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Author Topic: Will You Advise Newbies To Enter Bitcoin Now?  (Read 34349 times)
Vishnu.Reang
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June 18, 2019, 02:08:25 PM
 #401

Well.... noobs have waited so long, and it won't really harm anyone if they could wait for a few months more. I am saying this because I expect some strong resistance between $9,500 and $10,000. It is not going to be easy for the bulls to breach this resistance level. If that happens, then we may witness a correction. So better to wait for that event, rather than investing now in a haste.
Naida_BR
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June 18, 2019, 02:53:12 PM
 #402

My advice will be very simple. And that is to invest your time first before you invest your money. You can get more time, but you can’t easily get more money. However, time is also money so do not spend it carelessly.

Get yourself proper Crypto Knowledge, as that’s the route that will take you towards making good and healthy money. If the focus goes directly for making money, it will not benefit you at all. So this is very much my advice.

And I would add to that, that the best option that a newbie have is to hunt a job in the blockchain industry based on the skills and knowledge they have.
It is a more secure way to enter the cryptocurrency space and of course they won't miss the train.
Thus, In my opinion, it is good to advice newbies to enter crypto but not with investing but with working on the industry.
Bes19
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June 18, 2019, 03:57:48 PM
 #403

If they ask about bitcoin and cryptocurrency then i'll explain it to them. I'll give them videos and articles about bitcoin so they would understand it better. But it's up to them if they are going to invest on bitcoin with the currency price. If they decided to invest then i'll guide them.
FauxHammer
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June 18, 2019, 04:17:42 PM
 #404

Bitcoin is just like money, it is just a tool. The person who handles it is the one responsible for the actions that come from those.

Wise words, my friend - i'm feeling the same when somebody talks about cryptocurrencies, generalizing the whole market by saying "quick profit" or "quick money" you are supposedly make there. It's not as simple as it looks, though it's not impossible. The key is to find the right time for an investment and it's very difficult for an inexperienced newbie to do.

Well, I think that it's quite good moment to enter bitcoin now. Bitcoin is quite stable and it's speculated that it will be growing. If you want to be into cryptocurrency market but you are not so sure if that's a proper moment to start, I recommend you to take part in some affiliate programs connected with cryptocurrencies, like for example this one. This is a great opportunity to earn some money without making investments
I agree, it's good for the beginning. But in the end such programs aren't enough to get a proper income and eventually you still have to start trading on exchange

True that, affiliate programs are usually well constructed so people who are using it can enjoy their passive income, but it doesn't matter what program are you part of - it's still very hard to create your own network of affiliates. I've been avoiding such affiliate programs corelated with cryptocurrencies for a long time but with the passing of time and constant development of a better user security, they seems to have more sense than ever before.
Thermytee
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June 18, 2019, 09:10:01 PM
 #405


There are different things involved in investing for newbies. More than meets the eyes. Bitcoin is profitable in an instant and also you could go into losses within minutes. Currently, bitcoin is at a higher price level now and so may not be advisable for newbies to get in. So it will be better to wait for the dip before investing
 It's only professionals that can go in and out of trades at any time. I'd a newbie does this, it's sure losses.

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bitzizzix
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June 19, 2019, 03:16:51 AM
 #406

For the current situation, it is rather difficult to encourage beginners to enter bitcoin because the price goes up, but everything depends on the circumstances and ability of the beginner if he is able, it doesn't hurt to suggest buying it.
and for beginners to feel inadequate because high prices suggest waiting for bitcoin to go down to buy it, and everything must be given direction and good understanding and motivation that bitcoin is the best investment.

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matt7
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June 19, 2019, 10:22:43 AM
 #407

Well, I think that it's quite good moment to enter bitcoin now. Bitcoin is quite stable and it's speculated that it will be growing. If you want to be into cryptocurrency market but you are not so sure if that's a proper moment to start, I recommend you to take part in some affiliate programs connected with cryptocurrencies, like for example this one. This is a great opportunity to earn some money without making investments

True, such affiliate program is a good option for the beginners. Also, I can recommend investment on buycoinnow, the website is safe and user-friendly
krb91
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June 19, 2019, 10:30:19 AM
 #408

Knowledge, they say, is power. Since the markets is showing signs of the  beginning of a bull run, it could be a good time for newbies to enter. However, it is imperative that they educate themselves appropriately on price action and cryptocurrency project evaluation at the very least so as to prevent themselves from falling prey to scam projects which are already seeping into the market again.

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nutella_11
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June 19, 2019, 10:42:58 AM
 #409

Well, I think that it's quite good moment to enter bitcoin now. Bitcoin is quite stable and it's speculated that it will be growing. If you want to be into cryptocurrency market but you are not so sure if that's a proper moment to start, I recommend you to take part in some affiliate programs connected with cryptocurrencies, like for example this one. This is a great opportunity to earn some money without making investments

True, such affiliate program is a good option for the beginners. Also, I can recommend investment on buycoinnow, the website is safe and user-friendly
Yes, this is a great option for beginners, I think that is the most friendly and the easiest way to buy BTC (or the other cryptocurrencies) of all. Do you still use buycoinnow?
CryptoMobster
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June 19, 2019, 10:49:32 AM
 #410

Best investment you will ever make is in yourself and then go from there.

Too many people join in, thinking they know what to do when in reality they are just playing one big game of blackjack.

alrose
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June 19, 2019, 11:26:08 AM
 #411

First time as other say do research and see what happen on past, anyway i think is still a good investment if invest in bitcoin because after some time 99% we can see the bigger price for bitcoin than what we have over time.
That is why it is necessary to buy bitcoin even at the current price.Probably the rate can be corrected down,but if we look at the picture as a whole,the success and the price of bitcoin will only grow.

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gbale
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June 19, 2019, 12:43:39 PM
 #412

advice for beginners is to see opportunities and read the market because the price of bitcoin keeps changing every hour and even though the high prices have no effect.
and if the price of bitcoin is high, usually the price of the altcoin also goes up.

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Vishnu.Reang
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June 19, 2019, 01:19:56 PM
 #413

I no longer engage with the noobs now, because at times it can be irritating and fruitless. In my town, most of the people with whom I have talked to regarding Bitcoin were arrogant and not ready to listen to my arguments. And I am not someone who was born with a lot of patience. When I need to deal with such guys, I make my points clear and in case they don't agree with me then I just ignore them and move on.
Nawrod
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June 19, 2019, 01:21:27 PM
 #414

Well, I think that it's quite good moment to enter bitcoin now. Bitcoin is quite stable and it's speculated that it will be growing. If you want to be into cryptocurrency market but you are not so sure if that's a proper moment to start, I recommend you to take part in some affiliate programs connected with cryptocurrencies, like for example this one. This is a great opportunity to earn some money without making investments

True, such affiliate program is a good option for the beginners. Also, I can recommend investment on buycoinnow, the website is safe and user-friendly

Maybe it is, but in the end if you want to trade you will probably want to invest anyway.
But on the other hand, Bitcoins earned that way might be enough for efficient start on crypto exchange...
nutella_11
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June 19, 2019, 01:31:48 PM
 #415

Well, I think that it's quite good moment to enter bitcoin now. Bitcoin is quite stable and it's speculated that it will be growing. If you want to be into cryptocurrency market but you are not so sure if that's a proper moment to start, I recommend you to take part in some affiliate programs connected with cryptocurrencies, like for example this one. This is a great opportunity to earn some money without making investments

True, such affiliate program is a good option for the beginners. Also, I can recommend investment on buycoinnow, the website is safe and user-friendly

Maybe it is, but in the end if you want to trade you will probably want to invest anyway.
But on the other hand, Bitcoins earned that way might be enough for efficient start on crypto exchange...

Of course that eventually you will have to use some cryptocurrency exchanges and invest in cryptocurrencies. but to me, when you are a beginner and don't have money to invest in - this is a perfect solution
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June 19, 2019, 01:33:39 PM
 #416

I believe that anytime is a good time to enter crypto, but we should all say the following things to our coworkers, neighbors,  friends, family or relatives:

1. Read the BTC whitepaper before buying crypto; any investor should understand the object of his investment and all crypto whitepapers are based on BTC;

2. Investing is like running a marathon, you have to be in it for the long run and for the good reasons, not care about BULLS and BEARS;

3. Invest only what you can afford to loose because crypto is a social experiment not backed by any government or financial institution;

4. Do not invest more than 5% of your capital because crypto is an Extremely High Risk investment as opposed to the stock market which is a High Risk Investment;

5. Altcoins carry an even greater investment risk; hundreds of altcoins have gone from Hero to Zero and BTC is the only crypto to have recovered from all bear markets;

6. Do not take out loans or use credit cards to buy crypto; you do not need a 30% interest on a crypto which can go down to 0 in just a few weeks;

7. Use Dollar Cost Averaging to buy crypto; decide on an amount which you can spend easily every month, every two weeks or every week to buy crypto; Dollar Cost Averaging will safeguard an investor from price fluctuations in the long run;

8. Learn to safeguard your funds; in this social experiment called crypto you are the only one responsible for the security of your funds because your are both the bank and the client at the same time

9. Diversify your portfolio in time, don't rush it, focus at first on BTC;

10. Investing is not Trading; leave Trading to the profesionals and fools.
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June 19, 2019, 02:05:59 PM
 #417

I think of course inviting other people to get to know him first, not just to buy it and keep buying at least need to be warned that investment in the crypto world has risks, not always discuss big profits, so this is where the role of new people is very important to increase trading volume , but it needs to be educated before they begin to hold it

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June 19, 2019, 02:19:45 PM
 #418

yeah I would definitely suggest to get involved in the world of bitcoin because in investment it is never too late to invest because by storing bitcoin and using the right strategy will bring very high profit. now the price of bitcoin starts to strengthen if you want to invest, do it little by little because there is a possibility that the price of bitcoin will fall, when that time comes you won't lose too much

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June 19, 2019, 02:26:07 PM
 #419

I do know that Bitcoin is heading north, but I won’t advice newbies to buy Bitcoin. If they cannot tolerate the loss, it’s not for them.

However, if they do have a perspective of taking the loss as an opportunity, it would be good for them. If I were to introduce newbies into Bitcoin, I’m only giving them the real use cases, its technology, etc. But when it comes to the buying part, I’m just gonna let them decide without telling or forcing them to buy.

I do crypto education in some cities in the Philippines, but I don’t really tell them to buy. They’re just the ones who are willing to buy and take risk.

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June 19, 2019, 03:50:42 PM
 #420

I do know that Bitcoin is heading north, but I won’t advice newbies to buy Bitcoin. If they cannot tolerate the loss, it’s not for them.

However, if they do have a perspective of taking the loss as an opportunity, it would be good for them. If I were to introduce newbies into Bitcoin, I’m only giving them the real use cases, its technology, etc. But when it comes to the buying part, I’m just gonna let them decide without telling or forcing them to buy.

I do crypto education in some cities in the Philippines, but I don’t really tell them to buy. They’re just the ones who are willing to buy and take risk.

It's always good to educate but not advise. From my experience, the market is far too volatile for most investors, so what they will do is buy while prices are rising and sell when they fall. This causes most people to get burnt. Most people are interested in quick profits and not the big picture that some of the long-term holders see. We see the transformation of the global economy while most people want to make some money to buy liquor at a bar or go on a weekend shopping spree. This is not why we are in cryptocurrencies.
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