Finally I did it (I am happy to join). - page 10.

DaNNy001

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Leading Crypto Sports Betting & Casino Platform

Quote from: Su-asa on December 07, 2023, 01:07:08 PM

I wanted to buy my first Bitcoin in the month of October but, based on some personal issues, I tried not to invest at that time.
However, that was the best time to buy some Bitcoin, but still, today I have finally bought my first Bitcoin. It is quite hard to do this, but I finally did it.
on this thread, I talked about my plans on how I can buy Bitcoin monthly, but I finally changed the plans, so I have save enough money through the help of my business (I have cars that I use for bolt business and I am making good profits from it).
Although I bought my first Bitcoin through a P2P transaction with an exchange wallet, after receiving my first coins I have to resend them to an electrum Bitcoin wallet because it is safer.

With the names above, I was so encouraged to buy Bitcoin and hold it for a long term.
@Distinctin, @m2017, @Peanutswar, @wxa7115, @wxa7115, @TheUltraElite, @Minecache, @lovesmayfamilis, @Lorence.xD, @Nrcewker, @Blitzboy, @lranus, @Darker45, @adzino, @CryptoHeadlineNews, @Ultegra134, @gunhell16, @rachael9385, @aylabadia05, @tabas, @CryptopreneurBrainboss, @Cryptomultiplier, @Lucius, @cryptoaddictchie,@Jawhead999, @tbct_mt2,Z-tight, @Yamane_Keto, @Out of mind, @Oshosondy, @mocacinno, @Dave1, @Makus, @Mr.right85, @serjent05, @Potato Chips.

With the help of the above names and those that I didn't mention, I was encouraged to start the investment as soon as possible.

Well congratulations on your bold step taking to buy your Bitcoin now and I must tell it's actually a good one because so many people out there would be thinking that due to the massive increase and with the fact that Bitcoin is set to drop again will be thinking that Bitcoin will drop in price anytime soon due to the halving so they might term this period as not a good time to buy but I say this is another beautiful time in the crypto space to buy because Bitcoin might continue this trend till next year and with the amount you have bought, seeing profits in your investment will not be that long that's if the uptrend continues.

famososMuertos

legendary

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LE ☮︎ Halving es la purga

Well done, less blah blah, and more action on the bitcoin idea, you are a good example...congratulations. Now hodl, sell, and/or buy, so, for everything else there is Trust. Cool

Alpha Marine

sr. member

Activity: 686

Merit: 332

Quote from: Su-asa on December 07, 2023, 01:07:08 PM

[ I have save enough money through the help of my business (I have cars that I use for bolt business and I am making good profits from it).

As other members have said use DCA to buy more coins in the future. Since you said you have a source of income already and you make a profit from the business, it would be better to use DCA to buy coins at lower prices. It's better than saving a huge sum of amount because things might keep happening that'll make you use the money in your savings.

Quote from: Su-asa on December 07, 2023, 01:07:08 PM

Although I bought my first Bitcoin through a P2P transaction with an exchange wallet, after receiving my first coins I have to resend them to an electrum Bitcoin wallet because it is safer.

Good move from you. Don't leave your coins in an exchange. It's what I've always been saying, exchanges are just a marketplace. Buy your coins there and move your coins to a non-custodial wallet where you'll have full control and security over your coins.

ndutndut

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Congratulations, friend, you will be a lucky person in the future, especially if you continue to buy BTC gradually using the DCA method. I also salute you for purchasing your first BTC directly with an amount that can be said to be fantastic and having high self-confidence. I'm not surprised because you got advice from seniors from this forum, making you more confident in buying BTC in large amounts. .

The step you take, to store it in Electrum is also a smart choice because storing BTC on the exchange is not a wise choice. In the end I want to congratulate you on your first BTC purchase, my first BTC purchase with the amount of $200 btw. Cheesy

gunhell16

hero member

Activity: 1666

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At least the time you did that, you really decided to buy and apply for a DCA for Bitcoin. You didn't pay attention to the price that bitcoin has now, which, if we look at it literally, is expensive in reality.

But even so, you thought more about being able to really save, and from what I've seen, it's actually not too late. So, congrats to you, and just continue with what you started here, dude. May you accumulate a lot before the right time to sell actually comes.

peter0425

sr. member

Activity: 2618

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Congratulations , lucky for you having that as your first step because I remember my first Investment in bitcoin back in the years is just 0.008 in which cheap to consider but that is the only amount I can afford to lose those days so I still started to buy.
eventually I added some and fewer till I reached how much I have now so thanks to bitcoin and thanks to this community.
I did not mentioned them for inspiring me but Until now I still remember many of them as we are engaging in forum for years.
now you are Inspiration to many that still having thoughts on how long and how much they are investing in bitcoin.

bitterguy28

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“FRX: Ferocious Alpha”

That is a good amount to start up holding , Congratulations then mate and hope that you will add more as time goes by depend on the availability of your funds that can be risked and not just to assume that you will be rich sooner.

the market is going great now and yes be ready for some dumping to come sooner as it is expected from this Bull that we had in year ender months.

Just make sure that the funds entered are your amount to wait for the ATH or more and not as short term because you may fail in time expectation .

Essential10

full member

Activity: 448

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Welcome to the world of Bitcoin, and I hope you continue to have a positive experience with your investment journey. Remember, Bitcoin is a long-term investment, and fluctuations are part of the game. Anyway, good luck with your investment, and may it bring you great success in the future. I think consider using a hardware wallet for extra security. Keep your private keys and recovery phrases safe and secure and beware of phishing scams and fraudulent websites.

Darker45

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That's great! Congratulations! And I'm honored to be one of those people who influenced you to get into it.

The first step is always the most important step. I hope this is just the start and you will have more purchases in the future.

If you're investing in Bitcoin or if you are using Bitcoin as a way to save, I can only hope that you intend to hodl strong despite the ups and downs. I don't know where you are from and whether Bitcoin is accepted as a payment in your place, but it is also a good contribution to Bitcoin's adoption and realization as a currency if you also have a certain amount in a different wallet for spending.

GreatArkansas

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Quote from: Su-asa on December 07, 2023, 01:07:08 PM

https://talkimg.com/images/2023/12/07/Nq5Cf.jpeg
Although I bought my first Bitcoin through a P2P transaction with an exchange wallet, after receiving my first coins I have to resend them to an electrum Bitcoin wallet because it is safer.

This is a big win OP! With you just doing this, you understand your assignment, and you know how safe centralized exchanges are, so it's good for you that this is your first action after you bought your Bitcoin.
And maybe next time there will be P2P platforms that will not use a centralized exchange like Bisq.

Samlucky O

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The great city of God 🔥

Congratulations to you, indeed the journey is not an easy one buy you took a bold step by pulling the trigger. One thing is to hear another is to do. It is easy to say than don but indeed you really prove to many that all what they say, is not a waste of time and efforts. Many old members here have not taken this bold step you've done, despite your not into signature campaign. Because many here will never use there money to invest in bitcoin except for signature campaign weekly payments. you have done well, it's an encouragement to many who always protcastinate.

Assface16678

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★Bitvest.io★ Play Plinko or Invest!

Well, first and foremost, congratulations! It's great that you've made up your mind, and thankfully, you didn't listen to those who say it's too late to invest in bitcoin now. Anyway, good luck on your investment journey. I know you understand the risk you're taking, and we are proud that you like that risk. Just keep holding that asset you have. I'm sure your investment will be rewarded. Although I have satoshis now, I still want to save up or do DCA to bring a full bitcoin. That is my goal, so we are the same; we are investing, and with the help of the forum, we could decide what we will do. But the thing is, you should always be careful, as you should not just buy and buy because you need to consider a lot of things, such as the position or price where you will bring a bitcoin.

SatoPrincess

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Leading Crypto Sports Betting & Casino Platform

Congratulations Su-asa and welcome to the club! You made quite a big purchase for a first timer. I guess waiting all those months really paid off. I suggest in the future you do DCA to find a good buy entry. I applaud your decision to move your bitcoins from the exchange to your Electrum wallet. Many beginners make the mistake of leaving their coins in Cexs. Glad to see a newbie starting the right way.

Nwada001

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Congratulations on your first bitcoin purchase. It was really not an easy decision for you to make, but you still pulled it out. One thing that interests me the most is that you moved it over to a self-custodial wallet where you can be in charge of your own security.

But how do you manage to withdraw from Binance with the high rate of fee that they charge more than usual this period? With the rate of transaction fee, I can see the need for buying in bulk rather than the normal DCA because the fee alone can be almost equal to what the person is buying.

Next time, if you want to buy more, you can use Dex exchanges to make your purchase; their fees are relatively lower than what CEX charges for a single bitcoin transaction. Congratulations on joining the Hodlers family.

Hyphen(-)

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Congratulations, OP, on achieving your goal, even though we will continue to advise you to acquire more Bitcoin using the DCA approach to add to the amount you already have. It's not always simple to invest your money in Bitcoin, but you were willing to make sacrifices for a better future for yourself. I wish you the best and hope you maintain your Bitcoin for a long time, because Bitcoin has a future plan. Do not panic and sell quickly after the halving, but do not be greedy either.

btc78

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It’s a shame that you weren’t able to buy in your initial plan where the price was significantly lower but no matter at least you have invested already! keep your holdings safe seeing that you are keeping your wallet in your phone make sure that your phone is free from dangers both internally and externally you don’t want your phone to be infiltrated and you also don’t want your phone to be stolen congratulations and may we all reap profits!

Latviand

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Quote from: Jating on December 07, 2023, 03:31:51 PM

Just remember though to protect your bitcoin at all cost. Maybe the next best thing for you is to learn and practice safety here.

Hopefully, you put your BTC on a Non-custodial wallet, a wallet which you have total control.

OP bought it at Binance and it's likely that that bitcoin is going to be staying there for awhile but I assume that OP has already done his research about having a non-custodial wallet so hopefully OP did have some research about it to store somewhere. That's a hefty sum of bitcoins that OP bought for such a high price in the market, hope that he's going to HODL for long and at the same time get the profit that he deserves for hodling that long. To OP, heed @Jating's advice about creating a non-custodial wallet for your bitcoin storage.

The Cryptovator

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Signature space for rent

Congratulations and welcome to the Bitcoin community. It was good to see that eventually you bought your first bitcoin, and your buying experience was good. I am glad to see that you moved your bitcoin to Electrum, which is a non-custodial wallet. In the future, try to buy a hardware wallet when you can afford it. Because a hardware wallet is more secure and doesn't cost much lately. I assume you will buy more bitcoin and increase your portfolio this way. Make your own Bitcoin investment strategy, which will help you build your portfolio the right way. Don't regret it, and hold tight if you see Bitcoin start dumping.

Captain Corporate

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Kudos mate! This is the start, may there be many many more bitcoins in the future and fewer (hopefully zero) hurdles along your way. The toughest part is to understand that investing in bitcoin is a great idea, there will be moments where it will feel hard to hold, the price will fall and many things will happen, but if you can weather the drops and the crashes, then as long as you hold it then you will make a profit. Thats the good thing about bitcoin, there is very very few people doubt its future, as long as you hold it, eventually you will be happy that you bought it, and other are not many investments like that in the world, it should be a very proud moment for you.

tabas

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Wow, I can't believe I was mentioned seems like a privilege. Tongue

Quote from: Su-asa on December 07, 2023, 01:07:08 PM

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.

Su-asa, congratulations and that's a good step that you have taken the advice of many from here. That's because it's not always that there have been good advises but nobody takes it seriously. But you are different, you have taken our advises and you have bought it while we're not yet on the halving. I think that you need to maintain this practice because whatever you're feeling right now or what level of happiness is in there on you, maintain that. This time, there will be ups and downs on this market but just enjoy it and endure all the pains and negatives that you might feel because they're part of it and essentials to survive into this market.

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