How do you feel when you look at your first Bitcoin wallet? - page 6.

Baki202

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Quote from: Afnan_faizah on September 19, 2023, 09:38:13 PM

Before I made my first btc wallet, I read many threads in this forum and find that theoretically btc price will rise in the future so i save btc as much as I can in my wallet although at that time it's value in not high. mostly I only save my btc. but unfortunatelly at that time I am still too young and my parents have full control of me, when the price is high my parents push me to sell all of my btc, but I am not so happy with that because they made rules which is I am not allowed to buy that btc back. so I think we have some similarity which is regretted to sell or use btc.

Since the economy is not friendly at all, I personally find it difficult to own for the time being, but I will very soon. I want to experience what it's like to have bitcoin in my wallet, knowing full well that it's something someone else can benefit from in the future. However, I'm still trying to stay informed before starting anything and taking into account various factors that will benefit me in the long run, If you don't agree with your parents' decision regarding your bitcoin, I think you should talk to them and explain why. Sometimes our parents can be wrong also. Your decision should be that it will be favorable for you.

OgNasty

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I don’t think you can be depressed about having a lot of BTC traveled through your wallet. It’s pretty cool to say you have transacted in X amount of Bitcoin which today might be a small fortune. I think at one point my wallet showed over a billion dollars in total volume. While that may not exactly be true, it’s still more cool than regretful.

carlfebz2

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Quote from: Odohu on September 19, 2023, 05:07:14 PM

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.

Your not alone my friend because on the time that i do check out my main wallet back in the past when im just starting with Bitcoin or crypto as whole which the incoming and outgoing totaled with 50+ BTC on which
it did really give out that kind of regret that i havent been able to save up even 1BTC out of those coins which i had generated before or earned. It is really that an amount that i could really changed up my life
but since the reality of those times on which it is really that hard to make money on that time since i dont have a work and i would really be needing to cash out and convert those coins into fiat and this what ends up on having no coins at all left. Now i have made out some savings even little by little which are really that intended for long term holds.

Even upto now which it do really give nightmares or having those regrets on what i have missed and this is why even little by little i try to accumulate which somehow do really ease that pain. Cry

Well its never been too late though which there's still some chance on making money or profits. Its not also bad on taking up some consideration on investing with some altcoins too on which
it might give out that kind of chance for you to get rich if you do be able to hit the right one.

bitterguy28

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Quote from: Odohu on September 19, 2023, 05:07:14 PM

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.

you should not feel depressed mate because you clearly mentioned that
the onlyreason why you used Bitcoin in the past is to use as cross boarder sending money
meaning there is nothing in your mind to even Held a small amount leaving in your wallet.
but what made me think is that how long have you been into crypto that you did not realized the value of holding?
because year after year if we stay in this forum , we will see how the best way to treat bitcoin and that is to Hold ,but since you used all the funds in your wallet meaning you care nothing in the past?

moneystery

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pretty sure that most people here feel the same way as you feel where they regret a little because they didn't set aside some of their bitcoins earlier. even though i don't feel the way you do, it can be a lesson for me and other people who are new to bitcoin to keep holding on to bitcoin.

even if it's just a little, it could be a worthwhile investment because no one knows what the future holds for bitcoin and it is very likely that it will be more than it is now.

Bitcoin_people

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Again when the Bitcoin journey started I was not that well experienced and did not have a good knowledge about Bitcoin. In the past I have not been able to accumulate bitcoins due to lack of good knowledge, completed many transactions during that time but never tried to hold on to the investment and lacked patience. But as much as I know about Bitcoin now and what I will get in the future I will definitely keep my Bitcoin as an asset that will help me a lot in the future. Investing in Bitcoin with an initiative to avoid making the mistakes of the past will be a really interesting one. bitcoin is a resource that helps fulfill a person's plans in the future. Although I have wasted a lot in the past but now I will try to accumulate those wastes which can lead me to a better position in the future this virtual asset Bitcoin.

Strongkored

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Quote from: Odohu on September 19, 2023, 05:07:14 PM

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.

You will always use the Bitcoin that you get when you don't have confidence in the development of Bitcoin which always provides profits for long-term holders, and will also use it when the income you get is not enough to meet your living needs, but most often this is when you are not sure about what it means Bitcoin can give if you dare to keep it for the long term.
If you use all these Bitcoins for important and useful things then why regret it, I once sold 1 BTC for no more than $400, which is the stupid act for now but not when selling it because it was decided consciously and for important things.

libert19

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Quote from: Odohu on September 19, 2023, 05:07:14 PM

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 feel same, but it's ok, I'm still glad I was relatively early. I think I had my first Bitcoin wallet on blockchain.info and the address there starts with my online alias, '1Libert', I kinda find it unique. I still have that wallet, although I don't actively use it anymore, due to well it's blockchain.info Grin

Quote from: Smack That Ace on September 19, 2023, 11:19:19 PM

The transactions of OP or anyone in the past are nothing compared to trading 10kBTC just in exchange for 2 pizzas but Laszlo Hanyecz has never felt regretful about that. So why do we always feel regretful about the past?

Laszlo has literally got himself etched into Bitcoin history with this pizza purchase. He's got something to cheer about.

Smack That Ace

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Quote from: zaim7413 on September 19, 2023, 10:55:41 PM

Everything that has happened is in the past, there is no need to regret what happened in the past, just think of it as a beautiful journey since you got involved in Bitcoin. If a squirrel knows it's going to fall, it won't jump. Likewise with all the TX that you have done in the past, if you knew Bitcoin would be this popular and traded at a higher price, of course you would have kept all the Bitcoin you held at that time. I will be realistic about what I have done in the past, I also do not consider this incident as a mistake because every TX that happened at that time I did without any pressure.

The past is something we cannot change, but where the future will go is up to us to decide, so reminiscing about the past and feeling regretful is just a meaningless waste of time. The transactions of OP or anyone in the past are nothing compared to trading 10kBTC just in exchange for 2 pizzas but Laszlo Hanyecz has never felt regretful about that. So why do we always feel regretful about the past?

It's difficult to understand that many people always look back on the past and have regrets while the future is still waiting for us with better things. Honestly, I really hate people who like to talk about the past and always make "what if" hypotheses. If everyone knew the future, would this still be called life?

adaseb

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I remember when bitcoin was $50K. I found some old wallets with like 0.00015BTC or 0.00025BTC and I decided after like 8 years to finally spend this dust.

When bitcoin was $200. I would just round the balances because it was worth very little back then so if I had 1.00015 BTC, I would just send the 1 BTC because it wasn’t worth typing in the rest since it was worth like a penny.

Even did this with ETH and LTC which also exploded in price.

Don Pedro Dinero

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Quote from: Odohu on September 19, 2023, 05:07:14 PM

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.

Well, in my case I have saved some, so I don't feel as bad as you do, but the opposite happened to me because I realised that even if I had kept it all, it wouldn't have changed my life. I would have more bitcoin, yes, but not enough to quit my job and retire, for example.

I see you live in Nigeria, so I guess the amount that has passed through my hands and that I could have saved more would have made a significant difference there.

Venik

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I'm looking at it every day since I'm still keeping it in OWNR wallet. I never sold any BTC so I don't have any regrets, I just wish sometimes I bought more when it was cheaper, but I suppose everyone feels that sometimes.

zaim7413

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Everything that has happened is in the past, there is no need to regret what happened in the past, just think of it as a beautiful journey since you got involved in Bitcoin. If a squirrel knows it's going to fall, it won't jump. Likewise with all the TX that you have done in the past, if you knew Bitcoin would be this popular and traded at a higher price, of course you would have kept all the Bitcoin you held at that time. I will be realistic about what I have done in the past, I also do not consider this incident as a mistake because every TX that happened at that time I did without any pressure.

adzino

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Quote from: Odohu on September 19, 2023, 05:07:14 PM

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.

What's there to be depressed about? Like you said, you had to use it to make cross border transactions because there were lots of restrictions on your country. You should be happy because you were able to use bitcoin the way it was meant to be used. And don't regret looking at your wallet. You need to learn to move on from the past. And you aren't the only one here. I am sure 99% of the regular bitcoin users would also regret if they look at their wallets now. So instead of regretting, invest more, save what you can and spend the rest like always.

Despairo

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There's nothing wrong, similar like how Laszlo spend 10,000 Bitcoins to bought 2 pizzas, many people saying he's stupid since if he hold his coins until now, he will become a billionaire. The thing is, if he did not use Bitcoin as a currency in that time, Bitcoin price might not be like now.

So Laszlo did right and everyone that ever send or use Bitcoin when the price is still cheap, you're also being a part of contributors.

Asuspawer09

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Quote from: Odohu on September 19, 2023, 05:07:14 PM

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.

In the past year, I have invested in Bitcoin probably starting around 2017 when I was just a student I did not really have money to invest at that time so I needed to make some side hustle in order to make investments, It was really depressing as well seeing I started when Bitcoin it was only around 400$ as far as I remember, So probably I did make a good amount of money if I really just invested in cryptocurrency that time, The thing here is I just end up selling my small investment that time because my mindset wasn't really right that time since I just wanted to make profit and spend it to my wants not thinking for my future.

But now I have started accumulating again after the last Bullrun when the market dropped and I did learn my lesson last time, now that I have multiple income streams I can easily hold my Bitcoin and I already accumulate a good amount of Bitcoin investment in my wallet, I keep in track of my spending and hoping I will be able to invest more in the future not making the same mistake I did in my past years. So in my coming Bullrun, I can sure earn a huge profit.

Afnan_faizah

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Before I made my first btc wallet, I read many threads in this forum and find that theoretically btc price will rise in the future so i save btc as much as I can in my wallet although at that time it's value in not high. mostly I only save my btc. but unfortunatelly at that time I am still too young and my parents have full control of me, when the price is high my parents push me to sell all of my btc, but I am not so happy with that because they made rules which is I am not allowed to buy that btc back. so I think we have some similarity which is regretted to sell or use btc.

Best-mary

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OP, you're not alone. Literally, all of us missed the opportunity when Bitcoin was nothing. We never knew it was going to be something now. But are we going to keep complaining about missing out in that early stage? The answer is No. For me, I still see the opportunity to get Bitcoin. Is not yet at $60k. Been using Dual Investment on it. When the price goes down it will take on that. You know we need to plan ahead as well

Lorence.xD

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Of course if we'd compare our first wallet to our current wallet and simply checked the history it's actually regretful but I take it as part of my experience, because back then we were actually not that skilled and experience into this industry, so whenever we have the chance to convert it into fiat, we always take our chances and not leaving and holding even a small amount of Bitcoin into our wallets. But for sure, it has helped us to provide our needs and I've actually enjoyed my time back then without overthinking about saving which is the opposite of the current me.

Agbe

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Op this your story does not look nice with me, you join or use bitcoin because you wanted make cross boarder transaction or payment? To pay what and in which platform? And till now you still have that misconception of bitcoin by saying that bitcoin create wealth. Bitcoin is normal money for online and just like the fiat money we use every day. People can be bankrupted by bitcoin and we have seen it in the industry from several people. And that only difference between the fiat and bitcoin, bitcoin is decentralized but fiat is not, bitcoin appreciate in value but the fiat is not. Op I will want you to remove this mindset of bitcoin create wealth in the future because you might be disappointed from that thinking. And the way you said, make you to join bitcoin is not clear for me. Another question I will like to ask is, which work are you doing?

Topic: How do you feel when you look at your first Bitcoin wallet? - page 6. (Read 1130 times)