Topic: All thanks to my family they contributed and bought bitcoin for me - page 4. (Read 715 times)

Congratulations to you on the purchase of your first bitcoin and I must say, you have a wonderful family that is eager to see you excel, not many had this rare privilege. But then, why wait for your friend to but for you when you can buy Bitcoins by yourself? It is obvious you are new to Bitcoin and have little knowledge about how it works. You can do better, it is good that  you have a friend who is knowledgeable about bitcoin. Let him teach you all you need to know about bitcoin. You can learn from other sources too so as not to be misled. You need all these information so you can have a plan and a strategy for yourself so as to get returns on your investment.

• do you want to trade bitcoin?
• or you just want to buy and hodl for a long period of time?

You can only answer these questions sincerely if you understand what exactly you are doing and not base on what you've seen or what you were told. Note that for every wrong move you make, their are potential consequences.  Congratulations once again, I wish you luck.

Congratulations for the journey to Bitcoin. But you to move the Bitcoin you will buy to a non custodial wallet because keeping them in the Centralized Exchange is not good because anything can happen there. In everyone life determination makes one's life destiny achieved. And that is why the parable says, "idle man is a devil work shop". One have to think and work out what to do to change is life.

It is not all parents can do what your parents have do e so you have to take them serious, they really what your well being. And probably they helped you to secure some Bitcoin because they are not ignorant of Bitcoin. Because a parents without the carnal knowledge of Bitcoin can't do that. Your parents must have heard about bitcoin before. Be careful with the journey. Avoid unknown links, and strange messages, text and call. The period is dangerous.

Bitcoin halving will just pass by so you should not be affected that much, but if you think for long term, like 5-10 years, you will surely reap huge amount of profits in the future as you have all the time and chances to accumulate bitcoin regardless if you buy it little by little. Being restless is always a bad sign, so learn to get rid of it as good investments make you feel secured and comfortable, and not make you irritated and restless.

Well anyway, it's great to know that you have supportive parents all the way. I do think they don't actually understand bitcoin deeply, but since you're into it, supporting their child is what the most that they can do. You really are lucky with them.

True, parents nowadays do not listen to their children, especially those from low-income homes. That is why it is so important for kids to have a parent who is willing to listen to them before making a choice. I'm sure Op's parents didn't know much about Bitcoin, but they support it because they see their son's dedication and willingness. Even if they only give you $90, it's enough to determine whether you can actually make it profitable. If he can show it to his family, they will undoubtedly increase their support and provide you with additional finances.

So I like that your parent believe in you and decide to help you, not everyone has good parents like you, as some don't even care what you are doing, just don't drag them into anything, that's what they are after.

But I don't like the sound of your friend helping you to buy, since you have been hearing about Bitcoin, not all of a sudden, you should have done your own research and do the buying yourself, there are many tutors about this online and even on YouTube, if you plan to sell in 2024 or 2025 are you going to call your friend to come and help you again?

This is ridiculous, you are not helping yourself at all, knowledge is power, if your friend can do it so can you, start learning about how to use crypto exchange and which Bitcoin wallet is best for you, and stop relying on friends to do something for you.

Absolutely you are amazing with braveness and decision want to invest in bitcoin exactly first time your investment raised $90 for buying bitcoin, you one step closer become success investor in bitcoin although is not really huge amount and earned profit more than 50% to 100% you need waiting bitcoin price above $80k. Just stop bad imagination when investing in bitcoin is the quick way to be rich because need progress and you have waiting longer time for bitcoin raise more higher price in the future exactly with halving moment will little help to make bitcoin pump.

Congratulation with your first investment OP, don't be panic when some time bitcoin dropping drastically and your have prepare with strong holder mentality when bitcoin increase lower price because CZ if said “If you can't hold, you won't be rich!”

That’s good that you have parents who listen and most importantly believe in you

i believe that your parents will be able to see the benefit bitcoin offers and will most likely invest more for themselves i don’t know how much they understand of bitcoin right now but i’m sure that they will soon understand why bitcoin is such a good investment and why their decision of helping you is a good thing

What you were experiencing earlier is known as FOMO (Fear of missing out), I hope you do not panic when the price suddenly dives. In such situation you should stay calm and remember Bitcoin always bounces back.


So, your Christmas gift has arrived early you should keep it somewhere safe and when you start earning you should start accumulating more. Never give up your Bitcoin unless you have made something out of it.


It does not matter how much you are investing in your future. What matters is how can you secure your future, keep your Bitcoin in a safe wallet, and keep the wallet backup somewhere safe. You should be thankful to your family for giving you this opportunity, not everyone here is that lucky.

Accept my congratulations OP on your investment journey, but I must mention to you that one thing is to start, another thing is to remain consistent and maintain what you've started. $90 dollars worth of bitcoin is a good start, but you need to topup that portfolio if you need to get very good gains like I view from your tone that you're expecting. Your parents are heroes for supporting you and believing in you even though they may not have understood anything about bitcoin, your enthusiasm paid off. I think you need more worth of bitcoin to get good gains come the bull run and my candid advice is this:
You're a dependent, so I don't intend to coerce you to go looking for more funds from anywhere for investment. I think you need to be very much more serious in forum activities and your engagements here, continue struggling, rank up, and possibly when you must've joined a signature campaign you can save your weekly pays and accumulate good quantity of bitcoin that can give you something tangible by the bull run.

Congrats OP for having such supportive parents, not everyone is as lucky as you.
There are some who would support their child no matter how hard it is for them, they would still find a way to do it.
And also good luck on your Bitcoin or investor's journey, hope that you would also be successful so you could show your parents that their help to invest in crypto wasn't a waste of their hard earned money.

Your words sound flowery and beautiful, but I don't think bitcoin teaches us about personal finance and contemporary economics. I mean, not everyone comes to bitcoin for its decentralization or the privacy and freedom it gives us. Many people come to bitcoin with the sole purpose of profit, meaning bitcoin is just a tool to help them get rich and if they get rich later, I don't think they will still need it. So, say bitcoin teaches us about finance, privacy, decentralization...it depends on each person's goals. OP can't wait to own bitcoin before the halving, it's like he just wants to speculate on bitcoin to make a profit.

Congratulations on your purchase of Bitcoin! Smart, especially since the halving is coming up soon. This kind of thing has historically increased the value of Bitcoin, therefore the timing must be correct. Parents who teach their children about money have our respect. Bitcoin is not simply about teaching digital currency. It also teaches personal finance and contemporary economics.

You and many other coin investors utilize it as a hedge against the possibility of an unpredictable market. The value of bitcoin fluctuates a lot, but it will increase. The first people to purchase Bitcoin were even modest investors. You've joined the global decentralization movement. Wishing you luck in the world of Bitcoin!

I have nothing else to say than to say a big thank you to your parents for making your BTC journey a smooth one.
Am also very sure your parents understand the idea of BTC and the decentralized network in total, else, the reason why they support your BTC dream and even go as far as getting you some .

You should on your own part decide upon the best and most secure platform or wallet to use to secure your BTC or cryptocurrencies.
Am very sure also that your family would be hoping to gain some profit from your dream as regards investment in BTC or cryptocurrency in general.

I thank your parents for listening to you and helping you with money to invest in Bitcoin. Maybe you have also heard about Bitcoin but don't have much good experience about Bitcoin. Even though your amount is small, you start investing with this small amount of bitcoins. But before you start investing I want to tell you to keep your stored bitcoin wallet seed phrase very safe so that no second person can find out your wallet seed phrase. Here you said you will take help of friend for your bitcoin investment so your wallet must be safe. I would also like to tell you that you should get a lot of experience about Bitcoin and investing before making a big investment in Bitcoin. This is not the last investment opportunity, many opportunities await you ahead. Do not rush to invest in Bitcoin Rush is not beneficial at all.

it is a good thing to have people closest to you who support you in every investment decision. i congratulate you on your first investment. but maybe right now the investment you are making is not that much, but as time goes by and you become more experienced, i am sure that you can increase this investment and reap profits from your investment.

don't forget to protect your investment and not let it be hacked by other people. you must secure your wallet first and do not share the private key with other people. and another thing is don't panic when the price goes down, keep holding on to it, because patience is an important key in investing in bitcoin.

Are you really asking for the age of the op? Even if the Op tells you his/her age what good what it be for you? And besides they can just tell you whatever age that they want to, so it’s actually pointless to ask for the age of someone in a forum that’s high on privacy.


You can clearly see that the op knows nothing about bitcoin, and that’s probably the reason he wants to own some bitcoin before the halving and it’s not their fault. If you go through this forum and also on different platforms you’ll see different people discuss about bitcoin halving and also the possibility of the price of bitcoin getting to a even greater price than it has ever gotten to, so if a newbie should come across such information they’ll be tempted to look for money to invest in it so that they can make profit when it eventually happens and I bet that’s what happened in the case of the op. He does not even know how to buy coin himself that just shows how much of a newbie he is.

For some $90 may seem like a small amount, more like a mere pocket money but for some (like me), it's a massive amount to start with. Because where I live you can feed a family of four an entire month with around $100. So yes, as you can see it differs from place to place. Only OP can clarify this now.

OP, always remember with smaller smaller steps we cross thousands of miles. And again congratulations mate.

Congratulations for buying your first Bitcoin. I am always pleased when I see people who are investment-conscious. Instead of wasting money on pleasures, they prefer to use it for something profitable. But I hope you will earn your own money to invest in Bitcoin. You shouldn't rely on gifts from family and friends to invest because they will not always support you. Don't also expect to make a fortune from the $90 investment because you might just make a small profit.

Everybody wants to buy Bitcoin now that the price rising because they want to make a quick profit and this is the main blunder people make about investing in Bitcoin. Most of them are just driven by FOMO without having a long-term investor mentality. There are cases where they will not be patient enough to keep your hodling and end up selling them prematurely and will end up calling Bitcoin a scam because of ignorance. It is not wise to prepare for the bull run or halving when we are close to or already in the period.

OP, a big congratulations to you and I appreciate the effort that you family made to make sure that they were able to give you $90 for you buy your first bitcoin. It means that you family has made you proud on this as your dream have finally come true. What I want to tell you is that if you are not a student or too young, you should go get a job or something that will give you an income, so that you can start buying bitcoin on your own. It is good to use your own money to invest and not other people money, so that you will be able to grow your investment. This is because I don't think that your parents will still give your another funds to buy bitcoin. You should also take note that bitcoin gives profit when you hold it for a very long period of time and if you are thinking of selling this bitcoin in the next bull run, then you got it wrong. Hodli and increase your bitcoin through regular DCA.

It's a bold step to have a stash of Bitcoin compared to those of us who doesn't have but while trying to achieve a goal you shouldn't be pron to mistakes like not putting yourself in a good condition before investing.
The fact that you're desperate to have Bitcoin shows your interest on the profit of the halving next year but well it's not bad after all the point for investment is profit making right ? but I will like to put you in the better direction, what I see from your testimony shows that what you have invested in Bitcoin is what you cannot afford to lose, your parents gave you money to invest in Bitcoin which means you're not the owner of your money, if unfortunately Bitcoin goes the opposite direction and your capital is lost what exactly would you tell your parents happened to the money they gave you? Which means you're not putting in consideration what is required for investment. mind you I'm not tryna criticize your action but make correction. instead of rushing to buy when you don't have something that you can do without is really bad but at least you got something so congratulations to your achievement.

If I have to thank your parents I think they should be able to see this. Congratulations to them they have a son/daughter who's tryna make them proud.