Indeed, if the price fall back to the point of 100$ per 1 bitcoin, that would be a good investment. Because the potential of this currency in a current period really unpredictable, but if it goes down even to 300$, I should say it's still improbably really profit investment
I totally agree with what you are saying. And it would be great invest if it drops back to 100$ and the rise back to what it is today.
But personally I don't think that something like that will happen nowadays. Because things keep getting better and the price keeps on rising.
it is because the supply bitcoin is set and mining revenues are reduced by half (halving). in theory was almost impossible bitcoin down in price to $ 100 because of the increasing amount of demand. we do not need to wait until the price of bitcoin drops to invest because the price will always go up.