Since I'm new to this I'm going the route of dollar cost averaging. I've put in a small amount to start and will try to buy more each month at a predictable time. The key will remain disciplined during the large movements. After 6 months I plan to re-evaluate and see if this is for me. In the mean time I'll be researching smaller coins with less market share that have true potential for mass appeal. With so many options now that may be much harder than it sounds. 12 months from now I may not be able to stomach the large sways if they continue month after month and look to move these investments with less risk.