Will You Advise Newbies To Enter Bitcoin Now?

[Kavidissa1]

My opinion is exactly opposite to this. Because Entering to Bitcoin as investor is better when it is at low stage. I entered to Bitcoin at beginning of the year. I invest near 2000$ and now i m gaining the profit. This is the time for bounty hunters. I also join here as a bounty hunter for that reason. I advise newbies to enter to field not as a investor at the moment, but as a bounty hunter.

[Chikitita2004]

No one can discourage an interested and willing person regardless if he be a newbie or an expert. Anyway, it will not matter to a newbie if it is $3000 below or $10,000 above if he has enough money of his own to  invest. Anyway no one can really tell if tomorrow or next month will be the better time to invest, everyone is just speculating.

[Mike Mayor]

Yes, I will. People are focused on the "price" of bitcoin and miss the point that it is a currency. I still use bitcoin earn it and get paid in it as well as spend it. It is a currency and I treat it as such.
It is also outside the control of the government and banks which makes it a tool of the people and that is why I feel everyone should use it. Sell your fiat for btc and buy what you need with the bitcoin instead of using fiat. That's what I do. If we all pitch in the price will be stable and rise up.

[emberbekas]

I don't want to be blamed if one day the price will go down again as it was in early 2018 because at that time I also told some people to invest in bitcoin. It would be better to tell them in advance that crypto is very volatile and the price will not always be on our favour. Tell about the risk first before telling about the good things.

[Timmzzy]

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?

For long have been talking to few of my buddies to take part in the market right when it was 10 times low than this I believe it was to the mindset one will have to endure and taking a bold step to bag some bitcoin as at when it was low within thinking it will die off.

[Nasty23]

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 .

Yes, there is no specific time to buy Bitcoin as long as we know more about Bitcoin and how it works properly in the market we can enter on it anytime but we should think about creating strategies especially those newbie before investing on it so that we are aware about the losses that can possibly encounter and can be resolved because of these strategies that can help us to earn more profit in the future.

[mrdeposit]

The increase in price should not be a reason to start btc trading. Because, thinking that this increment would be continuous, there was plenty of loser. Better yet, begin by understanding what it is, what nature it has.

[MakeMoneyBtc]

I don't want to be blamed if one day the price will go down again as it was in early 2018 because at that time I also told some people to invest in bitcoin. It would be better to tell them in advance that crypto is very volatile and the price will not always be on our favour. Tell about the risk first before telling about the good things.

As long as you explained someone the risks he is taking when they start investing its not your job anymore about how they manage their investments. So, you should advise new people to enter bitcoin anytime but you should explain them the basic advantages and disadvantages of starting to play with such kind of things since their money will be involved in this game.

[Crafty919]

Got in a little after the peak. Been in and out since but recently got more involved buying as much bitcoin as I can afford while also being invested into ETC. it’s never too late to get in, even though obviously it’s best to get in before the gravy train gets to rolling, but that’s for everything I suppose.

[Ray55]

I am new to bitcoin and i think people should let new users join the bitcoin. there are a lot of people out there who do not even know about cryptocurrencies and making stupid decisions every day. yet they are losing their precious time by doing nothing.

[Vaculin]

I am new to bitcoin and i think people should let new users join the bitcoin. there are a lot of people out there who do not even know about cryptocurrencies and making stupid decisions every day. yet they are losing their precious time by doing nothing.

Yes. Everyone here is free to join bitcoin but make sure you make good research first before making such investments. Bitcoin investments has a big risks along with it so atleast you are aware of it and know how to take the risks. For now, btc price is really having a good increase and hopefully in the next few days bull run will start.

[TheUltraElite]

The increase in price should not be a reason to start btc trading. Because, thinking that this increment would be continuous, there was plenty of loser. Better yet, begin by understanding what it is, what nature it has.

Beginning of trading should always be with the basics. Here the basics can be knowledge from stock market trading or commodities - at least some idea about how speculative markets works should be there. Complete newbies are going to get scammed easily if they enter crypto. Secondly the rising price is a wrong time to enter. It draws a hype but that is not the proper time to invest in.

Rather the time when prices are going down and remain less active on social media buzz is when you should buy it.

[arpon11]

I do not think telling a newbie about the price is a thing at all. why will a newbie care about the price in the first place? I will surely tell a newbie to get more knowledge about the markets and trading before getting into one of it.

A newbie should not invest into bitcoin and should not trade at all except they are ready to lose money and classified bitcoin as gambling or a ponzi scheme! I have said this here before that " to become a successful trader or investor in cryptocurrencies and bitcoin you must be skillful and professional" newbie may not know were bitcoin is coming from after the long term bearish market we witnessed in 2018 , and we should not encourage them to invest in bitcoin in the middle of bull run as we don't really know the major reason behind the current bullish trend except the technical setup.

[yoseph]

With the recent growth of bitcoin in the last few weeks, I believe that this is the time for anyone including the newbies to invest but one must also caution them that there is a great chance of them losing money since every investment is risky in the end.

[Rahman11]

Many of answers showing about this point, I also add something! I think I can give advice anyone, but it not means that they are not able to make any decision about their confidence! if anyone newcomers wants to involve with bitcoin then I just suggest them get your some time over market research and analysing before trade some bitcoin, and keep on eye over bitcoin market.

[BigBrother]

As we can see, the level of $ 8000 has already been reached. It is likely that we will be able to reach 10 000 dollars. I think that if you buy bitcoin in the long term, you can do it now. But if you want to make a quick deal, it is best to wait a little and catch the price rollback.

[onrise]

As we can see, the level of $ 8000 has already been reached. It is likely that we will be able to reach 10 000 dollars. I think that if you buy bitcoin in the long term, you can do it now. But if you want to make a quick deal, it is best to wait a little and catch the price rollback.

A good chance for people to still make money as it will cross 10k mark as well in coming time so better not to miss this ride as people have already missed it if they had not bought at previous levels . So a good time still exist for the market to rise .

[TIDOVEE]

there is no other better time for newbie to join than now, the earlier the better.i also thought in was late when i started two years ago but now i have made a reasonable rank appreciating piucking up without delay. then it was even still easier to get to a higher rank than now.

[sngwinner]

Btc has already hit 8k and still showing signs of upwards move. The best time to jave introduced a newbie was during the bear market but for fear of losing their investment, they shunned from entering at that time. However, it is never too late to introduce a newbie now. The bull run just begun.

[Korkorjkk]

The way BTC is rising, there is hope of it still rising and investors making profit when they buy some. But investment decision is a personal one and should be taken by each individual if they deem fit.