For me, it was a gift. Not just my virginity itself, but my whole body. The first time I had sex, I wasn't in a relationship, nor inlove with the guy and he wasn't inlove with me, but we loved, trusted and respected each other. He was my best friend and I knew he would be gentle and slow with me and understand that it wasn't just my virginity that I was trusting him with, but also the possible aftermath due to anything sexual, at this stage, resulting in horrific nightmares 'cause of sexual abuse as a child.
When I have kids, I'll be advising the same thing. The sex was dissapointing, but after examining what kind of sex I enjoy, I know why now.
It doesn't make sex with my DP any less for that. He's the only one I "make love"(Trust me, just the term makes me giggle, but I need to differentiate) to, or have ever, but he's not the first person I've had sex with. We have sex quite often and we make love and it's still just as special every time as it was the first.