Will You Advise Newbies To Enter Bitcoin Now?

[watchagotcha]

It's hard to advise anything now, as the situation is like 50/50. If you are a newbie, don't want to trade at all and just want to keep your btc in your cold wallet for as long as needed, then yes, that's a good time to buy, as in any case, the next peak will be much higher than $7600 or $8000 or even $20 000. Any purchase is good if you are ready to wait.  So basically the answer is "yes, it's a great time to invest in bitcoin unless you wanna trade short-term." For short-term speculations I'm not sure it's a great time to enter after the recent pump.

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[Caladonian]

Well, I can't advise anyone even the newbies if they don't have the patience and discipline to wait because bitcoin's volatility is very high and investing in it is very risky. However, if they really have the courage to go on, I suggest research first what is all about bitcoin and how they can manage to profit from bitcoin's volatility. Because volatility is considered as a high reward investment risk. So good luck for coming into bitcoin investment.

Yes i agree on that, i strongly advice to those who are newbie to enter into bitcoin world, but before they start they maybe need to research on it, because crypto feild is really not easy and they can maybe become frustrated on it if they dont have enough patience to wait, i know that patience is really important in crypto i was there i been following it for a long time and i see that most succesful person in crypto is the person who has a big patienc.

Absolutely, if you wanted to succeed from this field then you have to add more patience treat this investment as a long journey to travel, if you don't have enough you'll soon to suffer mistakes and you'll be ending up losing your money, newcomers needs to understand that in any investment business patience and willingness to learn are very crucials, keeping yourself willing to wait while the market is moving forward.

[olamidey]

Presently, Bitcoin is in its bull run for some time and as such, it may drop heavily. For newbies, entering into BTC now may not be a good decision if they are not knowledgeable about it. It's better if they do some research and study the market's before taking a buying decision. Patience, however is very key in buying BTC. This crytpo investment need a lot of patience to withstand ups and downs of the cryptocurrencies

[MFahad]

Its hard, I'm saying that it's hard for a new comer to judge the crypto world by only seeing the btc value. BTC is a part of crypto currency and the other currency is also a part of it. if you see the marginal value among the bitcoin and others then it's shocking. From my point a new comer should try the other currency 1st to observe the crypto market and it's massive fluctuation.

For what it is a hard? After understand the crypto currency then it will not be hard. When we starting a any work then it is hard but after get experience every work will be easy. So same here in cyrpto currencies. Also i suggest for newbie should try start with bitcoin, actually bitcoin coin has long time but the other crypto currency sometime we are confused between coins.

[BuxCoin]

bitcoin is in bullish now correction is also going on i would think that this is the correct time for entry , this entry is less risk and good reward so newbies can entry with less risk

[Rufsilf]

I do not think telling a newbie about the price is a thing at all. why will a newbie care about the price in the first place? I will surely tell a newbie to get more knowledge about the markets and trading before getting into one of it.

I agree, well, some may care about the price but the price isn't that important because as well all know the price can drop from time to time, the price right now will not stay forever, either it'll go up or down. I think if we will advise newbies to enter bitcoin we should educate them properly what bitcoin is, trading, it's advantages and disadvantages for them to weigh for themselves if they wanted to invest or not.

[Dontme]

Nope, definitely not a good time for newbies to enter bitcoin specially that the market is down and there is no assurance that it could recover anytime soon. But I hope sooner or later bitcoin will come back to it`s track again and that could be a time to advice newbies and attract new investors.

[vgen]

for beginners it is recommended to join in joining bitcoin, the most important thing is that you have gotten pretty good information. In addition, I would also advise him to study the market closely and intensively. so people who enter Bitcoin must carefully consider the pros and cons.

[Deallove9]

It is still smart to advice newbie for entry in to any coin or token now as market is still very low to what could happen in December or next bull run .

So advicing any one to buy into it now is good and will be profitable in near future .

[alevlaslo]

https://bitcointalk.org/index.php?topic=4985868.msg51183304#msg51183304

[AntoCokbun]

I don't really encourage beginners to join the current trade, but if he plans to do a long-term investment, maybe there is still a chance before the bull really comes.

[thirdlight]

Yes, why not?  It is never too late to invest in Bitcoin.  Better in a proven product than it is unclear what else to lose everything after that.  And Bitcoin is the market leader. Investing in it is always important.

[MMS2017]

Yes i would like to bring my all family and friends to this community because if more people use this then it will become universal and it can be operated through out the world crypto coins are launched in multiple countries where different genders different culture different society have different interests and it is true that now it is good because people can understand the true value of crypto currencies in the world and in the coming days it will be a normal currency.

[proTECH77]

No, I will not advise anyone to buy bitcoin. Bitcoin is way too volatile for most people, and they WILL sell during the lows and probably buy during rallies. I learned my lesson seeing how people who claimed to be dedicated sold so easily during the bear market. This market is designed for only the toughest investors.

Just spoken my mind mate, give advise to Newbies to invest into cryptocurrency may look like a help of a thing but later can back fire, if the investment never grow. We all know it volatile nature and if not with care investment into it can easily go down to the grave, let avoid advise Newbies, in order not to compromise our trust in them.

[Genemind]

I don't want to get blame so I would only let that person decide for what he wants. I will only explain how cryptocurrency moves but I won't decide for him.
I believe that it's still right to enter the market as long as he knows how to deal with it.

[nydiacaskey01]

I don't. I let them discover it themselves. But if someone asks me about it, I will tell them about Bitcoin, and if I see a positive interest I will encourage them to go into Bitcoin. We are wondering why Bitcoin is has not yet reached mainstream and yet we don't wan't to share our knowledge with Bitcoin in fear of being blamed if ever they suffer losses.

[Al-e_x]

Before entering or investing in bitcoin I suggest you learn first so that you understand the risks and benefits of this investment

[danipay]

besides being a currency bitcoin can also be used as an investment so bitcoin is for everyone not just for newbies.
bitcoin was created for economic purposes all over the world.

[Sithara007]

I don't. I let them discover it themselves. But if someone asks me about it, I will tell them about Bitcoin, and if I see a positive interest I will encourage them to go into Bitcoin. We are wondering why Bitcoin is has not yet reached mainstream and yet we don't wan't to share our knowledge with Bitcoin in fear of being blamed if ever they suffer losses.

Hmm..... sounds quite strange. As Bitcoin users, I have always believed that it is our responsibility to make BTC more popular by encouraging others to use it. I have talked to dozens of individuals about the benefits of crypto-currency, and I was able to compel a few of them to use Bitcoin. But nowadays this task has become more tedious, as the Indian government has taken out various steps to completely ban the cryptocurrency transactions within the country.

[marcbitcoins]

The Bitcoin market did not become really that bad as we expected to happen before but now its more on repairing from a long year bearish so i suggest this is the time for the new comers to start learning Bitcoin investments while the price is very cheap.