Will You Advise Newbies To Enter Bitcoin Now?

[fortunecrypto]

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?

I would but I would like first to explain all he wants to know about investing in Cryptocurrency, I don't want him blaming me when he loses his investment, and I will advise him if he wants to get it to only invest what he can afford to lose, I'd like him to decide for himself, people should invest in their decision after analyzing the situation.

[Koobtcgal]

It is always a good idea to buy bitcoins in bit so if a newbie is to enter bitcoin now, it is a good idea as I will advise them to buy smaller amounts with monies thy can afford to lose with ease.

[nutella_11]

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

[xSkylarx]

It is always a good idea to buy bitcoins in bit so if a newbie is to enter bitcoin now, it is a good idea as I will advise them to buy smaller amounts with monies thy can afford to lose with ease.

Advising them to only invest what they can afford to lose basically says bitcoin is a gamble. You must teach him first the basics and fundamentals of bitcoin. And the possibilities of losing money from it. We all know that bitcoin's price is very volatile so a newbie to invest in bitcoin a bear market would be very frustrating.

[gwdf1]

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.

When you start working with Bitcoin, you understand that you want to learn more and more. You get enough knowledge and become a versatile person. It is really cool. A newbie must not hesitate to enter the market.

[Fedrey]

The fact is that today there are a lot of opportunities not only for professional users of cryptocurrency, but also for beginners.  The fact is that investing in Bitcoin is still a holiday today, considering the prices of the end of 2017.  In addition, it is necessary to study the material in order to draw the right conclusions and adequately respond to the situation with the cryptocurrency market.  I very much regret that in 2016 I did not have as much knowledge as I have now, because I climbed 2016 and squandered about 5 Bitcoins, which could turn into $ 100,000 before the end of 2017.

[jhonjhon]

Yes I will advise newbies to enter bitcoin today while the bull run hasn’t happen yet, we are expecting a bull run this year and it is a good opportunity for them to take advantage but in advising newbies to enter bitcoin we should be transparent in the sense that we have to inform them the good and bad side of bitcoin and let them fully understand how the market really works.

[Naughty Princess]

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.

I agree. You do not have to feel them hopeful when enter the market just to gain their curiousity about it. Telling about the good side and bad side shortly is just enough and it is their way how they going to find out the risk on crypto world.

[boyptc]

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.

I agree. You do not have to feel them hopeful when enter the market just to gain their curiousity about it. Telling about the good side and bad side shortly is just enough and it is their way how they going to find out the risk on crypto world.

I'm done with that kind of enthusiasm as for explaining about bitcoin as an investment. That made me frustrated and those people who have asked me before belittle me as they have witnessed the market of bear by 2018.

I'm just waiting for the higher peak of this bull market and will definitely show them quietly on what I will have when we reach to that point.

[IPVPIRL]

I'd never advice someone to enter bitcoin ever. Not the way you describe it.
I always stand against anyone that has no idea about Bitcoin and calling it a scam and always promote it by explaining the technology and positives. If I had to though, I'd tell him to wait for a dip.


Let me return the question: Would you advice a newbie to buy Apple stock now?

[bettercrypto]

Yes of course! We should not deprive anyone to learn new things specifically if they will gain from this. As of now, it is good to sell the news and development of cryptocurrency to the newbies. They are the one who add the price in the market. Many people make crypto as secret not knowingly that if we are at large scale then the market will rise better.

[abstractednerve]

Of course, I will! Though I never stopped teaching people about the cryptocurrency but now it is harder than before. Recently I tried to advise some of my village people about bitcoin and Ethereum. But they thought it is a scam stock trading! Later they got interested by seeing my portfolio!
We need more people in the crypto, as last year lots of people left the crypto industry. This year, we need to make them believe that crypto is here to revolutionize in the finance sector, it is the real money which is better than gold!

[IPVPIRL]

Of course, I will! Though I never stopped teaching people about the cryptocurrency but now it is harder than before. Recently I tried to advise some of my village people about bitcoin and Ethereum. But they thought it is a scam stock trading! Later they got interested by seeing my portfolio!
We need more people in the crypto, as last year lots of people left the crypto industry. This year, we need to make them believe that crypto is here to revolutionize in the finance sector, it is the real money which is better than gold!

Yes we need someone to dump our bags on his face. That's how you sound.

[BennyK]

The question is, why not? What prevents us from encouraging newbies to join or invest in Bitcoin now? The recent rise in price of Bitcoin is not the bedrock of Bitcoin because Bitcoin is capable of reaching $23K as the record has it. And with the set pace on the market, Q3 can take Bitcoin to $15K.

[Dapper]

Yes, but I'd advise most to adjust their expectations.   It's unlikely that one will make millions from investing $10-20k like the old days (the old days being 7-8 years ago).   But you can still make some decent returns.   

[umbara ardian]

Let me return the question: Would you advice a newbie to buy Apple stock now?

those aren't same bitcoin when you standing for, i thing newbie have to know how bitcoin work and what technology behind that.  when newbie know it and buy smoe bitcoin price will be increase and make some profit to us.

[Wayan_Pedjeng]

The exchange rates have already risen by almost 200% during the last 3 months, from $3,000 per coin to $9,000 per coin. Short-term investment is not recommended under current circumstances. If the user is ready to hold on to his coins for a minimum of two to three years, then he can enter the cryptocurrency market right now.

[Wingzcrypto2018]

There's nothing wrong if newbie enter into bitcoin world, as long as He/She dedicated and determine to do it, well go on.
Just always begin with learning and push themselves in a hurry to get profit here, because there's no quick profit here anyway.
 

[pecson134]

I would advise her or him to enter the bitcoin industry but should be explained fairly the pros and cons on dealing with bitcoins. There are no reasons for someone to hinder(if are only disclosing the disadvantages) other in entering bitcoins unless it was detrimental to the one being advised with.

[aioc]

It's too risky if he will invest without knowing what he is investing too, anything can happen in a volatile market, I will educate him first show him the advantages and disadvantages of investing and how volatile the market is, then ask him what he thinks, it's his money the last decision should be his.