Do early adapters, who hold coins purchased at drastically lower prices, still buy bitcoins? Do they buy at regular intervals, or do they only buy the dips?
I only know one early adopter, who was given 500 BTC as a wedding present from his brother in law back when they were under a dollar a piece. I came to find out that my friend's brother in law is the one known as "Bitcoin Jesus." My buddy has bought and sold more along the way. He sold of a decent amount when it was around $200/btc. He mainly only buys now on the dips, but has a pretty large portfolio obviously. His goal was to get a portfolio of 1,000 BTC, but right before he was going to transfer the money, the huge surge came that pushed the price upwards of $400 per BTC (obviously we are way past that now).
He was urging me to get into bitcoins back when they were at $50, but I didn't get in until it was a little over $200 (mainly because I was uneducated in regards to crypto currencies). After doing a lot of research and reading through forums and so forth, I also invested in LTC back when they were a few dollars a piece, and got my friend invested into LTC too.
From what I am hearing from him though, is that one of the major banks is going to soon be coming out and publicly backing bitcoin which would give a lot more legitimacy in the eyes of people who are on the fence about investing.
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