Quote from: 348Judah on August 25, 2023, 04:22:05 PM

Quote from: HONDACD125 on August 25, 2023, 04:12:14 PM

Quote from: Rockstarguy on August 24, 2023, 12:02:43 PM

Telling newbies not to invest early is not a good advice for newbies, bitcoiners who missed the opportunity of investing early are not really cool with the delay. I should be expecting from you to tell newbies not to rush into investing without knowing what investing in Bitcoin is all about. Some newbies just have in mind to invest to become rich in bitcoin are they rush into it and not having good understanding of how the volatility of the market works, but a newbie that understand bitcoin and the volatility of the market their is not bad if a newbie like this should invest in bitcoin early.

I think newbies should not rush to invest. This advice will help newbies to understand the market and gain awareness before investing in the market. Looking at the current market position, it can be said that this is a great investment opportunity, as the bear season is not over yet. If Bull's season was underway, and the newcomer rushed to invest, it would have been a bad decision for him. Therefore, understanding the fluctuations of the market, knowing about bear and bull seasons is very important. Whether we invest in bitcoin or altcoin, first of all it is important to know about the market and to know the complete information about the coin and its history. There are people who have entered Bitcoin above $50k. Today Bitcoin is trading at $25k. These are the people who were new in the market and did not know about the market. Therefore, hasty decisions lead to losses.

Newbies will invest but not on a rush especially when they aren't used to cryptocurrency network, this also means that they need to take their time to learn first, don't think about them taking advantage of the opportunity in the dip market to rush them into crypto investment or any newly introduced crypto projects, there will always be an appropriate timing to invest when the market entry will be favourable for them to invest since there's volatility in dealing with cryptocurrencies, the market rises and also go dip at any time, which means when they have the knowledge at first, they will be able to have the vigour to remain amidst market dips and will not also fall in the hands of scammers when they are not fully aware of what to do.

Exactly what I mean is that newbies should not rush to invest in cryptocurrency market, and try to learn first. Time is very important to gain experience and learn in any field and those who can find the time are the ones who succeed. I know this is a dip market, and we can profit by entering or investing here. My aim is also to let new people know whether the current time is suitable for investment or not. Bull season, bear season and market fluctuations are all important. In addition, the surrounding conditions also greatly influence the cryptocurrency market and should be monitored. Therefore, it is very important to know all these things to protect your capital, so that you can get good profit.