Is it too late for newbies?

[CryptocurencyKing]

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?

Cryptocurrency as grown too broad for someone to just grabe the idea of it all at once or within a short period. It's something that takes time to grow into and the step begins where you choose.

I wouldn't advice anyone to just jump unto it but rather, take gradual steps of reading, researching and understanding the basic concepts about it before going ahead to work with it.

Though the innovation has done some big numbers, its just a little but above a decade and has got a long way to go still. Taking a page after you must have grabbed the bases about the innovation would go a long way in actually owning a crypto portfolio ad protecting your asset and getting more benefits.

[qwertyup23]

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...

Yes- it is definitely the right time to invest in Bitcoin!

To every newbie/beginner who is entering the cryptocurrency world, I always advise them that the best time to invest is when you actually start your journey in this world! The moment you discover and understand the basics of cryptocurrency, that is when you should start investing in order to maximize your short/long-term profits depending on your goal.

By basing it on the price history index of BTC, you would definitely observe that the price trend of BTC is increasing over the years. Who knows that maybe 5-10 years from now, the value of BTC may exponentially increase like what happened when it started.

[asbani]

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...

Listen to this, I been in this forum since 2014 rarely post but I remember posting about getting into mining and bitcoin....in 2014 I felt I was late and skipped it!! literally didn't do it, we know what happened later!

In 10-20 yrs from now people will come here in this very forum, btc will be at $800k and people will look at us posting here in 2023 saying "Boy these guys were in early".

Mark my words.

[Bitcoin_people]

~

Congratulations as you are new to the forum.

Is it the right time to invest in Bitcoin?

I would argue that if you follow the Bitcoin market at the moment, it is definitely a good time for you to invest. You can observe the Bitcoin market in the past to see how low its price has fallen and get some idea accordingly. And since the market has changed a lot now than before, we can expect to see more changes in the future. So you don't take much time and analyze the market a little bit better and make that investment now I think it is the right time for you.

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?

If your friends have good experience with Bitcoin or this forum then you can act on their advice. Since you have not acquired much knowledge about cryptocurrency, you can easily understand it if you take help from your friends. Or if you want to keep an eye on the various guides on our forum for newbies then you will surely understand and benefit.

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 think if you can learn from this forum well then you will understand everything for your success. There are some money that can bring you success in the future for example Bitcoin investment has changed the future of its people. It will be helpful to understand this if you reach a stage where you are specialized in cryptocurrency. Those who invest in Bitcoin can earn good profits and they don't run out of money in the future. But investing in Bitcoin requires a person to apply his experience so that he can profit from the investment. And if you want to reach this success, you must learn more about Bitcoin and invest with patience. . So you invest in Bitcoin and hold it patiently for a long time but you will get success in future. I got good profit by investing Bitcoin and keep it as wealth for future like support for my future generation.

[landheer]

the most appropriate investment in btc is when the price of btc is falling or when the market is bearish, in my opinion now the market is in the process of recovering from a bearish market to a bull market, but if you want to invest right now, of course there is no problem as long you  to use money who are ready to lose and buy btc when there is a price reduction
and use the dca system in buying btc.
so in my opinion now is not too late to buy btc as long as you are ready with the risk.

[GiftedMAN]

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...

Hey Man, You're welcome to the community.  And even when you're sure of what you know,  it'll be great to also keep an open mind  whenever it comes to learning.

Don't get pressured by your friends to do what you're not ready and sure of.  I'll recommend you to follow up with Binance Academy as they have educative materials and articles to help broaden a newbies knowledge about Bitcoin,  Crypto and also news around  the world of Blockchain and Cryptocurrency.

Faluire stories are much more better,  they have better meaning to newbies so they wouldn't be on the same part. Succes stories are more like fantasies filled with lies, don't trust them, at most when it comes to YouTube influences. It's a good time to invest in Bitcoin. But invest  what you can so you don't go hungry.

[Youngkhngdiddy]

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...

First off I'll start by saying welcome to the bitcoin talk community and you should feel free to ask questions you don't know so as to learn and so far they're reasonable, you'll get good replies from members of the forum, this is a place where learning is a constant process and you should be open to getting knowledge, because no knowledge they say is a waste
 
 Back to your question, yes this is the best time to invest in bitcoin but not for someone who lacks experience in it, first off you should do some research to know about cryptocurrency, the purpose of bitcoin creation and how to invest in it as well, I bet you might not even know where to purchase it from our how to use various exchanges so those are what you should be looking out for and try to get knowledge about, however since you mentioned that your friends have an idea about cryptocurrency then they're in the perfect  position to enlighten you about it, you could also check the bitcoin discussion board for threads where member have made better explanations of bitcoin and how to go about it, but you should note that bitcoin investment is not something you rush into if you're not thinking of a long term investment.

[rohang]

I  think its too late to invest in bitcoin and in extension any other crypto as well.

I would say earning crypto  through other means is better and safer - giveaways, air drops etc

My reasoning is BTC price is  already very high, I am not saying it will not rise, but its not feasible enough for most countries (especially asian)  to buy bitcoin.
As well as new regulations/scrutiny coming in different countries, I  would not suggest investing anything more then what you can afford to lose.

It could be worth it to invest in a  relatively new altcoin(or shitcoin), but obviously the risk is much higher as well as the potential earnings incase it 'pumps'

I am no way an expert, but usuaally almost every mainstream coins  go up together with the crypto market so imo it doesnt matter which main stream coin u invest it/

tldr; either invest in new coins with much more risk,  or find some alternative ways to earn crypto rather then risking fiat money

[Becassine]

I  think its too late to invest in bitcoin and in extension any other crypto as well.

Why would it be too late? The goal is not necessarily to have a bitcoin. Maybe the satoshis bought today will be worth a lot more in 10 years?

Since its birth, there have always been people saying that it was too late, even when bitcoin was worth 5 dollars, or 100 or 1000 or 50,000. Either we believe in the future of bitcoin and invest a few satoshis, or we don't. This is the only valid question.

[zaim7413]

Is it the right time to invest in Bitcoin?

The word too late only crossed the minds of those who were afraid to see the higher Bitcoin price compared to a few years ago, they thought the Bitcoin price had reached its highest price so that there was a fear of investing in Bitcoin. It's never too late for someone who has learned Bitcoin from its basic foundations to its adoption in several countries, they never hesitate to invest in Bitcoin even though they have just entered the Bitcoin market.

The first step you need to do is study the Bitcoin charts in the last few months, you can do CDA as an initial step in collecting Bitcoins. The Bitcoin that you have needs to be stored in a secure wallet, store the Bitcoin that you have in a wallet that you can control the private key, always avoid storing Bitcoin on exchanges because the risk of loss is greater than the wallet that you can control the private key.

[Shamm]

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 long as the price of bitcoin is in Low then it's time to buy and hold it until the price will rise and get more profit.  Everytime there's a chance that the price will Go up higher as we all know that bitcoin is volatile, unpredictable.
About your situation Op as what you stated is that you are new in crypto and have a little more knowledge then it's better to you to keep around in this community and find some topics that you want to learn.