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Author Topic: All times are good to enter crypto - Tim Draper  (Read 20595 times)
richardeames
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February 21, 2019, 08:34:52 AM
 #281

All times are good to enter the cryptocurrency market. - Tim Draper
Do you agree with this guy? All I know is Mr. Draper is a billionaire, huge bitcoin bull and a venture capitalist.
I kinda agree with him when I look at the bitcoin inform of investment vehicle for long-term, not just hit and run kind of investment.
What y'all got to say about this?

https://i.imgur.com/wKhBVVF.jpg

IMO, timing is very important to consider. When you're putting capital to crypto with goal of raising $ value on random ocassion you're betting on a succesful $ value appreciation over the long timeframe which really a risky business. A lot of past calls made by these 'experts' are proven to be false which indicates that their guesses are as good as ours. Still, constant learning is the best way to get any outcome we want wit our investments.
chaintee8989
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February 21, 2019, 08:57:39 AM
 #282

According to the crypto legend, bitcoin will replace fiat money in the future, and it will be everywhere in two years.
When JP Morgan announced to issue their coin JPM Coin, the venture capitalist stated that it is great to move and will draw the attention to the cryptocurrency in general.
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February 21, 2019, 12:50:16 PM
 #283

I do not think that all times are good for Cryptocurrency investment.
I wouldn't advice my friend who plans to hold for just shirt period of I'm to buy a coin even when the pr8ce had pumped already, I'd rather he wait for the dip and buy.
But a friend who is in for the long term , maybe from 5years and above, I can tell him to buy at any time.

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February 21, 2019, 01:10:45 PM
 #284

I partly do not agree with what Tim Draper said. If the price of bitcoin for example reached the top like $25,000-35,000. I will not enter cryptocurrency for sure. All times are not good times. In fact, if you are smart enough you will enter the market not in the peak buy in the bottom of the market.

I would consider it like this that during the bear market anytime is a good time to buy the coins as it a available  at the cheap rates and once the btc bounces back you will not get that price back and will have to spend huge more to buy it .
Bear season is the best time to stored potential coins knowing that it have a huge growth percentage when pumps started but somehow many losing this chances as they think negative of its future. And now the market uplift in few dollars but it is big enough to gain profits we have bought it during bear season.
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February 21, 2019, 01:57:12 PM
 #285

not all time but ya it is always good to invest in crypto rather than going for other asset as for similar interval time crypto will give high return ,bear market is good time to buy mainstream crypto as they will bounce back as manipulation is over.for general people they can invest in any time but not in insane bull scenario as it will always lead to loss .
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February 21, 2019, 04:27:25 PM
 #286

Good if you keep your all time on crypto because you got focus when bitcoin at higher or lower price, always get positive news with bitcoin and make price on higher, you have keep enter with almost your time with bitcoin and cryptocurrency.
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February 21, 2019, 08:13:27 PM
 #287

All times are good to enter the cryptocurrency market. - Tim Draper
Do you agree with this guy? All I know is Mr. Draper is a billionaire, huge bitcoin bull and a venture capitalist.
I kinda agree with him when I look at the bitcoin inform of investment vehicle for long-term, not just hit and run kind of investment.
What y'all got to say about this?
It depends upon the situation you are in, if you see bitcoin as a currency you can invest in it anytime and make a transaction, but if you are looking as an asset then you should be careful when you invest, the market situation is important when you invest and not to invest when the market is rallying at the top, the best time is always when the bear holds the market down and wait for the long haul, you will end up in profit in the next bull run.
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February 22, 2019, 01:59:04 AM
 #288

keep focus in bitcoin almost all of your time give you big chance how to take control with bitcoin and altcoin price time by time, when you focus on time at bitcoin you will know when you have to buy and sell bitcoin and get much profit.
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February 22, 2019, 02:32:48 AM
 #289

in my view he is right, this applies if you are an expert in this field. I'm not saying he's wrong, because some people also do analysis where when entered in the crypto market, these people tend to enter at the bear market and determine the deepest value, then they got profit from crypto market trading.
I mean, try to imagine if beginners don't really understand the market, indications of movement, volume and others. they enter the crypto market and buy some even though they enter the market during a bearish market.

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KennyR
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February 22, 2019, 06:54:05 AM
 #290

All times are good to enter the cryptocurrency market. - Tim Draper
Do you agree with this guy? All I know is Mr. Draper is a billionaire, huge bitcoin bull and a venture capitalist.
I kinda agree with him when I look at the bitcoin inform of investment vehicle for long-term, not just hit and run kind of investment.
What y'all got to say about this?
It depends upon the situation you are in, if you see bitcoin as a currency you can invest in it anytime and make a transaction, but if you are looking as an asset then you should be careful when you invest, the market situation is important when you invest and not to invest when the market is rallying at the top, the best time is always when the bear holds the market down and wait for the long haul, you will end up in profit in the next bull run.
Majority of the users give preference to bitcoin as a investment rather than a transaction source. Unlike the market it is good to enter into crypto, it is our responsibility to have a good learning about the market and invest. If the investment is made in the bear market it requires patience to get back the profit. If the same is done when the market is to grow can get back the return in short. But these weren't assured to happen at specific time period which makes crypto riskier.

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February 22, 2019, 01:37:19 PM
 #291

in my view he is right, this applies if you are an expert in this field. I'm not saying he's wrong, because some people also do analysis where when entered in the crypto market, these people tend to enter at the bear market and determine the deepest value, then they got profit from crypto market trading.
I mean, try to imagine if beginners don't really understand the market, indications of movement, volume and others. they enter the crypto market and buy some even though they enter the market during a bearish market.
That is what makes beginners more at risk of losing, because when the market is bearish then people will compete to enter because there are many news that say the crypto market has a high value. Whereas in reality the market is easy to crash whenever it will be a big panic happen for new investors. But when they find out about the character of the crypto market and crypto potential in the future, then they will remain calm and will make the decision to keep holding it, if this happens then it is true, all times are good to enter crypto if indeed he plans to hold it for the long term.

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February 22, 2019, 02:01:48 PM
 #292

I partly do not agree with what Tim Draper said. If the price of bitcoin for example reached the top like $25,000-35,000. I will not enter cryptocurrency for sure. All times are not good times. In fact, if you are smart enough you will enter the market not in the peak buy in the bottom of the market.

I would consider it like this that during the bear market anytime is a good time to buy the coins as it a available  at the cheap rates and once the btc bounces back you will not get that price back and will have to spend huge more to buy it .
right, during the berung market, it will be easier to invest, but it needs courage, because not necessarily it is the basis of price, so a good strategy will reduce your risk
because now is a good time to enter the market because the prices of coins are still cheap and low. so now it is an opportunity for you to get high potential coins at a low price and you can buy lots of course to be made a very good investment to get a big profit

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February 22, 2019, 02:21:52 PM
 #293

I am not referring to the issue of investment in term or short term investment, but I always agree with him. With an intelligent investor, they need to be ready to enter a risk-free and decentralized financial market.
The crypto market always welcomes investors and always wants them to be rich based on their investments, but all depend on investors.
The market is always good when an investor is willing and has a wide knowledge in the investment field. When you are ready and anxious to get rich, you will easily make money at any stage of the market.

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February 23, 2019, 07:55:07 AM
 #294

Every time is a good time to enter crypto, i agree to that but one must enter with caution and never enter with the mindset of having an immediate reward it is a long term investment, trade with few coins to gradually master the market to avoid big loss.
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February 23, 2019, 08:48:52 AM
 #295

According to the crypto legend, bitcoin will replace fiat money in the future, and it will be everywhere in two years.

Lol i want to know who is that legend you are talking about  . i believe he is only joking right  ?  Bitcoin cannot possible work offline and if we dont have fiats . what do you think we will use to transact ?

Now back to the original topic  . i disgree on what tim  said  . not all times the market is in bear  .  

if the price was in ath does he think anyone can afford it ?  Hell no  . he can only afford it because he is already wealthy but for us poor individuals we are all waiting for the atl's  .
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February 23, 2019, 10:22:36 AM
 #296

Every time is a good time to enter crypto, i agree to that but one must enter with caution and never enter with the mindset of having an immediate reward it is a long term investment, trade with few coins to gradually master the market to avoid big loss.

If you think of a long term position then every time is a good time to enter. If you are interested in short term investments or you are interested in trading then every time is not the correct answer to this question. Tim Draper just tries to create a positive climate and promote the cryptocurrency market but this statement is not based somewhere.
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February 23, 2019, 11:01:55 AM
 #297

There are good times to enter crypto and better times to enter this market. I think that we will see better times to enter this year than these days, but in the end we will all see who was right. Also, I do not think that good enter is at around 20k$ or 10k$, prove me wrong.

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February 23, 2019, 05:41:49 PM
 #298

All the time is good for entering the crypto market. because in the crypto market, not all coins have decreased, even when the bearish market even those who understand price movement analysis will say that a good time to enter the crypto market. It all depends on our decision, if we believe and understand about crypto then we will not hesitate to enter the crypto market.
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February 23, 2019, 06:24:25 PM
 #299

What is believe is when you are enter into an investment it will not be a big matter for me because investment always not a big thing but the main problem is how we can sell or exchange the investment at the correct time so the decision is always needed for long term that's the correct way to make the profits stable.
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February 24, 2019, 03:59:32 PM
 #300

It depends. When the crypto market is in bearish condition[just like what we're experiencing from who knows] because that's when some or most of the cryptocurrencies were much cheaper. Here, it is very possible that you can acquire an enormous profit in the long run.
And also when the market is still in a slightly bullish situation[prices just starting to rise] and you have enough fiat to purchase your favored crypto's then go.
BUT when the market is on its full swing or when the great bull finally arrived and stayed[that's when the prices were 4x, 5x, etc higher from the bottom], i do not recommend not even thinking of entering the crypto market. This is of course with the exemption of something like you have many fiats to spare and you can afford to lose that much money if ever. In this market circumstance, the probability of losing your capital is extensive and gaining profit is just so so ...

Do remember that, investing in cryptocurrency is full of risks and the volatility is very much unpredictable. You may win some, you may lose some. No one except you can take responsibility for your would be decisions so please think it through before you do.








 

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