Not every bitcoin investors have invested on Bitconnect, that's why the scam news will not have a impact on the market, long or short term. I have entered when the price went below $10K, I have stored enough so I don't think that I will go in unless the price goes to 4 digits again.

But for those who haven't, I suggest you enter with the current price, good buying opportunity still. Not low but not that steep either. You can still ride the train before it gain steam in the next days to come.