New to crypto trading - Is now the time to get in?

[tenakha]

Like in all competitive markets,it is hard to tell when is a good time to enter because no one can tell for sure where the bottom is for each coin/token, as a rule of thumb, a bearish market is usually preferable for new entrants since your fiats will have much more purchasing power,your focus should however be more on acquiring a better trading skill. There is money to be made both in bearish and bullish markets if you know what you are doing. As Robert Kiyosaki would say, the average investor lose money to the smart investor, don't be "average" if you want to make money here.

You are right. We are all struggling to find the direction of movement but at least we can not imagine how far it will go without knowing what the movement is animating. It could be wise to risk or wait until recover but if you want earnings, it will be difficult with waiting.

[bitgolden]

Hi all.  When the hype was at its peak about a year ago, clearly this attracted a lot of people.  I waited and watched.  Would love to hear views on if this is a good time to start looking at BTC and alts.

Also, have seen a few accounts that offer services (VIP signals etc).  Presumably some of these are better than others.... if so, what have been your experiences?  Thanks.

If you don’t know how to trade, then it would be best for you to stay clear from it. But you can still buy coins and hold them long term for profit. I will advise you to buy eth cause I have been seeing a lot of positive need about eth and I’m very sure the price will soon go up. You can also buy Bitcoin cause that’s the Number one cryptocurrency in the market and when bull run comes it will always rise.

[Nasty23]

Hi all.  When the hype was at its peak about a year ago, clearly this attracted a lot of people.  I waited and watched.  Would love to hear views on if this is a good time to start looking at BTC and alts.

Also, have seen a few accounts that offer services (VIP signals etc).  Presumably some of these are better than others.... if so, what have been your experiences?  Thanks.

If you don’t know how to trade, then it would be best for you to stay clear from it. But you can still buy coins and hold them long term for profit. I will advise you to buy eth cause I have been seeing a lot of positive need about eth and I’m very sure the price will soon go up. You can also buy Bitcoin cause that’s the Number one cryptocurrency in the market and when bull run comes it will always rise.

I agree with you that if you are new into the crypto market it is better to buy btc or eth and hodl it for a long-term because both of them was having a big possibility to become adopted in the community soon on which can increase its demand on the market that will make the price up and possibly reached new all time high.

[jrrsparkles]

Hi all.  When the hype was at its peak about a year ago, clearly this attracted a lot of people.  I waited and watched.  Would love to hear views on if this is a good time to start looking at BTC and alts.

Also, have seen a few accounts that offer services (VIP signals etc).  Presumably some of these are better than others.... if so, what have been your experiences?  Thanks.

Don't trust the signals which is not ging to bring any benefit for you,if you want to enter into crypto trading then it might be a good time to enter for long term but as a day trader then it is highly risky but still can make huge money by sideway movement of crypto prices so you need basic skills and the right capital amount to invest.

[The Cryptovator]

If you ask my opinion then I will say it's not only right time but also it's best time to enter on crypto and on trading. Obviously you need patience for crypto trade. Panic seller and buyer can't win on trading. Sometimes price drop then we become panic and sell on loss. That's main problem on trading. We should wait for green candle. On the other hand if we see increasing price then we sell suddenly because fear of loss, in a result we can't get high profits. However as OP said there is lots of signal channel. As far as I know most of them just copy paste each other's. There is few may be gave successfull signal but no one can give 100% gurranty. You should use your brain also on depends market.

[baldmonk]

I'd recommend getting in during the next small correction with a part of your money and just hold even if it drops again.
Because it's most likely that we will go up eventually.
And save the rest just in case if something unexpected happens (Like 2,000$ or even 1340$).

[mersal]

If you ask my opinion then I will say it's not only right time but also it's best time to enter on crypto and on trading. Obviously you need patience for crypto trade. Panic seller and buyer can't win on trading. Sometimes price drop then we become panic and sell on loss. That's main problem on trading. We should wait for green candle. On the other hand if we see increasing price then we sell suddenly because fear of loss, in a result we can't get high profits. However as OP said there is lots of signal channel. As far as I know most of them just copy paste each other's. There is few may be gave successfull signal but no one can give 100% gurranty. You should use your brain also on depends market.

People will definitely get into cryptocurrency field at any time because it will definitely successful field for anyone to get more profit it does not need your economical situation if you had money then you can definitely invest and get more profit so you can definitely entered into this field at any time there is no time and date limit for this

[BitHodler]

It could be wise to risk or wait until recover but if you want earnings, it will be difficult with waiting.

Earning, that's the only thing that pops up in people's minds. Instead of "earning" in an uncertain market you can choose to hodl and not risk losing anything, isn't that a better way to deal with this market?

Try to paper trade for a week or two and see whether your gut feelings or signals from so called experts are worth anything. You'll see that it's very close to rolling the dice over or under 50 on whatever gambling site.

As always, people will only realize what they miss when they no longer have it. Once they lost most of their funds due to their greed they will think about how hodling wasn't all that bad of an option....

[hermankoles]

learn the basics of trading well both technical and fundamental analysis because that will help you in the crypto market. make VIP signal a support analysis that you do so that it will provide optimal profit for your trade

[kotajikikox]

In think yes in my own observations the coinmarketcap few day ago are stay standing strong and altcoins are in green signals, I recommend decision is yours depends on your interpretations where cryptocurrency reach this new year.

[iMark]

Hi all.  When the hype was at its peak about a year ago, clearly this attracted a lot of people.  I waited and watched.  Would love to hear views on if this is a good time to start looking at BTC and alts.

Also, have seen a few accounts that offer services (VIP signals etc).  Presumably some of these are better than others.... if so, what have been your experiences?  Thanks.

If you don’t know how to trade, then it would be best for you to stay clear from it. But you can still buy coins and hold them long term for profit. I will advise you to buy eth cause I have been seeing a lot of positive need about eth and I’m very sure the price will soon go up. You can also buy Bitcoin cause that’s the Number one cryptocurrency in the market and when bull run comes it will always rise.

buy when the positive trend has been seen and just started, don't buy when the price is at ATH because you will lose afterwards. in my opinion now is the right time for all investors, newbies or even experts. this new year brings new trends, new circumstances and new atmosphere

[ROCKMINEROFFICIAL]

As a newbie, in my opinion, you may start buying some btc right now since the price is relatively low if you want to enter the crypto world. But trading would not be the best choice for you right now since it is bearish.

[Ridwan Fauzi]

As a newbie, in my opinion, you may start buying some btc right now since the price is relatively low if you want to enter the crypto world. But trading would not be the best choice for you right now since it is bearish.

Same with me, I am a newbie too, especially in trading. But after seeing market movements in 2018 I got the conclusion that in a bearish market the price of bitcoin can move up slowly. Even, at the end of last year the price of bitcoin was very volatile, in one day it could go down to 10% and the next day it could rise up to 12%, a sign that even if a bearish market a trader can get profit. This is just another view so that someone does not judge the bearish market is a condition that must be regretted.

[maydna]

buy when the positive trend has been seen and just started, don't buy when the price is at ATH because you will lose afterwards. in my opinion now is the right time for all investors, newbies or even experts. this new year brings new trends, new circumstances and new atmosphere

I hope so, but before they buy bitcoin, I hope they should decide how long they want to hold and don't afraid with all the things that might happen. I mean they don't have to listen with the negative news that they read and only trust with their skills and do research at the market. So far, I see trader make a buy order and sell order, and it means that the market still on the right track to recover and even the price still running up and down.

[paakman]

As a newbie, in my opinion, you may start buying some btc right now since the price is relatively low if you want to enter the crypto world. But trading would not be the best choice for you right now since it is bearish.

Agreed. If you are looking to day trade, definately learn some TA first. You can also 'paper trade' until you get the hang of trading. Also, some exchanges offer "test sites" that you can simulate trading without worrying about losing your crypto.

And lastly be very careful of 'signals' groups. Most are barely novice traders trying to take your crypto for their borderline TA. If you LEARN to trade, you won't need them anyway

[wayaneka]

Many people said the crypto market already in the bottomed and i agree with that because all crypto already going down from 85% to 99%, but this prediction can be wrong so you have always to use stop loss for every trade. Crypto market is not dead but this is just young market so in the long run will be huge market. Crypto market actually keep bigger because in the beginning 2017 the total market cap just about 20$ Billion and now about $130 Billion and can be going up to $1 trilliun next year.

[Ronaldcoin2017]

Well i think this is really the best time to get into crypto trading. I believe that we need to start this time because of the market conditions. The crypto market today is slowly rising we need to make an action to gain a huge amount of profit in the near future. Because I believe that experience is the best teacher if we do some positive action today we can possibly earn in the near future  because we can make a good decision because of  our experience.

[QuadsPoker]

Hi all.  When the hype was at its peak about a year ago, clearly this attracted a lot of people.  I waited and watched.  Would love to hear views on if this is a good time to start looking at BTC and alts.

Also, have seen a few accounts that offer services (VIP signals etc).  Presumably some of these are better than others.... if so, what have been your experiences?  Thanks.

I would not take any paid service on signals. Most of them are pump and dump groups attracting people with high promised returns. However mostly only admins and close friends make the huge profits and more than 50% of the people that follow the signal will loose money. So I wouldn't recommend to join a signals group.
Better learn yourself how to analyse the market and do not rely on 'vip signals'.

[emmybd]

Before diving into crypto trading, one should spend some time to learn about it first, although it is very risky it is very profitable too. You can earn a lot in a moment and you can also lose in the next moment, so before starting crypto trading investors should first watch how the market behaves for some time.

[bitcoin31]

Just join now because today is 2019. This year is the most time to get in cryptocurrency why? Because  most of the investor now are positive and the market increasing again and if there new year there is new investor will come to invest their money to cryptocurrency.