Other notable investors investing in Bitcoin include Cameron and Tyler Winklevoss (Harvard graduates have sued Mark Zuckerberg for suggesting that Facebook is based on their ideas). The twins bought a total of $ 11 million in Bitcoins by 2013, equal to about 1% of all bitcoins in circulation at the time. When the value of Bitcoin reached over $ 11,000 in early December, the twins were declared the first Bitcoin billionaire. They have suggested the SEC create a bitcoin investment fund, however, the SEC rejected the idea.
Another investor and entrepreneur, Erik Finman, invested $ 1,000 in Bitcoin at the age of 14 and has now become a millionaire.
So I am getting ready to buy my first sizable amount of bitcoin. It has been a big decision and a lot of hard work to get the capital, but I'm ready to put it in. How does one go about finding a good entry price to start the purchasing process?? I've seen people talking about dropping down to around 6k and others blowing up to 12k. I don't know charts and really am on the fence about buying now or waiting...
If you are really playing with serious money, stay out.
Nobody knows where this is going and at 8-9k, it's at the most dangerous point. Either buy in when it crashes (6k might be good) and it's not too late to buy in at 10k if it starts trending up.
But if you want to listen to morons preaching 100k, it's up to you.
