How I got started with Bitcoin and how it is blessing for me?

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Quote from: SAHASAN on November 19, 2023, 10:01:14 AM

In 2020 I was able to withdraw my profits from Bitcoin and got married and had a child in 2021 when Bitcoin was at $70,000.

It good to know that Bitcoin is actually changing lives, and helping people take bold step into getting married and having children, but did I just hear you said you could for profit when Bitcoin was $70,000? Because Bitcoin has never gotten to that amount, of which the current All Time High we know is $67,566.83 which took place on Nov. 8, 2021 and not $70,000. But if that's what you meant, them I hope I didn't spend all your Bitcoin savings, because just as you were able to reap massive returns of investment for your money, if only you could buy and hold more longer, you are likely to reap more profits, instead of leaving your money lying in traditional banks where it yields little or no returns of investment.

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To tell the truth, I am an only child from a poor family, my father left me no property or bank balance.
Embarrassed

Sharing of personal information on an anonymous forum like this, I think is not necessary, as you literally would made this post without added this caption above, because with this, you are kind of portraying 'pity' here on the forum which adds no value here on this community, and as such, It will be best if next time you could just focus on value and obedient to forum rules, as you are rest assured of growth.

Hewlet

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Quote from: SAHASAN on November 19, 2023, 10:01:14 AM

So it looks like 2014 I know about Bitcoin.
In 2017 I understood and invested in Bitcoin
In 2020 I was able to withdraw my profits from Bitcoin and got married and had a child in 2021 when Bitcoin was at $70,000.
And now I have again started making small investments in Bitcoin to contribute to my future generation. Cool

Your journey is quite amazing. Not most people knew about Bitcoin this early and even most of the ones that knew about it never saw a reason to invest in it. That you even made out profit from your initial investment is a strong motivation not only to yourself as you start up your journey again, but also to the average person who is just joining the family from scratch.

Kelvinid

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The story of yours OP tells us how important to use our money wisely and even if we come from poor family but have a good way of spending our money, it certainly will grow. Many people neglected to invest in Bitcoin 10 years ago but now, they regret from missing the chance and you made it right.

Investing in Bitcoin is really profitable but this won't really work for those investors who are impatient. That is why not all who invested in crypto ended just like you, some had also suffered losses and feel regrets.

fuguebtc

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Quote from: barisbilgili on November 20, 2023, 04:27:55 AM

Quote from: fuguebtc on November 20, 2023, 03:40:51 AM

In my opinion, taking profits is never wrong and as long as we are satisfied with the profits we have then we have the right to sell bitcoins at any time. But what I see is that many people like to criticize others when they sell their bitcoins . They do not notice that each person's situation will be different, not everyone has the same situation. I believe that no one wants to sell bitcoin too early but for their livelihood, they need to do it. Furthermore , they sell when they make a profit and will buy back when the price corrects, which also gives them a larger profit, so there is nothing wrong with that. We should stop criticizing those who are selling bitcoin because we are not them.

Enjoying the results we have gotten from the investments we have made, I think is a natural thing for everyone who has invested or traded with Bitcoin and also everyone has different financial conditions from others, so if there are people who have to sell early Bitcoin before they make a profit, of course they don't prepare funds for other needs first, so they have to sell the assets they own to be able to meet the needs they need.

Indeed, I find it normal to sell bitcoin because everyone has their own reasons. But there are too many graceless people who like to criticize others when it is not their investment and they don't even have bitcoins to sell, but they like to criticize those who sell bitcoins early. Just like the story of Laszlo Hanyecz, he made history when he bought pizza with bitcoin to prove to the world that bitcoin works as a currency. That was truly a milestone that created history for bitcoin, but there were people who came later who didn't have much bitcoin but always proved to be right when they said he was stupid to sell bitcoin at that price. Too many people have short-sighted thinking in the market.

Blitzboy

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It is admirable that you have gone from being a novice in 2014 to seeing its potential in 2017, and now you are reinvesting with a plan for the future of your family. A move toward democratized finance, Bitcoin is more than just a currency. Your narrative exemplifies how Bitcoin can change lives, especially for individuals from less fortunate origins. Making money is only one aspect of it; other goals include removing obstacles and fostering opportunity. A lot of people may learn from your financial plan because it is informed and grounded in hope. In your possession, bitcoin becomes a motivator for overcoming personal adversity as well as a tool for financial gain. Continue down this route; your tale serves as an inspiration to a great number of others, demonstrating how Bitcoin may be used for purposes beyond profit.

lovesmayfamilis

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It is the story of a man who should have made good money from Bitcoin's rise, but it was never worth the price the OP talks about. But the history of posts suggests that participating in a bounty does not resemble the person who knows how to trade forex and recently earned a decent amount on investments. Perfectly, Bitcoin can convey both joy and happiness, as the OP writes, but posts that are not hidden and can be read tell a completely different story. Fantasy is presented as reality; that’s what the OP wants to say.

ancafe

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Quote from: SAHASAN on November 19, 2023, 10:01:14 AM

In the end, I want to say one thing, in fact Bitcoin has not only worked as a support for my life, but after learning the details of its method, it has transmitted a kind of happiness, hope, trust and cheerful life energy in my mind.

Because my teenage life was spent in depression and deprivation. So I think bitcoin is Blessing for me which can bring real power for my life.

There is nothing wrong with the way people enjoy happiness from the results of investing in Bitcoin and that is how humans face life when they are well prepared. Bitcoin can provide options for anyone who can take advantage of it and bitcoin can provide the freedom to choose wise decisions to maintain the value of the currency we have. The problem is when you no have the money to invest and this reason will be a problem that can prevent someone from investing in Bitcoin.

But when you have a firm intention towards bitcoin this is not a problem because you can invest small amounts in stages or what is called using the DCA method and strategy. Remain firm in your principles and if you think Bitcoin can bring you happiness, continue to make purchases according to your financial capabilities and I am sure that one day you will achieve much better financial freedom.

lienfaye

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Quote from: SAHASAN on November 19, 2023, 10:01:14 AM

In the end, I want to say one thing, in fact Bitcoin has not only worked as a support for my life, but after learning the details of its method, it has transmitted a kind of happiness, hope, trust and cheerful life energy in my mind.

Good for you. Those who experienced the significance and benefit of investing in Bitcoin will say nothing but nice words on how it changed their lives for the better. I became aware of Bitcoin during its early years too but didn't invest and just ignore it since I don't have idea that this will become a big thing in the future. It's already late before I realized my mistakes but that experience became a lesson for me to not miss the opportunity again.

Hence, i'm also fortunate that Bitcoin influence me positively. Although I don't think it is wise to rely solely on Bitcoin as main source of income for a living. I prefer to hold (and take profit at times) and wait for my target price while having a main job to give me a stable income.

Silver005

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From struggling to thriving: How Bitcoin changed my life for the better
When I first heard about Bitcoin, I was skeptical. I had heard about the volatility and the risk, and I didn't see how it could possibly benefit me. But as I learned more, I began to see the potential for Bitcoin to improve my life.
I decided to start small, buying just a small amount of Bitcoin with the money I had saved. I watched the price rise and fall, and I learned more about the technology and the community. Over time, my investment began to grow. I was able to use the profits to improve my life in many.. and I am so grateful to have known Bitcoin and was able to start it up..

ways. I paid off some of my debts, saved for my retirement, and even started my own business. I am now able to support myself financially, and I have a much brighter future thanks to Bitcoin.
I am grateful for the opportunities that Bitcoin has given me. It has allowed me to be more independent, and it has opened up new doors for me. I am excited to see where the future of Bitcoin takes me, and I am grateful for the blessings it has brought to my life. If you're interested in learning more about Bitcoin, I would encourage you to do your own research and start small. It could change your financial problem..

Yatsan

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Quote from: tjtonmoy on November 20, 2023, 02:43:09 PM

For someone it is a blessing but for someone it is a curse. I say this because, in cryptocurrency market or any kind of market, when someone is making a profit, some other people are losing. You cannot create Bitcoin out of thin air so when you make a profit out of it someone else is losing. The same thing could happen to you too. And when you lose, someone else will be making profit out of your loss. And you don't want to be on that side of the road. But it is unavoidable when you are into Bitcoin investment.

So my advice for you is to diversify your investment into multiple sectors. If you become dependent on one investment then you become vulnerable to that. You can either get a profit or you can lose everything if it's gone. it is better to have multiple options in hand in case anything goes wrong with one. Always having backup plan is the best way to go on in life. Maybe you can do good in life and consider Bitcoin as a blessing but you should never stop there. Spread your wings and fly more.

A more realistic point of view; aside from those who feel blessed of this technology there are people who also views it negativeky and that's a part of it. This simply shows that investors should still be careful of their actions despite of positive stories told by the others. Issues won't be gone in an instant and is somehow necessary to us to be more cautious of our decisions with our holdings.

Quote from: flyingcarpet on November 20, 2023, 04:25:18 PM

Quote from: mk4 on November 19, 2023, 10:24:43 AM

Quote from: Odohu on November 19, 2023, 10:13:33 AM

Obviously you got into Bitcoin early enough. Unfortunately you made the mistake of many which is the infamous "taking profits". The story is always the same for a lot of the early adopters of Bitcoin with few able to see beyond the immediate profits and held even up till now.

"Taking profits" isn't really bad if you're going to use the money for something that's important lol (OP had a child, assuming the story is true). We shouldn't really be demonizing selling bitcoin because not everyone is selling their bitcoin for panicking reasons.

The purpose of investing is to benefit from it when the time comes. I think the OP did this too. As you said, we should not see selling Bitcoin as something wrong. Moreover, OP started investing in Bitcoin again.

Bitcoin has always provided returns in the long run. The longer we wait, the more return we can get, but life circumstances sometimes cause us to sell our Bitcoins. Not everyone's target price is the same. Once Bitcoin reaches any investor's target price, that investor can sell his Bitcoin and do whatever he wants. There is nothing more natural than this.

No one and nothing requires us to just hold forever. As long as you are earning profit from your investment then that would be fine. If you choose to sell then that is your rights as an investor. We have different risk tolerance which should be an enough explanation to why people are selling earlier than the others or than what's ideal. The market is volatile in nature and we can make another entry to our own likeness.

flyingcarpet

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Quote from: mk4 on November 19, 2023, 10:24:43 AM

Quote from: Odohu on November 19, 2023, 10:13:33 AM

Obviously you got into Bitcoin early enough. Unfortunately you made the mistake of many which is the infamous "taking profits". The story is always the same for a lot of the early adopters of Bitcoin with few able to see beyond the immediate profits and held even up till now.

"Taking profits" isn't really bad if you're going to use the money for something that's important lol (OP had a child, assuming the story is true). We shouldn't really be demonizing selling bitcoin because not everyone is selling their bitcoin for panicking reasons.

The purpose of investing is to benefit from it when the time comes. I think the OP did this too. As you said, we should not see selling Bitcoin as something wrong. Moreover, OP started investing in Bitcoin again.

Bitcoin has always provided returns in the long run. The longer we wait, the more return we can get, but life circumstances sometimes cause us to sell our Bitcoins. Not everyone's target price is the same. Once Bitcoin reaches any investor's target price, that investor can sell his Bitcoin and do whatever he wants. There is nothing more natural than this.

carlfebz2

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Quote from: SAHASAN on November 19, 2023, 10:01:14 AM

It was 2014 when I first came to know about Bitcoin.
I didn't know much about Bitcoin back then just buy and sell and forget. Huh

But I got to know about the real value of Bitcoin during the bull market of 2017 and I fell in love with Bitcoin ever since and started accumulating Bitcoins through my small investments. Cheesy

So it looks like 2014 I know about Bitcoin.
In 2017 I understand and invest in Bitcoin
In 2020 I was able to withdraw my profits from Bitcoin and got married and had a child in 2021 when Bitcoin was at $70,000.
And now I have again started making small investments in Bitcoin to contribute to my future generation. Cool

Sorry for writing so briefly.
To tell the truth, I am an only child from a poor family, my father left me no property or bank balance.
Embarrassed

In the end, I want to say one thing, in fact Bitcoin has not only worked as a support for my life, but after learning the details of its method, it has transmitted a kind of happiness, hope, trust and cheerful life energy in my mind.

Because my teenage life was spent in depression and deprivation. So I think bitcoin is Blessing for me which can bring real power for my life.

Well, tons of people had really have that kind of experience on which Bitcoin profits did really make such changes in life or something that being beneficial to them. If you've been able to save up coins into those early years then you might really be that rich now even if we do say that you do only get or saved up a few coins but well we do know that life situations is really that different to each other on which means that
it is really that unavoidable for you to spend up your coins which i could really be able to do so considering that i have done on the same thing. I have known Bitcoin with those years
but because of real life hard situation then i do really make spend of those coins and actively really that making a conversion to fiat on which it did really make me that able to miss out those
golden opportunities on being becomg rich when those Bullrun thing happens.

tjtonmoy

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For someone it is a blessing but for someone it is a curse. I say this because, in cryptocurrency market or any kind of market, when someone is making a profit, some other people are losing. You cannot create Bitcoin out of thin air so when you make a profit out of it someone else is losing. The same thing could happen to you too. And when you lose, someone else will be making profit out of your loss. And you don't want to be on that side of the road. But it is unavoidable when you are into Bitcoin investment.

So my advice for you is to diversify your investment into multiple sectors. If you become dependent on one investment then you become vulnerable to that. You can either get a profit or you can lose everything if it's gone. it is better to have multiple options in hand in case anything goes wrong with one. Always having backup plan is the best way to go on in life. Maybe you can do good in life and consider Bitcoin as a blessing but you should never stop there. Spread your wings and fly more.

Antotena

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Quote from: SAHASAN on November 19, 2023, 10:01:14 AM

It was 2014 when I first came to know about Bitcoin.
I didn't know much about Bitcoin back then just buy and sell and forget. Huh

But I got to know about the real value of Bitcoin during the bull market of 2017 and I fell in love with Bitcoin ever since and started accumulating Bitcoins through my small investments. Cheesy

Why does this sound like cook up lies that was marinated from in existence? You happen to register in 2020 in the Forum but you have got to know bitcoin and used it since 2014? And yet your mode of interaction seems like someone who is new to this bitcoin. I have seen some renowned bitcoin OGs that love bitcoin and have been doing it for long and when they write, you will know it's them.

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So it looks like 2014 I know about Bitcoin.
In 2017 I understand and invest in Bitcoin
In 2020 I was able to withdraw my profits from Bitcoin and got married and had a child in 2021 when Bitcoin was at $70,000.
And now I have again started making small investments in Bitcoin to contribute to my future generation. Cool

Sorry for writing so briefly.
To tell the truth, I am an only child from a poor family, my father left me no property or bank balance.
Embarrassed

In the end, I want to say one thing, in fact Bitcoin has not only worked as a support for my life, but after learning the details of its method, it has transmitted a kind of happiness, hope, trust and cheerful life energy in my mind.

Because my teenage life was spent in depression and deprivation. So I think bitcoin is Blessing for me which can bring real power for my life.

When did bitcoin touch $70k? It was even at $68k which were few in some exchanges and it never spend much time there, it did crawled back to 60k to 50k level before redoing retest of the level and then crashed started, only few will have the chance to sell their bitcoin in that price but let assume it's true. What exchange did you keep your bitcoin since 2014 to now.?

Binance that I think you might love dearly wasn't around in 2014, it was in the 2017 they came into business but your story is contradicting, any way if you really had some profit back then, wish you more enjoyment and wealth but something is not adding up about this story.

atamism

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Bitcoin introduced to me back 2017 by my friend. Back then Bitcoin was like $1,500 and I don't have any idea how bitcoin works. He also help me earn here in forum, we participated in signature campaign and every air drop. Bitcoin is a blessing to me, because I am graduating and it pays my thesis and allowance back then. It also help me to have a little saving and started to invest in some coins.

AnonBitCoiner

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First of all you work hard and continue you life with great efforts and don't loss hope at last you make a family through Bitcoin's investment so it is highly appreciative. It is true that bitcoin investment can provide a way of happy and healthy life but a person should invest on proper time because every time is not profitable for buying and selling bitcoin.
A person can share his Bitcoin's knowledge with his children just in his life because people are cruel so if they find any information related to bitcoin they will not convey your message to your children but will use Bitcoin's profit for himself as money is not Easy to give to someone else.

michellee

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Bitcoin is a blessing for people who are willing to learn and use it. You are lucky to have received the benefits provided by Bitcoin. You should be able to continue investing in Bitcoin even with small amounts of money. Everything starts from small things and if you keep doing it, you will definitely get big profits.

And if later you see the Bitcoin price can get a new ATH price, you can sell it to get a big profit, depending on the amount of Bitcoin you have. That's why we should all take advantage of the time we have left to continue accumulating more Bitcoins. And we still have time, at least until next year, before the halving.

With Bitcoin, we can make our dreams come true and many have succeeded in doing so. And it's never too late to start investing in Bitcoin.

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Quote from: 348Judah on November 20, 2023, 10:43:28 AM

Quote from: SAHASAN on November 19, 2023, 10:01:14 AM

So it looks like 2014 I know about Bitcoin.
In 2017 I understand and invest in Bitcoin

How would it have been so nice to say if you had Invested through all these periods and hold till the last 2020 Halving before releasing at $68,000 this next year is another target on that, we are going to have another bitcoin bullrun and all bitcoin investors are going to experience this if they hold till then.

It is not easy to survive until the halving effect creates a new ATH, because some holders who do not have a strong goal will only end up selling early or even selling when the Bitcoin market is crashing.

The previous ATH that allowed Bitcoin to reach an ATH of $68k certainly made old holders very happy with longer gains, but for those who are too panicked or too FOMO, they have a certain trauma of rising or falling.

A new goal of Bitcoin is being created, and it will take a long process to reach the new ATH Goal.
My personal target is ATH $100k++ and in general that is so much speculation of many crypto users nowadays.

So set a key goal or target and don't get off the beaten track.
When you are sure, then the target becomes a target that must be achieved for the long term.

On the Fear & Greed Chart, the Index has seen a steady increase over the past 3 months.
In November alone more people made purchases with the greed chart index reaching 74% and that figure being the highest for the month, but it remained stable.
If the Bitcoin Spot ETF is approved then this will continue to rise and coupled with the halving moment, Bitcoin will make history again.

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Glad you got yourself out of the rut you were put in. It's not easy doing that, and with or without bitcoin, I know you would've made it. Congratulations from that alone.

I got in this gig a little later than you, I've been hearing and seeing about bitcoin for a while now since 2015, but it wasn't until some months after that I started to really grow interest in it. From then on, and after years of struggles and hardships, I can confidently say that bitcoin and crypto gave me so much and more, and had allowed me to attain status that I couldn't otherwise have obtained if I wasn't smart enough to invest in it in the first place. Which is why I became the tome of knowledge when it comes to investing and putting your money to work in the family. I don't particularly mush bitcoin in their faces cause it's all a matter of preference in my opinion, but at least they know their options. And I thank bitcoin for everything that I have in my life right now, just like you bro.

348Judah

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Quote from: SAHASAN on November 19, 2023, 10:01:14 AM

But I got to know about the real value of Bitcoin during the bull market of 2017 and I fell in love with Bitcoin ever since and started accumulating Bitcoins through my small investments.

If one ever have the opportunity to experience the bullrun after holding for a time, they will equally understand the need for it and never want to take such for granted and always Invest, bullrun is the evident means to make everyone investing in bitcoin have a reason to keep on holding and investing because they know that they will certainly make it to earn over what they have invested.

Quote from: SAHASAN on November 19, 2023, 10:01:14 AM

So it looks like 2014 I know about Bitcoin.
In 2017 I understand and invest in Bitcoin

How would it have been so nice to say if you had Invested through all these periods and hold till the last 2020 Halving before releasing at $68,000 this next year is another target on that, we are going to have another bitcoin bullrun and all bitcoin investors are going to experience this if they hold till then.

Topic: How I got started with Bitcoin and how it is blessing for me? (Read 527 times)