Topic: OMG !!!!! You BitCoin people were right. I wish I had bought back in March :( - page 12. (Read 7334 times)

Any online wallet is enough to store bitcoins on the account, if we are not talking about amounts of more than 2 bitcoins. The main thing is not to lose your password and not share it with anyone, also keep your computer clean, without downloading any dubious software from the Internet. I use a Bitamp wallet which is quite reliable. Now you can safely buy bitcoins, since the price will only grow, which I am constantly talking about. You shouldn't listen to those who say that bitcoin has reached its maximum price now and you shouldn't buy bitcoins. The demand for bitcoins will only increase, as evidenced by all the facts and prerequisites.

Hey man! Regret is always the wrong attitude. You learmed your lesson, move on and hodl, this is the best and safest long-term solution.

PS, the way you spell "BitCoin" weirds me out for some reason

Read some of your previous posts if your memory no longer serves you well.
Like some members said six months ago, you're either a troll or a moron. There is no alternative.

You can consider trezor as a wallet to store your coins. I have been using this since 2017 to store all of my assets and I never encounter a serious problem with it.
You should not ignore other opinions about the best time to buy bitcoin. If you had bought some bitcoin and you are getting a bunch of money right now.
You should have learned a lot of lessons. I guess you can also use exodus too.

In terms of the convenience of buying bitcoin with your cash, using a centralized exchange is better. But since they are regulated, expect that you might need to comply with KYC or any forms of verification as fiat is involved there. Before there's a platform that offers P2P transactions without KYC but I'm not sure if such a service exists today so just wait for other's responses. If there's a Bitcoin ATM around you, you might want to give it at a test as I think there's no KYC involved there but you need to associate your bank card details or something along those lines.

And now for the storing your coins part, nothing beats the use of hardware wallets but take note that the full security depends on how will you handle it.

https://www.ledger.com/
https://trezor.io/

I was never a troll, I just disagreed with you.

The difference between me and most people is that I can look at facts and change my position when it is warranted.  Most people are unable to learn and pay no attention to evidence.   If you knew me, you would understand that I look at evidence and make my judgements based on that, my change in attitude towards BitCoin would not surprise  you.

When I see people make 6 X their money this years in BitCoin, it is time to change my position.   The large money coming into the BitCoin market could change everything, if so I am absolutely want to buy BitCoin before prices rise even more.

Hard Facts

It's better to wait fo some correction than to buy at these price now, it will sure to drop soon after this season and will definitely have its time again to rise in price, it's natural for those who have known BTC before but didn't buy to feel guilty since it can be a great profit now but it's really late to regret so better just buy after this season and wait again since now we know how the price can react and each some amounts we didn't expect to reach in just a span of months.

If you are a long term investor go ahead with current price as I don't suggest buying at this price if you are looking for a quick gain as we have seen drop in the value of Bitcoin so it's really important to wait for a bit for bitcoin to drop in its value and then buyback through a reputed exchange. We might see further bull run as well henc eif value starts increasing inside of decreasing then please buy back immediately.

Many have come into late realization and surely have regretted that they did not bought way back at March when the pandemic starts and when the price dumps into nearly $5,000 if I have right to remember it correctly. Actually every dump of Bitcoin's price must be treated to be an opportunity to buy so you must grab that specially its been too long since Bitcoin have been into such price so it is really a great opportunity to be taken. Also, we all do know that Bitcoin always manages to recover even at the hardest times which you could have already experienced if you are staying quite long in this industry so no doubt that such opportunity of buying Bitcoin at its lowest is a good choice which we are all enjoying because of the current state that its price have reached more than $20,000 already

Yeah, I am getting many calls from friends/family along the lines of 'why did you not make me and twist my arm to get BTC/Crypto ..back in the day!....I started in 2013..and

went through an 'actual' live about 8 friends 'intervention' in 2013 along the lines that Bitcoin was a cult (no altcoins yet) that ended up in a 'shouting' match that I was

naive..and no one talked to one another for around a month. Then when BTC tanked after the like $1.2k ATH in December 2013 or so...went through yet another such

thing (this one was un-organized) at a party...and much yelling I should sell at $200 and even more stupid in that it obviously was a pump and dump.

This is not even going with my 'family' where my mom yelled at me along the same lines on the phone.

Now I'm getting a 'revised' history of the above, no one seems to remember the shouting and sneering..go figure.

Also, they seem to think somehow I was not pro-active enough to get them to get some BTC/Crypto ..it usually goes along these lines,,,becasuse as a 'newbie' kool-aid

drinking 2013 almost to the point of door to door Mormon pounding to get people to listen...I know I tried to sell everyone till shut down at least 2x.

But anyway, a friend in the last week. "I asked about BTC/Crypto and you setting something up and you did not have the time" (how he remembers it)

me reminding him, was at his house. I go 'sure' we can whip up a Coinbase account www.coinbase.com in like 5 min or so (no KYC then) and make

a paper wallet and first we should start the virus checker. Naw, did not want to sign up on a 'cuboids' BTC/Crypto exchange even though only password and email

to look about, did not want to set up printer ...really did not want to run the virus checker, probably because he never bothered and embarassing.

Man, I"m getting a lot of this going on in the last week

you should buy now because as speculation it is

1) going to dump 1/2 the price it is now having 'met' adoption ceiling and then act say like traditional investment at 1-2% a year growth...worse case.

2) going to stay at the price it is at any particular day/time you ponder such things as speculation and stay this price with adoption and go up 1-2% a year growth same as (1).

3) going to do what Bitcoin/Crypto has done in the past and go up 5x/10x/16x from the $22k price it is now.

Just saying, sell crap in the attic you will otherwise die with, on eBay and buy BTC/Crypto..just in case (3) is the real deal......and even (2) ain't bad

as to (1) above never forget buying BTC/Crypto is 'speculation' it is not 'investment' so only put in what you can afford to lose.

Brad

When you have a local exchange that is already trusted and has been around for a long time maybe that is the best choice because after all, the local exchange will at least comply with the local government rules so I think it is also an important point that the exchange is compliant with regulations that will keep our funds safe. But indeed, it is not recommended and all options go back to yourself but for me, I never use any hardware to store Bitcoin and I only use Electrum wallet as well as regular web wallet.

Most of the current rally can be attributed to the mainstream adoption of Bitcoin, especially by various payment processors such as PayPal. Back in March, no one had the slightest idea that this is going to happen. PayPal had always adopted a hostile stance towards cryptocurrency and no one really expected them to change their attitude towards Bitcoin. So you don't need to worry much about it. If you want to make an investment in Bitcoin, even now I would say that BTC is underpriced.

Many people said that before, they are regretting that they doubted bitcoin at first.

Right now, there are a lot of investors who are late enough to benefit and make bitcoin profitable in the market.

That's why the bitcoin adoption this year is much higher compared last year. This is the best time for us to engage and deal with the market, also other cryptocurrencies in the market are profitable. Don't hesitate to invest, it is never too late to trust and hold bitcoin.

Except you are just trying to make a thread, what have you been doing in this forum since you join last year July, I will always newbie in the Forum to buy bitcoin and Ethereum while they learn, the risk at that time was so low and will save the time spent on learning. You were not learning and making right decision since you been here. It is not about buying a whole bitcoin or more at a time, you can buy in trickles has the excess money shows up. At $22K, you can still make 5x from here.

Buying Bitcoin is never been a problem specially if your country is not a Bitcoin Haters ,or even if Bitcoin is prohibited still there are altcoins that you can get and convert into Bitocoin.
Why talking about Scam when Buying ?There are Exchange in which you can safely Buy and if there are non available in your Place ,there are Many Escrow in this forum that is being proven and entrusted for years of thousands of Bitcoins,You can use their service for your safety.

_____________________________

Know what? Seeing you Posting this? proves that Bitcoin is really a Life changing Creation/invention ,because you? that for How many Thread created contradicting and talking against Bitcoin is Now wanted to Have this ? Life is really full of mystery and excitement .


Welcome to "Bitcoin Community" Finally  HardFacts.. this means i will never see Posts created by you in Negativity ?

The return of the torll.

You were so negative towards bitcoin and now when it went up and you were proven wrong you change your mind? Some say better late than never.

If I were you I wouldn't buy because you're reacting late to the market. You're following a move instead of predicting it. Just buy gold since you think it's so much better than bitcoin.

Hey, don't stress over it. People have different priorities in life. But now that you're finally in the community, welcome aboard!

As for security. Look up hardware wallets. My recommendation is Coldcard Wallet.

Once you get a hardware wallet, play around with it for a bit. Set it up, make appropriate backups, maybe send a small amount of BTC, and then wipe the device clean, and finally restore using your backup and make sure your small amount of BTC is associated with the same key. This is very important to ensure you understand how backups work and the seed you've written down is correct. Also gives an additional peace of mind when you understand how you can restore backups.

You had really missed out some good opportunity but into those days, no one really knows on what would happen next but at least they do took the risk and buy when its still cheap or
in when people or everybody is in doubt with the market.They risk out and now they are earning the reward of that risk taking decision that they had made.When it comes to advise
then you should accumulate bitcoin and if you are a long term holder then it doesnt matter if you do buy bitcoin in the current price at the moment.Who knows if tomorrow it would 30k or more but
dont remove into your mind about the risk because not all things you do anticipate with bitcoin do happens.Always take caution and awareness on making decisions.
Best way to buy bitcoin is through exchangers or local otc or wallet. Storage? Non custodial wallet or hardware ones.

Maybe it's much safer to store in a hardware wallet I think it's safe as long as there are no viruses on your computer, but to buy a lot of centralized exchanges that many believe you can buy anywhere but if you're still unsure about saving on a centralized exchange then that's what recommended with hardware wallets.

Remember that negligence will definitely occur if you are not careless and careless, I have experienced something like this but what happened can be a lesson for me and I will not repeat it again.

I remember you, it is nice that you have changed your mind since there is no shame in being wrong since we have all experimented that before, now the safest place to purchase bitcoin is without a doubt a centralized exchange, the problem is that they're going to know that you bought bitcoin, so if that doesn't bother you then you can do that, and storing your coins for the long term is not that hard, you can either buy a hardware wallet or if you have an old computer that you can spare you could store your coins there.