Topic: First time of owning bitcoin - page 2. (Read 1011 times)

When I first bought bitcoins I bought bitcoins with my own money.  And I was very tensed whether I can buy bitcoins at the last minute.  And first some money was in loss and next one week I started getting dividend.  Although my benefits were small but the money was worth a mountain to me.  Because for the first time I started making profits by investing.  This moment was the happiest for me.

Second time investment but re-invest with full money benefit.  From there some of my money is currently in loss and once bitcoin hits $30k my wallet will break even.

Bitcoin is a digital assets which may people need to know and have someone to teach/guide how to buy or sell as a long term or short term holding, with a respect of making profits, and that is a very good ideas to tell new coming Bitcoin investors to know more in the community.

I got idea about Bitcoin in mid 2019 but I didn't have any Bitcoin then.  One of the main reasons for this is that Bitcoin is completely illegal and banned in my country.  Here your life will become miserable if someone sues you under digital currency.  At that time I could not invest in Bitcoin due to various fears.  I first started investing in Bitcoin in 2021 when the price of Bitcoin was $45000.  I had about $17,000 invested in Bitcoin at that time.  From $17,000 to $4,500, I now have $4,500 in my wallet.  But I want to save all my bitcoins long term.

Very nervous and excited. Afraid that Bitcoin will disappear in the next second. Follow the news about cryptocurrencies. I have to look at the price of Bitcoin every day (maybe I will pay attention to the price of Bitcoin when I think about it). Bragging to my friends that I bought bitcoin.

Otherwise, I bought bitcoin in early 2017 for 0.02+ of my purchase and also a small part of my friend's gift and he was the first to introduce me to bitcoin and also this forum.
At first I was hesitant before buying it, because my friend has known bitcoin for a long time so he knows its movements and he motivated me and also gave me a little bit of bitcoin so that I believe and want to do it. And finally, as time went on, I got more and more excited and kept adding to it, especially at the end of 2017 in December because of the passion to sell it at such a high profit. And that's when I became confident and independent to date and as much as I can to keep trying to collect bitcoins.

Since this thread is like an "open forum" to share experiences anyway, I would share my input.

I was a little bit scared when I first got my Bitcoin back in 2017, since before I thought it was something ONLY used by criminals in the deep web/dark web or whatever you call it but I decided to bite the bullet since it was being reported anyway in my local news. Slowly that feeling of fear turned into comfort when I knew I was going to be okay and my misconception all to it were all plain wrong. My first experience in holding Bitcoin was all "educating" to me for tldr.

i know this topic is about the feeling of first using bitcoin. but there is also the feeling of first attaining X or 0.0X bitcoin being an achievement too

im of the era of 1BTC was a coffee. so i didnt get excited until i got a hoard of coin

but looking it as an investment. i see it now as:

there are about 2,148,040,619 households(homes) in the world
rounding it to 2.1b

meaning 0.01btc represents one house in the world

so some can see that owning 0.01btc is like the feeling of getting the keys to a house you own out-right(on the scarcity rate)

I was very happy to get my BTC. Although I bought it myself, I was afraid at the first. It was a bit slow to complete the transaction, so I did not receive it immediately. I was scared, thinking I did something wrong while making the deposit and I won't receive the BTC.
But the time I get it in my wallet, I was so happy and used to brag to my friends that now I own BTC. 

I first bought Bitcoin in 2020 and I got information thorough my friend and I wanted to get knowledge. And that's why I bought some 500 dollars crypto and I was very very happy that I got invested in this. And also it made me very very proud that I am still living happy life by having Bitcoin in my portfolio. And In future I want to be a trader AJ dthatimy dream too.

Without basic knowledge and knowing how the market works, the fear of losing money is inevitable.
I was paranoid about bitcoin at first because of the fast price fluctuations. I was afraid of losing the money I worked hard for, but after a while the fear went away as my knowledge increased.

So my first impression when I bought bitcoin was fear of losing money. Maybe many other people have the same impression at the beginning, but that's the stupidest story I have as an initial impression. Now everything has changed, even I don't want to sell those bitcoin before my target is reached.

The first time I bought Bitcoin it took 2 months, after that I learned how to use it and how to use it properly, even though at first I found it difficult to learn how to transfer, over time I just got up the courage to buy it, indeed this is too late for me to enjoy it  , but I remain optimistic about the current Bitcoin price, it doesn't mean that I failed when the price went up I bought it and in the middle of this year, the price actually decreased, it's not a matter of falling or rising Bitcoin prices, but patience in investing is the main capital to be successful  , until now my first Bitcoin purchase, I still keep it and I'm just starting to join this forum, so that my experience in the Crypto world is wider and get information in this forum, because the best information is in this forum, that's why now  I know more about new things in this forum, and many discussions like this hit  i have different experiences..

I can't remember most of the things that happened back in my early BTC years, because I use to visit different faucet sites and other earning platforms so I am pretty sure I own my first BTC through a faucet or one of the earning sites those days.  So it is difficult to describe the feelings but am sure it was a good feeling. There are no regrets about holding btc at all.

It is true that many people lost their bitcoins because they lost hope in the project. I think this was not because bitcoin was bad, but because there were many shady companies around that time that stole a lot of bitcoins and made politics sanction bitcoin. Bitcoin survived this, but still we see the crypto space as a space full of scammers sadly. I think we can only end this, with enough education on how to keep the coins safe.

when I bought my first bitcoin, what I felt was a tense and excited sensation, because I realized that at that time I had already made my first bitcoin purchase, and at that time I was investing for the first time.
because I have never invested in any assets before.
all the feelings were there at that moment, fear, joy, tension and disbelief were also there.
because I bought bitcoin from my savings at that time, so I feel happy, because I didn't borrow any money to invest in bitcoin.

Owning my first bitcoin was really not a big deal to me, my experience started from here I learned about it. Then forge ahead to buy my first bitcoin which I did not purchase from an exchange but was from a holder I know very well, it was in a form of P2P where he sent btc worth 48$ to my wallet back then all I make use of was Binance before I learned about Not you key not your coin in this forum which made me learn more ways to protect my assets..
After my last btc purchase I move all my btc from the exchange yo my private wallet.

People that bought Bitcoin now that bitcoin's value is known and respected all over the world feel more excited about bitcoin than people that bought bitcoin when there was no great hope for Bitcoin, when bitcoin was worth nothing and when they bought bitcoin like doing every other online business which man end anytime.
Bcause there was no much excitement then, having not known the value of what was bought many people lost their bitcoin but people buying this present time who values bitcoin will try their best to protect it .

Sorry for the semi-necro but had to comment when I saw this.

I've been using Bitcoin since 2016 and rather actively since, with at least one commercial spend a week, I get paid for freelance work several times a month -- those are my direct p2p on chains. I do make many more sends for online services -- but I don't really consider those as useful since I don't know if the service eventually settles some or all to fiat. Excluding sells, which I do p2p mainly.

Sorry to digress but my point was I also "harboured" old sats from 2016 until 2021 when I decided to chuck away all my legacy wallets. Other than the very very first I ever got, which was given to me, I also got my first payments in BTC in that year -- also around the $400 mark. Funny enough, majority of my payments in those days were actually altcoins! Doge, ETH, LTC especially, but I exchanged most of those to BTC anyway as I just wanted to keep my savings in a single wallet.

Didn't consolidate those for a really long time, there was a funny sentimentality around those Bitcoin as:
- it was a period of big change in my life, switching careers to almost fully remote
- it was my 2nd time freelancing, after over a decade, and using Bitcoin instead of PayPal
- it was the beginning of my financial reboot (I spent literally all my savings to make a life move, fitting everything in a suitcase to take a chance on a new life).

No regrets for having to liquidate most of it in 2020/21, well before ATH but catching the 20k mark. I am still much better off than I was in 2016, and could never possibly have saved enough for what I needed money for, had I not accepted Bitcoin.

My journey is very long in buying Bitcoin,
At first, I was a forex trader, but by going on for so long and being very boring, I finally got to know Bitcoin trading at that time, and by living in a vacuum of time as an Airdrops Hunter or a shitcoin and altcoin scavenger such as tesnet and mainnet, it lasted for about a year, then I I dared to invest in altcoins because the price was relatively cheap, unlike Bitcoin which at that time cost $ 20 - 30k if not mistaken, of course, I thought I would prefer to buy cheap and have lots of coins to make it more profitable, but after a few weeks my friend suggested to invest in Bitcoin, he said Bitcoin is safer than altcoins and he also taught me to store Bitcoin in a decentralized wallet.
Maybe at first my purchase was not that interesting because indeed Bitcoin is like other investments I thought at that time, but after some time I know Bitcoin to this day, this is happiness for me.

What, your girlfriend gifted you bitcoin? Wow, I think that's great, mate. You may be lucky to have a girl who knows bitcoin for a long time and may have been a longtime investor in it. Have you ever been told about it? lol

Nowadays I am no longer surprised when I find a girl has bitcoins in her wallet. Bitcoin is very popular now, and naturally there are many people who are willing to invest in it. The popularity of crypto is getting better, so of course it will become something that is not strange anymore among people.

My story is a little bit different because I didn't buy bitcoin by myself. A few years ago on my birthday, my girlfriend gave me a special gift that changed my life. She gave me recovery seeds to a bitcoin wallet and a note about what is bitcoin.
Also, she said me a little bit about the definition of bitcoin, after that, I start my own research and then bought my first bitcoins for investing and gambling.