Alright friends, I have 8000$ to play with in trading on BFX today. Should I open a long right now to close at 250 by monday?
Im thinking we may drop to ~232 before we rebound to either 250 or at the very least back in the high 240s.
Debating if I should short right now.
Its always a beautiful day in bitcoinland

Yes Man, buy now.
Cry later.
Will I be crying from joy?
To be honest, im quite in the same situation, with some cash waiting on the Line but Also with some btc in cold wallet. Thing is i wont be buying until im sûre we Will break ATH or purge the bid side as final capitulation Are you confident that bitcoin will succeed in the future?
If not I agree with your stance/plan.
But if you think bitcoin will gain absolute mainstream adoption when what are you waiting for, why do you need to see upwards price movement before you commit?
Buy at the bottom when things are looking shit, that's the best way isn't it?
If you wait until we rise to 300 for example if you're planning to buy a decent amount of coin then even just waiting until 300 you'll be spending a hell of a lot more than if you get in now.
Determine your confidence in the future of bitcoin, if you're positive about the long term future then get the hell in now whilst coins are still cheap 'ish'.