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Author Topic: Will You Advise Newbies To Enter Bitcoin Now?  (Read 34349 times)
soulripper
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May 24, 2019, 02:57:52 AM
 #241

If they really want to know bitcoin better to let them learn by them self unless they ask our opinion first then we can help them in a right direction on how to jump in to the bitcoin trading or invest on it. If they doesnt ask any help why we bother to help someone who doesnt want to know more about bitcoin. it will a waste of our time. let them learn from their mistake and watch it only how this newbies can do after it.
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May 24, 2019, 03:02:12 AM
 #242

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.

and thats the reality,when all you want to do is to help them.
at the end of the day even how good intentions we have for them the blame will be on us.
and the saddest part might get accused of being a scammer aswell even tho we dont get any frm them.these are my fears,the reason why i dont just advise any about bitcoin.ill let them do what i did before,research,read,and study how everything works.that way they will have a visual of what they will do for a start up.some thinks bitcoin/trading is easy profit,you invest now your rich tom.
which we all know its not...
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May 24, 2019, 03:06:08 AM
 #243

besides being a bitcoin currency can also be used as an investment so bitcoin for everyone not just for newbies.
Of course everyone knows that bitcoin is not only for newbies but what the op trying to explain is that if its okay to teach bitcoin to newbies thesedays when the market is now cheap  and id say yes it is .

its always a good idea to teach someone to join the crypto world as early as possible because the real adoption have not yet started  . that means that a newbie can learn and can collect enough bitcoins until the price skyrockets in the future  
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May 24, 2019, 04:02:57 AM
 #244

very simple but quite risky if it does not happen, which is to say that the event at the end of 2017 will be repeated again even higher. by buying today, big profits will wait. but if it doesn't happen, definitely feel a big loss.

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May 24, 2019, 04:13:26 AM
 #245

Well I don't think if it is a great moment to enter in Bitcoin right now. To tell this in my friends especially a newbies in crypto world I can't guarantee that this is the right time to buy Bitcoin since volatility unexpected. but rather I would go for deeper studying in crypto currency environment to have a higher possible income.
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May 24, 2019, 04:53:45 AM
 #246

With this backdrop in mind, will you advise a newbie to bitcoin to enter at this stage so he can be able to ride the coming "boom" or will you tell him to wait some more until the market is dipping?

No. Everybody has to do his own research and take the decision if and when to "enter" Bitcoin.
Also a good strategy for somebody that wants to buy and hold is to buy over longer period of time, so the up/down fluctuations get somewhat equalized.
All I can tell is that the market starts looking good and I am almost convinced it should grow. But this means nothing, really.

That's correct, and we are not financial advisors to advise anyone to invest in Bitcoin without any due diligence and deeper knowledge about this very risky investment method. The best thing that a newbie to do in this industry is to do a lot of researches before doing something that they might regret someday and if they plan to invest in any Crypto Currency they should only invest the money they afford to lose and do not expect too much about it. Cool
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May 24, 2019, 08:20:53 AM
 #247

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.

well if they do not learn from you , obviously positive towards crypto and bitcoin
they could go and listen to some retarded people who think it is a ponzi or even worse
this way they could never learn about it or start with a negative image in their mind
so I would advise newbies any and every chance I get

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May 24, 2019, 08:36:35 AM
 #248

For me, it's not about entering Bitcoin which I want to believe you're referring to buying, hodling or investing Bitcoin. You have to understand what you're about to "enter". Besides it's never late to get into something as long as you're prepared to face what ever comes afterwards whether positive or negative. If they don't enter now, they will eventually hopefully with an understanding of what the crypto space is all about.
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May 24, 2019, 08:37:40 AM
 #249

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

That is so true.

There are a lot of people that just quickly invested in Bitcoin without knowing that it is so volatile and after they experience sudden price dumps, they regret and blame Bitcoin for it. Although there are a lot of other investors that already know how volatile Bitcoin is, the not knowledgeable ones are the ones that are getting more popular since they are spreading some things that are not true.
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May 24, 2019, 08:38:34 AM
 #250

Bonjour , Je dirai sûrement à un débutant d'en savoir plus sur les marchés et le trading avant de se lancer dans l'une de ces activités.
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May 24, 2019, 11:44:00 AM
 #251

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.
For newcomers, I suggest not to be afraid of bitcoin investment, because I am sure that Bitcoin hasn't reached the highest price. Take for example the highest is US $ 20000 in December 2017, while now it only reaches US $ 8035. So there is still a chance to get a good profit.
It must be realized that bicoin is fluctuating, but the trade has become very passionate precisely because of the volatility, because investors get big profits. But for stable trade investors only get small profits. So I suggest not to be afraid of investment, because the price of bitcoin is predicted to continue to rise.

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May 24, 2019, 12:15:36 PM
 #252

Before entering or investing in bitcoin I suggest you learn first so that you understand the risks and benefits of this investment
Time will come that bitcoin will be used worldwide not only for investments but also for other purposes. Entering bitcoin now does not mean that you are going to used it immediately, but learn about it before making a decision. It is good to advise everyone and let them know what crypto is, especially bitcoin which os most popular digital coin.

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May 24, 2019, 04:57:24 PM
 #253

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.


You're right. Getting accurate knowledge is key to surviving in crypto. Even if he makes do much in a twinkle of an eye,  without knowledge on how to play his cards everything can still be lost and even much more by careless ventures. Better to be calm,  research and get convinced and then you're good to thread on waters without drowning
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May 24, 2019, 06:08:51 PM
 #254

Before entering or investing in bitcoin I suggest you learn first so that you understand the risks and benefits of this investment
Time will come that bitcoin will be used worldwide not only for investments but also for other purposes. Entering bitcoin now does not mean that you are going to used it immediately, but learn about it before making a decision. It is good to advise everyone and let them know what crypto is, especially bitcoin which os most popular digital coin.
Yes, learning about cryptocurrency is the right thing that each and every user should focus. Entering bitcoin necessarily the right choice than getting into share market or into any of the forex trading services. Keep on learning and enrich the knowledge about cryptocurrency, surely there will some price dip at some point. Use it as the right opportunity and enter the market.

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May 24, 2019, 10:06:43 PM
 #255

After spending some time in the crypto ecosystem, I realised that knowledge and understanding  are the basic tools needed as a newbie to  understand the investment aspect of cryptocurrency.  These basic tools help you to know when to invest and the risks available at  a particular moment in time. I  will advise that you gain enough knowledge and understanding about the entire crypto space before joining the investment train.
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May 24, 2019, 10:24:01 PM
 #256

Well, if I am happy I will advise and commemorate the beginners of our fellow human beings, we should help, because now is the right time to start investing and it also reduces the decline in the price of bitcoin again.
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May 24, 2019, 10:49:08 PM
 #257





The general sentiment of the market is getting very positive on Bitcoin as it is experiencing some upward movement. A lot of people are expecting that Bitcoin will soon breach the $6,000 level and can possibly go beyond that level in the coming weeks and months...and there are those already predicting of $8,000 or even $10,000 before 2019 ends. I know this is just another speculative notions but this can be reflective of the ongoing confidence the market has on the King of Cryptos.

With this backdrop in mind, will you advise a newbie to bitcoin to enter at this stage so he can be able to ride the coming "boom" or will you tell him to wait some more until the market is dipping?



For me this the best time but it's never a guarantee that the market will be stable, many might FOMO and end up loosing everything so if you want to be part of the trend have a good strategy.
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May 25, 2019, 06:06:34 AM
 #258

Well, if I am happy I will advise and commemorate the beginners of our fellow human beings, we should help, because now is the right time to start investing and it also reduces the decline in the price of bitcoin again.
Newbie knowing bitcoin at this time are lucky, if they believe on bitcoin and its future potential.
It can be seen that the price is in bullish trend, but it has not cause a FOMO yet, hence that gives them a good opportunity to ride, they just have to believe. I am no newbie here but I really like the situation now since we are going uptrend to recover and not because of hype in the market.

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May 25, 2019, 06:19:32 AM
 #259

Well, if I am happy I will advise and commemorate the beginners of our fellow human beings, we should help, because now is the right time to start investing and it also reduces the decline in the price of bitcoin again.

It is still a good time if you are interested to invest in crypto and btc coins . Market is going to go through bull run in coming future as well so still lot of money making opportunity exists and also best in the market you would get return on your investment . 

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May 25, 2019, 06:44:41 AM
 #260

Well, if I am happy I will advise and commemorate the beginners of our fellow human beings, we should help, because now is the right time to start investing and it also reduces the decline in the price of bitcoin again.

It is still a good time if you are interested to invest in crypto and btc coins . Market is going to go through bull run in coming future as well so still lot of money making opportunity exists and also best in the market you would get return on your investment . 

I can't say I don't want to since I also want people to invest too.

I am saying I don't want to because there are a lot of people I talked about the cryptocurrency especially Bitcoin and they think it is a scam since in our country there are some news about it and used to scam people. Instead, they gave me a warning, well, the table turned to me, being the one taught how to take care in these kinds of scams even though I know I'm not being scammed.
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