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Topic: What Would you have done differently if you restart your journey with Bitcoin? - page 2. (Read 636 times)

sr. member
Activity: 378
Merit: 285
Let's learn and laugh together guys, share with us the following about your experience with the golden coin Bitcoin:

1. How did you get to know about Bitcoin and in what year was that?

2. Did you make any silly mistake? if yes, what was it and what will you tell a newbie?

3. If you are to go back in time, what do you wish you had done differently?

4. Your favourite or best time with Bitcoin?

5. How do you see Bitcoin in the next 50 years?

1. I knew about bitcoin from my elder brother and it was in the  2011 but I was very young and I didn't take it serious. I decision I will every live to regret.

2. Yes I made some silly mistake buy selling my 2 bitcoin I bought back then to him. My advice to newbies is just to always hold onto their bitcoin for as long as possible.

3. I will keep my bitcoin and not sell it to my brother, I will even buy more and hold.

4. My best time in bitcoin was in 2021, that's the year I made good money from bitcoin.

5. Bitcoin will become very expensive and scarce. The price will soar very high. Bitcoin will become the most important digital asset in the world.
sr. member
Activity: 476
Merit: 337
Let's learn and laugh together guys, share with us the following about your experience with the golden coin Bitcoin:

1. How did you get to know about Bitcoin and in what year was that?
Earlier those days when I start to dey hear about Bitcoin I been dey so much confused on how I go take start to dey buy Bitcoin. Although those early days I thought Bitcoin was basically for trading only so along the line I manage to join this forum and I can't remember how, so from there I learnt a lot from the forum that I knew Bitcoin is worldwide and you need to choose what you want to use Bitcoin for. From the forum I see many threads whey dey teach people better things about Bitcoin investment (like buy the dip and hold thread), so me self read the thread and I also learn many things from the thread, so now I done know say for person to achieve big as a bitcoiner him need to invest for long term.
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2. Did you make any silly mistake? if yes, what was it and what will you tell a newbie?
Omor the truth is that I have been scam (though it's pass tense) and I know history can not repeat it self.
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3. If you are to go back in time, what do you wish you had done differently?
Well like I said early that I was scammed while I was trying to invest in Bitcoin. However what I would have done is to correct the mistakes that I ones did earlier the days I heard about Bitcoin that made me to get scammed.
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4. Your favourite or best time with Bitcoin?
Besides I don't have any best time for now but I think I gladly say that my best time is every time.
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5. How do you see Bitcoin in the next 50 years?
Well, Bitcoin is a good store of value now and to my observations, nothing will ever change the worth Bitcoin have now, so if Bitcoin can be a good store of value now it means it will be more valuable in the next 50 years.
sr. member
Activity: 476
Merit: 316
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Let's learn and laugh together guys, share with us the following about your experience with the golden coin Bitcoin:

1. How did you get to know about Bitcoin and in what year was that?

2. Did you make any silly mistake? if yes, what was it and what will you tell a newbie?

3. If you are to go back in time, what do you wish you had done differently?

4. Your favourite or best time with Bitcoin?

5. How do you see Bitcoin in the next 50 years?

Firstly bitcoin isn't a gold coin because gold coin are physical tendered assets which the governments regulates while bitcoin remains digital asset and decentralized.
I actually heard about bitcoin around 2010 but just as many suspected to be unrealistic so I did too. The only mistake I did was to doubt the realistic of the coin because if I did is would had accumulated much huge values of bitcoin than the late time I realized the reality value and potentials of bitcoin and if I am to go back to make correction about bitcoin then I'd adoptor when it was first introduced with $0.00.
Don't blame yourself for not accumulating bitcoin when you first heard about it in 2010. People hate what they don't understand. So many of us here failed to accumulate bitcoin the very first time we heard about it. If the person who bought 2 pizzas for 10,000 bitcoins knew the price of bitcoin would be this high, he would have held his bitcoin for a long time without selling it for a penny. We have seen what bitcoin has done; we should make use of this opportunity and accumulate enough bitcoin for the long term so that we will not regret for not accumulating bitcoin now that the price is still low.
hero member
Activity: 546
Merit: 516
1. How did you get to know about Bitcoin and in what year was that?
I learnt about Bitcoin during those days there were restriction to FX in our country, so I had to ask questions on how to send money across borders. Bitcoin came through for me as I could send money with ease. Buying it was a little challenging though because it was mainly through agents, most of which were scammers. It was when Luno, NairaEX and Binance became popular that it was easier.

2. Did you make any silly mistake? if yes, what was it and what will you tell a newbie?
Each time I look at my wallet in those earlier days, I feel like crying because of the volume of Bitcoin that have passed through me yet I didn't hold. I was just buying and using to pay for subscription and other services abroad. Some of them were even invested in projects that turn out to be scam. My biggest regrets is not holding any of those Bitcoin. By now I would have been comfortable financially. 

3. If you are to go back in time, what do you wish you had done differently?
if everything play back again, I will rather hold most of those Bitcoin that use them the way I did.

4. Your favourite or best time with Bitcoin?
My best time in Bitcoin is now because I am now holding Bitcoin as I have decided that I will never run out of Bitcoin again.

5. How do you see Bitcoin in the next 50 years?
Bitcoin is the future of finance so the price and influence will be huge as time progresses and as we experience more Bitcoin halving, the scarcity will increase leading to higher prices.
sr. member
Activity: 462
Merit: 355
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Let's learn and laugh together guys, share with us the following about your experience with the golden coin Bitcoin:

1. How did you get to know about Bitcoin and in what year was that?
I knew about bitcoin since 2014 but never took it seriously not until 2022 when I did my first transaction through trust wallet.

2. Did you make any silly mistake? if yes, what was it and what will you tell a newbie?
Yea I actually made mistake during transaction from roqque to trust wallet but not bitcoin actually rather TRX which was sent mistakenly from an intended network to another network. Uptill date I haven't received it.

3. If you are to go back in time, what do you wish you had done differently?
If I had the power to turn hands of time, I would have took bitcoin accumulation seriously by buying it in balk and stack.

4. Your favourite or best time with Bitcoin?
My favourite or best time with bitcoin was when I started to receive bitcoin from signature campaign in this forum.

5. How do you see Bitcoin in the next 50 years?
Bitcoin is the future and the future start now. I believe by 50 years time people would be super rich through bitcoin. If only they can take accumulation process seriously without procrastination and self doubt of when to start buying. For now is the best time to buy and stack bitcoin .because the opportunity to buy bitcoin at affordable rate will be not be possible when bitcoin would have emerged to $1m or more.

The advice I have for the newbies is to always make judicious use of any given opportunity expecially bitcoin Investment. They should stop procrastinating because that is an element of backwardness out of laziness. Time is money so they should use their time well and also lean how to Focus because lack od focus is also a barrier to success.
full member
Activity: 952
Merit: 232
Let's learn and laugh together guys, share with us the following about your experience with the golden coin Bitcoin:

1. How did you get to know about Bitcoin and in what year was that?

2. Did you make any silly mistake? if yes, what was it and what will you tell a newbie?

3. If you are to go back in time, what do you wish you had done differently?

4. Your favourite or best time with Bitcoin?

5. How do you see Bitcoin in the next 50 years?
I got to know about Bitcoin in 2016 and joined this forum in 2017 if I can remember correctly and since then the only mistake I had made so far was to try to use Trust wallet at the instant to HoDL my coins. Well, I lost the phone in which my trust wallet was, I didn't know where I wrote the seed phrases and even though I tried to recover the or should I say download the trust wallet again, I lost the former along with the little coins I had in it.

I don't know what I would have done differently because I didn't know better until joining this forum and learning about the best practices to keep my wallet safe.
My best journey with Bitcoin has been receiving payments for jobs I have done in Bitcoin and then I trade and withdraw to another wallet or diversify to another coin to trade later or hodl till further notice.

Bitcoin in the next 50years is going to be a massive revelation in that there would be more adopters and more newcomers as well as it being used as a common means to facilitate payments upon completion of transaction and services rendered.
full member
Activity: 126
Merit: 93
Let's learn and laugh together guys, share with us the following about your experience with the golden coin Bitcoin:

1. How did you get to know about Bitcoin and in what year was that?

I first came to know about Bitcoin in 2017 through TV news in my country. Basically I was not very curious about money related matters at that time because my family did not give me that right. I was passionate about studies and family wanted it.

2. Did you make any silly mistake? if yes, what was it and what will you tell a newbie?

To be honest, if I had the opportunity to study more about Bitcoin at that time, my financial situation could have been better. Even investing in my country's historical market system through fiat would not have wasted time and I would not have lost so much money.

3. If you are to go back in time, what do you wish you had done differently?

Believe me - I always regret that if I had known about bitcoin forums earlier, my life could have been better. I might have a few bitcoin circles full.

4. Your favourite or best time with Bitcoin?

I came to know about this forum through one of my friends towards the end of my student life and by then it was too late and I am now a jobber and a small bitcoin holder as well.

5. How do you see Bitcoin in the next 50 years?

I mainly focus on depositing bitcoins following DCA method and want to fill at least one full circle. On a regular basis I continue to deposit a portion of my disposable income into Bitcoin each month through DCA management. I expect Bitcoin to cross its ATH shortly. I am more optimistic that it can touch $100k within this year. While it is difficult to predict what will happen to Bitcoin in the next 50 years, I can say that there may come a time in the future when people will have a lot of money but not be able to buy Bitcoin - either because of insufficiency or because holders will not sell. Most investors concentrate on holdings.
full member
Activity: 182
Merit: 131
Better days are close
Let's learn and laugh together guys, share with us the following about your experience with the golden coin Bitcoin:

1. How did you get to know about Bitcoin and in what year was that?

2. Did you make any silly mistake? if yes, what was it and what will you tell a newbie?

3. If you are to go back in time, what do you wish you had done differently?

4. Your favourite or best time with Bitcoin?

5. How do you see Bitcoin in the next 50 years?

Firstly bitcoin isn't a gold coin because gold coin are physical tendered assets which the governments regulates while bitcoin remains digital asset and decentralized.
I actually heard about bitcoin around 2010 but just as many suspected to be unrealistic so I did too. The only mistake I did was to doubt the realistic of the coin because if I did is would had accumulated much huge values of bitcoin than the late time I realized the reality value and potentials of bitcoin and if I am to go back to make correction about bitcoin then I'd adoptor when it was first introduced with $0.00.
Any my advice to newbies is that they should believe that bitcoin is a reality to store values and there had been introduced lot of crypto currencies with the aim of the developers to scam adoptors so, be careful while investing on other cryptocurrencies aside bitcoin.
Talking about the future of bitcoin in 50 years time is undeterminable but it's sure that bitcoin would become more dominance and value as times goes by til then.

When I said golden, I didn't mean gold, I only meant that it is a gem, a precious virtual coin that it is.

Oh wow, that is great though and it is funny that people didn't believe it at first but they now do, I wished I had bought it with my school fees then, mama would have been proud of mew by now. Haaaa Grin
Buying Bitcoin with your school fees wouldn't have been a good idea considering that fact that Bitcoin investment is not a get rich quick scheme where you accumulate Bitcoin with your little amount and expect to get rich soonest, for you need to be readily prepare before investing so it will not affect your personal life and your Bitcoin investment journey, for you will need to set aside your discretionary income and your disposable income, with your emergency, reserve and float fund readily available so you won't sell out your Bitcoin hodling when emergency may occur. Also with your DCA method it will help accumulate more Bitcoin either weekly or monthly as the case may be.
full member
Activity: 1358
Merit: 207
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Quote from: VicManton
1. How did you get to know about Bitcoin and in what year was that?
I got to know BTC through one of my brother that based in the city in 2020, and he explained everything to me about BTC and he spend some times in the village to ensure I got it before he return back to his residence state in Nigeria.

It was not a smooth journey at the beginning, because I was still finding something difficult to understand the way the price of BTC was dumping and the BTC in my wallet will be devaluing in my wallet, but one year later I became very perfect about BTC investment, and my brother was very happy that I got it right after the impact him impacted me.
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2. Did you make any silly mistake? if yes, what was it and what will you tell a newbie?
Yes, the mistake I made in my BTC journey, I used to trade my BTC when the price just newly pump up in the market, thinking it will still go down immediately but the price will continue pumping higher after I have sold all my BTC, which was the mistake I made then, but right now, i don't rush to trade when the price of BTC just hit high in the market than to wait for the price to pump more before I can trade to take big  profits.
sr. member
Activity: 308
Merit: 256
Let's learn and laugh together guys, share with us the following about your experience with the golden coin Bitcoin:

1. How did you get to know about Bitcoin and in what year was that?


I heard about Bitcoin in early 2019 but I didn't get to really know what it is all about not until December 20th 2024 that is exactly my forum registration date which a friend actually introduced me to and that was when and how my research about figuring out what Bitcoin is started.


2. Did you make any silly mistake? if yes, what was it and what will you tell a newbie?


The mistake made which am still not very much happy with myself is  refusing to have figured out or research about what exactly Bitcoin is as earlier as at 2019 when I heard about it which probably I must have known more than what I knew now about Bitcoin but nevertheless I wouldn't let my pass mistake take much of my time by seeing it as a lesson, what I will tell every newbies is to join the moving train (Bitcoin) by investing with as little as they can with dca strategy either weekly or monthly as it please them and how hold for as long as possibly 4 to 10 years of probably having the compounded value of their investment over time as Bitcoin has proven beyond every reasonable doubt to be and have a solid foundation.



3. If you are to go back in time, what do you wish you had done differently?


I would have been able to have and  know more than what I have now.



4. Your favourite or best time with Bitcoin?


With the love and commitment I have for Bitcoin every time is my best time.


5. How do you see Bitcoin in the next 50 years?

It must have made several All time high as at 50 years with a more wider spread adoption far beyond expectations.
jr. member
Activity: 150
Merit: 4
Let's learn and laugh together guys, share with us the following about your experience with the golden coin Bitcoin:

1. How did you get to know about Bitcoin and in what year was that?

2. Did you make any silly mistake? if yes, what was it and what will you tell a newbie?

3. If you are to go back in time, what do you wish you had done differently?

4. Your favourite or best time with Bitcoin?

5. How do you see Bitcoin in the next 50 years?

Firstly bitcoin isn't a gold coin because gold coin are physical tendered assets which the governments regulates while bitcoin remains digital asset and decentralized.
I actually heard about bitcoin around 2010 but just as many suspected to be unrealistic so I did too. The only mistake I did was to doubt the realistic of the coin because if I did is would had accumulated much huge values of bitcoin than the late time I realized the reality value and potentials of bitcoin and if I am to go back to make correction about bitcoin then I'd adoptor when it was first introduced with $0.00.
Any my advice to newbies is that they should believe that bitcoin is a reality to store values and there had been introduced lot of crypto currencies with the aim of the developers to scam adoptors so, be careful while investing on other cryptocurrencies aside bitcoin.
Talking about the future of bitcoin in 50 years time is undeterminable but it's sure that bitcoin would become more dominance and value as times goes by til then.

When I said golden, I didn't mean gold, I only meant that it is a gem, a precious virtual coin that it is.

Oh wow, that is great though and it is funny that people didn't believe it at first but they now do, I wished I had bought it with my school fees then, mama would have been proud of mew by now. Haaaa Grin
sr. member
Activity: 476
Merit: 316
Get $2100 deposit bonuses & 60 FS
Let's learn and laugh together guys, share with us the following about your experience with the golden coin Bitcoin:

1. How did you get to know about Bitcoin and in what year was that?
I got to know about bitcoin through my brother, who introduced me to the crypto world far back in 2016, but I lack the knowledge that we can easily invest in bitcoin and hold it for the long term since I have less experience with how blockchain works.

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2. Did you make any silly mistake? if yes, what was it and what will you tell a newbie?
Yes, I made a mistake by not investing in bitcoin earlier when I knew about it due to lack of proper guidance. I will tell a newbie to start investing in bitcoin since the price is not that expensive yet. And he or she shouldn't invest his whole money in bitcoin so that he or she will not mess up his bitcoin accumulation journey.

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3. If you are to go back in time, what do you wish you had done differently?
I will make sure I am holding enough bitcoin in my possession, and even though I am not accumulating bitcoin again, I will be okay with the one I have accumulated. I will also make sure all my family members invest in bitcoin. By now, everyone will have been thanking me for giving them the update that will change their lives.

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5. How do you see Bitcoin in the next 50 years?
Bitcoin will be fully adopted in the world, and no one or government will want to stop its citizens from using it because bitcoin will be seen as what will change the world for the better. In the next 50 years, bitcoin will be taught in schools so that people will have early knowledge about bitcoin and how it works. 
sr. member
Activity: 476
Merit: 307
2. Did you make any silly mistake? if yes, what was it and what will you tell a newbie?
The percentage of people who made mistakes in their bitcoin career is high and probably above 50%. As of today people still make mistakes even the experience and old investors. It will surprise you to know that a good number of people even those participating in this discussion do not have a bitcoin portfolio and are not doing DCA even with as little as $10 per week. If you sample opinion, you will see several reasons, some of which will be convincing. But I see it as lack of trust and confidence in bitcoin because even those that have fine reasons why they don't hold bitcoin have other areas they invest their money especially in physical assets. I don't have a problem with investing in physical assets, but as a bitcoiner or someone earning bitcoin, it is morally expected that you have some bitcoin you are holding no matter how little they are, this shows that you believe in bitcoin. So, I call this a mistake that I made in the past and I know some people are still making it now. 

3. If you are to go back in time, what do you wish you had done differently?
If know what I know now and still given the opportunity to go back in time, I will save all my money in bitcoin including money I earn in fiat but not in budget for immediate use.

5. How do you see Bitcoin in the next 50 years?
Just like every other lover of bitcoin, I expect bitcoin at $1m 50 years from now, the reason I am saving some of my funds in bitcoin in expectation of a better day ahead. Within my active years of service, if I can have some who numbers of bitcoin saved, I will know that upon retirement I will be a millionaire in dollar. This is my plan for the future.
full member
Activity: 658
Merit: 172
1. How did you get to know about Bitcoin and in what year was that?
I was introduced to bitcoin by a friend, and that was in 2022, Sapa been dey brush me then.

2. Did you make any silly mistake? if yes, what was it and what will you tell a newbie?
I did not make any silly mistakes because I had guidance from the person who introduced me to bitcoins and I was able to ask him easy questions. The person did not just introduce me to bitcoin but he also introduced me to this forum where I was able to read and learn from other people's experience so that I can avoid making some silly mistakes, it has really helped.
Most people who have made silly mistakes in cryptocurrency investing in bitcoin are people who did not have any guidance, either from any individual or from this forum.
sr. member
Activity: 448
Merit: 264
I came to this forum through a friend in 2022 April. And at first I was adamant and I don't want to involve in it because of passed experience. But with the persistent and persuasion from him made me join the forum. And for the number two I made a mistake of posting another person work without quoting.and dem ban me at dat time and I came back as the second chance was given. Me I no like to go back again because nothing dey di back. Working in a good campaign nai go be di good time oh and learning new things.
hero member
Activity: 2464
Merit: 519
If I were to start again with Bitcoin, I wouldn't be greedy with my gains and would sell when I felt I'd made enough profit. I'd learn to enter the market early during the bear phase and keep my profits in USDT, not fiat, during the bull market. Timing is crucial—there's a time to invest in Bitcoin and a time for altcoins. No altcoin is worth holding through a bear market, so I'd sell at any price once I knew the bull market was over. If I had another chance, I'd follow these strategies for better results.
full member
Activity: 182
Merit: 131
Better days are close
Let's learn and laugh together guys, share with us the following about your experience with the golden coin Bitcoin:

1. How did you get to know about Bitcoin and in what year was that?

It was towards December period 2013 I heard about Bitcoin that was the period I got admission into the university most persons in school then was talking about it I didn't have any idea about it or how Bitcoin look like before I later heard about it early 2014  



2. Did you make any silly mistake? if yes, what was it and what will you tell a newbie?


Yes the silly mistake I made then was not investing into Bitcoin because I first thought it was one of this Ponzi scheme of a thing I never wanted to invest then because I have lost lots of money concerning online investment then because I don't really know what Bitcoin was all about I never knew how potential it was.


3. If you are to go back in time, what do you wish you had done differently?
Now that I have know more about Bitcoin how potential it is I would have stack and accumulate more Bitcoin using the DCA strategy and hodl for a longer period of time for Bitcoin is more profitable in future.


4. Your favourite or best time with Bitcoin?
It was 2022 I started having more knowledge about Bitcoin investment since I have heard about it for long I thought it will just come and go just like other Ponzi scheme then, so when I got how legit and reliable Bitcoin was I started my Bitcoin investment journey.


5. How do you see Bitcoin in the next 50 years?
I believe by then  Bitcoin will hit great ATH, more people will want to invest into Bitcoin.
hero member
Activity: 770
Merit: 538
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First, I got into Bitcoin late around 2019, and secondly, I lost a huge amount of money on some forex investments years ago when I was not really too into Bitcoin or cryptocurrency. If I could go back in time, I would have just invested in Bitcoin with that huge amount of money that I lost in my forex investment. If I had known that that was how that investment was going to end, and if I had also known about Bitcoin very well, then I would have just bought Bitcoin, deposited it in a self-custodial wallet, and stored the private key in a place I could not reach it for eight years. By now, I would have been a millionaire, but I made the mistake and lost the money. 

My best time with Bitcoin was the last ATH of 2021, which made me realize the potential of Bitcoin. I believe that in the next 50 years, 1 Bitcoin will not be less than $500,000.
hero member
Activity: 812
Merit: 560
3. If you are to go back in time, what do you wish you had done differently?

I think the third question best talks more on the topic which is self explanatory itself, if i can have the opportunity of turning back the hands of time with bitcoin, i would have invest and be among the whales who would have been holding to this time ever since inception, but to the greatest surprise of many of us now, we all get to know about bitcoin when the whole thing has already been a boom and worth a reasonable value before we heard about it.
sr. member
Activity: 700
Merit: 270
Let's learn and laugh together guys, share with us the following about your experience with the golden coin Bitcoin:

1. How did you get to know about Bitcoin and in what year was that?

2. Did you make any silly mistake? if yes, what was it and what will you tell a newbie?

3. If you are to go back in time, what do you wish you had done differently?

4. Your favourite or best time with Bitcoin?

5. How do you see Bitcoin in the next 50 years?
1 i came to know about Bitcoin I think around 2016-2017, I read about it on social media and I heard some friends always discussing about it.

2 I bought some Bitcoin as at then, but it didn't take much time before I sold it, I guess I didn't know how much of value it was then, if I had known, I wouldn't have sold it.


3 going back in time, I would have accumulated more bitcoin, built my knowledge on the things i didn't know about bitcoin as at then.

4 2019 when I began to study and know about it much more.


5 in the next 50 years the value of bitcoin must have grown tremendously as the leading digital currency across the globe.
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