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Author Topic: All times are good to enter crypto - Tim Draper  (Read 20595 times)
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December 13, 2018, 09:51:36 PM
 #81

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?
That is only true if you are willing to hold your coins even when the market is going down, those that bought bitcoin at 20000 still had a chance to make profits if they were willing to hold their coins for a decade but they wanted fast profits and so they lost money, so a better strategy is to wait until the market is crashing, like what it is happening now, and buy bitcoin.
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December 13, 2018, 09:58:03 PM
 #82

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?
That is only true if you are willing to hold your coins even when the market is going down, those that bought bitcoin at 20000 still had a chance to make profits if they were willing to hold their coins for a decade but they wanted fast profits and so they lost money, so a better strategy is to wait until the market is crashing, like what it is happening now, and buy bitcoin.
Let's be real, it's only true if you're born rich and don't need to work for money.
For your average Joe, losing all his life savings in crypto is not a bright idea.

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December 13, 2018, 11:19:13 PM
 #83

That is only true if you are willing to hold your coins even when the market is going down, those that bought bitcoin at 20000 still had a chance to make profits if they were willing to hold their coins for a decade but they wanted fast profits and so they lost money, so a better strategy is to wait until the market is crashing, like what it is happening now, and buy bitcoin.
Let's be real, it's only true if you're born rich and don't need to work for money.
For your average Joe, losing all his life savings in crypto is not a bright idea.
Yepp, and when did he say that quote? Before he jump into the crypto market or after that?
Be realistic is very important, think about who will get benefit from that quote. My suggestion is ride the wave and don't gambling when there is no wave.
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December 13, 2018, 11:27:23 PM
 #84

The cryptocurrency market is very young. And its growth is inevitable. And if you compare it with other technology markets, it is quite obvious that in the future the price of bitcoin will grow tenfold.

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December 13, 2018, 11:56:43 PM
 #85

I don't know how the people who bought Bitcoins last December 2017 will react on Tim Draper's statement that "All times are good to enter crypto". They lost 80% of their money if until now they are still holding the same amount of Bitcoin that they bought a year ago. Price of Bitcoin last year December 14,  2017 is $16,436 that's 80% loss since today BTC is traded at $3,257 USD.
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December 14, 2018, 12:36:09 AM
 #86

I never trust anyone I don't know, if indeed every time is the right time to invest in cryptocurrency, then why does the cryptocurrency go down? means that someone is selling the cryptocurrency, including now. as long as there is a buy process, there must also be a sell process. well, the behavior of people who sell this, is a behavior that we must consider, why should they sell? do they not trust cryptocurrency anymore?
the purpose of selling bitcoin is very diverse, there is a trade scenario that is usually carried out by large investors, because they always want to dominate the market, by selling their bitcoin in large numbers, because there will be an effect among bitcoin owners, they will panic and start following sell, as a result the price will go down, if the price is in accordance with what they want, the big investors will start buying again but with a relatively cheap price, then we can imagine how much profit the big traders will have in the future.
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December 14, 2018, 04:00:30 AM
 #87

That's true, but a lot of risks will be faced especially mentally an investor. For instances, they enter when the market in the bul run position means that they will buy at a high price, but what you know in 2018 the price continues to decline which means that the investor will suffer losses when holding until now. Different if they enter the bear market like now, then their hope is that the bul run will come because they saw prices last year.

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December 14, 2018, 04:14:35 AM
 #88

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?
That is only true if you are willing to hold your coins even when the market is going down, those that bought bitcoin at 20000 still had a chance to make profits if they were willing to hold their coins for a decade but they wanted fast profits and so they lost money, so a better strategy is to wait until the market is crashing, like what it is happening now, and buy bitcoin.
Let's be real, it's only true if you're born rich and don't need to work for money.
For your average Joe, losing all his life savings in crypto is not a bright idea.
Lol it really slaps him in the face, but in my opinion it could be true if they want to hold it in the long run, but if you are a trader then you should see market conditions first before buying, all the time is not necessarily good time to buy..
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December 14, 2018, 05:14:35 AM
 #89

I agree that crypto currencies are good to enter every time and most of the bitcoin forum experts also suggested that when you have crypto you have to be very careful and be patience and this is good time for the crypto holders to keep patience and wait for the right time.

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December 14, 2018, 05:36:29 AM
 #90

I agree that crypto currencies are good to enter every time and most of the bitcoin forum experts also suggested that when you have crypto you have to be very careful and be patience and this is good time for the crypto holders to keep patience and wait for the right time.
as long as we know how to put our order in best place, we could enter to market anytime.but we have to prepare our mentality when our open order floating minus.

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December 16, 2018, 05:28:08 PM
 #91

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?


I think he is referring to the things we are capable of. If you are ready to face some risk and challenges then that will be good time to enter crypto . There is no perfect time as long as you have knowledge and strong feelings and you are patient enough then that will make you invest even if the price is falling. You will always find a way to run your own investment.
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December 16, 2018, 11:41:56 PM
 #92

I have a little reservation about this idea of joining crypto at anytime. I think there are actually nice or better times to join it. The most perfect time is during a bear market.

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December 17, 2018, 01:44:54 AM
 #93

Maybe if you have much money you can focus all of your time at crypto, just invest your money at several altcoin kinds and check every minutes about how much price is up and down, you will take profit every second.

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December 17, 2018, 01:59:52 AM
 #94

Yes agree, because the cryptocurrency market does continue to have good potential to grow in the future. So whatever we can get in, just do it, even though the market continues to fluctuate but it looks like the crypto market is promising good profits in the future and will definitely recover after a crash.

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December 17, 2018, 03:18:27 AM
 #95

Yes, because the crypto market is not adopted by many people or companies. So anytime it is good to buy because we don't know what is going to be the prices in the coming years. As you can see many adoptions are kept increasing in the market makes many people start buying and holding them in their desired wallets.


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reality18
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December 17, 2018, 03:33:44 AM
 #96

Definitely, every time is good to enter crypto investment especially Bitcoin but there are best times to enter as well. The best time to enter crypto investment is during bear market when most of the valuable coins with much capabilities of skyrocketing are selling at relatively cheap prices. Here, an investor can buy as many coins by spending low amount of money.
BrewMaster
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December 17, 2018, 04:41:04 AM
 #97

i think it depends on how you see bitcoin.
what i see is a one of a kind global currency that is still on the route to adoption and so far has only gotten a small percentage of the world adopting it, somewhere around 1% and this percentage is ony going to grow.
if you agree with that then you also agree that this price is a temporary hiccup on the way to a much higher price due to increasing adoption with a fixed supply. and that obviously means at this point any time is a good time to enter!

There is a FOMO brewing...
UchihaRukawa
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December 17, 2018, 06:22:30 AM
 #98

I think what this Tim Draper said about entering the cryptomarket is true, we can never really tell whether the cryptomarket is gonna go on an up trend or it would go on a deep. I have heard many people saying that the prices are gonna go up but it didn't and it goes the other way around. I think, it really is up to the investor if he is gonna hit it big and earn whether the cryptomarket is good or looking bad. 

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December 17, 2018, 06:39:25 AM
 #99

I agree that crypto currencies are good to enter every time and most of the bitcoin forum experts also suggested that when you have crypto you have to be very careful and be patience and this is good time for the crypto holders to keep patience and wait for the right time.
as long as we know how to put our order in best place, we could enter to market anytime.but we have to prepare our mentality when our open order floating minus.
I think that investment in crypto needs a very wise mind and one should be mentally prepared for this ambiguity that anything can happen in crypto if you invest but a wise man would find out different ways to deal with it to stay in the market.
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December 17, 2018, 07:13:20 AM
 #100

I think what this Tim Draper said about entering the cryptomarket is true, we can never really tell whether the cryptomarket is gonna go on an up trend or it would go on a deep. I have heard many people saying that the prices are gonna go up but it didn't and it goes the other way around. I think, it really is up to the investor if he is gonna hit it big and earn whether the cryptomarket is good or looking bad. 
I think for those who are mature in analysis, every day is profitable. they can take advantage of the market, so they can be consistently profitable at all times. so it depends on what we are looking at, about the statement

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