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

[shepherd_gee]

The first time I heard about Bitcoin was at the early days of my life. I was naive I would say and so skeptical about the nature of the market ranging from its vulnerability and risks associated in the kinda of market as well as the high rate of scams in it. Investing in Bitcoin was like a two edged sword, I simply carrying the gamblers mindset, I invested little or nothing to it in order not to run deficit as a financial analyst. The skyrocket of the market was a boom, had a suit sayer told me it would, I wouldn't have believed.
Indeed the future is unpredictable, I never blamed myself for not investing much cos I have been scammed a couple of times.
You have every reason to be depressed, but looking at the past you can forecast that the future is bright, you just have to let by gone be by gone you're not on this alone. Chinua Achebe would say...... Those who have been oppressed as those who are often too willing to let by gone be by gone. Focus on the future, it's bright and has alot of package to unleash. Aloha 🕊️

[dezoel]

The conspiracies that large banks are actively discouraging individuals from investing in Bitcoin. Its a story about the wealthy getting richer while shutting out the rest of society. But dont be too excited. Its time to cut through the distraction and look at the facts, the data, the trends. We must be wise and serious.

Knowledge is and always will be everything. You're doing the right thing by reading up on Bitcoin at learnmeabitcoin.com. But remain skeptical. Never stop asking questions and looking for alternatives viewpoints and sources. Take into account the fact that not all price increases are long-lasting and that not all price decreases are terrible. Only knowledge can save you in this world

It's not just a conspiracy but it was a fact. We are not bothered with it though and even the banks right now are with us. They are now also into Bitcoin. There might still be other distractions and it is hard to permanently avoid them but we can still do something. Knowledge is important but I think there also other traits that we must adapt to help us to become more successful on the things that we are going to venture.

I don't understand on why is he still skeptical after acquiring a knowledge in Bitcoin. But maybe he still lacks in experience. This could be one of the things that I'm referring to earlier. Yes, not all price increases are long-lasting because we need to switch to the other cycle, but as long as we HODL a good crypto, we can increase again and next time will be better than the previous one.

[Botnake]

I feel motivated, I guess. The fact that I didn't have enough Bitcoin when I started in crypto, and seeing others accumulate a good number of Bitcoins in their wallets, made me think that if they can do it, I can do it as well. I didn't start with my own money when I got my first Bitcoin; I did some online jobs and related activities to earn Bitcoin. During that time, Bitcoin was still very cheap, around $200 per piece, as far as I can recall, so it was within reach for me to acquire at least 1 BTC, even coming from my salary with my job. However, at that time, I wasn't yet entirely convinced about Bitcoin, and I took the less risky path, actually no risk at all, as I didn't spend any money to acquire Bitcoin.

As of now, I can say that I have a decent amount of Bitcoin, not huge like those held by whales, but at least I have something to call my own for my future retirement. We never know if Bitcoin could reach $100,000 or even $1 million per piece, which is possible, right? And if that were to happen, I would say to myself that HODLing is indeed real.

[DabsPoorVersion]

My first wallet was a web wallet which I no longer have access to. It is easy not to feel much guilt about my past spending when I have no way of examining those details, although I’m sure I spent what would now be worth thousands on some really minor purchases.

I am really glad that web wallets have become mostly obsolete and people are choosing to custody their funds on their own devices.

Even if you can access it and review what you did in the past, there is no reason for you to feel remorse or guilt. Because no one knows what the future will be like and selling bitcoin at that time could also have helped you solve many problems in life. You should be proud that you did it instead of regretting it.

We need to remember that investing in bitcoin is about letting it serve us, improving our lives, not us serving it. So don't show regret for what you've done. Moreover, let's rejoice because those transactions of ours have fueled the development of bitcoin to what it is today. We should be proud that we were the first to use bitcoin.

Yes, the only thing you can feel is guilt for accessing your old wallet. It is indeed no reason doing it, seeing the current value of the old holdings will not make any difference as they no longer in the wallet. No regrets should be feel, even after selling it, it's probably used in your needs.

Aside from what you said, the reason why we invest in because to make money in our investment. If you decided to sell it in the past because you make a profit, that's enough reason not to regret your action. Better thing to do is to move forward, invest as much as we can and see where the price of bitcoin can get.

[Mehedi72]

Each of us have similar story like you op. I start using bitcoin from 2016. I worked on a app and received some dollar in Bitcoin as reward, after that I started investing with Bitcoin while it was 200-220$ per Bitcoin and i had around 7-8 Bitcoin which i made from trading and investment. Sometimes i feel regret as if i could have knowledge about btc but here is game! Future is unpredictable, most of us here didn't imagine Bitcoin could cross 67k$ ath but i think it is better to think about future. How to use those opportunities which will come in upcoming days

[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.

Yep, it did really make out that kind of depression and huge regret when i do tend to look and check out with my first Bitcoin wallet on which seeing those volumes in regarding inbound and outbound
transactions or simply with the overall volume then it is really giving out that kind of huge regret that you would be able to feel on point. You would be mainly have those what if's into your mind
and telling that if you have just able to hold up for too long then you might be millionaire now and you have already bought all the things that you do want now.

I made up my own big house and bought some luxury cars on which these are the primary things that comes out into my mind but well past is past and there's
no way on turning back. This is why it would be not ideal that you do keep on looking back specially into these things on which considering that
it would be giving out that kind of stress on which it would really be disrupting with your current or recent investment plans. So better move on and do things on which you do
seem that it is right atm.

[kingvirtus09]

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 think we all have felt such things to be honest, but that's part of making us realize the importance of it in the future, even me at first I didn't care if I spent the bitcoin I had the first time I had I have it in my own wallet.

And until now I'm still like that because I'm not a rich person to accumulate Bitcoin, but I'm doing other dca as alternatives to bitcoin and those are the other cryptocurrencies that I think can also give me profit in the upcoming bull run or before the halving comes here.

[BitcSeo]

Who else could share a deep/painful experience when it comes to first btc or previous transaction(s) wallet.

In my case, i cannot figure out my first wallet but, i do remember one specific wallet where i was unable to log-in to transfer or use the available coins. I forgot the passphrase when my asus laptop was faulty. So, i had to switch to a smatphone.

All my data's were not properly backup so, i lost access to paraphrase,pw...

The transfer from my localbitcoin to one of my blockchain wallet is still lying in that wallet.

During btc boom, i literally wake every morning trying to recover coin without success.

Note: now, i know there are lot of tools for performing such operation now but, i don't think its what the stress now.

**Just to note the good and bad side of btc back in the early days.


Regards

[umbara ardian]

While dwelling on past mistakes can be disheartening, it is crucial to acknowledge and learn from them. The missed opportunities to accumulate Bitcoin in the past may serve as a source of regret, but it is essential to channel this emotion into positive action.

Rather than fixating on what could have been, focus on the present and the opportunities that lie ahead. Bitcoin remains a valuable asset with the potential for significant growth. By seizing the opportunity to accumulate Bitcoin now, you can transform your past regrets into a catalyst for future success.

Instead of allowing past mistakes to paralyze your progress, use them as a powerful motivator to make informed decisions today. Embrace the lessons learned and channel them into a proactive approach to wealth accumulation.

[EluguHcman]

I came late to the Bitcoin join but the truth of it is that I was told to keep hodling while expecting a bull-run after some bullish runs which I was much impressed because I could make cool income in the Bitcoin marketing industry without pulling a muscle and not personal skills was required and there was no marketing competitions aside the shitcoins that has no influences in the crytop space.

But at my learning about some historical charts about Bitcoin where the price goes UPs and DOWNs, DOWNs and UPs, I wasn't confident enough to stay longer while the DOWNs (depreciation) comes and I felt trading strategies such as pulling out your Bitcoin from the trading wallet and get it protected with the fiat was the best trading strategies so as to boycott the deflation value which made me sold out my Bitcoin and was happy about atleast I made up to 4% of income and never loosed in the trades.
It is really not Worth recalling back the hands of time where I can tell you all that their came the bull awaited running in about some hours after I sold out.
I regretted and needed to reinvest it again at that moment then I realized that I was on the wrong thought of it.

This has really thought me experience lessions to my patients and has also enhance my faith and reliability on Bitcoin.

[btc78]

Who else could share a deep/painful experience when it comes to first btc or previous transaction(s) wallet.

In my case, i cannot figure out my first wallet but, i do remember one specific wallet where i was unable to log-in to transfer or use the available coins. I forgot the passphrase when my asus laptop was faulty. So, i had to switch to a smatphone.

All my data's were not properly backup so, i lost access to paraphrase,pw...

The transfer from my localbitcoin to one of my blockchain wallet is still lying in that wallet.

During btc boom, i literally wake every morning trying to recover coin without success.

Note: now, i know there are lot of tools for performing such operation now but, i don't think its what the stress now.

**Just to note the good and bad side of btc back in the early days.


Regards

it cannot be helped that mistakes are made as beginners thanks for sharing because it’s also important to know that investing is something we all should be careful with

while it might be nostalgic to look back, it’ll be nice to know that some of the old investors we see now have also made mistakes this is not to encourage mistakes but rather to not lose so much hope in times of bad situations and learn from such mistakes

[blckhawk]

I have no regrets with what I have spent my bitcoin with, the stuff and experience that I have acquired thanks to bitcoin is such an appreciation for me so I do not have any regrets about my spendings, the people that I have met and the experience I have shared with them is something I will be grateful. Money can always be earned and I can always buy bitcoin so I have no worries. In fact I am happy because all the bitcoins I have sold, I can still remember where I have spent it. I guess I am living more to what Satoshi envisioned on how to use bitcoin more than anyone but that is just me.

[sokani]

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.

My first Bitcoin wallet was an online wallet, blockchain.info, now known as blockchain.com. Whenever I logged in and saw the transaction history of the wallet, it brings back sad memories and regrets. It saddens me knowing that the Bitcoin I bought with few dollars has appreciated to a good value. If only one could see the future, things would have been different, I could have bought more and held. The worst thing is that I didn't keep the Bitcoin to myself or sell it, I used it in a pyramid scheme and I lost everything.

[Questat]

I have no regrets with what I have spent my bitcoin with, the stuff and experience that I have acquired thanks to bitcoin is such an appreciation for me so I do not have any regrets about my spendings, the people that I have met and the experience I have shared with them is something I will be grateful. Money can always be earned and I can always buy bitcoin so I have no worries. In fact I am happy because all the bitcoins I have sold, I can still remember where I have spent it. I guess I am living more to what Satoshi envisioned on how to use bitcoin more than anyone but that is just me.

Perhaps, we can we whatever we want because that is our money and besides, having Bitcoin isn't just we hold them forever but of course, for some reason, we can spend it. Yes, we never feel regrets and that is exactly what we should think.
As I checked all the transactions I've made and had a total of all incoming transactions, I couldn't imagine how big it was if never spent/withdrawn already. But just like you, I'd never use it for nonsense and useless stuff so I feel no regrets. Well, this is the truth, it comes in and it goes out, and only the transaction remains as remembrance.

[JayJuanGee]

While dwelling on past mistakes can be disheartening, it is crucial to acknowledge and learn from them. The missed opportunities to accumulate Bitcoin in the past may serve as a source of regret, but it is essential to channel this emotion into positive action.

Rather than fixating on what could have been, focus on the present and the opportunities that lie ahead. Bitcoin remains a valuable asset with the potential for significant growth. By seizing the opportunity to accumulate Bitcoin now, you can transform your past regrets into a catalyst for future success.

Instead of allowing past mistakes to paralyze your progress, use them as a powerful motivator to make informed decisions today. Embrace the lessons learned and channel them into a proactive approach to wealth accumulation.

I also believe that one of the most important considerations of the past is to figure out if there is something that can be learned from it in regards to your own management of your finances and/or your management of your knowledge and psychology and putting whatever might be your knowledge of your situation into action.

For sure each of us have made mistakes along the way, yet we hardly are going to know about our mistakes by merely assessing what the BTC price ended up doing as compared with what we thought that it might end up doing, because we are never really going to know the answer to those kinds of questions in advance, yet even if we have in perfect information we can consider the various directions that bitcoin might go and consider how extreme it could become in either direction, and then within reason attempt to prepare for either direction and the intensities.

From the start of my journey of investing into BTC, I had an investment thesis that involved ongoing accumulation of BTC, and sure if the price was going down then I was considering that it was good to buy the dip because I was lowering my investment cost, yet the BTC price kept dipping, and really it took a couple of years for my average cost per BTC to get back into profits and it even took more than 3 years for the first BTC that I bought to get back into profits and to stay there.

There were mistakes made at each of the stages, but even when I used to spend bitcoin or to send some bitcoin to others (as introductory gifts), I would frequently replace whatever I had spent, and I would also try to replace an extra amount, such as 5-10% more than I spent so that my BTC stash was continuing to grow in terms of number of BTC, but not necessarily in terms of its dollar value or it being in profits (at least not in the early years).

Even if I can see various places along the way that I made mistakes, I would also try to make corrections along the way too, and there were likely somethings that took me longer to correct than others, since each of us likely have certain kinds of habits, and maybe we can ONLY make changes within a certain number of changes at any given time.

Even when I see the number of bitcoin that I gave away, it is hard to have regrets about that, even when I see people who totally were not worthy to receive bitcoin, but then at the same time, it can be difficult to know whether my bitcoin interaction with them had maybe later caused them to have some knowledge and memory of bitcoin that might have had caused some of them to be more receptive to bitcoin at later dates (and some of them I cannot ask because I am no longer in contact - coming upon 7-9 years later.. if talking about some of the earlier stages in which I was giving away bitcoin was within 1-3 years after I first stared using bitcoin, but it was not really in my very first year of bitcoin.. and I did revert to some giving away of bitcoin later on in my bitcoin journey in the past couple of years.., but then even in the middle, sometimes I considered some of my bitcoin transactions to be kinds of charity (even though I got something out of it on my end), so maybe part of my point is that my interaction with bitcoin and even how I interact with others in regards to bitcoin has taken various changing forms through the years, even with some of the last year and a half or so with my trying to learn about using lightning network wallets... and for sure I do not claim to be a very technical person, but sometimes just having a bit more than 10 years into bitcoin does contribute to learning about various bitcoin-related technical things along the way.

[Essential10]

I can't remember how happy I was when I saw my first bitcoin wallet. But now I am happy to see my bitcoin wallet because it has more than double the value of what it was when I first invested in bitcoin. Currently looking at the wallet makes me even more motivated to collect bitcoins. My wallet will usually allow me to mine, store, store and trade bitcoins. Also, I can feel happy that Bitcoin is a new venture that will mainly create opportunities for newbies. By being proactive and taking steps to invest in Bitcoin, we can create a future for ourselves.

[promise444c5]

From the start of my journey of investing into BTC, I had an investment thesis that involved ongoing accumulation of BTC, and sure if the price was going down then I was considering that it was good to buy the dip because I was lowering my investment cost, yet the BTC price kept dipping, and really it took a couple of years for my average cost per BTC to get back into profits and it even took more than 3 years for the first BTC that I bought to get back into profits and to stay there.

This is a true definition of patience , it might be hard sometimes but it's rewarding. BTC it's self should have been tagged patience   let's flash back to the days when btc was still 0.$  probably, though it might feel easy to acquire but amongst the investor then if there were alot of small investors (I believe everyone should be a small investor then) whom had patience till this very  moment then there could have been a lot of scarcity  and a crazy hike in the price of BTC but who knew this was going to happen.  Even some used it as a trade for pizza because they simply had no patience

[bussybuddy]

Staring at that first Bitcoin wallet can be a real punch to the gut, huh? We all get the "what if" flashbacks, wishing we were Scrooge McDuck swimming in digital gold. But dwelling on missed moonshots can be a recipe for bitterness, and frankly, time travel ain't an option.

I always believe that this is a lesson and also a new opportunity. A very good saying I once heard "The past is a teacher, not a bully". We learn from our stumbles, grow from our mistakes, and use that wisdom to build something even better. So keep your eyes on the prize, embrace the lessons learned, and watch out world, because this Bitcoin is about to make magic happen!

[0t3p0t]

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 feel you mate. If only I had saved all of my Bitcoins in the past for sure I am a millionaire right now and of course achieved the financial freedom we all are longing for a long time. But yeah that's life and I having no regrets why I spent it all before because without it we won't survive from crisis and other difficulties. My only problem that time was mismanagement in some of my funds but that serves as a lesson to me.

[Ever-young]

I really did not believe it til 2017.

I got in 2012.  I have made money but not as much as I could have.

Maybe 200k in profits since 2012 but if I held more I could have made 2 or 3 million .

Unbelievable, just imagine someone who don’t have self control going through his old wallet and holding history and seeing how much rich he could have been what will be the person reaction.

Me I just consider what ever I have hold and spent on bitcoin in the past as past event I don’t allow my self look at those old wallets again as I might not like what I will see there it’s better for me not to look at it at all than to give my self another day full of think as to what I could have achieved with those holdings if I have hold little longer.