Topic: Will You Advise Newbies To Enter Bitcoin Now? - page 14. (Read 34385 times)
I will not make any investment advice to anyone, newbie or not. I may present the current movement of bitcoin but I will not direct anyone to purchase anything. It should be their own initiative to make the purchase for investment purpose so they will have no one to blame if their investment failed.
Yes, from this point we are all sure that at the end of 2019, Bitcoin will be worth 10 thousand dollars. I'm just waiting for next year's 2020. Because I'm 100% sure that in the 2020 Bitcoin price will go to the place that will see the whole world. And it must be true. As for the large companies that are starting to Accept Offers. As a result, Bitcoin's popularity is getting more profit day by day. As a result, it is sure that Bitcoin is going to become the most valuable thing in the world in 2020.
why do you keep waiting until next year, if you see the market is currently recovering, it would be better to start from now so that the opportunities that you will get are better next year. so use this precious time to advice more people and they all have the same opportunity later
Now bitcoin is dropping. People are afraid of further drop. Advising a newbie to enter into bitcoin will be a big mistake. You can give suggestions and encourage him to do an extensive research on it. Based on his findings then he can make a decision. People are quick to give blames.
This is an realistic approach, people usually like to blame on others when they end up in a loss and so, giving a proper guidance about the market is a good idea and let them take their own decision on when to invest rather than telling them about when to enter the market and so on, there are many people who jumped into the market when the rally was above $10 K and majority of them ended up in a loss thinking of earning the maximum benefit and most of them sold at a loss and when they do that they blame on the person who told about bitcoin rather than the foolishness they did. You are always a newbie when you start doing something for the first time. At some point you will have to start from somewhere or else you will always remain a newbie. But looks like you are talking about new users to enter the market to make profit. Is bitcoin or other crypto currencies all about profit? Don't you think there is more to learn from crypto currencies rather than just thinking about the profit?
Thinking for the profit is one of first reason why a person undergo risk of doing trading with bitcoin, or something interesting with them. New users entering bitcoin for the seek of gaining profit isn't appropriate, while he doesn't have the acquired knowledge through it. It should be done together with a fully skilled buddy or friend who also been doing bitcoin holdings, and yet have long time experience on how bitcoin works for his entire life.
Yes, I would advise them to start, because I think everyone should start taking advantage of bitcoin, but before that I have to teach them about risks and more information about investing, and in the end I advise them and do not force them to do anything.
You are always a newbie when you start doing something for the first time. At some point you will have to start from somewhere or else you will always remain a newbie. But looks like you are talking about new users to enter the market to make profit. Is bitcoin or other crypto currencies all about profit? Don't you think there is more to learn from crypto currencies rather than just thinking about the profit?
Yes.Surely I advice them.But not now.I advise them to keep watch until bitcoin come to 7200 area.And wait for then 1Hour candle(bull) appears.If it end green one buy buy bitcoin.If it 1hour candle end as red (bearish) dont buy there is chance to go even further about 5600$ area. 1Hour candle(bull) makes the double bottom confirmation.It means bull trend is started.
Use MT4,watch economic news and control your emotions when trading BTC.
Use MT4,watch economic news and control your emotions when trading BTC.
Bitcoin is a super Digital Currency and a very reliable financial instrument. I would never be afraid to encourage newbies to key into the system. For those who understand how Cryptocurrencies work , they will realized Bitcoin is unstoppable. It is the only Cryptocurrency i can recommend for newbies with no experience but not those finding a short term investment .For those who are looking for a reliable long term investment i can simply recommend bitcoin.
Now bitcoin is dropping. People are afraid of further drop. Advising a newbie to enter into bitcoin will be a big mistake. You can give suggestions and encourage him to do an extensive research on it. Based on his findings then he can make a decision. People are quick to give blames.
I won't. I'll let them do their own research how risky and rewarding Bitcoin is and let them decide whether to invest in bitcoin or not.
Now is really the right time, i believe this will be the last dip until we rally again to 12k territory
Hopefully that will happen in the near future. But, I don't see a reason why we wouldn't let those newbies enter in cryptocurrency now. I didn't mean to buy immediately but for them to be aware what will happen and they can study it so that they are not late on trend. In the past few months, I guess is the best time to convince those newbies to buy bitcoin.I don't think it will be the last dip, there will always dip but make sure to have some of it in case it really happens.
Yes I would advice newbies to enter bitcoin now but not to the point of letting them invest in bitcoin without proper
knowledge of bitcoin that would be like letting them swim without them knowing how to swim. I'd guide them the basic
knowledge of bitcoin if they are interested in it.
knowledge of bitcoin that would be like letting them swim without them knowing how to swim. I'd guide them the basic
knowledge of bitcoin if they are interested in it.
Neither I'm advising nor discouraging newbies.
How did you start as newbie ?we all have to start somewhere and its never to late or a wrong time. Just dont go all inn and take weighted steps what you can afford.
Well to be honest, I had no rights to say to anyone if He/she like to enter into bitcoin world. They have their own decision to choose, the only thing I could say is make their own way to find out if bitcoin is good nor not. Discovering this things is depend on the individuals, though Bitcoin discussion is not that easy to understand, but difficulties was just always on start.
I agree to this, it really depends on you if you are into its technology and you believe riding its growth will bring you fortune.
Now is really the right time, i believe this will be the last dip until we rally again to 12k territory
Neither I'm advising nor discouraging newbies. Best answer may not be a direct answer but an statement from my experiences towards bitcoin. Then, it depends on he/she will weigh and assess it. I'd rather give a piece of lesson, to be risky at the same time be wise.
Let them discover it by themselves so that they will not blame you or us from asking them to to jump into the Bitcoin world. The problem with others who asks or advise other to join Bitcoin is they have an intent to earn, that's why they invite. Unlike others who invite people to join Bitcoin is to explore the use and other possibilities and uses of Bitcoin.
We cannot directly say, if it is advisable or not. But newbies can enter Bitcoin now!
I was also confused by this same questions as many of my peers are beginners in this realm. So, I was just browsing to get answer to my question and found this, https://medium.com/@odeskpawan1/can-newbies-enter-the-world-of-bitcoin-now-83d68016fc48
This blog has everything that a beginner needs to know about Bitcoin to get started. Scroll the last and you will also find a helpful resource that will take your through the world of cryptocurrencies, step-by-step.
I was also confused by this same questions as many of my peers are beginners in this realm. So, I was just browsing to get answer to my question and found this, https://medium.com/@odeskpawan1/can-newbies-enter-the-world-of-bitcoin-now-83d68016fc48
This blog has everything that a beginner needs to know about Bitcoin to get started. Scroll the last and you will also find a helpful resource that will take your through the world of cryptocurrencies, step-by-step.
If you really want to help then why not, i think it's not bad to advice beginners to join bitcoin but you should aware them that bitcoin is very confusing and need a lot of patience to understand the process of how it works. And maybe you should teach them some of your knowledge about bitcoin. It's always a good feeling to help just spread the kindness.
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?
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