Quote from: BobK71 on August 28, 2022, 06:59:31 PM

Quote from: pawanjain on August 28, 2022, 04:15:24 PM

Quote from: Sunrise360 on July 18, 2022, 01:35:09 PM

As a newbie one finds it difficult to know the right time to invest. I really want to know if I can actually invest into Bitcoin at this moment.

As a newbie the first thing you should do is look for coins which have huge marketcap and currently the best coins are bitcoin and ethereum.
Currently bitcoin is in a dump and near to it's last bottom price in this dump and so yeah this is definitely a good time to enter the market and take your position.
Don't go for low cap coins as they are risky and highly volatile. Save your capital and invest in bitcoin and keep monitoring until you gain confidence over the months.

Newbies need to know Bitcoin volatility and how it works. So the more you know before investing, the more you can benefit later. And there is no alternative to Bitcoin for investment.
If you have a small amount of money I would say with having the risk you can hold some altcoins. Among them are ether, BNB, metic and sol. These are very good projects for investment. As the bitcoin price reduce to $20k it is the proper time to invest.

Altcoins are more volatile in nature than bitcoin and so investing in any altcoin would be more risky than investing in bitcoin.
So if the individual is a newbie to crypto trading then investing in bitcoin should be the best thing to do.
We keep getting more opportunities in trading and so it is more beneficial to know the crypto market works in the beginning rather than diving in directly into altcoins.