Thinking about investing into bitcoins... with the recent price fluctuation, what do you guys think? I'm going to invest a decent amount so the price at the time of purchase does matter. Do you guys think we will be down back to around 200 or are we on a steady ride up?
Nobody knows, and if you're considering investing a serious amount of money based on feedback from random dudes on an internet forum, you're bound to lose either way.Like Warren Buffet says: only invest in what you understand. Educate yourself, and once you actually understand Bitcoin, make your own decision whether you think this has potential or not. Don't get played by market fools, nobody is objective.
Oh, and while you're at it, make sure to also educate yourself about the Euro and Dollar. Things are getting really interesting once you understand the current, existing monetary system. Then make the comparison between fiat and crypto, and you decide which has a better future
