Topic: Will You Advise Newbies To Enter Bitcoin Now? - page 26. (Read 34385 times)
I wouldn't want to get blamed. I'll try to explain the pricing and let him decide whether he want to buy now expecting and increase later or if he'll wait for a decrease (though I don't think it'll be dropping back to 3k within this year).
I will not advise them to enter now,i will advise them to learn something from bitcoin and let them understand what bitcoin is totally,they will surely gain interest and if they did what i said to them to study they will surely enter bitcoin at the right time and at the right price
I also never advised them because this is not a reasonable advice for them, as a newbie, they need to read more about the information and what they can face when investing and participating in bitcoin, and they need to have self-awareness and responsibility for this problem. We cannot help them make decisions because they cannot rely on us forever, investment is a war, we can help them once or twice but we cannot help them during this battle, they need to exist without our support, if they cannot overcome these first difficulties, they will not be able to grow in this world Instead of advising them to join in Bitcoin during this time, I think it's best to share some information on how bitcoin works so they won't regret their decision to enter cryptocurrency.
I would advise them to seek knowledge about it first before they decide to invest.
Everyone has the right to enter Bitcoin but as bitcoiners,
we should help newbies to make the right decisions and actions.
We need advice to the newbie and its very important, because if once you advice they will get conscious on bitcoin. And tell them that if enter bitcoin theres a lot of profit they earn and it gives many advantages. Let them know that the price is increasing and very useful. Even if they are not so interested we sure they enter if they will know a lot about bitcoin. I would advise them to seek knowledge about it first before they decide to invest.
Everyone has the right to enter Bitcoin but as bitcoiners,
we should help newbies to make the right decisions and actions.
I will not advise them to enter now,i will advise them to learn something from bitcoin and let them understand what bitcoin is totally,they will surely gain interest and if they did what i said to them to study they will surely enter bitcoin at the right time and at the right price
This is only a guess but i think that bitcoin will go high. Maybe not this month, maybe not this year, but it's a long-term investment, because of the huge development of bitcoin. There are many factors indicating that bitcoin is growing, and i'm not talking about the price directly. The price is just the reflecton of actions the whole crypto system is making, but the crypto industry is growing and won't stop. We're in the middle of something bigger than just investments, i truly think that cryptocurrencies can change our world. Bitcoin won't be king forever, but for a long time - yes. So, summing up, i would advise anyone enter not only bitcoin but cryptomarket as a whole, not only by investing in it but also following the news, and trends that are spreading all over the world
A suggestion maybe but advising someone hmmm, its more likely you are forcing them to invest on bitcoin.
IMO I think it is a good time to invest on bitcoin now but its not the best because the best to buy have already passed when it reached $3k but still we dont know what will happen it may drop but also it may go higher.
IMO I think it is a good time to invest on bitcoin now but its not the best because the best to buy have already passed when it reached $3k but still we dont know what will happen it may drop but also it may go higher.
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I always say, invest a small amount and get your foot in the door, if it goes to the Moon, you make a huge profit and if it tanks.. then you only lost a small amount.
I always say, invest a small amount and get your foot in the door, if it goes to the Moon, you make a huge profit and if it tanks.. then you only lost a small amount.
But let's be realistic
, you won't make a huge profit investing small amount in BTC. Yes, Bitcoin can rise threefold within several months, but hardly more than that. If you invest $100, you earn, what, $200, is that a huge profit? But if you meant waiting years, I'd rather agree with you, because I think thirty-fold and even forty-fold increase from today's price is possible in the long run. 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 right. Not just because the price of Bitcoin is slowly rising up once again, it will be the right time to encourage newbies to get along to join the crypto community and start purchasing Bitcoin as well as other cryptocurrencies in the market. Still, wise individual will do research at first before entering into something. Better let them discover it since Bitcoin is still popular as of today so let them do the action to decide if they will get into purchasing Bitcoin right now.
Let a newbie understand first how the blockchain technology works and what is cryptocurrency. If they put an attention and been able to voluntarily seek help with us. Then that is the time we have to give advices and help them with their journey. It is easy to understand the bitcoin's price since it is volatile but it is not necessarily to introduce bitcoin based on the current price. It will just lead them to confusions and vague.
Willingness to enter cryprocurrency is a good sign that they are very interested to learn.
Willingness to enter cryprocurrency is a good sign that they are very interested to learn.
I think I will advice them to enter now, judging from the market trend and the feedback from several companies, bitcoin showed a great performance and got a big potential to rise again, if the price is not going up now, in the long term we will see bitcoin price going up, but I will also let them know about the risk, so they can prepare their mentality when something goes wrong
The present condition of the market is quite impressive and i think this price will grow even mord in the following days.This could be a great entry for newbies but they should see to it that they will make a wide study first on the crypto market and know the risks in it before making such investments.In this way,they can be more aware on the do's and dont's of crypto investments. 
I think at this point in the crypto ecosystem, anybody entering a buy should do his or her own research and not rely on speculations. Speculations might be wrong and misleading.
Yes. Research is still the best thing to do particularly for newbies who are not yet aware of the market price fluctuations. If they think they will be able to make profits with this positive market, then they should stand for it and not just believe on other's speculations. I know the market has seen a growing price but we should let them decide on their own based from their own studies and research.
I think at this point in the crypto ecosystem, anybody entering a buy should do his or her own research and not rely on speculations. Speculations might be wrong and misleading.
Yes. Research is still the best thing to do particularly for newbies who are not yet aware of the market price fluctuations. If they think they will be able to make profits with this positive market, then they should stand for it and not just believe on other's speculations. I know the market has seen a growing price but we should let them decide on their own based from their own studies and research.
Sure i would advise Newbies to join Bitcoin now. Why shouldn't you?
Just because price is changing rapidly doesnt mean we have to block newbies to enter.
It makes it even better as they could become new investors
Just inform them how Bitcoin price affects everything and how / when / why it can change by time.
Just because price is changing rapidly doesnt mean we have to block newbies to enter.
It makes it even better as they could become new investors
Just inform them how Bitcoin price affects everything and how / when / why it can change by time.
I think at this point in the crypto ecosystem, anybody entering a buy should do his or her own research and not rely on speculations. Speculations might be wrong and misleading.
I think I will advice them to enter now, judging from the market trend and the feedback from several companies, bitcoin showed a great performance and got a big potential to rise again, if the price is not going up now, in the long term we will see bitcoin price going up, but I will also let them know about the risk, so they can prepare their mentality when something goes wrong
Yes I will guve advise to take the opportunity to invest in bitcoin because now is the right time, but I can't force them to invest in bitcoin giving advise to them is enough to made decisions what is right or not for them.
Basically I would never ask them (beginners) to enter the market without basic knowledge. Even though it looks potential but still the crypto world is very full of risks.
You just have to let them know about crypto but not totally push them to invest and say they losing the chance to buy it the lowest. Crypto is very risky and need those who are determine to take the risk and wont blame those who ask them to do invest. It is good to advise them about crypto for them not to be late knowing about it.
Many new people enter into bitcoin daily if they don't then we can't actually say bitcoin is getting popular, Anyone can enter into bitcoin at any time as long as they make proper research before entering.
I only advise new people to enter bitcoin to invest in it, only if they believe in its cause and they would have to look it up and research it and know what it is all about, because if you plan on going into crypto only for profit that you will only be meet with misfortune, maybe you invest now and the price goes down and you find yourself losing money and because you think only about them money than you quit it, a lot of people who joined bitcoin in 2017 when it reached 19k only for profit found them selves losing a lot of money because they are greedy, so only invest if you believe in bitcoin.
From my little experience in the crypto space I will not advice anyone to invest in Bitcoin right away. Every time I am having opportunity to introduce Bitcoin to my people I tell them to start by learning crypto currencies. In that way, the person will know what he or she is going into. Most importantly newbies should be advised to detach their emotions from their crypto investment
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