Mate2237
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December 08, 2023, 08:34:36 PM Merited by JayJuanGee (1) |
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Op you really tried for investing in Bitcoin at this time. Everyone dream is to invest on Bitcoin and hodle it for the highest bull market. And the number you bought is encouraging. Congratulations for the new journey you have embark upon. And the only thing I will say is don't be shaking and always have the confidence to hodle them until you are satisfied to sell them. The 0.033 Bitcoin you have now will be the Bitcoin you will have even 20 years to come. There will be no unit of Bitcoin you have will be reduced but the only thing that will reduce is the Bitcoin price and not the Bitcoin you have.
Therefore you have to be afraid that your Bitcoin is reducing. Your Bitcoin will not reduce in any day.ans you do well for moving the coins from the Centralized Exchange to the Electrum wallet.
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Maslate
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December 08, 2023, 08:48:33 PM |
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Great job OP. Finally, you have made your first step on reaching your goal, so just continue to buy and do DCA and you will see yourself riding the hype gaining massive profits when bull market happens. Don't be bothered by the market volatility, bitcoin price might dropped a little but it will recover eventually so you don't have to worry about it. Just don't be tempted to sell when you see bitcoin price surging, just sell when the market is finally bullish.
For now, study the market more and learn how to overcome the risks in bitcoin. That is only hard at the beginning but you will get used to it when you invest more and stay longer in the market.
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Z-tight
Legendary
Offline
Activity: 1036
Merit: 1106
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December 08, 2023, 08:48:47 PM |
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This is a BTC forum, so we would surely be happy when people buy and use BTC, so it is good that you decided to own some coins for yourself, i hope you are taking the security of your funds seriously, back up your seed phrase in more than one location, when your funds get bigger, use a hardware wallet or an airgapped device and add extra layers of security like setting up a multisig wallet or extending your seed phrase with a passphrase. It is worth mentioning as well that BTC is p2p electronic cash, so if you have the opportunity to spend your coins on goods and services, don't hesitate to do so.
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Viscore
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December 08, 2023, 08:56:32 PM |
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Welcome to the community of bitcoin investors. I'm glad to hear that you have finally made your first purchase, although with a high price but still the coin is still worth the price investing for. My advice for you is to always seek for long term hodling no matter what happens. The market may suddenly turns bearish but when positive news and updates hit the market, it will turn into bullish again. So be confident with your bitcoin investment, your success will certainly be achieved if you are strong and determined enough not to fall from the traps of the market.
I know you're overjoyed right now. But don't let your emotions control yourself, but stay calm and patient at all times. Do not ride with the FOMO but do the DCA to increase your bitcoin volume in your portfolio.
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BitcoinPanther
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December 08, 2023, 08:58:29 PM |
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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.
You can always reinvest, so do not feel bad about selling your BTC since you did not sell it at a loss. There is a person I knew who had more than 10 BTC and sold it at around 2k then some months later Bitcoin price record its ATH that cycle. So you are not alone in this kind of experience. @OP congratulation on successfully purchasing your first BTC. I hope that you are among the people who have diamond hands that never waver and panic when times Bitcoin price crash. Bitcoin has always the ability to recover and beat its ATH just we just need patience.
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goldkingcoiner
Legendary
Online
Activity: 2226
Merit: 1980
A Bitcoiner chooses. A slave obeys.
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December 08, 2023, 09:27:16 PM |
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I wanted to buy my first Bitcoin in the month of October but, based on some personal issues, I tried not to invest at that time. However, that was the best time to buy some Bitcoin, but still, today I have finally bought my first Bitcoin. It is quite hard to do this, but I finally did it. Good job, OP! Here's to a happy Bitcoin journey together! Whenever the market is volatile or it seems that a bear market is coming, remember how valuable the potential of your Bitcoin investment is. As long as you remember to hodl, there will be nothing that can stop you. If you have any questions on your Bitcoin investment or anything crypto-related, do not by shy and ask away on this forum! We will be only too glad to help out!
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Richbased
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December 08, 2023, 09:31:17 PM |
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OP I commend you a lot for taking this bold step of purchasing your first Bitcoin as there is a saying that ''the journey of a thousand miles begins with a single step'' so this experience have unleash your milestone in achieving a greater Bitcoin overview of how your future investment will blossom in the test of time. It's not really easy for many people to buy bitcoins now due to it's high price but regardless you choose to buy and I urge you to use the DCA so that you can be investing same amount of 0.033btc at different interval of time. Kudos to your latest decision on acquiring bitcoins.
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Ultegra134
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December 08, 2023, 11:35:59 PM |
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It feels nice to be appreciated in your post, so thank you in a way. It took me a while to remember who you were, and I had to briefly go back to your original thread. I'm glad that you actually went ahead and acquired your first Bitcoin, and it's a decent purchase as well, at approximately $1,500. Nice job! It feels good to see you delighted, and I'm hoping this is only the beginning, and eventually you'll end up accumulating more. You can only benefit from this story.
Good luck on your Bitcoin endeavours!
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syedakhlaque
Member
Offline
Activity: 416
Merit: 30
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December 09, 2023, 09:48:12 AM |
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Congratulations you have finally joined Bitcoin. I think this is the best time. When you make a better decision. And it is said" Late is better than never".I think you will be successful in this business too and earn well as you are successful in bolt business. You seem to be business minded and will earn well in bitcoin business too. Be a little cautious and grow the business slowly while gaining knowledge and and insight۔Bitcoin is a fast growing business all over the world. And the new generation is very much interested in it.
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oktana
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December 09, 2023, 10:23:15 AM |
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For some reason, I was looking for my name too. . Anyways, I really hope that this isn't FOMO. I'm hoping that you will be committed to the Hodl and wouldn't sell when there's FUD. However, welcome to the Hodl family. I said Hodl because not everyone who knows and talks about Bitcoin actually hoards it, and it isn't bad but it's one thing to say that Bitcoin is amazing and another to actually use it as claimed. Adding to that, keep your wallet keys safe as that is the only way you could lose your funds. Don't be too loud about owning Bitcoin because that will attract robbers, etc.
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angrybirdy
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December 09, 2023, 10:49:50 AM |
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For some reason, I was looking for my name too. . Anyways, I really hope that this isn't FOMO. I'm hoping that you will be committed to the Hodl and wouldn't sell when there's FUD. However, welcome to the Hodl family. I said Hodl because not everyone who knows and talks about Bitcoin actually hoards it, and it isn't bad but it's one thing to say that Bitcoin is amazing and another to actually use it as claimed. Adding to that, keep your wallet keys safe as that is the only way you could lose your funds. Don't be too loud about owning Bitcoin because that will attract robbers, etc. On point! Don't be too loud and nosy about owning bitcoin or any crypto related investment because it will cause you harm especially now that many people are interested in bitcoin, knowing the current status of the coin, people wants to learn and to have it as their investment. I always suggest to become a bitcoin hodler rather than bitcoin trader , as we know that being a trader requires very specific skills that few people possess. If you don't have them, forget it. So choose a safer path which is become a hodler.
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LogitechMouse
Legendary
Offline
Activity: 2618
Merit: 1061
Need A Campaign Manager? | Contact Little_Mouse
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December 09, 2023, 10:52:39 AM |
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However, that was the best time to buy some Bitcoin, but still, today I have finally bought my first Bitcoin. It is quite hard to do this, but I finally did 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? I guess. You bought ~$1400 worth of Bitcoin through an exchange now on Electrum. I mean what can we say about that? Just take care of your Bitcoins, and if possible, continue buying since you have a business, take a percentage of your profit there and buy different assets, not only Bitcoin. It's always good to see users here starting their investing journey and buying cryptocurrencies. As for me, I'm continuing to accumulate Bitcoin and other assets in preparation for the upcoming bull run. I know it's still months of even a year away, but still better to invest now than never invest at all. take care of your coins, and if possible, don't just focus on Bitcoin, but buy some altcoins as well. Take note that altcoins tend to move higher than Bitcoin during the bull run.
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Steph.A
Newbie
Offline
Activity: 10
Merit: 0
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December 09, 2023, 10:57:19 AM |
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Welcome to the club buddy, make sure you hold your coins in a safe manner and don't get baited when signs of bear market appears.
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m2017
Legendary
Offline
Activity: 1988
Merit: 1401
Playbet.io - Crypto Casino and Sportsbook
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December 09, 2023, 11:02:33 AM |
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I wanted to buy my first Bitcoin in the month of October but, based on some personal issues, I tried not to invest at that time.
But you don't have to regret it (lost opportunity to buy bitcoin at a cheaper price). However, that was the best time to buy some Bitcoin, but still, today I have finally bought my first Bitcoin. It is quite hard to do this, but I finally did it.
The best time (" to buy some Bitcoin") is when you have just bought. Don't try to catch this best time. Congratulations on your first (Bitcoin) purchase. Sincerely. Once you start, you won't be able to stop. This is not difficult to do once you try and understand it once. It only seems like this the first time. 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.
The main thing is to take precautions to ensure the security of not only Electrum wallet, but also the entire OS of your device. Better yet, study the relevant topics and discussions on the forum to avoid compromising the contents of your wallet. With the names above, I was so encouraged to buy Bitcoin and hold it for a long term. @Distinctin, @m2017, @Peanutswar, @wxa7115, @wxa7115, @TheUltraElite, @Minecache, @lovesmayfamilis, @Lorence.xD, @Nrcewker, @Blitzboy, @lranus, @Darker45, @adzino, @CryptoHeadlineNews, @Ultegra134, @gunhell16, @rachael9385, @aylabadia05, @tabas, @CryptopreneurBrainboss, @Cryptomultiplier, @Lucius, @cryptoaddictchie,@Jawhead999, @tbct_mt2,Z-tight, @Yamane_Keto, @Out of mind, @Oshosondy, @mocacinno, @Dave1, @Makus, @Mr.right85, @serjent05, @Potato Chips.
Just remember that the names above do not bear any financial or other responsibility for the consequences of your actions. 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.
You should not rush into investments and decisions should be made carefully and based on your specific case and nuances.
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DabsPoorVersion
Sr. Member
Offline
Activity: 1260
Merit: 315
www.Artemis.co
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December 09, 2023, 12:32:08 PM |
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First of all, congratulations on your first investment. The investment you make will be the first step on your Bitcoin journey. Investing around $1.4k to $1.5k is huge as a first investment, you are brave enough to risk much money, and it will surely bring you a good profit when the bull run comes. A piece of advice from me, don't let yourself be affected by the news/FUD that may come in the future. We're still a few months or years away from the next halving, negative news about Bitcoin will come, and nothing to do to avoid that but to continue to keep your holdings.
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justdimin
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December 09, 2023, 01:08:05 PM |
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Congratulation your first bitcoin purchase and hope you can be long term investor with diamond hands , I am so excited with first bitcoin purchase you invested huge amount 0.033 BTC estimation values $1446 current bitcoin price right now. You have good mindset when investing in bitcoin without care current bitcoin on good trend but keep purchasing and don't limit your self for another purchase in the future. You can accumulate later when bitcoin have little drop price but depend on your financial condition if ability purchasing huge amount is not problem but don't press your self have to invest bitcoin with getting loan or borrowing. Enjoy your first bitcoin purchase and don't miss any update exactly when bitcoin have good or bad news for your planning in the future with second purchasing of bitcoin. That is true, a new person joining this type of stuff is great and that should be something that would benefit everyone but that doesn't mean that we can't really end up with a greater return all that easy, so when someone manages to achieve something like that it should be something that would be all quite important in the end, we should definitely consider these type of increases in people who are investing into bitcoin as a great sign, it proves that the world is considering the situation all that much better and definitely something that would benefit everyone without a doubt. However, that doesn't mean that you are going to end up with a return that should be big right away, it may take some time to get a bigger return like what you expect, so all these new people should be aware of that. I do fill with joy seeing all these newcomers, I have been here for quite some time, and seen many join after me and every single one of them made me super happy.
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cheezcarls
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December 09, 2023, 01:20:30 PM |
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Welcome to the club then! Been a BTC holder since 2022 during the time the price was just between $19k to $23k and I am glad to hold it until today and am into profits. It’s probably my best time that I’ve bought Bitcoin after missing a lot years ago due to ignorance and focusing only on short and mid-term alts (and shitcoins too).
As long you are thinking long term, understanding the risks and just fine doing DCA with an amount that you can afford to lose, then you are good to go. We’re in a bull run and the momentum keeps going.
Better late than never. Hopefully the uptrend keeps going for all of us Bitcoiners! LFG!
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CageMabok
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December 09, 2023, 01:30:37 PM Merited by JayJuanGee (1) |
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For some reason, I was looking for my name too. . Anyways, I really hope that this isn't FOMO. I'm hoping that you will be committed to the Hodl and wouldn't sell when there's FUD. However, welcome to the Hodl family. I said Hodl because not everyone who knows and talks about Bitcoin actually hoards it, and it isn't bad but it's one thing to say that Bitcoin is amazing and another to actually use it as claimed. Adding to that, keep your wallet keys safe as that is the only way you could lose your funds. Don't be too loud about owning Bitcoin because that will attract robbers, etc. OP only shows the proof that he has started at the end of this year with a pretty strong and large confidence. But on the one hand I also agree with your advice that the OP does not need to show its Bitcoin balance to everyone excessively because it is the possibility of giving birth to a worse thing for him if the OP does not maintain the key to his wallet very well or the stock exchange he uses it . Because if the OP wants to invest in the long run, of course he must also understand how it is called Hodl on Bitcoin. On point! Don't be too loud and nosy about owning bitcoin or any crypto related investment because it will cause you harm especially now that many people are interested in bitcoin, knowing the current status of the coin, people wants to learn and to have it as their investment. I always suggest to become a bitcoin hodler rather than bitcoin trader , as we know that being a trader requires very specific skills that few people possess. If you don't have them, forget it. So choose a safer path which is become a hodler.
Besides Hodler, it can be a safer choice for investors and beginners who have just started as in the OP example. Not too publishing Bitcoin balance must also be considered important by the OP even though for now I will also not consider it wrong because he just started, but for the future when the OP has collected more bitcoin in his wallet, the OP needs to consider it so that he can be very safe from Things he doesn't want. One of them is to be the target of fraudsters when the balance is more and more, so stay calm and do not need to show it excessively.
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Suzume
Member
Offline
Activity: 378
Merit: 26
Be Happy ☺️
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December 09, 2023, 02:27:03 PM |
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Congratulations buddy it's a dream to the all crypto lover's for invest in bitcoin. It's a dream of new investors. We all know that the fast investment is not easy for the new investors. They have to thik they have to learn thay have to prepare their mentality for taking risk. You pass all the staples the next investment's is not that much hard for you. Because you pass all the staples easyly when people stuck.
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BitcoinTurk
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December 10, 2023, 07:02:42 AM |
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First of all, congratulations on making your first Bitcoin purchase. Buying your first Bitcoin will be a great experience for you especially in these days when the market is very active and volatile because you can learn whether to act by controlling your emotions or not in such active and volatile market conditions. Additionally, based on the screenshot, I have a suggestion for you:
Although the investment amount varies from person to person, I think this amount is not too low especially for the first cryptocurrency investment. For this reason, I will recommend you to create a cold or hot Bitcoin wallet for yourself and store your current/future Bitcoin savings there.
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