Topic: All thanks to my family they contributed and bought bitcoin for me - page 5. (Read 715 times)

It's nice to see that you are now having your Bitcoins and now you are enjoying the  price cause once the price will go up higher then one thing for sure you got your profit. Anyways nowadays it's good to buy Bitcoin and hold it cause as we see that the price is now increasing and it will more increase in the next day (just my Opinion) and also I salute to your family who are giving their full support to you and then they bought  Bitcoins for you.
  

Well, first of all, good luck with your investment and congrats on having money to invest. But the thing is, yes, it's a good thing that you have supportive parents or family that support your investment and support what you want to do. But the thing is, I hope you know what you are doing. I don't discourage you or say that asking for help from your family and friends is wrong, but you should not always hope that they have something to give you. Or, the important thing is, you should know the weight you have. Just because you have capital for investment from others doesn't mean you will not be careful in what you do. You should think about the people that support you.

Don't hope that your investment will have an earnings return. Bitcoin is long-term and I hope the ones that help you have capital will also not hope for a return because you may end up disappointing them.

To me Bitcoin is better to invest than other coins.Did you force your parents or convince them about Bitcoin then they agreed to pay you.I don't know if you explained to your parents if you did it was good.If you want to take money from your parents and invest in Bitcoin, it might be a good decision for you.
But you say waiting for your friend to buy bitcoins you can buy bitcoins yourself with your own native currency.

Congrats on entering the world of crypto. Now for the important part, you need to protect this crypto because there are tons and tons of scams out there.

Your best bet is to use a hardware wallet but if you can’t find one in your area then just take an old laptop, remove the WiFi adapter and set up a electrum type of cold storage solution.

It’s free and you will never get your crypto stolen.

Have you thanked your parents directly? Because posting a thank you note on the forum won't make any sense when your parents aren't on the forum. Furthermore, do you have plans to invest in bitcoin, or do you just want to own some bitcoin before the halving just to satisfy your curiosity? I think that in order not to disappoint your parents, you should have a plan and do something now to create a result that makes your parents proud of you. That's something you need to care about more than showing off to everyone that your parents gave you money to invest in bitcoin.

Why you are waiting for your friend when you can buy it yourself? I would suggest you to learn about Bitcoin buying and storing it safely in a wallet yourself because in the world of crypto-currencies trusting someone else is always going to be a risky thing. If someone gets access to your private keys then they can do whatever they want with your Bitcoin.

Although, you have taken a good step by investing into Bitcoin but it seems like that you don't have much knowledge about Bitcoin storing or how to have your own personal wallet or how to purchase Bitcoin your self. I would suggest you once again to learn about Bitcoin purchasing yourself it's not that hard and then you should also try to learn about Bitcoin wallets.

I suggest you to learn about Electrum wallet and air-gapped systems. You should also try to save your private keys and seed phrases secretly because if someone gets access to those then they can transfer your Bitcoin without your knowledge. When it comes to private keys and seed phrases then it's better to store those at 2 places one should be a proper SSD or flash drive that only you can access and that should be totally disconnected from internet based system and the other should be a paper. I would also suggest you to not keep your Bitcoin at online exchanges.

Well, everyone who knows Bitcoin exists would like to hold any amount, especially with the current state of the market. Congrats on your investment with Bitcoin, I would just like to say that do not feel FOMO with others' experience in the crypto industry especially with Bitcoin cause it might lead to impulsive decision-making. Good thing that your parents are supportive of you cause any amount would do as long as you know what you are doing in this industry, hopefully, you could make a profit with that amount. I suggest that this month there's a lot of opportunity to make money like having a part-time, from that you can use those funds for your investment journey so you can be consistent with your investment.

Do not think like that, if someone that did not knew anything about bitcoin read your post they may think that this was the last time bitcoin will go up in value and this was a chance you will miss forever.

And this is false, even if now you have a small amount of bitcoin, it is not enough to bring any change to your life, however this is not going to be the last bull run of bitcoin, so you have a lot of time to get a good job and save as much money as possible and prepare yourself for the upcoming halvings.

This is a good way to start lad!

It's good your parent came through for you in making sure you are able to buy your Bitcoin and I can only imagine how rewarding and happy it must have been for you seeing that you have a support system that has brought you dreams through.

Accumulating an $100 worth of Bitcoin isn't a small feet to be honest, it might look too small for some people but I tell you it marks the beginning of a great journey that lues ahead of you in the future. When you start accumulating bigger amount if bitcoin, you will look back to this day that you made your first purchase and you will smile and be happy you did.

Hey OP, Congratulations. Since you are able to invest in Bitcoin because of your parents, I congratulate your parents. All parents should be like your parents and encourage their children to invest in Bitcoin. But your parents got it right and invested in Bitcoin at the right time. Every parent should keep their children invested in bitcoins for future savings.
But I request you to keep the bitcoin invested by your parents in proper wallet. Nowadays wallet security is very important and you must be careful about this security. So that your wallet passphrase can never be hacked, keep it in the right place in the right order.

Congratulations OP. You took the very first step to investing on Bitcoin. No matter what don't sell. Despite the price surges, if you hold it long enough you'll see the actual result. Many holders doesn't have that kind of mental strength to hold long. As a matter of fact, they start  selling when price starts to drop. Just buy and hold. Halving is near and I'll make the price go up again. The only thing you'll wish why you didn't bought more.

I bought some when BTC was at 26k$ and now it's 42k$. 

I want to know how old you are and why don't you earn money yourself to invest in bitcoin, why do you have to ask your parents for money? And do you expect that with that $90, bitcoin will make you millions? Because honestly, 90$ invested in bitcoin won't make a big difference to you, you need to invest more than that.

Instead of sitting there and wishing, I think you should find a job, work hard and you will have money to invest in bitcoin. Bitcoin's journey is still very long and we still have a lot of opportunities, not only is the bull season coming and then everything will be over. Don't think and have such a short-sighted view, it can easily cause you to make hasty and wrong decisions.

It is always a great thing to actually get what you want but bitcoin been funded by others donation isn’t it. From your post I saw how eager you are just because of the halving coming which is not kind of good because you are actually focusing on the profit side of bitcoin only without taking into the risk side. This money given to you by your parents doesn’t look like something you can afford to lose which is one of the focal points of buying bitcoin.

Also since you already have the funds with you, I will advice you keep it in your local currency first and then go and have the basic knowledge of how to buy the bitcoin yourself from any exchanger and then set up a personal wallet by yourself, this way you don’t need to trust even a friend to do this things for you as it will be risky to do so

Congratulations to your Investment and thank you to your family to make it through so better that you will make sure to them that
your investment is worth their trust and still that is a long way to go as it is just a small amount.

and make sure also that you will add more and more from this investment because this is just a little comparing to how much the
value of bitcoin now and that amount is just a peanut to expect growing much in a year or two.

Congratulations OP for having a supportive family and finally having your Bitcoin.

My only advice is that, don't ever do panic selling, instead accumulate Bitcoin as much as you can then enjoy the profit whenever new all time high happens. You could also look for services that offer bitcoin in return for you to have more bitcoin aside from waiting for someone to help you. You could start ranking up your account here by posting threads that are worth the merit to easily rank up and join any signature campaign that will fit your rank.

Think long-term. It's not as if this will be the last time that bitcoin will go up in price lol. If you think in years to a decade, you're going to have enough time to stack up some bitcoin. Just don't be complacent and start earning money! (unless you're in school.)

Though it good for family members to aid you in achieving your dreams but however I don't see it as tangible enough for a contribution for an investment of this nature because I know how you must have tried to convinced them before they were able to put it in consideration and decides to contribute money for you to buy Bitcoin.

 Investing in Bitcoin is an achievement every bitcoiner would want to have but in the quest to buy Bitcoin shouldn't make us go extreme in trying to convince someone or a group of people on the need for them to raise funds for you in order to purchase it. But notwithstanding, seems you've got a very nice family for them to contribute in order for you to be happy because I know you're very happy now that you've bought Bitcoin. You would have also made a more clear and precise detail image(s) of how you bought your Bitcoin.

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.

https://www.talkimg.com/images/2023/12/14/EYfwb.png

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.