Post
Topic
Board Bitcoin Discussion
Re: I am now a Bitcoin investor
by
speedy963
on 10/04/2023, 03:56:24 UTC
I recently purchased 0.0045 Bitcoins which is still present in my trust wallet I believe with me owning a fraction of the worlds Bitcoin although a very tiny fraction in practical I am now a crypto currency investor  in essence a Bitcoin investor
If you are a person who has just bought Bitcoin and kept it in your own trusted wallet, I will not consider you a Bitcoin investor as long as you don't use Bitcoin or invest it in a certain company. Because if you are only limited to buying and keeping in your wallet, you are not much different from Holders and also from traders who also try to save for a while before they sell it back to the market. So there's no need to consider yourself an investor if your effort is to save before selling again.

That is not the way to welcome a newbie to the community. At least he has started his venture in the bitcoin community.
Now that he has started, he will get to know more about it and may be then he will be able to decide what more to do with his coins.
Besides that what more do you want from a person if he is already holding some portion in bitcoin. That's how things start.
Exactly! At least he heard about bitcoin and bought one, and since he is new to this kind of industry of course it is only expected that he only has bitcoin. We shouldn't rain on his parade and at the very least let's welcome him and celebrate his first step on bitcoin and crypto industry. When I first encountered bitcoin too, all I know is that it could be used as other payment methods online aside from paypal at that time. After venturing and staying in the industry for a couple of months, that's when I learned that bitcoin's price can increase and it is possible for you to hold it since it will appreciate in value over time. That is also when I gathered more information on how I can effectively earn more money to buy for more bitcoin, at that time also I learned bunch of useful things like trading in the market using alt coins or even bitcoin, doing side hustles to buy bitcoin, claim those faucets hourly and so much more.