Topic: Will You Advise Newbies To Enter Bitcoin Now? - page 22. (Read 34385 times)
Considering the bull run that is happening, I would like to agree. However, investing involves a lot of risks, therefore suggesting a beginner with zero knowledge of crypto is always a bad idea. The better suggestion is asking him to learn as much as he can about cryptos, particularly its volatility, before diving in. Lastly, investing must be someone's own decision, so if the worst happens, it would be his own responsibility.
Well, absolutely but wont force them to learn it all right away. We must first teach them about Blockchain and how it works and how was Bitcoin made. Encouraging others to learn about Cryptocurrency is a good thing because there might come a time where it will be widely used in every country.
THis shouldn't be an avenue to introduce or advise newbies to enter into Bitcoin becasue you want them to earn equally, but remember that, many of these newbies are fond of greediness and with the increase in Bitcoin price, we are expecting more scammers into the community, so, i will not advise any Newbie to enter now.
Yes the greeediness is the biggest barrier with newbies as when i was the newbie has done lots of mistake with greediness and also another thing is Fearness . If market fall bit because of loosinf investent fear took wrong decision . I surely welcome newbie if they ask to enter crytpo currency . But always suggest them to stay away from quick money scams.
In fact, I would never encourage beginners to get into bitcoin without basic knowledge. Because in my opinion entering the world of crypto will be very risky when we don't have basic knowledge.
THis shouldn't be an avenue to introduce or advise newbies to enter into Bitcoin becasue you want them to earn equally, but remember that, many of these newbies are fond of greediness and with the increase in Bitcoin price, we are expecting more scammers into the community, so, i will not advise any Newbie to enter now.
I agree with your point but not in all way, its not all newbies that are scammers simply because most of the scams in this community are carried out using a newbie account doesn't mean there are no legit newbies any more. I think the topic is all about either to advice newbies to get into bitcoin at this stage of price rise and to me its OK if they have the basic knowledge of the market and have the capital to invest why not they can get into the market at any stage.
THis shouldn't be an avenue to introduce or advise newbies to enter into Bitcoin becasue you want them to earn equally, but remember that, many of these newbies are fond of greediness and with the increase in Bitcoin price, we are expecting more scammers into the community, so, i will not advise any Newbie to enter now.
They could enter, why not. Important thing for them is to have at least basic knowledge about Bitcoin and realistic expectations. If they think they will get rich over night and that is their only goal then better not to enter, not now or ever.
Maybe they would struggle more now than few weeks ago with dinamic situation on the market that we are having at the moment but I guess this is one of the ways to get experience.
Maybe they would struggle more now than few weeks ago with dinamic situation on the market that we are having at the moment but I guess this is one of the ways to get experience.
My advice is don't have so much hope to get rich easily with bitcoin or crypto. It's not instant to get rich or get money from bitcoin. Also please learn how bitcoin and cryptocurrency works.
And don't trust people easily in bitcoin and cryptocurrency world. With the current condition on bitcoin market, many new people will start knowing bitcoin, so be wise about your money.
And don't trust people easily in bitcoin and cryptocurrency world. With the current condition on bitcoin market, many new people will start knowing bitcoin, so be wise about your money.
We will geting hard job to advise newbie here when don't know how bitcoin work. Estabilish price on the next can make them FUD and panic sell without strong hand to hold a day by day. Just one thing before do it is give newbie knowledge and make they believe bitcoin as future of payment.
I think we should appreciate to newbie, instead of it that we say bitcoin is hard work. You and me also are here in this field then why not newbie will come. Now time is very fast and everyone is fully know about internet working, then I think it is good platform where people could earn in sit on house and it is good opportunity for jobless people to get information about bitcoin.
We will geting hard job to advise newbie here when don't know how bitcoin work. Estabilish price on the next can make them FUD and panic sell without strong hand to hold a day by day. Just one thing before do it is give newbie knowledge and make they believe bitcoin as future of payment.
It may be very appropriate for beginners to invest in crypto coins and especially invest in Bitcoin. Bitcoin's selling value is rising and is currently $7803. When in this period a beginner enters the crypto and investing, of course, will make the trading volume bigger. So to generate profit will be easier.
The way BTC is rising, there is hope of it still rising and investors making profit when they buy some. But investment decision is a personal one and should be taken by each individual if they deem fit.
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.
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.
As we can see, the level of $ 8000 has already been reached. It is likely that we will be able to reach 10 000 dollars. I think that if you buy bitcoin in the long term, you can do it now. But if you want to make a quick deal, it is best to wait a little and catch the price rollback.
A good chance for people to still make money as it will cross 10k mark as well in coming time so better not to miss this ride as people have already missed it if they had not bought at previous levels . So a good time still exist for the market to rise .
As we can see, the level of $ 8000 has already been reached. It is likely that we will be able to reach 10 000 dollars. I think that if you buy bitcoin in the long term, you can do it now. But if you want to make a quick deal, it is best to wait a little and catch the price rollback.
Many of answers showing about this point, I also add something! I think I can give advice anyone, but it not means that they are not able to make any decision about their confidence! if anyone newcomers wants to involve with bitcoin then I just suggest them get your some time over market research and analysing before trade some bitcoin, and keep on eye over bitcoin market.
With the recent growth of bitcoin in the last few weeks, I believe that this is the time for anyone including the newbies to invest but one must also caution them that there is a great chance of them losing money since every investment is risky in the end.
I do not think telling a newbie about the price is a thing at all. why will a newbie care about the price in the first place? I will surely tell a newbie to get more knowledge about the markets and trading before getting into one of it.
A newbie should not invest into bitcoin and should not trade at all except they are ready to lose money and classified bitcoin as gambling or a ponzi scheme! I have said this here before that " to become a successful trader or investor in cryptocurrencies and bitcoin you must be skillful and professional" newbie may not know were bitcoin is coming from after the long term bearish market we witnessed in 2018 , and we should not encourage them to invest in bitcoin in the middle of bull run as we don't really know the major reason behind the current bullish trend except the technical setup. 
The increase in price should not be a reason to start btc trading. Because, thinking that this increment would be continuous, there was plenty of loser. Better yet, begin by understanding what it is, what nature it has.
Beginning of trading should always be with the basics. Here the basics can be knowledge from stock market trading or commodities - at least some idea about how speculative markets works should be there. Complete newbies are going to get scammed easily if they enter crypto. Secondly the rising price is a wrong time to enter. It draws a hype but that is not the proper time to invest in. Rather the time when prices are going down and remain less active on social media buzz is when you should buy it.
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