There's a lot of new people in here getting interested in crypto. A lot of you haven't had any experience at all with how volatile these currencies are. Every bubble cycle people come in hoping to get rich quick & end up losing everything.
Take a look at this chart:
If you think buying here is a good spot then you need to pick up a trading book. Yes you may get lucky & it moves another $50. However when it corrects or even crashes it will be so violent & so quick it will take you by suprise.
People in this thread are willing to put thousands into something that they don't know anything about. That's telling me we are in serious bubble territory.
Be careful out there!