Hello guys,
I'm french, ( french forum talk about everything except coins...)
-I placed an order at 448 this morning on Kraken, and I realised that it passed while I was eating at restaurant...I would have canceled it when I see how it's going down, but it's done, my first BTC !
So what would you do if you had about 950 dollars to buy BTC? Buy now ? Wait ?
Buy.
There is a high chance BTC will be priced 7000 USD by the end of this year. When the rise starts, it will be tremendous based on previous rises.
I want to buy ! But when? NOW ? Because when I read your post since few hours, It seem that some of you think it could going down...around 7 am ( european time...I will sleep ;-) )
If you're only looking to accumulate, buy 450$ worth of BTC in max 3 weeks from now, and the rest (500$) max 3 weeks after that. Once you buy, do not sell for any reason (say, below 1000-2000 [EDIT: or use rpietila's SSS]). Then plan again. Be prepared psychologically to see the BTC price go to 100$ and not sell. Many if not most on this thread attempt to trade up and down but study for at least 6 months before you attempt to do so with more than play money (maybe, 5% of your stash?). If you want to start trading, read read and read some more, backtest any strategy you form and don't attempt to "be first" on movements unless you are an insider.
Other than that, the regular advice about advice from strangers on the internet.