True, once it crashed from $266 to $55 and I doubled up there but they were what I'd call cheap coins, I mean I bought a load of them for $15 each. I think everyone will get their chance to get cheap coins later this year when we perhaps turnaround and all get the chance to ride the bull again.
What I call cheap coins is not going to match up with what others here call cheap coins - not by a long shot.
Yeah but buying at $55 was more a risk than buying at $220-230 now, considering all the developments in the Bitcoin space since. Sub $250 certainly feels cheap to me, I wasn't one of those people saying $600, $500 coins were cheap on the way down either.
It does not seem realistic that we'll go back down to price levels we were at when the infrastructure was still relatively fragile. I'm not saying it won't happen but it is not likely. These are good price levels to take a position in, unless you are already heavily invested I wouldn't hold out for cheaper prices.
It looks like btc is going to find bottom around lowest 100s before a reversal, its crystal clear that price is barely holding above 200$.