BTC price hits an eight-year high,http://news.8btc.com/bitcoin-price-breaks-1459-usd-is-it-too-late-to-buy-bitcoin-now
Some girls at office are wondering if they should invest in bitcoin right now. Some even want to borrow money to buy bitcoins, i don't know what to say coz i think they don't get the real significance of btc. but it is full of uncertainties in the world of bitcoin. girls could be dreamy, buy what if it is really a great chance. Anyway,i can only tell them big fishes eat smaller ones, so be careful.
Many times it has been repeated on this forum that everything under 1000$ is cheap BTC,but even with this price which is around 1500$ now I think it is good to invest some money in
BTC.But this should be money which you are ready to lose at any time because
BTC is very volatile asset.
We can only speculate about future and hope price will only go up from now, but we always need to be careful and do not put everything in the same basket.
And if you decide to invest make sure for safety of your coins,use desktop/hardware wallets and make backups of private keys/seeds/dat files.
different times, different answers.
yeah a couple of months ago, when price was entering $1100-$1200 range then the dip to $1000 mean very cheap coins to buy as fast as possible, right now the same is true about $1200 (the previous high). but this is all about those who are trading or want a short term investment. otherwise we have been seeing a constant rise from bitcoin each year and it will continue because we are very far from the price that we can call it is enough rise.