Topic: How was your first Bitcoin experience? - page 4. (Read 718 times)

My first Bitcoin experience was good, but I didn't invest in Bitcoin then. When I first got involved with Bitcoin the price of Bitcoin was very low but I had no money to invest so my experience was bad. But I didn't have the experience of not being able to buy Bitcoin with the amount of money that was available at that time, which is why I didn't invest for a long time. But when I got experience I invested in Bitcoin and made some profit from it. And I think if I had that first experience and invested in Bitcoin, maybe I could dream of becoming a big man today. However, since we were new at that time, we did not acquire such good knowledge and skills, but we will be able to use such experience in Bitcoin in the future.

My first experience with Bitcoin was blind trust. I had no idea how valuable Bitcoin would be in the future. I remember when my brother told me about Bitcoin in 2017. I searched the internet and gained some knowledge about Bitcoin as soon as I became interested in it. Early on, I collected Satoshi from some faucet sites (his name is FreeBitcoin.in) as well as saved my pocket money, which was given to me for school. I collected it in the same way, bought Bitcoin on it from a local person in my city, and later started trading by making deposits on the exchange. And also learned technical analysis with the help of some YouTubers. I was able to do my own analysis and start investing in altcoins in addition to bitcoins. Gradually collected some profit and got out on the side. I lost a lot, but I did not lose heart, and today, thanks to the grace of Allah (God), I have a portfolio of millions of dollars.

Can't complain, super smooth.
8 years ago got paid in btc for a service, payment went through without any problem, even though I din't understand a lick of it at the time. No clue about confirmations and so on.

When I told them it was also super smooth. First transaction was with a stranger, he paid in advance. 2nd time when I told the btc I made a p2p transaction, also good.

Only problem, as mentioned before by me, I told way to fast, haha. I thought 50% gain ( it went from 100$ to 150$ ) was a great opportunity. Man was I wrong about that!

My first Bitcoin experience was the same as others, collecting satoshi on a faucet but the sad part is, I never got to withdraw them, instead I ended up buying BTC myself through the coins.ph portal and start investing it on altcoins and some mining hashes sold by CEX.IO, while participating in airdrop in this forum.  It was a good experience since it was the first time in my life to do trading online and doing transactions in buying mining hashes.

I started last June 2017 and ever since, I have been a BTC investor.

I remember during those days, my friend introduced me to BTC as he said that he wanted to share the wonders of doing campaign signature. When I quickly realized that BTC is more than these campaign signatures, I read and understood several posts where it explained the fundamentals of cryptocurrencies.

From there, everything went smoothly until to this current time where I am still advocating about investing in a early time to maximize its potential.

When I came to know about Bitcoin through one of my friends. Then my interest to invest in Bitcoin increased. But at that time I was studying, I didn't have any money to invest in Bitcoin, I saved money from tuition and invested in Bitcoin.

It was a pleasant experience getting acquainted with Bitcoin. One of them is that I play with the faucet because at that time, getting satoshi from the faucet was the fastest way to get fees for free. You only need a Bitcoin wallet, enter the wallet address into the faucet and immediately get the satoshi. You can come back to playing after 5 minutes, 10 minutes, 30 minutes, even 1 hour later.

In a day, you can collect many satoshis and get them from many faucets. From there, I started selling and buying Bitcoin or what we know by trading. And it continues until the satoshi from the faucet decreases so much that people now think it is a waste of time.

It will be a pleasant memory for us, people who have used faucets or other ways to get every satoshi. But unfortunately, we can't expect a lot of rewards from the faucet because the rewards have decreased.

That's actually fine, I mean we all trying out and exploring thing we are curious about. I've actually heard it before as well I can't remember the years but there was a lot of meme about it due to people know it was a ponzi scam and the way they promote it just hilarious, even Youtuber use that Bitconnect as their connect that's why it's a hit. I don't know if its a good thing that it gives people the idea of what is Bitcoin but the fact that they manipulated newbies and scammed them it's literally the downside. There's no bad thing if you've been confused between the two at least you've done your research after knowing that Bitcoinnect was a scam cause some would literally quit being involved in crypto after knowing such thing.

Same brother, I also can't recall my first experience of Bitcoin. But, I know that my first experience is good, not too bad. But exactly, I forget but it was good. I know that I make profit not too much. But, I forget the amount.

The best thing is that i adopted bitcoin 

I first got to know bitcoin in 2016 if I'm not mistaken and the price at that time was still cheap, but too expensive for me who was just a daily laborer. But curious, try searching on Google (how to make money from the internet) lots of leads to Mining, Faucet, HYIP, Pay click, and of course zonk all because no, I can't make a withdrawal. And once I fell into Ponzi that I was disappointed to learn about Bitcoin.

However, my curiosity was high, I kept looking for more, finally I got to know the airdrop group, at the beginning of registering a Coin account (the current IDO cake model) I was even more curious, I tried to dive into it. and I got a little but it was very big for me because it was equivalent to a day's coolie, the biggest airdrop result at that time was 0.005 BTC if I'm not mistaken, this was from the coins that I converted to BTC. Gradually I continued to find out about bitcoin, finally I found this forum. And in this forum I just learned in detail about Bitcoin as a whole. From the results of the Airdrop I converted it into bitcoin, until now I am still collecting bitcoin little by little and holding it until the target we want to achieve is achieved. Of course there are many ups and downs in getting to know Bitcoin, maybe now people can get to know Bitcoin easily because the information they get is easy.

Actually, I had forgotten about this because I was reminded again and it turned out that it started from a friend when I was in a hangout if I'm not mistaken.

It wasn't so special the first time I heard it, but now it might be different.  

You can also check out this interview about their first journey in bitcoin. [Interviews] with Bitcointalk members

My friend had a group to learn about Bitcoin and I started learning about Bitcoin by being active in that group. And that time I got to know some other members and bought some bitcoins for a few dollars because I couldn't afford to buy more at that time. At that time I didn't know much about Bitcoin and I didn't know much about the future potential of Bitcoin, so I used that Bitcoin to buy various altcoins and at one point I lost all my Bitcoins, Because those altcoins were scammed me and left the market. After all this I learned to think again and know what Bitcoin really is. As a result I am now a happy Bitcoin investor.

A guy introduced me to Bitcoin. Well not particularly Bitcoin but cryptocurrency. I had a misunderstanding back in the day that just because the price of a Bitcoin is so high, making any transactions will cost me more fees than other altcoins. So I stick to the Binance smart chain, tron chain, and polygon. I avoided Ethereum too. Then the more I learn about Bitcoin, the more I get to know it. So slowly my whole understanding about crypto currency changed. I moved towards Bitcoin and now I entirely avoid altcoins.

So that was my first experience with Bitcoin. Nowadays, if I ever get any other crypto except for Bitcoin, I convert them to Bitcoin and HODL. Life is going great.

Yeah, you have said the truth. It's not the fault of the users who are promoting a service because the users aren't aware of the future and that's why they aren't responsible when a service turns out as a fraud. The scam sites and fraud platforms often try their best to gain trust of the users in first stage and when they grab enough users and a lot of money from those users then they often create a false excuse and run away with the money of those users. The users who promoted those platforms doesn't have the ability to see the future and that's why they're not responsible even if a platform or service turns into a fraud. 

It all started in this forum although I have read articles about this technology earlier than I got here. Bounties, faucets, & Airdrops. Since I was still a student that time, this industry really helped me financially to support my studies and daily expenses which also pushed me to explore more of this technology.You'd only know that a project is fraud or scam once it get down to its motive but first they will need to establish the trust from their audience, and I think it is just a normal response to be hooked into it. There's infinity of tendencies for us to be fooled in this industry given that almost everything is with anonymity. Some had a good start and ofcourse some are not having the same start up.

It's hard to remember the exact things, but I remember that I didn't fall a victim or a crypto exchange crash or a scam in the early days with Bitcoin, even though I was quite ignorant of the risks and the scope. I just got lucky. I think my first BTC was through some signature campaign a lot time ago, and then I sold BTC for local fiat, and used it probably on something very basic like groceries. To me, Bitcoin was money, not an investment, so I used it as money. I don't regret it, and I think that, at that time, it made sense. I was impressed that something purely digital and not issued by an authority could be exchanged for fiat, could hold real value. And I thought that hundreds of dollars per coin was a very high price 

My first Bitcoin experience started in 2016 when I joined this forum. I basically learned about Bitcoin from this forum and during 2016-2017 I explored about Bitcoin in depth and found that the currency is something special and is totally different from fiat currencies. In the initial days I was also not aware of Bitcoin wallets and in those days I lost some money when I lost the private key of my wallet. But, in 2017 I learned enough about Bitcoin and I started using it for trading purpose mostly in those days.

I have bought some digital goods with Bitcoin and the experience was truly awesome. I must say that throughout 2017-2018 I spent my bitcoin to buy digital coupons from this forum.  During 2018 to 2020 I reduced my trading activates and Bitcoin related activities because I had a hard phase during those days. But, in 2020's last quarter and in 2021 I restarted my trading activates once again and started giving most of my time to Bitcoin related activities again. I'm very thankful to this forum and the members of this forum because I have learnt about Bitcoin mostly from this forum and I must say that this forum is the best resource for the ones who want to learn about Bitcoin.

That's nothing to be ashamed of, I was also someone who knew about bitcoin through investing in bitcoinnect, which was a big project at the time. One thing we need to know is that ponzi projects or HYIP investments were very popular at that time so it was inevitable that we would be drawn into those scam projects. Those are just experiences for our investment journey, nothing to be ashamed of. I also believe that not only you and me but almost everyone will participate because then no one doesn't want to make a profit.

It was indeed an experience I would never forget in a hurry, I still remembered that first experience with nostalgia, recall when I started filling capther for mrai which is then exchanged for Satoshi and paid to my Blockchain.info wallet, it was a daily paid task the more the task the more Satoshi you will earn thus a time consuming task, however I was very excited after opening my wallet and sent my btc address for onward payment of my task dues, the first time I logged in to wallet and saw some Satoshi on my wallet it an incredible experience basically because I learnt how to open a new wallet, how  to transact with it and other related stuffs myself through the internet which was a real practical test and experience to me.

My first encounter with Bitcoin and this forum was kinda embarrassing, some of members in this forum might now a ponzi scam project called Bitconnect, one of my relative joined this cult --before it turns into scam definitely-- and they try to promote it to me. I know it was too good to be true, and then I do some research on it, then I found about Crypto, Bitcoin and then this forum. I actually mistaken Bitconnect and Bitcoin the first time, I thought both are the same.