Quote from: gripflierGO on July 15, 2015, 03:10:15 PM

Quote from: Falconer on July 15, 2015, 11:20:22 AM

It sounds fair enough to get little loss from the dropping price, thats why holding bitcoin for long time is so risky and can't guarantee us that the price will rise a lot in 5, 10, even 20 years later.

That is not true. The prices are going higher in recent past if you look at the prices. So it will be foolish to wait for next 20 years or so. If you are getting profit in next one year then I think you should sell it and earn profits out of it. Greediness will not help you and you cannot wait for 20 years that prices will reach the sky limit.

I said holding or "hodl" bitcoin for long time is so risky, never said I will wait until 20 years. Maybe you need read carefully what I said, or correct me if I misunderstood what you said. Anyway, we can't just sell it and get profit, because it need a strategy and consideration in trading.

Quote from: Raeg on July 15, 2015, 04:02:50 PM

I'd rather wait for it to hit 1k than risk keeping my bitcoins on an exchange just to make s tiny profit here and there. Trading is too stressfull.

If you know the strategies in trading, then you will get higher profit, you can learn it here https://bitcointalk.org/index.php?board=8.0. In otherwise If you are really sure the price will raise alot and will wait no matter how long it is, then good luck.

Quote from: Balls on July 15, 2015, 04:05:16 PM

Sure, you can make a little profit in the short term with fluctuations but you can also lose it all this way. If the price suddenly went to the anytime soon then you might miss your chance to buy back in. I also think the price in the future will be smallfry in comparison to what it is now so holding for the long term is a good safe bet and you don't have to risk your bitcoins in the process.

Nah, why we wait something which is uncertain and just keep it in wallet. I bet you have made nice profit in last fluctuation Cheesy