Welcome to the world of crypocurrency. If I were you, I wouldnt be making any purchases this week. There's a possibility of a lot of volatility. Take this time to watch as many YouTube videos and read as many white papers as you can. Cryptos are here to stay, there is no rush.
Thank you. I'm going to kick back and keep an eye on things for a couple of weeks. Then I will wait for a good time to jump in a a couple of currencies when/if they drop in price some.
thoughts on how long volatility might last?
or what kind of things might suggest less volatility on the horizon?
Noone knows how long the volatility will last. I think the rest of 2017 will be highly volatile due to all these changes, the hardfork/segwit/then 2x . Some do jump right in, it all depends on your risk tolerance. Personally I when i go in, I go in gradually and not at one go. That helps in understanding some of these platforms before you have put in a lot of money.