Finally I did it (I am happy to join).

[wallet4bitcoin]

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.
on this thread, 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.

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.

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.

I congratulate you on the purchase of your first Bitcoin! This is obviously the begining of your investment in the digital space, as you grow, you will notice more avenues to invest and it will also expose you to most of the events in the space.

Try to make it a constant thing to invest in digital assets, its never a waste and it exposes you to a whole lot of possibilities.

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[CarnagexD]

Congratulations on the purchase, I do hope that you're one of those people are going to commit to what they're planning to do because if you're planning to hodl, it's going to be up to you if it's a rough ride or a smooth ride because there will be times in the market that the price you're seeing isn't favorable and you feel like you're panicking and you want to get out to cut your losses, that's one of the times that's going to decide if you're choosing what ride in your bitcoin journey you're going to be in. I do hope that you go for the smooth ride because that's literally the easiest way, just buy bitcoin and hodl and forget about it, if there's a FUD, don't think about it.

[TimeTeller]

Congratulations on the purchase, I do hope that you're one of those people are going to commit to what they're planning to do because if you're planning to hodl, it's going to be up to you if it's a rough ride or a smooth ride because there will be times in the market that the price you're seeing isn't favorable and you feel like you're panicking and you want to get out to cut your losses, that's one of the times that's going to decide if you're choosing what ride in your bitcoin journey you're going to be in. I do hope that you go for the smooth ride because that's literally the easiest way, just buy bitcoin and hodl and forget about it, if there's a FUD, don't think about it.

If your belief here is not that strong, you can easily be disappointed if the market is not as what you expect.
But since the OP already bought some, he will be more attentive with the market as well as this community in general.
Panic wont do any good if in case he will see the price going down a lil bit from his buying price.

[SamReomo]

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.

Yeah, sending your Bitcoin into your own personal wallet is the best choice as those exchange's wallet isn't safe because they can have any rules anytime. Currently Bitcoin fees are still low and you can easily send those Bitcoin into your own personal wallet but you should be careful during creation of your personal wallet.

I would recommend you to completely format your drives and then install a fresh copy of either Linux that's the safest operating system or Windows which ever you prefer. Once it's fully install then download Electrum and install it and then create your wallet and save your seed phrase as well your private key. Once you successfully deposit your Bitcoin into your own personal wallet then you should disconnect the system from internet where you installed Electrum for best security.

[Z390]

It's great to see you been motivated by members of this forum, that's great but my main concern now is your security smarteness, are you capable of keeping your Bitcoin in a non-custodial wallet all by yourself? Have you done the rightful research on the right wallets to use? It will be a shame to spend a lot on Bitcoin investments only to watch your wallet get rug pulled by scammers. So I advice you to trend careful from here on, make sure you use a better Bitcoin wallet to store you Bitcoin.
What I always advice newbies to do first before buying Bitcoin is to do research on how to keep their Bitcoin safe and depending on how much money they have they should always consider a hardware wallet first, Electrum wallet is a good choice if they don't have the money, but seriously if you can afford to spend money on Bitcoin you should really consider a hardware wallet.

[Makus]

It gives me joy seeing that, you are growing from learning about Bitcoin to buying some set of Satoshi. Its a good start in your accumulation journey, I just hope you continue us DCA to accumulate for now, so that your accumulation will not bring any sudden and obvious change to your financial activity. Using electrum wallet is the best option for safe keeping your coins, I'll also  want you to keep you private key and your mnemonic seed in a safe, like a water proof and a fire prove safe so that in times of emergencies, like natural disasters your coins would still be safe.

[Ben Barubal]

It gives me joy seeing that, you are growing from learning about Bitcoin to buying some set of Satoshi. Its a good start in your accumulation journey, I just hope you continue us DCA to accumulate for now, so that your accumulation will not bring any sudden and obvious change to your financial activity. Using electrum wallet is the best option for safe keeping your coins, I'll also  want you to keep you private key and your mnemonic seed in a safe, like a water proof and a fire prove safe so that in times of emergencies, like natural disasters your coins would still be safe.

  Yes, that's right, as long as he always updates his electrum from time to time when it notifies his apps on the desktop. He also took a good step to start DCA in Bitcoin. If the source of income that he gets monthly is large and it is more than his expenses, then I think that is fine.

    If so, it would be good to continue with that and not sell until there is no bull run taking place, so that he can make a big profit in the future, of course.

[DeathAngel]

Glad you are now involved in our crazy world OP. Now you’ve got started investing in Bitcoin you won't want to stop. Once you go down the rabbit hole you won’t want to come back up. Keep buying regularly to protect yourself against inflation & government control. Self sovereignty is the way forward.

[Agbamoni]

Welcome onboard brother. I know how you feel on your first Bitcoin. There is this euphoria feeling and i can relate with that. By now i think you may have made your decision if you want to be a trader or investor. I am saying this because it is good you know which side your entering as there are advantages and disadvantages in each side. Both of them are risky and you need to be prepared to bear the risks that are involved. Goodluck to this journey

[rachael9385]

I am always happy to see people join the crypto world, don't regret it op for not investing early as you ones planned it, sometimes, things change and most time it changes for good and still bad but this is a good one as you have taken your decision to invest into Bitcoin now.
To me, I don't think anytime is late for an investor to join bit hard investment. So, congratulations on your very first purchase of Bitcoin as it is not a small amount you start with.
However it is safer to start with an amount of money that will not affect you in the future to come, as you can make use of the DCAing strategy, it will help you to maintain a particular standard of amount that you can be able to buy Bitcoin weekly or monthly as long as it will not affect you.

[Su-asa]

@Makus
@Darker45
@tabas
@LogitechMouse
@The Cryptovator
@odohu

It wasn't an easy task to invest in Bitcoin as it was my first time to deal with anything that had to do with cryptocurrencies. I have been hearing about Bitcoin and other cryptocurrencies, but back then I didn't put much interest in them. I wish I had invested then when I heard about Bitcoin on the very first day.

However, I believe this is just a start. That is why I have invested over 1.7 million naira in Bitcoin. With time, I will add more money to my investment and I have promised myself to hold my coins for a long term without selling a piece of them.

The advice of everyone on this forum has helped me as I have been benefiting a little. I haven't benefitted anything from Bitcoin yet, but I have gained some knowledge about cryptocurrency and how I can get as much as I want, only if I hold on for the long term. Thanks to everyone for your advice.

[Odohu]

@Makus
@Darker45
@tabas
@LogitechMouse
@The Cryptovator
@odohu

It wasn't an easy task to invest in Bitcoin as it was my first time to deal with anything that had to do with cryptocurrencies. I have been hearing about Bitcoin and other cryptocurrencies, but back then I didn't put much interest in them. I wish I had invested then when I heard about Bitcoin on the very first day.

However, I believe this is just a start. That is why I have invested over 1.7 million naira in Bitcoin. With time, I will add more money to my investment and I have promised myself to hold my coins for a long term without selling a piece of them.

The advice of everyone on this forum has helped me as I have been benefiting a little. I haven't benefitted anything from Bitcoin yet, but I have gained some knowledge about cryptocurrency and how I can get as much as I want, only if I hold on for the long term. Thanks to everyone for your advice.

I'm happy for you on this bold step and I say congratulations. You have put to practice òur discussion in various threads regarding Bitcoin accumulation especially now that price is still very low.

I will like to know if you are adopting the DCA method that @JayJuanGee did excellent job at explaining or this is just a one off buy pending when you also have more funds. Personally, I have been using the former and the results have been incredible. 

[bounceback]

I'm also happy when seeing some one have invested in Bitcoin and get first experienced how excited become investor of bitcoin, congrats OP for the first time you invested in bitcoin and I think is huge amount because my first investing under $50. You have smart ideas when profitable earn from business use for accumulating in bitcoin will give an opportunity with much profitable earn the future how bitcoin price keep increasing up in the future.
Both your business as bolt business and investing will be passive income every time, you can comparison with the early month invested in bitcoin and current price have been up maybe you earned few percent profitable than hold money in the bank without get benefit with increasing values yet.

[Mr.suevie]

That's some huge amount you started with and a really bold step, congratulations on your purchase and although the market have started looking bullish, it's still not a bad time to buy because there is hope that the price will pump up even further and if you continue the purchase and hold it till the next ATH then i think everyone would agree that your profit would be tangible enough for you to at least sell off a portion of the investment.

[Makus]

Op ones again congratulation on your accumulation journey, I can see that you have topped up your first accumulation to a more advanced level, that Is a great step you took back there ... 1.7 million naira is a huge sum of money even if it is not close to half of a bitcoin, but I believe some day you would arrive there, it gives me joy knowing that you have learnt enough and have started putting those learning into practice, not every person have this courage to buy bitcoin at this level. Just as JayJuangee would always advise that you start your bitcoin accumulation as soon as possible, the regret you have should be a thing of the past and you should focus on the future by, becoming more aggressive in your accumulation.

[Darker45]

I haven't benefitted anything from Bitcoin yet...

No, I think the very moment you converted your naira savings to Bitcoin you've already benefited from it. The benefit one can get from Bitcoin isn't just more money. That's probably what's running in the minds of the majority who get into Bitcoin, but that's not just it. Bitcoin is much more important than its fiat equivalent. It's funny but true that many of us believe and preach that Bitcoin is one way to escape the decaying fiat but the reality is that the main motive has always been to accumulate more fiat and Bitcoin is just a great tool for it.

[Baki202]

Op ones again congratulation on your accumulation journey, I can see that you have topped up your first accumulation to a more advanced level, that Is a great step you took back there ... 1.7 million naira is a huge sum of money even if it is not close to half of a bitcoin, but I believe some day you would arrive there, it gives me joy knowing that you have learnt enough and have started putting those learning into practice, not every person have this courage to buy bitcoin at this level. Just as JayJuangee would always advise that you start your bitcoin accumulation as soon as possible, the regret you have should be a thing of the past and you should focus on the future by, becoming more aggressive in your accumulation.

A huge congrats to Op as well. Building wealth during this time is no joke life alone entails a variety of duties. Despite this, Op remained resolute in his pursuit of building wealth in order to achieve his intended outcome. Additionally, putting in such a large sum of money demonstrates his seriousness and sincere desire for a high return. Every trip begins with a single step, which is ideally the first of many that will come. Op has already drafted out how he wants everything to go because he does not want to loose the money he has invested one of the purpose of investment is to make money. Starting your bitcoin journey at earliest moment can be the best decision to have ever made .

[mirakal]

Congratulations on your first bitcoin investment. Know that your decision to finally purchase bitcoin is one of the best decisions you have ever made, and I should say this is not the first and last, as opportunities will keep knocking on your door so you can continue buying bitcoin and continue with DCA to maximize your bitcoin investment. While bitcoin is a high-risk asset, so learn to invest in it with caution.

I know it's hard to save this time to finally purchase bitcoin due to high inflation, but if you are really determined on your goal, you will exert a lot of efforts to achieve it and make it real.

[JoyMarsha]

The positive aspect of your post is that you received your first Bitcoin, which is commendable. I want to also hear from you in a few years when you will share the story of how the $1,445 invested in bitcoin when it was at the price of $43,491 has made you rich in the future.

My advice to you as of now is to stick to hodling and apply a DCA strategy while investing in bitcoin. Remember that with bitcoin, not with altcoins, the future is always bright.

[fillippone]

With the names above, I was so encouraged to buy Bitcoin and hold it for a long term.

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.

“The best moment to buy Bitcoin was yesterday.
The second best moment to buy Bitcoin is now.”

Congratulations on your investment.
You are now part of us bitcoiner.
Soon you will realize how early you bought.
You did the first step toward financial sovereignty, and many other will follow!