Will You Advise Newbies To Enter Bitcoin Now?

[gomezjoe]

https://i.ytimg.com/vi/YSbmjtdMz1Y/maxresdefault.jpg

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 must say no with this. It has really a broad scope, that I believe even research won't be enough when pertaining to price. Sometimes this is caused by investors or whales tbh. They really have an effect in the market rally sometimes. Also the one so called "contracts" that can drop the bitcoin price. Imagine if big time investors were to control the price and made bitcoin drop and never rise again? But I'm not saying that the price movement only focuses on this one. One factor is also traders who determines the price and we also have the "moderator" I wonder if this is true, the one that manipulates the price.. Well this is really broad as I've said. Be updated to the news and you'll also understand what I've said.

[KofiAdepa]

Well now that the price is around 9K its very dicey to decide whether to join or not but at the same time if the person could hold onto BTC for long then there is no fear but if he is for short term then the moment might not be now or ever unless he or she wait for further dip.

[barabarian1]

its hard to ask someone to join bitcoin. you can predict with previous data, but its not 100% accurate. sometime you will right sometime it going wrong. maybe the best advice is just believe yourself. make research by yourself, advicing someone is to dangerous for them.

[coinbitte]

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?

Sure, I've brought more than 20 people to the bitcoin world.

[Periodik]

I will introduce Bitcoin to them first. I believe an introduction to Bitcoin is enough for them to decide to invest some on it and perhaps shift from fiat to BTC in their purchases. Newbies should not be made to invest immediately if they do not yet know the reality of Bitcoin. After they know Bitcoin, no less than the technology itself, its advantages and disadvantages, its risks and benefits, only then will they decide whether to invest or not.

[Bes19]

Yeah why not? If someone i know is really intetested in bitcoin or crypto then i'll help them. But ofcourse i will tell them to also fo their own research. There are lots of videos and articles about bitcoin and trading that could help them. i will be just their guide.

[Dudeperfect]

Yes, I believe that Bitcoin is still undervalued and outsiders have not yet understood the real potential of it but instead of looking at it as a threat, we should look it at as an opportunity to absorb gains of initial stage and hence it is wise to have the defensive approach for newbies while getting started and invest only after understanding the insights of Bitcoin and crypto market.

[hisuka]

I will discuss first all about btc before advising to enter bitcoin. I am willingly to help and guide a newbie if she/he is interested to learn and to join bitcoin.  They should understand first how bitcoin really works and the risks in crypto.

[bryant.coleman]

I have been saying this for quite some time. For the noobs, this may be the last chance to accumulate coins at sub-10K levels. The next bull rally is going to take Bitcoin much above the 10K level, and in case you miss this opportunity, you may regret about it in the future. The block reward halving is now less than 12 months away. The assured bull run from that event may start from the end of this year. Until then, the prices may remain slightly volatile and may hover around the 10K-15K mark.

[Little_king]

Btc is far better to get recognized in all time as good investment to get in to at any time for newbies , only that they still need to get some info about the way and how the system works before get in to it for future reference .

[Pixyoxx]

Its good to advice newbies to Bitcoins now because the price os expected to go down soon so it will a great investment opportunity and also they can do their research and earn some Bitcoins through this forum and also the more the investors the better the state of Bitcoins

[dimastegar]

For me, bringing a newbie to come in and jump into the crypto world to buy Bitcoin is difficult. Because sometimes it's hard to explain to them about BItcoin. The point is we must be responsible for teaching those who want to learn about Bitcoin.

[keziakusayang]

it all depends on someone's decision. I think whenever is the right time to enter bitcoin. especially now that the price of bitcoin is starting to climb slowly. and many observers say the price of bitcoin will be higher until Christmas, I think even when to start is a fixed time rather than not starting at all.

[nankers]

My personally opinion is better before advise, newbie must learn more information about bitcoin and cryptocurrency. Cause i think if you only want to get some profit with bitcoin only look at increase and decrease a price, i think in the future you will suffer loss cause in crypto world Many things that affect bitcoin, not only just price increases or decrease

[Krislaw]

Yes of course. Why not? I'll advise them to invest in bitcoin because they have high potential but before the investment, I'll advise that they read more about cryptocurrencies.

Okey, you have to give newbie fully  knowledge about Bitcoin and blockchain technology behind. because newbie still don't have knowledge how to manage them fund when pricing on market drop, newbie always making FUD every and anywhere.

[Zero1One0]

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?

No. Everybody has to do his own research and take the decision if and when to "enter" Bitcoin.
Also a good strategy for somebody that wants to buy and hold is to buy over longer period of time, so the up/down fluctuations get somewhat equalized.
All I can tell is that the market starts looking good and I am almost convinced it should grow. But this means nothing, really.

I agree that everyone, especially noobs, should do their own research and when they are comfortable, they can enter the market anytime.
Don't just enter any market due to hype. Do everything with a proper research.
This is also the reason why noobs get slaughtered in any market.

[cered]

Yes, it's not too late to invest in Bitcoin. I believe that year 2020 will be even better than this one.

[joinfree]

Yes, this is the perfect time for anybody who wishes to invest into bitcoin to join. So many crypto starters were scared when bitcion sunk way down in value but right now we are almost hitting into $12k and the confidence in bitcoin is back. This is the right time to invest as experienced crypto investors like John Mcafee are making predictions of us hitting $100k in the near future.

[Abolaji11]

I think it is never too late to invest in bitcoin, however, I will advise investors to take caution and be patient enough to do a thorough research and enter at there convenient time.

[AlaEhBTC]

Yes because I think that bitcoin is just getting started and being known by all people. Just teach newbies that entering bitcoin is not just about having money on it but understanding the use of it.