I also want advice from the experienced people about this. Now, should we like to enter the new Bitcoin investment? I think this is the best time to enter Bitcoin. Bitcoin prices have increased a lot and many people say this price will increase further. So I think it's a good time to enter Bitcoin now. Still, I want the opinion of the experienced people what they say?
Topic: Will You Advise Newbies To Enter Bitcoin Now? - page 24. (Read 34385 times)
I advise all of my newbie friends on social media who are searching for an investment opportunity starting from last year 2018 to start investing in crypto before the new bull run occurs some are got interested but majority are hesitant to put their hard earned money and I understand but I told them just invest a little by little amount like $20-30 every payday and they will see once value increases over time they will not regret.
i have fried got interested in bitcoin mining recently but i told them just buy bitcoin and hold instead
it not late for newbies to enter bitcoin even the price rise recently in my opinion its still cheap
and in the next few month it might rise more
it not late for newbies to enter bitcoin even the price rise recently in my opinion its still cheap
and in the next few month it might rise more
I advice them to go buy some bitcoins on the day it reached the bottom $4K for about the third quarter of 2018. It can also be a good start now since its on its way up and it just takes its first step fro the 5 step ladder. Theres no perfect time if the person really wants to profit from anything. Its just a matter of patience and hard work.
If we believe that Bitcoin and the cryptocurrency in general will exist for a long time, then it will not be too late for beginners to join the cryptocurrency for a long time.
Cryptocurrency is still only ten years old and it will still be developing for a very long time, and we don’t know what it will be at the end of its development. Therefore, it is never too late for anyone to join it.
Cryptocurrency is still only ten years old and it will still be developing for a very long time, and we don’t know what it will be at the end of its development. Therefore, it is never too late for anyone to join it.
Well, I don't think it really matters the time when a newbie enters the crypto market because at a certain point he will have to face this problem and I think it's better to learn how to handle it from the beginning so that in the future he will have no problems. A newbie will anyway face all kind of situations and he/she has to go trough all of this because that's the only way to learn from mistakes.
For me I will advise newbies to use Bitcoin for their transaction of goods and services but I will never advise them to invest in it. Bitcoin investment has a lot of risks attached to it. If you don't really understand how the Bitcoin ecosystem works or operates, you will end up losing your investment capital.
Right.Bitcoin investment is really risky so i will advise him to make researches first before making such decisions.Newbies should have studied the market well so that they will understand more about crypto market and its price charts.And when they have made up their minds,they can start investing even if the price market is high.For sure they will still gain profits much doubled or tripled with the capital they have invested if ever this market will be heading into a bull run after few days or months.
For me I will advise newbies to use Bitcoin for their transaction of goods and services but I will never advise them to invest in it. Bitcoin investment has a lot of risks attached to it. If you don't really understand how the Bitcoin ecosystem works or operates, you will end up losing your investment capital.
This is not the right time to tell them to invest in bitcoin or buy bitcoin now because the price of bitcoin still can't be ascertained whether it will go up or down, because if we tell them to buy bitcoin now and they don't know bitcoin it is just useless if they don't know about bitcoin and they only buy bitcoin and sell bitcoin without seeing bitcoin going up what goes down for things that are very detrimental to them so, this is not very time but for those beginners who want to buy bitcoin now
Sometimes in 2017 before the bull run begins, I replied to someone asking in the facebook group, he asks for some advice to buy bitcoin.
I tell him, no you don't buy it now, I said that because we hit another ATH I think? like 2k-3k..
Fast forward a few months later, we got a bull run, the biggest one we got, any alts pumping right and left.
Also in the past I used to tell my friend to buy some altscoins, you know something that I think at the time will make me rich, he didn't buy and the alts I was talking about become dead, the dev abandoned the project.
From that story, you can see that I don't know shit. So if I found a newbie and asking for advice, I will tell him he can lose all the money he has and I can't give him any advice, you must do your own research.
I tell him, no you don't buy it now, I said that because we hit another ATH I think? like 2k-3k..
Fast forward a few months later, we got a bull run, the biggest one we got, any alts pumping right and left.
Also in the past I used to tell my friend to buy some altscoins, you know something that I think at the time will make me rich, he didn't buy and the alts I was talking about become dead, the dev abandoned the project.
From that story, you can see that I don't know shit. So if I found a newbie and asking for advice, I will tell him he can lose all the money he has and I can't give him any advice, you must do your own research.
I don't think so. Well, I do want some of the people here to use Bitcoin but the thing is that they are new to technologies that even turning a phone silent is a problem for them. It will be a long headache teaching them how to open exchange and sending a Bitcoin to a certain wallet. I did introduce Bitcoin to them but I think that is how far I will go.
Well, we will teach newbie, we are not teaching of kid. Now every one is intelligent who is already working on internet. We should build trust on people that bitcoin or altcoin, these are good investment now and also in future. When anyone enter on it then definitely people will try to get knowledge about bitcoin.
I don't think so. Well, I do want some of the people here to use Bitcoin but the thing is that they are new to technologies that even turning a phone silent is a problem for them. It will be a long headache teaching them how to open exchange and sending a Bitcoin to a certain wallet. I did introduce Bitcoin to them but I think that is how far I will go.
for beginners who want to invest in the digital world, there is no harm in trying to invest in crypto money that is growing very rapidly. Everyone can be involved in trading 16 million coins which are currently circulating in the market. there are some suggestions that I want to convey including:
1. Compile a trading strategy that is Determine the profit target you want to achieve and calculate the risk factors.
2. Start Transactions From Small Transaction Volume.
3. Always time discipline in determining when you have to enter the market and when to exit the market.
4. Control trading psychology "Clever to control emotions".
5. Pay attention to risk management Risk management is very important in trading to minimize losses.
1. Compile a trading strategy that is Determine the profit target you want to achieve and calculate the risk factors.
2. Start Transactions From Small Transaction Volume.
3. Always time discipline in determining when you have to enter the market and when to exit the market.
4. Control trading psychology "Clever to control emotions".
5. Pay attention to risk management Risk management is very important in trading to minimize losses.
I never personally tell people to buy in, now I'll discuss it and what I'm doing but I won't risk a friendship over financial advice.
Could be a option to tell how you rolled into it and what you would do in there position or what your own moves are going to be. That way no hard feelings when it not gos as expected. 
personally I would suggest people to enter in bitcoin not for speculation but only for the idea of a new technology ad a new way of thinking! Anyway 1 btc = 1 btc 
doesn't matter fiat price 
doesn't matter fiat price 
If they can afford to lose then why not?but of course with moderation since the market is unpredictable and anything may change in just a matter of hours
And we must advice them than in this investments more are failure if you don’t focus on the system and the process on how this goes from growth to dumps
And we must advice them than in this investments more are failure if you don’t focus on the system and the process on how this goes from growth to dumps
probably ask newbie to do own long extensive research 1st . if thing go south they won't blame me . At best i attend some seminar and get some book with newbie
That’s the responsibility of everyone so we cannot blame someone from our own mistakes,being knowledgeable is our responsibility and we must be aware of this
Why not, its better to let them face the problem and grow according to their needs then to just ignoring them about this topic. I believe everyone needs to understand what cryptocurrency is and how it actually works. it gives them a clear understanding of money and its power. and they also get a pretty clear idea about the banking system. Maybe newbies are just waiting for this type of chance and because of your ignorace, he/she will lose an awesome opportunity. let them make mistakes and learn even spiderman needs to make mistakes.
probably ask newbie to do own long extensive research 1st . if thing go south they won't blame me . At best i attend some seminar and get some book with newbie
Cryptocurrency investment is very risky if you do not understand how it works, even though cryptocurrency investment is currently good at this time especially BTC. I will not recommend to beginners. I'd better borrow her money for invest and later give me a fee when returning. if indeed there a beginners want to invest maybe I would recommend investing in small amounts first.
Beginners should learn to understand first, they must be able to understand how Bitcoin works. When you understand clearly, a beginner is ready to invest in Bitcoin.
Basically investing in Bitcoin is an easy thing, but it needs knowledge to be able to determine when we take action to buy and sell the Bitcoin we have.
Cryptocurrency investment is very risky if you do not understand how it works, even though cryptocurrency investment is currently good at this time especially BTC. I will not recommend to beginners. I'd better borrow her money for invest and later give me a fee when returning. if indeed there a beginners want to invest maybe I would recommend investing in small amounts first.
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