MY FIRST CRYPTO PURCHASE: WHAT I DID RIGHT (AND WRONG)

 


I still remember the first time I bought cryptocurrency. It was early 2023, and Bitcoin had just dipped. I’d been reading about it for months but kept putting it off.

One evening, I finally decided to go for it. I signed up on Coinbase, verified my ID, and linked my bank account. I hesitated for a few minutes before buying $100 worth of Bitcoin.

It was thrilling—and a little scary. Watching the price move up and down made me realize how volatile crypto really is.

At first, I left it on the exchange. Big mistake. A friend later told me about cold wallets and how I should transfer my coins to something like Ledger. I ordered one the next day.

That first purchase taught me a lot. Like how important it is to secure your assets and never invest more than you can afford to lose. Now I diversify and do way more research.

Buying crypto was my first step into financial independence. It felt risky at first, but it opened up a whole new world for me.