Topic: My First Bitcoin Purchase. - page 3. (Read 732 times)

I can only congratulate you. As you have now personally seen, there is nothing complicated with buying bitcoin, and the main thing here is to try to do it, after which all fears are dispelled. I am sure you will remember this moment with the purchase of 0,00265305BTC for the rest of your life and maybe it will change it for the better. Of course, this is not the last time when you bought bitcoin and you will repeat this more than once.

To anyone who made their first bitcoin purchase, I congratulate you on making the right decision. over time, when the market rebounds, the value of your bitcoin will increase many times.
many are still asking themselves when will they sell the bitcoins they hold, my advice is to keep selling it when you have made a profit from it or when you are in an emergency situation, never sell it when the market is bear or FUD.

Hi Everyone,

I bought my first BTC in 2017

Congratulations on your first purchase, op! It's not a bad time to join the market, and with patience and long-term perspective, I believe that profits are very likely. It's also good that you've started with a fairly small amount, so that you don't risk what you can't afford to lose.
Please listen to the points that were raised in the thread about safely storing your coins, though. I'd say the simplest safe solution would be Electrum wallet, but maybe you have other preferences.
Also, it's worth thinking realistically about your investment (if that's how you view your BTC): you can have 3x profit, maybe even 10x in a few years, but even that would mean $600 instead of $60, which is good growth but often not even enough to cover monthly expenses if you need to rent accommodation. Bitcoin is interesting, and it has been growing in value over time, but it's not magic and not a solution to all financial issues.

First, I congrats you on your first Bitcoin purchase because some beginners usually pursue altcoin in this season instead of Bitcoin.
Second, I congrats you don't see your best friend as an enemy to your success in cryptocurrency whenever your best friend refers you to the same link he sent you to learn about Bitcoin I am saying this because this is what I once told some friend and they don't see me as a nice person or someone that really care.

In the meantime, knowledge is vast in cryptocurrency and you always read some important threads on this forum which will increase your knowledge

This is your best step when you first buy Bitcoin which is quite large for you but some people are quite small because everyone always varies in investing Bitcoin in its value.

Although this is a common purchase that many people make but you are expressing here as a start of the journey with Bitcoin and so on it may be possible to increase again or increase earnings in trading and also hold for the long term so I guess it depends on the ability how to allocate money into Bitcoin investment.

Small celebrations will certainly be meaningful to you when you become big holding assets and this will be remembered in the future as the most beautiful memories that will not be forgotten.

The advice above should be a step taken by securing Bitcoin assets in order to avoid a greater risk or being called hackers.

I really appreciate your decision to buy Bitcoin, because when compared to people out there who will still hesitate to buy Bitcoin. You've done well, it doesn't matter what amount you buy, it means that you are sure that buying for the long term always gives you a profit in the future. Try to routinely DCA every month with whatever amount you can afford because it's quite impressive for you in the future.

Congratulation Obari for taking a bold step into the crpto space, you have done well to buy now that bitcoin is facing its bear market,how small or how big doesn't matter.  I hope you didn't use the money for something important to invest and you are not in a rush to make profit. Your friend did great to involve you in the crpto space. You will need to keep your bitcoin save from hackers by learning how to store it in a cold storage wallet.


If you have any challenge or issues on bitcoin, you should feel free to ask the forum members. When you have acquired more bitcoin and you want to trade,you should consider the know the risk management in trading. Bitcoin Holdings needs patient,you should also have it's volatile nature in mind so that if the price falls lower than this, you should not panic

Congratulations mate on your first bitcoin purchase. It really doesn’t matter whether it’s a big amount or small. The thing that matters is that you have finally made the purchase and ready to face and overcome challenges that will come with it. Today the value you purchased might be very small, but who knows if that value becomes 10x the amount? Also kudos to your friend who help you to understand the Bitcoin world and spread positivity among new people. Really excited to hear more crypto journey of yours from yourself.

Congratulations, you have taken the first step to breaking the barrier of fear, and the next steps will all be easy if you know how to get past the starting point.

Now you need to protect your wealth by either buying a hardware wallet or learning how to secure your phone/computer wallet.
Then you move on to trading strategies, choosing the platforms and the best time to buy bitcoin while learning the basics such as support and resistance levels and the basics of technical analysis.

You're bold enough to have taken the first step to show interest, it will now make more sense if you begin to work on yourself for a better understanding of bitcoin, it's a privilege you had to have come across this platform which was purposely designed to engage bitcoiners on discussion on every aspect of bitcoin,, should incase you need help for direction, advice, questions, or even something you've discovered to contribute to the forum are all welcome.

Congratulations! Now, you'll be having more time to read more stuff about bitcoin as you're already invested on it. This amount ain't little for someone who has been eagered on learning on how it goes and join us being one of the bitcoin holders.

Just a little warning, holding bitcoin is addicting and I think that $60 will be soon added more by you as you think that the more you have, the better and not just holding but also buying.

This is a good step and congratulations to you. But it is not about buying BTC only, it is about what you buy it for and the other opportunities associated with it that you might not know yet. You might need to learn how to maximise your earnings with BTC or make transactions with it as the case may be for better usage.

You might want to check out a topic I posted a while ago about this, I am sure it would help you. Here is the link: https://bitcointalksearch.org/topic/m.61094642

Congrats. But just as a heads up, I hope you know how to properly store your bitcoin. You wouldn't want hackers and scammers running away with your hard-earned money.

https://bitcointalksearch.org/topic/general-bitcoin-wallets-which-what-why-1631151
https://cryptosec.info/wallets
https://cryptosec.info/scams

If you want to celebrate about anything you feel it's great or an achievement you can post it here Announce your rank up, merit or any achievements that makes you feel great! .

To be honest I don't see any reason what's the thing I should congratulate you, because it's a normal thing that most people already done before. It's true for new people who have never buy Bitcoin before will feel excited, but you haven't hold until the bear market make the situation worst like the price is decreased for 50% from the beginning you bought. This is the test to know if you're a diamond hand or a weak hand.

Small or big we should appreciate what we do and how we experience to be enjoin on crypto journey. It may be small of value today but rest assured that it will appreciate through time. Also who knows by doing dca of your extra money it would grow bigger and havevan unexpected value later on. Congrats on your first purchade of BTC

Congrats. Bitcoin has been making lots of people happy since its inception.

However, living out of bitcoin might be difficult from now on. I am not saying it is impossible but the growth may not make you that happy. Maybe you can double or triple your money but will that be enough for you? That would make lots of people happy but I am not sure about you.

You should probably consider the other investment options too if you are aiming to get retired.

If you are thinking about becoming a trader, then that's whole another story. The growth potential there is simply limitless.

It's been nothing but JOY through out yesterday for me, as I was able to officially buy my first Bitcoin for HODL. I have been really interested in cryptocurrency lately but had no single clue of how it really works.
I then met with a friend, not just friend but a very long time friend, who have been thriving in the crypto space for guidance, and he kept giving me series of web links to go study and get back to him when done.
This is one thing I'm not really good at, which is reading for long and even writing.
I tried twice but couldn't and kept going back to him to just summarize everything and show me how to start making a living out of Bitcoin just as he was doing, but he kept referring me back to the links he sent and each time he did, I really feel bad and thought he never wanted to help me.

Two months back I took the challenge and read all he gave to me and not just once but about thrice this time, got all I needed and went back to him, but on a different note and then he told me, "WE DON'T CUT CORNERS, TO MAKING A LIVING GENUINELY." I felt that really hard and one thing he always kept singing was that I always buy Bitcoin at every opportunity that I have and today I'm so glad to announce that I was able to buy about $60 worth of Bitcoin, glad the journey of a thousand mile has began on the 28 of October 2022, And I hope it leads to greater opportunity in the industry, as I'm willing to learn ways.


Please join me celebrate my little beginning as I hope to update the community about my progress.