I found my Bitcoin books from 2016 - page 3.

Godday

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Quote from: tbct_mt2 on March 07, 2023, 05:28:21 AM

How did you know about Bitcoin in 2016, 2017 and know about those faucets but did not join the forum earlier?

You only joined Bitcointalk in 2022, about less one year and one month ago. It is good to know that you are Bitcoin adopter since 2016, 2017 and you are survivor since the past bear market and a current one because you are still here, around Bitcoin, this market and are a member of this forum.

Would you mind sharing what happened with you since 2016 till 2022, please.

Today you can claim Bitcoin at this faucet: https://freebitco.in/site/bitcoin-faucet/

I am not sure about other faucets.

A first Bitcoin faucet is Get 5 free bitcoins from freebitcoins.appspot.com in June 2010.

Wow 5 Bitcoin is a big thing right now. That's crazy!. But it makes sense because the price of BTC then was not what it is today. I'm sorry because I got to know this forum in 2016 but I didn't study and do activities in this forum because at that time I didn't have enough community and information regarding this forum. Maybe if time could be turned back, I want to learn BTC and trade cryptocurrency in that year then I will invest until this year Cheesy

Dickiy

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wow, it seems that everyone remembers that amazing past, I also remember how the process was at that time with several accidents in the market which caused the price of bitcoin to fall and reap the insult that bitcoin will die, I am very happy that there are still many people who are safe and not leaving bitcoin from that time. maybe i also need to go through some obsolete documents in my filing and find something maybe unexpected one can get today from bitcoin, if i'm not mistaken also i had several wallets at that time to get bitcoin and other coins.

so98nn

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This is damn interesting to see. I am looking at it as lost and found treasure stuff. I used to write the private keys, wallet info and even various sites that I used to visit as interest. I bet I would find similar books in my closet if started cleaning up. The reason I have kept them locked away is due to the fact that slowly I adopted new tech. For example most of the portfolio is now on hardware wallet. Instead of having too many software wallets I am keeping segregated funds over hardware and couple of Soft wallets only. This has reduced write up a lot. It’s also very risky. For example let us say our books were found by someone else or we would have lost them forever, so as to bitcoin with it.

It’s good post to understand that information is so vital and tender when it comes to written info! Be careful and Store it wisely guys.

Asuspawer09

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I remember a lot from your stories, I found some of my bitcoin books as well that I bought from minerjones it was pretty cool and had awesome contents,

I also do a lot of faucets back in the day and it was a good experience for sure, doing faucets I think all of my claims only do around 30-50$ on multiple websites. But I think it was freebitco.in which I earned a lot, at that moment I do every possible way to earn bitcoin including bounties, airdrops, ICO, campaigns, etc. I admit it was really difficult to invest in bitcoin especially when you don't have a source of income, in my early days when I learn bitcoin I was only a student so even though I want to invest I didn't really have money to do it. But when I already started to earn bitcoin that is also what I used to invest and multiply my funds.

You have a long journey and learn a lot of things from that experience, you could always come back since the market is always open and has a lot of opportunity, I did sell my bitcoin as well when the bear market, but I didn't give up since from what I learn we still have a lot of opportunity and room for profit.

Yatsan

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Nostalgic indeed. Those days were I think the market price of Bitcoin arise. The next year is when market prices reached and broke the all time high and afterwards correction occur, the rest is history.

Quote from: juhobtc on March 19, 2023, 07:09:05 AM

Quote from: Pokapoka124 on March 09, 2023, 12:45:20 PM

I think newbies should read this thread so they understand better why it’s important to use open sourced wallets like Electrum. I’m sorry you lost your bitcoins using non custodial wallets. I’m not familiar with free wallet, they probably shut down before I got into the crypto space. Xapo wallet is not even a real bitcoin wallet, they do not give users private keys or seed phrase. I have read bad reviews about them on the forum and online.
Like Mahirap said, there was nothing else you could have done at the time. You used the resources you had to take care of your little bro. That’s something to be proud of. You didn’t let your challenges stop you, on the bright sided it opened your eyes to learning more about bitcoin. 2018 till date is good enough time to learn and save some bitcoins. I hope you’re seeing good results.

Showing such examples is very important so that as many people as possible can avoid this mistake. By the way, I read that Electrum is also not the best wallet for storing bitcoins, in my opinion, a large amount was recently stolen from someone here on the forum, although I did not understand how this happened.

In any case, a hardware wallet today is considered a reliable way to store our bitcoins.

Another impact is for the new ones to realize that things aren't easy in this industry. Many 'professionals' at the present started from scratch and they simply showed their determination which brought them to where they are at the present.

Quote from: molsewid on March 18, 2023, 12:44:27 PM

Quote from: nimogsm on March 18, 2023, 10:13:27 AM

I read in your story about the Xapo wallet and remembered the story associated with it, I also used it once to collect Satoshi from different sites and games and at one point I just forgot about it because I started using other wallets.And that year my friend called me and said that he received a letter in the mail that the service would be closed and withdraw his money.I checked my balance and was surprised that there was about 200 dollars.Such finds are very encouraging.

Yeah, it is good old days. I am very happy that time when I withdraw 10$ free in a week using faucets only. I think it is around 2017 or earlier 2018, there are many faucets that will give you free Satoshi and eth as well. Many people that time think that crypto is not real and it is only for MLM and it is only use to scam people, many of my friends that time didn't believe but now I see they are already invested on it.

Faucets are indeed a thing which gave profit to the early users in this industry. Also, the profitable signature campaigns way back those years. This reminded me of the feeling when I first earned my payout from the first project I engaged myself into which was already big back then. Airdrops as well are mostly paying before unlike with what we are seeing right now wherein most are not. Brings back indeed good memories.

juhobtc

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Quote from: Pokapoka124 on March 09, 2023, 12:45:20 PM

I think newbies should read this thread so they understand better why it’s important to use open sourced wallets like Electrum. I’m sorry you lost your bitcoins using non custodial wallets. I’m not familiar with free wallet, they probably shut down before I got into the crypto space. Xapo wallet is not even a real bitcoin wallet, they do not give users private keys or seed phrase. I have read bad reviews about them on the forum and online.
Like Mahirap said, there was nothing else you could have done at the time. You used the resources you had to take care of your little bro. That’s something to be proud of. You didn’t let your challenges stop you, on the bright sided it opened your eyes to learning more about bitcoin. 2018 till date is good enough time to learn and save some bitcoins. I hope you’re seeing good results.

Showing such examples is very important so that as many people as possible can avoid this mistake. By the way, I read that Electrum is also not the best wallet for storing bitcoins, in my opinion, a large amount was recently stolen from someone here on the forum, although I did not understand how this happened.

In any case, a hardware wallet today is considered a reliable way to store our bitcoins.

ethereumhunter

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It's great if you continue your journey with bitcoins and try to collect more. It means you have realized the importance of bitcoin because you have good experience with it.

If we talk about the past, faucets have helped many people to start their journey in crypto and they can earn lots of bitcoins from faucets. Especially at that time, we could get rewards from faucets for free even though there were limits to getting them.

We will remember the past, the good and the bad, for future learning that might be useful for us later. And if we have made mistakes in the past, we can avoid them because we have had previous experiences.

Kakmakr

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Yea, I still remember the days when freebitco.in were giving away 1000 satoshis per hour (or was it 500.. so long ago) Roll Eyes

Most people told me that it was a waste of time and simply "dust" ...but when the Bitcoin price hit $60 000+... I used that money to fund a Ledger Nano. Grin

I also had about 7 browser tabs open to catch the faucet, the moment when the time expired. I then realized that it was much better to gather information and to join signature campaigns ...and this bumped my Bitcoin hoard significantly.

The best thing about this was not the bitcoins I gathered, but the valuable knowledge I gathered. Wink

HajiBagi

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It's great that you continue on your journey without giving up on bitcoin; it shows that you believe in bitcoin and that you are willing to do research on it. I also understand that investing in bitcoin is a good idea for young people who are capable of doing so. Wow, I really like the story of your journey with bitcoin, and I feel terrible about the way you sold your bitcoin to save your brother.

Wakate

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Quote from: slashz9 on March 07, 2023, 10:00:47 AM

interesting story, maybe if I look at files or history I might find something similar, where I found out about bitcoin in 2017, and I think I got a lot of memories, starting from this forum to learning to trade and following some ico,ieo,private sale , anything related to crypto.

Op is very lucky to have found out his book containing some Bitcoin topics and write up. I could remember when I started Bitcoin then, I have some books like 3 that I wrote some important words there including key point, lectures, and my research.

Now some of the books is not in my possession again so I just have to keep some that I can still have access to since I can still make use of them as time goes on. I also have some books I was using then to write notes on cryptocurrency trading that I can still have access to. We need to keep all these books because they can contain important information.

molsewid

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Quote from: nimogsm on March 18, 2023, 10:13:27 AM

I read in your story about the Xapo wallet and remembered the story associated with it, I also used it once to collect Satoshi from different sites and games and at one point I just forgot about it because I started using other wallets.And that year my friend called me and said that he received a letter in the mail that the service would be closed and withdraw his money.I checked my balance and was surprised that there was about 200 dollars.Such finds are very encouraging.

Yeah, it is good old days. I am very happy that time when I withdraw 10$ free in a week using faucets only. I think it is around 2017 or earlier 2018, there are many faucets that will give you free Satoshi and eth as well. Many people that time think that crypto is not real and it is only for MLM and it is only use to scam people, many of my friends that time didn't believe but now I see they are already invested on it.

nimogsm

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I read in your story about the Xapo wallet and remembered the story associated with it, I also used it once to collect Satoshi from different sites and games and at one point I just forgot about it because I started using other wallets.And that year my friend called me and said that he received a letter in the mail that the service would be closed and withdraw his money.I checked my balance and was surprised that there was about 200 dollars.Such finds are very encouraging.

ringgo96

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Whatever we run at this time of course must have some knowledge so that we are not caught in a problem, and you have been studying Bitcoin for so long and I am sure now you can enjoy such great results from Bitcoin, all the efforts we do must have ups and downs then the belief to be able to achieve a desire we certainly have to try as much as possible, So your experience in the world of Bitcoin will certainly be a great motivation for new users who are currently struggling to be able to profit in the world of Bitcoin.

Davidvictorson

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Quote from: KiaKia on March 07, 2023, 05:10:30 AM

When I started my Bitcoin journey years ago, I had nothing, yet, a day will not pass by, that I will not stare at Bitcoin value online, I came to know about Bitcoin when I was looking for how to make money online, and my desire to have some Bitcoin in my wallet grew so much that I started hunting for satoshis through faucets.

Looking for how to make money online was the thing that drove most persons I know and have spoken to into bitcoin investment. The most exciting the about it is that, that was the foundation of learning how to do your own research. I am totally impressed with how much intentional and detailed with your search and the actions you took in that direction.

Quote

If you are into Bitcoin in 2016/2017 these faucets should sound familiar to you, I am sure that these faucets are not working anymore today, even if they do, its not worth it anymore.

Lol, I did this faucet thing some time at the beginning. No sooner did I realse that it was just a was of my precious time and my phone's battery and internet data subscription. So, I stopped and looked for more legit and easy way to get in.

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I did this for a whole year, from the mid of 2016, claiming every hours and some are every 30 minutes, after a year of gathering some satoshis I ended up losing them all because of free wallet and xapo wallet, I don't know they are custodial wallets, I couldn't even tell the difference between an open source wallet and closed source in that period.

You must have been really determined with this, I didn't even last a week with it. Maybe because I didn't have anyone guide me on how to really go about it.

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After losing everything, I started buying some Bitcoins using my pocket money, I was suppose to use the money to buy some foods and transport myself to school, I was so obsessed that I prefer walking down to school almost everyday, but in the end I had to go back and sell some part of the Bitcoin, because the suffering was too much, believe me, Bitcoin investment is not easy for those that have no good source of income.

They were surprised how I got the money, I was asked some questions later as if I was in a courtroom facing a panel, they don't believe at first but later they did, we had an amazing Xmas, again, selling some part of my Bitcoin. In 2018 the bear market hitted so hard that I sold all my Bitcoin, the biggest mistake that cost me, I expected Bitcoin to keep growing and growing, with some ignorance in my body, how could I have known that Bitcoin will be volatile at some point? Lack of learning and doing some research I guess. I summoned my courage in 2018, I restarted my journey once again, by learning more than chasing, this was how I was able to finally understand more about Bitcoin, I should have known, and focus more on reading about every possible mistake someone could make. Till this day, i am still unable to get the exact amount of Bitcoin I sold at the time, all because of fear and panic, I should have just held than let the bear market scare me out. I hope someone learn one or two from my journey, if you can't afford Bitcoin, find a source of income first, enough to feed your needs and enough for savings or else you will go back to the last savior you have ( Your Bitcoin wallet) and spend it all to survive. There is nothing that beats learning, maybe I would have had a different outcome if I focused more on learning. Because I will understand how valuable Bitcoin will be in the future.

You really did surmount a lot of challenges to get to where you are now in your bitcoin journey. I am glad you didn't give because you may not have found this great forum. We learn everyday and I hope that the newbie reading this can learn a thing or two from your story.

D ltr

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Quote from: Z-tight on March 07, 2023, 09:54:45 AM

Quote from: KiaKia on March 07, 2023, 05:10:30 AM

Bitcoin investment is not easy for those that have no good source of income.

This is correct, it is impossible to be a long term BTC investor if you do not have a job or a source of income, because even if you plan to hold your BTC for years, you will always have to spend from it for emergencies and to settle basic needs. I have heard there are traders who only trade as their job, i really don't know how they manage to do it, but i feel one should not trade or invest in BTC as their only job, even if you think you are an expert, there would be days profit would not come, and you may have to go borrowing to survive.

Do not feel that selling your BTC is the worst thing you could have done if you sold for an emergency situation, probably you can regret it if you sold because of panic or fud, or to lavish the money on things unimportant.

I agree with you, we living creatures have the necessities of life, so if we sell the btc that we have it is definitely urgent, not for wasted, because everyone who invests in Bitcoin must make it a long-term asset and can be cashed out at any time, even though incur a loss as part of the risk
sometimes I also regret selling my btc at a lower price than before, but instead of owing money to people, I better sell what I have to make ends meet

alastantiger

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You did little or no mistakes. The little mistake you made was not leaening and understand bitcoin strategies in the first place. You also did well by using your little profit from your initial investment to solv family problem which anyone in your shoe would have done same thing. Well, this is a big lesson to you and also to some of us hear who have not learned about bitcoin bear market. Some people will invest in bitcoin without understanding the consequences of bear market and also fully depending on bitcoin. People that thinks that bitcoin has no or little profit are people who are not open to leaening. For instance, i knew about bitcoin in 2019. Then i was not interested because i paid no interest in it. Some of my friends who knew more about it then are doing so well now, they told me about it but i needed quick money. Not untill last year when a friend explained more of it, that it is a gradual peocess and patience is also involved. I learnt that i need another source of income aside bitcoin because if i depend only on bitcoin, it will definately affect my investment.

Upgrade00

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Quote from: Yawa2020 on March 17, 2023, 05:13:36 PM

What do you mean by investment option to save up a part of your income for the future? What if the future fall within the bear market?

When making an investment you do not leave a small window open for when you plan to take profits cause you cannot accurately predict when you would hit your preferred RoI.
If I bought Bitcoin as an investment and plan to hold long term, I can take that to be 6-15 years. At any point within those nine years I can take profit and if an asset stays in the bear for almost a decade it's a terrible investment.

Quote from: Yawa2020 on March 17, 2023, 05:13:36 PM

Every investor and investment aim is to make more money. If we are not interested in making profit other than the save up for the future, we can save our money in banks instead.

Fiat is a terrible option for savings. Bitcoin is designed to function as a Store of value and also as an investment, it now depends on what I want to use it for.

GreatArkansas

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Good ol' days! I remember those times when faucets are the trend before. Before, when you are just patient and not lazy, you can get a lot of money doing a lot of tasks or surveys, offerwalls, etc. that is paying Bitcoin, all good. I know a lot of people who started without pulling out money from their pocket, they just offer their time or just did some work to do.
Which I really appreciate people like this, like OP! Good job!

borovichok

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Quote from: Yawa2020 on March 17, 2023, 05:13:36 PM

Quote from: Upgrade00 on March 07, 2023, 06:41:36 AM

This is elite advice and anyone who couldn't read the whole thread should focus on this.
Bitcoin is not a way to make money, but an investment option to save up a part of your income for the future.

What do you mean by investment option to save up a part of your income for the future? What if the future fall within the bear market? Every investor and investment aim is to make more money. If we are not interested in making profit other than the save up for the future, we can save our money in banks instead. The only way I will agree with you is by saying Bitcoin is not a ponzi or get rich quick scheme/project.

Reading complex PDFs on what Bitcoin is all about is very simple and easy to flow. You're absolutely right about the fact that Bitcoin can not been seen as a ponzi scheme or get rich quick project. The developers of bitcoin are discreet and also the purpose for which it was intended in the market. Some see it as a breakthrough from finance instability while others see it as a pathway to their downfall. On a second thought, Bitcoin have risen countless individuals in the market and have also drained most of them, on the terms regarding on when the market is favorable for traders.

Yawa2020

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Quote from: Upgrade00 on March 07, 2023, 06:41:36 AM

This is elite advice and anyone who couldn't read the whole thread should focus on this.
Bitcoin is not a way to make money, but an investment option to save up a part of your income for the future.

What do you mean by investment option to save up a part of your income for the future? What if the future fall within the bear market? Every investor and investment aim is to make more money. If we are not interested in making profit other than the save up for the future, we can save our money in banks instead. The only way I will agree with you is by saying Bitcoin is not a ponzi or get rich quick scheme/project.

Topic: I found my Bitcoin books from 2016 - page 3. (Read 933 times)