Will You Advise Newbies To Enter Bitcoin Now? - page 17.

zee11225

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“A nexgen decentralized ride hailing ”

Quote from: marcbitcoins on May 23, 2019, 09:50:08 PM

The Bitcoin market did not become really that bad as we expected to happen before but now its more on repairing from a long year bearish so i suggest this is the time for the new comers to start learning Bitcoin investments while the price is very cheap.

For newcomers, I suggest not to be afraid of bitcoin investment, because I am sure that Bitcoin hasn't reached the highest price. Take for example the highest is US $ 20000 in December 2017, while now it only reaches US $ 8035. So there is still a chance to get a good profit.
It must be realized that bicoin is fluctuating, but the trade has become very passionate precisely because of the volatility, because investors get big profits. But for stable trade investors only get small profits. So I suggest not to be afraid of investment, because the price of bitcoin is predicted to continue to rise.

ClinikHannibal

newbie

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Bonjour , Je dirai sûrement à un débutant d'en savoir plus sur les marchés et le trading avant de se lancer dans l'une de ces activités.

Janation

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Quote from: Al-e_x on May 23, 2019, 09:08:27 PM

Before entering or investing in bitcoin I suggest you learn first so that you understand the risks and benefits of this investment

That is so true.

There are a lot of people that just quickly invested in Bitcoin without knowing that it is so volatile and after they experience sudden price dumps, they regret and blame Bitcoin for it. Although there are a lot of other investors that already know how volatile Bitcoin is, the not knowledgeable ones are the ones that are getting more popular since they are spreading some things that are not true.

Whittiesense

newbie

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For me, it's not about entering Bitcoin which I want to believe you're referring to buying, hodling or investing Bitcoin. You have to understand what you're about to "enter". Besides it's never late to get into something as long as you're prepared to face what ever comes afterwards whether positive or negative. If they don't enter now, they will eventually hopefully with an understanding of what the crypto space is all about.

veleten

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Quote from: nydiacaskey01 on May 23, 2019, 06:38:53 PM

I don't. I let them discover it themselves. But if someone asks me about it, I will tell them about Bitcoin, and if I see a positive interest I will encourage them to go into Bitcoin. We are wondering why Bitcoin is has not yet reached mainstream and yet we don't wan't to share our knowledge with Bitcoin in fear of being blamed if ever they suffer losses.

well if they do not learn from you , obviously positive towards crypto and bitcoin
they could go and listen to some retarded people who think it is a ponzi or even worse
this way they could never learn about it or start with a negative image in their mind
so I would advise newbies any and every chance I get

denzkilim

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Quote from: NeuroticFish on May 08, 2019, 01:44:37 AM

Quote from: CryptoBry on May 08, 2019, 01:13:13 AM

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.

That's correct, and we are not financial advisors to advise anyone to invest in Bitcoin without any due diligence and deeper knowledge about this very risky investment method. The best thing that a newbie to do in this industry is to do a lot of researches before doing something that they might regret someday and if they plan to invest in any Crypto Currency they should only invest the money they afford to lose and do not expect too much about it. Cool

Bobby park

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Well I don't think if it is a great moment to enter in Bitcoin right now. To tell this in my friends especially a newbies in crypto world I can't guarantee that this is the right time to buy Bitcoin since volatility unexpected. but rather I would go for deeper studying in crypto currency environment to have a higher possible income.

maculeth

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BountyMarketCap

very simple but quite risky if it does not happen, which is to say that the event at the end of 2017 will be repeated again even higher. by buying today, big profits will wait. but if it doesn't happen, definitely feel a big loss.

shesheboy

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Quote from: danipay on May 23, 2019, 09:21:43 PM

besides being a bitcoin currency can also be used as an investment so bitcoin for everyone not just for newbies.

Of course everyone knows that bitcoin is not only for newbies but what the op trying to explain is that if its okay to teach bitcoin to newbies thesedays when the market is now cheap and id say yes it is .

its always a good idea to teach someone to join the crypto world as early as possible because the real adoption have not yet started . that means that a newbie can learn and can collect enough bitcoins until the price skyrockets in the future

aishteru

newbie

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Quote from: nydiacaskey01 on May 23, 2019, 06:38:53 PM

I don't. I let them discover it themselves. But if someone asks me about it, I will tell them about Bitcoin, and if I see a positive interest I will encourage them to go into Bitcoin. We are wondering why Bitcoin is has not yet reached mainstream and yet we don't wan't to share our knowledge with Bitcoin in fear of being blamed if ever they suffer losses.

and thats the reality,when all you want to do is to help them.
at the end of the day even how good intentions we have for them the blame will be on us.
and the saddest part might get accused of being a scammer aswell even tho we dont get any frm them.these are my fears,the reason why i dont just advise any about bitcoin.ill let them do what i did before,research,read,and study how everything works.that way they will have a visual of what they will do for a start up.some thinks bitcoin/trading is easy profit,you invest now your rich tom.
which we all know its not...

soulripper

full member

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If they really want to know bitcoin better to let them learn by them self unless they ask our opinion first then we can help them in a right direction on how to jump in to the bitcoin trading or invest on it. If they doesnt ask any help why we bother to help someone who doesnt want to know more about bitcoin. it will a waste of our time. let them learn from their mistake and watch it only how this newbies can do after it.

marcbitcoins

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The Bitcoin market did not become really that bad as we expected to happen before but now its more on repairing from a long year bearish so i suggest this is the time for the new comers to start learning Bitcoin investments while the price is very cheap.

Sithara007

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Leading Crypto Sports Betting & Casino Platform

Quote from: nydiacaskey01 on May 23, 2019, 06:38:53 PM

I don't. I let them discover it themselves. But if someone asks me about it, I will tell them about Bitcoin, and if I see a positive interest I will encourage them to go into Bitcoin. We are wondering why Bitcoin is has not yet reached mainstream and yet we don't wan't to share our knowledge with Bitcoin in fear of being blamed if ever they suffer losses.

Hmm..... sounds quite strange. As Bitcoin users, I have always believed that it is our responsibility to make BTC more popular by encouraging others to use it. I have talked to dozens of individuals about the benefits of crypto-currency, and I was able to compel a few of them to use Bitcoin. But nowadays this task has become more tedious, as the Indian government has taken out various steps to completely ban the cryptocurrency transactions within the country.

danipay

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besides being a currency bitcoin can also be used as an investment so bitcoin is for everyone not just for newbies.
bitcoin was created for economic purposes all over the world.

Al-e_x

member

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Before entering or investing in bitcoin I suggest you learn first so that you understand the risks and benefits of this investment

nydiacaskey01

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I don't. I let them discover it themselves. But if someone asks me about it, I will tell them about Bitcoin, and if I see a positive interest I will encourage them to go into Bitcoin. We are wondering why Bitcoin is has not yet reached mainstream and yet we don't wan't to share our knowledge with Bitcoin in fear of being blamed if ever they suffer losses.

Genemind

sr. member

Activity: 1596

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I don't want to get blame so I would only let that person decide for what he wants. I will only explain how cryptocurrency moves but I won't decide for him.
I believe that it's still right to enter the market as long as he knows how to deal with it.

proTECH77

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Bisq Market Day - March 20th 2023

Quote from: pushups44 on May 20, 2019, 11:42:12 PM

No, I will not advise anyone to buy bitcoin. Bitcoin is way too volatile for most people, and they WILL sell during the lows and probably buy during rallies. I learned my lesson seeing how people who claimed to be dedicated sold so easily during the bear market. This market is designed for only the toughest investors.

Just spoken my mind mate, give advise to Newbies to invest into cryptocurrency may look like a help of a thing but later can back fire, if the investment never grow. We all know it volatile nature and if not with care investment into it can easily go down to the grave, let avoid advise Newbies, in order not to compromise our trust in them.

MMS2017

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Yes i would like to bring my all family and friends to this community because if more people use this then it will become universal and it can be operated through out the world crypto coins are launched in multiple countries where different genders different culture different society have different interests and it is true that now it is good because people can understand the true value of crypto currencies in the world and in the coming days it will be a normal currency.

thirdlight

sr. member

Activity: 445

Merit: 250

Yes, why not? It is never too late to invest in Bitcoin. Better in a proven product than it is unclear what else to lose everything after that. And Bitcoin is the market leader. Investing in it is always important.

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