Post
Topic
Board Beginners & Help
Re: I just purchased my first bitcoin
by
albon
on 12/09/2023, 23:50:48 UTC
Hello guys congratulation to me, I just purchased my first  bitcoin, it really feels good knowing that it's one of the best decision I've made so far, I am proud of myself even if the start up amount is small, I hope to add to it consistently by the end of every month. I purchased the coin on an exchange but am looking forward to buy a Trezor hardware wallet for my coin storage.
Firstly, congratulations to you for purchasing your first amount of Bitcoin, and even if the amount you purchased was small, you are in the market now. Fortunately, Bitcoin is still at a suitable price for entry and investment, as we are still in a bear market. This small amount could double in the future after market conditions improve, the positives emerge, and our entry into halving, which has been considered for years to be one of the positive catalysts for the price of Bitcoin, it is good that it is a small amount that you can afford to lose, and this is one of the most important common rules.

As for Trezor hardware, its price may be more expensive than the amount you invested, and therefore... Holding your Bitcoin on one of the desktop Bitcoin wallets, like Electrum or Exodus, or on top exchange platforms is not a bad idea. In the future, after your amount of Bitcoin increases, and you have reasonable profits, you can buy a hardware wallet.