Topic: How was your first Bitcoin experience? - page 5. (Read 718 times)
It was confusing, to say the least. It was all new to me, cryptocurrency in general, so I'm not sure what I should and shouldn't be doing. It was a whole new world/system that I had to learn from scratch and it was pressuring in a way cause there's money at stake. I am knowledgable in technology and I spend hours upon hours of time on the internet, but cryptocurrency and Bitcoin were something I was so clueless about, at least how the system is and how investment goes. I had to learn from others' experience and my own, I had to face loses and gains, but with how it is contributing to my life now I'd say it is pretty much worth it to feel that clueless that time.
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
At that time I had multibitHD wallet (defunct now) and used to collect coins from different faucets from the deepest parts of the internet. That and attempting to get 100x on primedice using the faucet balance of 200sats/dispense. Eventually decides to join this forum and take part in the discussions and then signature campaigns become a weekly source of bitcoins for me along with the faucets.We all know how faucets went down after that but I am glad to have learnt about bitcoin and wish to learn more and use it more often.
We do have unique experiences with one another because my first Bitcoin experience was earning it via faucets, which I could say I am patient enough to claim on an hourly basis, and my next exposure really was HYIPs, and guess what? I got scammed, again blindly looking only at the profit or earning that I would get. But mostly for sure for us, they bought it or earned it via faucets.
Maybe I have the same experience as you, faucet and HYIP were the first things that helped me get started with bitcoin, and the result was similar to you, I lost a lot of money on HYIP. However, I think those who entered the market early from 2015, 2016 will not be able to avoid losses from HYIP because it is like the main earning trend at that time. Although I lost quite a bit, it was quite an enjoyable experience and I have no regrets.
Not the most promising option for obtaining cryptocurrency. It's just a waste of time and nothing more. I personally tried to collect Satoshi in this way for several days and came to the conclusion that this is a terrible way.I also had experience with investment HYIPs. You can earn something, but a very risky method. You will lose much more than you will gain. We need to look for other approaches to this issue.
I was first introduced to Bitcoin by my distant cousin's older brother. This is the first time I heard about Bitcoin from him. He gave me details about Bitcoin. He did not hide anything from me.He explained both the pros and cons of investing in Bitcoin.
My first Bitcoin experience started well Good, I was able to make 25% more than the money I first invested in Bitcoin.
My first Bitcoin experience started well Good, I was able to make 25% more than the money I first invested in Bitcoin.
My Bitcoin experience has been LOSS, LOSS and LOSS.
I even wrote about it here https://how2havefun.com/pakistan-news/bitcoins-pakistan
I even wrote about it here https://how2havefun.com/pakistan-news/bitcoins-pakistan
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
I don't think I can flash back of how my first cryptocurrency investment was, but I could remember vividly concerning bitcoin, before I started investing in bitcoin I have already seen bitcoin online and already noticed how bitcoin was through online so when I purchased bitcoin I was not bothered over bitcoin investment because I have already know the implications So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
My first interaction with Bitcoin was not so cool. I was this naive dude that was looking for a way to make money, a friend introduced me to a pyramid scheme and bitcoin was used as medium of payment, so I bought some bitcoin and subscribed to it. Then, I didn't know that pyramid scheme was a fraud and I lost my investment. I felt really bad that I didn't want to hear about or have anything to do with pyramid scheme and bitcoin because I thought they are all the same. It took me so time and some research to differentiate both of them. When it became glaring what Bitcoin is, I bought another bag and I've been buying any opportunity I get. So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
Investing when the price of Bitcoin was low, but then having to sell it later. because there was not enough money to meet the daily expenses. although back then some profit could be made by trading bitcoins. It was very nice then, but now if I remember the words of that day, I feel only regret. My first Bitcoin experience wasn't bad because I didn't lose through Bitcoin that time. But considering the current state of Bitcoin, the gains at that time were negligible. 
It was a little random: it was on a forum that had nothing to do with bitcoin or finance but somehow someone mentioned bitcoin and he received several private messages because people became curious, I think I wrote him a PM as well, and since he got several messages he decided to start a new thread about bitcoin explaining a little what it was, where and how he was buying, etc etc. I remember that before that I already read online about bitcoin but I never actually paid any attention, unfortunately.
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
Well everyone can almost vaguely remember how they started just like you, OP. I can also vaguely remember how I started but can remember the important parts of adopting Bitcoin in my hobby as well as my usual lifestyle (well not technically like doing it everyday).I can remember buying my first coin through Coins PH which is a localized app here in my country to be able to buy Bitcoin. It still doesn't support other non-Bitcoin coins. That's why I do have to create another instance of a wallet for non-Bitcoin coins specifically MyEtherWallet.
I wish I could remember exactly what my first Bitcoin experience was. I was constantly hearing stories about bitcoin. These stories were about losing money. I wanted to do something with Bitcoin. But I remember was scary for because of the fear of losing money. Then a friend of mine told me about the forum. Thanks to the forum, I learned about bitcoin.
Everyone has fear of losing money. It's just part of us being careful in regards of our money. The only thing that reduces it is the research we made.
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
I clearly remember that I purchased my first Bitcoin on coins.ph app using my savings during my college days just to be scam on local hyip on one facebook group that promise 10% return daily because the owner has a method to win continuously on primedice using some script.
I was so naive that time. I still never forget the first time I got scam because that’s my whole savings since I went to college that I’m planning to use on purchasing my desktop.
I wish I could remember exactly what my first Bitcoin experience was. I was constantly hearing stories about bitcoin. These stories were about losing money. I wanted to do something with Bitcoin. But I remember was scary for because of the fear of losing money. Then a friend of mine told me about the forum. Thanks to the forum, I learned about bitcoin.
My first experience was when a friend from overseas wanted to send me money but we couldn't facilitate the conversion. Instead, he suggested bitcoin which I accepted on Bittrex. At the time it was one of the biggest exchanges along with Binance. Funny how Bittrex has gone under now and it's been several years later!
Well, I bought it. I felt good. I bought some more immediately. And started DCAing since then.
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When I first heard about cryptocurrency generally, I was very sceptical about it, but after a cryptocurrency seminar I attended in college, I began to develop an interest in Bitcoin because I was really made to understand the relevance of Bitcoin in that seminar, so I had to learn some things on my own. Later, around the end of the year 2019, I invested in Bitcoin, and I bet I did not regret learning about Bitcoin or even investing in Bitcoin because I was so lucky that I invested in Bitcoin around the end of 2019 and still towards the end of 2020, when the market became so bullish, which was the first bull run I really experienced, and I made some good profit on my investment.
My first Bitcoin experience was a few years ago when I made drawings to people on the internet and asked for Amazon gift cards in return, as a payment method. I started to investigate about Bitcoin and how its decentralized system could help me to manage payments in a more comfortable way without having to depend on a third party.
So I decided to give it a chance, I used blockchain dot com wallet as a my first option and in a week I received my first payment there, since one of my clients was into crypto before I did. That so far was by first experience receiving satoshis.
My first experience spending satoshis was when I tried bitrefill to buy credit for my father's phone. It took a relatively long time, since I did not know how to manage fees efficiently back then.
So I decided to give it a chance, I used blockchain dot com wallet as a my first option and in a week I received my first payment there, since one of my clients was into crypto before I did. That so far was by first experience receiving satoshis.
My first experience spending satoshis was when I tried bitrefill to buy credit for my father's phone. It took a relatively long time, since I did not know how to manage fees efficiently back then.
So, I am sitting here thinking about how my first Bitcoin experience was, and I can't remember. Suddenly, I am thinking, how was your first Bitcoin experience? If you remember your first Bitcoin experience so please tell me.
One of my unforgettable moment in investing with the bitcoin is I just made a 20$ investment and continuously growing because that's the bullrun and makes a huge profit of almost 1k$ USD of course not only through that investment but also joining into different projects included with the NFT of art and play to earn, by that investment gives me a lot of things I need to know with the bitcoin and still continuously learning whats can be benefit of it to me.
I first received some BTC here on the forum from a subscription company. I didn't mean to participate in it for a long time because I did not know what wallets I should work with. My knowledge was not enough, but thanks to a user from our forum (I am very grateful to him), he was able to explain everything to me in a very accessible way, and I created a wallet. But soon another unplanned event happened, and I was forced to leave the forum for a while, which prompted me to spend the amount that I managed to get here. I just poured everything into online purchases; it’s trite, but after a while, Bitcoin went up, and then I was convinced from my own experience that you should be more careful about when and at what time to spend Bitcoin.
It was through collecting my "hard earned" satoshis through the faucet I installed on my cheap Android phone back in the day (it was named something like hotBTC or something? the faucet's logo was a flame); withdrawing those few satoshis to my freshly installed and backed-up Mycelium wallet.
Man, those were the days.
Man, those were the days.
Lol.... Cool experience guys, I still remember how the first time I used hotBTC and freebitco. Collecting satoshi little by little in the hope of getting rich off the street collecting bitcoins from the faucet site. Maybe if I didn't know this forum, I could still be there and take a little bit of sathosi every hour.
Besides using faucets to get satoshi, I'm also looking for cloud mining sites that provide free hashrate. At that time I found quite a lot of sites that provide free hashrate.
The good news, none of the activities above can make me withdraw bitcoins to my wallet. It was a waste of time, but it was a great experience and made me know bitcoin even more
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