this is how i researched about bitcoin. - page 2.

AbuBhakar

hero member

Activity: 1120

Merit: 554

🇵🇭

Quote from: cafter on April 07, 2023, 05:24:59 AM

then i researched about what is mining and why GPU's always been out of stock. then i learned about bitcoin and took my first trade of $20 in 2021, when the bull run was ongoing and now i am in 80% loss because i was very new then and invested most of the part in altcoins.

what's your story?

Imho Bitcoin can’t be mine using GPU during 2021 and most probably you will encounter first Ethereum instead of Bitcoin since GPU mining is profitable only for altcoin like Ethereum since Bitcoin can only be mine using Asic miner.

I first encounter Bitcoin through ponzi that being shared to social media in my country. Bitcoin become popular here due to faucet and ponzi which promises profit by just solving captcha and investing online. I learn Bitcoin the hard way by experiencing a lot of scam since there’s no clear warning about this scam scheme before. I just become open minded after learning the forum and discuss here with other user.

livingfree

hero member

Activity: 2884

Merit: 579

Hire Bitcointalk Camp. Manager @ r7promotions.com

I have seen those legit gamers blame the miners for having a GPU shortage during that time. Every bull run, miners are like that and taking every possible stock of GPUs but then when the transition of ETH from pow to pos happened, that has changed a lot.

Now, those expensive GPUs dropped down in price and they have got enough stock for every customer since most GPU miners were there because of ETH.

And even manufacturer of these GPUs were blaming the miners but now, look at how they reason out that there is an actual chipset shortage worldwide.

I was about to invest huge with GPU mining but just thought that I do not want to exert much effort on it and it was what I have noticed first so, like what others are suggesting to just buy bitcoin instead and so I obliged.

Cryptomiles1

full member

Activity: 798

Merit: 134

Sorry to call your attention I need to get something clear about you investing in bitcoin, after you made your research and you invested 20$ in bitcoin and some of your money to altcoin. Now my question is does the lost only comes from bitcoin or those altcoin you invested gave you what you wanted?
Because I can't believe you totally lost rather bitcoin would take time to recover than any other altcion out there. Some of the altcoin may not survive the bear market while some of them may end up folding down.

cafter

full member

Activity: 448

Merit: 223

influencers play big role to impact our mind,

after knowing about bitcoin i was not convinced to invest in bitcoin or learn about bitcoin, because a well known influencer was telling that this is a ponzi scheme without learning about it. (one is warren bucket)

so one was that reason that i missed bitcoin.

DanWalker

hero member

Activity: 1960

Merit: 547

Vave.com - Crypto Casino

Quote from: uchegod-21 on April 07, 2023, 06:40:16 AM

Quote from: cafter on April 07, 2023, 05:24:59 AM

what's your story?

Your story is different from mine , Yet here are some kind of similarity. I did not just stumble on bitcoin on the internet rather I was informed about bitcoin by my friend, but instead of him telling me to invest in Bitcoin and continue using bitcoin. He rather told me that I should instead invest in altcoins. That bitcoin is too expensive. That I could not afford it at this time.

It was because of his advice that I missed investing in Bitcoin when I knew about it. However, the rest of the story is a regret, but I am into it now.

As a newbie, everyone will have bad experiences, but we should not regret it. I knew bitcoin quite early through a friend, but he also did not teach me to invest and hold bitcoin, what he taught me was to buy bitcoin to participate in Ponzi projects. I also didn't learn what bitcoin is and just thought of it as a vehicle to invest in those projects.

It wasn't until I lost everything I invested in those projects that I got bored and became idle. I was curious about the name bitcoin and just started to learn and invest in it. I believe most of those still on the market to this day have had many of the same initial experiences as you and me, but I have never regretted it because our lives are all about experiences.

uchegod-21

hero member

Activity: 1134

Merit: 643

BTC, a coin of today and tomorrow.

Quote from: cafter on April 07, 2023, 05:24:59 AM

what's your story?

Your story is different from mine , Yet here are some kind of similarity. I did not just stumble on bitcoin on the internet rather I was informed about bitcoin by my friend, but instead of him telling me to invest in Bitcoin and continue using bitcoin. He rather told me that I should instead invest in altcoins. That bitcoin is too expensive. That I could not afford it at this time.

It was because of his advice that I missed investing in Bitcoin when I knew about it. However, the rest of the story is a regret, but I am into it now.

Lorence.xD

sr. member

Activity: 1624

Merit: 315

Leading Crypto Sports Betting & Casino Platform

Hopefully you did your own research first after hearing about mining. It always a common mistake by newbies to lack knowledge and experiences about Bitcoin. Its also part of your journey to loss before winning. Actually I don't have any idea what is it about before, like how can they mine Bitcoin using GPU? That would be my first impression. In my case, I've found out Bitcoin by exploring the internet. Saw some articles how you can earn in Bitcoin in some ways. So I watched some tutorials online and started with small amount first until it continues. Started a long time ago have many mistakes which I fixed causes me to loss>win.

cafter

full member

Activity: 448

Merit: 223

I was thinking of building my new PC in 2021, I built my pc without graphic card but while researching about other components like cpu, ram, storage, case, then i heard about GPU shortage cause of mining, and shortage because of people bought GPU 's very fast(in short time) after coming into stock.

then i researched about what is mining and why GPU's always been out of stock. then i learned about bitcoin and took my first trade of $20 in 2021, when the bull run was ongoing and now i am in 80% loss because i was very new then and invested most of the part in altcoins.

my road to bitcoin is like this.

what's your story?

Topic: this is how i researched about bitcoin. - page 2. (Read 262 times)