Quote from: Marshannnn on November 24, 2013, 03:52:10 PM

Quote from: PenAndPaper on November 24, 2013, 05:36:29 AM

Quote from: Marshannnn on November 23, 2013, 11:54:27 PM

I would wait for another crash. The price seems to take a dip every 2-5 days. Wait for a dip and buy. Just be careful not to catch it on the downslope.

The problem i see with crashes in bitcoin is that they tend to be flash crashes followed by flash rises. It's easy to miss the window.

This is true! You must be ready for a dip.

I wouldn't advice betting on such ...

With all profesional money beginning to flow into the market it's not sure they wouldn't buy most of the correction. People then paniking that they won't be able to buy back their gamble on a correction and we could see some extreme spike after a fake correktion. Once professionals decided at the price where they would buy the whole market we won't ever see prices below that.

Only god knows if todays price is below or far far above it. The only huge mistake you can make on bitcoin is not beeing invested at all. You wouldn't like to addmit your mistake and would wait even longer. Humans tink very alike and once you bought anyways most other people did too. That could be the ATH just bevor the coming correction.

It's stupid to risk a fortune for having a bigger fortune when you are currently broke.
Go cost averaging or similiar methods. You can't be smarter than the market if you are the market!