Bitcoin Forum

Alright, I've been watching the course of BTC since pre-2011 and I wasn't sure whether to get in and invest in them or not. My fault I guess. But researching these recent risings I think the bubble (it obviously is one at this point) won't "pop" too soon. What do you guys think?
I have about 150.000€-300k I could invest in the BTC, where I could handle the risk. Would you guys do it? Serious answers please since I'm seriously considering. And where would I go on about such a large sum? MtGox? Thanks in advance

Gold is a safe investment.

Bitcoin is revolutionary - and raw. Invest only what you'd be comfortable losing.

I already invested enough in gold. 300k are alright,wouldn't exactly hurt much if I lost them but I'm not looking to buy and sell, bunker the BTC for at least 1-4 years, but still where could one go about such a transaction?

I'm very bullish on bitcoin over the next 3-10 years and Ill just put in a plug for tradehill.com as a good place for that much cash. Sounds to me like they've got a very good cold storage strategy.

You might also consider going 50/50 between them and mtgox.

If you say its a bounty your not-fussed about losing, then sure you should invest it. Wait for a weekend sell-off, try and wait until it reaches a nadir (lowest point), then buy. Don't be put off by crashes, relax, keep a close eye on the markets, but don't be too paranoid.

Good luck.

It looks like coinlab.com is setting up for serious money.
They are in process of taking over the mtgox USA customers, but, trade will still happen on mtgox.
Don't know where they are in the process.

-tom

If you know you won't panic when the price drops 75%, and can hold on to it until it rebounds, yes by all means.
But if you will keep looking at the graphs and tickers every day ... and drive yourself nuts.... then perhaps not!