please excuse my noobness but how do we know about the mid-trend reversal and when will btc come out of it? Not really sure I know the meaning of the term. I have been watching for the last couple of week and it has been hovering around 430-450.

 I obviously want to buy low, but do most people think it will go down that low? around 100. I thought 350 was pretty low.

I like the idea of the phased buy in I just don't want to miss the next jump. Also the 5k is money "I can lose" so I won't be living in a box haha, nobody likes to lose money. Would be nice to make some money.

Do people really think btc will go back up to 1000+ 2000+?

Been lurking on these forums for a while, but this is my first post. I currently own 1 bitcoin that I bought around 420 a while back. I have some "extra" money set aside and thinking about buying 5k in bitcoin. I have been closely following the last couple of weeks and reading all that I could. I wanted to buy when it was down to 350 but I didn't have all by Coinbase stuff verified.

I have looked at a lot of the graphs posted (including the paint one... nice) and was just wondering if we can get some good conversation on when would be the right price to buy. I believe it is going to go back up and even if it goes up 100$ I figure with 10 coins that would be a nice little investment. Even better if some of the higher speculations come through