An advice for newbies and plebs

[redsun114]

Newbies with plans to benefit from the next bull run should start now. Now is the opportunity that they have to make that huge profit from the huge uptrend that will take place in the future. Just check the past bear and bull cycle how it happened, after the correction took place the market stayed on that low for a very long time and I think the current price we are at now is the low for this cycle, the 30k to 40k range.

The market has been circling this rate if you have been following up closely. So, it is now for anyone with plans for a long term investment that would reach 2025. On the next bull run there might be the possibility of the market reaching anywhere around $100,000 .

[iv4n]

Newbies with plans to benefit from the next bull run should start now. Now is the opportunity that they have to make that huge profit from the huge uptrend that will take place in the future. Just check the past bear and bull cycle how it happened, after the correction took place the market stayed on that low for a very long time and I think the current price we are at now is the low for this cycle, the 30k to 40k range.

The market has been circling this rate if you have been following up closely. So, it is now for anyone with plans for a long term investment that would reach 2025. On the next bull run there might be the possibility of the market reaching anywhere around $100,000 .

Well, 2024 is the year of halving, and like always the year after halvings we had some pretty nice bull runs that led to new price records! I believe that history will repeat itself once again, so I completely agree with you that people should start accumulating if they didn't already! This and the next year will be tricky ones, I guess we will see some lower levels and dips, people need to stay strong, and instead of selling people should try to buy these dips! Sometimes it's hard to stay strong, but that's the cycle we need to pass and I think most of us already know what is the best thing to do in these times!

[livingfree]

Well, 2024 is the year of halving, and like always the year after halvings we had some pretty nice bull runs that led to new price records! I believe that history will repeat itself once again, so I completely agree with you that people should start accumulating if they didn't already! This and the next year will be tricky ones, I guess we will see some lower levels and dips, people need to stay strong, and instead of selling people should try to buy these dips! Sometimes it's hard to stay strong, but that's the cycle we need to pass and I think most of us already know what is the best thing to do in these times!

Yup.

They should listen to us that have experienced two or more halvings and bull runs. It's going to be a life changing moment for them if they start accumulating right now and we don't know how high the price could be by the time halving's done by 2024.

Everyone who's been here just to pass through for this year and next year. Next year might be the bear or this year as there's still 3 quarters left. Anyway, just looking through what 2024 and upwards can bring for bitcoin.

[Natalim]

The market has been circling this rate if you have been following up closely. So, it is now for anyone with plans for a long term investment that would reach 2025. On the next bull run there might be the possibility of the market reaching anywhere around $100,000 .

Indeed. Many speculations spreading that this year we are bullish again. Anticipating the market spike should be done earlier if possible and the current price is somewhat good for buying. We don't have to miss this chance otherwise, regrets will be taking place later.

Bitcoin had started to gain the uptrend momentum by now. We might be able to see the price of Bitcoin at $50k in the next quarter. Not really impossible as the market is quite moving high at this time.

[newdevices]

The market has been circling this rate if you have been following up closely. So, it is now for anyone with plans for a long term investment that would reach 2025. On the next bull run there might be the possibility of the market reaching anywhere around $100,000 .

Indeed. Many speculations spreading that this year we are bullish again. Anticipating the market spike should be done earlier if possible and the current price is somewhat good for buying. We don't have to miss this chance otherwise, regrets will be taking place later.

Bitcoin had started to gain the uptrend momentum by now. We might be able to see the price of Bitcoin at $50k in the next quarter. Not really impossible as the market is quite moving high at this time.

However, we must be aware that the current market conditions are still not really stable even though the market is currently moving high,
keep monitoring the market movement all the time and I think it's important,
we'll see later in the next quarter whether the price of Bitcoin will be able to reach $50k or not

[bitgolden]

Many speculations spreading that this year we are bullish again. Anticipating the market spike should be done earlier if possible and the current price is somewhat good for buying. We don't have to miss this chance otherwise, regrets will be taking place later.

Bitcoin had started to gain the uptrend momentum by now. We might be able to see the price of Bitcoin at $50k in the next quarter. Not really impossible as the market is quite moving high at this time.

However, we must be aware that the current market conditions are still not really stable even though the market is currently moving high,
keep monitoring the market movement all the time and I think it's important,
we'll see later in the next quarter whether the price of Bitcoin will be able to reach $50k or not

The volatility of the market will always be a deal here, it is true for crypto at any point. This means that we should not be shocked that there are some people who are looking into crypto and thinking it is going up and will continue to go up. Most of them are wrong to think like that, doesn't mean it will not go up it "may" go up, but the reality is that just because it is going up and has the momentum doesn't mean that it has to keep going that way.

This is why I believe that we should not be shocked about the current situation, just focus on how we could get better and we will do a lot better in the long run. This is why I believe that if you see it going up, just be careful, be hopeful but also careful.

[LastKiss]

Newbies with plans to benefit from the next bull run should start now. Now is the opportunity that they have to make that huge profit from the huge uptrend that will take place in the future. Just check the past bear and bull cycle how it happened, after the correction took place the market stayed on that low for a very long time and I think the current price we are at now is the low for this cycle, the 30k to 40k range.

The market has been circling this rate if you have been following up closely. So, it is now for anyone with plans for a long term investment that would reach 2025. On the next bull run there might be the possibility of the market reaching anywhere around $100,000 .

Well, 2024 is the year of halving, and like always the year after halvings we had some pretty nice bull runs that led to new price records! I believe that history will repeat itself once again, so I completely agree with you that people should start accumulating if they didn't already! This and the next year will be tricky ones, I guess we will see some lower levels and dips, people need to stay strong, and instead of selling people should try to buy these dips! Sometimes it's hard to stay strong, but that's the cycle we need to pass and I think most of us already know what is the best thing to do in these times!

2024 is still far to people who don't have the patience to wait, we should encourage them with positive comments and never do anything negative comments to them it will make them become uncertain about crypto, it will make them not confident from what they hold. When we wait till 2024 there's a lot of market movement that will move our mind to sell it that's why patience is the most important role here.

[Hypnosis00]

snipped...

Well, 2024 is the year of halving, and like always the year after halvings we had some pretty nice bull runs that led to new price records! I believe that history will repeat itself once again, so I completely agree with you that people should start accumulating if they didn't already! This and the next year will be tricky ones, I guess we will see some lower levels and dips, people need to stay strong, and instead of selling people should try to buy these dips! Sometimes it's hard to stay strong, but that's the cycle we need to pass and I think most of us already know what is the best thing to do in these times!

Well, I guess everyone is somewhat excited for the upcoming halving as certainly it thinks that ATH is possible. But we don't have to wait that moment then, investing it now is a good opportunity given the market for us. The price is low, 2-3 years from the ATH show up as it happens in the previous halving.Therefore, I suggest newbies start accumulating now as this never happens again once the market started to rally. Precisely, we don't need to wait for the price of Bitcoin will reach $50k.

[TheGreatPython]

This is going to be difficult for them, even if people dream of making money while doing nothing, the truth is that very few people can do something like that, people have the need to do something in order to get success, and it is because of this why holding bitcoin is not as popular as it could be despite the overwhelming evidence about being the best and safest strategy that you can use to earn money, so with that in mind even if I think your advice is correct very few people are going to follow it.

Yeah, really those people are not used to waiting that long for an investment to generate profit, especially when they don’t have enough money to spare. It can be an easy thing for the whales, they have lots of money, so there is more than enough to spare and they can decide to invest in the market and hold for as long as they want and not even feel it.

For someone who don’t have that much, there is the possibility that they would find themselves in a position where they will be in need of the money that they have invested and that would make them to withdraw that money and that disrupts the whole plan of HODL'ing.

[Anguwa]

Simply stop day-trading, or any more active form of trading. Preserve your capital and wait for the market to be in the same situation like 2020 again, when investors were excited to throw their money in crypto. The market narrative has changed, people are not as excited. The market has always followed a bull - bear cycle. Save your money, and wait for the next opportunity.

2022 - It might be a bear market.
2023 - It might be the next opportunity to buy the Bitcoin DIP.
2024 - It might be the new BULL MARKET.

Thanks for this wonderful advice, but I am still thinking that this market situation can favor some day traders with big capital to invest and take the little profit they have, although the market is not predictable and this year 2022 has come with bear market which I think it's going to an end.

[nhaila]

Before you start trading you must gain knowledge from different sources or you may face huge losses at any time. Moreover, you will not be able to trade due to excessive greed, otherwise you will face huge losses. Don't trade outside of your budget.

[Benefactor]

The current situation was same during 2017 when ICO publicity the crypto market the main distinction was this institutional Investors as of now enter right now that make an enormous help on the cost. I comprehend what you are attempting to say however we ought to make new brokers to be clear of what we are talking about for them not to commit error.

[South Park]

The best entry point is right now. It's too risky to wait for a possible dip in 2023 to start investing. Many people are always looking for the perfect bottom to finally purchase their first amount of bitcoin, but they are never able to do this, because bitcoin is never cheap enough for them and when they least expect, bitcoin enters a bull market again, so it's too late to invest.

Anyway, every investors should be prepared to start seeing profit in few years in worse case.

Unfortunately people think that patience in the market is only for selling and not for buying. If you do not wait, there is a good chance you could miss an opportunity that could be better.

Which is a shame because most of the time you can tell if a person will obtain profits or not based on the price at which they entered the market, after all someone that invested in bitcoin when its price was at its ATH will have a lot of problems holding their coins and will at some point sell for a bad price and lose money in the process, while someone that waited for the dip will without a doubt have an easier time holding their coins and be in profits almost immediately, so they will be able to hold their coins for the long term without any problem.

[stomachgrowls]

Before you start trading you must gain knowledge from different sources or you may face huge losses at any time. Moreover, you will not be able to trade due to excessive greed, otherwise you will face huge losses. Don't trade outside of your budget.

No one starts on being a pro which its understandable that mistakes would really be normal but its true that we should really be learning from it instead on quitting or being discouraged just because you

had lost money which it is really just normal and you would be basically be learning off things on dealing or engaging with it.The next time you do encounter it off again then you do already have the idea
and awareness on what you should gonna do even though this market is unpredictable but handling it out and have some  idea on what to do is a must.Lessen out the risk as much as you could
and mind off on how you would gonna sustain yourself is the most important thing.

[jaberwock]

No one starts on being a pro which its understandable that mistakes would really be normal but its true that we should really be learning from it instead on quitting or being discouraged just because you

had lost money which it is really just normal and you would be basically be learning off things on dealing or engaging with it.The next time you do encounter it off again then you do already have the idea
and awareness on what you should gonna do even though this market is unpredictable but handling it out and have some  idea on what to do is a must.Lessen out the risk as much as you could
and mind off on how you would gonna sustain yourself is the most important thing.

Well if they have a passion or interest in trading, they will take losses as a compliment to challenge their selves to become better at it but for someone that tries trading only because they hear that trading can give you a good income, they are the ones that will easily quit once they lose on their first few tries. Not only that but they will also blame and say that people that encourage them to trade are liars.

@OP, it looks like your predictions are wrong for this current year. Sure prices are dumping at the first few months but not anymore. Prices now are preparing for a bullish run. We don't know yet what can happen next year but 2024 is likely a bull since there's a halving.

[xSkylarx]

No one starts on being a pro which its understandable that mistakes would really be normal but its true that we should really be learning from it instead on quitting or being discouraged just because you

had lost money which it is really just normal and you would be basically be learning off things on dealing or engaging with it.The next time you do encounter it off again then you do already have the idea
and awareness on what you should gonna do even though this market is unpredictable but handling it out and have some  idea on what to do is a must.Lessen out the risk as much as you could
and mind off on how you would gonna sustain yourself is the most important thing.

Well if they have a passion or interest in trading, they will take losses as a compliment to challenge their selves to become better at it but for someone that tries trading only because they hear that trading can give you a good income, they are the ones that will easily quit once they lose on their first few tries. Not only that but they will also blame and say that people that encourage them to trade are liars.

@OP, it looks like your predictions are wrong for this current year. Sure prices are dumping at the first few months but not anymore. Prices now are preparing for a bullish run. We don't know yet what can happen next year but 2024 is likely a bull since there's a halving.

Agreed, and the majority of people who lose their money are those who want to earn money quickly and without exerting any effort, such as by not learning something about trading. Since losses are not appealing, I do not consider them to be a compliment at all. Instead, I consider them to be a form of learning breakthrough, because they allow you to ask yourself why a trade is not working. I understand that you cannot predict every movement of the chart, but there are reasons for this, such as when there is new news that affects the markets. This is the most exciting part for new traders because this is the stage at which a large number of people give up.

[Munir575]

I joined cryptocurrency because i see alot pf people making money out of it and i wanted to make some money for myself, without any serious knowledge of it i decided to join and bought some few coins, i didn't understand bearish and bullish period in crypto so entered at the wrong time and i hardly make profit for myself and ever since i started bitcoin has not been doing good. I guess i have to wait till 2024 now if thats the trend.

[ItsCrafty]

Simply stop day-trading, or any more active form of trading. Preserve your capital and wait for the market to be in the same situation like 2020 again, when investors were excited to throw their money in crypto. The market narrative has changed, people are not as excited. The market has always followed a bull - bear cycle. Save your money, and wait for the next opportunity.

2022 - It might be a bear market.
2023 - It might be the next opportunity to buy the Bitcoin DIP.
2024 - It might be the new BULL MARKET.

Its very long term profit and nkt Guaranteed. Every week Bitcoin showing bull and bear and once cam get profit weekly if have a knowledge of reading graph.
As your mention yearly market condition, ine would wait 4 year to get profit and its not sound good.
April is looking bullish and Daytrader and Holders can get profit from market.

[AicecreaME]

I agree.

Market right now is somehow unpredictable, it seems that it is a bearish one but sometimes it looks like it's a bullish one. Trading right now is really not that easy, I guess for newbies and amateur traders that just started trading. I get your point as well, maybe sticking to stock trading right now is a good idea or not, but at least it's much safer.

[sulendra12]

The thing is that you can just hold Bitcoin as long as you want, but still Bitcoin is some sort of currency and you might need to buy something with that Bitcoin in the future, it's not that they don't want to HODL but the economy of some people are different and it could affect their trading performance as well. We just can't generalize everyone here, every people have their own issue with hodling Bitcoin as long as they want.