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Author Topic: Will You Advise Newbies To Enter Bitcoin Now?  (Read 34349 times)
Harkorede
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June 16, 2019, 11:23:34 AM
 #381

It will be up to the Newbie to decide whether or not to join at the time of the market situation, the best I can do is to emphasize the usage and adoption of Bitcoin, as well as to highlight the advantages and possibilities that lies with its usage. However, I'll be more poised to introduce it as a privacy oriented means of payment rather than a get rich quick investment.

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ttcsalam
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June 16, 2019, 12:56:25 PM
 #382





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 think the market should not be invested properly without doing any research. Because there is a lot more chance of loss than profit. I saw many people lose their capital.

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XCANA
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June 16, 2019, 01:08:21 PM
 #383

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.
 

Will disagree with you, the volatility of the cryptocurrency market wouldn't allow me to advise Newbies to venture into the world of cryptocurrency without prior knowledge of it volatility. There's no way you advise them, and they will not see how to get quick money which at the end, will land them into great loss.

Fred3030
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June 16, 2019, 01:14:46 PM
 #384

As of today BTC has surpassed 9k USD which is an all time home as far as 2019 is concerned, if I am to advise a newbie, it will be wait for a retrace ( correction) before thinking of hopping in. From all indication I think Btc has hit a resistance at 9300 and we should see a correction very soon.

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June 16, 2019, 02:42:49 PM
 #385

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.   

This. Of course i would advise more people to join but they need to know the risks they face.

So they won't do something extremely reckless like putting their house in risk only for some "quick profit". It could work, i bet that it worked for some. But when it won't work, the consequences are too huge to not name them.

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.
Johnzky
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June 16, 2019, 02:50:45 PM
 #386

No I’m not,instead I will advice them to study and learn about bitcoin and tell them how risky this is but profitable so in that case they will never blame me whenever the investments turns negative and all the mistakes will be from their moves not mine
klaaas
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June 16, 2019, 04:36:48 PM
 #387

No I’m not,instead I will advice them to study and learn about bitcoin and tell them how risky this is but profitable so in that case they will never blame me whenever the investments turns negative and all the mistakes will be from their moves not mine
Instead of pointing out to the specs and whitepaper you could explain what the moments where you did buy inn your self and how that worked out.

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samridhi20
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June 16, 2019, 04:51:49 PM
 #388

yes its good time for bitcoin investment,but for newbies i want to suggest its important to get full knowledge about bitcoin , it stating self resurches and knowledge is best and when you started investment your country laws what say about it .its very important cheek utility for yourself its must.
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June 16, 2019, 10:34:33 PM
 #389

The long-awaited bull run has not happened yet and we can assume that now is a good time to buy bitcoin. But if you look for the best price, I think it's better to wait a little.
Kriptonian1661
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June 17, 2019, 09:13:06 AM
 #390

Only if i am paid to do it  Grin
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June 17, 2019, 11:01:06 AM
 #391

Based on my own experience, it all depends on how you approach and how well can you explain to a newbie cryptocurrency. If you will just focus on cryptocurrency as a way to earn money, it might just give them a wrong idea or might not get the whole concept of cryptocurrency. Most people or newbies who get into crypto thinks it's just a way to earn money or fast get rich scheme. In the end they will think that crypto is a scam, if they will lose a huge amount of money due to their greed and misconception of crypto.
Mr Zet
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June 17, 2019, 11:42:56 AM
 #392

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
bitbunnny
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June 17, 2019, 11:53:54 AM
 #393

Maybe now it's not the ideal time for newbies to enter the market but then again it depends how much previous knowledge they have and what are their expectations. If they are only after fast profit they might get disappointed.
Anyway, I would suggest them to start with small amounts and learn as much as possible before they start with some serious investments.

sandra_1
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June 17, 2019, 12:32:16 PM
 #394

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 can agree that affiliate programs are great opportunity for beginners, I would recommend to check some really profitable and popular websites and take part in their affiliate programs, it is a good way to have some income
Mehr Sher
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June 17, 2019, 07:03:49 PM
 #395

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.
dr.cheema
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June 17, 2019, 07:32:50 PM
Last edit: June 17, 2019, 07:51:49 PM by dr.cheema
 #396

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.
Agree with you mate, many people enter in crypto space without any experience or knowledge so in this way they lost money by scammers by phishing sites. I think newbies should start investing with less money and use only top exchanges and they should ignore ad links or check twice before enter pass or key.
Well I will suggest newbies to enter in bitcoin because definitely BTC will reach ATH in near future.  
ioanbtc
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June 17, 2019, 07:46:50 PM
 #397

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.

jabrix
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June 18, 2019, 03:31:39 AM
 #398

It will be up to the Newbie to decide whether or not to join at the time of the market situation, the best I can do is to emphasize the usage and adoption of Bitcoin, as well as to highlight the advantages and possibilities that lies with its usage. However, I'll be more poised to introduce it as a privacy oriented means of payment rather than a get rich quick investment.
I suggest that you immediately invest bitcoin as soon as possible, because in my opinion the "party" has just begun, so that the increase in the price of bitcoin can be even higher. Remember, in 2017 Bitcoin once reached a price of USD 20000.
I show the profit of investing in bitcoin compared to other investments such as gold or property, for the past month. For comparison one month ago the price of bitcoin USD 7380 has now reached USD 9280.

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June 18, 2019, 06:17:24 AM
 #399

The very best time to enter into bitcoin is now now and now, a little day delay may mean you missing the train, procrastination is what made me loose out in this bitcoin boom and i cry myself out on daily basis for not taking the decision when i thought i was still a newbie. my advice to newbie is that the best time to enter bitcoin ride is NOW.
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June 18, 2019, 08:01:57 AM
 #400

i would advice newbies nt to enter crypto market now market is bullish we may see most correction then it is best time to enter wait for right opportunity
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