I'm wanting to invest around $5k USD in bitcoin, primarily just to get cash out of my bank. I've had a Coinbase account for about a year but only used it for a few small transactions, so I'm not very knowledgeable about it.
With the recent surge in price, do you think now would be a good or bad time to buy? I realize there's no way to know for sure what will happen, but am curious if you think the price is going to drop back down soon or if I should buy in now before it rises more.
Well you have to look at it this way.... how much cheaper will you get in? if you pause to wait for cheaper you could end up seeing a $600 price pretty soon. Its hard to miss out on bottom but we've all been there.