Will You Advise Newbies To Enter Bitcoin Now?

[Vinalians]

Now is really the right time, i believe this will be the last dip until we rally again to 12k territory

Hopefully that will happen in the near future. But, I don't see a reason why we wouldn't let those newbies enter in cryptocurrency now. I didn't mean to buy immediately but for them to be aware what will happen and they can study it so that they are not late on trend. In the past few months, I guess is the best time to convince those newbies to buy bitcoin.
I don't think it will be the last dip, there will always dip but make sure to have some of it in case it really happens.

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[D1v4c]

I won't. I'll let them do their own research how risky and rewarding Bitcoin is and let them decide whether to invest in bitcoin or not.

[iamike]

Now bitcoin is dropping. People are afraid of further drop. Advising a newbie to enter into bitcoin will be a big mistake. You can give suggestions and encourage him to do an extensive research on it. Based on his findings then he can make a decision. People are quick to give blames.

[lohladex]

Bitcoin is a super Digital Currency  and a very reliable financial instrument. I would never be afraid to encourage newbies to key into the system. For those who understand how Cryptocurrencies work , they will realized Bitcoin is unstoppable. It is the only Cryptocurrency i can recommend for newbies with no experience  but not those finding a short term investment .For those who are looking for a reliable long term investment i  can simply recommend bitcoin.

[Naginiya]

Yes.Surely I advice them.But not now.I advise them to keep watch until bitcoin come to 7200 area.And wait for then 1Hour candle(bull) appears.If it end green one buy buy bitcoin.If it 1hour candle end as red (bearish) dont buy there is chance to go even further about 5600$ area. 1Hour candle(bull) makes the double bottom confirmation.It means bull trend is started.
Use MT4,watch economic news and control your emotions when trading BTC.

[adzino]

You are always a newbie when you start doing something for the first time. At some point you will have to start from somewhere or else you will always remain a newbie. But looks like you are talking about new users to enter the market to make profit. Is bitcoin or other crypto currencies all about profit? Don't you think there is more to learn from crypto currencies rather than just thinking about the profit?

[markstivn98]

Yes, I would advise them to start, because I think everyone should start taking advantage of bitcoin, but before that I have to teach them about risks and more information about investing, and in the end I advise them and do not force them to do anything.

[Gaff]

You are always a newbie when you start doing something for the first time. At some point you will have to start from somewhere or else you will always remain a newbie. But looks like you are talking about new users to enter the market to make profit. Is bitcoin or other crypto currencies all about profit? Don't you think there is more to learn from crypto currencies rather than just thinking about the profit?

Thinking for the profit is one of first reason why a person undergo risk of doing trading with bitcoin, or something interesting with them. New users entering bitcoin for the seek of gaining profit isn't appropriate, while he doesn't have the acquired knowledge through it. It should be done together with a fully skilled buddy or friend who also been doing bitcoin holdings, and yet have long time experience on how bitcoin works for his entire life.

[ene1980]

Now bitcoin is dropping. People are afraid of further drop. Advising a newbie to enter into bitcoin will be a big mistake. You can give suggestions and encourage him to do an extensive research on it. Based on his findings then he can make a decision. People are quick to give blames.

This is an realistic approach, people usually like to blame on others when they end up in a loss and so, giving a proper guidance about the market is a good idea and let them take their own decision on when to invest rather than telling them about when to enter the market and so on, there are many people who jumped into the market when the rally was above $10 K and majority of them ended up in a loss thinking of earning the maximum benefit and most of them sold at a loss and when they do that they blame on the person who told about bitcoin rather than the foolishness they did.

[kodtycoon]

Yes, from this point we are all sure that at the end of 2019, Bitcoin will be worth 10 thousand dollars. I'm just waiting for next year's 2020. Because I'm 100% sure that in the 2020 Bitcoin price will go to the place that will see the whole world. And it must be true. As for the large companies that are starting to Accept Offers. As a result, Bitcoin's popularity is getting more profit day by day. As a result, it is sure that Bitcoin is going to become the most valuable thing in the world in 2020.

why do you keep waiting until next year, if you see the market is currently recovering, it would be better to start from now so that the opportunities that you will get are better next year. so use this precious time to advice more people and they all have the same opportunity later

[jakelyson]

I will not make any investment advice to anyone, newbie or not. I may present the current movement of bitcoin but I will not direct anyone to purchase anything. It should be their own initiative to make the purchase for investment purpose so they will have no one to blame if their investment failed.

[FlightyPouch]

Yes, I would advise them to start, because I think everyone should start taking advantage of bitcoin, but before that I have to teach them about risks and more information about investing, and in the end I advise them and do not force them to do anything.

I don't think they would be able to take advantage of Bitcoin since not all of them know what Bitcoin is. In our country, Bitcoin is legalized yet there are a few people that use it since not all of them are used in using new technologies. I guess introducing them to Bitcoin as an investment is not a bad thing but with the volatility of it, you might be labeled as a scammer when they lose some of their money.

[Stedsm]

Think calculative instead of asking whether you should buy it or not. It was $3300 at once, gave you the opportunity to buy lower, doubled after all the hype crossed its limits and BTC crossed $6500 (even $7000 mark). As it was holding that level very tight and then exploded towards $7900, everyone was thinking about a possible reversal (and it actually happened when BTC fell down to ~$6900 in one go when a whale actually dumped his 3600 Bitcoins over Bitstamp - https://cryptopotato.com/was-this-the-trigger-for-bitcoins-dump-3600-btc-huge-sell-off-order-on-bitstamp/

It was also a chance, those who took it must be happy now. Okay, let's get back to being calculative.

So, you lost a chance to double and even almost triple your money when BTC reached over $9000. So what's gone is gone, leave it. But beware, BTC is in for a very, very big and parabolic rally out there waiting for the right time to explode to levels you can't imagine.
If it's about calculation, just think that if you buy at current price tag of $7700 and BTC explodes to $50k (which is 100% possible considered all the good happening in favor of BTC), you're still not missing the train but making loads of money there with a 650% return over your investment. Think wisely.

[Iceblast]

I would recommend if the beginner first asks me a question and asks me for advice. because being in cryptocurrency is not an easy thing to be in cryptrocurrency especially bitcoin. so I think right now beginners still don't have experience and I don't want to sacrifice beginner money.

[hahahafr]

I don't think its the best idea to advice someone purposely with the intention of letting them start investing into bitcoin. It's good to introduce blockchain technology and cryptocurrencies as this would help in the general adoption of cryptocurrencies. It's their choice and decision to make themselves to invest into bitcoin.

Leave them to make that decision themselves when they have made the necessary research about bitcoin investments.

[Naginiya]

Its a good time for short time traders.In these days market show Zig-Zag mode(up and down up and down)You can get a close entry and close with with profit.But if you buy bitcoin for longtime.Newbies wait a little bit.There is a chance to dropped in 5K area.Until that get to know about bitcoin.If you know behavior of bitcoin,It would be easy to make profits

[diazepam666]

Anyone can come into the bitcoin industry, it is the revolutionary idea by satoshi for the world people.

But do not get into trading or mining kind of things before because without experience nothing will be benefitable for you.
Every newbie should utilize this kind of forum and make the exposure about many things here.

[alevlaslo]

BSV

https://twitter.com/bmstu777/status/1136862484550291456?s=20

[kogozer714]

maybe now it's good to invest in a trade that is starting to improve. for beginners maybe the price of bitcoin is now starting to be high but I don't think bitcoin will fall again under $ 5000. This will be an advantage if they will enter during this season but after entering, they must know all the crypto basics so they can get results from the market

[ashaksagnis]

Why not? Price is still worth to invest. it looks like this year will be much more better than 2018.