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

[Raflesia]

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.

Most of the new people still have a large level of anxiety and indeed I agree with what you said because new people sometimes prefer to pay attention and see some speculations made by influencers or those who have been in crypto for longer than taking their own actions and taking action for their first steps so in this case there really needs to be appreciation for anyone who does not talk too much when they are sure they are directly in bitcoin with the provision of learning and research done before.

New people should indeed do brave things for the first step regardless of the price which has now shown an increase when compared to the previous few months but this should still be done because waiting for the decline to occur again I don't think it's the right thing to do at this time because surely it takes longer.
Even if the choice is good, I think it will waste time because what they learn in the end is only theory without daring to jump directly as a form of action from what should have been done from the start.

[1714756124]

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[abel1337]

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.

Most of the new people still have a large level of anxiety and indeed I agree with what you said because new people sometimes prefer to pay attention and see some speculations made by influencers or those who have been in crypto for longer than taking their own actions and taking action for their first steps so in this case there really needs to be appreciation for anyone who does not talk too much when they are sure they are directly in bitcoin with the provision of learning and research done before.

New people should indeed do brave things for the first step regardless of the price which has now shown an increase when compared to the previous few months but this should still be done because waiting for the decline to occur again I don't think it's the right thing to do at this time because surely it takes longer.
Even if the choice is good, I think it will waste time because what they learn in the end is only theory without daring to jump directly as a form of action from what should have been done from the start.

I guess it's normal for everyone given that they don't have the experience of diving into bitcoin and just only rely on people opinions and speculations. Investing into crypto needs some money and the risk of losing that money is the cause of their anxiety. Though, it can be reduced with a sufficient knowledge about bitcoin and how it performed in the past years.

My advice to newbie is not to listen to those influencers first, I believe that gaining the knowledge by yourself by doing a research is the one that will make you confident enough to make the first move into investing. I can't deny that there's a good influencers out there but from what I am seeing, I think that majority of the influencers I see is just hyping, paid or has no care about there followers. In fact, some of them are just in the crypto space last bull market which makes it insane.

[Obari]

Whoever gave you the advise of buying buying at this time did you well and I’m actually applauding your efforts and I hope they get crowned with success.
I tried converting the rate of BTC to usd as at your purchase day and it seems you bought almost $1500 worth of BTC and that’s a lot of money in my local currency and I want to advise that you try as much as possible to hold for much more longer time and definitely you’ve have more reasons to smile.
Cheers.

[philipma1957]

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.

who the fuck is step works?

[Renampun]

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.

It's certain that OP was inspired to invest in Bitcoin by the member whose name was mentioned. Apart from that, my opinion is also correct, never invest in Bitcoin because of FOMO, the results will definitely not be good, but if OP is a consistent person then I'm sure it will be difficult for him to make a loss, investing in Bitcoin is not difficult, as long as we believe in Bitcoin and target long-term investment, our investment in Bitcoin will not be a loss.
discipline - having a job that supports daily habits - a healthy environment - being patient in investing in bitcoin is something that people who are successful in investing in bitcoin always do.

[Asuspawer09]

Well, congrats on your first purchase, for sure it wasn't the best price to buy since the market kinds skyrocketed from around 20k$ but in my opinion, there were no better time to buy Bitcoin, so the best strategy is just to go Dollar Cost Average, buying Bitcoin every week or every month is probably the best strategy since you could easily accumulate Bitcoin and as long as you are going to sell your Bitcoin at a higher market price your always going to make a profit in the end when you are going to sell it, there are also some option or modifications that you could do on your investment like increasing your buying lower or at the just lowering it down vice versa especially if the market price continues to drop, it is a great strategy to increase your buying power so that you could get more volume on your every purchase.

Lastly, the most important thing in investing is the mindset, personally because of cryptocurrency and Bitcoin my mindset has changed when it comes to finances and investing, all of this is just going to waste if your easily going to sell it like you just want to buy something your just gonna sell your Bitcoin i mean that I not really how investments work.

[Japinat]

Good job OP! Welcome to bitcoin investment. With bitcoin, you know it's safer and more secured rather than putting your funds into altcoins. Even though the price is quite costly, but once you see your future profits, it's always worth the wait. With bitcoin long term hodling, you know that there are massive profits waiting ahead if you only know how to manage your investment and be more patient to hold for long term.

My piece of advice is that, just continue to be positive with bitcoin regardless of its high volatility. If you have established faith, then rewards will be huge in the future.

[Blitzboy]

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.

Most of the new people still have a large level of anxiety and indeed I agree with what you said because new people sometimes prefer to pay attention and see some speculations made by influencers or those who have been in crypto for longer than taking their own actions and taking action for their first steps so in this case there really needs to be appreciation for anyone who does not talk too much when they are sure they are directly in bitcoin with the provision of learning and research done before.

New people should indeed do brave things for the first step regardless of the price which has now shown an increase when compared to the previous few months but this should still be done because waiting for the decline to occur again I don't think it's the right thing to do at this time because surely it takes longer.
Even if the choice is good, I think it will waste time because what they learn in the end is only theory without daring to jump directly as a form of action from what should have been done from the start.

Yes, it is clear that newcomers to the Bitcoin space are nervous. But I say that taking action instead of speculating is important. Cryptocurrency like Bitcoin is more than just money; its a way of thinking. People who are new should jump in, but not without thinking. Take action now instead of waiting for a price drop that might never happen. Time spent in the market is more valuable than getting in and out of it at the right time. Experience is just as important as education. Knowing things in theory but not using them in real life is like having a car but no gas; it wont get you very far. Therefore, I say, jump in. Beginnel slowly, keep learning, and let the trip happen. Bitcoin is really growing because people and their finances are changing.

[Sexylizzy2813]

Hahaha...It's not a must we make a thread about our first Bitcoin on BTCt unless we want to show off or attract attention for merits. In my cryptocurrency journey so far, what've learned that is also crucial to Bitcoin itself is privacy, even if you do not want to anonymize it, privacy is important. For instance, this is the way I view it, if I deposited $500 in my newly opened bank account, why should I be broadcasting it? If others will show off, I don't think it is wise for security and privacy concerns. So not doing it at that time even saved you as far as I am concerned because the less people know about you, the better when it comes to money.

I agree with you on what you said but some people don't really know how to keep such achievement to themselves and I believe that since nobody knows who is who on this Forum just username, that's why the OP decided to make it look like a public announcement which it is.
Fine is good to share good news but the way we take it sometimes is not how is suppose to be.
To be frank with you, I too would like to get my first BTC and start up something as the OP did, is everyone's dream especially those who are new in Bitcointalk to get their first BTC but not everyone would make a public announcement about it, safety first.

Your points are good and I always try my best not to judge all people the same way, but you know what, most of these things are not real, it's just that they do this for a main purpose, there are many of them, it's never new. I didn't give such a thought in the first place and I only tried to remind you of the core purpose of Bitcoin itself from the onset, not the way people are turning it to be these days. "Safety/privacy" first.

This is why I see it mostly out of maturity (if real) seeing people showing off the amount of Bitcoin they've purchased here, why? Also, one thing that is peculiar to the people who do this is that a lot of people give them merit for it. They now follow suit, which is the only reason I believe they broadcast this kind of private transaction, nothing else.

Nonetheless, it is a very good avenue to help one's alt grow fast.

I noticed that we have many members having this same style of making post which might not be real, and you're right with what you said. These days in the Forum is like some people have to do whatever it takes to get that attention, recognition and to top it all the merit. People can go as far as to lie to get that merit or whatever their aim is.
From what you said, I don't really believe some of these achievement we see here on the Forum. Having that amount of BTC and showing it can be true but the question to the OP is "are you the owner or you just saw it somewhere and decide to let us take a look and make it look like it's yours".
Is really hard to tell who's saying the truth on the Forum.

[tread93]

Wow this is huge and congratulations on your first bitcoin! Keep holding and stacking and always hold the long term growth vision in mind. It is quite a roller coaster to be a bitcoiner, it won't be easy but it'll be worth it!

[Makus]

I know how it must have felt buying your first ever, that feeling is more than highest. I could remember when I also bought my first set of satoshi, all guide where given to me by this forum members when I came newly, they the best I've come to see so far when it comes to help, advise and guide. They don't get paid for it but yet they give the best quality advise. However op, congratulations ones more, hope you have already started using DCA? In as much as we are in a season of celebration, it's always good never to skip your DCA for the day, week or month. Keep holding and accumulate more.

Merry Christmas

[terrific]

Wow this is huge and congratulations on your first bitcoin! Keep holding and stacking and always hold the long term growth vision in mind. It is quite a roller coaster to be a bitcoiner, it won't be easy but it'll be worth it!

Yeah, enjoy the roller coaster because this is where emotions are going to fill him but don't be moved when he's caught with that.
Congrats to OP and do more accumulation in time because when the halving comes, it's worth it that you've decided to start.

[red4slash]

That's a pretty big initial purchase OP congratulations on that but of course you also have to know that this is just the first step for you because the next step is arguably more difficult because after all, maintaining will be very much more difficult than selling and buying.
So in this case when you make a big purchase now it would be great if you can hold it for a certain period of time and it would be even better if you try to add little by little to your portfolio.

One more thing that I think is quite important because if you look at the screenshots that you shared it comes from the exchange (binance) so in this case it would be better if indeed you want to be there for a longer period of time then you should move your assets because I think it is not too safe if too long to keep bitcoin on the exchange and it would be better to store in a wallet that feels safe for yourself.

[bocyaj]

Whoever gave you the advise of buying buying at this time did you well and I’m actually applauding your efforts and I hope they get crowned with success.
I tried converting the rate of BTC to usd as at your purchase day and it seems you bought almost $1500 worth of BTC and that’s a lot of money in my local currency and I want to advise that you try as much as possible to hold for much more longer time and definitely you’ve have more reasons to smile.
Cheers.

Now the crowd was in the mind of holding,because the price of the bitcoin at the bull run.The trader who hold the bitcoin at the bull run can able to win the more dollars at the end.Since the year was beginning in few days.We need to hold the coin,So we can hold at the bull run was the brilliant move in the bull run.But many traders was behave like selling on demand at any price.They don’t know the value of bitcoin because they getting the bitcoin from the weekly payments and carelessness should be avoided.

So the bitcoin holding trader should hold like the bitcoin trader,because trading on the market should be deep analysis.So the trader only sell at the maximum value,they never sell their valuable assets at the small bull run in the market.Hold the bitcoin till next year for the more profit.

[JayJuanGee]

[edited out]

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.

You seem to be referring to some kind of need or wiseness to invest into shticoins... @wallet4bitcoin, and surely that is not true.  It is probably dumb to be wasting time to be buying any  shitcoins at all, and if you have some kind of a gambling tendency, then maybe limit your investing into shitcoins to no more than 10% the size of your bitcoin holdings.. and that might even be too much.

@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.  

To me, it sounds like OP decided to perform some kind of a lump sum and then to consider continuing to invest more into bitcoin in the future as his cashflow situation might permit.

Personally, I have nothing against lump sum investing into bitcoin from the start, yet the better practice would be to perhaps lump sum ONLY around 1/2 of the money that is immediately available, and save the other half for buying on dips, so in this case if there was around $1,400 spent on the first BTC purchase, then perhaps there would be another $1,400 for buying at various points on the way down if the BTC price were to go down, such as buy an additional $300 every time the price goes down $1,500 starting at $40,500 (or something like that).  It appears that OP made this particular purchase at around the highest price that the BTC has been in the last 20 months or so, but that still does not mean that the BTC price will correct or that the BTC price won't continue to go up from here.

Another thing that I would consider is setting up another ability to supplement the already purchase by setting up a DCA at around $50 per week for however long that it takes to reach whatever level of investment that is being targeted (whether that takes 4-10 years or longer or some other timeline that OP might have in mind), and maybe figuring out if there might be ways to increase the DCA amount by increasing income and/or decreasing expenses.   And, I am referring to $50 per week based on the amount that was already invested, since after 6 months, the DCA amount $50 per week would add up to nearly equal to the amount already invested in the $1,400 lump sum.  

In regards to the moving of the funds to a private wallet, I would not necessarily move $50 per week, but I would probably let it get up to around $500 to $1k before I would transfer it to a private wallet, since our latest in fees shows that it is better to attempt to practice better UTXO hygiene, and I think that it is better to keep UTXOs to $500 to $1k or more rather than having a bunch of small UTXOs.

As far as a private hardwarewallet.. sure there are ways to make electrum secure, but I am still nervous about those kinds of computer based wallets, and I am thinking that if you are able to get your hands on a decent hardware wallet (not talking about Ledger), then once your BTC are valued over $1k (which yours already are) then it seems to be necessary to start considering getting a hardware wallet.. and the more your value goes up, probably the more it is justified to consider some kind of hardware wallet.  This site is pretty decent in rating the hardware wallets, and this Athena site has a broader list of hardware wallet features and shows their methodology for rating wallets. Bitcoinhole has a lot of wallet details too.

No one can tell anyone else how to invest, but we can tell each other what we believe to be good and/or better practices, and we can agree to disagree regarding if any kinds of supplemental practices are necessary in terms of ways to accumulate BTC, whether referring to a brand new bitcoiner or someone who has been into bitcoin for a while, and the case of the brand new bitcoiner is a bit more clear of a case, because he is starting from zero, but still we do not know his various particulars such as his timeline or his risk tolerance or his cashflow and expenses or if he might have some other investments, besides bitcoin.

Edit: I am just referring to your opening post in your earlier thread in which you announced that you were planning to DCA $50 per month, which would have had been right around 16% of your $300 per month salary/income.  So in other words, if this whole thing is true that you had $1,450 saved up so that you would be able to lump sum invest, you likely overinvested into bitcoin (which is largely gambling) because you likely seem to have no plan for down (besides HODL, perhaps), and you may well take more than 2 years to be able to match the amount that you already lump sum invested if you were to still be able to invest $50 per month.. and your numbers don't even really add up to appear as a very reasonable way to invest into bitcoin.... and then why would there even be a need to create a new thread in order to talk about this actual lump sum purchase rather than just posting in the original thread

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.

How are you going to know it is a ATH?  You mean selling at $69k?  That would be dumb.

Can you imagine working up to have a long term investment in bitcoin and then you sell the next time that bitcoin reaches an ATH, and then you are left with nothing but an extra 2x in fiat...

Consider the people who sold their whole BTC stash at various previous ATHs of $1,163 in early 2017 or at $20k in late 2020?.. sure this particular time, in 2022, the BTC price did correct back below $20k again, but that seemed to have had been a bit of a fluke, and still had to wait a couple of years, and seems like selling way too early to have sold in late 2020 merely because BTC price got up to $20k again... but yeah, guys can do what they like, even dumb things of selling too much BTC too early and then not having any certain places in which to buy back their BTC at a lower price, if that were to be the goals of someone who might have had already decided to engage in long term accumulation of BTC...then why sell in order to accumulate BTC, unless you are a gambler and you enjoy purposefully putting yourself through the stress of no longer being in BTC accumulation mode.

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.”

This is already enough to answer or explain why buying Bitcoin or be interested in Bitcoin is not late or in short, there's no time as being late. I definitely agree with this even though I said it myself and many people are also saying it to others. I think this may be included or considered as the third best moment to buy Bitcoin is tomorrow or it could be in the future. Well, It's because some people doesn't have money for now and are waiting for their money like salary or other means of earning money.

The point still remains to buy as much bitcoin as you can as soon as you can, and the mere fact that you start to buy bitcoin does not mean that you are going to have enough, and having enough is a work in progress that you are ONLY going to reach if you start to buy and you are fairly persistent, consistent, regular and aggressive about it.. as aggressive as you are able to be given your personal circumstances, and if you do not earn any money and you are a student, then you might really struggle to buy bitcoin, and you might be disadvantaged by your delaying in the buying of bitcoin, even though I do agree with idea of investing in yourself and learning how to learn and the kinds of things that can be learned in schools (or universities), even though there may also be ways to do both.. be a student and also to figure out ways to buy and/or earn bitcoin...and so yeah some of those are personal choices that might relate to where anyone happens to be at in the current stage of their life.

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.”

This is already enough to answer or explain why buying Bitcoin or be interested in Bitcoin is not late or in short, there's no time as being late. I definitely agree with this even though I said it myself and many people are also saying it to others. I think this may be included or considered as the third best moment to buy Bitcoin is tomorrow or it could be in the future. Well, It's because some people doesn't have money for now and are waiting for their money like salary or other means of earning money.

Exactly, many newbies in investing in bitcoin or wanting to invest in bitcoin become too wary about whether they are too late or if it is too late for them to invest as the price of bitcoin is high. Their mindset is like they want to buy 1 BTC right away, which is not a good idea. If you can't buy 1 bitcoin, then buy a fraction of bitcoin, or what we call "satoshi." There are a lot of ways to earn bitcoin through the use of its fraction. Newbies don't have to buy 1 BTC right away; you can buy based on your capabilities. So it's never too late to invest in bitcoin. Do trading in that way, and you can grow your bitcoin if you have the necessary knowledge, skills, and experience in trading. And remember, bitcoin is a long-term investment, so newbies in bitcoin should be ready for a long wait.

You said a lot of smart things about bitcoin @Assface16678, until you mentioned trading.

Trading is not necessary to learn or to practice when it comes to investing time, money and energies into bitcoin.  Fuck trading.  It is not necessary, even if some folks might choose to engage in such trading/gambling practices, which might work against their abilities to actually accumulate bitcoin in a meaningful, consistent, persistent and aggressive way (be as aggressive as you are able to be without recking yourself).

Better late than never.
0.033 is already a nice amount these days, not everybody has 1400$ in crypto.

You can see that as a start only and hopefully some day you can call yourself the proud own of 100% of a bitcoin.

The road seems to be long but we have time.

What's the long term target? You have anything in mind?

It is not necessary to own a whole bitcoin.

Each person should invest in accordance with his abilities, and sure attempt to get as many bitcoin as you are able to get, up to a point... so OP has gotten to 3.3 million satoshis, and the next goal might be to get to 10 million satoshis, and then the next goal to get to 21 million satoshis, and then maybe to half of a bitcoin, etc etc etc.. and some people might not be able to reach a whole bitcoin, even if they started investing at $100 per week, they would invest $5,200 after a year and $52k after 10 years, and that still might not add up to a whole bitcoin.  Point is to do what you can, and sure be aggressive if you are able to be, and you likely need to aspire in stages and goals that are realistic and reachable.

[Makus]

I always find wisdom in your writings, no wonder I don't get bored while reading your lengthy posts. I have come arose some person here in this forum that thinks, the main purpose of investment is achieved when you have at least 1full coin, rather than having smaller denominations of that coin. This is the one of the reason we find people investing in altcoins rather than Bitcoin, they think bitcoin investment is already too expensive to accumulate a whole bitcoin. However they are wrong but if accumulating a whole bitcoin is what they want, then they need to become more aggressive than ever, but they should also consider investing based on their financial income and earnings, so that they'll not do more than their capacity, then latter fall back to their investment.

Thanks Mr JayJuanGee , you're #my biggest Inspiration.

[348Judah]

[edited out]

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.

You seem to be referring to some kind of need or wiseness to invest into shticoins... @wallet4bitcoin, and surely that is not true.  It is probably dumb to be wasting time to be buying any  shitcoins at all, and if you have some kind of a gambling tendency, then maybe limit your investing into shitcoins to no more than 10% the size of your bitcoin holdings.. and that might even be too much.

Getting exposure is not when you're sleeping under a roof with fire on it, thay is obviously risk taking, considering what is as devastating as shitcoins for an investment is nothing but taking risk, if we are Investing, we must know that bitcoin is the cryptocurrency that we can have rest of mind in with it's Investment that will create no FOMO, the funny thing we have to remind ourselves about is that none of these shitcoins will first appear to is as being shit, they will make some weird performance to trick us for their short time profitability and then we make an investment in them.

Hahaha...It's not a must we make a thread about our first Bitcoin on BTCt unless we want to show off or attract attention for merits. In my cryptocurrency journey so far, what've learned that is also crucial to Bitcoin itself is privacy, even if you do not want to anonymize it, privacy is important. For instance, this is the way I view it, if I deposited $500 in my newly opened bank account, why should I be broadcasting it? If others will show off, I don't think it is wise for security and privacy concerns. So not doing it at that time even saved you as far as I am concerned because the less people know about you, the better when it comes to money.

I agree with you on what you said but some people don't really know how to keep such achievement to themselves and I believe that since nobody knows who is who on this Forum just username, that's why the OP decided to make it look like a public announcement which it is.
Fine is good to share good news but the way we take it sometimes is not how is suppose to be.
To be frank with you, I too would like to get my first BTC and start up something as the OP did, is everyone's dream especially those who are new in Bitcointalk to get their first BTC but not everyone would make a public announcement about it, safety first.

Your points are good and I always try my best not to judge all people the same way, but you know what, most of these things are not real, it's just that they do this for a main purpose, there are many of them, it's never new. I didn't give such a thought in the first place and I only tried to remind you of the core purpose of Bitcoin itself from the onset, not the way people are turning it to be these days. "Safety/privacy" first.

This is why I see it mostly out of maturity (if real) seeing people showing off the amount of Bitcoin they've purchased here, why? Also, one thing that is peculiar to the people who do this is that a lot of people give them merit for it. They now follow suit, which is the only reason I believe they broadcast this kind of private transaction, nothing else.

Nonetheless, it is a very good avenue to help one's alt grow fast.

I noticed that we have many members having this same style of making post which might not be real, and you're right with what you said. These days in the Forum is like some people have to do whatever it takes to get that attention, recognition and to top it all the merit. People can go as far as to lie to get that merit or whatever their aim is.
From what you said, I don't really believe some of these achievement we see here on the Forum. Having that amount of BTC and showing it can be true but the question to the OP is "are you the owner or you just saw it somewhere and decide to let us take a look and make it look like it's yours".
Is really hard to tell who's saying the truth on the Forum.

You guys were all right, it's not everyone making an investment thst may have to come come onboard to share their achievement to the whole world just for making bitcoin Investment, instead i think this is another stage to pick up the challenge in learning many things required to Know for an investor, taking advantage in learning, knowing the security measures to take and what kind of wallets are best recommendable for their use, investing is not the end to the road map of having a successful acheivements will bitcoin, instead OP is just getting started.

[rodskee]

Imagine you are holding more than how much i gather over the years  well   i must 
admit that I have spent almost every coins I hold when pandemic happens when the world stops
and the work ends for couple of years and i have nothing to spend but my Holdings and that
sadden me though yes I am gathering much now as i started gaining again in the last 6 months.

Wow this is huge and congratulations on your first bitcoin! Keep holding and stacking and always hold the long term growth vision in mind. It is quite a roller coaster to be a bitcoiner, it won't be easy but it'll be worth it!

yeah she is someone that we need to congratulate because as a starter she already have
that huge amount more than how much many of us has now lol.

[Lida93]

[edited out]

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.

You seem to be referring to some kind of need or wiseness to invest into shticoins... @wallet4bitcoin, and surely that is not true.  It is probably dumb to be wasting time to be buying any  shitcoins at all, and if you have some kind of a gambling tendency, then maybe limit your investing into shitcoins to no more than 10% the size of your bitcoin holdings.. and that might even be too much.

Anyone with a gambling tendency who's also investing in shitcoins is practically double his risks because shitcoins are no different with gambling... And I'll prefer sticking to actually gambling only after investing in bitcoin which is the real deal, instead of adding shitcoins in spite of the % used addition to the gambling risks increasing your potential losses.

Better late than never.
0.033 is already a nice amount these days, not everybody has 1400$ in crypto.

You can see that as a start only and hopefully some day you can call yourself the proud own of 100% of a bitcoin.

The road seems to be long but we have time.

What's the long term target? You have anything in mind?

It is not necessary to own a whole bitcoin.

Each person should invest in accordance with his abilities, and sure attempt to get as many bitcoin as you are able to get, up to a point... so OP has gotten to 3.3 million satoshis, and the next goal might be to get to 10 million satoshis, and then the next goal to get to 21 million satoshis, and then maybe to half of a bitcoin, etc etc etc.. and some people might not be able to reach a whole bitcoin, even if they started investing at $100 per week, they would invest $5,200 after a year and $52k after 10 years, and that still might not add up to a whole bitcoin.  Point is to do what you can, and sure be aggressive if you are able to be, and you likely need to aspire in stages and goals that are realistic and reachable.

Newbies should know that there is definitely no competition with the owning of bitcoin as it can only lead to an unhealthy competition with investor's investing beyond what they can afford to lose because they are racing to meet up with someone else they are competing against whereas their income flow is nothing compared to who they might be racing with. AFAIK, the only competition that exists with bitcoin investors is the competition against any potential challenges that may arise along the way to hamper the investor's initial long term investment plan forcing to sell at a loss. That where your competition lies and one potent way to win is having multiple income source stead of a single.

[jeraldskie11]

[edited out]

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.

You seem to be referring to some kind of need or wiseness to invest into shticoins... @wallet4bitcoin, and surely that is not true.  It is probably dumb to be wasting time to be buying any  shitcoins at all, and if you have some kind of a gambling tendency, then maybe limit your investing into shitcoins to no more than 10% the size of your bitcoin holdings.. and that might even be too much.

Anyone with a gambling tendency who's also investing in shitcoins is practically double his risks because shitcoins are no different with gambling... And I'll prefer sticking to actually gambling only after investing in bitcoin which is the real deal, instead of adding shitcoins in spite of the % used addition to the gambling risks increasing your potential losses.

For me, there is no difference between investing in shitcoins and gambling; they both carry the same level of risk. There are those who excel at both gambling and investing in shitcoins. But, if I had to pick, I would rather invest in shitcoins than gamble since you can reduce risk by having a strategy that increases the probability of success. If the investor is a novice, I recommend that they avoid shitcoins since they will end up liquidating their assets.