Topic: What was your first cryptocurrency? Come share your story! - page 2. (Read 397 times)

I will not say I was not easy to fool, I was just lucky that I had someone to guide me, first leading me to this forum, then helping me when needed. I did not make the mistake of investing in some altcoin that later turned out to be a scam, my first investment was in bitcoins. And because I do not always like to learn from my own experience, I'm quick to learn from the experience of other people and from this forum, I learned that investment in other coins aside bitcoins can be quite dangerous and not give the outcome of making profit that you the investor desire.

Well, the forum itself is named BITCOINtalk.org which means that the first cryptocurrency that people would receive would most likely be BTC.

To share my story, I remember back in 2017 when I first heard about BTC. I was literally confused at first and I also considered this as a scam because I thought this is a glorified name for a new m2m scam which was prominent during that year. But when I read threads about people sharing their investments, it made be believe that there is an unexploited opportunity behind this forum.

When I first received my BTCs back in participating in campaign signatures, I was definitely happy and ecstatic. Knowing that I have the opportunity to earn investments online with my hard-work gave me that inspiration to share my story to others as well.

I won't dive into the topic about my success and failure but I will share the first crypto I owned back when I started in crypto. The first crypto that I owned is ETH which is because I joined bounty campaigns before when ICO was a trend back then. The second is BTC and then the altcoins I earned during the ICO which I did earn money from it until I no longer joined ICOs later on because it was no longer a trend and won't have a good outcome to the forum which you can say that joining ICO back then only resulted in spam and low quality posts.

If I am not wrong, My first crypto was Bitcoin. There was a website named freebitco.in (still does) and I was able to claim the faucet every hour. This was my first crypto experience I guess. I could be wrong because I have also experienced some websites without even understanding that it's a cryptocurrency website and it's money.

I remember building a website with xtgem web builder and a adnetwork used to pay in Bitcoin as well. Ah, those old days! I am sure that Bitcoin was my first crypto. But I could be wrong with the freebitco.in because I may used another website before this one.

Of course Bitcoin, I got to know Bitcoin in 2016, at that time I had not registered here as a member, in 2018 I tried to register and until now.
A brief History.
I found out about Bitcoin via the internet/google, in the past I didn't really believe in cryptocurrencies, at that time there weren't as many Bitcoin users as there are now, it took me two years to search and learn about cryptocurrencies/Bitcoins in real life, After I understood and saw them making real transactions, I believed them and I registered here as I said above, As time goes by, I understand and really understand how Bitcoin actually works until now and I try to trade, invest and so on, that's my brief about crypto currency.

The point is: if you are really serious about the first crypto currency you are introduced to, I am sure you will be successful and really understand the crypto you are learning.

When I got into the crypto scene around 2013/2014, Bitcoin was too expensive for me personally (from today's perspective, this was of course a complete misjudgement). That's why I initially focused more on altcoins, so my first coins were Litecoin, Namecoin, Freicoin and Devcoin. All of them still exist, but apart from Litecoin, the others basically no longer play a role. I only came to Bitcoin after a while, when I realized that the price I thought was too high in 2013 was actually still far too low seen in the bigger context I then bought my first bitcoins at low prices around $100-150.

Bitcoin was my first.  And I am VERY proud of it.  I would dread my history had I started by wasting my time and money with Shit Coins to only end up in a very tough life lesson.

I would recommend any body to begin with Bitcoin.  There is truly no thing you can regret about that.  You get a glimpse of what is going on and you learn the most IMPORTANT things.  You get used to a truly Free and truly Decentralized Cryptocurrency.  Then if you see the other Cryptocurrencies you will realize very quickly that they are not the same thing and do not provide the same feeling of safety Bitcoin does.

The other way around is much different.  Getting into Altcoins first is a big mistake.  You will likely be infected with this virus of never purchasing Bitcoin but purchasing ALL sorts of Shit Coins instead.  Only to realize much later on that your investments are going to hell while Bitcoin continues to provide enormous financial benefits to every real holder.

Well, absolutely bitcoin is my first cryptocurrency and to a further extend it is the only crypto that I considered as an investment for some reasons which I don't know what exactly, probably the proven coin and when learning more I understands that it is the only crypto that has actual decentralization and not slipping away from why it was created.

Surely making money with altcoins is possible and people bagged unexpected profits the alt-seson of 2018 and recently the memecoin craze still going on but I just made a decision and trying to go in that path.

Me, like many others here, invested in Bitcoin before even knowing about other cryptos. When I started reading and posting in this forum I knew about the ethereum network, due to the hype on ICOs, and diversified my portfolio (more than I would have liked, in retrospect).

Tron, Binance Chain... are more of the same, so I'm sticking to the first crypto I knew and owned, which is Bitcoin, and I'm happy enough doing it that way. No hope in 100x potential coins anymore, with a few exceptions.

Just so you know, this very post will serve as reference in case you come up with another thread again that you don't know about crypto or haven't invested in it before. Well, I think my own experience is different from others reading through the replies under this post. I can't really remember the exact cryptocurrency I first invested in for now. The only thing I remember right now is that I invested in random coins simultaneously back then and of course, Bitcoin was part of them despite the capital wasn't much like that. The truth is that I have no single idea of what I was doing by then but obviously act on influence from one thing or the other. Funds were really wasted but the good thing about it was the experience gained.

Most people were here because they care about bitcoin and discover this platform from their search or quest to know more about bitcoin, so as by default, i expect everyone here being a member to at least be able to afford having the least amount of bitcoin they are holding even though they may as well include other crypto portfolios, bitcoin should be the first and major, if others will follow, just as we expect that the reason for everyone joining here is bitcoin.

Obviously it is with Bitcoin. I am so noob to it because it's a new thing that I have heard. I didn't thought to buy as a whole and I just want to test the waters because during that time, you'd hear a lot of taboo and bad impressions about it. You name it, like being used by criminals, for drugs, money laundering, etc. But that didn't stopped me in knowing more about it. And because of various cryptocurrencies that can be found in the market now, it's always been Bitcoin that's the face of this industry. Whenever you're going to talk to someone and start a topic about cryptocurrencies, they will for sure going to ask and tell you about Bitcoin even if they don't have it and chosen to get into another altcoin.

Normally people always find out about Bitcoin and that's the first thing they acquire too. Then they find out about shitcoins and a smaller percentage of them fall for them and end up buying. That's because altcoins don't have enough "bling" to attract newcomers, but they can be attracted if they know about Bitcoin and then the advertisers fool them into thinking their shitcoin is on the same path and is in early stages (so they can get in early and make a big profit).

Take big shitcoins for example.
You can't tell a newbie there is this cryptocurrency called XRP that is completely centralized and the company decides the supply, can seize your money and freeze your account, and has no usages. Come up and buy it!!!
Or you can't tell them there is this other cryptocurrency called ETH that has a massive premine and is centralized where the company decides to roll back block and you may lose your money that way. It also has no usage but to create scam projects known as "tokens".
and so on.
These things don't interest anyone who doesn't already know about cryptocurrencies (ie doesn't know about Bitcoin).

But someone who already knows about Bitcoin, has seen the rise and the potential, knows the utility Bitcoin offers as the only existing decentralized money, etc. can be fooled into thinking shitcoins like XRP, ETH, BNB, SOL, DOGE, ... are "useful" with potential of making a lot of profit.

I am sure that most started with bitcoin. So, you are not the only one.


Yes, that's exactly it. The first acquaintance with cryptocurrencies and bitcoin in particular leaves an indelible impression for a lifetime. For me it felt like accomplishing a (personal) feat. It was as if I was able to look into hitherto inaccessible areas (in fact, that’s what happened).

Unfortunately, I am not one of those people. And as one of the ordinary people, I failed (more than once) while taking my first steps in cryptoindustry. Due to unsuccessful investments, bitcoin was partially lost.

Before I was in a space that has given me a lot of insight into Bitcoin, I often heard about Bitcoin with all its advantages and conveniences for those who own it. After finding this forum, I started learning about Bitcoin from the basics to its advantages which make many people very interested in wanting to own it. Bitcoin is the first Cryptocurrency that I own, even though currently many other coins are starting to arrive to enliven competition in the Cryptocurrency market, Bitcoin remains the crypto asset that makes me feel the safest even though I keep it for a long time.

Everyone has a story to tell both the successful ones and the decline ones all have it. And many started it with good capital while others struggled to start up and some are still struggling to meet up. All have story to tell. Many hear cryptocurrency in this forum while others heard it before coming to the forum. And buying not crypto, many are interested to buy they are afraid to invest in the new technology because they don't have enough knowledge about it. So to invest become a problem for them.

I was hearing about bitcoin before I came to this forum but was not having the basic knowledge of it and it was when I came here I acquired the knowledge of bitcoin fully. Therefore my full experience of bitcoin started from here. And many people have been in the system for a long time yet they don't understand the changes or the movement of bitcoin and they follow the prediction of others but have no data analysis on their own.

Since I've been here(Bitcointalk, and the broader industry) for a good while now, of course, it's Bitcoin!

And there's no special story around it. It's just me, and my hatred of the custodial service that is PayPal for pretty much taking my money for "damages". Hence why I got really interested in Bitcoin, and the rest is history.

Your name makes me feel your first purchased cryptocurrency is a GameFi token. I don't know when you buy your first GameFi token and if you did it in 2021, 2022, you already felt how painful it is with massive loss.

If you only buy a GameFi token recently, my reminder is those GameFi tokens usually have very bad tokenomics and they are super inflationary. A longer time you hold it, a more loss you will gain. Don't hope to get rich with GameFi tokens, it's unrealistic.

Is GameFi Dead? 3 in 4 Projects Have Failed.

 ;)Speaking of the first time, hey, that’s something I’ll never forget! The same goes for buying cryptocurrencies. When I buy it for the first time, I feel so excited that I feel like I have opened the door to a new world. The mood I felt at that time was simply more exciting than a novel.
However, after wandering around in the world of cryptocurrency for a long time, it is inevitable that you will be a little dazzled and confused by various temptations and fluctuations. But then again, truly smart people will not be fooled so easily. They are clear-headed and will carefully observe the changes in the market and will not be blinded by the superficial excitement. Unfortunately, there are not many such people. We ordinary people have to be leeks a few more times before we can learn some real skills and grow slowly in this cruel market.