All times are good to enter crypto - Tim Draper

[CoinEraser]

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?
*snip*

Yes, it is always a good time to start with crypto and inform yourself about it, but it is not always a good time to buy. I wouldn't advise anyone to buy crypto while that's briefly reaching a new ath. For me these are two different things and therefore one can say, the statement is halfway correct.  

[trauchot]

If you are a millionaire, then of course you can start investing and enter in the cryptocurrency market at any time, because you have a lot of money and you do not care when you will start buying cryptocurrency. Rich investors can buy cryptocurrency for any price, so they do not worry when entering the cryptocurrency market, and ordinary people like us must constantly wait for the best moments.

[syamster]

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?
*snip*

Yes, it is always a good time to start with crypto and inform yourself about it, but it is not always a good time to buy. I wouldn't advise anyone to buy crypto while that's briefly reaching a new ath. For me these are two different things and therefore one can say, the statement is halfway correct.  

Yes this is not realis that there is time which is fixed to buy and to sell. Most of time people use to buy bitcoin when they are that the price of bitcoin is falling. Red market but Jr you want to take new start then try to buy right now because as time passing price will rise so try to buy right now.

[djgtr]

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?

To trust is difficult even though how far you know everything because in the other hand you can see a risky one. Yes, cryprocurrency is really in demand because of its capability and how useful it is but the function is really for everyones advantages.

[magneto]

The comparison to gold bugs definitely does make sense.

As The Pharmacist mentioned, these are the type of people that tell you to buy gold no matter what, regardless of what market cycle the current precious metals market is in. For example, Peter Schiff, etc. do this because they sell gold and benefit personally from anyone that buys their story and keeps on buying.

Tim Draper's comments are kind of like the bitcoin equivalent of these gold bugs - buy no matter what. That's just wrong and you will most likely end up with a high entry price which will be hard to break even on without holding your position for extended amounts of time, and even then it's not guaranteed. Even though right now is a good time to dollar cost average and buy up due to the overwhelming bear sentiments, it doesn't mean it'll always be a good idea to enter the market.

[deppil]

For now it is not really good because bitcoin is not yet adapted by the countries around the world for it has still some issues and the crypto team owners are taking advatnage for now with the bear market pulling put their shares designated for them. Probably the good time for investing is when bitcoin will be like the stock market exchange to be adapted from the countries.

Precisely before being adopted by many people and country the potential of bitcoin to grow is still very large? and before that happens the price of bitcoin is still cheap? for the long term what Tim Drappen says was right. but for the short term. not all the time is right time to purchase

[playboy654]

When doing long term investment on cryptos then it is good to enter at any time whether bull or bearish the market is because at long term (more than 5 years) the possibility of prices will be multiplied many number of time that how it was now.

[Enzos]

I don't believe in any so-called experts or capitalists. You should also be cautious. Its money is likely to come from the cryptocurrency market, so don't imagine that capitalists will lead you or lead many people to make money. They are the winners of the cryptocurrency market. They will naturally support cryptocurrencies.

[dr_chen]

I'm not agree with him. When you enter or leave the market matters a lot for all assets. You must know when you enter and leave the market even you are a long-term investor. I don't think people who sell their BTC are making a donation. They sell because they are short in money, short-term traders or lose their hope even though long-term price trend goes high and leave the market.

[yusupjatigumilar]

indeed bensar what he said I agree with his opinion that all time is good for entering crypto currencies, but what needs to be remembered is that good things are relative, what do they mean? meaning crypto currencies can be good when we are also good at utilizing the moments that are present every time, and vice versa

[jeromix]

If one will going to enter now probably that one will trap with the bad market. This because there is no good market price increase just like what happen to previous months foe bitcoin that one could relatively earn and should not be a hindrance even if you are a small scale investor. Now, only whales are earning that much in the current market situation where they had huge control.

[ATMD]

Seeing as many here (including me) believe the future of crypto is bright, I see nothing wrong with investing now.

[pinoyden]

If one will going to enter now probably that one will trap with the bad market. This because there is no good market price increase just like what happen to previous months foe bitcoin that one could relatively earn and should not be a hindrance even if you are a small scale investor. Now, only whales are earning that much in the current market situation where they had huge control.

If one will going to enter now probably that one will trap with the bad market.

trap ? no . no one will be trap because this dip will not last forever  . you know and we all know that it is normal for cryptos to go down or go up due to volatility  . entering now is actually the best time or the best thing to do becuase cryptos are still cheap   .

now, only whales are earning that much in the current market situation where they had huge control.

i dont think that whales are earning too much on this current market situation  . even whales do also experience to loose because they are not gods , they are only human just like us .

Re: All times are good to enter crypto - Tim Draper

no i dont agree with it . not all times the crypto are down which means it is not a good idea to buy them .  we should rather wait for their values to go down before we plunge in  , so that we can get a bang of the buck  .

[CarnagexD]

Do you agree with this guy?

I believe in him because there are many people who do daytrade, so he is not talking about something impossible or something from another world, there was always this option to buy at any time and day, everything in this life depends on our own strategy, if have good strategy and good risk management, you can make big profit in this market.

All I know is Mr. Draper is a billionaire, huge bitcoin bull and a venture capitalist.

this is a great advantage that they have because he can buy bitcoin and hold for the next 5 years because he knows that in those 5 years he will not need the money that he is investing in bitcoin

 Yes. i think he right. Crypto currency market has a huge opportunity for all possible new investors, one should learn the process, the in's and out of the market. the fundamentals, the market structure, the risk factors should alwsys be consider, invest only what you can afford because the market is very volitile.it is unpredictable. price value  goes up and down. Timing also should be taken into account. All of this indicators should be onserved. Yes. Investment into crypto is the trend of this time, everything should be consider and be carefully understand. good luck.

[shadyrifles]

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?

Tim Draper has always been investing in Bitcoin, he bought 40000 Bitcoin a couple of years ago and expecting to reach Bitcoin at $250,000 by the year 2023. He believes the future of Bitcoin can be alway experience increase.

[syamster]

Seeing as many here (including me) believe the future of crypto is bright, I see nothing wrong with investing now.

Yes and I am one of them o really trust in the future of crypto currency as every time when it falls so again it rises to give us reward for sticking with it in bad time. We can buy anytime so now is good time if you are buying for the first time. Buy but don’t sell early just have patience once you buy at red.

[Xising]

The answer to a question like this depends entirely on the timeframe of your outlook and investment.

If you are looking for a get-rich-quick scheme, crypto is not it. You might be lucky to jump on the one random ICO during the next bullrun that happens to go x100 and cash out near the top, but for every person that manages that, there will be thousands more that lose their money on some scam.

If you are day trading, then no, all times are not good to enter. I'm not a trader by any means, but I know enough to know you don't just randomly enter the market at any time you like and hope for the best.

If we are talking about the utility and adoption of bitcoin, then yes, any time is good to enter the market. If you believe, like most people here do, that bitcoin adoption will continue to grow and it will become a worldwide currency, then the price you enter at now will be largely irrelevant in 10/20/30 years' time. If we look at just 5 years ago at 2013 for example - even if you entered at the all time high, you would still be sitting around 200-300% up in 5 years, which is far FAR more than any traditional investment would earn you.

That's right. Many experts have already said and vouched how Bitcoin and other cryptocurrency investments is the future of the trade and investment market. However, whether one would believe or not, that would always depend on several factors which include one's seriousness in going about and venturing in this market. Not all people have the guts and courage to dive into this kind of market that everything seems to be unclear and unreliable. However, this market as many have already said is one of high-risk-high-reward, thus, if you really want to get that high reward aspect of it, you must first embrace the risks involved.

[Biscutard]

I fully agree on him since the market is just like our economy no matter where you live except if you are living in a corrupted world where there is no chance of improvement because you know, the market will always thrive and the economy will always going to change. Especially if your country exports/imports a lot from foreign countries. The same logic applies too in cryptocurrencies where there is a high and lows of the market depending on the supply and demands.

[tannerchum]

bitcoin and altcoin have price fluctuations that continue to be created in the market at any time, this can give you profits at any time both short and long term. investment and choosing the right decision will provide maximum profit for you

Yes you are right that is the sign of not stable but their is a chance to steady for the mean time in the high so that it will keep booming as well. More profits will enter because we are trying hard and study well on how to do it. Bitcoin is a long term investment we should try it.

[Semosuchi Tesongrato]

Well, maybe. All I know is that if I were released from the crypto a few months ago today I would have good money, which in the meantime have disappeared.
And since they were mostly in the altcoins, I very much doubt they can come back ...
But hope is the last to die ...