How do you feel when you look at your first Bitcoin wallet?

[carlfebz2]

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.

Your not alone my friend because on the time that i do check out my main wallet back in the past when im just starting with Bitcoin or crypto as whole which the incoming and outgoing totaled with 50+ BTC on which
it did really give out that kind of regret that i havent been able to save up even 1BTC out of those coins which i had generated before or earned. It is really that an amount that i could really changed up my life
but since the reality of those times on which it is really that hard to make money on that time since i dont have a work and i would really be needing to cash out and convert those coins into fiat and this what ends up on having no coins at all left. Now i have made out some savings even little by little which are really that intended for long term holds.

Even upto now which it do really give nightmares or having those regrets on what i have missed and this is why even little by little i try to accumulate which somehow do really ease that pain. 
Well its never been too late though which there's still some chance on making money or profits. Its not also bad on taking up some consideration on investing with some altcoins too on which
it might give out that kind of chance for you to get rich if you do be able to hit the right one.

[OgNasty]

I don’t think you can be depressed about having a lot of BTC traveled through your wallet. It’s pretty cool to say you have transacted in X amount of Bitcoin which today might be a small fortune. I think at one point my wallet showed over a billion dollars in total volume. While that may not exactly be true, it’s still more cool than regretful.

[Baki202]

Before I made my first btc wallet, I read many threads in this forum and find that theoretically btc price will rise in the future so i save btc as much as I can in my wallet although at that time it's value in not high. mostly I only save my btc. but unfortunatelly at that time I am still too young and my parents have full control of me, when the price is high my parents push me to sell all of my btc, but I am not so happy with that because they made rules which is I am not allowed to buy that btc back. so I think we have some similarity which is regretted to sell or use btc.

Since the economy is not friendly at all, I personally find it difficult to own for the time being, but I will very soon. I want to experience what it's like to have bitcoin in my wallet, knowing full well that it's something someone else can benefit from in the future. However, I'm still trying to stay informed before starting anything and taking into account various factors that will benefit me in the long run, If you don't agree with your parents' decision regarding your bitcoin, I think you should talk to them and explain why. Sometimes our parents can be wrong also. Your decision should be that it will be favorable for you.

[Z-tight]

Op this your story does not look nice with me, you join or use bitcoin because you wanted make cross boarder transaction or payment? To pay what and in which platform?

BTC was created as a currency to make payment, it makes cross border payments very easy because all the payer and the payee needs is just an address to send and receive BTC in a permissionless and fast way, they don't have to use any centralized means that will require permission, what is not nice about this part of op's story. Op doesn't have to tell why they made their payment.

Another question I will like to ask is, which work are you doing?

Are you serious now, you can also ask op where they live, how they like their coffee and how much they have  .

[KiaKia]

Not good, I had a good number of Bitcoin back then and it was very cheap but I sold too soon, today I find it to be more challenging to get back the same amount if Bitcoin that I have sold back than, I know Bitcoin was created to be a payment solution but it's not going to become one because of the valuable it renders if you hold for a long period, it's more like a true store of value than gold vs using it as a payment solution.

I also have a good number of Ethereum at the time, I believe that HODL is the best thing anyone can do in crypto space, with enough patience you will get to your destination with great return of investment than short term buying and holding, the crypto history has proven this to be true.

Also, it's not a do-or-die thing, if you are not capable, do not push yourself, the reason why I sold my Bitcoin was important, I just have to do it, for my family's sake.

[traderethereum]

Yes, I honestly say the same thing as you and feel sad seeing that my wallet doesn't contain much bitcoin.
But that doesn't make me despair because I can still try to collect more satoshis, especially in times like these where the price of bitcoin has not yet risen to a higher price.
You are not alone because I feel that many people don't even have any bitcoins at all and they don't know anything about bitcoins.
You are one of the lucky ones who already know about bitcoin. Even though you don't have a lot of bitcoin, you can still try starting now.
You don't need to be sad because we all still have time to accumulate bitcoins and we should make the best use of this time to get the profits we want. Don't give up @OP.

[Dr.Bitcoin_Strange]

First, you said you used it to make payments across borders, and definitely it's for things you used either personally or for business. Even if you had wanted to save some fraction of those spent bitcoins, you would have archived your goal, but you did not just conceive of saving any, and that's why you didn't. In my old Bitcoin wallet, there's not much of a Bitcoin transaction to look back on, but for the wallet I am using for my business transactions and on the forum, there have been a lot of transactions, and I am not regretting anything because I still have some of my profit stored in Bitcoin, while the once converted to fiat is still invested in my business.

You might have spent a lot of Bitcoin, like you said, without saving any, but I think it's something you should learn from, and if you can start to invest now, you might still be able to accumulate a significant amount before the bull market kicks in.

[KingsDen]

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.

Many people have different stories how they came to accept bitcoin and all the stories being different but they are greatly related. As like your story, you wanted to send money across the bother but the fee was high and you opted for an alternative which is bitcoin. Nice to know that bitcoin has been and is still solving real time problems for people. When you checked your first wallet and understood the amount amount of bitcoin that passed through it, you were pained that you didn't save enough. But then the bitcoin you owned and spent was for a good purpose or for business.
How about someone like me whose first bitcoin transaction was a pure scam. I was scammed and I made the payment through bitcoin. If I visit that waller, I feel regret and wished I saved the bitcoin instead of sending same to a scammer.

But you need to understand that in 5yrs time, we will still regret of the bitcoin we are spending today. Do we have options, we cannot save all, we must survive from it.

[eaLiTy]

~
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.

The majority of the old time users here will have the same feeling if you go back and check your wallet history or the amount of BTCitcoin volume you spent in gambling sites or by looking at the amount of coins you send as tips and there is no point in regrets as i made huge profits in the cryptocurrency market in each and every rally in this space.

[Odohu]

~
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.

The majority of the old time users here will have the same feeling if you go back and check your wallet history or the amount of BTCitcoin volume you spent in gambling sites or by looking at the amount of coins you send as tips and there is no point in regrets as i made huge profits in the cryptocurrency market in each and every rally in this space.

You are actually very correct, as can be seen from the various comments. However, I noticed a lot of the OGs knew Bitcoin will be something worthwhile in the future, hence, they bought and held from those early stages to date. How they got the foresight, courage and patience to persevere amidst the fud is what baffles me.

[Onyeeze]

Before you can see I high volume of bitcoin in your wallet that is not what you have in your wallet that means bitcoin is in bullrun because the coin your wallet can be increased when the bullrun has taken place, so what I wanted you to do is that a bullrun is something I know very well that have to do with increased in cryptocurrency and bitcoin particularly but but  has not taken any place, and it will depend when you invested in bitcoin  will determine the volume of bitcoin you will have, let me assume that you invested in bitcoin during last year when bitcoin price falls very well, if it's the time you invested in bitcoin their is any possibility that's it may increase in volume

[Pierre 2]

Well I still remember my first ever address. When I checked transaction amount there it makes me feel stupid. But I am also proud to be part of this invention (Bitcoin) so early. It helped get advantage in every section of my life. Bitcoin is number reason I feel "achieved" a bit. So I don't wanna consider sold amounts. I could be definitely richer, lot more richer, but I stayed just a bit above average. I didn't even have anything more thousand dollars back in those days when I first bought Bitcoin. So I wouldn't be able to buy more even if I wanted.

[bayu7adi]

My first Bitcoin wallet was a web-based wallet from blockchain.info, which is currently not recommended for storing BTC. I initially used this wallet to store the BTC I earned from faucets, but because the amount was minimal, I neglected it. I also didn't keep the access data for that wallet, which may have been lost with my old computer. I disregarded that wallet and haven't had any connection with it since.

As for my current wallets, I have two: one for daily use and one for long-term storage. I still trust Electrum for the majority of my assets and BlueWallet for a smaller portion. I plan to purchase a hardware wallet when my BTC holdings reach a significant level, perhaps equivalent to $25,000 in BTC; that's when I'll consider getting a hardware wallet.

[fuguebtc]

I plan to purchase a hardware wallet when my BTC holdings reach a significant level, perhaps equivalent to $25,000 in BTC; that's when I'll consider getting a hardware wallet.

Can you reveal, how many bitcoins have you collected? I know it's not convenient to say this, but I wonder, why did you wait until you collected $25k in bitcoin before thinking about buying yourself a hardware wallet? Doesn't a hardware wallet like Trezor cost only 80 USD, which is not too expensive and I'm sure it is very small compared to the value of the bitcoins you are holding, right? Why don't you buy it now to protect your bitcoins? Even if your bitcoins are worth $1k, it's worth a lot more than the money you used to buy a hardware wallet.

[Xcode7]

I plan to purchase a hardware wallet when my BTC holdings reach a significant level, perhaps equivalent to $25,000 in BTC; that's when I'll consider getting a hardware wallet.

Can you reveal, how many bitcoins have you collected? I know it's not convenient to say this, but I wonder, why did you wait until you collected $25k in bitcoin before thinking about buying yourself a hardware wallet? Doesn't a hardware wallet like Trezor cost only 80 USD, which is not too expensive and I'm sure it is very small compared to the value of the bitcoins you are holding, right? Why don't you buy it now to protect your bitcoins? Even if your bitcoins are worth $1k, it's worth a lot more than the money you used to buy a hardware wallet.

I think the reason is clear because they want more security when they have a lot of assets and for now those who don't have too many assets may still believe and not really make such plans.
I also think and plan so, currently my Bitcoin balance is not that much so I think now I don't really need a hardware wallet.

[Blitzboy]

Its always a learning curve to try something new like Bitcoin. Many lessons have been learned by me. At initially, I utilized Bitcoin for practical reasons, like you. When I looked through my old wallet, I remembered all the wasted opportunities. I made a mistake using Coinbase. It's simple, but I dont have my secret key. I gave them almost everything they needed to take charge. These companies lurk in the shadows for blunders like ours. However, sharing helps us learn and reduces their control. Avoid giving them the upper hand

[Silberman]

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.

Anyone that has been involved in this market for a few years will have some expenses and mistakes they regret, as if they had held those coins to this day then the amount of bitcoin they will have on their wallet will be many times more valuable than what it was back then, but that is life, think of those purchases and mistakes as what you needed in order to learn your lesson and save all the bitcoin that you can, since there is no point on lamenting losing that bitcoin when there is nothing we can do to recover it.

[Hypnosis00]

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.

Yes, just like you, I total all the withdrawal transactions that I've made and can't imagine that it reaches this amount XXX and wondering where it goes.
We could say that holding is not really on our side as we spend them all but for good reason. I'd just also imagine if we all held Bitcoin, what would happen to the market? I'd realized that Bitcoin is not meant for holding but it was created to spend it like fiat money. We can say that most of us consider this as an investment, well yes, but at the same time, we also use this to buy things which means that there is an exchange of goods and money. We sell them because we buy this and this...

[fuguebtc]

I plan to purchase a hardware wallet when my BTC holdings reach a significant level, perhaps equivalent to $25,000 in BTC; that's when I'll consider getting a hardware wallet.

Can you reveal, how many bitcoins have you collected? I know it's not convenient to say this, but I wonder, why did you wait until you collected $25k in bitcoin before thinking about buying yourself a hardware wallet? Doesn't a hardware wallet like Trezor cost only 80 USD, which is not too expensive and I'm sure it is very small compared to the value of the bitcoins you are holding, right? Why don't you buy it now to protect your bitcoins? Even if your bitcoins are worth $1k, it's worth a lot more than the money you used to buy a hardware wallet.

I think the reason is clear because they want more security when they have a lot of assets and for now those who don't have too many assets may still believe and not really make such plans.
I also think and plan so, currently my Bitcoin balance is not that much so I think now I don't really need a hardware wallet.

Not much, but how much? Like I said if it has greater value than hardware wallets then why are we hesitant about it? If your bitcoin assets are worth $1k, is spending $80 on a hardware wallet worth it?

I know many people are thinking the same as you, but in my opinion, if we really want to hold bitcoin for the long term and it's our significant amount of money. We should own a hardware wallet, if we cannot buy an expensive wallet, we should also buy the cheapest wallet because it is still safer than other hot wallets on the market.

[Peanutswar]

Im not using a electrum and Trezor hardware wallet before I just using a wallet I've seen in the google playstore and I made a transaction with the BCH and LTC once I know that the wallet is legit that I can make a transaction I tried to use the bitcoin but the problem is its a fix rate unlike in the Electrum you can make an adjustment with the use of the Sat/byte on that there's a fix rate like the exchange doing, later on I transfer into exchange and afterwards people recommend the use of the Electrum and i upgraded with the use of the Hardware wallet which i have the full control to my funds, hoping people will do the same to upgrade and not settle with the exchange as a wallet.