Quote from: silversmith on August 14, 2014, 03:58:42 PM

I agree with OP. I paid over $1000 USD for my first bitcoin. I bought more at $800. I bought a lot more at $400. I'm still buying. I don't try to time the market. I just buy at whatever the price is when I have the money to buy more. I've never sold. It's a high risk investment. I understand the risks but I think in the long run it will be a great investment for those who buy and hold!

It is never a bad time to buy bitcoin when fiat currencies around the world are experiencing inflation. 1-2 years from now even if Bitcoin only follow inflation you'd still have more money than a bank account CD or bonds. Plus, you have full control over your Bitcoin whereas a bank can freeze and do whatever they want to it.