it was the best time to buy when everybody was crying about the price and calling bitcoin dead, and it was low at $200. now it is time to sit back and enjoy the ride
The price is still very low when you consider what bitcoin COULD become. 250 USD might look cheap in 10 years when 1 bitcoin is 10,000 USD. Who knows, that's why this is the speculation forum
Yes good to wait for sometime and keep a close watch on price movement, as price is really high now so cannot afford to buy with this price.
I also have a view that prices will fall before approaching halving, but it's really hard to predict, it could be the current price is more stable to halving occurs. but I would say to buy the current is too high.
The price could fall to $500 in the next few weeks. But it will not fall below $500 before the halving.
bitstamp already got dumped down to $501 a few days ago. my guess is that the price will keep bouncing between $500-$550 till we are only a week or two away from the block halving. by that time i expect a final pump to cause the price to hopefully reach at least $600 on exchanges as bitfinex.