Is it too late for newbies?

[Z390]

Every resources that anyone could ever wanted about crypto is available online, you don't need anyone to teach you about anything, the answers are available online.

Now is one of the best times to invest in Bitcoin or crypto, but I know that many people will only decide to invest in crypto after there is a pump going on, people prefer to FOMO into something that's already pumping compared to those that are already in the market when there was no pump, and such investors always make the best profits.

If you want the best gains now is the best time to start investing into crypto and do not invest more than you can afford to lose, buy what you can and hold for future possible pumps.

[1714798630]

1714798630

[summonerrk]

It is never difficult to enter the cryptocurrency world. Of course, all newcomers experience a huge sense of lost profits, but this needs to be accepted and experienced. Yes, generous bounties have passed, and the price of bitcoin will never fall below 7k (according to my personal technical analysis), but there will still be a lot of different cryptocurrency topics where you can earn a lot. For example, if we consider the simplest thing - trading, then you can simply place pending orders and wait for the BTS to fall. Here is my chart where I showed how the price can behave.
And it's quite real!
You just need to be able to wait, and any beginner will be able to make money on it. And this motivates him to learn more about cryptocurrencies and make money here.

[Salahmu]

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.

I agree with you. That's why me I always says no time is ever too late for someone, the moment you realize the opportunity you have missed in the past and you call your self to other. Steps taken from that time will never be considered as a late step but as the right step towards achieving something grate.

Bitcoin no matter how high the origen will be it is not to be considered to be too late to join and accumulate, knowing the fact that todays price might turns out to be a reference so buying now will make the person be part of the people that will be celebrating in the next bull run.

[lixer]

Considering the market right now, I would say wait for some time to invest because the market may go down again. In less than a week, the Bitcoin market has increased to about $5000. If the market can maintain this value, then there is a possibility that the market will increase further. Basically, we should wait for some time to understand the market condition. Because if we invest during this bullish period and after investing we may lose by investing if the price of Bitcoin falls.

There is basically no perfect time to enter the market, we can't know what exactly will happen next, all we do is speculate and wait to see what will happen, even professional traders can't be sure about the next moves of the market, and it can always go against the predictions of the people no matter what kind of tools, analysis, charts, and patterns they've used to make their predictions and that's because the cryptocurrency market is basically unpredictable.

The best way to enter the market is to start doing DCA which means not to buy with everything you have at once. Since we don't know where the market might be headed after this, we should buy only a portion and then wait for a movement, if it starts going up, we should wait, and as soon as it starts going down, we should keep buying after specific intervals.

[Jon_Hodl]

Welcome to Bitcoin Talk! We are glad to have you.

To answer your question as bluntly as possible, the answer is no, it's not too late for newbies to get into Bitcoin. While there are absolutely some learning curves, just take your time and learn at your own pace. Luckily for you, there are more educational content and resources than ever before.

If you are just looking for a simple way to learn, I would focus your efforts on getting your first sats (the smallest unit of bitcoin) and learning how to send/receive bitcoin, and how to secure your seed phrase. Once you learn those basics, you can stack more sats (slang for get more bitcoin) as you continue to learn more about bitcoin and how it all works. It's an amazing journey that is sure to teach you a lot about what you value the most in life.

Again, welcome to Bitcoin Talk. The more bitcoiners around the world, the better off we all are as a network.

[letteredhub]

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?

It is literally wrong to think that there was a right time to have invested in bitcoin, and so therefore maybe now or tomorrow may not have been the right time. The truth is, from when you heard about bitcoin and decided to engage in it that was your own right time. What really matters is how we invest which is predominantly predicated on our knowledge about cryptocurrency.

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 are your friends really talking about concerning cryptocurrency that you can't yet wrap your head around? Except maybe they're introducing it to you in a technical and higher level against the background level of a newbie.  Take out time to consume the resources that have been provided for your benefit some of the forum members. And don't be in a haste to trade or invest, there's always time to invest but this time at this stage for you all you need is learning. Welcome to BTT.

[_BlackStar]

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.

You are not too late - rest assured. Check CMC - see where the current bitcoin price is, if you are sure you want to invest then do so now and hold for the long term. But before you jump to conclusions - the best advice is to do some analysis and consider it at your own risk.

[Peanutswar]

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...

For the newbies, i guess its ideal and easy way to understand is with the using of the rainbow chart of the bitcoin, every time halving comes the price of the bitcoin goes up basically, this is how this easily understand but if you want to know what is the specific time frame, and ideal date to trade to buy is no one knows but you can get an idea when it comes with the use of the technical indicators this serves you as a guide to your investment to buy or to sell. Ideal for newbies is to know how the market move so you can analyze at your own and not be dependent with the signals of other people to prevent blames and regrets at your side.

[CryptopreneurBrainboss]

There is basically no perfect time to enter the market, we can't know what exactly will happen next, all we do is speculate and wait to see what will happen, even professional traders can't be sure about the next moves of the market, and it can always go against the predictions of the people no matter what kind of tools, analysis, charts, and patterns they've used to make their predictions and that's because the cryptocurrency market is basically unpredictable.

Whenever you have your money to invest in Bitcoin you can go ahead to invest but you don't have to be brother about the short term profits the market can give you and be only interested in the long term goal. If you're investing to make profit in the next few months then you should do your research properly before investing but if you're not bothered about what the market might do in the short timeframe the you can invest anytime without looking at what's likely to happen to the market. As a newbie just entering the industry, I think it's fair you invest for the future and not short terms.

We shouldn't be trying to time the market but just invest and keep on holding. Profits aren't made when you enter the market but when you have to be patience and keep holding unto your investment that's when the profits are made. Some people buy Bitcoin at the perfect time (let say before it starts increasing in value) but why they don't make good amount of profits is because they don't have patience and too in a rush to want to sell their Bitcoin. Which they do and begin to regret when Bitcoin is reaching new all time highs.

[Kelvinid]

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...

Everything you know about Bitcoin or about crypto investment can be found already on the internet or in the forum. What you gonna need is to spend more time searching for it. As you have said, your friends are talking about crypto, why not ask them instead of looking for someone? In fact, it was best to engage with them as they already have experience and you can reach them anytime if you have questions.

And in regard to success stories, all doesn't come easy and fast. Some become rich but some also fail, and the is because it depends on how you manage your investment.

[phuhuyxyz]

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...

As the crypto market shows signs of warming up, many are intent on starting to get in or getting back in. You should consider before deciding in this market with many opportunities but also potential risks...
Things to know before entering the cryptocurrency market right now. The market has no shortage of money-making opportunities. First, however, participants need to find out if working in the crypto industry is right for them:
1. Potential of the cryptocurrency market: cryptocurrency has been around for more than ten years and has been popular for more than ten years and has many earning opportunities such as investing in potential coins, mining coins and reselling them on exchanges. transaction,...
2. Is it easy to make money from the market?
In fact, cryptocurrency is a rather difficult place to make money. There are many people trying to get into this field, but only a few can succeed. If you want to make money with cryptocurrencies, you must always be quick in all trading decisions, but to do this you will have to learn a lot and always have to keep your spirits up when the money goes down.
3. Risks
Like every other new industry, the cryptocurrency market is also full of risks to watch out for.
The risk of losing money, something obvious but always mentioned. You need to accept a fact before participating in this market that the value of money going up can change your life overnight, but it can also make you empty-handed when the money flow goes down. In addition, you can also lose money because a scam company or the company you invest in is forced to stop doing business. Once these companies stop working, they will stop the withdrawal feature, then it will be very difficult for you to get your money back.

[Mpamaegbu]

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.

Well, for the sake of artificial humility we could accept you saying that everyone here is more experienced than you're but in the real sense it's not that way. You could still be more experienced and logical than some high ranked members who aren't asking this same question for fear of being thought inexperienced.

Is it the right time to invest in Bitcoin?

I ain't sure there's any other time that will be better than now. This is putting into consideration the fact that next year is Bitcoin halving year and the expectation is that a bull rally will be imminent. Already, we feel that surge coming on even before 2024. Buy now and stop dilly-dallying on it. However, make sure it's the amount you won't miss you're putting into such investment.

[dderekwalcott]

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 also want to share my thoughts here and let you know who inspired me to learn about crypto blockchain technology.My roommate share a wonderful experiences with me and then i inspired from him and now you know the result and for this reason i am a member of this forum.You are going to listen the story with my friend's mouth now.  
"The incident happened recently with my friend and me. Me and my friend walk every afternoon. Walk every afternoon and sit at a tea shop to rest for a while. One day, seeing the shop closed, I walked some distance ahead and went to another small tea shop.I saw an old lady and boy in that shop, the boy was serving biscuits and other things.I asked the boy's name and age and found out he was just 12.I was discussing cryptocurrency and trading with my friend and asking that boy bring coffee and bread for us.During the discussion I suddenly noticed that the boy was standing behind us and was listening to us with interest. When I asked the boy is the coffee was done or not he said "Sir it will be done in two minutes" I ordered him again two coffees for us fast.After two minutes the boy brought the coffee and surprisingly he brought coffee decorations with the image of Bitcoin. Me and my friend looked at the coffee for some time in wonder.Seeing me looking at the coffee for a while, my friend asked the boy how he did it. Me and my friend were more surprised when the boy said that "Sir I know what Bitcoin is and I save some of my profits from this store to invest in Bitcoin and for my future so that I can make the shop bigger and built a new coffee shop. we ware really surprised to hear the guy and tipped him extra and left the Tea shop for the day."
This is really a wonderful story which happened with my roommate and his friend.Everyone should take inspiration from this real experience.

[Halime Anatolia]

Yes. never too late there is always a good time and opportunity to learn and enter the market. only the timing is different. For now, if you enter the market, it might be more profitable because the market is still very kind and the prices are very affordable. if you enter 2024, it could be that the market is already somewhere else and the price might have all gone up because BTC is predicted to go to such and such prices..

[YOSHIE]

Is it the right time to invest in Bitcoin?

If you ask me, of course the answer I will answer is: it's never too late to invest in Crypto.

You still have a lot of time and opportunity to do it, from some of the data that I have seen, the current crypto market has not surged as many people expect, meaning: you have many opportunities to start now, the point is: you have a target to plan to invest in a certain time, a lot of what we have seen at this time, now is the right time to invest, if they think for the next 1-2 years.

Investment is done on the basis of belief and will, if you are sure to do it and if you are not sure to back down, the investment is really born from a clear mind, without doubt.

[BITCOIN4X]

Yes. never too late there is always a good time and opportunity to learn and enter the market. only the timing is different. For now, if you enter the market, it might be more profitable because the market is still very kind and the prices are very affordable. if you enter 2024, it could be that the market is already somewhere else and the price might have all gone up because BTC is predicted to go to such and such prices..

The OP knows he has missed many opportunities to buy as low as the initial investors but of course if he expects that time to repeat then impossible is the answer. Of course he could buy now, but he shouldn't just buy with 100% of his budget. DCA can help him accumulate his assets at each correction low, that's much better than expecting prices to drop lower like the past.

[Forever101]

Patience and commitment is the mother of investment strategy, I do not think there is any need to be in a hurry to invest, there are lots of things to learn so that you won't be confuse, it actually takes time to comprehend Cryptocurrency stuff , so you have to be patient. Sometimes, reading articles online may look so confusing because of the terminology used, however as you continue interacting with bitcoins Information and continuously learning from this forum , can speed up your understanding about the Bitcoin of a thing.

After understanding of bitcoins comes Decentralized and centralized exchange, how to use them, how to secure your wallet and private keys, avoid scams . You will also learn how to convert and transfer bitcoins. This and many more you will get know in Patience and commitment. The profit is not the number one thing, the process is the first thing to consider.

It's another thing to invest, it is also another thing to know when to expect profit and how to balance your life activities around your investment to avoid high blood pressure.

[348Judah]

Is it the right time to invest in Bitcoin?

It's not due yet for an investment opportunity, what if you're chanced to decided on what to do today, make the choice to invest in bitcoin and hodl because we are still under the bear season and the market will soon begin to surge, while you're yet to make that decision to invest, you can start by learning, no knowledge is a waste, cryptocurrency is very broad and same also is bitcoin, but we can begin somewhere.

Do any of you have resources that you can recommend to me that will explain cryptocurrencies in the shortest and most simple way?

The forum here is more than enough in this regard

Maybe you should learn to be active and get used to the boards each, try to understand what the discussion is all about and make further inquiries on the internet on aspect you seems not to have understood well, make use of the forum's search button, post on beginners and help section, ask questions there and learn from the members reply on related threads you could find of much concerns to you and keep learning.

[CarnagexD]

Yes. never too late there is always a good time and opportunity to learn and enter the market. only the timing is different. For now, if you enter the market, it might be more profitable because the market is still very kind and the prices are very affordable. if you enter 2024, it could be that the market is already somewhere else and the price might have all gone up because BTC is predicted to go to such and such prices..

The OP knows he has missed many opportunities to buy as low as the initial investors but of course if he expects that time to repeat then impossible is the answer. Of course he could buy now, but he shouldn't just buy with 100% of his budget. DCA can help him accumulate his assets at each correction low, that's much better than expecting prices to drop lower like the past.

That is true. However, with financial markets and trading, there are unlimited opportunities day in and day out. So as a newbie, the best thing you can do is to not get overwhelmed by an overload of information because there is an overload of information. Study at your own phase. Take risks in your own regard. Because the market will always be there trading higher and lower. You don't need to put a lot of pressure on your back. You might already miss a lot of opportunities, so you can't missed a lot more that is coming in the future. 

[ItsCrafty]

That is true. However, with financial markets and trading, there are unlimited opportunities day in and day out. So as a newbie, the best thing you can do is to not get overwhelmed by an overload of information because there is an overload of information. Study at your own phase. Take risks in your own regard. Because the market will always be there trading higher and lower. You don't need to put a lot of pressure on your back. You might already miss a lot of opportunities, so you can't missed a lot more that is coming in the future. 

I think you are right. If you keep business or trading in mind, the result is that it never hurts to start both. All you have to do is make a decision, organize your steps with courage and dedication, push yourself to make the right decision, and just start it. But one thing you should take into account is that you should survey the market trends and make your risk assessment first; otherwise, you will face losses. Follow the expert’s opinions, align with our analysis pattern, and join different community forums to gain more knowledge.