What were your experiences with Bitcoin when you first started? - page 56.

ethereumhunter

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Quote from: Theb on April 28, 2017, 11:47:41 AM

Quote from: abel1337 on April 27, 2017, 08:52:07 AM

My friend Introduced me bitcoin around 2012 and the bad thing is he only knows to invest to hyip site and he taught me that only. Investing on hyip before is quite good because a hyip site has a long period before it turn to scam , but after rolling my money on hyip site. It finally scam me , All profits and capital has scammed by the hyip owner. That time I was discourage to use thats why I stop using bitcoin , After a year I came back and use bitcoin again and the bad thing Is the bitcoin price before is only 250$ as far as I recall , If I bought alteast 20 bitcoins today I will earn to much profit from it.

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.

but reality i think new people is attracting in bitcoin world from HYIP programs or investment programs. i remember that in last year or two year ago, one MLM is really famous to attracting people and many of them is join in that programs but finally, in this years that programs is getting drop and many of that people is getting scam.

Theb

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Quote from: abel1337 on April 27, 2017, 08:52:07 AM

My friend Introduced me bitcoin around 2012 and the bad thing is he only knows to invest to hyip site and he taught me that only. Investing on hyip before is quite good because a hyip site has a long period before it turn to scam , but after rolling my money on hyip site. It finally scam me , All profits and capital has scammed by the hyip owner. That time I was discourage to use thats why I stop using bitcoin , After a year I came back and use bitcoin again and the bad thing Is the bitcoin price before is only 250$ as far as I recall , If I bought alteast 20 bitcoins today I will earn to much profit from it.

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.

Abiky

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Quote from: staff_1307 on April 23, 2017, 09:17:29 AM

I don't work very long with Bitcoin, I still have a lot to learn and understand.

Well, most of us having a lot of time in experience in Bitcoin, have a lot to learn too, since the technology underlying the digital currency is complex, and involves many subjects like Cryptography and more. I, myself have been almost 3 years in Bitcoin, and it is still the day which I need to learn more about the technical aspects of it, to become an expert in the future.

It is all about patience and dedication, to better understand and make use of the revolutionary technology that powers today's cryptocurrencies, thanks to Nakamoto's creation. So, if you persevere in Bitcoin, your efforts will be very rewarding in the long term. Just my opinion.

maku

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Quote from: lx001 on April 27, 2017, 08:32:14 AM

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

Why are you intend to use methods to buy btc which are burdened with the highest possible fees.
PayPal and VirWox are only good when you want to buy small amount of BTC very fast - it's emergency way of buying coins.
Don't tell me you live in a country where there is no local exchange, or using Coinbase or exchange with global presence is not avaiable

abel1337

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My friend Introduced me bitcoin around 2012 and the bad thing is he only knows to invest to hyip site and he taught me that only. Investing on hyip before is quite good because a hyip site has a long period before it turn to scam , but after rolling my money on hyip site. It finally scam me , All profits and capital has scammed by the hyip owner. That time I was discourage to use thats why I stop using bitcoin , After a year I came back and use bitcoin again and the bad thing Is the bitcoin price before is only 250$ as far as I recall , If I bought alteast 20 bitcoins today I will earn to much profit from it.

sergio red

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well, the first ever experience with bitcoin was so smooth for me, because one of my cousins told me as well as directed me a very friendly way. that is the way I did not face any hassle for entering into this valuable forum. I am really grateful to him for his support.

lx001

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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

SingAlong

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When I first joined Bitcoin I really struggle to find answers to my questions and I keep asking my friend about it who referred it to me but I keep it in moderation so I will annoy it because I do sometimes gets irritated when somebody keeps asking question though. I search for the answers and kaboom there are a lot of technical terms which I try to search it again and kaboom another technical term my mind wants to explode since stuff like this is new to me but now I know enough and can pick things up quickly.

DoublerHunter

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Quote from: btctousd81 on April 27, 2017, 02:20:59 AM

sorry for noob question, but whats signature campaign ?

thanks

I think your question is related to the topic because when i was just getting started, i also asked a lot of questions. Signature campaign is a kind of source of income where you will need at least member rank account and you will have to post good quality and you will earn weekly or monthly depending to the campaign manager that you are joining.

btctousd81

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sorry for noob question, but whats signature campaign ?

thanks

ice18

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I started earning bitcoins in 2014, I cant imagine before there such thing as bitcoin and have a very high value and out of curiosity I tried it with faucets sites especially freebitco.in this faucet seems to be the king of all faucets out there still working until now, bitcoin technology at first is pretty amazing others doesn't believe on this until they realized the high value my friends think before its a scam but they are all wrong,,

SmokerFace

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I discovered bitcoin since 2014 but first it's not easy to easy to earn money on bitcoins because bitcoins at 2014 is low value and i first tried to earn bitcoins is by using faucet website they just give 200 sats every hour then after that i discover mining websites like Scrypt.cc but it turns into scam because of hackers, when in 2015 i make a bitcointalk account but i didn't know that theres way to earn bitcoins here in bitcointalk forum, When in 2016 someone tells me in this forum that you can earn a bitcoins in signature campaign by puting signature on your profile and after that i make my own faucet website but i failed because of bots and now i discover TRADING and for good i earn a good profit everyday.

hardtime

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Was actually pretty good when I first started, price was a bit volatile but it seemed fine as I was getting pretty luck in the times where I bought and sold on the daily with Circle.com (Gosh, that was so wonderful when it was still a thing) But at the time, Bitcoin was just starting to have some scaleabity issues that I even noticed as a newb to the entire thing, though the tx fees weren't even close to this whole issue we have right now in the least. The price for a tx was usually around .10-.15 cents and I think that was personally fine for most transactions.

This issue right now is kinda deterring me from using Bitcoin and just using my debit card, wish that wasn't the case though.

megynacuna

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Quote from: Rasel5209 on April 22, 2017, 07:55:42 PM

when i start online earning don't know about bitcoin. first my friend introduction with btc. he tell me btc increase day by day and i buy some btc from wallet and i invest.

Cheers! But you can actually use them too, not just hoarding them down. You can actually purchase items with it and pay less transactional fees. So you might consider tweaking your usage of Bitcoin a lot.

Kyraishi

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Quote from: Bionicgalaxy on April 19, 2017, 10:02:13 AM

My experience with bitcoin when i first started bitcoin is i have a big problem to understand and how to use bitcoin. I've been asking for help to my classmate every problems or confusion in bitcoin. Thanks to my classmate he answered and helped me to understand bitcoin.

That is it, I always have thought that the best option to understand the concept of bitcoin and to grasp mechanics of blockchain is when someone is willing to teach you.
Obviously, the friend is a best person for you, but still that may be someone who you dont know so well, but you need to be sure that you can trust him without a problem.

For newbies, it is a hard task to get throught all that knowledge by themselves, but explaining always makes it easier for them.

I was taught about BTC by my good classmate, but that was some time ago Wink

ophyrim

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When i saw my first satoshis in my wallets i said "oh god this is real" This thing is going to be huge. I have to be a part of this world. And than I understood that bitcoin is a very good instrument for investment. This is the future form of money. Now my idea has not changed, but I can also see new profitable investment instruments like altcoins.

optigon

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It was bit complicated for me when I first heard about bitcoins and was really not interested in spending time behind it but after I came to know that I can earn a good amount of money by posting in a signature campaign that attracted me towards bitcoins.

duckydonald

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Quote from: pinkpanther03 on April 26, 2017, 08:51:29 AM

I was started from the scratch, I begun study about in bitcoin though I want to start earning at once but cannot be, due to there's no shortcut in this industry for you to earn bitcoin, the only thing you could get if you don't have any money was faucets, and joining in the signature campaign.

Yes even I started my journey with signature campaign to earn bitcoins and I never wasted my time on faucets sites as my friend clearly told me that it will waste your time and there are better ways to earn them so its good to concentrate on those methods to earn good amount of bitcoins.

pinkpanther03

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I was started from the scratch, I begun study about in bitcoin though I want to start earning at once but cannot be, due to there's no shortcut in this industry for you to earn bitcoin, the only thing you could get if you don't have any money was faucets, and joining in the signature campaign.

Gens09

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We you are starting using bitcoin we know that it is really normal for us to get disappointed in many times when we lost our bitcoin or we been scam by a company or a person. So in my experience in bitcoin the first lesson i learned is there is always a scammer alert every where you before taking a risk i suggest to you to start first a research in many site before taking it you should learn from others mistakes.

Topic: What were your experiences with Bitcoin when you first started? - page 56. (Read 55268 times)