitcoin, and I have more holdings now than before. The history of my transactions will be my motivation to do better and think wisely before spending my assets.
That was me a 3 or 4 years ago, was always so busy about thinking of what could've happened and what could've I done differently with those bitcoin transactions that I've done in the past but I've learned to be better, better not to worry about that stuff anymore because it's already gone, it's not a benefit to me to think of it anymore. I just became a better person and learned how to spend that bitcoin wisely and currently, I'm still hodling because of that, I'm happy hodling a large amount of satoshis already so it's a good thing that I continue to learn something new. I also do more investing much more than ever and I think that it's going to be that way for a long time and I know that I'm going to increase my investment as my career also progresses.



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