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Author Topic: Will You Advise Newbies To Enter Bitcoin Now?  (Read 34349 times)
enogheghase123
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June 30, 2019, 01:47:23 PM
 #481

Your thoughts are well placed, but I believe the best time to enter into bitcoin is the very time we are now, procrastination has always been a killer of time and i believe those peeps that have been waiting to buy the deep when bitcoin was $3000 will be lamenting now. My advice to newbies is to hop in the moving train before it is too late, I see bitcoin hitting a $100k before the end of 2019.

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June 30, 2019, 04:09:06 PM
 #482

This time..

I wouldn't tell to anyone about bitcoin. If they're interested in it, then I'm there to teach them the basics. If you advise to tell them about the bitcoin, you will teach them all of your knowledge which is really hard. We have already experienced and we've been through a lot of things in the market. I only teach those persons who have willingness so they can search about it.
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June 30, 2019, 04:57:43 PM
 #483

If indeed a newbie has the capital to buy bitcoin then I highly recommend buying bitcoin. I am sure that in the near future, bitcoin will provide huge profits and even predict that until the end of this year the price of bitcoin can reach twice the current bitcoin price. We can use the next one month to buy bitcoin because I am sure that the price will go down a little. This decline is because many sell bitcoin for children's school needs. After that the price of bitcoin will return to skyrocket. I am sure of that.

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June 30, 2019, 06:39:15 PM
 #484

Yes, I would, only if they are willing to lock it up and throw away the key.

Not literally of course, who would be so stupid to do such a thing? *cough* Craig Wright *cough*
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June 30, 2019, 09:03:42 PM
 #485

Yes i will suggest them. Why not this time? If they have enough money for investment, i will obviously suggest them to invest on Bitcoin. Because as a market king, bitcoin has much popularity and bright future also.
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July 01, 2019, 03:53:25 AM
 #486

I'm a newbie and I enter crypto this spring. Nothing bad had happened yet, just don't invest a lot.

I invest in crypto just about 5-10% of every income. I hope it will work.
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July 01, 2019, 05:14:22 AM
 #487

Joining Bitcoin is a matter of choice but before joining I must advise doing proper homework, research, and analysis as it will help to dive safely in the Bitcoin market.
i agree with you. Before joining or entering crypto society they MUST research on what it is all about.
You still need to work it out by yourself but you can also learn in forum. If you are going to enter crypto right now.
Forum is one of the best training ground and also for you to gather more information. 

I agree that having sufficient knowledge before taking actions or doing any investments is always helpful in make constructive analysis. Forums are always good place for self learners to start from where not only it guides but also updates with latest news.
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July 01, 2019, 05:36:40 AM
 #488

Man I tried to get my grandfather an EX airforce fighter pilot of 22 years to invest. He was talking to me about how he had some gold stashed back and stocks in Valero Gas. I said grandpa you need to invest in crypto currencies. I told him to buy bitcoin back in April and he did not listen. Since I have told him BTC has went from $3500 up to $13000 I keep messaging him saying I hope you listened and invested. Of course he is not answering now. Sad part is he taught computer programming at the community college in my town. You would think a programmer would know BTC is a great idea....

I believe the reason he did not invest was because all the incidents with the dark web. He is a full blown American and believes in Taxes and etc. I tried to explain Crypto Currency is not illegal.


He did not listen....

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July 01, 2019, 07:39:57 AM
 #489

Bitcoin is an investment like any other. Newbies will probably learn their lessons about bitcoin brutally if they decide to invest without prior knowledge, especially considering that they either enter or exit at the wrong times.
But that's life. In short, they need analyse the past a bit to have an understanding of the economic workings of bitcoin or they will learn the hard way.
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July 01, 2019, 10:26:00 PM
 #490

Bitcoin is an investment like any other. Newbies will probably learn their lessons about bitcoin brutally if they decide to invest without prior knowledge, especially considering that they either enter or exit at the wrong times.
But that's life. In short, they need analyse the past a bit to have an understanding of the economic workings of bitcoin or they will learn the hard way.

yes, the newbies must have basic knowledge of bitcoin if you want to invest in bitcoin. then after that they should first analyze the market conditions and take a decision when is the right time to buy and when is the right time to sell, in addition they also have to learn on someone who is more experienced in bitcoin to improve the skills and manage risk better
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July 02, 2019, 02:00:48 AM
 #491

Bitcoin is an investment like any other. Newbies will probably learn their lessons about bitcoin brutally if they decide to invest without prior knowledge, especially considering that they either enter or exit at the wrong times.
But that's life. In short, they need analyse the past a bit to have an understanding of the economic workings of bitcoin or they will learn the hard way.

Ideally you should not invest your hard earned savings in to any asset, for which you don't have sufficient knowledge. And in case you do that and lose all or a part of that money, then you have only yourselves to blame. The technology and idea behind Bitcoin is not rocket science. It takes only a few hours to understand them and all the information is available in the public domain. 

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July 02, 2019, 02:40:33 AM
 #492

Why not? I think even newbies that wants to learn more can engage directly to bitcoin investment for as long as newbies continues to learn more about bitcoin and has the progress of knowing bitcoin's concept. Surely in the long run that newbie would learn more and make profits by what he have learn.
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July 02, 2019, 02:43:32 AM
 #493

Yes, but only after getting to know the basics of Bitcoin. Newbies should not just enter Bitcoin for the sake of the growing value. It is one of the plague hounding Bitcoin nowadays. People are simply curious as to whether there is money in Bitcoin. It should not be the case. Bitcoin has much to offer than just the growth of its price value. In fact, Bitcoin is not the price it has. Bitcoin is the peer-to-peer digital cash that will replace our old corrupt fiat system.
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July 02, 2019, 06:31:01 AM
 #494

This week has a lot of unexpected turns after Bitcoin hit $13,000 it is now $9800, that is a huge drop in just a matter of days, this is not good for a newbie to experience this, so it's better to explain this to a newbie what happens in this week is a good example you can point this out how volatile the market is.
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July 02, 2019, 06:47:03 AM
 #495

Yes, I do advice as to its never too late and never too early to join the Bitcoin industry, and I will suggest Newbies enter Bitcoin world now.
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July 02, 2019, 06:56:11 AM
 #496

Definitely, but I won't tell them to put a lot of money in it.

Once they have a small amount, they'll probably be much more interested in learning what Bitcoin is, and also what it can do. Once they've learnt all that it's entirely up to them to decide if it's worth it to invest more.
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July 02, 2019, 07:41:39 AM
Last edit: September 16, 2019, 10:45:04 AM by Malvika_sitlani
 #497

I dont think of advising or taking advise when it comes to investment. It is an individuals call. Also, Every call that one gives can not be a winning bet. First try to understand the difference between trading and investment.Always search in Coinmarket cap what is the current price and volume then invest. Also try to read about btc in different article to get more knowldge.

Source: https://99bitcoins.com/bitcoin-trading/

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July 02, 2019, 07:14:10 PM
 #498

It seems to me that it is never too late to enter the cryptocurrency market, especially if you study the subject and gain experience.  I don’t think that it is possible to specifically say that a newbie can now invest in Bitcoin for long-term storage, but to make an investment in Bitcoin and start daily trading is another matter, since the results will be much better.
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July 02, 2019, 09:51:22 PM
 #499

Your thoughts are well placed, but I believe the best time to enter into bitcoin is the very time we are now, procrastination has always been a killer of time and i believe those peeps that have been waiting to buy the deep when bitcoin was $3000 will be lamenting now. My advice to newbies is to hop in the moving train before it is too late, I see bitcoin hitting a $100k before the end of 2019.
Indeed bitcoin is open for all of us, we can invest anytime it is good investment, when you enter you will get to know many time the price moves sometime it will be higher so you can sell and when it will be low so you can buy, as now a day price is affordable so we can buy some bitcoin at cheap price, now is perfect time for new investor to take part in market.
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July 02, 2019, 10:31:26 PM
 #500

I will advise anyone at any time to enter the Crypto life as soon as possible. It doesn't necessarily that they need to invest in it. Just learn about it or have it been introduced to them is enough.
I mean, when it comes to Bitcoin, there is never too early to jump in. Just think about it! When you first heard about Bitcoin, I bet you do really think that it is a bit off. But then you still went with it God knows how. And when it came to the time when you had learned about it, been exposed to it, you would probably think What if I've done this a few years earlier? Would I be even more success? Would I have all those stuff I've been dreaming about my whole life?.
That's why I will never hold myself whenever I have the chance to let someone get into all this.

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