Considering price fluctuation throughout the whole Bitcoin lifetime, I disagree - imagine how people who bought BTC for 6k USD feel now, and let me remind you of Etherium and ICOs downfall.
Of course if you keep thinking about this kind of things you`ll never invest, at some point you have to take risk to enter. There are indeed bad and good times to enter, but one can judge only after some time passed and the whole picture is clear.
Topic: All times are good to enter crypto - Tim Draper - page 13. (Read 20563 times)
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 statementHowever, judging from the fact that the market is new, even if you do not have any trading skill to make use of, you can get into the market at any time, and focus on the long term, as that is the best way you can approach the market without being disturbed about the issues you see now with the downtrend which as far as I am concerned are always temporary, no matter how long it takes.
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?
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?
NO, after reading this person's statement, I assume that cryptocurrency is like a ponzi business, it is like finding a member on a ponzi scheme
indeed everyone can enter the crypto market at any time, but remember, there are times when the best to enter crypto
and everyone has a feeling that is different
All times are good??? well he might have said this in relative point of view but if the relation does not hold at the peak prices then saying the above quote will hurt a lot, think of people who bought at 12k usd and think of them today.
The market is always open to all who want to enter the crypto market, with coins invested, he can manage it wisely or according to his needs.
Each holder has the right to manage his coins and has his own strategy for playing in the market.
Each holder has the right to manage his coins and has his own strategy for playing in the market.
This is the wrong view. I think that ordinary investors who buy cryptocurrencies need a lot of knowledge and patience to wait, because ordinary people usually have financial problems, they can't smoothly pass the cryptocurrency downturn, and they can only wait for the cryptocurrency market to become green.
There is nothing wrong about it. If you were an ordinary investor then just always apply the basic rule to invest only what you can afford to lose. The idea is actually good but it doesnt mean you have to follow it. Especially if you were looking for a quick profit then thats the time in which you have to strategies your entry pointThat's a stupid overused quote. Nobody has money to throw away in the trash unless you are so rich it doesn't matter. Just invest money you can't afford to lose - retarded meme.
This is the wrong view. I think that ordinary investors who buy cryptocurrencies need a lot of knowledge and patience to wait, because ordinary people usually have financial problems, they can't smoothly pass the cryptocurrency downturn, and they can only wait for the cryptocurrency market to become green.
There is nothing wrong about it. If you were an ordinary investor then just always apply the basic rule to invest only what you can afford to lose. The idea is actually good but it doesnt mean you have to follow it. Especially if you were looking for a quick profit then thats the time in which you have to strategies your entry point
Tim d-RAPER publicly endorsed two of the biggest ico disasters, Bancor and Tezos. Be careful who's voice you follow, especially if it belongs to a billionaire.
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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 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.
There is no specific time to enter crypto investment all times are good. The cryptocurrency is being exposed to mainstream society and there is an increase in the usage. Anything is good because the crypto market is highly volatile and all stage of the market can be a good entrance
I agree on you.It doesn't matter whether the market is down or up,as long as you are already equipped with knowledge about crypto investment,and of course a good amount for capital,then you can start entering into a crypto investment.Learning and enhancing your own skills and strategies can only be done once you're in the field of cryptocurrency.The more mistakes you committed,the more lessons you learned.
In line with this there's a similar saying, "yesterday was the best day to buy, today is another better day". I don't really operate eith such mindset, everyone knows there are best times to enter and exit a trade, even though this is not same fir all of us. But certainly, no one would like to buy an overpumped coin.
This is not so, because there is a difference when you enter the market and it is big. Yes, if we consider the entry into the cryptocurrency market for the future 10 years, there may be a big difference will not see, but not always get what you want.
Compare the situation of entering the market on January 4, 2018 and buying $ 10,000 of different tokens. and entering the market today for $ 10,000! Feel the difference! To recover the amount lost after a year of correction will take a long time and to multiply the money today may take only a week.
Compare the situation of entering the market on January 4, 2018 and buying $ 10,000 of different tokens. and entering the market today for $ 10,000! Feel the difference! To recover the amount lost after a year of correction will take a long time and to multiply the money today may take only a week.
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.
This is the wrong view. I think that ordinary investors who buy cryptocurrencies need a lot of knowledge and patience to wait, because ordinary people usually have financial problems, they can't smoothly pass the cryptocurrency downturn, and they can only wait for the cryptocurrency market to become green.
There is no specific time to enter crypto investment all times are good. The cryptocurrency is being exposed to mainstream society and there is an increase in the usage. Anything is good because the crypto market is highly volatile and all stage of the market can be a good entrance
I agree with tim draper because price of bitcoin is really low right now and if we talk about the supply for bitcoins it is 21 million and currently more than 17 million are into the circulation and only 4 million bitcoin left for mining. There will be huge demand of bitcoin in near future and supply is less that means price of bitcoin can reach upto historic high. So enter into market snd and grab the opportunity to grow with market.
The best time to invest is when we feel ready and understand crypto is technology, and if we don't feel ready, even though crypto prices are low, it's not the best time, because as a holder we will be shrouded in doubt.
I do not agree to his statement because there are only times that are good to enter to the cryptocurrency market. Like today, the market is still down and we can get many opportunities by making investment today. There are proof that it is not all time to enter to the cryptocurrency market like those people who bought bitcoin at $19000 per each.
" All times are good to enter crypto", he is always right when saying that because we buy something, we are always right but we will be wrong when we sell it at wrong time, and the question now when will we sell it? It can be 1 year, 10 years? Or even 100 years.
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