Quote from: Elwar on May 04, 2015, 01:19:18 PM

Quote from: majorX on May 04, 2015, 12:55:42 PM

Quote from: Mt. Gox on May 04, 2015, 11:27:15 AM

Quote from: majorX on May 04, 2015, 10:56:39 AM

Quote from: operrajunk74 on April 29, 2015, 12:38:07 PM

It's a great Feeling to hold an bitcoins it was a wise decision to invest in a bitcoin and this is just an beginning
Still the best days to come at present i am investing everything in bitcoins because the scenario would be different in next 5 years and i ll be a rich guy for sure.

For sure you should hold the bitcoin you have or trade as it would not be profitable to sell now unless you are an early adopter, miner, or profit from something. Most don't fall under these category's though they are guys that have brought in over $400.

You should be careful investing everything in bitcoins as you won't be the first who have done that and their everything at $500-1000 is not looking great is it!? Same as yours might not when it halfs in value again. Invest what you can afford to lose and you won't go wrong.

It's not profitable for most miners either. Sad

If you want to read a horror story on the dangers of attempting to trade significant amounts of BTC with zero experience, I would recommend reading this:

http://www.reddit.com/r/Bitcoin/comments/1r88vl/need_advice_on_inheritance_arbitrage_family_etc

Oh! WOW!

That was a horrible read I feel very sorry for the sister having a brother like that Sad

That is not so much the danger of having no experience trading but a long the lines of being a newbie to life and a very unthoughtful brother, greedy and a total waste of space.

Chances are all that money has gone now like a gambler chasing his wins that brother would have lost it all I am sure.

Lets hope it can turn around and make us all the wealthy elite, saying that though I don't really hold enough after buying my first home but that is good enough/

Ya, I learned early on that I am not good with day trading. Lost about 400 bitcoins doing so.

Fortunately it was when the price was under $10.

If you are not a day trading expert, just buy and hold (better yet, convert and spend).

That was a lesson learned by you though and you never spent your familys money chasing it did you. The thing is it is not nearly as difficult as people think, I am not great by any means but I am in profit trading and if anyone is interested here is a great site to learn trading basics 'ignore the name' lol http://www.babypips.com this will put most people on the right track then maybe in time they can become the wealthy from bitcoin Wink