I would be very nervous sending that kind of money through the Internet. It might make sense to buy a couple hundred dollars at a time so that if one of the transactions gets hacked or something you won't lose all your money. I've been trying to meet somebody here in Denver in person to purchase bitcoin in cash.
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But I've also noticed the prices on LocalBitcoin were way higher than the exchanges, so I'm reluctant to do that as well. We also have several Bitcoin ATMs within a few blocks of my apartment here in New York, but those prices were even more inflated.
Wow, thank you! I know it's all a little scary. It will be hard to get money transferred in lots of little batches especially if the dip doesn't last long. But you have a point.