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Author Topic: Will You Advise Newbies To Enter Bitcoin Now?  (Read 34349 times)
MFahad
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May 12, 2019, 04:38:45 PM
 #101

I don't think so. Well, I do want some of the people here to use Bitcoin but the thing is that they are new to technologies that even turning a phone silent is a  problem for them. It will be a long headache teaching them how to open exchange and sending a Bitcoin to a  certain wallet. I did introduce Bitcoin to them but I think that is how far I will go.

Well, we will teach newbie, we are not teaching of kid. Now every one is intelligent who is already working on internet. We should build trust on people that bitcoin or altcoin, these are good investment now and also in future. When anyone enter on it then definitely people will try to get knowledge about bitcoin. 









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May 12, 2019, 06:12:33 PM
 #102

Sometimes in 2017 before the bull run begins, I replied to someone asking in the facebook group, he asks for some advice to buy bitcoin.

I tell him, no you don't buy it now, I said that because we hit another ATH I think? like 2k-3k..

Fast forward a few months later, we got a bull run, the biggest one we got, any alts pumping right and left.

Also in the past I used to tell my friend to buy some altscoins, you know something that I think at the time will make me rich, he didn't buy and the alts I was talking about become dead, the dev abandoned the project.

 


From that story, you can see that I don't know shit. So if I found a newbie and asking for advice, I will tell him he can lose all the money he has and I can't give him any advice, you must do your own research.
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May 12, 2019, 06:37:21 PM
 #103

This is not the right time to tell them to invest in bitcoin or buy bitcoin now because the price of bitcoin still can't be ascertained whether it will go up or down, because if we tell them to buy bitcoin now and they don't know bitcoin it is just useless if they don't know about bitcoin and they only buy bitcoin and sell bitcoin without seeing bitcoin going up what goes down for things that are very detrimental to them so, this is not very time but for those beginners who want to buy bitcoin now
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May 12, 2019, 09:40:34 PM
 #104

For me I will advise newbies to use Bitcoin for their transaction of goods and services but I will never advise them to invest in it.  Bitcoin investment has a lot of risks attached to it. If you don't really understand how the Bitcoin ecosystem works or operates, you will end up losing your investment capital.
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May 12, 2019, 11:53:20 PM
 #105

For me I will advise newbies to use Bitcoin for their transaction of goods and services but I will never advise them to invest in it.  Bitcoin investment has a lot of risks attached to it. If you don't really understand how the Bitcoin ecosystem works or operates, you will end up losing your investment capital.
Right.Bitcoin investment is really risky so i will advise him to make researches first before making such decisions.Newbies should have studied the market well so that they will understand more about crypto market and its price charts.And when they have made up their minds,they can start investing even if the price market is high.For sure they will still gain profits much doubled or tripled with the capital they have invested if ever this market will be heading into a bull run after few days or months.

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May 12, 2019, 11:57:06 PM
 #106

Well, I don't think it really matters the time when a newbie enters the crypto market because at a certain point he will have to face this problem and I think it's better to learn how to handle it from the beginning so that in the future he will have no problems. A newbie will anyway face all kind of situations and he/she has to go trough all of this because that's the only way to learn from mistakes.
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May 13, 2019, 04:54:27 AM
 #107

If we believe that Bitcoin and the cryptocurrency in general will exist for a long time, then it will not be too late for beginners to join the cryptocurrency for a long time.
Cryptocurrency is still only ten years old and it will still be developing for a very long time, and we don’t know what it will be at the end of its development. Therefore, it is never too late for anyone to join it.

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May 13, 2019, 05:49:27 AM
 #108

I advice them to go buy some bitcoins on the day it reached the bottom $4K for about the third quarter of 2018. It can also be a good start now since its on its way up and it just takes its first step fro the 5 step ladder. Theres no perfect time if the person really wants to profit from anything. Its just a matter of patience and hard work.

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May 13, 2019, 06:45:25 AM
 #109

i have fried got interested in bitcoin mining recently but i told them just buy bitcoin and hold instead
it not late for newbies to enter bitcoin even the price rise recently in my opinion its still cheap
and in the next few month it might rise more





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May 13, 2019, 06:53:48 AM
 #110

I advise all of my newbie friends on social media who are searching for an investment opportunity starting from last year 2018 to start investing in crypto before the new bull run occurs some are got interested but majority are hesitant to put their hard earned money and I understand but I told them just invest a little by little amount like $20-30 every payday and they will see once value increases over time they will not regret. 

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May 13, 2019, 07:16:42 AM
 #111

I also want advice from the experienced people about this. Now, should we like to enter the new Bitcoin investment? I think this is the best time to enter Bitcoin. Bitcoin prices have increased a lot and many people say this price will increase further. So I think it's a good time to enter Bitcoin now. Still, I want the opinion of the experienced people what they say?

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May 13, 2019, 07:23:51 AM
 #112


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?


Always most welcome newbies in forum, it can be good or bad times. But i think why newbies will not start a new journey with good things!! To spread crypto whole world, newbies can join this time as market is going up cutting bad situation.
So join and research here to enlarge crypto. Best of luck.
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May 13, 2019, 07:41:41 AM
 #113

I advise all of my newbie friends on social media who are searching for an investment opportunity starting from last year 2018 to start investing in crypto before the new bull run occurs some are got interested but majority are hesitant to put their hard earned money and I understand but I told them just invest a little by little amount like $20-30 every payday and they will see once value increases over time they will not regret. 

That's a good advise. If i'd tell my friends to invest now, i'd tell them to spend the minimal amount they could. You have to make them feel the market movement while slowly making them understand what they're dealing with. I don't just tell people to buy this and that then hold. For them to appreciate bitcoin and it's benefits, they have to also learn by themselves.


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May 13, 2019, 08:22:08 AM
 #114

Hi.
I'm really a newbie. I have invested about € 500 when the BTC was in 6000USD. I have maintained my position despite the rebounds on Sunday. The profit that my Coinbase presents right now is around € 15. I do not know what to do. Can you guide me please? Thank you.
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May 13, 2019, 09:33:03 AM
 #115

formula is simple and easy.if you can afford to loss or you have extra money then its easy for investing in crypto.If you can't afford losses then stay away from crypto.
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May 13, 2019, 10:10:04 AM
 #116

It is theoretically a good moment to invest some money in BTC?
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May 13, 2019, 11:41:30 AM
 #117

I always advice my friends and colleagues, to understand cryptocurrencies, to learn about this technology which is disrupting the world, and to invest some money also into it. But our job as experienced folks in crypto (Even if it is a little experience) is to educate newbie guys to about the risk of investing and also about the volatile nature of market.

Now talking about the time to enter bitcoin, I think yes it is the right time. If only you are planning to hold BTC for longer run, if you are planning to enter into trade than enter from stable currencies like USDT/DAI etc. Trade them and try to earn some small profit every day. Learn crypto trading from small amount first, later you can switch to longer trades.

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May 13, 2019, 02:36:48 PM
 #118

There is no specific time to buy Bitcoin especially to the newbie. The cryptocurrency market place is highly volatile and every investor will make appropriate profit with Bitcoin at one point in time. Bitcoin is   predicted to be hundreds of  thousand of dollars in the next 10 years. Buying Bitcoin at a few thousands dollar and selling for $250 000 and $1 million is worth it .
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May 13, 2019, 03:54:57 PM
 #119

Nope because joining crypto worlds are not recommended for those who lack of knowledge especially the risk are too high if we compare to other way how to making money but i don't mind if someday they asking help and want to join with their wants and i will help them with my fully efforts

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May 13, 2019, 04:29:07 PM
 #120

I will advise some of my friends who don't have bitcoin to enter now and buy some, but i already told them to buy when was more cheap at 4000$+ but even now can be a good investment for long time.
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