All times are good to enter crypto - Tim Draper - page 17.

pinoyden

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Quote from: jeromix on December 09, 2018, 08:51:41 AM

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.

Quote from: jeromix on December 09, 2018, 08:51:41 AM

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 .

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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 .

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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 .

ATMD

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

jeromix

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Ako Bayot!

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.

yusupjatigumilar

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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

dr_chen

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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.

Enzos

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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.

playboy654

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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.

deppil

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Quote from: jademaxxiss012 on December 08, 2018, 09:57:23 AM

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

magneto

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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.

djgtr

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Quote from: bayu7adi on December 05, 2018, 09:17:03 PM

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.

syamster

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Quote from: CoinEraser on December 08, 2018, 09:59:46 AM

Quote from: cybersofts on December 05, 2018, 07:33:32 PM

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. Wink

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.

trauchot

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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.

CoinEraser

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Quote from: cybersofts on December 05, 2018, 07:33:32 PM

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. Wink

jademaxxiss012

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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.

repsol

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That is right, the huge mistake is when people are not involving or getting into Crypto now. Even though now the price is down, but the trend of crypto currency will keep improve in the future.

The most important thing is while some body gets into bitcoin, he should be realize to improve their knowledge and understanding about crypto currency. Because something great is reached through great work and process. Therefore, this is the time to contribute of world technology improvement especially in blockchain.

LeGaulois

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Top Crypto Casino

I would agree even if it wasn't a known person, I don't care if the person is an expert or not as long the person has objectivity...
It's a bit like investing in real estate, for example, there too it's always a good time to enter the market. It just depends on your investment strategy. There are markets with fresh investors even when its market is red.

kavindra

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I totally agree with that guy, ever time is a good time to get into Crypto currency. However, people should be deal and understand first before involving in it because no body will guarantee of Crypto currency. So, they will not surprised whenever it price drops.

It is good decision getting into Crypto currency as we know it is not only about a new technology, it is more than it. Now it can be used for means payments inn some countries where recognize and officially accept digital money for payments. It is future technology that would be efficient and simple ways that help human daily activities.

So, the worse is when people not believing in it.

horrifiedx1

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Quote from: Agapelove on December 08, 2018, 08:20:28 AM

Great quotation from one of the bigtime holders of cryptocurrency. To survive here in cryptocurrency, you should learn what you have to learned. This market is not as easy some think. Special skills plus learnings from experiences are good tools to be successful anytime here in cryptocurrency.

for those who are experienced in cryptocurrency trading, of course it will be easy to analyze the market, so whenever they enter the market, they will certainly get results. but I think it would be better if trading in the short term, so that immediately get profit and exit the market and wait for market entry again

Agapelove

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Great quotation from one of the bigtime holders of cryptocurrency. To survive here in cryptocurrency, you should learn what you have to learned. This market is not as easy some think. Special skills plus learnings from experiences are good tools to be successful anytime here in cryptocurrency.

randythered

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Quote from: figmentofmyass on December 07, 2018, 11:09:04 PM

Quote from: The Sceptical Chymist on December 07, 2018, 07:18:31 PM

Anyone who tells you that it's a good idea to buy anything at any price point is out of their fucking minds. I see this constantly with goldbugs. Gold crashes? Good time to buy. Gold is at its all-time high? Great time to buy, because it's going to go higher. Gold is trading sideways for 5 years? Buy, buy, buy.

i honestly think bitcoin is different. with precious metals, the supply is unpredictable: new technologies can make nonviable mining methods viable, new sources of supply can be found, unprofitable mines become operable again when price rises, etc.

that doesn't apply to bitcoin. not only are bitcoins far more scarce for that reason, but the vast majority of supply has already been mined. it's a race to accumulate, and at some point that reality will sink in for everyone from retail investors to governments. since markets are unpredictable, i believe that's why it's always a good idea to buy some bitcoins (up to what you can afford to lose) if you don't own any.

i don't think this necessarily extends to the entire crypto market like draper says. but he's probably right---altcoins are always gonna suck on bitcoin's teat.

It's only a race for as long as people want to run it. If people as a whole decide bitcoin has no utility then there will be no rush to own it and the price will crash. Even if you're certain BTC will one day be demanded by all, it doesn't mean that it doesn't undergo market cycles and you can't time your buys.

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