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Topic: Will You Advise Newbies To Enter Bitcoin Now? (Read 34349 times)

member
Activity: 980
Merit: 12
September 25, 2019, 04:23:07 PM
I don't advise newbies to enter the market right now. There is a big fall recently and we don't know when it will stop. It seems like the fall has slowed down but we can't be sure. We may get up tomorrow and see that Bitcoin is 7k dollars.
newbie
Activity: 1
Merit: 0
"I think we should wait a little bit. Because then the price will be quite affordable. I have read an analysis provided by Monfex and they said""It is better to stay away from the market for a while due to the risk of descending further to 9,900 - 10,000 level.
* Should the price go down there, then Buy."". Read more following the link https://www.tradingview.com/chart/BTCUSD/ICEZ1nkm-What-is-going-on/"
newbie
Activity: 89
Merit: 0
Best investment you will ever make is in yourself and then go from there.
sr. member
Activity: 924
Merit: 255
I would not give any advice to anybody at all... It is my opinion. And it does not depent wether it is the newbie or the experienced trader or holder of crypto currency. Everyone should think over and make own decisions what to do with the assets - buy something or not, in what period it is better to do and so on. Because everyone has own experience and aims of people are too different. What is good for one may turn out to be the evil for another. The only thing I can say that it is better for newbie to start from small things and read a lot before big decisions and steps.
newbie
Activity: 10
Merit: 1
I think beginners can start now because price is quite affordable and low. We will see break down above 9 500$. What do you think?
member
Activity: 770
Merit: 12
Trphy.io
Yes, all people will get benefits on doing investment in Bitcoin and it's never too late to invest but you need to know a lot of things about Bitcoin before to start, make research, watch and learn how it works so you will satisfied on what you do.
it's not that easy to convince beginners in this business. we must give them clear knowledge. do not just be given the advantages of investing in bitcoin, but we must provide risk knowledge. so let them determine the way
full member
Activity: 369
Merit: 100
Yes, all people will get benefits on doing investment in Bitcoin and it's never too late to invest but you need to know a lot of things about Bitcoin before to start, make research, watch and learn how it works so you will satisfied on what you do.
member
Activity: 448
Merit: 10
Newbies can enter into btc below 10000 dollars which is best price in this bull run btc is expected to touch around 20 thousand dollars by this year end they can take advantage
newbie
Activity: 56
Merit: 0
My personally opinion is better before advise, newbie must learn more information about bitcoin and cryptocurrency. Cause i think if you only want to get some profit with bitcoin only look at increase and decrease a price, i think in the future you will suffer loss cause in crypto world Many things that affect bitcoin, not only just price increases or decrease
Well, and the most appropriate advice is probably newbie should go alone, information and answers, even questions, it has been updated over time, this is no longer the new world, everything has be shared a lot, grow up without the help of others because as you say, the future they may receive loss, they should survive through that situation, if we advise them, they will never be able to act independently, failure and experience are the ladder of life, so bitcoin is not the topic that I like to discuss with newbie


Before entering the trading newbie should find out more about this sphere, make his own trading plan and do the market research.I think it's a good time to invest in BTC now.Monfex stated that the price is starting to consolidate near the $11,800 mark.The fast EMA (200) is starting to make a sideways move, but still showing momentum for Bitcoin .
 What do you guys think about that ?
full member
Activity: 468
Merit: 100
Experience the Future of DeFi
I will discuss first all about btc before advising to enter bitcoin. I am willingly to help and guide a newbie if she/he is interested to learn and to join bitcoin.  They should understand first how bitcoin really works and the risks in crypto.
Good to do that first as newbies is very aggressive when hearing positive things about investment, if they'll be able to understand and realized the risk that involves around it will be easier for them to be convinced investing inside this Market, the chance of lessen the potential loses can be determined and it's up to them whether they like to proceed or to learn more first.

True. People seem very excited about when they hear that profit gain in crypto is potentially big and they will jump right away to start. But they do not know that there is also a chance to have a huge loss when you enter in a wrong timing. So beginners who would want to start in investing in crypto market should learn first the advantage and disadvantage of getting into the crypto world.
jr. member
Activity: 224
Merit: 3
My personally opinion is better before advise, newbie must learn more information about bitcoin and cryptocurrency. Cause i think if you only want to get some profit with bitcoin only look at increase and decrease a price, i think in the future you will suffer loss cause in crypto world Many things that affect bitcoin, not only just price increases or decrease
Well, and the most appropriate advice is probably newbie should go alone, information and answers, even questions, it has been updated over time, this is no longer the new world, everything has be shared a lot, grow up without the help of others because as you say, the future they may receive loss, they should survive through that situation, if we advise them, they will never be able to act independently, failure and experience are the ladder of life, so bitcoin is not the topic that I like to discuss with newbie
jr. member
Activity: 308
Merit: 3
Yes because I think that bitcoin is just getting started and being known by all people. Just teach newbies that entering bitcoin is not just about having money on it but understanding the use of it.
jr. member
Activity: 352
Merit: 1
I think it is never too late to invest in bitcoin, however, I will advise investors to take caution and be patient enough to do a thorough research and enter at there convenient time.
sr. member
Activity: 1246
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
Yes, this is the perfect time for anybody who wishes to invest into bitcoin to join. So many crypto starters were scared when bitcion sunk way down in value but right now we are almost hitting into $12k and the confidence in bitcoin is back. This is the right time to invest as experienced crypto investors like John Mcafee are making predictions of us hitting $100k in the near future.
newbie
Activity: 25
Merit: 0
Yes, it's not too late to invest in Bitcoin. I believe that year 2020 will be even better than this one.
full member
Activity: 625
Merit: 125
With this backdrop in mind, will you advise a newbie to bitcoin to enter at this stage so he can be able to ride the coming "boom" or will you tell him to wait some more until the market is dipping?

No. Everybody has to do his own research and take the decision if and when to "enter" Bitcoin.
Also a good strategy for somebody that wants to buy and hold is to buy over longer period of time, so the up/down fluctuations get somewhat equalized.
All I can tell is that the market starts looking good and I am almost convinced it should grow. But this means nothing, really.


I agree that everyone, especially noobs, should do their own research and when they are comfortable, they can enter the market anytime.
Don't just enter any market due to hype. Do everything with a proper research.
This is also the reason why noobs get slaughtered in any market.
sr. member
Activity: 1204
Merit: 388
Yes of course. Why not? I'll advise them to invest in bitcoin because they have high potential but before the investment, I'll advise that they read more about cryptocurrencies.
Okey, you have to give newbie fully  knowledge about Bitcoin and blockchain technology behind. because newbie still don't have knowledge how to manage them fund when pricing on market drop, newbie always making FUD every and anywhere.
full member
Activity: 634
Merit: 118
Bounty Hunter Indonesia
My personally opinion is better before advise, newbie must learn more information about bitcoin and cryptocurrency. Cause i think if you only want to get some profit with bitcoin only look at increase and decrease a price, i think in the future you will suffer loss cause in crypto world Many things that affect bitcoin, not only just price increases or decrease
full member
Activity: 434
Merit: 100
it all depends on someone's decision. I think whenever is the right time to enter bitcoin. especially now that the price of bitcoin is starting to climb slowly. and many observers say the price of bitcoin will be higher until Christmas, I think even when to start is a fixed time rather than not starting at all.
sr. member
Activity: 798
Merit: 251
Small Trader
For me, bringing a newbie to come in and jump into the crypto world to buy Bitcoin is difficult. Because sometimes it's hard to explain to them about BItcoin. The point is we must be responsible for teaching those who want to learn about Bitcoin.
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