Topic: Will You Advise Newbies To Enter Bitcoin Now? - page 21. (Read 34385 times)
Newbies entering Bitcoin now should be aware of one thing: they can easily lose around a half of the amount invested in case of panic selling when Bitcoin goes down. Being extremely volatile, BTC can lose 50% of its USD value within a week. The question is, where it will go afterwards though. My point is, if you will not panic sell in the worst time possible, it is very likely that you will profit in the future, but this future may come in several months or maybe even in a year. So, don't invest money that you may need within a year, invest only the money you can do without for the period of a long term investment.
I would advise not to enter Bitcoin now. It was already late, it was necessary to enter it earlier. About a month ago. But now it is a little expensive and dangerous to enter it. It is better now to choose a top altcoin for investment.
Investing in bitcoin right now is too late when the upward trend has happened, they cannot participate in this game, otherwise they will face a lot of risks, and even if not too late, I still would not recommend or encourage anyone to participate in bitcoin. Because I want newbie to know this is a lonely world, people will need to fight to grow up, they cannot rely on the advice of others to survive, although this advice will sometimes be good but sometimes when it will immerse them in hellI think we should advice to newbie to get information about bitcoin, but it is not right to say for newbie, not come in bitcoin field. Actually, it is our thinking, that bitcoin is expensive, and may be newbie could afford it, so we should suggest to newbie that come and join bitcoin.
I would advise not to enter Bitcoin now. It was already late, it was necessary to enter it earlier. About a month ago. But now it is a little expensive and dangerous to enter it. It is better now to choose a top altcoin for investment.
Investing in bitcoin right now is too late when the upward trend has happened, they cannot participate in this game, otherwise they will face a lot of risks, and even if not too late, I still would not recommend or encourage anyone to participate in bitcoin. Because I want newbie to know this is a lonely world, people will need to fight to grow up, they cannot rely on the advice of others to survive, although this advice will sometimes be good but sometimes when it will immerse them in hell 
It's a beginner's choice if they would enter Bitcoin or not. It would be an advantage if they would enter during this season but upon entering, they should know all the basics and fundamentals of crypto. I wouldn't advise them to join Bitcoin right away but I would tell them to learn everything about it first so that they would have their own disposition.
Exactly!. If newbies wants to enter in bitcoin they should aware of all the rules and regulation to avoid some mistakes and they have some knowledge about cryptocurrency. Its easy to understand all of happening inside the forum once they are aware of it. Well I think this is the time they should try because bitcoin is high price but before they earn large amount they should have patient.
I'll just mention some few details about it then if they show some interest to it then I'll suggest them to research it so they know what are the pro and cons of bitcoin. I've known bitcoin for 5 years and already experienced some loss from it. Advising them saying that it will make them rich someday is not a good idea. A serious investor researches first before they release some money.
Bitcoin ATH 19497.4 Current price 8085 already halfway passed, I think this is not the best time to enter Bitcoin.
Beginners must be given a real form of using cryptocurrencies. We must provide clear information because then they will be interested. While when they do not get clear information about how to apply cryptocurrencies, it is likely that they will not be interested.
This depends on how we are able to do the right explanation, when we are wrong we will find it difficult to convey various information about cryptocurrencies.
This depends on how we are able to do the right explanation, when we are wrong we will find it difficult to convey various information about cryptocurrencies.
I would advise not to enter Bitcoin now. It was already late, it was necessary to enter it earlier. About a month ago. But now it is a little expensive and dangerous to enter it. It is better now to choose a top altcoin for investment.
Market is now starting to upsurge, but my advise would be to tell newbies to first build a foundation of awareness and understanding about Bitcoin and on how it works so they will be able to acquire knowledge and skills that are applicable to start investing on the said field. Doing research, reading, studying, and exploring new ideas can greatly help them guide to venture the world of investment. I would also advise them to embrace the reality of investment that it carries a certain level of risks and losses, and to never be afraid to fail, instead learn from every mistake and make it as stepping stone to succeed. Invest when you're prepared and learn to control ones emotions.
Right now is probably the best moment to invest if you haven't done it before. After that check carefully every 30 minutes how it goes. I wouldn't hodl too long on this one. Get your 25% when its on 10k and then move on.
Bitcoin is now 8k, while my opinion is it will have a correction soon, to 6.5K maybe (if any people dont agree please ignore, it is just my own feel), it is a bit high for me, so I will not accumulate BTC now, I am waiting it lower price, also I am trying to buy some alts like SHE/HTA/NEW/DGB/XRP/BTM, to make a more rational investing.
Btc has already hit 8k and still showing signs of upwards move. The best time to jave introduced a newbie was during the bear market but for fear of losing their investment, they shunned from entering at that time. However, it is never too late to introduce a newbie now. The bull run just begun.
You just contradicted yourself in your sentence
Anyway there's no specific time, sure the beginning of everything is in fact the best where you can buy way smaller and become richer in biggest bull runs.
Take that as current example, a new investor (newbie) will still be welcome aboard the hype train and try to get as much profit as he can from current price.
Nevertheless the beginning was the best for him to profit way more.
From my experience, you dont convince anyone or advice anyone into investing in something that is volatile. you only make them understand the market, understand bitcoin price is unpredictable and anything can happen. If they are willing to take the risk then they can go ahead if not its better they don't enter bitcoin at all.
I would tell almost anyone to get into Bitcoin / Crypto, but the thing is people that don't know anything about it often think "huh, that sounds like a scam"
I do not think there is always a wrong time to buy. It has always been a good time to buy. Its all about you understanding the risk involved and being well prepared to embrace it, either a loss or a gain. So why would one be waiting for a right time when you do not actually know the right time. Newbies need to enter as soon as they can else they will forever be newbies.
I don’t like to “advice” anything to other people. People should start reading and searching about some details about crypto. If they win, it will their own success but if they lose they will definitely blame you. So, why would i even bother? On the other hand, there is a high chance that Bitcoin price to keep growing. Especially for long target, it’s always OK to buy BTC.
I think bitcoin will continue to increase and there are only a few corrections and there is a slight decline but it will rise again, and there is still a chance to invite beginners to buy bitcoin and convince him that it will be profitable.
and suggest investing according to ability and gradually prove in the near future that bitcoin will benefit, and then it's up to him?
and suggest investing according to ability and gradually prove in the near future that bitcoin will benefit, and then it's up to him?
I think it is not ok to advise anyone to go into any kind of business without letting them know about the disadvantages and advantages. otherwise they are going to hate you and the business/bitcoin if something bad happens to their investment.
Don't let anyone invest in stocks, forex, agriculture, bitcoin etc without properly educating them on how it works and how to stay properly
Don't let anyone invest in stocks, forex, agriculture, bitcoin etc without properly educating them on how it works and how to stay properly
No I stop advising people to enter Bitcoin ever since most of my friends and family only thinks of it as an easy way to earn money,
I stop advising them since they ignored it when I was just starting and doesn't earn huge from it they only got interested when they saw that I was making some fortune from it.
So that is when I decided to stop because people would only want to do it once you succeed and they would think that it is easy and so lazy to learn how you did it .
I stop advising them since they ignored it when I was just starting and doesn't earn huge from it they only got interested when they saw that I was making some fortune from it.
So that is when I decided to stop because people would only want to do it once you succeed and they would think that it is easy and so lazy to learn how you did it .
there is no other better time for newbie to join than now, the earlier the better.i also thought in was late when i started two years ago but now i have made a reasonable rank appreciating piucking up without delay. then it was even still easier to get to a higher rank than now.
I advise beginners to enter bitcoin investment now, because prices have the potential to continue to rise high. Indeed, the price is expensive, namely today has reached USD 8,211, but waiting will lose a lot of time to make a profit.Bitcoin is predicted to reach a price of USD 20,000 in the not too distant future. I think the achievement of this price is in December 2019 or 2020. I believe because bitcoin has been allowed to advertise on Facebook again, and some big media certainly don't want to miss the momentum from Facebook. It's only a matter of time that allows bitcoin to advertise. The impact is enormous because it involves the belief that investing in bitcoin is a good choice.
Jump to: