Is it too late for newbies?

[Sanitough]

Hello guys,
I'm happy to be part of this community, and so far I've realized that everyone is more experienced than me, so I don't know how logical it is to ask this question, but I'll ask it anyway.

Is it the right time to invest in Bitcoin?

All my friends are talking about cryptocurrencies, but I still can't wrap my head around it. What would you recommend for someone who has no previous experience? Do any of you have resources that you can recommend to me that will explain cryptocurrencies in the shortest and most simple way?
If you have any success stories you would like to share, I would be very grateful if I could benefit from them as well...

Know that those who became experienced and skilled investors by now have started from scratch but they chose to educate theirselves and take the risk. And now everything has paid off. So it might also happen for you if you start to be fearless and start taking risk from investing because you will never achieve something big in your life if you stay hesitant and fearful all the time.

Now is the right time to invest as there’s no late from bitcoin investment. You can start to educate yourself and do your own diligence to study the forum before you decide to invest and risk some funds.

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[rby]

Is it the right time to invest in Bitcoin?

Forget about time problems - but maximize your opportunities. You know you didn't come at a time when the bitcoin price was lower than $1000 - but you did come at a time when the bitcoin price was above $30k. But know that was only a very low price compared to its all-time high.

Many newcomers measure the price of bitcoin from present to 0. What I meant is, they measure it from $30k down to when it was worth $1. They will be like, I wish I met bitcoin at price $10, $100, $1000 etc.

Little did they know they were supposed to measure the present price with respect to the ATH. That is to say, if bitcoin is today at $30 and the ATH was $69k. This means they have the opportunity to make 100% gain and above.

[$crypto$]

Is it the right time to invest in Bitcoin?

Everyone will say - YES.

All my friends are talking about cryptocurrencies, but I still can't wrap my head around it. What would you recommend for someone who has no previous experience? Do any of you have resources that you can recommend to me that will explain cryptocurrencies in the shortest and most simple way?
If you have any success stories you would like to share, I would be very grateful if I could benefit from them as well...

Have you ever read an article about explaining bitcoin and others? You can also find some threads in this forum about explaining it in even very simple some people have shared this article, just study it, I'm sure one day you will understand the concept.
Or you can ask your friend about crypto, maybe he will help you in guiding in his understanding, and here are two articles that you might be able to see.

[1] https://learnmeabitcoin.com/
[2] https://www.nerdwallet.com/article/investing/what-is-bitcoin

[Fuso.hp]

Is it the right time to invest in Bitcoin?

After a long period of stable Bitcoin price between $24K and $25K, the market has finally moved up the market has crossed $31K. 
At the moment, the price of Bitcoin has been hovering between $30K and $31 for a few days. Right now it is not clear which direction the market may go. Generally, from such a situation, the market is as likely to go down as it is to go up. But at the moment the market is slightly more likely to move upwards. Given the current market conditions, this is also a good time to invest in Bitcoin. If you want to invest, you can invest in Bitcoin by observing the market for a few days.

[Rockstarguy]

Is it the right time to invest in Bitcoin?

After a long period of stable Bitcoin price between $24K and $25K, the market has finally moved up the market has crossed $31K. 
At the moment, the price of Bitcoin has been hovering between $30K and $31 for a few days. Right now it is not clear which direction the market may go. Generally, from such a situation, the market is as likely to go down as it is to go up. But at the moment the market is slightly more likely to move upwards. Given the current market conditions, this is also a good time to invest in Bitcoin. If you want to invest, you can invest in Bitcoin by observing the market for a few days.

I believe the price of the market will stil keep increasing , to buy bitcoin with the current price is not bad  expecially if the buying Bitcoin will be  a long-term investment.  I believe Bitcoin still have a long way to go to get to the bull market.  The price  of bitcoin is still affordable for people to invest. It is still a good time to invest for those who are ready to hodl, but can be a bad one for those who just want make profit so quickly.  The  market is unpredictable,  it is better  to invest without having target of specific time to make profit.

[Maslate]

Hello guys,
I'm happy to be part of this community, and so far I've realized that everyone is more experienced than me, so I don't know how logical it is to ask this question, but I'll ask it anyway.

Is it the right time to invest in Bitcoin?

All my friends are talking about cryptocurrencies, but I still can't wrap my head around it. What would you recommend for someone who has no previous experience? Do any of you have resources that you can recommend to me that will explain cryptocurrencies in the shortest and most simple way?
If you have any success stories you would like to share, I would be very grateful if I could benefit from them as well...

No worries, you’ll eventually get there in the right time. For now, focus on the forum because that’s the best avenue I think where you can get maximum knowledge about bitcoin and the cryptocurrency market. Also, you can check some of reliable youtube videos about bitcoin, and scroll the internet for free. Do not be too serious but just enjoy your stay in the forum. You’ll have your own successful story with bitcoin in the end so just trust the process.

[Ricardo11]

All my friends are talking about cryptocurrencies, but I still can't wrap my head around it. What would you recommend for someone who has no previous experience? Do any of you have resources that you can recommend to me that will explain cryptocurrencies in the shortest and most simple way?
[/quote]
First, make yourself interested in gaining knowledge about trading. And know all about trading. Do detailed research on the profit and loss of trading market. To become a successful trader, make a proper trading plan and research the trading market, find a specific time to trade and trade at the right time. And trade by consulting a trading expert before trading. In this you can achieve success from trading. And in this you can become a successful trader.

[Asuspawer09]

Hello guys,
I'm happy to be part of this community, and so far I've realized that everyone is more experienced than me, so I don't know how logical it is to ask this question, but I'll ask it anyway.

Is it the right time to invest in Bitcoin?

All my friends are talking about cryptocurrencies, but I still can't wrap my head around it. What would you recommend for someone who has no previous experience? Do any of you have resources that you can recommend to me that will explain cryptocurrencies in the shortest and most simple way?
If you have any success stories you would like to share, I would be very grateful if I could benefit from them as well...

Its never too late to learn, and even though you think that you already learn a lot there is still a lot that you need to learn, so don't be afraid to be late, because if there was no one in front of you that might be a bad thing since you might not do it because there was nothing to catch up, if you see most of the people are in front of you you will be motivated to learn and catch up with them. I mean its never too late, newbies this day will be the future of this forum, a lot of experienced members here or legendary members are already old at some point their accounts will not be active anymore, so newbies are needed here in the forum as well as in the cryptocurrency space.

What matters here is to start your journey already it doesnt really matter if you are late there is still plenty of opportunity to invest in Bitcoin, yes there are some lucky people who bought Bitcoin back in the day that is already successful and rich this day, but there are only a few people, if you started investing already you might be next one to make a good amount of profit.

[ScamViruS]

It's not too late to learn about Bitcoin. Maximum people in the world still don't know about Bitcoin, with time they came to know about Bitcoin and started learning what Bitcoin is actually. So it's not too late for you, you're still ahead of most people to learn about Bitcoin. Any person can learn quickly about any subject if he is interested in researching, so you have to create interest in researching.
Community members have already given you links to important threads to learn about Bitcoin. So start reading those threads, so that you realize that you have not started learning too late.

[macson]

Hello guys,
I'm happy to be part of this community, and so far I've realized that everyone is more experienced than me, so I don't know how logical it is to ask this question, but I'll ask it anyway.

Is it the right time to invest in Bitcoin?

All my friends are talking about cryptocurrencies, but I still can't wrap my head around it. What would you recommend for someone who has no previous experience? Do any of you have resources that you can recommend to me that will explain cryptocurrencies in the shortest and most simple way?
If you have any success stories you would like to share, I would be very grateful if I could benefit from them as well...

what kind of success story do you mean?  whether that story is like vitalik or CZ?

it is not easy to understand cryptocurrencies in detail when you are not ready to accept the change of mind you will experience, you will wonder how it can attract so many people to buy ^{(for example bitcoin and ETH)}

Cryptocurrencies, or cryptocurrencies in English, are digital or virtual forms of currency that use cryptographic technology to secure financial transactions, control the creation of new units, and verify asset transfers. Cryptocurrencies are not regulated or controlled by a central government authority such as a central bank.

in an article briefly explained what cryptocurrency is

but for more information about cryptocurrency ^{(about bitcoin or altcoins)} you can try to search for ticks on Google, there are already many answers that are definitely available, don't be lazy to find out and read.  always remember that it is not too late for beginners to invest in bitcoin.

[superman184]

First, make yourself interested in gaining knowledge about trading. And know all about trading. Do detailed research on the profit and loss of trading market. To become a successful trader, make a proper trading plan and research the trading market, find a specific time to trade and trade at the right time. And trade by consulting a trading expert before trading. In this you can achieve success from trading. And in this you can become a successful trader.

The steps you mentioned are indeed quite appropriate to be carried out by anyone who currently has a desire to learn about trading. But I think that the things you mentioned are not very easy things to do because apart from having to have enough time to do research on how to trade and how to understand the market, sometimes things don't go our way. So we can only rely more on ourselves even though we can ask the trading experts in the crypto space.

[_BlackStar]

It's not too late to learn about Bitcoin.

Even beginners are not too late to invest in it - unless they expect a low price.

Maximum people in the world still don't know about Bitcoin, with time they came to know about Bitcoin and started learning what Bitcoin is actually. So it's not too late for you, you're still ahead of most people to learn about Bitcoin. Any person can learn quickly about any subject if he is interested in researching, so you have to create interest in researching.
Community members have already given you links to important threads to learn about Bitcoin. So start reading those threads, so that you realize that you have not started learning too late.

It's never too late for a lesson plan - it's always open to everyone. Bitcoin also has not reached all of the world's population so it is still very possible for them not to know what bitcoin is and what it is used for. It's getting easier every day to get information and new things about bitcoin - but most beginners are not interested in the innovation, they are only interested in the potential that bitcoin generates as a profitable investment asset.

[nurilham]

I've realized that everyone is more experienced than me

Sure. Since you are a newbie, other members have more experience in this forum. But there are people who even don't know this forum. You're lucky that you join this forum finally. Anyway, everyone here also started from a newbie, so you don't need to feel hesitate to ask anything. Everyone must understand if you still don't know many things.  

Is it the right time to invest in Bitcoin?

It is always the right time to invest in Bitcoin, especially it is in the bearish season.
We are in the second year of bearish season, in theory it is the latest year before we are heading a bullish season. We still have some months to collect/buy crypto coins at cheap prices. So, whenever there is a dump in the prices of crypto coins, it is the best time to buy them.

What would you recommend for someone who has no previous experience?

You need to focus on learning. You can get the sources from the threads on this forum, read the articles, or watch the YT videos. You must improve your knowledge whether it is about crypto or about this forum as well. Don't be too obsessed with earning profits, don't hurry to buy crypto coins as many as possible. It is better to use small money only during you focus on learning.

[ololajulo]

Newcomers venturing into the realm of cryptocurrency need to exercise prudent risk management and maintain realistic expectations. It is equally crucial for them to comprehend the safety measures associated with their portfolio.

[Botnake]

Newbies are always welcome to enter into crypto investing but they should educate theirselves at first and learn to gain experiences first before they will go to the most exciting part of investing and reaping its future profits. That way, they will not be susceptible to losses like most of the newbies did, and they will never end up panicking due to lack of knowledge and experience in the crypto industry.

[ScamViruS]

~~

It's never too late for a lesson plan - it's always open to everyone. Bitcoin also has not reached all of the world's population so it is still very possible for them not to know what bitcoin is and what it is used for. It's getting easier every day to get information and new things about bitcoin - but most beginners are not interested in the innovation, they are only interested in the potential that bitcoin generates as a profitable investment asset.

Newbies tend to think of getting everything quickly, but if they patiently spend time learning about Bitcoin, they can get great results from Bitcoin. This forum is enough for a newbie to learn about Bitcoin to an expert level. Newbies think it's too late to learn about Bitcoin because they judge everything based on the market price.

But it is really important for them to know that this is just the beginning for Bitcoin, Bitcoin will go far which they can't imagine yet due to their lack of knowledge about Bitcoin.

[GeorgeJohn]

It's not too late to learn about Bitcoin. Maximum people in the world still don't know about Bitcoin, with time they came to know about Bitcoin and started learning what Bitcoin is actually. So it's not too late for you, you're still ahead of most people to learn about Bitcoin. Any person can learn quickly about any subject if he is interested in researching, so you have to create interest in researching.
Community members have already given you links to important threads to learn about Bitcoin. So start reading those threads, so that you realize that you have not started learning too late.

Your right their is no time you learn bitcoin that is against or late, because for the passed thirteen years now bitcoin have been existing I believe that the price of bitcoin always be on rotation so therefore nothing in bitcoin you can learn now that is not in Bitcoin before,  the only thing I will tell you concerning bitcoin is that during investment of Bitcoin it have a time for you to invest in bitcoin and make a profit its basically directly during the time of bearish

[Learn Bitcoin]

Is it the right time to invest in Bitcoin?

All my friends are talking about cryptocurrencies, but I still can't wrap my head around it. What would you recommend for someone who has no previous experience? Do any of you have resources that you can recommend to me that will explain cryptocurrencies in the shortest and most simple way?
If you have any success stories you would like to share, I would be very grateful if I could benefit from them as well...

While everyone suggesting you other sources to read. I find it boring to read long articles to learn something. Instead, I always try to see the summary before I read something. If I find it interesting, I try to read it in detail.

Back to your questions. Is it the right time to invest in Bitcoin?

I will say yes!
It's never let to invest in Bitcoin because we are still in the early stage (see the image below)

Keep stacking, we're still early.

As a beginner, you must know that all cryptocurrencies and Bitcoin are different. Bitcoin is decentralized; No one can control it. Most other altcoins are centralized. They can manipulate the price of the altcoins. You may learn in detail later.

For now, a few things are essential. When to buy? Where to store your Bitcoin?

When to buy?

It also depends on your target. You can buy bitcoin anytime, ignoring the market price, if you want to follow DCA (Dollar cost average) method to buy bitcoin. You will buy a portion of Bitcoin weekly and accumulate it for a few weeks.

If the market is high, buy less bitcoin.
If the market is low, buy more Bitcoin.
Never sell your bitcoin below the buying price.

Do not invest money you might need to cash out recently. Bitcoin is volatile. Sometimes it may go lower than your buying price. You will be an unrealized loss at that time. These are the basics to buy and accumulate your Bitcoin. You don't have to learn everything in a week.

Where to store your Bitcoin?

I assume you will buy Bitcoin to hold it for a long time. If you have a hardware wallet, use it to store your Bitcoin. Choose a non-custodial wallet if you do not have a hardware wallet. My best choice is Electrum. It's available for Pc and smartphones. Never store your Bitcoin in exchanges. Do not share your private key with anyone. Do not keep your private key online. Losing your private key means losing your Bitcoin.

[usermat]

As newbies we have to be updated on all these technological and financial developments, that this digital age brings and remain attentive to its use, so as its use widens, I think it's not too late.

[HajiBagi]

I don't believe anyone who joins this forum is too late; the forum is a place where you can learn a lot of things before beginning to invest your money in bitcoin. First of all, welcome to the forum where you will learn more about cryptocurrencies; however, as a newbie, you must have patience because without it, I don't think you belong here. Additionally, now is the perfect time for you to invest in bitcoin, and I'm confident you won't regret it.

But the best piece of advice I can give you is that joining a forum does not ensure that you will succeed quickly or that you will be wealthy. I think you will see many of your friends enjoying their investments when they make money after selling their coins, but it's also important to keep in mind that cryptocurrency has both positive and negative aspects. The positive aspect of it is when the price rises and you sell it with a smile on your face, and the negative aspect is when the price drops.