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Topic: Is it too late for newbies? - page 4. (Read 762 times)

legendary
Activity: 2226
Merit: 1086
Free Bitcoins Every Hour!
June 29, 2023, 05:21:41 PM
#51
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.
The chance of the market to drop again is always high after there is a big increase for few days/weeks. Bitcoin price can drop again around $28k, it may be the right time for the next entry. Currently, the market looks quite stable because Bitcoin still can survive above $30k. The market will be red again if Bitcoin price drops to $28k and we may hear some FUDs to trigger the price decreasing more. There is still 1-2 years for the bullrun season, so there is still enough time to buy again. Because of this reason, we don't need to hurry buying more coins.

sr. member
Activity: 602
Merit: 442
I buy all valid country Gift cards swiftly.
June 29, 2023, 05:13:18 PM
#50
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...
Since you're  new to the industry,  I think you should spend more time getting to read and know more about it and since you're already on this forum,I want to tell you that you're at the right place and the forum is one place you cab get all the possible knowledge  about bitcoin from people with practical experiences..
You should be aware that bitcoin  is a volatile asset  and nothing is certain about that and you shouldn't  be relying on other people's success stories  to build yours because it might not end well and what might work for one person might not work for the next person and you should rather figure out what truly works for you.
sr. member
Activity: 2324
Merit: 362
★Bitvest.io★ Play Plinko or Invest!
June 29, 2023, 04:37:37 PM
#49
it's never too late to learn about bitcoin and altcoins, information about bitcoin and altcoins is now widely available on the internet, you can do googling or just go to forums that really discuss bitcoin and altcoins.

even though the bitcointalk forum is the best place to find information about bticoin and cryptocurrencies, you can still make references to several other forums out there for reading about bitcoin and altcoins, just to add insight.
legendary
Activity: 2268
Merit: 1655
To the Moon
June 29, 2023, 04:15:16 PM
#48
...Is it the right time to invest in Bitcoin?..

Since no one can say for sure where the market will move next, you can buy bitcoin with part of your deposit. In this case, if the BTC price increases, you will get a profit. If the price of bitcoin drops, then you will have money to buy at a reduced price, and as a result you will get a good average purchase price.
hero member
Activity: 1540
Merit: 772
June 29, 2023, 03:35:18 PM
#47
Is it the right time to invest in Bitcoin?
Previously you had to be sure of yourself first to Bitcoin. When you have a strong belief in investing in Bitcoin, then you will find out for yourself whether or not to invest in Bitcoin.
The right time to invest in Bitcoin lies in your ability to analyze it. General advice regarding the right time is to buy when the price is low. Then do it regularly according to ability.
Many people will say use a strategy known as the DCA concept.
hero member
Activity: 1036
Merit: 590
God is great
June 29, 2023, 02:55:56 PM
#46
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...
It is not late to buy bitcoin to invest because the price is low to gain profit if bitcoin enters the bull market. What you just need to is buy and hold and wait for the bull market. But I need to ask op what is the reason you want to buy bitcoin? Is it because your friends are investing in Bitcoin and you want to also get the same profits with them? Bitcoin is a good investment but never think of making profit as the only target,  you need to understand bitcoin to know how the market is. The market is always volatile and if you don't know about this and you start investing you may get panic when you experience serious volatility if the price is down.

This one of the problems of some beginners,  they just want to invest because of their friends who are making profit and they do not care to learn to have understanding about Bitcoin . If you don't have any knowledge about bitcoin,  I'll advice you to try as possible to know about well before you start investing,  do not let making profit to let you not to do the first thing that you are supposed to do which is learning. Don't try to meet up with your friends,  your friends might have gotten to  learn to get understanding about Bitcoin,  I urge you to understand bitcoin too before you invest.
sr. member
Activity: 588
Merit: 274
June 29, 2023, 11:34:01 AM
#45
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.
sr. member
Activity: 1260
Merit: 393
#SWGT PRE-SALE IS LIVE
June 29, 2023, 11:13:44 AM
#44
If you think Bitcoin investment is only about profit, you are wrong about this. Bitcoin investment does not only offer benefits, fluctuations that occur at any time offer you two opposite sides. Find out information about Bitcoin investment to prevent you from making some mistakes that can make your money disappear. Market conditions also need to be considered, the Bitcoin market cannot be separated from three kinds of conditions, Positive Conditions, Negative Conditions and Stagnant Conditions. After knowing the market conditions that Bitcoin always experiences you can determine the right time to enter and the right time to exit.


full member
Activity: 560
Merit: 143
Active 24/7
June 28, 2023, 05:58:28 PM
#43
There is a beginning for everyone,and there was a beginning for every member of this forum that has passed the level of a newbie.The most important thing is how determined you are to thrive towards being successful.Newbies who believe in their personal ability will always do well as long as they have the zeal in them.Familiarising yourself with the modus operandi of this forum,and knowing the do's and the dont's of this community is one of the things you must do to have a peaceful existence in this forum.
legendary
Activity: 1414
Merit: 1108
June 28, 2023, 04:59:09 PM
#42
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.
You don’t have to be a newbie or some professional to buy and hodl bitcoin. You only have to be willing, have the resources and be familiar with how to work a wallet as well as what exchanges is or how to use them.

This is where it becomes important for you to study about what you want to invest your money in as, it’s not always joyful. There could be loses and that’s on you and your ignorance when it happens. Like every other skill or field out there, sort out for the knowledge first.

It’s never too late to invest in bitcoin. You can DCA and be good about that.
hero member
Activity: 2884
Merit: 620
June 28, 2023, 04:39:09 PM
#41
It is the right time to learn more and that's a good question that you've got about resources, so with all of the resources given to you and with your ability to search on materials online through google and youtube.

You shall be fine and able to find out that there are various resources that you can find out with your simple search.

Don't rush into investing when you've got no idea yet of what you're doing because that's a mistake that many is doing. And with your initiative of knowing it first, you're doing the right thing of starting it out by knowing what you're about to invest.
sr. member
Activity: 546
Merit: 342
June 28, 2023, 04:28:13 PM
#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.
hero member
Activity: 574
Merit: 554
#SWGT PRE-SALE IS LIVE
June 28, 2023, 03:50:23 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.
newbie
Activity: 7
Merit: 0
June 28, 2023, 12:42:11 PM
#38
the worth of bitcoin has gone up in the last few days
newbie
Activity: 7
Merit: 0
June 28, 2023, 12:34:19 PM
#37
there are a lot of ways to get money with bitcoin now
hero member
Activity: 1288
Merit: 564
Bitcoin makes the world go 🔃
June 28, 2023, 12:26:51 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.
newbie
Activity: 7
Merit: 0
June 28, 2023, 12:25:45 PM
#35
I think now is the right time to invest in bitcoin
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
June 28, 2023, 12:19:55 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
sr. member
Activity: 2044
Merit: 323
June 27, 2023, 09:20:21 AM
#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.
hero member
Activity: 1400
Merit: 770
June 27, 2023, 09:19:55 AM
#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.
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