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Topic: Will You Advise Newbies To Enter Bitcoin Now? - page 11. (Read 34399 times)

sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
Yes of course! We should not deprive anyone to learn new things specifically if they will gain from this. As of now, it is good to sell the news and development of cryptocurrency to the newbies. They are the one who add the price in the market. Many people make crypto as secret not knowingly that if we are at large scale then the market will rise better.
member
Activity: 192
Merit: 13
I'd never advice someone to enter bitcoin ever. Not the way you describe it.
I always stand against anyone that has no idea about Bitcoin and calling it a scam and always promote it by explaining the technology and positives. If I had to though, I'd tell him to wait for a dip.


Let me return the question: Would you advice a newbie to buy Apple stock now?
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
I have told my opinion about the market to the person that asked me about bitcoin recently. But I didn't put words that will make him think positively and has the sense of encouragement to invest.

I told him as it is black and white, there's good and bad side if he's investing. Just be transparent if someone asks you or better to keep quiet.
I agree. You do not have to feel them hopeful when enter the market just to gain their curiousity about it. Telling about the good side and bad side shortly is just enough and it is their way how they going to find out the risk on crypto world.
I'm done with that kind of enthusiasm as for explaining about bitcoin as an investment. That made me frustrated and those people who have asked me before belittle me as they have witnessed the market of bear by 2018.

I'm just waiting for the higher peak of this bull market and will definitely show them quietly on what I will have when we reach to that point.
full member
Activity: 952
Merit: 107
I have told my opinion about the market to the person that asked me about bitcoin recently. But I didn't put words that will make him think positively and has the sense of encouragement to invest.

I told him as it is black and white, there's good and bad side if he's investing. Just be transparent if someone asks you or better to keep quiet.
I agree. You do not have to feel them hopeful when enter the market just to gain their curiousity about it. Telling about the good side and bad side shortly is just enough and it is their way how they going to find out the risk on crypto world.
full member
Activity: 1316
Merit: 126
Yes I will advise newbies to enter bitcoin today while the bull run hasn’t happen yet, we are expecting a bull run this year and it is a good opportunity for them to take advantage but in advising newbies to enter bitcoin we should be transparent in the sense that we have to inform them the good and bad side of bitcoin and let them fully understand how the market really works.
member
Activity: 644
Merit: 10
The fact is that today there are a lot of opportunities not only for professional users of cryptocurrency, but also for beginners.  The fact is that investing in Bitcoin is still a holiday today, considering the prices of the end of 2017.  In addition, it is necessary to study the material in order to draw the right conclusions and adequately respond to the situation with the cryptocurrency market.  I very much regret that in 2016 I did not have as much knowledge as I have now, because I climbed 2016 and squandered about 5 Bitcoins, which could turn into $ 100,000 before the end of 2017.
full member
Activity: 680
Merit: 103
It seems to me that any user of cryptocurrency began its activity with something more easier, which made it necessary to study this field of activity.  As an example, one can cite participation in Bounty companies, thanks to which one could study not only the basics of trade, but also real opportunities and rules for investing in cryptocurrency.  I note that with such knowledge, you can use your experience not only in the field of cryptocurrency, but also in real life, in real business.

When you start working with Bitcoin, you understand that you want to learn more and more. You get enough knowledge and become a versatile person. It is really cool. A newbie must not hesitate to enter the market.
hero member
Activity: 2366
Merit: 594
It is always a good idea to buy bitcoins in bit so if a newbie is to enter bitcoin now, it is a good idea as I will advise them to buy smaller amounts with monies thy can afford to lose with ease.

Advising them to only invest what they can afford to lose basically says bitcoin is a gamble. You must teach him first the basics and fundamentals of bitcoin. And the possibilities of losing money from it. We all know that bitcoin's price is very volatile so a newbie to invest in bitcoin a bear market would be very frustrating.
jr. member
Activity: 175
Merit: 1
Well, I think that it's quite good moment to enter bitcoin now. Bitcoin is quite stable and it's speculated that it will be growing. If you want to be into cryptocurrency market but you are not so sure if that's a proper moment to start, I recommend you to take part in some affiliate programs connected with cryptocurrencies, like for example this one. This is a great opportunity to earn some money without making investments
full member
Activity: 714
Merit: 100
Acewins.io
It is always a good idea to buy bitcoins in bit so if a newbie is to enter bitcoin now, it is a good idea as I will advise them to buy smaller amounts with monies thy can afford to lose with ease.
legendary
Activity: 2450
Merit: 1047




The general sentiment of the market is getting very positive on Bitcoin as it is experiencing some upward movement. A lot of people are expecting that Bitcoin will soon breach the $6,000 level and can possibly go beyond that level in the coming weeks and months...and there are those already predicting of $8,000 or even $10,000 before 2019 ends. I know this is just another speculative notions but this can be reflective of the ongoing confidence the market has on the King of Cryptos.

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?



I would but I would like first to explain all he wants to know about investing in Cryptocurrency, I don't want him blaming me when he loses his investment, and I will advise him if he wants to get it to only invest what he can afford to lose, I'd like him to decide for himself, people should invest in their decision after analyzing the situation.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
I have told my opinion about the market to the person that asked me about bitcoin recently. But I didn't put words that will make him think positively and has the sense of encouragement to invest.

I told him as it is black and white, there's good and bad side if he's investing. Just be transparent if someone asks you or better to keep quiet.
That's really a cool way of describing about the risk associated with bitcoin indirectly. Most of the newbies whom used to get suggestion were already experts in other forms of trading. So that they will have basic learning about the trading process and the way to generate revenue. Very few newbies will be entirely new to it and for them I never suggest to take the risk, and for them my suggestion is to learn.
You just can't assure someone who's new to this. People would want to hear assurance that their money will work positively without taking risk but explaining in better and more clarity about the risk associated, I think they will understand it.

They might not understand it completely but as long as you have explained that there's risk, it's enough and you did your part.
sr. member
Activity: 812
Merit: 253
I really wouldn't advise them or force them to enter Bitcoin or join the cryptoworld not unless they really are interested in Bitcoin itself. I have told my peers about Bitcoin and have convinced them a couple years ago and have been holding them too so if ever a newbie would ask me for an advise, I'd rather educate them first before letting them enter in the cryptoworld.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
I have told my opinion about the market to the person that asked me about bitcoin recently. But I didn't put words that will make him think positively and has the sense of encouragement to invest.

I told him as it is black and white, there's good and bad side if he's investing. Just be transparent if someone asks you or better to keep quiet.
That's really a cool way of describing about the risk associated with bitcoin indirectly. Most of the newbies whom used to get suggestion were already experts in other forms of trading. So that they will have basic learning about the trading process and the way to generate revenue. Very few newbies will be entirely new to it and for them I never suggest to take the risk, and for them my suggestion is to learn.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
I have told my opinion about the market to the person that asked me about bitcoin recently. But I didn't put words that will make him think positively and has the sense of encouragement to invest.

I told him as it is black and white, there's good and bad side if he's investing. Just be transparent if someone asks you or better to keep quiet.
hero member
Activity: 966
Merit: 535
When needing advice for newbie participating in cryptocurrencies: I would advise them to find out what is bitcoin? (technology, foundation, ...) and show them how to trade, the basic analytical techniques then they can capture the current situation of bitcoin. It is important to introduce them to follow people with reputable technical analysis, quick information pages about bitcoin. That informations help them not get lost and reduce the risks in the cryptocurrency world

The first thing that must be conveyed to beginners is with regard to the high volatility of crypto currencies. We must tell them that investment in crypto currencies is very risky. Don't let us be blamed if the hopes they dream don't come true.

People need to stop seeing it as an investment. It is a payment method. They must see it as one. I don't think it is a good thing to introduce bitcoin as an investment. First as a currency then as an asset.
I also believe everyone should start off with faucets so they learn how things work and do not lose a lot of money in the process.
legendary
Activity: 1904
Merit: 1000
When needing advice for newbie participating in cryptocurrencies: I would advise them to find out what is bitcoin? (technology, foundation, ...) and show them how to trade, the basic analytical techniques then they can capture the current situation of bitcoin. It is important to introduce them to follow people with reputable technical analysis, quick information pages about bitcoin. That informations help them not get lost and reduce the risks in the cryptocurrency world

The first thing that must be conveyed to beginners is with regard to the high volatility of crypto currencies. We must tell them that investment in crypto currencies is very risky. Don't let us be blamed if the hopes they dream don't come true.
member
Activity: 599
Merit: 10
It seems to me that any user of cryptocurrency began its activity with something more easier, which made it necessary to study this field of activity.  As an example, one can cite participation in Bounty companies, thanks to which one could study not only the basics of trade, but also real opportunities and rules for investing in cryptocurrency.  I note that with such knowledge, you can use your experience not only in the field of cryptocurrency, but also in real life, in real business.
jr. member
Activity: 70
Merit: 1
When needing advice for newbie participating in cryptocurrencies: I would advise them to find out what is bitcoin? (technology, foundation, ...) and show them how to trade, the basic analytical techniques then they can capture the current situation of bitcoin. It is important to introduce them to follow people with reputable technical analysis, quick information pages about bitcoin. That informations help them not get lost and reduce the risks in the cryptocurrency world
full member
Activity: 1218
Merit: 105
It's a very good time to enter now that all the signs are showing a bullish trend. The fact is that no one can predict what happens exactly to the market so you just have to enter at your desirable time which is also relative.It isn't easy bringing someone new to this crypto business as it can even let you part ways with each other when things do not go the right way as expected.
Introducing this venue of investment can be an eye opener, it's important not to push them right away but allow them to observe and analyze
what possibilities this investment can bring them, its more on guiding them and introduce them the path where they can also try opportunities
that bitcoin/crypto market has to offer.
Even if the market has a lot of sign of being bullish it is still not advisable to encourage newbies to invest in Bitcoin if they don't have the knowledge or only have a few knowledge about it because bitcoin isn't a money making kind of machine that generates a lot of money out of thin air. It is better to educate them about how risky is this industry and the money that they invest could experience losses if they are not diligent on what they are doing. This industry is for high-risk takers and not for the weak hands that will easily get rekt always do your own research. Cool
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