Beginners who are still panicking when the price drops did not understand how Bitcoin is before they buy it, it is good to make them understand so that they will not panic or try to rush and sell their Bitcoin, however, as a beginner, before you invest in Bitcoin, you should know what you are investing in; no one will say that he or she does not understand bitcoin before they invest in it.
Most newbies don’t always have proper knowledge about bitcoin investment before they go into it. When bitcoin price is dropping, there is no way you can stop newbies from panicking, they will definitely be scared, even if you explain to them that they should keep on holding, and bitcoin price is going to bounce back, most of them won’t listen, some of them will end up selling, but with time they will understand how things work. Similar thing happened to me when I started investing in bitcoin, but with time I got to know how things work.
Before investing in bitcoin, just take your time to check bitcoin price history, you will know that even if bitcoin price drops, then with time it’s going to bounce back, and we should panic that bitcoin price is already high. If you don’t invest now because you think bitcoin price is high, then in the next 10 years, am sure you will end up regretting why you didn’t invest now.
When you want to teach a person that have never fished before on how to fish, it is good you demonstrate and show the person the best net and hook to use to catch fishes. It is also wise to show the newbie what river to go that he can get fishes without much pressure.
This is how to help someone learn what is required to fully understand Bitcoin is different practical ways. I blame people that will also complain that newbies are not listening to what they needed to do that will help them understand Bitcoin without too much weakness.
Investing in Bitcoin does not need took much books to read to understand the necessary things and steps to take so as to become an investor. Capital is needed, wallet is needed and knowledge about Bitcoin. Number thing a newbie must understand is that
Bitcoin is the ultimate and not shitcoin can be compared to it. Bitcoin is safe to hold, decentralized and also an asset.
Newbies ought to buy Bitcoin and no other cryptocurrency so not to confused them that cryptocurrency contains Bitcoin and shitcoins that are created to enrich project team alone.