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.