Topic: What have you learnt from this forum that has actually saved/ you in real life. (Read 396 times)

One thign Im sure you would learn is to do your own research, doing your own research is the best way to grow in this crypto space, lots of innovation been introduced everyday and even our safety has become an issue of concern as scammers are relentless in their pursuit to get access to our holdings.

Like you said lots of good people to help out, but you must ask questions and I think as a newbie the first thing you should learn is security then how to aquire bitcoin, cause they is no reason been here If you don't have plans to buy bitcoin.

Out of curiosity: what did you spend your BTCs on?

I would not say that this saved my life but it completely changed on how I was my spending habits during college.

Growing up with a family of 7 with a single dad was not easy. It can be a little bit of difficult if you are the eldest and you have 5 siblings who are younger than you. Basically, I am the eldest of the family and I have 6 siblings in which every single of them was going to elementary and high school. As you may imagined, the priority when it comes to spending school materials are with them.

When my friend introduced me this forum, I thought it was a shallow gimmick. I posted on threads and took it for granted that cryptocurrencies can actually benefit you if you know what you are doing. After a few months, I realized that there was an enormous opportunity for me to earn money online (which is very convenient) and I quickly grabbed such opportunity to at least alleviate my current situation at home.

Fast forward, I was able to participate in dozens of signature campaigns which rewarded me some BTCs which I quickly converted to my local currency. I used it mostly for school materials, books, and for my food also.

While I do regret spending my BTCs back in 2017, I am still forever grateful for the opportunity that this forum provided as it helped not only me but indirectly helped my family as well.

It would not be possible to describe the contribution of Bitcoin Forum in two lines. Bitcoin is an important change in our life especially when I first got into Bitcoin I didn't know anything about Bitcoin. Bitcoin forums are like having a newspaper in my hand every morning. I am daily getting news from different countries and abroad about Bitcoin and BitcoinGet the necessary updates. Bitcoin forum created another important milestone in my life especially when I entered bitcoin forum this bitcoin forum fulfilled many requirements of my career especially educational career. Words can never explain the contribution of this Bitcoin.

I think the most importantly thing I learned from the forum is to never stop chasing opportunities especially if you are highly capable on doing that. Don’t just quit just because you experience initial losses, winners do not quit and quitters never win. And that teaches not just about bitcoin matters but certainly in all aspects of my life. However, in order to be a winner, knowledge, skills, positive spirit and a full determination to take some risks are a must.

Everyone have its own understanding and the concept of increasing its experience towards Bitcoin so for you to understand bitcoin very well you need to make an adequate research or a continuous research a concerning Bitcoin so with the research you can be able to have more experience of cryptocurrency especially it wallet technology, so is good communicate adequate research concerning cryptocurrency so that during then you'll be able to understand when the market or the Investment is against you, so it is good to make a proper research concerning bitcoin so that you have the knowledge and you will not be disappointed when the market is negative

There are few things that actually helped me avoid scams, but the one that I remember is a thread about a telegram account that targeting freelancer so they can lure those freelancers to send some money to a fake exchange. And I never thought that the day would come that I will be the prey. So this telegram account I forgot the username, and the account has been deleted so I cannot check it, they want to order a design from me, not a big amount just about $300-$400, but they say they can only send the money through their exchange because it's their policy, they want me to register to their exchange it doesn't need KYC so I just do it, I make new email account and register, I just want to do the job, receive the payment and withdraw it to my wallet. I always ask for 50% of payment paid upfront and this is the same, they agreed and to send the payment to my account on their fake exchange.

I can see that my account balance has been filled with some BTC, so I try to withdraw it, but when I try to withdraw, the exchange requires me to deposit some BTC ($200 if I am not mistaken) for verification. I realized that it's very suspicious and I remember than just one day before that happened I have read some thread about this scam operation, I tried to check again that thread eventhough the exchange name is different but the procedure of the scam is identical, so I immediately close my browser, scanning my system for any malware or virus and clean everything. I am glad that I read those Bitcointalk thread this prevent me from being a victim.

Before it was a good idea to tell people that you are an advocate and enthusiastic about Bitcoin, but nowadays, the situation has changed dramatically and you can think of yourself as someone putting into the wild with these scavengers that you'll never know if they're friends or already have a bad plan against you because you've just mentioned that you own Bitcoin. This is mainly the reason why I don't want to tell anyone what I do or I just choose to whom I am saying that I still hold Bitcoin. Because of the wrench attacks, you have to be careful to whom you trust and talk to.

Controlling of emotion is one of the major thing someone who's joining the Forum for the first time should have because I know we have those old and new members who just know how to trigger ones emotion (negatively) and before you know the heat of exchanging words would start coming out.
If there's a way to teach some members on how to control their temper I think it should be done on the Forum, like creating a thread where you can read it and know how to tackle it.

The forum has thought me that you should always be patience about everything. Because you see people ranking up and getting merit from some other members shouldn't be something to be upset about, everything has time and when it's your time to shine, you will shine and nothing is going to stop that from happening. You might even be lucky to have a buddy here like some merit sources that give considerable amount of merit. Just write well and do al you know, and don't force it.

From what forum has taught me, I think patience is what we all need in life, in every aspect of life you need patience. However, you must work hard and help your self with good food too replenish with good skills, anything that are asking God to make possible for you, it will come to pass.

My first contact with Bitcoin was somewhere in early 2011 when I also mined some coins with my graphic card (yes, that was still possible in early 2011 before FPGAs and ASICs took over the reign). I don't quite remember if I was reading in this forum at that time. I thought I did understand Bitcoin somewhat. I was wrong...

Later when I frequented this forum more often, I realized I knew almost nothing about Bitcoin and its intricacies. This late revelation triggered my will to learn and understand more about technical aspects of Bitcoin, privacy and security in particular. Before it didn't prevent me to do some stupid things with my coins in 2013/2014, mostly due to ignorance and overconfidence when the latter wasn't justified at all. Some have to learn by burning their fingers (obviously me included) and listen to more experienced and wiser forum members...

Don't take other's words as religion, research and learn stuff yourself, be vigilent because if something sounds too good to be true, it's usually not good for you.

I have learned a lot from this forum by interacting with many senior members they make many things easy for me to understand. The first thing I learned here on this forum is the investment method which is the DCA method on the other hand I learned many other things from here which includes how to avoid from phishing links... how to make your funds secure in the crypto space... how to avoid scams... what kind of in which projects we should invest and many more thing. I just mentioned some of them I learned here from Bitcointalk.

I learned a lot from this forum from working on bounties to get money, trading methods that suit me, if you know the method of buying rumors and selling news, I use that now. Apart from that, I got knowledge about always accumulating bitcoins, said the person who wrote that when the time comes for the Bitcoin halving, the price will rise drastically. I have been accumulating bitcoin for a long time, no matter whether it goes up or down, I keep buying by leaving 10% of my salary in real life to buy bitcoin.

There are many things that I have learnt from this forum that has saved me from losing all my coins.

1. Saving coins in a self custodial wallet
2. Staying away from phishing
3. Avoid scams
4. Controlling your emotions
5. Investing in potential coins and not falling for shitcoins

These are just a few out of the many things I have learnt from this forum.

I have learned a lot from this great bitcoin forum. From this forum I learned what cryptocurrency is and how it works and how to invest in bitcoins and how to trade in different coins. I also learned how to be a successful investor or professional trader. I also learned how to slowly accumulate my bitcoins and be able to hold them for years. If I had not come to this forum, I might not have learned and understood about these in detail. As long as I am here, these things I have learned will be useful in my life.

Investing in Bitcoin is a future thing, Bitcoin made me understand this, unlike before where price action is a big thing for me, now it's not the same, I have more confidence holding Bitcoin for the long run, because I now understand that this is how bitcoin works, now there is no more reason to panic.

Bitcointalk taught me more about running crypto nodes and also understanding the difference between Bitcoin addresses and others like the deterministic wallets, the bip32 and bip 39, the more time you spend on this forum the more you will want to learn, unless you are someone who is here for something else, I enjoy reading and trying to learn from each threads.

So far it's been a great journey registering on this forum as a member, I believe there is more to learn on here still, so I don't see myself moving away from here for some long period of time.

For me, this forum has been a priceless educational resource, offering a plethora of knowledge that is difficult to completely list as I jot down my observations. But of all the lessons learned, the most important one is about how important privacy is to one's own life. Before I became involved in this forum, I could never really grasp the idea of privacy. The exterior conversation was mainly on monetary benefits; coin investments and profit-making techniques were the main topics of conversation.

The mainstream narrative frequently overlooked how important it is to protect financial assets and personal information. This understanding has had a great impact on me, leading me to reconsider how I approach privacy and recognize its critical value. It is unsettling to see the general lack of understanding about privacy that drives people to keep their money on exchanges, ignoring the basic need of protecting one's financial and personal integrity, and minimizing Bitcoin to a profit-making instrument instead of realizing its wider ramifications.

Being part of a big community such as Bitcointalk taught me to be careful while investing or trading and you need to start from the scratch before getting to that greater hight, patience is one of the key role in getting involved in Bitcoin, desperation doesn't pay. It also made me to read more before making any conclusion on different topic, learning from other people's mistakes, it made me to believe that Bitcoin has never been a scam, because that's what I have been thinking since I first heard the name Bitcoin and many more to mention.
Thanks to Bitcointalk.

Big part of me has learned a lot from the forum and still continuing to gain knowledge and information with the help of the reputable members in the forum. However, probably the best message that leave a big impact to me is that never let your money sleep in a bank but take the risk and invest.

If you wish for a big financial gains and returns, then let your money work until you see it’s making a progress. With bitcoin investment, regardless if you chose to hold or trade when you’re more capable enough, you know your money will eventually grow and will reach a very significant amount in the future. But the process is not that easy that you might have to endure losses at first, but with patience and great motivation, you will achieve your end goal that you have set from the very beginning.

Many thing, but three most important things I learnt are decentralization, security and privacy.

There's always a case banks froze someone's money, a company declare bankruptcy (stock), someone bought a fake gold, hack in centralized site, mafias in real estate etc. In Bitcoin, you don't have to be worry, as long as you understand the basic principle, you won't be scammed and you won't lost your coins.

Privacy is important because we're live in unfair worlds, some people are unfortunate e.g. poor, working as a street sweeper that get low payment, while some people are lucky e.g. born from rich parents, get a chance to work in high payment jobs etc. When the poor know someone/his friend is richer than them, they will ask for money and say/do a bad thing if you don't want to give it.