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Author Topic: All thanks to my family they contributed and bought bitcoin for me  (Read 614 times)
peter0425
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December 20, 2023, 06:13:02 AM
 #81

I don't want the year to come to an end without having any Bitcoin. I have seen a lot of people here talking about their bitcoins and how their investments are going. The thing that gets me depressed the most is when I hear about the halving next year and how bitcoin prices may be influenced positively. I wish i could just have some amount of Bitcoin. However, seeing the price of bitcoin now i became restless if the price will soon go higher and i may not afford it. So i pleaded with my parents if they could support me. Seeing how curious i am they helped me with some amount in my local currency so i used it to buy Bitcoin. Help me thank them for what they have done for me. Am so happy right now.



This is the amount in my local currency i believe it will get me up to 90 dollars of bitcoin. I am waiting for my friend who will help me buy it by the weekend.

Thank you mom, Thank you dad. And thank you Bitcointalk.
you are a lucky man having a supportive family , but why equivalent to 90 dollars only? haven't you completely convinced them about the goodness of Bitcoin investing?
maybe best to  try encouraging them to invest as well so they will never regrets one you reached the top , you will be with them all the way.









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December 20, 2023, 08:55:03 AM
 #82

I don't want the year to come to an end without having any Bitcoin. I have seen a lot of people here talking about their bitcoins and how their investments are going. The thing that gets me depressed the most is when I hear about the halving next year and how bitcoin prices may be influenced positively. I wish i could just have some amount of Bitcoin. However, seeing the price of bitcoin now i became restless if the price will soon go higher and i may not afford it. So i pleaded with my parents if they could support me. Seeing how curious i am they helped me with some amount in my local currency so i used it to buy Bitcoin. Help me thank them for what they have done for me. Am so happy right now.



This is the amount in my local currency i believe it will get me up to 90 dollars of bitcoin. I am waiting for my friend who will help me buy it by the weekend.

Thank you mom, Thank you dad. And thank you Bitcointalk.

Wow, that's great of your parents. At least one of them is always supportive of your movement. If it were just other parents, I doubt they would even consider listening to you when you ask for money to invest in bitcoin. I assume your parents are aware of bitcoin as well. Since bitcoin is not the type of investment where you will see a profit or gain over time, some parents may give you money and then expect you to use it to improve your life after a few days.

Additionally, you shouldn't let other people's comments about bitcoin make you feel depressed because, based on how you sound, you should learn more about it before rushing into it. Also, if your friend bought bitcoin for you, did you really trust them? that since you might wake up one day and discover that you were duped, your friend shouldn't have access to your wallet.

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bitzizzix
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December 20, 2023, 09:18:36 AM
 #83

I don't want the year to come to an end without having any Bitcoin. I have seen a lot of people here talking about their bitcoins and how their investments are going. The thing that gets me depressed the most is when I hear about the halving next year and how bitcoin prices may be influenced positively. I wish i could just have some amount of Bitcoin. However, seeing the price of bitcoin now i became restless if the price will soon go higher and i may not afford it. So i pleaded with my parents if they could support me. Seeing how curious i am they helped me with some amount in my local currency so i used it to buy Bitcoin. Help me thank them for what they have done for me. Am so happy right now.



This is the amount in my local currency i believe it will get me up to 90 dollars of bitcoin. I am waiting for my friend who will help me buy it by the weekend.

Thank you mom, Thank you dad. And thank you Bitcointalk.
you are a lucky man having a supportive family , but why equivalent to 90 dollars only? haven't you completely convinced them about the goodness of Bitcoin investing?
maybe best to  try encouraging them to invest as well so they will never regrets one you reached the top , you will be with them all the way.
Yes, OP is very lucky because most people buy Bitcoin with their own hard work, and OP has a family who supports him and even gives him extra money to be able to buy Bitcoin.
But my question is how do they do this because they also need a basic understanding and knowledge of Bitcoin that makes them want to do it. If they already know the risks and know and understand Bitcoin, that's great. Because they won't help you buy just once, and it's best for you and your family to do it periodically according to your and their abilities and that's much better. And you and your family will enjoy huge profits in the future, so you have to do it in the long term and also have to do it patiently to reach the highest price of Bitcoin to get satisfying profits.

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December 20, 2023, 09:32:56 AM
 #84

This is the amount in my local currency i believe it will get me up to 90 dollars of bitcoin. I am waiting for my friend who will help me buy it by the weekend.
So you haven't bought it yet?, and with a small amount of money the longer you wait to buy it is very likely that you will buy it at a higher price than today, and it's strange enough that you are very excited to have Bitcoin but need the help of your friends to buy it because you should you can do it yourself.
Hopefully, you don't think that with $90 you can get thousands of dollars in profit next year because thinking next year is a prediction of Bitcoin reaching the latest ATH, because investing in Bitcoin is not a way to get rich quickly but everything requires a process, the profit you get will depend on the money to invest to buy and also how patiently you save the Bitcoin.

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December 20, 2023, 06:29:25 PM
 #85

Thats great that you become successful in buying Bitcoin but your dream will come true if you become successful in making profit with the help of it. The Big support which your family provided for you is appreciable I think that you have bought Bitcoin at an accurate timing which will provide you more success in coming halving.

 I want to say that you should not buy bitcoin before three or four months of halving but we have to buy Bitcoin years ago so when these four years of duration will passed then the price of upcoming halving will be more than the previous halving so our profit will also be maximum.

People are accumulating Bitcoin in such a way that they are in thoughts that this halving is the last halving but actually halving occur after every four years so if you want to take benefit from Bitcoin then start accumulating before halving and sell during halving an after the passing of halving you can also buy some more in reduce price.



 

 

 

 

 

 


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December 20, 2023, 06:42:37 PM
 #86

I don't want the year to come to an end without having any Bitcoin. I have seen a lot of people here talking about their bitcoins and how their investments are going. The thing that gets me depressed the most is when I hear about the halving next year and how bitcoin prices may be influenced positively. I wish i could just have some amount of Bitcoin. However, seeing the price of bitcoin now i became restless if the price will soon go higher and i may not afford it. So i pleaded with my parents if they could support me. Seeing how curious i am they helped me with some amount in my local currency so i used it to buy Bitcoin. Help me thank them for what they have done for me. Am so happy right now.

---

This is the amount in my local currency i believe it will get me up to 90 dollars of bitcoin. I am waiting for my friend who will help me buy it by the weekend.

Thank you mom, Thank you dad. And thank you Bitcointalk.
Just continue on what you are planning mate because we are really just that still approaching that halving event and if you are really that aiming for long term then its a good decision that you would really be trying out to accumulate as early as you could but of course you should not expect that much and i do anticipate that you havent still be able to experience those crashes and dips on which it would really be just that a normal experience that you would met up along the way. Make yourself that sturdy and emotionally stable because usually on noobs on which on the time that they would seeing their portfolio in reds then they would really be that tending to cut losses and this is something that must be avoided.

In overall, you shouldnt really that make yourself that easily panic on the  time that you do see reds on which it is really just that normal. If you are aiming for long term then accumulate as much as you could
but consider out on having that DCA if ever the price drops so that you would really be having that possible maximum profitability but if this is something that a bit technical
for you then just simply buy and hold for long term.
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December 20, 2023, 07:12:36 PM
 #87

Bitcoin shouldn't be an object that will put you in depression just because the next half is around the corner,  just know that Bitcoin is still at its early stage and just getting to widespread adoption with still low percentage of the general public being aware of Bitcoin, so for sure,  there will be multiple chances to always get into Bitcoin at every discounted opportunities along the way,  many time we failed to note that and tend to push ourselves so much to acquire the largest sum or even declaring that we already lost out on the discounted bitcoin price and that why some people make statements such as bitcoin is already expensive.

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December 21, 2023, 03:41:39 AM
 #88

We are at the end of 2023 but what awaits us in 2024 none of us can say for sure. In other years the market is slightly dumping from the beginning to the mid-term. Perhaps, considering the past, you have an idea that the market will dump again in the mid-2024 period. It is only probability and there is no guarantee so the market can go in any direction. The market can go in any direction at any time, as you fear the market will go down in the middle of 2024, I think it will not take much time for the market to go down, the market can go down in less time. But don't be harassed by such rumours, have faith in your investment, surely something good is waiting ahead.

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wxa7115
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December 21, 2023, 04:00:44 AM
 #89

Bitcoin shouldn't be an object that will put you in depression just because the next half is around the corner,  just know that Bitcoin is still at its early stage and just getting to widespread adoption with still low percentage of the general public being aware of Bitcoin, so for sure,  there will be multiple chances to always get into Bitcoin at every discounted opportunities along the way,  many time we failed to note that and tend to push ourselves so much to acquire the largest sum or even declaring that we already lost out on the discounted bitcoin price and that why some people make statements such as bitcoin is already expensive.


We also need to take into account that even if institutional investors have accumulated a lot of coins already, it seems to me this is a move that only a minority of them did, so if this changes and more of those investors come to this market then the price could reach levels we may have not thought possible to appear so soon.

So it is a mistake to think that an opportunity has been missed, when in fact there is still a lot of room for bitcoin to grow in terms of adoption and when it comes to is price as well.

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December 21, 2023, 04:23:02 AM
 #90

You do have not to worry about whether Bitcoin will be available next year. Bitcoin will be available for you at every stage and will never stop as per my thoughts because of the high potential of bitcoin it is hard to say that Bitcoin will fail or stop in the next year yeah it is true that the price is now low, not that mean because Bitcoin records many positivity in this year, in sense it's price at coming bull run the price is low but when the halving come and after some time the bull run will start and according to the analyst Bitcoin will cross it's previous ATH. Now this is what to worry about if someone buys about $100 BTC now has more quantity as compared to when he buys the same worth of Bitcoin in the bull run. One thing is to remember that professionals and those who have some knowledge of Bitcoin never buy Bitcoin in the bull run they buy before the halving event when the price is low and when the bull run comes its price increases many times.
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December 21, 2023, 08:29:46 PM
 #91

I don't want the year to come to an end without having any Bitcoin. I have seen a lot of people here talking about their bitcoins and how their investments are going. The thing that gets me depressed the most is when I hear about the halving next year and how bitcoin prices may be influenced positively. I wish i could just have some amount of Bitcoin. However, seeing the price of bitcoin now i became restless if the price will soon go higher and i may not afford it. So i pleaded with my parents if they could support me. Seeing how curious i am they helped me with some amount in my local currency so i used it to buy Bitcoin. Help me thank them for what they have done for me. Am so happy right now.



This is the amount in my local currency i believe it will get me up to 90 dollars of bitcoin. I am waiting for my friend who will help me buy it by the weekend.

Thank you mom, Thank you dad. And thank you Bitcointalk.

First of all, I want to thank your parents for helping you invest in Bitcoin because a little help they give you today can actually help you build a huge fortune in the future. As someone who has been trading and investing in Bitcoin for years, I would recommend that you don't stick to the amount and that you own more Bitcoin by adding to your investment whenever you get the opportunity. Remember, in the short term Bitcoin may lose value and the amount of money you deposit may decrease but in the long term Bitcoin has always enabled its investors to make profits.

I wish your happiness to be permanent and your investments to always please you. I hope you can accumulate Bitcoin for many years and increase your Bitcoin balance day by day.
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December 21, 2023, 08:44:30 PM
 #92

Your decision to invest is absolutely right. You will gain more earning opportunities once you enter the market before bull run happens. Thanks to your strong support system, without them you will never make it in time. However, my only advice for you is to never see your bitcoin investment as a get rich quick. Invest for long term, that will help you understand and appreciate the real concept of bitcoin.

For now, focus on DCAing bitcoin. You still have more months to go before bull run appears, so make the best of it and just invest on the amount you can afford to lose.

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December 21, 2023, 08:52:33 PM
 #93

The family should help the younger generation to get into bitcoin at the earliest stage,it was good initiative move by the OP family members.Many of us here by the referral of our friends,this was the peculiar story of the op which was linked with the family bonding.Only the parents had this good intentions for their kids,even the siblings will not help like this.Only in few families the siblings will help their brother to join the crypto community.Many will think selfish and never share to their own family members.The OP should increase their bitcoin limit by more bitcoin every month,as like the gold savings the OP should increase the bitcoin savings.In a future the OP will have huge amount of bitcoin in their wallet,who know it may also made them millionaire one day.
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December 21, 2023, 08:57:10 PM
 #94

Seeing how curious i am they helped me with some amount in my local currency so i used it to buy Bitcoin. Help me thank them for what they have done for me. Am so happy right now.

I remember the feeling of joy I had when I purchased my first bitcoins.
You’re lucky to have such supportive parents. I don’t know if you’re going to read the replies on this thread to them if not the compliments isn’t necessary.


This is the amount in my local currency i believe it will get me up to 90 dollars of bitcoin. I am waiting for my friend who will help me buy it by the weekend.

I think it’s better you learn how to purchase bitcoins on p2p platforms on your own. You can’t be on this forum and still depend on others for something like this. You can buy bitcoins on Binance (kyc needed), Remitano (kyc won’t be required for small amounts), Bisq (decentralized exchange).

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December 21, 2023, 09:22:08 PM
 #95

Congrats OP on your first purchase. With your eagerness to invest, you have now your first bitcoin in your wallet. Just do the DCA afterwards, so you can increase more of your bitcoin hodling. While you are in the process of accumulating more bitcoin, see to it that you are learning continuously in the forum and learn from the experiences of the first investors as well. Bitcoin is a highly profitable investment, but if you don't have the proper knowledge to manage your investment, it will also never prosper and won't see any positive development.

Consistent learning in the forum is a must. Most especially that you are investing in a high risk asset, the more that you have to be knowledgeable on how to succeed on your investment.

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December 21, 2023, 09:52:36 PM
 #96

We are at the end of 2023 but what awaits us in 2024 none of us can say for sure. In other years the market is slightly dumping from the beginning to the mid-term. Perhaps, considering the past, you have an idea that the market will dump again in the mid-2024 period. It is only probability and there is no guarantee so the market can go in any direction. The market can go in any direction at any time, as you fear the market will go down in the middle of 2024, I think it will not take much time for the market to go down, the market can go down in less time. But don't be harassed by such rumours, have faith in your investment, surely something good is waiting ahead.
Of course, we can still experience ups and downs on prices and it is normal but we believe that 2024 is a good year for the crypto market.
We never know what exactly happen next year but this is not the ground enough to consider that we have to worry about our investment and become uncertain, we never grow with that kind of thinking instead, we have to build trust and confidence.

What happened to OP is a great decision from the family, there is trust and it never be wasted.
Well, I hope that OP can manage it carefully and be able to reach their goal.

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December 21, 2023, 10:11:36 PM
 #97

You should be grateful because you have good parents who support you about investing in BTC, and actually there are many parents who forbid their children from buying Bitcoin for many reasons and you are one of the lucky ones. Actually, you don't need to be nervous if you see the price of BTC continuing to rise, because if you buy before the halving, of course there is still a chance to make a profit. but op, continue to explore insights about bitcoin and of course investing in btc must use money that is ready to be lost, but you also have to have a strong intention, namely only selling BTC when there is a profit and don't panic, stay focused on your intention. op, I hope you are lucky in your investment in BTC and prove to your family and your parents that investing in BTC is certainly a good thing and very fun.
Yeah, I think the ops is very privileged to have a parent who can still give him money to buy some Bitcoin and this shows to a great extent the level of bond and love that exists in their family but then far from such that ops should rush to sell off such a gift,  because the only time,  the true potential of Bitcoin will reflect is when you hold it for long term base and this situation ops should give himself a long term perspective since he was gifted the funds to buy the Bitcoin.

Honestly, a few people have such privilege in the society we live,  to see such support from the family in something that not many understand it the way you does and how best you have to handle yourself to be able to buy at the right time and also hold for a certain period which only you understand most,  bitcoin is the most valuable asset of this century and at such, we may see a lot of such story on how we individually own our first Bitcoin and for sure I still remember how I felt when I first own my first Satoshi.
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December 21, 2023, 11:39:04 PM
 #98

snipped

So.. what's next?  Do you keep pestering your parents to give you more funds for your Bitcoin investment?  Your goal of buying BTC is good but I find it disappointing if a person pushes other people to invest for them.  It would be fine if your family is rich and has lots of extra money to put up with your selfish goal  but if they are just meeting the family needs, it would be a hard task for your parents since they have to tweak your family budget in order to meet your want to invest in BTC.

Anyway, be glad that you have a supportive family.  I hope you develop a diamond hand and will not panic to sell your holdings once the price of Bitcoin crashes.  Kudos to your supportive family.

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