This a good time to buy?

[uki]

There is risk there, but dollar cost averaging will likely reduce overall risk.  It will also limit your potential maximum gain, but it's all about finding the optimum balance that leaves you the least emotionally invested.

as for your comment on limiting gains, I think it is better not to chase the bottom (unless you are an experienced trader) and gain slightly less, rather than to risk missing the best part of the move. But that is, as you correctly stated, individual risk management issue.

[Bralex]

Or should I wait for a drop?

In a few more days will e a great time to buy anywhere between 220 - 230 should be ok i personally cannot see it going any lower than that but obviously i can be wrong but i am not advising something i am not doing myself 

[BillyBobZorton]

Or should I wait for a drop?

In a few more days will e a great time to buy anywhere between 220 - 230 should be ok i personally cannot see it going any lower than that but obviously i can be wrong but i am not advising something i am not doing myself 

I think we are on an uptrend up to 300 territory before we see a correcion again towards mid lower 200's through this month.

[hodlmybtc]

IF we're still going to see 220-230 levels it's likely after hitting strong resistance levels in the 300s (300/315/350) imo.

But don't listen to me I'm a shit trader

[PenguinFire]

I would buy a small amount but, in general, now is still a good time to buy BTC.

[hodlmybtc]

BTW if you're intending to hodl longterm it's definately a good buy when we're still under $300.

In 2014 everyone was crying they couldn't buy under $300 anymore.

[afbitcoins]

It's already dropped 85% last year.... fucking buy already and sit your ass down

haha i loved that answer. Thanks

[tss]

Or should I wait for a drop?

Look at the difficulty shooting up over last 48 hours, the institutional money is getting in now its got classic start of bubble all over it atm.

where are you looking at this?  i dont see diff shooting up last 48.  only predicting a lower increase than before.

in any case, it's always a good time to buy but we shot up a bit quick.. if you're thinking short term, expect a return to around $250 in the coming weeks before getting past this pace. 

[NeuroticFish]

Now it would be a good time to buy. A dump just happened and the price should slowly get back to normal trend.

[virtapayseller666]

Wait for a drop. There are going to be some good corrections, its still too early to go on a big rally.

yes its good time to buy
invest in bitcoins if you can efford

[uki]

Now it would be a good time to buy. A dump just happened and the price should slowly get back to normal trend.

I wouldn't call it a dump, just a normal correction of the recent gains. From now on we can see whether the trend reversal is the reality already, or we are in for more sideways movements.

[NeuroticFish]

Now it would be a good time to buy. A dump just happened and the price should slowly get back to normal trend.

I wouldn't call it a dump, just a normal correction of the recent gains. From now on we can see whether the trend reversal is the reality already, or we are in for more sideways movements.

In the past 2(?) months the price was like the waves. It feels like summer 
Some call it pumps and dumps, some call it corrections. Usually the truth is somewhere in between.
The trend should be a slow rise. But yeah, if I'd have a crystal ball, I'd drink cocktails on a sunny beach, not reading/writing about Bitcoin.

[Bralex]

Or should I wait for a drop?

In a few more days will e a great time to buy anywhere between 220 - 230 should be ok i personally cannot see it going any lower than that but obviously i can be wrong but i am not advising something i am not doing myself 

I think we are on an uptrend up to 300 territory before we see a correcion again towards mid lower 200's through this month.

Well you would as soon as you see a little green dildo just like half the people in the forum, the moon is coming  Don't listen to me OP or anyone else they are only opinions and some are to emotionally attached to their own numbers to give good advice... 

[Morecoin Freeman]

I bought at 245. I sold at 278 and waiting now.

I would not buy now in the pump but whatever floats your boat.

I always remember myself prices will not go up forever, as well as they will not go down forever. Best of luck.

For whatever it's worth, I'm back in at 270.

[dothebeats]

Or should I wait for a drop?

Always buy with due diligence. And also, buy what you can afford to lose. Well if you want you can buy small amounts to average the price. But never buy in at small pumps because it might destroy you in the end.

Hoping for it to drop, even at least in the $250 for me to snatch up some btc before the price rises.

[darkmind]

I think it's too risky right now to buy, we are potentially right at the top of another trap. Buy in a few weeks time when the price has settled. only my 2 cents

[ravenjt]

At a simplistic level, btc has ranged between 0 and 1,100, so 270 doesnt seem too bad.
But it has only been above 270 since Nov 2013, so its not a fantastic price.
As a speculative bubble based gamble, I would say only enter at a really good price, like in double figures (below 100)
Then you have a decent upside, given past performance.

[AtheistAKASaneBrain]

I bought at 245. I sold at 278 and waiting now.

I would not buy now in the pump but whatever floats your boat.

I always remember myself prices will not go up forever, as well as they will not go down forever. Best of luck.

For whatever it's worth, I'm back in at 270.

Imo don't overdo too much buying and selling. Take a position and wait for a month. It requires too much luck  to make gains in these small corrections.

[dothebeats]

I bought at 245. I sold at 278 and waiting now.

I would not buy now in the pump but whatever floats your boat.

I always remember myself prices will not go up forever, as well as they will not go down forever. Best of luck.

For whatever it's worth, I'm back in at 270.

Imo don't overdo too much buying and selling. Take a position and wait for a month. It requires too much luck  to make gains in these small corrections.

Definitely. Overdoing such things often result to smaller gains or worse, a loss. Take a stand, wait for whatever will happen, then execute your plans.

[picolo]

I bought at 245. I sold at 278 and waiting now.

I would not buy now in the pump but whatever floats your boat.

I always remember myself prices will not go up forever, as well as they will not go down forever. Best of luck.

For whatever it's worth, I'm back in at 270.

Imo don't overdo too much buying and selling. Take a position and wait for a month. It requires too much luck  to make gains in these small corrections.

Definitely. Overdoing such things often result to smaller gains or worse, a loss. Take a stand, wait for whatever will happen, then execute your plans.

Buy now then sit on your bitcoins or get more involve in the community.