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Author Topic: Will You Advise Newbies To Enter Bitcoin Now?  (Read 34349 times)
sieemma
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June 10, 2019, 07:57:43 PM
 #341

It's a very good time to enter now that all the signs are showing a bullish trend. The fact is that no one can predict what happens exactly to the market so you just have to enter at your desirable time which is also relative.It isn't easy bringing someone new to this crypto business as it can even let you part ways with each other when things do not go the right way as expected.
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June 10, 2019, 09:34:12 PM
 #342

It seems to me that if such a question were asked in 2017, then it would be possible to warn beginners from investing in cryptocurrency,
You have to enter somewhere and to fight the waiting game you could buy inn in steps and that way even out on rises/dips.

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June 11, 2019, 12:45:34 AM
 #343

Actually to encourage beginners to enter bitcoin whenever it can be done, it all depends on the ability to buy it.
and my assessment for the next few months is the possibility that bitcoin will continue to rise towards the highest price and now is the right time to encourage beginners to buy bitcoin and convince them to want to invest and explain it well and true how bitcoin works

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Bunsomjelican
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June 11, 2019, 05:44:14 AM
 #344

Anybody can enter bitcoin whether the individuals has a good or bad intentions with it.
But of course, if you want to enter here, you need to be wise and careful before anything else dude.
Because this business industry is not that easy to understand, so for the newbies who are planning to
here, you need to learn first and make a move first in research about in bitcoin and besides we have a lot
ways to find out what it is.
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June 11, 2019, 07:05:27 AM
 #345

I'm also new to cryptocurrencies, but if I should answer this question, I think I will say that everyone needs to do his/her own research before investing any amount of their money to crypto. At least that's what I did.

Happy to know about it that you accept it that people should invest on bitcoin. I always admire the newbie to come on bitcoin field, it is new technology. People should taste the new changing. But before to invest we should search about it, because not everyone handle it. Actually, everyone has different skills that's why before invest on bitcoin we should educate yourself.









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June 11, 2019, 07:14:35 AM
 #346

Yes because many of people have big dreams but not financially strong but bitcoins help this type of people on a wider range to overcome the financial problems.As we see a great boom in bitcoins newbies should get used with bitcoins.The more you try to find about bitcoin the more you get to know.If you are good at predictions bitcoins will make you crazy and also rich too.If you are a type of persons who likes to take moderate or high risk than what's good than bitcoin to start with.
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June 11, 2019, 11:54:09 AM
 #347

Never because i don't to be the reason for their lost in case they but bitcoin then the price goes down then they sell at loss. Newbies need to learn everything first on their own, with so much information here and others like YouTube etc they can decide for themselves if they want to get in or not.

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June 11, 2019, 01:01:29 PM
 #348

Anyone who is willing to take a little bit of risk needs to enter the cryptocurrency market without much delay. The correction phase is over and I have a very strong feeling that right now it may be the last chance to accumulate BTC at sub-10,000 prices. When the next bull rally occurs, it will be very quick and very steep. You may not get a chance to purchase coins then.

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June 11, 2019, 01:45:41 PM
 #349

Journey of a thousand miles begins with a step,  I don't tink there is a time or season when newbie should join Bitcoin.
Waiting too long might later be a regret. Anybody can join when he is ready ( knowing fully what Bitcoin is,  how Bitcoin to trade with Bitcoin and what he/she is coming into the business to do).

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June 11, 2019, 01:54:26 PM
 #350

It's a very good time to enter now that all the signs are showing a bullish trend. The fact is that no one can predict what happens exactly to the market so you just have to enter at your desirable time which is also relative.It isn't easy bringing someone new to this crypto business as it can even let you part ways with each other when things do not go the right way as expected.
Introducing this venue of investment can be an eye opener, it's important not to push them right away but allow them to observe and analyze
what possibilities this investment can bring them, its more on guiding them and introduce them the path where they can also try opportunities
that bitcoin/crypto market has to offer.

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June 11, 2019, 02:04:56 PM
 #351

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?


Let him decide for himself just present all the facts of investing and various situation that will arise, from investing, in short, educate them first and let them decide for themselves if they want to decide to invest right now or if they deemed what is when is the right time.
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June 11, 2019, 02:53:26 PM
 #352

It's a very good time to enter now that all the signs are showing a bullish trend. The fact is that no one can predict what happens exactly to the market so you just have to enter at your desirable time which is also relative.It isn't easy bringing someone new to this crypto business as it can even let you part ways with each other when things do not go the right way as expected.
Introducing this venue of investment can be an eye opener, it's important not to push them right away but allow them to observe and analyze
what possibilities this investment can bring them, its more on guiding them and introduce them the path where they can also try opportunities
that bitcoin/crypto market has to offer.
Even if the market has a lot of sign of being bullish it is still not advisable to encourage newbies to invest in Bitcoin if they don't have the knowledge or only have a few knowledge about it because bitcoin isn't a money making kind of machine that generates a lot of money out of thin air. It is better to educate them about how risky is this industry and the money that they invest could experience losses if they are not diligent on what they are doing. This industry is for high-risk takers and not for the weak hands that will easily get rekt always do your own research. Cool
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June 13, 2019, 12:24:04 PM
Merited by deception1359 (1)
 #353

When needing advice for newbie participating in cryptocurrencies: I would advise them to find out what is bitcoin? (technology, foundation, ...) and show them how to trade, the basic analytical techniques then they can capture the current situation of bitcoin. It is important to introduce them to follow people with reputable technical analysis, quick information pages about bitcoin. That informations help them not get lost and reduce the risks in the cryptocurrency world
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June 13, 2019, 05:30:56 PM
 #354

It seems to me that any user of cryptocurrency began its activity with something more easier, which made it necessary to study this field of activity.  As an example, one can cite participation in Bounty companies, thanks to which one could study not only the basics of trade, but also real opportunities and rules for investing in cryptocurrency.  I note that with such knowledge, you can use your experience not only in the field of cryptocurrency, but also in real life, in real business.

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June 13, 2019, 06:00:46 PM
 #355

When needing advice for newbie participating in cryptocurrencies: I would advise them to find out what is bitcoin? (technology, foundation, ...) and show them how to trade, the basic analytical techniques then they can capture the current situation of bitcoin. It is important to introduce them to follow people with reputable technical analysis, quick information pages about bitcoin. That informations help them not get lost and reduce the risks in the cryptocurrency world

The first thing that must be conveyed to beginners is with regard to the high volatility of crypto currencies. We must tell them that investment in crypto currencies is very risky. Don't let us be blamed if the hopes they dream don't come true.

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June 13, 2019, 11:57:23 PM
 #356

When needing advice for newbie participating in cryptocurrencies: I would advise them to find out what is bitcoin? (technology, foundation, ...) and show them how to trade, the basic analytical techniques then they can capture the current situation of bitcoin. It is important to introduce them to follow people with reputable technical analysis, quick information pages about bitcoin. That informations help them not get lost and reduce the risks in the cryptocurrency world

The first thing that must be conveyed to beginners is with regard to the high volatility of crypto currencies. We must tell them that investment in crypto currencies is very risky. Don't let us be blamed if the hopes they dream don't come true.

People need to stop seeing it as an investment. It is a payment method. They must see it as one. I don't think it is a good thing to introduce bitcoin as an investment. First as a currency then as an asset.
I also believe everyone should start off with faucets so they learn how things work and do not lose a lot of money in the process.

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June 14, 2019, 12:25:26 AM
 #357

I have told my opinion about the market to the person that asked me about bitcoin recently. But I didn't put words that will make him think positively and has the sense of encouragement to invest.

I told him as it is black and white, there's good and bad side if he's investing. Just be transparent if someone asks you or better to keep quiet.



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Rainbot
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June 14, 2019, 01:03:14 AM
 #358

I have told my opinion about the market to the person that asked me about bitcoin recently. But I didn't put words that will make him think positively and has the sense of encouragement to invest.

I told him as it is black and white, there's good and bad side if he's investing. Just be transparent if someone asks you or better to keep quiet.
That's really a cool way of describing about the risk associated with bitcoin indirectly. Most of the newbies whom used to get suggestion were already experts in other forms of trading. So that they will have basic learning about the trading process and the way to generate revenue. Very few newbies will be entirely new to it and for them I never suggest to take the risk, and for them my suggestion is to learn.

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June 14, 2019, 01:47:47 AM
 #359

I really wouldn't advise them or force them to enter Bitcoin or join the cryptoworld not unless they really are interested in Bitcoin itself. I have told my peers about Bitcoin and have convinced them a couple years ago and have been holding them too so if ever a newbie would ask me for an advise, I'd rather educate them first before letting them enter in the cryptoworld.
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June 14, 2019, 02:12:24 AM
 #360

I have told my opinion about the market to the person that asked me about bitcoin recently. But I didn't put words that will make him think positively and has the sense of encouragement to invest.

I told him as it is black and white, there's good and bad side if he's investing. Just be transparent if someone asks you or better to keep quiet.
That's really a cool way of describing about the risk associated with bitcoin indirectly. Most of the newbies whom used to get suggestion were already experts in other forms of trading. So that they will have basic learning about the trading process and the way to generate revenue. Very few newbies will be entirely new to it and for them I never suggest to take the risk, and for them my suggestion is to learn.
You just can't assure someone who's new to this. People would want to hear assurance that their money will work positively without taking risk but explaining in better and more clarity about the risk associated, I think they will understand it.

They might not understand it completely but as long as you have explained that there's risk, it's enough and you did your part.



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Rainbot
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