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.
People who are afraid to risk with the current price will always look for a lower price without realizing the possible effect of the market when we go down into that level again. I mean, let's be realistic and learn to move on, by thinking of the lower price we already loses our opportunity to buy bitcoins now. The price movement and its market in entirety will tell that progress will continue as more people are coming to adopt.
In the end, it's the law of supply and demand will prevail, so hold and buy now while the demand keeps increasing.
Natalim, to my min you aren't talking correctly now. Price was 900$ very short times ago, than 1000 and now 1270 but remind what happened when okcoin and houbi stopped transactions, price dropped but it rised quickly. Also once bitcoin was 1000$ but than it dropped and was 400-500-600 and than growed. To my mind it's right time to sell bitcoins now, not to buy because chanses to get bitcoin smally cheap are high. Maybe you aren't wrong but don't know, it's hard to believe if 1200$ will be stable price.