How was your first Bitcoin experience? - page 6.

Wend

sr. member

Activity: 1400

Merit: 283

DGbet.fun - Crypto Sportsbook

Quote from: xSkylarx on August 26, 2023, 07:22:41 PM

Faucets and HYIPs are really your first dose of Bitcoin. I'm not sure if it's the same with me, but I tend to go to faucet sites daily just to earn some sats in them. I know it is really time-consuming and just wasting my time, but that is the only way I've known to earn Bitcoin, and again, HYIP, which again got persuaded by someone to invest in it as it is passive income and you are just not doing anything and you'll be doubling your money, though it is a scam that I ended up losing my Bitcoins too.

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.

xSkylarx

hero member

Activity: 2366

Merit: 594

Faucets and HYIPs are really your first dose of Bitcoin. I'm not sure if it's the same with me, but I tend to go to faucet sites daily just to earn some sats in them. I know it is really time-consuming and just wasting my time, but that is the only way I've known to earn Bitcoin, and again, HYIP, which again got persuaded by someone to invest in it as it is passive income and you are just not doing anything and you'll be doubling your money, though it is a scam that I ended up losing my Bitcoins too.

spectre71

member

Activity: 360

Merit: 22

Well that red head at the end of the bar.... oh oh oh bitcoin

started on blockfi until they went tits up, ledger/live now. but for invest trading stuff Fidelity, too easy

Ultegra134

hero member

Activity: 1778

Merit: 907

Quote from: mk4 on August 26, 2023, 01:04:42 PM

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.

Good ol'days. I started by reading a random article on the internet, then created my first wallet on Blockchain.com and started messing with faucets. Back then, there were so many faucets that your mind couldn't perceive them. I remember countless lists of some kind of provider, of which I can't remember their names, who were acting like middlemen. Multiple faucets paid directly to them, and after accumulating a decent amount, you could go ahead and withdraw it to your actual wallet. I'm pretty sure that in the hypothetical scenario of these middlemen still existing today, I'd have decent amounts of BTC abandoned in them. Then there was the Xapo wallet, which had its own list of faucets that paid directly to their wallet.

Oh man, I wish I could go back in time, not just for the BTC but to relive being young and carefree.

EFS

staff

Activity: 3934

Merit: 2224

Crypto Swap Exchange

I don't really remember the details of my first experience. It was something like that: In the early days I heard it and wanted to use it to buy something from outside of the country and that looked like the best choice to pay back then. I searched how to buy Bitcoin first to do the transaction and found a newly opened local exchange. In the end I bought Bitcoin but didn't buy the good originally I was about to buy.

worle1bm

full member

Activity: 1834

Merit: 166

I actually came across the term back few years but didn't pay attention to it but when I realized what I have missed it was little late for me to accumulate more at that time so would say experience was good but missed an opportunity in the other sense but still good with it.

DoublerHunter

hero member

Activity: 2590

Merit: 644

Quote from: ajiz138 on August 26, 2023, 02:27:19 PM

I forgot because it was a long time ago, I reminded myself but my mind's memory didn't get there. Grin

It's already a matter of history that we got to know bitcoin for the first time, now I will continue to get used to being in the bitcoin circle and so on, everyone starts to know what bitcoin is and understand how to invest there.

Future experiences should not be forgotten and continue to HODL bitcoin until it becomes your full life journey in bitcoin, I believe there is someone who continues to hold bitcoin until the end of his life.

^ We have the same experience and it is fascinating how time can sometimes blur our memories, especially when it comes to experiences from a while back. You are definitely right that BTC's journey from being a novel concept to becoming famous or very well-known is a remarkable part of its history. The concept of HODLing has indeed become synonymous with BTC, reflecting a long-term investment approach and faith in its potential. From time to time on BTC history it is captivating to consider the possibility of someone carrying their passion for BTC throughout their entire lifetime. As far as I remember I owned BTC before through airdrop or collecting faucets because before I was afraid of getting hacked when purchasing BTC.

nakamura12

hero member

Activity: 2268

Merit: 669

Bitcoin Casino Est. 2013

My first experience in Bitcoin is when I joined bounty before and luckily the project is legit and I earn money from it which is what I use to buy Bitcoin and ethereum at that time. I also tried freebitco.in at that time but I didn't spend enough time to be able to reach required amount of Satoshi before I can withdraw the Bitcoin. I was a noob at that time when the price of Bitcoin at that time is around $3k which I the total of Satoshi I woukd have would be a decent amount.

Y3shot

full member

Activity: 560

Merit: 161

Quote from: NomiPk on August 26, 2023, 12:32:53 PM

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 bought my first Bitcoin from a physical bitcoin vendor, i bought $10 worth of bitcoin just too feel how bitcoin is and how it looks like. It was so exciting to have bitcoin in my wallet, I felt like having something so much precious with me but I couldn't keep it with me. I sold my first Bitcoin because of fear for volatility because I was new to it, no experience to give me comfort over the market. My first experience having bitcoin in a wallet was joyous.

decodx

hero member

Activity: 1456

Merit: 940

🇺🇦 Glory to Ukraine!

I can't recall all the exact details of my first experience with Bitcoin. It wasn't too far back, but I was trying a lot of new things, mainly online trading, back then. The only vivid memory is feeling super anxious while setting up my first electrum wallet and making my first transaction. I stared at the wallet in disbelief for a good chunk of time as I waited for the coins to reach their destination. Fast forward years later, I still cross-check every address when I make transactions, even though I'm doing them almost daily. I suppose it's a good habit, as it's helped me avoid accidentally sending coins to the wrong address.

Hamza2424

legendary

Activity: 966

Merit: 1042

#SWGT CERTIK Audited

Quote from: mk4 on August 26, 2023, 01:04:42 PM

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.

Haha, really I was mad about the cloud-mining scam apps and websites. even though I did a lot of invites in the hope of withdrawal, a few of satoshis, I did earn from freebitions named faucet's website. exact domain I can't remind you still, Sir even in those days when you had a smartphone I was doing it all on my old family laptop and Uncle's phone.

Even in the hope of meaning-free BTC, I did a lot of scam Survay filling up forms and stuff like that and finally ended up all I got something real, Now Alhamdullilah I'm happy and I feel pleasure remembering those days.

Franctoshi

hero member

Activity: 1022

Merit: 600

Quote from: m2017 on August 26, 2023, 01:58:09 PM

My first bitcoin experience ended before it even started.

What a pity that then I didn't finish the job. Already in the distant past, I first learned about bitcoin, downloaded the electrum and wanted to buy btc, but having neither experience nor knowledge, I changed my mind halfway, deciding that BTC is complete trash. How wrong I was then.

I was in the same shoe as you, A lot of us missed the very first opportunity or encounter with Bitcoin due to zero knowledge and no detailed information available then within my area such as the level that it is right now, so then I saw Bitcoin as something that would end soon because of my various experiences with Ponzi scheme trending as at the time when I first knew of Bitcoin in 2017, that made me had this mindset that Bitcoin was not going to last.

AGogi2003

newbie

Activity: 22

Merit: 2

My first Bitcoin express was when a friend introduced me to Bitcoin and urged me to invest my money in Bitcoin because I would make a lot of money and wouldn't lose any money, so I did. I also lose 10% of my initial investment. He introduced me to Bitcoin, but he didn't inform me about the risks involved, and I was disappointed with him since he didn't tell me about the disadvantages, only the benefits, so that I could invest money that I could afford to lose. Before one of my friends introduced me to this forum, that I will Lean everything about Bitcoin and others cryptocurrency.

Mr.suevie

sr. member

Activity: 546

Merit: 342

I think this thread is somehow similar to the many that is being posted here and on still since am privileged to have the opportunity to highlight my first experience, I think I will share mine well my first experience with bitcoin was one of my friend trying to convince about how lucrative it can be but me being blind folded had a different thought to his teaching because of the then rapid Ponzi scheme that was everywhere around my locality so I classified it among one of the many

ajiz138

hero member

Activity: 1498

Merit: 785

I forgot because it was a long time ago, I reminded myself but my mind's memory didn't get there. Grin

It's already a matter of history that we got to know bitcoin for the first time, now I will continue to get used to being in the bitcoin circle and so on, everyone starts to know what bitcoin is and understand how to invest there.

Future experiences should not be forgotten and continue to HODL bitcoin until it becomes your full life journey in bitcoin, I believe there is someone who continues to hold bitcoin until the end of his life.

m2017

legendary

Activity: 1792

Merit: 1296

Playbet.io - Crypto Casino and Sportsbook

My first bitcoin experience ended before it even started.

What a pity that then I didn't finish the job. Already in the distant past, I first learned about bitcoin, downloaded the electrum and wanted to buy btc, but having neither experience nor knowledge, I changed my mind halfway, deciding that BTC is complete trash. How wrong I was then.

The real first experience of interacting with bitcoin happened later, when I bought quite a bit of btc through the same exchanger aggregator that I now have in my signature. I remember that at that moment it was scary for the first time because of the fear of losing money during the conversion.

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

My first experience with mining was a good one. I used to love firing up different software and making different adjustments to get you the most possible hashrate. Little things you did on your own made a big difference back then. It was cool. My first transaction experience was great as well. I sold a video game code that came with my GPU for a couple BTC and everything went smooth as silk.

ChiBitCTy

legendary

Activity: 2282

Merit: 3014

I wish I could remember exactly what my first Bitcoin experience was. I think I first bought these copper coins from the “Anonymous Mint” which had the bitcoin symbol stamped on one side. I liked the coins and bought a couple rolls. That’s when I believe I started to look in to bitcoin and find out what it was all about.

Not too long afterwards I ended up purchasing my first bitcoins. 2014ish range.

The Cryptovator

legendary

Activity: 2408

Merit: 2226

Signature space for rent

My initial encounter wasn't positive. During the active phase of the revenue-sharing Ponzi scheme, some individuals encouraged me to invest using Bitcoin. Despite my reservations about Bitcoin's volatility initially, I eventually became persuaded. I purchased Bitcoin and invested it in the Ponzi scheme without fully understanding what a Ponzi scheme was, naively assuming they wouldn't turn out to be fraudulent. Sadly, I lost all my Bitcoin as a result. I remained disconnected from the online world for a few months until I comprehended the nature of Ponzi schemes and started advocating against them. Subsequently, I became engaged with a forum and began contributing. Over time, I resumed purchasing Bitcoin and have since become an established Bitcoin investor.

zenaku

member

Activity: 111

Merit: 25

I didn't know what to do with my life, one day I woke up with few options (I just left home, I lived alone) I had 500 dollars. I decided to buy 250 via paxful and live my day to day with the rest. A couple of years ago, the experience was good

Topic: How was your first Bitcoin experience? - page 6. (Read 718 times)