Post
Topic
Board Bitcoin Discussion
Re: My bitcoin journey mistakes and moral lesson
by
Ultegra134
on 29/06/2023, 22:52:58 UTC
In 2016, when I first heard about Bitcoin. I never had any knowledge of the existence of a bitcointalk forum or even a detailed idea of Bitcoin itself, the first mistake I made was to listen to people's advice in respect to investing in Bitcoin. When I started reading and researching about bitcoin and its technology, A time came when I made up my mind to invest my little savings in it, but I decided to involve my parents, siblings and friends so that we can invest concurrently. But They came to the conclusion that bitcoin and all online investments are scams and I should not make such a wrong step if not, that am going to lose my money, I was confuse at that point
I'm sorry but I am a little confused now: I guess back in 2016 you were pretty young, hence the decision to talk about this investment opportunity with your parents, etc, so probably at your age you already knew how to use internet and look for information. Now you're telling us that your parents and friends made you change your mind because, I quote, "They came to the conclusion that bitcoin and all online investments are scams"? How did they do this kind of research? Where did they find this info? Did you look as well? Or did you just trust their word? I mean, seriously, I would never ask my parents for an opinion about bitcoin, they have no idea what it is and they have no idea how to find info about it. Probably you didn't believe in bitcoin enough to take the risk and buy otherwise no way you would have just trusted them.
I'm guessing the OP was quite young when he stumbled upon Bitcoin in 2016 and couldn't purchase it himself. This actually reminds me of myself in 2013 or 2014, when I requested my parents' permission to buy Bitcoin because, even though I had the money lying around, having always saved money from a young age, I didn't have the means to pay. I was underage, approximately 15 years old if I remember correctly, and thus didn't qualify for KYC, didn't have a debit or credit card, nor were PayPal purchases possible, supposing that I had an account; I created one later on.

Unfortunately, I missed the opportunity because I couldn't persuade my parents to let me use their card; they are completely oblivious to innovation, let alone cryptocurrencies, and in that way, they thought they were protecting me. Oh boy, were they wrong.