Post
Topic
Board Bitcoin Discussion
Re: What was your first impression of how Bitcoin works?
by
mirakal
on 04/09/2025, 14:29:10 UTC
Good to be here. Read and observed the forum since I joined and must say I like how detailed the discussions here are compared to social media platforms. As a beginner I noticed some topics are mentioned a lot like wallets, security nd scams but I still feel there are always new perspectives. For instance my first impression of bitcoin is that it is more about personal responsibility than anything else. If you loose your keys, you loose your coins and that feels different from banks. For those who have been in the game longer, what was your first impression when you realized how it actually works?
Risky—that is how I viewed Bitcoin before. Some say that our first impression could be wrong. Well, not all the time because we can't deny the fact that Bitcoin is not a safe asset but rather a risky one. Yes, for many people who lost access to their wallets, they could no longer recover their BTC. It is considered a loss forever. That is why in crypto investment, we don't just know how to buy/see, but also we need to learn more about how to safeguard our BTC.