Sorry I hate to sound like a huge noob, but why should one buy bitcoin when the price is stable? i thought you where supposed to buy low; sell high? will bitcoin ever go up to the $500 mark again?
Well it is considerably lower than the all-time-high, and if you think Bitcoin is a technology that should be worth more than what it is right now, there's no reason not to buy.
Alright, sounds good. Do you think bitcoin will go up anytime soon? Like is there news of something that is going to happen in the future that will positively or negatively affect the market?
I've no idea about what will happen soon, but I believe cryptocurrencies are way better as a store-of-value and as currencies than all of those that are commonly used. So I'm pretty confident that, long-term, the price can only go way up.
Imho, the best strategy would be to buy now with half of what your budget allows, and keep some fiat on the side to keep buying if it goes down.
