Post
Topic
Board Beginners & Help
Re: when to buy, NOW
by
scotjam
on 24/04/2013, 01:25:18 UTC
I don't think that it's obvious that now is the time to buy

There's a big wave of publicity and interest

However, at the same time, there are a ton of people waiting in line to get *massive* mining rigs using ASICs

This will mean a ton of new coins will be generated, and presumably a proportion of those will be sold, putting pressure on prices

So it's really very unclear. What is clear though, is that it's likely to be very volatile.

Personally, I'm happy to be invested, but not more than I'm willing to lose.