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

now is a pretty good time. so far, the best predictor of bitcoin price has been the general google trend. https://www.google.se/trends/explore#q=bitcoin

as you can see there, another hype may come at any time. or, the hypes are over for some time, but it's already at a low right now. if you're investing, don't spend more money that you are prepared to lose. the coins may halve in value in a couple of months and you wouldn't want to be in the need to cash out at that point. if you buy, be prepared to lose the money and not to touch the bitcoins for a couple of years!

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