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Topic: How do you feel when you look at your first Bitcoin wallet? - page 4. (Read 1051 times)

sr. member
Activity: 1820
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For me, it was a Coinbase wallet that got deactivated and still, there are some sats in there that they're telling me to withdraw but I'll have to pay half of the amount in fees, so i don't care about that since it's not that much.

When I think about coinbase wallet... it's not much about feeling if I'm honest... It's about how much I used that wallet for ins.. and outs for gambling purposes and that they made it clear in their ToS that their wallet should not be used for gambling websites which I was unaware of at the time and my wallet was deactivated... Luckily there weren't any bitcoins in the wallet at the time.
sr. member
Activity: 2016
Merit: 281
Seabet.io | Crypto-Casino
~snip~

Just recently, I was tempted to check my first ever Bitcoin wallet to see what I have done in the past. I was so depressed seeing the volume of Bitcoin that have passed through my wallet without me saving a reasonable portion of it.

I have the feeling that many forum users too have similar experience; do kindly share just maybe I can feel a little better knowing that I'm not a lone.

This is a common experience for every individual, especially everyone on this forum
if we talk about the past, I think almost everyone has made the mistake of not saving their bitcoins and not collecting bitcoins when the price was still cheap to be used as a long-term investment, but at that time we noticed that many people preferred to spend their bitcoins rather than use them as investments. and there were also those who only used bitcoin for transactions because at that time everyone thought bitcoin would not get a high value and would not be able to get the big popularity it has today.
hero member
Activity: 2254
Merit: 658
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My journey into Bitcoin was entire due to the need to send payment across borders as there was FX and several other restrictions in my country. So, I joined Bitcoin just to use it for cross-border payment without knowing it could actually be a way of creating wealth in the future.

Just recently, I was tempted to check my first ever Bitcoin wallet to see what I have done in the past. I was so depressed seeing the volume of Bitcoin that have passed through my wallet without me saving a reasonable portion of it.

I have the feeling that many forum users too have similar experience; do kindly share just maybe I can feel a little better knowing that I'm not a lone.


The first Bitcoin wallet that I have installed was way back 2014. It was a centralized and government-regulated wallet known as Coins PH. At first, I did not really feel anything bad or good regarding the wallet because I do not have any good knowledge regarding Bitcoin yet.

But I also remember about installing Blockchain Wallet, which is my first ever non custodial wallet that I have created. Due to my mindset back then, I wasn’t able to load any of my wallets and ignored them for like 3 1/2 years.

Around mid-2017, I successfully earned my first BTC (in sats) to my Coins PH for writing an article in an esports blog. Just to summarize, it was a good start to exposing myself to Bitcoin and in the world of cryptocurrencies.
copper member
Activity: 2156
Merit: 536
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I remember first wallet I used was an online wallet and probably coinbase. I knew about crypto currency or specifically about Bitcoins through gambling only. At that time PrimeDice and Bitsler was at huge peak, and I got a recommendation video on Youtube regarding the gambling at both. So I found out about Bitcoins from those videos only, and in order to buy and store Bitcoins I used coinbase. I didn’t transact a lot in the wallet, but yes when I visit the wallet, I feel nostalgic.
hero member
Activity: 616
Merit: 732
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Good question.
I would like to answer that but I can't. My first wallet was on an iphone 4 I remember and it still held some coins when the phone crashed and died on me.

Back then I didn't think too much about it since it was only around 0.06 btc on it, which was like 20-30$ at the time approximately. Since I was quite new to crypto and clueless I didn't really bother to keep the recovery phrase safe as well.

Long story short, those coins, now worth 1500$, are lost forever.  Roll Eyes
hero member
Activity: 1554
Merit: 877
Just recently, I was tempted to check my first ever Bitcoin wallet to see what I have done in the past. I was so depressed seeing the volume of Bitcoin that have passed through my wallet without me saving a reasonable portion of it.

I have the feeling that many forum users too have similar experience; do kindly share just maybe I can feel a little better knowing that I'm not a lone. 
I don't know what the purpose of your initial wallet check is, but if I'm not mistaken maybe you are observing the number of transactions that have been made through that wallet, so that a very large volume of bitcoin prices comes out if at that time bitcoin is not being sold. Several times I have also experienced something similar, where when I opened my first wallet it looked amazing and if at that time Bitcoin was not sold, maybe at the next ATH the figure would be much bigger.

What is certain is that you are not the only one experiencing this problem and almost many people have experienced that. Regret or whatever is no longer of any use and what we need to do now is how to collect as many bitcoins as possible to use when ATH returns.
sr. member
Activity: 882
Merit: 272
I don't forget to live, this is what I think about when I look at my first Bitcoin wallet, I don't feel sad because I don't hold my Bitcoin, but I have to survive right? I used all I have to get some Bitcoin and I sold because I lack some good income, so no regrets.

There is time for everything like my people used to say, now that I am managing a real-world business I can invest and won't bother trying to sell because I have something else I use to settle my bills and pay my rent, I am good.

Even if I plan to hold for many years I won't have any problem, I believe that the reason why people find it difficult to invest in peace without touching their Bitcoin is because they have no other source of income, which is why I like advising people, newbies, for example, to always have jobs before thinking about investing.
hero member
Activity: 616
Merit: 749
Just recently, I was tempted to check my first ever Bitcoin wallet to see what I have done in the past. I was so depressed seeing the volume of Bitcoin that have passed through my wallet without me saving a reasonable portion of it.
I have the feeling that many forum users too have similar experience; do kindly share just maybe I can feel a little better knowing that I'm not a lone.

We shouldn't live our life on regrets because it'll always have a negative impact and affect the next decision you make, it'll make you second guess the decision you make and that's not always good. Did you use the Bitcoin you had in your first wallet to take care some bills or for other important things. If you use your Bitcoin well, you shouldn't blame yourself because not everyone is in a good position to always saved, now that you're in a good position you can start saving.

It's not late yet, I can't remember the first Bitcoin wallet I used and I'm not sure it'll still be in existence or popular because many Bitcoin wallet get outdated as improved ones are getting developed. In my earliest days of investing, my Bitcoin was used for my schooling.
sr. member
Activity: 392
Merit: 197
The bitcoin wallet I'm using now is the past, present and future for me because it's my first bitcoin wallet. I never want to lose access to this bitcoin wallet of mine. Everyone has made some mistakes in the past and many have lost their wallets due to some past mistakes so I am trying to learn from their mistakes and how to keep my wallet safe. I don't want to make a mistake that I will regret in the future. One of the most important things for a Bitcoin user is his wallet. If your bitcoin wallet is not kept safe, even if you make a huge amount of money by investing, that profit will never work for you. 

When I have bitcoins in my wallet and only I have access to that wallet, we can do anything with those bitcoins. So keeping our wallet safe is very important.
legendary
Activity: 2422
Merit: 1036
Chancellor on brink of second bailout for banks
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Just recently, I was tempted to check my first ever Bitcoin wallet to see what I have done in the past. I was so depressed seeing the volume of Bitcoin that have passed through my wallet without me saving a reasonable portion of it.

I have the feeling that many forum users too have similar experience; do kindly share just maybe I can feel a little better knowing that I'm not a lone.

In the past 3 years or more, I've always been spending the Bitcoins that I get from signature campaigns. Just imagine that, I've been paid weekly thru Bitcoins, but most of them are being converted to our currency, and being used to pay bills, or buy something.

What's considered "a reasonable portion" for you? How much is that? You might have 1 Bitcoin, but you can't consider it as reasonable. On the other hand, you can have 0.01 BTC, and can be considered reasonable. I mean what's important is that, you are keeping a portion of Bitcoins that you are getting. Like what I've said, I've been spending the Bitcoins that I'm getting in signature campaigns for the past 3 years or even more, but the good thing is that, I always keep a week of the Bitcoins that I'm getting, and holding it.

Quote
Re: How do you feel when you look at your first Bitcoin wallet?
None.

Call me emotionless or whatever, but I don't feel anything at all. Sometimes I had this feeling where I want to add more Bitcoins into that wallet, but aside from that, nothing at all.
sr. member
Activity: 2800
Merit: 344
when lambo...
Well, upon looking at my wallet, I can't really imagine the total amount deposited in it and I was thinking if I'd never spent them every time I received payment, that was huge. But I also think that Bitcoin is not meant for just holding instead, it should be circulated and available in the market. However, despite what happened as I emptied my wallet most of the time, I was also happy that I'm one of thousands or millions of people who benefit from Bitcoin.
(Maybe) I was not really good at holding but I spend my Bitcoin for some reason as well.
hero member
Activity: 2968
Merit: 913
My journey into Bitcoin was entire due to the need to send payment across borders as there was FX and several other restrictions in my country. So, I joined Bitcoin just to use it for cross-border payment without knowing it could actually be a way of creating wealth in the future.

Just recently, I was tempted to check my first ever Bitcoin wallet to see what I have done in the past. I was so depressed seeing the volume of Bitcoin that have passed through my wallet without me saving a reasonable portion of it.

I have the feeling that many forum users too have similar experience; do kindly share just maybe I can feel a little better knowing that I'm not a lone.


My very first Bitcoin wallet was a Localbitcoins account wallet, which I've created back in 2015. Localbitcoins had to shut down in February 2023, so there's no way for me to visit and see my first BTC wallet(and there's no point for me to do as well).
There's no point of feeling regret about the Bitcoins, which you have spent in the past. Bitcoin was created with the purpose of being sent and received, not hoarded until the price hits the moon. The current state of BTC is a deviation of it's true purpose. Is there anything written in the original Bitcoin whitepaper about HODLing and waiting for the price to hit another ATH, so could sell and get more fiat money? No!
sr. member
Activity: 1246
Merit: 356
SOL.BIOKRIPT.COM
That's what I feel too. I was into think, "If only I didn't sold my earnings from Bitcoin I became rich now." But we have to accept that we can't go back time. Remembering those bad things in life sometimes can lead to negativity. So beware and make sure that it motivates you so that it will help you to reach your goals in the future.

Instead of regretting, I used to think about the excellent things that Bitcoin has brought into my life.
hero member
Activity: 1736
Merit: 589
Nostalgic really, and nothing else.

I still pretty much use the same old wallet I had over a couple of years ago, as a safety repository where I keep a portion of my bitcoin earnings, so it's not like I completely ditched it off or whatever. It's practically safe from the internet after all so I don't see any need for me to throw a completely viable and safe method of keeping my money. But yeah everytime I open it I get hit with the sudden feeling of nostalgia, reminding me that years ago this was fat and full, emptied, barely clinging to life as I withdrew most of my assets, and more. It was basically one of the witnesses of my bitcoin journey and I am very happy that I came upon it, had it not been for its secure and well, adequate features I prolly would've quitted using bitcoin years ago.
legendary
Activity: 2842
Merit: 1253
Just recently, I was tempted to check my first ever Bitcoin wallet to see what I have done in the past. I was so depressed seeing the volume of Bitcoin that have passed through my wallet without me saving a reasonable portion of it.

I have the feeling that many forum users too have similar experience; do kindly share just maybe I can feel a little better knowing that I'm not a lone.


I feel the other way around, when I looked at my first Bitcoin wallet I remember the feeling of being excited and proud that I am able to setup my first Bitcoin wallet.  A feeling of déjà vu when I first known Bitcoin.  I do not get depressed seeing that the first address has no funds in it.  After all, it can easily have funds if I wanted to since I got my weekly Bitcoin payment from the campaign I am enrolled with.
sr. member
Activity: 2366
Merit: 448
SOL.BIOKRIPT.COM
I think most people will feel the same way, and as they feel now, there will be regrets later and feeling the way we felt before. And things like this are normal events that will happen to any investment, and regret it after seeing the development.
And it will all be a very valuable experience and learning, and even those who are new will feel the same way and we should not feel the same way as them. So we should start as soon as we realize it, and not use it at all, save money, only sell some of the profits if we need it or just enjoy the profits. And those are all the best choices, and continue to buy within your means or do the DCA strategy, and make the past your motivation.
legendary
Activity: 1792
Merit: 1296
keep walking, Johnnie
My journey into Bitcoin was entire due to the need to send payment across borders as there was FX and several other restrictions in my country. So, I joined Bitcoin just to use it for cross-border payment without knowing it could actually be a way of creating wealth in the future.
Well, it’s great that you have discovered another useful property of the bitcoin. Indeed, bitcoin is a unique instrument that performs completely different functions in the hands of different people. For a trader - one thing, for an investor another, and in your case - cross-border payments. What’s also surprising is that this is not the entire list of possibilities.

Just recently, I was tempted to check my first ever Bitcoin wallet to see what I have done in the past. I was so depressed seeing the volume of Bitcoin that have passed through my wallet without me saving a reasonable portion of it.
Nothing can be done about this. The leaved btc's can't be returned, but you can get new ones. By the way, what volume of bitcoins went through your wallet? I was just curious.

I have the feeling that many forum users too have similar experience; do kindly share just maybe I can feel a little better knowing that I'm not a lone.

In this case, accepting the fact that these bitcoin can't be returned will help you feel better. Get rid of past thoughts to open up new opportunities for yourself to receive new btc.
sr. member
Activity: 2590
Merit: 322
SOL.BIOKRIPT.COM
My journey into Bitcoin was entire due to the need to send payment across borders as there was FX and several other restrictions in my country. So, I joined Bitcoin just to use it for cross-border payment without knowing it could actually be a way of creating wealth in the future.

Just recently, I was tempted to check my first ever Bitcoin wallet to see what I have done in the past. I was so depressed seeing the volume of Bitcoin that have passed through my wallet without me saving a reasonable portion of it.

I have the feeling that many forum users too have similar experience; do kindly share just maybe I can feel a little better knowing that I'm not a lone.

Honestly after going through my Blockchain wallet which was my first ever wallet used for receivng, accumulating and subsequently selling almost all the Bitcoin due to some expenses needed in those days I do close the wallet immediately to avoid getting worried and blaming myself for the sell of the coin infact those period when it price was still very low, infact it's an experience I don't really like to recount, I had already switched over to another wallet just to avoid checking the past history of my former wallet, though the sold coins was exchanged to fiat and expended on a project which is a physical asset thus I have a little regret for selling my coin.
sr. member
Activity: 1596
Merit: 264
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Well back then I was kinda not really trusting myself hodling these wallets in my own so I relied on web wallets like Coins PH which is a localized crypto wallet here in my country. Kinda convenient to get myself started but as time goes by, I realized how unreliable web wallets are especially when you hold so much crypto that the people behind it might question why you're hodling that much Bitcoin and where did you obtain that amount.

Switched to desktop wallet that isn't connected to internet so that it would be pretty isolated to say the least. I felt more secured but not perfectly secured unlike when I tried hardware wallet. I also had the tempt the same way as yours but meh.
hero member
Activity: 2044
Merit: 784
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I don't have access to my first wallet anymore and I think I wouldn't like to keep digging past history of transactions and wallet's funds, because it must be really depressing and painful to see how much you have already moved around, used for purchases, failed investments and gambling. Better to look only to the present moment and for what is going to happen from now on, aware that mistakes from the past can't happen again.
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