Time to buy now?

[600watt]

"i buy btc in morning, i buy btc at night
i buy btc in the afternoon, it makes me feel alright
i buy btc in times of peace, i buy in times of war
i buy btc before i buy btc and then i buy some more"

[600watt]

Buy $1,000 worth per week for next 10 weeks.  Maybe you leave some profit on the table if the exchange rate only goes up but on any dip you will freak out less knowning you can deploy more capital.  To get the most of dollar cost averaging the dollar amount should be the same on each purchase, not the amount of BTC purchased.  This means you buy more at a lower price and less at a higher price automatically and your basis (entry point) is lower.

+1

Dollar cost averaging is the best way to gain from rising BTC/USD exchange rates, while reducing risk from any big corrections.

smaller steps, good advice

[BitMonkey]

Leave it where it is. You'll sleep more soundly at night.

I dont think so, your $$$ will loose value for sure. Bitcoin my gain value or not. But if you wont buy bitcoins and they will increase in value then you just lost your potential income. My advice would be if you can afford to loose $$$ then simply buy bitcoins. Its more to gain than to loose.

$10000 will lose value over years, but not over days. Bitcoin can lose all of its value in an instant. Stick around for an actual correction and see how it feels to watch your wealth disappear in the blink of an eye. That's when you start to ask yourself whether you might have gambled more than you could afford to lose.

The price increase is a correction

[Bitcoin_Goddess]

If you have faith in it's worth, you should buy at any time, high or low.

[600watt]

http://bitcoinmagazine.com/trace-mayer-on-fox-business-why-bitcoin-is-just-getting-started/


fasten your seatbelts.

[jwzguy]

Don't buy now, wait until the price hits $500.

[600watt]

Don't buy now, wait until the price hits $500.

people that buy at 500 will party soon after having made 5000...

[bitbit]

Don't buy now, wait until the price hits $500.

people that buy at 500 will party soon after having made 5000...

You will still regard them early adopters?

[600watt]

Don't buy now, wait until the price hits $500.

people that buy at 500 will party soon after having made 5000...

You will still regard them early adopters?

that still would be considered inside trading. the outermost edge...  as long as my neighbour isn´t in or housewifes having conversations about it while waiting at the supermarket cashier que it is still early. when we start seeing ads in mainstream tv it is getting hot. for an average person it is still complicated to buy bitcoins and to use them.

[romerun]

if BTC rises to 1000, you'll only get less than 10 folds,

instead buy LTC/PPC, keep finger crossed, and come back 2 years later,

[wopwop]

just buy you fool (for waiting)

[bitbit]

I bought 20 coins at 172.

[Gordonium]

BUY, BUY, BUY!

[smoothie]

BUY, BUY, BUY!

BUH, BUH, BYE!

[MikeH]

I think if bitcoin lasts long into the future, 50 BTC may be worth millions - if it doesn't then you not only lose 50 BTC but the extra you're considering investing.

I would just be content with the 50, don't obsess over what bitcoins are doing at the moment - invest your 10k elsewhere, bit of gold or silver, some canned food, maybe some guns and a bunker

[wopwop]

those stupid guys that sold at 48$ really feel bad now

wouldn't want to be that guy right

[alexh]

It depends on how much money you are able to lose, don't gamble with all your savings (my advice).