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Topic: What were your experiences with Bitcoin when you first started? - page 55. (Read 55268 times)

hero member
Activity: 910
Merit: 500
I have seen bitcoin for years when i was doing the online money making but before i was just using paypal and ignores it until i saw my proof mining on his PC so i decided to try and during that time i am so happy earning .001-.005 btc per week
sr. member
Activity: 503
Merit: 250
When I first started using bitcoin I was really clueless,
I don't really know what to do on how to receive how to send and how will I earn,
Then I found out a group where they post every link where you could earn satoshi for free and some HYIP that you could invest in.
sr. member
Activity: 742
Merit: 397
Ofcourse all start are the most hardest part of a thing or an activity or an job like this.Its hard to earn at your early stage here because of lack of knowledge on opened opportunities that may help you earn
sr. member
Activity: 249
Merit: 250
It was between 2009 and 2010, first time I got the internet and registered on facebook, I'm pretty sure there was a game where I could buy some stuff via bitcoin, not sure how much does it cost but anyway, so I did some jobs as "free rewards" and got some bitcoin. Since then I haven't heard about them for next 4 years (wasn't actually interested).
In 2014 friend got 0.5$ worth bitcoin on some faucet site, and gambled on satoshimines, he got lucky and withdraw around 100$ so I also got interested.
Since then I started to explore more about bitcoin and now altcoins.
member
Activity: 113
Merit: 10
DopeCoin Is Here Join the Revolution!
Scammed every day has been my bitcoin involvement, not a very good advert is it Huh
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
We had the same experience and thoughts about Bitcoin before. I was scammed multiple times when I was a newbie and I decided to stop using it because of that. Then after a few years, I decided to try it again but I did some research first and now I'm earning good and learn from my past mistakes to avoid being scam.

I think that most of us had been scammed in some way during our early days in Bitcoin. Cloud mining schemes were the usual among scammers, making us believe that we would make profit within a short amount of time.

In addition, there were some ICOs that turned out to become a scam, as well as the infamous Paycoin cryptocurrency by Garza. This last one made me lose a lot of money, but thanks to the lessons learned, I have avoided these schemes as much as possible.

Nevertheless, we should always be vary of the risks underlying Bitcoin to increase our experiences within it for the long term. Just my thoughts.  Grin
hero member
Activity: 1176
Merit: 509
When I firstly heard about bitcoins I thought that its a pure scam and its not worth to invest money in it as in long run it will only give me loss so after doing some great research I found that its an genuine way of earning some extra money.

We had the same experience and thoughts about Bitcoin before. I was scammed multiple times when I was a newbie and I decided to stop using it because of that. Then after a few years, I decided to try it again but I did some research first and now I'm earning good and learn from my past mistakes to avoid being scam.
hero member
Activity: 756
Merit: 500
I started my bitcoin life in 2016.First time I don't know what is bitcoin & why use bitcoin then one of my best friend help to know about details bitcoin.First time I claim for some satoshi earn from some bitcoin sites.
Oh! You started it quite late than that of me. I encountered it for the first time in 2011, at that time my concept was not clear about the bitcoin and later on in 2013 I started the Bitcoin. I find it a very interesting journey for myself and the others who are related to it.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
When I firstly heard about bitcoins I thought that its a pure scam and its not worth to invest money in it as in long run it will only give me loss so after doing some great research I found that its an genuine way of earning some extra money.

Most people think about the same way, when they first get into Bitcoin. The vast field of scammers around within the Bitcoin digital currency, has made many people believe that BTC itself is a scam when it is not. But, those who remain into Bitcoin, will later realize that the same gives them huge opportunities to make profit.

These days, people are looking into Bitcoin as a serious investment, than it was a few years ago like the Wild West. The positive happenings on Bitcoin, overcomes the negative ones, eventually leading its path towards becoming mainstream.

I think that most of us learned by experience and by exploring the forums within our early days of Bitcoin. Thanks to the knowledge earned, we can share it to others who're in their first steps in the cryptocurrency world. Just my thoughts.  Grin
sr. member
Activity: 420
Merit: 250
At primary stage it was bit confusing for me to learn how to earn bitcoins but my friend helped me in teaching the ways to earn bitcoins and after that I have never looked behind and earning bitcoins on regular basis and its always an positive feeling and experience when you find a way to earn good amount of money.
member
Activity: 91
Merit: 10
When I first came across cryptocurrencies and bitcoin, it blew my mine about this world that existed beyond normal everyday life, that most people have little or no knowledge of. At first I was sceptical, but cryptocurrencies are no worse that fiat currencies which can be highly manipulated -at least there is a public ledger with bitcoin. Bitcoin or something like it will certainly be the future of transactions around the world, free from middle men controlling everything and allowing everyday people access trade without all the red tape. A very welcome development, only in its infancy.
sr. member
Activity: 2226
Merit: 259
Buzz App - Spin wheel, farm rewards
I started my bitcoin life in 2016.First time I don't know what is bitcoin & why use bitcoin then one of my best friend help to know about details bitcoin.First time I claim for some satoshi earn from some bitcoin sites.
hero member
Activity: 1162
Merit: 547
CryptoTalk.Org - Get Paid for every Post!
I first heard about bitcoins on nat geo's show about money n 2013. After the episode I forgot about it. In 2015, there was a rerun of the same episode and after that I searched about "Bitcoin", got some basic knowledge, started with coinbase as my first wallet. Initially I thought that bitcoins can be generated at home by mining. I ran miner on my laptop and due to extreme heating it automatically went off. After struggling for few days, I learned about mining that quit it. Started using faucets for a month, invested the satoshis in a ponzi website and BOOM ! Scammed !
Later I found out this wonderful forum from where my bitcoin earnings skyrocketed !
hero member
Activity: 868
Merit: 535
I started with Bitcoins in 2013. Basically, I bought Bitcoins with the use of fiat. I used to buy Bitcoins from a local exchange and use it to gamble on nitrogen sports. Thereafter, I use it to bet it on NBA games.

Truth be told, the use of Bitcoins has not been an easy road to take considering the factors that lead me to question every online transaction. Also, at that time, Bitcoin was a bit new in the market where I came from. Thus, parting with my money in exchange for Bitcoins really makes me obsessively anxious. Well, I guess it is part of gambling after all. Otherwise stated, it is a quintessential part of business after all. Perhaps taking risks is key.   
sr. member
Activity: 364
Merit: 250
Super Smash Bros. Ultimate Available Now!
When I firstly heard about bitcoins I thought that its a pure scam and its not worth to invest money in it as in long run it will only give me loss so after doing some great research I found that its an genuine way of earning some extra money.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
That is the common mistake for us newcomers in Bitcoin in which we all think that this is the only way on how to earn money via HYIP (Which I really don't consider as a kind of investment).  Also the good thing is you have been introduced by your friend early on about Bitcoin but you have missed the opportunity of the lifetime on making your capital more than triple the amount. Well we can all learn from out mistakes.

For every new Bitcoin user, it's the usual thing to see HYIPs or even cloud mining as a serious investment. By that time, we've made many mistakes in our investments, by the lack of guidance of someone experienced in the field, but as time went by, we've discovered reality by exploring the forums, or by any other means.

While HYIPs offer great returns for your investment, it would never serve as a stable and reliable investment, as usually they turn out to close up shop and run away with your hard-earned money. Cloud mining in return, is also a scam, since many cloud mining providers tend to steal your money, not to mention that it would be very hard to reach ROI in less time. There are a few reputable cloud mining companies like Genesis Mining and Hashnest from Bitmain, but again, your chances of reaching ROI would be very minimal.

Nevertheless, it is always best to seek out advice from those in the Bitcoin community which have years of experience, to help you move forward in this field, and increase your knowledge. Just sharing my thoughts.  Grin
hero member
Activity: 642
Merit: 500
My biggest problem was buying bitcoin itself. The only way I knew was to use virwox, it is a complicated process and huge fees, even now I had to use paypal to buy some, and in the end 20 euros turned into 12 in btc
related to me in near past when i was just started my biggest problem was its conversion from fait money to bitcoin because at that time the price was really low and i was expecting rise in it so, i was searching for the source of it so, that was my biggest problem in near past when i was just started.
sr. member
Activity: 777
Merit: 251
I would like to know what experiences did you had when you first started with Bitcoins. As for me, I had many that I would like to share with you.

When I began in the Bitcoin world, I was a complete rookie with no proper knowledge of how did mining worked or anything about cryptocurrencies. I just thought about Bitcoin as another payment processor like PayPal. But when I joined the BitcoinTalk community, I learned so many things along the way. In my process of learning in the first days, I decided to invest into cloud mining services. Since I didn't knew much about it, I invested a plenty amount of Bitcoins to start my journey into it. During that time, I had gotten into many different services. Those were GAW Miners, then Cointellect, cloudminr.io and finally Hashnest. After getting scammed many times by the services mentioned previously, (except for Hashnest) I have lost many Bitcoins. As a result, I decided to never invest into cloud mining and thus dedicate myself into learning more about the cryptocurrency and look for other ways to earn Bitcoins. It was then that I enrolled into the signature campaign that I am currently into and during all that time I began to earn Bitcoins as well as diversify my investments into different alt coins. Now I am dedicated to trading Bitcoins and other alt coins, as well as working for it (like the signature campaign and working as a freelancer) in order to earn coins and build up my portfolio along the way.

Anyways, what would be your experiences with this exciting cryptocurrency?  Cheesy
When I was starting in bitcoin of course I don't know anything about it, I just only heard and read it most of the in a socials media, until one day I became curious about the Bitcoin. After I heard it, I search it in google what is really all about until I found that it is a digital payment online, then by it was the beginning of my journey on Bitcoin.
sr. member
Activity: 454
Merit: 251
My experience when i first use bitcoin ofcourse it's hard because I've been asking many questions to my friend what are the things that should i do ? and not to do? in using bitcoin. My friend was a big help to me because he answers every questions that i ask. So today i know a lot about bitcoin because I've been learning since the first day that i first use bitcoin.
sr. member
Activity: 322
Merit: 250
I was just your average joe really, I did not know anything about Bitcoin, I just wanted a get rich quick scheme but I ended up getting a whole lot more then what I asked for. Before the time of me finding out about bitcoin I had a normal job at a package handling service, but the timings had given me too much stress and I could not bare it anymore so I quit. I thought bitcoin might help me out and it sure did. I did invest into some ponzi/hyips but I got lucky on some and managed to get my money plus extra back. I also was gambling a lot and made quite a lot of profit from that.
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