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The general sentiment of the market is getting very positive on Bitcoin as it is experiencing some upward movement. A lot of people are expecting that Bitcoin will soon breach the $6,000 level and can possibly go beyond that level in the coming weeks and months...and there are those already predicting of $8,000 or even $10,000 before 2019 ends. I know this is just another speculative notions but this can be reflective of the ongoing confidence the market has on the King of Cryptos.
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?
It is never too late to enter bitcoins. Even now, it might be a high time to enter into bitcoins as we can see high volatility and price gap in-between 24 hours gap which might really seem much attractive for the newbies. Newbies would actually enter the bitcoin markets in these situation with greed in their mind and expecting the bull markets to arrive as soon as they buy their first coin.
This might not give them profits but just anxiety to lose their funds. It might be good if newbies could enter the market where they need to hold on the coins for atleast 1-2 months to gain any profits. Current markets might not be profitable for newbies who would use less brain and would more believe on the FUD's.