Venus, the planet of love, beauty and luxury is considered to be in its exalted state when placed in the 1st house for Pisces ascendant. In this placement, Venus becomes the lord of third and eighth houses. Additionally, it also becomes the natural karaka of the seventh house while aspecting it as well.
This placement indicates a person who is blessed with an attractive physical appearance, magnetic personality and charming mannerisms. They are likely to possess a fine taste in dressing and aesthetic arts. This placement can also bless an individual with luxurious items and comforts.
As Venus rules over the third house, its placement in the first house can suggest that family members will be supportive of their siblings or that they take on traits of siblings such as being talkative or social. It may also indicate that siblings will benefit financially or aesthetically through Venusian endeavors such as luxury goods, fashion or entertainment. Similarly, by virtue of aspecting the seventh house through its fifth aspect, this placement can indicate harmonious partnerships in business or marriage.
The eighth house signifies transformational changes, secrets and inheritance which are all ruled over by Venus in this case. This position suggests growth opportunities through inheritance or legacy matters as well as financial support from partnerships and/or marriage with assistance from collaboration on joint ventures. However it can also result in some transformational changes within themselves due to hidden emotions or deeply spiritual connections.
It's also important to note that as Venus is aspecting its own natural karaka house which is the seventh house representing relationships in general but specifically marriage for Pisces ascendants they may be lucky enough to have very supportive partners who share a great mental chemistry making for strong foundations based on trust and interactions steeped in refined tastes.
Overall though Pisceans need to watch out not to get lost in overly material gains at expense of self-discovery otherwise they'll risk losing their true nature - however nuanced it maybe! They need to be careful but at the same time take calculated risks and invest in their desires which for them is not simply enjoying material pleasures but is firmly rooted in making meaningful connections.
In conclusion, individuals with Venus placed in the first house for Pisces ascendant can enjoy benefits such as an attractive appearance, luxurious life, supportive siblings, harmonious relationships/partnerships with a potential for financial gains through inheritance and partnership matters. However, they should also strive to find balance between their material desires while staying true to their spiritual nature. This planetary alignment indicates a great potential for growth both materially and emotionally, so one needs to embrace it wisely to fully make use of this auspicious placement of Venus.