Topic: Will You Advise Newbies To Enter Bitcoin Now? - page 7. (Read 34385 times)

Though the price of bitcoin rose from $3,500 to $11,500 in just 6 months, it is not too late to get bitcoin. Since its price is expected to get higher in the coming months, don't miss the opportunity. As experts always saying, it might rally to reach $20,000 this year.

I don’t like to give advice someone about what to do. It’s a huge risk and i wouldn’t want to put myself in that position. People should make their own decisions if they wanna enter the crypto market, this is the healthiest way.

if I'm of course bro. always encourage beginners to put a portion of their money in bitcoin or altcoinstlaks bro. my goal is that they can have experience with the digital world of bitcoin.

Never advise anybody to enter into cryptocurrency investments. This market is very volatile and don't be deceived at the current upward trend that you see mate, it can decide to go down at any point in time. I think it's best if you introduce them to it so that they can learn more about it before investing at their own will but not necessarily advising them to do so.

if a beginner has enough money, he can buy Bitcoin and ethereum with peace of mind, at a minimum, to supply these coins for long-term storage.  And then, while waiting for an improvement in the cryptocurrency market, you can study the cryptocurrency and the cryptocurrency market.

It is better to be clear for them what exactly will possible to happen to them once they'll be in crypto investment. Let them think of it and they don't need ti assumed that everything will be fine at this time cause to see prices are high the more risk we might have.
Giving them some sort of ideas and realistic outcomes will help them to understand and not by forcing them to risk their time and money in crypto.

yes, I would encourage Beginners to Enter Bitcoin now, because I am sure of the future of bitcoin.

First of all I will give a briefing for him, because to invest in bitcoin is not easy and not as easy as turning hands, of course directing to notify the system that is on bitcoin and blockchain because they have to know the inside and how it works, if we just tell him the person and will make the person, get a loss. not the benefits that can be the opposite, of course, which will be labeled bad bitcoin ...

At least tell them in more detail, if telling only half and half of it would make the person confused ...

It is essential to share some information about bitcoin on how it works before the newbies become non-noob and do not regret their decision. But I think it would be great if newbies enter the world of digital currency.

Bitcoin is the first ever cryptocurrency that started it all. It is a digital or virtual currency designed to work as a medium of exchange. Cryptocurrency could be an active online currency exchange. However, buyers buy bitcoin with the intent of investing much as they would with stocks.

How Are Bitcoins Used?

Bitcoin is a means of payment for goods and services. One can buy bitcoins from any cryptocurrency exchange such as  Coinbase. Once you have earned Bitcoins, there are ways to lend them out and make interest. There are even ways to earn bitcoins through trading.

What Are The Risks?

There's high risk as well as various opportunities with Bitcoin.

Bitcoin is relatively new, and its value is very volatile and can change significantly daily.

What Can You Buy from Bitcoin?

Today more business places and online stores are adopting Bitcoins as a valid payment medium. Credit cards can be linked directly to Bitcoin wallets and are respected anywhere as a standard credit card.

1.Travel: Booking Flights, hotels, Expedia, CheapAir, and BTC TRIP; all these travel platforms accept Bitcoin payments.

2.Online Products & Applications: The largest footprint Bitcoin has made in online retailing. Major online retailers accept bitcoin payments and even gift card companies like eGifter too agrees with the Bitcoin payments.

3.Gold & Silver: Once your Bitcoin currency is reflected in your wallet, you can buy gold. Companies like JM Bullion, GramGold, and APMEX, provide the option to make payment through Bitcoin wallet.

Also, here's how the bitcoin transactions work, if you want to know.
https://www.altcoinsidekick.com/bitcoin-basic-blog/behind-the-scenes-of-a-bitcoin-transaction

BSV is better than bitcoin, there is no need to think about the Commission, in the wallet there is not even the possibility to change it, it is always a 1 satosh per byte

Satoshi not wanted to limit the block size, it do not need to be proved  

BTC still expensive due to the network effect, but then people will wise up and go into BSV  

+ BTC developers are bad, still don't have a cold wallet for the phone , but BSV has. That alone proves that Satoshi is Craig Wright.

I think its the best time to teach them about bitcoin while the market are blooming. I think if we wanted crypto to be big, we need to spread the world about it and to teach people about it is a wonderful thing to do, i do think its good to teach people as long as they do wanted to learn.

In general, investing in Bitcoin is a great idea. The only thing worth paying attention to is the entry point. I think that for example today, 06/24/19 this is not the best idea and soon Bitcoin will adjust its price. But this is just my guess, there is also the possibility that there will be no correction. So do only what you see fit and conduct your own analysis.

If they have sufficient capital, it doesn't hurt for newbies to join in the bitcoin game. Even though it's a newbie, but if you have a strong learning mind, it's very possible to make a profit. Newbie can start investing bitcoin from a small amount and increase the amount of investment along with increasing ability to play bitcoin. I am sure that if a newbie has the determination and hard work in pursuing bitcoin then they will get a huge profit.

I advise everyone to enter the world of cryptocurrency. There are so many wonders to discover and a superior type if payment methods. These can also count as investments or "stocks" as the coins have individual value.
I would just recommend taking it slow and diversifying. Do not spend too much keep it to money you can afford to lose. Play around with it. Then when they ready it is time to move to the big games. All these reasons and more are why I think that newcomers should be involved. No need to be afraid if you are prepared and only work with smaller amounts of crypto.

Newbies don't have luck of knowledge so if someones asking if they safe to enter the market now. I probably say yes but I warning it and giving advice that entering bitcoin is risky even the market now stable.  Entering someone to the bitcoin is getting help to the community to grow and to grow the value of the bitcoin too so more newbies will invest high value of bitcoin will come.

If you will ask me if I will advise them to enter Bitcoin now, I will definitely say yes. Bitcoin is cheaper now and there is a lot of time to study the basics before it boom again. I am very positive that Bitcoin will really make it to the top again, no specific time but if you join now and it doesn't boom, what will you lose? And if it booms? I think you lost everything. The chance to get a huge profit.

It seems to me that it is never too late to invest in cryptocurrency. And if you take the current position of Bitcoin, then it is still far from the maximum well that was in 2017.  So welcome to investing in Bitcoin.

Well, we have different perception when it comes to inviting new users for bitcoin though we think that new invites will be beneficial to bitcoin. Yes, it indeed but we are putting the new invites into risk to which they should learn it first prior to let them join and invest in cryptocurrency.

Yes, I will advise newbies to enter bitcoin now considering the continue increase in price, with these trend I can say that the bull run is already around the corner so it is not late yet for newbies to take advantage while the bull run is still coming, but it still depends on them if they wanted it or not.

It's a mater of choice. I started bitcoin when the market was down too low. So look at it now,bitcoin has skyrocket. You can start bitcoin anytime whether its booming or not. Always have such believe that you gonna make profit with profit