I think we still have to wait till we cross again 610 mark, before that really not recommending buying.
So... Wait 'till the price goes up to buy? Do you also wait for the price to drop to sell?? Brilliant trading strategies..
very very few investors - even professional ones - are capable of behaving like Warren Buffett, and buy when others are selling and sell when others are buying. Most move with the herd and with conventional wisdom.
Well it still seems to me that conventional wisdom says buy low sell high. Not sell when it's getting higher and buy when it's getting lower. It just seems if you want to invest in something relatively safe you shouldn't even be looking at btc.