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When did you first buy bitcoin? share your stories!

Bitcoin Reflections | Users Share First Purchase Experiences

By

Chen Wei

Jun 5, 2025, 07:42 AM

Edited By

Priya Narayan

Updated

Jun 6, 2025, 01:41 AM

2 minutes needed to read

Individual excitedly showing a physical Bitcoin coin in their hand
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A recent discussion has sparked a wave of nostalgia among people recalling their first Bitcoin investments. Through shared experiences, some reflect on missed opportunities, while others celebrate their early choices amid market fluctuations in 2025.

Early Days of Bitcoin Trading

Bitcoinโ€™s journey began for many around 2017, but comments reveal purchases dating back even further. Notable insights include:

  • One individual bought $3,000 worth of Bitcoin in late 2018 and states they are still holding.

  • Another user shared a memorable purchase during the COVID-19 dip at $24,000, humorously recalling a boating accident that led to losing their Bitcoin.

  • A participant remarked, "I sold at $6,000, paper hands, not exactly a stellar move."

  • Another introduced a twist, mentioning making purchases with Bitcoin on Silk Road around $60 a piece before the site was seized.

Interestingly, users lamenting missed chances hold similar sentiments about 2016, reflecting on the year as a pivotal moment: "November 2016. I missed the boat." Those who took the risk often feel grateful they did, with some recalling their intended purpose, such as buying "fun things on the internet" in 2015 for $350.

Current Sentiment Among Investors

Despite today's volatility, thereโ€™s a blend of optimism and regret in the conversation:

"I should have just stacked instead of trading," said a person reflecting on past decisions.

While prices have fluctuated drastically, many are bullish, citing predictions of potential recovery. "$20,000 is the new buying point for me. Iโ€™ll ride it out for the long haul," expressed one commenter eager for advancement.

Key Themes and Insights

  • ๐Ÿ“‰ Missed Opportunities: Many users note regrets about not buying sooner or selling too early, like one who bought at $12,000 in 2017.

  • ๐Ÿ”„ Holding Strategies: More participants are choosing to hold. A user commented, "Now Iโ€™m just accumulating and holding forever."

  • ๐ŸŽ‰ Early Profits: Some early investors share tales of significant profits, like buying at $8,000 and selling at $20,000.

Key Takeaways

  • โšก About 30% of comments highlight early regrets over missed investment windows.

  • ๐Ÿค” "I wish I had paid attention earlier. Now Iโ€™m just hoping XRP can catch up to Bitcoin." โ€“ A new enthusiast reflects.

  • โญ Several users emphasize a shift towards long-term holding strategies to weather market volatility.

As the Bitcoin community reflects on past trades and prepares for future investments, it's evident that experiencesโ€”both positive and negativeโ€”will shape new trends in investment approaches. In this ever-changing landscape, what will the next round of investors take away from the lessons shared today?