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Author Topic: Is it too late for newbies?  (Read 754 times)
SOKO-DEKE
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June 23, 2023, 04:13:24 PM
 #21



Is it the right time to invest in Bitcoin?

Yes, it is always right time to invest; in fact, I don't think that time is coming when it will not be the right time to invest in Bitcoin again because of its nature of volatility,so far people will keep making uses of Bitcoin. meaning that the Bitcoin price will continue fluctuating and can never remain stable, so even if the price of 1 BTC reaches $500k or more, that doesn't mean it not the right time to invest because of it volatile.

Op I can see that many forum members have provided you with links of some materials, as you requested for.It will be very helpful if you can go through them one after the other. and I believe that when you read the articles carefully, you will find the reason why everyone in the forum are telling you it is always the right time to invest and also others useful things you suppose to be aware as new investors.

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June 23, 2023, 05:09:11 PM
 #22

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...
The best time to invest in bitcoin is when you first learned/heard about bitcoin.

The easiest and shortest path to knowledge is far from the best. I mean, don't look for quick and easy ways, especially when it comes to investing. Otherwise, haste can cost you dearly. Here it is better to study everything carefully and thoroughly.

Asking for resources? You are already in the right place - just find and read this forum.

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June 23, 2023, 05:21:08 PM
 #23

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?


This platform is an excellent information platform for newbies. Of course there are many experienced people here but with time you will also get experience. You will have a lot to learn from the experienced people here.

I think it was a great time to enter when Bitcoin dropped below $25k a few days ago. Bitcoin is currently trading above $30,000.Even at this price, investing in Bitcoin will prove profitable for the future. The bull season has not yet started. So I think this is not a bad time to invest in Bitcoin. The price of Bitcoin may fall again, but an entry can be taken at the current price.


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June 23, 2023, 06:02:07 PM
 #24

Just the same advice that rather then asking is this right time to invest just do it if you wish to do so because nobody can tell you what's the right time as we can't predict future with crystal ball in our hands.You are newbie but ask some questions to yourself that are you willing to invest, have knowledge about bitcoin working and investment risks associated with it then make your decision.After that take security measures like keeping them in your custody rather then any CEX so electrum is good option but don't ask is this right time to Invest because you will end up eventually wasting time on it as others do waiting for right time.When you invest that's the right time so understand the difference between both statements.

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June 23, 2023, 06:15:55 PM
 #25


Is it the right time to invest in Bitcoin?


Yes! No! Who knows!? Those are the answers you are likely to get from some people, maybe on the forum or outside this forum. But one thing you must know is that Bitcoin will still cover another all-time high apart from the last ATH of 2021, and the question is, "Are you ready to buy now and hold until another ATH comes?" Well, you can begin to accumulate Bitcoin now using the DCA strategy, but know that the Bitcoin price is always volatile, and we also have the bear market when the price can be very low. So, if you are buying your Bitcoin anytime (either now or leta), always have the strong will to hold it and never sell it off due to fear of losing your capital or panic because of the price volatility. If you must know, during the last ATH of Bitcoin, there were people who bought Bitcoin at $50k, some at $67k, with the thought that it would reach $100k, but it did not. I believe some of those people are still holding their coins till now, while some of them also sold out of panic.



Cheers 🥂, Dr.Bitcoin_Strange 👺👺

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June 23, 2023, 06:27:41 PM
 #26

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 do you mean by too late precisely ? It's never too late to start to use BTC. But if you want to "invest" in Bitcoin in order to try to make some profits, I wouldn't say it's the right time because there is no "right time" to gamble. If you like gambling it's always a good time, if you can't bear it, it's never the right one. So if you are a beginner, and you don't like to gamble your money, I would advise you to start learning and using Bitcoin before "investing" large amounts.

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June 23, 2023, 06:28:39 PM
 #27

OP, going by your topic as stated, it is never to late to invest in bitcoin and it is never too late to be here as a member of the bitcointalk platform. We are still at the adopters stage but most early adopters must have benefited hugely from their positions in getting to know and hear about the bit early enough.

For your lessons on bitcoin, I strongly believe that some links as earlier posted by members would be of help to you as you inquire to know more about bitcoin.

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June 23, 2023, 06:30:25 PM
 #28

Welcome to Bitcointalk forum mate. Honestly, you're not the only one who asked that question but also other newbies ask that same question if is it too late to invest in Bitcoin or not. Actually, even though you just found out or know about Bitcoin but you can still invest in Bitcoin. The question is, will you invest?, What wallet should I use to store my Bitcoin safely.

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June 23, 2023, 06:39:51 PM
 #29

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.
First of all let me welcome you to bitcointalk, secondly when it comes to asking questions all you need to do is to be straightforward in your use pf words amd even though it may look illogical to some, you will see others who understand it and will replie with their suggestions amd advice if need be.


So all you need to do is to be an active readers so as to make good use of everyone comments.
Quote
Is it the right time to invest in Bitcoin?
The question you should ask is if it possible to know what exact good time to buy bitcoin, and the answer is to buy when the price of bitcoin is low and at a discounted price.


Quote
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 most shortly and simply?
If you have any success stories you would like to share, I would be very grateful if I could benefit from them as well...
Thank goodness you are here in the forum and as time goes on you will come to terms with the happening around cryptocurrencies, just like I mentioned before, all you need to do is to be an active reader and in no time you will be well informed in that regard.

R


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June 23, 2023, 06:44:43 PM
 #30

Hey mate! If you really want to succeed in bitcoin, just read posts in the forum and also yes the search engine of google. You can also narrow your question back to bitcointalk. Like example. What is bitcoin in bitcointalk.org. like this the question will be redirected back to the forum and it will show you all the topics that discuss about bitcoin.

The time to buy has no particular time. Whenever you are ready you can buy bitcoin.









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June 27, 2023, 12:47:10 PM
 #31



"If you log on to this forum just to ask a question like "Is this the right time to invest in Bitcoin?" Actually you can just ask a question like that to your friends who are talking about cryptocurrency. But it doesn't matter if you want to ask here because this is a very common discussion forum for everyone and at this point I will give the answer "YES" now is a very good time to invest in Bitcoin. "

Unlike my friends, who just talk without knowing much, I decided to ask in this forum because I thought the people here would be more experienced and could provide better advice. I have a lot of respect for the opinions of those who have more knowledge than me. Thank you!
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June 27, 2023, 01:19:55 PM
 #32

What do you mean by too late precisely ? It's never too late to start to use BTC. But if you want to "invest" in Bitcoin in order to try to make some profits, I wouldn't say it's the right time because there is no "right time" to gamble. If you like gambling it's always a good time, if you can't bear it, it's never the right one. So if you are a beginner, and you don't like to gamble your money, I would advise you to start learning and using Bitcoin before "investing" large amounts.

Maybe they know the history of Bitcoin. So they kind of regret not buying in the first place. Actually, I agree with you, nothing is too late. The best thing is to take advantage of the opportunities that exist by continuing to learn Bitcoin investment techniques. Learn to take advantage of circumstances to seek profit with the trading features that exist today. Maybe for those who regret never felt how the process went through to get to this point. I've probably been a beginner, I've also thought as written, like that's natural. You just need to be sure to move forward or not at all.

R


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June 27, 2023, 01:20:21 PM
 #33

That's a really common question that comes up nowadays. I think the question answer still the same. A BIG YES!

Investing your time and money in Bitcoin can be a really smart move. While the overall sentiment still in favor traditional money, lot's of opportunities still left. Of course, you don't have to take my word for it because there's lots of information out there for you to explore on your own. Take some time to do your research, and ultimately you'll be able to judge for yourself whether Bitcoin is the right investment choice for you or not.

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June 28, 2023, 04:19:55 PM
 #34

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?
This question has been countless times and it's okay to ask anyway and to get clarity and I will ask you look at it this way....you know how we have the internet...in some parts of the world do not have it but should the internet not reach such people because they have been left behind Huh NO! People might have got on early with crypto but you can still get on board and use it for different reasons, be it investments, be it a form of money or whatever it is you want from It.


All my friends are talking about cryptocurrencies, but I still can't wrap my head around it.
Slow but steady wins the race, don't rush.

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?
I would suggest you start with YouTube as we have several interesting channels that help simplify this and BTW don't worry too much about the experience, we all started from there Smiley

R


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June 28, 2023, 04:25:45 PM
 #35

I think now is the right time to invest in bitcoin
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June 28, 2023, 04:26:51 PM
 #36

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...

This question is very subjective and varies based on your preference. Everyone will suggest you that anytime is the right time to invest on Bitcoin since everyone here is an investors and we want new users to be part of our family but if this not a good idea for you if you are not ready to embrace risk involved on crypto.

Ask yourself this, Are you willing to invest money that you can afford to lose? Bitcoin is volatile which means you can lose significant amount of your investment if the price slide as you can see on the price chart when Bitcoin dump from ATH. Invest only if you can accept this kind of risk or else stop being pressured to invest if you really doesn’t like risk. We have different risk appetite and Bitcoin might not suitable for you. This question of yours can only be answered by you.

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June 28, 2023, 04:34:19 PM
 #37

there are a lot of ways to get money with bitcoin now
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June 28, 2023, 04:42:11 PM
 #38

the worth of bitcoin has gone up in the last few days
Fiatless
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June 28, 2023, 07:50:23 PM
 #39

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...
I knew little or nothing about Bitcoin when I also joined the community. But I had to invest time to read about Bitcoin in this forum. There is virtually nothing about Bitcoin that has not been discussed here and new topics are also added every day. Reading posts and asking questions is the pathway of learning in this forum. For now, don't focus on writing posts but channel your effort to reading.

Other materials on the internet can also help to build your knowledge about Bitcoin. You can find them on YouTube and some other trusted websites. But don't just accept what you learn from social media because some of them are not truthful, so it is important to always check the authenticity of the information before you believe and apply them. Videos can help you understand the concept of cryptocurrencies fast but you should also know that learning takes time and dedication and there is no shortcut to learning. You are welcome to the form.

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June 28, 2023, 08:28:13 PM
Merited by Salahmu (2)
 #40

I would like to think bitcoin can still be categorized to be in its early stages looking at the potential it will inquire in the coming years. Bitcoin is an asset everyone would love to buy and now is definitely not late to do so, the market is just trying to recover from it bearish trend it experience last year which makes it an ideal time to buy bitcoin but the issue with anyone who bought bitcoin is the capability for he or she to hold the BTC because holding your BTC for a long term investment is probably best and most profitable way to enquire tangible profits.

R


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