First time of owning bitcoin - page 4.

xSkylarx

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Quote from: Lillominato89 on December 04, 2022, 04:37:25 PM

Quote from: Lida93 on December 03, 2022, 05:45:46 PM

Not too quite long I had a section in my home where I had to discuss with some of my neighbors about cryptocurrency/bitcoin and to an extent explained to them how the industry operates and the benefits it can offer. But this is not the actual point of my discussion anyway.
The thing here is that one of the person's I had that round table discussion with was to my oblivion doing some personal research privately about bitcoin based on all she has been told about it for the past many days after that very discussion. And so yesterday she came to me asking that I should assist her in purchasing bitcoin worth about $160 as she is avoiding on making mistake by doing it by herself alone since it's her first time. After every process and the said amount of bitcoin was purchased successfully into her account, immediately there was this expression of the feeling of joy the lady expressed with a wide smiles that seem unending and I was amazed at such level of excitement she showed.

Then after she left, I started asking myself, like did I also acted same way when I first got my own bitcoin or is the lady just been overwhelmed knowing she now own a certain amount of bitcoin or am I missing something as to why she reacted the way she did?

For you how was your own reaction/expression in your first time of purchasing and owning bitcoins, was it so different? I would love to know!

my first investment in bitcoin dates back to 2016, it was my first absolute investment in cryptocurrencies and I was quite happy to take this step, because I knew I was investing for the future, still today I am happy with the choice made

You were extremely fortunate to have purchased bitcoin in that year, 2016. That is also the year I first learned about bitcoin. At that time, I was earning bitcoin but not keeping it or saving it, as I mostly spent it at restaurants (as I was very eager to eat in those restaurants since we couldn't afford them before, but because of bitcoin, I can now afford them). 2016 was also the year of ponzi schemes, and most newcomers (including myself) were scammed because we thought that was the only way to earn bitcoin.

D ltr

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very different, moreover, that I got from my first payment from this forum which I exchanged for bitcoin, what made me happy was that I could have bitcoin for free, not by spending money from my pocket, and that became my main capital in trading in this crypto

glendall

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Owning bitcoin is a special thing for me, because I still can't believe I could own bitcoin even in a small amount at that time, when I held it, how long did I see that bitcoin provided unexpected benefits, and this convinced me that bitcoin was a good investment. can provide unexpected benefits, but it is also undeniable that we can experience losses in an instant

michellee

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Quote from: dimonstration on December 04, 2022, 07:43:03 AM

Quote from: michellee on December 04, 2022, 07:21:40 AM

When I first bought and owned bitcoin, my reaction was normal and nothing different. What's different is that at that time, I dared to buy bitcoin with my own money while people didn't know what bitcoin was. There was no extraordinary feeling then because, maybe at that time, the price of bitcoin was not as high as it is now.

But when the bitcoin price increased, and I looked at my bitcoin value then, I was very surprised because I never imagined that the bitcoin price could soar. That's one of the things that made me stick with bitcoin as my main investment.

What’s the main reason why you purchased your Bitcoin? Most people usually feels excited because of the possible profit for the future price. I didn’t undergo on this stage because I get my first Bitcoin through faucets and campaigns here. I just have the experience on buying Bitcoin when the P2P on exchange using our local wallet is already available but I’m surprise that you are not excited by the time you are making a not so typical investment of your life.

I believe if I manage to experience purchasing Bitcoin by the time it was not popular. I will be more excited on my first purchase rather than when the price pump because I’m expecting already that the price will grow in the future that’s why I’m investing on it.

I thought that the bitcoin price could not soar. For example, it could reach $20k and $69k yesterday. I was doing what I could and after bitcoin hit $20k, I just realized that bitcoin has the potential to go even higher and it does. I also play with the faucet to earn more bitcoins, giving me a bigger chance to collect more bitcoins. I bought bitcoins on a local exchange and was excited but less excited than other people and more like an easy thing to do. That's why I wasn't too surprised to follow bitcoin's journey so far and the ups and downs I have taken for granted.

Quote from: posi on December 04, 2022, 07:57:30 AM

Quote from: michellee on December 04, 2022, 07:21:40 AM

When I first bought and owned bitcoin, my reaction was normal and nothing different. What's different is that at that time, I dared to buy bitcoin with my own money while people didn't know what bitcoin was. There was no extraordinary feeling then because, maybe at that time, the price of bitcoin was not as high as it is now.

But when the bitcoin price increased, and I looked at my bitcoin value then, I was very surprised because I never imagined that the bitcoin price could soar. That's one of the things that made me stick with bitcoin as my main investment.

Me too, I remember the first time I bought bitcoin, and the price of bitcoin was around $300. It wasn't a high price, and I didn't feel special until my bitcoins suddenly almost doubled in value in just a few months. I was really surprised and happy, the feeling at that time was indescribable.
Before coming to crypto, I also invest in stocks as well as forex, so I find it quite normal. But until I make a profit, because finding double profits in the stock market is almost very difficult and takes a long time to achieve.

Yes, that's correct. I bought bitcoins when they were around $200-$300 and while it wasn't a big money purchase, it was my initial purchase. And after the price increased several times, I realized that what I was doing was right and from there, I started accumulating more and selling it when the price increased. I've never played forex before because I'm afraid of the losses we can get. Besides that, the capital that had to be used in forex at that time was too large and I didn't have much money.

S A KHAIR

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Wthout any feeling when we first got bitcoin, I'm pretty sure it was all exaggeration. You will only feel the joy or happiness of owning bitcoins when you see their value increasing. It's true, people should be honest. And what if after you buy bitcoin and its value drops, you will be very disappointed. We buy bitcoin because we want to make a profit so when its value changes we get a feeling.

Mate2237

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There are different feelings and reactions for the first time of owning bitcoin. As for me I started owning bitcoin in this year 2022 through this forum campaigns then later from Binance exchange platform. At first I was wow!!! Till date I can't believe that I am the one that keep bitcoin in my wallets, both decentralized exchange platforms and wallets. And I was thinking that the bear market is affecting my purchase of Bitcoin. And I discovered that the bear market is also good on its own. The only thing that can affect you is when you bought it when the price is high and later the price comes down. All is well. First purchase is always awesome.

SOKO-DEKE

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It always very hard to control the excitement of what you are looking for, for a long time and later got it. Doing my own term when I first received my Bitcoin in my exchange wallet, I was so happy and I even shouted that my parents heard about the sound of joy in me. but it looks like a dream to me, for me been Bitcoin owner do to I always found those holding Bitcoin as a expensive guys and a rich people. But nowadays I do buy frequently anytime money come into my hands.

BitDane

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Quote from: Lida93 on December 03, 2022, 05:45:46 PM

For you how was your own reaction/expression in your first time of purchasing and owning bitcoins, was it so different? I would love to know!

I acted normally, I am not that excited since I think the purchase will not change my life. Though the feeling is somehow fulfilling since I am able to get fraction of Bitcoin into my wallet. I think I feel way happier when I successfully installed electrum to my pc system and be able to generate address where I can put the BTC I planned to buy.

TimeTeller

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Quote from: add1ct3dd on December 04, 2022, 04:23:44 PM

I think we all have in common when it comes to these things and that is we are happy about it. Before, we only saw or heard of btc but now we have it on our own hands. Many things can run in our mind and that are mostly positive. There's this thought that what are the things that I will spend in case my bitcoin profits grow really huge? Negative thoughts can only come later on when we witness that the market is in bearish mode.

It's normal for us to worry or panic but the important thing is to control ourselves and remember what is instructed to us by our mentors or on the sources that we read online by the time when we are still learning.

I got my first satoshis for free as it was sent to me, to prove that btc has actual fiat value.
Of course, I was hesitant at that time, and when I converted it to my currency that's when I believed that btc is indeed legit.
For those newcomers, you can't remove the happiness that they will feel as they will feel they belong to crypto community already.
Some are even bragging on their social media that they own btc, which is not very safe to do so.
Later on, they will understand that it is better to be discreet with your crypto activities as you may be the potential target of scammers.

Lillominato89

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Quote from: Lida93 on December 03, 2022, 05:45:46 PM

Not too quite long I had a section in my home where I had to discuss with some of my neighbors about cryptocurrency/bitcoin and to an extent explained to them how the industry operates and the benefits it can offer. But this is not the actual point of my discussion anyway.
The thing here is that one of the person's I had that round table discussion with was to my oblivion doing some personal research privately about bitcoin based on all she has been told about it for the past many days after that very discussion. And so yesterday she came to me asking that I should assist her in purchasing bitcoin worth about $160 as she is avoiding on making mistake by doing it by herself alone since it's her first time. After every process and the said amount of bitcoin was purchased successfully into her account, immediately there was this expression of the feeling of joy the lady expressed with a wide smiles that seem unending and I was amazed at such level of excitement she showed.

Then after she left, I started asking myself, like did I also acted same way when I first got my own bitcoin or is the lady just been overwhelmed knowing she now own a certain amount of bitcoin or am I missing something as to why she reacted the way she did?

For you how was your own reaction/expression in your first time of purchasing and owning bitcoins, was it so different? I would love to know!

my first investment in bitcoin dates back to 2016, it was my first absolute investment in cryptocurrencies and I was quite happy to take this step, because I knew I was investing for the future, still today I am happy with the choice made

add1ct3dd

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I think we all have in common when it comes to these things and that is we are happy about it. Before, we only saw or heard of btc but now we have it on our own hands. Many things can run in our mind and that are mostly positive. There's this thought that what are the things that I will spend in case my bitcoin profits grow really huge? Negative thoughts can only come later on when we witness that the market is in bearish mode.

It's normal for us to worry or panic but the important thing is to control ourselves and remember what is instructed to us by our mentors or on the sources that we read online by the time when we are still learning.

danadc

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Well, what you did is something very noble, you helped her when many of us learn the hard way, and almost with our hearts in hand, the first time I bought Bitcoin it wasn't much, it didn't even reach 50 usd, but it did I did it with great fear, I did it in localbitcoins, and I was afraid because at that moment I was in my home country and I did not see the person who was selling it to me, his reputation was not so good, I had no choice but to pray that He credited me with my bit of btc, and it lasted 15 minutes, it was the longest 15 minutes of my entire life, because 50usd for me was a lot of money and I could have bought things I needed.

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Quote from: Lida93 on December 03, 2022, 05:45:46 PM

For you how was your own reaction/expression in your first time of purchasing and owning bitcoins, was it so different? I would love to know!

I'm not totally able to buy my first whole Bitcoin since I've been trying out my best on saving it up and accumulate via my earnings online.So it didn't really cost me money but only just hardwork And effort which it did really give out that feeling of contentment on the time that I had reached a whole coin which it did really take me up how many years before reaching my whole coin which there's really that achievement.

There's no impossible if you are really that dedicated and sharing up the opportunity does really give out that kind of feeling that you have shared up something which it migth changed up someone's life.Although it isn't really always talking about on how to make money but at least we've able to share up something which is great to know on. Some might believe on what you are saying but there are people who wouldn't really find these things to be interesting.

Cantsay

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I got my first Bitcoin when I received an Altcoin from an event I participated in.
But they sent my payment to an exchange which required my to complete my KYC but since I wasn't prepared to let them have my details I then decided to swap the alts for Bitcoin since I had no faith in the Altcoin.

It was a little amount though but the price of Bitcoin rose exponentially in that period.

Flexystar

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That's history for me, now I am all surfing through the ocean of crypto space and don't want to recall how I missed the train when bitcoin was 500-700 bucks. Everyday I used to read about it and it's collapse, and how it's not the thing of this world and how I used to stay away from it. However, I somehow managed to dare myself to buy few bits and that was through coinbase initially. It was easy to use wallet and could get your coins exchanged easily. The first bits I bought were around 20-25 bucks. From that day I always used to visit CMC and check the price of bitcoin. I also had this mini task bar installed on my laptop which used to tell me live prices. Apparently bitcoin price rose very high and my bucks were literally doubled in front of my eyes and it just gave me whole new reaction for rest of the time. Then I jumped in with all the energy.

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First Bitcoin I ever got was only exciting in the sense I could play around with it. Wasn't worth much then and still isn't today ($1.70) but it was pretty cool seeing the input and how you could manipulate it and magically conjure it back into another wallet when restoring, and seeing the same value reflected on a blockchain.

Different feeling getting a significant amount as payment for work. Nervous too, making sure no mistakes made sending it to Localbitcoins to sell.

P.S. You mentioned she got it into her account. Might want to ask her to move it into a proper wallet so she does, in fact, own it Wink

aoluain

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Before I received my first Bitcoin I had to do a lot of research and verify what I was doing.

I had to make sure I was in full control of my Bitcoin and to choose a wallet which gave
me FULL CONTROL with private keys.

Receiving the Bitcoin for the first time, I think it was $100 worth gave me mixed feelings,
on one hand it was great to see it landing in my wallet but on the other I was anxious to
get more and make the wallet balance grow!

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My journey on bitcoin started with earning some small amount of Satoshis on faucets, so I guess it is alright to say that I didn't buy my first bitcoin, I earned them through faucets and that made me indifferent.
When I read about people getting excited for purchasing their first bitcoin, I get confused because to me honestly, nothing special with it to be excited about, the only time and day I felt really excited was the day I purchased my first motorcycle and made a full payment of it in bitcoin, it gave me this joy and a confirmation that bitcoin is truly indeed a commodity that can be exchanged for other goods and services and not just kept as an investment, for many weeks, I bragged about purchasing my new bike with bitcoin to my friends, most of them who have heard about bitcoin but don't know much about it all wanted to know how I did it since bitcoin is not yet legally accepted currency in my country, I was happy to tell them.

This was the time i know I was happy, buying or owning my first bitcoin didn't make me happy or sad, I was just in my normal mood.

so98nn

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I remember my journey of owning first bitcoin was through social chatting over the internet. I used to do lot of paid to Click accounts back in 2014. So I met this guy over ptc site from whom I asked help regarding getting bulk referrals etc. He used to take 5-10 bucks and bam on the following day I used get lot of referrals and that too clicking ones.

When I curiously asked him one day how he is doing it then he said “peeps can do anything for Bitcoin”. That was time when got crazy curious about it. I asked him why everyone wants bitcoin so much and if I am paying you on the dollars then how are paying them in bitcoin?

Al the questions started flooding in. Then I slowly started to learn from him about peer to peer buy and sell. Got my first coin from LocalBitcoin. It was dam good journey.

Today here I am with my own Mining Rig, Nano Ledger S, earning bitcoins from multiple platforms and also teaching others about it all the time.

Thanks to that one unknown person whom I never met but he became good friend along the way. (Note: we talk very less these days, we never seen each other but only Chat now and then, miraculous!)

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Quote from: Lida93 on December 03, 2022, 05:45:46 PM

For you how was your own reaction/expression in your first time of purchasing and owning bitcoins, was it so different? I would love to know!

Well its really wonderful to hear that more people are queuing in into the cryptocurrency world. Especially now that the market is favourable for us to buy as much BTC as we can with knowledge and understanding that we get alot from a long time investment by hodling your coins and waiting for the market to be favourable.

For me I got into the crypto world at first with a fearful view toward bitcoin, it wasn't until recently i really understood a little about the crypto world and how it works and after I gained this i was ready to start my bitcoin journey. I bought some few amount of btc in my binance account and the feeling was like i have already started seeing the rising and my money going high. I was happy when i was done with the whole transaction and now am just hodling.......

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