Quote from: arbitrage001 on November 25, 2014, 01:20:36 PM

Quote from: ballgum on November 23, 2014, 10:10:39 PM

Hi, I'm sorry for the newb thread, I'm not sure this is the right place, so I apologize if not.

I don't have much money, but have enough to invest in a few coins. Rumor is bitcoin us being adopted mainstream and will shoot up in value soon? I want to buy a couple coins while prices are low.

My questions are

1. Do you guys think bitcoin will shoot up in value (a good investment)?
2. Should I invest now, OR will prices go lower before the go up?

I've already been verified, so buying won't take days for me to verify my info.

Thanks

Anyone telling you to buy is giving you bad advice even if buying bitcoin become profitable.

You should use whatever money you have to start a business, or work for someone who know how to run a business well to gain experience and knowledge. Not wasting your time on speculation.

This is not true. An educated speculator is a likely profitable speculator. I would say that the chances of bitcoin rising above ~450 is low but if it does it will likely shoot much higher then it is now. IMO a good time to buy would be when the price is in the upper 300 range