What are common arguments for Bitcoin?

[Rajamuda]

If indeed they already have a strong intention, they will certainly explore the character and risks of Bitcoin first, so that they know the pattern of price movements, and really know how to make a profit.
Bitcoin price fluctuations... I think this can attract investors, especially with the price already touching the highest price, this can certainly be a strong reason for investors to choose Bitcoin as a modern investment medium.

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[Victorycoin]

Bitcoin's value creates a strong place to invest through fluctuations its price is doubled for the price differential also no one has control here through bitcoin investing the investor becomes the owner of more assets by investing according to his own needs. Even if there is a risk here the currencies are held for a long time for high profit, it reaches the highest level it is very easy to make a profit from here but you need to know the strategies.

[michellee]

What should new investors know about Bitcoin?

A new investor needs to learn about the volatility of bitcoin prices because that will happen every day. Besides that, they need to learn to control themselves because when they see the price fluctuated, their emotion can become unstable, which can lead them to sell in a rush without thinking twice. The new investors need to determine how much money they will use to invest in bitcoin. Otherwise, they will spend so much money without trying to buy bitcoin in every dip.

[GeorgeJohn]

It depends on the perspective of the investor because no argument that can make whosoever that wants to condemn cryptocurrency to be convinced, using government as a first illustration, if a politician who Dem it fit to castigates the existence of cryptocurrencies, their is no amount of reason that will be obtainable to him at first..

What should new investors know about Bitcoin?

From perspective someone that is new in cryptocurrency generation have to carry on an adequate research about cryptocurrency and more especially bitcoin, at first what the person should know is when to purchase a cryptocurrency and when to sell through the chart, because it very obvious that monitoring the movement of it determine it's gain.

[wahyu wida]

what usually happens is that beginners want to immediately double their money in the near future and a large amount. but many of them don't want to learn about crypto specifically and in the end they lose and regret it so they say bad things about bitcoin, even though they themselves don't understand

[Silberman]

My first reaction when asked is a smile. But during the explanation, I tend to always be careful with everything that will come out of my mouth.
Why? Just one mistake could lead to a large misinterpretation of what Bitcoin really is.
Also, I try to maximize the time of explaining it is not a kind of investment just like what others thought it is, "the quick rich" idea.
There is always a high risk with any high-profit investment and they should be ready with it.
When your clear on that, I am sure they won't just jump and buy it and instead they will try to learn more.

Even if you try this approach there are people that are not going to listen, they already know they want to invest and ask for your advice not because they actually want to hear it but just because they want to get some validation about what they are about to do, and if you do not support their choice they will simply think of you as someone that does not know anything about it even if you have many more years of experience and more knowledge about the markets than they will ever have.

[Oceat]

what usually happens is that beginners want to immediately double their money in the near future and a large amount. but many of them don't want to learn about crypto specifically and in the end they lose and regret it so they say bad things about bitcoin, even though they themselves don't understand

If beginners start to think like that then they will surely gonna lose their money in the process or worst being scammed. Some people think that Bitcoin is a way to get-rich-quick without thinking the possible consequences of how an easy money would turn out. There is no easy money in this world and if you encounter one you should probably think twice because they literally want something from you.

Beginners should DYOR first to understand how things work in crypto investment it's not just in crypto but also in real life. We should be curious at first be wise in decision-making and never jump head first into something that you don't know. The more you have knowledge the better the result of your future decision.

[SquallLeonhart]

From perspective someone that is new in cryptocurrency generation have to carry on an adequate research about cryptocurrency and more especially bitcoin, at first what the person should know is when to purchase a cryptocurrency and when to sell through the chart, because it very obvious that monitoring the movement of it determine it's gain.

The difference is that someone who did this when they are 50 years old and they got to 55 years old now and they are investing into crypto for the past 5 years will have to learn a lot more about it because when they first were born there wasn't even computer but we are having something like crypto right now. This is why there is a good chance that people are not doing something that is easy for them to understand.

However, if you were 15 years old and then you are 20 years old now that means you are basically growing with crypto and for you that is just the normal way of the life goes and that is the biggest difference. New generation will not make that much research because they would grow with the crypto.

[Ngemmeng]

The first thing new investors should know about bitcoin is that the price of bitcoin can go up or down very quickly, if you are a short term investor you should really pay attention to this. for new investors a sudden drop in prices can cause panic so a new investor must prepare their mental well.

[Twinkledoe]

What should new investors know about Bitcoin?

The should know first about the volatility of cryptocurrency, some people just enter something new just because they know that some people are earning on this as well, so they just do the same thing without even knowing all about it, so if we have a friend who has asked us about investing in cryptocurrency, we should tell them about volatility which is really different from investing in stocks.

And that very reason why a lot are attracted with bitcoin, the volatility that will give them high profits at a short period of time. But an investor or trader should know the simple rule of trading, buy low-sell high. As long as you are in positive profit, you're good. Even if it is not the profit that you want, just be grateful that you are in the positive side. Greed is the common human nature in play here, why a lot are being screwed.

[finaleshot2016]

What should new investors know about Bitcoin?

All I have to say about bitcoin to a new investor or a friend who is interested in it is to always do your research before putting money in. Bitcoin is quite volatile, and the present market can be easily swayed by some fad manufactured by large corporations, so we need perform our own research so we don't make any mistakes. Bitcoin is currently on an uptrend, so anyone who has tried to enter it has already made a tremendous mistake because it is extremely close to the ATH and we don't know if it will breakout or bounceback, which is one of the instances I'll try to show them.

[Alisha-k]

Bitcoin is a decentralized digital currency, it is not controlled or regulated by anyone and doesn't make use of a central bank.

Transactions are verified by a network system and recorded in a public ledger called the blockchain, this is why transactions take longer time to be carried out unlike the normal banking system. Bitcoin is quite vast and as a newbie you may not get all the informations about it under this post, so I'll advice you make your own personal research, also try to go through previous post.

Lastly and very important I'll like to say, don't be carried away by testimonies persons who are involved in blockchain give now, you never know what the went through until you're told...
And I say, it's important to know that the are day's of joy and day's of tears, only the brave and determined stay strong during the teary period

[xSkylarx]

What should new investors know about Bitcoin?

The should know first about the volatility of cryptocurrency, some people just enter something new just because they know that some people are earning on this as well, so they just do the same thing without even knowing all about it, so if we have a friend who has asked us about investing in cryptocurrency, we should tell them about volatility which is really different from investing in stocks.

Well, I believe most investors are aware of it since, unlike in the past, they are not conducting research and instead diving right in and investing. Well, the volatile market is excellent for traders since it is when the market moves and we can place our trades, but the downside is that you could lose a lot of money as a result of it. Similar to forex, the ideal time to trade (depending on the strategy) is london time.

[Fortify]

What should new investors know about Bitcoin?

There's quite a few good cases for Bitcoin. The most obvious is the whole decentralized nature of this currency - it can seamlessly cross borders without paying exchange fees and nowadays can be converted back into any other fiat currency quite readily. The fees have certainly come down since the early days, mainly thanks to some tweaks to the code (e.g. Segwit) that certain branches of the blockchain now support. The ability for it to exist on a personal device, outside of the banking system, makes it a truly cash-like equivalent which was never really possible. It offers a degree of anonymity and is as easily accessible to governments who might try to seize assets from the existing payment networks.

[GubiMixa1292]

What should new investors know about Bitcoin?

As an investor must know the risks, potential returns when trading with bitcoin and the difference between long and short term investments. Be aware of these points and through the rise or fall in the price of BTC over the years but you must know that nothing lasts forever. You will understand that today the price is higher than tomorrow the price is lower when starting long-term investment, we need to wait patiently for the price to go up, need to have faith and believe in what we have. and invest in it because this will help you never have to worry and be afraid to sell those coins cheap.

[alpamar99]

One thing to note, especially for beginners, is that you should never think that bitcoin is a tool to make you rich instantly.
getting rich with bitcoin may be very high probability, but Instant I don't think this is justified because here it's not an instant thing and can't be done in a day or a week and it takes more than that.
Besides that, volatility and risk must also be considered and as much as possible before actually doing anything, be it investing or trading first, to learn the basics first.

[Vaculin]

Will this makes me rich?

That's what the newbies think of bitcoin especially those who do not have enough knowledge on it.
Ponzi schemes do exist and they are using the popularity of bitcoin by offering investments with good offers and when the investors heard of bitcoin, they are usually misleading on what bitcoin is, so they'll invest and think bitcoin is a guaranteed profit while in reality, they invest on the Ponzi scheme itself.

I think what's needed is for people to learn the basics of crypto, understanding it will reduce the risk.

[TheGreatPython]

What should new investors know about Bitcoin?

All new investors are always looking for a safer investment opportunity and when you are clearly explaining about the protection of investment with  bitcoin ecosystem then probably they will get convinced up to 50%. The remaining parts are how we are going to explain about the returns because bitcoin market is not always into bullish mode but we are having long bearish mode than bullish periods. Those longer bearish mode must be the problem for most of new investors. And if you are able to convince against this then we can easily get them on board.

[2double0]

At first, show them the charts since 2012-2013.
Describe how btc had been declared dead hundreds of times by the community and still survived.
Show them the historical moves btc made. Show them the crash, then the revival, and then history repeating itself.
Tell them how a coin which was said to be a ponzi scam, has now become the favorite investment of all hearts. Show them institutional people's old comments where they said they don't believe in btc and then, show them their modern comments about btc where they are praising it and buying it too.

[albon]

What should new investors know about Bitcoin?

New investors should know that Bitcoin is affected by supply and demand, and although investing in Bitcoin is very profitable, it involves risks and this is due to sharp and sudden movements in Bitcoin prices, so you have to invest an additional amount away from your capital because in a jiffy you may lose your money, They must know that investing in Bitcoin doesn't achieve quick and easy profit within days or months.