Keep in mind people, were on a four year logarithmic up trend of 1000%/year, when we hit the bottom elbow of the technology adoption S curve, it's going to go straight up and anyone sitting in fiat risks missing it just to get a few cheap coins.
It doesn't really go vertical literally. Its just that the rate of increase is not linear, there can still be ups and downs through the "vertical", just not large ones.
maybe maybe not. the point is, you risk missing the train. The longer you wait to get back on, the more expensive the bitcoins.
Yup. If you're just looking for cheap coins, start putting in a little bit at a time right away. If it does dip, put in more, if it doesn't, at least you didn't completely miss the train.
If you're just looking to get rich quick, go to a casino roulette wheel and put it all on #36. It requires about the same amount of insight.
And always look honestly at yourself. If at the current price, coins are "just a bit too high", they will probably be that at any price. It's psychological. 9 months ago, there were a whole lot of people suddenly thought 266 was too high.
BITCOIN IS A FUCKIGN BUBBLE. THis will burst one day and bitcoin will be backl to 10$ this is certain.