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Author Topic: Finally I did it (I am happy to join).  (Read 1909 times)
yazher
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December 20, 2023, 02:21:10 PM
 #101

Congratulations on your first bitcoin purchase. It is not easy to invest so much in bitcoin amidst the nature of economic in the country. Procrastination have killed many peoples dream of investing in bitcoin and they up not buying at all and regretting why they didn’t buy early when the price was lower. With this amount you’ve invested, you don’t need to bother too much about investment again, this will give you a lot of profit at bull run. If you have more you can invest more but if it was me I will be contended for now with the investment done so far.

Yeah! others cannot get enough courage to make their first step into investing in bitcoins because they are scared to lose their money because of what they read on social media and some posts that are hostile against bitcoins. Most likely they were influenced by those others who have no money to invest to begin with and they are just talking negatively about bitcoins. that's why when it comes to this, you need to take your time do your own research, and step out there to do and get your first bitcoins.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Lorence.xD
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December 20, 2023, 03:38:50 PM
 #102

Congratulations on your first bitcoin purchase. It is not easy to invest so much in bitcoin amidst the nature of economic in the country. Procrastination have killed many peoples dream of investing in bitcoin and they up not buying at all and regretting why they didn’t buy early when the price was lower. With this amount you’ve invested, you don’t need to bother too much about investment again, this will give you a lot of profit at bull run. If you have more you can invest more but if it was me I will be contended for now with the investment done so far.

Yeah! others cannot get enough courage to make their first step into investing in bitcoins because they are scared to lose their money because of what they read on social media and some posts that are hostile against bitcoins. Most likely they were influenced by those others who have no money to invest to begin with and they are just talking negatively about bitcoins. that's why when it comes to this, you need to take your time do your own research, and step out there to do and get your first bitcoins.

I think that is fine for some people not to have enough courage to invest, I mean for sure there would be a reason why they don't dare to invest like they are struggling financially, lack of knowledge, don't know how to start yet, etc. They can take their time to build up their courage to invest cause if you are rushing cause you feel you are being left behind like FOMO, it would just have a negative outcome. That is why it would be better to do your research than surf the web with anyone's opinion due to it could cause you unwise decision-making by FOMO.

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YUriy1991
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December 20, 2023, 04:22:49 PM
 #103

I think that is fine for some people not to have enough courage to invest, I mean for sure there would be a reason why they don't dare to invest like they are struggling financially, lack of knowledge, don't know how to start yet, etc. They can take their time to build up their courage to invest cause if you are rushing cause you feel you are being left behind like FOMO, it would just have a negative outcome. That is why it would be better to do your research than surf the web with anyone's opinion due to it could cause you unwise decision-making by FOMO.

Maybe the OP was also very inspired by the names mentioned above and started running his investments properly and correctly. Yes. This requires strong intentions, discipline, patience and not rushing, plus continuing to update market developments so that the results are maximum. As a reminder, I really agree with what you said if the OP doesn't make that decision.

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December 20, 2023, 04:31:26 PM
 #104

Congratulations for your first time  buying Bitcoin. Just hold it for a long time. To keep your bitcoins safe, try to keep them in a hardware wallet if possible. And if hardware wallet is not possible then keep your seed code with important care. Hope bull run will come soon and you can make good profit.

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December 20, 2023, 07:58:05 PM
 #105

With the help of the above names and those that I didn't mention, I was encouraged to start the investment as soon as possible.
Investment especially during these days is a must especially if you want to survive and actually live quite comfortable in the future. With that amount, you actually have a pretty decent start.
The only problem is that what you are going to do with that investment, do you want to DCA or trying something else? There are so much possibilities you can do with that, so I hope that you are all prepared with any outcomes.

Best of luck.

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panganib999
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December 20, 2023, 11:54:44 PM
 #106

Congratulations on your first bitcoin purchase. If you keep at it, you're definitely going to be in for the great things that crypto is able to offer people. What I could suggest now that you're able to start off your crypto journey, you might wanna work on the consistency part of the spectrum. It's good enough that you're able to invest that good amount of bitcoin this early in your journey, but what would make this situation even better is if you're able to invest crypto on a consistent manner, your investment will eventually accumulate and along with the profits, you're looking at a self-sustaining passive income stream that would support you when things go well and would help you out to survive when things are in the red.

I know for some this might not be possible given their financial circumstances but I say that if you're able to spend as much as 10 dollars on a netflix subscription or whatever the fuck you're sinking your hours in and money today, you would be able to spare at least 10 dollars to secure your financial future.
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December 21, 2023, 02:14:07 PM
 #107

I think that is fine for some people not to have enough courage to invest, I mean for sure there would be a reason why they don't dare to invest like they are struggling financially, lack of knowledge, don't know how to start yet, etc. They can take their time to build up their courage to invest cause if you are rushing cause you feel you are being left behind like FOMO, it would just have a negative outcome. That is why it would be better to do your research than surf the web with anyone's opinion due to it could cause you unwise decision-making by FOMO.

Maybe the OP was also very inspired by the names mentioned above and started running his investments properly and correctly. Yes. This requires strong intentions, discipline, patience and not rushing, plus continuing to update market developments so that the results are maximum. As a reminder, I really agree with what you said if the OP doesn't make that decision.

Exactly, I believe that if not for those name that he mentioned he wouldn't have purchased his first Bitcoin now, if not for them I think that the OP would have not buy up till this moment because he didn't do as he planned at the time he created this thread https://bitcointalk.org/index.php?topic=5469290.msg62948934#msg62948934 but what really matters now is that the op has finally purchased Bitcoin and also move them to an electrum Bitcoin wallet, that's what really matters now.
There have been so many individuals here that have not make such move and they are still not ready to buy even a single satoshi.

R


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December 21, 2023, 02:48:03 PM
 #108

I talked about my plans on how I can buy Bitcoin monthly, but I finally changed the plans, so I have save enough money through the help of my business (I have cars that I use for bolt business and I am making good profits from it).
Although I bought my first Bitcoin through a P2P transaction with an exchange wallet, after receiving my first coins I have to resend them to an electrum Bitcoin wallet because it is safer.
Congratulations for that and you are in the Bitcoin family at this time because there are still many people out there who do not have the opportunity to run investment. There is no detailed explanation of how you buy first for Bitcoin because what I read you changed the initial plan about the DCA pattern. If you have a large amount of capital then wait for the right moment to buy because the moment of decline will usually provide a large amount when you have the capital to buy more bitcoin.

After that, just make a long -term investment plan by storing bitcoin in a much safer wallet like the electrum that you say here. Everyone will try to take advantage of any conditions to buy bitcoin even though their capital is small but will not stop their intention to buy, because we know that bitcoin is one way to reach the stage of financial freedom.

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December 21, 2023, 03:10:25 PM
 #109

You have taken the first step. But never think that this journey will be easy. You will face many ups and downs along the road. Only those who can endure these and stand tall, are those people who will become successful. But don't worry much, I am sure you will learn everything throughout the journey. I should've advised you to use the DCA method to accumulate BTC in this unpredictable market, but as you have already bought it, it is good enough.

Never think that you have invested at the wrong time. As we all know, there are no good or bad times when it comes to Bitcoin investment. The moment you invest in Bitcoin, your willingness to HODL will determine your profits and losses. Everyone knows it and I will say it here again. The longer you HODL Bitcoin, the more profit you can make. Aim for a long-term investment plan with Bitcoin. But if there's an opportunity, you should take that as well.
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December 21, 2023, 11:32:17 PM
 #110

-snip-
Never think that you have invested at the wrong time. As we all know, there are no good or bad times when it comes to Bitcoin investment. The moment you invest in Bitcoin, your willingness to HODL will determine your profits and losses. Everyone knows it and I will say it here again. The longer you HODL Bitcoin, the more profit you can make. Aim for a long-term investment plan with Bitcoin. But if there's an opportunity, you should take that as well.
It is also necessary to provide education on how to do good management for the investment.
Anytime is a good time, but the right time is not because of the numbers, but waiting for the price to be at the bottom support so that you have the opportunity to profit more.

Don't buy because of FOMO because you will only get too high a price.
But if you want to hold back the long term, it will be quite a long journey depending on how high the price target you want to achieve.

Opportunities will exist at any time, it remains only to determine whether the opportunity is suitable for you or not.
But it is necessary to pay attention to what are the risks, do not panic too much when everything drops suddenly.
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December 22, 2023, 07:21:25 AM
 #111

Congratulations,  for your first attempt in your bitcoin journey, if you really understand bitcoin it will be an investment that you won't regret about it. Firstly you have to know that bitcoin investment is a longtime investment,  so you need to be prepared for this. Never allow the market to be distraction to you, bitcoin is a volatile and you will surely see the price go up and down, going dip it doesn't mean the price will remain dip, it is just the movement of market.

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December 22, 2023, 04:21:07 PM
 #112

Opportunities will exist at any time, it remains only to determine whether the opportunity is suitable for you or not.
But it is necessary to pay attention to what are the risks, do not panic too much when everything drops suddenly.
The only opportunity we should take while investing into Bitcoin is to find the opportunity when to sell for the bigger profit. The time you sell your holdings will determine your profit. It is also important to not panic and not become greedy as well. You sell early, you will end up with less profit. Also, if you hold it more than you should have, you will lose that opportunity and end up with less profit in this scenario as well. Instead of a random number, choose a target that you want to make profit from.
Having a fixed target of making profit will help to avoid panic sells and losses because of greed. Never marry your wallet. This is a line I have heard from someone in this forum that I can't quite recall right now but to me, it was great advice. If your profit has reached your target, just sell it. You can reinvest it again. That way we will have no regret.
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December 22, 2023, 04:31:15 PM
 #113

At first it is a little difficult and confusing, over time you will get used to it and will feel addicted after successfully getting the first results from your investment in Bitcoin. Congratulations on your first investment, you have done well based on what is shown in the picture. I'm sure, you won't be the last person to do it, after you there will be other people around you who will start investing in Bitcoin.
After successfully moving money in the form of Bitcoin, you must keep it safe. Store your Bitcoin in a wallet where you can control the private key, because you can control the Bitcoin whenever you want.

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December 22, 2023, 07:05:32 PM
 #114

It is not about the amount of money or when someone joins the crypto world, it's the cheer that they get in that makes me happy. There are so many people who cheer to be here, and that makes me super happy, we are talking about a lot of people who just ends up taking a plunge in the bitcoin world.

When someone buys bitcoin and that is something that creates a lot of stress for them, I do not find it anything good, I mean I am glad that they still joined even though they fear the risk, but I am not super cheery about that at all. But, when someone joins bitcoin world and get some, and they are super excited and happy about it? Now that really makes me super happy because they are finally in and they are happy about joining as well.

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December 22, 2023, 07:27:17 PM
 #115

Congratulations,  for your first attempt in your bitcoin journey, if you really understand bitcoin it will be an investment that you won't regret about it. Firstly you have to know that bitcoin investment is a longtime investment,  so you need to be prepared for this. Never allow the market to be distraction to you, bitcoin is a volatile and you will surely see the price go up and down, going dip it doesn't mean the price will remain dip, it is just the movement of market.
It was really a good time to get into Bitcoin and it feels good seeing new people join Bitcoin. We might be growing slowly but surely, a lot of people are embracing Bitcoin and that is something to celebrate.

Bitcoin is a great opportunity that many are yet to see or embrace. With buys like this, a lot of people will be motivated to start their Bitcoin journey as well.

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December 22, 2023, 07:28:18 PM
Last edit: December 22, 2023, 07:40:20 PM by AmoreJaz
 #116

It is not about the amount of money or when someone joins the crypto world, it's the cheer that they get in that makes me happy. There are so many people who cheer to be here, and that makes me super happy, we are talking about a lot of people who just ends up taking a plunge in the bitcoin world.

When someone buys bitcoin and that is something that creates a lot of stress for them, I do not find it anything good, I mean I am glad that they still joined even though they fear the risk, but I am not super cheery about that at all. But, when someone joins bitcoin world and get some, and they are super excited and happy about it? Now that really makes me super happy because they are finally in and they are happy about joining as well.

this is why you need passion at least for this market for you not to feel so stressed once you put your hard-earned money at stake on this volatile market. if you joined in this investment, supposedly you should know the risks involved and the possible consequences that may happen. because if not, you will indeed feel despair of this market later on, and maybe cursed that you got in here.

hence, as you've seen for some users who got burned and left early, they are saying nasty things towards this market because they don't fully understand what's going on in this market. they thought, once they joined they will be reaping profits after profits without suffering any losses. and that's the reason why they are getting disappointed and so spreading some negative experiences to others, which can give negative notion about this market.

for others who continue their journey, they should at least do one of the following:
- don't stop learning, continue educating yourself by reading related topics on this market
- accept that there may be losses on the way, you are not always in the winning side
- invest what you can afford to lose, a very common piece of advice in any type of investment
- at least do your own due diligence for every coin/token you want to buy
- monitor its market and discard it if you think you can't keep up with their progress

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December 22, 2023, 07:45:10 PM
 #117

Congratulations mate! I am happy you have your first Bitcoin. 😁 You are now a certified Bitcoin owner and investor! Just keep your private keys or seed phrase safe from prying eyes. As a signature campaign participant I also has Bitcoin investment and it functions like DCA though it is only worth a few dollars but it is better than nothing. 😁



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December 22, 2023, 08:49:48 PM
 #118

+2 merit to you, this is a really great step you have taken and i remember the encouragement I had when I actually bought mine although it wasn't as massive as this but it was the beginning of a great Bitcoin journey and am glad you have also started yours. I encourage you continue hoarding as much as you can before the bull season comes and we eventually witness a new ATH. But I would just advice to do everything possible to avoid messing with your holdings as many investor started and ended halfway there.

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Wiwo
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December 22, 2023, 09:21:52 PM
 #119

I had 2 btc when their price was less than $200, sadly my situation forced me to sell them at $300, therefore I came to the conclusion that if we do not have economic stability we will not be able to maintain it in the long term.
but without a doubt it was a great investment.
Really sad story there mate,  and I agree with you,  on the fact that if we don't have a large reserve,  it will be hard to hold on to our investment,  just like in your case,  you were lucky to have owned the 2 bitcoins at that time when the price was low,  but then you where forced by situations to sell them off,  but I wish in ops own situation he is able to hold his bitcoin for at least a decades before he sells to take the most out of his investment,  so many,  bitcoin is already too expensive,  but at some points,  we still need to accept the reality that there is need to get in regardless of what the price may be at the time.

So ops have done well to have decided to buy the bitcoin regardless of what the current price may be and what becomes of the future price,  I believe ops have a long-term investment mindset for this since he bought a relatively significant amount of Bitcoin at a go.
Su-asa (OP)
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December 23, 2023, 08:49:01 PM
Merited by fillippone (1)
 #120

It is not about the amount of money or when someone joins the crypto world, it's the cheer that they get in that makes me happy. There are so many people who cheer to be here, and that makes me super happy, we are talking about a lot of people who just ends up taking a plunge in the bitcoin world.

When someone buys bitcoin and that is something that creates a lot of stress for them, I do not find it anything good, I mean I am glad that they still joined even though they fear the risk, but I am not super cheery about that at all. But, when someone joins bitcoin world and get some, and they are super excited and happy about it? Now that really makes me super happy because they are finally in and they are happy about joining as well.
Honestly, I was afraid of the risk but when I came to my right senses, I then realized that there is nothing in life that is not about risk (mostly
when one wants to make money but not quick money). That's why I have to zero my mind and risk $1400 worth of 1.7 million in my corrency, at first, I didn't want to buy such a huge amount but as I have zero my mind to risk it, there is no going back (I have risk what I can afford to lose) so there is no going back.
One of the reason why I was afraid to invest was because I was, I don't know if I should say scammed or something, I deposited $2k on stepwork, and I was so frustrated because I invested with what I can not afford to lose.

This what keep showing anytime I try to access my account.

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